GT2
Pro
Joined: Nov 2012
Posts: 666
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From: The Motor City
GT2 market
Higher mileage cars (which in this case means above 30/35,000kms) and/or with non-original paintwork, you might find in the €800,000 range if you're lucky. Work up from there, with really low mileage cars that are all original trading quickly and quietly off-market from €1.2M and way up (you can easily get to €2M for the very best).
Prices referenced in Euro's as so few are in the U.S.
Remember, only a total of 193 Strassenversions (street) built between 1996-98. Certainly one of the rarest and most desirable Porsches ever and when viewed through the lens of their contemporaries from Ferrari and others, likely significantly undervalued still.
Prices referenced in Euro's as so few are in the U.S.
Remember, only a total of 193 Strassenversions (street) built between 1996-98. Certainly one of the rarest and most desirable Porsches ever and when viewed through the lens of their contemporaries from Ferrari and others, likely significantly undervalued still.
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Joined: May 2007
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Secretcollector, my understanding is there were 193 total 993 GT2s built, 57 of which were the Strasse or Road versions, and of the 57, 7 were RHD Strasses.
The 57 number helps explain the pricing trend - very difficult car to find.
The 57 number helps explain the pricing trend - very difficult car to find.
Pro
Joined: Nov 2012
Posts: 666
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From: The Motor City
While I, too, have seen 57 published, that is incorrect. There were 148 LHD and 25 RHD built during the initial production run (96-97 Vin's). There were a further 20 LHD only so-called "Evo's" built with 98 Vin's (these had higher horsepower amongst other tweaks) for a total of 193, plus a final 98 that was built for, and kept by, the Porsche family.
All of these were Strassenversion or street spec, cars. Race cars are in addition to this number.
All of these were Strassenversion or street spec, cars. Race cars are in addition to this number.
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From: UK
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Thread Starter
Pro
Joined: Apr 2002
Posts: 593
Likes: 203
From: NY
It can be VERY difficult to get Thomas to actually sell a car. It is interesting what Schmitz DOES NOT say about the EVO car. No information on history, original paint, matching numbers, accidents. In the descriptions of other cars, he is much more forthcoming about these things. German GT2s in particular (even the strasse cars) were often seriously raced, hill-climbed, etc and many were crashed and rebuilt. Schmitz has an excellent reputation but it is often very important to read for what is not said. See this month's SCM article about buying at auctions and how to read an auction description.
Pro
Joined: Nov 2012
Posts: 666
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From: The Motor City
Thomas Schmitz
It can be VERY difficult to get Thomas to actually sell a car. It is interesting what Schmitz DOES NOT say about the EVO car. No information on history, original paint, matching numbers, accidents. In the descriptions of other cars, he is much more forthcoming about these things. German GT2s in particular (even the strasse cars) were often seriously raced, hill-climbed, etc and many were crashed and rebuilt. Schmitz has an excellent reputation but it is often very important to read for what is not said. See this month's SCM article about buying at auctions and how to read an auction description.
I have never needed to read between the lines with him or look for what is not said, just the opposite in that his level of disclosure is so far beyond most other dealers.
If anyone here is wanting to buy a car from him and is having problems along the lines described above, I'm happy to make an introduction as I know him well. Just send me an email or PM.
Burning Brakes
Joined: Mar 2015
Posts: 862
Likes: 1,186
From: Switzerland
MY1998 GT
If I may bring a little piece of information to the discussion, I have one of the 1998 GT2.
My car has a very peculiar story and I purchased it from a Porsche employee (still working at PAG today).
With the car I got copy of an internal PAG production document with all the production numbers (not the VIN) of the 20 + 1 993 GT of model year 1998.
Actually only 20 received a VIN and were sold to customers ... mine is the 21st production number: 148 1***.
I still use it as it was intended to and track it from time to time.
Engine is non-stock by RS Tuning. Front and back spoiler are original EVO from Porsche Motorsport.
A couple of pictures; hope you will like them ... not a garage queen, for a change!
My car has a very peculiar story and I purchased it from a Porsche employee (still working at PAG today).
With the car I got copy of an internal PAG production document with all the production numbers (not the VIN) of the 20 + 1 993 GT of model year 1998.
Actually only 20 received a VIN and were sold to customers ... mine is the 21st production number: 148 1***.
I still use it as it was intended to and track it from time to time.
Engine is non-stock by RS Tuning. Front and back spoiler are original EVO from Porsche Motorsport.
A couple of pictures; hope you will like them ... not a garage queen, for a change!
Thread Starter
Pro
Joined: Apr 2002
Posts: 593
Likes: 203
From: NY
Comments about Thomas Schmitz were in no way intended to impugn his integrity - he is indeed well-regarded and knowledgeable. I am, however, not alone in finding him difficult to reach and reluctant to respond. It is also somewhat ambiguous as to whether cars are for sale or a part of his collection (the EVO car is under cars for sale but noted as part of tjs collection). Other well-known dealers list cars as part of their private collection yet accept offers to buy them - just another tier of pricing. I think one should ALWAYS read any car description for what is NOT SAID as well as what is stated. Reading Thomas's descriptions he is very forthcoming about all 'first paint' or the car's history, so when those terms are missing, caution suggests that those characteristics do not apply.
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From: Flyoverland - Central, Ohio
