997.1 GT3 - 911 Virgin

997.1 GT3 - 911 Virgin

Author
Discussion

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
n12maser said:
£79,999
I would say a fair chunk lower and less than the white one by at least the two year warranty cost and a higher level of prep.

Early 70s even seems expensive


GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
n12maser said:
£79,999
I would say a fair chunk lower and less than the white one by at least the two year warranty cost and a higher level of prep.

Early 70s even seems expensive


evodarren

428 posts

134 months

Wednesday 13th February 2019
quotequote all
GT4RS said:
n12maser said:
£79,999
I would say a fair chunk lower and less than the white one by at least the two year warranty cost and a higher level of prep.

Early 70s even seems expensive
I know the agent selling the white car . I know there is quite a bit of leeway on the price.

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
evodarren said:
GT4RS said:
n12maser said:
£79,999
I would say a fair chunk lower and less than the white one by at least the two year warranty cost and a higher level of prep.

Early 70s even seems expensive
I know the agent selling the white car . I know there is quite a bit of leeway on the price.
Is the car yours?

Why would they not list it at the price they want?

I assume they are just chancing it!

evodarren

428 posts

134 months

Wednesday 13th February 2019
quotequote all
No it’s not my car.
My gt3 is also white.
Obviously not driven much . Super car sourcing is a friend of mine
Like you said first advert to test the water.
Looks a nice decent car though.

Edited by evodarren on Wednesday 13th February 21:31

LaurasOtherHalf

21,429 posts

196 months

Wednesday 13th February 2019
quotequote all
GT4RS said:
evodarren said:
GT4RS said:
n12maser said:
£79,999
I would say a fair chunk lower and less than the white one by at least the two year warranty cost and a higher level of prep.

Early 70s even seems expensive
I know the agent selling the white car . I know there is quite a bit of leeway on the price.
Is the car yours?

Why would they not list it at the price they want?

I assume they are just chancing it!
Selling in a tricky market is...tricky. Imagine you're selling a car on SOR, you market it as the cheapest out there and it sells. You're now known as the guys who undervalue their investors investments and simply sells cheap to earn their commission.

Anyone who has been watching the market for the last couple of years has bound to have seen the market stall and contract a little with cars fluctuating in price which seems to have no baring on sale.

So what does everyone do? Sit on their hands it appears.

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
LaurasOtherHalf said:
GT4RS said:
evodarren said:
GT4RS said:
n12maser said:
£79,999
I would say a fair chunk lower and less than the white one by at least the two year warranty cost and a higher level of prep.

Early 70s even seems expensive
I know the agent selling the white car . I know there is quite a bit of leeway on the price.
Is the car yours?

Why would they not list it at the price they want?

I assume they are just chancing it!
Selling in a tricky market is...tricky. Imagine you're selling a car on SOR, you market it as the cheapest out there and it sells. You're now known as the guys who undervalue their investors investments and simply sells cheap to earn their commission.

Anyone who has been watching the market for the last couple of years has bound to have seen the market stall and contract a little with cars fluctuating in price which seems to have no baring on sale.

So what does everyone do? Sit on their hands it appears.
I would say certain SOR companies are still trying to hype up prices to get these cars in their showrooms to increase there stock levels at no cost to them. The stock they buy with there own cash won’t even be close to the SOR asking prices.

I think we are currently still in the stall period and the drop hasn’t even started.

I notice JZM are starting to sell other brands, Mclaren, Ferrari etc. I assume this is due to low volumes of Porsche gt sales which their brand has grown from in the last 5 years.

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
evodarren said:
No it’s not my car.
My gt3 is also white.
Obviously not driven much . Super car sourcing is a friend of mine
Like you said first advert to test the water.
Looks a nice decent car though.

Edited by evodarren on Wednesday 13th February 21:31
I would say they aren’t that keen to sell it!

LaurasOtherHalf

21,429 posts

196 months

Wednesday 13th February 2019
quotequote all
GT4RS said:
I would say certain SOR companies are still trying to hype up prices to get these cars in their showrooms to increase there stock levels at no cost to them. The stock they buy with there own cash won’t even be close to the SOR asking prices.

I think we are currently still in the stall period and the drop hasn’t even started.
Maybe, who knows though? I posted on the 996 thread about the Blu de Islands PTS GT3mk1 that went through the trade auction last week-bidding stopped at £40k.

