GT3 cat D whats it worth ?

GT3 cat D whats it worth ?

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Discussion

DanH

12,287 posts

261 months

Friday 2nd April 2010
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GC8 said:
Really? Of course its repairable.
Yes but very unlikely to be economically repairable to a high standard unless given whats left of it free.

Slippydiff

14,895 posts

224 months

Friday 2nd April 2010
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s_mcneil said:
Slippydiff said:
Is this the car that was on SOR at Northways and previously for sale at Camtune/OPC Byfleet last year ? It had MK2 six pot callipers with Alcon discs on the front ?
Apologies to the current owner of that particular car if this isn't it !
Pretty sure that's the one, reg matches, was obviously a very sad day for the actual buyer, and for any GT3 fan...
Hmmm, IF it is the same car I looked at when it was for sale at Byfleet, it passed the "ten paces test" with flying colours, but I walked away after inspecting it for less than five minutes. It had had loads of paintwork , much of which was poor (chassis number sticker badly masked, overspray on door shut rubbers and fittings etc) not to mention the rear end clearly had previous accident damage that had been poorly repaired)

Glad I managed to get my old car back smile


jeff666

2,323 posts

192 months

Friday 2nd April 2010
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GC8 said:
A new bodyshell? Are we both looking at the same car? Who here stating that the car isnt worth repairing knows anything at all about repairing cars?
Makes you laugh,,, it needs one weld on panel, "ONE" the rest is bolt on, i am not saying it wont need jigging and geo but come on it really aint that bad.


If you could get secondhand bits that would be a great project for some one, co-parts say the engine runs and there is no evidence of an engine fire, the pics on their site show the engine with the lid up and it has lovely shiney paint on it.

It will make loads of money on that on line auction because people will get all exited about it,
i wont be suprised to see it go abroad as it wont be recorded over there.

Just to add the bid is currently at £5,200.00




DiscoColin

3,328 posts

215 months

Saturday 3rd April 2010
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jeff666 said:
.,, it needs one weld on panel, "ONE" the rest is bolt on, i am not saying it wont need jigging and geo but come on it really aint that bad.
But at a Porsche body shop that panel is about 4 grand fitted with paint. Plus a door (+mirror), front wing, front and rear PU, 2 front lights, one rear light, sill, engine cover with spoiler, two wheels, probably 4 tyres, some rear suspension parts and loads of labour. Parts and paint sounds like about 10-12 grand minimum to me by the time it is on the car. This all assumes that the transmission is okay from the shock of the impact (which it probably is but I certainly have no way of knowing). Once rebuilt, there is no way that I can ever see it worth £30k.

Sadly, I think that it is worth £15k tops, and at that it is as viable to strip for parts and for the engine to go into a Cayman or cooking 996 based project car as it is to rebuild back to what it was...

Just MHO.

jeff666

2,323 posts

192 months

Saturday 3rd April 2010
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DiscoColin said:
jeff666 said:
.,, it needs one weld on panel, "ONE" the rest is bolt on, i am not saying it wont need jigging and geo but come on it really aint that bad.
But at a Porsche body shop that panel is about 4 grand fitted with paint. Plus a door (+mirror), front wing, front and rear PU, 2 front lights, one rear light, sill, engine cover with spoiler, two wheels, probably 4 tyres, some rear suspension parts and loads of labour. Parts and paint sounds like about 10-12 grand minimum to me by the time it is on the car. This all assumes that the transmission is okay from the shock of the impact (which it probably is but I certainly have no way of knowing). Once rebuilt, there is no way that I can ever see it worth £30k.

Sadly, I think that it is worth £15k tops, and at that it is as viable to strip for parts and for the engine to go into a Cayman or cooking 996 based project car as it is to rebuild back to what it was...

Just MHO.
Lets face it, anyone buying that car wont take it to within a million miles of a porsche approved bodyshop, you could put that back to roadworthy condition for under 5k.

I still think it will make silly money,all top end stuff does at co-part, AIMHO....

Trevor Hill

240 posts

182 months

Sunday 4th April 2010
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Current bid now £8600.

Trevor Hill

240 posts

182 months

Sunday 4th April 2010
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The 997 GT3 which "sold" for £40k a couple of weeks ago is now back on copart. Anyone know the car?




Rannoch

1,670 posts

176 months

Monday 5th April 2010
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If you are seriously interested then get someone like Mikey at Autofarm to give you an estimate. They are excellent at renovation/rebuild projects and frankly anal at the quality of finish. They are also very low cost compared to most.

Based on suspension damage and panel damage I would estimate £12k plus VAT, with a £3k contingency.

rubystone

11,254 posts

260 months

Monday 5th April 2010
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Rannoch said:
If you are seriously interested then get someone like Mikey at Autofarm to give you an estimate. They are excellent at renovation/rebuild projects and frankly anal at the quality of finish. They are also very low cost compared to most.

