HOT FOR SALE: Pick of the Week 991
12-19-2016, 11:38 AM
#6526
Race Director
Thread Starter
2015 GTS with CPO and 6K miles.
PDK
SPASM
Bose
18 ways
Attachment 1118397Attachment 1118398
https://www.porschetowson.com/invent...rds+Red+973641
PDK
SPASM
Bose
18 ways
Attachment 1118397Attachment 1118398
https://www.porschetowson.com/invent...rds+Red+973641
Last edited by STG; 12-19-2016 at 12:32 PM.
12-19-2016, 02:13 PM
#6527
Burning Brakes
What a beautiful color combo, congrats! This one is one of my favorites of the more recent HFSs.
12-19-2016, 10:21 PM
#6530
Advanced
12-20-2016, 08:50 AM
#6531
Rennlist Member
Hey STG
Are the deals being posted getting pricier? Has the market moved up and according raised the bar of a HFS? The last two vehicles posted seems to me to be "Not so Hot" For Sale picks but it is what it is. Usually December through February should be a time for Super HFS. Must be the confidence buyers and sellers have with the current economic climate. Just an observation.
Thanks for posting what is out there. I appreciate you time (and your passion).
Are the deals being posted getting pricier? Has the market moved up and according raised the bar of a HFS? The last two vehicles posted seems to me to be "Not so Hot" For Sale picks but it is what it is. Usually December through February should be a time for Super HFS. Must be the confidence buyers and sellers have with the current economic climate. Just an observation.
Thanks for posting what is out there. I appreciate you time (and your passion).
12-20-2016, 09:46 AM
#6532
Race Director
Thread Starter
^^^ Busy morning. Overall, the market is very tight with available cars at their lowest point I've ever seen. I addressed this topic a few months back.
My cars.com search for example, is ONLY showing less than 500 pre-owned 991.1 S/4S/GTS variants. That's insane. Cars.com covers most of the listings. Say that there's another 500 cars out there not on the site, that leaves us with what, 1,000 cars?? Slim pickings.
As a comparison, there's probably around 200 pre-owned 991.1 GT3's out there. That's for a model that sold only what, around 3,000 units total in the US?
*** At this point I'm just posting HIGH quality cars (as always) at current market prices. *** I've still been finding the "HOT" ones, but not as many ***
Cars right now are going for more than a year ago. There are still some "HOT" deals out there but not as many. Can't just post 3-4 cars a month. Even with the uptick in pricing and lower supply, these other cars are still relative good deals.
There a quite a few factors at play here. Some economic good & bad and them being the "last of" the NA's. Many current 991.1 owners are staying put and holding onto their cars. Many believe there's nothing better to trade up to, so they're keepers.
Overall this >>> Demand for pre-owned 991.1's is greater than the supply hitting the market.
Like was said "it is what it is".
My cars.com search for example, is ONLY showing less than 500 pre-owned 991.1 S/4S/GTS variants. That's insane. Cars.com covers most of the listings. Say that there's another 500 cars out there not on the site, that leaves us with what, 1,000 cars?? Slim pickings.
As a comparison, there's probably around 200 pre-owned 991.1 GT3's out there. That's for a model that sold only what, around 3,000 units total in the US?
*** At this point I'm just posting HIGH quality cars (as always) at current market prices. *** I've still been finding the "HOT" ones, but not as many ***
Cars right now are going for more than a year ago. There are still some "HOT" deals out there but not as many. Can't just post 3-4 cars a month. Even with the uptick in pricing and lower supply, these other cars are still relative good deals.
There a quite a few factors at play here. Some economic good & bad and them being the "last of" the NA's. Many current 991.1 owners are staying put and holding onto their cars. Many believe there's nothing better to trade up to, so they're keepers.
Overall this >>> Demand for pre-owned 991.1's is greater than the supply hitting the market.
Like was said "it is what it is".
Last edited by STG; 12-20-2016 at 10:12 AM.
12-20-2016, 09:52 AM
#6533
Banned
Join Date: Jan 2016
Location: Where aspirations are natural
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Nicely optioned C2S for 58K, Full cow, SC, PASM, PDK:
http://www.statusmotorsport.com/deta...-15534406.html
http://www.statusmotorsport.com/deta...-15534406.html
12-20-2016, 10:11 AM
#6535
Are the deals being posted getting pricier? Has the market moved up and according raised the bar of a HFS? The last two vehicles posted seems to me to be "Not so Hot" For Sale picks but it is what it is. Usually December through February should be a time for Super HFS. Must be the confidence buyers and sellers have with the current economic climate. Just an observation.
Higher optioned models that are 75+ up seem to be available, but maybe have higher miles for the same price. Very low miles mean premium asked.
Doesn't seem to be limited to 991 cars. For example the market has been wiped clean of 987 Boxster Spyders (the manual roof spyder) right after the election. So I think what we are seeing is that people held back buying in the uncertainty before the election. The higher priced 981 Spyders seem to get cheaper with age as they should (which means going on 90,000 now). The price segment from $50,000 to $70,000 seems to be what people have been scooping up lately.
12-20-2016, 10:17 AM
#6536
This one is not as bare-bone as it looks. 14-way seats and premium package plus. Bose.
Looks more like Aqua Blue in that light.
ETA: I will never understand how Porsche managed to make these "Ferrari-Style" wheels with 5-double spokes with gap in between in a way that looks ugly. Even Mercedes executed that design better.
12-20-2016, 10:21 AM
#6537
Banned
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Cars at 50K range open the buying base to a much wider demographic so these cars will go fast simply because they are obtainable by a much greater number of people.
I would guess the chart looks something like this with regards to obtainability and people that can afford[or justify]:
50K = 1000 People
60K = 600 People
70K = 300 People
80K = 100 People
90K = 25 People
100+ = 5 People
The higher priced cars only have so many people that have the means to obtain.
12-20-2016, 11:10 AM
#6538
12-20-2016, 11:16 AM
#6539
Race Director
Thread Starter
The $65-$80K segment is hot. Guys there want a great pre-owned car at a price where they're getting a lot for their money. Pretty much >> "champagne taste on a beer budget".
The new cars at that price range don't give you as much car.
One thing I will say is that there's an economic bubble that's been floating around for a while. You even see the craziness carried over to real estate, business lending, car buying, run up in prices, etc. When that corrects, you will see big adjustment on the upper end $150K ++ cars, over MSRP asking prices, etc. Even our beloved 991.1's will soften. Many people and businesses are very leveraged and things could topple quick if something drastic should arise economically.
The new cars at that price range don't give you as much car.
One thing I will say is that there's an economic bubble that's been floating around for a while. You even see the craziness carried over to real estate, business lending, car buying, run up in prices, etc. When that corrects, you will see big adjustment on the upper end $150K ++ cars, over MSRP asking prices, etc. Even our beloved 991.1's will soften. Many people and businesses are very leveraged and things could topple quick if something drastic should arise economically.
