The June edition of Automobile magazine contains an article which lists all the possible Porsche cars to be manufactured through 2009 no mention is made of a GT2. The article doesn't specifically mention the source of it's information but seems to imply it came from Porsche CEO Wiedeking?

I have been previously told by a zone rep and Porsche engineer that Porsche has no plans for any more GT 2s. Makes you wonder if we have seen the last of the high HP Porsche cars without driver aids and AWD?

 

yeah, i doubt it. few, if any, pcars have experienced the rapid depreciation and difficult sales time the GT2 did in the US. fwiw, perceived value was always at odds with price owing to it being a "less than" type car (ie: no AWD, rear seats, PSM, etc) with a higher price. unlike say the stradale over the 360, there were no special materials used to justify the increased cost (save for maybe the #hitty PCCBs) for offering less. imo, the market punished porsche for it's pricing relative to value and unless they're willing to sell the next one for a lot smaller delta to the TT, it probably isn't a good product to continue for NA. afterall, the GT2 is just a heavier, turbo charged version (with only another 15% or so of power that cuts off well before that of the 8300 RPM on a GT3) of the GT3 but with a softer suspension. is that worth double the price of the GT3?

 

is it from either Top Gear or Car magazine?

2005
C4 and C4S

2006
Cayenne Facelift
997 GT3
997 Turbo


etc etc?

 

It's a bad *** car and I think they've made enough of them

I got mine

 

The name of the magazine is Automobile it's at newstands everywhere.

 

Americans just don't understand the GT2. Oh well, at least they are starting to go in the right hands. Depreciation is already beginning to stabilize and frankly, your Carrera GT is no better when it comes to that and over the long term it may end up worse. That does not mean it is not a fantastic car. It just means that most people aren't real drivers, and therefore the demand curve favors bling machines like Ferraris.

Ben, as an owner of both GT2 and 3, it's not hard to figure out which one I would keep if I could only have one. The Stradale is a nice car, but it still ain't a GT2.

 

Tyson: since there wont be any GT2, it should keep the price of your GT2 relatively higher...

 

i think the relative market values of the GT2 and GT3 are more relevant for comparison purposes than is the CGT and GT2/GT3 since the CGT is a couple times more pricey and has few comparables - especially inside the pcar family. i think comparing % losses on a GT2 and GT3 (both enthusiast models) is more useful even if the GT2 is "only" twice the price of the GT3. the market adjustment of the twice part seems appropriate to me. at least with the stradale, you received something extra for your money over the modena. i'm not sure that can be said for the GT2 over the TT. ferrari didn't just take out the back seats, fractionally bump up the power, remove the all wheel drive, put on ceramics, and bump up the price 50%. they lightened the stradale in a more value creating way than porsche - using more exotic materials (titanium, ceramic, and carbon fiber) to lighten the car and make the structure more rigid which made it more receptive to the suspension improvements as well. they could have just taken a modena and stripped it out (though it doesn't have the AWD and PSM stuff porsche removed), slapped some ceramics on it and bumped up the price 50%+ like porsche did.

maybe the market is adjusting an overpriced CGT down at the moment too. it's down to the high $300s which i guess is like saying the market sees it as being 3X the car a GT2 is (based on market value difference), and i'd probably agree with that. the market seems to be saying the GT2 is about 20% to 30% better than a GT3. while i don't agree that the GT2 is worth more or is any better than a GT3, the 20% to 30% market diff sure makes alot more sense to me than the nearly 100% delta porsche rolled the car out to the public with.

 

Why the anger? Facts are facts. No doubt the GT2 is an excellent performing car but from a financial and marketing standpoint is a disaster.

Your right, American's have no interest in a car like the GT2 especially at that price point. Keep in mind, if performance is the main consideration (and from what I can tell that is all the GT2 has to offer) there are several cars at half the price or even less which can be moded to perform as well if not better.

