GT3 Allocation
#4
I'm guessing that he means that the 2014 models might have a lower market value when it is time to sell, because of the "first year" problems they are experiencing.
An example of this is the 1968 Corvette. They had a number of issues that were corrected in the 1969 models. To this day - 45+ years later - a 1968 Corvette has a significantly lower market value than an equivalent 1969 model.
Due to the media attention that the GT3 fire problem has generated coupled with Porsche's stop sale/stop production response with no explanation as to what exactly is causing the problem, the 2014 GT3 may suffer a similar fate to it's reputation.
However, the OP may have a different take. Personally, I'd wait for a 2015 if I was in the market for a new GT3.
An example of this is the 1968 Corvette. They had a number of issues that were corrected in the 1969 models. To this day - 45+ years later - a 1968 Corvette has a significantly lower market value than an equivalent 1969 model.
Due to the media attention that the GT3 fire problem has generated coupled with Porsche's stop sale/stop production response with no explanation as to what exactly is causing the problem, the 2014 GT3 may suffer a similar fate to it's reputation.
However, the OP may have a different take. Personally, I'd wait for a 2015 if I was in the market for a new GT3.
#6
Swapped my June allocation for a fall car- much better as I just took delivery of a 14 S Cab from that same dealership and he is most happy to please me I guess- dealing with the GM which gets you instantaneous answers.
#7
I'm guessing that he means that the 2014 models might have a lower market value when it is time to sell, because of the "first year" problems they are experiencing. An example of this is the 1968 Corvette. They had a number of issues that were corrected in the 1969 models. To this day - 45+ years later - a 1968 Corvette has a significantly lower market value than an equivalent 1969 model. Due to the media attention that the GT3 fire problem has generated coupled with Porsche's stop sale/stop production response with no explanation as to what exactly is causing the problem, the 2014 GT3 may suffer a similar fate to it's reputation. However, the OP may have a different take. Personally, I'd wait for a 2015 if I was in the market for a new GT3.
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#8
I would wait until Porsche fully sorts out the current issue. There is no saying that they won't have to change the engine, which will mean a non-matching numbers car, which will lower the price in the long run.
I went through something very similar on a bike.
I went through something very similar on a bike.
#9
Didn't think about that, you are right.
#10
A 45 year old Corvette doesn't have much in common with a new GT3. Porsche has the resources to make this right. If these cars ever become collectors items and matching numbers matter we will be dead or too old to care. Relax.
#11
The comparison was a simple analogy. When any vehicle inherits a bad reputation early in its life, that reputation can be hard to shake later on. Surely the problem will be corrected in time but Porsche hasn't been forthcoming at all regarding what the issue is, leaving potential buyers and current owners in an awkward position.
Last edited by JackB911; 03-02-2014 at 09:35 AM.
#13
The comparison was a simple analogy. When any vehicle inherits a bad reputation early in its life, that reputation can be hard to shake later on. Surely the problem will be corrected in time but Porsche hasn't been forthcoming at all regarding what the issue is, leaving potential buyers and current owners in an awkward position.
#14
It's been a tough decision but I'm dropping my 2014 allocation (April build) and will go for a 2015 build which will either be late in 2014 or early 2015 production. I've been told that even late 2014 builds will be 2014 models and not 2015's. Apparently the current production is all allocated. The risk that I'm taking is that there may not be a 2015 production run!
On the future values, I just don't see how the current GT3 issues and publicity won't affect resale prices. A few weeks ago one was looking at the car going for a premium and by all accounts resale prices were predicted to hold strong. I just can't see that happening.
As others have stated, I too am confident Porsche will fix and resolve the problems with the 991 GT3.
Last edited by Haku; 03-03-2014 at 06:39 AM.
#15
Porsche just called my dealer today and gave an allocation slot so perhaps they have fixed the issue and will start building again? Either way, I'm getting mine this year and am not worried about the issues. Porsche is as good if not better than any out there at building a solid car. Cars get recalled all the time and they don't devalue from it. I expect the same here. If I'm wrong, at least I still get to enjoy the car a year earlier Win Win if you ask me!