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Better to sell my 997.1 GT3 this year or next year?

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Old 05-24-2017, 05:54 PM
  #76  
CosmosMpower
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Originally Posted by Quan Vu
I say hold on to it till october when the 991.2 gt3 manual configuration is available for order... I'd like to know the change in price, if there is any change in price at that time.. so 80k currently.
Those allocations were spoken for about a year ago. Or you can pay 10-30K over right now to jump in front of the line so now you're comparing a 80-90K car and a 180K car.
Old 05-24-2017, 08:26 PM
  #77  
Quan Vu
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Originally Posted by CosmosMpower
Those allocations were spoken for about a year ago. Or you can pay 10-30K over right now to jump in front of the line so now you're comparing a 80-90K car and a 180K car.
My brother in law went to the porsche dealership last month and was allowed to order a 991.2 gt3... but he didn't order because you can't order the manual till october. Doesn't seem too difficult to get an allocation.
Old 05-31-2017, 02:09 AM
  #78  
Tracky
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Speaking of selling GT3s, I'll be putting my GT3 up for sale. I just bought brand new Bridgestone RE71r front tires and had the front motons fully serviced. Reason I'm selling is I have a baby daughter now and I have ZERO time to really drive this thing. I've NEVER tracked the car since owning it. 25k miles total on the car now. It had zero over revs in all ranges when I bought it and that should be same results now as I never got to push the car hard.

Pics below:
https://cimg7.ibsrv.net/gimg/rennlis...315026f0ad.jpg
https://cimg8.ibsrv.net/gimg/rennlis...b2f18a226f.jpg


Quick details below:

'07 GT3 Artic Silver (currently professionally wrapped in orange with clear bra protecting area in front of rear tires)
Year: 2007
MSRP: $116k
Color: Artic Silver
PCM 2.1 / Nav
Bi-Xenons
Sound Package Plus
Fire Extinguisher
Chrono Package Plus

Here’s a list of upgrades:

PERFORMANCE:
GIAC 91 Octane performance file
GMG WC Sport Center Section

SUSPENSION:
Moton Dampers valved to GMG specifications
Eibach ERS racing springs
GMG WC Dog Bone Kit
GMG Toe Steer Kit
GMG Thrust arm bushing kit
Motorsport adjustable control arms
Competition corner balance and alignment

WHEELS:
BBS Motorsport/GMG World challenge Racing Wheels, 18X12 Rear 18X10 Front
Bridgestone RE71r and Nitto NT01 Tires
265 Front, 305 Rear

BRAKES: Stock

EXTERIOR:
GMG World Challenge Carbon Fiber front fenders as used on World Challenge Cup fenders to accommodate 10" wheels
GMG Carbon Fiber Euro Rear bumper with integrated Tow hook (small crack in right corner. not that visible)
GMG World Challenge 10mm rear wicker
Motorsport Cup car lower splitter

INTERIOR:
GMG GT harness bar
GT3 Euro Seats
Sparco Harness

OTHER:
K40 Radar Detector
AMB Transponder
Old 05-31-2017, 03:07 PM
  #79  
993Brendan
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You should sell on September 17, 2017, preferably around 3:00 p.m. I hear from an inside source that 997 values will drop 31.4557% that day.
Old 05-31-2017, 04:08 PM
  #80  
Jlopez55
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Originally Posted by 993Brendan
You should sell on September 17, 2017, preferably around 3:00 p.m. I hear from an inside source that 997 values will drop 31.4557% that day.
thanks for the heads up!

gives me a little time to add the 3.9 liter conversion and CG-T buckets before the sale.
Old 06-26-2017, 05:30 PM
  #81  
RossP
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Originally Posted by CosmosMpower
Those allocations were spoken for about a year ago. Or you can pay 10-30K over right now to jump in front of the line so now you're comparing a 80-90K car and a 180K car.
I dont think this is about cost. People who have 997 GT cars really care more about the driving experience (Manual trans etc). With that in mind I think it is logical to draw several conclusions. 1) there is pent up demand for new GT cars with Manual transmissions. 2) many of the owners of 997 GT cars are able to afford the 991.2 GT3 and will attempt to buy one. 3) even if 991.2 GT3s are going for 20-40k over MSRP, that still will result in more 997 GT3s hitting the market to make room. Everyone has a different opinion here with various biases. I happen to think that the market on the 997GT cars is going to soften/normalize this fall and next spring.
Old 06-26-2017, 05:48 PM
  #82  
DK7
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Why normalize? The 997 GT3 market is really ok, and IMHO undervalued.
Old 06-26-2017, 06:39 PM
  #83  
RossP
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Originally Posted by DK7
Why normalize? The 997 GT3 market is really ok, and IMHO undervalued.
Thats a possibility. The fact that prices seem to have plateaued / dropped suggests otherwise. We will see.
Old 06-26-2017, 11:53 PM
  #84  
jackb911
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5 - 10 years from now when all 911's are hybrids (or worse) it will be interesting to re-read these posts when even well kept garden variety 997 GT3's just might actually become collectors items (GASP!) with asking prices in the stratosphere.

