value decrease 997Gt3
Drifting
Joined: Jul 2009
Posts: 2,650
Likes: 8
From: Atlanta
Rennlist Member
Joined: Jan 2008
Posts: 29,896
Likes: 2,104
From: S. Florida
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.
7k quite a range?? WTF?
Race Car
Joined: Oct 2002
Posts: 3,650
Likes: 1,094
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.
Rennlist Member
Joined: May 2011
Posts: 1,647
Likes: 146
From: Encinitas
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.
Drifting
Joined: Jul 2009
Posts: 2,650
Likes: 8
From: Atlanta
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.
Drifting
Joined: Jul 2009
Posts: 2,650
Likes: 8
From: Atlanta
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?
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?
Racer
Joined: Apr 2011
Posts: 308
Likes: 33
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??
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??
Banned
Joined: Oct 2012
Posts: 595
Likes: 0
From: WPB, FL
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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Race Car
Joined: Oct 2002
Posts: 3,650
Likes: 1,094
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??
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??
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.
Pro
Joined: Jul 2009
Posts: 608
Likes: 61
From: Charlotte /Wilmington NC
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.
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.
Rennlist Member
Joined: Dec 2011
Posts: 1,724
Likes: 63
From: NY
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.
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.
Race Car
Joined: Oct 2002
Posts: 3,650
Likes: 1,094
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.
Drifting
Joined: Jul 2009
Posts: 2,650
Likes: 8
From: Atlanta
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.
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.
My car was gorgeous and optioned perfectly, imho. All sorts of photos, blah, blah, blah. As said took over 12 months to sell.
Drifting
Joined: Jul 2009
Posts: 2,650
Likes: 8
From: Atlanta
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.
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.