992 GT3RS

Author
Discussion

993rsr

3,485 posts

255 months

Tuesday 16th January
quotequote all
FASTANDLOOSE said:
Hi all, many interesting comments on here, some bang on and many way off so here's why I didn't keep my RS...
Firstly I consider myself extremely lucky to have been given an allocation and my plan was to track the hell out of it, just like my previous GT cars, and enjoy the ultimate 911 experiance and the closest thing you could get to a street legal Cup race car but road legal. Porsche Preston, who I have been doing events and trackdays with for a couple of years now were fabulous. There was never a suggestion of me giving the car back to them, splitting a profit or anything at all underhand. They were happy for me to have the car and enjoy it and whilst I don't deny that some OPC's have been far less honest, I had no such discussions with Preston at all. The car should have arrived in March '23 but was delayed due to supply chain issues meaning I didn't finally take delivery until September. In the meantime and so as not to miss all summer's events I purchased a used GT3 from Preston and had the full Manthey kit installed. I paid a considerable premium over list for the car as this was the norm at the time and I needed a car for the events I had in my diary.
By the time the RS was ready for collection I had already had first hand experiance of driving two RS cars on track whilst at the same time absolutely loving my GT3 MR. I have always self insured my car on trackdays but with values close to £400k at the time I would have been a fool not to insure my RS for track use. Quotes were almost impossible to get and when I did obtain one it was £2,600 per day... It was also impossible to get the fastest tyres, Michelin Cup 2 R tyres which were unavailable at the time. I would also have slashed the value of the car by heavy track use and for what...? Just to show off I had the latest toy? The RS is not significantly faster, better than my GT3 MR and on standard tyres against my GT3 MR on Cup 2 R tyres, it's no faster at all. I also found some of the added technology on the RS very 'gimmiky' and not to my liking. Add in the impracticality of it and the fact my GT3 MR has now lost approx £50k in value and it made no financial or performance reason to keep the RS. I think the actual cost of running an RS on track is why they are mostly seen at coffee mornings and car meets as you need to be seriously wealthy to run an RS on track, tyres, insurance, depreciation etc and I sadly am not in that bracket. To all those that say these cars should be sold to enthusiasts who will use them I would say the ordinary person couldn't and wouldn't track it until such time as values come down to previous GT levels of premium.
So, the final part of the story is that I explained to Preston my thinking and they were good enough to buy the car back from me. It is not being sold for a profit split or so I get another allocation or any such deal. I did not take the car to Tom Hartley or similar as I felt it should go back to the supplying OPC to sell to the next keeper. Yes I made a profit on the car but this will only offset some of the losses I have incurred on previous Porsche's I have owned and on my current GT3.
I hope this goes some way to explaining why I sold the RS. I will carry on enjoying my GT3 MR this year as quite frankly it's as fast as I ever need to go on track, practical, good looking and I can also enjoy it on the road without standing out like a sore thumb.
Cheers, Tim Harvey.
Chubb/Aviva both include track cover. I'm with Chubb and have cover for UK and EU days up to a certain value, more than a 992RS value currently.

PRO 5T

4,697 posts

31 months

Tuesday 16th January
quotequote all
That's a shame Tim, the black and red colour scheme was lovely. The cost of some of the new GT parts is getting prohibitive for owners on track, I was in a Porsche workshop yesterday that had a 991.2 GT3 RS in for some very, very minor body work due to a gravel trap excursion.

The one new body part it needed was £15k to buy new from Porsche.

TDT

5,256 posts

125 months

Tuesday 16th January
quotequote all
As I said before:

TDT said:
Takes some nerve to want to actually extensively track a car worth +£300K - especially when you've also got something else in a stable that just as fast, and far less of a value risk in the shape of a 992 GT3 MR.
The cost and reality of it is broken down very clearly, given the amount of duty the car would see - which a lot of people don't really factor in.

Look forward to seeing you this season!


