Notices
997 GT2/GT3 Forum 2005-2012
Sponsored by:
Sponsored by: Porsche North Houston

2007 GT3 Engine For Sale

Thread Tools
 
Search this Thread
 
Old 08-27-2015, 10:23 AM
  #16  
Guest89
Drifting
 
Guest89's Avatar
 
Join Date: Mar 2010
Location: CHI / ATL
Posts: 2,793
Received 201 Likes on 116 Posts
Default

There is some frame damage on the passenger side front rail.

The full leather interior is covered in 20 oz of coffee as well.

DME should be fine, has a SW bypass on it too. Otherwise stock w/ PCCB.
Old 08-27-2015, 10:52 AM
  #17  
KrazyK
Drifting
Thread Starter
 
KrazyK's Avatar
 
Join Date: Oct 2011
Location: Texas
Posts: 3,217
Likes: 0
Received 14 Likes on 12 Posts
Default

i agree - looks like incompetent insurance co mistake totaling it... front end definitely repairable for less than value of car once fixed
You read my mind. I have a rebuilder/dealer license and thought it would make a nice keeper if I could repair it or at the least should have a good drivetrain for resale. Sorry about your loss. Looks like it was a really nice GT3.
Old 08-27-2015, 12:27 PM
  #18  
audipwr1
Rennlist Member
 
audipwr1's Avatar
 
Join Date: Dec 2005
Location: New England
Posts: 4,528
Received 176 Likes on 111 Posts
Default 2007 GT3 Engine For Sale

Originally Posted by Guest89
There is some frame damage on the passenger side front rail.

The full leather interior is covered in 20 oz of coffee as well.

DME should be fine, has a SW bypass on it too. Otherwise stock w/ PCCB.
If it's ahead of suspension not a huge deal

Baby cup car build - don't need the interior
Old 08-27-2015, 12:35 PM
  #19  
KrazyK
Drifting
Thread Starter
 
KrazyK's Avatar
 
Join Date: Oct 2011
Location: Texas
Posts: 3,217
Likes: 0
Received 14 Likes on 12 Posts
Default

If it's ahead of suspension not a huge deal

Baby cup car build - don't need the interior
If it can be rebuilt, I was thinking more of just a project car and nice street cruiser. Closest track is 100 miles away. If the bid war continues much higher, Im done. Copart is not one of my favorite auctions to deal with.
Old 08-27-2015, 02:01 PM
  #20  
Guest89
Drifting
 
Guest89's Avatar
 
Join Date: Mar 2010
Location: CHI / ATL
Posts: 2,793
Received 201 Likes on 116 Posts
Default

I'll repeat:

If anyone is seriously interested, send me a PM and we can hop on the phone for 5 minutes so I can tell you what I know.
Old 08-27-2015, 02:43 PM
  #21  
F1CrazyDriver
Drifting
 
F1CrazyDriver's Avatar
 
Join Date: Nov 2006
Location: SF Bay Area
Posts: 2,029
Likes: 0
Received 5 Likes on 3 Posts
Default

Originally Posted by Guest89
I'll repeat:

If anyone is seriously interested, send me a PM and we can hop on the phone for 5 minutes so I can tell you what I know.
Can you post here on the thread ? Therefore it eliminates any lost in translation/ communication information on the vehicle.

At my office, I setup a study to conduct how information gets around misrepresented. I started off by writing it down, then I told individual A.
I told A to tell B,and have B tell C. And C tell D. D to tell A, and A to tell me. Holy **** how my message had completely changed.

Human factor.
Old 08-27-2015, 02:55 PM
  #22  
lax01
Three Wheelin'
 
lax01's Avatar
 
Join Date: Sep 2002
Location: Los Angeles, CA
Posts: 1,536
Received 23 Likes on 17 Posts
Default

Wow...that was totalled? Front frame bent?
Old 08-27-2015, 02:56 PM
  #23  
Guest89
Drifting
 
Guest89's Avatar
 
Join Date: Mar 2010
Location: CHI / ATL
Posts: 2,793
Received 201 Likes on 116 Posts
Default

Originally Posted by F1CrazyDriver
Can you post here on the thread ? Therefore it eliminates any lost in translation/ communication information on the vehicle.

At my office, I setup a study to conduct how information gets around misrepresented. I started off by writing it down, then I told individual A.
I told A to tell B,and have B tell C. And C tell D. D to tell A, and A to tell me. Holy **** how my message had completely changed.

