How low can they go? | Porsche 911 GT3 Depreciation and Buying Guide

[@robburton8462]

Great video, thanks for sharing I would've to see the 996.1 + 996.2 GT3 against the 997.1 + 997.2 GT3 prices and then compare them to the 991.1 991.2 GT3 prices

[@fourwheeltrader]

A GT3 special sound like a good idea for a video.

[@jayherrmannn]

Yes please a GT3 special would be great I’m looking to purchase a 997.2 GT3 within the next 10 years or so and want to see, great video thanks

[@lukeydukeyz]

Yea would love to see this as well. 997 GT3/RS for both generations seem to be holding up well.

[@joeabdo7343]

I love my 2019 991.2 gt3 and I don't care about mileage or depreciation cause I'm never selling it 🤑

[@alexpheasants]

Same for me, I've got manual too, is yours manual?

[@VVH1997]

This is the way to go 🙏🏻🙌🏻 i drive a golf gti clubsport S, limited and numbered to 400 pieces. Everyone keeps them standing still and i use it every day. Never been so happy 🤷🏻‍♂️

[@fingerbang4842]

You're my hero! Drive it like you stole it!

[@pranavg3832]

Good choice!

[@para_bellum_1984]

@@alexpheasants If it's not the manual he's gonna sell it some day for sure :p

[@SlowMoe462]

great video. 991.2 is my dream car. This is super helpful information appreciate the hard work

[@bikerslow2598]

Fun data science... You could make money if you can industrialise this in a proper app. Great vid.

[@savmanousos5411]

Great analysis ! Love that you are fully data driven. Would love to see a Ferrari 599 as i think they are close to the bottom of the curve and also the Aston Rapide as they still seem in steep depreciation even for 8year old cars. Keep up the great work !

[@fourwheeltrader]

Good suggestions, thanks

[@a.c.e.7568]

From 2017 on, all 911s except the GT3/GT3RS were turbo-charged. The new 3 liter turbo was not what I wanted and I was sorry I missed out on a 911 GTS (991.1) when they were available. Any used GT3 was grossly overpriced (substantially above MSRP) and I simply told my dealer "would you buy stocks at their peak"? I wouldn't. So in 2018, I lucked into a used but very nicely equipped 2015 Carrera GTS in a 7-speed manual (I would not consider a PDK) with a mere 157 kms (98 miles) at my Porsche dealer. A better choice than a GT3 as a street car.

[@samn1217]

As an avid car guy who buys severe cars a year, I always enjoy your videos. Keep them coming! Would love to see some analysis on 987 Caymans as I think they’re close to bottomed out in depreciation! All the best!

[@fourwheeltrader]

Happy to hear that you enjoy the videos. You can find the one for the Cayman 987 over here: kzbin.info/www/bejne/p2iYq4WhnbJ-jdk

[@tegoautomotiveproducts5222]

Great analysis. Would love to know about the 991.2 GT3RS and GT2RS. Thanks. Keep up the great work!

[@fourwheeltrader]

They will definitely feature on the channel!

[@maoxian]

I'd be interested in seeing a depreciation analysis for the Mazda MX-5 (Miata). Thanks for your hard work.

[@dbealby]

Loving the newest miata. On the hunt for one. Would like to see it.

[@polystictus]

I believe that some McLaren models are crashing on resale values.

[@protoss7777]

Just check used cars, compare 570s and same-year 488 and huracan. You are right

[@mashsyed9808]

Hi Fourwheel Trader. Would love if you can do a video in post COVID prices for some of the vehicles you reviewed already: GT3, AMG GT-S, R8. I'm watching the car market here in the USA very closely and I'm not seeing a change in pricing post COVID. Really interested to see your analysis around that! Love your channel!

[@fourwheeltrader]

Hi, thanks for the tip. I also think that used car prices are still quite stable. There will be some market update videos on my channel soon.

