Sepand Posted 19November, 2022 Report Share Posted 19November, 2022 On 18/11/2022 at 19:19, Carrera86 said: Any thoughts on the 997 GT3 market ? overpriced at the moment ? seems you have to pay over $200k now A lot of the sellers on Carsales will let the cars now go for 250-260k based on my enquiries. Still a pretty decent premium compared to pre Covid. I haven’t seen many move at high 200s Carrera86 1 Quote Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 21November, 2022 Report Share Posted 21November, 2022 This may provide some direction as to current pricing: https://www.manheim.com.au/passenger-vehicles/000000000006555453/2010-porsche-911--997--gt3-2d-coupé?referringPage=AuctionListing&saleid=NPBN104 Clubsport with full service history by the look of it. SS 3 1 Quote Link to comment Share on other sites More sharing options...
JWM Posted 21November, 2022 Report Share Posted 21November, 2022 6 hours ago, TwoHeadsTas said: This may provide some direction as to current pricing: https://www.manheim.com.au/passenger-vehicles/000000000006555453/2010-porsche-911--997--gt3-2d-coupé?referringPage=AuctionListing&saleid=NPBN104 Clubsport with full service history by the look of it. With a starting bid of $290k, and given there's already three of the same spec with half the km's that have been sitting on Carsales for months ... my guess is the only direction we'll get is "passed in with no bids" ... but lets see! Carrera86, sleazius and Shedpest 3 Quote Link to comment Share on other sites More sharing options...
DD911 Posted 22November, 2022 Report Share Posted 22November, 2022 On 21/11/2022 at 18:08, JWM said: With a starting bid of $290k, and given there's already three of the same spec with half the km's that have been sitting on Carsales for months ... my guess is the only direction we'll get is "passed in with no bids" ... but lets see! The car is at Manheim a 7.2 where the others online are 7.1's - still a high starting point to get some bidding in my opinion regardless of reserve... don't see 7.2's come up very often JWM 1 Quote Link to comment Share on other sites More sharing options...
JWM Posted 22November, 2022 Report Share Posted 22November, 2022 8 minutes ago, DD911 said: The car is at Manheim a 7.2 where the others online are 7.1's - still a high starting point to get some bidding in my opinion regardless of reserve... don't see 7.2's come up very often Ah, my mistake, I only looked quickly and thought it was a 7.1. That may be more interesting then, even if it’s just passed in, but agree reserve still too high. Quote Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 24November, 2022 Report Share Posted 24November, 2022 On 21/11/2022 at 18:08, JWM said: With a starting bid of $290k, and given there's already three of the same spec with half the km's that have been sitting on Carsales for months ... my guess is the only direction we'll get is "passed in with no bids" ... but lets see! Looking like that may be the case. No bids at this stage, 25 hours to go........... JWM 1 Quote Link to comment Share on other sites More sharing options...
luzzo Posted 24November, 2022 Report Share Posted 24November, 2022 On 21/11/2022 at 11:21, TwoHeadsTas said: This may provide some direction as to current pricing: https://www.manheim.com.au/passenger-vehicles/000000000006555453/2010-porsche-911--997--gt3-2d-coupé?referringPage=AuctionListing&saleid=NPBN104 Clubsport with full service history by the look of it. This GT3 has been for sale a long time. At a small dealership in Brighton (Melbourne) off and on CS for over a year. I don't have a VIN for definite confirmation, but the specs, kms, etc are all identical. The price advertised was altered up and down all over the place, between $349-$389k (iirc). I understand a forum member even had arranged a PPi at one stage. Obviously didn't proceed. Quote Link to comment Share on other sites More sharing options...
JWM Posted 24November, 2022 Report Share Posted 24November, 2022 56 minutes ago, TwoHeadsTas said: Looking like that may be the case. No bids at this stage, 25 hours to go........... Once I realised it was a .2 I thought it might get a bid there … I guess we’ll see. 11 minutes ago, luzzo said: This GT3 has been for sale a long time. At a small dealership in Brighton (Melbourne) off and on CS for over a year. I don't have a VIN for definite confirmation, but the specs, kms, etc are all identical. The price advertised was altered up and down all over the place, between $349-$389k (iirc). I understand a forum member even had arranged a PPi at one stage. Obviously didn't proceed. I wonder if there’s something just holding this specific car back? If not, seems like lots of advertised cars need a big haircut … Is it fair to say the only “no brainer, pull the trigger” price on any of them would be “what it would have cost at the end of 2019”? Quote Link to comment Share on other sites More sharing options...
hugh Posted 24November, 2022 Report Share Posted 24November, 2022 27 minutes ago, JWM said: Is it fair to say the only “no brainer, pull the trigger” price on any of them would be “what it would have cost at the end of 2019”? It will depend on the car, but, I'd say in general pricing is still at least 10-15% inflated beyond what people are prepared to transact - not to say that some cars aren't still selling at this rate though. This is still above 2019 pricing by a similar margin. Boosh, symsy and DD911 3 Quote Link to comment Share on other sites More sharing options...
