What's up with GT3 prices?
12-20-2016, 02:21 PM
#16
^ ^ ^ ^
What Spyerx and bobodrink said, +100
The 997 GT3's have become appreciating assets for the reasons stated above. Porsche builds for their market - the GT cars have a relatively small but extremely vocal and supportive following. A 997 GT3 is not every Porsche owner's cup of tea. Loud, stiffly spring, lots of road noise, intended to be a trackday car, not a grocery getter or a commuter car even though some hardcore drivers do just that.
For decades, Porsche has been softening their other 911-series cars to appeal to a wider audience which has worked for them financially. 911's handily outsell the less expensive Boxsters and Caymans because while the latter are outstanding sports cars, they aren't 911's and that is important to a lot of buyers.
The fact is that not every Porsche customer who aspires to own a 911 wants a hardcore, track-focused 911, which explains why the 997 GT2 and GT3 cars have significantly lower production figures. In the big picture Porsche world, the GT cars are pretty rare and now the 997 versions are becoming collectible precisely because of the things that Spyerx and bobodrink mentioned. I don't have a crystal ball and am not a betting man but I wouldn't be surprised if these cars continue to appreciate steadily as time goes on.
As a Porsche owner for nearly 45 years, my take is that in a couple of decades the 997 GT3 just might be the 1973 Carrera RS of the future from a collectibility standpoint, with the GT3RS mirroring the rarer Lightweight version of the 1973 Carrera. Time will tell. In the meantime, drive and enjoy the one you have, or if you don't have one, get one now. Prices are usually lower in the Winter.
Just one Porsche nut's opinion....
What Spyerx and bobodrink said, +100
The 997 GT3's have become appreciating assets for the reasons stated above. Porsche builds for their market - the GT cars have a relatively small but extremely vocal and supportive following. A 997 GT3 is not every Porsche owner's cup of tea. Loud, stiffly spring, lots of road noise, intended to be a trackday car, not a grocery getter or a commuter car even though some hardcore drivers do just that.
For decades, Porsche has been softening their other 911-series cars to appeal to a wider audience which has worked for them financially. 911's handily outsell the less expensive Boxsters and Caymans because while the latter are outstanding sports cars, they aren't 911's and that is important to a lot of buyers.
The fact is that not every Porsche customer who aspires to own a 911 wants a hardcore, track-focused 911, which explains why the 997 GT2 and GT3 cars have significantly lower production figures. In the big picture Porsche world, the GT cars are pretty rare and now the 997 versions are becoming collectible precisely because of the things that Spyerx and bobodrink mentioned. I don't have a crystal ball and am not a betting man but I wouldn't be surprised if these cars continue to appreciate steadily as time goes on.
As a Porsche owner for nearly 45 years, my take is that in a couple of decades the 997 GT3 just might be the 1973 Carrera RS of the future from a collectibility standpoint, with the GT3RS mirroring the rarer Lightweight version of the 1973 Carrera. Time will tell. In the meantime, drive and enjoy the one you have, or if you don't have one, get one now. Prices are usually lower in the Winter.
Just one Porsche nut's opinion....
Don't forget it took 4 years before they used bits of the 991 GT3 in the racing program. This is the first year they are using the new motor....no rear steer, etc. The biggest driver of my valuation of the 997 came from the 24H Ring stunt Chris Harris and AP put together with a stock+cage+tires 997.2RS. I still don't consider the 991 to be connected to the race series, it's just a good track car now. Oddly the GT4 is closer, and for some reason people are buying CSs now that they're selling them without an obligation to race them. And there are a lot of other good track cars now...
12-22-2016, 07:17 PM
#20
Rennlist Member
12-24-2016, 01:41 PM
#22
Instructor
Join Date: Jul 2010
Location: Evansville IN
Posts: 126
Likes: 0
Received 0 Likes
on
0 Posts
GT3 Prices
Drove a 991GT3 at PEC in Atlanta for the full session last fall. Great track car, PDK is so intuitive. Was in love with it until I got back into the seat of my 997.1 GT3. The 997s are just so much more visceral...didn't realize what was engineered out of the 991 'til then.
I think the 991 would perhaps be a better daily driver, but it's bigger in all dimensions and although it does tend to "shrink around you" as you drive, the 997s just have more feel. To me, that's what differentiates the two. 997 GT3 values tend to reflect that difference.
I think the 991 would perhaps be a better daily driver, but it's bigger in all dimensions and although it does tend to "shrink around you" as you drive, the 997s just have more feel. To me, that's what differentiates the two. 997 GT3 values tend to reflect that difference.
12-24-2016, 09:16 PM
#23
Rennlist Member
I lived in the states, but have now jumped ship to Australia. They won't let me bring in my 997.2 RS to Australia since it's a LHD vehicle and less than 25 yrs old. I thought about selling my RS for a few minutes and thought alone hurt badly. I rather pay for storage and drive it while I'm in the states 2 months out of the year rather than selling it and paying $310k USD for an RS here.
