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Old 02-02-2024, 01:30 PM
  #2281  
Airbag997
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Originally Posted by boss2k
Read yesterday prices for new/used car are falling from 24 and car market will be back to normal pre-covid days , so these BS ADM and inflated pricing will stop soon
If and when the stock market collapses we will see special high-end Porsche market take a demand hit. Until then, unlikely. Especially with ICE extinction on the horizon.
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Old 02-02-2024, 04:41 PM
  #2282  
brock256
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Originally Posted by boss2k
The whole BS of used porsches asking price more than msrp will go away when market is back to normal
Unfortunately, I'm pretty sure the factor that will actually make ADM / flipping go away is when MSRP catches up to market value, not the other way around.
Old 02-02-2024, 04:42 PM
  #2283  
tonie90
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This might sound crazy, but people just have to you know...stop paying the inflated prices.
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PGTGULF (02-03-2024)
Old 02-02-2024, 05:31 PM
  #2284  
mywave
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Will be interesting to see where this no reserve $114k msrp 2023 GTS ends. https://bringatrailer.com/listing/20...mment-13521036
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HelpMeHelpU (02-04-2024)
Old 02-02-2024, 05:33 PM
  #2285  
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Originally Posted by Jamie140
https://www.autotrader.ca/a/porsche/...200J2&sprx=100

Made with I thought was a reasonable offer. "Our advertised prices are firm, thank you, click"
Sold.
Old 02-02-2024, 05:45 PM
  #2286  
TXshaggy
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Originally Posted by mywave
Will be interesting to see where this no reserve $114k msrp 2023 GTS ends. https://bringatrailer.com/listing/20...mment-13521036
bout 13.5 under MSRP.

Seems about right for GTSs on BAT
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Old 02-02-2024, 06:16 PM
  #2287  
Wild Weasel
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Originally Posted by tonie90
This might sound crazy, but people just have to you know...stop paying the inflated prices.
But why would they? The people that are paying them are getting the cars they want, when they want them and probably have so much money that they don't care about 10's of thousands extra here and there.

Now if Porsche started selling direct to customers and punishing flippers, we might see real change but honestly... this is late stage capitalism. Money rules all and so long as there's someone with more money that wants something, the market doesn't care if nobody else can have it.
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Old 02-02-2024, 06:39 PM
  #2288  
Alan C.
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Originally Posted by Wild Weasel
But why would they? The people that are paying them are getting the cars they want, when they want them and probably have so much money that they don't care about 10's of thousands extra here and there.

Now if Porsche started selling direct to customers and punishing flippers, we might see real change but honestly... this is late stage capitalism. Money rules all and so long as there's someone with more money that wants something, the market doesn't care if nobody else can have it.
The Golden Rule:

He who has the gold rules!
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Old 02-02-2024, 06:50 PM
  #2289  
lilbza
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ADM's on cars like these will be here to stay, though likely these figures will soften. The stealerships have seen people are willing to pay, and there will always be more people wanting these cars than allocations available. I know a lot of people will say "but pre covid, this wasn't a thing, and will eventually go back to the way it was".

It's the same as coffee shops charging $6.50 a coffee.... just because inflation has cooled off, doesn't mean prices will go back to pre covid days, this is now the new norm.
Old 02-02-2024, 07:05 PM
  #2290  
Alan C.
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When I traded my 23 GT3T I received more than MSRP on the T which just about covered the ADM on the GT4 RS. Button button whose got the button .🤣🤣
Old 02-02-2024, 07:56 PM
  #2291  
needmoregarage
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Originally Posted by lilbza
ADM's on cars like these will be here to stay, though likely these figures will soften. The stealerships have seen people are willing to pay, and there will always be more people wanting these cars than allocations available. I know a lot of people will say "but pre covid, this wasn't a thing, and will eventually go back to the way it was".

It's the same as coffee shops charging $6.50 a coffee.... just because inflation has cooled off, doesn't mean prices will go back to pre covid days, this is now the new norm.
Not sure about other markets, but in 2017 when we took delivery of our 991.1 GT3RS (Ultra Violet), on the same truck, going to the only other P dealer in town was another UV 991.1 GT3RS. The buyer from CA paid $35k over MSRP. Our car was at MSRP because our dealer doesn’t sell over-MSRP. And they don’t sell to non-locals because they are small and don’t get enough allocations to satisfy local demand for new GT cars. But the other dealer in town does add ADM in some cases (maybe all cases…I don’t know because we’ve never bought from them).

Whoever says ADM wasn’t “a thing” pre-Covid is incorrect. Maybe not in some markets, or for some cars….but it was still a “thing”. And in 2016 when we took delivery of my GT4, there were plenty of people paying ADM. That GT4 was our first GT car so I can’t speak to the years prior, but I believe ADM has been “a thing” in many markets for a long time. It’s simple supply and demand.
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Old 02-03-2024, 10:18 PM
  #2292  
85Gold
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https://finder.porsche.com/us/en-US/...&order=closest

Hmm

Peter
Old 02-04-2024, 07:06 AM
  #2293  
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Originally Posted by 85Gold
That actually seems quite reasonable.
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Old 02-04-2024, 09:42 AM
  #2294  
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Originally Posted by 85Gold
FWIW...I looked at a very similarly equipped CPO'd GT4 RS yesterday at our local Porsche dealer...with a price of $242K.
Old 02-04-2024, 10:50 AM
  #2295  
ChrisF
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That would be the lowest priced car hitting the market by a huge margin if not a mistake. I would have probably bought it if it were on the market last week. Oh well.


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