997 GTS - Hexagon

997 GTS - Hexagon

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Cheib

Original Poster:

23,215 posts

175 months

Saturday 5th November 2016
quotequote all
13m said:
Cheib said:
There are definitely a lot more around....part seasonal I am sure but I reckon the silly prices Hexagon are asking (and not achieving very often) has flushed out some sellers.
Where are you seeing all these cars? There's only one 2wd coupe left in the network.
Sorry, I wasn't talking 2wd coupe's rather generic GTS's

13m

26,271 posts

222 months

Saturday 5th November 2016
quotequote all
Cheib said:
Sorry, I wasn't talking 2wd coupe's rather generic GTS's
Even if you include 4wd and cabs you're not looking at many.

13m

26,271 posts

222 months

Monday 5th December 2016
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That manual is sticking at Brooklands. Okay, it's poverty spec but I thought manual cars were desperately sought-after.

Magic919

14,126 posts

201 months

Monday 5th December 2016
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Neither looked that good to me when I was there.

13m

26,271 posts

222 months

Monday 5th December 2016
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Magic919 said:
Neither looked that good to me when I was there.
How so?

Porsche911R

21,146 posts

265 months

Monday 5th December 2016
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prices are a tad too much now imo. great cars now over priced ;-(

13m

26,271 posts

222 months

Monday 5th December 2016
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Porsche911R said:
prices are a tad too much now imo. great cars now over priced ;-(
Well, the one I refer to notwithstanding, the market seems not to agree.

Fokker

3,460 posts

222 months

Monday 5th December 2016
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They're still selling well in the high 60's and 70's as far as I can see and thats in the winter!
they'll maintain value i reckon... Great cars for the money

Porsche911R

21,146 posts

265 months

Monday 5th December 2016
quotequote all
13m said:
Well, the one I refer to notwithstanding, the market seems not to agree.
Hexagon have 6 of then for a start ! trying to keep prices high.
was a nice by at £60k sub 20k miles, but now miles have gone up as have prices, not great value imo.

You are at a point low miles cars are more than I paid for my GT4 !
and again just about gets you into a 997 GT3.

Edited by Porsche911R on Monday 5th December 19:00

av185

18,503 posts

127 months

Monday 5th December 2016
quotequote all
Yes 997 still great car but at £70k too much for an old car imho.

991 a better buy at mid £80ks.

Porsche911R

21,146 posts

265 months

Monday 5th December 2016
quotequote all
av185 said:
Yes 997 still great car but at £70k too much for an old car imho.

991 a better buy at mid £80ks.
well not in the same context as a 991 is a bit meh

but for mid 40's you can buy a nice 997.2 S, A GTS is not worth 20k more, but was worth £10k more.

Fokker

3,460 posts

222 months

Monday 5th December 2016
quotequote all
av185 said:
Yes 997 still great car but at £70k too much for an old car imho.

991 a better buy at mid £80ks.
You won't find many 991 GTS' in the mid 80's.

Cheib

Original Poster:

23,215 posts

175 months

Monday 5th December 2016
quotequote all
Porsche911R said:
Hexagon have 6 of then for a start ! trying to keep prices high.
was a nice by at £60k sub 20k miles, but now miles have gone up as have prices, not great value imo.

You are at a point low miles cars are more than I paid for my GT4 !
and again just about gets you into a 997 GT3.

Edited by Porsche911R on Monday 5th December 19:00
The price you paid for your GT4 is irrelevant unless you want to sell it for that though! Also the GTS's gearing is somewhat better suited to road use than the GT4 with its 85 mph second gear! They're actually quite closely matched in some ways...GTS has 20 more bhp and the Gt4 is 100kg lighter. Clearly the GT4 has got (most of) its big brothers suspension set up though

GTS's pop up from good dealers for at least £5k less than Hexagon ask, you just have to be patient.

The 997 GTS gets a mention and 5 star rating in this month's Evo

" Few 911s before or since have been blessed with the breadth of talent to take everyday use in their stride yet offer a driving high so sweet you’re left questioning the need for anything faster or more aggressive"

There are plenty of people who've driven a lot more 911's than me that rate it very highly. It's just a fantastic road car in my book, where I drive mine on country roads/lanes there's just no need for anything faster, firmer riding or bigger.

Edited by Cheib on Monday 5th December 22:34

Porsche911R

21,146 posts

265 months

Monday 5th December 2016
quotequote all
I love the GTS.

A year on the cars have more miles and higher prices, they just don't seem as good value.
Still a 5 star car, just not as good a buy as it was.

I was on the hunt for one but had my GT4 coming and a 2010 15k mile GTS vs a fully loaded new GT4, I took the GT4 at he same price.

Some people won't pay £90k for a GT4 which is fair enough, I won't pay £75k for a GTS.

All these cars are crazy prices, :-(

Cheib

Original Poster:

23,215 posts

175 months

Tuesday 6th December 2016
quotequote all
Porsche911R said:
Some people won't pay £90k for a GT4 which is fair enough, I won't pay £75k for a GTS.

