Where are all the 997.1 GT3s

Where are all the 997.1 GT3s

Author
Discussion

rrroro

395 posts

155 months

Thursday 22nd September 2022
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We need to start a new thread, what’s the most you’ve ‘lost’ on Porsches you didn’t buy biggrin

Da Original Whyayedee

408 posts

21 months

Thursday 22nd September 2022
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Porsches on the whole have done me well.... the ones I have bought. My 987 Cayman S I had for 2 years, did 15,000 miles in it and sold it for what I bought it for. My Macan S is about to get listed and I've done 2.5 years in that at 22,000 miles and its looking like that's going to cost me about 2 grand.

I'll buy a GT3 and they'll plummet, just watch.

Andyoz

2,887 posts

54 months

Thursday 22nd September 2022
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Da Original Whyayedee said:
I'll buy a GT3 and they'll plummet, just watch.
Don't let that thought stop you buying one. They're worth it smile

Actually, has anyone asked what part of the UK do you live and how busy are the roads. That is relevant here IMO

Edited by Andyoz on Thursday 22 September 16:30

Da Original Whyayedee

408 posts

21 months

Thursday 22nd September 2022
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It's not really a factor for me, whatever ends up in the garage next is going to be a keeper, I want to make sure of that. I am Bristol way, the right side of it though to be out of the city in 10 minutes and within 25 can be off into the hills of Wales.

ChrisW.

6,299 posts

255 months

Thursday 22nd September 2022
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Slippydiff said:
rrroro said:
julian987R said:
Slippydiff said:
964 RS £23k

993 RS £34k

22B £35K

996 GT2 at £35 (I bought that car) smile
930 Turbo £2K to £5K
My ‘one that got away’, was a 997.2 GT3 RS when they were down to 85k. Trade in on my car at the time was 50k and I thought an additional 35k for the RS would just be mental biscuits rotate
We’ve all done it !!
I’d sold my 964 RS to a mate (who still owns it) for £30K, I drove up to GMund to view a gloss black 964 Turbo S Leichtbau (the rare 3.3 litre version) which was up at £55K.

I “couldn’t see the value in it” so I bought an ex-Belgian 993 RS off a chap in Tonbridge for £34,500 instead ...

I’m guessing that Leichtbau would be worth at least £750K now ?
Wasn't that the ex-Tony Jacklin car ?

GMund had an amazing variety of cars at that time ... !

braddo

10,481 posts

188 months

Thursday 22nd September 2022
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Da Original Whyayedee said:
It's not really a factor for me, whatever ends up in the garage next is going to be a keeper, I want to make sure of that. I am Bristol way, the right side of it though to be out of the city in 10 minutes and within 25 can be off into the hills of Wales.
Sounds like just enough time to get it warmed up nicely for the fun roads.

I think they're no less usable on the roads than most 300hp/ton cars. I live in London and love having mine - it's perfect for high-tailing it down to country roads on an early weekend morning, or driving long distance to a track day (cruise control and aircon), and then providing an engaging drive when I get there. Obviously no-one is on the limit all the time on the roads, but on the right road at the right time you can get flashes of the car's full brilliance. To me that makes the road drives enjoyable (and makes me want to book a track day hehe ).

BlackGT3

1,445 posts

210 months

Thursday 22nd September 2022
quotequote all
ChrisW. said:
Slippydiff said:
rrroro said:
julian987R said:
Slippydiff said:
964 RS £23k

993 RS £34k

22B £35K

996 GT2 at £35 (I bought that car) smile
930 Turbo £2K to £5K
My ‘one that got away’, was a 997.2 GT3 RS when they were down to 85k. Trade in on my car at the time was 50k and I thought an additional 35k for the RS would just be mental biscuits rotate
We’ve all done it !!
I’d sold my 964 RS to a mate (who still owns it) for £30K, I drove up to GMund to view a gloss black 964 Turbo S Leichtbau (the rare 3.3 litre version) which was up at £55K.

I “couldn’t see the value in it” so I bought an ex-Belgian 993 RS off a chap in Tonbridge for £34,500 instead ...

