The 996 GT3 Cars For Sale Thread...
06-08-2021, 01:09 AM
#1171
Banned
About 6 months ago I started thinking about selling my garage queen. After few responses I realized and learned from fellow rennlist members I have to get PPI, DME, and registration up to date which also mean CA smogged. At that time, I feel $120-125k would be a fair amount for a top condition GT3. And I did get offers very close to it.
So now that I have completed above tasks, I know value has gone up since. And when one sold at an outrageously high price... I am confused what is the right reserve price for mine??
So now that I have completed above tasks, I know value has gone up since. And when one sold at an outrageously high price... I am confused what is the right reserve price for mine??
Is this the Copley car? 20k miles and looks nice . Looks like it just sold. Copley GT3
PS Wilfred I'm not spreading false information nor am I trying to drive prices down. I have four 911's. No room. But I like 996's and I predicted all this appreciation would happen.
Last edited by Upscale Audio; 06-08-2021 at 02:04 AM.
06-08-2021, 04:40 AM
#1172
In short list the car for what you feel is fair, the market will decide. I think we would need more info on your car to offer any real input. With that said, Copley has what appears to be a garage queen that has hasn't sold at a price that is less than you mentioned ($114,800).
I have been following the market for a while now, and I see an increase, but not a huge increase. I am admittedly looking for more of a driver, but the Copley car is a valid data point...again, depends on the details of your car.
I have seen a few good examples go for reasonable amounts...from memory a silver car for example went for $76k not very long ago - pristine, with ~30k miles. I am currently working with a seller of a 1-owner car with 40k miles, and he is asking $80k...stripper and needs a couple minor things, but lines are pinned & lsd is done.
Hopefully this helps.
I have been following the market for a while now, and I see an increase, but not a huge increase. I am admittedly looking for more of a driver, but the Copley car is a valid data point...again, depends on the details of your car.
I have seen a few good examples go for reasonable amounts...from memory a silver car for example went for $76k not very long ago - pristine, with ~30k miles. I am currently working with a seller of a 1-owner car with 40k miles, and he is asking $80k...stripper and needs a couple minor things, but lines are pinned & lsd is done.
Hopefully this helps.
Bottomline is, these cars need to be seen & inspected in person. You can tell right away if it’s well taken care of or not. As a good example, seller’s able to hold it long enough for the market to get hot(ter), but that doesn’t mean it’s an nice example. I passed at 80k if I remember correctly. That was last July.
Few pics I took:
Last edited by Prototyp1; 06-08-2021 at 04:44 AM.
06-08-2021, 09:21 AM
#1175
Rennlist Member
YMMV but here's some historical evidence regarding values:
Gooding 2005 6GT $112,750 in 2018
Gooding 2004 6GT $140,000 in 2020.
As for finding $60-70K cars they will be condition #3 or #4. The trend lines are up for all of them, condition 1-4.
Low volume and demand for too few cars always drive prices and it is a fact Porsche will never produce a car like the 996 GT3 again.
Lawyers and too few "drivers".
I chased the 73RS when they were "cheap" and the similarity is genuine. A 1973-RS could be found in the $70,000 range around 2004. Prices on these wandered all over the place for years but 2004 was, imho, the beginning of the serious price uptick. 11 years later I watched a 1973 911-RS go across the auction block just like the one I didn't buy for $900,000.
The 6GT may never make that kind of move but I'm not betting against it going down in value anytime soon.
PS: If anyone follows air cooled cars imagine someone telling you in 2011 that a 911SC would bring $60-$90K in 10 years. The slab side G Body '74-'77's are strong too.
Gooding 2005 6GT $112,750 in 2018
Gooding 2004 6GT $140,000 in 2020.
As for finding $60-70K cars they will be condition #3 or #4. The trend lines are up for all of them, condition 1-4.
Low volume and demand for too few cars always drive prices and it is a fact Porsche will never produce a car like the 996 GT3 again.
Lawyers and too few "drivers".
I chased the 73RS when they were "cheap" and the similarity is genuine. A 1973-RS could be found in the $70,000 range around 2004. Prices on these wandered all over the place for years but 2004 was, imho, the beginning of the serious price uptick. 11 years later I watched a 1973 911-RS go across the auction block just like the one I didn't buy for $900,000.
The 6GT may never make that kind of move but I'm not betting against it going down in value anytime soon.
PS: If anyone follows air cooled cars imagine someone telling you in 2011 that a 911SC would bring $60-$90K in 10 years. The slab side G Body '74-'77's are strong too.
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UpOnTheWheel (06-08-2021)
06-08-2021, 10:27 AM
#1176
Banned
Well somebody here can explain that. Looks like that was done in 2016. Was there a DME?
Also the car you took pictures of had silver wheels, and the one I linked to had black wheels. Different cars? Or maybe I found the wrong one?
Also the car you took pictures of had silver wheels, and the one I linked to had black wheels. Different cars? Or maybe I found the wrong one?
Last edited by Upscale Audio; 06-08-2021 at 10:43 AM.
06-08-2021, 10:42 AM
#1177
06-08-2021, 10:54 AM
#1179
Rennlist Member
06-08-2021, 12:01 PM
#1180
Pro
https://www.elferspot.com/en/car/por...-2004-1069754/
This is the car I was speaking of, just to clarify.
Looks to be in great condition, asking price of $114,800.
This is the car I was speaking of, just to clarify.
Looks to be in great condition, asking price of $114,800.
06-08-2021, 12:32 PM
#1181
Rennlist Member
06-08-2021, 06:14 PM
#1182
Rennlist Member
I thought only Ferrari's are able to clear their DME report (and mileage)? Never seen this on a Porsche.
06-09-2021, 05:16 AM
#1183
same car. Had a pic of the actual odometer. Anyway, hope the buyer get what he/she expected.
