Possible to get into a .1 for $75k?
#1
Rennlist Member
Thread Starter
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Hey all,
Now that the 991.2 GT3 is available in a manual, do you see being able to pickup a 7.1 for $75k or thereabouts? I have seen cars with stories sell as low as $60k but I'm talking clean, no accident, under 50k mile cars. Tracked is fine. Chips, normal wear is fine. Not bubble wrapped, low mileage cars, those will always bring the $$$.
Lowest 7.1 on Autotrader right now is $85k with 40k at a Porsche dealership.
Curious what will happen when the 1.2's start hitting the used market on the regular.
I know you guys hate value threads but I'm more so asking if you think the 997.1 GT3 will hit my budget over the next year or now?
-Josh
Now that the 991.2 GT3 is available in a manual, do you see being able to pickup a 7.1 for $75k or thereabouts? I have seen cars with stories sell as low as $60k but I'm talking clean, no accident, under 50k mile cars. Tracked is fine. Chips, normal wear is fine. Not bubble wrapped, low mileage cars, those will always bring the $$$.
Lowest 7.1 on Autotrader right now is $85k with 40k at a Porsche dealership.
Curious what will happen when the 1.2's start hitting the used market on the regular.
I know you guys hate value threads but I'm more so asking if you think the 997.1 GT3 will hit my budget over the next year or now?
-Josh
#2
Nordschleife Master
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unlikely
#3
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same here in South FL. Only one purchase that I know of ...6 months ago, not advertised, Guards Red, 40k or higher miles, needed roughly $3-4K in service, coolant lines not pinned/welded. Purchased thru a close car broker friend ...$80K.
I'm sure had that car been advertised, with some minor maintenance... $90K or more
I'm sure had that car been advertised, with some minor maintenance... $90K or more
#4
Rennlist Member
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A 75k GT3 is not a $75k GT3. You would soon find out once in your possession.
My $8,800 2001 BMW 740i was the most expensive car I ever purchased.
My $8,800 2001 BMW 740i was the most expensive car I ever purchased.
#5
Nordschleife Master
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^ great point!
#6
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Anything is possible. In my experience buying a quality car for more money is always cheaper than buying one with a lot of needs at a "bargain" price.
That said, if you have 75 cash ready to go sometime someone needs to get out of a car quick and they are willing to let it go at a discount.
996 GT3 prices are now trending uploads, which is the low end pressure on the 997 prices to push upwards because 997 GT3 > 996 GT3.. so we are at a near bottom of the 997.x prices. 991 prices have no bearing because its a different price category altogether.
That said, if you have 75 cash ready to go sometime someone needs to get out of a car quick and they are willing to let it go at a discount.
996 GT3 prices are now trending uploads, which is the low end pressure on the 997 prices to push upwards because 997 GT3 > 996 GT3.. so we are at a near bottom of the 997.x prices. 991 prices have no bearing because its a different price category altogether.
#7
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I see your logic with the 991.2 manual. Regardless I do not believe the 997 GT market has any meaningful connection to the 991 market. The market a decade ago was very different and prices of 6 and 7 GT cars are firming up while 981/ 991 GT guys can't get to the exits fast enough to catch a falling knife and buy the next batch made PTS GT model. Porsche has taken planned obsolescence to a level that would shock even Apple. In short no.
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#9
Burning Brakes
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I think it is unlikely to find one for around that price unless it needs a lot or has some sort of history attached to it. I think for that price range a well kept 996 GT3 is the one to get!
Last edited by 405; 04-08-2018 at 11:04 PM.
#10
Racer
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If you don't mind having a branded title 997 GT3 you might find something half decent around 75K.
However, long term, that 75K would be much better spent on a clean 996 GT3.
However, long term, that 75K would be much better spent on a clean 996 GT3.
#12
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Appreciate the insight all. This was the $85k GT3 I was speaking of, dealer ended up posting it here: https://rennlist.com/forums/vehicle-...7-911-gt3.html
Sounds like with a bit more miles, not through a P dealer, $80k might be possible. I'll have to just keep an eye out and be ready to jump on a deal.
Sounds like with a bit more miles, not through a P dealer, $80k might be possible. I'll have to just keep an eye out and be ready to jump on a deal.
#13
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Jmann,
Anything is possible. There was a nicely repaired, salvaged title .1 GT3 that sold for $65K on here in a day (last year). It was a well documented repair, front end damage and updated to .2 GT3 parts. Keep in mind that insurance and financing a salvage title vehicle can be problematic.
Just for reference I purchased a .1 GT3 in September of last year through RL after months of searching for the right car for me. The vehicle had 55k street miles on it, the asking price was $90K. From my experience, I found that any GT3 that is not sold through Rennlist or a reputable P-car dealer has a back story that isn't typically pleasant or forth coming. Almost all of the "good" cars are sold through RL or the few reputable Pcar dealers.
You get what you pay for with these cars. The value of the car lies in your perception. DME report, vehicle history/mileage, type of use, service history/documentation, number of owners, original purchase sticker/documents, modifications, etc. Each item carries a certain weight or value to each owner, for his/her use (garage queen, track car, daily driver, weekend driver).
I wouldn't hesitate to pay 10-15% over your target price to get a "good" car.
Just my $.02
Anything is possible. There was a nicely repaired, salvaged title .1 GT3 that sold for $65K on here in a day (last year). It was a well documented repair, front end damage and updated to .2 GT3 parts. Keep in mind that insurance and financing a salvage title vehicle can be problematic.
Just for reference I purchased a .1 GT3 in September of last year through RL after months of searching for the right car for me. The vehicle had 55k street miles on it, the asking price was $90K. From my experience, I found that any GT3 that is not sold through Rennlist or a reputable P-car dealer has a back story that isn't typically pleasant or forth coming. Almost all of the "good" cars are sold through RL or the few reputable Pcar dealers.
You get what you pay for with these cars. The value of the car lies in your perception. DME report, vehicle history/mileage, type of use, service history/documentation, number of owners, original purchase sticker/documents, modifications, etc. Each item carries a certain weight or value to each owner, for his/her use (garage queen, track car, daily driver, weekend driver).
I wouldn't hesitate to pay 10-15% over your target price to get a "good" car.
Just my $.02
#14
Rennlist Member
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my cheapest purchase price 7.1 gt3 turned out to be by far the most expensive one to 'make right' - $40k later (seats, interior, clutch, paint, sunroof, coolant lines, seals, dme, exhaust, harness bar, belts, rotors/pads, tires...) it was finally 'right'
conversely, i bought a lovely minty track prepped 7.2 gt3 a year later that was a little over market, and that car has not needed a single thing other than oil change and gas
both are brilliant cars now, but i would highly recommend path 2 over path 1
#15
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There were two in the classified in the fall of 17 for ~80k that sat for a while. Both 7.1's, black, with 40k+ in miles. Not sure what they were condition wise but take a look there for real world examples.