Time of year again to look at 996 GT2 values - Page 3 - 911/Carrera GT - PistonHeads UK

Every year I get to the season I realise I'm polishing more than driving and think of selling... Only one on autotrader and 56k seems stronger than last year. What's the story now in the GT2 market?

not particularly educated opinion on my part, but to me it seemed like they were going up. was there not a low mileage silver one listed in Q2 for about 80k. am sure somebody who tracks the market more closely will be along soon

JZM have a nice looking CS (19K miles) for £85K. Unclepezza had his silver comfort (14k miles I think), up at £90K but has since removed it. There's also the two which have been around a little while. The "EVO" at Specialist Cars of Malton and the BHP car which is POA and has had an apparently minor repair.

They are apreciating, all be it relatively slowly.

Agree they are rising slowly, but perhaps this is more sustainable than the increases we have seen in RS models. I'm still amazed that 993 Turbos are listed for sale at a higher price particularly as I owned one for nearly six years, great car but it's no GT2. We have seen less and less cars come to market, so this can only mean a couple of things: owners are holding onto the cars as they know what they have or they are selling off book so perhaps a bit of both. The £85k JZ car is still available and this must be one of the best examples around with the history and rare 003 spec, OPC have an 03 car at £60k but alcons and comfort seats 30k miles so already a £25k spread! If you have a good one, hold onto it and enjoy it, they don't make them like this anymore.

What's the story with the EVO one at Malton. Has been for sale for as long as I can remember yet seems to be a decent price...

unclepezza said: The £85k JZ car is still available and this must be one of the best examples around with the history and rare 003 spec. What's the difference in the spec? Mine is an 03 spec registered in 2004.

giltranator said: What's the story with the EVO one at Malton. Has been for sale for as long as I can remember yet seems to be a decent price... I wonder this also, it seems to have been around for a long time and at a good price. Anyone viewed the car?

m33ufo said: What's the difference in the spec? Mine is an 03 spec registered in 2004. 003 = factory club sport

unclepezza said: 003 = factory club sport lets just forget I asked the question.

snowley said: giltranator said: What's the story with the EVO one at Malton. Has been for sale for as long as I can remember yet seems to be a decent price... I wonder this also, it seems to have been around for a long time and at a good price. Anyone viewed the car? Non-standard wheels, non-standard engine cover and wing. If they have the original parts then it's a great deal.

snowley said: I wonder this also, it seems to have been around for a long time and at a good price. Anyone viewed the car? I have t but I gather it's a bit rough underneath. Worth a look though I would imagine

Rough in what respect? Corrosion or collision damage?

Slobberchops said: Rough in what respect? Corrosion or collision damage? Unsure - I got the impression it was just unloved. Like I say worth checking out in person

I struggled to move mine on when I needed to turn it into cash. Eventually took £39k from a dealer. All this £80k stuff is pie-in-the-sky. As has been pointed out, the above mentioned dealer has struggled to shift one at £50k for what must be 2 years in a so called rising market. Great cars though, and I will certainly have another.

OPC in Colchester have in the show room, I think it was <40k miles and £60k

550M said: Great cars though, and I will certainly have another. They're epic cars...although unfortunately you'll now have to add another £30K to what you sold yours for. That's what they call bad timing and they are moving upwards which was inevitable.

I wonder whether the release of a new model of a particular variant renews interest of the older generations, and thereby strengthens values? We've seen this on GT3 over the last 12 months or so - i.e. Lots of media coverage (not all good, mind you) of the 991 GT3 and simultaneously we've seen some ridiculous asking prices for GT3... ( asking prices however) So perhaps, the release of 991 GT2 (if there is one) will renew interest in previous GT2's? Safe to say the 993 GT2 will stay stratospheric for all time, so 996 GT2 next in line?

Porsche Leicester have just put a 997 ClubSport up for £154,850 - I went to look at a very similar car before buying mine 2.5 years ago and it was around £85k at an OPC.

monthefish said: I wonder whether the release of a new model of a particular variant renews interest of the older generations, and thereby strengthens values? We've seen this on GT3 over the last 12 months or so - i.e. Lots of media coverage (not all good, mind you) of the 991 GT3 and simultaneously we've seen some ridiculous asking prices for GT3... ( asking prices however) So perhaps, the release of 991 GT2 (if there is one) will renew interest in previous GT2's? Safe to say the 993 GT2 will stay stratospheric for all time, so 996 GT2 next in line? I suppose both could be true....new model causing a resurgence in interest in previous examples or the lack of a replacement GT2 resulting in increased values. It's fair to say that 996 GT2's are still behind the curve when compared to comparable cars. I mean, still selling for less than a 993turbo?!! Now that's madness! All imho.

