welikethetrack

Moving on!

https://bringatrailer.com/listing/20...911-gt3-rs-12/

I think this is going to be a new low water mark bid for 991.2 3rs and won’t break 210k, I’m saying 205k RNM

lawrence1

i agree that it could and probably does impact value, as there are people out there that will not buy a car if it doesn't have FAL. I used to be one of them but have since been enlightened ;-) If I was to order a car today, I would add FAL as it's nice to have but I wouldn't pass on a used car if it didn't have it.

that said, it's hard to really quantify the impact as every sale is different, particularly in an auction setting. You can get 2-3 droolers loving the same car and they'll bid it into the stratosphere, regardless of FAL. Or you can have the opposite and the same car can very well sell for much less. It all depends on who's "in the room" bidding at a given time.

Even in the traditional market (classifieds, etc), I can't imagine FAL impacting the outcome of a sale materially (say $5K+), but i could be wrong. Is there any anecdotal data on this? I'd be curious to see it.

lawrence1

i don't know man ... it's a 1,900 mile car. i'd think it would bring at least $240K. and it has FAL ;-)

Trader114

I considered the following issues that would have totally prevented me from bidding aggressively had I not just bought a gt3:

seller didn’t know what cpo or if this was still under warranty

seller didn’t know if it did or did not have fal

I wouldn’t want to buy a non-cpo car that had a roll cage and 11k miles sight unseen without a dme.

Given the recent transactions on there, I don’t think the sky is falling.. softening yes, but that’s because things were utterly insane 6 months ago.

are you Lawrence from lawrence motor sports? Did you end up making a deal on the birch green?

fijibubba

2019 Miami Blue 3RS 3,000 Miles, 279K, WP, FAL, PCCB's, LWB's, Yellow Deviated Stitching, PDLS...Perfectly spec'd beautiful car.

WP0AF2A95KS165562

https://www.circleporsche.com/invent...af2a95ks165562

no401k

asked about that car before it was up...no full body ppf and major service wasnt due until next year, and they wouldnt sell to my llc. So i went with a green one and saved some penny. Beautiful spec tho

fijibubba

LLC out of state?

lawrence1

No to the last question - not affiliated.

ChrisF

2nd Birch car still for sale as of tonight. Pinged seller and he said reserve was set at $210! I thought about making an offer slightly above RNM bid but thinking he has dreams of what the last car brought.

lawrence1

$210K? Peak delusion. He should've taken the money and moved it along IMO. It'll be hard to top BaT, especially now that the result is out in the open. He's going to chase the market down and eventually sell for less, most likely.

Also, BaT is either slipping with setting reserves, or he's full of it. I'm betting on the latter.

ChrisF

Pretty sure he'd point to the prior Birch sale at 209 and say "see!!"

rk-d

I am an active buyer in the market right now for a Touring. Here are my impressions, for anyone interested

While it's true the market on Porsches have softened as a whole, strong cars will continue to get strong money. They didn't make many 1.2 Tourings and the fact is that there are a lot of people who prefer it to the 992, myself included. Nevermind that 992 Tourings are asking 300s (thought I doubt closing at those prices). The 1.2 Touring is one of the best looking water cooled 911s ever made.

FAL is an absolute dealbreaker for me - every Touring I've seen is equipped with it. Not having FAL is a pretty big outlier and a hard pass. It's not even about value at that point - the car is simply not considered. I've owned plenty of lowered cars, all without it, but a GT3 would not get in and out of my driveway without a panic attack.

Not having Buckets and PCCBs aren't dealbreakers, but value takes a real hit.

Full body PPF and CPO is a pretty nice thing to have - personally I think CPO adds about $5k in value and PPF probably a few thousand - even more on a black car.

A car with a roll cage is not a big deal, but I'd have to assume it's been tracked which is a bigger deal. A tracked car needs a PPI and I would have to inspect it personally. I know some say all cars need a personal inspection and PPI, but I'd disagree.

For Tourings, I think a strong spec (LWB, PCCB, extended leather) with CPO, PPF, single owner, no stories gets in the 230+ range. PTS adds $30k if not more for a desirable color.

dinkman

wow that is nuts, glad i didnt bid on it. i feel bad for his sob story but he didnt even know what fal, cpo or dme were. youre buying the previous owner along with the car and he just did not give good vibes imo

Trader114

agreed. Whereas the first birch one was owned by a Porsche guy, he knew everything about the car, and it had super low miles. I could get confident with that one, but the other seemed like it had more uncertainty, which is going to hurt sight unseen bids.

Rod27

Northern buyers won’t/cant drive their cars in the snow so market is slow anyway