Discussion
To me £10K seems a little steep: I sold my Ferrari 550 with a desirable spec privately back in Jan. Estimate from the ads I made and dealer valuation were both £80K, I got £74K for it privately from the first person that viewed it. I think that when supply is quite limited as it is, it's a sellers market. I may have been lucky, but at this level I'd put the difference at less than 10% of he value of the car, especially if it's a well looked after example you're selling.
£10k for a dealer profit is correct. I called a dealer the other day and asked them for a bid and offer on 2 GT3s, they gave me £10k spreads on both. (£60-100k price bracket). But that's a dealer price. If you're going to sell privately you'd want to sell in between that spread or there would be no private market at all.
Edited by Mousem40 on Thursday 4th June 09:57
lemmingjames said:
Turbo Jonny said:
9k mile example just listed by JZM looks good value at £80k . Must be one of the best out there .
500 miles in 2 years - criminal really isnt itlemmingjames said:
Turbo Jonny said:
9k mile example just listed by JZM looks good value at £80k . Must be one of the best out there .
500 miles in 2 years - criminal really isnt itjackwood said:
Current owner had a LOT of cars to split his mileage between. This car will be immaculate. Fastidiously maintained.
I dont doubt that, lucky him though and good to see them sellingJust had suspension refresh, left spring cup thingy was breaking, right side okay. Rubbers all good. Could have reused my parts but the labour time to clean up and put back on was equivalent of doing an exchange.
Guess my 10k 10 year refresh rolls on for a few more years to wait
Mousem40 said:
£10k for a dealer profit is correct. I called a dealer the other day and asked them for a bid and offer on 2 GT3s, they gave me £10k spreads on both. (£60-100k price bracket). But that's a dealer price. If you're going to sell privately you'd want to sell in between that spread or there would be no private market at all.
Not quite when SoR commission is between 5 and 7.5%, albeit there may be some prep cost to absorb as the vendor too. Which is also why it makes sense to may vendors to do this so the dealer does all the leg work. Edited by Mousem40 on Thursday 4th June 09:57
I have a RHD 2004 GT3 MkII Clubsport, and am trying to figure out what it is worth for trackday insurance cover.
Anyone help?
Has done a bit over 70K, good condition (not Cat D or anything) but patchy service history (previous owner servied himself).......bought it at the cheaper end of prices on purpose about 18months ago as wanted to track it and not worry too much if I disappeared into a gravel trap!
I am guessing minimum I should insure it for now would be 45-50k?
Will be a shame if these cars get too valuable to track ......seems odd given presumably value of 997GT3 and 991 GT3's must put some sort of a lid on what a 996Mk II is worth, no?
Anyone help?
Has done a bit over 70K, good condition (not Cat D or anything) but patchy service history (previous owner servied himself).......bought it at the cheaper end of prices on purpose about 18months ago as wanted to track it and not worry too much if I disappeared into a gravel trap!
I am guessing minimum I should insure it for now would be 45-50k?
Will be a shame if these cars get too valuable to track ......seems odd given presumably value of 997GT3 and 991 GT3's must put some sort of a lid on what a 996Mk II is worth, no?
rockgod42 said:
I have a RHD 2004 GT3 MkII Clubsport, and am trying to figure out what it is worth for trackday insurance cover.
Anyone help?
Has done a bit over 70K, good condition (not Cat D or anything) but patchy service history (previous owner servied himself).......bought it at the cheaper end of prices on purpose about 18months ago as wanted to track it and not worry too much if I disappeared into a gravel trap!
I am guessing minimum I should insure it for now would be 45-50k?
Will be a shame if these cars get too valuable to track ......seems odd given presumably value of 997GT3 and 991 GT3's must put some sort of a lid on what a 996Mk II is worth, no?
You would be very underinsured at 45-50. That was the price 2 yrs ago. This thread documents all the cars, prices and adverts. Anyone help?
Has done a bit over 70K, good condition (not Cat D or anything) but patchy service history (previous owner servied himself).......bought it at the cheaper end of prices on purpose about 18months ago as wanted to track it and not worry too much if I disappeared into a gravel trap!
I am guessing minimum I should insure it for now would be 45-50k?
Will be a shame if these cars get too valuable to track ......seems odd given presumably value of 997GT3 and 991 GT3's must put some sort of a lid on what a 996Mk II is worth, no?
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