Why is everybody selling their GT3's
07-07-2005, 05:23 PM
#16
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I'm planning on keeping mine for a long time - unless I can't swing a used Cup car and the GT3 at the same time (my plan).
I want to race and it would be painful to take the GT3 from the track car condition to a race car condition and even if I did it probably wouldn't be competitive anyway.
Ideally within 6 months I'll have a used Cup car. If not I might start to modify the GT3 for performance (it's still stock except for safety equipment) - similar to what Phillip has done (nose, wing, exhaust, brakes, suspension) move up a class and keep time trialing.
We'll see. To me the 996 GT3 is so special that I would prefer to keep it a long, long time.
-Kevin
I want to race and it would be painful to take the GT3 from the track car condition to a race car condition and even if I did it probably wouldn't be competitive anyway.
Ideally within 6 months I'll have a used Cup car. If not I might start to modify the GT3 for performance (it's still stock except for safety equipment) - similar to what Phillip has done (nose, wing, exhaust, brakes, suspension) move up a class and keep time trialing.
We'll see. To me the 996 GT3 is so special that I would prefer to keep it a long, long time.
-Kevin
07-07-2005, 05:24 PM
#17
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Originally Posted by Mr. C4
I think many people incl. non 996 & 996 owners would disagree with you, the 997 is a clear step backward design wise but this has been discussed to boredom so let's not go there again!
07-07-2005, 05:28 PM
#18
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i have to chose between the Strad and the 3 and right now i'm choosing to keep the strad. which is logically strange since the 3 performs equally for literally 1/2 the price at my sell price.
07-07-2005, 06:26 PM
#20
I've had mine for 18mounths and its been great, thats the longest ive had a car in years. i bought the 2 a year ago and was going to sell the 3 then but i liked the car so much it took me another year to decide. What put me over the top was getting close to the top of the list on a ford GT. I just dont need 4 cars and the 3 is easer to sell than the 2. I'm giving the car away, paid 122 out the door taking a $39k hit for 12,000 miles $3.07 per mile. I could play it out for another $5k but dont have the time to screw with it. The dealer will give me close to the same money but rather not have them make another $7k on me. As they say thats show biz or as my past shows buy high sell low. By the way I'm not interested in the 997GT3 I think the current version will be the most pure and a keeper. I feel the same way about the GT2 which I am keeping. I'm a sucker for tourqe!! carl
07-07-2005, 06:49 PM
#21
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Look the 04 and 05 GT3's were released to America after at least five years of development. If you don't think racing development is important, look at what a piece of **** the Ford GT is turning out to be. Great idea, but they did NO development work on it.
For those who don't know, Porsche is having a lot of problems with its 997 Cup cars(compared to the 996), there are many changes from the 996. I'm sure they will work it out, but it will take a few years till the 997 is as good as the 996 is from a relibility stand point. If you buy a 997 GT3, wait at least a year.
Imagine all those people who sold their 1973 RS's for the next best thing. Sometime it doesn't come for 30 years!
For those who don't know, Porsche is having a lot of problems with its 997 Cup cars(compared to the 996), there are many changes from the 996. I'm sure they will work it out, but it will take a few years till the 997 is as good as the 996 is from a relibility stand point. If you buy a 997 GT3, wait at least a year.
Imagine all those people who sold their 1973 RS's for the next best thing. Sometime it doesn't come for 30 years!
07-07-2005, 07:12 PM
#22
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[COLOR=Navy]Imagine all those people who sold their 1973 RS's for the next best thing. Sometime it doesn't come for 30 years!
Maybe the most astute observation I have ever read in a forum post!
Maybe the most astute observation I have ever read in a forum post!
07-07-2005, 07:13 PM
#23
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Originally Posted by vegasgolf98
Look the 04 and 05 GT3's were released to America after at least five years of development. If you don't think racing development is important, look at what a piece of **** the Ford GT is turning out to be. Great idea, but they did NO development work on it.
For those who don't know, Porsche is having a lot of problems with its 997 Cup cars(compared to the 996), there are many changes from the 996. I'm sure they will work it out, but it will take a few years till the 997 is as good as the 996 is from a relibility stand point. If you buy a 997 GT3, wait at least a year.
Imagine all those people who sold their 1973 RS's for the next best thing. Sometime it doesn't come for 30 years!
For those who don't know, Porsche is having a lot of problems with its 997 Cup cars(compared to the 996), there are many changes from the 996. I'm sure they will work it out, but it will take a few years till the 997 is as good as the 996 is from a relibility stand point. If you buy a 997 GT3, wait at least a year.
Imagine all those people who sold their 1973 RS's for the next best thing. Sometime it doesn't come for 30 years!
Excellent point. For me, I'd love the 997GT3,..personaly I like the looks better. I bought my car used with 2700 miles on it for 87k this past feb. I love the car, its the best 911 I have ever owned. If the 997 does turn out to be better, my guess is it will be in the second or third years of sales.
But for the next coupe or three years, this is my baby. And if all goes well, even if I upgrade. I'll keep this car. What a blast it is.
07-10-2005, 01:41 AM
#25
I was surprised to see the topic of this thread and, having re-checked the market for myself, I believe the premise is utterly invalid.
I don't see a remarkably large number of GT3's on the market. The price has come off MSRP for new cars and the secondary market is still firm and shows nowhere near the depreciation of "every day" Porsches, especially comparable specification Carreras, Turbos or GT2's.
