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

Will 997.2 GT3 depreciate after Cayman GT4 announced?

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Old Feb 26, 2015 | 07:22 PM
  #46  
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Originally Posted by ilko
That time is now:

2014 w. 2500 miles for $125K: http://rennlist.com/forums/showthread.php?t=860389
2014 w. 2500 miles for $132K: http://rennlist.com/forums/showthread.php?t=859490

Meanwhile here are a few low mileage 997-2 GT3s from Autotrader:

Gray w. 6K miles: $124,500
Black w. under 5K miles: $139,970 (and it's by the airport!)
Black w. under 2K miles: $128,500 (private party, track ready)
White w. under 2K miles: $159,995

Looks like asking prices for 2010-2011 GT3s are already higher than 2014 GT3s with similar mileage.

http://www.autotrader.com/cars-for-s...axMileage=8000

You guys keep talking about a bubble, but when that bubble pops, everything will go down. Remember 997-1 GT3RS cars going for $80-90K in 2009? I do. When there is a correction, everything will go down in price. Some more than others. Manual Mezgers less than PDK 9A1s.
Asking price does not equal sale price. Right now you can buy a used 991 GT3 for MSRP/sticker price which is great considering some dealers have a new one for sale. Also, if you look at the 125k car, it's a Canadian car in the states. I'm almost positive you can't register it here so 125k US converted to Canadian is at sticker or above. The other car sold at sticker price. These cars also are engine swaps.

As far as the .2 GT3s, no idea on them but they aren't sold so their listed price means little to nothing. For example, look at the RS listed at 225k. There is no way they will get that for the car.
 
Old Feb 26, 2015 | 07:50 PM
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As I indicated, the comparison was between asking prices. The Auto Gallery just sold a 997-2 GT3 for high 120s 5 days ago. It wasn't a particularly low mileage car either. So asking prices do matter.

Meanwhile you are seeing asking prices of 2014 GT3s dip into the low 130s and upper 120s.

RS is a different animal altogether. At this point they are not purchased to be driven any more.

What doesn't seem to matter in all of this is the announcement of the GT4. It has certainly not made a dent on prices of 997 GT cars.
 
Old Feb 26, 2015 | 08:13 PM
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Originally Posted by ilko
As I indicated, the comparison was between asking prices. The Auto Gallery just sold a 997-2 GT3 for high 120s 5 days ago. It wasn't a particularly low mileage car either. So asking prices do matter. Meanwhile you are seeing asking prices of 2014 GT3s dip into the low 130s and upper 120s. RS is a different animal altogether. At this point they are not purchased to be driven any more. What doesn't seem to matter in all of this is the announcement of the GT4. It has certainly not made a dent on prices of 997 GT cars.
Who knows. Those two examples are outside the box and don't represent the current market.
 
Old Feb 26, 2015 | 08:51 PM
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Originally Posted by ilko
As I indicated, the comparison was between asking prices. The Auto Gallery just sold a 997-2 GT3 for high 120s 5 days ago. It wasn't a particularly low mileage car either. So asking prices do matter.

Meanwhile you are seeing asking prices of 2014 GT3s dip into the low 130s and upper 120s.

RS is a different animal altogether. At this point they are not purchased to be driven any more.

What doesn't seem to matter in all of this is the announcement of the GT4. It has certainly not made a dent on prices of 997 GT cars.
The GT4 needs to actually be available before it has any impact on a market. Also, I don't get where you see 2014 GT3s for 120s. If they are, they are storied cars or branded titles since it's been shown time and time again that they sell at MSRP, new or used. As I mentioned before the 125k car you mention is more like 150k+ because it's a Canadian car and I'm 95% sure you can't register it in the USA without significant expenses in time, taxes, fees, and headaches.
 
Old Feb 26, 2015 | 11:06 PM
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Originally Posted by Nikolas
Who knows. Those two examples are outside the box and don't represent the current market.
I was probably one of the first to talk to autogallery, delivered to midwest they offered to me for 126.
 
Old Feb 27, 2015 | 10:01 AM
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Originally Posted by ilko
As I indicated, the comparison was between asking prices. The Auto Gallery just sold a 997-2 GT3 for high 120s 5 days ago. It wasn't a particularly low mileage car either. So asking prices do matter.

Meanwhile you are seeing asking prices of 2014 GT3s dip into the low 130s and upper 120s.

RS is a different animal altogether. At this point they are not purchased to be driven any more.

What doesn't seem to matter in all of this is the announcement of the GT4. It has certainly not made a dent on prices of 997 GT cars.

