Are 996 GT3 RSs going back up in value ?
Are 996 GT3 RSs going back up in value ?
Author
Discussion

timmo

Original Poster:

1,788 posts

265 months

Wednesday 25th July 2007
quotequote all
Looking at the latest 996 GT3 RS for sale from Cars of Malton
a 996 GT3 RS for sale at £69,995 with 10,000 miles

Theres also a 997 GT3 for sale in Bristol OPC for £85 K -

£15,000 difference !!!!!

back in Dec 06 / Jan 07 the difference was at least 30 K to trade up

does this mean the 996 RS is going up in value ???

tim

Pugsey

5,821 posts

245 months

Wednesday 25th July 2007
quotequote all
timmo said:
Looking at the latest 996 GT3 RS for sale from Cars of Malton
a 996 GT3 RS for sale at £69,995 with 10,000 miles

Theres also a 997 GT3 for sale in Bristol OPC for £85 K -

£15,000 difference !!!!!

back in Dec 06 / Jan 07 the difference was at least 30 K to trade up

does this mean the 996 RS is going up in value ???

tim
No. I'd have thought it means the dealer is asking too much for the 996 and people are realising they can't ask stoopid money for the 997 anymore - especially with all the talk of a MK2. I think the 996 is HOLDING it's value though.

pocty

1,128 posts

310 months

Wednesday 25th July 2007
quotequote all
I think they are going up in value but then again I would say that
seeing as I bought your old RS Timmo.

Nicest looking 996 too IMHO.

Pocty

clubsport

7,417 posts

289 months

Wednesday 25th July 2007
quotequote all
Thre was a good low miles '04 in the classifieds recently reduced to £59,950...good value, believe it sold at that level.
Early Gt3 are looking reasonable value against some of the air cooled cars, shame they are such heavy barges though wink

anonymous-user

85 months

Wednesday 25th July 2007
quotequote all
clubsport said:
Thre was a good low miles '04 in the classifieds recently reduced to £59,950...good value, believe it sold at that level.
Early Gt3 are looking reasonable value against some of the air cooled cars, shame they are such heavy barges though wink
Indeed there was that needed new tyres , discs & pads all round

cayman-black

13,268 posts

247 months

Wednesday 25th July 2007
quotequote all
o4 car priced at 60k with lowish miles, something must be wrong. if i was to sell mine i would want around the 70k mark. why, because it is undamaged(alot are)not tracked original car in perfect condition.

9hellheaven

1,595 posts

240 months

Wednesday 25th July 2007
quotequote all
timmo said:
Looking at the latest 996 GT3 RS for sale from Cars of Malton
a 996 GT3 RS for sale at £69,995 with 10,000 miles

Theres also a 997 GT3 for sale in Bristol OPC for £85 K -

£15,000 difference !!!!!

back in Dec 06 / Jan 07 the difference was at least 30 K to trade up

does this mean the 996 RS is going up in value ???

tim
No it just means they ask a premium for the cars they sell!!

anonymous-user

85 months

Wednesday 25th July 2007
quotequote all
cayman-black said:
o4 car priced at 60k with lowish miles, something must be wrong. if i was to sell mine i would want around the 70k mark. why, because it is undamaged(alot are)not tracked original car in perfect condition.
Paul , see above post , i have viewed the car smile

9hellheaven

1,595 posts

240 months

Wednesday 25th July 2007
quotequote all
cayman-black said:
o4 car priced at 60k with lowish miles, something must be wrong. if i was to sell mine i would want around the 70k mark. why, because it is undamaged(alot are)not tracked original car in perfect condition.
You can ask what ever you want, however its a buyers market as with most things second hand.

DiscoColin

3,328 posts

245 months

Wednesday 25th July 2007
quotequote all
I would expect increasing rarity to cause 996RS values to hold or maybe go up. At the rate that they seem to be getting trashed on tracks the only ones around in 10 years time will be the garage queens.

smiley denied

sambaman

3,991 posts

255 months

Wednesday 25th July 2007
quotequote all
well i think there bloody fantastic cars..!

TCB

109 posts

264 months

Thursday 26th July 2007
quotequote all
The 60K car had no aircon - that has always resulted in a kick of circa 5k to value

GOOD RS's are getting rare - lots of damaged cars out there

When I bought mine I turned up bad history on 12 out of 14 cars I looked at !

I think values are good as people realise they are pretty much just as good on track as a 997RS but 40-50K cheaper !

I have even heard a few say they prefer the 996 as a track car

Definatelty a future Classic - it will ber THE 996 to keep and go the same way value wise as 964 and 993 RS

Glad I got a good one while I still could !

Edited by TCB on Thursday 26th July 11:37

scotty_917

1,034 posts

253 months

Thursday 26th July 2007
quotequote all
Pugsey said:
timmo said:
Looking at the latest 996 GT3 RS for sale from Cars of Malton
a 996 GT3 RS for sale at £69,995 with 10,000 miles

Theres also a 997 GT3 for sale in Bristol OPC for £85 K -

£15,000 difference !!!!!

back in Dec 06 / Jan 07 the difference was at least 30 K to trade up

does this mean the 996 RS is going up in value ???

tim
No. I'd have thought it means the dealer is asking too much for the 996 and people are realising they can't ask stoopid money for the 997 anymore - especially with all the talk of a MK2. I think the 996 is HOLDING it's value though.
Malton ALWAYS have their cars way above usual market values....sorry JWB, but true...

