It is hard to believe that some cars that were already six figures have doubled in value over the past five years. Especially considering the hype around them isn’t all that much and the values of risen without much notice. Of course, I am talking about the 996 generation of the Porsche 911 GT2. Just five years ago we looked at a 2002 for 3,200 miles on the odometer for an asking price of $169,000. That car finally ended up selling for $154,000 and at the time, seemed like a big price for a 996 GT2. Oh, how naïve we were. Today, we have another 996 GT2 up for sale in Pennsylvania with just 3,900 miles. The price? I told you to double it.
CLICK FOR DETAILS: 2003 Porsche 911 GT2 on eBay
Year: 2003
Model: 911 GT2
VIN: WP0AB29973S696182
Engine: 3.6 liter twin-turbocharged flat-6
Transmission: 6-speed Manual
Mileage: 3,910 mi
Location: Newtown Square, Pennsylvania
Price: $294,995 Buy It Now
Clean Carfax! Leather Interior Package! Sport Seats Painted to Match!
You are looking at a 2003 Porsche 911 GT2. It is a non-smokers vehicle with only 3,910 miles! The options include
Wheel Caps with Colored Crest, Cruise Control, Delete Model Designation, Storage Lid Bin W/Porsche Crest, Key Pouch Interior Color, Painted Model Design Rear Lid, Leather Interior Package, Black Mats – Porsche lettering, Sport Seats Painted To Match, Porsche Crest in Headrest, Brake/Shifter Carbon/Aluminum, Aluminum/Chrome X71,X70,X54, Custom Tailoring.
This 911 GT2 is being sold As-Is. Please feel free to call or email us with any of your questions regarding the vehicle, or stop in, and find out why Porsche of the Main Line was given the award as the top Premier dealer in the U.S. An award given to the dealer who exhibits uncompromising excellence in every phase of business. A title distinguishing us as the best of the best.
Yes, this one has an asking price of $295,000. Granted, no one has crazier prices than factory Porsche dealers with older models they are trying to retail to buyers, but I suppose when you look at the comps over the past few years, that price isn’t so insane. Earlier this summer we saw a car with just 86 miles sell for $387,000. In June, a 4,100-mile example went for $265,000. So is the price justified? To an extent.
I think that number is probably in the ballpark but it just feels crazy these are commanding these prices now. I am a giant fan of these, but we’ve left the station when it comes to making sense of their values now. I couldn’t imagine having $300,000 and deciding to put it all on a 996 GT2, even with the really low mileage.
– Andrew
That specific GT2 appeared on BAT nearly three years ago for approximately $100k less. Barely any miles have been put on it since and now sold for 45% more. One has to truly love the 996 platform to pay that kind money for what is widely considered the “Black Sheep” of the 911 community.