I know there was the odd GT3 bargain back in the day but in reality a decent 996 was circa £40k+/- and 997 £60k+/-, if you'd bought a good car now to enjoy for a couple of years and it had fallen back to those prices-would it really bother you that much?

Buy well and you wouldn't be doing much more than consumables depending on use/luck, I don't think losing £20k on a Porsche is the end of the world.

_Superleggera_

2,004 posts

197 months

Wednesday 13th February 2019
quotequote all
GT4RS said:
I would say they aren’t that keen to sell it!
Maybe.

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
_Superleggera_ said:
GT4RS said:
I would say they aren’t that keen to sell it!
Maybe.

Haha good evening supercarsourcing...

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
LaurasOtherHalf said:
GT4RS said:
I would say certain SOR companies are still trying to hype up prices to get these cars in their showrooms to increase there stock levels at no cost to them. The stock they buy with there own cash won’t even be close to the SOR asking prices.

I think we are currently still in the stall period and the drop hasn’t even started.
Maybe, who knows though? I posted on the 996 thread about the Blu de Islands PTS GT3mk1 that went through the trade auction last week-bidding stopped at £40k.

I know there was the odd GT3 bargain back in the day but in reality a decent 996 was circa £40k+/- and 997 £60k+/-, if you'd bought a good car now to enjoy for a couple of years and it had fallen back to those prices-would it really bother you that much?

Buy well and you wouldn't be doing much more than consumables depending on use/luck, I don't think losing £20k on a Porsche is the end of the world.
Interesting you mention the 996 gt3 that recently failed to sell at 40k, with other 996 cars being advertised around 70k retail you would think even a ruff one could make 30k less trade. What does that say about the market and willingness of dealers to buy?

_Superleggera_

2,004 posts

197 months

Wednesday 13th February 2019
quotequote all
GT4RS said:

Haha good evening supercarsourcing...
Good evening. I’m not going to enter a discussion on values but let’s just say it is the cleanest one one I’ve seen for a long time. Has 8 months OPC warranty to run too.

Thanks for your comments though, much appreciated.

GT4RS

4,425 posts

197 months

Wednesday 13th February 2019
quotequote all
_Superleggera_ said:
GT4RS said:

Haha good evening supercarsourcing...
Good evening. I’m not going to enter a discussion on values but let’s just say it is the cleanest one one I’ve seen for a long time. Has 8 months OPC warranty to run too.

Thanks for your comments though, much appreciated.
Fully understand and wouldn’t want to put you in that position. Enjoy your evening, what’s left of it!

BrotherMouzone

3,169 posts

174 months

Wednesday 13th February 2019
quotequote all
LaurasOtherHalf said:
Maybe, who knows though? I posted on the 996 thread about the Blu de Islands PTS GT3mk1 that went through the trade auction last week-bidding stopped at £40k.

I know there was the odd GT3 bargain back in the day but in reality a decent 996 was circa £40k+/- and 997 £60k+/-, if you'd bought a good car now to enjoy for a couple of years and it had fallen back to those prices-would it really bother you that much?

Buy well and you wouldn't be doing much more than consumables depending on use/luck, I don't think losing £20k on a Porsche is the end of the world.
That blue one is odd.

There’re a few old threads on 911uk about that car, there were a couple of issues but it wouldn’t scare me off of it (with a PPI from one of the well known GT3 specialists of course, given the history).

It’s ‘one of one’ in a great colour, yet not sold for 18+ months (at £64-67k)?

You can’t really say it’s overpriced at £60k-ish because quite a few PHers have bought 6GT3s for around the same price in the last twelve months, with some paid even more for the super low mileage ones.

SignalGruen

630 posts

200 months

Thursday 14th February 2019
quotequote all
BrotherMouzone said:
LaurasOtherHalf said:
Maybe, who knows though? I posted on the 996 thread about the Blu de Islands PTS GT3mk1 that went through the trade auction last week-bidding stopped at £40k.

I know there was the odd GT3 bargain back in the day but in reality a decent 996 was circa £40k+/- and 997 £60k+/-, if you'd bought a good car now to enjoy for a couple of years and it had fallen back to those prices-would it really bother you that much?

Buy well and you wouldn't be doing much more than consumables depending on use/luck, I don't think losing £20k on a Porsche is the end of the world.
That blue one is odd.

There’re a few old threads on 911uk about that car, there were a couple of issues but it wouldn’t scare me off of it (with a PPI from one of the well known GT3 specialists of course, given the history).

