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    Have Carrera GT prices stabilized and started appreciating?

    I was doing a search online of prices of Carrera GT's worldwide. It seems that they have stabilized and are appreciating? Or is it just me?

    Any comments would truly be appreciated. Thanks!


    Re: Have Carrera GT prices stabilized and started appreciating?

    Most of the 1270 or so produced have been written off in crashes, surprisingly I was checking the Autotrader  for Carrera GT's and apparently there are only 3 for sale with the cheapest selling for £250k. I doubt if they will depreciate further since there are only a few cars left out there.

    Mike, are you planning to get one? by the way congrats on the SL Smiley


    --
    There's only one car, there's only one Porsche


    Re: Have Carrera GT prices stabilized and started appreciating?

    Mike S:

    I was doing a search online of prices of Carrera GT's worldwide. It seems that they have stabilized and are appreciating? Or is it just me?

    Any comments would truly be appreciated. Thanks!

    Rossi, are you thinking what I'm thinking??? Smiley

    Ooops! Wasn't the Carrera GT only built as a LHD car? Smiley

     


    --

    fritz


    Re: Have Carrera GT prices stabilized and started appreciating?

    Pkease Mike, PLEASE buy one! Can't wait to see the pictures of a nice black CGT in your stable! ;-)


    --

    Porsche, seperates LeMans from LeBoys

    Re: Have Carrera GT prices stabilized and started appreciating?

    I'm doing some wishful thinking for next year. The car itself is artwork, I could live with never having to drive it....legally


    Re: Have Carrera GT prices stabilized and started appreciating?

    Italo:

    Most of the 1270 or so produced have been written off in crashes, surprisingly I was checking the Autotrader  for Carrera GT's and apparently there are only 3 for sale with the cheapest selling for £250k. I doubt if they will depreciate further since there are only a few cars left out there.

    Mike, are you planning to get one? by the way congrats on the SL Smiley

     

    Thanks for your insight Italo, much appreciated! Smiley

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    Italo:

    Most of the 1270 or so produced have been written off in crashes

     

    Why? What is your source for this statement?Smiley


    --

    987 Boxster S, Arctic Silver, H&R Monotube Coil-Overs and Anti Roll Bars, Strut Brace, FVD Stage 1, Sachs Racing Clutch and Single-Mass Flywheel, Recaro Racing Shells, PSE.

    997 Carrera 4S, Guards Red, H&R Sport Springs, IPD Plenum, Dension Gateway 500, PSE.


    Re: Have Carrera GT prices stabilized and started appreciating?

     I have been checking prices on CGT's for the last two months and agree with you that prices have bottomed out. I saw minimums of about US$250 and are now back to the US$350+ levels. bummer!


    Re: Have Carrera GT prices stabilized and started appreciating?

    Lorenzo:

     I have been checking prices on CGT's for the last two months and agree with you that prices have bottomed out. I saw minimums of about US$250 and are now back to the US$350+ levels. bummer!


    So if I understand you correctly, they have no only bottomed out but appear to have started to climb again. Is that right?  Smiley


    --

    fritz


    Re: Have Carrera GT prices stabilized and started appreciating?

    bluelines:
    Italo:

    Most of the 1270 or so produced have been written off in crashes

     

    Why? What is your source for this statement?Smiley


    We've all seen a few of these crashed cars posted on RTand we all know the car is a handful to drive.


    --
    There's only one car, there's only one Porsche

    Re: Have Carrera GT prices stabilized and started appreciating?

    Italo:
    bluelines:
    Italo:

    Most of the 1270 or so produced have been written off in crashes

     

    Why? What is your source for this statement?Smiley


    We've all seen a few of these crashed cars posted on RTand we all know the car is a handful to drive.

    I figure about 5 to 10% of them have crashed. So that means between 50 to 100 cars. BUT i bet 50% of those that crashed have been repaired.. i doubt "most" of them are gone... there's at least 1000 left driving the streets.
     


