997.2 GT3 RS.....sensible buy at the moment?

997.2 GT3 RS.....sensible buy at the moment?

Author
Discussion

KevinBird

1,036 posts

207 months

Tuesday 13th December 2016
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nigelonich said:
Thats what I thought a year ago!
To me!

Jim1556

1,771 posts

156 months

Tuesday 13th December 2016
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isaldiri said:

Isn't that carreralightweightracing's car?
It is, was just having a quick perv earlier...

LaSource

2,622 posts

208 months

Tuesday 13th December 2016
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Sam996RS said:
It's interesting that that one sold so quickly when there are others in the classifieds that have been on the market for ages - like the white/red 997.2RS for £159,950.
There is always a reason for something sticking around. The car above I understand is not a C16 car and has also lived a life in other parts of europe. Nothing wrong with that per se if everything checks out, but it does affect value in UK.

7.2RS have been selling. I know a few recent buyers, however perhaps its the value of these cars now or the type of buyer, but they don't get plastered on forums announcing 'hey, look what I've just bought!'

Harris_I

3,228 posts

259 months

Wednesday 14th December 2016
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BobToc said:
For all the talk of low mileage cars, do high mileage cars ever come up? A couple of trips to Spa adds a few 000s kms every year, and I'd rather not be watching the clock. They can't deteriorate that much with mileage, can they?
Low mileage fetishism is being driven by speculators and collectors. These cars are engineered to last. Six figure mileage is absolutely fine if the car is properly maintained.

Also the gen 1 with an engine and gearbox rebuild posted above seems to me to be more desirable than one without a rebuild. If I was in the market to buy, that's what I would be looking at. Why buy a thoroughbred racehorse that doesn't get exercised and then pampered?

CarreraLightweightRacing

2,011 posts

209 months

Wednesday 14th December 2016
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Harris_I said:
Low mileage fetishism is being driven by speculators and collectors. These cars are engineered to last. Six figure mileage is absolutely fine if the car is properly maintained.

Also the gen 1 with an engine and gearbox rebuild posted above seems to me to be more desirable than one without a rebuild. If I was in the market to buy, that's what I would be looking at. Why buy a thoroughbred racehorse that doesn't get exercised and then pampered?
My car is the one you are referring to.
Engine and gearbox were upgraded to 3.8L (GEN II spec) using Porsche only parts). This was done at 31531 miles. At the same time the Gearbox was also revised to GEN II spec (shorter) and all coolant hoses replaced along with a new clutch. The engine was then run-in for 1500miles, taking the miles to 33000. I have the invoice for €53,728.80 for this. I bought the car with 33967miles on the clock and it is now on 34864miles. Since the complete engine rebuild, the car has had a very easy life with every journey made logged on a mileage log. I have taken it to the NBR GP circuit for 2x 15min sessions under my ownership, purely for testing the set-up of the front axle. This is the only track use the car has seen and I have video footage for entire sessions on track. The engine and gearbox are therefore like new with only very minimal RR1 activity of 34 ignitions at 765.4hours. Currently on 804.4
Many of the other parts of the car are only very low miles, H&R coilovers, Full Akrapovic Titanium exhaust inc manifolds and cats...
So mileage is this case, is pretty much irrelevant as most of the components which suffer mileage related issues are only 3000miles on my car.

nigelonich

1,017 posts

220 months

Wednesday 14th December 2016
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KevinBird said:
To me!
Nice one. What took you so long....?



ttdan

1,091 posts

193 months

Wednesday 14th December 2016
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jimmyslr said:
That's interesting. You wonder about how hard it's life has been to have had a full engine and 'box rebuild. The front cage is also suggestive of a track centric existence. Could be a good buy and superbly maintained, but LHD, decent volume of miles, non-standard and used hard might also be driving the pricing.
Could be fine, who did all the work on it and why would be a question. Seem to recall it being discussed on here the last time it sold.

