The 991 GT3/RS Cars For Sale Thread...
#3091
Yet debt to household income dropped to lowest level since 4Q of 1998....and rates are much lower.
Debt service to household income is all time record low going back to 3Q 1991 when fed first began monitoring that ratio.
Not coincidentally, the record high was 4Q07....
Edit:. Correction... data back to 1979, and still currently at record low.
Debt service to household income is all time record low going back to 3Q 1991 when fed first began monitoring that ratio.
Not coincidentally, the record high was 4Q07....
Edit:. Correction... data back to 1979, and still currently at record low.
Last edited by atlrvr; 08-03-2021 at 01:47 PM.
The following 2 users liked this post by atlrvr:
Booth9999 (08-03-2021),
C Alexander (08-03-2021)
#3092
So here's my spec and open to offers:
Meticulously maintained
I have allot of other parts which I guess would be sold after the car.
- 2019 Miami Blue .2 RS with Gold Arum Wheels
- 7100 Miles
- MSRP was 221k minus PPF etc
- Factory warranty expires Feb 2023
- Full PPF and Ceramic Coating
- 2 Year Service just done
- Front Lift / PCCB's although Giros installed to preserve PCCBs which are on the shelf / GT Silver Leather Stitching on bucket Seats
- Buckets / Ext Range Tank / Light Design Pack / Bose / Air Vents and trim painted in Miami Blue
- Auto Dimming Mirrors / Gauges in White / Belts in Miami Blue / Door Handles in Black / Carbon Sills / Storage in Alcantara / Visors in Alcantara
Meticulously maintained
I have allot of other parts which I guess would be sold after the car.
#3093
#3094
Yet debt to household income dropped to lowest level since 4Q of 1998....and rates are much lower.
Debt service to household income is all time record low going back to 3Q 1991 when fed first began monitoring that ratio.
Not coincidentally, the record high was 4Q07....
Edit:. Correction... data back to 1979, and still currently at record low.
Debt service to household income is all time record low going back to 3Q 1991 when fed first began monitoring that ratio.
Not coincidentally, the record high was 4Q07....
Edit:. Correction... data back to 1979, and still currently at record low.
Debt levels are rising, which creates risk if the economy hiccups.
#3095
I just saw it. Guess that kinda answers the question why the car doesn’t have the original seats. Makes you more aware about no car being 100% guaranteed clean even if Carfax or Autocheck says so. BUYER BEWARE OF VIN WP0AC2A96JS175170
https://www.instagram.com/p/CSEyMIsrr1c/
https://www.instagram.com/p/CSEyMIsrr1c/
#3096
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Booth9999 (08-03-2021)
#3098
Yet debt to household income dropped to lowest level since 4Q of 1998....and rates are much lower.
Debt service to household income is all time record low going back to 3Q 1991 when fed first began monitoring that ratio.
Not coincidentally, the record high was 4Q07....
Edit:. Correction... data back to 1979, and still currently at record low.
Debt service to household income is all time record low going back to 3Q 1991 when fed first began monitoring that ratio.
Not coincidentally, the record high was 4Q07....
Edit:. Correction... data back to 1979, and still currently at record low.
Last edited by maroli; 08-03-2021 at 07:21 PM.
#3099
See attached .pdf or here's the link to the underlying data from the Fed.
https://fred.stlouisfed.org/series/TDSP
The above mentioned debt to GDP isn't really a great metric as it relates to Porsche GT3 affordability, because corporations don't buy GT3's with revenue.. The US govt has more than covered the impact to households, and as noted above, the consumer has paid down debt obligations with the helicopter money.
Overall debt is irrelevant if not compared to implied equity or ability to service debt. Said differently, every time we have record GDP or record S&P500, it shouldn't be surprising to see record nominal debt levels.
One way to look at the record (or near record) low debt levels to household income is a bearish sentiment from consumers, otherwise they would be be spending instead of saving.
All the above is purely theoretical as obvs govt debt to GDP is different story, and it's possible the govt simply crowds out the consumer...but again, not aware of any GSA requisitions for GT3's
https://fred.stlouisfed.org/series/TDSP
The above mentioned debt to GDP isn't really a great metric as it relates to Porsche GT3 affordability, because corporations don't buy GT3's with revenue.. The US govt has more than covered the impact to households, and as noted above, the consumer has paid down debt obligations with the helicopter money.