[@mikejuzenas93]

Nice analysis - it would be good to title your analysis as only for the 991's - which is just a portion of the total GT3 market. The 991.1 GT3 is an isolated model which I predict will start to drop more as the special factory engine warranty (due to the problems with the engine rod bolts) starts to expire, never mind they were all PDK's with is a negative. The 997 and even the 996 markets are similar in that all the GT cars are very sensitive to mileage, and the RS variants even more so. It would be interesting to see what the depreciation curve does when the mileage gets really high on the GT cars, say 50, 60 or 70K miles. I bet the depreciation accelerates quite rapidly, especially as compared to a vanilla Carrera S.

[@erich964]

My how things have changed in this market. My 997.2 GT3 that has 10,000 miles on it is worth almost $160,000. I’ve had multiple offers for 150 K. They keep appreciating and as 992 becomes much more expensive but older GT variance keep going up

[@fourwheeltrader]

True, the market shifted a lot. This video is more recent but still outdated given the speed at which prices changed kzbin.info/www/bejne/q5bUoZSleLath9E

[@pakabukas]

Hi, could you make a video on some HUGE depreciating cars. Such as Porsche Panamera, or some Mercedes AMG, like E63. Thanks!

[@zachdziura4171]

What a wonderful anaylsis - thank you!

[@993er]

Let's hear about the 993 naturally aspirated and the older Nissan Z cars. New sub, love the content!

[@fourwheeltrader]

Good suggestions! I think that the 350Z market will be quite interesting.

[@a.c.e.7568]

Alongside my 991.1 GTS, I also have a Speed Yellow 993. As far as I am concerned, the 993 was the best of the bunch, obviously not the fastest and quickest (that is what progress does), but the best and real Porsche. If I had to sell one of them, the 991.1 would have to go.

[@fingerbang4842]

Geweldig, zoals altijd! Keep it up!!

[@ninoellison7793]

Fabulously detailed overview and content. Great work. So glad I found your chanel!

[@fourwheeltrader]

Thanks! Which car would you like to see analysed next?

[@ninoellison7793]

Fourwheel Trader - Car depreciation analysis My pleasure. Love to hear your thoughts & insights into the AMG A45 S. Many thanks!

[@porscheguy5848]

Mercedes AMG GTS would be a great video. I think they will drop a lot in price overtime although they are a great sports car

[@fourwheeltrader]

Check this out kzbin.info/www/bejne/oJ25Zmh_jK-CmdE

[@Robman-HfoodO]

Great video and analysis as always, thanks

[@fourwheeltrader]

*Did you expect this depreciation number for the GT3? And which car would you like to see analysed next?*

[@chrisnolke]

Please consider the 991 Turbo/Turbo S. Thanks!

[@FernandoRodriguez-uu6fj]

Mclaren 600lt is depreciating like hell allready. (650s likewise) Is it too soon to buy? Probably this is by not being a limited number like the 675lt wich ir holding prety well.

[@sanderbruyninckx9549]

It would be very nice if you made a video about the Porsche 930 turbo, a more iconic Porsche doesn't exist

[@dimik7533]

Great video mate, awesome stuff...👍👌

[@journeyofamarvelchampion4624]

You should also post your videos on rumble. A lot of people are leaving KZbin to posting on rumble where you can also earn revenue on your work!

[@pdeazy8207]

Excellent and very informative content! Thank you!

[@saintlaurent4902]

Do 2017’s r8 v10 !!!! They’ve been going down lately

[@fourwheeltrader]

Coming up soon.

[@terrymansfield2747]

Thank you for looking at the GT3 for us some good information there. Can you do one for the 991.2 GT3 RS? And 911R?

[@fourwheeltrader]

Should be interesting to see how they compare to the GT3.

[@ROBERT-ml7ml]

Please do a Lamborghini huracan depreciation video. Thanks mate!

[@fourwheeltrader]

I have an old video on the Huracan: kzbin.info/www/bejne/apCrqXl9ab9srK8 It is about the UK market though.

