Market update on 996 GT2s
Discussion
Just wondering since I guess after the spring flurry of activity there's been no particular GT2 talk.
Slight possibility some property action may lead to the sale of mine -- any estimates of value? 40k miles, comprehensively rebuilt suspension inc factory remanufacturered dampers, geo with certification of fixed point accuracy, full OPC throughout, carbon, nomex, tequipment bat. No nasty stories...
SM
Slight possibility some property action may lead to the sale of mine -- any estimates of value? 40k miles, comprehensively rebuilt suspension inc factory remanufacturered dampers, geo with certification of fixed point accuracy, full OPC throughout, carbon, nomex, tequipment bat. No nasty stories...
SM
Seemingly they're pretty unloved at the moment. I'm sure some of the cars that have been on the market ages, have "histories", but they're like 964 RSs were ten to twelve years ago, nobody really wants them and the dealers asking bigger numbers aren't getting much (if any) interest in them. Though I notice my old car at 911V has sold in the past 24hrs (they'd had it a few weeks mind)
Your car ? If there are any non-trade buyers out there, as a private sale, I'd guess £40-45K (but I suspect closer to £40 than £45K would be more realistic)
Your car ? If there are any non-trade buyers out there, as a private sale, I'd guess £40-45K (but I suspect closer to £40 than £45K would be more realistic)
Lets hope they follow the same pattern value wise as 964RS's
I remember nobody wanting them, bumpy ride no rear seats etc, not that long ago.
I think due to the numbers built they are at their worst from a value perspective.
Bottom line is the prices will go North there is no doubting that. Strategically I will try to hold on to mine.
I remember nobody wanting them, bumpy ride no rear seats etc, not that long ago.
I think due to the numbers built they are at their worst from a value perspective.
Bottom line is the prices will go North there is no doubting that. Strategically I will try to hold on to mine.
I keep an eye prices from time to time and they aren't rising yet.
I agree Crimpy they will rise, due to the numbers produced but I see GT2 versus GT3, the same as 964RS versus 964 Turbo.
The normally aspirated variants are the scalpel to the turbos meat cleaver, hence I think GT3 Clubbies will be just as sought after in the future probably more so.
The problem both the GT2 and 3 have is that Porsche are always going to churn out new models of them and once they depreciate they push the older model down.
The 996 models of both aren't that removed from the 997s so a lot of people will always pick the newer model as the price gap closes up.
The 964s and 993s have risen against that problem due to them offering a totally different experience that the new cars will never offer.
Just my 2p worth.
Like I say, I keep an eye on the GT2 ads but, I keep an eye on the GT3s more.
I agree Crimpy they will rise, due to the numbers produced but I see GT2 versus GT3, the same as 964RS versus 964 Turbo.
The normally aspirated variants are the scalpel to the turbos meat cleaver, hence I think GT3 Clubbies will be just as sought after in the future probably more so.
The problem both the GT2 and 3 have is that Porsche are always going to churn out new models of them and once they depreciate they push the older model down.
The 996 models of both aren't that removed from the 997s so a lot of people will always pick the newer model as the price gap closes up.
The 964s and 993s have risen against that problem due to them offering a totally different experience that the new cars will never offer.
Just my 2p worth.
Like I say, I keep an eye on the GT2 ads but, I keep an eye on the GT3s more.
marky911 said:
Hence I think GT3 Clubbies will be just as sought after in the future probably more so.
The problem both the GT2 and 3 have is that Porsche are always going to churn out new models of them and once they depreciate they push the older model down.
The 996 models of both aren't that removed from the 997s so a lot of people will always pick the newer model as the price gap closes up.
The 964s and 993s have risen against that problem due to them offering a totally different experience that the new cars will never offer.
Got to disagree with that. The 997 is just another step removed from the air-cooled cars. A Mk1 996 GT3 offers a very different driving experience to a Gen 1 997 GT3. In the goodness of time (as LOH says, not anytime soon, but I reckon in the next 10-15 years) that'll make the 996 versions more sought after than the 997. The problem both the GT2 and 3 have is that Porsche are always going to churn out new models of them and once they depreciate they push the older model down.
The 996 models of both aren't that removed from the 997s so a lot of people will always pick the newer model as the price gap closes up.
The 964s and 993s have risen against that problem due to them offering a totally different experience that the new cars will never offer.
