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Biding my time. GT3's for $40-45,000?

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Old 06-15-2009, 03:31 PM
  #16  
P.J.S.
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Originally Posted by Crazy Canuck
+1 BILLION

For me ...
- No sunroof (less weight and increased headroom which is at a premium for me with a helmet on)
- ABS Only. No TC, No PASM, No PSM - No BS. I'm driving the car.

It is a special car. The last Porsche w/o all the electronic doodads save ABS.
+1

Old 06-15-2009, 05:36 PM
  #17  
mooty
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Originally Posted by Serge944
I saw a 30k mile example sell for 50k. Hell, there was even a 6gt3 with 45k miles selling on ebay for 40k starting bid and no reserve. The auction ended with no bids. The deals are out there.

I hardly ever see any cars on the market with more than 30k miles. Most GT3s for sale have 15-25k miles.

VERY nice, low mileage 6gt3s can be had for 60k right now. I plan on purchasing one in about a year when I return from China. I'm hoping that by then prices drop another 10k.

I don't see these cars bottoming out and holding value. They just aren't that special. There's no reason why anyone would want a 6gt3 over a 7gt3 and those prices have been falling considerably. They will continue to fall with subsequent new models...
the pricing on internet is meaningless. you need actual transaction numbers. just like ppl think real estate in CA are in the ****s. well, try to buy something in hi end area of saratoga, palo alto, hillborough. there is very little drop in prices. average is just that, averages.

yes, there are 40,000 gt3, but i promise you, it had problems.

will you be able to find a good GT3 for low price without issues, yes. i sold most of my 10k below market. that's b/c i expect to sell my car within a day or two min of my ads. and they usually fly out the door quickly. but most sellers are not moronic like me.

one thing many ppl dont understand with porsche is that the initial cost it the LEAST of your worries. although these cars are durable, IF somethings goes, and you actually have a budget, you probably can't afford to fix it. so get one that's healthy. you either pay now or pay later. but you will have to pay.
Old 06-15-2009, 07:02 PM
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Rob in VA
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I love threads like this one. I might start another saying, hey do you think a GT3 can be had for $25k, I think so!

Dude, you might want to reconsider owning a GT3 if the entry cost is worrying you. Replacement parts aren't any cheaper no matter the year/mileage right. So if a delta of $10k means you're in or out, then maybe you'll be better off with a cheaper car? Nothing on these cars is cheap.
Old 06-15-2009, 07:51 PM
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Originally Posted by Rob in VA
...So if a delta of $10k means you're in or out, then maybe you'll be better off with a cheaper car? Nothing on these cars is cheap.
+1

...especially when you start tracking the car. Budget at least $500 per track day which includes track fee, tires and brakes. Probably more when you add up all the little things. More again when you start going real fast and going through consumables faster.
Old 06-15-2009, 07:56 PM
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Originally Posted by Rob in VA
I love threads like this one. I might start another saying, hey do you think a GT3 can be had for $25k, I think so!
at that price. i 'll buy one for each of my kids, then another two weld them together so i have flat 12 to tow my race car

i'll pay 25,500 for the one in your avatar
Old 06-15-2009, 08:43 PM
  #21  
LVDell
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Originally Posted by AllanJ
+1

...especially when you start tracking the car. Budget at least $500 per track day which includes track fee, tires and brakes. Probably more when you add up all the little things. More again when you start going real fast and going through consumables faster.


I wish it was $500 a day. I actually sat down one day and factored just those things in you talk about plus gas and came to $285 per 1/2 hour session. It's roughly $2500 a two-day event. Now if you decide to go racing, it goes up even more.
Old 06-15-2009, 09:18 PM
  #22  
mooty
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Originally Posted by LVDell


I wish it was $500 a day. I actually sat down one day and factored just those things in you talk about plus gas and came to $285 per 1/2 hour session. It's roughly $2500 a two-day event. Now if you decide to go racing, it goes up even more.
so, i was not far off. i resisted to face reality, thanx for bringing up that pain!
Old 06-15-2009, 09:54 PM
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roberga
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my 60,000 mile crashed twice sold for over $40K
Old 06-15-2009, 09:57 PM
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Originally Posted by mooty
so, i was not far off. i resisted to face reality, thanx for bringing up that pain!
I forgot about gas and I'm slooooooow.

...also, I suppose subconsciously I don't want to figure out the costs that precisely. $500/day sounds much nicer.
Old 06-15-2009, 10:37 PM
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Rob in VA
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please do NOT post any costs of tracking/racing. i don't want my accountant to get any crazy budget ideas.
Old 06-15-2009, 10:44 PM
  #26  
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Originally Posted by roberga
my 60,000 mile crashed twice sold for over $40K
i bet you crashed it artfully to increase it's value!
Old 06-15-2009, 10:45 PM
  #27  
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hit from the rear on the way home from the track: $25K; Porsche press car crash at VIR
Old 06-15-2009, 10:57 PM
  #28  
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Look at 993 market. There are twice as many 993 TTs in US (2000 something). No story cars with 50k miles are changing hands for around $55k depending on color, options and history. There are less GT3s (under 1000 cars), car is special because it is THE last car Porsche made without any electronics aids and first GT3 to be imported to US market, targeted to very small amount of driving enthusiasts etc. These cars should hold values pretty well, IMHO. Less performance, more maintenance needy 964 RS Americas are in the $40ks, btw.
Old 06-16-2009, 06:00 AM
  #29  
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Maybe you missed my point. I have experience with both the 996 and 997 GT3s. I think they are fantastic all around cars - this is why I plan on buying one.

Allow me to elaborate. There was no 993 equivalent for the 964RSA. 993TT was the last of the oil-cooled 911 - there is a greater truly enthusiast following than water-cooled. 965 3.6 - last of the kick-in-the-*** single RWD turbos. Also very limited production. All these cars had something to offer that subsequent models didn't.

The 996 GT3? Amazing car, no doubt. The 997 is better. It's no fatter, no less nimble, its no less car by any means.

I may be wrong, but I think that the 6GT3 will continue to depreciate despite the low production numbers.
Old 06-16-2009, 08:11 AM
  #30  
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Value going up in Europe on 1996 GT3's. I would expect values to hold or increase for good examples.


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