 

there is no way to legitimate Porsche's pricing of the GT2 from what they deleted from the standard turbo, however it is a niche car. It's not a sunroof, premium stereo car, and if that's what you want, you need to look elsewhere. The list of changes is much more comprehensive than "seat delete", but even with those unlisted changes it still doesn't support the msrp. it's great for what it is, pricing was just wrong.

 

this is true, but the changes over the TT are primarily a list of "deletes" which is the problem with the pricing. there were very little, if any, "adds" except for the price. one could start with a TTS (simply to get the ceramics) w/the sunroof delete, and rip out all porsche did to make the GT2 for $50K+ less.

 

Ben, you should know better than that. The suspension kinematics on a GT2 are completely different from a TTS.

I know that you prefer the GT3 over the GT2. That being said, it doesn't seem like you've had much seat time in the latter. If you are a good driver and can handle the boost, one will generally be faster in a GT2. People have discussed this issue ad nauseum, but 2's are harder to drive but it is a faster car, period.

As far as pricing on the CGT it is too early to tell what the fate of that car will be. GT2's held their value pretty well in the first year of introduction, then they started to drop and have now pretty much stabilized. CGT's have dropped shortly after introduction, while its peers the SLR and Enzo are still going for stratospheric numbers. I predict that within 2 years, CGT's will be in the 200 range, as some cars with some miles on them are already going in the low to mid 300's. In fact, there are a few CGT's for under $400K with very low miles that are just sitting there. But again, this has very little to do with value or how awesome the car is. The way I see it, the CGT will be as great of a bargain as a GT2 in its own right for a while before they stabilize and perhaps appreciate in the future.

As I said once before, even if I did get a CGT, I would NOT get rid of the GT2. I would however, be happy to sell the GT3 at that point. Two very different cars. I don't see how you can knock the GT2 until you have driven one hard and for an extended period.

One thing that is also worth mentioning is that you cannot simply say that the GT2 is only worth 20-30% more. You are talking about 2002 model cars, when the GT3 started as an '04 model. If you compare '04 GT2 to '04 GT3, I think you will see at least a 55-60% pricing premium. Another thing to note is that if you buy a brand new GT3 with PCCB, extended leather, and other things that a GT2 comes with standard, then the real MSRP price point is more like $120K+. So really it's more like a 60% premium, not 100%. Ergo as you can see the pricing delta is maintained even in the secondary market.

I don't know what kind of problems you are having with PCCB, but I would hardly consider them ****ty. I actually like them, and if you change pads often, rotor life should not really be much of an issue.

@ NBerry-- there is no anger here. I love my GT2 and frankly it doesn't matter to me what resale really is because I plan to keep mine for a long time. You talk about modded cars being able to outperform a GT2 for less money. I don't know exactly which cars you are referring to, but that really is not a pertinent issue. Under that premise, Ferraris are the worst value proposition ever. Can GT2's not also be modded? Ever seen Alzen Motorsport's TT, which is basically a modded GT2? Sure beats that ugly, SLOW piece of **** Novitec 360, doesn't it?

In any case, I'd rather have a GT2 over a Ferrari 360 CS any day. Different strokes for different folks.

 

there's no question the GT2 was over-priced in the first place. the used car market reflect that well & frankly it will probably happen to the CGT as well.

Tyson,
i regret selling the GT2 but not the one i sold. u know how **** i'm if i want one it's gonna be in perfect condition. i could buy a 05 GT2 a month ago but i'm not willing to pay anywhere close to MSRP then i decided to pull the trigger on the CGT.

 

Arling, no need to buy a GT2 when there is a black one sitting in your showroom all the time!

BTW, are we doing BBQ today for Kirby?

 

It would be interesting if you could take an X50, change the dam (cooling vent) and tail, suspension, add trans cooler, change the syncros, change the suspension, PCCB and put on HEAVIER wheels (what was that all about?), etc and have $50k difference. I don't think you can. Also, once you've done that, compare values in 10 years. I maintain that GT2s will rebound, modified turbos won't realize much more than their stock counterparts. The '74 Carrera is a good example. Many fewer mods than a GT2, mostly cosmetic, and worth considerably more than a stock 911.