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markturner1960
Monza


Joined: 26 Nov 2016
Posts: 154
Location: London UK

2003 Porsche 996 GT3 Mk2

PostPosted: Mon Sep 04, 2017 12:19 pm    Post subject: Reply with quote

LaSource wrote:
ragpicker wrote:
Well to me its overpriced but its hardly massive damage.

Done its dough at £55k Bandit


At the price I'd buy it back all day long. Even if the repair is not top quality I would be able to justify additional to address that.

I just bought another lower mileage Guards Red clubsport and it was not far off double that!

I may dig out the track pictures straight after and it really is not 'that bad'

Personally even at the asking price it is already discounted against a straight Guards Red clubsport. I hounded 4-5 GR clubsport owners and no one was interested in selling anywhere in the eighties even. Maybe given the media coverage it needs to be a bit lower still. But that's in a negotiation discussion


I just came in on the tail end of this, but are you really saying that the market price for a guards red CS like this car is £140K You just paid £140K for one?? That seems to be what you are saying up there.....

If so, I would like to know what going on in the market the last few months that I may have missed, I got my Mk2 ( non CS) in November last year, paid £70K and there was CS also around I just missed for £5K more, same mileage etc.......

I was not aware that the CS version was anything like that much more in value than the standard .... ? There is this one in France for £58K: http://www.carandclassic.co.uk/car/C827729
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Last edited by markturner1960 on Mon Sep 04, 2017 12:25 pm; edited 1 time in total
 
  
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HSC911
Paul Ricard


Joined: 23 Jul 2014
Posts: 3008
Location: Bedford


PostPosted: Mon Sep 04, 2017 12:25 pm    Post subject: Reply with quote

markturner1960 wrote:
LaSource wrote:
ragpicker wrote:
Well to me its overpriced but its hardly massive damage.

Done its dough at £55k Bandit



I just bought another lower mileage Guards Red clubsport and it was not far off double that!


I just came in on the tail end of this, but are you really saying that the market price for a guards red CS like this car is £140K You just paid £140K for one?? That seems to be what you are saying up there.....


Question

I think he means double £55k, not double £70k Dont know

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markturner1960
Monza


Joined: 26 Nov 2016
Posts: 154
Location: London UK

2003 Porsche 996 GT3 Mk2

PostPosted: Mon Sep 04, 2017 12:28 pm    Post subject: Reply with quote

Wow, still pretty incredible if that's the case, at over £100K....

There has been no buzz or talk around this, what suddenly happened to boost values by 25K in the last few months ?
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Ksc
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PostPosted: Mon Sep 04, 2017 12:39 pm    Post subject: Reply with quote

A 996 Clubsport is an extremely rare car in Guards.I think in 996.1 there were only 28 made in all colours for the UK.
 
  
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Pip1968
Suzuka


Joined: 26 Oct 2009
Posts: 1061
Location: Blighty


PostPosted: Mon Sep 04, 2017 8:15 pm    Post subject: Reply with quote

I cannot believe that 'red' equates to a premium of £20-30,000 over non red.

Have all the red ones been written off or badly crashed???

Maybe the statement was a mathematical error.

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NXI20
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Joined: 02 Feb 2008
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2004 Porsche 996 GT3 Mk2

PostPosted: Tue Sep 05, 2017 8:16 am    Post subject: Reply with quote

No mathematical error; LS paid nearly £100K for his new GR CS. It was very low miles at 16K though & he does obsess about mileage. He bought a Cobalt GT3 CS a couple of weeks before this one came on the market & despite it only having 24K on it, deemed it 'too leggy'! The Cobalt car is for sale now.

Have I got that right T? Floor
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LaSource
Nürburgring


Joined: 08 Feb 2009
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PostPosted: Tue Sep 05, 2017 9:17 am    Post subject: Reply with quote

NXI20 wrote:
No mathematical error; LS paid nearly £100K for his new GR CS. It was very low miles at 16K though & he does obsess about mileage. He bought a Cobalt GT3 CS a couple of weeks before this one came on the market & despite it only having 24K on it, deemed it 'too leggy'! The Cobalt car is for sale now.

Have I got that right T? Floor


Haha - you are the closest Smile

The leggy car is 32k miles Smile Actually it was not mileage that I was obsessing about, it was finding something that matched my old car.

The premium is both for colour and mileage. Though I would have been just as happy at 30/40k miles so yes had to pay more to get the spec I wanted.

