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Special Market Update 991 GT2 RS

 

991 GT2 RS Added to PORS9 Registry

Franchise Dealers – How Much Over MSRP?

Build Stats + What are They Asking?

 

We quietly added the 991 GT2 RS to the PORS9 Registry two weeks ago (and will announce more models later this week – taking the PORS9 Registry to over 40,000 VIN’s). And in the meantime we have been collecting some early data which we wanted to share.

We thought the best place to start would be with Franchise dealers and their inventory. The model is new enough yet no longer hot enough that there is plenty sitting on their floors.

To start here are few facts for North America (subject to slight revision through the end of the year):

  • Estimated Total Production Sales North America = $435,388,986
  • 1,281 Built North America = 100%
  • 1,153 Built US = 90%
  • 128 Built Canada = 10%
  • 70 Base Models = 5.5%
  • 1,211 Weissach Models = 94.5%
  • 222 Paint to Sample = 17.3%
  • 46 Currently for Sale at Franchise Dealers = 3.6%

  • First, we can say that if your 991 GT2 RS is a non-Weissach (Base) model it is far more rare. But on the other hand no one may want it because there is no premium for the Weissach Package. The vast majority produced were Weissachs!

    Second, Paint to Sample (PTS) used be a highly coveted premium spec. But now it seems that PTS is just a matter of factory production capacity limits not limits set by the sales and marketing department to create desirability. Over 17% are PTS – unthinkable during the 997 era.

    Third, while 9 months ago they were still flying off the shelves and all the discussion was ADM, they are now sitting and waiting for their prices to drop – and some dealers are clearly still drinking a lot of Kool-Aid.


    Below is a table of the current franchise dealer offerings. Here are some summary stats:

  • Franchise Dealer Offerings Average Ask = $386,375
  • Franchise Dealer Offerings Average MSRP = $340,471
  • Franchise Dealer Offerings Average Ask Over MSRP = $45,904

  • If we remove the 5 outliers in the table below that are asking $100,000+ over (no one is paying that) the average ask over MSRP drops to $33,476.

    PTS cars as a group are asking an average of $77,306 over MSRP but this is skewed by some bizarre outliers including an ask over MSRP of $266,050.

    On the other end if we look at examples with 2,000+ miles the average ask over MSRP drops to less than $5,000.

    In summary, it seems that with the 991 GT2 RS, at the moment, perception is not reality – at least for some Franchise dealers.

     

    Ask MSRP Delta Base/Wei Color Miles VID Link
    $349,990 $334,330 $15,660 Weissach White 4247 https://pors9.com/vehicleid/553398
    $409,991 $339,930 $70,061 Weissach Racing Yellow 16 https://pors9.com/vehicleid/553627
    $419,991 $349,610 $70,381 Weissach PTS Non Met 255 https://pors9.com/vehicleid/553272
    $398,991 $353,160 $45,831 Weissach PTS 2258 https://pors9.com/vehicleid/554071
    $387,900 $356,660 $31,240 Weissach PTS 815 https://pors9.com/vehicleid/553603
    $457,410 $356,160 $101,250 Weissach PTS 246 https://pors9.com/vehicleid/554128
    $349,900 $327,340 $22,560 Base PTS 185 https://pors9.com/vehicleid/554284
    $389,900 $350,180 $39,720 Weissach PTS 160 https://pors9.com/vehicleid/554062
    $419,991 $358,140 $61,851 Weissach PTS 155 https://pors9.com/vehicleid/553436
    $439,395 $356,350 $83,045 Weissach PTS 107 https://pors9.com/vehicleid/554306
    $399,995 $355,790 $44,205 Weissach PTS 41 https://pors9.com/vehicleid/553851
    $619,230 $353,180 $266,050 Weissach PTS 16 https://pors9.com/vehicleid/553947
    $500,000 $353,620 $146,380 Weissach Miami Blue 1504 https://pors9.com/vehicleid/554484
    $383,800 $342,750 $41,050 Weissach Miami Blue 74 https://pors9.com/vehicleid/554089
    $364,995 $342,580 $22,415 Weissach Lava Orange 31 https://pors9.com/vehicleid/554304
    $314,900 $343,185 $(28,285) Weissach Guards Red 10547 https://pors9.com/vehicleid/554255
    $299,000 $329,080 $(30,080) Weissach Guards Red 6112 https://pors9.com/vehicleid/554474
    $349,911 $326,580 $23,331 Weissach Guards Red 1148 https://pors9.com/vehicleid/554187
    $339,000 $332,660 $6,340 Weissach Guards Red 1141 https://pors9.com/vehicleid/553656
    $352,991 $336,760 $16,231 Weissach Guards Red 899 https://pors9.com/vehicleid/554115
    $379,990 $332,490 $47,500 Weissach Guards Red 828 https://pors9.com/vehicleid/553599
    $399,995 $339,990 $60,005 Weissach Guards Red 95 https://pors9.com/vehicleid/554290
    $465,000 $340,890 $124,110 Weissach Guards Red 88 https://pors9.com/vehicleid/554364
    $367,790 $343,740 $24,050 Weissach Guards Red 35 https://pors9.com/vehicleid/553890
    $349,000 $343,900 $5,100 Weissach GT Silver 681 https://pors9.com/vehicleid/553540
    $389,995 $344,640 $45,355 Weissach GT Silver 387 https://pors9.com/vehicleid/554151
    $389,991 $345,000 $44,991 Weissach GT Silver 290 https://pors9.com/vehicleid/553832
    $355,000 $328,630 $26,370 Weissach GT Silver 75 https://pors9.com/vehicleid/553920
    $379,900 $342,670 $37,230 Weissach GT Silver 30 https://pors9.com/vehicleid/553418
    $339,950 $326,240 $13,710 Weissach GT Silver 20 https://pors9.com/vehicleid/553783
    $397,150 $331,100 $66,050 Weissach GT Silver 15 https://pors9.com/vehicleid/554000
    $399,991 $331,710 $68,281 Weissach GT Silver 12 https://pors9.com/vehicleid/553837
    $350,000 $329,570 $20,430 Base GT Silver 10 https://pors9.com/vehicleid/554359
    $352,885 $348,130 $4,755 Weissach Chalk 1601 https://pors9.com/vehicleid/553517
    $336,988 $325,920 $11,068 Weissach Chalk 849 https://pors9.com/vehicleid/553424
    $379,000 $345,585 $33,415 Weissach Chalk 215 https://pors9.com/vehicleid/553413
    $359,900 $326,170 $33,730 Weissach Chalk 50 https://pors9.com/vehicleid/553742
    $401,790 $335,740 $66,050 Weissach Chalk 12 https://pors9.com/vehicleid/553552
    $338,910 $337,860 $1,050 Weissach Black 2904 https://pors9.com/vehicleid/553298
    $367,620 $342,620 $25,000 Weissach Black 2900 https://pors9.com/vehicleid/554522
    $335,995 $331,930 $4,065 Weissach Black 2546 https://pors9.com/vehicleid/553824
    $355,000 $342,290 $12,710 Weissach Black 590 https://pors9.com/vehicleid/553965
    $389,995 $337,000 $52,995 Weissach Black 252 https://pors9.com/vehicleid/553392
    $399,000 $342,370 $56,630 Weissach Black 144 https://pors9.com/vehicleid/553610
    $415,900 $339,470 $76,430 Weissach Black 16 https://pors9.com/vehicleid/554434
    $429,220 $327,970 $101,250 Weissach Black 10 https://pors9.com/vehicleid/554141

     



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