    --

    1980 Mercedes-Benz 240d 2.4L Diesel 74 hp Olive Green on Tan or Black on red (looking to buy) 
    1986 BMW 325e 5spd 2.7L 121 hp (172 lb·ft) Le Mans Blau on Tan leather.
    1986 BMW 325is 5spd 2.5L 168 hp (164 lb-ft) White on Tan leather (parted out) 
    2005 Ford Focus S, 5spd 2.0L 136 hp (120lb-ft) CD silver on grey (sold)
    1986 Porsche 944, 5spd 2.5L 150 hp (168lb-ft) champagne gold on grown leather. (sold)


    Re: Have Carrera GT prices stabilized and started appreciating?

    fritz:
    Mike S:

    I was doing a search online of prices of Carrera GT's worldwide. It seems that they have stabilized and are appreciating? Or is it just me?

    Any comments would truly be appreciated. Thanks!

    Rossi, are you thinking what I'm thinking??? Smiley 


    Fritz, the very first second I saw the topic. Smiley
     


    --

    The secret of life is to admire without desiring.


    Re: Have Carrera GT prices stabilized and started appreciating?

    Mike S:
    Italo:

    Most of the 1270 or so produced have been written off in crashes, surprisingly I was checking the Autotrader  for Carrera GT's and apparently there are only 3 for sale with the cheapest selling for £250k. I doubt if they will depreciate further since there are only a few cars left out there.

    Mike, are you planning to get one? by the way congrats on the SL Smiley

     

    Thanks for your insight Italo, much appreciated! Smiley

     

    Utter nonsense!
     

    How could MOST of the 1270 cars be gone??? Half of them are probably not driven, and I'd say 10% max have been written off.

    Mike S,

    Trust my advice get the car!!! It is sensationnal, by far my favorite in my stable, which has yet again grown, it is not the most versatile, my 599 HGTE is, by it is the most exhilirating.

    My Scud is quicker round a short twisty track but the GT is a work of art, pure engineering porn.

    I fitted mine with the Tubi silencer, the standard exhaust is too quiet, the straight pipes were too loud.

    Here, I tell you what my Rennteam friend, if you buy a GT, I'll send you my Tubi straight pipe to SA as a welcome gift to the Carrera GT fans!

    All the best,

    F

     

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    DSC00797.JPGI've just fitted also some grills for the front bumper, highly recommended as without some, your radiator become swiss cheese, especially on trackdays...

     

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    Futch:
    Mike S:
    Italo:

    Most of the 1270 or so produced have been written off in crashes, surprisingly I was checking the Autotrader  for Carrera GT's and apparently there are only 3 for sale with the cheapest selling for £250k. I doubt if they will depreciate further since there are only a few cars left out there.

    Mike, are you planning to get one? by the way congrats on the SL Smiley

     

    Thanks for your insight Italo, much appreciated! Smiley

     

    Utter nonsense!
     

    How could MOST of the 1270 cars be gone??? Half of them are probably not driven, and I'd say 10% max have been written off.

    Mike S,

    Trust my advice get the car!!! It is sensationnal, by far my favorite in my stable, which has yet again grown, it is not the most versatile, my 599 HGTE is, by it is the most exhilirating.

    My Scud is quicker round a short twisty track but the GT is a work of art, pure engineering porn.

    I fitted mine with the Tubi silencer, the standard exhaust is too quiet, the straight pipes were too loud.

    Here, I tell you what my Rennteam friend, if you buy a GT, I'll send you my Tubi straight pipe to SA as a welcome gift to the Carrera GT fans!

    All the best,

    F

     

     

     

    Utter nonsense Smiley  10% of a car that is no more produced have been written off in crashes in my books seems to be a  lot. Compare the figure to the F40 which were produced and are still in existence. they both deliver the same thrill and are both rare gems.

     

    Also, try as much as possible to be polite when replying to posts !


    --
    There's only one car, there's only one Porsche

    Re: Have Carrera GT prices stabilized and started appreciating?

    Dear sir,

    I don't understand your posts, first you say that most of the 1270 cars have been written off, then you say that 10% is actually a lot. You are contradicting yourself.

    Which one do you mean?

    Please accept my most sincere apologies if you thought my tone was offensive,

    Kindest regards and have a wonderful day!