Human factor.
Sorry, no. If YOU want to know for YOUR purpose then YOU can message me. This involves a contentious fight with the at fault party's ins company, and I'm not going to air all of it publicly
Old 08-27-2015, 03:53 PM
  #24  
F1CrazyDriver
Drifting
 
F1CrazyDriver's Avatar
 
Join Date: Nov 2006
Location: SF Bay Area
Posts: 2,029
Likes: 0
Received 5 Likes on 3 Posts
Default

Originally Posted by Guest89
Sorry, no. If YOU want to know for YOUR purpose then YOU can message me. This involves a contentious fight with the at fault party's ins company, and I'm not going to air all of it publicly
I believe individuals here are more concerned/want to know more information with the condition of the vehicle, if it's a good buy, rather then knowing about insurance issues. Sucks on the insurance issue. I had one myself a few years back with another vehicle.
Old 08-27-2015, 04:06 PM
  #25  
lax01
Three Wheelin'
 
lax01's Avatar
 
Join Date: Sep 2002
Location: Los Angeles, CA
Posts: 1,536
Received 23 Likes on 17 Posts
Default

Did they add a zero by mistake to the repair estimate?
Repair Est:$440,449 USD
Steering Wheel air bag, front bumper, passenger side fender, passenger side headlight, hood. radiators?
Old 08-27-2015, 04:35 PM
  #26  
Guest89
Drifting
 
Guest89's Avatar
 
Join Date: Mar 2010
Location: CHI / ATL
Posts: 2,793
Received 201 Likes on 116 Posts
Default

Originally Posted by lax01
Did they add a zero by mistake to the repair estimate?


Steering Wheel air bag, front bumper, passenger side fender, passenger side headlight, hood. radiators?
Yeah they are off by an order of magnitude.

Also:

Clear bra on entire front end
Full leather interior covered in coffee; most of it ruined

Some particularities of GA law pushed the car to a total loss.
Old 08-27-2015, 05:04 PM
  #27  
lax01
Three Wheelin'
 
lax01's Avatar
 
Join Date: Sep 2002
Location: Los Angeles, CA
Posts: 1,536
Received 23 Likes on 17 Posts
Default

Why not buy back and turn into Cup car for street? (as others have suggested)
Old 08-27-2015, 05:08 PM
  #28  
Guest89
Drifting
 
Guest89's Avatar
 
Join Date: Mar 2010
Location: CHI / ATL
Posts: 2,793
Received 201 Likes on 116 Posts
Default

Originally Posted by lax01
Why not buy back and turn into Cup car for street? (as others have suggested)
I didn't want the car repaired, of course.

I was pleased with the valuation offered for the total loss.

I spent the check and the proceeds from the sale of my 993 on my 991 GT3.

As for buying it back, I don't have the space/inclination for a purely track toy at the moment. It would make a good track car, however.

The car was up for auction once before, about a month ago. Price was in the $40s, and it didn't sell.
Old 08-27-2015, 05:18 PM
  #29  
jackb911
Rennlist Member
 
jackb911's Avatar
 
Join Date: Jan 2006
Location: Atlanta GA suburb
Posts: 1,305
Received 148 Likes on 55 Posts
Default

IMO it's very questionabe that car is a total loss. I'm a retired 33-year Automobile Claims Manager for a major insurer (actually, the company that handled this loss...) and I was shocked when I read the Copart detail sheet. It indicates the repair estimate was $440,449 which has to be a misprint. Even 10% of that figure seems high unless there is considerable hidden damage or damage that isn't evident in the photos. The accident did deploy the driver's airbag and that is big $$$ on a Porsche.

Georgia law provides for mandatory diminished value and that may have been a factor in why this GT3 was totalled. I am curious as to who prepared the estimate (the shop or the insurer's appraiser) and what local body shop would have done the repairs. There are a (very) few high-end shops in the Atlanta area that could do a proper "invisible" repair on this car. There is no hard and fast rule regarding the percentage of repair cost vs. the ACV (actual cash value) to total a vehicle but generally, it would take around 25% repair cost/ACV to render a higher end car like this an obvious total loss. Note that the latest the salvage bid is $38,250 which is approaching 50% of ACV - which is why I question if this car really should have been totalled. Good for the owner, may be good for the insurer if the salvage bids continue to escalate.

IMO this would be a great car to repair but unfortunately it will carry a branded salvage title for life which will forever adversely affect it's resale value.
Old 08-27-2015, 05:23 PM
  #30  
Spyerx
Rennlist Member
 
Spyerx's Avatar
 
Join Date: Mar 2012
Location: SoCal
Posts: 16,593
Received 1,789 Likes on 1,089 Posts
Default

if someone has the means to repair this as a track *itch, then a good buy. Fix up the tub, get it straight, fiberglass parts to fix the bent metal, strip her down, etc. Otherwise not due to the branded title. Maybe in 30 years that doesn't matter as much.


Quick Reply: 2007 GT3 Engine For Sale



All times are GMT -3. The time now is 05:15 AM.