How has the market remembered 991 GT3 engine failures?

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Our dollar volume jumped a bit for a Tuesday finishing well clear of $1m, thanks in part to one particular Turbo below. But it could have been even greater had our sell-through rate not taken a nose-dive into the low 60s.

THE MARKET

Sell-Through Rate (STR): 61%
Market Volume ($): $1,259,904
Market Volume (Units): 23

TOP SALES

1993 Porsche 911 Turbo 3.6 $335,965 Bring a Trailer
2023 Porsche 911 Turbo S Cab. $280,000 Bring a Trailer
2014 Porsche 911 GT3 $130,000 Bring a Trailer
1995 Porsche 911 Coupe 6sp $91,500 Bring a Trailer
2014 Porsche 911 C2S Coupe 7sp $77,777 Bring a Trailer

SPOTLIGHT

The eagle-eyed readers among us have probably already picked out the Porsche dealer sign sitting behind this 2014 911 GT3. That would be because this car was offered by Porsche Mobile, and not just as your typical pre-owned car on Bring a Trailer, but as a Certified Pre-Owned example with an amble warranty and the option to extend it by another year. So why does this matter, and more importantly, did it affect the price?

The certified pre-owned warranty matters when looking at 991 GT3s, as most have memories of the engine failures that plagued these cars at launch in 2014 due to an issue with connecting rod bolts during production. All 785 GT3s delivered up to the point of discovery had their engines replaced, and all cars received an extra year of warranty to ease concerns. Still, new engines and warranty aside, the reliability of these cars is hotly debated today.

The 991 GT3 market however still saw a meteoric rise in price like most Porsches post-COVID as average prices shot from a low of $110,000 to a peak of $136,000 although 2014 examples appear to lag behind with an average price of $130k. But the last few sales have put a bit of downward pressure on the market as the average has fallen a few thousand dollars over the last month due to a number of sales below that $136k mark.

Our Spotlight car, finished in Carrera White with Black leather and Alcantara, sold at a high bid of $130,000 yesterday. The car shows 12,000 miles on the odometer and is nicely optioned with the front-axle lift system, xenon headlights, Sound Package Plus, and Adaptive Sport Seats.

Even with the added benefit of the CPO warranty, $130k was fairly light for a car with 12k miles. Did year play a part in this one? Possibly. But I, for one, wouldn’t be worried. Well bought here.

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