GT3 flip value?
#31
Let me give you a killer deal on the Blockbuster stock that I've got. Best deal you'll find all year. Very, VERY smart move to make. Trust me.
#32
Instructor
Thread Starter
First of all the deal sucks. I got MSRP on mine after having it 3 months and about 1,000 miles.
There are also plenty of GT 3 cars at MSRP with good builds and low miles under 1,000.........that you may want to buy and save some money........
I'd tell dealer that I will buy a new GT3 spec at MSRP and show them your build from configurator........
There are also plenty of GT 3 cars at MSRP with good builds and low miles under 1,000.........that you may want to buy and save some money........
I'd tell dealer that I will buy a new GT3 spec at MSRP and show them your build from configurator........
#33
SJW, a Carin' kinda guy
Rennlist Member
Rennlist Member
#34
Rennlist Member
Welcome to Rennlist, victorc31, and potentially welcome to Porsche ownership.
You are getting responses all over the board, and I think it is because your initial question is confusing. Or maybe I'm confused. Let me see if I can get this straight.
You are buying an allocation, a car you can build to your own spec, at MSRP. You are also buying then re-selling another car, a cancelled order, back to the dealer for a net loss of $20K.
So, as I understand it, what others think the "flip value" is really doesn't make a difference. The cancelled order car doesn't really matter as well, since the dealer will buy it right back from you, with you losing $20K in the deal.
So, what it really boils down to is that you are buying an allocation to build a car to your specs at $20K over MSRP..
The correct question to ask, then, is "What is the current ADM for an allocation?". It seems this whole process is just a convoluted way for the dealership to get an ADM.
I suggest you negotiate on that $20K ADM, Once you get to a number you are comfortable with, I suggest you DO NOT yet buy the cancelled car order. Buy it if and only if your ordered allocation car is delivered. or at the very least in production with a VIN #.. You DO NOT want to get stuck with the cancelled order car and not have the car you built.
"
You are getting responses all over the board, and I think it is because your initial question is confusing. Or maybe I'm confused. Let me see if I can get this straight.
You are buying an allocation, a car you can build to your own spec, at MSRP. You are also buying then re-selling another car, a cancelled order, back to the dealer for a net loss of $20K.
So, as I understand it, what others think the "flip value" is really doesn't make a difference. The cancelled order car doesn't really matter as well, since the dealer will buy it right back from you, with you losing $20K in the deal.
So, what it really boils down to is that you are buying an allocation to build a car to your specs at $20K over MSRP..
The correct question to ask, then, is "What is the current ADM for an allocation?". It seems this whole process is just a convoluted way for the dealership to get an ADM.
I suggest you negotiate on that $20K ADM, Once you get to a number you are comfortable with, I suggest you DO NOT yet buy the cancelled car order. Buy it if and only if your ordered allocation car is delivered. or at the very least in production with a VIN #.. You DO NOT want to get stuck with the cancelled order car and not have the car you built.
"
#36
So. To sum it up: OP is paying 20k to be able to spec his own GT3 and jump ahead of other customers.
That seems like it is par for the course. Too many people, not enough personally spec-able cars.
That seems like it is par for the course. Too many people, not enough personally spec-able cars.
#37
Rennlist Member
...and the 'good guy MSRP only' dealer gets ADM on two NEW cars, one of which is guaranteed months in advance of delivery. This is why we hate Porsche dealers.
#38
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I'll be the contrarian. Its not that bad. Everyone here is getting a little hysterical
Let me explain. There are very few brand new allocations available. And so if you want to spec your own car, the end of the road is here. That cost is around a $15-20K ADM. So if you want to spec a car, that is the price of admission. Of course you can do much better if you just buy something on the ground. AND that's why i dont think its such a bad deal. YOU obviously want to spec a car and for that you will pay $20K
Now why they are making you buy, sell, buy is beyond me - seems like they are just avoiding the "we are an ADM dealer". You may have to play that game only if you cant find an allocation for $20K over (would be far easier) AND you want a specced car.
Let me explain. There are very few brand new allocations available. And so if you want to spec your own car, the end of the road is here. That cost is around a $15-20K ADM. So if you want to spec a car, that is the price of admission. Of course you can do much better if you just buy something on the ground. AND that's why i dont think its such a bad deal. YOU obviously want to spec a car and for that you will pay $20K
Now why they are making you buy, sell, buy is beyond me - seems like they are just avoiding the "we are an ADM dealer". You may have to play that game only if you cant find an allocation for $20K over (would be far easier) AND you want a specced car.
#41
Burning Brakes
I did that, and gave them my credit card too. The sales guy thought he could get the allocation assigned to me. The GM said no, showed me a stack of folders which he said was a waitlist of loyal customers. Then they offered me the acancelled order. I came up w/ the buy/trade if I could get the allocation. They came up w/ 20k below msrp. So these guys aren't letting a build go to someone with no history.
#42
Rennlist Member
What is the MSRP? Can you sell it to me as a private seller after you take delivery? I would pay 10k under sticker and you save $10k. PM build sheet if you can. Is it here? I'm just thinking about buying it for 3 months while I wait for my 3RS. Then I'll just trade it in and take the hit. Need something to drive (need might be a strong word. haha)
#43
Rennlist Member
Hi,
Has anyone flipped a newly bought GT3 back to a dealer and what did they give for it?
Assume no miles added and you flip it back same day or right away.
Of course many will want to know why someone would do this... let's just say it's the price of admission.
Thanks
Has anyone flipped a newly bought GT3 back to a dealer and what did they give for it?
Assume no miles added and you flip it back same day or right away.
Of course many will want to know why someone would do this... let's just say it's the price of admission.
Thanks
GLWS and your GT3RS early arrival
What is the MSRP? Can you sell it to me as a private seller after you take delivery? I would pay 10k under sticker and you save $10k. PM build sheet if you can. Is it here? I'm just thinking about buying it for 3 months while I wait for my 3RS. Then I'll just trade it in and take the hit. Need something to drive (need might be a strong word. haha)
My guess is OP is trying to establish a "relationship" with the dealership for future transactions
#44
Sounds like a good way to inflate the dealers sales numbers.
#45
Rennlist Member
Based on your selection of "turning it back into the dealer", you've probably gotten a sense of how difficult it is to sell to this picky crowd.
GLWS and your GT3RS early arrival
Yep, AZ and NV folks would be the prime targets with the private party sales incurring no sales tax.
My guess is OP is trying to establish a "relationship" with the dealership for future transactions
GLWS and your GT3RS early arrival
Yep, AZ and NV folks would be the prime targets with the private party sales incurring no sales tax.
My guess is OP is trying to establish a "relationship" with the dealership for future transactions
Personally, the relationship thing is probably a little overrated. All dealers love you as long as you keep writing checks and losing money. Those charging ADMs are not your friend. . It's a business deal.