996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

CGT for sale 400K?

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Old Sep 24, 2004 | 05:34 AM
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CGT for sale 400K?

A buddy of mine works at SpaceX in El Segundo and he said that the owner Elon Musk bought a CGT and doesn't like it so he is interested in selling it probably at 400K. That's all I know if someone is interested they could call the owner directly at SpaceX.
 
Old Sep 24, 2004 | 05:48 AM
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that sounds a little cheap.
 
Old Sep 24, 2004 | 05:49 AM
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Derek,
is it the black one?
 
Old Sep 24, 2004 | 06:28 AM
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Arling

I am not sure but I can ask my friend
 
Old Sep 24, 2004 | 08:00 AM
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Originally posted by dgussin1
that sounds a little cheap.
Not when there are several new '04s around the country in dealer stock. List is $448,300. For someone to buy used (or titled), they're going to have to save more than $10k-$20k. Just wait to the '05s start showing up at dealers.
 
Old Sep 24, 2004 | 08:59 AM
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Originally posted by ESK
Not when there are several new '04s around the country in dealer stock. List is $448,300. For someone to buy used (or titled), they're going to have to save more than $10k-$20k. Just wait to the '05s start showing up at dealers.
One just sold with 4k miles (!!!) for $431k. $400k reflects his frustration with what are some major short comings in this car vs. it's market value.
 
Old Sep 24, 2004 | 09:00 AM
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Originally posted by ESK
Not when there are several new '04s around the country in dealer stock. List is $448,300. For someone to buy used (or titled), they're going to have to save more than $10k-$20k. Just wait to the '05s start showing up at dealers.
"is $448,300. For someone to buy used (or titled), they're going to have to save more than $10k-$20k."

Actually, destination, gax tax, etc runs the MSRP new up to about $460k which makes $448k more than $10k off.
 
Old Sep 24, 2004 | 09:10 AM
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With over 3,000 cars planned most collectors - traditionally the targeted buyers - are staying away. 3000 cars just does not sound like an exclusive automobile.

With a 12% profit for the dealer I think you'll soon see new GTs offered around $400K in Autoweek.

My prediction is that a used GT can be had for much less than $400K before mid 2005.

Just my $.02.
 
Old Sep 24, 2004 | 09:34 AM
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Originally posted by BlackBear
With over 3,000 cars planned most collectors - traditionally the targeted buyers - are staying away. 3000 cars just does not sound like an exclusive automobile.

With a 12% profit for the dealer I think you'll soon see new GTs offered around $400K in Autoweek.

My prediction is that a used GT can be had for much less than $400K before mid 2005.

Just my $.02.
Your assumptions are way faulty which can't help but affect your prediction. There are 1500 (not 3000) to be built worldwide. Unlike other Pcars, the profit margin is appx $25k (under 6% not 12%). Additionally, there is over $10k in gas tax, destination charges, etc on top of the MSRP. It's hard to believe they'll be selling for $60k under sticker (ie: $400K) when dealer cost is $425k. Of course some dealers (like Scholfied in Kansas) are trying to keep the $50k deposits to help them sell the car above net cost.
 

Last edited by ben, lj; Sep 24, 2004 at 09:37 AM.
Old Sep 24, 2004 | 11:13 AM
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Ben, I don't mean to **** you off, but I'm guessing this likely will...

Why are you so bitter? No one put a gun to your head when you jumped at the chance to get a CGT. They told you up front that the $50k deposit was nonrefundable. You also knew how many they were going to build. It sucks that you didn't get to drive the car when you visited Germany, but it's understandable as they only had so many mules and not everyone's skills are up to the level of the vehicle. If it had the resale value of an Enzo, you'd be laughing all the way to the bank. But it doesn't and you're bitter about that since you've had a change of heart about owning one.

I understand your issues about the clutch and the handling. They're valid concerns, but all ultra high performance cars all have their nuances. I'm sure many owners have adapted to the CGT's unique characteristics.

We've all made mistakes (some more costly than others). Like I said, I'm not trying to **** you off, but for your own health & sanity you should accept the facts and move on.

Look on the bright side, most of us here would kill to be in your position. Enjoy what you have and the great things that will surely be in your future.

No offense intended.

Flame away...
 
Old Sep 24, 2004 | 11:59 AM
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Originally posted by Holger B
Ben, I don't mean to **** you off, but I'm guessing this likely will...

Why are you so bitter? No one put a gun to your head when you jumped at the chance to get a CGT. They told you up front that the $50k deposit was nonrefundable. You also knew how many they were going to build. It sucks that you didn't get to drive the car when you visited Germany, but it's understandable as they only had so many mules and not everyone's skills are up to the level of the vehicle. If it had the resale value of an Enzo, you'd be laughing all the way to the bank. But it doesn't and you're bitter about that since you've had a change of heart about owning one.

I understand your issues about the clutch and the handling. They're valid concerns, but all ultra high performance cars all have their nuances. I'm sure many owners have adapted to the CGT's unique characteristics.

We've all made mistakes (some more costly than others). Like I said, I'm not trying to **** you off, but for your own health & sanity you should accept the facts and move on.

Look on the bright side, most of us here would kill to be in your position. Enjoy what you have and the great things that will surely be in your future.

No offense intended.

Flame away...
I know lots of people who have cancelled their orders yet this pissant dealer is the first one not to return the deposit!
 

Last edited by ben, lj; Sep 24, 2004 at 12:02 PM.
Old Sep 24, 2004 | 10:47 PM
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I hadn't heard that (probably due to the fact that I'm not in the market for a CGT), but that's a fair reason to be PO'd.
 
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