GT3 Prices

[996AE]

eBay.com Item Bid History

ebay listing 2004 GT3

thoughts on non tracked 996 GT3 prices?

[Elombard]

Link not working for me.

But, I wish I could buy a high miles slightly beat on but nice GT3 for $35K. I thought prices were going there a few years ago but then they seem to have turned and I have not seen one under the mid 50s for some time.

bahhh ...I probably cant afford maintenance anyway.

[G450X]

I'm afraid that all 996, 997, and especially 997.2 GT3 prices are stabilizing way too early.

The engine problems and the lack of a real manual transmission in the 991 will cull a bunch of new GT3 owners. All the crap about "forget the Mezger" (with the new 991 GT3) has kinda stopped with the blown 991 GT3's.

I am bummed, I had my heart set on a nicely depreciated 997.2 GT3 when I retired - my 401K may not be able to keep up if the prices get much higher...

[oh snap]

Originally Posted by G450X

I'm afraid that all 996, 997, and especially 997.2 GT3 prices are stabilizing way too early.

The engine problems and the lack of a real manual transmission in the 991 will cull a bunch of new GT3 owners. All the crap about "forget the Mezger" (with the new 991 GT3) has kinda stopped with the blown 991 GT3's.

I am bummed, I had my heart set on a nicely depreciated 997.2 GT3 when I retired - my 401K may not be able to keep up if the prices get much higher...

I think that it mostly temporary as a result of the limited supply of new GT3s. Not to mention the Porsche market in general is pretty hot at the moment.

When the GT3 problems are solved and when a new RS debuts people will start to sell the 997s. The depreciation will be slowed/limited somewhat by the myth of the Mezger and by the manual transmission but in the end the kind of people who own these cars now usually gravitate towards newer and faster cars. The new 991 is almost as fast as the old GT3 so while its not as interesting of a car IMHO, for many a new 911 will be more attractive than maintaining an old GT3.

A lot will depend on what Porsche starts doing with new cars though. They have the 960 coming out in 3 or 4 years, turbo and hybrid technology might find its way into the GT3s and so on and so forth. Tough to say, ultimately though I think the prices will follow the 993s. Slow steady decline for 15 years or so and then tapering off before seeing some appreciation.

[speeder]

I have a buddy who just picked up an early, (2007), 997 GT3 for cheap. It's a little beat-up but I would have been on it like a hobo on a ham sandwich. He's going to put a roll cage in it and turn it into a real track weapon.

EDIT: I left out "GT3".

[rayng]

997s are cheap and a tremendous value. Get one as they are quite reliable and great daily drivers. Metzer blocks are raced by Porsche's Cup program until 2016, perhaps longer which means the new blocks are not proven. I'm not a fan of the DFI because of the probability of excess carbon in valves. So the bottom line for me is Metzgers or all 997.1s are more valuable to me because of they've proven to be reliable. The new motors are less so. While the new cars are more luxurious, I did not intend to buy a Porsche for luxury. I don't need 20 speakers, heated seats, or wood veneers.

[Elombard]

Ray, how does DFI contribute to carbon build up? I had not heard that before.

[KNS]

Originally Posted by rayng

997s are cheap and a tremendous value. Get one as they are quite reliable and great daily drivers. Metzer blocks are raced by Porsche's Cup program until 2016, perhaps longer which means the new blocks are not proven. I'm not a fan of the DFI because of the probability of excess carbon in valves. So the bottom line for me is Metzgers or all 997.1s are more valuable to me because of they've proven to be reliable. The new motors are less so. While the new cars are more luxurious, I did not intend to buy a Porsche for luxury. I don't need 20 speakers, heated seats, or wood veneers.

Sorry, I know I'm getting off the thread topic but I was looking at a 997.2 in a parking lot and noticed the tailpipes were very black and covered with "soot". Is this a DFI problem - do these things run really rich?

[speeder]

Originally Posted by Elombard

Ray, how does DFI contribute to carbon build up? I had not heard that before.

Google would probably yield lots of info on this. It's a known, long-time issue at this point.

[Matt Monson]

997s are cheap and a tremendous value. Get one as they are quite reliable and great daily drivers. Metzer blocks are raced by Porsche's Cup program until 2016, perhaps longer which means the new blocks are not proven. I'm not a fan of the DFI because of the probability of excess carbon in valves. So the bottom line for me is Metzgers or all 997.1s are more valuable to me because of they've proven to be reliable. The new motors are less so. While the new cars are more luxurious, I did not intend to buy a Porsche for luxury. I don't need 20 speakers, heated seats, or wood veneers.

There's no T in Mezger.

Saying they are unproven in Motorsports is not accurate. They've been racing in Continental Tire for 5 years with back to back GS class championships.

And a trio of DFI Caymans swept the 24 Hours of Daytona podium in GX in 2013. They also keep racking up class wins in the VLN, including the 24.

