996 GT3 - is now the time to buy?

996 GT3 - is now the time to buy?

Author
Discussion

nw942

260 posts

46 months

Wednesday 13th March
quotequote all
Harris_I said:
Agree. Cars like Mezger 911s, V10 Audis, V12 Astons, all with manual boxes, look very tempting as long term keepers. Involving drivers' cars representing the end of an era, unlikely to be repeated.
Certainly tempting from a driving perspective, but I do wonder how values will fare over the next 10 years as we move towards electric/hybrid.

Will demand/prices remain high or will they fall back quite significantly because no one wants a 'dinosaur'?

Which underlines buying the car for what it is and what it gives you rather than anything else.

FocusRS3

2,718 posts

32 months

Wednesday 13th March
quotequote all
nw942 said:
Certainly tempting from a driving perspective, but I do wonder how values will fare over the next 10 years as we move towards electric/hybrid.

Will demand/prices remain high or will they fall back quite significantly because no one wants a 'dinosaur'?

Which underlines buying the car for what it is and what it gives you rather than anything else.
very good question and i can see both arguments........

Kevin-sz0nv

195 posts

47 months

Wednesday 13th March
quotequote all
I don't think it will be all that long before any naturally aspirated manual R8 Porsche GT3 etc with low miles in great condition will shoot up in price. Look at even the Ferrari 612 Not long ago autos were available around 60k and a manual 70k. Now take a look I can only find 2 a POA car and a 2005 20k miles for sale at £139k which is nearly double the price of an auto. Yes there were not that many manuals built but a V12 non turbo manual ferrari is much sought after. I predict in 5 years (if we don't all go to war cos of Trump) that a low mileage 996 GT3 will be up around 100k....we will all see but I don't think you have to be a car dealer to see the logic in that statement.

BrotherMouzone

2,157 posts

115 months

Wednesday 13th March
quotequote all
Kevin-sz0nv said:
I paid £63k 2 years ago for mine it's 27k miles full history and to me the best colour.
All things considered, I think you did well there!

Was it private or dealer?

D.no

300 posts

153 months

Wednesday 13th March
quotequote all
nw942 said:
Certainly tempting from a driving perspective, but I do wonder how values will fare over the next 10 years as we move towards electric/hybrid.

Will demand/prices remain high or will they fall back quite significantly because no one wants a 'dinosaur'?

Which underlines buying the car for what it is and what it gives you rather than anything else.
These cars are all about the "driving perspective" though. There aren't many other arguments for them. Certainly it's the very reason I will always own a naturally aspirated, petrol-engined, manual car with hydraulic (or non-assisted) steering, and the reason why we are already past the peak of development if they are the criteria that you deem as most important. Electric/Hybrid cars are not, in my view, direct competitors to the sort of cars discussed (and never will be). I'm admittedly a luddite when it comes to cars, and realise many will happily turn their backs on the criteria that I feel deliver the best driving experience, but equally I believe there will always be a strong demand for the pinnacle of analogue automotive development, the internal combustion engine, and driver involvement/immersion.

I couldn't agree more with your closing sentiment.


Advertisement

Harris_I

3,001 posts

200 months

Wednesday 13th March
quotequote all
nw942 said:
Which underlines buying the car for what it is and what it gives you rather than anything else.
100% this. Like art collectors, buy it cos it makes you happy, not for its future value.

That way if the market crashes and burns, you still own AND USE something you get enjoyment from.

Bizarro

128 posts

116 months

Friday 15th March
quotequote all
Interested to read this thread as I am currently considering a 996 Turbo.

It will be a couple of months before I'm in a position to buy so just been looking at what is around. From what is currently for sale there seams to be a vast difference in price range from £35k to £55k for what seam to be similar spec, mileage cars

Not looking for an investment car as such, just something I can use as a second car, keep for 2 to 3 years and sell for similar money to what I paid for it.
As an 'investment' I guess GT3 would be a safer bet? My max would be £55k for the right car so I may be lucky and get a GT3 but this would be lower end GT3 where £55k gets me into high end turbo?

Drove a 996 turbo briefly back in about 2003 and was immensely impressed, not sure how it would feel today?

Digga

26,773 posts

224 months

Friday 15th March
quotequote all
Bizarro said:
Interested to read this thread as I am currently considering a 996 Turbo.

It will be a couple of months before I'm in a position to buy so just been looking at what is around. From what is currently for sale there seams to be a vast difference in price range from £35k to £55k for what seam to be similar spec, mileage cars

Not looking for an investment car as such, just something I can use as a second car, keep for 2 to 3 years and sell for similar money to what I paid for it.
As an 'investment' I guess GT3 would be a safer bet? My max would be £55k for the right car so I may be lucky and get a GT3 but this would be lower end GT3 where £55k gets me into high end turbo?
GT3 would be a 'safer' bet and TBH would very probably, like for like, cost less to run, simply because the turbo has two of everything that's expensive to run, long term: turbos, intercoolers, actuators, wastegates etc. etc.

