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I guess I shouldn't even be surprised anymore to see these ending bids on 997.1 GT2s...truly the 'forgotten' 911.
Don't forget that an ending bid of $191,997 means $196,997 total cost to the new owner after factoring in BaT's $5000 buyer's premium (5% up to 100,000, then flat). I guess this really is the market price no matter what we think as GT2 snobs.
Well, there doesn't seem to be a premium for 2009's as far as I can see.
Agree with Steve, values seem stuck sub $200k seemingly regardless of miles, seats, DME, or model year. I thought for sure this latest car would fetch a 2-handle. It is what it is at least for now until the dollar gets devalued further, then we will start getting our numbers, but no joy in it that way!
In the meantime, time to go for a nice drive and enjoy!
updated spreadsheet with the dealtank car and a trendline added to the chart:
With the $5k buyer premium, the dealtank car changed hands at $205k
Its easier to visualize with the trendline that values are not flat, but instead have been steadily rising.
Another way this dataset seems to defy common market perceptions:
Average sale price of bucket cars: $175,352
Average sale price of sport / sofa cars: $194,331
even if we delete the lower 2019 and early 2020 bucket sales, the bucket cars only averaged $177,317
all the higher dollar cars except the very latest dealtank car was sport / sofa seat equipped.
Lastly, mileage...schmilage...really, at these low mileage readings, relative mileage doesn't seem to matter.
If you have a 13 (or 14) year old car, and only drove it 3k miles a year, you would have 40k miles on the clock, significantly more than any of the cars we know to have recently sold:
Admittedly, we have a very small dataset to work from with so few cars in existence and hence so few sales, especially through sources where the sale price can be known.
Anybody fancy the last manual GT2 and one of the last manual RS cars ever made? Also one of the last Mezger engine road cars ever produced. Number 500/500 GT2 RS with only 378 miles on the odometer.
Wow 500/500 that is literally the last of the breed!
Rather than being on a relatively hard to find "make offer" page on Merit's website, it really ought to go on BaT.
Would make huge press and insane numbers!
There are some very very deep pocketed buyers right now who likely aren't on Merit's mailing list or would even necessarily be looking for a 997 right now.
Funny to me that 500/500 GT2RS has the adaptive sport seats, but I would just swap them out as I did on my own 997.1 GT2. Dare to dream...that car must be worth a HUGE amount of money.
I feel that the 997GT2(RS) is more of an all around, mixed street / track “one car does it all” vs. the 997GT3(RS) which shines brightest at the track, and so it makes sense in that capacity that the sport seats bring more money than buckets (see post #308 above).
The biggest shame with #500 is that it only has 137 miles, but hopefully, the next owner will change that, and enjoy the seats for more than 20 minutes at a time.
Hope it gets sold on one of the auction sites so we can witness the fireworks. This is a very special car indeed!
04-21-2021, 09:03 PM
