996 GT2

Author
Discussion

PHOENIXUK

2,198 posts

200 months

Wednesday 10th October 2012
quotequote all
StuB said:
You think there's any difference or relevancy?

We're mostly aware the trade wants to make money from car sales, so why would a trader talk openly & honestly regarding costs, risks, margins & market trends regarding their business?
Aww Clutchie you've gone down in my estimation getting onto this bandwagon.... You'll be sat on that fence watchin prices for a few years, mind looking at all these type of threads there might not be much room...lol

Patiently waiting..........

gibbon

2,182 posts

206 months

Wednesday 10th October 2012
quotequote all
unclepezza said:
Here's my thoughts as an owner who went through the purchasing process of one of these great cars earlier this year, I ended up buying the Castello car, and someone who thought a GT2 would always remain out of my reach financially so please don't flame me just my opinion.

Depreciation for most of us is a good thing as it gets us into the cars of our dreams, but we have to jump on board at some point when we make a purchase of that "dream car" and therefore want to damage control the depreciation if we can, so I totally get that. Always difficult to have your cake and eat it, so the thing that makes the car purchase possible in the first place sometimes can end up being your worst enemy ;-) if it continues to erode at the purchase price.

996 GT2 and 997 GT2 are very different cars, like wise a 993 GT2 and 996 GT2 are different. They are limited in numbers, that we all agree on so that helps with residuals, the thing that drives the market value on cars like these is demand and the cause for demand. Think back to the 993 RS and 964 RS models they were available for sub £30k many years ago and for some time also when they were unloved models, then over a period of time they are discovered as "drivers cars" featuring an analogue driving experience with no driver aids etc etc, we have all read about them and also watched the prices rise steadily.

The 996 GT2 has some of these "magic" ingredients so only time will tell, but in the meantime I get to drive and look at an amazing car that I grow to appreciate every time I drive it, if it goes up in value that is a bonus, if it goes down in value then so be it but it doesn't distract from what a great car it is and the enjoyment that I get from owning and driving one.

Hope this helps any GT2 lurkers in the purchase process.
Great post.

StuB

6,695 posts

238 months

Wednesday 10th October 2012
quotequote all
PHOENIXUK said:
StuB said:
You think there's any difference or relevancy?

We're mostly aware the trade wants to make money from car sales, so why would a trader talk openly & honestly regarding costs, risks, margins & market trends regarding their business?
Aww Clutchie you've gone down in my estimation getting onto this bandwagon.... You'll be sat on that fence watchin prices for a few years, mind looking at all these type of threads there might not be much room...lol

Patiently waiting..........
It was 'er indoors who pushed me down the turbo route as a 'family' car, when Malton had the RS Tuning GT2 in stock.

Still happy with the car BTW, but still window shopping.

And talk about on the fence, "I might be selling my GT2" I recall hearing from you in the past too.

Now go sell some more chips or whatever it is you should be doing wink

PHOENIXUK

2,198 posts

200 months

Wednesday 10th October 2012
quotequote all
StuB said:
PHOENIXUK said:
StuB said:
You think there's any difference or relevancy?

We're mostly aware the trade wants to make money from car sales, so why would a trader talk openly & honestly regarding costs, risks, margins & market trends regarding their business?
Aww Clutchie you've gone down in my estimation getting onto this bandwagon.... You'll be sat on that fence watchin prices for a few years, mind looking at all these type of threads there might not be much room...lol

Patiently waiting..........
It was 'er indoors who pushed me down the turbo route as a 'family' car, when Malton had the RS Tuning GT2 in stock.

Still happy with the car BTW, but still window shopping.

And talk about on the fence, "I might be selling my GT2" I recall hearing from you in the past too.

Now go sell some more chips or whatever it is you should be doing wink
That took a while......tongue out

Sunnysidebb

Original Poster:

1,372 posts

166 months

Wednesday 10th October 2012
quotequote all
unclepezza said:
Redeem said:
I may be completely wrong but I cannot see these cars significantly increasing in value in the years to come. The 997 GT2 will soon find its way in the second hand market (there are already quite a few) and as result the price for the 996 GT2 will be depressed.
Here's my thoughts as an owner who went through the purchasing process of one of these great cars earlier this year, I ended up buying the Castello car, and someone who thought a GT2 would always remain out of my reach financially so please don't flame me just my opinion.

Depreciation for most of us is a good thing as it gets us into the cars of our dreams, but we have to jump on board at some point when we make a purchase of that "dream car" and therefore want to damage control the depreciation if we can, so I totally get that. Always difficult to have your cake and eat it, so the thing that makes the car purchase possible in the first place sometimes can end up being your worst enemy ;-) if it continues to erode at the purchase price.

996 GT2 and 997 GT2 are very different cars, like wise a 993 GT2 and 996 GT2 are different. They are limited in numbers, that we all agree on so that helps with residuals, the thing that drives the market value on cars like these is demand and the cause for demand. Think back to the 993 RS and 964 RS models they were available for sub £30k many years ago and for some time also when they were unloved models, then over a period of time they are discovered as "drivers cars" featuring an analogue driving experience with no driver aids etc etc, we have all read about them and also watched the prices rise steadily.

