Discussion
Cheburator mk2 said:
Yep,
There is a LHD Mk1 GT3 CS on 220,000km (let's call this 140k miles) which has lived at Spa and the Ring practically from day one. Still on the original engine and gearbox. Admittedly with new synchros and plates in the LSD, but none-the-less the mileage is impressive. The car is also for sale for EUR30k...
Thousands of hours on a highly strung motor used in this way is impressive. Porsche did their homework!There is a LHD Mk1 GT3 CS on 220,000km (let's call this 140k miles) which has lived at Spa and the Ring practically from day one. Still on the original engine and gearbox. Admittedly with new synchros and plates in the LSD, but none-the-less the mileage is impressive. The car is also for sale for EUR30k...
The GT3 is in a league of its own
Phooey said:
GT3 APE said:
Yep & when I met him he stated the car was on the original ceramics. Good advert for PCCB's
Serious!? That's incredible!The car has been mainly used on the motorway around Europe.
Apparently was after the repair was carried out at the OPC and all the work was completed, there was a vibration which caused the owner to obviously tell the dealer that there was a issue..... it turned out to be just a damaged wheel!
Apparently was after the repair was carried out at the OPC and all the work was completed, there was a vibration which caused the owner to obviously tell the dealer that there was a issue..... it turned out to be just a damaged wheel!
Aye but you'd be talking 50,000 track miles only to get the same wear and tear.
Chances are it would be 40,000 miles road, 10,000 miles track if it was extensively used. So about 80k total. Then you have to look at what gets replaced in that time.
No idea on the example above, it could have had checks and work every week on it (sounds like it was well cared for), purely thinking from a car which has done a lot of motorway mileage may start to show issues when used "as intended".
I'd love to say the engine is just run in As that is pretty much the only component you really are considering here the most. At that price, you can have plenty in the bank to replace worn parts.
Chances are it would be 40,000 miles road, 10,000 miles track if it was extensively used. So about 80k total. Then you have to look at what gets replaced in that time.
No idea on the example above, it could have had checks and work every week on it (sounds like it was well cared for), purely thinking from a car which has done a lot of motorway mileage may start to show issues when used "as intended".
I'd love to say the engine is just run in As that is pretty much the only component you really are considering here the most. At that price, you can have plenty in the bank to replace worn parts.
So lots of praise for this car on here, but would any of you actually put your money where you mouth is?
As great a testament to the brand as this car is, I think selling it on would be an absoltue nightmare. What would a 200k mile GT3 be worth? And what sort of bills would be round the corner?
I bet a lower mileage £35k car would cost less to own over the same period and probably return almost the same money at re-sale time, a 200k GT3 would be a scary prospect for a lot of people.
Don't want to knock the car in question or 911V in anyway, the above is just my opinion.
As great a testament to the brand as this car is, I think selling it on would be an absoltue nightmare. What would a 200k mile GT3 be worth? And what sort of bills would be round the corner?
I bet a lower mileage £35k car would cost less to own over the same period and probably return almost the same money at re-sale time, a 200k GT3 would be a scary prospect for a lot of people.
Don't want to knock the car in question or 911V in anyway, the above is just my opinion.
So that's the fun of it! Henry is saying it can't go lower in price, which I can understand. But what would be the buy-from-henry sell-on-privately price difference be? It might be the same now as in 3 year's time...so buy now for 25k, would it sell for 15 privately? Easily I reckon. There's your max loss on turning it round...10k. I reckon more like 6.
I think the bigger unknown is how much it'll cost to run. What will need replacing or fixing? And that's back to buying it on condition as always!
Bert
I think the bigger unknown is how much it'll cost to run. What will need replacing or fixing? And that's back to buying it on condition as always!
Bert
At 180,000 miles I'd want to see how much power it still produces. So a respected rolling road test for sure.
If most of the horses are still in there and the rest of the car is still mechanically sound, then it seems like a bargain. But could easily turn into a deep money pit too if things are worn out. The car must be like trigger's broom to some extent, so it would be a question of when was the last clutch, radiator, damper, suspension bushes, exhaust change etc. It should be on about clutch number 4 by now.
