Boostede36

Thanks, but the GT3 is the only car I’m interetsed in. I actually have a F80 M3 in manual so it has the same power plant as the M2c that I have enjoyed for the past 5 years, but time to move on.

bweSteve

I agree with PK911 that this GT market is highly abnormal,... but I also believe it is due to sooo many other factors outside of the car collector/enthusiast/Supply/Demand environment. Clearly we can see abnormalities in all other sectors of our economy. And so because of that, I mostly agree with Robocop's comments,... specifically regarding the 997 GT market. Even when (maybe "if") the economy bubble bursts (& all other aspects of our lives change dramatically), & we see a correction in all other facets of our lives,.. there will still only be so few 997 GT3's that the OP can choose from. I saw this exact same thing happen with the 964 Turbo market. And now it has been VERY dry for over 6 years. Barely one or two come up for sale PER year.

My own additional personal anecdotal evidence comes from outside of this Rennlist community. I know several 997 GT3 owners (PCA members), who do not spend any time on social media platforms, but are completely dedicated to their 997 GT3 & will not sell it. They are older folks & long time Porsche owners. They are not new to the concept that the 991 GT & newer cars are just sooo good that they have lost some of the engagement appeal. They are not selling no matter the market pricing.

Obviously we see a current limited supply of 997 GT3's for sale, and that is happening EVEN WITH the high prices we see now (as an incentive to sell). Even if we do have a future mild or gradual correction in the economy and 997 GT3 prices stabilize, there will still be a very limited supply of sellers. And we know sellers, once they hear their car has hit a high water mark value,... its hard to ever get that number out of their head.

Oh, and another thought I had on the GT3 market specifically. I get the daily Super Car Sage market reports (I study them every morning),.... and it is fascinating to me to still see the delta between 991.2 GT3's, and the non-RS 997 GT3 prices. It still seems to be abnormally high of a gap to me. I specifically target and compare against the 991.2 because of manual transmission. Many folks who would want, or could accept a manual transmission would shop those two variants. And as soon as they see the mid 200 price points (for comparable mileage in the 10k - 25k range), it becomes immediately clear they should buy a 997.

So to the OP, yea, I would buy now. Sounds to me like you're willing to spend many years sorting out a car that has been "driven hard & put away wet". BUT, like you said, if that car has decent (or restorable) paint, & no prior accidents,... then all the rest can be replaced or refurbished (especially if the engine is solid). The question of S title is one that I try not to give advice on. Personally I could live with a S title no problem and drive the car for decades without hesitation or regret.... but I also think that is a very personal choice. And I have a hard time letting go of any car I buy. It usually takes me many years to determine what car to buy next (I over analyze everything) and I have patience during that process,... but then once I do, I usually keep for a looooong time.

Good luck Boostede36!!

vma1788

It doesn't look too bad. I've had many high mile cars before and did not regret it. Plan for an engine out service and do the standard stuff: Welded lines, LSD, Clutch, maybe RS gears, and whatever else. These engines last forever. Offer 80k, spend 7 on getting it up to snuff and then drive it unlike all the folks buying 2k mile GT3s then parking them forever.

I am an avid car market watcher/loser, and I don't think you will be buying any sub 50k mile 997 gt3 for less than 100k ever again. I just bought mine for more than i was offered a .1 RS 1.5years ago. Sad, sure. But I wasnt willing to risk it being even more in the future.

Robocop305

Totally agree with the above two posts! Well said.

craina

As described by OP this car will take much more than $7k to get up to snuff.

Boostede36

Car sold for $95k, unfortunately not to me.

Auto_Werks 3.6

Seems like a fairish deal, but I wouldn't lose sleep over missing out. Neglected cars always seem to be more trouble than they seem. I bet It would have taken at least double what you were expecting to make it right... and then you still have a high miles example.

christallon

Why not buy Drola's car. I know many have said the same thing. The value is there, along with the history. It's a car you can drive without worrying about future value. If it's a driver you want, this car is it. Buy it now on bay for $100K or call him directly and see if there is a better deal to be done. Good Luck

FrenchieDadRS

Yikes. Sorry to hear you missed it. I think $95k is actually a great deal for the car...
Does not sound neglected to me at all. Interior, especially alcantara, wears very quickly. for 100k miles car, its expected interior to be torn a bit.

Leaks -- again, if the car is mechanically sound, leaks or whatever are just service/maintenance items at those miles. Car would run like a piece of turd if not maintained. Sounds like Seller used it as a daily driver.

OP -- if you are really after a .1 GT3, jump on it quick, on the next find. Dump the M3 if you have to.

I would love to find a 150k miles GT3 so I can abuse the **** out of it, break it, rebuild it, and do it again.

misterdega

Drola's car is the answer.

If I was in the market, I would be buying it.

Robocop305

I agree, hit up Drola. I bet he will work with you a little on the price.

vma1788

Meh, at 95k I would sooner make a 120 offer on the car listed on car gurus in CA. Shop owner, 55k miles, nice upgrades.

Robocop305

I saw that one. Go for it before someone else jumps on it. These moves very fast.

Auto_Werks 3.6

I'm sorry, but a car being listed for sale with a bad clutch and needing a transmission rebuild is the definition of being neglected. Owner cant even be bothered to fix major problems before listing for sale? crazy town. These aren't WRXs that kids sell on facebook marketplace with blown engines.

christallon

I know that .1 RS from 1.5 years ago Thank You. In any case, I'm sure your black .1-3 is awesome. I love the narrow bodied cars...