I don't expect to see the GT3 market change complexion until Porsche releases preliminary details of the 997 GT3.
Ferrari has seen renewed interest in the 360 driven by the introduction of the 430. Going from a claimed 400 to 490hp, the 430 raises the bar for the next GT3. Can Mr Porsche put close to 500hp in the GT3? I don't expect so.
As a data point, I put several GT3's on a dyno and they all consistently turned 400hp (over 320hp to the ground) matching the power of a Ferrari 360 on the same dyno and turning more torque. I'd expect the next GT3 to be around 440hp claimed and deliver closer to 460 in order to stay in competition with the 430.
Sadly, I'd also expect the price to run away. The idea of keeping the next GT3 at US$100K just doesn't seem to work. I hope it doesn't go over $120K. In any case, I'm confident in expecting the announcement of preliminary details of the next GT3 will renew interest in the current car and remind the market of just what unbeatable value Porsche brought to bear with the 996 based GT3 MkII.
As for the Ford GT being a bad car, that's just nonsense. It has some teething problems in production and one or two idiots like Clarkson who thought they bought a mid-production Toyota Camry in terms of reliability. If we denounce the Ford GT for quality troubles, what does that make the first run of Boxsters or the first Cayennes or the seemingly permanent failure of the RMS in the current Carrera engine which Mr Porsche has seen fit to carry forward in the 997? And what about the Carrera GT that didn't even make it to customer garages without Porsche deciding to change the fuel system etc.? Come on! The Ford GT has only one severe shortcoming ... it is ... sadly ... a Ford. :| ... personally, when the bottom falls out of the market next year, I'll happily pick one up around US$100K and play with it on the track in a way that I could never let loose with a US$400K Carrera GT or the Murcielago with their $20K carbon fibre body panels ... and when I'm done, I'll get rid of it still under warranty
I don't see a remarkably large number of GT3's on the market. The price has come off MSRP for new cars and the secondary market is still firm and shows nowhere near the depreciation of "every day" Porsches, especially comparable specification Carreras, Turbos or GT2's.
I don't expect to see the GT3 market change complexion until Porsche releases preliminary details of the 997 GT3.
Ferrari has seen renewed interest in the 360 driven by the introduction of the 430. Going from a claimed 400 to 490hp, the 430 raises the bar for the next GT3. Can Mr Porsche put close to 500hp in the GT3? I don't expect so.
As a data point, I put several GT3's on a dyno and they all consistently turned 400hp (over 320hp to the ground) matching the power of a Ferrari 360 on the same dyno and turning more torque. I'd expect the next GT3 to be around 440hp claimed and deliver closer to 460 in order to stay in competition with the 430.
Sadly, I'd also expect the price to run away. The idea of keeping the next GT3 at US$100K just doesn't seem to work. I hope it doesn't go over $120K. In any case, I'm confident in expecting the announcement of preliminary details of the next GT3 will renew interest in the current car and remind the market of just what unbeatable value Porsche brought to bear with the 996 based GT3 MkII.
As for the Ford GT being a bad car, that's just nonsense. It has some teething problems in production and one or two idiots like Clarkson who thought they bought a mid-production Toyota Camry in terms of reliability. If we denounce the Ford GT for quality troubles, what does that make the first run of Boxsters or the first Cayennes or the seemingly permanent failure of the RMS in the current Carrera engine which Mr Porsche has seen fit to carry forward in the 997? And what about the Carrera GT that didn't even make it to customer garages without Porsche deciding to change the fuel system etc.? Come on! The Ford GT has only one severe shortcoming ... it is ... sadly ... a Ford. :| ... personally, when the bottom falls out of the market next year, I'll happily pick one up around US$100K and play with it on the track in a way that I could never let loose with a US$400K Carrera GT or the Murcielago with their $20K carbon fibre body panels ... and when I'm done, I'll get rid of it still under warranty
07-10-2005, 02:16 AM
#26
Burning Brakes
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I see about 40 2004 GT3's for sale right now on AutoBaron. For a car with such limited production, it seems like a lot. Comapre that to the RS6...there are only a few for sale. I though (could be wrong), the number imported was roughly the same (750ish vs. 750ish). I could be wrong, but it just seemed to me that there are a lot of GT3's for sale......also, recently I have seen a few of the guys on the board jumping ship too...I was curious as to why.
07-10-2005, 02:41 AM
#28
GT3 player par excellence
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my speculation....
gt3 is boring on the streets and very expensive to upkeep on track.
some are getting/keeping GT2 instead.
some are moving to ferrari's.
some are moving to cup cars.
gt3 is boring on the streets and very expensive to upkeep on track.
some are getting/keeping GT2 instead.
some are moving to ferrari's.
some are moving to cup cars.
07-10-2005, 05:53 AM
#29
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John,
"gt3 is boring on the streets" is so true, I drive my car once every 10 days, the rest is all Sunday drives with destination or track.
Ciao,
Johannes E.
GT3 CS
"gt3 is boring on the streets" is so true, I drive my car once every 10 days, the rest is all Sunday drives with destination or track.
Ciao,
Johannes E.
GT3 CS
07-10-2005, 09:46 AM
#30
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If you don't track your GT3 a bunch, you may as well get a 997 version, since it will probably have a non dry sump street motor. I will stick to the cup motor version myself!