Will 997 GT3 prices continue to rise?
Discussion
Hi everyone, still undecided what Porsche I am going to go for.
I love the GT3 and had initially budgeted on spending 50k on a car. However, if I know the car I'm buying is going to hold its value then I dont mind spending more.
I think there would be a special sense of occasion with a GT3 and it would sweeten the deal if I knew prices were going to rise.
Looking at cars similar to the grey one JZM have in at the moment.
Thanks,
Andrew
I love the GT3 and had initially budgeted on spending 50k on a car. However, if I know the car I'm buying is going to hold its value then I dont mind spending more.
I think there would be a special sense of occasion with a GT3 and it would sweeten the deal if I knew prices were going to rise.
Looking at cars similar to the grey one JZM have in at the moment.
Thanks,
Andrew
Worst time to buy in my opinion, headed into winter but warm enough that values prices are still strong - much better when prices have softened during December/January...
If I'd had the money 2 years ago, there was a Gen 2 GT3 in Guards at Cambridge OPC with 7k miles for £69k. Hindsight eh...
If I'd had the money 2 years ago, there was a Gen 2 GT3 in Guards at Cambridge OPC with 7k miles for £69k. Hindsight eh...
Jim1556 said:
Worst time to buy in my opinion, headed into winter but warm enough that values prices are still strong - much better when prices have softened during December/January...
If I'd had the money 2 years ago, there was a Gen 2 GT3 in Guards at Cambridge OPC with 7k miles for £69k. Hindsight eh...
There's been no sign of the traditional winter price 'soften' for the last two years and I strongly doubt there will be even a hint of it this yearIf I'd had the money 2 years ago, there was a Gen 2 GT3 in Guards at Cambridge OPC with 7k miles for £69k. Hindsight eh...
The car you refer to at JZM is about on the money for the market at the moment and is the right spec (other than perhaps no ceramics) for holding value as it's a clubsport. However, as it's a clubsport I would suggest if you want it, get cracking because I doubt a lowish mileage car like that will hang around.
On another note if you want an amazing car which holds it's value better than just about any other Porsche always go for a GT car - they truly are a great car
Good luck
That car now is 90k and with RS cars at 150 that won't be changing anytime soon.
Look at what you get, the last of the manual GT3's that won't ever be built again with the Mezger lump so your downside is worse case v little especially if you want an epic drivers car.
Also part of the rise is following the RS along with RS owners (myself included) cashing in to own a car you can actually drive .
Buy it enjoy it and lose no cash I'm there right now
Look at what you get, the last of the manual GT3's that won't ever be built again with the Mezger lump so your downside is worse case v little especially if you want an epic drivers car.
Also part of the rise is following the RS along with RS owners (myself included) cashing in to own a car you can actually drive .
Buy it enjoy it and lose no cash I'm there right now
Worst case you lose a little , more likely they will stay static .
I'm probably going to get shoot down here ..... But having had both a 996 and 7 GT3 Club-sport , with a 991 on the way , I bought a Cayman R in the gap and would consider adding this or a Spyder to your list if you'd rather not spend more than £50k . Ultimately not has much fun , but a very good cars with solid residuals IMO .
But if your ok spending £70k then a 997 club sport .
I'm probably going to get shoot down here ..... But having had both a 996 and 7 GT3 Club-sport , with a 991 on the way , I bought a Cayman R in the gap and would consider adding this or a Spyder to your list if you'd rather not spend more than £50k . Ultimately not has much fun , but a very good cars with solid residuals IMO .
But if your ok spending £70k then a 997 club sport .
GT3cs said:
Worst case you lose a little , more likely they will stay static .
I'm probably going to get shoot down here ..... But having had both a 996 and 7 GT3 Club-sport , with a 991 on the way , I bought a Cayman R in the gap and would consider adding this or a Spyder to your list if you'd rather not spend more than £50k . Ultimately not has much fun , but a very good cars with solid residuals IMO .
But if your ok spending £70k then a 997 club sport .
Spot on and actually if I sold my 997 CS I'd buy a cayman RI'm probably going to get shoot down here ..... But having had both a 996 and 7 GT3 Club-sport , with a 991 on the way , I bought a Cayman R in the gap and would consider adding this or a Spyder to your list if you'd rather not spend more than £50k . Ultimately not has much fun , but a very good cars with solid residuals IMO .
But if your ok spending £70k then a 997 club sport .
Seasonal price fluctuations are reducing for bread and butter stuff but also interesting sports cars like 911s.....suppose its a combination of global warming 
and most people using their Pork through the winter.
I would agree with others that the 997 GT3 will undoubtedly continue to increase in value but imo the car to buy would be the 997 GTS.....in the real world just as rapid, admittedly not as visceral or hardcore but easier to live with and a bargain price to boot......for now.......
and most people using their Pork through the winter.I would agree with others that the 997 GT3 will undoubtedly continue to increase in value but imo the car to buy would be the 997 GTS.....in the real world just as rapid, admittedly not as visceral or hardcore but easier to live with and a bargain price to boot......for now.......
