Is this a fair price for a 'leggy' gen 1 comfort gt3?

[RC1]

i keep reading about mileage sensitivity with these so wanted to get the expert view

its far from my target spec but at the same time i dont want to be waiting forever so would consider getting into a stop gap car if i didnt have to take a bath when i get out of it and into the cs

https://www.pistonheads.com/classifieds/used-cars/...

the very leggy one that has popped up again and this time on AT is def not under consideration

[GT4RS]

I would never buy a car unless it’s actually what I wanted. If you heart is set on clubsport that’s what you should go for, most have been up for ever so it’s a buyers market. Many are removed for sale as they don’t sell, put a wanted advert out there you may be surprised.

Edited by GT4RS on Saturday 1st December 20:32

[Harris_I]

From the generation of Porsches that were easy to mod to your personal preference.

CoG set up and refurbed dampers plus recently serviced. What's not to like?

If the seats are a problem, there are plenty of high quality after market buckets.

If the colour's a problem, well then I guess that's harder to get comfortable with...

Long term current owner, 68k miles suggests an average of 6k miles a year which would imply regular usage and therefore a "proper" working car. If it has a bagful of invoices and no accidents, then it sounds like it's worth considering for anyone looking for a pukka analogue driving experience. The difference between clubsports and non-CS of that era is negligible in my view.

[RC1]

i can see merit in both arguments but i also know that the the guards red cs and the rs green cs at wilmslow sold at or very close to their respective asking prices of 85 and 91

i could certainly live with a comfort because the difference between the 2 is not worth 20 to me at least.. different story if the cs was out there for 70 but i dont see that happening given the trade bid still seems really strong for a decent below average miles cs

that cobalt blue one at cameron is nice but is 89!

[braddo]

The bigger factor in not taking a financial bath is buying privately.

You buy a nice CS at £90k from a dealer and you'll get offered say £75k by any dealer if you wanted to sell.

Whereas, you buy a car privately at £63k and the potential downside is far lower.

Or put another way, the £90k CS is going to have to appreciate to say £105k retail before you will break even...

ETA - obviously the easiest way to decide is to go drive a £90k CS and this private car at £63k and see how different they look and feel (accounting for the different seats of course).

Edited by braddo on Saturday 1st December 22:30

[Kettmark]

I think the mileage is probably putting people off. These cars are mileage sensitive. 68 k isn't high but if you put say 6k per year on it the mileage is going to be up there in 3 or 4 years.
Personally it wouldn't bother me as I'm looking for a daily driver to keep so not worried about cs spec.
If your heart is set in a cs, get a vs not a stop gap.

[RC1]

Kettmark said:

I think the mileage is probably putting people off. These cars are mileage sensitive. 68 k isn't high but if you put say 6k per year on it the mileage is going to be up there in 3 or 4 years.
Personally it wouldn't bother me as I'm looking for a daily driver to keep so not worried about cs spec.
If your heart is set in a cs, get a vs not a stop gap.

youve been looking for a few months so hows it coming along?

[Kettmark]

Still looking and still monitoring prices. Gut feeling these cars still have some falling to do price wise.
My heart says buy one life is short & my head says stick with current 997.1 c2s & modify it.
I know I won't get modification money back on my car but I could taylor it to my requirements for much less than purchase price of a gt3.
I've seen the car advert you refer to earlier in this post and am tempted..
I'm not hung up on cs spec as those cars are substantially more expensive and I'm not looking for an 'investment', more a daily driver. There are a couple of cars advertised im keeping an eye on, hoping there may be price drops. None as yet.

[Geoffrey 321]

Kettmark said:

I think the mileage is probably putting people off. These cars are mileage sensitive. 68 k isn't high but if you put say 6k per year on it the mileage is going to be up there in 3 or 4 years.
Personally it wouldn't bother me as I'm looking for a daily driver to keep so not worried about cs spec.
If your heart is set in a cs, get a vs not a stop gap.

I think the mileage is all you can expect for that age, wouldn't put me off.

[Cheib]

Wasn’t there a 150k mile GT3 that went for £50k ? You could put 30k miles on that car and I reckon it would be still worth £50k. Put 30k miles on a low mileage car and it’ll cost you more than £15k.

There will always be a buyer for a cheap well maintained GT3. For most people it’s the only way they can ever get their hands on one.

[GT4RS]

Kettmark said:

Still looking and still monitoring prices. Gut feeling these cars still have some falling to do price wise.
My heart says buy one life is short & my head says stick with current 997.1 c2s & modify it.
I know I won't get modification money back on my car but I could taylor it to my requirements for much less than purchase price of a gt3.
I've seen the car advert you refer to earlier in this post and am tempted..
I'm not hung up on cs spec as those cars are substantially more expensive and I'm not looking for an 'investment', more a daily driver. There are a couple of cars advertised im keeping an eye on, hoping there may be price drops. None as yet.

