997.1 GT3 - 911 Virgin

997.1 GT3 - 911 Virgin

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Discussion

Porkerjag

103 posts

73 months

Monday 21st January
quotequote all
https://www.finn.no/car/used/ad.html?finnkode=1381...

Nice 2018 GT3 in Norway for £243,000.00

GT4RS

1,411 posts

135 months

Monday 21st January
quotequote all
Slippydiff said:
A quick look on mobile.de shows THE most expensive 8k miles CR at Euro 71,000, which I make £62.5k ....


Edited by Slippydiff on Monday 21st January 13:14
That's just plain daft!

GT4RS

1,411 posts

135 months

Monday 21st January
quotequote all
RC1 said:
RC1 said:
for those interested, there is a white CS about to hit PH privately for about 85
ad now live for 91.5. ive spoken to him previously and he's a top guy and the inspection report is very positive. just cant do white and cant do 90 for a .1 gt3
At 85k its big money privately for a 30k miles 997.1 gt3..... To list it at 91k he's taking one hell of a chance!

God loves a tryer.


Frrair

575 posts

72 months

Monday 21st January
quotequote all
GT4RS said:
RC1 said:
RC1 said:
for those interested, there is a white CS about to hit PH privately for about 85
ad now live for 91.5. ive spoken to him previously and he's a top guy and the inspection report is very positive. just cant do white and cant do 90 for a .1 gt3
At 85k its big money privately for a 30k miles 997.1 gt3..... To list it at 91k he's taking one hell of a chance!

God loves a tryer.
Perhaps he is telling his wife he is trying to sell it but with so little interest he may as well keep it, sounds worth £11.99 to me :-)

Frrair

575 posts

72 months

Monday 21st January
quotequote all
Reminds me of this.
Advertisement

GT4RS

1,411 posts

135 months

Monday 21st January
quotequote all
Frrair said:
GT4RS said:
RC1 said:
RC1 said:
for those interested, there is a white CS about to hit PH privately for about 85
ad now live for 91.5. ive spoken to him previously and he's a top guy and the inspection report is very positive. just cant do white and cant do 90 for a .1 gt3
At 85k its big money privately for a 30k miles 997.1 gt3..... To list it at 91k he's taking one hell of a chance!

God loves a tryer.
Perhaps he is telling his wife he is trying to sell it but with so little interest he may as well keep it, sounds worth £11.99 to me :-)
Never thought of that, my friends been doing the same with his yacht for years!

PJI

298 posts

144 months

Monday 21st January
quotequote all
GT4RS said:
RC1 said:
RC1 said:
for those interested, there is a white CS about to hit PH privately for about 85
ad now live for 91.5. ive spoken to him previously and he's a top guy and the inspection report is very positive. just cant do white and cant do 90 for a .1 gt3
At 85k its big money privately for a 30k miles 997.1 gt3..... To list it at 91k he's taking one hell of a chance!

God loves a tryer.
I think that this is my old car. If it is it is mint and you won't find a better one.

Ben Clark

5 posts

2 months

Monday 21st January
quotequote all
DappaD said:
I think 997.2 club sports will go down to circa 80k in the not too distant future...and other GT products will also fall quite a bit below where they currently are.

997.2 club sport are already circa 82k in LHD market......and before someone comments on that being a different market, go check a few examples similar spec/mileage cars such as 997.1 Carrera S (U.K) vs German LHD.......similar price, go check the next level up, 997.2 GTS (u.k) vs German LHD.......similar price, maybe slightly more expensive in Germany.

To show how crazy and overpriced GT3’s are here in the U.K, here is a great example.

On mobile.de there is a Black 997.1 GT3 club sport(LHD) advertised for €79990/£70574, where as EXACTLY the same car is currently advertised in the u.k for £8500 more at £79000.

Back in October this car was advertised at £69990, then dropped to £65990 in November.....then as it still hadn’t sold, the next logic step in December was.......to increase the price to £79000....To me this just highlights the overinflated prices here.

To me we are long overdue a correction here in the U.k on GT3’s and on current prices it looks like it’s at least circa 10k across all 997/991 GT3.
If sellers are serious about selling, prices need to drop back into line to at least those in Europe......only then do I see the numbers start to drop in line with cars coming to market

The ‘Track Season’ price adjustment didn’t happen last year (many of those vehicles are still for sale) and I don’t see it happening this year.