I’m guessing that Leichtbau would be worth at least £750K now ?
Wasn't that the ex-Tony Jacklin car ?

GMund had an amazing variety of cars at that time ... !
I believe it was ex Nick Faldo. I was also intending to buy that car - went out for a test drive with Neil Primrose (when he was a partner in the business), called to place my deposit a couple of days later and they had sold it to a chap in Hong Kong.

When it arrived at Gmund, I recall the reg was A11 OUT

Rogere

66 posts

231 months

Thursday 22nd September 2022
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Slightly bending the topic, but I bought my first Porsche from Gmund. 996 GT3 Clubsport in Cobalt. I paid about £65K in 2006. Did 185000 miles in it and sold it to Virgin for not a lot in 2010!
Clicked through to find Gmund just for old times sake! Well, that’s a saga isn’t it. Didn’t see that coming.

shantybeater

1,193 posts

169 months

Thursday 22nd September 2022
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Slippydiff said:
964 RS £23k

993 RS £34k

22B £35K

996 GT2 at £35 (I bought that car) smile
Metallic green? I almost tried to stretch to it when I was looking for my 996T, wish I had.

I also remember a 997 GT2 sticking around at 70k for a long time when I sold my first flat (6 years ago?). Almost threw all my equity on that too..I would have been homeless...but I'm sure the carbon buckets would have provided a nice place to live.

Edited by shantybeater on Thursday 22 September 23:02

Slippydiff

14,830 posts

223 months

Thursday 22nd September 2022
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shantybeater said:
Metallic green? I almost tried to stretch to it when I was looking for my 996T, wish I had.

I also remember a 997 GT2 sticking around at 70k for a long time when I sold my first flat (6 years ago?). Almost threw all my equity on that too..I would have been homeless...but I'm sure the carbon buckets would have provided a nice place to live.
It was a Basalt black example. 68K miles, a truly brilliant car.

Slippydiff

14,830 posts

223 months

Thursday 22nd September 2022
quotequote all
BlackGT3 said:
I believe it was ex Nick Faldo. I was also intending to buy that car - went out for a test drive with Neil Primrose (when he was a partner in the business), called to place my deposit a couple of days later and they had sold it to a chap in Hong Kong.

When it arrived at Gmund, I recall the reg was A11 OUT
I knew it belonged to a famous golfer !! I thought it was Faldo (someone said his wife had taken a golf bat to it along with his 959) but that wasn’t the case, but now Chris has said Tony Jacklin, it’s got me wondering ...


Edited by Slippydiff on Thursday 22 September 23:12

Slippydiff

14,830 posts

223 months

Thursday 22nd September 2022
quotequote all
Rogere said:
Slightly bending the topic, but I bought my first Porsche from Gmund. 996 GT3 Clubsport in Cobalt. I paid about £65K in 2006. Did 185000 miles in it and sold it to Virgin for not a lot in 2010!
Clicked through to find Gmund just for old times sake! Well, that’s a saga isn’t it. Didn’t see that coming.
I found Andrew a pleasure to deal with, and said the same on 911Uk, my comments weren’t well received ... punch

ChrisW.

6,299 posts

255 months

Friday 23rd September 2022
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Andrew was (and hopefully still is) the most knowledgeable person I came across on the classic car side, has a good back story and owned his mint green 964RS for a very long time ... so he can't be all bad ?

I used to drop in for a cuppa and chat about the state of the car universe ... always informative and often tempting. But businesses have a timescale and who knows what really went wrong ?

He even had a very nice 968 Turbo S towards the end, very original in yellow.

Regards to Nick Faldo / Tony Jacklin ... I am hopeless with names so don't fret too much smile

Digga

40,321 posts

283 months

Friday 23rd September 2022
quotequote all
ChrisW. said:
Regards to Nick Faldo / Tony Jacklin ... I am hopeless with names so don't fret too much smile
For safety reasons and avoidance of future confusion, let's just say Geoff Capes.