[@ROBERT-ml7ml]

@@fourwheeltrader well then, we will need a US market analysis won't we.

[@carlosescobar4469]

Great analysis on depreciation of Porsches in general. Is there a way to forecast when depreciation will end and appreciation will start on all GT 3 RS models?

[@fourwheeltrader]

You can never be certain but it is possible to give reasonable estimates.

[@CommandoMaster]

Porsche GT3 991.1 or .2 is my dream car.

[@smailhodzic2325]

when do you think the 2014 GT3's will bottom out? when will be best time to buy??

[@ftboomer1]

I appreciate data driven analysis. Very good job. Related to the GT3 models, is there a difference in the touring vs non-touring cars? My anecdotal view from looking at used GT3s is that there is a premium for touring cars. You might have captured this with the delta between 4.0 automatics vs manuals though since the touring cars are manual only. Regardless, subscribed.

[@fourwheeltrader]

Thanks for the sub! Good point, someone else remarked this as well. I excluded the touring models but some (i believe 4/5) cars which were listed as normal gt3's turned out to be touring models. This indeed explains the large difference between the manual and automatics.

[@HamzaRMalik]

Can you do a video for the 991.2 Speedster ?

[@RalphBehrPA]

Can you give me an answer to this?: For owners of Porsche 911 Cabriolet 2018: how many years before we should sell it and, assuming we want to drive only a 911 Cabriolet (Base) when should we sell our 2018 and what year should I buy?

[@EpigeneticAlteration]

Maybe I missed it, but it doesn't seem you account for original MSRP, which is an enormous factor in resale prices. A base .2 GT3 is only $143k and are routinely specified with options all the way up to $190k and well beyond into the $200k range for PTS and custom options.

[@fourwheeltrader]

All the prices you see are advertised prices.

[@EpigeneticAlteration]

@@fourwheeltrader I do understand that, but the analysis gets skewed when we don't consider asking price in conjunction with MSRP and options. A $150k asking price is either an amazing deal on a 991.2 GT3 with a MSRP of $200k or a rip off on a base model with $143k msrp.

[@skydance2012]

Lamborghini Diablo VT 2nd generation seams wildly underpriced? With Lamborghini popularity and production on the rise, where will these mid 1990 V12 car values go? (A simple spec 1994 Diablo VT)

[@flatsixrules]

Fantastic work. I am sharing your channel with my other car friends. Could I ask you to analyze the BMW M2 (2016-today) and contrast against M3/4.

[@fourwheeltrader]

Thanks! There is an older analysis about the M2 on my channel. The M4 should be coming up in a few weeks.

[@flatsixrules]

Fourwheel Trader - Car depreciation analysis I'd appreciate 🤓 in your upcoming analysis of the M4 that you would compare depreciation curves between the M3 and M4. Would be helpful to see an overlay of the M2 as well. Suggestion number 2: is there a way to model the overall market to show the impact of the pandemic on the used market?

[@korrossion9120]

Awesome videos! Waiting on the Cayman 718 and 981 analysis. Going to buy one of these cars in spring, which would be the better buy? 718 S, 981 S, or GTS 981? Thank you!

[@fourwheeltrader]

Thanks. You can already check out the 718 video over here: kzbin.info/www/bejne/a4vUho2NodCVmKc

[@aeromotive2]

great job, super helpful

[@tobysbreathisverybad]

As a quant and a car guy, I love these. There might not be enough data to do this any in anything but the 911, but curious if you can parse out the deprecation or return on options. I’ve heard that ceramic brakes return roughly 50% back and that’s stable. Curious. - Great work btw!

[@fourwheeltrader]

Thanks! Usually i see that the premium which you pay for options fades away once the car ages. There might of course be options for which this isn't the case, such as ceramic breaks. That would indeed be interesting analysis.

