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Got a sold message on the AH car last night.  Perhaps actually sold this time??

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And now there are only 2 x 996 GT3's left on Carsales..... one black @ $173k and another black @ an astonishing $390k 🥵

Is there a story re cheaper car (I may have missed it) - seems to have been for sale for a long time now or is it slightly too expensive? 

But looking at the 997 GT3's for sale, the cheapest is $220k - a massive $47k difference ! I'm not sure that the 997 is worth that much more premium.

Edgy, you must relist your car mate....

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25 minutes ago, Stephen Tinker said:

And now there are only 2 x 996 GT3's left on Carsales..... one black @ $173k and another black @ an astonishing $390k 🥵

Is there a story re cheaper car (I may have missed it) - seems to have been for sale for a long time now or is it slightly too expensive? 

But looking at the 997 GT3's for sale, the cheapest is $220k - a massive $47k difference ! I'm not sure that the 997 is worth that much more premium.

Edgy, you must relist your car mate....

390K for that car is a completely ridiculous price irrespective of the low km’s.  At that price the owner is not a real seller - but rather someone in search of a wood duck.
The black car at 173 might be a little heavy but I don’t think by that much.  
 

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25 minutes ago, Skidmarks said:

At that price the owner is not a real seller - but rather someone in search of a wood duck.

494966795_Woodduck.jpg.d791692cc3a684ab9872a0c200224431.jpg

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7 hours ago, Skidmarks said:

390K for that car is a completely ridiculous price irrespective of the low km’s.  At that price the owner is not a real seller - but rather someone in search of a wood duck.
The black car at 173 might be a little heavy but I don’t think by that much.  
 

Suspect Rusty may not need the money perhaps??  Wonder whether eventual purchaser will be a European collector?  It is, after all,  a brand new 20 year old car.  Not sure that I would want one in that condition though, and particularly not black......

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2 hours ago, TwoHeadsTas said:

Suspect Rusty may not need the money perhaps??  Wonder whether eventual purchaser will be a European collector?  It is, after all,  a brand new 20 year old car.  Not sure that I would want one in that condition though, and particularly not black......

As I said, not a real seller ...

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1 hour ago, Windsor289 said:

Long winded but worth the watch for 996 GT3 ♥️ers

Thanks for the link, despite being a little long (as you say) it's a good summary of the model.

Interesting to see how candid he was on 996GT3 values given 911 Virgin is a Porsche (independent) dealer.  Given this Video was just posted, I guess every second UK person watching it will next be surfing the classifieds to see if they can pick up a steal before the next price surge...

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Good video, but I’m kinda hoping we can keep it a bit of a secret...... having a rise in value might be great, but I don’t want to stop driving it because I start getting worried about the impact of more kms is having on resale!

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9 minutes ago, Rick V said:

Good video, but I’m kinda hoping we can keep it a bit of a secret...... having a rise in value might be great, but I don’t want to stop driving it because I start getting worried about the impact of more kms is having on resale!

Best way to own a car is not worry about the resale Rick . I don't think you will truly enjoy that car without tracking it and using it . 

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9 minutes ago, Rick V said:

I don’t want to stop driving it because I start getting worried about the impact of more kms is having on resale!

Unfortunately, it seems that here in Aus that is a real consideration. High km GT cars here are treated with such disdain..!

Certainly doesn't seem to be as much of an issue in UK. That same dealer, 911 Virgins has 2 x 996.2GT3's currently for sale.

Roughly converted Kms and Pricing:

Yellow: Price AUD$105,800 (approx)  103,700 Kms

Black: Price AUD$116,800 (approx) 57,900 Kms

So, approx only AU$11,000 Difference. I don't think the difference in 2 Aus delivered cars would be that little. 

 

1658078965_ScreenShot2020-08-10at2_24_43pm.png.65e868d735768d09f8d42cd52da17879.png

 

 

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You are correct luzzo - a typical recent example was the silver Autohaus Hamilton GT3 which IIRC went for around $120k because it had 115,000km on the clock - more km means a serious de-valuing in price and a long stint in the marketplace. 

I've been seriously thinking of putting my car on the market in the next few weeks, but after listening to this I don't know if I am doing the right thing at the current time...:unsure: 

As a side note, Henry @ 911 Virgin has an enviable rep in the UK and is a noted strait shooter. Few and far between.

 

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30 minutes ago, Stephen Tinker said:

You are correct luzzo - a typical recent example was the silver Autohaus Hamilton GT3 which IIRC went for around $120k because it had 115,000km on the clock - more km means a serious de-valuing in price and a long stint in the marketplace. 

