The 997 GT3/RS Cars For Sale Thread...
#8611
I don't know about base. It's got DEM and FAL and buckets. Three things I like and wish my car had.
It's a fair price IMHO and the reason it hasn't sold could be the frustrated salesmen working there that know nothing and were told "if somebody wants it they'll buy it".
It's a fair price IMHO and the reason it hasn't sold could be the frustrated salesmen working there that know nothing and were told "if somebody wants it they'll buy it".
Last edited by 8Lug; 06-17-2021 at 11:24 AM.
#8612
looks like it was for sale down at Dallas Motorsports for $112k.
#8613
It will change. So hard to predict the future and separate car shortages vs the 997 going through the 993 desirability period. I'm inclined to believe the 997 will be "The One" even more so than the 993. But who knows. I constantly think of the 993 turbo I passed on for $75k. We all have those stories.
I do know that yesterday I went to Porsche Ontario and they had zero brand new 911's on the lot that I saw, and very few used. Just Macans. One Cayman.
The service advisor said as soon as one comes in they rush it through prep, put it on the lot, and it's gone. And the reason it's gone is because of cheap money and ridiculous resale values. My 991.1 GTS is worth just about what I paid for it a few years ago. And it's a lowly PDK Cabriolet. It makes no sense, and as Doug said it will change.
What makes less sense is the delta between 997 GT3 and GT3RS. But then I'm part of the problem as I'd like one myself.
I do know that yesterday I went to Porsche Ontario and they had zero brand new 911's on the lot that I saw, and very few used. Just Macans. One Cayman.
The service advisor said as soon as one comes in they rush it through prep, put it on the lot, and it's gone. And the reason it's gone is because of cheap money and ridiculous resale values. My 991.1 GTS is worth just about what I paid for it a few years ago. And it's a lowly PDK Cabriolet. It makes no sense, and as Doug said it will change.
What makes less sense is the delta between 997 GT3 and GT3RS. But then I'm part of the problem as I'd like one myself.
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#8614
I did not go back through a ton on this thread… at 570 some odd pages, there is a lot. Hah.
As I mentioned, the car looks like its in good condition all things considered. Honestly, if this car had the stock suspension and retained the axle lift system capability, it would be close to a winner. Live in Chicago area and it really is a nice feature if you’re going to drive a GT3 around. (Would also be nice to have the stock wheels as I don’t love the ones on there, but that is easier and cheaper to remedy). $149k is a BIG pill to swallow no matter what though. If it was bone stock and garage queen, someone might be able to justify the cost, but I’m not there.
My story on looking for one of these: I’ve been racing a fully built BMW with NASA and bring it to the occasional DE event. However, family is growing and those long weeks/weekends prepping for and then spending at the track are coming to an end (for now). Want something I can just show up and drive. Don’t have budget for another car so plan is to sell race car and 997.2 turbo and get something that can and will more often be used on road, but also will be competent on track for a HPDE/track day when I have the time. Some might say to just track the turbo, but its a long ways off when you’re coming from a purpose built race car. The GT3 is the better option imo.
As I mentioned, the car looks like its in good condition all things considered. Honestly, if this car had the stock suspension and retained the axle lift system capability, it would be close to a winner. Live in Chicago area and it really is a nice feature if you’re going to drive a GT3 around. (Would also be nice to have the stock wheels as I don’t love the ones on there, but that is easier and cheaper to remedy). $149k is a BIG pill to swallow no matter what though. If it was bone stock and garage queen, someone might be able to justify the cost, but I’m not there.
My story on looking for one of these: I’ve been racing a fully built BMW with NASA and bring it to the occasional DE event. However, family is growing and those long weeks/weekends prepping for and then spending at the track are coming to an end (for now). Want something I can just show up and drive. Don’t have budget for another car so plan is to sell race car and 997.2 turbo and get something that can and will more often be used on road, but also will be competent on track for a HPDE/track day when I have the time. Some might say to just track the turbo, but its a long ways off when you’re coming from a purpose built race car. The GT3 is the better option imo.
#8615
This one was recently quietly listed on RL in another WTB thread and sold from one member to another for $220k - less than a month ago. I passed on the car given that I couldn't get an inspection done/information I requested to make an informed decision before another RL member offered to wire money. It wasn't even the spec he wanted, but he bought it as a hold-over car. Now they're asking $315k, and somebody who actually wanted that car didn't get a chance to buy it from the owner, and thus the cycle continues.
I'm not going to deny the real effects of supply and demand, nor hyper inflation. But I'm going to say this once, and then hold my peace. While the VALUES may never reset to pre-2021 levels, the supply and demand curves will equalize at some point, and everyone who overpaid for a car without asking any questions is going to wish they had done more homework. In my opinion, buyers are their own worst enemies in this market, as they are so desperate that they're willing to buy a six-figure car without proper due diligence, and therefore they are feeding into the frenzy. Dealers are perpetuating this, as there are a LOT of cars going from one dealer to the next, and the price goes up every time, and there are also collectors-turned-speculators creating an artificial bottleneck of supply. Mediocre/story cars are getting top dollar in the adage of "a rising tide lifts all ships".
Now, there is something to be said on the other side for "if you want it, don't haggle" - I tell buyers this all the time. Don't lose the right car for a few bucks. But goodness gracious, people have got to stop overpaying for story cars without doing any homework. Or you know what, don't. Keep doing it, and then when the supply/demand curves normalize and buyers start having a little bit of power again, the blue chip cars will hold their value and everyone else will get stuck with their shorts down (mostly dealers, in this case, but the Porsche community is not immune).
I'm not an old guy, but I remember two resets on the GT market, big ones, in the last 12 years. Tread carefully, make an informed decision, buy the car you want for a price you're happy with, but don't feed the bear.
/RANT
I'm not going to deny the real effects of supply and demand, nor hyper inflation. But I'm going to say this once, and then hold my peace. While the VALUES may never reset to pre-2021 levels, the supply and demand curves will equalize at some point, and everyone who overpaid for a car without asking any questions is going to wish they had done more homework. In my opinion, buyers are their own worst enemies in this market, as they are so desperate that they're willing to buy a six-figure car without proper due diligence, and therefore they are feeding into the frenzy. Dealers are perpetuating this, as there are a LOT of cars going from one dealer to the next, and the price goes up every time, and there are also collectors-turned-speculators creating an artificial bottleneck of supply. Mediocre/story cars are getting top dollar in the adage of "a rising tide lifts all ships".
Now, there is something to be said on the other side for "if you want it, don't haggle" - I tell buyers this all the time. Don't lose the right car for a few bucks. But goodness gracious, people have got to stop overpaying for story cars without doing any homework. Or you know what, don't. Keep doing it, and then when the supply/demand curves normalize and buyers start having a little bit of power again, the blue chip cars will hold their value and everyone else will get stuck with their shorts down (mostly dealers, in this case, but the Porsche community is not immune).
I'm not an old guy, but I remember two resets on the GT market, big ones, in the last 12 years. Tread carefully, make an informed decision, buy the car you want for a price you're happy with, but don't feed the bear.
/RANT
#8616
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#8619
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#8621
#8622
#8624