Carrera GT sold for $240K

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=250423142905&sspagename=STRK%3AMEWAX%3AIT&viewitem=#ht_6856wt_1153

Another listed at $269 - although a lot higher mileage.

How far do they drop? If a decent hits <$200K I would be very tempted.

 

there is no chance a clean low mile cgt will hit 200k. there is somebody on here with a 250 ile cgt still trying to get over 400k I trhink that is a bit high but a low mile car will not see anyplace near 200k.

 

Don't care about the mileage people... These cars will go 100.000 miles without issues for sure... This is the ultimate drivers car and it's pointless to pay EXTRA for something you're afraid of putting miles on because the value will drop... Just buy a high-milage CGT and drive it as much as you can. Life's short.

 

+1!
At these prices (mid 200k) this car is more and more tempting proposition.
I'm afraid I am getting that "itch" again.....

 

Exactly. Who cares about mileage... Porsche builds great cars that go for miles and miles. I am looking for a car to drive quite regularly and not worry about piling on the miles.

Seeing a Carrera GT with 6,800 miles go for $240K was interesting. This is the third car I have seen in the mid-200's and was the nicest while being the lowest miles anyway. I would happily take a car with 10,000-20,000 miles and if they drop into that $200K or lower range I am in.

The 20K mile car on eBay should probably be closer to $210K given the above auction. Hmmm...

Any guess on where prices are at end of year?

 

2nd year car as well.....

2 years ago my prediction for CGTs was $500-700k...guess I was wrong

 

Never say never. There is more than one US-Spec CGT in Germany priced around &#8364;220k Euro. Regarding all costs attachted to an import from the States, the dealer needs to have bought it in the $200k area.

 

There was also a grey CGT smacked in that exact same area a while back, and reported on here as well. Some body shop owner or garage owner did the deed too. It may be the same car, now cleared thru insurance and repaired. Which explains the price........then again, it may not be as well.

 

that cgt is gorgeous..

 

the car has had major paint work done

 

Its also on ebay again....oddly enough.

 

Where? I do not see it posted.

 

I guess some of us will never learn that "when a deal seems to good to be true there's usually a reason for it." How about this ...

CARFAX REPORTS AN ACCIDENT ON 11/22/2007.

Is it now a good deal??

 

Maybe... If you are buying it as a driver and get it at a $100K discount over what other are trying to sell the car at... Still seems like a pretty good deal to me. I don't like accidents but when they are minor and known by both parties maybe not so bad.

I found another one under $250K with a small incident that I'll PM you the VIN if you want to run a Carfax.

And the $269K clean, 1 owner car is being negotiated for sale at around $250k (had 20k miles though).

 

As for all of you waiting for the $200,000 CGT ... you'll be waiting and waiting and waiting ... and perhaps a 75,000 mile CGT will eventually come up for sale. No clean, story free, well maintained CGT with decent miles is going to sell for $200,000 unless there's extenuating circumstances.

I personally know of three or four friends that would buy CGTs today if they could find a clean, story free, decent mile car for $250,000. There is a price where the number of interested/eligible buyers multiplies rapidly. If a car with accident history still brings $240,000+ that means a clean no story version should be 20% to 30% higher.

 

There is no "minor" accident on cars like these unless you scrape the bottom of the front bumper. The way these cars are constructed and the materials used are exotic and not easily repaired if damaged.

The second car you PM'd me is even worse. Has an accident with a SALVAGE title.

Case in point ... a $259k car being negotiated in the $250s with 20k miles seems a little low but reasonable. The biggest question in that scenario is clutch wear since a new clutch for the CGT is $24,000 and a car with 20k miles may be on the verge of needing a clutch replacement. Makes a $250,000 car a $274,000 overnight.

Cheap prices do not indicate market prices nor do they tell the whole story. The car on ebay is a perfect example. Even though it only has 6k miles on it they may have been a hard 6k miles which eventually ended up in an accident. Pay $245,000 for it and it needs a clutch in 1k miles. You are now in a storied car for almost $270,000. Not such a great deal when clean no story cars can be bought in the low $300s.

 

I know of a Carrera GT that the clutch only lasted 2,000 miles because it was dragged race around the street by the owners son!!!

 

I had my car in for service about six months ago and there was a CGT in for a clutch service with 900 miles on it! Needless to say the owner was p****d!! Service manager told me he was planning to sue Porsche. Can't blame the guy. Bought it new and 900 miles later the clutch was fried.

Porsche built one of the greatest race bred street cars ever but I think they took it a step too far. It should have had a modified Turbo clutch rather than a full race clutch. They forgot that alot of "normal" people were going to be driving this car and the clutch is anything but normal. I'm sure most owners eventually got the hang of it but the few that didn't probably aren't too happy when they were told they'd have to spend $24,000 for a new clutch!

 

6,978 miles is high milage?


hahahahaha

 

Jeff,

Why do you think the 900 mile car needed a clutch so fast. Was it a defective clutch? How many miles do you think a clutch should take if one drives the car correctly? I remember seeing Jay Leno's Garage where Jay states that the clutch can take up to 50,000 take offs or miles. I know Porsche service has a $300 test they can perform to measure the wear on a clutch for PPI purposes.
As far as price vs. value. The CGT is not the car one should try to buy with known issues just to save money. These cars are too complex and super expensive to work on. So buying the best example is the smart way to go. I see prices down big time from about a year ago when I could of made $50K profit the day I bought my car from a private owner.

Geno.

 

The low price CGT in the attached pic has been in a wreck, but the asking prices seem to be coming down rapidly on the others.

What do you think will be the median CGT price at the end of this year?
Image Unavailable, Please Login

 

i know the one with the 149k price tag was wrecked, but what about the one with 19k miles on it, is it the one that sold for 240K?

 

the 19K miles car was a USED car...and I mean USED!! Saw it and would never ever consider it unless you are looking for a track whore. This is the problem with the used car market. You have no
idea what the car looks like until you see it in person. People then gauge value on other comps but in this case, the car should have been under $200K although it did sell for over
asking price.