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The 997 GT3/RS Cars For Sale Thread...

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Old 02-03-2021, 03:29 PM
  #6256  
whoadude
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Originally Posted by fijibubba
They bought in from Manheim for 107k in August of 2020. Before it went to Manheim it was on BAT and only bid to 85K.
Good info! I think for the right price this car could be fun, but I do agree she's far from a stellar example.
Old 02-03-2021, 09:02 PM
  #6257  
PTSGT3
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Originally Posted by Upscale Audio
Here's a car in Austin that has a million questions. Engine is supposedly done by 911 Design near where I live.

It's a 2007 GT3 ugraded to "GT3RS 4.0" as they claim

VIN Analytics

Craigslist ad
Just your average 3.6 3.8 4.0 GT3. Was discussed a few months ago when it was up on ebay but no info was posted other than the same ad text seen here.
Old 02-03-2021, 09:48 PM
  #6258  
Joe Cho
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Such slim pickings, I'm starting to get a bit discouraged at my own prospects in late spring.
Old 02-03-2021, 09:54 PM
  #6259  
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Originally Posted by RapidGT
This is what it used to look like not so long ago.

https://www.pcarmarket.com/auction/2011-porsche-gt3-rs/
Doug's file is thin on that one.
Old 02-03-2021, 11:48 PM
  #6260  
Robocop305
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I think Porsche buyers are way too picky and some good cars are left behind for no real reason at all.
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Old 02-03-2021, 11:52 PM
  #6261  
jreifler
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Originally Posted by Robocop305
I think Porsche buyers are way too picky and some good cars are left behind for no real reason at all.
Really? When you’re buying your grail or otherwise a major investment, you wouldn’t be super picky about it?? ****, I’m like that about buying a new TV ...
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Old 02-04-2021, 12:28 AM
  #6262  
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I buy my cars to use and not to be garage queens. I don't mind purchasing a car that had a panel repainted or a few overrevs range 3 and under as long as the car was professionally repaired and well priced. That's my take on this issue.
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Old 02-04-2021, 12:36 AM
  #6263  
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Originally Posted by Robocop305
I think Porsche buyers are way too picky and some good cars are left behind for no real reason at all.
You're exactly right, these cars were designed to be driven on the track. I would be really surprised if anyone does. They are only cars, if you don't flog yours on the track you have no clue what you're missing.
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Old 02-04-2021, 12:40 AM
  #6264  
Joe Cho
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Originally Posted by Robocop305
I buy my cars to use and not to be garage queens. I don't mind purchasing a car that had a panel repainted or a few overrevs range 3 and under as long as the car was professionally repaired and well priced. That's my take on this issue.
I agree and perhaps to add color to my slim pickings comment earlier, the cars that are available even with their flaws don't seem to be priced appropriately. I'm by no means an expert of the GT3 market but the ones remaining that have been sitting appeared to be overpriced based in my casual observation over the last year. For me I definitely would consider a higher mileage car and even one with some professionally well done repair (nothing excessive) as robo mentioned.
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Old 02-04-2021, 02:43 AM
  #6265  
Upscale Audio
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Originally Posted by Joe Cho
I agree and perhaps to add color to my slim pickings comment earlier, the cars that are available even with their flaws don't seem to be priced appropriately. I'm by no means an expert of the GT3 market but the ones remaining that have been sitting appeared to be overpriced based in my casual observation over the last year. For me I definitely would consider a higher mileage car and even one with some professionally well done repair (nothing excessive) as robo mentioned.
I think a lot of people have a lot of spare cash right now, No vacations, air travel, hotels, food and bar, spa days, tours, shows, all that stuff adds up. People aren't buying expensive work suits. Less money spent on gas. Sprinkle in stimulus money, 36% of which is being banked, fat 401K's, and housing prices going crazy, The vast majority did not lose their jobs, and they are doing home improvements and the guys want a car. Or a stereo. Our business shot up like a rocket. I'm friggin beat, and so are my employees. At 10am I peeked in on our phones and there was already 10 voicemails left by customers that could not get through to a salesperson. We're a big Klipsch dealer and I heard today their sales numbers doubled in 2020.

Hmmmm... People spending money like drunken sailors. I've heard this tune before....now what was it?
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Old 02-04-2021, 08:46 AM
  #6266  
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2007 GT3, GT silver metallic, 40.9 kmi, $88k

https://oakesmitsu.com/sale/used-por...ac29947s793214

WP0AC29947S793214

Was for sale last August, see post 4708:
https://rennlist.com/forums/997-gt2-...hread-314.html

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Old 02-04-2021, 09:04 AM
  #6267  
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Incoming low mile 2011 GT3 RS 4.0, white, 2067 mi, no price listed

https://www.marshallgoldmanbh.com/us...gt3-rs-c-1069/

WP0AF2A97BS785717


Old 02-04-2021, 09:29 AM
  #6268  
Manhattan_trout
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Originally Posted by Upscale Audio
I think a lot of people have a lot of spare cash right now, No vacations, air travel, hotels, food and bar, spa days, tours, shows, all that stuff adds up. People aren't buying expensive work suits. Less money spent on gas. Sprinkle in stimulus money, 36% of which is being banked, fat 401K's, and housing prices going crazy, The vast majority did not lose their jobs, and they are doing home improvements and the guys want a car. Or a stereo. Our business shot up like a rocket. I'm friggin beat, and so are my employees. At 10am I peeked in on our phones and there was already 10 voicemails left by customers that could not get through to a salesperson. We're a big Klipsch dealer and I heard today their sales numbers doubled in 2020.

Hmmmm... People spending money like drunken sailors. I've heard this tune before....now what was it?
^^^^This 150% and then some...! All of these “luxury” markets and toys are overheated - whether it’s stocks, GameStop (haha..), collectible cars, art or watches. The prices on used Rolexes are through the roof (and good luck getting a Daytona at less than 2x retail) - the Patek/AP watches I purchased 2-3 years are now trading for 25-30% more and they’re not even collectible!

This usually ends very poorly. As much as I really want a 997 GT3, I’m just going to be patient for now and wait till exactly the right thing comes along. Hard to justify paying 25% more in many examples above.

I called one of the dealers on one of the nicer GT3s listed above. It sold for 104k last November, he wants 120k now. I asked what justified the price increase and if any improvements or service was done - he said nothing was done since, and with a straight face he also said the prices of 997 GT3s keeping going up because “they’re an investment”, so I should buy now before they go up even more. Yes, because GT3 prices increases of 15% every 3 months is perfectly normal...

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Old 02-04-2021, 10:42 AM
  #6269  
jreifler
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Originally Posted by Robocop305
I buy my cars to use and not to be garage queens. I don't mind purchasing a car that had a panel repainted or a few overrevs range 3 and under as long as the car was professionally repaired and well priced. That's my take on this issue.
Agree. Drive the **** out of mine, and am not scared off by some “negative” history, but also fully understand being extremely picky about a 6 figure purchase / investment.
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Old 02-04-2021, 11:48 AM
  #6270  
RallyeChris
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Originally Posted by jreifler
Agree. Drive the **** out of mine, and am not scared off by some “negative” history, but also fully understand being extremely picky about a 6 figure purchase / investment.
The other thing to consider is that, at some point, we are all likely to sell for one reason or another. Selling one of these vehicles is a LOT easier when the "stories" are either limited - or non-existent. And I'm not talking about "maximizing profit" on any potential increase in value. I'm strictly talking about time on the market. A "no-stories" example is going to move much more quickly than an example with "stories".


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