But, you don't need to take my word for it. Do you own research, try and find a proper coloured clubsport (Red, Yellow, Blue) for less than £85k say...(mileage also has an impact of course). Speak to owners, see if they want to sell one cheaper. Happy to eat my hat. I was scouring the market and my network for almost a year.

As for how much stuff used to be years ago - sadly that boat has sailed. I bought the red car that is original subject of this thread in the £40s. I sold a 996 RS with 28k miles for some £55k....but that is history. Would love to do the same if I could.

These cars are only getting rarer. Guards Red mk2 clubsports will only have single digit cars left without stories. The 996 model generally is (imho) going to gain increasing interest as people realise it is one model at the inflexion of old and new....I've tried all of the water cooled ones - albeit the air cooled generation was a little before my time Smile

I realise this is subjective so some may not agree with me....and that's fine.
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Daniel
Donnington
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Joined: 02 Feb 2005
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2000 Porsche 996 GT3 Mk1

PostPosted: Tue Sep 05, 2017 9:45 am    Post subject: Reply with quote

I really wanted a GR Clubby MK1 or 2 when I started my search.

After looking for over 13 months was about to pull the trigger on a GR MK2 Comfort with bucket when the owner of my current SY MK1 Clubby after having it 12 years let it go to me.

You know how you carry on looking even after you have bought, I have not seen another SY or GR Clubby I would want (or afford) to buy come up..

Sometimes is about being in the right place at the right time waiting to pounce..
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PindiXpress
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Joined: 11 Jan 2009
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PostPosted: Tue Sep 05, 2017 12:23 pm    Post subject: Reply with quote

Daniel wrote:


Sometimes is about being in the right place at the right time waiting to pounce..


Yeah in your case once someone else has paid for the inspection and the owner is willing to shaft him.
 
  
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Daniel
Donnington
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2000 Porsche 996 GT3 Mk1

PostPosted: Tue Sep 05, 2017 12:55 pm    Post subject: Reply with quote

PindiXpress wrote:
Daniel wrote:


Sometimes is about being in the right place at the right time waiting to pounce..


Yeah in your case once someone else has paid for the inspection and the owner is willing to shaft him.


? I have no idea what you're talking about? I paid for my own PPI(s)
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Pip1968
Suzuka


Joined: 26 Oct 2009
Posts: 1061
Location: Blighty


PostPosted: Tue Sep 05, 2017 1:31 pm    Post subject: Reply with quote

PindiXpress wrote:
Daniel wrote:


Sometimes is about being in the right place at the right time waiting to pounce..


Yeah in your case once someone else has paid for the inspection and the owner is willing to shaft him.


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......"Where???.......

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kingston
Österreich


Joined: 09 Jun 2010
Posts: 908



PostPosted: Tue Sep 05, 2017 4:29 pm    Post subject: Reply with quote

there was this one for £75k
http://paragongb.com/cars/porsche-911-gt3-clubsportfor-sale-ly53udk, taken from the other thread.

Anyway, try and keep this one on the straight and narrow though hey Clap
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Daniel
Donnington
Donnington


Joined: 02 Feb 2005
Posts: 11934
Location: Not where I want to be!

2000 Porsche 996 GT3 Mk1

PostPosted: Wed Sep 06, 2017 9:52 am    Post subject: Reply with quote

kingston wrote:
there was this one for £75k
http://paragongb.com/cars/porsche-911-gt3-clubsportfor-sale-ly53udk, taken from the other thread.

Anyway, try and keep this one on the straight and narrow though hey Clap


Love that... (not the graphics or wheels)
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PindiXpress
Monza


Joined: 11 Jan 2009
Posts: 150



PostPosted: Wed Sep 06, 2017 11:08 am    Post subject: Reply with quote

Daniel wrote:
PindiXpress wrote:
Daniel wrote:


Sometimes is about being in the right place at the right time waiting to pounce..


Yeah in your case once someone else has paid for the inspection and the owner is willing to shaft him.


? I have no idea what you're talking about? I paid for my own PPI(s)


The car wasn't even advertised and shortly after I had it PPI'ed it sold to you (probably for more money) whilst I was arranging to pay/collect it. Either way, water under the bridge now, I'll never know what happened during that PPI but I can take a guess. At least I know who to avoid in the future. Was a very cheap car at £50k.
 
  
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Daniel
Donnington
Donnington


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2000 Porsche 996 GT3 Mk1

PostPosted: Wed Sep 06, 2017 12:05 pm    Post subject: Reply with quote

PindiXpress

To close this off, I had a 'wanted GT3' post on PH.

