GT3 - Prices on the rise or?

GT3 - Prices on the rise or?

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Discussion

911p

Original Poster:

2,335 posts

181 months

Thursday 12th January 2012
quotequote all
Simple question: Do we think the 996 GT3 prices will rapidly rise as per the 964/993 RS' in the next few years? Prices seem to have frozen for the past 2/3 years, so could this just be because we are in tough times?

Obviously not you'll be lucky to get £10 in a few years, even the GT3 engine is bound to fail, etc

mollytherocker

14,366 posts

210 months

Thursday 12th January 2012
quotequote all
911p said:
Do we think the 996 GT3 prices will rapidly rise as per the 964/993 RS' in the next few years?
My view on this very specific question is no.

MTR

911Thrasher

2,573 posts

200 months

Thursday 12th January 2012
quotequote all
Same here - I think NO

However RS maybe.

Note: if I had to choose though, I'd still get a 964/993RS over a 996RS anytime, even with double/triple the mileage (which should be more or less right as much older)

sportsandclassic

3,774 posts

219 months

Thursday 12th January 2012
quotequote all
Not sure how much lower they can go....

mollytherocker

14,366 posts

210 months

Thursday 12th January 2012
quotequote all
sportsandclassic said:
Not sure how much lower they can go....
Oh, I doubt they will go lower.

Sadly.frown

MTR

ras62

1,090 posts

157 months

Thursday 12th January 2012
quotequote all
LOL...here we go again. These cars will continue to do what they have been doing for the last few years. Clue, it ain't up!

mollytherocker

14,366 posts

210 months

Thursday 12th January 2012
quotequote all
ras62 said:
LOL...here we go again. These cars will continue to do what they have been doing for the last few years. Clue, it ain't up!
So they will hold then?

MTR

996ttalot

1,931 posts

176 months

Thursday 12th January 2012
quotequote all
sportsandclassic said:
Not sure how much lower they can go....
If you give me £10k Mike I will come and pick yours up for you to rid you of the burden..can't say fairer than that. Low enough ?

Hope you got a good deal today...talk soon mate.

boxsey

3,575 posts

211 months

Thursday 12th January 2012
quotequote all
My guess is that the OP is asking if they should buy now or if they can afford to wait and not miss out on what is currently a performance bargain. I would say....get one while you can.

My second guess is that they are about as low as they will be and therefore I should find the required amount and follow my own advice! biggrin

marky911

4,417 posts

220 months

Thursday 12th January 2012
quotequote all
mollytherocker said:
911p said:
Do we think the 996 GT3 prices will rapidly rise as per the 964/993 RS' in the next few years?
My view on this very specific question is no.

MTR
^^^ This.

I remember thinking about 3 years ago when the MK1s came down to low £30Ks "God they're gonna rocket soon" but nothings happened.

The 996 GT3RS I think will be the first to rise again, followed by the MK1 Clubsports, again it's that numbers game.

I've said before my dream Porsche is a 996 GT3RS and I want one by the time I'm 40 (6 years away) and I'm not too worried they'll rocket out of reach. There's a slight nagging worry, but I don't think so. smile

Awesome cars though!! All of 'em. I've only been in a MK1 Clubbie so far and it was just brilliant.

ras62

1,090 posts

157 months

Thursday 12th January 2012
quotequote all
My feeling is a bottom of 20k, within 2-3 years. These cars are not in terribly short supply, but as always good cars will demand good money. I agree MK1 CS and RS will be significantly higher than this...Keep with the 94 for the moment steve, it looks spot on after the work at U11.

911p

Original Poster:

2,335 posts

181 months

Thursday 12th January 2012
quotequote all
ras62 said:
My feeling is a bottom of 20k, within 2-3 years. These cars are not in terribly short supply, but as always good cars will demand good money. I agree MK1 CS and RS will be significantly higher than this...Keep with the 94 for the moment steve, it looks spot on after the work at U11.
True, more than the 964 RS but less than the 993 Turbo.

Build numbers
964 RS - 2595
993 Turbo - 5157
996 GT3 - 4182

Slippydiff

14,851 posts

224 months

Friday 13th January 2012
quotequote all
marky911 said:
^^^ This.

I remember thinking about 3 years ago when the MK1s came down to low £30Ks "God they're gonna rocket soon" but nothings happened.

The 996 GT3RS I think will be the first to rise again, followed by the MK1 Clubsports, again it's that numbers game.

I've said before my dream Porsche is a 996 GT3RS and I want one by the time I'm 40 (6 years away) and I'm not too worried they'll rocket out of reach. There's a slight nagging worry, but I don't think so. smile

Awesome cars though!! All of 'em. I've only been in a MK1 Clubbie so far and it was just brilliant.
I'm mystified why the Clubsport is being mooted as the model that will increase in value ?

The Mk1 (and 2) GT3 in all of its iterations (bar the RS) are all pretty much the same bar seat material, flywheel, cage, airbags and a few fripperies.
We're not talking the very real differences found between a 964/993 Touring/RS and Clubsport, whereby the cages were welded in, and the trim levels and mechanical specifications were in some aspects vastly different.
I suspect there will be little or no difference in between a Clubsport and a "Comfort" car of equal mileage, condition etc in years to come.