[@bikerslow2598]

Just to chime here that this is a FUN use of data science :) great posts

[@brandonshirey400]

Can you analyze the Chrysler K car?

[@kenttsang5779]

Both models 981 GT4 and 991.2 GT3 , which one is stable for depreciation compare with 781 GT4 and 992 GT3 manuel transmission (Normally should be NA)?

[@GT3Patrick]

Something strange is happening in the European GT3RS market since Porsche decided to increase the production numbers of the 991.1 GT3RS from 2000 to more then 6000. The value of the 997.1 and 997.2 GT3RS where already above new price but came down again as of 2015. Personally I’m very interested in the 997.1 GT3RS (European market). How do I get a personal analysis? Thx, great channel.

[@fourwheeltrader]

Hi Patrick, you can contact me at [e-mail] if you would like a personalised analysis.

[@racekar80]

The 991.1 and the 991.2 are not comparable. The one had the engine (problem) which who knows if it was ever really fixed. Extended warranty but that will eventually run out. Also PDK only, compared to the 991.2 which has completely different engine, and the stick shift.

[@NoahBB]

Would you be able to use a multi-factor model to show what amount of the depreciation is explained by age, and what amount is explained by miles. I think that could be VERY interesting for these "collector" style cars. What do you think about that?

[@fourwheeltrader]

Yes, good suggestion. I use a similar model when generating the forecasts. You need to account though for the multicollinearity.

[@kevinsimone7975]

Just curious, guessing Nederlander? Where are you from exactly if i may ask? Love your channel

[@fourwheeltrader]

Yes, I'm dutch :)

[@NVgough81]

Please do the Dodge Viper, gen 1,2&3

[@fourwheeltrader]

The Dodge Viper is noted. Coming soon to the channel hopefully.

[@bcben9930]

What do you think of the 991.2 Carrera T? Thanks.

[@fourwheeltrader]

Good suggestion for a video.

[@milootje007]

Do you see the GT3 (991.1) eventually go up in value because of it's relative rarity and naturally aspirated engin?

[@rudik5496]

As usual a great video. 2 points: a/ for the 991.2 the price difference between manual and pdk is due to the GT3 Touring which are manual only and are the outliers in your sample (all the very high prices of gen 2 manuals). The Touring is “supposed” to be rarer, but looking at your graph interesting to see that it’s not that rare... b/ the 991.1 have a serious engine default, Porsche gave a 10 year warranty and change the engine as soon as there’s a problem no question asked. Saying that for the 2014 cars, you’re now getting quite close to that 10y warranty and nobody really wants to be the guy with 991.1 in 2023. I would say that Porsche just hasn’t Really fixed the 3.8 gt3 engine, the latest batch of gen G engine is supposed to be fine but it still feels a bit like a lottery (still people reporting engine failure at 5-10k miles with gen G). And as not everybody tracks or drive their cars a lot, many might have had an engine change to an E or F gen a few years back.

[@fourwheeltrader]

Hi Rudi, thanks for your detailed answer. The GT3 Touring shouldn't be included in the data because i removed them. Nevertheless, after your comment i checked some points and i found that there were indeed 5 Tourings included. They were, however, not labelled as Tourings in the original data and therefore remained in the data set in used for the analysis. This indeed explains the price difference between the automatic and the manual cars. Thanks also for pointing out the engine problems. I was not aware that the problems were so severe.

[@mohammedseedat4453]

Very informative thank you

[@DriftKr6l]

@ 4:38 the graph label is wrong, states 997.1 and 997.2, however it should be 991.1 and 991.2.

[@fourwheeltrader]

Good spot, thanks. These should indeed be 991.1 and 991.2. I will add it to the description of the video.

[@omarmaursy1106]

Can you do a video on the F12 please

[@fourwheeltrader]

Here you go: kzbin.info/www/bejne/rYXCemWXe65jqpI

[@AJTalks]

Awesome video man. Any chance of getting one for the Ferrari California T?

