996 GT2 Prices - Page 3 - Porsche General - PistonHeads UK

When i purchased my GT2 about 2 years ago i looked at 5 or 6 GT2's which were up for sale at the time. When i looked at them i found each one had been well used and were not in great condition. Eventually I found the one i purchased which is in perfect condition. There are now several cars for sale around 45-50k. The real clean cars must be becoming quite rare but what is a good one worth?? I am just trying to get a feel for what mine is worth if i was to sell it. It is an GT2 Comfort, Basalt Black 02 with 23k miles it has full Porsche Service History. It is absolutly immaculate and has never been on a track.

Oh noooooooooooooooooooooooooooo

PHOENIXUK said: Oh noooooooooooooooooooooooooooo

JDS 123 said: When i purchased my GT2 about 2 years ago i looked at 5 or 6 GT2's which were up for sale at the time. When i looked at them i found each one had been well used and were not in great condition. Eventually I found the one i purchased which is in perfect condition. There are now several cars for sale around 45-50k. The real clean cars must be becoming quite rare but what is a good one worth?? I am just trying to get a feel for what mine is worth if i was to sell it. It is an GT2 Comfort, Basalt Black 02 with 23k miles it has full Porsche Service History. It is absolutly immaculate and has never been on a track. Purely as a favour, seeing as you're a fellow PHer, I'll give you £5k for it.

Thanks for the offer but i think i will keep it for now!

Private sale 45k 52k Trade offer 37k 45k Mine has double the mileage and I won't even say what the OPC offered in part ex for it. I don't think the low mileage top condition cars can really demand a huge premium when 997TTs are 55-60k. Edited to change prices, looking at the cars currently for sale I was a bit off the mark, my fault for talking to an OPC salesman! Edited by 996GT2 on Thursday 4th December 22:38

More on the same topic here : - http://www.pistonheads.co.uk/gassing/topic.asp?h=0...

I have also thought about selling mine a few times, but that's just because I want a shot of every car out there I think! I have however, decided to garage it for the winter. Just using it sparingly, as the roads aren't ideal for a high-powered car at the moment. I was also given a derisory offer by an OPC (they are attached to and part of the same group as the Ferrari garage), albeit against a Ferrari. The thing is, your car is worth exactly how much you want for it. You will always get people trying to chance their luck. If they really want the car trust me they will pay for it. Within reason obviously. The thing with this type of car is you generally want it before you go to see it (not always the case from hearing people on here) and you normally have to travel far to see them, what with the limited numbers. That to me says you, as a seller are already in a prominent position when it comes to the sale. From reading news articles and discussions on the net, second have car sales have increased dramatically. No new cars are selling but the fact that second hand cars are should lift the gloom slightly! A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. I certainly don’t, but nothing wrong with trying to put selling the car in a positive light! It's up to us to talk up the model and get as much as we can for them. Nothing much really comes close to the wow factor this car can induce.

alz said: A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. You REALLY think thats the 'only thing harming the prices' ??!?!?!? Scary....

Porkie said: alz said: A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. You REALLY think thats the 'only thing harming the prices' ??!?!?!? Scary.... Plenty things skrewing up prices, but god isn't it boring.

alz said: The thing is, your car is worth exactly how much you want for it. You will always get people trying to chance their luck. If they really want the car trust me they will pay for it. Within reason obviously. The thing with this type of car is you generally want it before you go to see it (not always the case from hearing people on here) and you normally have to travel far to see them, what with the limited numbers. That to me says you, as a seller are already in a prominent position when it comes to the sale. From reading news articles and discussions on the net, second have car sales have increased dramatically. No new cars are selling but the fact that second hand cars are should lift the gloom slightly! A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. I certainly don’t, but nothing wrong with trying to put selling the car in a positive light! It's up to us to talk up the model and get as much as we can for them. Nothing much really comes close to the wow factor this car can induce. No, surely a car is worth what someone ELSE will pay for it. You can value it where you want, advertise it for a million if you want. Limited edition is pretty irrelevant too - the 997 GT2 is very limited edition for the UK but who cares as there are so many for sale....so the price falls off a cliff. Wish you were right on the importance of forums like PH though - that somehow it controls the market price. Think it might have slightly more to do with the huge amount of doom and gloom out there caused by the economy being total hell.

Porkie said: alz said: A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. You REALLY think thats the 'only thing harming the prices' ??!?!?!? Scary.... Folk that think a bit of internet banter can move markets (up or down) are living in a fantasy world.

PHOENIXUK said: Porkie said: alz said: A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. You REALLY think thats the 'only thing harming the prices' ??!?!?!? Scary.... Plenty things skrewing up prices, but god isn't it boring. It's not that boring I assume the quote above about people giving their 2pence worth was aimed at my post as I'm the only one who posted a price. It's a bit far fetched to think that people speculating on here is driving the current price drops. Having said that after looking around at the prices of GT2s yesterday I revised my original guesstimate as they actually seem to be holding out quite well, they're not selling but the prices aren't dropping I think there are a wide range of trade in prices for them at the moment. I don't really care what the prices are doing, I've decided to keep mine for as long as I can after driving a 997TT, there's nothing else I'd rather drive.