The volume of 997s produced will only serve to strengthen the value of the 996 GT cars. The Mk1 and RS will be the two to go for, along with the GT2, purely because of the limited numbers produced compared to both the 996 Mk2 GT3 and the 997 GT versions. Clubbies sought after ? Not really convinced, as unlike the 964 and 993 CS versions, the 996 GT3 CS wasn't massively different from the "Comfort" version.
If i could predict it would be:
996 GT2
996 GT3 CS & RS
Which will rise certainly sooner than predicted above.
To be honest i am not too worried with what my car stands me at, i will always have a couple of shirts on my back.
Its purely a numbers game.
This is why we have seen a slight increase in IB cars, good ones are getting scarce hence me selling a very nice 930 for 40k.
Supply and demand usually deciphers the values in anything in the buying/selling world.
996 GT2
996 GT3 CS & RS
Which will rise certainly sooner than predicted above.
To be honest i am not too worried with what my car stands me at, i will always have a couple of shirts on my back.
Its purely a numbers game.
This is why we have seen a slight increase in IB cars, good ones are getting scarce hence me selling a very nice 930 for 40k.
Supply and demand usually deciphers the values in anything in the buying/selling world.
willmac said:
I noticed that the guards red "modded one" has now dropped in price after some considerable time on the market .
I don't think there will be an increase in prices for quite some time TBH. Prices will continue to drop in the meantime.
What cars are advertised for, and what they are worth are two totally different things - and thats the rub. I had the red car inspected and needless to say I didn't buy it, I bought something else instead....I don't think there will be an increase in prices for quite some time TBH. Prices will continue to drop in the meantime.
GT2's in the UK are, in my opinion, very badly maintained. This is not down to the super skills of the likes of Fearnsport etc but due to the owners not sorting them out and keeping them fresh due to the misnoma(?) that exists about GT2's not handling etc.. so owners give up on them and amuse themselves by giving the happy pedal a big prod when in a straight line. GT3's on the other hand appear to be well looked after. A good GT2 is worth £50k plus all day long - and I genuinly think you can ask that if it is a good one that has been looked after and had money spent on it in the right areas. Look at most for sale - I'm sure I could highlight (very easily) great ways to blow £10k on each within a week of ownership.
And if you are in any doubt over values, look at the 993GT2. Yes it may look better than the 996 GT2, but in every other way it is inferior. It was produced in smaller numbers than the 996 GT2 and was built for racing, but it IS achieving (not necessarily worth) silly money.
As for 996 GT2 prices dropping, I guess if they are left outside to rot then they will. If they are looked after then it aint aver going to happen.. It's an unloved (for now) GT Porsche with a bad attitude, made in numbers similar to the Carrera GT, assembled by the Motorsport dep't at Weissach - as such its sure to gain cult status in the future.
V8KSN said:
How long on the market before it really is no longer "just in"?I remember the reviews when the GT2s first came out , and subsequent reviews since, stating that it was difficult to place the car into an obvious market. It's not an out of the box track car and requires a skilled driver to make the most of it on the road. So although long term, as numbers no doubt steadily decrease of decent examples available, then yes they will become more sought after , but probably more as a collectors piece than anything else.
There was a time I would have sold body parts to get into one, but to be honest that phase has passed. I know my limitations as a driver and as long as my ar*e points south I would never be able to enjoy driving the car with confidence. It would be a lot of money to have splashed out, just to have such a gorgeous machine sitting on the drive but terrified to use it.
Slippydiff said:
Got to disagree with that. The 997 is just another step removed from the air-cooled cars. A Mk1 996 GT3 offers a very different driving experience to a Gen 1 997 GT3. In the goodness of time (as LOH says, not anytime soon, but I reckon in the next 10-15 years) that'll make the 996 versions more sought after than the 997.
The volume of 997s produced will only serve to strengthen the value of the 996 GT cars. The Mk1 and RS will be the two to go for, along with the GT2, purely because of the limited numbers produced compared to both the 996 Mk2 GT3 and the 997 GT versions. Clubbies sought after ? Not really convinced, as unlike the 964 and 993 CS versions, the 996 GT3 CS wasn't massively different from the "Comfort" version.
Jusy my opinion. The volume of 997s produced will only serve to strengthen the value of the 996 GT cars. The Mk1 and RS will be the two to go for, along with the GT2, purely because of the limited numbers produced compared to both the 996 Mk2 GT3 and the 997 GT versions. Clubbies sought after ? Not really convinced, as unlike the 964 and 993 CS versions, the 996 GT3 CS wasn't massively different from the "Comfort" version.
Never been in a comfort, only a clubbie and I know it's the only one I'd buy.
