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

CGT price discrepancy

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Old Apr 23, 2010 | 05:29 AM
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CGT price discrepancy

I was checking in on the CGT listings to see what the ask is, these days. I checked Dupont and was surprised to see the big delta in pricing. There are three 04s listed, ranging from $265K to $429K.

http://www.dupontregistry.com/autos/...e=Carrera%20GT


Is anyone here familiar with these cars? Could you explain what the reason behind the spread could be? Are there any stories to the red one and the GT silver e.g offered by Park Place?

TIA

-Peter Oh
 

Last edited by techart 996 #3; Apr 23, 2010 at 09:50 AM.
Old Apr 23, 2010 | 02:01 PM
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shouldn't be surprising, it's an extremely rare car with highly subjective value.
 
Old Apr 24, 2010 | 04:59 PM
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There is a good amount of them that have an accident history. I was checking out prices also. Be careful with your search. Don't buy sight unseen. Do NOT trust carfax.
 
Old Apr 24, 2010 | 09:04 PM
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realists and dreamers explains the discrepency
anyone know of a cgt that sold for more than $350k since Obama took over?
 
Old Apr 24, 2010 | 09:53 PM
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A dealer here has one that I think that they have had for over a year. They don't post what they are asking for it so no idea on price on it.

Tonny
 
Old Apr 27, 2010 | 04:44 AM
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Thanks for all your replys.

Unfortunately, I'm not in a position to buy a CGT, but I enjoy following the market.

As far as the CGT being extremely rare, I'd have to disagree. At >1200 e.gs, I don't think the car would be classified as rare, certainly not extremely rare. Cars produced in the double or low triple digits, I'd agree are extremely rare.

I do however agree that sales values are highly subjective. That seems to be a likely reason for the price spread ($265K-$429K).

Surely there must be someone reading this post that is familiar with the Park Place CGT. With such low miles, could it be that the car already has acquired a story or two, or is it simply priced according to the market?

-Peter Oh
 
Old Apr 27, 2010 | 12:33 PM
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maybe one is clean and the other is salvaged title. ha.
 
Old Apr 27, 2010 | 12:43 PM
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I would also consider "maintenance/IE: Clutch life" into the resale factor - $20K for a clutch on a hard driven car would alter resale heavily.
 
Old Apr 27, 2010 | 02:32 PM
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Originally Posted by techart 996 #3
As far as the CGT being extremely rare, I'd have to disagree. At >1200 e.gs, I don't think the car would be classified as rare, certainly not extremely rare. Cars produced in the double or low triple digits, I'd agree are extremely rare.
Only 600 US spec cars. You are right, not "extremely" rare, but certainly rare enough.
 
Old Apr 27, 2010 | 03:05 PM
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I pulled a carfax on the Red one at $265 and the car has had an accident - that may be a good indicator of why that one is priced so low.
 
Old Apr 27, 2010 | 04:44 PM
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Thanks all for your replys. I agree that maintenance issues could swing the car a few $10K in either direction. However, the Park Place ad states that all maintenance is up to date. Perhaps this (~$300K) is where the market is for an 04?

-Peter Oh
 
Old Apr 27, 2010 | 05:21 PM
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Originally Posted by techart 996 #3
Thanks all for your replys. I agree that maintenance issues could swing the car a few $10K in either direction. However, the Park Place ad states that all maintenance is up to date. Perhaps this (~$300K) is where the market is for an 04?

-Peter Oh


If your talking about the car at Park Place is WA it had $100k in repairs from a accident, which can be a couple panles on a CGT. A good number of these cars are wrecked and that's why the prices are all over the map.I know a couple pristine exapmples that recently sold in the 350-360 range with under 5k.
 
Old Apr 27, 2010 | 07:22 PM
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Originally Posted by porschenutt
If your talking about the car at Park Place is WA it had $100k in repairs from a accident, which can be a couple panles on a CGT. A good number of these cars are wrecked and that's why the prices are all over the map.I know a couple pristine exapmples that recently sold in the 350-360 range with under 5k.
Funny, Park Place says this is one of the best examples and that it has been pampered. It also comes with a clean car fax. Thanks for the information.

-Peter Oh
 

Last edited by techart 996 #3; Apr 27, 2010 at 07:31 PM.
Old Apr 28, 2010 | 10:32 PM
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Originally Posted by techart 996 #3
Funny, Park Place says this is one of the best examples and that it has been pampered. It also comes with a clean car fax. Thanks for the information.

-Peter Oh


Carfax means nothing. So many innacurate reports. My SL55 shows accident, and after a thorough inspection at MBZ we found it has never even been painted on! On the other hand, My CLS63 which was in a pretty good accident, both fenders were replaced, has a perfectly clean carfax! Those reports are garbage and a rip-off imo.
 
Old Apr 29, 2010 | 04:43 PM
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use autocheck as well...
 


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