Lastly, Napleton built over 60 Interseries Caymans, all DFI.

It's a good engine design. It is reliable. It is mikes ahead of the M96/97 engines IMO. Pardon my blasphemy, but it might be as good as the Mezger.

I think 996 GT3s will hold value better over time than the 997 variants. It was a more stripped out bare bones driver's car. Just like I think in a few years a 2004 996,Cup will be worth about the same as a 2007-2008 997 Cup.

[tedg04]

Originally Posted by Elombard

Ray, how does DFI contribute to carbon build up? I had not heard that before.

To my understanding, non-dfi motors have a washing effect on valves because fuel atomized in the air charge helps clean off carbon buildup. Having the fuel directly injected into the combustion chamber (after the valves) removes this.

Why it is a problem in DFI sports car (gas) engines but not in diesels I don't understand, but maybe because of the different properties of the fuel.

ninja edit: whether or not the DFI engines cause extra carbon buildup on valves is pretty inconsequential in racing. They won't build up carbon fast enough they have to tear the motor down mid-season, and it will be torn down or replaced between seasons anyway. In most cases DFI makes more power and higher efficiency, so any race team would take that option if given it. What works for racing doesn't always work for street cars (but GT3's are designed for the track, right?). [FWIW, I wouldn't hesitate to get a DFI 911. In a commuter car like a GTI 2.0T, maybe, but a 911 won't get enough miles in my use that the carbon buildup would be an issue.]

[Elombard]

Interesting, I wondered if that was it but I thought...naaah that's too easy, today's fuels don't build up like that. Apparently they do.

By the time I could afford one any problems will be well documented and a solution developed anyway. I wonder if something like the chemical injection thing they do in the air injection ports on 993s to clean out the carbon could work.

[G450X]

Originally Posted by oh snap

I think that it mostly temporary as a result of the limited supply of new GT3s. Not to mention the Porsche market in general is pretty hot at the moment.

When the GT3 problems are solved and when a new RS debuts people will start to sell the 997s. The depreciation will be slowed/limited somewhat by the myth of the Mezger and by the manual transmission but in the end the kind of people who own these cars now usually gravitate towards newer and faster cars. The new 991 is almost as fast as the old GT3 so while its not as interesting of a car IMHO, for many a new 911 will be more attractive than maintaining an old GT3.

A lot will depend on what Porsche starts doing with new cars though. They have the 960 coming out in 3 or 4 years, turbo and hybrid technology might find its way into the GT3s and so on and so forth. Tough to say, ultimately though I think the prices will follow the 993s. Slow steady decline for 15 years or so and then tapering off before seeing some appreciation.

I sure hope your prediction comes true. I'd love to have a decent "depreciated out" 997.2 GT3 when I plan to retire.

The feedback I've gotten from almost all of the "paddle shifter guys & gals" I know is that after driving these new high tech paddle shifter type vehicles for a while, they become somewhat boring. They are great on the track for saving time on shifts, but not as engaging & fun on the road.

The old manual GT3's will keep you honest and make you earn their respect - a little work in the driver's seat correctly synchronizing shifts is very satisfying...

[996AE]

keep me posted if anyone sees a west coast 996 gt3 for sale.

thanks,

[Elombard]

If I could be in the market for a GT3 I would post a feeler on the Rennlist GT3 forum. I think some of them are changing hands without officially going up for sale.

[mplatt911]

Thinking of selling my 996gt3. Some track mods. Second owner. 55k miles. Well maintained . On east coast....north. Looking to start at $59k. Sound about right?

[Elombard]

Based on what I am seeing for asking $ I think that is right. It will be interesting to see if it moves at that price with those miles. I think it will. There was a yellow fairly track prepped one that did not sell for quite a while for some reason, seemed like it was priced about right (low $60s IIRC), maybe it was the color.

[mplatt911]

Interest levels on mine for a nicely kept well documented car has been minimal at $59k. Thinking of putting stock wheels and exhaust back on. Removing Tequipment stainless bar also. I can then sell all the aftermarket stuff for a couple grand at least. Car will then be stock appearance, which may help. I have not see one sell for under $54k so I can't see going below that. I did get a dealer offer of $35k, nuts!

[Elombard]

Interesting, I have noticed in the last weeks a couple of 997.1 GT3s that were low 70s maybe even one in the high 60s? Maybe that is effecting the market?

Yeah $35K he was going to drive that himself.

I have noticed more 997 gt3s on the market lately of all genre's, perhaps its the heat of summer and less interest in the track temporarily.

The 2010, 2011 GT3s asking prices seem huge to me $110-$120K, perhaps they are worth it?

Fun to think about and dream about $35K GT3s :-)

[Macroni]

GT3 pricing started rising when Porsche announced PDK only for the new one..... I think once they hit the market w/ the 991RS the prices will begin to decline again.