Quick Spyder Market Observation
05-13-2022 | 07:50 AM
#92
Drifting
Joined: Dec 2012
Posts: 2,039
Likes: 1,046
From: Canada
Congrats on purchase, OP. I have been looking for a 718 Spyder but not that hard. Our 22 Macan S is on order and scheduled for late summer delivery plus on the dealer list for 718 Spyder. Who knows if my number is called? Dealer does not charge ADM. I would pay a small ADM of a few thousand but not 20K. I can use that money toward Porsche school at Barber and Racing School Europe (Mugello or Barcelona). My other consideration is building an Arch motorcycle. I am fine with normal depreciation but ADM is not a loss I want to take on top of that.
Manufacturing and the car market will return to normal. There are a lot of headwinds in the economy right now (higher interest rates, declining stock prices, a recession?) Most consumers are impulsive and manufacturer's make their money by building products (especially if Porsche has IPO). The manufacturer's want inventory on the dealer's lots.
I can justify paying a "small" ADM on CPO car and really only looking at Porsche dealer cars. I have inquiries open at 2 dealers right now.
1. Sent inquiry through dealer website. Internet Manager reached out to me with a few questions and I responded. A salesperson (Michael) reached out that he would call me later that afternoon and that was 30 days ago. The car shows still there according to their website and carfax shows no new registration.
2. This inquiry went to GM of Porsche dealer. He responded with a couple of questions which I answered. Still waiting for response but it has only been 6 days.
3. The dealer that has Macan order has had a couple of 718 Spyders come in used and I never got a phone call to even gauge my interest.
Manufacturing and the car market will return to normal. There are a lot of headwinds in the economy right now (higher interest rates, declining stock prices, a recession?) Most consumers are impulsive and manufacturer's make their money by building products (especially if Porsche has IPO). The manufacturer's want inventory on the dealer's lots.
I can justify paying a "small" ADM on CPO car and really only looking at Porsche dealer cars. I have inquiries open at 2 dealers right now.
1. Sent inquiry through dealer website. Internet Manager reached out to me with a few questions and I responded. A salesperson (Michael) reached out that he would call me later that afternoon and that was 30 days ago. The car shows still there according to their website and carfax shows no new registration.
2. This inquiry went to GM of Porsche dealer. He responded with a couple of questions which I answered. Still waiting for response but it has only been 6 days.
3. The dealer that has Macan order has had a couple of 718 Spyders come in used and I never got a phone call to even gauge my interest.
Unfortunately, it is a seller’s market right now. Buyer has to do a bit of the legwork.
It you see something that you like, make an offer.
I hate to tell you this. But in this current environment, buying a Macan simultaneously is not much of a leverage from your end.
All dealers think they are doing YOU a favour by selling you a brand new car.
05-13-2022 | 08:34 AM
#93
Instructor
Joined: Dec 2018
Posts: 144
Likes: 51
To me, it looks like the dealers that you are working with think the cars will sell themselves. Not putting in too much effort IMO.
Unfortunately, it is a seller’s market right now. Buyer has to do a bit of the legwork.
It you see something that you like, make an offer.
I hate to tell you this. But in this current environment, buying a Macan simultaneously is not much of a leverage from your end.
All dealers think they are doing YOU a favour by selling you a brand new car.
Unfortunately, it is a seller’s market right now. Buyer has to do a bit of the legwork.
It you see something that you like, make an offer.
I hate to tell you this. But in this current environment, buying a Macan simultaneously is not much of a leverage from your end.
All dealers think they are doing YOU a favour by selling you a brand new car.
In the meantime, I enjoy going to ride and drives at the track.
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Klepper (05-13-2022)
05-13-2022 | 01:23 PM
#94
Rennlist Member
Joined: Sep 2012
Posts: 1,645
Likes: 163
From: Laguna Beach, California
My experience with the 981 GT4 and Spyder Market was obviously fundamentally different, but I think it offers clues. With the Spyder RS coming, this topic now has my interest.
05-17-2022 | 01:41 PM
#95
Advanced
Joined: May 2017
Posts: 57
Likes: 19
120k for a 22 Spyder. Seems on the lower side?
https://www.porschetacoma.com/new/Po...abd57a4112.htm
https://www.porschetacoma.com/new/Po...abd57a4112.htm
05-17-2022 | 01:44 PM
#96
Banned
Joined: Mar 2018
Posts: 485
Likes: 106
120k for a 22 Spyder. Seems on the lower side?
https://www.porschetacoma.com/new/Po...abd57a4112.htm
https://www.porschetacoma.com/new/Po...abd57a4112.htm
05-17-2022 | 01:44 PM
#97
Rennlist Member
Joined: Sep 2015
Posts: 643
Likes: 194
From: Connecticut
120k for a 22 Spyder. Seems on the lower side?
https://www.porschetacoma.com/new/Po...abd57a4112.htm
https://www.porschetacoma.com/new/Po...abd57a4112.htm
05-17-2022 | 01:46 PM
#98
Rennlist Member
Joined: Oct 2014
Posts: 935
Likes: 225
From: Houston
120k for a 22 Spyder. Seems on the lower side?
https://www.porschetacoma.com/new/Po...abd57a4112.htm
https://www.porschetacoma.com/new/Po...abd57a4112.htm
05-17-2022 | 01:48 PM
#99
Rennlist Member
Joined: Jun 2018
Posts: 2,596
Likes: 1,682
From: Los Angeles
Wonder if ADM's going up since this is now the last production year of the GT4/Spyder and Porsche released that video of the electric GT4 racecar which means they weren't kidding about the platform going EV.
05-17-2022 | 01:55 PM
#100
Rennlist Member
Joined: Oct 2014
Posts: 935
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From: Houston
They told me that at least a couple of weeks ago now, so I think that was before the video.
05-17-2022 | 02:57 PM
#101
Thread Starter
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Joined: Feb 2017
Posts: 209
Likes: 64
From: KC
Interestingly just had a dealer on a car I was looking at call me. I had offered 22K over and they told me to pound sand (they were at 32K over). Called me today wanting to do the deal. Probably meaningless just updating.
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alim24 (05-17-2022)
05-17-2022 | 11:28 PM
#102
Track Day
Joined: May 2022
Posts: 15
Likes: 4
Do they still have it? Sketchy.
They wanted 60k when I called a while back and I told them I'd consider 30k. They told me they'd see, and asked me to reconsider a bit ago. I said I was firm at 30k and then I got a text saying it was sold? Weird.
They wanted 60k when I called a while back and I told them I'd consider 30k. They told me they'd see, and asked me to reconsider a bit ago. I said I was firm at 30k and then I got a text saying it was sold? Weird.
05-17-2022 | 11:42 PM
#104
Rennlist Member
Joined: May 2016
Posts: 4,936
Likes: 5,615
From: Canada
Here’s one for you, about $60k above MSRP (CDN): $210k list. The dealers in Eastern Canada continue to push the lightly used list prices to the stars.
https://finder.porsche.com/ca/en-CA/...reowned-9VV2Z7
https://finder.porsche.com/ca/en-CA/...reowned-9VV2Z7
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6IXSPD (05-18-2022)
05-17-2022 | 11:46 PM
#105
Rennlist Member
Joined: Mar 2017
Posts: 480
Likes: 345
Here’s one for you, about $60k above MSRP (CDN): $210k list. The dealers in Eastern Canada continue to push the lightly used list prices to the stars.
https://finder.porsche.com/ca/en-CA/...reowned-9VV2Z7
https://finder.porsche.com/ca/en-CA/...reowned-9VV2Z7