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Prices continue to be strong for 7.1 GT3s

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Old 11-24-2017 | 08:28 PM
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Default Prices continue to be strong for 7.1 GT3s

https://bringatrailer.com/listing/2008-porsche-911-gt3/
Old 11-24-2017 | 08:42 PM
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Wow!
Old 11-24-2017 | 08:44 PM
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that price makes no sense. i can see a lot more GT3s showing up on there now.
bringatrailer of money.
Old 11-24-2017 | 09:29 PM
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If we are going to be seeing 200K 991.2 GT3's, (and we are), it makes perfect sense.
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Old 11-24-2017 | 09:47 PM
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Wasn't this the second time that car was listed on that site - and the first it didnt get much over $80k? Something is definitely not correct in that.

If you search Porsche.com and Cars.com, there is not one 07-08' within $10k asking price of what this car sold for. $119k being the highest on those sites, and you can't tell me a 19k mile car is a car that deserves the highest market price.

Not doubting the resale is good on these, just questioning the validity of this sale.
Old 11-24-2017 | 10:58 PM
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Originally Posted by redmonkey928
Wasn't this the second time that car was listed on that site - and the first it didnt get much over $80k? Something is definitely not correct in that.

If you search Porsche.com and Cars.com, there is not one 07-08' within $10k asking price of what this car sold for. $119k being the highest on those sites, and you can't tell me a 19k mile car is a car that deserves the highest market price.

Not doubting the resale is good on these, just questioning the validity of this sale.
Agreed.

If this is actually real and someone pays 130k for that car, they are a fool. Plenty of other 997.1/2 GT3s out there in better condition for less money.
Old 11-24-2017 | 11:46 PM
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Dang Time to list my 20k mile 997.1
Old 11-24-2017 | 11:57 PM
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Considering putting my 997.2 RS on the site

The market is speaking
Old 11-25-2017 | 08:48 AM
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Originally Posted by MRH
If we are going to be seeing 200K 991.2 GT3's, (and we are), it makes perfect sense.
Agree with the new GT3 pricing. Even base 911s!
Old 11-25-2017 | 10:03 AM
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I do remember when the 991.1 3rs was trading 100-150k over list; the 997 rs’s started to jump some. But this does seem like an all time high for 997.1 gt3s; they haven’t seen this level since they were new. Looking like .1 and .2 cars (gt3 and RS) are all but flat.

The spread between bottom and top of 997 GT lineup is compressing. 4.0s are probably the furthest off their highs. 996/997.1 gt3s making new highs.
Old 11-25-2017 | 11:53 AM
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Originally Posted by audipwr1
Considering putting my 997.2 RS on the site

The market is speaking
Likewise. Do they accept Canadian cars?
Old 11-25-2017 | 12:02 PM
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I saw this auction, I was rather surprised. The last two Gen 1s have gone for $110k and $130k respectively. I wonder where that puts 997 Gen 2 cars. The market has gotten a bit soft since the summer for most 997 GT3s but are 997 Gen 1s getting more valuable?

I love both generations of 997 GT3 and chose the Gen2 purely on “relative value”. I think the gen2 is the better looking car but aside from, the subjective, it is undeniably the fastest, most advanced version of the great Metzger motor and car to wear a Metzger motor which is a definitive part of Porsche history and ethos. Is the market telling me I am wrong?
Old 11-25-2017 | 12:59 PM
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Originally Posted by audipwr1
Considering putting my 997.2 RS on the site

The market is speaking
had to pull the trigger with my air cooled as the market was just too good. got 4x my purchase price.
Old 11-25-2017 | 01:03 PM
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Agreed. I'm wondering if there is just more data on the 997.1 cars vs. the .2s because more .1 cars have been on the market. If anything the .2 should have a premium on the .1. I don't know why they wouldn't.
Old 11-25-2017 | 03:08 PM
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Originally Posted by RSA964993
Agreed. I'm wondering if there is just more data on the 997.1 cars vs. the .2s because more .1 cars have been on the market. If anything the .2 should have a premium on the .1. I don't know why they wouldn't.
I think that premium is and will continue to get tighter over time. The performance difference in another 10yrs will be negligible. They will both be different versions of slow, clunky and throw-back feel. I’m coming from it unbiased as I have a gen 1 and gen 2 997 GT Car. I like both gens for different reasons. I think the 997.2 plane Jain gt3 is the softest/most mellow of all the 997 3/rs variants; it’s the best DD roadcar.


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