We know there is very limited supply of the 996 GT2, certainly less than 100 left in the UK and lack of critical mass of cars to choose from has an impact as potential buyers end up buying different cars, question is what motivates a buyer to look for and choose one as this causes prices to rise or fall, Porsche has other great models in competition, namely the GT3 but both hard to find at the 50-60k price bracket. Why do people spend this sum on a 10-12 year old Track car? The reason to buy cars like this changes as cars get older and rarer. Unlike previous owners of my GT2 who bought as it seems it was the latest top end 911 and some to clearly track the car, i consider myself a different type of owner - more of a Porsche enthusiast owner happy to use for weekend blasts and keep in mint condition enjoying rarity. As the cars get older and enter the begininnings of classic status they will inevitably start to go up in value, much like the 993 Turbo now has. Nostalgia pushes prices up.

I remember a few years ago I had a debate on ph with a person who had a rs4 he said the 996 gt2 values would never increase..... The gt2 was a similar cost ( I won't say value lol) Just looked at rs4 values £15,000 Gt2 values are as we know As house prices rise and people can realise capital cars like the 996 gt2 will increase rapidly in value in my opinion.

I remember a few years ago I had a debate on ph with a person who had a rs4 he said the 996 gt2 values would never increase..... The gt2 was a similar cost ( I won't say value lol) Just looked at rs4 values £15,000 Gt2 values are as we know As house prices rise and people can realise capital cars like the 996 gt2 will increase rapidly in value in my opinion.

gt2russ said: I remember a few years ago I had a debate on ph with a person who had a rs4 he said the 996 gt2 values would never increase..... Loads of people used to say that, they were all wrong. From when I sold my 996 in 2010 I'd say that it's probably worth 15-20k more now, even with the extra mileage on it.

JZM GT2 at 85k now sold.......

Looked a good car.

Well that's the 2nd publicly sold example of a low mileage mk1 996GT2 selling in the £80k bracket this year. Perhaps the market has started to wake up on these rare cars.

Now might be the time to readvertise yours? I've expressed an interest in the GT4 with my local OPC. Depending upon the actual spec (being announced in Feb), I might be considering the sale of mine. Can't afford to keep the two of them. It'll be a tough decision to make that's for sure.

In the end you will regret selling your GT2. There is almost nothing out there that is comparable with the GT2.

You're right.....a lottery win (or a remortgage), would solve my dilemma.

m33ufo said: Now might be the time to readvertise yours? I've expressed an interest in the GT4 with my local OPC. Depending upon the actual spec (being announced in Feb), I might be considering the sale of mine. Can't afford to keep the two of them. It'll be a tough decision to make that's for sure. Will Cayman ownership offer you something the GT2 doesn't ? ie more daily driver useability. If not, keep the GT2, you'll not find another car like it. Additionally, in due course the GT2 will become a classic with the attendant increases in value. Sought after Pork is/will be a numbers game, the GT2 has ALL the ingredients to become a very rare classic indeed.

W1TAK said: JZM GT2 at 85k now sold....... fantastic

A picture says more than a thousand words.

Slippydiff said: Will Cayman ownership offer you something the GT2 doesn't ? ie more daily driver useability. If not, keep the GT2, you'll not find another car like it. Additionally, in due course the GT2 will become a classic with the attendant increases in value. Sought after Pork is/will be a numbers game, the GT2 has ALL the ingredients to become a very rare classic indeed. It'll solely be a weekend car. As I say, it'll be a tough choice to make.

m33ufo said: Slippydiff said: Will Cayman ownership offer you something the GT2 doesn't ? ie more daily driver useability. If not, keep the GT2, you'll not find another car like it. Additionally, in due course the GT2 will become a classic with the attendant increases in value. Sought after Pork is/will be a numbers game, the GT2 has ALL the ingredients to become a very rare classic indeed. It'll solely be a weekend car. As I say, it'll be a tough choice to make. Hmmm, GT2 is far more "special" from so many perspectives. If you can, you should keep it. I wish I'd kept had mine.

PTT said: A picture says more than a thousand words. The GT2 just looks so 'right'.

m33ufo said: You're right.....a lottery win (or a remortgage), would solve my dilemma. or a visit to a shrink - good gracious sort yourself out man.

