Tempted by the cat d red 997gt3 in classifieds
Tempted by the cat d red 997gt3 in classifieds
Author
Discussion

rash m

Original Poster:

168 posts

203 months

Wednesday 21st August 2013
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Car has been dropped to 40k from 45k is it worth getting a inspection and going ahead with view to buy it.
Advice needed please?.

m33ufo

4,959 posts

260 months

Wednesday 21st August 2013
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Well...it only needed a front and rear bumber rolleyes

lotus211

2,961 posts

214 months

Wednesday 21st August 2013
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unusual to see a gt3 with a sunroof no?

Crimp a Length!

5,697 posts

252 months

Wednesday 21st August 2013
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I was tempted by this car i have to say.
The advert reads well and appears to be honest.

Price aside its still been written off & though relative re the values (buy cheap-sell cheap) it would always be in the back of my mind that its a write off at the end of the day.
You pays your money and take the chances as they say.

Been on a while though now i think

MadMark981

1,755 posts

178 months

Wednesday 21st August 2013
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Many GT3 have had accident damage repairs done, but there is a huge difference between a "wash and brush up" done by a "Porsche Technician" and the OPC doing a "money no object" repair! The latter I might consider, the former I would reject out of hand ....

Terminator X

20,587 posts

233 months

Wednesday 21st August 2013
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m33ufo said:
Well...it only needed a front and rear bumber rolleyes
Surprised it was even that, most Cat D's just had a scuffed bumper ...

TX.

Edit - just noticed your spelling there rofl

monthefish

20,467 posts

260 months

Wednesday 21st August 2013
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lotus211 said:
unusual to see a gt3 with a sunroof no?
That's what I thought.



I've nothing against CatD's in general, provided they're priced right, but as 997 GT3's with similar milage seem to be £50k-ish (e.g. lovely black clubsport with 18k miles for £51,900), I'd say £45k was too much in the first place, so this 'reduction' to £40k is really just pricing it where it should have been in the first place, and therefore does not make it a bargain.

For me, I'd be scrimping (and living off beans on toast if I had to), just to get me into the black one, but then again, if you've got £40k max to play with, and it's a keeper(?) perhaps it might be a reasonable buy at £40k.

m33ufo

4,959 posts

260 months

Wednesday 21st August 2013
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If Porsche were quoting £30K but it was repaired for £6K after being declared as CatD I'd be quite concerned over what wasn't addressed. Not for me.

rash m

Original Poster:

168 posts

203 months

Wednesday 21st August 2013
quotequote all
Hi would keep it a for a year and would try to sell for 35 to 37k that would be the plan, I guess it never works that way .
Which Porsche specialist around kent would be the best to have it inspected by?

BertBert

21,262 posts

240 months

Wednesday 21st August 2013
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I have owned Cat D and I only thought about it the day I bought it and the day I sold it. You can get it inspected by Autolign which tells you what was done and gets it from being "Cat D" to "Cat Inspected". It doesn't remove the cat D stigma entirely, but gives you and a future buyer an understanding of whether the car is good or not.

If it is a good car and checks out, the only thing left is the economics. It has to be the right price to buy, own and sell. I think it looks a great car. If it checks out and the price can be moved into the late 30's it would start to look very attractive. 10k miles!

Bert

DiscoColin

3,328 posts

243 months

Wednesday 21st August 2013
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m33ufo said:
If Porsche were quoting £30K but it was repaired for £6K after being declared as CatD I'd be quite concerned over what wasn't addressed. Not for me.
I kind of agree with where you are coming from, but do consider that Porsche body shops will cut out whole quarter panels and replace when the panel could actually have been pulled and resolved by a skilled man with the right hammer. Porsche also work to a 3 figure labour rate which can always be beaten by a smaller bodyshop. Further - the insurance repair valuation may include a suitable luxury car rental for the repair duration which can jack up the price ever further. So while your point is sound it must be considered that cost to an insurer to get to their write-off threshold may be significantly different to what a competent and sound repair can be done for. Knowing exactly what it was like before they started fixing it is the information that you need to appraise that though and it is often not forthcoming as there is an obvious incentive to misrepresent it.

pete a

3,799 posts

213 months

Wednesday 21st August 2013
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lotus211 said:
unusual to see a gt3 with a sunroof no?
I have a red gt3 with a sunroof as well, that advert made me look closely when I first saw it, mine is full touring spec with adaptive sports seats, leather dash, nav, cruise, leather steering wheel, it's even got a Gt3 umbrella!

I just need to find the time to do some bloody touring now.

pauljmcnulty

850 posts

268 months

Wednesday 21st August 2013
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rash m said:
Hi would keep it a for a year and would try to sell for 35 to 37k that would be the plan, I guess it never works that way .
So, you'd try to sell it after a year? At which point it would stick in the ads for ages and be discussed at length on the forums.....confused

I can understand buying an undervalued, properly repaired, car as a keeper. Selling it will always be a nightmare, even more so if you're seen as offloading it soon after buying. I think you'd have a real problem there: a year is just long enough for potential buyers to think you've whacked it in for an annual service, found a load of problems, and are looking to sell it fast.

lotus211

2,961 posts

214 months

Wednesday 21st August 2013
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The obvious things don't add up. Who writes off a 50k car for those listed repairs ? I'm not saying the seller is lying but simple economics mean you pay 50 or 30???

rash m

Original Poster:

168 posts

203 months

Wednesday 21st August 2013
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why i say i will keep it a year is i have got bored of my last 2 cars which were 997 turbo`s.
Of one i kept 2 months the other 9 months, may be the gt3 is a car i will not get bored of quickly.

pete a

3,799 posts

213 months

Wednesday 21st August 2013
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It's not an easy thing to get bored with.

pauljmcnulty

850 posts

268 months

Wednesday 21st August 2013
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rash m said:
why i say i will keep it a year is i have got bored of my last 2 cars which were 997 turbo`s.
Of one i kept 2 months the other 9 months, may be the gt3 is a car i will not get bored of quickly.
Fair enough, but I'd really hate to be selling a car with "history", that I'd only owned a short time. You'll be trying to sell a car that's a write-off, with the added stigma that you don't think it's worth keeping.

I'd say you'll be losing £10K over a single year on that car. Buying a good one you could turn it around for what you paid in a year's time.

mollytherocker

14,464 posts

238 months

Wednesday 21st August 2013
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Every Cat D ad says 'just bumpers'. its become a bit of a joke really.

Still, it doesnt mean its not worth a look. But really, its likely to have had a proper wack. Who knows how good the repair is or what evils lurk beneath.

And dont forget the mechanicals, engines are often over revved during shunts and even forced to turn in reverse.

Lots of care needed as usual.

djdubs

106 posts

189 months

Wednesday 21st August 2013
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I think if you tried hard enough you could find a slightly higher mileage car for sale privately, through a wanted advert etc for circa £45k so maybe nearer £35k is its mark.. At which point you may be able to buy a nice 996 that might even appreciate in value?

STiG911

1,210 posts

196 months

Thursday 22nd August 2013
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If you take the time to read the ad fully, you'll see that the car was written off due to the quote from the OPC to repair post-prang. I think the seller has been quite honest IMO. If I had the readies I'd be beating a path to his door at that price, plus, it does have an OPC warranty, so it's one independant inspection away from being a done deal smile