    F

    PS: Back on the subject, MikeS, price is good and stabilised, at least here in the UK, trust me, get it!

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    Dear Sir,

     

    apologies accepted, there is no contradiction in my statement when you look at the overall cars produced sir. 10% within 5 years is a lot sir, especially when compared to the F40 and other limited production cars.

     

    PS: MikeS, Carrea GT is still one of the best cars ever produced and if I could afford one, I definitely will go for it !


    --
    There's only one car, there's only one Porsche

    Re: Have Carrera GT prices stabilized and started appreciating?

    Italo:

    Dear Sir,

     

    apologies accepted, there is no contradiction in my statement when you look at the overall cars produced sir. 10% within 5 years is a lot sir, especially when compared to the F40 and other limited production cars.

     

    PS: MikeS, Carrea GT is still one of the best cars ever produced and if I could afford one, I definitely will go for it !

    I am getting very confused here.
     

    Are you the same user who wrote in the beginning of this thread that almost all of the 1270 GT were written off?

    Surely when you wrote "almost" you meant more than 10%?

     

    Regardless, Mike, if the law stipulates it's fine to drive LHD cars in the SA, then it's a no brainer. I seem to remember you like big fast cars like the LP etc. Then you will love the GT.

    It is a gem to drive, the clutch is not as bad as people say it is and the car is not dangerous, as lons as you drive it properly, my recommendation is to take a couple of driving courses with a pro and you will see, the GT rewards like no other car.

    I have covered almost 15,000 km in 18 months and I like it more everytime I take it out, anywhere, anytime, sun, rain, summer, winter, even snow once! Don't try the latter, although in SA, you should be safe! Smiley

    Good luck with finding one!Smiley

    If you're looking for a UK specced car, there are a couple on Pistonheads I think, otherwise PM me and I'll put you in touch with the right guys at Reading. They're the experts for the UK.

    _DSC8726.jpg

     

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    I like this web-page a lot for dreaming around - currently it lists 23....

    http://www.dupontregistry.com/autos/Search/DRauSearchCategoriesModels.aspx?makeid=60&makename=Porsche&catid=1

    amazing prices they have in the states.....


    Re: Have Carrera GT prices stabilized and started appreciating?

    BjoernB:

    I like this web-page a lot for dreaming around - currently it lists 23....

    http://www.dupontregistry.com/autos/Search/DRauSearchCategoriesModels.aspx?makeid=60&makename=Porsche&catid=1

    amazing prices they have in the states.....


    now I believe that 604 of the 1270 produced went to the US


    --
    There's only one car, there's only one Porsche

    Re: Have Carrera GT prices stabilized and started appreciating?

    Italo:
    bluelines:
    Italo:

    Most of the 1270 or so produced have been written off in crashes

     

    Why? What is your source for this statement?Smiley


    We've all seen a few of these crashed cars posted on RTand we all know the car is a handful to drive.


    The CGT has no PSM. It's a very powerful, very fast car that requires relatively greater care and concentration when driving it. One needs to respect it, one mustn't be complacent i.e. one should not overestimate one's own driving talent/abilities. Smiley

    Yes, it's true that the internet has various photos of CGTs that have crashed because whoever was driving it (owners, potential owners on a test drive, journalists, salesmen etc etc) did not show the car the proper respect.

    As for why one sees these photos on the internet, one should not forget the schadenfreude of those who are jealous and who take special pleasure in seeing the mishaps of those with money i.e. the fact that it's a CGT that has crashed means that it gets singled out for extra attention Smiley

    However, without pointing to concrete data, one cannot make an unsubstantiated statement that "Most of the 1270 or so produced have been written off in crashes".

    "Most" expressly means that, regarding the fate of the CGTs that have been produced, the highest number of them falls into the category of 'crashed cars', as opposed to other categories (e.g. cars in private collections, cars currently driven on the road or track, cars in museums etc etc). It is simply not the case IMO that most of the CGTs produced have been crashed and any hard data would no doubt confirm this.

    Even the 5-10% and 10% percentages are mere 'guesstimates'.