You're right....but I just want to see the GT4 first

m33ufo said: You're right....but I just want to see the GT4 first In 5 years the 6 GT2 may well be a £250k car. Having said that the govt may ban all high performance cars with emissions over a certain level and your Gt2 may become an ornament in your house like a giant vase and who knows may be worth nothing. Don't even bother looking at the GT4. For dd perhaps the solution is to get yourself down to VW and buy a VW Polo 1.2 SE DSG 5 dr. List £16,100 and I managed to deal at £13,750 on a new car a few days ago. 70 Miles to the gallon and you can use the GT2 on high days.

In my opinion 996 gt2s are still very much undervalued when you compare them to 993 turbos going for over 100k and 996 gt3rs's going for 150k When I purchased my gt2 8 years ago the gt3rs and gt2s were the same price ( around 60k ). I drove both and for driving on the road I thought the gt2s savage power put it in a different league. Having driven quite a few supercars on road and track I can't really think of any cars I would swap mine for under 150k

IMI A said: In 5 years the 6 GT2 may well be a £250k car. Having said that the govt may ban all high performance cars with emissions over a certain level and your Gt2 may become an ornament in your house like a giant vase and who knows may be worth nothing. Don't even bother looking at the GT4. For dd perhaps the solution is to get yourself down to VW and buy a VW Polo 1.2 SE DSG 5 dr. List £16,100 and I managed to deal at £13,750 on a new car a few days ago. 70 Miles to the gallon and you can use the GT2 on high days. I have a BMW Touring which I'm getting 40plus mpg from, that's economical enough. I wouldn't get the dog in your Polo I know logically I should keep the GT2 and that's what I will probably do.

JDS 123 said: Having driven quite a few supercars on road and track I can't really think of any cars I would swap mine for under 150k I'm with you. The only obvious choice would be a 7GT2.

I miss my GT2 and nearly bought another recently but a lack of good cars and also hankering after something else kept me away. They are a special car that is underrated.

Spent the afternoon cleaning mine inside and out, leather treatment, hoover, everything, I'll never tire of the looks of this car, and indeed it's looking better today than when I bought it 7 years ago. Of course the brake drying exercise is always great on a sunny November afternoon The silver/black PH smiley makes a good replacement for the tax disk.

supermono said: The silver/black PH smiley makes a good replacement for the tax disk. Nice idea. Completely forgotten about the now redundant tax disk and holder!

Yeah peeled it off and stuck into the service history folder complete with old tax disks for old times' sake

IMI A said: In 5 years the 6 GT2 may well be a £250k car. Having said that the govt may ban all high performance cars with emissions over a certain level and your Gt2 may become an ornament in your house like a giant vase and who knows may be worth nothing. Not so fast. The CO2 global warming conjecture is still unconfirmed by nature, indeed some would argue that the 18+ years of stability in the face of soaring CO2 levels proves it's plain wrong (although it's settled according to all the 'scientists' with their noses in the trough). Australia, Canada and others are starting to roll back carbon taxes etc and I think it's only a matter of time before a smart UK government grasps the nettle and does the same. Then there's the fact that many rare 911s apparently end up in Chinese collections and whatever the truth about CO2, the Chinese aren't bothered anyway. But even to me with probably one of the nicest examples, a £250k target in 5 years sounds fantastical...

Sorry guys I am solely to blame for these cars not been worth more money, the day I sell GT2 prices will rocket in value as have previous cars I have owned and sold. This side of bankrupcy or divorce I can not see me selling so I am afraid these cars will continue to be worth washers compared to far less worthy motor cars. My apologies.

supermono said: IMI A said: In 5 years the 6 GT2 may well be a £250k car. Having said that the govt may ban all high performance cars with emissions over a certain level and your Gt2 may become an ornament in your house like a giant vase and who knows may be worth nothing. Not so fast. The CO2 global warming conjecture is still unconfirmed by nature, indeed some would argue that the 18+ years of stability in the face of soaring CO2 levels proves it's plain wrong (although it's settled according to all the 'scientists' with their noses in the trough). Australia, Canada and others are starting to roll back carbon taxes etc and I think it's only a matter of time before a smart UK government grasps the nettle and does the same. Then there's the fact that many rare 911s apparently end up in Chinese collections and whatever the truth about CO2, the Chinese aren't bothered anyway. But even to me with probably one of the nicest examples, a £250k target in 5 years sounds fantastical... Emphasis on the word "may"