A 997.1 gt3 took sometime to get up to 85k to 90k price bracket and at that price only the most original / best spec / lowest mileage club sport cars actually sell. Many would be nervous paying 85k for one atm as you wouldn't be able to use it and put mileage on it as that would kill its value and desirability. You could easily take a 20k bath if you used it for a summer and then tried to move it on via a dealer. Expensive motoring IMO

You may be better off buying a sensible priced private higher mileage sofa seat car. But get it properly inspected before purchase as bills can’t easily rack up if you buy a lemon. Good cars can be brought for around 60k if you look hard enough.

Just remember these aren’t easy to sell privately and you will have the upper hand as you wouldn’t be bidding against an OPC as the age and mileage would be to high / I can’t see many private dealers putting their own cash out considering the change of direction in the market and I wouldn’t imagine there’s a huge amount of demand privately for this type car ATM.

From memory the really high mileage car originally sold a year or two ago for around 45k, but that cars quite unusual due to its high mileage. I assume the current seller is probably trying to get his money back as I imagine he’s had to spend a bit on it in his ownership.

[Phooey]

Kettmark said:

Gut feeling these cars still have some falling to do price wise.

My gut feeling is they are now pretty safe. They have probably come off their peak slightly this year, but the main point that's going to keep them safe and from further falls is they are quite a rare car in the grand scheme of things - and a very highly respected rare car at that. The fact that some of them sit around in showrooms for a while is quite the norm and shouldn't be a worry as long as you do your homework.

It's the modern post-2010 stuff that you need to be careful with if depreciation is a concern.

[MDL111]

If you are worried about depreciation - ie not a keeper - then wait imo - 996 gt3 was a 30-40k car at some point, no reason the 997 won’t get close to that level - esp given the insecurity re UK economic development
If you really want one and can stomach value loss and the possibility of expensive repairs (10 year plus old car), then buy one, but be aware you might have a 10k service bill at some point (or a lot more if the engine needs a rebuild)

[RC1]

MDL111 said:

but be aware you might have a 10k service bill at some point (or a lot more if the engine needs a rebuild)

i never factored that into my decision making... is it really that likely?

[GT4RS]

RC1 said:

MDL111 said:

but be aware you might have a 10k service bill at some point (or a lot more if the engine needs a rebuild)

i never factored that into my decision making... is it really that likely?

Apparently 10k is the magic number to bring these cars up to scratch and I assume that number isn’t based around a high mileage car.

I’ve personally never ran a Porsche out of warranty and would be afraid to do so given the cost of some repairs.

[RC1]

GT4RS said:

Apparently 10k is the magic number to bring these cars up to scratch.

Curious. Can you break that 10k down for me?

[ttdan]

RC1 said:

GT4RS said:

Apparently 10k is the magic number to bring these cars up to scratch.

Curious. Can you break that 10k down for me?

Yes, your OPC can sell you a special “up to scratch refresh for GT3” pack, it’s about £10k :-)

So disappointing that this particular bit of PH Porsche forum gross generalisation has actually become enshrined.

[RC1]

hence my long hiatus from PH for many years!

hoping that this thread is kept close to the point with facts and direct personal experiences as im genuinely seeking advice and help as i dip toe back into pork world!

[MDL111]

RC1 said:

GT4RS said:

Apparently 10k is the magic number to bring these cars up to scratch.

Curious. Can you break that 10k down for me?

Sure I will break it down

New set of PCCBs 15k or so
New Suspension components probably 5k or so
New geo - don’t know but probably at least a few hundred
Top end rebuild probably 8k plus (might be a lot more depending on if anything actually broke)
New clutch say 2k (it is 6k on my Scud so 2k might be understating it)
A ton of small parts that add up to money once you paid for hours of work (eg i just paid 3k for a new exhaust back box and 1.8k for new brake pads)

All this is assume you drive the car ... otherwise 2k for a refresh polish of it

[ttdan]

RC1 said:

hence my long hiatus from PH for many years!

hoping that this thread is kept close to the point with facts and direct personal experiences as im genuinely seeking advice and help as i dip toe back into pork world!

Understand that. Things can go ff track here rapidly. Cars wear out over time...who knew:-)

GT3 is a tough car, they can absolutely take being driven hard but need maintenance to suit. Used market is a bit of a minefield but more to do with provenance than them being trashed IME.

A want ad is a good idea I’d have thought as someone suggested.