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Market Glut....GT3 and gt3rs ?

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Old 05-13-2017, 12:27 AM
  #346  
mcsmcs1
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Originally Posted by drme
Understood. Was more surprised, but think this dealer is not right. Will make calls in the morning. Just wanted to buy wife something for mothers day and inquire on my GT3. Thank you.
Buying your wife a car for Mother's Day is a heck of a tough precedent to establish. Good luck next year!
Old 05-16-2017, 05:35 PM
  #347  
Ddesimone17
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This car premium craze feels reminiscent to the housing market in 2007

Reversion to the mean will always prevail
Old 05-16-2017, 10:08 PM
  #348  
tonymission
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Originally Posted by mcsmcs1
Buying your wife a car for Mother's Day is a heck of a tough precedent to establish. Good luck next year!
LOL that was my thought... I always want to do "big surprises" for my wife on all the major wife days, but then I just think "well shoot, I'd have to at least match this next year."

...


Card, some chocolates and a few crispy hundos. I'm just staying the course from years ago!
Old 05-16-2017, 10:12 PM
  #349  
bronson7
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Originally Posted by tonymission
LOL that was my thought... I always want to do "big surprises" for my wife on all the major wife days, but then I just think "well shoot, I'd have to at least match this next year."

...


Card, some chocolates and a few crispy hundos. I'm just staying the course from years ago!
That's why I never started the gift train.

P.S. I know my wife doesn't read RL.
Old 05-17-2017, 08:19 AM
  #350  
Jrtaylor9
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Originally Posted by Ddesimone17
This car premium craze feels reminiscent to the housing market in 2007

Reversion to the mean will always prevail
I hope you are right. I've reserved a spot for a CGT in my small collection if/when we get a meaningful pullback.
Old 05-17-2017, 10:09 AM
  #351  
Nizer
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Here today, gone tomorrow.

https://rennlist.com/forums/vehicle-...l#post14190836
Old 05-17-2017, 01:20 PM
  #352  
Archimedes
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As long as the Fed continues to manipulate the market and keep interest rates artificially low, equities will remain attractive and asset values in generally will be have support. Until that variable turns or missles start flying, the bottom isn't going to drop out of the high end car market.
Old 05-17-2017, 10:39 PM
  #353  
robgts
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AutoTrader Update:
196 total 2014+ GT3, GT3RS, R for sale. wow...
:0
Old 05-17-2017, 11:57 PM
  #354  
TRAKCAR
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Soon I can have an RS parked in every corner of the country to have one near all tracks for the price of one!
Old 05-18-2017, 12:10 AM
  #355  
911 Day
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If there is in fact a glut, someone needs to tell the dealers so they can adjust their prices accordingly.

https://www.cars.com/vehicledetail/d...8799/overview/

Seriously? Are they nucking futs?
Old 05-18-2017, 02:35 AM
  #356  
LnC993
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Originally Posted by 911 Day
If there is in fact a glut, someone needs to tell the dealers so they can adjust their prices accordingly.

https://www.cars.com/vehicledetail/d...8799/overview/

Seriously? Are they nucking futs?

Maybe because the black is a PTS color for the RS and black RS are very rare?

But I don't think people will see this car as a typical PTS car since the black paint are readily available in other models.
Old 05-18-2017, 03:05 AM
  #357  
Dewinator
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Originally Posted by Archimedes
As long as the Fed continues to manipulate the market and keep interest rates artificially low...
I feel like low rates are a new normal caused by the economic reality of lower population growth, less low hanging fruit of productivity growth driven by technology, and people staring at Facebook or the XBox (or RL?) all the time instead of being useful. I don't think the Federal Reserve, whatever it is (some kind of jail?), has that much of a choice.
Old 05-18-2017, 06:56 AM
  #358  
SteveFrench
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Originally Posted by 911 Day
If there is in fact a glut, someone needs to tell the dealers so they can adjust their prices accordingly.

https://www.cars.com/vehicledetail/d...8799/overview/

Seriously? Are they nucking futs?
I've been following all of Broward's 991 RS cars for weeks now. None of them have been sold. Most of these cars have been chipped down a few grand every week or so. There's almost more RS cars for sale then regular GT3's, lol. Another data point is most of them have barely any miles, therefore it can only be said that they were never intended for use, just a quick buck.
Old 05-18-2017, 09:07 AM
  #359  
Jimmy-D
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Originally Posted by SteveFrench
I've been following all of Broward's 991 RS cars for weeks now. None of them have been sold. Most of these cars have been chipped down a few grand every week or so. There's almost more RS cars for sale then regular GT3's, lol. Another data point is most of them have barely any miles, therefore it can only be said that they were never intended for use, just a quick buck.
I wish I even cared enough to keep looking. A lot of Dealers paid premiums, themselves, for these RSs because they were hoping to flip them for even more than they paid. It is almost June so they will have to swallow.

And please do not tell me they attract potential Customers to their show rooms. I have never gone to a Dealership because they were advertising a Special car. If I happen to be at a Dealership getting my car serviced is the only time I walk around to check out their inventory.

Yep- there will continue to be more available which is perfectly fine because as the prices come down to MSRP/Reality so will also the premiums on the .2 GT3s
Old 05-18-2017, 11:19 AM
  #360  
Glen
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Originally Posted by Dewinator
I feel like low rates are a new normal caused by the economic reality of lower population growth, less low hanging fruit of productivity growth driven by technology, and people staring at Facebook or the XBox (or RL?) all the time instead of being useful. I don't think the Federal Reserve, whatever it is (some kind of jail?), has that much of a choice.

Insightful, interesting thought.
Thanks for sharing.


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