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996 GT3 Possible Purchase

When you look at their website and start with the very expensive cars and scroll down, it looks like a comparative bargain! The midnight blue one at Harbour Cars is also very special in the flesh!
 
When you look at their website and start with the very expensive cars and scroll down, it looks like a comparative bargain! The midnight blue one at Harbour Cars is also very special in the flesh!

I've heard some negative stuff about the Tractive suspension, some places won't support it or work with it and it's only what I read somewhere but even Tractive seem not to be great sometimes. The OEM stuff comes with the car and could be refitted, but it's more work. I'm not really into modern stuff and (apart from my company car) everything I own is older classic type stuff (Porsches, Landrovers, Range Rovers, etc) and I definitely don't have room for another car that needs stuff sorting on it.

I was talking to the GM of Porsche Middle East the other day and he was asking me what I fancied next and I said probably something new, where I can get in, turn the key and just drive it, without having to wonder if it's going to break down. I went on a UK club run in my 930 over Christmas and got stranded at a Starbucks, I love it to bits but it's a pain sometimes owning older stuff.
So the Tractive stuff would actually put me off the Harbour car.
 
I bought my speed yellow GT3 mk2 in 2007. At that time there was heated discussion on the internet as to whether the MK1 or MK2 was best. The debate was usually between people who had never owned/driven/been driven in/ likely ever to have the money to buy one.

I thought my 12k miler was very good, but the cabin was so boomy that we had to wear ear defenders on any day trip otherwise we ended up tired and deaf when we got there.

The car was taught, handled well and far too fast for an average track day driver so I sold it and bought an exige which was even quicker but easier to drive fast.

However...... even back in 2007 the market was littered with damaged GT3' both mk 1 and 2's, often privately repaired (apparently).

Before buying mine I test drove a couple and I remmeber a red one which had a big and very unpleseant issue with the LSD!

Talking of which, reversing a GT3 is an odd experience (LSD again).

But I would say it is a money in the bank car so unlikely to depreciate unless the buyer discovers that it has been previously damaged,
I do wonder every now and then, how many owners of original GT3 models (996/7) traded or want to trade into newer models. If the number doing that is more than potential new buyers in the market, then are the former still safe to be thought of as money in the bank? Especially in the longer term as values of manual 991/2 models fall nearer 996/7 levels (assuming that they do fall further, they should do, they made them in comparatively gargantuan volumes). Impact of the 991.1 has been minimal I'd say, I see that as a blip being automatic only + it's, ahem, teething problems. Time will tell!
 
I think a tidy sensible milage and well looked after 996/997 GT3 is about as good as money in the bank, the next couple of years are going to be financially messy for the whole world, global business is bleeding through the ears, so you're going to wait a while to sell one at a decent price at the moment because everyone is keeping their powder dry, but once the economy picks back up a bit and people start having the confidence to spend money then I think they'll go up a bit, not mental but they'll probably never be worth less than they're going to be this year and next.

If I wasn't getting 4.5% on actual cash deposits in the bank then I'd fill a unit with a dozen and just wait, it's literally what my mate is doing with his GTs and 993 Turbos. But after the last decade of zero interest on cash and having to risk the markets, then 4.5% in an NS&I fixed deposit guaranteed up to a couple of million seems like a Christmas present when everyone was struggling to get half a percent, so they were buying cars instead to speculate on. Now the bottom has fallen out of that everyone is waiting and watching, but I think you'd not lose anything if you bought an £80k decent 996 GT3 and sat on it for 3-4yrs.
 
Hello All,
A long time since I’ve contributed on here but my car is currently for sale and I’m happy to answer any questions.
In my tenure since 2008 and without question one of the best examples in the UK. Here’s the ad:


Best,
Scott
 
Hello All,
A long time since I’ve contributed on here but my car is currently for sale and I’m happy to answer any questions.
In my tenure since 2008 and without question one of the best examples in the UK. Here’s the ad:


Best,
Scott

If you’re looking for an honest opinion (apologies if you’re not) then anyone with £80k is going to buy the RPM/Paragon/etc cars because they’re meticulous about only selling good cars and they give a bulletproof warranty that is worth lots.

Privately I don’t see you getting the same money.
 
Paragon just put a GT3 in blue on their FB page, it's £85k, my wife's favourite colour and I need someone to buy it quickly before I end up with another car that I don't need.

It looks gorgeous.
It's not on their page yet, but it's a looker...

Screenshot 2025-01-27 at 4.35.06 PM.jpg
 
If you’re looking for an honest opinion (apologies if you’re not) then anyone with £80k is going to buy the RPM/Paragon/etc cars because they’re meticulous about only selling good cars and they give a bulletproof warranty that is worth lots.

Privately I don’t see you getting the same money.
Agreed, having said that though, what would you value Paragon’s/RPM Technik’s vetting process and warranty?

In other words, how much would you expect off Scott’s car if buying on a punt?
 
Agreed, having said that though, what would you value Paragon’s/RPM Technik’s vetting process and warranty?

In other words, how much would you expect off Scott’s car if buying on a punt?

I guess it’s what it’s worth to you in peace of mind knowing that anything wrong will be fixed from someone else’s wallet.

E.g. Paragon vs private, I’d pay £10k less for a private one because I know how much work goes into their prep. There could well be £5k worth of prep and a full warranty, which to me is worth a lot from them as I know and trust them beyond question. Some warranties are worth more than others, for me Mark Sumpters word that he’d put anything right on their cars is worth a lot. So I’d pay a premium that some might not.

But that’s just me and my experience of buying older Porsches and the bills they throw up. If I buy a 996 GT3 then it’s probably only coming from a couple of places that I know will fix it with no quibbles.

Some places really do put a LOT more prep into their cars than others, anything not spot on gets traded and not put into the showroom.
 
Paragon just put a GT3 in blue on their FB page, it's £85k, my wife's favourite colour and I need someone to buy it quickly before I end up with another car that I don't need.

It looks gorgeous.
It's not on their page yet, but it's a looker...

View attachment 111683
just do it!
 
just do it!

It's not really that simple, it's a four grand flight, then a trip down there, then drive it back and store it at a mates because my double garage and driveway is full, or buy it unseen and pay for it to be delivered unseen into storage.

My wife gave the green light to buy a few cars and put them into storage as part of a pension hedge fund, but I really need a couple of weeks and storage properly arranged. I need to wait until some units near me are finished, then buy one, then do it all.

When I bought my 930 I landed Saturday night, drove down there at 4am, left my car at my mates and we drove down there together, picked the car up and drove back and I was back on an afternoon flight to Dubai, the same stewardesses were on my return flight and asked me what I was up to, they thought I was a drug dealer or something.
 

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