A place to discuss all things ADM
10-19-2022 | 03:04 AM
#2536
Rennlist Member
Joined: Oct 2019
Posts: 2,905
Likes: 1,729
Market is frothy with a lot of uncertainty and some pretty significant swings day to day. It’s not clear to me there is a significant discrepancy between those prices to be explained if the market is bouncing around while trending down. Also, the blue one was a manual which have been rarer and commanding premiums.
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WCGhost (10-19-2022)
10-19-2022 | 03:25 AM
#2537
Burning Brakes
Joined: Sep 2018
Posts: 1,120
Likes: 749
From: Santa Monica
Honestly this thread and site is plagued by salesman pumping the ADM. Get ready buttercup cause it has started. And honestly coming from a real buyer who gave up on a 992 GT3 I can’t wait to watch.
Before you say I’m just bitter I got a 997.2 Deman 4.5 ready to rip.
Let’s all enjoy the show. My call is a across the board $75 k drop from todays value.
Before you say I’m just bitter I got a 997.2 Deman 4.5 ready to rip.
Let’s all enjoy the show. My call is a across the board $75 k drop from todays value.
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WCGhost (10-19-2022)
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welikethetrack (10-20-2022)
10-20-2022 | 08:15 PM
#2540
Three Wheelin'
Joined: Aug 2017
Posts: 1,444
Likes: 317
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10-20-2022 | 08:49 PM
#2543
Burning Brakes
Joined: Nov 2020
Posts: 819
Likes: 742
From: San Diego california
Today I was offered a GT3 at $65,000 over msrp from a dealer I have bought two other cars from in the past year. I suspect if I offered $50,000 over msrp he would take the offer. This is for an allocation to build whatever car I would like as well. I think they had a guy cancel just before the allocation locked.
they were buying the cars for the dealership and selling them from the floor. But obviously don’t want the risk and the SA I have bought two cars from as noted- also turned down the opportunity to buy my 2022 GT4 from me as well. Says they don’t want any GT cars in inventory. This tells you what they one Porsche dealer thinks about the market.
before the Pandemic dealers were selling most porsche sports cars at msrp or msrp less $3,000 for past customers and a horrible spec that was on the floor maybe $5,000 under msrp.
my guess is that as Porsche ramps up production so there are more cars flowing off the assembly line- and interest rates are back to 6% plus for a new car and no chance of making a profit from car investing - that dealers start selling cars again at msrp less $2,000 for good customers and msrp for new customers. And they have a harder time selling the more expensive cars as well.
I called for a quote for an intermediate service on my 2021 Targa 4 at my local dealer and was quoted $1,700 or $795 for an oil change alone.
Some of these guys that bought GT3’s might not have had to do a service on that car yet - I assume that the dealers gouge even more for a car you paid twice as much for.
A GT3 at $25,000 over msrp would be relatively a safe buy- I doubt these cars will trade any time soon below MSRP so risking $25,000 is a reasonable amount of loss on a toy.
they were buying the cars for the dealership and selling them from the floor. But obviously don’t want the risk and the SA I have bought two cars from as noted- also turned down the opportunity to buy my 2022 GT4 from me as well. Says they don’t want any GT cars in inventory. This tells you what they one Porsche dealer thinks about the market.
before the Pandemic dealers were selling most porsche sports cars at msrp or msrp less $3,000 for past customers and a horrible spec that was on the floor maybe $5,000 under msrp.
my guess is that as Porsche ramps up production so there are more cars flowing off the assembly line- and interest rates are back to 6% plus for a new car and no chance of making a profit from car investing - that dealers start selling cars again at msrp less $2,000 for good customers and msrp for new customers. And they have a harder time selling the more expensive cars as well.
I called for a quote for an intermediate service on my 2021 Targa 4 at my local dealer and was quoted $1,700 or $795 for an oil change alone.
Some of these guys that bought GT3’s might not have had to do a service on that car yet - I assume that the dealers gouge even more for a car you paid twice as much for.
A GT3 at $25,000 over msrp would be relatively a safe buy- I doubt these cars will trade any time soon below MSRP so risking $25,000 is a reasonable amount of loss on a toy.
10-20-2022 | 09:30 PM
#2544
Instructor
Joined: Mar 2021
Posts: 202
Likes: 175
What I am wondering is why they don't want any GT cars in inventory? Wouldn't the price they pay matter if they are willing to take any? If this is the case, then I wonder if they are reaching a point of where they just are not able to move the GT3 cars they already have at above MSRP that they may have paid, and don't want to pay the showroom loans to keep the cars. It seems like GT3 cars take longer to move than a Cayenne would, and cost a lot more in interest for them to hold on to.
My guess was that GT3 cars were not being sold to use, but for financial reasons and now that game is over. So whoever is buying these cars at this stage will actually put miles on the car. I am seeing large discrepancies in pricing of comparable cars at the same dealership, so my guess is the price they paid in August for a car is a lot lower than July. I think $0-$25K ADM will be reasonable to see in the coming months.
