Any interest in a real 2002 996 GT2? A bank in Ohio reposessed this with 19K miles...

[Dottore]

Originally Posted by kaisen

It's relatively intrinsic

Ha ha!

I'm going to remember that line.

"Honey, it's relatively intrinsic".

[kaisen]

Intrinsic Value: The actual value of an asset, as opposed to its market price or book value.

And yes, you'd determine that relative to, say, what you'd have to pay for a 996TT or some other more common vehicle that's easier to assign a value.

It has to be "what it's worth to YOU"....not what the book says. There is no data.

[winders]

It's still a 996........that fact alone will hurt future value tremendously.

Scott

[onewhippedpuppy]

Originally Posted by winders

It's still a 996........that fact alone will hurt future value tremendously.

Scott

It's twice the car than a 993TT for the same price. I'd be ok with the air cooled snobs looking down their nose at me.

[Jim Bremner]

I've been out for a drive in one of these cars. Yes to the $190k price tag. It's a frickin animal.

[willtel]

Originally Posted by kaisen

Roll your eyes all you want but the fact remains that there was some de-contenting going on in the creation of the model. That was my point.

I'll go ahead and concede now because I know you have never been wrong about anything and never will be in the future. Even though I still think the x50 turbos and intercoolers are the same as a GT2.

[winders]

Originally Posted by winders

It's still a 996........that fact alone will hurt future value tremendously.

Scott

Originally Posted by onewhippedpuppy

It's twice the car than a 993TT for the same price. I'd be ok with the air cooled snobs looking down their nose at me.

I'd rather have a 993 Turbo or a 997 Turbo. I am not an air-cooled snob. There is a 997 in my garage. The 996 will always be a red-headed step child.

Scott

[porsche4life]

But it's a bloody fast red headed step child!!!!

[kaisen]

Originally Posted by winders

It's still a 996........that fact alone will hurt future value tremendously.

Scott

In the late eighties and early nineties longhoods were considered to be undesirable

Then, later, SCs were undesirable....

These things run in cycles

There will be a time when the high performance 996 variants will be the next longhood RS

Would you rather pay $50K for a 19K mile 475hp 3100 lb 2002 996GT2?

Or $180,000 for a 12K mile 425hp 3350 1997 993 Turbo S?

Porsche : 911 993 Twin Turbo S in Porsche | eBay Motors
And yes it actually SOLD for that!!

[kaisen]

Originally Posted by willtel

Roll your eyes all you want but the fact remains that there was some de-contenting going on in the creation of the model. That was my point.

I'll go ahead and concede now because I know you have never been wrong about anything and never will be in the future. Even though I still think the x50 turbos and intercoolers are the same as a GT2.

The GT2 uses the same K24 turbos and intercoolers and manifolds and exhaust as the X50.

That still doesn't address the gearbox, suspension, aero, cooling, or additional power of the GT2

I can't believe you'd even debate it

[winders]

Come on, kaisen, that's bull. The only long hoods that were undesirable where the '74 to '77 models. The '78 to '89 models have always been well liked. The 964 was not loved except for the RS America. They are more popular now because people like air that works.

The 996 is the most disliked 911 model of all time.......

Scott

[pwd72s]

Originally Posted by kaisen

In the late eighties and early nineties longhoods were considered to be undesirable

Then, later, SCs were undesirable....

These things run in cycles

There will be a time when the high performance 996 variants will be the next longhood RS

Would you rather pay $50K for a 19K mile 475hp 3100 lb 2002 996GT2?

Or $180,000 for a 12K mile 425hp 3350 1997 993 Turbo S?

Porsche : 911 993 Twin Turbo S in Porsche | eBay Motors
And yes it actually SOLD for that!!

For the sake of a friend who bought a GT2..I hope you're spot on here. He often emails thoughts of selling, simply because he can only use 10% of the car's potential on the roads. But right now, he'd take a HUGE depreciation hit. Even many P-car fanatics don't realize just how blindingly fast a GT2 is...

[pwd72s]

Originally Posted by winders

Come on, kaisen, that's bull. The only long hoods that were undesirable where the '74 to '77 models. The '78 to '89 models have always been well liked. The 964 was not loved except for the RS America. They are more popular now because people like air that works.

The 996 is the most disliked 911 model of all time.......

Scott

The 1974 and up bumpercars are NOT longhoods.

Also, Kaisen's right..until the 1995 Excellence article featurning my old 911S and another car. nobody really wanted them...market value was maybe 10-15K on my unmolested original paint example.

[RANDY P]

Originally Posted by winders

Come on, kaisen, that's bull. The only long hoods that were undesirable where the '74 to '77 models. The '78 to '89 models have always been well liked. The 964 was not loved except for the RS America. They are more popular now because people like air that works.

The 996 is the most disliked 911 model of all time.......

Scott

I dunno know about that- the mid-year cars aren't worth a whole hell of a lot still, especially if said mid year has your typical burned out pulled headstud smog laden 2.7 still installed.

The 996 has a lot of good qualities- it's not a roach and once they become cheap enough for the true Porsche geek there will be a resurgence. In fact, they may even become more popular in the sense the parts are inherently cheaper.



rjp

PS I'd have a problem paying $20K+ for an aircooled car that wasn't a nice, nice 993 or hair dried. For that kind of money there are better options.

[onewhippedpuppy]

I paid $4500 for my driver quality '70 911T in 2003. It had a small amount of minor rust but was a solid 10 footer, had a freshly rebuilt 901 gearbox, and a really strong 2.2 with Webers. Pretty sure you couldn't touch that car for much under $20k today. Longhoods have only recently boomed in value. Contrast that with the '74-'77 cars, where even a mint 911S will struggle to hit $20k. As the 996 continues to get older it will only get more popular with enthusiasts who recognize it for the sports car value that it is. For Carrera pricing (or less) you get vastly more performance in a package that you could drive daily.

[pwd72s]

Originally Posted by NotaBRG

I don't know about undesirable, but I only paid $7k for my '71T with an "S" motor (VIN verified) and Webers 12 years ago. It sure wasn't commanding the price of desirable at the time.

What do you think it'd be worth now?

When you talk price and longhoods, it's ALL about condition. Everything from a few thou to 200 thou, possibly beyond, depending on model and CONDITION!

But this thread is about the GT2...a car that is much faster than the GT3.

[winders]

Oops....brain fart....when kaisen put "undesirable" and "long hood" together, my brain automatically converted that to "short hood"!!

Long hoods where not undesirable in the '80's or '90's. Some models were more desirable than others and they certainly weren't worth what they are today. In the '80's and '90's I would have been happy to have a '72 or '73 S or E!!

Scott

[javadog]

SO, what's the story on the VIN?

JR

[89911]

Bottom feeder

[kaisen]

Originally Posted by javadog

SO, what's the story on the VIN?

JR

What story?