idkwhatiamdoing

Got a call a few days ago from the dealership asking if I was still in the market for a 4RS. I obviously said yes but, they increased the ADM by close to 30% and I was a little hesitant at that point.

The MSRP of my spec is close to 180K and with the ADM, it is approaching 300K. Additionally, there is no more Bose sound system option and no ceramic break option available anymore. They have also removed the PTS option for the car, from what I have been told.

I am definitely going to be financing a majority of this car but given the current economic conditions, I do not want to be underwater on the car if it does not hold its value.

For what it is worth, I think that the car will hold its value or may even appreciate but if the economy takes a turn for the worse, I am not sure what will happen to the value of the car.

Kind of unsure what to do, would you pull the trigger if you were in my shoes?

Clark_Kent

No, no, and no. Economic conditions aside, the ADM sounds absurd and the fact PCCB, Bose and PTS are off the table would make this an easy decision for me.

ldamelio

Like thousands of similar threads on Rennlist, no one can answer for you. That's even if we knew intimate details of your finances, career, values and personal life that you shouldn't post publicly on a car forum. All that being said, I don't see the 4RS as a 300k car. No one can be sure, but the ADMs will likely come down and this one (sounds like 100k) is on the high end of what's on the forum now. I'd pass or counteroffer 50 k less being ready to walk away.

ExMB

double post

ExMB

Name change request to imdreamimgdontwakeme

maroli

if you're not in the kind of position where losing 100k of markup over a year of ownership would not even register in any way on your personal finances, I'd think very carefully. There are people out there for who $100k is a rounding error and their net worth can easily move up or down $100k in a day. I suspect that those people are rather in a minority of the ADM-paying crowd but anyway, paying $100k ADM and then being told you can't spec the car the way you want is nonsense. If you're going to stretch, it better be for your dream spec imo

6IXSPD

If you have to ask...

UncleDude

Hmmm, first post…..

dnimi123

No way the GT4RS is a $300K car or even $220k car. If you can get one under $200k then I think you have something. Unless you are just getting to throw in a garage and wait to see what it does in 10 year. But to drive it or track it and enjoy... MSRP max... IMO

poofyo101

What...paying 100k ADM and asking if its the right financial decision? LOL

TXshaggy

….and financing the majority of $300K! Lol

sin911

So the dealership is asking around or north of $100k ADM? Yeah, that's a hard pass. That is just loco. If you will be financing major part of it as well, it doesn't make too much financial sense. Maybe in 20 years these cars will be worth $400k or more, who knows? Can you afford to gamble with it? If things turn sour economically will you look to unload in a year, if so then you should pass. In my personal opinion a GT4 RS is not worth $300k.

In less than a year you will most likely find much better deals on a GT4 RS as the economy further deteriorates and demand falls.

ChrisF

Financing majority of car; check
Paying 100k ADM; check
Worried about car losing value; check
Asking RL for advice; check
Clearly idkwhatimdoing

I pulled out my crystal ball for you and it said: Ask all the 991.1RS owners who bought at 100k over and thought "there's no way it could lose money" how it worked out for them.

Tief Lernen

What are you going to do with the car?

If you're going to buy a $300k car and track it and really enjoy it, it's going to depreciate regardless of market conditions and you have to be okay losing that kind of money. I would not be okay losing that kind of money on a car I can't spec the way I want. PCCB and PTS wouldn't be important to me, although LWB would be.

If you're buying a $300k car because you want to keep it in a bubble, drive it occasionally and hope it holds value - this is a bad plan in the current market, especially if you're paying a $120k markup and financing most of it. Also why buy a GT4RS for this use case?

In general, cars are not investments, they're things to enjoy. You can't enjoy a car if you're stressed about depreciation and losing value. If you want to make an investment you should look elsewhere.

DFW01TT

Here is the real world.

Buy the car if the ADM is of no consequence to you for 20 years.
Otherwise appoint a conservator to your money to prevent you from making horrific mistakes.