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Current 997.1 GT3 Market

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Old 02-25-2015, 11:52 AM
  #16  
audipwr1
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Originally Posted by CosmosMpower
I doubt many are actually selling for 90K or more. Probably a lot of real sales low to mid 80's
Was offered 88 from dealer on mine last week - I passed
Old 02-25-2015, 12:16 PM
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DLJ
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Originally Posted by ilko
997-2 for $100-105 is bottom of the market these days. Someone here recently purchased a highly optioned one for over $120K. So I can see a good 997-1 trading hands at $90K easily.
Plus you get those free Centerlocks with the .2 !
Old 02-25-2015, 12:24 PM
  #18  
ilko
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CLs are free but you have to pay a whopping $2990 for Sport Buckets

BTW I just saw two 2014 991 GT3s selling in 997-2 GT3 territory (125K and 132K, asking) in the classifieds here...
Old 02-25-2015, 12:49 PM
  #19  
997s07
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Originally Posted by ilko
CLs are free but you have to pay a whopping $2990 for Sport Buckets

BTW I just saw two 2014 991 GT3s selling in 997-2 GT3 territory (125K and 132K, asking) in the classifieds here...
Not affiliated and think the car is overpriced...

http://www.cars.com/vehicledetail/de...4595/overview/
Old 02-25-2015, 02:15 PM
  #20  
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Originally Posted by Gonzogonzilla
I bought my 7.1 GT3 for $65k a couple of years ago and I feel like I was on the last lucky train out of town. I've put some money into it; welded the coolant hoses and some telemetrics, so she's ready to track.

I think that it might be the last pure 911 made.
I'm kind of in the same boat as you, got a smoking deal in 2011, a little higher on the miles but oh well.

Frankly not sure what mine is even worth at this point considering the engine (plus or a minus depending on POV), but $95K always sounded like a good number to me in the past.
Old 02-25-2015, 03:46 PM
  #21  
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I definitely missed the boat a couple years ago. Now prices are at a point that are just out of reach and I essentially came to the conclusion that while I could buy one now, the important distinction is that owning a GT3 and tracking a GT3 are very different things. If I can't afford to track it, what's the point?

In my mind the Cayman R with buckets is the affordable mini-GT3 and that may be what I end up with.
Old 02-25-2015, 04:17 PM
  #22  
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Originally Posted by 997s07
A quick look at cars.com shows a bunch of 997.1 GT3s for sale, a lot more than there used to be. Prices are mostly in the $90Ks. Is this the price they are being off loaded now? There are still more 997.2 GT3s for sale, as usual, but now the 997.1 cars are starting show up. Wonder what's going on...
mine could be on the market soon (real estate investment), unsure of price point, will look to local guys to help price for me - likely around $80K if warranted

~ 20,500 miles to date, arctic silver
Old 02-25-2015, 04:28 PM
  #23  
997s07
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Originally Posted by pissedpuppy
mine could be on the market soon (real estate investment), unsure of price point, will look to local guys to help price for me - likely around $80K if warranted

~ 20,500 miles to date, arctic silver
Don't sell it man if you can remotely avoid it. The .1 cars are not traded very often. There is a reason for that, as I just found out.
Old 02-25-2015, 04:33 PM
  #24  
pissedpuppy
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Originally Posted by 997s07
Don't sell it man if you can remotely avoid it. The .1 cars are not traded very often. There is a reason for that, as I just found out.
the real estate mentioned is int'l, and may result in a move (it's not a lack of $$$ thing).....great car, no argument there!
Old 02-25-2015, 04:45 PM
  #25  
agentf1
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We have a local dealer around here that is buying as many GT3's as they can and then marking them up to > 140k hoping to cash out on them due to the hype surrounding the new ones not being available and no more 6 speeds.

I was actually thinking about making the move to a Porsche from my "American" Callaway but after seeing the prices soar I am out. I have always owned american cars and currently have a Gen II Viper and the Callaway SC652 but love makes and models of cars. As awesome of a car that they are I do not see them being worth the current asking prices. There are too many other more exotic cars when you start getting that much over 100k. Obviously there are Porsche fans that do not agree with me that are still buying them and driving the prices up so my opinion does not mean anything. I do think it is a shame that they are getting out of reach of a lot of enthusiast. I guess like with Microsoft and Apple stocks I am a day late and a dollar short.

I have to say at the prices above I would explore a 993TT before the GT3. I do expect the GT3 bubble to pop and prices to return to normal but then I expected the same thing to happen to the FGT's. Time will tell... If that does happen I may revisit adding a GT3 to my garage.
Old 02-25-2015, 05:42 PM
  #26  
irish guitar
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"I have to say at the prices above I would explore a 993TT before the GT3."

Eh, probably a bit too late for that car, too.

Vivian.
Old 02-25-2015, 05:47 PM
  #27  
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Originally Posted by irish guitar
"I have to say at the prices above I would explore a 993TT before the GT3."

Eh, probably a bit too late for that car, too.

Vivian.
Yes, if that was my budget that is exactly what I would be looking at.
Old 02-25-2015, 06:10 PM
  #28  
zaitsev
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Originally Posted by pissedpuppy
mine could be on the market soon (real estate investment), unsure of price point, will look to local guys to help price for me - likely around $80K if warranted

~ 20,500 miles to date, arctic silver

Keep me in mind please. In the process of selling my M3 to get a 997.1
Old 02-25-2015, 06:13 PM
  #29  
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Hmmmm, with the GT3's going up and the Cups coming down...............
May need to think about returning my GT3 to stock and getting a Cup.
Old 02-25-2015, 07:18 PM
  #30  
Modena 1
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The 997 gt3 is a gorgeous car. One of the prettiest in my opinion. I would expect prices to compress over time across variants as miles and condition mix up the bag.


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