Let's play name that Speedster ADM...
05-16-2019, 10:03 PM
#46
BOTH of you are correct. 
Especially this driving season, late spring, summer, early fall, I would be hard pressed to see a dealer selling these GT* cars at MSRP. It is called "Reality Check" time. 
Those I hear who get cars at MSRP are VIP and VVIP who buys multiple cars every year.
Drive safe,
GT3RS-Fan1
Especially this driving season, late spring, summer, early fall, I would be hard pressed to see a dealer selling these GT* cars at MSRP. It is called "Reality Check" time. Those I hear who get cars at MSRP are VIP and VVIP who buys multiple cars every year.
Drive safe,
GT3RS-Fan1
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Mattyrae (10-20-2019)
05-16-2019, 10:55 PM
#47
Rennlist Member
05-16-2019, 11:13 PM
#48
Rennlist Member
I was offered an MSRP allocation earlier today and I can't decide if I want it or not.
The fact that I'm not jonesing for this car at this price is quite telling.
As of now I'm slightly leaning against pulling the trigger because I really should be super excited about such a car, but the specs and reviews have left me mostly feeling meh about it.
It's not even really a money thing, they just offered so little extra over the other GT cars to excite me about the car and to make me believe I'm getting something really special ... something more than a manual top 992 GT3.
I still may end up taking it ... I'm desperately dissecting all the reviews to try and find what it is that I'm missing that might get me excited about this car.
I say all this on this thread to note that I have spoken to several people in my same situation (vips and non vips), people who have no interest in a flip or paralyzed by values ... some are passing, some can't decide, and some are taking it because they can afford to have 'why not?' attitude.
I'm terrible at projecting values, but other than for peeps who's ego dictates that they must be the first one on instagram with something, within a few months adms and flip premiums should stay pretty low on this car. Plus my understanding is that they're all being built in a three month span this fall, so expect like a hundred of them to land on the open market almost simultaneously from flippers trying to make a few bucks at the front end. Fwiw my guess is that come dec/jan 2020 you should be able to pick one up from one of them at pretty close to msrp.
The fact that I'm not jonesing for this car at this price is quite telling.
As of now I'm slightly leaning against pulling the trigger because I really should be super excited about such a car, but the specs and reviews have left me mostly feeling meh about it.
It's not even really a money thing, they just offered so little extra over the other GT cars to excite me about the car and to make me believe I'm getting something really special ... something more than a manual top 992 GT3.
I still may end up taking it ... I'm desperately dissecting all the reviews to try and find what it is that I'm missing that might get me excited about this car.
I say all this on this thread to note that I have spoken to several people in my same situation (vips and non vips), people who have no interest in a flip or paralyzed by values ... some are passing, some can't decide, and some are taking it because they can afford to have 'why not?' attitude.
I'm terrible at projecting values, but other than for peeps who's ego dictates that they must be the first one on instagram with something, within a few months adms and flip premiums should stay pretty low on this car. Plus my understanding is that they're all being built in a three month span this fall, so expect like a hundred of them to land on the open market almost simultaneously from flippers trying to make a few bucks at the front end. Fwiw my guess is that come dec/jan 2020 you should be able to pick one up from one of them at pretty close to msrp.
05-16-2019, 11:16 PM
#49
He is, but just going to Martinize it
05-17-2019, 01:17 AM
#51
Drifting
I heard DTLA was asking $150k ADM. If you do the math, based on CA sales tax, that makes this easily a HALF MILLION dollar proposition: $250k if you get a stripper + $150k ADM + 9% sales tax (the ADM is taxed, FYI) + registration, etc = $500,000ish. If you want PTS, 911 R fairy dust, etc, this car could hit well over $500,000, depending on the ADM. DTLA also had $100k+ ADMs for the GT2 RS. I know because someone who works there told me.
05-17-2019, 02:20 AM
#52
Rennlist Member
05-17-2019, 02:33 AM
#53
Rennlist Member
05-17-2019, 02:36 AM
#54
Three Wheelin'
Good for you. You are unique in your situation because while you do not buy yearly in multiples, you are a "frequent buyer" on practically new GT* model releases.
