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Join Date: May 2001
Location: Chester, NJ
Posts: 411
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Value of 2004 GT3 - Speed Yellow, 7K miles; no track; 1 owner

Guys:

I am thinking of selling my 2004 GT3. I bought it new when I lived in San Diego from a dealership in Dallas and drove it back to San Diego. The car has been only used for an occasional drive. It has never been tracked and is 100% original. It is in perfect condition and has only about 7,000 miles on it. It isn't even dirty underneath. No dings, no smoking, no scratches, no repairs, no wear on the interior -- the car really is in showroom condition. It still smells new. I own it outright -- no loan balance.

Currently, I am living in northern NJ (near Morristown) and really don't get to drive it at all around here. The car has barely seen rain (since the day I picked it up in Dallas!) and never any snow.

I would appreciate anybody's thoughts on a realistic price that I might consider selling it.

No dealers please.

Thanks in advance.

Rich
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2004 GT-3 Speed Yellow
1969 911E (2.7 liter)
1969 Z/28 (302 cid, 4 speed) but now gone to a friend
1990 BMW 325i (track car)
2001 BMW Z3 (gotta have a convertible in SD but what about NJ?)
Old 05-10-2010, 12:25 PM
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Join Date: Jan 2004
Location: Northern Virginia
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Sounds like a pretty nice example. I haven't followed GT3 prices lately, but I guess a pristine 6GT3 could be a $65-75K car? I know the "glut" of 997 GT3s may hurt your market a bit because many will think a 6GT3 should be worth less than a 7GT3.

Could always stop by highmarques near the (morisstown) courthouse and see what they think it might be worth.
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Old 05-10-2010, 01:24 PM
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It sounds fantastic...

I think the GT3 market is has stayed fairly strong (considering the economy). The limited build of the series helps.

I know the option list on these are limited, but does it have any options?

There was a good article in Excellence (996 vs 997 GT3) which actually put the 996 GT3 on top due to a more raw/visceral overall "feel."

The Boxster front end is the only detractor (IMHO) for these early GT3's, and they don't share the myriad of engine issues (mainly IMS/RMS failures) that the regular 996/997 series seem to have.

I'd guess a low of around $60k to the mid $60k's or so. I hope they depreciate more in the future (sorry), I'd love to pick up a GT3 if they ever depreciate to "commoner" status!

I just check on a few used '04 GT3's, and I think I undervalued your prisine example a bit. I'd say that yellow is a nice GT3 color (add a few thousand) and that the extremely low miles adds another few thousand. I'd ask $70k and get at least $65k. I looked at examples for $49k (29k miles), $51k (14k miles), $55k (24k miles), $59k (32K miles), $62k (23K miles), and $72k (20k miles). Your GT3 seems to easily better these and it's in an interesting color to boot.

Last edited by G450X; 05-10-2010 at 04:26 PM.. Reason: info on used '04 GT3's for sale added..
Old 05-10-2010, 01:58 PM
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Join Date: May 2001
Location: Chester, NJ
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Thanks for the input

Thank you guys for the input -- sorry for being so long in replying.

I was thinking about taking it over the shop in Morristown, but I would like to avoid dealers, especially here in NJ.

I would hate to sell it (heck I've hardly driven it!), but as they say in the business world "Cash Is King."

Rich
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2004 GT-3 Speed Yellow
1969 911E (2.7 liter)
1969 Z/28 (302 cid, 4 speed) but now gone to a friend
1990 BMW 325i (track car)
2001 BMW Z3 (gotta have a convertible in SD but what about NJ?)
Old 05-26-2010, 12:10 PM
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Join Date: Nov 2007
Location: Loverland, CO
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2004 Porsche GT-3 Coupe

There's a yellow one here in Denver at the Ferrari dealership. They've been trying to sell it at that price for more than a month now.
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Old 05-26-2010, 12:47 PM
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Quote:
Originally Posted by Matt Monson View Post
2004 Porsche GT-3 Coupe

There's a yellow one here in Denver at the Ferrari dealership. They've been trying to sell it at that price for more than a month now.
Too High........
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Old 05-27-2010, 01:07 PM
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Old 05-27-2010, 01:07 PM
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