997 GT2 Real world prices - Page 3 - 911/Carrera GT - PistonHeads UK

997GT2 pricing seems a bit like 996s: prices at dealers are very high yet looking at sold prices at CC for example, people are paying less. 140 retail. 110/120 auction. Not enough examples but I'm thinking given how much I enjoyed my 996GT2 for years, a 997 might be something I should consider. With a couple at dealers priced at what you could almost claim are speculative prices and waiting for as long as it takes, do people make substantiated market price bids and buy that way? Edited by supermono on Wednesday 23 July 08:50

Looks like one European LHD sold on CC for 182k Euros in December and one UK RHD in August for 106k GBP. The others were all in the US. https://www.classic.com/veh/2009-porsche-911-997-g... https://www.classic.com/veh/2008-porsche-911-997-g...

This is the type of rare model that is speculated by many. Its a model that could appreciate significantly in the future. I believe it will, but there's no guarantee of course. That makes it difficult to value accurately and leads to a wide spread of prices. There being so few for sale, just exacerbates the effect. I would concentrate on finding a good car with good history and a decent spec/colour. It needs to be desirable. And yes, you may pay a little more.

I think in terms of substantial appreciation, the 997 GT2 has the same problem that my 997.2 RS has - there is the RS respectively the 4.0 sitting above those 2 cars. So the collectors will want one of those and not the "second best" version. My money would be on a 996.2 GT2 being the one to go for (albeit that is probably already a 250-300k Euro car). I struggle with seeing people who buy to drive paying very large amounts of money for these cars. I love them both and dearly miss my GT2 CS (stupid mistake to crash that one...), if I had the money I would love to buy another one and revisit it 10 years after I nearly killed myself in it, they are exhilarating cars imo.

I'd be wary of any "auction" result for a Mezger era GT Porsche, they truly aren't a car you should be buying at auction unless you can get a day at a specialist to look it over. Consider the previous few 996 GT3s sold (or unsold) on CC, look at the service histories, these cars can absolutely muller your wallet, not to mention hidden accident repairs and shady histories. Way more than something modern that should hopefully be in good repair, the value in a Mezger for sale is in the work that's been done and if there's anything that's damaged you could be in for a big shock. My gearbox rebuild was circa £10k and that was getting on for fifteen years ago!

Super special the GT2 just check that there are no rev range 5 or 6 as this makes them difficult to sell on. The GT2 clutch wasn’t up the job cold mornings so it was easy enough to get clutch slip on the stock clutch causing RR 5, 6. Most GT2s should have the updated GT2 RS clutch by now retrofitted. If I was buying I would put in a bid at the top end of your budget for one. I don’t think they’re selling at over list dealers just trying their luck. The ones I’ve seen at auction have been nice ones nothing wrong with them maybe just a bit leggy for a GT2 for the investor/collector type. The mezger has quite a few weaknesses like spun camshafts and loose coolant hoses as they’re glued in you’ll be familiar with all the issues having had 996 turbo and GT2 in the past. Tough choice between one of these and a 991.2 GT3! I love the GT2 looks best looking 997 for me.

Build one: https://youtu.be/sPpPhdPIPok?si=UhnakhyIltzsxdrM

Probably a bit late for your research SM but we're about to find out by the looks of things... https://collectingcars.com/for-sale/2008-porsche-9...

I keep an eye on them as I d love to add one to the garage. I ve always felt they re a little bit too much. Almost bought one from JZM but we were £5k or £10k apart. It had a RR5 so I left it. At auction they ve made less than I offered JZM. I think the problem for the GT2 now is at similar budget or a smidge more I d go for a 720s. Maybe not quite as rugged as the Porsche but it s a different level of fast. Wasn t liked by many on PH but I love the R Red GT2 that s done 50,000 miles. No guilt to pile on more miles on it

IMI A said: Super special the GT2 just check that there are no rev range 5 or 6 as this makes them difficult to sell on. The GT2 clutch wasn t up the job cold mornings so it was easy enough to get clutch slip on the stock clutch causing RR 5, 6. Most GT2s should have the updated GT2 RS clutch by now retrofitted. If I was buying I would put in a bid at the top end of your budget for one. I don t think they re selling at over list dealers just trying their luck. The ones I ve seen at auction have been nice ones nothing wrong with them maybe just a bit leggy for a GT2 for the investor/collector type. The mezger has quite a few weaknesses like spun camshafts and loose coolant hoses as they re glued in you ll be familiar with all the issues having had 996 turbo and GT2 in the past. Tough choice between one of these and a 991.2 GT3! How does a slipping clutch lead to an RR 5 or 6? I would have expected only a downshift into too low a gear could do that?

