When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Hey everyone -- been slammed with work but I'm still here and the Registry is going strong!!
Hoping to provide an update on this soon so everyone can track progress, and maybe even share something cool. Stay tuned and thanks to everyone for supporting this!
What is the point of keeping the non-confidential information (such as options, VIN (or a subset of it), color, etc private? Would that not be a registry then? Just a private database that only the creator (@haripin) has access to but nobody else does? I don't understand the motive if the owners or public can't also view the non-confidential portions of the database?
About to purchase a 997.2 GT3. Would be nice to see production numbers, etc.
What is the point of keeping the non-confidential information (such as options, VIN (or a subset of it), color, etc private? Would that not be a registry then? Just a private database that only the creator (@haripin) has access to but nobody else does? I don't understand the motive if the owners or public can't also view the non-confidential portions of the database?
About to purchase a 997.2 GT3. Would be nice to see production numbers, etc.
Hey congrats on the purchase --- would love to get you on the registry when you make the purchase.
The Registry is going strong although work over the last 8 months was insane for me and this had to take a back seat. I've moved jobs and I plan to kick this off again soon.
The point of the Registry is to share the non-confidential information at some point. I am working on getting infrastructure in place to display the Registry in a cool and useful way. I also got this started so that the members of the Registry could have a voice in deciding how to shape it, and not just have me be the shot caller. There is some work I need to do to get infra in place so that more of the Registry members can have a voice in this, so please stay tuned.
In the meantime, please send me your specs on your 7.2 and I'll happily add you to the growing Registry. Ty!
Hey congrats on the purchase --- would love to get you on the registry when you make the purchase.
The Registry is going strong although work over the last 8 months was insane for me and this had to take a back seat. I've moved jobs and I plan to kick this off again soon.
The point of the Registry is to share the non-confidential information at some point. I am working on getting infrastructure in place to display the Registry in a cool and useful way. I also got this started so that the members of the Registry could have a voice in deciding how to shape it, and not just have me be the shot caller. There is some work I need to do to get infra in place so that more of the Registry members can have a voice in this, so please stay tuned.
In the meantime, please send me your specs on your 7.2 and I'll happily add you to the growing Registry. Ty!
Cool!
It seems like you could use google forms to upload info to a google sheet.
Then you could have the google sheet duplicated and strip out confidential info.
Then you could share that google sheet without the confidential info.
All types of graphs and pie charts could be created.
Maybe I am a data geek but doesn't seem too complex.
I lost the bid on BaT yesterday. Bid to $188K and it went for $191K. With fees and delivery, I was over $200K - steep for a 997.2. I have found two more examples that I am viewing now and I think a deal is imminent.
Would be nice to see a database to make more informed decisions on how "rare" cars really are.
Last edited by ryneodonnell; 03-22-2024 at 03:48 PM.
Reason: add info
It seems like you could use google forms to upload info to a google sheet.
Then you could have the google sheet duplicated and strip out confidential info.
Then you could share that google sheet without the confidential info.
All types of graphs and pie charts could be created.
Maybe I am a data geek but doesn't seem too complex.
I lost the bid on BaT yesterday. Bid to $188K and it went for $191K. With fees and delivery, I was over $200K - steep for a 997.2. I have found two more examples that I am viewing now and I think a deal is imminent.
Would be nice to see a database to make more informed decisions on how "rare" cars really are.
I was watching that auction close with a friend, was pretty entertaining. It really made the PTS car that switchcars listed and sold in 3 hours seem like a screamin deal. As time goes on, the rarest cars are going to be the ones in the best condition. I was just steam cleaning the suspension on my car yesterday, and even though I take care of the car and don't drive in salt, there is still a lot of grime and things hiding in places that can cause cosmetic corrosion. The more we all use them the more patina they will have. I guess what I'm saying is, if you can find one that is actually minty you won't need the data on the spread sheet to know it's rare. You'll find one! They aren't so rare that they can't be bought with a $200k budget.
