Why so many .2 GT3's for sale?
11-28-2018, 05:21 PM
#16
Rennlist Member
Because people realized the flipping days of a few years ago are over and they are trying to get out (with their ADM) before the music stops.
11-28-2018, 05:39 PM
#17
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This year, the stock market has averaged sideways with a lot of volatility. Unemployment rate can't really go any lower. Interest rates gradually going up. Effect of the tax cut maybe already fully factored in. Maybe some people are getting spooked and want to sell their cars before the stock market and economy cool off.
11-28-2018, 05:42 PM
#18
Last edited by Dot23RS; 11-29-2018 at 07:02 PM.
11-28-2018, 05:51 PM
#19
130, if they are for sale are less than 3 per state, my guess is 75% are in CA, TX, FL. Check the Mclaren numbers especially depreciation. Some number of people ordered/bought these cars with no intention of keeping them.
11-28-2018, 06:09 PM
#20
IMO I'd bet many snatched an allocation and specced a car simply because they could (whether offered at MSRP or paid an ADM), due to the hype with the return of the MT and magical number 4 in the displacement coming off of the heels of the 991R. So now the car is built and en route, meanwhile owner hasn't realized they are actually buying a new car that he or she may or may not even need or want
11-28-2018, 10:15 PM
#22
Rennlist Member
11-28-2018, 10:27 PM
#24
Rennlist Member
11-28-2018, 10:31 PM
#25
@montoya^
there are currently 139 2018/19 base GT3’s advertised on autotrader alone, knowing there are already ~3k built for NA it means only ~4.5% are for sale and I’d be doubtful all of those 139 are actually available and for sale today. There’s a reason ADM’s still exist and will through production end. They built a lot of these cars but demand always exceeded production.
this coming from the guy that couldn’t believe there were 2,749 verified GT3 for NA as of last week haha.
it is crazy how fast PAG is cranking out these GT cars.
there are currently 139 2018/19 base GT3’s advertised on autotrader alone, knowing there are already ~3k built for NA it means only ~4.5% are for sale and I’d be doubtful all of those 139 are actually available and for sale today. There’s a reason ADM’s still exist and will through production end. They built a lot of these cars but demand always exceeded production.
this coming from the guy that couldn’t believe there were 2,749 verified GT3 for NA as of last week haha.
it is crazy how fast PAG is cranking out these GT cars.
Last edited by Dot23RS; 11-28-2018 at 10:47 PM.
11-28-2018, 10:50 PM
#26
Instructor
there is a brand NEW never titled GT3 very well specked in the PNW, 4 weeks and no love.....Hum... I would have bought it but the dealer wanted 20K ADM. As I told them, I would have paid MSRP... the market is not that hot anymore. the .2 is around the corner...
11-29-2018, 01:12 AM
#27
Rennlist Member
@montoya^
there are currently 139 2018/19 base GT3’s advertised on autotrader alone, knowing there are already ~3k built for NA it means only ~4.5% are for sale and I’d be doubtful all of those 139 are actually available and for sale today. There’s a reason ADM’s still exist and will through production end. They built a lot of these cars but demand always exceeded production.
this coming from the guy that couldn’t believe there were 2,749 verified GT3 for NA as of last week haha.
it is crazy how fast PAG is cranking out these GT cars.
there are currently 139 2018/19 base GT3’s advertised on autotrader alone, knowing there are already ~3k built for NA it means only ~4.5% are for sale and I’d be doubtful all of those 139 are actually available and for sale today. There’s a reason ADM’s still exist and will through production end. They built a lot of these cars but demand always exceeded production.
this coming from the guy that couldn’t believe there were 2,749 verified GT3 for NA as of last week haha.
it is crazy how fast PAG is cranking out these GT cars.
139/2383 <-USA cars on the ground with VINs and not those not yet to be produced equals 5.8%
source here where you said ‘good job’ to Ryantt who I reference https://rennlist.com/forums/showpost...&postcount=724
Canadian cars are not normally on Autotrader.com
I take that back, this is a stupid game and I’m done playing. Who cares- I have mine and it’s not for sale.
11-29-2018, 01:23 AM
#28
Rennlist Member
5% doesn't seem like a big market. In airplanes, that's a sellers market. 10% is the equilibrium in that market.
12-01-2018, 06:19 AM
#29
Platinum Dealership
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More relevant numbers
Over 180 Porsche dealers in the country
Over 30,000 911's sold in the last 4 years
Are 100 of any non 918 model upsetting a market?
If dealers had one used 2018 Gt3, one 2016 RS, and 2 991.1 GT3's on average, that would account easily for these numbers.
However since a lot of 16 RS's , 991.1 Gt3 and 991.2 GT3's are also at independent or off brand stores as well, it's even lower availability than my cross section average per dealer.
Fact is that a lot of GT customers keep their cars and add one or two every few years and only sell to upgrade. How many guys do we know that have a 997.1/.2 and a 991.1/.2?
Over 180 Porsche dealers in the country
Over 30,000 911's sold in the last 4 years
Are 100 of any non 918 model upsetting a market?
If dealers had one used 2018 Gt3, one 2016 RS, and 2 991.1 GT3's on average, that would account easily for these numbers.
However since a lot of 16 RS's , 991.1 Gt3 and 991.2 GT3's are also at independent or off brand stores as well, it's even lower availability than my cross section average per dealer.
Fact is that a lot of GT customers keep their cars and add one or two every few years and only sell to upgrade. How many guys do we know that have a 997.1/.2 and a 991.1/.2?
12-08-2018, 02:59 AM
#30
Rennlist Member
More relevant numbers
Over 180 Porsche dealers in the country
Over 30,000 911's sold in the last 4 years
Are 100 of any non 918 model upsetting a market?
If dealers had one used 2018 Gt3, one 2016 RS, and 2 991.1 GT3's on average, that would account easily for these numbers.
However since a lot of 16 RS's , 991.1 Gt3 and 991.2 GT3's are also at independent or off brand stores as well, it's even lower availability than my cross section average per dealer.
Fact is that a lot of GT customers keep their cars and add one or two every few years and only sell to upgrade. How many guys do we know that have a 997.1/.2 and a 991.1/.2?
Over 180 Porsche dealers in the country
Over 30,000 911's sold in the last 4 years
Are 100 of any non 918 model upsetting a market?
If dealers had one used 2018 Gt3, one 2016 RS, and 2 991.1 GT3's on average, that would account easily for these numbers.
However since a lot of 16 RS's , 991.1 Gt3 and 991.2 GT3's are also at independent or off brand stores as well, it's even lower availability than my cross section average per dealer.
Fact is that a lot of GT customers keep their cars and add one or two every few years and only sell to upgrade. How many guys do we know that have a 997.1/.2 and a 991.1/.2?