Car values dropping
#151
#152
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There is nothing truly exceptional about this car and the color (in spite of being very nice) isn't everyone's cup of tea.
The $30k in options were always going to be difficult to recoup and it's not a GTS, Targa or a 7sp manual that folks may fall over themselves for.
There are many standard Carrera S, PDKs out there, so the price is probably just under where it should be..
#153
Racer
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One data point gives you zero information on the market.
#154
Racer
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Someone posted about my dealer and their current prices. The prices seen have been that way for well over a year. The change is inventory and age of inventory. On both of these there is a 100% or more increase. I am a regular on their site, been to the dealership probably over a dozen times in the last 12 months, they host summer events, and they store my seasonal tires. One of my examples that the market is softening. I do not expect prices to drop quickly. Dealerships are use to the covid prices and they will try to keep that going.
All opinion and only based on what I see. The only thing that may help keep prices up is if new supply remains empty and people really start to shy away from the covid cars. Quality lacking.
All opinion and only based on what I see. The only thing that may help keep prices up is if new supply remains empty and people really start to shy away from the covid cars. Quality lacking.
#155
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Is $100k at auction with a buyers premium for a 5 year old non-exotic car really "softening"?
There is nothing truly exceptional about this car and the color (in spite of being very nice) isn't everyone's cup of tea.
The $30k in options were always going to be difficult to recoup and it's not a GTS, Targa or a 7sp manual that folks may fall over themselves for.
There are many standard Carrera S, PDKs out there, so the price is probably just under where it should be..
There is nothing truly exceptional about this car and the color (in spite of being very nice) isn't everyone's cup of tea.
The $30k in options were always going to be difficult to recoup and it's not a GTS, Targa or a 7sp manual that folks may fall over themselves for.
There are many standard Carrera S, PDKs out there, so the price is probably just under where it should be..
#157
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I think prices for everything will drop relatively quickly over the next six months. While supply is still limited, the indices are down 20%+, interest rates are rising, the expectation of a recession is increasing, and inflation is high. People just have less money for non-essential things. And the people who aren't price sensitive are still after a good deal and won't overpay.
#159
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looks like no more easy crypto money for a while
#162
Three Wheelin'
#163
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Is $100k at auction with a buyers premium for a 5 year old non-exotic car really "softening"?
There is nothing truly exceptional about this car and the color (in spite of being very nice) isn't everyone's cup of tea.
The $30k in options were always going to be difficult to recoup and it's not a GTS, Targa or a 7sp manual that folks may fall over themselves for.
There are many standard Carrera S, PDKs out there, so the price is probably just under where it should be..
There is nothing truly exceptional about this car and the color (in spite of being very nice) isn't everyone's cup of tea.
The $30k in options were always going to be difficult to recoup and it's not a GTS, Targa or a 7sp manual that folks may fall over themselves for.
There are many standard Carrera S, PDKs out there, so the price is probably just under where it should be..
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#164
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I was talking to my SA yesterday and he said to expect things to remain as they are for 12-18 months unless something major changes. One interesting fact he told me is that the wiring harness' for Porsche, Mercedes and I think he said BMW, among others, are made in Ukraine. Due to the war, production has declined significantly and they are still having chip issues. Porsche does not expect to be back to full production until sometime next year. And they are still selling 1-2 year old cars at or above original MSRP. Its still a crazy market and even though rates are going up, supply is not. Maybe demand slows down but according to my SA, it has not yet.
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