Upscale Audio

Hey folks

What has the trend been in the last 12 months on GT3 prices? Looks like very slow minor depreciation?

I sold my 997 C4S to get a 991GTS and I miss it. So if I jump to get a GT3 it would be nice if appreciation was in the cards in a few years. I had a Ferrari Challenge Stradale and as soon as I sold it they starting going through the roof. Go figure.

757driver

Clean examples will hold value in the short term and experience minor appreciation in the long term in my humble opinion. The prices have softened very slightly in the past 1-2 years. I believe this to be a normalization of the over inflated prices 3-4 years ago. (Right when I bough in of course)

RAudi Driver

You're buying the car for the wrong reasons. They aren't going to appreciate enough to offset the cost of owning it.

limitedslip

delete

Steve Theodore

I do agree with this statement, but if the goal is to own a car you enjoy MORE and experience limited depreciation and possible minor appreciation, the 7.1/.2 GT3 is a good hold, especially relative to the world of 991 depreciation. But RAudi Driver's point is solid, meaning you should really WANT the car too.

Marv

They offer an outstanding return on investment for joy.

But not much else.

misterwaterfall

Consensus after reading a few of these threads: if you’re an owner, they will shortly be worth a million dollars. If you’re in the market, they will soon be worth that of a base model Toyota Camry.

jonwb

Upscale Audio

Not sure why you think that's the reason I'm buying it. I'm buying a 997 because like them...like you do I suspect. Sold my old one and miss it. So if I'm buying a C4S, GTS, or GT3 I'd rather make a good financial move too. That's it.

I've owned plenty of cars so I'm well aware they are never an investment.

WantA997

A GT3 is not going to appreciate anytime soon.

noro78

These sort of cars will rarely outperform something as trivial as S&P500, especially when you factor in mantnance, insurance and other potential liabilties... It's not a way to make money, however it surely beats getting a brand new S class. 997 GT3 will always hold value well because of their relative rarity and I would imagine that the curve will begin to rise in the next 5 years. But if you are looking ways to make money I wouldn't spend it this way. I do not believe the prices will go down much from this point onwards assuming no big surprises in the econonmy.

Bxstr

Right now these cars are in the $85-100k range depending on how clean of a car you want. I can't see these cars appreciating in the next year or even the next 5 years. I am guessing they come down a bit more in the next 1-2 years before stabilizing probably in the $80s. With the new 991.2 GT3 having a 6 speed and 4 liter, and plenty of them being made you just aren't going to see the crazy values that people may have been expecting if it was PDK only.

Also depends what the next GT4 is. I could see some people wanting to get into those and selling their GT3's which may cause more cars to come into the market, lowering prices.

flsupraguy

996 and 997 will likely slowly rise, especially since they bought way too many 991 gt3's.

If you want one I would buy one now

bweSteve

just curious if your comments are focused more-so on the .1's, verses .2 ,... since I didn't see a distinction. Or maybe applies to both from your perspective?

... although as drivers, my wife & I recently made our .2 purchase under the assumption that it would certainly depreciate over the next decade plus of ownership. That worked for us with our '91 964 Turbo,... and we could always sell that car to offset any big loses as we enter into retirement in the next 6 or so years. And to be honest with myself, we've never bought any "cars" with any expectation of "making" money. The upkeep, maintenance, insurance, taxes, etc will always force a loss,... but life is too short to NOT to participate in owning such enjoyment! There are plenty of other good ways to find ROI outside of cars. Drive them & enjoy. I am very lucky to have a wife partner who loves banging gears just as much as I do. I thank her Dad for that (RIP Pops).

Subscribed.
=Steve

Bxstr

I should have clarified, .1's only since that is where I am spending my time focusing. .2's are $110k for the nice ones. I don't see a .2 being sub $100k, or at the very least sub $90k.