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2007 GT3 market value

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Old 10-06-2017, 07:26 PM
  #16  
pissedpuppy
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Originally Posted by w0ggy
Here's an example of a 997.2 GT3 for under 100k:

http://www.canamimports.com/inventor...orsche-911-GT3
well, there ya go - I'm wrong again

wonder if it's had any paint/body work?
Old 10-07-2017, 11:19 AM
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r6elmo
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Originally Posted by ores
Hi guys I am in the market and am looking at a 2007 GT3 with around 30K miles for 98K. Cross shopping with 2012 997 Turbo S with 6K miles. Does anyone here feel the 'bubble' in the 997GT3 is about to burst due to the 991.2 manual GT3? Do you feel that the 2007 GT3 will keep value if driven 6-10k miles in the next 3 years?
Thank you in advance!
997.2 Turbo S would not have the mezger motor so something to consider there. 997.1 Turbos 6 speeds with low mileage can be had for low 80s maybe high 70s.

near 100K for a 30K miles 997.1 seems high to me. I would spend a bit more and get a nicely modded 997.2 for that $. be patient and you'll find a similar spec car for less money.

no, the 991.2 manual won't drop the market, or at least that's what I believe. Same discussions were made about the GT4 and that didn't have impact.
Old 10-08-2017, 03:12 AM
  #18  
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Originally Posted by r6elmo
997.2 Turbo S would not have the mezger motor so something to consider there. 997.1 Turbos 6 speeds with low mileage can be had for low 80s maybe high 70s.

near 100K for a 30K miles 997.1 seems high to me. I would spend a bit more and get a nicely modded 997.2 for that $. be patient and you'll find a similar spec car for less money.

no, the 991.2 manual won't drop the market, or at least that's what I believe. Same discussions were made about the GT4 and that didn't have impact.
Thanks. Yes I kind of gave up the Turbo S idea. After test driving the GT3... it kind of gets under your skin. Feels so alive. The yellow 99K 2007 is in super nice shape with 0 over revs but I agree it's about 10K over priced or so. I am now looking at a 2011 997.2. About 15% more $ but super nice and now miles. I don't think any other car will do at this point... Crossed off the list the R8 V10 as well. The only other car that I found really thrilling is a Mp412C but feels too risky.
Old 10-08-2017, 03:16 AM
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Dollars will be all over the map. Only sub 5k mile cars will command the real premiums.
Just like the air coolers. A 964 sub 20k could easily be 80+. 90k is 50.
and I pay premiums for strippers. Of all kinds.
Remember offers buy cars.
Old 10-08-2017, 03:19 AM
  #20  
ores
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Originally Posted by Spyerx
Dollars will be all over the map. Only sub 5k mile cars will command the real premiums.
Just like the air coolers. A 964 sub 20k could easily be 80+. 90k is 50.
and I pay premiums for strippers. Of all kinds.
Remember offers buy cars.
I don't know man every time I make an offer that's more than just a few grands off I am turned down (politely at first).
Will keep trying..
Old 10-08-2017, 03:21 AM
  #21  
ores
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Originally Posted by Spyerx
Dollars will be all over the map. Only sub 5k mile cars will command the real premiums.
Just like the air coolers. A 964 sub 20k could easily be 80+. 90k is 50.
and I pay premiums for strippers. Of all kinds.
Remember offers buy cars.
I actually prefer a car that's been driven... The 2011 I am looking at has 15K miles. Had like 7 owners though but plenty of service rcords and no over revs.
Old 10-08-2017, 03:26 AM
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Originally Posted by ores
I don't know man every time I make an offer that's more than just a few grands off I am turned down (politely at first).
Will keep trying..
patience is a virtue. That said if you like the car.... what’s 10-20k between friends? Less than the depreciation on a new bmw.... for 2years. Or a cayenne! Or a turbo.....
Old 10-08-2017, 01:07 PM
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Originally Posted by ores
I don't know man every time I make an offer that's more than just a few grands off I am turned down (politely at first).
Will keep trying..
got mine for $9K under asking (2008) - it's been driven though, 59K miles but no over-revs. should have kept the 2007 w/22K miles but such is life...

best cars ever. you'll never go into a Carrera after GT3
Old 10-08-2017, 03:49 PM
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Originally Posted by Spyerx
patience is a virtue.
this. Don' let the impulse make you throw away extra money. If cash is burning a hole through your pocket, then go on ahead.

