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Market Glut....GT3 and gt3rs ?

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Old 04-12-2017, 04:57 PM
  #16  
jlee504
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Originally Posted by usctrojanGT3
Did they even attempt to counter you or meet you in the middle or did you just hear crickets when you offered them $122k?
They just straight up passed. They told me this was "the last naturally aspirated 911". So they would get what they wanted. I even asked them "are you sure?"

The economy is just too good.
Old 04-12-2017, 05:20 PM
  #17  
LehmanZ06
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It ain't that good, because the car is sitting there.
Old 04-12-2017, 05:22 PM
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usctrojanGT3
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Originally Posted by LehmanZ06
It ain't that good, because the car is sitting there.
Let the thing sit there for another 6 months while they keep paying the flooring interest on it. I would have had that sucker sold and off the flooring line but hey what do I know about running a dealership.
Old 04-12-2017, 05:27 PM
  #19  
usctrojanGT3
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Originally Posted by jlee504
They just straight up passed. They told me this was "the last naturally aspirated 911". So they would get what they wanted. I even asked them "are you sure?"

The economy is just too good.
And if I were the running the dealer, I'd come about at you with...."hey look, we can't let it go for $122k but how about $127k?" and then after some back and forth I bet we would have gotten the deal done around $125-126k.
Old 04-12-2017, 05:29 PM
  #20  
usctrojanGT3
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Originally Posted by mooty
it's 70+

bank money
low rate
they not hurry

unfortunately new
gt3 wontbhave too
much impact
on current rs. it's not 100+ anymore but
here is premium. the next Rs? if u didn't land
a current rs........
What'd they pay for it? $50k over? Let it sit and have them keep paying the low interest flooring line. I hope the FED keeps increasing rates more. They also better hope we don't send troops into Syria or have some stupid crap happen with North Korea.
Old 04-12-2017, 06:15 PM
  #21  
997rs4.0
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Originally Posted by Archimedes
Where is that ad? The only one I see is the guy asking $205 for the GTSilver one, but there are reasons why that car is a lower premium car. Options, miles, mods.
Oh, ok! I thought it only had 700 miles? My bad.
Old 04-13-2017, 01:29 AM
  #22  
TRAKCAR
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Originally Posted by LehmanZ06
I just went by Porsche of West Broward.

Looked like around 6 991.1 GT3 RS for sale
5 991.1 GT3 for sale
2 997.2 GT3 RS for sale

I guess most of them were on consignment, that's a guess, but wow never so so many together. They didn't look like they had much in way of miles on them....or at least the tires looked new.
Same at Champion.

Originally Posted by mooty
it's 70+

bank money
low rate
they not hurry

unfortunately new
gt3 wontbhave too
much impact
on current rs. it's not 100+ anymore but
here is premium. the next Rs? if u didn't land
a current rs........
Right.

Originally Posted by 997rs4.0
One 991rs with 700 miles sitting in the classifieds at $207k!
Would think that would sell before any of these dealers sell theirs.
If I was in the market I would offer msrp and leave my phone number. Call me when you want to sell the car.
Originally Posted by Archimedes
Where is that ad? The only one I see is the guy asking $205 for the GTSilver one, but there are reasons why that car is a lower premium car. Options, miles, mods.
Those cars could be 25-30K over.
You can buy my purple one for less soon.

Originally Posted by usctrojanGT3
Let the thing sit there for another 6 months while they keep paying the flooring interest on it. I would have had that sucker sold and off the flooring line but hey what do I know about running a dealership.
Its a race..
Will inventory sell out, or will the new RS arrive first @ MSRP?

Inventory takes a while for all flippers to shake out, but this time around there are way more buyers than RS. Until, like you say the economy makes the "nextRS" MSRP for everyone a la 2009-2011.

Who knows, I just signed up for another day at Sebring next week..
Old 04-13-2017, 01:57 AM
  #23  
I am the Walrus
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It's a combination of factors that come into play...
For example, if a guy comes in, sits down at the desk, has the funds/credit ready and is easygoing with his attitude for a vehicle that is available, then things could turn out well.
As to the above scenario imho I've found it to be accurate...
On the oooother hand.. shudder... there are many people that are completely oblivious to how they behave and it doesn't surprise me why they continue to fail in this avenue among most of their other choices
One of the greatest benfits/perks of the free market is to choose to have no interaction with those you choose
Viva GT3 et al :-)
(and I bought a AMG GT S due to the 991.1lack of supply/ GT3 markups)
Old 04-13-2017, 07:57 AM
  #24  
manouk
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Default Gt3rs

Originally Posted by 997rs4.0
One 991rs with 700 miles sitting in the classifieds at $207k!
Would think that would sell before any of these dealers sell theirs.
If I was in the market I would offer msrp and leave my phone number. Call me when you want to sell the car.
yes that's my car but has 775 miles and gt silver also
Old 04-13-2017, 08:35 AM
  #25  
nuvolari612
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Originally Posted by jlee504
They just straight up passed. They told me this was "the last naturally aspirated 911". So they would get what they wanted. I even asked them "are you sure?"

The economy is just too good.
Keep hearing that is true - last NA RS.
Old 04-13-2017, 09:43 AM
  #26  
997rs4.0
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These dealers need to react to the situation faster.

Same goes for every market correction/change. Going from appreciating assets to depreciation assets is hard.
That's just part of the game. Slow to react to current market means loose more money.
Real estate, stock market everything the same.
Old 04-13-2017, 01:36 PM
  #27  
Archimedes
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Originally Posted by TRAKCAR

Those cars could be 25-30K over.
You can buy my purple one for less soon.
The car I'm referring to, which was not Manouk's car, is asking $205k, which seems low, until you look at the build, the miles and the options. It's a very low option car, so the premium is still about $24k; plus it has almost 4,000 miles on it, has been lowered, and has aftermarket wheels on it that are definitely of the 'you either love em or hate em' variety. Personally, I don't think he's going to get $205k for that car, but whadda I know.

Manouk's car is a different story. It's a great build, stock, low miles and priced right. If it were in the States, it would have sold already.
Old 04-13-2017, 01:54 PM
  #28  
Tosilog
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They are probably betting on the driving season just getting started and still good economy. By late summer and the imminent announcement of the .2 RS, they might have to rethink their pricing strategy
Old 04-13-2017, 03:51 PM
  #29  
drdonger
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It is going to be hilarious when this bull market ends and the economy takes a dip.
Old 04-13-2017, 11:10 PM
  #30  
tmario
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floor interest is still low with rates where they are. Maybe if rates rise it will change but I think they stay low. Too much money chasing yield.


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