We have had the hi-tide regarding prices and I think there are already a few investors/chancers that have already been bitten regarding what they thought they can make on a 2nd hand GT product.

The sooner the correction comes, the sooner those enthusiasts currently priced out the market will be able to buy their new to them GT3 to drive as intended, as opposed to keeping them in garages trying to make money on them, which I think a lot of current owners have bought them for.
In my experience the residuals on the 991.1 GT3 have bitten quite hard in the last 18-24 months. I just think some sellers are just trying to recoup some hefty losses.
typically a 991 can loose as much as 1000GBP per month which is scary.

GT4RS

1,411 posts

135 months

Monday 21st January
quotequote all
I think £1000 per month is going be the norm for a little while. When I bought my last new 911.2 I bought expecting to loose around £800 to £1000 a month. As long as you bought it with your eyes open, used it and enjoyed it nothing is lost just memories gained.

It’s the ones who bought to make a profit or are to scared to use them due to adding mileage will end up loosing out.

Joehow

171 posts

53 months

Tuesday 22nd January
quotequote all
A vote for good dealers.

911Virgin - Tom just bought my 996.2 GT3 off me with cash my way and a very good Cayman R. Absolutely no messing, helpful and instant payment.

JZM - I have bought a few cars from them, they also bought my Cayman GTS from me at very strong money to help me get in a car. Michele in the servicing department is also unbelievably helpful and has dug me out of many a hole.

Paragon is my local dealer, very professional but very cold in my view.

Digga

26,071 posts

221 months

Tuesday 22nd January
quotequote all
PJI said:
GT4RS said:
RC1 said:
RC1 said:
for those interested, there is a white CS about to hit PH privately for about 85
ad now live for 91.5. ive spoken to him previously and he's a top guy and the inspection report is very positive. just cant do white and cant do 90 for a .1 gt3
At 85k its big money privately for a 30k miles 997.1 gt3..... To list it at 91k he's taking one hell of a chance!

God loves a tryer.
I think that this is my old car. If it is it is mint and you won't find a better one.
Yes, this one: https://www.pistonheads.com/classifieds/used-cars/...

He's not had it long. I saw it at the Shropshire Outlaw gathering meet in September last year. Definitely a tidy car, but strong money.

Personally, I see the 'crunch' point in GT3 prices being the 991.1 comfort spec cars, not least because of spec, but also genuine concerns about the engines. These and, to a lesser degree, the comfort spec 997.2 GT3's too are really not shifting. So prices must come down on these cars and that cannot but affect everything else, even if only to a minor degree.

Good stuff will always be good; I mean no GT3 is about to become irrelevant or unloved. They're all, compared to other cars in general, great, great cars, as long as they're good examples.

WindyM

358 posts

78 months

Tuesday 22nd January
quotequote all
Digga said:
PJI said:
GT4RS said:
RC1 said:
RC1 said:
for those interested, there is a white CS about to hit PH privately for about 85
ad now live for 91.5. ive spoken to him previously and he's a top guy and the inspection report is very positive. just cant do white and cant do 90 for a .1 gt3
At 85k its big money privately for a 30k miles 997.1 gt3..... To list it at 91k he's taking one hell of a chance!

God loves a tryer.
I think that this is my old car. If it is it is mint and you won't find a better one.
Yes, this one: https://www.pistonheads.com/classifieds/used-cars/...

He's not had it long. I saw it at the Shropshire Outlaw gathering meet in September last year. Definitely a tidy car, but strong money.

Personally, I see the 'crunch' point in GT3 prices being the 991.1 comfort spec cars, not least because of spec, but also genuine concerns about the engines. These and, to a lesser degree, the comfort spec 997.2 GT3's too are really not shifting. So prices must come down on these cars and that cannot but affect everything else, even if only to a minor degree.

Good stuff will always be good; I mean no GT3 is about to become irrelevant or unloved. They're all, compared to other cars in general, great, great cars, as long as they're good examples.
Whilst undoubtedly a nice example, it doesn't have leather dash (admittedly not so much a problem on a CS, but desirable nonetheless) but it does have front nose lift. As this wasn't a factory option on a Gen I, it must be an aftermarket version. Whilst I would love to have a front lift on my Gen I, to a purist, anything non-original like this often reduces value. No TPM or cruise either.