RDMcG

19,450 posts

213 months

Tuesday 16th January
quotequote all
FASTANDLOOSE said:
Hi all, many interesting comments on here, some bang on and many way off so here's why I didn't keep my RS...
Firstly I consider myself extremely lucky to have been given an allocation and my plan was to track the hell out of it, just like my previous GT cars, and enjoy the ultimate 911 experiance and the closest thing you could get to a street legal Cup race car but road legal. Porsche Preston, who I have been doing events and trackdays with for a couple of years now were fabulous. There was never a suggestion of me giving the car back to them, splitting a profit or anything at all underhand. They were happy for me to have the car and enjoy it and whilst I don't deny that some OPC's have been far less honest, I had no such discussions with Preston at all. The car should have arrived in March '23 but was delayed due to supply chain issues meaning I didn't finally take delivery until September. In the meantime and so as not to miss all summer's events I purchased a used GT3 from Preston and had the full Manthey kit installed. I paid a considerable premium over list for the car as this was the norm at the time and I needed a car for the events I had in my diary.
By the time the RS was ready for collection I had already had first hand experiance of driving two RS cars on track whilst at the same time absolutely loving my GT3 MR. I have always self insured my car on trackdays but with values close to £400k at the time I would have been a fool not to insure my RS for track use. Quotes were almost impossible to get and when I did obtain one it was £2,600 per day... It was also impossible to get the fastest tyres, Michelin Cup 2 R tyres which were unavailable at the time. I would also have slashed the value of the car by heavy track use and for what...? Just to show off I had the latest toy? The RS is not significantly faster, better than my GT3 MR and on standard tyres against my GT3 MR on Cup 2 R tyres, it's no faster at all. I also found some of the added technology on the RS very 'gimmiky' and not to my liking. Add in the impracticality of it and the fact my GT3 MR has now lost approx £50k in value and it made no financial or performance reason to keep the RS. I think the actual cost of running an RS on track is why they are mostly seen at coffee mornings and car meets as you need to be seriously wealthy to run an RS on track, tyres, insurance, depreciation etc and I sadly am not in that bracket. To all those that say these cars should be sold to enthusiasts who will use them I would say the ordinary person couldn't and wouldn't track it until such time as values come down to previous GT levels of premium.
So, the final part of the story is that I explained to Preston my thinking and they were good enough to buy the car back from me. It is not being sold for a profit split or so I get another allocation or any such deal. I did not take the car to Tom Hartley or similar as I felt it should go back to the supplying OPC to sell to the next keeper. Yes I made a profit on the car but this will only offset some of the losses I have incurred on previous Porsche's I have owned and on my current GT3.
I hope this goes some way to explaining why I sold the RS. I will carry on enjoying my GT3 MR this year as quite frankly it's as fast as I ever need to go on track, practical, good looking and I can also enjoy it on the road without standing out like a sore thumb.
Cheers, Tim Harvey.
Many thanks for that- a very sensible post. I also have a 992RS and will see how much use I get out of it in the coming year, though I did pay list so no premium to worry about. I have a couple of earlier car which I will certainly keep. The insurance issue is non-trivial though.

caminator11

391 posts

104 months

Tuesday 16th January
quotequote all
I tried to follow Tim around Anglesea a few years ago with deeply limited success - its very clear that you do not need a faster track car smile

hunter 66

3,978 posts

226 months

Tuesday 16th January
quotequote all
That about sums it up , like all things carwise, money needed is strong . Good idea to sell now and optimise return as you say . Also , always self insure and be careful / respectful as only a trackway . Racing against £20 mil cars at night is a good teaching point . Two friends just picked their 992 RS up in last weeks , interesting to see how quickly they sell , which I suspect will be very soon . It is the obvious route

rkwm1

1,482 posts

108 months

Tuesday 16th January
quotequote all






One just waiting for PDI.