    Futch simply reacted to what seemed to him to be so obviously an untrue statement but his reaction serves as a reminder that one does need to be careful when making casual statements like this without hard data.Smiley The internet is full of meaningless comments - but one hopes that those at RT take much more care before posting. Only then can RT be a more reliable forum than the others.

    I think the CGT is a car that truly rewards those who take sufficient care when driving it with a magnificent and exhilarating driving experience. Unfortunately, not all those who can afford it approach this potent car in this way and with the necessary respect - talent and wealth don't necessarily go hand in hand.

    Cheers Smiley


    --
     

    Rennteam Moderator - 997.1 C2S Coupe GT Silver/Cocoa, -20mm/LSD, PSE, SportDesign rims, Zuffenhausen collection


    Re: Have Carrera GT prices stabilized and started appreciating?

    I agree with the above, the primal expression was a bit misleading.

    The Carrera GT, as quite a few supercars today, might be sufficiently docile far from the limit but as any other one, be it a Murcielago or Enzo, the behaviour on the limit is demanding. As Futch said, it is a matter of skill and experience. However, any vintage car or motorcycle is more demanding at the limit and nobody complains about it. As sad as some of these personal losses have been, one should not forget the potential of these cars.


    Re: Have Carrera GT prices stabilized and started appreciating?

    Mike has had an interest in the CGT for a number of years as this pic was 1 I posted 3 years ago on just such a thread.

    btw: some really preposterous posts on this thread

    cgt.jpeg 


    Re: Have Carrera GT prices stabilized and started appreciating?

    easy_rider911:
    Italo:
    bluelines:
    Italo:

    Most of the 1270 or so produced have been written off in crashes

     

    Why? What is your source for this statement?Smiley


    We've all seen a few of these crashed cars posted on RTand we all know the car is a handful to drive.


    The CGT has no PSM. It's a very powerful, very fast car that requires relatively greater care and concentration when driving it. One needs to respect it, one mustn't be complacent i.e. one should not overestimate one's own driving talent/abilities. Smiley

    Yes, it's true that the internet has various photos of CGTs that have crashed because whoever was driving it (owners, potential owners on a test drive, journalists, salesmen etc etc) did not show the car the proper respect.

    As for why one sees these photos on the internet, one should not forget the schadenfreude of those who are jealous and who take special pleasure in seeing the mishaps of those with money i.e. the fact that it's a CGT that has crashed means that it gets singled out for extra attention Smiley

    However, without pointing to concrete data, one cannot make an unsubstantiated statement that "Most of the 1270 or so produced have been written off in crashes".

    "Most" expressly means that, regarding the fate of the CGTs that have been produced, the highest number of them falls into the category of 'crashed cars', as opposed to other categories (e.g. cars in private collections, cars currently driven on the road or track, cars in museums etc etc). It is simply not the case IMO that most of the CGTs produced have been crashed and any hard data would no doubt confirm this.

    Even the 5-10% and 10% percentages are mere 'guesstimates'.

    Futch simply reacted to what seemed to him to be so obviously an untrue statement but his reaction serves as a reminder that one does need to be careful when making casual statements like this without hard data.Smiley The internet is full of meaningless comments - but one hopes that those at RT take much more care before posting. Only then can RT be a more reliable forum than the others.

    I think the CGT is a car that truly rewards those who take sufficient care when driving it with a magnificent and exhilarating driving experience. Unfortunately, not all those who can afford it approach this potent car in this way and with the necessary respect - talent and wealth don't necessarily go hand in hand.

    Cheers Smiley

     

     Thanks for taking the time to write this post Easy, precisely my thought, was a bit busy and hectic this morning trying to multitask Smiley

     

     

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    Ferdie:

    I agree with the above, the primal expression was a bit misleading.

    The Carrera GT, as quite a few supercars today, might be sufficiently docile far from the limit but as any other one, be it a Murcielago or Enzo, the behaviour on the limit is demanding. As Futch said, it is a matter of skill and experience. However, any vintage car or motorcycle is more demanding at the limit and nobody complains about it. As sad as some of these personal losses have been, one should not forget the potential of these cars.

     

    Agreed.

