Objectively speaking: 991.2 or 991.1 for a $90k purchase?
12-25-2018, 11:05 PM
#61
Rennlist Member
Join Date: Jul 2001
Location: Marineland FL
Posts: 12,409
Likes: 0
Received 3,365 Likes
on
2,308 Posts
It will not last so get the bargains when you can....I recall not that long ago when oil was at $26 a barrel and it had no where to go but back up.
12-26-2018, 01:01 AM
#62
Some of yall need to cut out the BS about slightly declining stock, oil, or real estate prices means there’s a bargain to be had on a Porsche car. Sorry...stupidest thing I’ve read lately on these forums. There would have to be huge surplus of used cars or a really low demand for you to not pay whatever everyone else pays. There are always some cars on discount because they aren’t selling...because no one wants them for one reason or another. The market has nothing to do with that.
12-26-2018, 02:07 AM
#63
Rennlist Member
Some of yall need to cut out the BS about slightly declining stock, oil, or real estate prices means there’s a bargain to be had on a Porsche car. Sorry...stupidest thing I’ve read lately on these forums. There would have to be huge surplus of used cars or a really low demand for you to not pay whatever everyone else pays. There are always some cars on discount because they aren’t selling...because no one wants them for one reason or another. The market has nothing to do with that.
Lots of buyers in the past few years leasing new Porsches "paid for" with paper earnings, not income, which have potentially evaporated. Lease terms end and a much higher percentage of those buyers opt-out of lease end purchase due to net worth contraction. Much more supply and fewer cash buyers. Either the market will rebound significantly or the resale price of late model luxury cars 2-4 years old will decline.
12-27-2018, 12:38 AM
#64
Some of yall need to cut out the BS about slightly declining stock, oil, or real estate prices means there’s a bargain to be had on a Porsche car. Sorry...stupidest thing I’ve read lately on these forums. There would have to be huge surplus of used cars or a really low demand for you to not pay whatever everyone else pays. There are always some cars on discount because they aren’t selling...because no one wants them for one reason or another. The market has nothing to do with that.
A 20% declining market where many major indexes are down much more than that, in mere WEEKS, isn't "slight." It's massive, and a warning sign for things to come, IF people don't get their acts together. A declining market can be the instigator of a recession itself. People being used to a historic 8 year bull run get comfortable, and make big purchases, especially as the market goes higher. Those same people start sh*tting bricks during a 20% dip, and again, that just took weeks. If the market were to trickle down more, said sh*tted bricks can hit the fan real quick, and that's when the floor gets pulled out.
Let's not let ourselves fall into old patterns.
12-27-2018, 10:13 AM
#65
Rennlist Member
Join Date: Jul 2001
Location: Marineland FL
Posts: 12,409
Likes: 0
Received 3,365 Likes
on
2,308 Posts
People will buy nice stuff no matter what the markets are doing. Where else can we put our money to make a nice return? The markets of course, just look at the LONG term trends. And see what happened yesterday?! At the very least one can buy div stocks cheap and get a nice return untll things settle out.