The 996 GT2 has some of these "magic" ingredients so only time will tell, but in the meantime I get to drive and look at an amazing car that I grow to appreciate every time I drive it, if it goes up in value that is a bonus, if it goes down in value then so be it but it doesn't distract from what a great car it is and the enjoyment that I get from owning and driving one.

Hope this helps any GT2 lurkers in the purchase process.
That's one of the better posts I have seen on PH. Balanced view nice to read and thanks for your input
Frank (OP)

hot66

695 posts

216 months

Wednesday 10th October 2012
quotequote all
Crimp a Length! said:
I know Andy, but no rear seats is pissing me off just don't bloody use it.
Not prepared to put rear belts and seats in either as it will ruin its authenticity in my mind.
Thinking of a 6T or even a C4S to use mate, including a Euro Hoon at some stage next year!
you've got an email smile

erics

2,659 posts

210 months

Wednesday 10th October 2012
quotequote all
I drove your car extensively and got VERY close to buying it. I ended up with a 996 turbo S instead.

Agreed with your post: you buy shares and may or may not make money. You will not have much fun in the meantime.

You buy a car and IF you lose money, at least you will know why.

unclepezza said:
Here's my thoughts as an owner who went through the purchasing process of one of these great cars earlier this year, I ended up buying the Castello car, and someone who thought a GT2 would always remain out of my reach financially so please don't flame me just my opinion.

Depreciation for most of us is a good thing as it gets us into the cars of our dreams, but we have to jump on board at some point when we make a purchase of that "dream car" and therefore want to damage control the depreciation if we can, so I totally get that. Always difficult to have your cake and eat it, so the thing that makes the car purchase possible in the first place sometimes can end up being your worst enemy ;-) if it continues to erode at the purchase price.

996 GT2 and 997 GT2 are very different cars, like wise a 993 GT2 and 996 GT2 are different. They are limited in numbers, that we all agree on so that helps with residuals, the thing that drives the market value on cars like these is demand and the cause for demand. Think back to the 993 RS and 964 RS models they were available for sub £30k many years ago and for some time also when they were unloved models, then over a period of time they are discovered as "drivers cars" featuring an analogue driving experience with no driver aids etc etc, we have all read about them and also watched the prices rise steadily.

The 996 GT2 has some of these "magic" ingredients so only time will tell, but in the meantime I get to drive and look at an amazing car that I grow to appreciate every time I drive it, if it goes up in value that is a bonus, if it goes down in value then so be it but it doesn't distract from what a great car it is and the enjoyment that I get from owning and driving one.

Hope this helps any GT2 lurkers in the purchase process.

SpeedYellow

2,533 posts

226 months

Wednesday 10th October 2012
quotequote all
Also don't forget it was the last GT car built by the Motorsport department rather than production line. Will mean something in 10 years time I'm sure as the last of 'handbuilt' driver aid free cars.

TB993tt

2,031 posts

240 months

Wednesday 10th October 2012
quotequote all
SpeedYellow said:
Also don't forget it was the last GT car built by the Motorsport department rather than production line.
Is this true and what exactly is the "Motorsport Department" and how does/did it "build" the cars ?

The vid below (sorry in German, couldn't find the English one) seems to think the 997 GT2 is "from" the Motorsport dept but ?
http://www.youtube.com/watch?v=zgIgfv0Lye4&fea...

I aways took the moniker of from the Motorsport Dept for a 911 to mean designed and signed off by Motorsport Dept employees then produced on regular 911 production line ?

Crimp a Length!

5,697 posts

222 months

Wednesday 10th October 2012
quotequote all
TB993tt said:
SpeedYellow said:
Also don't forget it was the last GT car built by the Motorsport department rather than production line.
Is this true and what exactly is the "Motorsport Department" and how does/did it "build" the cars ?

The vid below (sorry in German, couldn't find the English one) seems to think the 997 GT2 is "from" the Motorsport dept but ?
http://www.youtube.com/watch?v=zgIgfv0Lye4&fea...

I aways took the moniker of from the Motorsport Dept for a 911 to mean designed and signed off by Motorsport Dept employees then produced on regular 911 production line ?
Yes this is true, the 996 was the last GT.

supermono

7,368 posts

247 months

Wednesday 10th October 2012
quotequote all
Wasn't the 997 gt3 rs 4.0 the last?

SM

dunnred7

274 posts

230 months

Thursday 11th October 2012
quotequote all
Sunnysidebb said:
How has the price of the GT2 been doing over the last 3 years. Has it been slowly rising or decreasing.?
Trying to work out if I can have the Cosworth and still get a GT2 in the next couple of years.
Best Ive seen so far is £36k ota.
Frank
the cars are excellent value for money for sure, but remember that they are old (ish) now.....you will need a budget to run one. I love mine with a passion, but new turbo's, clutch, and general maintenance expenses mean I've aspent nearly £8k running the car in the last 2 yeara...still cheap for a car of that pedigree, but the cash has to be found from somewhere.