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The 991 GT3/RS Cars For Sale Thread...

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Old 05-09-2023 | 06:44 PM
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Originally Posted by inspire
No it affects it a lot, expect Canadian cars to be a lot cheaper.
That is what I thought. What do you think? 10%? 20%?
Old 05-09-2023 | 06:49 PM
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I agree it affects value. My point is I have never really had a clear understanding as to why. I think amount depends on spec miles etc. Don't think its just a said percentage. But I am sure depending on who you ask you could get guys saying its a 50% discount.
Old 05-10-2023 | 08:40 PM
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Must be a typo….$359k?!?!?

https://www.autotrader.com/cars-for-...ckType=listing
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Old 05-10-2023 | 10:30 PM
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Originally Posted by Rod27
auction results and asking prices on auto sites are deviating but who knows

i made two offers this week on cars - sent the sellers the relevant BaT and Pcar results - sellers didn’t accept offers so maybe it’s just going to be a time of limited deals getting done
Old 05-11-2023 | 02:13 PM
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Originally Posted by 3-Pedals
Things will get bad (it has been going good for far too long). And when they do get bad, sports cars are always one of the first and worst impacted areas.

Can you imagine how “that” guy feels who paid $100k over on a 992 GT3 thinking it will appreciate in value? He put 400 miles on his baby looking at it every day in his garage thinking its a status symbol and an investment. Poor baby, things didnt work out for him. Losing $50k in a $250k asset (and having not driven it or enjoyed it) must have hurt.

Good stuff. Next time he’ll think twice before believing the word of a broker (which this board has at least 4 that I know who PMs people around disguising themselves as normal members). And we’ll all remember why we buy cars in the first place, to drive them. And “these” people who buy these enthusiast cars paying markup only to put 1,000 miles/year hopefully will leave the brand to go elsewhere so people who will actually drive these cars can buy them.
I never understood getting a GT car as an investment for a $20K profit over a few years. They park the car in a garage and never drive it? Ugh. My stock portfolio fluctuates more than that on a daily basis. If you're not gonna drive the car, why bother? You can make more in the stock market with $220K than you can trying to flip a car for profit. Might as well drive it and sell when you're ready. And if you're worried about $20K amortized over 3-5 years... you've got bigger problems.

I sold my RS earlier this year. Got most of what I put into the car back, except for the cost of gas and track day fees. But I basically got to own/drive a GT car for free, for close to 5 years and not once did I worry about my "investment." I do miss the car sometimes, but I don't regret selling it.

Last edited by FourT6and2; 05-11-2023 at 02:24 PM.
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Old 05-11-2023 | 02:45 PM
  #7356  
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Just sharing my RS is for sale. Incredible condition and going to make for a happy next owner!

https://rennlist.com/forums/market/1348413

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Old 05-11-2023 | 03:06 PM
  #7357  
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I worry this question will devolve.

But does anyone have any comps they know of in the last 3 months of a sub 1k mile 991.2 RS selling?

What relative to MSRP did it trade for? Am going to make an on a 800 mile car and wondering what is reasonable
Old 05-11-2023 | 03:27 PM
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2 new listings just popped up online.....$350k again. Dealers of course.
Old 05-11-2023 | 03:31 PM
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Originally Posted by Rod27
Things might get bad….cars won’t be a concern
I think a lot of people have not seen these cycles or remember them. History tells us what we need to know. I am also in the Market for a boat. That market as you are well aware, is one of the first to show signs and I am seeing pricing declining steadily even as the summer approaches. I am waiting it out as I lost way too much retirement value last year to be impatient.
Old 05-11-2023 | 06:05 PM
  #7360  
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Originally Posted by sdq7
I think a lot of people have not seen these cycles or remember them. History tells us what we need to know. I am also in the Market for a boat. That market as you are well aware, is one of the first to show signs and I am seeing pricing declining steadily even as the summer approaches. I am waiting it out as I lost way too much retirement value last year to be impatient.
so when things "get bad" the first thing you'll do is go out and buy a (still) very expensive car or boat?
Old 05-11-2023 | 06:14 PM
  #7361  
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Originally Posted by achenator
so when things "get bad" the first thing you'll do is go out and buy a (still) very expensive car or boat?
no one will and that’s when you know it’s actually happened

it most certainly hasn’t happened yet
Old 05-11-2023 | 07:25 PM
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Originally Posted by achenator
so when things "get bad" the first thing you'll do is go out and buy a (still) very expensive car or boat?
Absolutely. That is the best time to buy. The problem people have is that they are followers. They buy when the markets are on fire thinking it will never stop. The only time your investments grow significantly is when you buy at the bottom of any market. Unfortunately, most people don't put themselves in a position to have sidelined cash to do it.
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Old 05-11-2023 | 07:29 PM
  #7363  
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You lost money so you are waiting to buy - that is exactly why people dont buy at the bottom
Boat prices are off at MNIMUM 10% from last season, maybe 20% in some cases right at this moment. I just sold one.
Old 05-11-2023 | 07:36 PM
  #7364  
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Originally Posted by audipwr1
You lost money so you are waiting to buy - that is exactly why people don't buy at the bottom
Boat prices are off at MNIMUM 10% from last season, maybe 20% in some cases right at this moment. I just sold one.
Where did I lose money?
Old 05-11-2023 | 07:40 PM
  #7365  
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Originally Posted by sdq7
I think a lot of people have not seen these cycles or remember them. History tells us what we need to know. I am also in the Market for a boat. That market as you are well aware, is one of the first to show signs and I am seeing pricing declining steadily even as the summer approaches. I am waiting it out as I lost way too much retirement value last year to be impatient.
Durr right above there is what you said is the exact psychology why people have trouble both timing and buying near a bottom of an asset cycle.


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