GT3 deprecation
GT3 deprecation
Author
Discussion

matthall

Original Poster:

236 posts

248 months

Thursday 3rd July 2014
quotequote all
just wondered what opinions people have on expected depreciation for this:

immaculate white 997 GT3 Club Sport, 20,000 miles and £65k to buy today

Value in 2 years with 28000 miles on (assuming same condition & keeping up proper servicie schedule)?

hondansx

4,700 posts

255 months

Thursday 3rd July 2014
quotequote all
Surely one of the lowest risk purchases you could make currently. It's certainly not going to drop like a stone; just do it.

911dullard

133 posts

149 months

Thursday 3rd July 2014
quotequote all
matthall said:
just wondered what opinions people have on expected depreciation for this:

immaculate white 997 GT3 Club Sport, 20,000 miles and £65k to buy today

Value in 2 years with 28000 miles on (assuming same condition & keeping up proper servicie schedule)?
50-55 id say depending weather you sell private of dealer.....great cars

911Viking

299 posts

174 months

Thursday 3rd July 2014
quotequote all
Won't drop much, great cars, just do it and go and have some fun. Make sure to get a full inspection to avoid surprises, a few of these have lived a hard life.

V8KSN

4,713 posts

214 months

Thursday 3rd July 2014
quotequote all
matthall said:
just wondered what opinions people have on expected depreciation for this:

immaculate white 997 GT3 Club Sport, 20,000 miles and £65k to buy today

Value in 2 years with 28000 miles on (assuming same condition & keeping up proper servicie schedule)?
First of all, get it inspected and get the rev ranges checked
Secondly, are you only planning on doing 4k a year in it?

matthall

Original Poster:

236 posts

248 months

Thursday 3rd July 2014
quotequote all
I would only buy from a recognised dealer, and yes I reckon on about 4k miles pa as it's never used during the week, and that's about what I do in my C2S.

g7jhp

7,034 posts

268 months

Thursday 3rd July 2014
quotequote all
Seems like the agreed market price for 997.1 GT3's is £67k this week! biggrin

nsm3

2,831 posts

226 months

Thursday 3rd July 2014
quotequote all
That's depressing, I sold mine for 52k only 7 months ago with 12k on the clock, although it was a comfort pussy model!

V8KSN

4,713 posts

214 months

Thursday 3rd July 2014
quotequote all
nsm3 said:
That's depressing, I sold mine for 52k only 7 months ago with 12k on the clock, although it was a comfort pussy model!
A comfort model is the best one! biggrin

Full Disclosure - I have a comfort model

MDahmen

8,910 posts

207 months

Thursday 3rd July 2014
quotequote all
Amazing how well these have held up for a reasonably new car. I looked at a white Club Sport in 2009 at an OPC with 14k on the clock for 66k .... that would have been cheap motoring with the 2-year (?) service interval and 2-year OPC warranty included

Slickhillsy

1,773 posts

173 months

Thursday 3rd July 2014
quotequote all
911dullard said:
matthall said:
just wondered what opinions people have on expected depreciation for this:

immaculate white 997 GT3 Club Sport, 20,000 miles and £65k to buy today

Value in 2 years with 28000 miles on (assuming same condition & keeping up proper servicie schedule)?
50-55 id say depending weather you sell private of dealer.....great cars
Surely these are going UP not down?

matthall

Original Poster:

236 posts

248 months

Thursday 3rd July 2014
quotequote all
late 2006/early 2007 btw

Lasitha

177 posts

221 months

Thursday 3rd July 2014
quotequote all
I sold mine early October for £55k...still miss that car and regret selling it as given prices now I would have probably broken even!

Anyone buy the white CS from JZM (black wheels and wing mirrors) around October?

g7jhp

7,034 posts

268 months

Thursday 3rd July 2014
quotequote all
V8KSN said:
nsm3 said:
That's depressing, I sold mine for 52k only 7 months ago with 12k on the clock, although it was a comfort pussy model!
A comfort model is the best one! biggrin

Full Disclosure - I have a comfort model
I'd prefer the comfort model as I'd like a GT3 but don't need the cage etc.

FlopperV60

272 posts

238 months

Thursday 3rd July 2014
quotequote all
I was thinking exactly the same thing last year.

Ended up buying a 2007 clubsport with 19k miles for £60k, 2 year OPC warranty freshly serviced with new brakes and tyres. In my eyes that meant no surprises or servicing costs for 2 years. I can live with the cost of fuel, tyres, brakes and clutch if required as I consider these relative to how much I choose to use the car (if that makes sense!)

So far it has cost me nothing other than a replacement front splitter (now needs another!)I've had a couple of bits done under warranty completely hassle free.

I genuinely can't think of a better buy, I'm sure if I put mine up now SOR with one of the specialists I wouldn't have lost a penny!

Just do it, I promise you will not regret it smile

mollytherocker

14,465 posts

239 months

Thursday 3rd July 2014
quotequote all
Nil.

GT3cs

1,242 posts

271 months

Friday 4th July 2014
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I've just paid more than that for a 12,000mile club sport , in white with exactly the spec I would have ordered new . I wasted 12 months waiting for the market to drop and to get a bargain . It didn't . I may have bought at the top of curve who knows . But i do know I love the car and even if the bubble does burst it's still hardly going to be mind blowing depreciation by any other car standards . Get it bought .

Fish

4,064 posts

312 months

Friday 4th July 2014
quotequote all
Same for me although mine is a 997.2 GT3 CS, thought I may have paid too much, but there has only been two for sale in the last 2 months and one is up at £93k!

braddo

12,334 posts

218 months

Friday 4th July 2014
quotequote all
I've read about a fair bit of GT3 deprecation on here, stuff like needing a £10k refresh whenever you buy one, being rubbish to drive on the road etc...

dinosaurumpus

152 posts

264 months

Friday 4th July 2014
quotequote all
arguably no better place for your wonga if are after an exhilarating drive and have a phobia for depreciation.