GT3 prices going up

GT3 prices going up

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Digga

41,086 posts

289 months

Saturday 9th October 2021
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Cheib said:
jason61c said:
so now 991's are cheaper than 997's.

how low will they go?
I know some people will disagree with this but as 991.1's come up to 10 years old and lose the engine warranty I think the market for them could struggle a bit.
As a long term maintenance prospect, outside of OPC and warranty, the Mezger drivetrain is simply a far better known, understood and quantifiable risk. Set aside the comparative merits of the two platforms and the PDK - I’d be last last to say the 991.1 was not a brilliant car - there is nothing like the amount of data and experience of taking the newer car to the limits of performance and mileage. Could be unfounded fear, but it is a real variable nonetheless.

jason61c

5,978 posts

180 months

Saturday 9th October 2021
quotequote all
Cheib said:
I know some people will disagree with this but as 991.1's come up to 10 years old and lose the engine warranty I think the market for them could struggle a bit.
it seems that's the way its going already.

Mankers

612 posts

175 months

Saturday 9th October 2021
quotequote all
jason61c said:
Cheib said:
I know some people will disagree with this but as 991.1's come up to 10 years old and lose the engine warranty I think the market for them could struggle a bit.
it seems that's the way its going already.
Maybe at some point, but not now. Prices of the 991.1 GT3 look firmer now than 18 months ago. C.£10K price increases, since then. Don’t forget warranty can go to 15 years and many on late G series engine already. I too thought they would soften especially when COVID hit, but it’s not been the case.

Andyoz

2,900 posts

60 months

Sunday 10th October 2021
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Was out on a run here in Nth Ireland and these two 991.2 beauties were in the group.... getting a good seeing too by their owners on the lovely empty roads we have here on a Sunday.


That_White_GT3

294 posts

177 months

Monday 11th October 2021
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av185 said:
Prob one of the highest mileage 991.1 GT3s at 34k and slightly weird spec with pccbs and comfort seats. Has the front end been painted? If so check where it was done.

Doubtful it has £20k of options. Prob nearer £14k. So otr list aroind £115k. They have listed many standard features in the extras list unsurprisingly.

How many owners?. The history needs checking carefully.

As Mankers says check whether the car has had a g engine under warranty. My 991.1 GT3 was similar age and had a factory fit upgraded engine with certificate to prove which is a big plus on these for resale.
This was a good friend of mines, it was his daily for 18 months or so. He bought it from Porsche chester in May/June 2020 on 17k miles (still has dealer warranty on it)- needless to say it got used as intended not shut away in a garage! The end plates on the wing he had wrapped and the car was ppf'f fully on the front. The engine sticker doesn't indicate a new engine however as mentioned if you look underneath the car it might have had one... Either way the car was used and maintained no expense spared, we did a few track days this year and it didn't miss a beat. He only got rid as he wants a new car next year and thought it would be silly to put another 5-10k on it over the winter just to sell come next year.

Griffith500

69 posts

113 months

Wednesday 13th October 2021
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What's the view on 996 GT3s?

Digga

41,086 posts

289 months

Thursday 14th October 2021
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Griffith500 said:
What's the view on 996 GT3s?
Ace. Properly ace. Like the BMW E30 M3 sort of ace. The OG of the GT3.

tracydeedance

787 posts

185 months

Friday 15th October 2021
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Griffith500 said:
What's the view on 996 GT3s?
Great cars epic engines probably more old school with the later GT3s I have owned two just wished they were less expensive now I would have another good example but to rich for me now . I bought mine for 38 k and 40 k few years ago.

Digga

41,086 posts

289 months

Friday 15th October 2021
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tracydeedance said:
...just wished they were less expensive now...
BMW E30 M3's are pushing £100k today.

IMHO any 996 GT3 is a good buy right now. No idea of the value of any ICE car, but it's potentially a car that would do well.

Griffith500

69 posts

113 months

Friday 15th October 2021
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Digga said:
BMW E30 M3's are pushing £100k today.

IMHO any 996 GT3 is a good buy right now. No idea of the value of any ICE car, but it's potentially a car that would do well.
Amazing where the E30 M3 has gone.

I'm also considering an updated and restored 964 (very different car, various RS bits mechanically and externally but still looking original, suspension done, etc) but it's the same money as the GT3s I am looking at. Do you think there's more value and potential in the GT3 than the 964, which seems to have gone up a bit recently (at least based on advertised prices).

I'll want to use the car but I don't need to do any daily driving - purely for pleasure, although I'll put some miles on it for trips through Europe (based in Prague, where there are some amazing country roads and little traffic). I'm not looking to buy based on investment criteria but it's certainly something that's nice to have in the back of your pocket if possible.

Digga

41,086 posts

289 months

Friday 15th October 2021
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Hard to say on values overall.

IMHO, probably a 996 Gt3 has 'more to go' than the 964 platform, which has appreciated a fair bit in recent years. However, as I often say, there are many potential, theoretical reasons/scenarios that could effectively sign the death warrant of ICE cars.

We should enjoy them while we can and bugger the depreciation and mileage worries.

LemonTart

1,405 posts

140 months

Friday 15th October 2021
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This rather lovely 997.2 GT3RS is reserved.

12k miles for £195k asking price.


Batster3

380 posts

78 months

Friday 15th October 2021
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TDT said:
Nice looking one from Ashgood just gone reserved.
Had been eyeing it up, but 918 buckets are mandatory for me.

TDT - Black manual, 2018, 6k miles with folding buckets has just gone up for sale.

https://www.peternashcars.co.uk/used/cars/porsche-...



Melvynr

1,404 posts

57 months

Friday 15th October 2021
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It has the full leather dash as well

Digga

41,086 posts

289 months

Saturday 16th October 2021
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LemonTart said:
This rather lovely 997.2 GT3RS is reserved.

12k miles for £195k asking price.

Good. Hopefully it is sold.

Which will stop me wasting time looking at the ad. Lovely looking car.

LemonTart

1,405 posts

140 months

Saturday 16th October 2021
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Digga said:
LemonTart said:
This rather lovely 997.2 GT3RS is reserved.

12k miles for £195k asking price.

Good. Hopefully it is sold.

Which will stop me wasting time looking at the ad. Lovely looking car.
Ditto, I have checked that out on numerous occasions too.

Lovely looking car indeed.

Implus1

186 posts

46 months

Saturday 16th October 2021
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av185

19,088 posts

133 months

Saturday 16th October 2021
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Looks good history and nice spec apart from no extended leather so placcy dash and door tops which most buyers of gen 1 and 2 want.

Above average relative miles for a 991.1 GT3.

Car with buyers fee lol is coincidentally basic list price ££.

Any proper warranty?

I would want to know number of owners what they mean by PDK gearbox work and engine replacement history such as which OPC did the engine swap (car is to old to have had a factory production line swap) and has it got the latest G series engine.

Implus1

186 posts

46 months

Saturday 16th October 2021
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Porsche warranty till Jan 2022 apparently

julian987R

6,840 posts

65 months

Saturday 16th October 2021
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Implus1 said:
Poverty spec. At that money could you live with the plastic dash and plastic door cards. Very bland version if you ask me. Must be better out there for that money.