If you think prices are mad in the states take a look at this (prices are in AUD). A new RS will set you back $430K usd and a 997.2 rs about 300-350K usd. The one below has seen a lot of track time and is not as clean as it looks in the images.
https://www.carsales.com.au/dealer/d...13678689/?Cr=1
https://www.carsales.com.au/dealer/d...14089452/?Cr=3
I will never sell the RS. Prices are not too bad and I went through the same dilemma. I kept procrastinating and thought prices would surely come down. If I waited I would have paid about 50-70k more for an RS in the same spec today.
If you think prices are mad in the states take a look at this (prices are in AUD). A new RS will set you back $430K usd and a 997.2 rs about 300-350K usd. The one below has seen a lot of track time and is not as clean as it looks in the images.
https://www.carsales.com.au/dealer/d...13678689/?Cr=1
https://www.carsales.com.au/dealer/d...14089452/?Cr=3
I will never sell the RS. Prices are not too bad and I went through the same dilemma. I kept procrastinating and thought prices would surely come down. If I waited I would have paid about 50-70k more for an RS in the same spec today.
12-31-2016, 02:53 PM
#24
So pricing - I just sold my 997 S and purchased a '10 .2 for $98K - a 1 owner car with 49,000 miles that was serviced every 4k from new. zero over-rev issue. White with chrono package. Super clean. Was a daily driver and never tracked (so far) Good buy?
12-31-2016, 04:44 PM
#26
Burning Brakes
Enjoy in good health.
And where are those pics?!?!
12-31-2016, 05:09 PM
#27
Intermediate
That really sounds like a good deal, 98k USD for a .2 GT3 in the mentioned condition. Is it a Clubsport? Here in Germany the cheapest .2 GT3 Clubsport is 120k Euro, which is around 127k USD.
But btw, meanwhile the .1 GT3 prices here in Germany are almost the same like the .2 GT3. The Clubsport versions are always around 10k/15k more than the non Clubsport versions. I think in the US you guys call the non Clubsport versions "Touring" versions, right?
But btw, meanwhile the .1 GT3 prices here in Germany are almost the same like the .2 GT3. The Clubsport versions are always around 10k/15k more than the non Clubsport versions. I think in the US you guys call the non Clubsport versions "Touring" versions, right?
12-31-2016, 07:02 PM
#29
RL Community Team
Rennlist Member
Rennlist Member
I lived in the states, but have now jumped ship to Australia. They won't let me bring in my 997.2 RS to Australia since it's a LHD vehicle and less than 25 yrs old. I thought about selling my RS for a few minutes and thought alone hurt badly. I rather pay for storage and drive it while I'm in the states 2 months out of the year rather than selling it and paying $310k USD for an RS here.
If you think prices are mad in the states take a look at this (prices are in AUD). A new RS will set you back $430K usd and a 997.2 rs about 300-350K usd. The one below has seen a lot of track time and is not as clean as it looks in the images.
https://www.carsales.com.au/dealer/d...13678689/?Cr=1
https://www.carsales.com.au/dealer/d...14089452/?Cr=3
I will never sell the RS. Prices are not too bad and I went through the same dilemma. I kept procrastinating and thought prices would surely come down. If I waited I would have paid about 50-70k more for an RS in the same spec today.
If you think prices are mad in the states take a look at this (prices are in AUD). A new RS will set you back $430K usd and a 997.2 rs about 300-350K usd. The one below has seen a lot of track time and is not as clean as it looks in the images.
https://www.carsales.com.au/dealer/d...13678689/?Cr=1
https://www.carsales.com.au/dealer/d...14089452/?Cr=3
I will never sell the RS. Prices are not too bad and I went through the same dilemma. I kept procrastinating and thought prices would surely come down. If I waited I would have paid about 50-70k more for an RS in the same spec today.
01-01-2017, 04:56 AM
#30
i got mine for $120k cpo 2010 gt3 black/black/black w/ 21k miles purchased october of 2016 from a socal dealership. the cleanest one on the market by far, i had looked for over a year to replace my 2007 which i stupidly sold. high option including premium sound/pcm, full leather, pccb, centerlocks, carbon fiber interior bits, adj. sofa seats. no buckets and no cage and no sunroof. basically high end street spec gt3.
last summer i walked away from several $125k+ ask, beat-to-hell track cars that didn't drive right or look clean, and were modified and out of warranty. yuck.
i doubt the car will appreciate or depreciate significantly. i look at it like a savings account disguised as a bad sports car habit.
last summer i walked away from several $125k+ ask, beat-to-hell track cars that didn't drive right or look clean, and were modified and out of warranty. yuck.
i doubt the car will appreciate or depreciate significantly. i look at it like a savings account disguised as a bad sports car habit.