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Roro
Long Beach


Joined: 01 Oct 2010
Posts: 6072



PostPosted: Sun Jan 15, 2017 9:25 am    Post subject: Reply with quote

I reckon PDK GT3 (991.1) values will be hit, but I wouldn't expect a big hit on older GT3's. If anything over time I'd expect the GT4 to be hit hardest partly because there are so many of them and people may try and get back into a GT3. Although I am sure that the new GT3 will be very expensive compared to the GT4, which will limit any immediate impact on that model
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Richyd
Watkins Glen


Joined: 04 Feb 2011
Posts: 2199
Location: Sunny Tunny Wells


PostPosted: Sun Jan 15, 2017 9:46 am    Post subject: Reply with quote

Personally, I recon it's all madness except for the really old cars and the pure limited build ones.

The GT4 is a great £80 - 90k car, but never a £110k car. The 997 GT3's are also great cars at £80-110, or thereabouts. I agree the 991 will continue to drop, some are on their 3rd engine, so this won't help as no-one would want to own one without a warranty, whereas Metzger has proven almost bullet proof.

So, yup GT4's will continue to slide, although the supply remains limited as many of the flipped ones have gone into storage and the ones I know that are being driven, incl mine, are keepers. Nothing out there comes close to driver interaction and fun.

TBH the value of my (now ex) 997.2 GT3 took the fun out of driving it...
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Roro
Long Beach


Joined: 01 Oct 2010
Posts: 6072



PostPosted: Sun Jan 15, 2017 10:59 am    Post subject: Reply with quote

Do you mean the present value or the potential future value (took the fun out of driving it)?

I presume the GT4 isn't that far off the value of the GT3, but you don't have a problem with driving that car? (Could be wrong, I don't follow GT4 prices but thought they were pretty much 100k cars)*

*Just looked on AT and they're around 85k which isn't too bad but still seems quite pricey to buy to drive and forget the mileage. I expect prices of these will have quite a way to fall before they bottom out.... wouldn't it have made more sense to sell the GT4 and keep the GT3 if you were worried about values Question

My guess is even adding 5/6k a year wouldn't harm GT3 values much, assuming we're not talking collectors items under 5k miles on the clock... or would it ...

... Could analyse this forever, they're cars, just drive them Grin As a wise old man once said, the trick is not to think of your car as a bunch of £50 notes sitting in the garage...
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NXI20
Approved Trader


Joined: 02 Feb 2008
Posts: 3202
Location: South Bucks

2004 Porsche 996 GT3 Mk2

PostPosted: Sun Jan 15, 2017 11:08 am    Post subject: Reply with quote

Roro wrote:
As a wise old man once said, the trick is not to think of your car as a bunch of £50 notes sitting in the garage...


I recognise that quote! Less of the 'old' if you don't mind young man wack

The problem with the used car market in the UK is that it's very mileage sensitive. There are various milesones that, once reached, result in a step drop in value. If it was at least linear it might be easier to accept...
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Nick
Need Alcon discs or Pagid pads? https://uber9s.com

2004 GT3 CS in Atlas Grey with too many mods to list!
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Roro
Long Beach


Joined: 01 Oct 2010
Posts: 6072



PostPosted: Sun Jan 15, 2017 11:38 am    Post subject: Reply with quote

NXI20 wrote:
Roro wrote:
As a wise old man once said, the trick is not to think of your car as a bunch of £50 notes sitting in the garage...


I recognise that quote! Less of the 'old' if you don't mind young man wack

The problem with the used car market in the UK is that it's very mileage sensitive. There are various milesones that, once reached, result in a step drop in value. If it was at least linear it might be easier to accept...


Old

I was just sayin'! Happy

True, I've heard about the 50k mileage mark with Porsche (Evo magazine a few months back), I guess that's where people that want to 'buy to drive' should probably be looking to pick one up
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Richyd
Watkins Glen


Joined: 04 Feb 2011
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Location: Sunny Tunny Wells


PostPosted: Sun Jan 15, 2017 12:20 pm    Post subject: Reply with quote

It's crazy - but I could pick up a 40k miles GT3 for £40k less than I sold mine.

This is the way forward if you ask me. Then I can just get in and drive it!

Re GT4, yep, they will drop, but trade recon will settle around £80k. And no big step off in value with miles...just a steady decline.

However, after 2 GT3's I'm enjoying getting to know a mid-engined format!
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nick w
Zolder


Joined: 02 Feb 2009
Posts: 5146
Location: Kent

2010 Porsche 997 GT3 RS

PostPosted: Sun Jan 15, 2017 10:03 pm    Post subject: Reply with quote

Well I picked the GT4 up from OPC Colchester Saturday, and all the first
impressions are hugely positive. What an absolute hoot to drive, as its a total,
absolute hooligans car, and therefore it suits me down to the ground !. So nice
to get into something which has the right balance, feel and go and it so, very
much sounds like a baby GT3 when on full chat. I'll get some pics sorted out
once the weather improves !. Cool
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Richyd
Watkins Glen


Joined: 04 Feb 2011
Posts: 2199
Location: Sunny Tunny Wells


PostPosted: Wed Jan 18, 2017 12:11 pm    Post subject: Reply with quote

Nick - I find my GT4 is soooo much louder than the 997 GT3, don't know how it compares to a 991 though.

You're right, a GT4 feels like a hooligans car. It feels like an old fashioned hot-rod to me - such a naughty car I'm surprised they built them, almost un-Porsche-like in the fun way it drives.

At the end of the day, I do most of my driving on the roads, incl Euro hoons, and the GT4 is more fun on the road, and more accessable on the road than my GT3. I do blat around tracks too, but I don't time myself, so it's about fun and smiles rather than outright lap-times....here, the GT4 delivers.

Walter recons drive a GT4 in the mountains, and the GT3 on track - I couldn't agree more.

Hopefully you will have the same experience as me....it's a riot of a car!
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Disco
Estoril


Joined: 13 May 2008
Posts: 3528
Location: Hertfordshire

2010 Porsche 997 GT3

PostPosted: Wed Jan 18, 2017 3:52 pm    Post subject: Reply with quote

Richyd wrote:
Nick - I find my GT4 is soooo much louder than the 997 GT3, don't know how it compares to a 991 though.


Funny that you should say that as I have heard anecdotally of people going from the GT3 to the GT4 and suddenly getting flagged for noise at places where they didn't used to have problems. It would be interesting to know if anyone had numbers and any more background on that?
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Richyd
Watkins Glen


Joined: 04 Feb 2011
Posts: 2199
Location: Sunny Tunny Wells


PostPosted: Wed Jan 18, 2017 4:01 pm    Post subject: Reply with quote

Colin - That is my experience. I was black flagged at Brands and Goodwood in the GT4 - blagged it both times to get back on track and just lifted a little at the noise metres thereafter. Same tracks in both my GT3's were fine.

Spa is my new favorite track as a result! Very Happy
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