996GT2 said: PHOENIXUK said: Porkie said: alz said: A GT2 is a limited edition model and the only thing harming the price is people coming on to sites like pistonheads and giving there 2pence worth when they don't really know what they are talking about. You REALLY think thats the 'only thing harming the prices' ??!?!?!? Scary.... Plenty things skrewing up prices, but god isn't it boring. It's not that boring I assume the quote above about people giving their 2pence worth was aimed at my post as I'm the only one who posted a price. It's a bit far fetched to think that people speculating on here is driving the current price drops. Having said that after looking around at the prices of GT2s yesterday I revised my original guesstimate as they actually seem to be holding out quite well, they're not selling but the prices aren't dropping I think there are a wide range of trade in prices for them at the moment. I don't really care what the prices are doing, I've decided to keep mine for as long as I can after driving a 997TT, there's nothing else I'd rather drive.

996GT2 said: Having said that after looking around at the prices of GT2s yesterday I revised my original guesstimate as they actually seem to be holding out quite well, they're not selling but the prices aren't dropping classic

996GT2 said: ...looking around at the prices of GT2s yesterday... they're not selling but the prices aren't dropping

Porkie, Deltahedge, Deutscher, a resounding Lots of people on this forum think this forum has the power to drive down prices in general. As for the general doom and gloom, here's a taster for those interested. Yesterday I was part of an audience in which a a well respected economist had some pretty uncomfortable things to say about the next year or two. Whilst I disagree with some of his forecasts, I gently made the point that if they (economists, every political party) didn't know what would happen next year (as he specifically stated), it is unhelpful for them to create very negative forecasts that the media then whip up. Especially as some had access to data that suggested it was necessary to act in 2006! Anyway, where he and I agree is on the impact of the automotive sector on economic performance. Add financial services and with the former now following the latter, most cars for sale will be affected, some much more than others. You only need to look at the SMMT figures to see who is suffering most now. What the US Treasury, the Eurozone authorities and China do next, and how well it is co-ordinated, will have a bigger impact on prices than will any number of posts on PH when it comes to influencing prices of porkers. So, let's be optimistic folks, and here's hoping for the best.

Fair enough. I was talking nonsense (do that quite a bit), but lets take it easy!! Everything you read or hear, tells a different story as to what is going to happen or is happening. So like the last post says, lets inject a little optimsm into things. What will happen will happen!

Im going to put mine up for sale at £900,000. You never know, and I think its worth it

alz said: Fair enough. I was talking nonsense (do that quite a bit), but lets take it easy!! Everything you read or hear, tells a different story as to what is going to happen or is happening. So like the last post says, lets inject a little optimsm into things. What will happen will happen! Well said, I agree. Wasn't having a go with what I posted either Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel

996GT2 said: alz said: Fair enough. I was talking nonsense (do that quite a bit), but lets take it easy!! Everything you read or hear, tells a different story as to what is going to happen or is happening. So like the last post says, lets inject a little optimsm into things. What will happen will happen! Well said, I agree. Wasn't having a go with what I posted either Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel Sounds good, can we be the GT2 club and have like, track days and blogs and stuff like that...And anybody who advertises their car under £60k can't be in! Edited by PHOENIXUK on Friday 5th December 14:55

996GT2 said: Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel Erm, I think we already have. I'm no economist but where you have limited supply it's a sellers market. My GT2 is worth at least 55k, so as far as I'm concerned I'll have 55k in the bank or a GT2 in the garage. Makes no odds to me. Anyone thinking they can buy one for less needs to try and find a good one for less, then come back once they've failed. In the meantime I have to bear the cross of having to drive the thing on a regular basis. SM Edited by supermono on Friday 5th December 15:01

supermono said: 996GT2 said: Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel Erm, I think we already have. I'm no economist but where you have limited supply it's a sellers market. My GT2 is worth at least 55k, so as far as I'm concerned I'll have 55k in the bank or a GT2 in the garage. Makes no odds to me. Anyone thinking they can buy one for less needs to try and find a good one for less, then come back once they've failed. In the meantime I have to bear the cross of having to drive the thing on a regular basis. SM Edited by supermono on Friday 5th December 15:01 its a hard life.

PHOENIXUK said: 996GT2 said: alz said: Fair enough. I was talking nonsense (do that quite a bit), but lets take it easy!! Everything you read or hear, tells a different story as to what is going to happen or is happening. So like the last post says, lets inject a little optimsm into things. What will happen will happen! Well said, I agree. Wasn't having a go with what I posted either Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel Sounds good, can we be the GT2 club and have like, track days and blogs and stuff like that...And anybody who advertises their car under £60k can't be in! Edited by PHOENIXUK on Friday 5th December 14:55 The GT2 Club, like it, maybe we could all get that written all over our cars.

