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value decrease 997Gt3

 
Old 05-30-2013, 09:09 PM
  #31  
911dev
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Originally Posted by M3EvoBR View Post
Yes it was 110-115 for a low option car... 20 months ago.
I know for a fact.
$110-$115 20 months ago, in a terrible economy for a low spec car. Still a one of a kind sale.
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Old 05-30-2013, 09:16 PM
  #32  
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Originally Posted by drl View Post
Clean low mile rs for 108? Must have been some speci situation cause that has never been normal market value.
No, 2 years ago thats what they were.
I sold my .1 07 gt3 for $76k in march '10.
I sold my .2 10Rs a year ago for 115k

108k was a great buy, but no more than 10k under value at the time, more like 5k.

Originally Posted by Randy M View Post
Someone would have to be in terrible debt to let those cars go for that cheap.
Today yes, 2-3 years ago those were the prices.

Originally Posted by 911dev View Post
$110-$115 20 months ago, in a terrible economy for a low spec car. Totally different universe. Was it tracked? Mileage? Condition? One-off sale?


$108-$115 is quite a range.
110-115 it was 1-2 years ago, yes terrible economy. Those days are over...

7k quite a range?? WTF?
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Old 05-30-2013, 09:33 PM
  #33  
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Originally Posted by 911dev View Post
because the only offers I had on my 2010 white GT3, full leather, DEMs, SPP, BT,<7k miles, non-track, clear bra, no-story car were $100-$102k (one @ $102k) in a spring market post Geneva 991 gt3. Someone happened to want this car and was knowingly willing to pay much more than market to have it; hence fluke imo.
You always have to go through the low ball tire kickers before you get someone with genuine interest who will pay what your car is worth. I recently sold a car that was worth $40K. I was asking $40,900. I got several offers for $35-$37K before I got my $40K. Took about 5 weeks.
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Old 05-30-2013, 09:33 PM
  #34  
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hmmm still does not sound right. i bought my car right about 2 years ago, basically new. but i was also looking at used and i sure don't recall clean low mileage cars in the 110 range. of course a lot has to do with option packages, but most used cars i looked at during that time were nowhere near 110 or even 115.
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Old 05-30-2013, 09:41 PM
  #35  
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Originally Posted by Randy M View Post
You always have to go through the low ball tire kickers before you get someone with genuine interest who will pay what your car is worth. I recently sold a car that was worth $40K. I was asking $40,900. I got several offers for $35-$37K before I got my $40K. Took about 5 weeks.
agreed on the tire kicker thing. my took over 12 months.
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Old 05-30-2013, 09:42 PM
  #36  
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Originally Posted by TRAKCAR View Post
No, 2 years ago thats what they were.
I sold my .1 07 gt3 for $76k in march '10.
I sold my .2 10Rs a year ago for 115k

108k was a great buy, but no more than 10k under value at the time, more like 5k.



Today yes, 2-3 years ago those were the prices.



110-115 it was 1-2 years ago, yes terrible economy. Those days are over...

7k quite a range?? WTF?
WTF maybe. just sayin when someone mentions a RS sold for $108 when it could have been $115k; it's a bit of a range; wtf.
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Old 05-30-2013, 10:10 PM
  #37  
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Originally Posted by Randy M View Post
I recently sold a car that was worth $40K. I was asking $40,900.
The "million dollar" question is how do you (or did you) determine "WORTH". It means a whole lot of different things to different people... Is it Kelly BB or any of those evaluators, is it "asking prices" on Craigslist? What is it? How did you know your car was worth $40K???
I'm trying to by an E46 M3 for my son right now, '04, 108K miles, good condition. KBB says $13.5 but seller says it's "WORTH" $19K. WTF??
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Old 05-30-2013, 10:32 PM
  #38  
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Originally Posted by 911dev View Post
$110-$115 20 months ago, in a terrible economy for a low spec car. Still a one of a kind sale.
Well the bad economy was out there for everyone, the matter is that those were the prices out there.
Bought a grey black car, one owner, low option, but right option to me, never tracked with about 5K miles on the clock. Car wasn't even on the market. I traded my Gallardo for it, and it was even sweeter deal coming out of a POS car to a perfect RS.
Car is now running with another RL, and never broke, no clutch replacement, no over revs past range 1, no coolant leak, no broken engine, just sweet multiples 2:15s around Sebring under traffic.

