I'm starting the shopping process for a 2007 GT3. Those with more experience, or even better those who actually sold their cars recently - is KBB or Edmunds price an accurate representation of what these cars are going for? Specifically for these model Porsches? Those with more experience, is KBB accurate in general?

I've heard that KBB is actually on the high side. Sometimes 10-15% so.

I'm getting pricing that is all over the map and trying to get a baseline on what's fair.

Any insights would be awesome.

 

I've got a white one that I am thinking of parting with. I don't want to sell it but never get a chance to drive it so may as well go to another enthusiasts. Uber clean!

 

Based on what's been selling in the last 6 months $70-75K depending on transfer of warranty/Porsche certified, and the options. I believe the prices will slip further once the next gen GT3 hits the market. Within 2 years these will be $60-70K cars. That's where I think the prices will settle at. The 996GT3s have bottomed out in the $50s unless beat to death with tons of miles and tons of tracktime.

Mike

 

^good points. Auto markets do not necessariy price in a linear fashion. Prices on a limited production model as a GT3 will go sideways for a period of time; then step down. That's why resources like KBB or Edmunds offer little help during these periods-- like I believe we are seeing right now. Good luck with your search.

 

I think kbb is a lot closer to real world values than edmunds. At least for the gt3.

 

FWIW My searches don't find many lower mileage, (non-track toy) 07 GT3's under 80k asking price (cars.com, autotrader, porsche site- the usual ones). Most (including private, dealer, CPO) seem firmly into the 80's (even high 80's) and not a lot out there for sale. Narrow your requirements down by color preference, options, quality of ownership and previous uses,etc. and you can be looking for quite awhile just to find what you are looking for, let alone at a price in the 70's. I think the centerlocks debacle with the 2010+ model years and the new GT3 rumoured to be non-Mezger and PDK will only enhance the values of the gen. 1 GT3's in the short term. Still a great platform as is or mod it to a higher level if you like.

 

This looks great if white is on your list. Nice car!

 

Thanks^^ All original paint and body. Never tracked, Yet! RMS done. Clean and dry as a bone undercarriage, Pour in 9.5 qts of oil and that's what comes out on my 2,500 mile OCI's.

 

I've been shopping for an 07 GT3 too. Porsche dealers seem to be asking $80+ and non Porsche dealers are listing between $70-75. That's what I've been finding.

 

You guys want to focus on what they "sold" for. My 04 GT3 was listed originally at $62000. That was "asking price" last March. It sold in the $50s. There's a privately owned 2007 GT3 PCCB/Sunroof white version (Looks a LOT like RAudi Driver's) listed right now on Rennlist with relatively modest miles and he can't get anyone to come look at it at $75K. I mean, Hey, I'll be GLAD to tak $65K for my 6GT3 if someone wants to give me the money for it... Just not seeing anyone line up!



And it's been my personal experience that NADA has been closest on realistic price swing on the GT3 cars.

Mike

 

Figured that was the story. It's just hard to know what cars are actually selling for. Thanks, Mike.

 

When I've used the two for buying and selling I've found that one will usually give pretty accurate trade-in values and the other will usually give pretty accurate dealer/private purchase information. In the end the only thing that matters is that you, the buyer or seller, must decide whether the price you are presented with is fair - to you. If it is, make the deal. Otherwise......

All you can do is research prices on available vehicles and make your deal.

 

a newly CPO'ed 07 RS just sold for 85k - regular gt3's dont trade at prices in the 80's, doesn't stop people from asking though.