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Sunnysidebb
Original Poster
1,331 posts
36 months
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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
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StuB
4,420 posts
108 months
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I've been watching these & I think they've gone down gradually and there's a lot of stock that hasn't moved, which may be a reflection on those vehicles. There's a Red modified vehicle that's now at 42k, a few standard ones in the same ball park.
There's still a huge gap to 7GT2's as well.
As to the future, it's a gamble to buy a volume production vehicle IMHO as any kind of investment, especially if you want to use it for the purspose intended.
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ClassicCarMad
300 posts
42 months
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GT2's certainly were not produced in volume. There is probably about a 100 in the UK, so you need to do your research
They were limited production specialist vehicles very different from the run of the mill Turbo, which reflects in the latter's values
In terms of GT2 values, they are pretty dormant based on a smaller audience and to be honest there is a lot of poor vehicles on the market,coupled with non standard bits accident damaged etc. Most buyers want a good honest standard car with great history and low owners, mileage not important.
They are like a modern day 930, you love them or you don't. I personally think that aesthetically they are stunning very purposeful and aggressive. I also think you may be shocked over the next few years on values. As a dealer i seem to recall not that long ago speculators/arm chair dealers making the same statements about the 964RS when they were sitting at the early 20's!!
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911Viking
156 posts
13 months
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Think you can be patient a few years, could be another 6 - 8k dropping off... Your challenge will be to find a good one, they tend to be either run out/down or really good.
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jackal
9,758 posts
151 months
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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 Beware of cheap ones. All is not as it seems ! The 96 GT2 is NOT a car you want to get on the cheap IMO.
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Crimp a Length!
4,727 posts
92 months
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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 PM me I may be selling mine.
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jackal
9,758 posts
151 months
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Crimp a Length! said: 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 PM me I may be selling mine.   
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GT2CS
337 posts
38 months
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StuB said: I've been watching these & I think they've gone down gradually and there's a lot of stock that hasn't moved, which may be a reflection on those vehicles. There's a Red modified vehicle that's now at 42k, a few standard ones in the same ball park.
There's still a huge gap to 7GT2's as well.
As to the future, it's a gamble to buy a volume production vehicle IMHO as any kind of investment, especially if you want to use it for the purspose intended. I agree and have been watching for some years. Prices have drifted down and seem to range from late £30k's up to high £40k. Previously (couple of year ago) there were many in the £50k's and none in the high £30k's. Now most seem to be priced mid to low £40k's. Comfort models more widely available and M003 clubsport versions much rarer but dont seem to command much of a premium when they do pop up. Good luck with your search - get an independent inspection done too.
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EvoSlayer
1,786 posts
54 months
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Crimp a Length! said: PM me I may be selling mine. 
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Sunnysidebb
Original Poster
1,331 posts
36 months
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thinking for the future.............dangerous I know...........especially thinking 
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Crimp a Length!
4,727 posts
92 months
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EvoSlayer said: Crimp a Length! said: PM me I may be selling mine.  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!
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Redeem
361 posts
52 months
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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.
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bullettneil
129 posts
18 months
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Crimp a Length! said: PM me I may be selling mine. and thats a nice car!!
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bullettneil
129 posts
18 months
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Sunnysidebb said: thinking for the future.............dangerous I know...........especially thinking  hello frank how are you? so you sell you 6tt to buy an escos and within weeks are talking about a new 911? cant let it go fella? 
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Crimp a Length!
4,727 posts
92 months
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bullettneil said: Crimp a Length! said: PM me I may be selling mine. and thats a nice car!! Cheers buddy, but yeah your right!! 
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996ttalot
1,744 posts
44 months
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Sunnysidebb said: thinking for the future.............dangerous I know...........especially thinking   what are you like mate 
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Sunnysidebb
Original Poster
1,331 posts
36 months
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996ttalot said: Sunnysidebb said: thinking for the future.............dangerous I know...........especially thinking   what are you like mate  Well its like this matey, I want a simpler car and now have it, but I got to thinking....once again v dangerous...... and decided if I run the risk possibly not waking up in the morning,  then the last thought going through my mind wants to be "i'mma lucky git' as i have a Porka and a chav Escort.  You cant take your money with you, so just thinking, that's all  
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supermono
6,245 posts
117 months
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Redeem said: 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. Out of interest is this just a finger in the air opinion or informed by real world insight from the trade/ownership/classic car auction and valuations? SM
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StuB
4,420 posts
108 months
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supermono said: Redeem said: 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. Out of interest is this just a finger in the air opinion or informed by real world insight from the trade/ownership/classic car auction and valuations? SM 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?
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unclepezza
182 posts
12 months
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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.
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