sleazius Posted 24November, 2022 Report Share Posted 24November, 2022 Depends on the car. If Boomers are interested it is still transacting. Case in point 993 Turbos and certain 964s. If rates keep rising, 15% haircut isn't enough on most other advertised 911s. Advertised prices are still ridiculous. This is not just a Porsche thing. It is all the high end marques. - RWD Huracans were transacting with a 2 in front of them pre-covid. Cheapest advertised now is $399500. - 458 Ferraris were low 300s for the ones that were moving, now advertised at $450k (although one sold around $360k two months back). Pricing has a long way to fall imo. JWM, hugh and Joz 3 Quote Link to comment Share on other sites More sharing options...
mbedford Posted 24November, 2022 Report Share Posted 24November, 2022 Check out the section on 997 GT3's. This is US market-focused but I thought we were pretty aligned, the countries have similar economic issues. Quote Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 28November, 2022 Report Share Posted 28November, 2022 Car at Manheim obviously didn't get any bids or didn't reach reserve. Back up again, no starting price shown at this stage.... https://www.manheim.com.au/passenger-vehicles/000000000006555453/2010-porsche-911--997--gt3-2d-coupé?referringPage=AuctionListing&saleid=NPBN105 Quote Link to comment Share on other sites More sharing options...
Sepand Posted 28November, 2022 Report Share Posted 28November, 2022 250k starting Quote Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 28November, 2022 Report Share Posted 28November, 2022 1 hour ago, Sepand said: 250k starting OK, that's interesting, they must put up the auction and go back later and put in their opening figure. Certainly wasn't anything there early this morning...... P-Kay 1 Quote Link to comment Share on other sites More sharing options...
JWM Posted 28November, 2022 Report Share Posted 28November, 2022 On 28/11/2022 at 20:18, TwoHeadsTas said: OK, that's interesting, they must put up the auction and go back later and put in their opening figure. Certainly wasn't anything there early this morning...... You were right - definitely becoming an interesting test of the market ... TwoHeadsTas 1 Quote Link to comment Share on other sites More sharing options...
hugh Posted 28November, 2022 Report Share Posted 28November, 2022 250k for a 997.2 GT3 - yes please! Quote Link to comment Share on other sites More sharing options...
symsy Posted 1December, 2022 Report Share Posted 1December, 2022 On 29/11/2022 at 09:24, hugh said: 250k for a 997.2 GT3 - yes please! We should be back at 200k for .1 then , even better P-Kay and hugh 1 1 Quote Link to comment Share on other sites More sharing options...
TwoHeadsTas Posted 1December, 2022 Report Share Posted 1December, 2022 No bids yet on the .2 even at $250..... Quote Link to comment Share on other sites More sharing options...
sleazius Posted 1December, 2022 Report Share Posted 1December, 2022 Not super surprising in this market. That is still higher than pre-covid pricing. Quote Link to comment Share on other sites More sharing options...
tomk86 Posted 1December, 2022 Report Share Posted 1December, 2022 I don’t think this is the type of car you purchase from Fowles auctions….even at a 50k discount Quote Link to comment Share on other sites More sharing options...
JWM Posted 1December, 2022 Report Share Posted 1December, 2022 8 minutes ago, tomk86 said: I don’t think this is the type of car you purchase from Fowles auctions….even at a 50k discount That in itself is a sign of the return to normal. 12 months ago someone would have purchased it sight unseen from the dark side of the moon at a 50k markup 🤣 Quote Link to comment Share on other sites More sharing options...
Peter 996 Posted 1December, 2022 Report Share Posted 1December, 2022 (edited) I'm going to put my two cents worth in as i think i know what they sell for, i just moved my .1 with 48K on the clock and it was no where near 200K, it was well above ill leave it that for all of you to ponder where the market is..... Edited 1December, 2022 by Peter 996 spelling mistake micknine01 and tomk86 2 Quote Link to comment Share on other sites More sharing options...
wilson59 Posted 1December, 2022 Report Share Posted 1December, 2022 19 minutes ago, Peter 996 said: I'm going to put my two cents worth in as i think i know what they sell for, i just moved my .1 with 48K on the clock and it was no where near 200K, it was well above ill leave it that for all of you to ponder where the market is..... Agreed . I sold my .2 above that price pre Covid . I think it is more the Km on the car that is holding it back not that the sky is falling micknine01 and FAP911 2 Quote Link to comment Share on other sites More sharing options...
sleazius Posted 1December, 2022 Report Share Posted 1December, 2022 On a car with that mileage it is higher than pre-covid. I know as I considered buying one with similar kms, and it was sub 250 without any haggling. JWM 1 Quote Link to comment Share on other sites More sharing options...
DM911 Posted 1December, 2022 Report Share Posted 1December, 2022 On 21/11/2022 at 12:38, JWM said: With a starting bid of $290k, and given there's already three of the same spec with half the km's that have been sitting on Carsales for months ... my guess is the only direction we'll get is "passed in with no bids" ... but lets see! This is an odd one. ! I enquired long time ago, apparently had some major maintenance issues. That could explain why it’s been hanging around for such a long time. JWM 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.