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Old 09-23-2022, 03:57 PM
  #2356  
av12345
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Originally Posted by 992WhiteOut
Is there anybody not GT 911 still paying ADM do you think? What would folks pay for an S/4S/Targa? Have they been able to get ADM on base cars? Have a great weekend all!
i think plenty are still paying ADMs on S / GTS variants. You should probably ask in regular 992 forum though.
Old 09-23-2022, 10:34 PM
  #2357  
shrimp money
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Originally Posted by 992WhiteOut
Is there anybody not GT 911 still paying ADM do you think? What would folks pay for an S/4S/Targa? Have they been able to get ADM on base cars? Have a great weekend all!
People are still paying ADM on S and GTS variants, but seems to be more so in large, metro markets.
Old 09-23-2022, 11:49 PM
  #2358  
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Originally Posted by Engeljizzle
I don't understand their logic. Economy is taking a dump and things will only get worse for the car market, not to mention they are probably eating into their floor plan right now. The scary thing is, the big boys (auto nation, sonic, penske, etc) are going to start liquidating cars on floor plan at a certain point and all these guys who overpaid on going to be left with their d*cks in their hand paying out the wazoo for their floor plans with cars they cant sell for what they paid wholesale.
Yeah, no more free money for floor plan interest rates....I hope those vampires start feeling the pain as their carrying costs rise.
Old 09-24-2022, 08:03 AM
  #2359  
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Originally Posted by usctrojanGT3
Yeah, no more free money for floor plan interest rates....I hope those vampires start feeling the pain as their carrying costs rise.
Not sure they do. $10k buys you one year of financing on a $200k sticker at 5% a year, right? I don't think that's gonna make anyone go "OMG I need to dump this car now, let me list it at MSRP instead of 100k ADM".
Old 09-24-2022, 11:32 AM
  #2360  
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Not sure if this has been discussed earlier (too many posts!), but do other people also feel CA dealers in general have higher markups? I've been following (asking) prices for the past few weeks and often see some out of state dealers asking a lower price for a similarly-spec'ed car with similar MSRPs (obviously it's almost impossible to find two Porsches with the exact same spec), compared to a CA dealer, to a point where sometimes it's still cheaper to buy a car from out of state and have it shipped to CA.

Just wondering if other people feel the same way or maybe they were just some edge cases.
Old 09-24-2022, 12:07 PM
  #2361  
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Originally Posted by Azzurri GT3
I have to be honest I don't know when will see these cars(or any special cars similar to the GT3) selling for MSRP or below on the regular even with a bad economy like now, maybe when they're 3-5 years old?

I think with Inflation and everything else, plus everything going electric; the days of getting discounts on 'special' cars are over for 'MOST' people.

Just my opinion.
Hard to say but 2-3 years ago, you could certainly get 991.2's at MSRP or less on the lightly owned very low miles market. Obviously not ordered or new - for the average Joe Shmo. Going forward, If things get bad - maybe - but likely the scarcity and demand will keep them propped up but not to March 2022 prices. its not far fetched and i think it will likely get there - to see a 1 year old 992 GT3 selling for MSRP next year. Obviously this is pure speculation and my crazy opinion - before all the keyboard warriors attack me.
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Old 09-24-2022, 12:42 PM
  #2362  
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Originally Posted by rodsky
Hard to say but 2-3 years ago, you could certainly get 991.2's at MSRP or less on the lightly owned very low miles market. Obviously not ordered or new - for the average Joe Shmo. Going forward, If things get bad - maybe - but likely the scarcity and demand will keep them propped up but not to March 2022 prices. its not far fetched and i think it will likely get there - to see a 1 year old 992 GT3 selling for MSRP next year. Obviously this is pure speculation and my crazy opinion - before all the keyboard warriors attack me.
I think MSRP for a used 992 GT3 will be possible next year.
Old 09-24-2022, 01:04 PM
  #2363  
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Originally Posted by usctrojanGT3
I think MSRP for a used 992 GT3 will be possible next year.
for a wing I think it’s very likely - you think for a touring as well?
Old 09-24-2022, 01:08 PM
  #2364  
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I wouldnt pay over msrp for post 991 gt3s...
Old 09-24-2022, 01:11 PM
  #2365  
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Originally Posted by Freddie Two Bs
Not sure they do. $10k buys you one year of financing on a $200k sticker at 5% a year, right? I don't think that's gonna make anyone go "OMG I need to dump this car now, let me list it at MSRP instead of 100k ADM".
that’s not how it works with flooring lines. Most of these non franchised dealers have interest only for 30-60 or 90 days and then they need to make curtailment payments on the principal and remaining interest to essentially pay the entire balance(including principal) over a period of a few months (3-6 months is common). You don’t just sit on the inventory and pay interest only indefinitely.

also, flooring finance companies routinely evaluate your inventory to make sure you aren’t upside down compared to what it’s worth and can demand that you pay down the outstanding balance on a short notice to bring in line with what was contractually agreed to. There will be pain in the car biz going into next year.
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Old 09-24-2022, 02:14 PM
  #2366  
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Originally Posted by Reece Harvath
u said the same
last year
🤣🤣🤣


Old 09-24-2022, 02:38 PM
  #2367  
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Originally Posted by Jbravo23
🤣🤣🤣

He was right in April 2020 - there were no GT3's new (the 992 was a year off), there were no 2020 TTS's. The stock market was in free fall. So it wasn't hilarious at the time. Then the market took off and supply chains were disrupted and you couldnt do anything except stay home and drive - so cars took off. Now things are different. Fedex stock collapsed - people arent staying home and buying **** as much they are shifting $$ to vacations. Market is way down and rates are way up. I think prices will come down and people trying to buy GT3's at $280 and sell at $310 - those days are coming to an end.
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Old 09-24-2022, 02:41 PM
  #2368  
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Originally Posted by usctrojanGT3
I think MSRP for a used 992 GT3 will be possible next year.
Originally Posted by Reece Harvath
u said the same
last year
If he keeps saying it, one of these years he's going to be right.

So give him credit for persistence, if not consistency.
Old 09-24-2022, 02:43 PM
  #2369  
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Originally Posted by av12345
for a wing I think it’s very likely - you think for a touring as well?
For some reason people are obsessed with Tourings. Not sure I completely understand that dynamic. And manuals are more "popular" in the US. So a manual 992 Touring will hold a little better than a winged PDK. Which is OK by me. I have a big birthday next year and I am trying to decide what to add for my mid life crisis. I just don't like the attention of F's, L's etc, and lack of "practicality". So contemplating a 992 GT3 which I would use more often anyways. I would buy a winged one and PDK. My Turbo is staying as its pretty tricked out and flies under the radar.
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Old 09-24-2022, 04:58 PM
  #2370  
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Originally Posted by rodsky
For some reason people are obsessed with Tourings. Not sure I completely understand that dynamic. And manuals are more "popular" in the US. So a manual 992 Touring will hold a little better than a winged PDK. Which is OK by me. I have a big birthday next year and I am trying to decide what to add for my mid life crisis. I just don't like the attention of F's, L's etc, and lack of "practicality". So contemplating a 992 GT3 which I would use more often anyways. I would buy a winged one and PDK. My Turbo is staying as its pretty tricked out and flies under the radar.
I’m certainly one of those people purely because I want to fly under the radar so I personally get the appeal - I love Fs and Ls etc but it doesn’t quite fit my personality. The touring meets that criteria perfectly - now if only P would add some back seats…
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