A place to discuss all things ADM
#196
Agreed, this is about the worst time to buy any kind of car with the chip shortage and pent up demand. By this time next week, it should be much easier to get a 992 GT3 at MSRP when the chip shortage comes to an end and the Fed is pulling back liquidity.
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DK7 (05-31-2021)
#197
Do you know something we all don't?
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#201
I think housing market will continue to be tight thru first half on next year though
#202
Chip or no chip shortage, Covid or no Covid. This is free money.
It's the FOMO and "I wanna be one of the first" ones to own it mentality that drives toxic prices and feed the ADM machine.
Plenty of suckers to go around for it, and everyone hates to admit that if they somehow managed to secure an allocation with no ADM, but it's end of 2022 delivery. Then what?
Salty as hell when it seems like everyone on RL already has their car build to their expectations only for it to be parked in the garage or driven to Cars & Coffee.
It's the FOMO and "I wanna be one of the first" ones to own it mentality that drives toxic prices and feed the ADM machine.
Plenty of suckers to go around for it, and everyone hates to admit that if they somehow managed to secure an allocation with no ADM, but it's end of 2022 delivery. Then what?
Salty as hell when it seems like everyone on RL already has their car build to their expectations only for it to be parked in the garage or driven to Cars & Coffee.
#203
I think there is more to it. Mine for example was a 2018 991.2 that got 20K over MSRP. Add the tax savings of 200K and I’m at 35K over. Now, as most of you are suggesting to wait and get it for MSRP, that would mean no in year tax savings (did a dealer pass through) for 14K savings, and if I hold my car and things do settle down my car would have not been worth 20K over MSRP on a 2018 car. So the way you can look at it, 25K over is a great deal in that scenario and some may even say that it can still be a good deal up to that 34K over based on that math. Not trying to support ADM, but numbers are numbers. Now, if selling mine now, not taking the tax savings in 14K and waiting for a 2022, assuming you can get a 992 GT3 for MSRP, the savings would be 20K, which is a lot, but for a year without a car that you enjoy?
what if something happens to you, something changes, is it worth that 20K?
some would say it does, some may say f… the 20K, I want to enjoy it now.
what if something happens to you, something changes, is it worth that 20K?
some would say it does, some may say f… the 20K, I want to enjoy it now.
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Jred2255 (05-25-2021)
#204
Nothing wrong with paying ADM if you want the car ASAP but I've done it before. This is just a very challenging environment to get any new car at MSRP let along a GT3 at MSRP when you have so many head winds. I don't see how new and used car prices will continue to go higher once the gov't cheese ends and the Fed stops printing money so the best thing to do is to wait until things settle down which they will.
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#205
I purchased my Touring in March 2019, toward the end of the production cycle for the 991.2 GT3. I paid an ADM. I do not think end of the production yields an abundance of GT3s at MSRP. In other words, if I were a prospective buyer, I would not rest my laurels on an abundance of MSRP 992 GT3s being at the ready toward the end of its production cycle.
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alibo70 (05-25-2021)
#206
Originally Posted by Porsche911GTS'16
I purchased my Touring in March 2019, toward the end of the production cycle for the 991.2 GT3. I paid an ADM. I do not think end of the production yields an abundance of GT3s at MSRP. In other words, if I were a prospective buyer, I would not rest my laurels on an abundance of MSRP 992 GT3s being at the ready toward the end of its production cycle.
Increase in interest rate may curb some of the price gauging.
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michaeldorian (05-25-2021)
#207
They'll make the 992.1 GT3 for the rest of 2021, all of 2022, and MAYBE some part of 2023. Basically a 2 to 2.5 year run. Well all of 2021 produced cars and safe to say many early 2022 cars have already been accounted for. How many more GT3s will *actually* be made and available from mid-2022 through mid-2023? I dare say not as many as people think. I doubt we'll see a 2024 992.1 GT3 and most MY2022 GT3s are already ordered or about to be allocated.
Don't bank on the "plenty of GT3s will be produced" mantra. These cars were never really built in masses and demand never really simmers down....and now many of these cars have easily crossed $200,000.
Don't bank on the "plenty of GT3s will be produced" mantra. These cars were never really built in masses and demand never really simmers down....and now many of these cars have easily crossed $200,000.
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PTS (05-27-2021)
#208
They'll make the 992.1 GT3 for the rest of 2021, all of 2022, and MAYBE some part of 2023. Basically a 2 to 2.5 year run. Well all of 2021 produced cars and safe to say many early 2022 cars have already been accounted for. How many more GT3s will *actually* be made and available from mid-2022 through mid-2023? I dare say not as many as people think. I doubt we'll see a 2024 992.1 GT3 and most MY2022 GT3s are already ordered or about to be allocated.
Don't bank on the "plenty of GT3s will be produced" mantra. These cars were never really built in masses and demand never really simmers down....and now many of these cars have easily crossed $200,000.
Don't bank on the "plenty of GT3s will be produced" mantra. These cars were never really built in masses and demand never really simmers down....and now many of these cars have easily crossed $200,000.
#209
I think the point of if you can afford it, buy it now, is well made. No one has a real handle on supply and demand now. Not even Martin. And as someone said above, life can change in an instant. As John Maynard Keynes said “In the long run we are all dead”.
Last edited by carcommander; 05-26-2021 at 08:33 AM.
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#210
Many will pay a 30-50k markup, but few will admit to it. I paid $30k and happy with the decision relative to what other manufacturers are charging at the moment. The guy who said he got a 3% discount on his 992 touring can keep dreaming. That simply did not happen.