996 gt2/3/3rs prices. are they mad?

996 gt2/3/3rs prices. are they mad?

Author
Discussion

Rob_T

Original Poster:

1,916 posts

251 months

Tuesday 19th May 2015
quotequote all
so i have been out of the porsche market for a while. about 9 years now. wow that makes me feel old.


the last car i had was a 996 gt2 that i bought for £60k and sold for £57k. i put a deposit down on a gt3rs for £65k but then decided against it. roll on to now and i'm thinking about getting a 991gts.

started looking through the classifieds and have noted the extraordinary prices being asked for 996 gt variants. a gt3rs for £120k odd!!!! a gt3 mk1 for £70k odd!!!! a gt2 for £90k or so. what sort of fool buys those cars for those prices!!!

they were nice cars 10 or 15 years ago, but ultimately they are old cars now. the gt cars would have been tracked hard (they were when i used to do track days).

i wonder who has my old red gt2 with clubsport spec (mk1 996) and what the sort of value of it would be now. they did look good back in the day but now 996's just look old and crap (except for the c4s which somehow still looks awesome) but that's just my opinion!

interested if anyone has an answer to this.

fredt

847 posts

147 months

Tuesday 19th May 2015
quotequote all
Yeah and dont get me started on 70's 911's costing 100s of thousand of pounds.

Just old cars. I don't get it rolleyes

bigunit00

890 posts

147 months

Tuesday 19th May 2015
quotequote all
[quote=Rob_T]i wonder who has my old red gt2 with clubsport spec (mk1 996) and what the sort of value of it would be now. quote]

current asking price would probably be around £120-150k i reckon (vanilla cars are up for c£90k). Rare colour and spec for the 996 GT2.

Rob_T

Original Poster:

1,916 posts

251 months

Tuesday 19th May 2015
quotequote all
fredt said:
Yeah and dont get me started on 70's 911's costing 100s of thousand of pounds.

Just old cars. I don't get it rolleyes
neither do i. but then as they say a fool and his money are easily parted.

the amount of flack 996's got at the time for not being purists 911's because they were water cooled and not air cooled as well.

ps - i got your sarcasm but my point about fools and money stands - especially on 996's. there's nothing remotely iconic about them to justify those prices.

pete a

3,799 posts

184 months

Tuesday 19th May 2015
quotequote all
Red GT2 clubsport, Holy grail car. £100k + easy.

jfp

514 posts

223 months

Tuesday 19th May 2015
quotequote all
Rob_T said:
especially on 996's. there's nothing remotely iconic about them to justify those prices.
You're in the minority - most consider the 996GT3 to be the all time great in terms of 911. The GT2 has a smaller audience but is equally special. Out of interest what do you drive now / consider to be "iconic"....?

Rob_T

Original Poster:

1,916 posts

251 months

Tuesday 19th May 2015
quotequote all
jfp said:
You're in the minority - most consider the 996GT3 to be the all time great in terms of 911. The GT2 has a smaller audience but is equally special. Out of interest what do you drive now / consider to be "iconic"....?
iconic 911 for me is a 1973 rsr.

currently i don't have anything remotely interesting - a CLS shooting break and a golf gti. as i said in my original post i've been out of the porsche scene for a while now and just getting itchy feet again. i looked at a 991 gts the other week but not sure. i considered others like AM's and the usual suspects, but really the 911 is the only car i would really want. so it's a case of which variant. all i know is it has to be white and have the duck tail, even if i have to get it retrofitted!

fredt

847 posts

147 months

Tuesday 19th May 2015
quotequote all
Rob_T said:
neither do i. but then as they say a fool and his money are easily parted.

the amount of flack 996's got at the time for not being purists 911's because they were water cooled and not air cooled as well.

ps - i got your sarcasm but my point about fools and money stands - especially on 996's. there's nothing remotely iconic about them to justify those prices.
I'm not a 'purist' kind of guy.. I quite like the fact the 996 is universally 'hated' (this is changing though). I actually love the look of the GT2, always have, so I bought one.

By the way the fool has been the one who didn't part with his money over the last few years..

Regards,
jester

PTT

664 posts

121 months

Tuesday 19th May 2015
quotequote all
Yes, awful looking 996


hondansx

4,569 posts

225 months

Tuesday 19th May 2015
quotequote all
Not it's best angle... but GT2 is best looking of the 996s.

I do agree witht the senitment of the post. I do remember back in the day when trackdays were full of 996 and 997s and were ragged the **** out of! Now they're all 'mint' cars for collectors...lol.

keep it lit

3,388 posts

167 months

Tuesday 19th May 2015
quotequote all




yeah hate mine.. dull slow unengaging heavy ass fking ugly piece of st smile
would have been better chucking my hard earned into an AM or a F for sure!

shantybeater

1,193 posts

169 months

Tuesday 19th May 2015
quotequote all
Looks are subjective, and any real petrolhead will be interested in the way the cars drive - and although the superficial comments about fried egg headlights has somehow overshadowed everything else, the reality is they were greeted with incredibly positive reviews - in fact shining reviews and were technically miles ahead of the 993. Yes they are 10+ years old but I hate to break it to you, owning a 64 plate car doesn't make you any cooler or better than someone owning a 63 plate car. Age is absolutely nothing to someone REALLY interested in cars.

