Porsche GT2 for sale in auction
Porsche GT2 for sale in auction
Author
Discussion

David58

Original Poster:

218 posts

248 months

Saturday 11th February 2006
quotequote all
Nothing to do with me but BCA Nottingham are advertising a Porsche GT2 2001 model with 24K on the clock going through the auction on the 16/02/06.

Many porsches go through this auction but I thought I might as well mention it as the GT2 is a rare beast.

My guess is it will sell very cheap. Make sure you ring before going as sometimes the cars are taken out the auction.

If anyone is interested good luck, I would have gone to see it if I had not of purchased my 993 last week.

I hope I am not going against any postings rules here, please delete this post if I am.

New �114,900
Retail �59,750
Clean �52,300
Average �49,000
Below Average �45,500

Regards, David.

_topcat

1,938 posts

277 months

Monday 13th February 2006
quotequote all
Is anyone planning to go and have a look or are they in the area and know of the car?
Nottingham is a long way for me to go. i would be interested in a good affordable GT2 though..

hobo

6,550 posts

274 months

Monday 13th February 2006
quotequote all
Reg. N1 KFT

Blue

jjr1

3,041 posts

288 months

Monday 13th February 2006
quotequote all
I will be there to see that and a Gallardo going through. I always attend that monthly auction.

I even saw Dealmakers Lambo go through when he bought it.

mg511

1,754 posts

269 months

Monday 13th February 2006
quotequote all
BCA sold a GT2 last October, details here www.honestjohn.co.uk/news/index.htm?news_id=2622

hobo

6,550 posts

274 months

Monday 13th February 2006
quotequote all
68k plus 1.5k fees seems a bargain for a 53 plate GT2 with less than 2000 miles on it (assuming no accident history, etc, etc).

Do cars that come through auctions still have the manufacturers warranty, etc ? is this a really silly question ?

weltmeister

448 posts

259 months

Monday 13th February 2006
quotequote all
The general rule of thumb to apply at an auction is "your eye is your merchant" i.e. expect the worst and be happy if all is well.

2001 Y reg GT2 Comforts are retailing on PH classifieds at c£58k where you can see it, drive it, get finance etc. So as you "buying as seen" expect this car to be no more than c£45k as there will still be a buyers premium & vat on said premium to add [c£1000]

Arrived at as follows £58k retail less £4k margin, less £1k paint, less £2k for general, less £6k for "fighting fund" just in case...

Cheers

Allan

DanH

12,287 posts

288 months

Monday 13th February 2006
quotequote all

If the car is sound, one has to wonder why it would end up in auction.

The last auctioned one I heard of was Rob Kenworthy of gumball fame's car. Wouldn't touch that one

Raven Flyer

1,645 posts

252 months

Monday 13th February 2006
quotequote all
Likely a repo or co car from a bankrupt company.

Auctions can give excellent bargains for the brave. You can also buy sheds that will tear the financial heart out of you to get them up to a condition that you'll re-sell them.

hobo

6,550 posts

274 months

Monday 13th February 2006
quotequote all
weltmeister said:
The general rule of thumb to apply at an auction is "your eye is your merchant" i.e. expect the worst and be happy if all is well.

2001 Y reg GT2 Comforts are retailing on PH classifieds at c£58k where you can see it, drive it, get finance etc. So as you "buying as seen" expect this car to be no more than c£45k as there will still be a buyers premium & vat on said premium to add [c£1000]

Arrived at as follows £58k retail less £4k margin, less £1k paint, less £2k for general, less £6k for "fighting fund" just in case...

Cheers

Allan

But for someone looking to purchase a GT2 & have it modded, would this not be a cheap way of doing so ?

I mean 45k, and then you send it to the tuner of your choice, RUF, etc, then surely you've saved yourself considerable money ? Have you not.

As for state of paintwork, etc, well again, you get it cheap so you could afford to have it resprayed the colour of your choice. Ideal.

I'll have a nice white one with carbon rear wing & carbon door mirrors. Black wheels & white outlines around wheels.

You could end up with a VERY powerful, sorted GT2 for circa 70k, which to me seems a bit of a bargain.

anonymous-user

82 months

Monday 13th February 2006
quotequote all
hobo said:

You could end up with a VERY powerful, sorted GT2 for circa 70k, which to me seems a bit of a bargain.


never heard of a car leaving RUF with a poxy £25k bill...

dazren

22,612 posts

289 months

Monday 13th February 2006
quotequote all
francisb said:
never heard of a car leaving RUF with a poxy £25k bill...

Depends how far you want to go. 996TT X50 or GT2 to 550bhp is less than £20k from memory.

DAZ

DanH

12,287 posts

288 months

Monday 13th February 2006
quotequote all
hobo said:
weltmeister said:
The general rule of thumb to apply at an auction is "your eye is your merchant" i.e. expect the worst and be happy if all is well.

2001 Y reg GT2 Comforts are retailing on PH classifieds at c£58k where you can see it, drive it, get finance etc. So as you "buying as seen" expect this car to be no more than c£45k as there will still be a buyers premium & vat on said premium to add [c£1000]

Arrived at as follows £58k retail less £4k margin, less £1k paint, less £2k for general, less £6k for "fighting fund" just in case...

Cheers

Allan

But for someone looking to purchase a GT2 & have it modded, would this not be a cheap way of doing so ?

I mean 45k, and then you send it to the tuner of your choice, RUF, etc, then surely you've saved yourself considerable money ? Have you not.

As for state of paintwork, etc, well again, you get it cheap so you could afford to have it resprayed the colour of your choice. Ideal.

I'll have a nice white one with carbon rear wing & carbon door mirrors. Black wheels & white outlines around wheels.

You could end up with a VERY powerful, sorted GT2 for circa 70k, which to me seems a bit of a bargain.


Presumably you could also end up with a car that never feels quite right because the chassis has been bent at some point in its life.

hobo

6,550 posts

274 months

Monday 13th February 2006
quotequote all
Obviously, all the above was subject to a lack of 'history'

_topcat

1,938 posts

277 months

Monday 13th February 2006
quotequote all
jjr1 said:
I will be there to see that and a Gallardo going through. I always attend that monthly auction.

I even saw Dealmakers Lambo go through when he bought it.


YHM

_topcat

1,938 posts

277 months

Monday 13th February 2006
quotequote all
nope it failed!!
Basically i am interested in this car if it is in good condition and not been crashed etc. would please contact me before the auction if you have time.

Marki

15,763 posts

298 months

Monday 13th February 2006
quotequote all
DanH said:

If the car is sound, one has to wonder why it would end up in auction.

The last auctioned one I heard of was Rob Kenworthy of gumball fame's car. Wouldn't touch that one


Exactly , a car like this should not see an auction if it is pukha

nervous

24,050 posts

258 months

Monday 13th February 2006
quotequote all
if you want to be terrified, broke and possibly dead why not save yourself the journey and inseminate a mafia dons daughter? cheaper in the long run probably.

POORCARDEALER

8,661 posts

269 months

Monday 13th February 2006
quotequote all

who says its going to be £45K??? I will be writing the cheque out if it is.........

>> Edited by POORCARDEALER on Monday 13th February 20:27

_topcat

1,938 posts

277 months

Tuesday 14th February 2006
quotequote all
then i will right you a check for £45,050. I see where your name comes from if you take this offer.....