[@fourwheeltrader]

Yes! It has been a long time since I did a Ferrari analysis.

[@copernic22]

What does he mean by depreciation in monetary terms vs the depreciation rate? I'd love to understand but that part is a bit confusing to me. Looking to buy a GT3 now and would love to have a better understanding of this.

[@fourwheeltrader]

It might be the the relatively and absolute depreciation rate. So the depreciation expressed in percentages and euro amount. Generally though, when i talk about the depreciation rate i mean the absolute rate.

[@ycnexu]

good work.

[@dineshan]

I'm looking to buy a LC500 Convertible. It just came out. I'm debating if I should wait and buy used in few years or just get a new one. I know I'll take a hit. Or other option is a 911 convertible very expensive or cheaper Boxeter.

[@fourwheeltrader]

More on the lc500 soon ;)

[@dineshan]

@@fourwheeltrader awesome. I was about to buy the convertible here in Canada over the weekend. Thank you. Keep up great work.

[@sevensola1]

Thanks for this. How about the Civic Type R. Also, any way to show US and European market comparisons as well?

[@fourwheeltrader]

I like the Type R. The only way to compare the European and US market is to have a look to the relative depreciation rates. It would indeed be interesting to see how they compare but it would require some extra effort to produce the analysis and video.

[@lukeydukeyz]

Agreed! Would love one of the type r

[@grantjennings162]

Do you plan to do an analysis on the GT4?

[@fourwheeltrader]

Already done ;) kzbin.info/www/bejne/fnWlaYWZgq2Hipo

[@ralphsnider6198]

Please do a depreciation analysis for the BMW M140i thanks very much.

[@Thatcardude207]

car analysis on 2017-2018 Audi R8 V10 plus

[@fourwheeltrader]

Coming up soon.

[@dwkwb8]

M2 competition!

[@anthonydoan1991]

Shouldn't you use the median instead of average in case of price outlier?

[@fourwheeltrader]

You are right. I use the mean because I'm not sure if everyone knows what a median is.

[@matthewk9563]

Would like to see the Jaguar F-type

[@fourwheeltrader]

That's already covered ;). Check out my channel.

[@johnvalle9575]

how about a Ferrari 488 Pista and 812 Superfast? looking to buy one of those

[@fourwheeltrader]

Good suggestions

[@tomhegedosh5487]

spyker c8 next please!

[@fourwheeltrader]

Original suggestion! I'm not sure though if there are enough cars for sale to make a meaningfull analysis.

[@tomhegedosh5487]

Fourwheel Trader - Car depreciation analysis sample size tiny. Only 2 cars for sale that I can see. Funny thing is a recent BAT auction result of high 200s caused the dealer of another one to raise his asking price from 229 to 279. Haha

[@fourwheeltrader]

@@tomhegedosh5487 I think these type of analyses are pretty useless for such niche markets where auctions are key to pricing.

[@tomhegedosh5487]

@@fourwheeltrader yeah good point, not enough data. I guess a Ford GT would be a competitor for an investment in that price range

[@joedomingos8486]

Lincoln Town Car, last updated ones from 2005-2011

[@DoctaM3]

Let's see Mclaren 650S vs 720S or 570S vs 600 LT

[@fourwheeltrader]

A Mclaren video is coming up soon.

[@danielmockaitis4461]

Where/How are you getting your data?

[@mranonymous1167]

Me before the video starts : Maybe I can get one for a good deal ? When I see the numbers :Do I really need that 2nd Kidney ?? 🤔😆🤦‍♂️

[@nebeachbum]

How about the 997 GT3

[@alexioflexio8818]

amazing

[@ameliatv8150]

Interesting info :-)

[@fourwheeltrader]

Thanks

[@VikramKrishnan404]

Is this just in the US, or elsewhere as well?

[@fourwheeltrader]

This is about the US market.