D.no

706 posts

212 months

Friday 23rd September 2022
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BlackGT3 said:
I believe it was ex Nick Faldo. I was also intending to buy that car - went out for a test drive with Neil Primrose (when he was a partner in the business), called to place my deposit a couple of days later and they had sold it to a chap in Hong Kong.

When it arrived at Gmund, I recall the reg was A11 OUT
http://www.964uk.com/Gallery/TurboS/964turboSblack04.jpg


Slippydiff

14,830 posts

223 months

Friday 23rd September 2022
quotequote all
D.no said:
BlackGT3 said:
I believe it was ex Nick Faldo. I was also intending to buy that car - went out for a test drive with Neil Primrose (when he was a partner in the business), called to place my deposit a couple of days later and they had sold it to a chap in Hong Kong.

When it arrived at Gmund, I recall the reg was A11 OUT
http://www.964uk.com/Gallery/TurboS/964turboSblack04.jpg
It was a pretty cool piece of kit.
The one stand out thing I remember about the bodywork, was you could see the carbon/Kevlar weave of the bonnet through the paint under the showroom lights.

Edited by Slippydiff on Friday 23 September 20:19

Slippydiff

14,830 posts

223 months

Friday 23rd September 2022
quotequote all
Digga said:
ChrisW. said:
Regards to Nick Faldo / Tony Jacklin ... I am hopeless with names so don't fret too much smile
For safety reasons and avoidance of future confusion, let's just say Geoff Capes.
It definitely wasn’t him ... silly

IbanezDan

260 posts

57 months

Sunday 25th September 2022
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ellesmereFNC said:
It was a bit much when originally on at over £95k so dismissed it as no dual xenon and chrono but mostly its a heck of a long camel ride from where I am...wouldn't just pop up for a test drive
New one with Porsche - black comfort with pccb and yellow belts, nice contrast…

https://finder.porsche.com/gb/en-GB/details/porsch...

Slippydiff

14,830 posts

223 months

Monday 26th September 2022
quotequote all
ChrisW. said:
Andrew was (and hopefully still is) the most knowledgeable person I came across on the classic car side, has a good back story and owned his mint green 964RS for a very long time ... so he can't be all bad ?

I used to drop in for a cuppa and chat about the state of the car universe ... always informative and often tempting. But businesses have a timescale and who knows what really went wrong ?

He even had a very nice 968 Turbo S towards the end, very original in yellow.

Regards to Nick Faldo / Tony Jacklin ... I am hopeless with names so don't fret too much smile
He had a very wealthy individual who backed him for many years, unfortunately he fell ill and I think passed away. If you followed Gmund’s adverts the quality/price of their stock fell off a cliff in a short space of time. A classic liquidity crisis that Andrew struggled to address.

I dealt with him on three occasions, the purchase of a 964 C2, the sale of a Gen 1 997 GT3, and the sale of a a 996 GT2, both the latter on SOR. The GT2 SOR deal in 2010 hadn’t found a buyer after 6 months, so I had the car back and sold it to/through 911 Virgin.
Andrew was open, honest and a real pleasure to deal with on all three occasions.
Clearly something happened that saw him go to the dark side, and in the worst possible way. A real shame for those he de-frauded, and an even bigger shame that he thought his behaviour acceptable.


ChrisW.

6,299 posts

255 months

Monday 26th September 2022
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I think in the good times profit comes quite easily ... particularly when prices rise whilst cars sit in stock.

It's very easy to take on costs which are covered first by the profit from sales ... and then from cash flow ... and then from customers cash flow in the form of late payment for SOR sales made ...

The problem is, once it starts going bad the temptation is to work harder to dig yourself out, but sometimes unless you can shed the costs that are dragging you down, no matter how hard you work, without luck the only way is down and in the end, for a lot !

This used to happen to depth divers in the Swiss lakes ... they would reach a point where the compression became so great that they simply lost their buoyancy and kept on down to the bottom for as long as their oxygen lasted / they could breathe.

The challenge of long leases / dilapidations / redundancy payments / .... it costs a lot less to go bust and you don't need to clear-up.