btw, just say a .1 gt3 sharkwerks conversion to 3.9 for 110k. These types of conversions have been popping up quite a bit...I think it's the 3rd one in 2 weeks I've seen. I' Just surprised those conversions haven't held their value as much as I would've thought.
Old 10-08-2017, 07:49 PM
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Originally Posted by ores
Hi guys I am in the market and am looking at a 2007 GT3 with around 30K miles for 98K. Cross shopping with 2012 997 Turbo S with 6K miles. Does anyone here feel the 'bubble' in the 997GT3 is about to burst due to the 991.2 manual GT3? Do you feel that the 2007 GT3 will keep value if driven 6-10k miles in the next 3 years?
Thank you in advance!
98k with 30 miles seems pricey. Just sold mine 2007 gt3 9k miles, 0 overrevs, 3 owners no paint work for 97k. Best of luck
Old 10-08-2017, 09:12 PM
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misterwaterfall
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Fresh data point. 2007, 40k on the clock, no over revs or paint work per seller description. Didn't hit reserve at 75.1, BIN price was 86.5 IIRC

http://www.ebay.com/itm/2007-Porsche...torefresh=true
Old 10-09-2017, 02:53 AM
  #27  
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Originally Posted by misterwaterfall
Fresh data point. 2007, 40k on the clock, no over revs or paint work per seller description. Didn't hit reserve at 75.1, BIN price was 86.5 IIRC

http://www.ebay.com/itm/2007-Porsche...torefresh=true
I don't really like to use Ebay as a measuring tool to how the market is doing. Case and point:http://www.ebay.com/itm/2014-Porsche...ZZ07Es&vxp=mtr
So this car only reached 100k - does it mean it is only 'worth' 100K? I think it will be a hell of a deal at 130K or even 135K. it's certified with almost no miles.

Regarding the 997GT3, it is possible its value on Ebay is limited. Not everyone is comfortable buying cars on Ebay - I know I am not. Also not everyone likes the orange touches

Last edited by ores; 10-09-2017 at 03:11 AM.
Old 10-09-2017, 10:14 AM
  #28  
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Originally Posted by ores
I don't really like to use Ebay as a measuring tool to how the market is doing. Case and point:http://www.ebay.com/itm/2014-Porsche...ZZ07Es&vxp=mtr
So this car only reached 100k - does it mean it is only 'worth' 100K? I think it will be a hell of a deal at 130K or even 135K. it's certified with almost no miles.

Regarding the 997GT3, it is possible its value on Ebay is limited. Not everyone is comfortable buying cars on Ebay - I know I am not. Also not everyone likes the orange touches
Fair, however that 2014 you posted likely does have a realistic sale price of 110k or so. 130-135 is reserved for 15/16 models with LWBs. Those cars aren't seeing MSRP anymore unless they are PTS or have next to no miles, and I think they are helping push down the values of everything else across the board.
Old 10-09-2017, 11:30 AM
  #29  
jackb911
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Originally Posted by misterwaterfall
Fair, however that 2014 you posted likely does have a realistic sale price of 110k or so. 130-135 is reserved for 15/16 models with LWBs. Those cars aren't seeing MSRP anymore unless they are PTS or have next to no miles, and I think they are helping push down the values of everything else across the board.
It is also a function of supply & demand economics. I was browsing eBay recently regarding GT3 asking prices and I was shocked at the large number of 991 GT3's listed for sale. I'm guessing that many current GT3 owners will be upgrading to the upcoming .2 version. So, more supply on the used car market with a flat (or lessened) demand theoretically should = lower prices. But most of those eBay prices did not appear to be bargains by any means. 991.1 RS asking prices were still sky high - since the .2 RS is not in the pipeline yet and will still be PDK-only.

Regarding the 997 GT3 & RS, I believe the buyer pool for those differs significantly from the 991 GT3 pool. My take, as a somewhat biased 997 GT3 owner:

1. 997 non-RS GT3 asking prices generally remain lower than 991 GT3 asking prices which appeals to buyers like me who don't have $140K+ car budgets

2. The 997 and 991 GT3's offer different driving experiences. The 997 is more visceral and hardcore which appeals to some but not to others. And then there is that Mezger engine / manual transmission thing. Different strokes for different folks.

3. Supply. There are far fewer 997 GT3's than 991 GT3's

4. Demand. There are generally fewer serious buyers in the Fall and Winter than in the Spring. Conversely, asking prices for the really nice lower mileage, clean DME, no-stories GT3's are not declining.

I do believe that in the long term, say 5-10 years from now, that the more analog, less complex 997 GT3 will be the 964 of the future, value wise. Have you priced a well-kept version of one of those lately?

Again, just my humble opinion.
Old 10-09-2017, 01:17 PM
  #30  
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In a bubble IMO I don’t think so, they aren’t building anymore of them and there are more totaled out every day I’d say a good expample of a bubble right now are the 6 speed e46 m3s..
In regards to the 997s hmmmm There are a few right now on sale for over 85k for 7.1 that are great value. I just saw that orange one in the classifieds in SoCal that was built by GMG, I think seller wants 88k. I don’t know the seller but looks legit. Good luck with your hunt, I PROMISE YOU, WHEN YOU OWN ONE, YOU WILL KNOW WHY PEOPLE DONT WANT TO NEGOTIATE PRICES WHEN SELLING THEM YOUR GOING TO LOVE IT


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