Ray, is the reduction to 1250 a confirmed number? It seems premature to shrink the original production number by 250, two years into the production run. Especially since it seems people are still ordering the car. I always thought that a reduction might be somewhere around 50 CGT's or so less. However, if the "250" is a true number, many current owners might reconsider selling their CGT's and the market will subsequently stabilize. Only question is where and when it'll stabilize. I still believe somewhere in the 200's (USD) for a high mileage 04, isn't unrealistic within one or maybe two years.

 

it is confirmed to 1250 & in fact no more production for US anymore. i believe most of the dealers got their last shipment of cars in due to 05 production run ends Aug in Germany. ur statement of ''people still ordering the car'' is not true. once the car fall to the right hand the resale value will be a question mark since it won't be for sale for a known time. the resale value will not bother me much since it's not for sale anytime soon.

 

Yes, it is absolutely confirmed.

I reported that it was confirmed via my face-to-face conversation with PCNA brass last March!

News travels so slowly these days

 

I think if you could afford to own both the F40 and the Carrera GT that would be the ticket. However if I had to choose one it would be the Carrera GT. It is much, newer and better technology than the F40 and will cost you a whole let less in service.

Will also destroy an F40 in performance.

 

FasteddieTT,
The 04 is the red one. I think it has about 200 miles on it. When I ordered it we believed it(2004) was the last year for the GT2. We were wrong obviously. When we learned you could order an 05 the GM promised to buy back my 04 at his cost which was about 185K. However he subsequently had a falling out with the dealership owner and when my 05 came in everyone else came down with a bad case of amnesia and forgot about the GMs promise. I either going to sell the 04 or sell some muscle cars?

Robert,
I don't have anything negative to say about Fletcher he was always a great guy. The sore subject stems from my fathers death, my other uncles death and the subsquent responsiblity and care for Dennis's mother, my grandmother. Family stuff is problematic.

 

i guess it was on ebay last month sometime. Any idea of what you want to sell teh car for?

 

no visual symbol of status and nicky no wanna!!!

and F's depreciate too when you drive them.

i depreciate them as 5 year equipment and they're worth ZERO then... if you remember that you'll be happy to get "resid" instead and you can just enjoy driving.

when to buy a great car is when you want it and when you can afford it!!!!! when to sell it is when you want something else..

 

Perfect, Watt!

 

thats why i dotn buy cgt i cant afford it..

buy it if u can and drive it like you stole it..
depreciation wont really matter as much if u drive your car and enjoy it..

 

I beleive pre2004 GT2's had the 5 spoke rims and then 2004 they came standard with the GT3 style rims.

 

Ya bought an '05 GT2 and you'll lose almost as much in depreciatian after a year than you will have lost buying a used CGT in the market's current upper 3's .

 

Has anyone looked at the used market for 959's over time? It seems that this would be a more direct comparison than the F40 since it was the last "exotic" that Porsche produced.

 

What happened to Mr ****,is he busy taking picts of his 05 GT 2

 

I don't know if any of the other four 2005 GT2s are for sale? But I have turned down 215K from a collector in Phoenix for mine. I don't plan on selling it so depreciation is not a factor. IMHO depreciation is only a consideration for a short term ownership experience. In most cases (certain Ferrari's may be the exception) EVERY new car must proceed through a deprication cycle. The CGT being no exception.

When a manufacturer like Porsche which builds about 70,000 cars a year produces 24 2004 GT2s and 5 2005 GT2s the prospective buyers for the GT2 are not generally driving enthusiasts but rather collectors. Their is no reason to pay a premium for an 04 0r 05 GT2 when a driving enthusiast can buy a 2002 or a 2003 GT2 for a substantial discount. The 02 and 03 GT2s are arguably the best performance value on the planet when criteria as build quality and fit and finish are considered.

Therefore I make sure I tell every prospective buyer of my 2004 GT2 that you can feel NO performance gain from the previous years and if your looking for a nice discounted value look for a nice low mile 2002 0r 2003 GT2.

Since the supply of 2004 GT2s is 24 and three have already been to the body shop, my opinion is that the demand is there and a collector or someone looking for a rare car that also performs with 477HP will be happy to pay a premium for the right to own a handbuilt Porsche of which only 24 exist in NA.

A similiar car is the 1997 993 series turbo S. 176 were delivered to NA and they have about 20 HP and some minor visual differences than the standard 993 turbo. I have owned both and again I tell everyone you can't feel or measure the extra HP. All you get with the 97 S is the right to own one of the 176.

This right is important mostly to collectors and not driving enthusiasts IMHO. A driving enthusiast is looking for the most performance value for his money a collector is primarily looking for rarity and exclusivity. IMHO The collector is looking to add a rare car to his or her collection and is concerned with different factors regarding a car then a driving enthusiast. One of 24 GT2s would appeal to a collector and not necessarily a driving enthusiast.

 

Wattster, you out did yourself with that statement.

I am in full agreement.