That's the reality they are worth a lot more now, and I can list several cars around 5k miles with high options sold for 140-145K

I also know/knew of a 14K miles high optioned white GT3 for sale for 94K and car was never sold. No accident one owner. Had only rock chips painted in the lower quarter panel. Car was for sale from spring on... Maybe still for sale.
Market moves around some are lucky some are not.
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Old 05-31-2013, 12:17 AM
  #39  
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Originally Posted by Horstair View Post
The "million dollar" question is how do you (or did you) determine "WORTH". It means a whole lot of different things to different people... Is it Kelly BB or any of those evaluators, is it "asking prices" on Craigslist? What is it? How did you know your car was worth $40K???
I'm trying to by an E46 M3 for my son right now, '04, 108K miles, good condition. KBB says $13.5 but seller says it's "WORTH" $19K. WTF??
It's what they sell for imo. KBB, NADA, Edmunds are of use for some cars but not the GT3's imo because they're too disparate (NADA doesn't even list)

Some guys are off the mark in evaluating their cars. Others just trade them in. It's a game, sometimes it's fun if you have something to sell that's in demand. Other times you've got a dog you can't wait to get rid of and nobody wants it lol.
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Old 05-31-2013, 08:54 AM
  #40  
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Guys

I agree with 911dev. I listed my white 2010 GT3 for 9 months, both on Rennlist and cars.com. No interest at $105.9. Just traded yesterday for a AM Vantage w manual trans. Still have the 12 GTS.
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Old 05-31-2013, 09:11 AM
  #41  
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If you can't afford an $85k 997 gt3, I'm pretty sure you can't afford a $60k one.

It's just a disaster waiting to happen. Not that it necessarily would, but if that motor pops, you're looking at another $20k to replace it.
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Old 05-31-2013, 10:16 AM
  #42  
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Originally Posted by MarkG123 View Post
Guys

I agree with 911dev. I listed my white 2010 GT3 for 9 months, both on Rennlist and cars.com. No interest at $105.9. Just traded yesterday for a AM Vantage w manual trans. Still have the 12 GTS.
Selling a car requires good marketing. Being detailed in description, forthright, taking good pictures, having patience in responding to sellers, flexibility making appointments in showing the car to prospects, good polish and wax and always clean when showing etc.

I don't know any details about your car but if it was clean with no stories and under 10K miles you should have been able to sell it for that price without too much of a problem. Dealers are listing these cars mostly in the teens. They no doubt negotiate down but they're not taking $15K less for these cars.
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Old 05-31-2013, 10:34 AM
  #43  
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^^ this
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Old 05-31-2013, 12:28 PM
  #44  
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Originally Posted by Randy M View Post
Selling a car requires good marketing. Being detailed in description, forthright, taking good pictures, having patience in responding to sellers, flexibility making appointments in showing the car to prospects, good polish and wax and always clean when showing etc.

I don't know any details about your car but if it was clean with no stories and under 10K miles you should have been able to sell it for that price without too much of a problem. Dealers are listing these cars mostly in the teens. They no doubt negotiate down but they're not taking $15K less for these cars.
Yeah sure. Of course these were advertised very well. I know of three 2011, clean GT3s with less than 5K miles, full leather, no story, non-track cars for under $105k. Cars with $125-$135 MSRPs.

My car was gorgeous and optioned perfectly, imho. All sorts of photos, blah, blah, blah. As said took over 12 months to sell.
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Old 05-31-2013, 12:30 PM
  #45  
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Originally Posted by Randy M View Post
Selling a car requires good marketing. Being detailed in description, forthright, taking good pictures, having patience in responding to sellers, flexibility making appointments in showing the car to prospects, good polish and wax and always clean when showing etc.

I don't know any details about your car but if it was clean with no stories and under 10K miles you should have been able to sell it for that price without too much of a problem. Dealers are listing these cars mostly in the teens. They no doubt negotiate down but they're not taking $15K less for these cars.
Really? I talked two dealers down from mid teens to under $107k with ease. You talk as if we don't know how to market a car; please...
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