Stranger things have happened. Check out the current 964 manual coupe prices for nice examples - RSA's in particular which now have asking prices double or triple what they were just a couple years ago. Basic longhood 911T's are going for insane prices and the E's and S's are even crazier. And with nice 912's going for $50K and up, you actually believe that something REALLY special like a 997 GT3 is going to have a problem holding it's value?

With that said, I'm not sure I understand or agree with a few of the opinions on here regarding current and future GT3 values. The truth is that right now it is what it is and in the future it's gonna be what it's gonna be.

So, if you don't have a GT3 and really want one, right now may be as good as it gets price-wise. Or maybe not. So, buy one and enjoy it! Or continue to overthink getting one and lose out on the truly epic ownership and driving experience you will have missed.

That's my take as an old geezer who has been playing with Porsches since my first one (a 912) way back in 1972. That's 45 years of absolute bliss.
Old 06-27-2017, 12:07 AM
  #85  
Modena 1
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Originally Posted by jackb911
5 - 10 years from now when all 911's are hybrids (or worse) it will be interesting to re-read these posts when even well kept garden variety 997 GT3's just might actually become collectors items (GASP!) with asking prices in the stratosphere.

Stranger things have happened. Check out the current 964 manual coupe prices for nice examples - RSA's in particular which now have asking prices double or triple what they were just a couple years ago. Basic longhood 911T's are going for insane prices and the E's and S's are even crazier. And with nice 912's going for $50K and up, you actually believe that something REALLY special like a 997 GT3 is going to have a problem holding it's value?

With that said, I'm not sure I understand or agree with a few of the opinions on here regarding current and future GT3 values. The truth is that right now it is what it is and in the future it's gonna be what it's gonna be.

So, if you don't have a GT3 and really want one, right now may be as good as it gets price-wise. Or maybe not. So, buy one and enjoy it! Or continue to overthink getting one and lose out on the truly epic ownership and driving experience you will have missed.

That's my take as an old geezer who has been playing with Porsches since my first one (a 912) way back in 1972. That's 45 years of absolute bliss.
Amen

Every other year there has been an excuse from
The haters.

The 991 is coming
The gt4 is coming
The new (991.1) rs is coming
Blah blah.

Here we are.
Old 06-27-2017, 12:12 AM
  #86  
996AE
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I have been attending auctions for the past 10-15 years in the west. Muscle cars and hot rods used to bring big dollars. Demographics have changed and 250k builds on very nice rides are struggling to sell 50k. White hair sellers are not buying and younger buyers arent looking for hot rods.

GenX and Millennials are not as a rule as interested in P cars in less its a Pirus. 10 years from now Baby Boomers will not be replaced. Fewer buyers and lots and lots of cars for sale dont bode well for all but the very high end. GT3s will not be the high end of the reducing market.

Trends are trends and the buying pool is shirking.
Old 06-27-2017, 03:26 AM
  #87  
DK7
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Originally Posted by 996AE
I have been attending auctions for the past 10-15 years in the west. Muscle cars and hot rods used to bring big dollars. Demographics have changed and 250k builds on very nice rides are struggling to sell 50k. White hair sellers are not buying and younger buyers arent looking for hot rods.

GenX and Millennials are not as a rule as interested in P cars in less its a Pirus. 10 years from now Baby Boomers will not be replaced. Fewer buyers and lots and lots of cars for sale dont bode well for all but the very high end. GT3s will not be the high end of the reducing market.

Trends are trends and the buying pool is shirking.
i am not sure about it.
Which cars are "high end" in your opinion?
Old 06-27-2017, 08:40 AM
  #88  
996AE
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Limited production cars, low mile well maintained.

Simple supply and demand.

The world of cars is changing. Couple that with the demographics.

Just say-in. Looks to me like a suckers bet trying to game P car market values in the next ten years.

Very few will win at this game.
Old 06-27-2017, 12:41 PM
  #89  
zaitsev
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these conversations are hilarious... this year or next year.. analyze the price movement year over year. At the very most, we're talking about 10k and most likely far less. If you're on the market, want a GT3 and can afford one just BUY it.. life is short, your years of enjoyment count more
Old 06-27-2017, 04:46 PM
  #90  
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^ agreed 100%


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