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

Price for 2007 GT3

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Old Mar 10, 2010 | 06:55 AM
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Price for 2007 GT3

Guys:

Need your opinion. I'm ready to pull the trigger on a new 2010 GT3. But before I do, I found one 2007, 3500 miles, GTSilver/Black, Nav, Adaptive Sport Seats, sound plus, not tracked, NO CPO, 1 owner.
They are asking $89,900. Seems like a really clean car. I'm thinking $85k is the right price to pay.

Agree?
 
Old Mar 10, 2010 | 08:08 AM
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Originally Posted by TriSilver
Guys:

Need your opinion. I'm ready to pull the trigger on a new 2010 GT3. But before I do, I found one 2007, 3500 miles, GTSilver/Black, Nav, Adaptive Sport Seats, sound plus, not tracked, NO CPO, 1 owner.
They are asking $89,900. Seems like a really clean car. I'm thinking $85k is the right price to pay.

Agree?
I have been following similar/exact on ebay. The ebay car I refer has been continually listed the last 2 months rarely bidding higher than mid 70's then re-listed almost immediately. Was told reserve at $89,000. There are many on ebay that are also constantly re-listed, rarely bidding higher than mid $70's. Conclusions, if any?
 
Old Mar 10, 2010 | 09:09 AM
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Although it is a buyers market with the economy situation, I personally think that any 07/08 GT3 under 10k miles selling for under 85k is a fire sale and the seller is desperate. Great for the buyer, bad for the GT3 resale market.

Hocklife apparently a lot of cars from private sellers that are on Ebay, the sellers believe their cars are worth much more than any 70k price and I would agree with this logic, this is my conclusion

TriSilver IMHO the 89k price is very fair because the car has no miles on it. But if the seller is desperate you can get a lower price as this is the case I see all the time with 07/08 GT3s.
What is happening with a lot of these cars is that a dealership will buy these low low mile cars add a CPO and try to get mid to upper 90s out of them or more. Does this car have Ceramic brakes? If so it is a clone of my car....

so ask yourself is a 07 GT3 with 3500 miles that is like almost new for 89k or a 10 GT3 that is +120k with zero miles and CPO worth +30k more to you? and look at the 3year depreciation with the 07 example......
 

Last edited by YoopsRacing; Mar 10, 2010 at 09:13 AM.
Old Mar 10, 2010 | 09:21 AM
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there is one local to our shop at the dealer that has no weird history for 89k certified. clean car. White/Black
 
Old Mar 10, 2010 | 10:20 AM
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Originally Posted by YoopsRacing
Although it is a buyers market with the economy situation, I personally think that any 07/08 GT3 under 10k miles selling for under 85k is a fire sale and the seller is desperate. Great for the buyer, bad for the GT3 resale market.

Hocklife apparently a lot of cars from private sellers that are on Ebay, the sellers believe their cars are worth much more than any 70k price and I would agree with this logic, this is my conclusion

TriSilver IMHO the 89k price is very fair because the car has no miles on it. But if the seller is desperate you can get a lower price as this is the case I see all the time with 07/08 GT3s.
What is happening with a lot of these cars is that a dealership will buy these low low mile cars add a CPO and try to get mid to upper 90s out of them or more. Does this car have Ceramic brakes? If so it is a clone of my car....

so ask yourself is a 07 GT3 with 3500 miles that is like almost new for 89k or a 10 GT3 that is +120k with zero miles and CPO worth +30k more to you? and look at the 3year depreciation with the 07 example......

$85-$90k is a good price for the above car, imo.

To the OP, consider that a 2010 is worth $18-20k more because of 3 model year ($6-7k per year) difference alone; again imo. Add in the improvements, which I consider countless (although in and of themselves minor refinements, but collectively quite an improvement) and you have my answer.
 
Old Mar 10, 2010 | 11:59 AM
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Without CPO I would pay $85k tops. Six months ago I bought my '07 GT3 with CPO and 10k miles for $82.5k and I'm sure more depreciation has set in since then. I've said it before and I'll say it again...it's a buyer's market out there.
 
Old Mar 10, 2010 | 10:33 PM
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$85k - damn! I feel like I really overpaid, but I love it, so who cares...
 
Old Mar 11, 2010 | 06:42 PM
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I too followed the '07 GT3 market closely (within the past few months). I think $85k would be as much as I'd pay for that car w/o CPO. $82K w/o CPO is probably a good deal.

I think CPO on an '07 GT3 is a good idea. Hit them up with $84K CPO'd and let them know that's a "no haggle" price

But really, if it's the car with everything you want, I'd rather spend a few extra $ than to save a few extra $ on a car with options that I wish I had.
 
Old Mar 13, 2010 | 07:52 AM
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2007 or 2010 GT3?

So.....if I can afford either, is the 2010 GT3 at $125k new that much better than the 2007 GT3 with 3,500 miles no CPO....similarly configured except 2010 has PCCBs. Is it worth the extra $$$???
 
Old Mar 13, 2010 | 02:29 PM
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Originally Posted by TriSilver
So.....if I can afford either, is the 2010 GT3 at $125k new that much better than the 2007 GT3 with 3,500 miles no CPO....similarly configured except 2010 has PCCBs. Is it worth the extra $$$???

That depends on your perspective. I think so, especially when you add for the model year delta as I mentioned above.
 
Old Mar 13, 2010 | 07:31 PM
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I was going through the same dilemma a few months ago. In the end I opted for a 2010 as all 2007s I was interested in (low mileage, Certified) had a price tag ranging from the upper 80s to the mid 90s. Apparently most dealers chose to hold the price firmly in anticipation to the Spring. A 4% discount and a very enticing trade-in on a 2010 GT3, which included the options I was looking for, did it for me.

Besides what has been said above by those suggesting going for a 2010, bear in mind that the supply of 2007/08 GT3s far exceeds the number of 2010 units exported to this country. That in itself should cushion the 2010 depreciation rate.

Best wishes on your decision.
 
Old Mar 15, 2010 | 06:46 PM
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I always beleive in buying a car thats 2 or 3 years used with low mileage , that way you can take a depreciation hit.
 
Old Mar 18, 2010 | 01:42 PM
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i'd go for the 2010...
i am not thinking of selling mine if/when i get it and i just want to do it right the first time rather than going for the value
 
Old Mar 18, 2010 | 08:21 PM
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Im curious if the 997.1 GT3's with the GT1 block would end up worth more in 10 years then the 997.2's kind of like 993's vs. 996's
 
Old Mar 19, 2010 | 09:24 AM
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Originally Posted by russian
Im curious if the 997.1 GT3's with the GT1 block would end up worth more in 10 years then the 997.2's kind of like 993's vs. 996's
997.2 also has GT1 block

Maybe the new one (whenever they come out in a couple of years) will be DFI and then yes, from 997.2 GT3 to back they will be seen as the 993 is seen today for being the last aircooled 911
 


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