GT3/GT2 Performance and Track Discussion on the Porsche GT3 and GT2

2002 GT2 - what's it worth

Thread Tools
 
Rate Thread
 
Old Dec 13, 2007 | 09:49 AM
  #16  
PAULIEWALNUTS's Avatar
Registered User
Joined: Jun 2006
Posts: 3,822
From: HOUSTON
Rep Power: 430
PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !PAULIEWALNUTS Is a GOD !
My god if GT2's are that low what are turbos 30-35k?
 
Old Dec 13, 2007 | 10:30 PM
  #17  
supercup's Avatar
Registered User
20 Year Member
Joined: Sep 2004
Posts: 671
From: Orange County
Rep Power: 48
supercup is infamous around these parts
I traded my 2003 GT2 (seal grey/black) with 8,813 milese on it in stock configuration (except for GIAC controller with 91, race and stock programs) this past April when my RS came in, they gave me $105K. I tried to sell it with many quailty mods for 4 months in the $125K range and went as low as $118K on a counter offer. Ultimately I put it back to stock and took the dealers offer. Since all the parts were quality, they were easily sold and generated about $20K net of cost to return to stock.

So seems like a 2002 car with 9K miles at $95K is a very fair deal, and after looking around the net this weekend I would say about right. To get a GT2 with low miles for that kind of money is unbelievable, they are awesome cars!

JCM
 

Last edited by supercup; Dec 16, 2007 at 04:17 PM.
Old Dec 13, 2007 | 10:34 PM
  #18  
oak's Avatar
oak
Registered User
Joined: Jul 2003
Posts: 2,741
From: So Bay, LA
Rep Power: 142
oak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud of
ok I guess I'm way off the mark. werd. this is a different market, if you want to sell now that's the price it takes to sell, now! oh, yeah, way off. I forgot...
 
Old Dec 14, 2007 | 08:44 AM
  #19  
LUISGT3's Avatar
Registered User
Joined: Mar 2005
Posts: 16,073
From: Minneapolis, Mn
Rep Power: 1071
LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !LUISGT3 Is a GOD !
Whenever you are looking to get a value on a car, add 10-15% (sometimes 20) to whatever Oak says and you have the right value.
 
Old Dec 14, 2007 | 01:10 PM
  #20  
iLLM3's Avatar
Registered User
Joined: Aug 2005
Posts: 16,296
From: SOFLA/NYC
Rep Power: 717
iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !iLLM3 Is a GOD !
Originally Posted by LUISGT3
Whenever you are looking to get a value on a car, add 10-15% (sometimes 20) to whatever Oak says and you have the right value.
 
Old Dec 15, 2007 | 10:19 AM
  #21  
oak's Avatar
oak
Registered User
Joined: Jul 2003
Posts: 2,741
From: So Bay, LA
Rep Power: 142
oak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud ofoak has much to be proud of
I have only one question, did it sell?
 
Old Dec 15, 2007 | 04:25 PM
  #22  
gt2buyer's Avatar
Registered User
Joined: Feb 2004
Posts: 386
From: chicago
Rep Power: 40
gt2buyer is a jewel in the roughgt2buyer is a jewel in the roughgt2buyer is a jewel in the rough
95K is a fair price if the car is clean, All stock and never been modded!
No paint work , not even the bumpers. Let me know.
 
Old Dec 15, 2007 | 06:56 PM
  #23  
fasteddiett's Avatar
Registered User
Joined: Feb 2004
Posts: 1,619
From: here and there
Rep Power: 88
fasteddiett has a spectacular aura aboutfasteddiett has a spectacular aura about
Originally Posted by dynwolf
I paid $110 at a dealer for a CPO 2002 with just over 10k about five months ago.

Happy with the deal I got, though I'll admit it's frustrating to see now if I'd held out a little longer I could have gotten a better deal.

Still, it's an awesome car - I just need to learn to stop looking at cars after I buy one.

JM
what dealer if you dont mind me askin?
 
Old Dec 15, 2007 | 06:57 PM
  #24  
fasteddiett's Avatar
Registered User
Joined: Feb 2004
Posts: 1,619
From: here and there
Rep Power: 88
fasteddiett has a spectacular aura aboutfasteddiett has a spectacular aura about
Originally Posted by iLLM3
unless of course it is something oak is selling.... then subtract 15-20%
 
Old Dec 15, 2007 | 11:52 PM
  #25  
Shillens's Avatar
Registered User
Joined: Nov 2007
Posts: 32
From: california
Rep Power: 20
Shillens is infamous around these parts
Originally Posted by supercup
I traded my 2003 GT2 (seal grey/black) with 8,813 milese on it in stock configuration (except for GIAC controller with 91, race and stock programs) this past April when my RS came in, they gave me $105K. I tried to sell it with many quailty mods for 4 months in the $125K range and went as low as $118K on a counter offer. Ultimately I put it back to stock and took the dealers offer. Since all the parts were quality, they were easily sold and generated about $20K net of cost to return to stock.