Comfort spec to me just seems like a compromise I don't need to make and detracts from what is a special run race derived model.
Clubbie feels mega special with the cage, harnesses, etc.
I'm seriously thinking about a 996 turbo, but I'd really like a GT2 as I prefer rear wheel drive, the only problem is that I would have to save for another year or borrow towards a GT2, which also puts them into 997t pricing? Car would be a weekend/evening toy only, so not bothered about comfort too much etc.
Are the 40k cars really that bad, or can you pick up somthing usable for that money? Nothing with a cat c/d history would really interest me, but a high miler would not worry me too much?
Are the 40k cars really that bad, or can you pick up somthing usable for that money? Nothing with a cat c/d history would really interest me, but a high miler would not worry me too much?
jfp said:
as such its sure to gain cult status in the future.
Agreed.With another 10 years of 991/Panameras/Cayennes/Macans etc dropped onto the market people will be talking about 996 GT3s and GT2s as they do about the 2.7RS and 964RS now. As the new cars become easier to drive at silly speeds, heavier and more of a fashion accessory 996 GTs will be snapped up by people wanting to remember what it's like to drive a car without a CPU making the decisions. In my opinion future values will be inversely proportional to the number of acronyms in the car's manual.
RWD cossie wil said:
I'm seriously thinking about a 996 turbo, but I'd really like a GT2 as I prefer rear wheel drive, the only problem is that I would have to save for another year or borrow towards a GT2, which also puts them into 997t pricing? Car would be a weekend/evening toy only, so not bothered about comfort too much etc.
Are the 40k cars really that bad, or can you pick up somthing usable for that money? Nothing with a cat c/d history would really interest me, but a high miler would not worry me too much?
No they are notAre the 40k cars really that bad, or can you pick up somthing usable for that money? Nothing with a cat c/d history would really interest me, but a high miler would not worry me too much?
I have had numerous 911's all of them good and well known by enthusiasts alike.
My car was a cheaper GT2 purely down to the miles on the clock not that you would know it, and as its a dry weekend car mileage is not important. Its absolutely mint inside and out and has a fantastic history coupled with the first owner (racing driver) owning it from new until 2009. Its also been in the Porsche warranty until last year so everything its needed has been done, all panels are original thats for sure and as its been used it drives tremendously and sounds lovely.
If its a weekend car go for the GT2, i've owned a 3 turbo's one of them a 996 and yes they are an epic car but they are not a GT2.
The cars that hang around are either too expensive or have a story.
Like the 930 the GT2 has a smaller audience so yes they are on the market longer.
If you believe all the s
te and hype you read on here you wouldn't have anything.Its simple find a nice standard car get it checked out get it bought.
You are buying a piece of Porsche history not a fast mass produced car such a 6 or 7T
jfp said:
willmac said:
I noticed that the guards red "modded one" has now dropped in price after some considerable time on the market .
I don't think there will be an increase in prices for quite some time TBH. Prices will continue to drop in the meantime.
What cars are advertised for, and what they are worth are two totally different things - and thats the rub. I had the red car inspected and needless to say I didn't buy it, I bought something else instead....I don't think there will be an increase in prices for quite some time TBH. Prices will continue to drop in the meantime.
GT2's in the UK are, in my opinion, very badly maintained. This is not down to the super skills of the likes of Fearnsport etc but due to the owners not sorting them out and keeping them fresh due to the misnoma(?) that exists about GT2's not handling etc.. so owners give up on them and amuse themselves by giving the happy pedal a big prod when in a straight line. GT3's on the other hand appear to be well looked after. A good GT2 is worth £50k plus all day long - and I genuinly think you can ask that if it is a good one that has been looked after and had money spent on it in the right areas. Look at most for sale - I'm sure I could highlight (very easily) great ways to blow £10k on each within a week of ownership.
And if you are in any doubt over values, look at the 993GT2. Yes it may look better than the 996 GT2, but in every other way it is inferior. It was produced in smaller numbers than the 996 GT2 and was built for racing, but it IS achieving (not necessarily worth) silly money.
As for 996 GT2 prices dropping, I guess if they are left outside to rot then they will. If they are looked after then it aint aver going to happen.. It's an unloved (for now) GT Porsche with a bad attitude, made in numbers similar to the Carrera GT, assembled by the Motorsport dep't at Weissach - as such its sure to gain cult status in the future.
Whats ironic is when someone has a 993 Turbo for sale with the GT2 bits on for £79k!!
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