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-   -   GT2 value (https://rennlist.com/forums/996-turbo-forum/1037024-gt2-value.html)

consolidated 11-28-2017 09:50 PM

GT2 value
 
A good friend who is not online asked me to help him figure out how much his car is worth before taking it to a dealer. 996 GT2 with about 3k miles, yes only 3000 miles, two owner, black/black. PM's welcome, this isn't a sales ad, just trying to help him avoid a bad haircut. What numbers I have found are all over the map.

Carlo_Carrera 11-28-2017 10:50 PM

If the car is perfect in every way it could be worth around $150k. If there are a couple flaws the value could drop to $100k. Condition is everything.

Why is he selling it?

consolidated 11-28-2017 11:54 PM

He's trading/selling the GT2 and a 993TT for a bigger fish. Thanks for the data points.

pfbz 11-29-2017 12:13 AM

A 20K-mile two-owner 2002 GT2 just sold on bringatrailer for $125K ($130K with buyers premium), that's a retail/auction number. Clearly a 3K mile example would be worth more, so $150K is likely a good retail price or the car. If the dealer doesn't offer him a good price, he might consider putting his on BAT as well, there was lots of interest and there seller fees are quite low.
https://bringatrailer.com/listing/20...che-911-gt2-2/

Mecum also has had a few 996 GT2's cross the block in the past few months...

An 18K mile 2002 for $122,500 ($134,750 with premium) just a few weeks ago (Vegas).
https://www.mecum.com/lots/LN1117-29...rsche-911-gt2/

A 5K mile 2002 for $160K ($176K with fees) in August (Monterey).
https://www.mecum.com/lots/CA0817-30...rsche-911-gt2/

Again, all retail auction prices... I'd expect a dealer to offer significantly less! If he wants to sell, but doesn't want the hassle of selling it himself or the haircut a Porsche dealer will give him, there are a few good consignment brokers that specialize in collector Porsches as well.

PS, Mecum will show the car, but won't show hammer prices unless you set up a log in.

consolidated 11-29-2017 12:24 AM


Originally Posted by pfbz (Post 14635033)
A 20K-mile two-owner 2002 GT2 just sold on bringatrailer for $125K ($130K with buyers premium), that's a retail/auction number. Clearly a 3K mile example would be worth more, so $150K is likely a good retail price or the car. If the dealer doesn't offer him a good price, he might consider putting his on BAT as well, there was lots of interest and there seller fees are quite low.
https://bringatrailer.com/listing/20...che-911-gt2-2/

Mecum also has had a few 996 GT2's cross the block in the past few months...

An 18K mile 2002 for $122,500 ($134,750 with premium) just a few weeks ago (Vegas).
https://www.mecum.com/lots/LN1117-29...rsche-911-gt2/

A 5K mile 2002 for $160K ($176K with fees) in August (Monterey).
https://www.mecum.com/lots/CA0817-30...rsche-911-gt2/

Again, all retail auction prices... I'd expect a dealer to offer significantly less! If he wants to sell, but doesn't want the hassle of selling it himself or the haircut a Porsche dealer will give him, there are a few good consignment brokers that specialize in collector Porsches as well.

PS, Mecum will show the car, but won't show hammer prices unless you set up a log in.

Brilliant, this is exactly what he needs to know, thank you. I'm hoping he doesn't trade them in and gives enthusiasts first crack.

pfbz 11-29-2017 12:27 AM

Mecum also takes 10% + fees from the Seller, so take that into account as well...

BAT fees are super cheap for Seller, about $100. They don't take the majority of submissions, but I bet they'd be thrilled to have another GT2.

Consignment guys I think start at about $1,000.

If he's buying another Porsche, the dealer will also pitch him on how much tax he will save, though it costs them nothing.


I wish my "next-Porsche" budget was about double, I'd make him an offer!

"02996ttx50 11-29-2017 12:34 AM

difficult for me to fathom having a 993t and getting rid of it along with a 3k miles 996gt2?!. but i'd sell em both, but only for a new gt2rs. that said, the 5k mile 176k mecum example is a healthy sale, indeed.

mutrksyou 11-29-2017 12:38 AM

I would like to buy the car. I posted my number on your public messages as it wont let me send PM's.

consolidated 11-29-2017 12:43 AM


Originally Posted by mutrksyou (Post 14635097)
I would like to buy the car. I posted my number on your public messages as it wont let me send PM's.

Received, I will gladly pass it along.

mutrksyou 11-29-2017 12:47 AM


Originally Posted by consolidated (Post 14635113)
Received, I will gladly pass it along.

Look forward to hearing from him, thanks.

manimal 11-29-2017 04:45 AM

I was gonna say, just post it here on RL. Even if he's looking to trade up, you see some world class cars in the classifieds here.

Carlo_Carrera 11-29-2017 09:52 AM


Originally Posted by "02996ttx50 (Post 14635081)
difficult for me to fathom having a 993t and getting rid of it along with a 3k miles 996gt2?!. but i'd sell em both, but only for a new gt2rs. that said, the 5k mile 176k mecum example is a healthy sale, indeed.

Yes, a brand new 991 GT2RS is one of the few cars I would sell those cars for.

Road King 11-29-2017 01:01 PM


Originally Posted by "02996ttx50 (Post 14635081)
that said, the 5k mile 176k mecum example is a healthy sale, indeed.

oh yeah, that's top dollar.

But it also happened in Monterrey during Car Week / Pebble Beach Concourse, which is Mecum's flagship (non muscle car event). They bring in big dollars!

"02996ttx50 11-29-2017 05:43 PM


Originally Posted by Road King (Post 14636221)
oh yeah, that's top dollar.

But it also happened in Monterrey during Car Week / Pebble Beach Concourse, which is Mecum's flagship (non muscle car event). They bring in big dollars!

i'm not surprised. i've watched a few of them when televised. crazy money always whether either gooding or mecum, for the really special specimens. how about mcqueen's 930 turbo fetching 2 MIL!


Originally Posted by Carlo_Carrera (Post 14635632)
Yes, a brand new 991 GT2RS is one of the few cars I would sell those cars for.

yeah man, it seems they just keep getting better and better. the 991gt2rs is otherworldly. at least we all have a distant relative :)

911mhawk 11-29-2017 07:14 PM


Originally Posted by Carlo_Carrera (Post 14635632)
Yes, a brand new 991 GT2RS is one of the few cars I would sell those cars for.

I'd sell my buddies wife for one of those.


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