997 gt3 prices

Author
Discussion

PorscheGT4

21,146 posts

265 months

Saturday 16th May 2015
quotequote all
g7jhp said:
State the obvious. You need to go into buying any car with your eyes wide open, especially a performance car as it's likely to have been driven faster. Get it checked and understand what needs doing.

Just because nothing has been spent, doesn't mean you will have to it could have led an easy life (but that may present other issues).

I don't buy this automatic £10k spend, it's a long standing joke!

Care to justify the £10k with a breakdown?
I have many times, if any thing that's under what needs doing depending on miles of course, it's far from a joke.

g7jhp

6,964 posts

238 months

Saturday 16th May 2015
quotequote all
PorscheGT4 said:
g7jhp said:
State the obvious. You need to go into buying any car with your eyes wide open, especially a performance car as it's likely to have been driven faster. Get it checked and understand what needs doing.

Just because nothing has been spent, doesn't mean you will have to it could have led an easy life (but that may present other issues).

I don't buy this automatic £10k spend, it's a long standing joke!

Care to justify the £10k with a breakdown?
I have many times, if any thing that's under what needs doing depending on miles of course, it's far from a joke.
So give us the breakdown?

PorscheGT4

21,146 posts

265 months

Saturday 16th May 2015
quotequote all
g7jhp said:
So give us the breakdown?
are you clueless then ?

disks front esp on a 24k car they might be still 1st fit (or even a alcon upgrade but then you are way over the 10k point)
disks rear again on low miles car prob org items.
pads all round
diff (chocolate oem, many then fit the cup unit )
clutch (while diff is out you may as well or visa virsa)
top mounts
damper rebuild
all bush's
ac condensors
coil packs
rear exhaust rot
AC rads
normal rads
rear toe arms
drop links (very common and the gt3 parts seems 3x the normal part)
tyres
full geo
maybe springs due to 911 sag or broken rings
a big OPC service.
Alternator
Battery
wheels bearings

you see and hear people changing one or 2 of those items daily here if it's not about prices and or PDK .
so while some of these things may have been done or some will not need doing yet, they will all need doing on a 8/10 year old car and esp on a 15 year old car !

996 you find a lot of stuff has now been done , but the 997 people jump ship when stuff needs doing esp at todays values, buy one with nothing done and you could see a big spend over the next 2 years of its life.

even the normal full set of tyres, a full set of disks and pads with in a major service is >£4k, many jump ship then as part ex value out weighs doing the work.

GT4RS

Original Poster:

4,424 posts

197 months

Saturday 16th May 2015
quotequote all
Let's face it I bet most of the 996 / 997 gt3 currently for sale need at least 5 grand spending on them.

People jump ship when money needs to be spent, and the ones who think they can make a quick buck will now bail without spending.

As with any second hand Porsche it's best to pay an independent specialist to check it out before purchase. If the seller won't allow walk away.

70k for a 8 to 10 year old Porsche that needs work does not = bargain in my book!

g7jhp

6,964 posts

238 months

Saturday 16th May 2015
quotequote all
PorscheGT4 said:
are you clueless then ?

disks front esp on a 24k car they might be still 1st fit (or even a alcon upgrade but then you are way over the 10k point)
disks rear again on low miles car prob org items.
pads all round
diff (chocolate oem, many then fit the cup unit )
clutch (while diff is out you may as well or visa virsa)
top mounts
damper rebuild
all bush's
ac condensors
coil packs
rear exhaust rot
AC rads
normal rads
rear toe arms
drop links (very common and the gt3 parts seems 3x the normal part)
tyres
full geo
maybe springs due to 911 sag or broken rings
a big OPC service.
Alternator
Battery
wheels bearings

you see and hear people changing one or 2 of those items daily here if it's not about prices and or PDK .
so while some of these things may have been done or some will not need doing yet, they will all need doing on a 8/10 year old car and esp on a 15 year old car !

996 you find a lot of stuff has now been done , but the 997 people jump ship when stuff needs doing esp at todays values, buy one with nothing done and you could see a big spend over the next 2 years of its life.

even the normal full set of tyres, a full set of disks and pads with in a major service is >£4k, many jump ship then as part ex value out weighs doing the work.
No I'm not clueless, just interested in the amount of work you expect a 997.1 GT3 to need. It's a good list. smile

Many of the points you mention are standard to buying any car - service, tyres, disks, clutch. Others are more focused to Porsche - rads. A Few are GT3 specific due to use - diff, suspension etc.