Edited by Slippydiff on Friday 13th January 00:24

all2ofme

855 posts

189 months

Friday 13th January 2012
quotequote all
I'll have spent a total of £60kish on my mk1 GT3 (non-Club Sport) soon - so hopefully one of the following will happen:

1) Prices will skyrocket
2) I'll realise once and for all that I found my dream car all too soon smile

In the meantime, I'll try to enjoy the phucker. (Though I'll enjoy it in more sobriety than I can currently muster, Slippy - thanks for the email!)

Slippydiff said:
I'm mystified why the Clubsport is being mooted as the model that will increase in value ?

The Mk1 (and 2) GT3 in all of its iterations (bar the RS) are all pretty much the same bar seat material, flywheel, cage, airbags and a few fripperies.
We're not talking the very real differences found between a 964/993 Touring/RS and Clubsport, whereby the cages were welded in, and the trim levels and mechanical specifications were in some aspects vastly different.
I suspect there will be little or no difference in between a Clubsport and a "Comfort" car of equal mileage, condition etc in years to come.




Edited by Slippydiff on Friday 13th January 00:24

kayc

4,492 posts

222 months

Friday 13th January 2012
quotequote all
I think 996 Gt3 rs will eventually go up in value (which is partly why i bought one)but it will be a longtime imo..Rarity of these cars along with price increases on the newer models will eventually make them look a bargain..its not just the amount of cars built that matters its the amount that havent been tracked/thrashed etc that will be left in years to come..i followed 964 rs prices for a longtime and unfortunately the prices rose to quick so i bought a 964 Turbo instead 3 years ago..made a few quid and sold it..couldnt give a 964 rs away a few years ago and now look at them...996 gt3 rs will do the same imo.

marky911

4,417 posts

220 months

Friday 13th January 2012
quotequote all
Slippydiff said:
marky911 said:
^^^ This.

I remember thinking about 3 years ago when the MK1s came down to low £30Ks "God they're gonna rocket soon" but nothings happened.

The 996 GT3RS I think will be the first to rise again, followed by the MK1 Clubsports, again it's that numbers game.

I've said before my dream Porsche is a 996 GT3RS and I want one by the time I'm 40 (6 years away) and I'm not too worried they'll rocket out of reach. There's a slight nagging worry, but I don't think so. smile

Awesome cars though!! All of 'em. I've only been in a MK1 Clubbie so far and it was just brilliant.
I'm mystified why the Clubsport is being mooted as the model that will increase in value ?

The Mk1 (and 2) GT3 in all of its iterations (bar the RS) are all pretty much the same bar seat material, flywheel, cage, airbags and a few fripperies.
We're not talking the very real differences found between a 964/993 Touring/RS and Clubsport, whereby the cages were welded in, and the trim levels and mechanical specifications were in some aspects vastly different.
I suspect there will be little or no difference in between a Clubsport and a "Comfort" car of equal mileage, condition etc in years to come.

Edited by Slippydiff on Friday 13th January 00:24
I know what you mean Slippy and I could be wrong but the MK1 Clubsport in particular is a very rare car and I personally would want the Clubsport for even more of an experience. After being in one, it's exactly the type of thing I like. Although, I'll admit that straddling that bloody extinguisher can get tedious. wink



Robbo66

3,834 posts

234 months

Friday 13th January 2012
quotequote all
Not to be too depressing, but none of the current GT3 lines will hold any better than the previous or next version. Simply too many made and too many variants. That includes the Gen2 and the RS versions. The 4 will hold a little longer, but when the 991 GT3 is announced, will fall in line with the rest.
The 'real ale' metzger brigade will bang on about it being the last great power source etc, but the majority couldn't care less. As one poster said, no one knows what engines what, when parked in bond street.

NIgt3

614 posts

175 months

Friday 13th January 2012
quotequote all
I think 996gt3 prices of all variants will stay pretty much the same as what they are now! 997 gt3 variants will eventually come down in line with the 996gt3 prices apart from the 4litre which in my opimion will always require a large premium over the rest. some people have said the mezger engine will not matter as people on bond street dom't care what engine is in their car but i would totally disagree, because someone who is going to be buying a old gt3 one of the made reason for doing so is for that engine!!

Robbo66

3,834 posts

234 months

Friday 13th January 2012
quotequote all
NIgt3 said:
i would totally disagree, because someone who is going to be buying a old gt3 one of the made reason for doing so is for that engine!!
No, it's the fact is is cheaper.

kayc

4,492 posts

222 months

Friday 13th January 2012
quotequote all
Robbo66 said:
Not to be too depressing, but none of the current GT3 lines will hold any better than the previous or next version. Simply too many made and too many variants. That includes the Gen2 and the RS versions. The 4 will hold a little longer, but when the 991 GT3 is announced, will fall in line with the rest.
The 'real ale' metzger brigade will bang on about it being the last great power source etc, but the majority couldn't care less. As one poster said, no one knows what engines what, when parked in bond street.
Less Gt3's than there are 993 turbos,doesnt appear to have affected 993 turbo prices too badly as theyve got older to be fair.