Rocketreid

651 posts

78 months

Tuesday 16th January
quotequote all
FASTANDLOOSE said:
Hi all, many interesting comments on here, some bang on and many way off so here's why I didn't keep my RS...
Firstly I consider myself extremely lucky to have been given an allocation and my plan was to track the hell out of it, just like my previous GT cars, and enjoy the ultimate 911 experiance and the closest thing you could get to a street legal Cup race car but road legal. Porsche Preston, who I have been doing events and trackdays with for a couple of years now were fabulous. There was never a suggestion of me giving the car back to them, splitting a profit or anything at all underhand. They were happy for me to have the car and enjoy it and whilst I don't deny that some OPC's have been far less honest, I had no such discussions with Preston at all. The car should have arrived in March '23 but was delayed due to supply chain issues meaning I didn't finally take delivery until September. In the meantime and so as not to miss all summer's events I purchased a used GT3 from Preston and had the full Manthey kit installed. I paid a considerable premium over list for the car as this was the norm at the time and I needed a car for the events I had in my diary.
By the time the RS was ready for collection I had already had first hand experiance of driving two RS cars on track whilst at the same time absolutely loving my GT3 MR. I have always self insured my car on trackdays but with values close to £400k at the time I would have been a fool not to insure my RS for track use. Quotes were almost impossible to get and when I did obtain one it was £2,600 per day... It was also impossible to get the fastest tyres, Michelin Cup 2 R tyres which were unavailable at the time. I would also have slashed the value of the car by heavy track use and for what...? Just to show off I had the latest toy? The RS is not significantly faster, better than my GT3 MR and on standard tyres against my GT3 MR on Cup 2 R tyres, it's no faster at all. I also found some of the added technology on the RS very 'gimmiky' and not to my liking. Add in the impracticality of it and the fact my GT3 MR has now lost approx £50k in value and it made no financial or performance reason to keep the RS. I think the actual cost of running an RS on track is why they are mostly seen at coffee mornings and car meets as you need to be seriously wealthy to run an RS on track, tyres, insurance, depreciation etc and I sadly am not in that bracket. To all those that say these cars should be sold to enthusiasts who will use them I would say the ordinary person couldn't and wouldn't track it until such time as values come down to previous GT levels of premium.
So, the final part of the story is that I explained to Preston my thinking and they were good enough to buy the car back from me. It is not being sold for a profit split or so I get another allocation or any such deal. I did not take the car to Tom Hartley or similar as I felt it should go back to the supplying OPC to sell to the next keeper. Yes I made a profit on the car but this will only offset some of the losses I have incurred on previous Porsche's I have owned and on my current GT3.
I hope this goes some way to explaining why I sold the RS. I will carry on enjoying my GT3 MR this year as quite frankly it's as fast as I ever need to go on track, practical, good looking and I can also enjoy it on the road without standing out like a sore thumb.
Cheers, Tim Harvey.
Can’t disagree with your sentiment or selling to make a few bob in your circumstances, however I totally disagree with Porsche or more specifically Porsche stealers way of doing business !

GT cars are always sought after and although they sell in vast numbers compared to other Marques specials they nevertheless are often over subscribed.

I take issue with the many unscrupulous dealers and their Principals who have no Principles.

There are many genuine purchasers who would buy a GT product new but are scuppered by the You tubers and flippers and yet Porsche keep selling them cars

The car industry is a dirty business but Porsche and their dealers are the experts unfortunately

ChrisW.

6,640 posts

261 months

Tuesday 16th January
quotequote all
FASTANDLOOSE said:
Hi all, many interesting comments on here, some bang on and many way off so here's why I didn't keep my RS...
Firstly I consider myself extremely lucky to have been given an allocation and my plan was to track the hell out of it, just like my previous GT cars, and enjoy the ultimate 911 experiance and the closest thing you could get to a street legal Cup race car but road legal. Porsche Preston, who I have been doing events and trackdays with for a couple of years now were fabulous. There was never a suggestion of me giving the car back to them, splitting a profit or anything at all underhand. They were happy for me to have the car and enjoy it and whilst I don't deny that some OPC's have been far less honest, I had no such discussions with Preston at all. The car should have arrived in March '23 but was delayed due to supply chain issues meaning I didn't finally take delivery until September. In the meantime and so as not to miss all summer's events I purchased a used GT3 from Preston and had the full Manthey kit installed. I paid a considerable premium over list for the car as this was the norm at the time and I needed a car for the events I had in my diary.
By the time the RS was ready for collection I had already had first hand experiance of driving two RS cars on track whilst at the same time absolutely loving my GT3 MR. I have always self insured my car on trackdays but with values close to £400k at the time I would have been a fool not to insure my RS for track use. Quotes were almost impossible to get and when I did obtain one it was £2,600 per day... It was also impossible to get the fastest tyres, Michelin Cup 2 R tyres which were unavailable at the time. I would also have slashed the value of the car by heavy track use and for what...? Just to show off I had the latest toy? The RS is not significantly faster, better than my GT3 MR and on standard tyres against my GT3 MR on Cup 2 R tyres, it's no faster at all. I also found some of the added technology on the RS very 'gimmiky' and not to my liking. Add in the impracticality of it and the fact my GT3 MR has now lost approx £50k in value and it made no financial or performance reason to keep the RS. I think the actual cost of running an RS on track is why they are mostly seen at coffee mornings and car meets as you need to be seriously wealthy to run an RS on track, tyres, insurance, depreciation etc and I sadly am not in that bracket. To all those that say these cars should be sold to enthusiasts who will use them I would say the ordinary person couldn't and wouldn't track it until such time as values come down to previous GT levels of premium.
So, the final part of the story is that I explained to Preston my thinking and they were good enough to buy the car back from me. It is not being sold for a profit split or so I get another allocation or any such deal. I did not take the car to Tom Hartley or similar as I felt it should go back to the supplying OPC to sell to the next keeper. Yes I made a profit on the car but this will only offset some of the losses I have incurred on previous Porsche's I have owned and on my current GT3.
I hope this goes some way to explaining why I sold the RS. I will carry on enjoying my GT3 MR this year as quite frankly it's as fast as I ever need to go on track, practical, good looking and I can also enjoy it on the road without standing out like a sore thumb.
Cheers, Tim Harvey.
I respect your feeling the need to explain .... but let's be honest, this is your business and your choice.