AW10 said: IMI A said: Super special the GT2 just check that there are no rev range 5 or 6 as this makes them difficult to sell on. The GT2 clutch wasn t up the job cold mornings so it was easy enough to get clutch slip on the stock clutch causing RR 5, 6. Most GT2s should have the updated GT2 RS clutch by now retrofitted. If I was buying I would put in a bid at the top end of your budget for one. I don t think they re selling at over list dealers just trying their luck. The ones I ve seen at auction have been nice ones nothing wrong with them maybe just a bit leggy for a GT2 for the investor/collector type. The mezger has quite a few weaknesses like spun camshafts and loose coolant hoses as they re glued in you ll be familiar with all the issues having had 996 turbo and GT2 in the past. Tough choice between one of these and a 991.2 GT3! How does a slipping clutch lead to an RR 5 or 6? I would have expected only a downshift into too low a gear could do that? No idea this was explanation given to me by Russ at JZM when I was viewing a GT2 with a view to buying. It had a RR5 not 6.

IMI A said: AW10 said: IMI A said: Super special the GT2 just check that there are no rev range 5 or 6 as this makes them difficult to sell on. The GT2 clutch wasn t up the job cold mornings so it was easy enough to get clutch slip on the stock clutch causing RR 5, 6. Most GT2s should have the updated GT2 RS clutch by now retrofitted. If I was buying I would put in a bid at the top end of your budget for one. I don t think they re selling at over list dealers just trying their luck. The ones I ve seen at auction have been nice ones nothing wrong with them maybe just a bit leggy for a GT2 for the investor/collector type. The mezger has quite a few weaknesses like spun camshafts and loose coolant hoses as they re glued in you ll be familiar with all the issues having had 996 turbo and GT2 in the past. Tough choice between one of these and a 991.2 GT3! How does a slipping clutch lead to an RR 5 or 6? I would have expected only a downshift into too low a gear could do that? No idea this was explanation given to me by Russ at JZM when I was viewing a GT2 with a view to buying. It had a RR5 not 6. Chinny reckon?!

I sold a RHD car (ex New Zealand) a couple of years ago for £130k. I think that’s where they should be.

I sold a RHD car (ex New Zealand) a couple of years ago for £130k. I think that’s where they should be.

I know Pistonheads is primarily for car dealer/value talk but I love the video below, not a lot to see but very reassuring of Porsche prowess in the ultimate high speed stability and cleverness of the PASM on their road cars. Fast forward to 1:20 https://www.youtube.com/watch?v=yG96u_qm9Ls

I sold a RHD car (ex New Zealand) a couple of years ago for £130k. I think that’s where they should be.

Does anyone have examples of any ex-NZ cars being sold a couple of years ago?

The only (only) way of getting an engine past the redline is by changing into a gear too low for the speed. A slipping clutch, an accidental neutral or anything else cannot cause the engine to overrev. Increasing revs however quickly will immediately stop increasing when fuelling/spark stops. Increase in RPM doesn’t have “momentum” as it were. However, my 996GT2 had a few revs recorded beyond the redline, but hardly any — like 100 ignitions or something. This happened during my ownership where I was the only driver and I GUARANTEE I didn’t mechanically overrev it. I did rarely hit the redline though and I’m convinced there is some buggy software in the ECU that recorded revlimiter action as overrevs. Not sure if the 997 version of the ECU did the same thing but I doubt it.

