Porsche on Flipping
03-30-2019, 08:24 PM
#31
Drifting
That's how I feel as well. I bought the thing. I can do whatever I want with it. Sell it. Drive it. Push it off a cliff.
That said... look at the Ford GT. Didn't Ford sue some people for selling their cars too soon? And they won in court.
That said... look at the Ford GT. Didn't Ford sue some people for selling their cars too soon? And they won in court.
03-30-2019, 08:44 PM
#32
Dealers have zilch to do with ADM.
In that regard, it's this guy who deserves a big helping of scorn. “Our interest is to sell cars for drivers, not dealers,” said Blume. Complete BS.
All he would have to do is raise the MSRP on GT cars to the real market value. That would put an end to all this ADM nonsense.
He wont do it. Obviously his US dealers need financial help to survive and he's giving it to them in the form of an ADM.
Dealers are easy targets. And publicly ragging on them about ADMs is a cheap way to let off steam. Unfortunately, it's also misdirected.
In that regard, it's this guy who deserves a big helping of scorn. “Our interest is to sell cars for drivers, not dealers,” said Blume. Complete BS.
All he would have to do is raise the MSRP on GT cars to the real market value. That would put an end to all this ADM nonsense.
He wont do it. Obviously his US dealers need financial help to survive and he's giving it to them in the form of an ADM.
Dealers are easy targets. And publicly ragging on them about ADMs is a cheap way to let off steam. Unfortunately, it's also misdirected.
03-30-2019, 09:16 PM
#33
Yes it was Mecum, the car has 600 miles and 4 previous owners and it’s for sale again
03-30-2019, 09:59 PM
#34
03-30-2019, 10:07 PM
#35
Race Car
Join Date: Jan 2013
Location: The way to hell is paved by good intentions “Wenn ich Purist höre...entsichere ich meinen Browning” "Myths are fuel for marketing (and nowadays for flippers too,,,)" time to time is not sufficient to be a saint, you must be also an Hero
Posts: 4,484
Received 436 Likes
on
262 Posts
Seriously anyone really thinking a 992 flip issue ? Let s say you can flip my allocation as much as you want
03-30-2019, 10:07 PM
#36
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
. "Our interest is to sell cars for drivers, not dealers," Porsche chief executive Oliver Blume recently told Autocar.
"We put so much love into them, with the goal of people driving them not to put them in a garage. One thing we could do is look at leasing models to try to avoid this kind of dealing, so the car doesn't get sold on for a period of time. It is one solution," he said.
I love this
"We put so much love into them, with the goal of people driving them not to put them in a garage. One thing we could do is look at leasing models to try to avoid this kind of dealing, so the car doesn't get sold on for a period of time. It is one solution," he said.
I love this
03-30-2019, 10:17 PM
#37
Banned
03-30-2019, 11:24 PM
#38
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
^ grammar spelling typing are tertiary to Econ/finance
I prefer number and pictures
I prefer number and pictures
03-31-2019, 07:04 PM
#40
Rennlist Member
Porsche should list every allocation directly on a 7 day BringATrailer auction. Use dealers for ordering logistics (for a fee) and service. When the first sale price is the market price, flipping loses all appeal. Done.
Last edited by hf1; 03-31-2019 at 07:22 PM.
04-01-2019, 04:38 PM
#41
Rennlist Member
. "Our interest is to sell cars for drivers, not dealers," Porsche chief executive Oliver Blume recently told Autocar.
"We put so much love into them, with the goal of people driving them not to put them in a garage. One thing we could do is look at leasing models to try to avoid this kind of dealing, so the car doesn't get sold on for a period of time. It is one solution," he said.
I love this
"We put so much love into them, with the goal of people driving them not to put them in a garage. One thing we could do is look at leasing models to try to avoid this kind of dealing, so the car doesn't get sold on for a period of time. It is one solution," he said.
I love this
all fake news in other words ;-)
04-01-2019, 04:55 PM
#42
ADM is what it is. Buyers buy cars at prices they can afford/want to pay. If ADM is on a car, and someone doesn't like the price...make an offer...right? If the source wants to hold off on your offer to try to get more for their money, more power to them. Like what was said above, its either a time or money proposition. Less time you want to wait, you'll pay more. More time you wait, you'll probably get one for the price you want. It may not be new, it may have low miles, but it'll be less in price. The ADM is no different than other common luxury goods that are in "limited" supply. It is what it is.
04-01-2019, 05:12 PM
#43
I'm not complaining, but over the decades I've lost a significant amount of money on the 911s I've owned. If anyone can make money on these dam cars, then I'd have to congratulate them, especially if they got to drive them for a few thousand miles. 