CarreraLightweightRacing

2,011 posts

209 months

Thursday 15th December 2016
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ttdan said:
jimmyslr said:
That's interesting. You wonder about how hard it's life has been to have had a full engine and 'box rebuild. The front cage is also suggestive of a track centric existence. Could be a good buy and superbly maintained, but LHD, decent volume of miles, non-standard and used hard might also be driving the pricing.
Could be fine, who did all the work on it and why would be a question. Seem to recall it being discussed on here the last time it sold.
Fully understand the concerns here guys. I was very sceptical when buying the car. What the car is and how it has been used are at odds with one another. In answer to the questions above.
From the factory the car was fitted with option 595 (P/N: 997 580 985 90) the front roll cage extension at a cost of €5353.18. The first owner only kept the car 10 months then sold to an elderly gentleman who was clearly not the full shilling. When the Gen II came out with the extra power, 3.8l... he decided it was unfair and took the car to Teichmann Racing to have the same engine and gearbox. There was nothing wrong with the engine or gearbox. The engine and gearbox were then revised to Gen II 3.8l spec using only Porsche parts at a cost of €53,728.80. The car also has a whole host of other extremely expensive parts fitted like full Akrapovic exhaust, Cargraphic carbon panels/doors, CUP steering system... all coming in at over 100k in cost of parts alone. This old boy never tracked the car and sold it to the next owner in August 2013. This guy is the head honcho for a big supermarket chain in Germany (REWE) a bit like Sainsbury in the UK, and had a CUP car for his son to race (in the VLN I believe). They used this car as a daily for getting about in and I have been informed that the car was not used on track, as they had the CUP car for all the track work and racing. I then bought the car in 2014 and have driven less than 1000miles since I've owned the car. In this time I have serviced the car twice at Teichmann Racing and replaced the front brake discs and pads which haven't even been bed in yet. The car is immaculate, has had a very easy life and had more money spent on it than any other GT3RS I know of. I started a thread about this car here detailing all the intricacies and history. This is not a car I am selling by choice. It is the best car you could ever wish for this side of a CGT if driving is your raison d'etre. Tis a real shame that collectors and the like can't see that but I have to deal with what the market is today hence the criminally low price compared to any other RS you have seen for sale in the last 3 years. The next owner will be absolutely amazed by this car no question; it is a truly magical car to own and drive.

Harris_I

3,228 posts

259 months

Thursday 15th December 2016
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CarreraLightweightRacing said:
Tis a real shame that collectors and the like can't see that but I have to deal with what the market is today
Fully agree CLR. Sounds like a fantastic car. Good luck with the sale.


isaldiri

18,572 posts

168 months

Thursday 15th December 2016
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CarreraLightweightRacing said:
I then bought the car in 2014 and have driven less than 1000miles since I've owned the car. In this time I have serviced the car twice at Teichmann Racing and replaced the front brake discs and pads which haven't even been bed in yet.

. It is the best car you could ever wish for this side of a CGT if driving is your raison d'etre.

. The next owner will be absolutely amazed by this car no question; it is a truly magical car to own and drive.
Without wanting to sound like a prat, given the above, the question then has to be asked I'm afraid - how did you manage to a) not track the car and b) only do less than 1000 miles when you live just around the 'ring....?!

CarreraLightweightRacing

2,011 posts

209 months

Thursday 15th December 2016
quotequote all
isaldiri said:
CarreraLightweightRacing said:
I then bought the car in 2014 and have driven less than 1000miles since I've owned the car. In this time I have serviced the car twice at Teichmann Racing and replaced the front brake discs and pads which haven't even been bed in yet.

. It is the best car you could ever wish for this side of a CGT if driving is your raison d'etre.

. The next owner will be absolutely amazed by this car no question; it is a truly magical car to own and drive.
Without wanting to sound like a prat, given the above, the question then has to be asked I'm afraid - how did you manage to a) not track the car and b) only do less than 1000 miles when you live just around the 'ring....?!
Over 200 flights per year with work (practically in a different country every day), other business projects (B&B and CLR prototype development), family, building extension on house (did this myself in 4 months solid 18hr per day), living overseas with 2xkids with ex-wife in UK, health...


Edited by CarreraLightweightRacing on Thursday 15th December 10:03

MDL111

6,937 posts

177 months

Thursday 15th December 2016
quotequote all
Everytime CLRs car comes up I regret not buying it hen it was for sale a few years ago. Looks absolutely awesome ..... and no, can't buy it now as not enough money at today's prices

Steve Rance

5,446 posts

231 months

Thursday 15th December 2016
quotequote all
CarreraLightweightRacing said:
Over 200 flights per year with work (practically in a different country every day), other business projects (B&B and CLR prototype development), family, building extension on house (did this myself in 4 months solid 18hr per day), living overseas with 2xkids with ex-wife in UK, health...


Edited by CarreraLightweightRacing on Thursday 15th December 10:03
fantastic car. Surprised it's not sold

CarreraLightweightRacing

2,011 posts

209 months

Thursday 15th December 2016
quotequote all
Steve Rance said:
CarreraLightweightRacing said:
Over 200 flights per year with work (practically in a different country every day), other business projects (B&B and CLR prototype development), family, building extension on house (did this myself in 4 months solid 18hr per day), living overseas with 2xkids with ex-wife in UK, health...