I got a email saying "I have a GT3 for sale". So I went to see the vehicle test drove it, had PPI's and checks done. At the point of viewing the vehicle the owner said someone looked at it but never got back to him over 2 weeks ago - with NO deposit and he has not returned my calls!!

It took me 2 weeks to sort the money out, get the PPI's and checks done. So if the owner was telling the truth that's 4 weeks between when you saw the vehicle and I collected the vehicle, no?

Cheap car maybe... but I have spent a lot on it getting 100%, I could of bought from a dealer for what I have spent. (But at least I know its 110%, and I have sorted all the things raised on the PPI's)

What more can I say? - In my mind I have done nothing wrong.

Now lets move on.....
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Porsche News
Motoring Editor
Motoring Editor


Joined: 08 Feb 2008
Posts: 6913



PostPosted: Wed Sep 06, 2017 8:33 pm    Post subject: Reply with quote

NXI20 wrote:
No mathematical error; LS paid nearly £100K for his new GR CS. It was very low miles at 16K though & he does obsess about mileage. He bought a Cobalt GT3 CS a couple of weeks before this one came on the market & despite it only having 24K on it, deemed it 'too leggy'! The Cobalt car is for sale now.

Have I got that right T? Floor


of the choice standard colour Guards Red CS's 996.2 GT3's are fewer in number than Speed Yellow, thus there is a slight premium

although the SY cars are known to be quicker
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ms2015
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Joined: 28 Oct 2015
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PostPosted: Wed Sep 06, 2017 10:57 pm    Post subject: Reply with quote

@lasource - agreed the damage isn't that extensive- but how did it end up on copart? Your buddy who bent it when you were in the passenger seat just took the insurance money and the insurers stuck it on copart I guess?

As someone else has said if more detail were known about who actually repaired it that could make a big difference to the saleability and confidence people have in the car. I don't know of any specialist in brighton that the person who bought it - Emily - referred to in her post.
 
  
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LaSource
Nürburgring


Joined: 08 Feb 2009
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PostPosted: Thu Sep 07, 2017 12:38 am    Post subject: Reply with quote

ms2015 wrote:
@lasource - agreed the damage isn't that extensive- but how did it end up on copart? Your buddy who bent it when you were in the passenger seat just took the insurance money and the insurers stuck it on copart I guess?

As someone else has said if more detail were known about who actually repaired it that could make a big difference to the saleability and confidence people have in the car. I don't know of any specialist in brighton that the person who bought it - Emily - referred to in her post.


Yes the car was inspected, a repair was feasible, however the insurer and insured came to an agreement which worked well for both sides.

imv, the car was perfectly repairable and if done properly should be next to indistinguishable from a normal car. Prospective buyers should inspect of course to confirm all that. Even if corners have been cut, they can be redone (notwithstanding the cost of doing so).

As posted earlier, the copart pictures are deceptive since lots of panels and lights etc have been removed for inspection. The only real impact was left rear corner (front left was surface level only)
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ELA
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PostPosted: Thu Sep 07, 2017 6:27 am    Post subject: Reply with quote

From a structural perspective that crash damage is nothing T, the trouble is once you add up only a few parts from Porsche the insurance bill sky-rockets. I know of a 993 that my friend crashed and the damage was similar to this car and the bill came to €45,000. In Germany the insurance companies seem to work against themselves. I had somebody reverse into my parked car once and the insurance assessment came in at €13,000. I took the 70% they offer instead and fixed it myself for €700 and pocketed nearly 10K. It is a crazy system over here. I'm sure in the UK they do everything within their power to lower the bill.
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LaSource
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PostPosted: Thu Sep 07, 2017 8:41 am    Post subject: Reply with quote

ELA wrote:
From a structural perspective that crash damage is nothing T, the trouble is once you add up only a few parts from Porsche the insurance bill sky-rockets. I know of a 993 that my friend crashed and the damage was similar to this car and the bill came to €45,000. In Germany the insurance companies seem to work against themselves. I had somebody reverse into my parked car once and the insurance assessment came in at €13,000. I took the 70% they offer instead and fixed it myself for €700 and pocketed nearly 10K. It is a crazy system over here. I'm sure in the UK they do everything within their power to lower the bill.


Totally. Actually very similar in the uk.

I wouldn't knock the insurance companies here - they can be very helpful and understanding in the event of a mishap but as you mention above, the numbers can add up!
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