996 GT3 - is now the time to buy?

996 GT3 - is now the time to buy?

Author
Discussion

nickpan

367 posts

130 months

Monday 22nd April
quotequote all
Dan911 said:
I think once we are out of the Brexit state of mind (no matter what happens with it) I can only see 96GT3’s heading north.

Has to be the bargain of the Porsche world at £55-65k for an epic car in its day that has stood its ground throughout 15-20 years and is still in the top 5 Porsche’s ever made IMO.

<flame suit on>
Happy to hear this as it’s on my (very) short list having just taken a deposit on my current 911.

Anybody know of any enthusiast owned cars coming up for sale?

Dammit

2,973 posts

149 months

Monday 22nd April
quotequote all
Dan911 said:
I think once we are out of the Brexit state of mind (no matter what happens with it) I can only see 96GT3’s heading north.
That may well be never, or 2040, or October 2019. Roll the dice and pick your favourite outcome.

No matter what happens with regards to leaving or staying (or BRINO), we've done enough damage to our economy to make a recovery both needed, and unlikely. For e.g. Honda will never trust us again, and they're not alone.



Dan911

2,448 posts

149 months

Monday 22nd April
quotequote all
Dammit said:
. For e.g. Honda will never trust us again, and they're not alone.
Go on....

Dammit

2,973 posts

149 months

Monday 22nd April
quotequote all
? You want more detail on Honda, or the other manufacturers, or both?

BrotherMouzone

2,157 posts

115 months

Friday 26th April
quotequote all
freedman said:
Wilmslowboy said:
Someone will end up with a bargain today, anything under early £50k (inc fees) would be a steal....

Now showing as buy now £55,000
Back again on eBay for £65k

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Ursicles

820 posts

183 months

Saturday 27th April
quotequote all
Seems its the same cars going round and round in circles, very few are actually coming off the mkt.

Prob goes to illustrate the price point isnt right and the mkt needs correcting. Just because the price is £65k, doesnt mean its worth that - think most vendors are chancing their arm, but most buyers are sitting back and re-evaluating at the moment.

BTW - i looked at that purple GT3 that was linked earlier. For me, to keep its value the car needs to be standard - ones that have been tinkered with lose their appeal.

ferrisbueller

22,686 posts

168 months

Saturday 27th April
quotequote all
Reading these forums and others, such as 911UK, and talking to some dealers, it seems there's a steady flow of cars selling. Some have sat for a while for whatever reason but some are also moving.

BrotherMouzone

2,157 posts

115 months

Saturday 27th April
quotequote all
Ursicles said:
Seems its the same cars going round and round in circles, very few are actually coming off the mkt.
Two extremes; some sold really quickly whilst others sticking around.

I bought mine last summer and plenty have been sold since (some bought by PHers / 911UKers, some sold by well known dealers, Mr Damon’s old car sold fairly quickly etc)

Highest priced ones sold since last August, AFAIK, was a Mk2 silver Clubsport (cage delete) at Steve Bull Porsche, advertised £74k (?). 911V sold its red Mk1 CS in no time, advertised 71-72.

Cars that have been sticking around, there could be a number of reasons. Imperfect history, range 2 overrevs, or just simply overpriced. We don’t know for sure unless you’ve inspected the cars.

Anyway, my friend has just put deposit down on a 996 GT3 this week so that’s another one off the market.


Dammit

2,973 posts

149 months

Saturday 27th April
quotequote all
I think he extension coming at the same time as spring will have freed things up a little- however it’s now looking like we are going to squander said extension which will become more and more apparent as we close in on October- and we’ve been told not to expect a further period of A50, so the big shock is still in store if our politicians remain paralysed.

The 1922 can’t remove May as long as the members would choose Boris, so she’s (for now) bullet proof, and she only knows one way forward- will she revoke at the last minute or so we sail off the edge of he falls at the end of the summer?

I suspect we’ll see GT3’s for less at the end of the summer than we do today, possibly dramatically so if it’s crash out and negotiate cap in hand that defines our future.

marky911

3,677 posts

160 months

Saturday 27th April
quotequote all
ferrisbueller said:
Reading these forums and others, such as 911UK, and talking to some dealers, it seems there's a steady flow of cars selling. Some have sat for a while for whatever reason but some are also moving.
A few cars have sold in the last couple of weeks.
The Ashgood GT3 did and the silver RPM car sold while I was heading down to view it.
I had a max budget of £60k so that left the Supercar Rooms Polar silver one. Mechanically sorted but dog rough.
The other one it left was the Autostore black one which I’ve bought. Not perfect but straight, decent mileage and good history and mods, most of which I’d want to do anyway.
I collect next Saturday can’t wait.

If they drop, they drop. I’m here once so I’m not going to live in fear of what ifs and sit on my funds while I could be enjoying a great car. Obviously a few other people are thinking the same as plenty of stuff is shifting now spring is here. Even just the last 2-3 weeks have seen things pick up.

Roll on next weekend. driving



Edited by marky911 on Saturday 27th April 23:20

LaurasOtherHalf

14,810 posts

137 months

Sunday 28th April
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Nice work Mark, look forward to a good thread about it smile

ChrisW.

3,067 posts

196 months

Sunday 28th April
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Particularly when you consider that the thought police will soon be calling you out on anything new of this quality ...


D.no

300 posts

153 months

Monday 29th April
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marky911 said:
If they drop, they drop. I’m here once so I’m not going to live in fear of what ifs and sit on my funds while I could be enjoying a great car.

Edited by marky911 on Saturday 27th April 23:20
beer

Congrat's, and let us know your first impressions

marky911

3,677 posts

160 months

Wednesday 1st May
quotequote all
Thanks lads,

It’s the most I’ve spent on a car so it’s a mixture of anxiousness and excitement. wink

Great cars though and after selling my Mk1 CS to fund my house project back in 2014, I never thought I’d get back into one, as prices rose faster than I could ever save etc.

As I’ve said they may dive bomb yet, but while they’ve plateau’d I’m making sure I grab one while I can.
After that prices can do what they want. Even if they drop, you only lose if you sell, which I hopefully never will. smile

So in answer to the thread title. Yes, now is the time to buy. biggrin




Edited by marky911 on Wednesday 1st May 06:48

boxsey

3,358 posts

151 months

Wednesday 1st May
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Nice one Marky! thumbup

marky911

3,677 posts

160 months

Thursday 2nd May
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Thanks Steve. It’s no Mk1 CS but I’m still chuffed.
thumbup

gtsralph

788 posts

85 months

Kettmark

303 posts

94 months

Thursday 16th May
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Must be one of the only examples with 12 k miles on it but very limited market for a left hooker in the uk.
Wishful thinking.

Slippydiff

10,332 posts

164 months

Thursday 16th May
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gtsralph said:
roflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflroflrofl

Makes the RHD Speed Yellow Clubsport look an absolute bargain.

LaurasOtherHalf

14,810 posts

137 months

Thursday 16th May
quotequote all
12K miles? looks like the passenger had their foot on the dash for 11k of them.