DanH

12,287 posts

291 months

Thursday 26th July 2007
quotequote all
PAULD996RS said:
clubsport said:
Thre was a good low miles '04 in the classifieds recently reduced to £59,950...good value, believe it sold at that level.
Early Gt3 are looking reasonable value against some of the air cooled cars, shame they are such heavy barges though wink
Indeed there was that needed new tyres , discs & pads all round
Not to mention that he's been offered more than asking for it now too (61k) which isn't bad for a car which needs 3k spent on consumables and has no aircon!

DanH

12,287 posts

291 months

Thursday 26th July 2007
quotequote all
scotty_917 said:
Pugsey said:
timmo said:
Looking at the latest 996 GT3 RS for sale from Cars of Malton
a 996 GT3 RS for sale at £69,995 with 10,000 miles

Theres also a 997 GT3 for sale in Bristol OPC for £85 K -

£15,000 difference !!!!!

back in Dec 06 / Jan 07 the difference was at least 30 K to trade up

does this mean the 996 RS is going up in value ???

tim
No. I'd have thought it means the dealer is asking too much for the 996 and people are realising they can't ask stoopid money for the 997 anymore - especially with all the talk of a MK2. I think the 996 is HOLDING it's value though.
Malton ALWAYS have their cars way above usual market values....sorry JWB, but true...
He wouldn't deny that though. He'd just say that he selects the best cars, prepares them to the highest level and his customers decide if they want to pay the premium for that.

I think 996 RSs have picked up a little in value since the dip when I bought mine 2 years ago. In fact it doesn't seem to have depreciated really which is nice, but somewhat academic when you factor in the costs of tyre/brakes and everything else on a car of this nature.

DanH

12,287 posts

291 months

Thursday 26th July 2007
quotequote all
scotty_917 said:
Pugsey said:
timmo said:
Looking at the latest 996 GT3 RS for sale from Cars of Malton
a 996 GT3 RS for sale at £69,995 with 10,000 miles

Theres also a 997 GT3 for sale in Bristol OPC for £85 K -

£15,000 difference !!!!!

back in Dec 06 / Jan 07 the difference was at least 30 K to trade up

does this mean the 996 RS is going up in value ???

tim
No. I'd have thought it means the dealer is asking too much for the 996 and people are realising they can't ask stoopid money for the 997 anymore - especially with all the talk of a MK2. I think the 996 is HOLDING it's value though.
Malton ALWAYS have their cars way above usual market values....sorry JWB, but true...
He wouldn't deny that though. He'd just say that he selects the best cars, prepares them to the highest level and his customers decide if they want to pay the premium for that.

I think 996 RSs have picked up a little in value since the dip when I bought mine 2 years ago. In fact it doesn't seem to have depreciated really which is nice, but somewhat academic when you factor in the costs of tyre/brakes and everything else on a car of this nature.

ChrisW.

8,164 posts

286 months

Sunday 5th August 2007
quotequote all
DanH said:
PAULD996RS said:
clubsport said:
Thre was a good low miles '04 in the classifieds recently reduced to £59,950...good value, believe it sold at that level.
Early Gt3 are looking reasonable value against some of the air cooled cars, shame they are such heavy barges though wink
Indeed there was that needed new tyres , discs & pads all round
Not to mention that he's been offered more than asking for it now too (61k) which isn't bad for a car which needs 3k spent on consumables and has no aircon!
Well, I'll describe that car in one --- because I bought it.

It is booked in to have a full set of brakes and pads, new front bib spoiler and I'll have the brake ducts replaced whilst we are at it --- £3k thankyou.

It had four new tyres, road tax to the end of May 08, all the options described plus a couple of other things --- and it most definitely has Aircon (as per ad).

Yes it did sell at close to the asking price with an allowance towards the brakes --- this way I get to choose.

And it has turned out to be everything the orginal owner described it to be, thanyou John.

ChrisW.

8,164 posts

286 months

Sunday 5th August 2007
quotequote all
sambaman said:
well i think there bloody fantastic cars..!
Isn't your car up for sale ?

It should be worth more now that porsche have said they aren't accepting any more 997 GT3 orders ?

Jules 1

139 posts

233 months

Monday 6th August 2007
quotequote all
Future values like anything are driven by supply and demand.

(Supply) The number of 996 RS's in the uk seems to be less than 130.

(Demand) This seems to be driven by press sentiment / feedback and pricing in relation to other RS variants.

I would not expect that the price for good clean / low mile examples falling much below £60k in the next few years.


Edited by Jules 1 on Monday 6th August 11:26

barrythompson

455 posts

249 months

Monday 6th August 2007
quotequote all
ChrisW. said:
DanH said:
PAULD996RS said:
clubsport said:
Thre was a good low miles '04 in the classifieds recently reduced to £59,950...good value, believe it sold at that level.
Early Gt3 are looking reasonable value against some of the air cooled cars, shame they are such heavy barges though wink
Indeed there was that needed new tyres , discs & pads all round
Not to mention that he's been offered more than asking for it now too (61k) which isn't bad for a car which needs 3k spent on consumables and has no aircon!
Well, I'll describe that car in one --- because I bought it.

It is booked in to have a full set of brakes and pads, new front bib spoiler and I'll have the brake ducts replaced whilst we are at it --- £3k thankyou.

It had four new tyres, road tax to the end of May 08, all the options described plus a couple of other things --- and it most definitely has Aircon (as per ad).

Yes it did sell at close to the asking price with an allowance towards the brakes --- this way I get to choose.

And it has turned out to be everything the orginal owner described it to be, thanyou John.
Nice car, i saw it a few years ago at Elvington nr York. I was not too keen on the big red stripes over the car and the Vauxhall corsa style ariel on the roof though.