I've been seriously thinking of putting my car on the market in the next few weeks, but after listening to this I don't know if I am doing the right thing at the current time...:unsure: 

As a side note, Henry @ 911 Virgin has an enviable rep in the UK and is a noted strait shooter. Few and far between.

 

That car at most went for around 20K under a low Km car . $20,000 is money well spent in driving the wheels off a GT3 than being concerned about the km you put on it . IMO of course .

Someone said to me once on this forum and is very true that there is nothing more liberating with car ownership than not being concerned about Km put on your P car .

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Its a moot point if the low value of that particular GT3 was because the owner had had it for sale for +/- 6 months and was just keen to be rid of it, or because of the current medical / financial hardships a lot of people are experiencing. But you're right, everything being equal, somebody has got themselves a future classis at a bargain basement price - long may they enjoy the ride!

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59 minutes ago, Shedpest said:

Slender pickings at the present

https://www.carsales.com.au/cars/details/2003-porsche-911-gt3-996-manual-my03/OAG-AD-18668875/?Cr=0

And make sure.......

*Please do not enquire if you do not have finance approved/available funds*   *No lowball offers*

Don't forget the unloved bride 

https://www.carsales.com.au/cars/details/2000-porsche-911-gt3-996-manual/OAG-AD-18668204/?Cr=0

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1 hour ago, wilson59 said:

Best way to own a car is not worry about the resale Rick . I don't think you will truly enjoy that car without tracking it and using it . 

Agreed, and thankfully I'm not there yet Paul..... the only things stopping me from driving it at the moment is this crap weather and work getting in the way of a good time.

I do have a few mates however with cars which have gone from being fun to drive, to being a stressful outing..... (mint A9X Torana and early Shelby Mustang). Of course,  I've suggested they sell them and get themselves into a GT Porsche.  

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5 minutes ago, Rick V said:

Agreed, and thankfully I'm not there yet Paul..... the only things stopping me from driving it at the moment is this crap weather and work getting in the way of a good time.

I do have a few mates however with cars which have gone from being fun to drive, to being a stressful outing..... (mint A9X Torana and early Shelby Mustang). Of course,  I've suggested they sell them and get themselves into a GT Porsche.  

I am suffering from the same weather and difficult workload as well . Feeling your pain 

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In pretty much any other marque you accept that a car will depreciate as this is typically what happens, some more so (and worse) than others. Lets say you buy a higher km GT3 or (heaven forbid) put some extra kms on your GT3 - yes it maybe worth slightly less if an exact car with lower kms was on the market at the same time but it will still be worth more than if you went out and spend the same $$$ on a new Benz (for example). 

Porsche has been very successful in bringing people to the brand via these cars being able to maintain a sold value throughout ownership. I see little (if any) point though in having a car that you don't drive because either you are too scared or cant afford to for worry of depreciation. 

No point in saving it for the next man. Enjoy them while you can. 

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I agree normal depreciation is less than any typical new car and not worth worrying about, just enjoy it.  

The bigger issue is when the value of a particular model starts to escalate.   My GT2 tripled in value on paper (doubled in reality) during my ownership and while I was not complaining it did then play on my mind whenever I took it to the track. What it owed me didn’t change but the potential value was 2-3 times and beyond what I was prepared to put into the fence.  It does somewhat ruin the experience.   

Gordon Murray talks about a similar issue with McLaren F1 in the Collecting Cars podcast with Chris Harris. He wanted them all to be driven but now they are worth 20M+ no one is game enough to drive them.  He even sold his own car a few years ago.  He has the luxury of designing and building a new version though.....🤔

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27 minutes ago, hugh said:

No point in saving it for the next man. Enjoy them while you can. 

I must be an idiot, cos I make them all better for the next man... sometimes I even get kicked in the nuts in the process! :lol: Other times I win... maybe when I kick the bucket they'll look back and say that guy was a net positive for the breed? 

 

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1 hour ago, Rick V said:

Agreed, and thankfully I'm not there yet Paul..... the only things stopping me from driving it at the moment is this crap weather and work getting in the way of a good time.

I do have a few mates however with cars which have gone from being fun to drive, to being a stressful outing..... (mint A9X Torana and early Shelby Mustang). Of course,  I've suggested they sell them and get themselves into a GT Porsche.  

They should, they're both big ticket items ATM.

All the marketing hype is been done.

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A GT car should be driven as often as you can. When the maintenance bill comes along, then you will at least feel like you got value.

Dont preserve it for the next owner - it’s a waste of a great car and a whole load of fun.

I have no interest in selling mine, so I don’t worry about future values. If I want to track it, values shouldn’t matter - just drive within your capabilities 

My2 cents worth 

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