Best value GT3 on the market?

Rick Brooklyn · 03:34 AM

I'm not in the market for a GT3 (I wish!), but I've been passively reading the ads on Rennlist and PCA, and it never ceases to amaze me how much money people are asking for cars that have been modded and tracked to within an inch of their lives.

By comparison, if this car's been treated as gently as the ad implies, it looks like a very good deal, what do you think.

https://www.pca.org/classified-ad/310961

NYNick · NYNick's Garage

This brings up a question I've been asking myself. If I wanted a GT3, and got rid of my 2009TT, could I do a straight trade dollar wise? This car is the only one so far that possibly meets those requirements.

I find it hard to swallow that a 2007 GT3 is worth more than my 2009 TT with 18k. The MSRP on my car was $154K, well north of the GT3's I'm sure.

Geez.

Rick Brooklyn · 10-27-2015, 04:30 AM

I've seen a few in the 60s, but they had lived a very intense life.

Farrell · 10-27-2015, 06:31 AM

^^ 997 GT3's for $60k?! I've seen a 996 at $56k but that is the cheapest one I've seen. a couple 996 GT3's in the $60's I've seen

NYNick · NYNick's Garage

Oh and hello boys, Rick's got a new addition to his signature!

G450X · G450X's Garage

That price looks to be be fair in today's market, as long as those 39k miles are not track miles. It sounds like it was street driven, but the ad is a little cryptic on the history - did he buy it used (and at what mileage) to be street driven or new?

I still have a used GT3 on my bucket list, but the wacky used GT3 market makes me sick. I thought I was fairly safe with a $75k used GT3 budget a few years ago before this latest run-up, but now I'm not sure what that will buy!

I can't stand the looks of the 996 (inside or outside), so it's out - no matter how good a driver it is, I just can't get past the looks.

I thought I might be able to afford (with normal depreciation of course) a 997.2 GT3, but with the new GT3's PDK only status (which instantly cemented the manual only 997 GT3 series as an instant classic) that's clearly not probable!

I just hope Porsche will introduce a new manual GT3 for those who enjoy the driving interaction rather than those who just want to shave a few tenths off their lap times - this might ease 997 GT3 market demand and give me hope!

Matt Monson · 10-27-2015, 07:04 AM

G450X,

Have you seen the articles on the new 911R?

Part of what you guys are fighting against is a bunch of us would want a GT3 specifically for track use. As such many don't look at a track prepped and used car as a major ding against it like they do on air cooled cars. Service history and care mean a lot to a buyer in this market and the waxers looking for a pristine never tracked car get left out in the cold.

These are very robust cars. They get hammered on the track and cone away glowing. One really should not dismiss a car with a track history. You just want a clear honest history of what that really meant.

Rick Brooklyn · 10-27-2015, 07:12 AM

Quote:

Originally Posted by Farrell

^^ 997 GT3's for $60k?! I've seen a 996 at $56k but that is the cheapest one I've seen. a couple 996 GT3's in the $60's I've seen

Sorry I meant 996s

Rick Brooklyn · 10-27-2015, 07:17 AM

Quote:

Originally Posted by Matt Monson

One really should not dismiss a car with a track history. You just want a clear honest history of what that really meant.

Agree, I wouldn't dismiss. But other things being equal, I'd take a well mantained and documented GT3 with all highway miles over a well maintained and documented one that's been four wheels off the black part of the track, through gravel pits etc...

MrAlien · 10-27-2015, 07:36 AM

I have always thought that GT3s are priced higher because there are so few in the market... lets face it on the street the turbo is a better car, the GT3 only out shines the turbo on the track. The GT3 was built for the track, but it is a little ironic that so many GT3s that come to market have never actually been to the track according to their owners.

Fubawu · 10-27-2015, 08:43 AM

I can understand wanting to find a virgin GT3, what I can't understand is wanting one to use on the street? I currently have a 997.1 GT3, Until I got this car I didn't see much point to using a street car on the track. I would always use a purpose built race car. That being said the GT3 changed that for me after one day. I still enjoy the race cars the most but ease of use with the GT3 is a added bonus. i.e no trailer needed

-Limited production is making the car sky rocket
-The fact it is manual and the 991 has increased value.

You really can't compare the Turbo and the GT3. Two very different cars.