Based on suspension damage and panel damage I would estimate £12k plus VAT, with a £3k contingency.
Three words I didn't think I'd ever see together "Autofarm" and "low cost". That's not a dig at Jack 'n Josh btw,just a fact..... smile

Rannoch

1,670 posts

176 months

Monday 5th April 2010
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rubystone said:
Rannoch said:
If you are seriously interested then get someone like Mikey at Autofarm to give you an estimate. They are excellent at renovation/rebuild projects and frankly anal at the quality of finish. They are also very low cost compared to most.

Based on suspension damage and panel damage I would estimate £12k plus VAT, with a £3k contingency.
Three words I didn't think I'd ever see together "Autofarm" and "low cost". That's not a dig at Jack 'n Josh btw,just a fact..... smile
I must check my invoice then because I had a little bit of work done there - I needed a panel sorted and a new front apron. Immaculate work and the labour costs were lower than any other Porsche specialist I checked out and massively cheaper than an OPC.

Of course there are cheaper - but not at the quality.

I still would reckon that the orange car could not be fixed for £5k if that suspension needs sorting as it looks.

jeff666

2,323 posts

192 months

Monday 5th April 2010
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Rannoch, you would only be looking to source secondhand bits for any salvage repair, i made a living for over ten years buying and repairing salvage, the profit dissapeared as soon as you bought new parts.

The gt3 rs would benefit from a shell, unless a section of floor pan was available, even then still a tricky repair.


The bid is now £8,600.on the 996.

GC8

19,910 posts

191 months

Monday 5th April 2010
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I too feel that the first car is a far better prospect for repair than the second. Theres a lot of work involved of course, so to be viable really you need to be able to repair it yourself (because if you dont youll be needing to cut corners on parts costs in order to pay labour charges). Thisll require a jig with suitable clamps for a 911 and painting facilities.....


Trevor Hill

240 posts

182 months

Monday 5th April 2010
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jeff666 said:
The gt3 rs would benefit from a shell, unless a section of floor pan was available, even then still a tricky repair.
Is the floor pan the same as a normal 997?

GC8

19,910 posts

191 months

Monday 5th April 2010
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In all likelihood. Its still a very tricky repair in an area fundamental to the monocoque's integrity (load bearing sill, seat and belt mounts and B-post to floor join). That'd make an ideal base for a racer though.

Trevor Hill

240 posts

182 months

Monday 5th April 2010
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It looks like it has already been a race/tack car.

Rannoch

1,670 posts

176 months

Monday 5th April 2010
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jeff666 said:
Rannoch, you would only be looking to source secondhand bits for any salvage repair, i made a living for over ten years buying and repairing salvage, the profit dissapeared as soon as you bought new parts.
It's a fair point if you are looking to rebuild for profit.

You would have to be very patient as sourcing parts for GT3s can be tricky. I do think it is very repairable though - if you have the time and the skill to do it yourself.

2skiddy

293 posts

217 months

Tuesday 6th April 2010
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Anyone seen the 997 GT3 RS in the flesh at Copart? Interesting project at the right price! Anyone know the history of the car?

Adam B

27,374 posts

255 months

Tuesday 6th April 2010
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Rannoch said:
If you are seriously interested then get someone like Mikey at Autofarm to give you an estimate. They are excellent at renovation/rebuild projects and frankly anal at the quality of finish. They are also very low cost compared to most.

Based on suspension damage and panel damage I would estimate £12k plus VAT, with a £3k contingency.
Curious how others view a valuation. I certainly won't claim to be an expert so assuming Rannoch is correct and you need the contingency (don't you always?):

good straight GT3 on 45k miles = £35k
as above but cat D = £27k ?

£15k + vat to repair = ~17.5k

call it £10k bid to break even

given the time/hassle/risk of higher costs of such a project presumably you would want some sort of "profit" in it?

rlw

3,352 posts

238 months

Tuesday 6th April 2010
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freedman said:
Wheres rlw?

He's got a Zanzibar Mk1 hasnt he, and lives near Brands (though I wouldnt have thought he would have the cross on the back)
He was in Cornwall when this thread started but is now thinking (in a guilty way) "oh good, now only 8 in RHD".........

That does look a mess and suitable only for the bin I think.

freedman

5,455 posts

208 months

Tuesday 6th April 2010
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rlw said:
freedman said:
Wheres rlw?

He's got a Zanzibar Mk1 hasnt he, and lives near Brands (though I wouldnt have thought he would have the cross on the back)
He was in Cornwall when this thread started but is now thinking (in a guilty way) "oh good, now only 8 in RHD".........

That does look a mess and suitable only for the bin I think.
Pleased to hear it wasny you anyway smile