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Lately, I have gotten the bag for another Porsche. I've done quite a bit of research on the GT2 cars and I have noticed a lot of high mile vehicles out there asking pretty good money. I'm not sure what the market is like for these cars at this point.
My friends over in the Ferrari world have taken a big bath with their Maranello's lately. I'm keeping mine and just love that car but I'm wondering what's happening in Porsche land.
Do you think these cars are moving up or down and why?
What is a well sorted, low miles, accident free car worth?
I know that it is all about supply and demand. And then there's the person who just has to have "that car" will pay whatever they want to get it.
Lately, I have gotten the bag for another Porsche. I've done quite a bit of research on the GT2 cars and I have noticed a lot of high mile vehicles out there asking pretty good money. I'm not sure what the market is like for these cars at this point.
My friends over in the Ferrari world have taken a big bath with their Maranello's lately. I'm keeping mine and just love that car but I'm wondering what's happening in Porsche land.
Do you think these cars are moving up or down and why?
What is a well sorted, low miles, accident free car worth?
I know that it is all about supply and demand. And then there's the person who just has to have "that car" will pay whatever they want to get it.
Would be interested in hearing your thoughts.
I started looking at the GT-2 prices more recently too, and they seem to be a $100k car all day long w/30k+ miles on them and go up in $ from there if they are later production years and/or low mile example.
Much smaller market, so hard to make any general comments. But I'll try:
A couple years ago they were in the $80s, then went to the mid-$100s; now seem clustered under $100K and sitting. Mostly we're looking at asking prices. Not clear what they are selling for.
From what i can see, Going up, because people value these cars, could be also because people buy them to re-sell for more?
996TT is going up as well, and it's doing pretty well, I'm pretty happy about it because whatever i paid for it Sure I had to invest some cash to fix things here and there, I can get rid of for same price - not losing a cent - but i'm dying to see what's going to happen in the next 5 years, will it drop? I don't think so, sure 996 is not 993 but i think the value of the car will be in the same range . 80k and 140+k for gt2
I think they are going up (996tt also on rise). January 2015 I believe was the last time I saw one go for under $100k at any of the large auction houses.
Much smaller market, so hard to make any general comments. But I'll try:
A couple years ago they were in the $80s, then went to the mid-$100s; now seem clustered under $100K and sitting. Mostly we're looking at asking prices. Not clear what they are selling for.
I know of a ~44k mile example that sold for $92k this year.
Much smaller market, so hard to make any general comments. But I'll try:
A couple years ago they were in the $80s, then went to the mid-$100s; now seem clustered under $100K and sitting. Mostly we're looking at asking prices. Not clear what they are selling for.
I think that makes sense. It's always kind of hard to know around the holidays. I am wondering what the new year will bring??
I think they are going up (996tt also on rise). January 2015 I believe was the last time I saw one go for under $100k at any of the large auction houses.
Originally Posted by SeattleTurbo View Post
In 2013 I nearly bought a GT2 at ~$65k. I feel sick every time I think about it. Thought they were going to keep going down....
Originally Posted by SeattleTurbo View Post
In 2013 I nearly bought a GT2 at ~$65k. I feel sick every time I think about it. Thought they were going to keep going down....
+1. Better than the stock market.
Yep, another missed great investment lol.. I would have never sold it, but... I remember the conversation where we sat down to seriously discuss the purchase and we decided to hold off.... I knew they would kick up eventually, and that was low price even for that time, but didn't think it would turn around and go so high so fast.
There have been a few conversations regarding cars that I wanted to scoop up at a low price that would have been financial gains if sold.... I actually made a powerpoint showing potential growth if I had purchased cars at prices we discussed vs current selling prices over the summer and compared the percentage to 401k and investment portfolio.. I no longer have to consult with the Mrs for car purchases lost a battle, winning the war
12-21-2016, 03:35 PM
Market update on GT2
lost a battle, winning the war