j4kethedog

I found a car I may finally pull the trigger on. The price is right... well under market value for these. I am not a garage queen collector, nor a racer, but want one of these for spirited weekend driving and may casually race it some day. The car in question has VERY low miles, but lots of suspension mods (no original parts included), and recently even got a new engine! Your quintissential track "beater" (though cosmetically it looks very nice.) Assuming the car runs great and is in good cosmetic condition, will these aspects kill its value? I know Porsche buyers can go to big extremes to make sure they aren't buying anything but an all original, unmolested car, etc. The dealer is also offering it with a warranty...

What do you guys think? I'm not super rich, and one of the big draws to these gt3s is that I can enjoy my favorite sports car and not worry (as much) about the deprecideprecian. My last one was a c7 z06 and even with insane discounts, I lost about 30% on it. I know that cars are NOT investments, I understand that... but is this gt3 basically worthless with the new engine and sketchy history? Or is it quite the opposite?

Thanks!

-eztrader-

May be tougher to re sell down the road. If not losing money is the goal - keep searching.


Just my opinion

j4kethedog

Thank you, much appreciated. Anyone else? Curious to hear both sides. Or if this is pretty cut and dry I will indeed walk.

motopt22

That car recently got a large price drop ( Texas car right?) - I believe there is another post on that car here, but I wasn't able to find it because I am old and not rennlist savvy! Good luck.

noro78

Without any specifics mentioned. you getting in at a discount so you will get out of it at a discount too. In terms of % I would imagine you will gain or loose the same as other GT3s.

GM.RS

It sounds to me like you found a good deal on a car you want, and all of the stuff you mentioned won't get in the way of your enjoyment of it.

As for resale...

• What is the story on the engine? How long ago?
• What does the warranty cover? How long? Is it transferable? Who is it through?
• What do you think it would cost to "return to stock" on the suspension? Is it a reputable brand?

jackb911

It appears that this the car you are considering:

https://www.momentumporsche.com/used...gurus_listings

Check page 138 and beyond on "The 997 GT3/RS Cars For Sale" thread at the top of the page for additional discussion if so.

Caveat Emptor.....

j4kethedog

Yes. Was not trying to discuss that aspect (lol) because the last time I hesitated on one of these it sold while I was securing my financing! Literally minutes off. The car is hugely discounted, but as eztrader pointed out, I feel like it would be difficult to get a private party sale down the road. The suspension is all tricked out (guy was even running oversized hoosiers on it) and, well, he blew the motor.... but 12,000 miles and that price... new motor, warranty even. Seems like it's still a bit of a deal. So I yield to the sage advice of the rennlist guys. I follow this forum regularly but do not post much. You all are great. Thanks again for any opinions you may add.

j4kethedog

WOW you nailed it! I checked page 138, and there it is. Doug seems like he really knows his ****, and said the car is probably worth 80ish...

So the real question is: If I bought it for 80 (9 below asking,) would there ever be another person who is willing to pay similar money for this car? Seems like it might be smarter to just pay 100ish for a really clean one, but I am really a noob here...

Crate engine = not Porsche, right? So does that = not Mezger? Not as good in any way? The term "Crate engine" is pretty vague, especially when dealing with one as legendary as this.

KenyonM

Fisher

PCCB replacement needs to be considered with a tracked vehicle.
If you're lucky, the previous owner used after market or steel brakes on the track.
New pads can obscure damage to the rotors.
$4K at each corner is a big price for rotors. Fried caliper pistons require a lot of labor to fix.

limitedslip

This car doesn't have PCCB. It's an original steel brakes car that for some reason has yellow calipers.

j4kethedog

Thank you everyone for the input. I think I'm going to pass. Back to the waiting game!

BryanCO

j4kethedog

I agree that the lower entry point will cause the value to be a wash, but I think what really scares me is the term "crate engine." If the engine in that car was not built by Porsche then I don't think I'd want anything to do with it for over 50k. Correct me if I'm wrong.