991.2 GT3 prices!? WOW!
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Perimeter (06-04-2021)
#92
Rennlist Member
I think these dealers could end up losing lots of $$$, because there’s nearly 100 .2 GT3 for sale with avg price of $200,000, it’s not gonna last, prices will come down quickly and dealers could be caught with their pants down. I give it a few months
#93
Instructor
I think once 992 GT3s start getting delivered, driven 300 miles and then sold used we will see the .2s prices drop.
#94
Inventory is crazy low in all catagories. Cant buy a truck, cant buy an SUV. What will be the downfall, will be in the end of this year, when the micro chip demand is met, and all these 2021 models hit the dealers in november. There will be a fire sale to move 21 models while every company is making 22's. Wait till you see the incentives to buy a left over. Not sure pcar will look quite like others, but if you want an f150, wait, it will be a buyers market
#96
Rennlist Member
Actually the confluence of COVID related manufacturing shortages, Government’s enormous expansion of the money supply, and staggering National debt is a recipe for accelerating inflation. Too many dollars chasing too few goods. The price increases are not “real” as the profit realized cannot replace the item sold before the price increases further. Smart money is to hold on to what you own as far as GT3 is concerned.
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surpassing GT2RS prices now.....
https://www.paulmillerporsche.com/us...gurus_listings
https://www.paulmillerporsche.com/us...gurus_listings
Last edited by Perimeter; 06-06-2021 at 11:22 AM.
#97
Prices will eventually drop to more reasonable levels, but production capacity isn't going to dramatically increase to replace all the lost production over night. Even when the 992 cars start arriving, the market isn't going to suddenly be flooded with them. I drove by a Porsche dealer the other day that usually has around 70-80 new cars on the ground. They had single digit new cars. The dealer I buy from told me they don't expect some relief until at least end of summer. If you want a new 911 this summer,, options will be much more limited than in the past. It's going to take time for the supply to catch back up.
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#98
Three Wheelin'
If inflation drives up the 992 GT3 MSRP prices the road ahead will be a rough ride for dealers, buyers, and private sellers. Limited inventory, ludicrous asking prices, and devalued currency. Bad combination.
#99
And no quick fix. Additionally, I understood the 992 GT3T allocations were supposed to have come out at the end of May and are now late summer. And no GT3T cars until late 2022 maybe slipping into 2023? Perhaps someone here has better information.
#101
#102
#103
Rennlist Member
What is going on with the G-wagon? I thought that car was universally regarded as ridiculous, and a fast one even more ridiculous. Ranked #6 in 6 of its class on C&D. Not much space inside. Depreciates like a stone. I can’t believe they sell at all let alone $95K over! What.
#104
What is going on with the G-wagon? I thought that car was universally regarded as ridiculous, and a fast one even more ridiculous. Ranked #6 in 6 of its class on C&D. Not much space inside. Depreciates like a stone. I can’t believe they sell at all let alone $95K over! What.
#105
The other thing no one is mentioning the copious amount of PPP money … i know some people that received large amounts of money in the form of grants and super low interest loans… would you pay $50k over sticker for a car if you were just handed a large chunk of money for practically free?
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Perimeter (06-08-2021)