blake

With all of this "buzz" around the sunroof (will it be in the RS?) and PSM (will it 'water down' the GT3 feel?), I most pose the question: what will happen to 996 GT3 prices over the next 12-24 months? I have read some posts that say GT3's on Ebay are not selling, but have also read that less GT3s are available today that 6 months ago. I spoke to a dealer in Atlanta this morning who told me that both 996 GT3s in inventory just sold, and that most of the people with orders for 997 GT3s will be trading in their 996 GT3s at that time. At what point will the 996 GT3's price bottom out? $75K? $60K? Less?

I'd really like to hear your thoughts on this as I may want to buy one NOW....

Thanks! -B

mooty

you can find some at 75k NOW. i think it will float above 60k for a loooooooong time. like 10 years or more. but that's jsut my wild guess.

i mean at 60k, what else could you possibly get that's 1/2 as good?

supercup

I agree with Mooty for nice cars with reasonable milage not much below $70K. But if the car has higher miles the price will suffer. I don't think you will see a rebound like the 993 Turbo. But with the new GT3 starting at $106 - a $30K differential is plenty. Plus at that pricing you are looking at a GT3 or a loaded Caymen S - no question what I would buy!

JCM

LuisGT3

Mooty is right on the money. 996 Gt3's will forever hold their value better than any other 996.

mooty

yes, unforturnately cars will miles will suffer. my will have a LOT of fun filled miles.


or you could be confused like me and bought both

Mr. C4

I'm very happy with my Mk.1 GT3 Clubsport as I believe it will hold it's value similiar to the RS and better than the Mk.2 due to production numbers.


Ciao,

cosmos

See you would rather have the GT3 over a Caymen S. Porsche however does not agree with you. I see so many Caymans on the road its not even funny. I see at least 2 new ones everyday.

I see maybe 1 GT3 a month. I think that too many Porsche drivers want the sunroof and want the comfy interior. No one wants the creaks, moans and rattles anymore.

I think unfortunatly the 996 GT3 will suffer the 996 fate and the prices will fall. I just do not think enough people want the car, sure they know what it is, but reality and preception are two different things.

rodneyr

GT3's have a small market are have always been difficult to sell. This is not uncommon with most high-priced cars. I remember looking at Ebay over 6 months ago, and not seeing the cars selling.
Yes, the price will continue to fall as with most cars because by nature they are depreciating assets. I don't believe the price will drop dramatically, but I don't think it will hold its value like a 993 TT.

GrantG

Cayman doesn't have a sunroof either...

MetalSolid

Cos... I'll have to disagree to some extent. The majority of people that can afford a new $110k GT3 have already been pampered, babied and had their egos stroked by the luxury barges that also occupy their garages; these cars are soft, comfy, quiet, easy to drive with stability management systems, automatics and sunroofs. To these people, they can barely tolerate the uncivilized GT3 - as seen by the amount of low-mileage cars for sale - it's just the matter of having the latest & greatest.

As the price of the GT3 drops in the used market, the amount of "hardcore" enthusiasts that truely appreciate the car will increase, creating more demand. The GT3 will never suffer the fate of the wet-sump 996/997, in the US market.

blake

Thanks for all of the replies. I tend to agree with MetalSolid. Just look at the RS America. It saw median prices in the 2000 time frame around $40K, which fell to $30K in 2002, and now rebounded to $40K again (nice low miles examples are nearing $50K)... For me, I won't buy a wet-sump Porsche, so will have to pass on the 997/997S. I really like the US GT3 line - so think I will buy a 996 GT3 now (having already depreciated $30k in two years) and see if the GT3RS offers what I hope it will in 1 years time(sunroof-less, "purist" Porsche feel) If not, I will have the last of the current best in the 996 GT3!

In closing, I have been a Porsche addict since 1980 (age 7) when I bought my first green 911 turbo Matchbox car (yellow/orange interior and real suspension) and decided then that I would own one when I grew up. Still addicted!

9Eleven

I can't believe that this car is worth close to what a used '04 or '05 Gt3 with low miles is getting to in price. No way in hell. They aren't even in the same league. It's down right insulting!
http://cgi.ebay.com/ebaymotors/2005-...QQcmdZViewItem

Larry Harris

The market can do what it wants. When and if I sell my GT3 I will hold out for top dollar. If it doesn't sell so be it. I know what I've got in my 05.
9Eleven you are right on!!

Truble10

I think another negative factor for the 996 GT3 was the release date. I posted this back about a year ago and got beat up on the GT3 forum. By waiting until 2004 - the end of the 996 body style people were essentially buying a $100K+ vehicle that is already out of date with regards to styling. I know all the differences from the GT3 to the standard 996 aero but the 997 body style was just around the corner. GT3 guys are less sensitive to styling and more into function but I think it has hurt resale. There are people on this forum who will say "I don't buy cars for resale" but anything I buy I eventually want to sell. Resale might not be the most important factor but unless you have a money tree out back it has to be a factor on some level.

I think the 997 GT3 will do better at least initially simply becuase it will be released earlier in the 997 product line.

Just my $0.02

JTW

[QUOTE=94Speedster]With all of this "buzz" around the sunroof (will it be in the RS?) and PSM (will it 'water down' the GT3 feel?), I most pose the question: what will happen to 996 GT3 prices over the next 12-24 months? I have read some posts that say GT3's on Ebay are not selling, but have also read that less GT3s are available today that 6 months ago. I spoke to a dealer in Atlanta this morning who told me that both 996 GT3s in inventory just sold, and that most of the people with orders for 997 GT3s will be trading in their 996 GT3s at that time. At what point will the 996 GT3's price bottom out? $75K? $60K? Less?

I can't see how futre values will impact me, one way or the other. My 12 year old daughter has already informed me that I am giving her the car when she turns 16. As well, she has announced that I will teach her how to use a manual transmission - on the GT3.