They won't all need doing, it very much depends on the car and the life it's led.

I'd ensure my car had a pre-purchase inspection and picked up on these points which would have been part of the negotiation. If it was JZM selling i'd expect them to have been over all these points and wouldn't expect any further work.

Your Spyder/Cayman R could well need many of the same points it all depends on how you've used them (tracked or garage queens).

Sure a few of the 997.1 GT3 owners will comment on what their car required and whether they expected it.



pete a

3,799 posts

184 months

Saturday 16th May 2015
quotequote all
Mines in now having a major service with spark plugs, needed a replacement side indicator as it had water in, rear near side shock was leaking so getting both rear shocks refurbed at Bilstein, new alcon discs were fitted about 6k miles ago new pads last year and tyres on front, oh and new starter motor being fitted as well.

It also had a few bits done by JZM pre purchase three years ago like battery, rear tyres, rear discs.

So a few grand now but not 10k.

If the car has been looked after on an ongoing basis then the bills are spread out over time, agreed if nothing's ever been changed things will get expensive.

I'm also getting my steering wheel changed to a new alcantara one.

I think I'm going to keep it for a long time so don't mind spending out on a few bits.

GT4RS

Original Poster:

4,424 posts

197 months

Saturday 16th May 2015
quotequote all
Let's face it I bet most of the 996 / 997 gt3 currently for sale need at least 5 grand spending on them.

People jump ship when money needs to be spent, and the ones who think they can make a quick buck will now bail without spending.

As with any second hand Porsche it's best to pay an independent specialist to check it out before purchase. If the seller won't allow walk away.

70k for a 8 to 10 year old Porsche that needs work does not = bargain in my book!

pete a

3,799 posts

184 months

Saturday 16th May 2015
quotequote all
GT4RS said:
70k for a 8 to 10 year old Porsche that needs work does not = bargain in my book!
1st off good luck getting a good low miles one for 70k, more like somewhere between 75-90k depending upon mile, condition and who you buy from.

Like a lot of Porsche models the prices have gone up to a point where people are priced out of them, just look at a gen 2 RS.

You clearly want one else you wouldn't have started this thread, I think they will keep going up so if you do want one I'd get one now before they get higher or none for sale like the 996 . It wasn't long ago that there were loads of 996 GT3's in the classifieds at 40k with no one buying them, look how that panned out.

ssute

96 posts

234 months

Saturday 16th May 2015
quotequote all
Just for the record, I bought the JZM GT3. The car is as new, all original paint, the harness and fire extinguisher still in the original boxes. The car has wanted for nothing. Every bill and mot from new. Got a good deal on my 996 GT3. Very happy

g7jhp

6,964 posts

238 months

Saturday 16th May 2015
quotequote all
ssute said:
Just for the record, I bought the JZM GT3. The car is as new, all original paint, the harness and fire extinguisher still in the original boxes. The car has wanted for nothing. Every bill and mot from new. Got a good deal on my 996 GT3. Very happy
Glad it's not going to cost you an extra £10k (min) over the next 2 years, enjoy! wink

PorscheGT4

21,146 posts

265 months

Saturday 16th May 2015
quotequote all
what bills have you got for it then. ?

drop links and top mounts seem to be a very common.

it's a sensible list I made for you guys, yes NOT every thing needs doing of course, but that is a good list to check to see what has been done.

And of course all the same bits are def Cayman R related also once it gets older.

Edited by PorscheGT4 on Saturday 16th May 16:24

ssute

96 posts

234 months

Saturday 16th May 2015
quotequote all
The drop links and top mounts have not been replaced and do not need replacing at the moment. It really depends on what use the vehicle has hsd. The better the car you buy the less problems you should have, in my opinion.

drmark

4,836 posts

186 months

Saturday 16th May 2015
quotequote all
ssute said:
The drop links and top mounts have not been replaced and do not need replacing at the moment. It really depends on what use the vehicle has hsd. The better the car you buy the less problems you should have, in my opinion.
Congratulations - nice car. But if you track it / it has been tracked then expect the bills. By 20k my 996.2 had new dampers all round, ARBs, toe links, numerous bushes and new diff plates. Not 10k by any means but still a lot.