You have very little (nothing ?) to prove on track and with a 992GT3RS pulling 2g and in very handy hands the performance differential between this and a well driven almost everything else, is almost too big ?

Given your alternative MR steeds, these are surely far more fun for others to watch / learn and possibly modify their own cars to simplify their improving pace ... the learning IS in the journey.

With the 992RS you may as well have been out in a Cup car ... which apart from the spectacle is almost irrelevant to most ...

johnny senna

4,054 posts

278 months

Tuesday 16th January
quotequote all
FASTANDLOOSE said:
Hi all, many interesting comments on here, some bang on and many way off so here's why I didn't keep my RS...
Firstly I consider myself extremely lucky to have been given an allocation and my plan was to track the hell out of it, just like my previous GT cars, and enjoy the ultimate 911 experiance and the closest thing you could get to a street legal Cup race car but road legal. Porsche Preston, who I have been doing events and trackdays with for a couple of years now were fabulous. There was never a suggestion of me giving the car back to them, splitting a profit or anything at all underhand. They were happy for me to have the car and enjoy it and whilst I don't deny that some OPC's have been far less honest, I had no such discussions with Preston at all. The car should have arrived in March '23 but was delayed due to supply chain issues meaning I didn't finally take delivery until September. In the meantime and so as not to miss all summer's events I purchased a used GT3 from Preston and had the full Manthey kit installed. I paid a considerable premium over list for the car as this was the norm at the time and I needed a car for the events I had in my diary.
By the time the RS was ready for collection I had already had first hand experiance of driving two RS cars on track whilst at the same time absolutely loving my GT3 MR. I have always self insured my car on trackdays but with values close to £400k at the time I would have been a fool not to insure my RS for track use. Quotes were almost impossible to get and when I did obtain one it was £2,600 per day... It was also impossible to get the fastest tyres, Michelin Cup 2 R tyres which were unavailable at the time. I would also have slashed the value of the car by heavy track use and for what...? Just to show off I had the latest toy? The RS is not significantly faster, better than my GT3 MR and on standard tyres against my GT3 MR on Cup 2 R tyres, it's no faster at all. I also found some of the added technology on the RS very 'gimmiky' and not to my liking. Add in the impracticality of it and the fact my GT3 MR has now lost approx £50k in value and it made no financial or performance reason to keep the RS. I think the actual cost of running an RS on track is why they are mostly seen at coffee mornings and car meets as you need to be seriously wealthy to run an RS on track, tyres, insurance, depreciation etc and I sadly am not in that bracket. To all those that say these cars should be sold to enthusiasts who will use them I would say the ordinary person couldn't and wouldn't track it until such time as values come down to previous GT levels of premium.
So, the final part of the story is that I explained to Preston my thinking and they were good enough to buy the car back from me. It is not being sold for a profit split or so I get another allocation or any such deal. I did not take the car to Tom Hartley or similar as I felt it should go back to the supplying OPC to sell to the next keeper. Yes I made a profit on the car but this will only offset some of the losses I have incurred on previous Porsche's I have owned and on my current GT3.
I hope this goes some way to explaining why I sold the RS. I will carry on enjoying my GT3 MR this year as quite frankly it's as fast as I ever need to go on track, practical, good looking and I can also enjoy it on the road without standing out like a sore thumb.
Cheers, Tim Harvey.
HANG ON JUST A SECOND!!
When an ex touring car star turns up on PH aren’t we meant to immediately ask for………The Custard Test??!