Like for like being the key here, because with both cars, you either buy on condition or at your peril. Bills can be very big.

[quote=BizarroDrove a 996 turbo briefly back in about 2003 and was immensely impressed, not sure how it would feel today?
Still ****ing supercar quick to be frank. Very, very competent package.

993rsr

1,936 posts

190 months

Friday 15th March
quotequote all
Harris_I said:
nw942 said:
Which underlines buying the car for what it is and what it gives you rather than anything else.
100% this. Like art collectors, buy it cos it makes you happy, not for its future value.

That way if the market crashes and burns, you still own AND USE something you get enjoyment from.
Afuxxingmen to that.


1WEL

38 posts

167 months

Tuesday 19th March
quotequote all
Wilmslowboy said:
Someone will end up with a bargain today, anything under early £50k (inc fees) would be a steal....

Bidding started at £48,000 and ended at £51,000 today, quite a bit less than the £55,000 "buy it now" from last week.
Don't know if it sold

FocusRS3

2,718 posts

32 months

Tuesday 19th March
quotequote all
1WEL said:
Bidding started at £48,000 and ended at £51,000 today, quite a bit less than the £55,000 "buy it now" from last week.
Don't know if it sold
Any links please ?

shantybeater

817 posts

110 months

Tuesday 19th March
quotequote all
Bizarro said:
Interested to read this thread as I am currently considering a 996 Turbo.

It will be a couple of months before I'm in a position to buy so just been looking at what is around. From what is currently for sale there seams to be a vast difference in price range from £35k to £55k for what seam to be similar spec, mileage cars

Not looking for an investment car as such, just something I can use as a second car, keep for 2 to 3 years and sell for similar money to what I paid for it.
As an 'investment' I guess GT3 would be a safer bet? My max would be £55k for the right car so I may be lucky and get a GT3 but this would be lower end GT3 where £55k gets me into high end turbo?

Drove a 996 turbo briefly back in about 2003 and was immensely impressed, not sure how it would feel today?
go manual, desirable colour, x50 or S variant and tintop, that will increase the odds of it holding or increasing in value. They are still bonkers quick even in standard trim, it will just feel more analogue than you remember.

1WEL

38 posts

167 months

Tuesday 19th March
quotequote all
FocusRS3 said:
Any links please ?
BCA links don't work once a car has gone through the auction.

FocusRS3

2,718 posts

32 months

Tuesday 19th March
quotequote all
1WEL said:
BCA links don't work once a car has gone through the auction.
Ok what was the details like mileage , CS ETC

1WEL

38 posts

167 months

Tuesday 19th March
quotequote all
FocusRS3 said:
Ok what was the details like mileage , CS ETC
This was the car. I presume the owner PX'd it with Jardine Motors as it was entered by them
https://www.autostoresales.co.uk/porsche996gt3comf...

FocusRS3

2,718 posts

32 months

Tuesday 19th March
quotequote all
1WEL said:
This was the car. I presume the owner PX'd it with Jardine Motors as it was entered by them
https://www.autostoresales.co.uk/porsche996gt3comf...
Tks ...And it made 51k...Shows you where the real market is a guess

LaSource

2,229 posts

149 months

Tuesday 19th March
quotequote all
FocusRS3 said:
Tks ...And it made 51k...Shows you where the real market is a guess
...for a black, comfort, without buckets or cage, and at an auction - yes it does smile

Just saying that pricing has always been quite broad for these cars depending on colour, mileage, CS/no CS, buckets/no buckets, cage/no cage, accident/no accident etc. Not knocking it - there is a home for all cars at the right price, and very satisfied owners too.

Mitch911

169 posts

110 months

Tuesday 19th March
quotequote all
Yes, big range on these at the moment. Look at this at one end and the SY CS car which sold quick through RPM recently.

marky911

3,677 posts

160 months

Tuesday 19th March
quotequote all
Yes some seem to come and go quickly yet most sit around for months or years.

I think FocusRS guy above is talking them down. I don’t know if you’re in the market Focus but I’d guess you don’t own one by how much you talk them down?

That’s fine though we all have our views/agendas. wink

I’m currently in the market for one and fancy a Mk2 this time after my Mk1 CS a few years ago.
I doubt it’ll be a CS though, but It must have buckets.

The market is very slow though so I’m in no rush. If things miraculously picked up suddenly then I’d buy something quickly.

As said, the market is deathly slow and even the ones we all deem as bargains don’t fly out the door immediately.
I’m just watching for a month or two.

Failing that it’ll be a 993 C2 or a 987 Spyder.

Someone said the Supercar Rooms Polar car had sold but it’s still listed everywhere?
I offered them £52k a couple of weeks ago but they said no.

The truth of it is probably that demand has dropped right off but no one has dropped prices in response.
It seems most sellers even the respected dealers, are happy to just sit on them for years.




Edited by marky911 on Tuesday 19th March 18:10

1WEL

38 posts

167 months

Tuesday 19th March
quotequote all

It didn’t sell so it’s back in again on the 27th