Car prices have just generally gone up massively. Is £90k for a 997.2 GT3 CS too much time will tell but there are only probably circa 40 odd of them in the UK. I believe RS3.8 is 138# GT3 is 160# of which I'm guessing a quarter are CS so say 40 odd.
Interestingly they haven't dropped for the last two seasons. There have only been about 4 for sale since spring this year. And when you look at what you have to spend for a special car nowadays £90k is becoming cheap!
There are very few occasion cars made now as they are all electronic and false so a std 991 just does not have the occasion as a 997 GT3...
It will be interesting to see if prices do drop as in five years time who will still want a manual and recognise the Mezger engine. It's also a 10 year old car then. That said 993s aren't getting cheaper!
Interestingly they haven't dropped for the last two seasons. There have only been about 4 for sale since spring this year. And when you look at what you have to spend for a special car nowadays £90k is becoming cheap!
There are very few occasion cars made now as they are all electronic and false so a std 991 just does not have the occasion as a 997 GT3...
It will be interesting to see if prices do drop as in five years time who will still want a manual and recognise the Mezger engine. It's also a 10 year old car then. That said 993s aren't getting cheaper!
I expecr them to stabilise to be honest - I can't see them making a big jump again and if they appreciate at the same level as running costs then that's a good result.
Because of the rise in values I have had to have a tracker fitted for insurance purposes, if the car continued to rise at the same rate I would have to start thinking about whether tracking it is a good idea!
Because of the rise in values I have had to have a tracker fitted for insurance purposes, if the car continued to rise at the same rate I would have to start thinking about whether tracking it is a good idea!
Oh and I think once you've had a GT3, there's no going back to a CR...I went the other way and then back again.
The Cayman R is a decent road car but, out of the box, far too hard on it's consumables (tyres and brakes) for track work and feels artificial compared to a GT3 - a layer of electronics that don't seem so apparant on the GT3.
I did 15k miles in my CR, including a trackday a month, over 15 months and remember when I bought it (new, with a reasonable chunk off) I nearly bought a 997.2 GT3 - it was around £70k at an OPC (March 2012) - now that would have been a far better buy..
The Cayman R is a decent road car but, out of the box, far too hard on it's consumables (tyres and brakes) for track work and feels artificial compared to a GT3 - a layer of electronics that don't seem so apparant on the GT3.
I did 15k miles in my CR, including a trackday a month, over 15 months and remember when I bought it (new, with a reasonable chunk off) I nearly bought a 997.2 GT3 - it was around £70k at an OPC (March 2012) - now that would have been a far better buy..
+1
Scooty100 said:
That car now is 90k and with RS cars at 150 that won't be changing anytime soon.
Look at what you get, the last of the manual GT3's that won't ever be built again with the Mezger lump so your downside is worse case v little especially if you want an epic drivers car.
Also part of the rise is following the RS along with RS owners (myself included) cashing in to own a car you can actually drive .
Buy it enjoy it and lose no cash I'm there right now
Look at what you get, the last of the manual GT3's that won't ever be built again with the Mezger lump so your downside is worse case v little especially if you want an epic drivers car.
Also part of the rise is following the RS along with RS owners (myself included) cashing in to own a car you can actually drive .
Buy it enjoy it and lose no cash I'm there right now
simon clark said:
Oh and I think once you've had a GT3, there's no going back to a CR...I went the other way and then back again.
The Cayman R is a decent road car but, out of the box, far too hard on it's consumables (tyres and brakes) for track work and feels artificial compared to a GT3 - a layer of electronics that don't seem so apparant on the GT3.
Cayman R for the road, and GT3 for the track & road. Perfect.The Cayman R is a decent road car but, out of the box, far too hard on it's consumables (tyres and brakes) for track work and feels artificial compared to a GT3 - a layer of electronics that don't seem so apparant on the GT3.
simon clark said:
I expecr them to stabilise to be honest - I can't see them making a big jump again and if they appreciate at the same level as running costs then that's a good result.
Because of the rise in values I have had to have a tracker fitted for insurance purposes, if the car continued to rise at the same rate I would have to start thinking about whether tracking it is a good idea!
Yes fair point Si. I am throwing the kitchen sink at the GT3 in terms of maintenance and TLC. Centre Gravity, paint protection film, porsche radiator grills, tyres to replace the still not worn out but 6 year old existing tyres, premature oil changes, top mounts under warranty etc etc.Because of the rise in values I have had to have a tracker fitted for insurance purposes, if the car continued to rise at the same rate I would have to start thinking about whether tracking it is a good idea!
Car is amazing though. No doubt.
(Have a loan Cayman with PDK at the moment and it really is not my cup of tea at all. Maybe the GTS is better?)
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