What is my 996 GT3 worth?
#16
Addict
Rennlist Member
Rennlist Member
OP you really need to provide more info on car, such as original build sheet and pictures. If it's a really a lean car I think this car can sell with a 8 handle on it. Prices have been going nowhere but up and there aren't a lot of good cars available. I agree with Scott that I prefer a clean 996.2 GT3 over a 997.1 GT3 any day.
Put together a great ad like you would need to for BAT and see what happens on RL first.
Chet
Put together a great ad like you would need to for BAT and see what happens on RL first.
Chet
#17
Three Wheelin'
I think you get more money for it if you take it back to stock. GLWS.
#18
Rennlist Member
Your car is worth $80k or above, but finding someone to give you that is the key.
Two summers ago, in the fervor of a 911T cars for $100 k or more, and early 930s selling for over $200k, I asked high $90s... A friend and colleague who knew the car well, offered $80k.
I just wasn't ready to sell for that price, as I felt then, and still feel today that the car is worth more. Eventually, I still believe that the market will get there...
I have encountered plenty of people who tell me that they are looking for a "nice" GT3.
They are usually all talk... they want that exceptional GT3, and there are a few of them still left. But they really don't want to pay above current market price for an average GT3.
Can't blame them. I would like that "great deal" on an outstanding Porsche whose value is underestimated by its owner. I believe that most GT3 owners understand their market well.
The GT3 simply holds more value for me than the market bears. I think I'll just drive her until the end.
So "two thumbs up" for asking over $80k.. Those prices won't go up until 6 GT3 owners start asking for more! Let the games begin!
#19
Burning Brakes
This is where I come out also. Once you get to $80K, you’re right against 997.1 GT3 prices, and at that price, most people are going to buy the 997. Nothing against the 996 but I think that’s the reality. Realistically, I think you’re looking at $65-$75.
#20
Rennlist Member
I think 65-70k could represent a fair deal if this car was not white (very desirable), hadn’t had its pipes pinned (avg cost around 4K, and let’s face it, this has to be done) and no other nice extras like roll bar, euro seats (3k),etc. might take the right buyer, like me, but I think there are folks out there that would jump on this car (if clean) in the 80 range, even though others might opt for a less cherry 7.1 at that price point. . There just aren’t many out there that tick those boxes, which means if you want one, you might have to wait a while for the right car to come around. At any given time in the US it seems like there are never more than 6-7 cars for sale (at least when I was looking)
#21
Rennlist Member
I have heard a few folks state that they would take a clean 996 gt3 over a 997 gt3. Two of them own 997.1 gt3s. I thought they were just being cordial, but maybe they weren't. I prefer the 996 gt3 because it has no nannies and the driving experience is somewhat more involving and I feel less insulated from the action than in the 997 gt3.
#22
Rennlist Member
I have heard a few folks state that they would take a clean 996 gt3 over a 997 gt3. Two of them own 997.1 gt3s. I thought they were just being cordial, but maybe they weren't. I prefer the 996 gt3 because it has no nannies and the driving experience is somewhat more involving and I feel less insulated from the action than in the 997 gt3.
But, and this is a big "but," the reality is that this hypothetical "equivalent" 7.1 gt3 isn't going to be very close in price to its 996 analogue. In my experience, its going to be 15-20k more (maybe a little less if you score a great deal), and then you have to weigh whether that price delta is really worth it to you, or if you are ok passing on the pristine 996 in favor of a slightly more "well used" 997 or one with some warts. In my case, the EQUIVALENT 997 wasn't worth the premium. I loved my 997, but I loved my 996 more, especially when the true price delta between equivalent cars was factored into the equation. I may be an outlier though, as I could care less about status or bling. And, everyone's situation is different. Value and overall bang for the buck is important to me because I have a bunch of cars I want to hold onto, and if I start down the slippery slope of chasing the next better generation, then I certainly would not be able to enjoy all the cars I currently have (which is basically the only reason I do not currently own a 997.2 gt3rs, my favorite GT3 iteration, as that would require at least a sale of my 6-speed manual rwd gallardo).
Oh, and if I'm totally honest, I feel like my 996 gt3 was quicker than my 997.1 in almost every metric (although my 997 was not heavily modified compared to my 996, and the 997 was heavier). In fact, I have roll-raced a very well-modified 997.2 gt3, and I'm telling you that at higher rpm pulls, my car was surprising close in performance (the 997.2 was admittedly much more flexible in terms of low-down torque, meaning that you didn't have to wind it out nearly as much to extract the performance, which makes it "feel" faster). After that race the owner of the 997.2 was so impressed he went out and bought a dedicated 996 gt3 track car based on the bang for the buck to performance analysis.
#23
Three Wheelin'
Do I hear buyer's remorse Scott?
How's the car? I'm sure you are treating her well and driving it more than me
How's the car? I'm sure you are treating her well and driving it more than me
#24
Rennlist Member
#25
Three Wheelin'
I will say: it is SO much easier and less painful to drive on the street. I don't feel like I'm losing money every time I drive it to work
#27
Rennlist Member
This car is worth $80+
Any 997.1 that's near that price won't be a very good example.
I have a 15k mile white 996 GT3, all original all stock. I wouldn't sell it for $100k, and I have a lot of other cars....
Any 997.1 that's near that price won't be a very good example.
I have a 15k mile white 996 GT3, all original all stock. I wouldn't sell it for $100k, and I have a lot of other cars....
#28
Rennlist Member