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New GT2 RS ADM

Old 02-17-2019, 12:06 AM
  #16  
wisky
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The hype is dying. I think non PTS GT2 RS will be trading at MSRP in a matter of months. Lots of bag holders out there.
Old 02-17-2019, 10:11 AM
  #17  
Z06
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Just one dealership in Toronto had, 7 or more GT2"s.. when ordering my 3.RS. there were 4 GT2's there, .... that's a lot.. Porsche paid attention to the demand. Not even close to production vs.buyers anymore.

My 09. 997 GT2, 9 in Canada, thats 2 years of production. 30 in North America ..those days are gone, taking advantage of flipping and resale.
Old 02-17-2019, 10:13 AM
  #18  
rmag
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Actual point I reference. I listed my chalk gt2rs for sale on rennlist/car/autotrader/ebay last week.. Two types of buyers - individuals and dealers. Most individuals were clueless, offers from 30k under msrp - msrp.. Within a day multiple offers from Porsche dealerships from 35-40k over. Sold it with no hassle to a dealer.
Old 02-17-2019, 10:15 AM
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mchrono
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4 sitting at various dealerships around here asking $50-$70 over.
Old 02-17-2019, 11:09 AM
  #20  
FORENN
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The trajectory is in the buyer's favor. I'm a buyer at MSRP for the right spec and with each passing week, I'm more confident it will happen. As they say, patience is a virtue.
Old 02-17-2019, 12:57 PM
  #21  
sampelligrino
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Originally Posted by FORENN
The trajectory is in the buyer's favor. I'm a buyer at MSRP for the right spec and with each passing week, I'm more confident it will happen. As they say, patience is a virtue.
Seems like your patience should pay off looking at listing prices of late dropping, best of luck in your search. Even at MSRP the price is quite high for a 911, since people bore in on the ADM aspect
Old 02-17-2019, 01:19 PM
  #22  
silvertige
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Originally Posted by rmag
Actual point I reference. I listed my chalk gt2rs for sale on rennlist/car/autotrader/ebay last week.. Two types of buyers - individuals and dealers. Most individuals were clueless, offers from 30k under msrp - msrp.. Within a day multiple offers from Porsche dealerships from 35-40k over. Sold it with no hassle to a dealer.
Very interesting. Lots of dreamers per usual. In reality, the market is the market and if what your saying is true then ADM is still quite high.
Old 02-17-2019, 02:23 PM
  #23  
DealMarker
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Originally Posted by rmag
Actual point I reference. I listed my chalk gt2rs for sale on rennlist/car/autotrader/ebay last week.. Two types of buyers - individuals and dealers. Most individuals were clueless, offers from 30k under msrp - msrp.. Within a day multiple offers from Porsche dealerships from 35-40k over. Sold it with no hassle to a dealer.
Those dealers will be lucky to breakeven.
Old 02-17-2019, 02:27 PM
  #24  
Waxer
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A month ago I was offered a nice spec a $50K over by my dealer.
The ADM's are melting. Those holding out for $100K or more are dreaming at this point.
You can buy now for $25K over. By summer MSRP.
During summer, used below MSRP.

As someone said there are going to be a lot of "bag holders" who bought in at $100K to $150K over. Ouch.
Old 02-17-2019, 02:43 PM
  #25  
DealMarker
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Originally Posted by Waxer
A month ago I was offered a nice spec a $50K over by my dealer.
The ADM's are melting. Those holding out for $100K or more are dreaming at this point.
You can buy now for $25K over. By summer MSRP.
During summer, used below MSRP.

As someone said there are going to be a lot of "bag holders" who bought in at $100K to $150K over. Ouch.
The funny part is that there are some out there that bought for more than $150k over because they probably believed that Porsche would only build a limited number of cars. When will people learn that these cars aren't investments?
Old 02-17-2019, 02:44 PM
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rosenbergendo
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MSRP soon.
Old 02-17-2019, 02:44 PM
  #27  
Maverick787
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Goodness for all buyers Porsche has made flipping a tad difficult by adding supply. Hope this will stop the treating a car like it’s some sort of financial instrument vs it’s only a car. Go drive and have fun.
Old 02-17-2019, 03:04 PM
  #28  
sampelligrino
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Originally Posted by silvertige
Very interesting. Lots of dreamers per usual. In reality, the market is the market and if what your saying is true then ADM is still quite high.
IMO $30-40k is quite the fall off in a relatively short period of time from 150k, that is one downward trend

Originally Posted by Maverick787
Goodness for all buyers Porsche has made flipping a tad difficult by adding supply. Hope this will stop the treating a car like it’s some sort of financial instrument vs it’s only a car. Go drive and have fun.
Absolutely, PAG seemingly made a ton of .2 GT product. Every single Porsche dealership I've swung by seems to have 5-10 around. Either CPO, in PDI waiting to be delivered, or rotting on the lot with ADM. That leads me to believe the "bottleneck" are these dealers, not PAG production
Old 02-17-2019, 03:06 PM
  #29  
rmag
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Originally Posted by DealMarker
Those dealers will be lucky to breakeven.
Nah, both dealers already had buyers lined up. They probably retailed it out 10-15k over what they paid me.
Old 02-17-2019, 03:35 PM
  #30  
yesyoucan
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Depends on the type of customer buying. Straight out purchase then lower ADM.

Buyer going through dealer may want to get rid of car or in sometimes cars(s) and only way to do that is to go through a dealer that is willing to trade. The trade in ADM's will be higher because the trade in buyer is limited in getting rid of cars that they don't want anymore.

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