GTR Resale Value!!!!!
#3
I have already purchased a GTR and definitely not because of resale I just love the menacing look of the vehicle and the drive is absolutly amazing I was just curious what everyone's thoughts were on it holding value a bit better than the GT and GTS have.
#4
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If you use MBFS lease residuals as an indicator, the GTR will have the lowest resale value of all AMG GT models. It is probably just a very cautious approach by MB so they won't take a bath but traditionally AMG's have terrible resale values.
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Cal (01-10-2018)
#5
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Historically the AMG variants perform poorly versus the Porsche GT line for example. But the GTR is probably the first AMG that directly competes with a specific Porsche product, that being the GT3/GT3 RS. Due to the limited number of GTRs that have been produced/delivered in ‘18, and potentially some form of scarcity in ‘19 due to production limits on various options, it ‘might’ just be that the GTR doesn’t lose as much money as history would lead us to believe. There’s no way that it will retain the fantastic residual values of a GT3/RS, but those who have leased might be pleasantly surprised at wholesale values when it’s time to turn the car back in.
I bought it it to drive the snot out of it on the street and track, and plan on keeping it throughout the warranty period at least, but I hope the above is somewhat close to what happens.
Bish
I bought it it to drive the snot out of it on the street and track, and plan on keeping it throughout the warranty period at least, but I hope the above is somewhat close to what happens.
Bish
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Cal (01-10-2018)
#6
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Historically the AMG variants perform poorly versus the Porsche GT line for example. But the GTR is probably the first AMG that directly competes with a specific Porsche product, that being the GT3/GT3 RS. Due to the limited number of GTRs that have been produced/delivered in ‘18, and potentially some form of scarcity in ‘19 due to production limits on various options, it ‘might’ just be that the GTR doesn’t lose as much money as history would lead us to believe. There’s no way that it will retain the fantastic residual values of a GT3/RS, but those who have leased might be pleasantly surprised at wholesale values when it’s time to turn the car back in.
I bought it it to drive the snot out of it on the street and track, and plan on keeping it throughout the warranty period at least, but I hope the above is somewhat close to what happens.
Bish
I bought it it to drive the snot out of it on the street and track, and plan on keeping it throughout the warranty period at least, but I hope the above is somewhat close to what happens.
Bish
#7
Very good points. Regardless of whether the GTR ends up with a high resale value, leasing these cars will always cost a lot. Same applies to the GT3/RS/GT2 RS. Even though Porsche knows these cars will retain their value, they won't make them cheap to lease (i.e., give us 80-90% RV on a lease). They are expensive to lease. These are cars to buy. The point is that there are some extreme cases where the RV set by the manufacturer's FS isn't really what they expect the car to be worth at lease-end.
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#9
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Originally Posted by thebishman
Anyone who leases a Porsche GT car thru' say their business, and then doesn't purchase it at the end to keep or resale shouldn't be in business!! lol
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thebishman (01-11-2018)
#11
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Same thing I was about to say. I haven’t seen one for sale even at MSRP yet on the used market. All the used ones on eBay have markups as well. I’m going to agree with Bish on this. It will be interesting to see how it plays out, but the 49% residual for a 36mo/10k lease? Doesn’t seem realistic at all to me.
#12
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Same thing I was about to say. I haven’t seen one for sale even at MSRP yet on the used market. All the used ones on eBay have markups as well. I’m going to agree with Bish on this. It will be interesting to see how it plays out, but the 49% residual for a 36mo/10k lease? Doesn’t seem realistic at all to me.
#15
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Very good points. Regardless of whether the GTR ends up with a high resale value, leasing these cars will always cost a lot. Same applies to the GT3/RS/GT2 RS. Even though Porsche knows these cars will retain their value, they won't make them cheap to lease (i.e., give us 80-90% RV on a lease). They are expensive to lease. These are cars to buy. The point is that there are some extreme cases where the RV set by the manufacturer's FS isn't really what they expect the car to be worth at lease-end.
Glad I bought my GT3, I didn't lose too much on depreciation.
Same thing I was about to say. I haven’t seen one for sale even at MSRP yet on the used market. All the used ones on eBay have markups as well. I’m going to agree with Bish on this. It will be interesting to see how it plays out, but the 49% residual for a 36mo/10k lease? Doesn’t seem realistic at all to me.
#18
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Buy it to enjoy it. It appears to be a good car. As an investment, I wouldn't do it. Mercedes Benz is generally known to DEPRECIATE like a ship anchor after the initial hype wanes off.
Nice effort and performance at sixth place.
Drive safe,
amgfan1
Nice effort and performance at sixth place.
Drive safe,
amgfan1
Last edited by amgfan1; 01-26-2018 at 09:45 AM. Reason: typo correction
#19
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W463 G550 / C190 GTC //prev: W204 C63 507 / R170
911 GT3s still depreciation about 50% after a few years. There are quite a few on AT.
I think a GTR will depreciate more than a GT3, but not by much. i.e., 60% depreciation instead of 50%.
They all depreciate, a lot, in time... unless they are very low production <1000 units and very low mileage.
I think a GTR will depreciate more than a GT3, but not by much. i.e., 60% depreciation instead of 50%.
They all depreciate, a lot, in time... unless they are very low production <1000 units and very low mileage.
#20
911 GT3s still depreciation about 50% after a few years. There are quite a few on AT.
I think a GTR will depreciate more than a GT3, but not by much. i.e., 60% depreciation instead of 50%.
They all depreciate, a lot, in time... unless they are very low production <1000 units and very low mileage.
I think a GTR will depreciate more than a GT3, but not by much. i.e., 60% depreciation instead of 50%.
They all depreciate, a lot, in time... unless they are very low production <1000 units and very low mileage.
I’m keeping my eye on the GT R values as well. It could be my next car after my 991 gt3.
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That's good depreciation. My GT lost that much value as soon as I signed the papers to acquire it.
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W463 G550 / C190 GTC //prev: W204 C63 507 / R170
I didn’t say 2015s would be 50% depreciated. (The fact that none are listed currently proves nothing, btw). You can’t go by model year for the GT3 because it’s only made for 1-2 years per generation. You can buy a 997 gen GT3 for 50% or less of MSRP.
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Here’s a 997 GT3 asking $69K:
https://www.autotrader.com/cars-for-...rIds=100020486
Don’t forget: asking price vs sold price are two VERY different data points.
The owners can ask for whatever they want. Doesn’t mean they will ever change hands at those prices.
There’s a mint blue one with PCCB on Autotrader that’s asking $89K. Has been for sale at least since July.
The GT3s do hold their value well. But that means 50% depreciation after a couple of model generations. The GT3 is not made in low enough volume to depreciate less. Porsche does a good job of holding back allocations so the public perceives the cars as being really hard to get and rare.
https://www.autotrader.com/cars-for-...rIds=100020486
Don’t forget: asking price vs sold price are two VERY different data points.
The owners can ask for whatever they want. Doesn’t mean they will ever change hands at those prices.
There’s a mint blue one with PCCB on Autotrader that’s asking $89K. Has been for sale at least since July.
The GT3s do hold their value well. But that means 50% depreciation after a couple of model generations. The GT3 is not made in low enough volume to depreciate less. Porsche does a good job of holding back allocations so the public perceives the cars as being really hard to get and rare.