mrsullivan

these nuance details/differences are lost on the average buyer, and especially 2nd buyers a few years from now... I just think some of us are shocked that these cars brought MSRP or higher, and that's not really a judgment about anything one way or the other, except that it was surprising... the market is what the market is, always... my personal opinion though, is that whoever tries to sell these cars later will definitely take a hit and have to explain a lot of details because there are plenty non lemon GT3s out there... remember, Rennlist is an overly informed cohort compared to public....

Haku

Manifold, with due respect.

1. Ermm, did you just realise this!

2. Not really! Unless I'm missing something, nothing on this thread "says" anything about longer term demand vs supply.

If you're referring to values in the near or long term, its a no brainer. As has been stated many times on this forum... buying a car is rarely a financial asset! So take it as read, long term values will of course be lower!

sgroer

Interesting to see how close the VIN's are to each other - there are two that are consecutive (102,103).

bhf_clt

#18 must be the one I referenced in my earlier posts on this thread.

shapiroeric

It's amazing that all but 2 of those cars sold for more than what my car stickered for.....guess I didn't add enough options

hfm

I agree. The purchaser of one of these vehicles is buying: 1) a car that has marred title, unlike all other 2014s with clear title regardless of whether the car is 100% mechanically sound, 2) a car that is one year older than the 2015s selling now, 3) a car that was likely eligible for $2k / mo compensation, say $15k, that the buyer now does not see or receive benefit, 4) a car if optioned with memory seats that could have been another $4k check that the buyer now does not see or receive benefit.

I'd say those facts merit a cut in price of at least $25k to $30k from MSRP and probably more. The dealers grossly over paid and, so will any uniformed buyer. If true, it's no surprise that California and Florida are where these cars ended up. There is no shortage of people with more money than brains willing to buy one of these over priced cars in these states.

neanicu

Since there's no reasonable explanation as to why these cars sold for what they sold,my sick mind can only see a scheme between PCNA and dealers to keep depreciation low. They must have offered the buying dealers huge incentives. It happens all the time in the auto industry. The buying dealers will not be able to sell these cars above MSRP to make a profit,although there will be a few suckers. Even so,a dealer would not gamble whether they'll find suckers in a timely manner. For those that still haven't figured out,from my experience I haven't met a dealer that stayed in the business and proved successful by giving out " deals " and not making money on certain transactions. They simply do not exist.
Unfortunately,it is also my personal opinion that there are PAG/PCNA trolls and dealer trolls among us that are playing their agenda. I am not accusing anyone in this thread,I have no info in either direction,it is just my guy felling and take it FWIW.

frayed

I think it interesting how this auction went down. To Eduardo's post and his careful wording, I interpret it to mean that those dealers who passed, were looking for 10k to 20k off MSRP to make the transaction worthwhile. This to me seems reasonable given the transaction costs associated with the auction (fees, shipping, etc) and a desire to perhaps discount the cars by, say, 5k to reflect lack of 5 year warranty and marred title.

I think in the short term, these cars will not wear the scarlet letter b/c of demand and b/c they will be sold from a dealer, who adds credibility to the sales transaction.

In the medium term, say, 2-3 years in a private sale scenario I would predict they will be 'story' cars, a term that has been thrown around here in this forum quite a bit. I'd not want to be a seller 2-3 years from now, but I'd possibly like to be a buyer if I could snag a great discount.

In the longer term, say 5+ years out I doubt any of this will matter. All 14's and 15's will be mechanically identical, and mileage and condition will dictate resale. If the powertrain proves durable, then all cars will be sought after. If notable issues crop up (beyond what we say with 7 GT3's). . . well, who knows.

doubleurx

HFM, those numbers are probably high. I'll bet most received compensation of around 10k and the memory seats brought an additional 2.6k.

Maybe just maybe, there was an after purchase incentive waived at the dealers, offering the compensation that was not paid to the original 20 buyers?

hfm

Perhaps, so. Let's add: 5) these are used cars, not new, with miles on them, with someone else's build options, and with seats that were likely subject to that other guy's farts for those miles to account for the numbers then.

sccchiii

Everyone has great input but I think we are over thinking this....very reasonable explanation: dealers feel like they can sell them.......period! If they didn't want them or didn't think market was there the auction prices would have been lower, that simple

doubleurx

Not too mention nasal mucus under the driver seat!

promocop

Mr. Sullvan's comment about..."nuances being lost on the average buyer.." What person buying a $150,000 car is average??? Please. IF you are getting these cars at a bargain price (NOT) and IF you are keeping ti long term, (maybe) he's right it might not matter. BUT, good luck on resale to a non-Porsche dealer. Sorry, but I believe these WILL wear the scarlet letter! And as for the legacy story...right..its called a blemish or an asterisk on Porsche model history. Ebay has non-branded 2014 GT3s at somewhat reasonable prices and they arnt exact selling like hot cakes...drive on

rosenbergendo

Gotta be more to this story. I was offered one of these cars at under sticker. There must be a backend or huge incentives not included in the sale price for these to have sold for those numbers!!

promocop

Totally agree.