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Predictions: 996 GT3 value in 1-2 years?

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Old 06-23-2006, 04:34 AM
  #31  
Mr. C4
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RS 197,

I think you need to do your homework and I'm willing to bet that most would agree with me. I strongly believe that in terms of resale value, the 996 GT3 will do exactly the same to the 997 GT3 as what the 993 Carrera and Turbo has done to the 996 Carrera and Turbo, not the other way around.

Ciao,
Old 06-23-2006, 08:58 AM
  #32  
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Originally Posted by RS 197
The thing all you guys are missing is the 996 is an ugly car. The styling is terrible. I would never pay $70+ for one. I think the GT3 is a great car, but the 997 will always be a way better looking car. The values will reflect this. Look at the values of the 996 turbo have fallen to. What a great car. I passed on one at $52K????? WTF. Look at what the 993 is doing value wise. 993's are very popular and even though there performance is sub par the styling is holding it's value. try and buy a nice 993 turbo. They are holding steady at $70k+++????
Let's face it. If someone is going to put out $60+k for a car they don't want it to look like a 996.
That being said. I will own a 996 GT3 when they get into the $50k range. It will hapen. The true appreciation for these cars will come many years from now.
Buy the way, quit knocking the 997 GT3. Sunroof or not, it is a very special car. Time will tell the story. The 997 GT3 will allway's be supperior to any 996 GT3.

Sorry all you 996GT3 owners. The car is sweet but the styling is killing you.
I agree to a certain extent what you're saying. And all 996 guys don't get crazy on me here but 996 argualbly is the worst looking 911 there is.
GT3 is far better looking than regular 996 (and TT & GT2 aren't bad either) but still.

However, because 993 is the last air-cooled 911, last (mostly) hand built and also because the numbers are so small compared to 996, the prices are higher and IMO always will but it's not only because of how it looks.

IMO 997 GT3 in the end will be higher priced in the future if they don't sell in much bigger numbers than 996 variant.
To most 911 lovers, 997 is so much better looking car it will make a difference but if they produce twice the number of 997 GT3s than 996 GT3s, then maybe 996 variant will command biogger price, if the numbers are close, 997 will be more expensive in the future when both cars are old.
Old 06-23-2006, 09:02 AM
  #33  
Vancouver83LTD
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Go and start offering dealers 1-2k above wholesale, see where that takes you.
Why put it off? Just do it. You only live once and you can die within two years...
now whether that's because you got in trouble in your GT3 is another matter

Last edited by Vancouver83LTD; 06-23-2006 at 05:46 PM.
Old 06-23-2006, 11:54 AM
  #34  
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I suppose to each his own. I don't think the 996 GT3 is an ugly car, it's quite elegant from my perspective. The 997 version might be quicker and more complex looking-especially the front, but not as smooth. Realizing the game continues to move on, I think the 996GT3 will be regarded well by the faithful in the long term and might be considered a bit more highly than some believe.
I'm really happy with mine and am reluctant to part with it because I really believe I'll regret it. Even more so than my GT700 Turbo. It's overall approach and feel epitomizes the modern and proper Porsche for me. My 2 cents.
Old 06-23-2006, 12:32 PM
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styling is in the eyes of the beholder. i never thought any porsche was good looking. i prefer early ferrari's and astons for aesthetics.

regardless of which GT3, they will all fall in price. so what, as long as you put enough miles on them, it's worth it. i got close to 40k now.
Old 06-23-2006, 01:45 PM
  #36  
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Thanks for all of the feedback. I am still leaning towards buying a 996 GT3 with low mileage NOW, and if the RS that I have a deposit on beats current expectations next spring, it will be very easy to trade up. I am a big believer in trying to find a car that will depreciate "less", but fear that after a few laps on the track that idea will go out the window along with the thousands of additional dollars spent on saving more precious seconds.... The term "addict" will take on new meaning, but this is less harmful to the body than alternative drugs - right?
Old 06-23-2006, 01:51 PM
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Originally Posted by 94Speedster
this is less harmful to the body than alternative drugs - right?
Only if you keep it off the walls
Old 06-23-2006, 01:57 PM
  #38  
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Looks .... The RS hands down due to the width - but the 997 head lights to 996's? - I am not sold the on 997s headlight - I prefer the new Boxster's slight ovoid shape to the overly small 997's.
In the end, I really dont give hoot on the looks either way - but the Christophe issue with white 997GT3 is great.
Old 06-23-2006, 02:45 PM
  #39  
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997 exterior looks better, less of an aero look and more towards the proper 911 shape. But I'm not a big fan of the 997 interior, it really turns me off for some reason.

