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GT3 US production increased ???

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Old 06-16-2004 | 06:47 PM
  #16  
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Tough to tell if the GT3 will be worth anything in a few years.

Sure production is up a little higher, but 700 or 900 is probably too many for "classic status". I have no doubt that they will be more prized than standard 996's and will have migh greater value, but to ever be worth more than when new? Probably not. You would probably need something the 30-50 cars total made for this to be true. That said I agree that there are ALOT of track/Autocross guys just waiting the USED GT's (GT2 & GT3) Get into their price range!

Old 06-17-2004 | 11:02 AM
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I agree they'll never be worth more than new unless you take one brand new and put it in a bubble.

On the other hand, I do think they will hold their value much better than any other 996 as most of the cars will be tracked and driven hard. Let's face it, a lot of these cars are going to get wrecked. If experienced drivers are getting in trouble with them then the average and novice drivers are going to get into bigger trouble. I think a fair estimation would be that maybe 200-300 cars will either be wrecked or spanked pretty heavily on the race track within the next 10 years. There will also be cars that are used as daily drivers that will have over 100,000 miles on them in that time. These engines weren't built for longevity so those cars will be very devalued although probably good buys in the used car market.

All this only helps to raise the values of the approx. 400-500 remaining cars (from 900 estimated total) that some people will baby and drive on weekends and maybe take to a DE event once in a while.

*Disclaimer: I don't suggest babying a GT3 and I think they should be enjoyed in whatever manner the owner sees fit.
Old 06-17-2004 | 11:15 AM
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Here's an example of a perfect 100 point car that was put away in a bubble at 12,000miles.

1991 M3 original price $36,000
Approx 5100 cars produced 1988-1991
Valued today at $36,000-$40,000

There are worthy comparisons with the GT3. The M3 has reached cult car status and has a rich racing history (as the winningest touring car in history), It's a homologation special of somewhat limited production and many cars have been wrecked, turned into club race cars and/or driven into the ground.

Old 06-17-2004 | 11:22 AM
  #19  
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i have a new company idea. i'm going to start an "intervention" service. friends of an afflicted soul can pay to have one of my people come out to the afflicted's home and beat a clue into them with a baseball bat . this guy with the M3 should be one of the first customers

life is short. cars arent' investments. enjoy it!

very funny picture dude - made my day. thank you!

doody.
Old 06-17-2004 | 11:32 AM
  #20  
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Actually it's my car. See, I have a few others that get exercised so putting one away for posterity wasn't such a hardship.



P.S. Yes, the Black one is a genuine Sport Evo. That one is owned by a local buddy of mine.
Old 06-17-2004 | 12:58 PM
  #21  
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dude - you are in fact, clinically certifiable

gorgeous collection!
doody.
Old 06-17-2004 | 01:31 PM
  #22  
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I am going to need that black Evo from you.
Old 06-17-2004 | 02:20 PM
  #23  
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Sorry not for sale

BTW - that is only part of ringmeister's collection.

The Sport Evo has been kicked out and sent back to my parents with arrival of my GT3 on Saturday.

Chet

Last edited by CME; 04-05-2013 at 09:21 AM.
Old 06-17-2004 | 03:20 PM
  #24  
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I had one of those and sold it to a guy for $22k about 5 yrs ago, it had only 48k miles on it too.

What a mistake. I miss it dearly.
Old 06-29-2004 | 05:16 PM
  #25  
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just to follow up on this, and to get things back on track , can anyone confirm or shoot down this rumor of a 29% production increase?

doody.
Old 06-29-2004 | 05:46 PM
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I really don't think Porsche would want to make the GT3 less unique in such of way of increasing production to that large of an amount. Perhaps it's just a rumor. at least I hope... Not to worry, I'm sure all of your GT3s will hold their value firmly and will always be a great Porsche milestone

Andy
Old 06-29-2004 | 06:09 PM
  #27  
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oh yeah - lord knows they were so thoughtful to the 996TT owners

doody.
Old 06-29-2004 | 07:10 PM
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yet unforgiving to the GT2 owners as were they when some 25% have been lost so far....drive carefully folks and do your car a great favor!

Andy



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