No, I don't see the problem here, though I would put more rigor into the contract around the buy back price. They have something of value (market value above sticker) that they are waiving in an attempt to get the cars directly in the hands of people who want to drive them versus flip them quickly. They are actually doing a great service to the Porsche community IMO.

 

I can't attest for other dealers, but my Dealer PC-Oakville, has been paying market price for GTx cars from customers who want to upgrade or return.

 

^+1 they sure are! and I am all for it,

 

**** that dealer in the ***. Lien on a car I purchased free and clear? not a chance.

They can keep their ****box.

Man, just another reason to be happy with used plain jane porsches. This nonsense is just ridiculous.

 

I'm all for PCO's approach, they've gone about it the right way. Frankly, i'd be happy to sign an indefinite right of first refusal with them, because they've been classy to work with from the start. And from what i've been told by them, they're throwing those terms specifically at people who are known (and they do have a pretty good idea of who) or likely to flip.

 

One way to make sure the buyer is not a flipper. Buyer gets to spec his car his liking. Hopefully drive it for two years and can do what he wants after that. If for some reason you have to sell before you have to sell it back to dealer for msrp or just below so dealer can make $10k on resale.
Sure beats paying $50k over! Wish all dealers would do this. That would put an end to the flipping and more importantly put gt cars in hands that will drive them.

 

My phone has yet to ring, still waiting somewhat patiently.

 

I am wondering why the demand of the 991.2 GT3 is so high despite the fact that the 992 is just around the corner?

 

I would accept this if the dealer then assured they would not sell the car above Msrp as well.

I agree w limiting flipping in general. I don't necessarily agree w assuring dealerships "market value" while handicapping a customer's chance at the same (if this is indeed why the measure was put in place)

 

are you referring to the 992 GT3?

There is always something new coming from Porsche, but you can get a 991.2 GT3 in 5-6 months if well connected, but you'll have to wait 3.5 years to get the 992 GT3. (fall 2020)

 

Very unlikely a gt3 will sell above msrp after 2 years.
If buyer needs to sell back to dealer before 2 years have gone he would likely have to settle for a little less than msrp so the dealer can sell for msrp again if market can vary it.
I have no issues with kind of deal.

 

I don't think anyone here don't want dealers to make money. It's the gambling game and flipping that puts buyers off.
And I totally understand that dealers get fed up with selling at msrp and then buyer gets ill or things change right after delivery so they unfortunately have to sell right after taking delivery. 😉

 

Guess so unless the the 992 GTS is so good that is comparable to the 991.2 GT3.

 

Please expand upon your rationale

 

The 992 GTS will assuredly be a fine car BUT it will not have the GT3 pedigree. It will have back seats and will come in various iterations.

Specifically, it won't have the engine. That's just the start....

No comparison at all....