Now I am sure we are at the peak of a bubble!

Market is what it is. A lot of cars for years were so undervalued (Porsche 930). I am glad to see that some cars (Ferrari 250 GTO, TR,) are considered art now.

 

Its Pts. And rare. There is a Pts. 4.0 Usa. Car here with delivery miles that Will run you 550k...

 

makes a 918 look cheap.

seriously!!!!

 

Its RHD and in the UK - those 2 things will add up - it does for a 1973 Carrera RS

 

4.0 RS one of only maximum 40 made in RHD, (last manual, etc etc)

1973 2.7rs RHD max 90 cars produced.

All adds up to me. Very rare car, highly regarded, price will seem very cheap eventually.

 

Ford GT maybe?

 

We'll see about that

And I've never seen one below sticker......even in the lull after 2007.

 

You have to remember that contemporary era supercars have re-defined the expression "instant classic", and if ever there was a good representative of that notion, its the GT3 RS.

As FXEFFECTS states perfectly, they are "Highly Regarded", and that's the perfect description for the 4.0 and the GT3 RS in general. That's the x-factor that will always make them desirable, besides the car's awesome capability as a true dual-purpose road & track car.

Current limited-production supercars from the era of the F50 and Enzo onwards (for example) are going without the typical down-then-up value cycle that follows their first few years, and part of the reason is that enthusiasts & collectors have gotten very good at picking what they perceive to be an automotive icon, and they vote with their wallets early. Add this to the fact that there are enthusiastic buyers from all 4 corners of the globe (literally), and you can see why a car like the GT3 RS has simply ascended in value without the typical depreciation you'd expect from classics of a bygone era.

 

I agree, the prices are speculative, but it sure beats working for a living. I find the whole "modern instant classic" concept to be oxymoronic.

There will be 4,000 no-mileage Ford GTs from now till we're all old. Most lucrative repackaging ever of a Mustang engine.

Even if there are only 40 RHD 997 GT3 RS, it really is silly money for a 997. You could have a nice Daytona coupe for that...

 

There were ~1,250 CGT's built vs. 600 4.0's. Simple math says that with slightly less than half the total to begin with, prices will be higher if both cars are equally sought-after, which they are today.

 

McLaren F1

But I agree with you, this GT3 is way overpriced... even though it is in my favorite color for a 911.

 

I don't see it in many of the Porsches !!!! I just don't get it!!!!! CRAZY!

 

Agreed. I understand that this is the end of an era, and a car not likely to be repeated by Porsche...but that is a lot of money! I just don't think this car should be valued the same as a CGT. That said, I am too poor to buy either!

Spending half a mil for a GT3 RS just seems crazy. Then again, so does spending that much for an F12, Aventador, etc..I find the prices of these recent "supercars" to be out of line especially when you consider prices of some of the Diablo variants, 512TR, etc.. I think the pricing of new cars is partially to blame for the weird discrepancy of prices we are seeing.

 

F1 have gone down before going up.

 

The car has tripled in 3 years. And it's not a delivery mileage car. It's insane.

 

Fantastic point.

 

A 4.0 is 1 of 600? More like 1 of thousands of 997s imo. It's a modified 997. The CGT's chassis is shared by none and makes it unique. The GT3 4.0 is not nearly as unique as it's another one of the one or two dozen 997 variants Porsche offered. That's the way I look at it at least...

 

The Fed maintaining historically low interest rates for over half-a-decade have also contributed. Borrowing money is very cheap, particularly borrowing against assets, thus driving up the prices of other items considered "rare".

This bubble will pop. Most likely right around when Yellen shifts her weight. Though it could happen sooner, once people realize this is a game of a musical chairs (in pretty cars) and nobody wants to be the last one writing the big check.

 

it's a bit like muscle cars....there are dozens of 69 Camaros, valued from $20k to hundreds of thousands. its 1 of 5 of 50,0000.....

another point, also from the muscle car world....think of all the clones of Hemi Cudas, COPO Camaros, Shelby Mustangs, etc. there are clones of '72 911 RSs as well. it's only a matter of time before someone starts buying basic 997 coupes and starts building RS 4.0 clones.

 

I would not. In my mind anything over $200K for one is too much. Obviously there are a lot of people that feel differently from me.

For the same $600k you could get a Diablo SE30, 360 CS and a Ford GT... I would much rather go that route.