I was watching that auction close with a friend, was pretty entertaining. It really made the PTS car that switchcars listed and sold in 3 hours seem like a screamin deal. As time goes on, the rarest cars are going to be the ones in the best condition. I was just steam cleaning the suspension on my car yesterday, and even though I take care of the car and don't drive in salt, there is still a lot of grime and things hiding in places that can cause cosmetic corrosion. The more we all use them the more patina they will have. I guess what I'm saying is, if you can find one that is actually minty you won't need the data on the spread sheet to know it's rare. You'll find one! They aren't so rare that they can't be bought with a $200k budget.
Thank you sir, appreciate it! Was really an exciting auction.
I agree the right car will come up. A clean 2010 GT3 White/Black/PCCB/Carbon Buckets was on my list at $188K but the seller took it off consignment shortly after the BaT auction. He now thinks it is a $200K car. Oh geez! hah.
Thank you sir, appreciate it! Was really an exciting auction.
I agree the right car will come up. A clean 2010 GT3 White/Black/PCCB/Carbon Buckets was on my list at $188K but the seller took it off consignment shortly after the BaT auction. He now thinks it is a $200K car. Oh geez! hah.
how many miles? Recent sales show that 997.2s are already $200k cars.
how many miles? Recent sales show that 997.2s are already $200k cars.
What recent sales show they are above $200K?
These cars are being hyped. The recent sales do not show they are above $200K on average. A few outliers is different than "997.2s are already $200K cars". Frankly, the hype on BaT doesn't always show market - it shows a gambling casino type interaction where people keep justifying "just $5K more" to win the auction. I know, I've bid up real close to $200K and the cars really aren't worth that in a normal environment. They will be one day, but the data shows they are not today.
Car had 21K miles. Should have been a $180K car all day. See attached. But hype and 5 guys like me wanting one car and the click $5K more thing and you get above market values. Same thing happens in corporate M&A... get 3-4 bidders on a business and FOMO creates outsized corporate values.
PTS cars should be omitted from the average (so the average is even lower than $180K) and the white car was a frenzy car.
The market is interesting with these cars but it seems a clean car without a frenzy or PTS should trade around $188K.
so exclude the cars that had unusually high interest, but include the cars that had unusually low interest?
Exclude PTS, but use a straight average across various mileage cars even though mileage depreciation is not linear?
I think I was guilty of using the same logic when I was buying.
PS. You’re missing the $280k sale of the riviera blue car. I assumed you were already excluding PTS.
so exclude the cars that had unusually high interest, but include the cars that had unusually low interest?
Exclude PTS, but use a straight average across various mileage cars even though mileage depreciation is not linear?
I think I was guilty of using the same logic when I was buying.
PS. You’re missing the $280k sale of the riviera blue car. I assumed you were already excluding PTS.
I mean - with the PTS car in my data set, the average excluding fees is $180K. You're saying $200K. So I just think the average is the average. It is $180K.
You're right, we should exclude all PTS samples if we aren't buyers of PTS cars. So the average is even lower than $180K. That includes the high frenzy white car recently, which admittedly I lost and I think was slightly overpaid for.
997.1 with squeaky clean DME and 25K miles just sold for $120K on BaT. The average for those cars is now at $127,174.
It's just math here. I'll include the frenzy car and still the math is the math.
Attached are the 10K - 40K mile cars in non PTS. $169K.
Last edited by ryneodonnell; 03-28-2024 at 05:48 PM.
Reason: additional data
I tried to PM you but I’m guess I don’t have enough activity. Please pm me. I have a 2011 GT3
this is what it says when I try to pm you. Email me. Ryneo (at) mac (dot) com
Please Note
ruvim_sty has chosen not to receive private messages or may not be allowed to receive private messages. Therefore you may not send your message to him/her.
If you are trying to send this message to multiple recipients, remove ruvim_sty from the recipient list and send the message again.
11-13-2023, 10:05 PM