It’s ‘one of one’ in a great colour, yet not sold for 18+ months (at £64-67k)?

You can’t really say it’s overpriced at £60k-ish because quite a few PHers have bought 6GT3s for around the same price in the last twelve months, with some paid even more for the super low mileage ones.
Was offered that car about 6 months ago for just under £60k - I was going to view it with the intention of trying to acquire it for low 50's but I got sidetracked for some reason. It seemed to be hanging around at the time, I'm surprised it hasn't sold to be honest.

Digga

40,321 posts

283 months

Thursday 14th February 2019
quotequote all
GT4RS said:
I notice JZM are starting to sell other brands, Mclaren, Ferrari etc. I assume this is due to low volumes of Porsche gt sales which their brand has grown from in the last 5 years.
Bit more to it perhaps. On of their salesmen, Rob left last year to McLaren at Hatfield.

McLaren dealers are notorious for not being the least bit interested in used stock... So there's a symbiotic opportunity there.

JZM also completed a showroom overhaul last autumn, just as the Brexit scares started to peak, so their stock was lower than normal.

LaurasOtherHalf

21,429 posts

196 months

Thursday 14th February 2019
quotequote all
BrotherMouzone said:
LaurasOtherHalf said:
Maybe, who knows though? I posted on the 996 thread about the Blu de Islands PTS GT3mk1 that went through the trade auction last week-bidding stopped at £40k.

I know there was the odd GT3 bargain back in the day but in reality a decent 996 was circa £40k+/- and 997 £60k+/-, if you'd bought a good car now to enjoy for a couple of years and it had fallen back to those prices-would it really bother you that much?

Buy well and you wouldn't be doing much more than consumables depending on use/luck, I don't think losing £20k on a Porsche is the end of the world.
That blue one is odd.

There’re a few old threads on 911uk about that car, there were a couple of issues but it wouldn’t scare me off of it (with a PPI from one of the well known GT3 specialists of course, given the history).

It’s ‘one of one’ in a great colour, yet not sold for 18+ months (at £64-67k)?

You can’t really say it’s overpriced at £60k-ish because quite a few PHers have bought 6GT3s for around the same price in the last twelve months, with some paid even more for the super low mileage ones.
I personally did the inspection on it when it came up in 2010 or so, before MCP got it and it spent years being for sale off and on (usually around £5-10k above what the market value was, hence never selling).

It wasn’t a bad car back then but probably was in Demon’s mythical £10k refresh zone.




SignalGruen said:
Was offered that car about 6 months ago for just under £60k - I was going to view it with the intention of trying to acquire it for low 50's but I got sidetracked for some reason. It seemed to be hanging around at the time, I'm surprised it hasn't sold to be honest.
I haven’t seen it for years obviously but I’d be interested to, I often wonder what was done to it as it’s price increases scratchchin

In the wider descussiin of this thread however I mention it as it’s impiracal evidence of what dealers are bidding on these cars as the proof is there.



So if you’re dealer says we’ll give you £40k cash or, if you sit it in that corner over there we might be able to get you £55k which are you going to take?

SignalGruen

630 posts

200 months

Thursday 14th February 2019
quotequote all
LaurasOtherHalf said:
I haven’t seen it for years obviously but I’d be interested to, I often wonder what was done to it as it’s price increases scratchchin
Funnily enough I was also speaking to the owner circa 2010 when it was up in Scotland - was priced around £35k I think. Conversed with the owner via email but then he decided to keep it and withdrew it from sale. If you're interested, assuming it hasn't changed hands since last June, I can put you in touch with someone who knows the owner.

Porsche911R

21,146 posts

265 months

Thursday 14th February 2019
quotequote all
GT4RS said:
I notice JZM are starting to sell other brands, Mclaren, Ferrari etc. I assume this is due to low volumes of Porsche gt sales which their brand has grown from in the last 5 years.
JZM GT stock is just crazy over priced, no ones going to buy at JZM prices, maybe they hit their year targets have no need to sell anything and will drop come April so the cars might then look good value.

because a few months back the values were ok ish.

the 991.2 still selling though. the rest must all be SOR as the prices are laughable atm.

as for 997.1 GT's no ones buying these either anywhere, they are not £90k cars ! and JZM had 2 997.2 GT for well over 12 months then add 2 more at even high prices ! higher than even Hexagon !!!

looks like free winter storage to me lol