NYNick · NYNick's Garage

No one would think to compare the TT to the GT3, except me and their prices versus each other.
And to be fair, Porsche has always made cars that can be driven to and from the track.

Matt Monson · 10-27-2015, 09:03 AM

Quote:

Originally Posted by Fubawu

I can understand wanting to find a virgin GT3, what I can't understand is wanting one to use on the street? I currently have a 997.1 GT3, Until I got this car I didn't see much point to using a street car on the track. I would always use a purpose built race car. That being said the GT3 changed that for me after one day. I still enjoy the race cars the most but ease of use with the GT3 is a added bonus. i.e no trailer needed

-Limited production is making the car sky rocket
-The fact it is manual and the 991 has increased value.

You really can't compare the Turbo and the GT3. Two very different cars.

Totally agree. If I buy another water pumper in the future it will just be a 996 Carrera or a Boxster to drive around. I was interested in a GT3 for a track car and appreciate the drive to and from piece of it. If I hadn't gotten such a good deal on the project '05 Supercup I picked up, I don't think I would have bought a race car. I would have bought a street GT3.

G450X · G450X's Garage

Hey Matt - I missed the 911R somehow, it looks like the ticket, but weeding through the web threads yielded several disturbing hints of limited availability (600 worldwide??) and pricing ("steep increase").

I guess my hope is that the 911R will reduce 997 GT3 demand for a short time and I can snatch a decent 997 GT3!

I will not automatically "dismiss" a GT3 due to track work, but the thought of someone pounding it to the red-line for hours on end gives me indigestion.

I think when I'm finally ready for my ultimate fantasy ride (5 years or so?), something will be available in my price range (by then $100k?) or I will have to up my ante to park one in my garage and sell a few other toys to make room.

On the other hand, the new manual only Mustang GT350R looks to be very interesting as a low cost substitute...

Rick Brooklyn · 10-27-2015, 09:50 AM

Quote:

Originally Posted by G450X

Hey Matt - I missed the 911R somehow, it looks like the ticket, but weeding through the web threads yielded several disturbing hints of limited availability (600 worldwide??) and pricing ("steep increase").

All already spoken for. Snatched by the 918 owners, who had first dibs.

Quote:

I guess my hope is that the 911R will reduce 997 GT3 demand for a short time and I can snatch a decent 997 GT3!

I would expect close to zero substitution effect between the two.

Quote:

On the other hand, the new manual only Mustang GT350R looks to be very interesting as a low cost substitute...

Yup. Which is why yours truly has one on order

(straight 350 though, couldn't get an R).

Matt Monson · 10-27-2015, 09:55 AM

I think it will relax 997 gt3 demand some. I would t want to try to buy one of those 991Rs, but I bet some 997s come to market both because of that car and the gt4.

KNS · 10:15 AM

Quote:

Originally Posted by Rick Brooklyn

All already spoken for. Snatched by the 918 owners, who had first dibs.

Pretty crappy way to market cars (to enthusiasts). I can understand showing some appreciation to your 918 buyers but to automatically exclude the true enthusiast, the guys who will actually track them rather than squirrel away in a collection.

Porsche only sees the dollar signs on the 991R.

As someone mentioned over on Rennlist, Porsche is becoming like Ferrari: it's who you know to get your name on a list to acquire a car.

Matt Monson · 10-27-2015, 10:18 AM

I keep seeing the internet sour grapes that the 918 guys bought them all, but haven't seen anything that suggests it actually happened. People were logding the same complaints about GT4 allocations and very few actually went to 918 owners.

Fubawu · 10-27-2015, 10:28 AM

Quote:

Originally Posted by NYNick

No one would think to compare the TT to the GT3, except me and their prices versus each other.
And to be fair, Porsche has always made cars that can be driven to and from the track.

You missed my point Nick driving a car to and from the track doesn't make it the best option on the track. i.e Turbo vs GT3.

Rick Brooklyn · 10-27-2015, 10:36 AM

Quote:

Originally Posted by Matt Monson

I keep seeing the internet sour grapes that the 918 guys bought them all, but haven't seen anything that suggests it actually happened. People were logding the same complaints about GT4 allocations and very few actually went to 918 owners.

Fwiw, a salesman at a local dealer told me that. They are getting four, all already pre-sold. Also I believe the R numbers are much lower than the GT4s.