CSL or GT3 the age old question

Jon8710 · 07-11-2016, 08:29 PM

Hello all

im having worrying thoughts about 911's again and just wanted to run some of my man maths past you to see if im being a silly sod or if its something I should run with as it might be my last chance for a while.

im getting married this weekend and after the ball busting out lay this has cost im weighing up my car options for the future and im sure kids will be knocking at my door in the next few years and then all obscene purchases like fast cars are out of the window for about 15-20 years and my brother once told me get your toys while you can!!!

so here's my thoughts

I could sell the CSL "with a heavy heart" and with the help from HSBC get my self into a 997 GT3.1 fine

but my question to you in the know is do you think with the whole brexit thing and all that the bottom is going to fall out of all this and my £80k GT3 will be worth £50k in the not to far future or are these machines still sought-after enough that they are going to hold up no matter what "within reason" happens?

or do you see cars like the CSL and GT3 only ever appreciate.

it has never really bothered me regarding the CSL as I bought it at it lowest point and have been lucky enough to ride the wave of appreciation
although it will hurt to buy a car at the top of its wave of appreciation if it had not been for the CSL raise I could never have afforded something like a GT3.

I know its not all about money but as mentioned I feel lucky enough to have owned a car that has risen in value and I don't want to blow it.

answers on a postcard please

jon

Yanto · 07-11-2016, 08:42 PM

Fook knows on values mate.

But first, congratulations on the big day and second, do what you can, when you can ! If it's within grasp and an ambition to get into Pork, I think you've already answered your own question !

Jon8710 · 07-11-2016, 09:56 PM

thanks very much mate,
i havent been on here much over the last few months but im going to try and get out for a few bevs for the xmas doo,

its more of a change thing really i love cars as we all do and i want to experiance lots of different ones,

the CSL has been one of the best cars i have owned and dont want to sell it but obvs cant own both,

none of this will happen untill spring anyway just looking for some guidance.

cheers

j

Alx · 07-11-2016, 10:51 PM

Hello,

Congratulations on your wedding (I had mine 2 month ago). :-)

I am a bit in the same situation as you.

I would love a 997, but in GTS form, since values seem to be closer to the CSL.

I think I will keep the CSL in the end. Despite being disappointed with modern BMWs, I am still a BMW fan and the CSL is more practical and could even get used if the family gets bigger.

All the best,
Alex

nw99 · 07-11-2016, 10:57 PM

Brexit has caused a lull in the classic car market and GT3's have come down in price . Having had one before I would definitely say buy one while you can it's a great car.

Jon8710 · 07-11-2016, 11:38 PM

Hi thanks for the comments,

I was also looking into the GTS it's a great looking car fully loaded as well!!

I'm more inclined to the GT3 as I feel it will hold its price more and if I'm taking out a loan to make up the short fall I don't want to be paying of money that I won't have any chance of seeing back if you know what I mean.

GregorFuk · 08-11-2016, 12:20 AM

If you can comfortably afford the CSL but would have to stretch yourself and get into debt to buy a GT3 I'd honestly stick with the CSL. As someone who works in the oil industry I can tell you that you never know when things may start to slide and it's always easier to hold onto something that's already bought and paid for.

**PeteGray** · 08-11-2016, 10:55 AM

Buy the GT3, it's definitely different enough to the CSL to justify a change and, in my view, worth the extra outlay for that different experience.

I can't see the car market nose diving but, there's already a gentle drift down in prices as the economy continues to stumble forward amid political uncertainty (not sure this is the case with the CSL?).

I firmly believe that new low's have been created for special cars, such as CSL's and GT3's, and you should get most, if not all of your money back when you sell.

A potential threat to the 997.1 price is the introduction of the 991.2, manual, GT3 (there not having been a manual GT3 in the 991 series before). That said, the majority of 991.2 GT3 buyers may well spec the PDK box, so it's not a given that this will overly affect prices.

Regardless of the 991.2, the 997.1/2 GT3's are very special cars in their own right and still look like very good value against a lot of older air cooled Porsche's.

Now the dust has settled on the Cayman GT4 there seems to be a growing voice that believes that the 997 GT3's is still the better car, and certainly has the better, GT3 specific engine, whilst the GT4 has the normal 991.1 Carrera engine. Prices of GT4's are still higher than the 997, which is understandable as their all mega low miles, look great, go great, and have lovely interiors. Give it a few years though and the pull of the 911 could see the 997 move ahead of the GT4 and further underpin prices.