Choose your weapon based on what you like, and how it makes you feel regardless of age or price.

My preference? I quite like the 'ugly' 996, and find the 991 less attractive. If I had the money it would go on a 996/997GT2, nothing 991 vaguely interests me. Fortunately for 996 owners not everyone agrees with your comments, proved entirely on their residual values




Edited by shantybeater on Tuesday 19th May 16:27

996GT2

2,649 posts

210 months

Tuesday 19th May 2015
quotequote all
Red 996 GT2s are very rare - I've got a list of 996s, have around 80 - 90 cars and only 4 are Guards Red, one of those is a mk2 with nav - of the mk1s one isn't in very good nick so your old car is potentially one of two red mk1s worth owning.

I own a 997 GT2 but I reckon the 996 looks just as good, they have massive presence in red, here's the mk2 at Hedingham last year






Mark A S

1,836 posts

188 months

Tuesday 19th May 2015
quotequote all


"Old and Crap" is a little harsh wink I agree on the 73 RSR though.

fredt

847 posts

147 months

Tuesday 19th May 2015
quotequote all
996GT2 said:
Red 996 GT2s are very rare - I've got a list of 996s, have around 80 - 90 cars and only 4 are Guards Red, one of those is a mk2 with nav - of the mk1s one isn't in very good nick so your old car is potentially one of two red mk1s worth owning.

I own a 997 GT2 but I reckon the 996 looks just as good, they have massive presence in red, here's the mk2 at Hedingham last year

Yep, best is speed yellow though!

Wish mine wasn't boring fekking silver(beggars can't be choosers), I recon I will stick some massive flames on it. Just for the hell of it!

Rob_T

Original Poster:

1,916 posts

251 months

Tuesday 19th May 2015
quotequote all
look i'm not here to argue or upset anyone just staggered how much prices have gone up.

this is a pic of my car on the way back from le mans one year:






for interests sake, my car was originally the porsche gb owned car as in this video:

https://www.youtube.com/watch?v=qpzFr_KdKDk

if you look at around 4.50 on the video, exactly the same happened to me at bedford autodrome way back in 2005 after some enthusiastic tracking.

dunno if the provenance would add more value to it!

happy days...

EVOeng

957 posts

170 months

Tuesday 19th May 2015
quotequote all
Rob_T said:
look i'm not here to argue or upset anyone just staggered how much prices have gone up.

this is a pic of my car on the way back from le mans one year:






for interests sake, my car was originally the porsche gb owned car as in this video:

https://www.youtube.com/watch?v=qpzFr_KdKDk

if you look at around 4.50 on the video, exactly the same happened to me at bedford autodrome way back in 2005 after some enthusiastic tracking.

dunno if the provenance would add more value to it!

happy days...
I saw that car almost a year ago now. The provenance certainly adds value.

keep it lit

3,388 posts

167 months

Tuesday 19th May 2015
quotequote all
Rob_T said:
look i'm not here to argue or upset anyone just staggered how much prices have gone up.

this is a pic of my car on the way back from le mans one year:






for interests sake, my car was originally the porsche gb owned car as in this video:

https://www.youtube.com/watch?v=qpzFr_KdKDk

if you look at around 4.50 on the video, exactly the same happened to me at bedford autodrome way back in 2005 after some enthusiastic tracking.

dunno if the provenance would add more value to it!

happy days...
Rob I remember seeing your car at LM 200?... we were in a SY 996.1 GT3 camping on the Houx Annex great days!

996GT2

2,649 posts

210 months

Tuesday 19th May 2015
quotequote all
EVOeng said:
Rob_T said:
look i'm not here to argue or upset anyone just staggered how much prices have gone up.

this is a pic of my car on the way back from le mans one year:






for interests sake, my car was originally the porsche gb owned car as in this video:

https://www.youtube.com/watch?v=qpzFr_KdKDk

if you look at around 4.50 on the video, exactly the same happened to me at bedford autodrome way back in 2005 after some enthusiastic tracking.

dunno if the provenance would add more value to it!

happy days...
I saw that car almost a year ago now. The provenance certainly adds value.
Just looking for a bit more info on this car and on another thread it's mentioned that the GR press car was written off? On the reg I assumed this car was the one registered on 17th July 2001?? that the one?


Crimp

909 posts

187 months

Tuesday 19th May 2015
quotequote all
Prices are mad if you're buying.
Prices are great if you're selling.

I was one of the unfortunate ones who has owned a 2 and a 3 and sold for what I call sensible money. cry

That said I have made money on some of the old air-cooled stuff so not all bad.

If I had the money now would I buy a GT Pork at the inflated market price?

No.