Scooty100

1,469 posts

116 months

Saturday 16th May 2015
quotequote all
Oh Yay Oh Yay

GT4RS

Original Poster:

4,424 posts

197 months

Sunday 17th May 2015
quotequote all
pete a said:
1st off good luck getting a good low miles one for 70k, more like somewhere between 75-90k depending upon mile, condition and who you buy from.

Like a lot of Porsche models the prices have gone up to a point where people are priced out of them, just look at a gen 2 RS.

You clearly want one else you wouldn't have started this thread, I think they will keep going up so if you do want one I'd get one now before they get higher or none for sale like the 996 . It wasn't long ago that there were loads of 996 GT3's in the classifieds at 40k with no one buying them, look how that panned out.
You may want to have a read about 991 gt3 values

They are not currently going up, 997 / 996 will shortly follow suit.

jms1

225 posts

196 months

Sunday 17th May 2015
quotequote all
ssute said:
Just for the record, I bought the JZM GT3. The car is as new, all original paint, the harness and fire extinguisher still in the original boxes. The car has wanted for nothing. Every bill and mot from new. Got a good deal on my 996 GT3. Very happy
Looks like you've got a really nice car there. Well done! Reminds me of the first GT3 I seriously looked at buying over 5 years ago from a friend. The price then was approximately £60k. I ended up buying a Cayman S Sport as my first Porsche because I wasn't ready to commit to spending that much money on a car; however, whilst the Cayman was an amazing drive I kept looking at GT3's and driving them. The magic was still there so I kept looking but the values at the OPC's didn't seem to change. Year on year they were still £65-£70k.

I finally took the plunge on my 40th and committed to a lovely 997.1 GT3 in GT Silver, clubsport trim, extended leather etc. Whilst it was was a lot of money to have tied up in a car, I was comforted by the fact that it would cost me no more in depreciation than a £30k performance saloon car. At the time I had no idea that values would rise over such a short period of time and fully accepted that it would depreciate (hopefully slowly) in comparison to most other cars of a similar value.

I'm now seeing 997.1 GT3s up for sale at the same price (or more in some instances) as my last 997.2 GT3 that I bought 3 years ago (2,500 on the clock, PTS, lift, ceramics, clubsport, lightweight seats etc) which tells me the market is certainly at a high. The only thing for sure is that these cars offer one of THE best driving experiences around for realistic money and they will continue to be highly sought after.

For those of fortunate enough to afford one of these cars it's a real bonus that our motors aren't losing money and it's certainly keeping the total cost of ownership down! However, for those wanting to get into the market, like I was a few years ago (or for someone looking to upgrade to an RS maybe), it is a very frustrating time indeed.

I count myself as being very lucky to have bought one of these cars when I did and to be totally satisfied with it as it is smile

ssute

96 posts

234 months

Sunday 17th May 2015
quotequote all
Thanks jms1 I am very pleased with my purchase. One owner as new GT3's will only get harder to find. I px my 996GT3 which had also risen in price so price is subjective. Prices rise and fall. The GT3 is a special car with a mezger engine and they don't make them anymore.

Buffalo Girls

263 posts

212 months

Sunday 17th May 2015
quotequote all
Congratulations ssute. It looks like a great buy

Scooty100

1,469 posts

116 months

Sunday 17th May 2015
quotequote all
ssute said:
Just for the record, I bought the JZM GT3. The car is as new, all original paint, the harness and fire extinguisher still in the original boxes. The car has wanted for nothing. Every bill and mot from new. Got a good deal on my 996 GT3. Very happy
Congrats I have an almost identical CS Gen 1 and no 10k spend needed.

Are JZM selling your 996 soon or has it already been placed? Cheers

PS congrats on the car JZM sell only the best

ssute

96 posts

234 months

Sunday 17th May 2015
quotequote all
Thanks for the positive comments. JZM will be offering my 996GT3 shortly. It has done 25k and is as new.. Every mot and bill from new. I had the front end protected with the new self healing amour fend. The car has all original panels etc. The car is as new.