JMon

My 997s decided to self-destruct. (Cracked block at Sebring)
Anyway I've decided I need a GT3, I found the following, of questionable value.
2007 with a salvage title. It is now fully repaired and for sale. I located the picture of the car’s accident. Approx. 30000 miles. To me, this looks like only minor damage.
1) Would you trust this car?
2) Would you suspect this was only minor damage? (Door airbag did deploy)
3) Given the salvage title situation, how much does that devalue the car in terms of resale?
4) What do you think this is actually worth?

Izzone

If tub was straight

$50k

Serge944

Anything can be fixed - you gotta treat it on a case by case basis. Some food for thought, a pretty nice salvaged track-ready 997 GT3 recently sold for around 50k.

LVDell

I find it hard to believe that that rear quarter "ding" is what totaled the car. Personally, I would never touch a salvage title car. If you do, understand that future sale will be damn near impossible.

My biggest worry from a hard impact that could have been the reason for the total is the gearbox and more importantly, the motor being compromised. That is serious $$$.

997gt3north

There are a few questions you need answered before you can even guess a value:
1) who did the work?
2) do they have pictures of the work done - good shops will do this for insurance reasons
3) do they have pictures of the car on a 997 frame rack (requires engine to be removed) and thus proof that they can show you that the car has no frame damage (pins go in and come out easily if the frame is true)
4) can they show you a bill for everything done - parts order from porsche (this is a must)

If they can show you all of the above, then you can be talking about a price that is below a non-crashed car but the discount will be not huge.

If they cannot show you all of the above, then the price of the car is the value of the parts used minus the labor to dismantle the car - there are others on here that might be able to give you a better guess than I on that price but if I had to guess that price it would be $20-$35k.

You need some good information to be able to narrow the price.

If it was done well, with no frame damage and picture proof of this, pictures of the work done, list of parts purchased from porsche, previous owner information with details about engine and tranny, then if all of the above checks out then maybe $55k at the upper limit - but that is a lot of 'ifs' - and this upper limit would also mean that you have got information that gives you comfort on the engine and tranny.

Do all the back ground work and if the price is right for you then it might be a good opportunity - otherwise move on.

Earlierapex

I bought the track ready salvaged gt3 for 52.5k. It was fixed right and is a fantastic car. My thought was "why abuse a nice gt3 at the track?" i've been racing for 15 years and the track beats the hell out of all the "nice" parts of a car - mostly paint. So you are spending money ($30k+) on parts (paint and pedigree), you plan to ruin?

With a salvage/track car you can put in a real rollbar/cage and brakes and drive it like you stole it without worrying about how you are going to clean off tire turds.

Its really easy to straighten a car and do an alignment. If it shifts well and the engine is in the right spot with good leakdown, go have fun!

JMon

Ahh the dealer just sold it.. I think it went for low 50s
Your right about NICE track car thing. Really, cars get beat to hell at the track.

Anyway, anyone know what the normal sale price for a 2007 GT3 is now? Not the advertised price but the actual sale price? I'm thinking mid 60s to mid 70s
Any guess what may happen to the price when the new 991 GT3s hit?

tcsracing1

that was a $40000.00 car needing a 10-15k repair. Not a bad fix.

Low 50's back on the road is where one would want to be, otherwise look for and pay an extra 15k for high mileage clear title example.

Serge944

Glad it worked out! I was considering that car myself.

pewter82

I've not seen any non salvage 07 GT3's going for mid 60's . There was a high 50K mile car that went in the low 60's a few months ago.
I would say mid to high 70's for a decent 07 car is about right. Some may be trading for less in certain circles, but its hard to guage that pricing.

philooo

I have seen this car on craigslist a couple of time, where the seller claimed it was a 'theft' rebuild title
but then when I searched online for it I saw the damage was more than theft.

seems like the dealer bought it for $40k ?
http://www.ridesafely.com/Inventory....CHE&officeID=4

I think $50k is value IF you can get photos of the repair indeed. looks beat on the photo and airbag deployed on the side

wisky

Someone above suggested the car was worth $20 - $35k? That is way too low, I will buy a repaired 997 Gt3 with a branded title for $20 - $35k all day long!

FWIW, I think a salvage branded title is a 20 - 30% deduct from the value of the car if it had a clean title.

On Pole

I got my salvaged 997 GT3 with 6K miles on it in mid 2009 for $70K. It was the best car that I have ever owned!

I would not buy another salvaged car due to resale issues.

philooo

yep, you need a steep discount, because resale will be a bitch.. most gt3 buyer have the additional $$ to buy clean history cars

sterlingc1975

Wonder what values would be today