[@tubeter1]

2012 c63 black series

[@priqq1]

I'll take a gt3 touring in carerra white please...👍👍👍😍

[@TheEmpiredown]

Carrara. Carrara White... SS

[@fishfan0092]

69-72 911T

[@jamsonren9640]

please analyze 458 italia

[@fourwheeltrader]

You can find that one already on my channel. It would need to be updated though.

[@wea71]

The people that thumb down 👎 this video just realized they paid too much for their GT3. 😂

[@MarkJ991]

can you do a Porsche 991 Turbo Models ?

[@fourwheeltrader]

There is a full video about the 911 991 turbo models on my channel

[@MarkJ991]

@@fourwheeltrader Thank you so much!

[@DailyDownshift]

991.1 RS vs 991.2 RS please?

[@fourwheeltrader]

That will be interesting

[@davidb3824]

can you do the 2013 ferrari 458 spider

[@fourwheeltrader]

Good suggestion!

[@pedroestevesafonso8582]

F430 depreciation? Should be interesting

[@fourwheeltrader]

Working on that one.

[@nicholasmiron1960]

I'm going to conclude then, if you want to lose the least amount buy a older, higher mileage car

[@jaysmoove21rl]

What about the 991.2 gt2rs?

[@fourwheeltrader]

Should make a seperate analysis for them.

[@johngcostello]

Can u do the 720s

[@fourwheeltrader]

That's already on my channel ;)

[@TheUnlistedOne]

Please do one for 981 Cayman GTS.

[@fourwheeltrader]

Coming up in the next few weeks

[@novan3]

X6M please

[@chrischoi2307]

Do you take into account, that MY14/15 cars have engine warranties of 10 years/120K miles?

[@gtrguyinaz]

Porsche has now ended the flippers party... GT2 , GT3 rs .....whatever...easy money is gone... If you love it... Just drive it....

[@nickwilliam4255]

Ferrari f430 please!

[@fourwheeltrader]

Working on that one

[@filmeschieber]

cayman gt4

[@fourwheeltrader]

Check this out kzbin.info/www/bejne/fnWlaYWZgq2Hipo

[@jeremyviola9089]

There a huge difference btwn 991.1 and .2 gt3, the engine. .1 engines had major high revs misfires issues and are progressively replaced. Gen .1 cars have a 10 years warranty to cover that issue starting with m/y 2013. Which means 2 things: - gen1 cars are cheaper and will remain cheaper than gen2 cars imho - if you buy a gen1 car, you better check that the engine is replaced

[@fourwheeltrader]

Thanks, that's good information.

[@fredericlarochelle8068]

981 GT4

[@fourwheeltrader]

kzbin.info/www/bejne/fnWlaYWZgq2Hipo check this out

[@erwinrommel891]

CONCLUSIONNNNNNNNNNNNNNNNNN PLEASEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE????

[@RMPV12]

991.1 Targa 4GTS

[@fourwheeltrader]

Thanks for the suggestion.

[@longbeachcarguy]

2018 Maserati Granturismo MC please! Thank you!

[@fourwheeltrader]

Interesting idea, they came down a lot.

[@longbeachcarguy]

Wonder if the fact that they use the last ever Ferrari atmospheric V8 engine will help their value at some point. Thank you Sir!

[@emanuelbecerra7765]

Do the depreciation of the 2019 Infiniti QX50 😂

[@asquarefield]

MSRP difference between 991.1 and 991.2 is over $10K... without that in mind, this analysis is just incorrect.

[@fourwheeltrader]

The prices of the new cars are not msrp prices, they are advertised prices which may or may not be in line with the msrp.

[@asquarefield]

@@fourwheeltrader that's what I mean as well. Many of them were sold w premium so we cannot really discuss depreciation here. Also the bottom end of the depreciation curve is at just below the msrp of the .1 and .2 cars...

[@johncrazy8756]

BLUF: these cars don't depreciate much at all!!!