I would like to think it was a low mileage car... hahah but by the time im done with it, I don't think people will want it... I put 400 miles on her already!

Originally Posted by osu s2k
I was probably one of the first to talk to autogallery, delivered to midwest they offered to me for 126.

you should've got it bro!
 
Old Feb 27, 2015 | 10:24 AM
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The one for $132,000 is also a stripper being offered $2K below the MSRP. If there are no stories with the other one, snag it!
 
Old Feb 27, 2015 | 10:46 AM
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expense toys..

I never purchased my 07 RS for investment... In fact, Cars for investment are probably as good of odds as going to the tables.. Setting that aside I now find myself in the position whereas I have no desire to ring my GT3RS out on the Track with the risk involved..... I love driving it but I can't replace it any longer.. White RS with only 8K miles... Almost like finding a Unicorn now..

I am purchasing a Gt4... I think Porsche will limit the exclusivity of this car only by the amount of buyers forking over the money. I will not purchase new from Dealer.. I will purchase GT4 spring 2016 used... Kind of interested in that new little ALFA as well... Maybe even a Lotus.. Anyways, point being a track car for fun with lower operating cost and excellent performance.. IE GT4...

In the interim.. I will keep running track days in Miata, and my POS Fiat X1/9... Either of which if I destroy on track I won't loose any sleep over...
 
Old Feb 27, 2015 | 05:47 PM
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you should've got it bro![/QUOTE]
if i didnt pik up the gt2 few days before i d be all over it, nice car. To go from 155 msrp to 125 give or take seems like appropriate depreciation and very nicely equipped. Enjoy the ride!
 
Old Feb 28, 2015 | 10:28 AM
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Originally Posted by osu s2k
you should've got it bro!
if i didnt pik up the gt2 few days before i d be all over it, nice car. To go from 155 msrp to 125 give or take seems like appropriate depreciation and very nicely equipped. Enjoy the ride![/QUOTE]



oh wow! congrats on the GT2, enjoy it in best of health!
 
Old Aug 15, 2016 | 11:55 AM
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I am a motorsports enthusiast looking to break into Porsche ownership.

I had about 100-110k to spend. I had narrowed down to the 997.2 GT3 versus a pre-owned GT4. There were several GT4s in my price range from private sellers. Far less GT3s with equivalent mileage, and those that were offered for sale ranged anywhere from 119k to 140k.

I was able to jump on a higher mileage 997.2 GT3, which was maintained well by an established Prosche-phile. @109k offering, I felt this was still a good value.

My feeling foremost is this, drive what you want, not what you think values will be.

However, I went with the GT3 because it has been and will be my holy grail car. I know anything else, I'd would have still longed for it. Secondly, I came to the realization, there will always be more GT4s. But a manual, raw, visceral, race derived metzger? Not too many of those left...
 
Old Aug 26, 2016 | 04:33 PM
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Originally Posted by changster
Interesting.... ok.
ask yourself, why are you buying a .2 GT3 and not a GT4????
 
Old Oct 14, 2016 | 04:43 PM
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you made the right choice. in the past i have owned 997.1 gt3, 997.2 gt3, 991 turbo (daily) and was offered and test drove a gt4 fairly aggressively at freeway speeds.

it is a nice car but it is not in the same class as the 997 gt cars. for me the lack of torque was a deal breaker. i dislike any car you really have to wring the power out of, but that's just me.

having said that the fit and finish and engineering are clearly at 991 levels or even slightly beyond the base carrera -- if you are a boxster/cayman fan, no question it is the top of that heap and eclipses the bottom of the 911 range, and i think that alone makes it news-worthy.


Originally Posted by nle833
I am a motorsports enthusiast looking to break into Porsche ownership.

I had about 100-110k to spend. I had narrowed down to the 997.2 GT3 versus a pre-owned GT4. There were several GT4s in my price range from private sellers. Far less GT3s with equivalent mileage, and those that were offered for sale ranged anywhere from 119k to 140k.

I was able to jump on a higher mileage 997.2 GT3, which was maintained well by an established Prosche-phile. @109k offering, I felt this was still a good value.

My feeling foremost is this, drive what you want, not what you think values will be.

However, I went with the GT3 because it has been and will be my holy grail car. I know anything else, I'd would have still longed for it. Secondly, I came to the realization, there will always be more GT4s. But a manual, raw, visceral, race derived metzger? Not too many of those left...
 

Last edited by chiffonade; Oct 14, 2016 at 05:12 PM.
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