Digga

41,086 posts

289 months

Wednesday 17th January
quotequote all
johnny senna said:
HANG ON JUST A SECOND!!
When an ex touring car star turns up on PH aren’t we meant to immediately ask for………The Custard Test??!
Good point, well made.

Pistonheads directive 68250.

Oh no wait, that was "A rabbi shall sacrifice one or more chickens in an attempt to solve a crisis situation".

Let me look it up...

MarkM3Evoplus

818 posts

206 months

Wednesday 17th January
quotequote all
I'm curious how much downforce a 992gt3 MR generates on max settings. Anyone know?

ChrisW.

6,640 posts

261 months

Wednesday 17th January
quotequote all
I believe the downforces at max are:

GT4RS 100Kg
991.2 GT3 290Kg
991.2 GT3RS 430Kg and 586Kg in max settings
992 GT3 450Kg
992 GT3RS 860Kg ....

MarkM3Evoplus

818 posts

206 months

Wednesday 17th January
quotequote all
Hi Chris,

So maybe another 100kg for the 992 gt3 MR?

ChrisW.

6,640 posts

261 months

Wednesday 17th January
quotequote all
If you look at Porsche Approved cars with OPC's ... there are now 8 x 992GT3RS many with "round the block" mileage, one with 3500 and the other seven with less than 4000 miles between them.

There are more 992GT3RS for sale than there are either 991.2 or 991.1GT3RS's ...

How many left suggests that there were 81 of these cars registered in 2023 ... if that figure is up to date ...

For the other versions of GT3RS SA (991's onwards) .. the numbers left are:

991.1 279
991.2 first version 122
991.2 second version with particulate filter etc 140

991.2's ... the estimate was that 90% of cars were optioned with the Weissach package ... creating a shortage of the Mag wheels which was said to have limited production ...

Comparing this to how many first registered, it appears that we have lost:

991.1 37 cars
991.2 first version 7 cars
991.2 second version 11 cars ...

That feels like a very high number ? More than 10% ??

Edited by ChrisW. on Wednesday 17th January 11:33

Cheib

23,622 posts

181 months

Wednesday 17th January
quotequote all
ChrisW. said:
Comparing this to how many first registered, it appears that we have lost:

991.1 37 cars
991.2 first version 7 cars
991.2 second version 11 cars ...

That feels like a very high number ? More than 10% ??

Edited by ChrisW. on Wednesday 17th January 11:33
A lot of UK market cars go to Asia... certainly a couple of the first 992 RS's went to Asia. They were the buyers paying £500k plus.

Romans posted on Insta the other day that they'd sold a Dakar to a buyer in NZ.

£ is on its arse as we all know....expensive for us to go on holiday and a cheap place to buy cars from.

ChrisW.

6,640 posts

261 months

Wednesday 17th January
quotequote all
Yes I had heard of a lot of Dakar's being shipped out ...


ChrisW.

6,640 posts

261 months

Wednesday 17th January
quotequote all
MarkM3Evoplus said:
Hi Chris,

So maybe another 100kg for the 992 gt3 MR?
I don't know ... I found this ...

https://www.motorauthority.com/news/1141152_2024-p...

jh001

621 posts

183 months

Wednesday 17th January
quotequote all
ChrisW. said:
Yes I had heard of a lot of Dakar's being shipped out ...
There were 8 on AT a couple of weeks ago then down to 3 and now 4.

Yellow491

3,005 posts

125 months

Wednesday 17th January
quotequote all
There are loads of rs for sale plus extras coming through,the new market/selling price still with 50 overs, has potentially sold at £299.99,which is great news for the flippers and sharks not, one still advertised at 450ksmileProbably going to be more cars than the 991rs models that was built in record numbers.