996 GT3/GT2 Values

[LeinsCSL]

With all this talk of CSL values and demand recently, are we going to see something happen that I never thought would, i.e. CSL values overtake those of GT3s? Or will they provide some sort of "cap" to them?

And speaking of 996s, GT2s seem to be hovering around the mid-£40ks for a long time now. No-one on here been tempted to take the plunge?

[73CSL]

I reckon 996 GT3's are going to stabilise in price around the £35K area .. could be wrong though as it dpeends what happens to the price of 997 GT3's , if they start falling it might have an impact on the 996's

Also think the new 991GT3 is too much a step away from the original ideal and this will keep demand for the earlier cars strong.

I've just got out of a modded 996 turbo and I still think these have some depreciation to go yet. There are a lot of Turbos around & the 997 Turbo has started dropping below £40K

GT2's are a special market .. not many decent cars left but also most buyers who want a track focussed machine tend to go for the NA GT3 . Prices should hold .

Can't really see prices increasing though.

Of course , I could be wrong about all the above

[Mike R]

996 GT3 RS's seem to be the equivalent of the CSLs, due to being built as an extreme road car and a similarly limited production run (the designer even admitting he can't believe that Porsche ever signed off such an extreme car for use on the road), and all the Porsche afficionados say that it is the best GT3 to own (and this comes from people that have either owned or still own other GT3s) from a driver's perspective.

Good examples are almost £60k and they're on the up, which buys a 997 GT3 or a doggy 997 GT2 .

[HFLagos]

Originally Posted by LeinsCSL

With all this talk of CSL values and demand recently, are we going to see something happen that I never thought would, i.e. CSL values overtake those of GT3s? Or will they provide some sort of "cap" to them?

And speaking of 996s, GT2s seem to be hovering around the mid-£40ks for a long time now. No-one on here been tempted to take the plunge?

We certainly know that demand is pretty strong at the moment for CSLs, but it does not appear to be that prices are significantly rising at the moment as we speak. Though there has been a general increase over the last 12-18 months.

In terms of CSL vs. 996 GT3, both cars have their pricing dictated to some extent by mileage. At the moment, like for like mileage, GT3's are generally £8-10k more expensive. I'm sure some of the GT3 fans on PH will go in to meltdown if prices ever overlap.....

Regards the pricing for 996 GT3 RS's, actually the prices are not rising in my opinion. The spread used to be £58k to £67k, now they are generally all sub £60k, struggling to sell. One of the main issues is the whole thing around Range 1/2 over-revs, it's gained more prominence and a few cars have been on sale for a while now because they've got RR1/RR2 instances.

996 GT2 Mk1 prices have continued to soften and are very hard to shift. Very few 996 GT2 Mk2 examples came to the UK (c.16 examples), those are the ones which never come up for sale and are priced £15k higher than Mk1's.

Long term, a low miles 996 GT3 RS with no rev issues is a good place to put money. As is any kind of CSL !

[LeinsCSL]

Originally Posted by HFLagos

We certainly know that demand is pretty strong at the moment for CSLs, but it does not appear to be that prices are significantly rising at the moment as we speak. Though there has been a general increase over the last 12-18 months.

In terms of CSL vs. 996 GT3, both cars have their pricing dictated to some extent by mileage. At the moment, like for like mileage, GT3's are generally £8-10k more expensive. I'm sure some of the GT3 fans on PH will go in to meltdown if prices ever overlap.....

Regards the pricing for 996 GT3 RS's, actually the prices are not rising in my opinion. The spread used to be £58k to £67k, now they are generally all sub £60k, struggling to sell. One of the main issues is the whole thing around Range 1/2 over-revs, it's gained more prominence and a few cars have been on sale for a while now because they've got RR1/RR2 instances.

996 GT2 Mk1 prices have continued to soften and are very hard to shift. Very few 996 GT2 Mk2 examples came to the UK (c.16 examples), those are the ones which never come up for sale and are priced £15k higher than Mk1's.

Long term, a low miles 996 GT3 RS with no rev issues is a good place to put money. As is any kind of CSL !

Any idea why the GT2s are hard to shift? Is it the "Widowmaker" tag, or are they perceived as being too closely related to the 4WD Turbos?

The issue I have with the 996 GT3 RS is that they are not too distantly priced from 964 RSs, which are something of a holy grail for me personally

[HFLagos]

Originally Posted by LeinsCSL

Any idea why the GT2s are hard to shift? Is it the "Widowmaker" tag, or are they perceived as being too closely related to the 4WD Turbos?

The issue I have with the 996 GT3 RS is that they are not too distantly priced from 964 RSs, which are something of a holy grail for me personally

As you say, I think the widowmaker tag has put enough people off (and ofcourse the Turbos and GT3s are very good cars too), plus it seems like a minefield out there in terms of actually finding one with great provenance and no "stories".

I love the 964 RS too, 993 RS a bit more! Would happily take either over a 996 RS, just can't get over how they look.

Always a nice selection of 64/93 RS's at Pannhorst ( http://www.pannhorst-classics.com/en...ehicle-offers/ ) and Thomas Schmitz's place ( http://www.germansportscars.net/GB/cars-for-sale.php )

[RonBurgandy]

I've been to look at two since crimbo both of which for a 40k plus car have been a little poorly presented, i walked away from as many CSL's with poor history and again just generally wrong cars, and again for a mid 20k car you'd expect better. Its the WidowMaker tag that kinda floats my boat, along with the power and the road presence. I guess its the same when on the lookout for your purfect CSL you want good miles, great history along with decent spec's and as i think they only made 100 or so GT2's your picking's slim.

[Straightsix]

I remember when the 996 GT2 came out when I was at school :-)

What do u guys think of the 993 Carrera 2S Coupe with Porsche Manual Gearbox or 993 Turbo with Porsche Manual Gearbox ?

[niall1]

Originally Posted by HFLagos

In terms of CSL vs. 996 GT3, both cars have their pricing dictated to some extent by mileage. At the moment, like for like mileage, GT3's are generally £8-10k more expensive.

One of the main issues is the whole thing around Range 1/2 over-revs, it's gained more prominence and a few cars have been on sale for a while now because they've got RR1/RR2 instances.

Long term, a low miles 996 GT3 RS with no rev issues is a good place to put money. As is any kind of CSL !

What he said. The RR2 incidents are the ones to watch potentially signifying a misslotted gear on downshift. Apparently if the car has done more than 50 hours since the RR2 any damage would already have shown itself. Look at the limiters on the cup cars to see what these engines can really take (good German over engineered and understressed production techniques/limits).

On GT3's the 996.1 appears to be on the way back up. A lot of BS on them being 'exclusively hand built', etc. which add's to the 'rarity value' that sellers often quote. The 996.2 is the better, faster car and the last of the analogue GT's with no electronic aids or Sport buttons. I think their values have close to bottomed and have already read ad's maligning the new automatic GT3 and it's electronic wizardry. It is difficult to believe that with the Club Sport and RS variants, that a mainstream manufacturer signed them into production.

Almost bings you back to the good old days of Group B motorsport!

[Pip1968]

Yes I got a 996.2 GT3 as I could not afford a GT3 RS that I really wanted and now want to keep the older 'analogue' one and get a 997 GT3 RS as well. Unfortunatley my wife says I will have to get rid of one of my other cars first .

I was hoping that the GT3 RS prices would drop with the arrival of the 991 but I fear it appears to have been so badly received that many will keep their old GT3 RSs. I can only hope that the 991 GT3 RS is offered in a manual variant.

Greed is good.

Pip