Edited by CarreraLightweightRacing on Thursday 15th December 10:03
fantastic car. Surprised it's not sold
Steve I've had offers in the past of €30K Euros more than I am currently selling for, so I have no-one to blame but myself. Just at the time, I couldn't let it go. Today the GBP is not doing so well and I really need to finish off the CLR project, so selling the RS will pay off the remaining mortgage for a house in France and allow me to fund the rest of the CLR development. I need the CLR finished by around April so I don't have time to wait for the optimum price hence me dropping the price so much to give me 3/4 months to finish the 996.

GarageQueen

2,295 posts

246 months

Thursday 15th December 2016
quotequote all
what do we think to this?

http://www.jzmporsche.com/porsche-for-sale/911/gen...

, strong money I reckon, the 10K miles mint example at Swindon Ferrari was 172K I think

Edited by GarageQueen on Thursday 15th December 19:00

Cheib

23,245 posts

175 months

Thursday 15th December 2016
quotequote all
GarageQueen said:
what do we think to this?

http://www.jzmporsche.com/porsche-for-sale/911/gen...

, strong money I reckon, the 10K miles mint example at Swindon Ferrari was 172K I think

Edited by GarageQueen on Thursday 15th December 19:00
Very strong money but looks stunning. Colour on these cars makes such a massive difference to value....if people want a particular colour (even if not PTS) it can seemingly make a huge difference.

KevinBird

1,036 posts

207 months

Wednesday 18th January 2017
quotequote all

Jim1556

1,771 posts

156 months

Thursday 19th January 2017
quotequote all
KevinBird said:
Ludicrous money, that's Carrera GT territory! No modern 911 is worth half a million... rolleyes

Cheib

23,245 posts

175 months

Thursday 19th January 2017
quotequote all
Jim1556 said:
KevinBird said:
Ludicrous money, that's Carrera GT territory! No modern 911 is worth half a million... rolleyes
The PTS JZM car linked to above sold for over £500k in a day or two apparently. Apparently they are!

hondansx

4,569 posts

225 months

Thursday 19th January 2017
quotequote all
CarreraLightweightRacing said:
Fully understand the concerns here guys. I was very sceptical when buying the car. What the car is and how it has been used are at odds with one another. In answer to the questions above.
From the factory the car was fitted with option 595 (P/N: 997 580 985 90) the front roll cage extension at a cost of €5353.18. The first owner only kept the car 10 months then sold to an elderly gentleman who was clearly not the full shilling. When the Gen II came out with the extra power, 3.8l... he decided it was unfair and took the car to Teichmann Racing to have the same engine and gearbox. There was nothing wrong with the engine or gearbox. The engine and gearbox were then revised to Gen II 3.8l spec using only Porsche parts at a cost of €53,728.80. The car also has a whole host of other extremely expensive parts fitted like full Akrapovic exhaust, Cargraphic carbon panels/doors, CUP steering system... all coming in at over 100k in cost of parts alone. This old boy never tracked the car and sold it to the next owner in August 2013. This guy is the head honcho for a big supermarket chain in Germany (REWE) a bit like Sainsbury in the UK, and had a CUP car for his son to race (in the VLN I believe). They used this car as a daily for getting about in and I have been informed that the car was not used on track, as they had the CUP car for all the track work and racing. I then bought the car in 2014 and have driven less than 1000miles since I've owned the car. In this time I have serviced the car twice at Teichmann Racing and replaced the front brake discs and pads which haven't even been bed in yet. The car is immaculate, has had a very easy life and had more money spent on it than any other GT3RS I know of. I started a thread about this car here detailing all the intricacies and history. This is not a car I am selling by choice. It is the best car you could ever wish for this side of a CGT if driving is your raison d'etre. Tis a real shame that collectors and the like can't see that but I have to deal with what the market is today hence the criminally low price compared to any other RS you have seen for sale in the last 3 years. The next owner will be absolutely amazed by this car no question; it is a truly magical car to own and drive.
A great explanation. And yet, your PH advert is all of 5 lines long.

I would also argue you can price a car too cheap. You are realistic in that modifications don't add value, especially when it comes to these sort of cars where provenance seems to be more important than driving the things, but i wouldn't be too apologetic.

There's a difference between selling a car and selling a car. You need to improve the ad, or otherwise you clearly are subconciously doing everything you can to not sell it wink