Overall debt is irrelevant if not compared to implied equity or ability to service debt. Said differently, every time we have record GDP or record S&P500, it shouldn't be surprising to see record nominal debt levels.
One way to look at the record (or near record) low debt levels to household income is a bearish sentiment from consumers, otherwise they would be be spending instead of saving.
All the above is purely theoretical as obvs govt debt to GDP is different story, and it's possible the govt simply crowds out the consumer...but again, not aware of any GSA requisitions for GT3's
Last edited by atlrvr; 08-03-2021 at 07:38 PM.
#3100
Where are you getting this number from? It's definitely not what I'm seeing. And both the current level of debt and income were boosted by stimulus programs (many families paid down debt with stimulus money). However, the recent increase in debt is mostly secured (mortgages) which is better than unsecured and mostly prime.Auto loans did notably surge. Once the impacts of the stimulus fade, we'd better hope inflation fades along with it because in real terms, wages have not kept up with inflation and if the fed has to start hiking to control inflation, there will be a strong sell-off starting with the stock market. See December 2018 for an example.
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Booth9999 (08-03-2021)
#3101
See attached .pdf or here's the link to the underlying data from the Fed.
https://fred.stlouisfed.org/series/TDSP
The above mentioned debt to GDP isn't really a great metric as it relates to Porsche GT3 affordability, because corporations don't buy GT3's with revenue.. The US govt has more than covered the impact to households, and as noted above, the consumer has paid down debt obligations with the helicopter money.
Overall debt is irrelevant if not compared to implied equity or ability to service debt. Said differently, every time we have record GDP or record S&P500, it shouldn't be surprising to see record nominal debt levels.
One way to look at the record (or near record) low debt levels to household income is a bearish sentiment from consumers, otherwise they would be be spending instead of saving.
All the above is purely theoretical as obvs govt debt to GDP is different story, and it's possible the govt simply crowds out the consumer...but again, not aware of any GSA requisitions for GT3's
https://fred.stlouisfed.org/series/TDSP
The above mentioned debt to GDP isn't really a great metric as it relates to Porsche GT3 affordability, because corporations don't buy GT3's with revenue.. The US govt has more than covered the impact to households, and as noted above, the consumer has paid down debt obligations with the helicopter money.
Overall debt is irrelevant if not compared to implied equity or ability to service debt. Said differently, every time we have record GDP or record S&P500, it shouldn't be surprising to see record nominal debt levels.
One way to look at the record (or near record) low debt levels to household income is a bearish sentiment from consumers, otherwise they would be be spending instead of saving.
All the above is purely theoretical as obvs govt debt to GDP is different story, and it's possible the govt simply crowds out the consumer...but again, not aware of any GSA requisitions for GT3's
#3102
Where are you getting this number from? It's definitely not what I'm seeing. And both the current level of debt and income were boosted by stimulus programs (many families paid down debt with stimulus money). However, the recent increase in debt is mostly secured (mortgages) which is better than unsecured and mostly prime.
#3103
Latest 3RS to be offered on the block at BAT
2019 Black, 1,750 Miles, LWBS, PDLS, FALs, 2 owner
WP0AF2A95KS164329
https://bringatrailer.com/listing/20...sche-gt3-rs-4/
2019 Black, 1,750 Miles, LWBS, PDLS, FALs, 2 owner
WP0AF2A95KS164329
https://bringatrailer.com/listing/20...sche-gt3-rs-4/
#3104
It's funny what's desirable to some and not others. To me if there were ever 991 RS to get, it would be that one. All the right options with none of the fluff, perfect for the track and street, and not in a outrageous color.
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mjj (08-03-2021)
#3105
Graphite Blue manual .2 GT3 with 10k miles (odometer in picture 55 says 6300 miles so must be an old photo) on BAT. PCCB, buckets, FAL, and .1 RS CF front hood (original hood included). $167k original MSRP. Damage on the driver-side corner of the front bumper cover is shown up close in picture 32.
https://bringatrailer.com/listing/2018-porsche-gt3-68/
VIN: WP0AC2A90JS175892
https://bringatrailer.com/listing/2018-porsche-gt3-68/
VIN: WP0AC2A90JS175892
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fijibubba (08-03-2021)