07-11-2016, 08:29 PM	#1
Jon8710 S5, Sport Off, DSC M-track Join Date: May 2012 Location: london Posts: 563 Casino cash: $8371	CSL or GT3 the age old question Hello all im having worrying thoughts about 911's again and just wanted to run some of my man maths past you to see if im being a silly sod or if its something I should run with as it might be my last chance for a while. im getting married this weekend and after the ball busting out lay this has cost im weighing up my car options for the future and im sure kids will be knocking at my door in the next few years and then all obscene purchases like fast cars are out of the window for about 15-20 years and my brother once told me get your toys while you can!!! so here's my thoughts I could sell the CSL "with a heavy heart" and with the help from HSBC get my self into a 997 GT3.1 fine but my question to you in the know is do you think with the whole brexit thing and all that the bottom is going to fall out of all this and my £80k GT3 will be worth £50k in the not to far future or are these machines still sought-after enough that they are going to hold up no matter what "within reason" happens? or do you see cars like the CSL and GT3 only ever appreciate. it has never really bothered me regarding the CSL as I bought it at it lowest point and have been lucky enough to ride the wave of appreciation although it will hurt to buy a car at the top of its wave of appreciation if it had not been for the CSL raise I could never have afforded something like a GT3. I know its not all about money but as mentioned I feel lucky enough to have owned a car that has risen in value and I don't want to blow it. answers on a postcard please jon __________________ 1979 E24 635csi , 730d work horse , Porsche GT4

07-11-2016, 09:56 PM	#3
Jon8710 S5, Sport Off, DSC M-track Join Date: May 2012 Location: london Posts: 563 Casino cash: $8371	thanks very much mate, i havent been on here much over the last few months but im going to try and get out for a few bevs for the xmas doo, its more of a change thing really i love cars as we all do and i want to experiance lots of different ones, the CSL has been one of the best cars i have owned and dont want to sell it but obvs cant own both, none of this will happen untill spring anyway just looking for some guidance. cheers j __________________ 1979 E24 635csi , 730d work horse , Porsche GT4

07-11-2016, 10:51 PM	#4
Alx S5 - Full Throttle Join Date: Aug 2011 Posts: 487 Casino cash: $25206	Hello, Congratulations on your wedding (I had mine 2 month ago). :-) I am a bit in the same situation as you. I would love a 997, but in GTS form, since values seem to be closer to the CSL. I think I will keep the CSL in the end. Despite being disappointed with modern BMWs, I am still a BMW fan and the CSL is more practical and could even get used if the family gets bigger. All the best, Alex __________________ ///Alex

07-11-2016, 11:38 PM	#6
Jon8710 S5, Sport Off, DSC M-track Join Date: May 2012 Location: london Posts: 563 Casino cash: $8371	Hi thanks for the comments, I was also looking into the GTS it's a great looking car fully loaded as well!! I'm more inclined to the GT3 as I feel it will hold its price more and if I'm taking out a loan to make up the short fall I don't want to be paying of money that I won't have any chance of seeing back if you know what I mean. __________________ 1979 E24 635csi , 730d work horse , Porsche GT4

07-11-2016, 08:42 PM	#2
Yanto CSL Register Uber-poster! Moon Lander Champion! Ragdoll Master Champion! Join Date: Mar 2009 Location: Docklands, London Posts: 5,931 Casino cash: $40036	Fook knows on values mate. But first, congratulations on the big day and second, do what you can, when you can ! If it's within grasp and an ambition to get into Pork, I think you've already answered your own question !

07-11-2016, 10:57 PM	#5
nw99 S5, Sport Off, DSC M-track Join Date: Jan 2011 Location: South East Posts: 580 Casino cash: $12226	Brexit has caused a lull in the classic car market and GT3's have come down in price . Having had one before I would definitely say buy one while you can it's a great car.

08-11-2016, 12:20 AM	#7
GregorFuk S5 - Full Throttle Join Date: Nov 2014 Posts: 318 Casino cash: $11097	If you can comfortably afford the CSL but would have to stretch yourself and get into debt to buy a GT3 I'd honestly stick with the CSL. As someone who works in the oil industry I can tell you that you never know when things may start to slide and it's always easier to hold onto something that's already bought and paid for.

08-11-2016, 10:55 AM	#8
PeteGray S4 - Getting the hang of it Join Date: Apr 2014 Posts: 135 Casino cash: $3932	Buy the GT3, it's definitely different enough to the CSL to justify a change and, in my view, worth the extra outlay for that different experience. I can't see the car market nose diving but, there's already a gentle drift down in prices as the economy continues to stumble forward amid political uncertainty (not sure this is the case with the CSL?). I firmly believe that new low's have been created for special cars, such as CSL's and GT3's, and you should get most, if not all of your money back when you sell. A potential threat to the 997.1 price is the introduction of the 991.2, manual, GT3 (there not having been a manual GT3 in the 991 series before). That said, the majority of 991.2 GT3 buyers may well spec the PDK box, so it's not a given that this will overly affect prices. Regardless of the 991.2, the 997.1/2 GT3's are very special cars in their own right and still look like very good value against a lot of older air cooled Porsche's. Now the dust has settled on the Cayman GT4 there seems to be a growing voice that believes that the 997 GT3's is still the better car, and certainly has the better, GT3 specific engine, whilst the GT4 has the normal 991.1 Carrera engine. Prices of GT4's are still higher than the 997, which is understandable as their all mega low miles, look great, go great, and have lovely interiors. Give it a few years though and the pull of the 911 could see the 997 move ahead of the GT4 and further underpin prices.