On the subject of Gen IIs, I'm not going to suggest a Gen I is better, of course not, but Gen IIs aren't for everyone. Centre-lock wheels are a challenge in terms of keeping them clean and switching wheels and tyres quickly at home, the power increase is only 5%, the lower polar moment of inertia (5cm) at the front, can be dialled into a Gen I with a good geometry set up, red-line up 100 RPM, PCM 3.0 is much nicer than PCM 2.1, but even when I had PCM 3.0, I still used Waze for navigation. My point being, I don't have Gen IIs miles apart from Gen Is.

Digga

26,071 posts

221 months

Tuesday 22nd January
quotequote all
PCM anything is a joke. The 2.1 in my 997.1 looks like some sort of Fisher Price kid's toy. And it works even worse than it looks. hehe



I've kept the old, st PCM head unit, to re-install (if) I ever sell the car, because I know that's what Porsche hairshirts will dictate, but having DAB, Nav and Bluetooth that all work is not optional for me, so I really like the Kenwood.

evodarren

309 posts

72 months

Tuesday 22nd January
quotequote all
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.

D.no

272 posts

150 months

Tuesday 22nd January
quotequote all
evodarren said:
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.
Good on you Darren.

Nice to hear.

Had more than enough reminders recently to just make the most out of every minute we have. Life can be a real bd. Cars, and their bloody values (and the colour of sodding stitching. Please!) mean absolutely nothing in the grand scale of things.

evodarren

309 posts

72 months

Tuesday 22nd January
quotequote all
D.no said:
evodarren said:
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.
Good on you Darren.

Nice to hear.

Had more than enough reminders recently to just make the most out of every minute we have. Life can be a real bd. Cars, and their bloody values (and the colour of sodding stitching. Please!) mean absolutely nothing in the grand scale of things.
Hi Dean
The gen 1 997 Gt3 has a great blend of power and handle for our roads the way they are now.

boxsey

3,287 posts

148 months

Tuesday 22nd January
quotequote all
evodarren said:
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.
Same here. Just drive and enjoy. Count the cost and smile about it later. So many threads now from people asking "should I buy now or wait....". It's their loss if they keep waiting.

Slippydiff

10,090 posts

161 months

Tuesday 22nd January
quotequote all
boxsey said:
evodarren said:
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.
Same here. Just drive and enjoy. Count the cost and smile about it later. So many threads now from people asking "should I buy now or wait....". It's their loss if they keep waiting.
A potential Cayman R owner whose name begins with R springs to mind Steve .... biggrin

Digga

26,071 posts

221 months

Wednesday 23rd January
quotequote all
boxsey said:
evodarren said:
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.
Same here. Just drive and enjoy. Count the cost and smile about it later. So many threads now from people asking "should I buy now or wait....". It's their loss if they keep waiting.
Totally agree and I will use man maths to prove it:

Suppose the value of a good, used 997.1 GT3 at a dealer dropped from the circa £80k it is now. Like really dropped to say £50k.

This price assumes you've been miserly with your use of the car, in the hope it will help future values, but suppose you'd just used the thing to the point it's worth half that, you've only 'lost' £25k.

Furthermore, the car's worth so little, there's barely any point in selling it - there's little value to release - so you might as well keep it, rag it, enjoy it and fix it up, like Trigger's broom. biggrin

evodarren

309 posts

72 months

Wednesday 23rd January
quotequote all
Digga said:
boxsey said:
evodarren said:
Have to admit. at my age im just going to drive my 997.1 GT3 and enjoy it. Had a few thing happen last year that s made me realize its not worth worrying about depreciation.
Same here. Just drive and enjoy. Count the cost and smile about it later. So many threads now from people asking "should I buy now or wait....". It's their loss if they keep waiting.
Totally agree and I will use man maths to prove it:

Suppose the value of a good, used 997.1 GT3 at a dealer dropped from the circa £80k it is now. Like really dropped to say £50k.

This price assumes you've been miserly with your use of the car, in the hope it will help future values, but suppose you'd just used the thing to the point it's worth half that, you've only 'lost' £25k.

Furthermore, the car's worth so little, there's barely any point in selling it - there's little value to release - so you might as well keep it, rag it, enjoy it and fix it up, like Trigger's broom. biggrin
I have to admit I was lucky enough to purchase mine in November 2012 when prices were different. But at that time I was expecting them to drop. So when I purchased my car I brought in to drive even though prices were falling.