PRO5T said: Probably a bit late for your research SM but we're about to find out by the looks of things... https://collectingcars.com/for-sale/2008-porsche-9... Slightly late yes as I’ve just bought a 991.2 turbo s…. I’ll watch with interest, but I’m comfortable that for £100k my purchase is something I’m pleased to have done. Saying that, if this with this mileage goes for early 100s, like 110 or less I may be a bit upset I think with these rare cars appearing on CC I’m a little sceptical as to their condition because you’d imagine they’d be snapped up by the likes of 911v or JZM if they were a true “no stories” example. Based on pure speculation BTW, I bought a perfectly lovely 190e manual a few years ago from there and a couple of good motorbikes too.

supermono said: The only (only) way of getting an engine past the redline is by changing into a gear too low for the speed. A slipping clutch, an accidental neutral or anything else cannot cause the engine to overrev. Increasing revs however quickly will immediately stop increasing when fuelling/spark stops. Increase in RPM doesn t have momentum as it were. However, my 996GT2 had a few revs recorded beyond the redline, but hardly any like 100 ignitions or something. This happened during my ownership where I was the only driver and I GUARANTEE I didn t mechanically overrev it. I did rarely hit the redline though and I m convinced there is some buggy software in the ECU that recorded revlimiter action as overrevs. Not sure if the 997 version of the ECU did the same thing but I doubt it. I've got plenty of 997GT2 Durametric data from back in the day where 79XXrpm was registered during a gearchange, I've posted a screenshot below you can see it's not likely to be real but that may well stick in the ECU as a Range 5

I get the speculation SM about cars going to auction but by the same margin I’d rather buy from some private buyers than pay a dealers margin for the next to nothing they do. Especially with the cars I’m looking at (GT4 and RS) as they’re all under manufacturers warranty anyway. So what am I paying the specialist £10k + for? Money for old rope with a lot of them, I’d rather deal with someone themselves. CC fees I simply subtract from what I would pay and think of it as simply an advertising cost.

This black one was for sale at JZM not long ago at £130k. Australia C23. Looked very nice and sold quickly for a GT2 with the UK cars being £30k more for one with similar miles. https://jzmporsche.com/cars/porsche-997-p0478/

supermono said: Does anyone have examples of any ex-NZ cars being sold a couple of years ago? Yep, I believe 3 went over there. All sold for £130K. I think that's about where they should be...

TB993tt said: I've got plenty of 997GT2 Durametric data from back in the day where 79XXrpm was registered during a gearchange, I've posted a screenshot below you can see it's not likely to be real but that may well stick in the ECU as a Range 5 Yep, not uncommon, happened on 996 Turbo/GT2 also.

This has turned into a most excellent thread. I’m worried that White GT2 will go for 100k and annoy me However I am reassuring myself that I’ve bought right with the turbo s as I’m not a nutjob any more. Regarding the rev ranges that’s really interesting. People rightly worry about seeing them recently in the history and annoyingly I once had to pay Porsche to investigate my engine (compression and other things) before renewing the warranty one year. When I was 100% certain it hadn’t been over revved. In fact the recording was made only a few hours before they discovered it, and I think I even recalled exactly when I hit the limiter in 2nd gear on a road I knew a week or two earlier. (throttle got stuck open, officer, I was terrified but fortunately it rectified itself quickly, etc)

supermono said: This has turned into a most excellent thread. I m worried that White GT2 will go for 100k and annoy me However I am reassuring myself that I ve bought right with the turbo s as I m not a nutjob any more. There is zero chance a GT2 is going for £100K unless CoPart are selling it.

Does anybody know of anyone who happens to hire out a regular 997 GT2 preferably in white without the daft door graphics stating the model? Classic Parade allegedly have one for £1000 day hire with the usual 5k deposit, 200 miles et al...just getting feedback that their not all that or perhaps are? either way its my 50th birthday in October and I'm attempting to find & then pay what's required just to drive one on the public road from Hereford over to the dams at Rhayader with my girl. Cant really put it any more clear than that.

Jones the cat said: There is zero chance a GT2 is going for £100K unless CoPart are selling it. Absolutely, I wasn’t expecting to be annoyed.

fullleather said: Does anybody know of anyone who happens to hire out a regular 997 GT2 preferably in white without the daft door graphics stating the model? Classic Parade allegedly have one for £1000 day hire with the usual 5k deposit, 200 miles et al...just getting feedback that their not all that or perhaps are? either way its my 50th birthday in October and I'm attempting to find & then pay what's required just to drive one on the public road from Hereford over to the dams at Rhayader with my girl. Cant really put it any more clear than that. Why would door graphics affect your decision on the ride?