Unique enough in such a way that when you need to turnover the car, which is not for long, you return it from your purchasing dealer who in turn resells at a price above MSRP. So in this case it is a "Win-Win" situation for both you and your dealer. ADM isn't really lost on the car, but shuffled discreetly.
The limited and numbered Speedster is produced at a higher volume (1948) compared to the 911R (991) and Turbo S Exclusive Series (500) as of late. I wouldn't be surprised if a "select few" like you who have established "Special Relationship" with a dealer acquires a Speedster at MSRP. Good for those folks without a doubt. However, if this Speedster were produced below 1,000 copies, we would already know how high the ADM outcome, and I would be very interested to see if anyone will get such cars at MSRP, based on recent experiences with limited and numbered cars.
Plus we have seen Porsche marking up these cars much higher $$$ than previous model releases such as the GT2RS, and now the Speedster cutting out, or discouraging the "flippers" in a way. The GT2RS I can understand why it is expensive. After all it is the fastest and currently reigning King of Nurburgring. Speedster however is bloated in price and not much in uniqueness. If the Speedster had the center fuel door, talbot design side mirrors, new design rims, etc., etc., which were shown on the prototype introduction which never made it in production launch, the ADM would stay longer and will be higher than what we perceive today.
At any rate congrats if you are able to secure a Speedster at MSRP.
Drive safe,
GT3RS-Fan1
Unique enough in such a way that when you need to turnover the car, which is not for long, you return it from your purchasing dealer who in turn resells at a price above MSRP. So in this case it is a "Win-Win" situation for both you and your dealer. ADM isn't really lost on the car, but shuffled discreetly.
The limited and numbered Speedster is produced at a higher volume (1948) compared to the 911R (991) and Turbo S Exclusive Series (500) as of late. I wouldn't be surprised if a "select few" like you who have established "Special Relationship" with a dealer acquires a Speedster at MSRP. Good for those folks without a doubt. However, if this Speedster were produced below 1,000 copies, we would already know how high the ADM outcome, and I would be very interested to see if anyone will get such cars at MSRP, based on recent experiences with limited and numbered cars.
Plus we have seen Porsche marking up these cars much higher $$$ than previous model releases such as the GT2RS, and now the Speedster cutting out, or discouraging the "flippers" in a way. The GT2RS I can understand why it is expensive. After all it is the fastest and currently reigning King of Nurburgring. Speedster however is bloated in price and not much in uniqueness. If the Speedster had the center fuel door, talbot design side mirrors, new design rims, etc., etc., which were shown on the prototype introduction which never made it in production launch, the ADM would stay longer and will be higher than what we perceive today.
At any rate congrats if you are able to secure a Speedster at MSRP.
Drive safe,
GT3RS-Fan1
05-17-2019, 02:52 AM
#55
Drifting
You mean getting a GT car at MSRP, sell it back to your dealer in a very short time with very little miles on the clock, so they can sell the car at "market" price? Oh yeah, you definitely found one of the few good dealers out there
05-17-2019, 03:13 AM
#56
05-17-2019, 03:17 AM
#57
Good for you. You are unique in your situation because while you do not buy yearly in multiples, you are a "frequent buyer" on practically new GT* model releases.
Unique enough in such a way that when you need to turnover the car, which is not for long, you return it from your purchasing dealer who in turn resells at a price above MSRP. So in this case it is a "Win-Win" situation for both you and your dealer. ADM isn't really lost on the car, but shuffled discreetly.
The limited and numbered Speedster is produced at a higher volume (1948) compared to the 911R (991) and Turbo S Exclusive Series (500) as of late. I wouldn't be surprised if a "select few" like you who have established "Special Relationship" with a dealer acquires a Speedster at MSRP. Good for those folks without a doubt. However, if this Speedster were produced below 1,000 copies, we would already know how high the ADM outcome, and I would be very interested to see if anyone will get such cars at MSRP, based on recent experiences with limited and numbered cars.