    My comment was mostly directed at Mike S, whom I knwo from RT, owns an Lambo LP, a V12 RS Vantage and other exotics. 

    My point was that he will not be destabilised by the GT, yes it's very powerful and yes it's a handful at the llimit, but judging by the cars Mike S owns, he will have a great time with.

    Up to 7/10th the GT is a very manageable car and oh so pleasurable.

    Above that, it requires skills but the rewards are like no other car.Smiley

     

     


    Re: Have Carrera GT prices stabilized and started appreciating?

    Futch:

    DSC00797.JPGI've just fitted also some grills for the front bumper, highly recommended as without some, your radiator become swiss cheese, especially on trackdays...

     

     

    Nice shot Smiley.  Post more pix dude Smiley.


    --
    Happy Driving

    Re: Have Carrera GT prices stabilized and started appreciating?

      easy_rider911:
    Italo:
    We've all seen a few of these crashed cars posted on RTand we all know the car is a handful to drive.


    The CGT has no PSM. It's a very powerful, very fast car that requires relatively greater care and concentration when driving it. One needs to respect it, one mustn't be complacent i.e. one should not overestimate one's own driving talent/abilities. Smiley

     

    The car is a "handful to drive" for SOME people, in my view, for two major reasons:

    1)  The Carrera GT accumulates speed so effortlessly that sequences of normal events begin to happen with otherworldly rapidity.  There is no more time to "relax" between turns on the track, for instance.  Any time previously available for putting right small errors has now evaporated and the next task is upon the driver immediately, or even sooner.  One can get way behind the proficiency curve because of the unrelenting pace of actions required to stay on the road.

    The Carrera GT will reveal unwarranted driver self-esteem if inelegantly pushed too hard.  This is not to say the car is wicked in any way.  It's just so good at what it does, one had better be ready for where that capability leads.

    2)  The Carrera GT rear suspension is set from the factory to be "entertaining on the throttle".  It's just a bit loose.  A little bit too loose for traditional 911 pilots.  It's much more like a nuclear powered Formula Ford that mercilessly punishes excesses on any control rather than reminiscent of a police-package Chevy Impala which is much slower but easily recovers from tossing to and fro and even likes "dirt tracking" control strategies.

    This feature is good for entertaining demo rides in the hands of talented, accomplished (perhaps professional) drivers.  However, it might not be the best "training wheels" setting for drivers of more modest standing. Like Me!!

    I found it very useful to move the rear anti-roll bar setting to the full soft (bar tip attachment hole) position as it made over-steer less likely than on the as-delivered middle setting.  The only use I can imagine for the full-hard setting is drifting competitions. Smiley

    The softening in rear roll stiffness improved my circulation times at the local tracks between 2 and 5 seconds per lap.  That's because I could actually put on some throttle before the absolute exit of the corner.  As supplied, I had to nearly neutral-steer through corners at the limit and hadn't figured out how to change my approach so as to be on the power and still on the track simultaneously.  With more rear stick, I could use more throttle on the exit and my results improved enormously.

    YMMV

    Leading-Rene's-RS.jpg  Pace-Lap-GT-Cars.jpg
    --

    Mike

    2005 Carrera GT - Signal Yellow

    2008 Tesla Roadster - Thunder Gray

    1972 BMW 3.0 CSi - Nachtblau

    2009 Bentley Arnage T - Black Saphire


    Re: Have Carrera GT prices stabilized and started appreciating?

    Very informative post, enjoyed reading it!


    --

    Re: Have Carrera GT prices stabilized and started appreciating?

    Mike, I never get enough of pictures of your car...


    --

    Porsche, seperates LeMans from LeBoys

    Re: Have Carrera GT prices stabilized and started appreciating?

    Very interesting thanks Mike.

    Have you ever considered switching to Cup tyres? That means changing the rims but I reckon it could be interesting. The standard sport pilot are not sticky enough in the dry, car is all over the place after a few laps and the tyres desintegrate quite rapidly.

    Hey Ron, nice to hear from you. Here are a few pics taken a few months ago.Smiley

    IMG_1809.jpgIMG_1810.jpgweb-1.jpgweb.jpg 

     

     

     


     
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