I have to say, I think I personally knocked it out of the park with this one. 11 months of ownership, only $4,000 invested into the car, and yet I still made nearly the price of a NEW Land Rover Defender off this one single hack.
Want to learn more about how I made $65,000 off this rare Voodoo Blue beauty? Keep reading.
GT3RS Buying Short Cuts
2016 Porsche 911 GT3RS PTS
MSRP NEW: $220,000
Good Mileage: Under 15k
Options Preferred: PCCB, Bucket Seats, Extended Leather, Carbon Dash (is usually standard as opposed to body color option).
Nice options (Not mandatory): PTS, Modded
Warranty: 4yr/50,000 miles
Cost Breakdown
Purchase price: $155,000
Financing: Cash
Total payments: N/A
Other expenses during (11) months:
- Service: N/A
- Mods: $3,900 roll cage install
- Repairs: N/A
Total Invested For (11) Months of Ownership: $3,900
Sold: $220,000
Total GAIN of ownership: $61,100
GAIN Divided into Monthly ownership:$5,555/month
One of the most flawless GT3RS’s in VooDoo Blue, over $80k worth of perfectly done mod to the car. The car was owned by a true enthusiasts who spared no expense but had used the car and put 20k miles on the dash. And while I drove the car very little, less than 1k miles over the 11 months, it still made a hefty profit based on the rarity and the market at the time.
I bought this car as a joke for $16,000 from Chicago Motor Cars, I was told I would lose my ass. While I intended to film some content with it, I left it on Autotrader and it sold to the first dealer that called me when it was listed at $23,000, we negotiated and I sold the car after just one month of ownership for $21,000.
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