Plus we have seen Porsche marking up these cars much higher $$$ than previous model releases such as the GT2RS, and now the Speedster cutting out, or discouraging the "flippers" in a way. The GT2RS I can understand why it is expensive. After all it is the fastest and currently reigning King of Nurburgring. Speedster however is bloated in price and not much in uniqueness. If the Speedster had the center fuel door, talbot design side mirrors, new design rims, etc., etc., which were shown on the prototype introduction which never made it in production launch, the ADM would stay longer and will be higher than what we perceive today.
At any rate congrats if you are able to secure a Speedster at MSRP.
Drive safe,
GT3RS-Fan1
Unique enough in such a way that when you need to turnover the car, which is not for long, you return it from your purchasing dealer who in turn resells at a price above MSRP. So in this case it is a "Win-Win" situation for both you and your dealer. ADM isn't really lost on the car, but shuffled discreetly.
The limited and numbered Speedster is produced at a higher volume (1948) compared to the 911R (991) and Turbo S Exclusive Series (500) as of late. I wouldn't be surprised if a "select few" like you who have established "Special Relationship" with a dealer acquires a Speedster at MSRP. Good for those folks without a doubt. However, if this Speedster were produced below 1,000 copies, we would already know how high the ADM outcome, and I would be very interested to see if anyone will get such cars at MSRP, based on recent experiences with limited and numbered cars.
Plus we have seen Porsche marking up these cars much higher $$$ than previous model releases such as the GT2RS, and now the Speedster cutting out, or discouraging the "flippers" in a way. The GT2RS I can understand why it is expensive. After all it is the fastest and currently reigning King of Nurburgring. Speedster however is bloated in price and not much in uniqueness. If the Speedster had the center fuel door, talbot design side mirrors, new design rims, etc., etc., which were shown on the prototype introduction which never made it in production launch, the ADM would stay longer and will be higher than what we perceive today.
At any rate congrats if you are able to secure a Speedster at MSRP.
Drive safe,
GT3RS-Fan1
05-17-2019, 03:25 AM
#58
05-17-2019, 03:15 PM
#59
Drifting
I go to Thermal quite a bit, haven't been to Spring Mountain in some time now. Maybe I will go again once day.
Going back to your point, there is nothing wrong with cooperating with a dealer, but you have been very vocal about "stealers", yet you are doing the exact same thing that you've been bashing on for ages here on RL. What's difference between a dealer asking ADM on a new car versus a dealer selling at market value for an almost new/used car? No difference in my eyes and that seems hypocritical.
Going back to your point, there is nothing wrong with cooperating with a dealer, but you have been very vocal about "stealers", yet you are doing the exact same thing that you've been bashing on for ages here on RL. What's difference between a dealer asking ADM on a new car versus a dealer selling at market value for an almost new/used car? No difference in my eyes and that seems hypocritical.
Well considering that I wasn't driving the GT3 and it was sitting in my garage collecting, it was only right to sell it back to the dealer that gave me that MSRP allocation...kinda good karma thing to do, isn't it? Last time I checked, a business relationship is a two-way street and I've always taken care of service providers who have taken care of me. I would have probably gotten $15k-$20k over MSRP for the car if I sold it myself private party. Unlike you and some of the other big ballers on here, I'm a poor working stiff with limited garage space and more importantly limited funds so cars that I don't drive get sold. On the bright side, I got over 1,000 miles on my .2RS and I'm hitting Spring Mountain with PCA LV Memorial Day weekend to depreciate it more...you should come out as they are running the OG 3.4 mile course.
Last edited by unotaz; 05-17-2019 at 06:19 PM.
05-17-2019, 03:26 PM
#60
SJW, a Carin' kinda guy
Rennlist Member
Rennlist Member
I go to Thermal quite a bit, haven't been to Spring Mountain in some time now. Maybe I will go again once day.
Going back to your point, there is nothing wrong with working a dealer, but you have been very vocal about "stealers" but you are doing the exact same thing that you bash on for ages here on RL. What's difference between a dealer asking ADM on a new car versus a dealer selling at market value for an almost new/used car? Nothing in my eyes.
Going back to your point, there is nothing wrong with working a dealer, but you have been very vocal about "stealers" but you are doing the exact same thing that you bash on for ages here on RL. What's difference between a dealer asking ADM on a new car versus a dealer selling at market value for an almost new/used car? Nothing in my eyes.