Here's Why Porsche 911 GT3 And GT3 Touring Are About To Depreciate Like Never Before

All Porsche 911 variants are bound to become classics, even those with grim reputations like the Porsche 930 Turbo "Widowmaker". Even the controversial 996 generation has started to appreciate. But no other variant of the rear-engine sports car retains value as well as the GT3 models. Since 1999 (when the 996 GT3 was introduced), this was the go-to 911 for enthusiasts searching for track-optimized performance and a high-revving, normally aspirated flat-six engine.

That said, the car market is a dynamic place, even more so for high-end sports cars. The 911 GT3 has always been a desirable modern classic, and prices have reflected that. However, prices have never been as crazy as what we see on the 992.1 GT3 used market. This, however, will change and here's why prices will drop like never before, making the Porsche 992.1 GT3 as affordable as it will ever be.  

What caused 992 GT3 prices to skyrocket to begin with? 

Mischievous dealership practices  

If you have gone through the process of buying a Porsche (or have spent time playing around with the configurator), you have probably noticed how Porsche likes to charge quite a bit for optional extras. While acceptable in the world of high-end sports cars, dealerships plague the 911 GT3 buying experience with their unethical practices. 

Automotive aficionado ARC DRIVER, reminded how getting a Porsche 911 GT3 allocation slot between 2022 and 2023 was extremely difficult, despite the 992 GT3 being produced in unusually high quantities.

Dealerships were allegedly fabricating stories about Porsche not being able to produce the cars fast enough to meet the demand. The COVID-19 pandemic and “supply-chain bottlenecks” were pointed out as the main culprits. A market adjustment fee was devised where prospective buyers had to pay between $75,000 and $150,000 over sticker. 

The most mass-produced GT3, so far 

The aforementioned, low-production rumors were false. Between 2022 and 2024, a total of 15,667 Porsche 911 (992.1) GT3 were produced. These are no Toyota Corolla production figures, but it makes the 992.1 GT3 the most mass-produced 911 GT3 yet. In case you wonder, the 991.1 GT3 was produced in 10,800 examples between 2013-2016. The 991.2 GT3 numbers are a bit vague.  

According to Porsche Knowledge, 9,500 examples of the 991.2 GT3 were built with a PDK transmission while the manual-equipped cars are unknown. Another 4,880 cars were 991.2 GT3 RS. Keep in mind that those are global production figures for the Porsche 911 GT3, and the 991 generation has had more time on the market than the 992 has, at the time of writing this article. 

Why 992.1 GT3 values are dropping 

It is not that the 992.1 GT3 model is depreciating quicker than its predecessors (the 991 and 997). More like, the value is dropping in relation to the aforementioned “marked adjustment fees” - essentially, glorified dealer markups. 

Classic.com is revealing some interesting data. In 2022, 2023, and 2024, 992 GT3 (and GT3 Touring) prices were all over the place. The lowest recorded 992 GT3 sale was for $172,710 (2021 Porsche 911 GT3 Clubsport), and even lower prices can be seen. At the other end of the spectrum, we see a price of $445,272 (2021 Porsche 911 GT3 Touring “70 Years Porsche Australia Edition, sold on March 16, 2023).  

So far, there are only a few instances of 992 GT3s going for over $400,000, unless we count the track-focused Porsche 992 GT3 RS and very exclusive one-off Porsche 911 GT3s like this one. The main point is, while prices are still high, we see cars at the low end of the price range still unable to be sold. In 2024, the average market value of a 992 GT3, on the used market, dropped by $40,000 over last year (and over $100,000 since 2022), so the “steel bargains” might just be around the corner if you are looking for a normally aspirated 911, optimized for track use. 

Many 911 enthusiasts opt for the older, 991 and 997 models 

There is a noticeable shift in demand in favor of the older 911 GT3 models. While the 992 GT3 is an engineering masterpiece, many complain that with this generation, the 911 has finally become too big.  

That's where the 991 and 997 come in. The 997 GT3, in particular, is praised as the last analog 911. Even the 991 was deemed a bit too “fat” for a 911, and many frowned upon the electric steering (first introduced in the 991).

To put things in perspective, the average market value of a 991 GT3 is $125,624 (991.1) and $197,812 (991.2), but the data shows that over the last few months, many 991 GT3 cars have been sold for anywhere between $95,000 and $130,000 for the 991.1 GT3. For the 991.2 GT3, those numbers are $130,000- $235,00, with a few examples fetching around $300,000.

The 997 GT3 continues to be the absolute favorite for purists willing to forgive the water-cooled engine. In the 997 GT3, you can still get a Mezger engine, a more compact layout, less weight, and a more old-school feel, unburdened by modern tech. The 997 was, essentially, what the 996 should have been from the start.

This shift in demand and the debut of the 992.2 GT3 will, no doubt, cause 992.1 GT3 prices to go down even more. That said, if you just want a Porsche 911 and aren't too picky about all the details, the 992 Carrera's lack of a manual transmission could make it the next big thing on the used sports car market.

Economic struggles 

The last, but by no means least, circumstance is the economic situation. Demand for high-end goods has gone down overall, and even Porsche is not immune to this. Those willing and able to spend the money on a brand-new Porsche 911 GT3 probably won't be bothered since the German brand offers unparalleled value for money compared to the likes of Ferrari, Lamborghini, and McLaren while still possessing the pedigree. Those looking to sell their GT3 will be less fortunate, as declining demand is expected to cause further depreciation. 

If you own a Porsche 911 GT3 or any other high-performance car (or are thinking of buying one), I would like to hear your opinion. Feel free to drop a line in the comment section below. 

Dimitar Angelov's automotive interests made him an expert in a wide variety of vehicles. Japanese brands like Toyota are closest to his heart, although performance cars in general are his favorite segment, which is why he is constantly on the lookout for the best deals on the market. Dimitar Angelov's car passion and knack for the written word led him to complete a Master of Arts in Media and Communications, and classic car restoration. Dim is happy to get behind the wheel of any car and share his impressions. You can follow Dimitar on X, Linked-in, Instagram, and Facebook.

Image source: 2025 Porsche 911 GT3