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Why did I sell the GT3?

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Old 11-27-2007, 10:08 PM
  #31  
GrantG
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Originally Posted by jwalton
OK here is the buyers perspective. I bought the GT3 that is the topic of this thread. *** When will the public wake up to the value these cars offer and stop the insane market adjustment downward.
Yes, Tom (BoulderGT3) is a gentleman and his cars are well cared for. I almost bought that car too.

It will be interesting to see what happens to prices, once the 997 GT3 MkII is announced. I think the current 997GT3's will take a big depreciation hit (especially the RS's which are still trading for way over MSRP). Not sure that the 996 GT3's can fall much further - they have fallen a ton over the last 18 mos.

I think alot depends on the state of the economy and also will be interesting if Porsche drastically increases prices for new cars, due to the weak dollar.
Old 11-27-2007, 11:07 PM
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ron_dargenio
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Originally Posted by jwalton
When will the public wake up to the value these cars offer and stop the insane market adjustment downward.
It's an interesting statement, but first, congratulations on the purchase. As far as perceived value and prices paid, there are who-knows-how-many factors involved in this equation. It's my belief that in the long term, the 996 GT3 will be a very sought-after Porsche. What that means in terms of value, I can not say, but this is possibly the neatest 911 since the '73 Carrera RS.
Old 11-27-2007, 11:12 PM
  #33  
Rob in VA
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Originally Posted by GrantG
Yes, Tom (BoulderGT3) is a gentleman and his cars are well cared for. I almost bought that car too.

It will be interesting to see what happens to prices, once the 997 GT3 MkII is announced. I think the current 997GT3's will take a big depreciation hit (especially the RS's which are still trading for way over MSRP). Not sure that the 996 GT3's can fall much further - they have fallen a ton over the last 18 mos.

I think alot depends on the state of the economy and also will be interesting if Porsche drastically increases prices for new cars, due to the weak dollar.
Yawn. Hasn't this topic been beaten to death?
Attachment 235547

Last edited by Rob in VA; 02-23-2013 at 09:39 PM.
Old 11-27-2007, 11:40 PM
  #34  
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Originally Posted by GrantG
As another data point, I was offered a 2004 GT3 with 26k in Silver with Leather GT3 seats for $60k last week. Didn't buy it (maybe should have) and now it's going to the wholesale auctions.

This is the car (no damage history):
http://www.dupontregistry.com/autos/...?itemid=390574
I'm sure there will be examples to prove me wrong but a GT3 in Dupont doesn't make a lot of sense to me. The time to pub and price is pretty high and I just don't think it is a match for a car like a GT3. Maybe a custom or a Rolls. It seems to list a car there you are looking for somebody who wants to say they bought something out of Dupont ( I feel very strongly that many people buy at Barrett for that reason) or maybe to sell to a less informed high end buyer.
Old 11-28-2007, 12:31 AM
  #35  
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Rob in VA, Love the dead horse graphic....and yes this has been, and will continue to be discussed, as this is the place to do that. After all, every dead horse deserves another beating

Congrats to you J Walton for a very nice car, one which you had the good sense to pull the trigger on. Well done. Enjoy the car in good health!!! I love that color too.
Old 11-28-2007, 12:34 AM
  #36  
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So Ron Dargenio,

You've had many P-cars over the years. Is the GT3 the 1?
Old 11-28-2007, 01:01 AM
  #37  
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Originally Posted by christallon
Rob in VA, Love the dead horse graphic....and yes this has been, and will continue to be discussed, as this is the place to do that. After all, every dead horse deserves another beating

Congrats to you J Walton for a very nice car, one which you had the good sense to pull the trigger on. Well done. Enjoy the car in good health!!! I love that color too.
Thanks for the kind words. I am REALLY excited. How can I be so excited? After all I have owned two others before this? Why do I keep coming back? sort of a retorical question but chime in if wish. Free phsycological analysis is worth ever dollar paid!! Jon
Old 11-28-2007, 01:01 AM
  #38  
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Question ...

Originally Posted by GrantG
It will be interesting to see what happens to prices, once the 997 GT3 MkII is announced. I think the current 997GT3's will take a big depreciation hit (especially the RS's which are still trading for way over MSRP). Not sure that the 996 GT3's can fall much further - they have fallen a ton over the last 18 mos.

I think alot depends on the state of the economy and also will be interesting if Porsche drastically increases prices for new cars, due to the weak dollar.
It is possible that the weaker US$ may even mean no 997 GT3 MkII in the US.

My question to those who are speculating about the values; what If the price difference between 996 GT3 and 997 GT3 were within $25,000, which car would you get?
Old 11-28-2007, 01:59 AM
  #39  
Mr. C4
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Stupid is as stupid does
Old 11-28-2007, 07:34 AM
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Originally Posted by christallon
So Ron Dargenio,

You've had many P-cars over the years. Is the GT3 the 1?
Overall, I'd say yes without hesitation. 996s will not be remembered as beautiful 911s, but the GT3 is great to look at and mechanically awesome. The NA high revving engine is perhaps their best ever, and the driving sensations are all there. Of the 911s I've had it's certainly the best, the only real knock I have is the quality of the materials in the interior.
Old 11-29-2007, 12:58 AM
  #41  
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Im going to feel the same with my GT2, but damn, I want a 997 GT3!
Old 11-29-2007, 01:33 PM
  #42  
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Are you coincidentally shipping your GT2 out from long Island this weekend? Reason for asking is that Intercity has to go to Long Island for a pickup before delivering my car this weekend in Delaware. Thought our two cars might be stable buddies for a trip south through New Jersey. Jon in Delaware
Old 11-29-2007, 01:55 PM
  #43  
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Originally Posted by jwalton
Are you coincidentally shipping your GT2 out from long Island this weekend? Reason for asking is that Intercity has to go to Long Island for a pickup before delivering my car this weekend in Delaware. Thought our two cars might be stable buddies for a trip south through New Jersey. Jon in Delaware
Nope... Havent secured a serious buyer for my car yet :/ Would have been awesome though hah
Old 11-29-2007, 09:50 PM
  #44  
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Would have been a nice riding partner for the GT3's trip to my home. Oh well. Good Luck Jon
Old 11-29-2007, 10:31 PM
  #45  
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What is your GT2 going for? where is it for sale? website?


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