2001 Porsche 911

996.1 GT3 Coupe 3.6 L

Vehicle values by condition

Fair
Condition 4
£41,000
#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped.
Good
Condition 3
£58,900
#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior.
Excellent
Condition 2
£73,900
#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws.
Concours
Condition 1
£88,400
#1 vehicles are the best in the world. The visual image is of the best car, unmodified, in the right colours, driving onto the lawn at the finest concours.
Insurance premium for a
2001 Porsche 911 996.1 GT3 Coupe 3600
valued at £58,900
£916.14 / year*

History of the 1999 - 2003 Porsche 911

1999 - 2003 Porsche 911
1999 - 2003 Porsche 911

The 996 GT3 Mk1 coupe was in production from 1999 to 2003, and similar to Porsche’s previous 911 models, sports a focus on racing. It is a rear-engine, rear-wheel-drive car that seats two people.

In 1973 Porsche launched the 911 2.7 RS, which started a tradition of stripped out, lightweights 911s that were more at home on the track than the road. However, by the late 1990s, Porsche realised that there was demand for what was a road car with even sharper reactions than the standard 911. This formed the idea of the GT3 and when it arrived, many were surprised that it was in fact 30kg heavier than the stock 911. With an engine based on the block of the GT1 racing car, and displacing 3.6-litres, the GT3 had lighter pistons, titanium conrods, dry sump lubrication and a cable-operated six-speed gearbox with interchangeable gear ratios. When new, the 996 GT3 cost £76,500.

The Porsche 996 GT3 Mk1 was released with a flat-six 3.6-litre engine, compared to the 3.0-litre version of the original 996. The GT3 engine is very similar to the completely water-cooled Porsche 962 racing car's engine, which is based on the same crankcase. The engine is naturally aspirated and the ‘split’ crankcase uses separate water jackets added onto each side to cool banks of three cylinders with water pumped through the radiator. The Mk1 marks the final Porsche to have a throttle cable and no driver aids except ABS.

The GT3 Mk1 is considered by many enthusiasts to offer a raw driving experience, as the car was designed with track driving in mind, in comparison to the later Mk2, which offered a ‘softer’ driving experience. Finding parts is no problem as they are readily available on the internet from many Porsche specialists. Typically, the Porsche 911 996 GT3 Mk1 does not suffer from electrical problems, nor reliability or bodywork issues.

The Mk1 is beginning to become rare since it was built on a smaller scale so there are smaller numbers available. To many hard-core 911 enthusiasts, the Mk1 is the preferred 996 GT3 although it has been known for weak brakes, weak gearbox, and not enough power.

Similar cars in the market include the Porsche 911 996 GT3 MK2, the 911 996 GT3 RS, 911 996 GT2, and the 911 996 Carrera 2.

All 2001 Porsche 911 body types

Year Make Model Submodel Body Type Engine size Average value
1998 Porsche 911 996 Carrera 3.4 Cabriolet 3.4 L £ 8,400 12,700 16,300 22,400
1998 Porsche 911 996 Carrera 4 Cabriolet 3.4 L £ 8,400 12,700 16,300 22,400
1998 Porsche 911 996 Carrera 4 Coupe 3.4 L £ 9,200 14,600 19,200 25,800
1999 Porsche 911 996 Carrera 3.4 Coupe 3.4 L £ 8,300 12,600 17,800 25,600
1999 Porsche 911 996.1 GT3 Coupe 3.6 L £ 41,000 58,900 73,900 88,400
2000 Porsche 911 996 Turbo Coupe 3.6 L £ 25,300 31,000 43,600 61,400
Hagerty Newsletter
Get your weekly dose of car news from Hagerty UK in your inbox

Your weekly dose of car news from Hagerty in your inbox

ADVERTISEMENT

Thanks for signing up!

Your request will be handled as soon as possible