If most of the horses are still in there and the rest of the car is still mechanically sound, then it seems like a bargain. But could easily turn into a deep money pit too if things are worn out. The car must be like trigger's broom to some extent, so it would be a question of when was the last clutch, radiator, damper, suspension bushes, exhaust change etc. It should be on about clutch number 4 by now.
The interesting thing with a lot of the arguments surrounding this car is that people are working on the principal that a 30, 40 or 50,000 mile car will be perfect and need nothing doing when that isn't necessarily going to be the case. It's all a question of how much actual work the cars have done and as has been said already to some extent used car's a a bit like trigger's broom.
As a very quick gauge as to how much work a car has done have a look at the interior. Unlike the paintwork it's impossible to renovate without it looking like it's just been changed.
But certainly I don't think you can make the assumptions that are being made. Hands up who's had to have their GT3 diff rebuilt for instance on a sub 180,000 mile car.
There is actually very little if anything that wears based on the number on the speedo. My own thoughts are that there won't be quite the difference in running costs between this and a lower mileage car that some people think. But ultimately who knows ?
As ever, keep smiling
Henry
As a very quick gauge as to how much work a car has done have a look at the interior. Unlike the paintwork it's impossible to renovate without it looking like it's just been changed.
But certainly I don't think you can make the assumptions that are being made. Hands up who's had to have their GT3 diff rebuilt for instance on a sub 180,000 mile car.
There is actually very little if anything that wears based on the number on the speedo. My own thoughts are that there won't be quite the difference in running costs between this and a lower mileage car that some people think. But ultimately who knows ?
As ever, keep smiling
Henry
Henry-F said:
There is actually very little if anything that wears based on the number on the speedo
I know what you mean, but parts wear out eventually. On a 180K mile car you can pretty much guarantee that the engine will be worn. It's just a matter of to what extent and how long is left to go before it needs a full rebuild. That's the hard part to judge and I agree that a car with half that mileage could be equally or more worn depending on the usage profile. I would say again, get it on a good rolling road and compare the power to a known engine in good condition. I would also get it there with a borescope. If it all checks out fine then great. £25k for the type customer who buys this car is going to be pretty much all of their budget, so running costs/depreciation etc. are going to be a very important factor when it comes to owning it. At £25k although on the face of it, it's a good price, I think the actual cost of ownership V's a £35k car is going to be huge, in terms of both depreciation and running costs.
As you say no-one can predict the future when it comes to having to replace parts on cars, it may need nothing for the next 50k, but then what would it be worth?
Let's put it this way; Henry, if you weren't in the trade and you had £25k for a toy, would you buy it? Be honest.
As you say no-one can predict the future when it comes to having to replace parts on cars, it may need nothing for the next 50k, but then what would it be worth?
Let's put it this way; Henry, if you weren't in the trade and you had £25k for a toy, would you buy it? Be honest.
matc said:
Let's put it this way; Henry, if you weren't in the trade and you had £25k for a toy, would you buy it? Be honest.
Cor! Talk about pinning the guy down! Agree totally with your post though!
Lovely car, lovely colour, that has given someone loads of fun but, is it a ticking time bomb?
matc said:
£25k for the type customer who buys this car is going to be pretty much all of their budget, so running costs/depreciation etc. are going to be a very important factor when it comes to owning it. At £25k although on the face of it, it's a good price, I think the actual cost of ownership V's a £35k car is going to be huge, in terms of both depreciation and running costs.
As you say no-one can predict the future when it comes to having to replace parts on cars, it may need nothing for the next 50k, but then what would it be worth?
Let's put it this way; Henry, if you weren't in the trade and you had £25k for a toy, would you buy it? Be honest.
He did.As you say no-one can predict the future when it comes to having to replace parts on cars, it may need nothing for the next 50k, but then what would it be worth?
Let's put it this way; Henry, if you weren't in the trade and you had £25k for a toy, would you buy it? Be honest.
MTR
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