Will the 7 always be worth more than the 6? Hard to say, too many variables and unknowns at this time. The 6 could be special here in the US though, since it was the first of the GT3's now that it's becoming a regular in the lineup with each new generation. Maybe that's just wishful thinking on my part...
Old 06-23-2006, 03:07 PM
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I cant speak for the US - but up here in Canada a GT3 sighting is as rare as a bigfoot sighting!! With that being said I think the whole supply and demand thing comes into play - a used GT3 up here fetched some nice coin since people are lining up to get them on the used market - I dont see them dramatically falling anytime soon - in Canada anyhow.
Old 06-23-2006, 03:31 PM
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Originally Posted by Johnny 996
I cant speak for the US - but up here in Canada a GT3 sighting is as rare as a bigfoot sighting!! With that being said I think the whole supply and demand thing comes into play - a used GT3 up here fetched some nice coin since people are lining up to get them on the used market - I dont see them dramatically falling anytime soon - in Canada anyhow.
Unless of course in the span of 2 years they have 5 owners, been through 3 auctions, and have frame and unibody damage
Old 06-23-2006, 03:41 PM
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LVDell - do did you buy one yet? Your signature says summer '06, so that could mean you are still looking... The reason I ask is that I am starting my trips around the country to look. I can certainly pass along my thoughts on those that I "don't" buy...

-B
Old 06-23-2006, 04:11 PM
  #43  
LVDell
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I am going to start looking in mid to late August now because I am in the final stages of a home I am building and need to pay full financial attention to that. Thanks for the heads up!
Old 06-23-2006, 06:16 PM
  #44  
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Originally Posted by 94Speedster
Thanks for all of the feedback. I am still leaning towards buying a 996 GT3 with low mileage NOW, and if the RS that I have a deposit on beats current expectations next spring, it will be very easy to trade up. I am a big believer in trying to find a car that will depreciate "less", but fear that after a few laps on the track that idea will go out the window along with the thousands of additional dollars spent on saving more precious seconds.... The term "addict" will take on new meaning, but this is less harmful to the body than alternative drugs - right?
Maybe you're thinking too much?

Do what I do (when it coes to purchases like this), leave your brain home and go with the heart only, has worked for me through the years.
Pretty much 100% of my car purchases have been "stupid cars" (black & white chequered flag paint scheme VW Beetlles, 911s, lifted 4x4s back in Finland etc.) and I love that kind of philosophy.
To me , car is not a vechile that takes me from point A to point B, it's something I enjoy so I don't give a **** if I pay $3000 too much for a car I want (i.e. 996 GT3) or if it loses it's value $3000 more than it was supposed to.

BTW, from design point of view, not only the traditional "round" 911 headlights in 997 series (HUGE mistake from 996 designers) but one other big design feature that is better in 997 series is the fact that it looks shorter than 996.
I know it isn't but it looks it is and that was/is a problem with 996 design.
Old 06-23-2006, 07:36 PM
  #45  
RS 197
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Originally Posted by Mr. C4
RS 197,

I think you need to do your homework and I'm willing to bet that most would agree with me. I strongly believe that in terms of resale value, the 996 GT3 will do exactly the same to the 997 GT3 as what the 993 Carrera and Turbo has done to the 996 Carrera and Turbo, not the other way around.

Ciao,
Not quite following you???
996's are the newer version of the 74-77's 911s's. The problem is they made a ton of them and the upgrades were not well recieved. Just like the 996. Then they fixed it on the SC line which was a great car. Look at the values of these cars. Cheeeeeeaaaaaapppppp!!!!!!!

How do you explain the values of 993's turbo's and coupes vs the 996's. It is not just the production numbers that is bringing the price down. 993's are getting harder to find and there prices are steadily climing. Go try and find a nice C4S for under $50k and then try and find a 996 C4S, they are priced the same. The 996 is a way better driving car but the styling was not will recieved.

You will be able to buy a 996 in the $20k range withing a couple of years. Unfortunatly the 996 GT3 will be pulled down with it.


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