You’re quite right, they shouldn’t and they would not.

fullleather said: You re quite right, they shouldn t and they would not. This company has one for sale but its a ways away from Herefordshire https://www.porsche-hire.co.uk/prices I imagine you could always pay the extra to get it trailered to you which they offer. Seems like you need £2million insurance cover though. Edited by Jones the cat on Tuesday 29th July 23:09

https://collectingcars.com/for-sale/2008-porsche-9... Let’s see what this reaches. Stuck at 106k or so at the moment (buyer gets 98k after fees paid) Obvs not reached reserve and obvs they go quicker at the end.

Collecting cars purchase price so far around 130k (seller gets only 123k after fees paid). Two hours left so for sure will rise a bit, but reserve not yet met. https://collectingcars.com/for-sale/2008-porsche-9...

It went for 132k in the end which to my mind is tremendously good value. In fact had I not bought the Turbo S I may have been tempted to pony up the extra 35k for this. After fees the seller got 128k and that doesn't seem like a lot considering the low mileage and supposedly excellent condition. This may be one of those cars in 10 years time we'll be kicking ourselves about managing to steal for so little money! Anyway, great to see one going through, what a beauty.

Sold for £135,200 inc fees. A fair deal if you're looking for a nice GT2. Owners were quite high but not unusual on a GT. Looks lovely.

I think they are ridiculously under appreciated and undervalued Much rarer than a 997 RS and I think only 330ish CS cars built I really wish I had not crashed mine Paid 95k Euros for a red CS with c 50k km in the clock, managed to add 10k in 4 months - really useable cars imo

MDL111 said: I think they are ridiculously under appreciated and undervalued Much rarer than a 997 RS and I think only 330ish CS cars built I really wish I had not crashed mine Paid 95k Euros for a red CS with c 50k km in the clock, managed to add 10k in 4 months - really useable cars imo Yep. My 996GT2 was absolutely awesome I only sold because I needed money for a house move. 14 years of joy. The 997 is the same but better. One hell of a car.

supermono said: MDL111 said: I think they are ridiculously under appreciated and undervalued Much rarer than a 997 RS and I think only 330ish CS cars built I really wish I had not crashed mine Paid 95k Euros for a red CS with c 50k km in the clock, managed to add 10k in 4 months - really useable cars imo Yep. My 996GT2 was absolutely awesome I only sold because I needed money for a house move. 14 years of joy. The 997 is the same but better. One hell of a car. I have never driven a 996, but to me it looks so much better than the 997. Only bought the 997 as I could not find a good 996 CS at the time (and I liked the additional horsepower ....). I remember I nearly bought a 599 instead but the deal fell apart at the last minute and then I went back to random car searches and the GT2 had been for sale for ages, so in the end I thought this looks awesome value, let's just buy it. I was really positively surprised when I first drove it. Was delivered 4th of December and I wrecked it 4th of March - still proud I managed 10k km on Cup 1 in winter in Germany and Scotland - I was a bit dumb then clearly, luckily I got the opportunity to learn from it

It’s funny how these look so good in white, I think this one that just sold has had the middle sills painted white giving it a slightly ‘chubby’ appearance? The one for sale at VVS looks perfect as in original finish, not sure how long they’ve had for sale but it’s been quite a while.

fullleather said: It’s funny how these look so good in white, I think this one that just sold has had the middle sills painted white giving it a slightly ‘chubby’ appearance? The one for sale at VVS looks perfect as in original finish, not sure how long they’ve had for sale but it’s been quite a while. Painted side skirts were a Porsche Exclusive option, code XAJ, and £351.49

fullleather said: It’s funny how these look so good in white, I think this one that just sold has had the middle sills painted white giving it a slightly ‘chubby’ appearance? The one for sale at VVS looks perfect as in original finish, not sure how long they’ve had for sale but it’s been quite a while. When I was there think I notied it doesn't have the PCCB fitted any more so it's not original. Wouldn't be easy getting those replaced and for this reason I think the one on CC was a heck of a lot cheaper and with lower miles and PCCB, assuming no hidden stories, feels like a really good priced deal. If I was selling that I'd be disappointed getting only 128k after the fees. The price paid of 135k feels decent but seller set the reserve to fair play to all.