CPO GT3s lined up for sale - local dealer
#16
They would be sold if the dealers are willing to sell at msrp, or a bit below. A lot of people that want one and can afford these cars have a problem with ADMs, it is as if knowingly being taken advantage of and still agreeing to it, or simply put, nobody likes to think of themselves as a "sucker".
#18
Drifting
Yeah I don't buy the reasoning. It is certainly the number one flipper excuse used on RL. If it were true then folks that use this excuse would be selling cars with far more than delivery or couple hundred of miles. These are good P customers and take advantage of every MSRP deal their dealer gives them with ZERO intent of driving it. They already know they are getting an RS allocation. Great part this time is with the economy and high production numbers the flippers got smoked and the MT "R" frenzy they thought would happen. I hope this continues so when the 992's come out we see a little less flipping.
#19
Race Car
#20
Rennlist Member
Thread Starter
Originally Posted by goin2drt
Yeah I don't buy the reasoning. It is certainly the number one flipper excuse used on RL. If it were true then folks that use this excuse would be selling cars with far more than delivery or couple hundred of miles. These are good P customers and take advantage of every MSRP deal their dealer gives them with ZERO intent of driving it. They already know they are getting an RS allocation. Great part this time is with the economy and high production numbers the flippers got smoked and the MT "R" frenzy they thought would happen. I hope this continues so when the 992's come out we see a little less flipping.
Porsche may sell as many 992 GT car variants as they can and production of 991s will seem minuscule....they will go for the money.....
#21
Race Car
Porsche may have come close to diluting the exclusivity of the GT brand going forward and moving to VW philosophy of selling critical mass across their brands in their stable.....they just built too many GT3/2/RS, etc....the only thing they left as far as exclusivity is the Speedster....
Porsche may sell as many 992 GT car variants as they can and production of 991s will seem minuscule....they will go for the money.....
Porsche may sell as many 992 GT car variants as they can and production of 991s will seem minuscule....they will go for the money.....
#23
Rennlist Member
Another problem for some of the dealers is they gave too much money for the GT3 on trade against new 3RS and 2RS. I know my dealer gave me MSRP on trade in and even though he did OK on mine (I think he sold it for 15k over), he took several others on trade as well at the same time that they are still sitting on. The market took a big drop late last fall (around November I think). My dealer has 5 or 6 of them and they have lowered prices on them to where they are close to their cost I'm betting.
#24
Rennlist Member
Thread Starter
Originally Posted by joejenie
Another problem for some of the dealers is they gave too much money for the GT3 on trade against new 3RS and 2RS. I know my dealer gave me MSRP on trade in and even though he did OK on mine (I think he sold it for 15k over), he took several others on trade as well at the same time that they are still sitting on. The market took a big drop late last fall (around November I think). My dealer has 5 or 6 of them and they have lowered prices on them to where they are close to their cost I'm betting.
Not seeing as many CPO 991.2 GT3s for sale, but a fair amount of 991.1 RSs.....
Real track guys are keeping their cars longer it seems.....
#25
Rennlist Member
Part of the appeal of GT cars was the fact that their depreciation curve historically has been much slower than other sport/weekend ,
so that brought people into the GT market that otherwise might have bought other options ,
now what happened is Porsche decided to increase production significantly and that led to plenty of cars sitting at dealer lots
also a lot of dealers got greedy , and held on selling their allocations , and built these cars to sell for a higher ADM on arrival
so how this shake up , no one knows exact path details
but what we know for certain is demand and supply curve is now tilted to much more supply than demand , and this will put downward pressure on prices , but lower prices will bring more people into the GT market
so we will see
so that brought people into the GT market that otherwise might have bought other options ,
now what happened is Porsche decided to increase production significantly and that led to plenty of cars sitting at dealer lots
also a lot of dealers got greedy , and held on selling their allocations , and built these cars to sell for a higher ADM on arrival
so how this shake up , no one knows exact path details
but what we know for certain is demand and supply curve is now tilted to much more supply than demand , and this will put downward pressure on prices , but lower prices will bring more people into the GT market
so we will see
#27
Rennlist Member
Thread Starter
Originally Posted by pitt911
Part of the appeal of GT cars was the fact that their depreciation curve historically has been much slower than other sport/weekend ,
so that brought people into the GT market that otherwise might have bought other options ,
now what happened is Porsche decided to increase production significantly and that led to plenty of cars sitting at dealer lots
also a lot of dealers got greedy , and held on selling their allocations , and built these cars to sell for a higher ADM on arrival
so how this shake up , no one knows exact path details
but what we know for certain is demand and supply curve is now tilted to much more supply than demand , and this will put downward pressure on prices , but lower prices will bring more people into the GT market
so we will see
so that brought people into the GT market that otherwise might have bought other options ,
now what happened is Porsche decided to increase production significantly and that led to plenty of cars sitting at dealer lots
also a lot of dealers got greedy , and held on selling their allocations , and built these cars to sell for a higher ADM on arrival
so how this shake up , no one knows exact path details
but what we know for certain is demand and supply curve is now tilted to much more supply than demand , and this will put downward pressure on prices , but lower prices will bring more people into the GT market
so we will see
#28
Rennlist Member
Thread Starter
Originally Posted by STALKER99
Other way to see this, dealers are holding and accumulating inventory to set prices in your area.
#29