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

Depreciation difference between a 2010 997.2 GT3 and TT

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Old 07-31-2013, 05:30 PM
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Depreciation difference between a 2010 997.2 GT3 and TT

I know that typically GT3's hold their value pretty well especially compared to TT's. Currently 2010 997.2 GT3's and TT's are hovering in the 100k range. Where do you see the value of both of these cars 3 years from now? I don't think either car will dip below 80k 3 years from now. Am I being too optimistic with the tt?
 
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Old 07-31-2013, 05:40 PM
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7.2GT3 will always have 7.1GT3 and 6GT3 below it, so it probably will not go below 70-75 in 3 years.
7TT only have 6TT below it. I'm afraid some high mileage 7TT will go below 50.
 
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Old 07-31-2013, 07:52 PM
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I sold my 2010 for $125k earlier this year.....
 
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Old 08-01-2013, 10:33 AM
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Originally Posted by Targa Tim
7.2GT3 will always have 7.1GT3 and 6GT3 below it, so it probably will not go below 70-75 in 3 years.
7TT only have 6TT below it. I'm afraid some high mileage 7TT will go below 50.
Thanks for the input. I think the 7.2TT will always hold more value than a 7.1TT. I do agree that the 7.1TT prices are starting to sink into the 60-70k range. The only one I saw in the 55k range is a multiple owner, high mileage, unpopular color, with accident. A lower mileage 7.1TT are holding in the 70k range for now.

I think all the 7.2's will see a strong drop in the next 2 years with the 991 variants coming out but then settle after that.
 
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Old 06-12-2015, 11:14 PM
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I like this topic. I'm about to pick up a 997.2 2011 TT. Should I get the 997 gt3 instead? I definitely don't want to be losing my shirt on trading in the car when I get rid of it and I do get rid of my cars after 2 or 3 years. I usually only tack on 6500 miles total over that time. I am buying in the 90k to 100k range with about 20,000 MIles on it or lower. What do you guys think I should do?
 
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Old 06-13-2015, 04:49 AM
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Originally Posted by ageff91
I like this topic. I'm about to pick up a 997.2 2011 TT. Should I get the 997 gt3 instead? I definitely don't want to be losing my shirt on trading in the car when I get rid of it and I do get rid of my cars after 2 or 3 years. I usually only tack on 6500 miles total over that time. I am buying in the 90k to 100k range with about 20,000 MIles on it or lower. What do you guys think I should do?
Supply and demand. GT3. Although the GT3 may be at the top of its market but there is no guarantee the TT will start to appreciate. JMHO
 
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Old 06-13-2015, 05:25 AM
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Originally Posted by agentf1
Supply and demand. GT3. Although the GT3 may be at the top of its market but there is no guarantee the TT will start to appreciate. JMHO
Based on my research and I can be totally wrong about this. There were a lot more turbo's produced than gt3's. I'm sure that is a playing factor here. I definitely don't want to be losing my shirt in 2 years when I decide to walk away from the car. How much of a hit on the selling price would I be taking if I mod the turbo to 625 hp? I don't plan on tracking the car ever. Just adding exhaust and a tune.
 
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Old 06-13-2015, 07:41 AM
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Production numbers generally correlate to depreciation (or lack thereof) in the world of Porsches, meaning the rarer cars tend to depreciate less. I studied all 911 models based on build numbers/rarity with the help of Total 911 Magazine and this proved to be a pretty solid predictor of future resale value. So, when looking for cars that depreciate less than others, that is how I'd guide that decision if it's a big deal to you. Good luck!
 
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Old 06-13-2015, 11:11 AM
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Originally Posted by sshu930
I know that typically GT3's hold their value pretty well especially compared to TT's. Currently 2010 997.2 GT3's and TT's are hovering in the 100k range. Where do you see the value of both of these cars 3 years from now? I don't think either car will dip below 80k 3 years from now. Am I being too optimistic with the tt?
Your thread is interesting because you are comparing the .2 GT3 which we know is the last mezger 6speed variant to a 2010 TT with launch control which is quite a piece of machinery for $100K. As a person who owns 4 Porsches including a .2 GT3 and who also likes to buy cars every couple years, I have a few observations.

> the entire GT3 market conversation begins with a few problems namely the scarcity of supply as we know they only shipped 657 GT3 .2 cars to the USA. So there's that. A quick scan on autotrader results in 24 for sale right now by mainly dealers and their asking prices are >$120K. Autotrader shows two cheaper cars listed but they are CarFax-accident-story-cars.
> If you're looking to buy it's definitely got to be a bit annoying to look thru ads by dealers for a GT3 .2 with asking prices of $125K. However, here's my analogy: People remark all the time how crazy real estate prices are in Manhattan for example a 1200sq apartment for $1.7M or in the SF Bay Area a small post war home for $1.5M - but for those people who are buying and selling homes they DONT care with others think; they are participating in that market.
> Lets keep it real now; we are living in the post 2008-09 Great Recession World where asset prices are at record highs. This is probably adding fuel to the fire into the strong GT3 .1 and .2 market; after all what's a hundred grand or so to a person with assets who doesn't want to be left out of this zesty Porsche market we are enjoying? We all can witness what's happening to the air cooled 993's and now the 1974-1977 bumper-car 911's!
> For me and my .2 GT3, today's market has put me into a bit of a corner. I purchased mine two years ago for $95K with 12K miles. I bought it to keep and enjoy and drive. For a guy that would like to buy more cars it's got me grounded and that's probably a good thing. Do I REALLY need a 991 GT3? No is my answer now.
> So, now back to your question. If you're looking to catch a .2 GT3; you're going to need as Roy Schneider famously said in the movie JAWS, "a bigger boat". You're going to need more money. I mean more than $100K; or whatever a 2010 TT is going for.
> All this babbling I've done-- allow me to say I think a 2010 TT is a lot of car for $100K. A lot of car. What will it be worth in three years? Probably $80K is my guess. Spending $20k over three years sound cheap to me.

Good luck! Kindly let us know what you choose?
 
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