phefner

Norcalgt3

Randy M

I have been hearing more advertisements for home equity loans lately. Similar to what I used to hear in '06. CC debt is also at an all time high so we may have another recession brewing.

Vintage72

The soon to happen recession is real - or so I have been telling myself for the last few years . . . . . .

usctrojanGT3

Auto loan defaults are up a lot in the past year. I think people have extended themselves a bit.

usctrojanGT3

That's because the refi business is almost dead due to the higher rates.

Randy M

RE values are up as well so people want to dip into that equity. I just wish people would learn and be more disciplined. History repeats...

usctrojanGT3

It does, especially as time goes by and people forget. I worked in banking in 2008 so I saw it go down first hand and will never forget it.

RyanSD

This is why I am holding off on upgrading to a .2 GT3 or a 488.

rodsky

i dont think we need a recession for prices to come down. I am not a flipper and i will proudly say that i have lost money on every car i have bought. I will wait to buy a GT3 (probably T) when things settle down a bit more. But i think that will be a keeper (kind of an old school, MT, throwback with modern tech). Have no time for more cars right now. The T would not replace anything i currently have.

Bottom line - this frenzy is caused by flippers - they made too many for the 991 GT3 to be a collectible / scarce. Its on its way down.

Jimmy-D

I still have friends who have been sitting on the sidelines for 3 years waiting so they can jump in the market. - Imagine that!!!!

RyanSD

I wouldnt want to buy any car like this when theres a recession. I will invest my money elsewhere because it will probably effect my business a little bit. I like to be prepared and the cars I have are plenty of fun.

There are too many but I am glad. I wish that dealers let people who wanted to order them, order them the way they wanted though.

Buddhamonk

This PTS, bucket, 6MT just sold for 20K under MSRP this morning

evilfij

usctrojanGT3

Was it sold without a reserve price? If so, the buyer got a good deal.