All these cars are crazy prices, :-(
£75k for a GTS is a nonsense in my book....feels to me like £20k to £25k is about the right differential for a 997 GTS vs a 991 GTS or a GT4...I suspect that is about what the difference is in trade prices is (although maybe less at the moment in the case of the GT4 because of the amount on the market in the short term). You can't use Hexagon's daft asking prices for a benchmark for where the market really is.


13m

26,271 posts

222 months

Tuesday 6th December 2016
quotequote all
Cheib said:
Porsche911R said:
Some people won't pay £90k for a GT4 which is fair enough, I won't pay £75k for a GTS.

All these cars are crazy prices, :-(
£75k for a GTS is a nonsense in my book....feels to me like £20k to £25k is about the right differential for a 997 GTS vs a 991 GTS or a GT4...I suspect that is about what the difference is in trade prices is (although maybe less at the moment in the case of the GT4 because of the amount on the market in the short term). You can't use Hexagon's daft asking prices for a benchmark for where the market really is.
The thing is, you can't buy a 997 GTS anymore. If you could, I'd buy a new one.






Fokker

3,460 posts

222 months

Tuesday 6th December 2016
quotequote all
It could be a rocky 2017 so I wouldn't be surprised if prices fell a little. the GT3 market seems very stagnant. JZM seem to be the only outfit selling continuously?

I think 997 GTS' will be fairly stable, maybe a slight drop but the more expensive stuff will soften. Just my prediction.


Cheib

Original Poster:

23,215 posts

175 months

Tuesday 6th December 2016
quotequote all
Fokker said:
It could be a rocky 2017 so I wouldn't be surprised if prices fell a little. the GT3 market seems very stagnant. JZM seem to be the only outfit selling continuously?

I think 997 GTS' will be fairly stable, maybe a slight drop but the more expensive stuff will soften. Just my prediction.
I bought my car in Feb last year as something to enjoy but in the expectation that over the next few years I will lose money on it....I still believe that. The current "new paradigm" will revert to the norm at some stage.

I agree that I think prices will soften...all those new 991.2 GT3's, GT3 RS's, GT2's and GT2 RS's have to find a home and many of those cars will be bought by people that own 991.1's etc.

chrisABP

1,112 posts

148 months

Tuesday 6th December 2016
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Cheib said:
You can't use Hexagon's daft asking prices for a benchmark for where the market really is.
Can't you....?

The thing is I've seen a couple of cars here at ABP (for Sharkwerks bypass pipes) which were bought from Hexagon for £70k+ so people are buying them. Every 997 GTS that 911 Virgin or JZM list for sale are sold usually within 2-3 days and these are also creeping up to £65-£70k for relatively poor spec cars now with 25-35k miles so they are selling at this new price level.

When I bought mine in September 2014 it was listed on the Friday and by the time I paid a holding deposit at 3pm that day there were 3 more interested parties (and no it wasn't sales BS) wanting to view that weekend so the desirability seemingly hasn't declined for the last 2 years!

With the 997.2 GT3 (my ideal upgrade) now at £110k+ with good spec examples still selling quickly why wouldn't the very capable and next best 997 be worth £75k...?

Time will tell but I still love mine and as much as I fancy a 997.2 GT3 or 981 Spyder for the time being its a keeper.

Chris

Fokker

3,460 posts

222 months

Tuesday 6th December 2016
quotequote all
chrisABP said:
Can't you....?

The thing is I've seen a couple of cars here at ABP (for Sharkwerks bypass pipes) which were bought from Hexagon for £70k+ so people are buying them. Every 997 GTS that 911 Virgin or JZM list for sale are sold usually within 2-3 days and these are also creeping up to £65-£70k for relatively poor spec cars now with 25-35k miles so they are selling at this new price level.

When I bought mine in September 2014 it was listed on the Friday and by the time I paid a holding deposit at 3pm that day there were 3 more interested parties (and no it wasn't sales BS) wanting to view that weekend so the desirability seemingly hasn't declined for the last 2 years!

With the 997.2 GT3 (my ideal upgrade) now at £110k+ with good spec examples still selling quickly why wouldn't the very capable and next best 997 be worth £75k...?

Time will tell but I still love mine and as much as I fancy a 997.2 GT3 or 981 Spyder for the time being its a keeper.

Chris
Its all down to supply and demand at the end of the day isn't it. I think as long as there is little to choose from the in the classifieds, prices will stay strong.
There are only ever a handful for sale and as time goes on, they will become rarer due to people keeping them longer term as newer cars change hands more frequently. This is good news for residuals.

There is a nice 997.2 GT3 up now with 4 owners and 22k miles for £99995. The miles are fine, owners slightly high i suppose although quite the norm and the spec is good if you're not after buckets.
It could be a winter price, there will be a reason its not shifting. There are very few on the market, almost as many LHD ones in fact at almost the same money. There is the possibility that 991.1 manual buyers will be trading in their 997 GT3 and possibly even 996 GT3 so towards the end of next year we could see a few more on the market but only short term until they find buyers who are likely to keep them longer term.

Brexit could cause a hickup but I think that's all it will be. We might not see silly season again such as the past few years increases but older well looked after low production porsches will always be a safe bet - Until petrol cars are banned that is which is a fair few years away!

Edited by Fokker on Tuesday 6th December 13:32