996GT2 said: PHOENIXUK said: 996GT2 said: alz said: Fair enough. I was talking nonsense (do that quite a bit), but lets take it easy!! Everything you read or hear, tells a different story as to what is going to happen or is happening. So like the last post says, lets inject a little optimsm into things. What will happen will happen! Well said, I agree. Wasn't having a go with what I posted either Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel Sounds good, can we be the GT2 club and have like, track days and blogs and stuff like that...And anybody who advertises their car under £60k can't be in! Edited by PHOENIXUK on Friday 5th December 14:55 The GT2 Club, like it, maybe we could all get that written all over our cars. Yehhh, you first then I'll copy yours

PHOENIXUK said: 996GT2 said: alz said: Fair enough. I was talking nonsense (do that quite a bit), but lets take it easy!! Everything you read or hear, tells a different story as to what is going to happen or is happening. So like the last post says, lets inject a little optimsm into things. What will happen will happen! Well said, I agree. Wasn't having a go with what I posted either Seeing as there's only about 80 cars in the UK I reckon we should all agree a bottom price that we won't go under, like a kind of GT2 owners cartel Sounds good, can we be the GT2 club and have like, track days and blogs and stuff like that...And anybody who advertises their car under £60k can't be in! Edited by PHOENIXUK on Friday 5th December 14:55 LOL I found this thread very amusing...a good laugh for a Friday. What people seem to forget is that Porsche seem to be doing their upmost to devalue the marque. Nobody aspires to own a porka these days. It's very sad, we loved our 996..a truly wonderful car, but I'm glad we sold it. The market has changed and at present there's very little any of us can do about it. Porsche used to make sports cars...they were excellent at it...in all honesty probably the best practical/robust sports cars in the world. Unfortunately they've lost direction and don't seem to know where they want to take the brand. You guys can hold on all you like, to be honest if you don't need the money keep them in the garage and treasure them, because the way this world is going there won't be many cars around like that again! That said, it's only a 911..which are as common as muck. And there will always be someone who needs the money has to lower their asking price...which is just the start. I think GT2 prices will eventually settle down to around the £40k mark...that is if people decide to sell them. But as someone pposted previously, the car is only worth as much as someone is willing to pay!

Very true. A car is only worth what people are willing to pay for it. And the problem lies in the people who have a large balloon payment and have to sell the car, however, if you look at the price of Ariel Atom's (different kettle of fish, but limited nonetheless) they are holding their prices and generally going for more than they cost originally. STAND FIRM ALL YOU GT2 OWNERS. I MAY NEED TO SELL THE CAR ONE DAY AND NEED THE MONEY! Until then, I'm going to have a jolly good time driving it like it was designed for. Well trying anyway!!

They're in such short supply they're bound to hold at these levels. They were already down to high 50s two years ago and if they're still there now (and I know of at least two purchases of proper money for straight cars) in the credit crunch, they will still be there afterwards. Sure carreras are ten a penny and I'm not really an expert other than one didn't even come close to tempting me out of my V8 M5 so they are part of the bloodbath. Turbos are great cars but they're just too easy to come by, so unfortunately they are too. That leaves GT3RS which is probably the most solid bet, closely followed by the mighty GT2 which though a better car is tarnished by the armchair racers who find (in their dreams) that the chassis/power/weight/whatever isn't quite up to the task because they're such fantastic drivers, and then GT3s, Mk1 I suppose then Mk2. All these cars are bound to fare quite well because of their scarcity. SM

Come on then who's is going to set up a GT2 owners club?

I'm in!

I'm in

Great first post - wonderful car and I WANT ONE

I'm in!

Me to please ! JWB

Can I still be in the GT2 club, have`nt had mine replaced yet, ongoing insurnace company s te................................. But another one will be coming as soon as they`ve paid out. Is anyone still using theres in this weather?? ...Braver to say the least! Cheers Stevie F THE GT2 SHUNTER

It's an absolute nightmare in this weather. I'm just to afraid to give it full throttle as you can never really tell the road surface. I've had a couple of bum clenching moments to prove it!!I'm going to garage it and use it sparingly over the winter. I have to garage it at my parents as it's too low to get in mine. Everytime I phone home though, my Dad seams to be out in it. Probably telling everone it's his!!

Still use mine mainly at weekends though. Just have to be careful, wouldn't fancy a track biased set up in these conditions though.

My GT2 is worth £150K I will accept nothing less. I maybe keeping it a while me thinks. Nuff said. GT2 Club, count me in. Edited by Ash 996 GT2 on Saturday 6th December 12:09

Mr Phoenixux picked his today ! Looked the b ks ! JWB

johnnywishbone said: Mr Phoenixux picked his today ! Looked the b ks ! JWB Not any more fella, decidedly grey now! Who's goin to be club captain then?

Get him washed matey ! And some better picks ! All the best JWB

THE ABOVE BLOKES A MESSER !! Edited by sambaman on Saturday 6th December 14:48

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Holy thread resurrection! They seem to be £150,000 to £200,000 now.

Bought mine in 2008 and it is still in my garage. Who else still ownes his 996GT2?