So seems like a 2002 car with 9K miles at $95K is a very fair deal, and to be honest I would say is a great buy. To get a GT2 with low miles for that kind of money is unbelievable, they are awesome cars!

JCM
Supercup, what kind of mods did you have and what were you able to sell versus not sell? I have a 2002 (silver/black) with a little over 10k miles and am doing a lot of mods. I'm concerned about resale value if I ever need to sell the car. It seems $105k from a dealer trade-in isn't too bad, considering its the dealer. Thanks.
 
Old Dec 16, 2007 | 04:24 PM
  #26  
supercup's Avatar
Registered User
20 Year Member
Joined: Sep 2004
Posts: 671
From: Orange County
Rep Power: 48
supercup is infamous around these parts
Originally Posted by Shillens
Supercup, what kind of mods did you have and what were you able to sell versus not sell? I have a 2002 (silver/black) with a little over 10k miles and am doing a lot of mods. I'm concerned about resale value if I ever need to sell the car. It seems $105k from a dealer trade-in isn't too bad, considering its the dealer. Thanks.
$105K from the dealer was a very good offer considering the only action I got was from people looking to pay $100K - $110K with all the mods. Mods included carbon mirrors, carbon nose air outlet piece, 2004 GT2 wheels, Moton's, GMG roll bar (powdercoated grey to match car), Cup car steel brakes, 2 sets of pads and rotors, GIAC controller (stock, 91 and race programs), Europipe Stg II exhaust, Ruf pedals, 6 pt harness both seats (and related hardware), Porsche child seat with airbag deactivation kit installed, clear film, cover. I was offering the car for $125K with all mods and all stock parts included included brand new PCCB brakes and factory exhaust.

I left the GIAC in as it would not transfer and the carbon air outlet as it cost $300 and would net about zero to take it out. Everything else that came off the car was sold within 3-4 months at about 40% - 60% of the original price.

JCM
 
Old Dec 16, 2007 | 05:08 PM
  #27  
OhioGT2's Avatar
Registered User
Joined: Oct 2006
Posts: 1,423
From: Incline Village, NV
Rep Power: 199
OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !OhioGT2 Is a GOD !
95k is a fair deal for both parties. You might get $100k waiting for the right non 6speed buyer.

Re mods, the nicer the car (both condition and model) that is modded, the higher the discount rate.
 
Old Dec 16, 2007 | 05:10 PM
  #28  
JASCLASS's Avatar
Registered User
Joined: Jul 2003
Posts: 5,848
From: New York
Rep Power: 257
JASCLASS is infamous around these partsJASCLASS is infamous around these parts
Thats a steal.
 
Old Dec 16, 2007 | 05:22 PM
  #29  
vtgts300kw's Avatar
Registered User
Joined: May 2004
Posts: 2,298
From: Auckland, N.Z
Rep Power: 113
vtgts300kw is infamous around these parts
Thats a deal, thats a steal, thats the sale of the f%$king century.
 
Old Dec 17, 2007 | 12:18 PM
  #30  
Shillens's Avatar
Registered User
Joined: Nov 2007
Posts: 32
From: california
Rep Power: 20
Shillens is infamous around these parts
Originally Posted by supercup
$105K from the dealer was a very good offer considering the only action I got was from people looking to pay $100K - $110K with all the mods. Mods included carbon mirrors, carbon nose air outlet piece, 2004 GT2 wheels, Moton's, GMG roll bar (powdercoated grey to match car), Cup car steel brakes, 2 sets of pads and rotors, GIAC controller (stock, 91 and race programs), Europipe Stg II exhaust, Ruf pedals, 6 pt harness both seats (and related hardware), Porsche child seat with airbag deactivation kit installed, clear film, cover. I was offering the car for $125K with all mods and all stock parts included included brand new PCCB brakes and factory exhaust.

I left the GIAC in as it would not transfer and the carbon air outlet as it cost $300 and would net about zero to take it out. Everything else that came off the car was sold within 3-4 months at about 40% - 60% of the original price.

JCM
Wow, surprised no takers on your car with all those mods. I have similar mods and would want about $115k to $120k with the mods in place, but it sounds like it ain't happenin. The market is frustrating for GT2's. People just don't appreciate the car (especially with the expensive mods) and there just isn't a premium demand. Don't know if that will ever change. I should have left my car stock.
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 10:11 PM.