My pretty much worthless GT3
#16
#17
Dont go by asking prices. Most out there for sale are way overpriced and not moving. Usually Porsche dealers. Those I have talked to literally dont care that they are overpriced even when shown other recent, much lower retail transactions for cars of similar MSRP. So they sit. Good luck to them.
So your cars value is lower than when you bought it 2 years ago. Totally normal situation. Bet there are a lot of other 2 year old cars of similar MSRP by other manufacturers that have dropped a lot more than your GT3 in the past 2 years.
So your cars value is lower than when you bought it 2 years ago. Totally normal situation. Bet there are a lot of other 2 year old cars of similar MSRP by other manufacturers that have dropped a lot more than your GT3 in the past 2 years.
#18
Intermediate
Thread Starter
Dont go by asking prices. Most out there for sale are way overpriced and not moving. Usually Porsche dealers. Those I have talked to literally dont care that they are overpriced even when shown other recent, much lower retail transactions for cars of similar MSRP. So they sit. Good luck to them.
So your cars value is lower than when you bought it 2 years ago. Totally normal situation. Bet there are a lot of other 2 year old cars of similar MSRP by other manufacturers that have dropped a lot more than your GT3 in the past 2 years.
So your cars value is lower than when you bought it 2 years ago. Totally normal situation. Bet there are a lot of other 2 year old cars of similar MSRP by other manufacturers that have dropped a lot more than your GT3 in the past 2 years.
#20
Rennlist Member
moving on...
I think your over reacting making a value post, when there are enough on here already. But, keep making them so I can buy a second gt3 as a winter beater. The more you guys keep discussing values the more they show up on google searches = potential buyers... All in all 40k from a dealer harsh but reality, plus you can carry over those taxes in most states so in my state your looking at 150k trade in value. Your also looking at the worst time to sell a car.... does your car have sofas!? Because I want one without buckets for a daily. also hate to say it I wouldn’t buy yours over a cpo 19’ for 5-10k more.
#21
Intermediate
Thread Starter
But seriously though, where your paganis at bro?
You don’t know the mileage or an idea of the mileage of a car you drove that’s 5 months old? You don’t get bored of a car you bought in May and summers over sell it and look for your next May car again?
moving on...
I think your over reacting making a value post, when there are enough on here already. But, keep making them so I can buy a second gt3 as a winter beater. The more you guys keep discussing values the more they show up on google searches = potential buyers... All in all 40k from a dealer harsh but reality, plus you can carry over those taxes in most states so in my state your looking at 150k trade in value. Your also looking at the worst time to sell a car.... does your car have sofas!? Because I want one without buckets for a daily. also hate to say it I wouldn’t buy yours over a cpo 19’ for 5-10k more.
moving on...
I think your over reacting making a value post, when there are enough on here already. But, keep making them so I can buy a second gt3 as a winter beater. The more you guys keep discussing values the more they show up on google searches = potential buyers... All in all 40k from a dealer harsh but reality, plus you can carry over those taxes in most states so in my state your looking at 150k trade in value. Your also looking at the worst time to sell a car.... does your car have sofas!? Because I want one without buckets for a daily. also hate to say it I wouldn’t buy yours over a cpo 19’ for 5-10k more.
#22
Wanted an RS last year. Couldn't get an allocation. Bought an '18 GT3 to tide me over, one year ago this month. Put 8k miles on it during that year of ownership. Been looking for the right RS during that time.
Found a '19 RS that I liked last week. Paid MSRP.
First low-ball offer on the '18 was $135k. Final negotiated trade-in was $150k. MSRP on it a year earlier was $178k. So I took a $28K hit.
Was it worth it to me to pay $28k (plus fees, and the tax difference between my buying price and my trade-in price, and a year's worth of insurance)(all totaled, figure I spent about $35k) to own the GT3 for a year while I waited to get the RS that I wanted? Meh, not on paper anyway. I certainly wouldn't do it repetitively during my life. But this once? I'm not mad about it. I had a heck of a good time in the GT3 while I had it.
I didn't think I would lose that much, based on the pricing trends a year ago. But markets shift. It is what it is. Sure, it's a hunk of change I'll never get back. But I turned 50 years old this year, and who knows how many years I've got left? Better to enjoy life now than regret waiting!
Found a '19 RS that I liked last week. Paid MSRP.
First low-ball offer on the '18 was $135k. Final negotiated trade-in was $150k. MSRP on it a year earlier was $178k. So I took a $28K hit.
Was it worth it to me to pay $28k (plus fees, and the tax difference between my buying price and my trade-in price, and a year's worth of insurance)(all totaled, figure I spent about $35k) to own the GT3 for a year while I waited to get the RS that I wanted? Meh, not on paper anyway. I certainly wouldn't do it repetitively during my life. But this once? I'm not mad about it. I had a heck of a good time in the GT3 while I had it.
I didn't think I would lose that much, based on the pricing trends a year ago. But markets shift. It is what it is. Sure, it's a hunk of change I'll never get back. But I turned 50 years old this year, and who knows how many years I've got left? Better to enjoy life now than regret waiting!
The following 4 users liked this post by Christian Plyler:
#23
Three Wheelin'
So if the car does not command at least residual MSRP value after being titled and driven it is now worthless?? Seems $140K sounds about right, give or take a few thousand. Porsche made plenty of GT3s to satisfy demand which is always too many given the psychology of people who will only pay a premium for things others people can't get.
#24
Semi-related: if you're looking to buy, what is a good strategy for where to land between wholesale and retail prices? Obviously, you want as close to wholesale as possible, but I'm curious for those who know more, where is an efficient place in the range to target.
Would anyone be able to post an MMR for .1s, 2015? I'm caught in a decision loop between .1 and .2.
Would anyone be able to post an MMR for .1s, 2015? I'm caught in a decision loop between .1 and .2.
#25
#26
ADM's have nothing to do with future perceived value or future actual value....they have to do with high initial demand by people without a solid dealer and and low initial supply of "extra" allocations....plain and simple....it will repeat....
#27
Intermediate
Thread Starter
So if the car does not command at least residual MSRP value after being titled and driven it is now worthless?? Seems $140K sounds about right, give or take a few thousand. Porsche made plenty of GT3s to satisfy demand which is always too many given the psychology of people who will only pay a premium for things others people can't get.
I realized when I went back and read it haha, it does sound like that. Me being 25
#28
Rennlist Member
You’re sticker was $180 and they offering $140 for trade? That’s a stroke job. On top of that won’t come down to msrp on the RS? I’d keep driving your current or find a new dealer.
#30
Rennlist Member