My guess was that GT3 cars were not being sold to use, but for financial reasons and now that game is over. So whoever is buying these cars at this stage will actually put miles on the car. I am seeing large discrepancies in pricing of comparable cars at the same dealership, so my guess is the price they paid in August for a car is a lot lower than July. I think $0-$25K ADM will be reasonable to see in the coming months.
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welikethetrack (10-21-2022)
10-20-2022 | 09:36 PM
#2545
Rennlist Member
Joined: Nov 2021
Posts: 430
Likes: 257
Today I was offered a GT3 at $65,000 over msrp from a dealer I have bought two other cars from in the past year. I suspect if I offered $50,000 over msrp he would take the offer. This is for an allocation to build whatever car I would like as well. I think they had a guy cancel just before the allocation locked.
they were buying the cars for the dealership and selling them from the floor. But obviously don’t want the risk and the SA I have bought two cars from as noted- also turned down the opportunity to buy my 2022 GT4 from me as well. Says they don’t want any GT cars in inventory. This tells you what they one Porsche dealer thinks about the market.
before the Pandemic dealers were selling most porsche sports cars at msrp or msrp less $3,000 for past customers and a horrible spec that was on the floor maybe $5,000 under msrp.
my guess is that as Porsche ramps up production so there are more cars flowing off the assembly line- and interest rates are back to 6% plus for a new car and no chance of making a profit from car investing - that dealers start selling cars again at msrp less $2,000 for good customers and msrp for new customers. And they have a harder time selling the more expensive cars as well.
I called for a quote for an intermediate service on my 2021 Targa 4 at my local dealer and was quoted $1,700 or $795 for an oil change alone.
Some of these guys that bought GT3’s might not have had to do a service on that car yet - I assume that the dealers gouge even more for a car you paid twice as much for.
A GT3 at $25,000 over msrp would be relatively a safe buy- I doubt these cars will trade any time soon below MSRP so risking $25,000 is a reasonable amount of loss on a toy.
they were buying the cars for the dealership and selling them from the floor. But obviously don’t want the risk and the SA I have bought two cars from as noted- also turned down the opportunity to buy my 2022 GT4 from me as well. Says they don’t want any GT cars in inventory. This tells you what they one Porsche dealer thinks about the market.
before the Pandemic dealers were selling most porsche sports cars at msrp or msrp less $3,000 for past customers and a horrible spec that was on the floor maybe $5,000 under msrp.
my guess is that as Porsche ramps up production so there are more cars flowing off the assembly line- and interest rates are back to 6% plus for a new car and no chance of making a profit from car investing - that dealers start selling cars again at msrp less $2,000 for good customers and msrp for new customers. And they have a harder time selling the more expensive cars as well.
I called for a quote for an intermediate service on my 2021 Targa 4 at my local dealer and was quoted $1,700 or $795 for an oil change alone.
Some of these guys that bought GT3’s might not have had to do a service on that car yet - I assume that the dealers gouge even more for a car you paid twice as much for.
A GT3 at $25,000 over msrp would be relatively a safe buy- I doubt these cars will trade any time soon below MSRP so risking $25,000 is a reasonable amount of loss on a toy.
10-20-2022 | 11:43 PM
#2546
Rennlist Member
Joined: Mar 2017
Posts: 480
Likes: 345
Nearly 90k over sticker including 5k BAT fee. Don't think things are suddenly about to drop to MSRP in a matter of months. Been hearing that for the last 18 months and not much has changed.
10-20-2022 | 11:52 PM
#2547
RL Community Team
Rennlist Member
Rennlist Member
Joined: Sep 2005
Posts: 17,294
Likes: 12,206
Honestly, who cares.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
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10-20-2022 | 11:54 PM
#2548
Rennlist Member
Joined: Mar 2017
Posts: 480
Likes: 345
Honestly, who cares.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
Agree. Just a quick and polite counter to the folks thinking GT3s are suddenly about to be MSRP or 30k off sticker in the next two weeks. Makes for a good laugh.
My local dealer has over 30 people on their GT3 list. Salesman said if I hop on I should have the car by 2040! I asked if trading in my GT4 would help and he said unfortunately not.
Last edited by rusmani; 10-20-2022 at 11:57 PM.
10-21-2022 | 12:51 AM
#2549
Rennlist Member
Joined: May 2012
Posts: 13,409
Likes: 4,592
From: Mid-Atlantic (on land, not in the middle of the ocean)
Honestly, who cares.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
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10-21-2022 | 02:08 AM
#2550
Rennlist Member
Joined: Feb 2013
Posts: 16,842
Likes: 4,142
Honestly, who cares.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
You can either afford these cars at the ask price, or market price, whatever it may be.
Or you can't.
Sitting behind your computer talking about prices just means you can't afford the car.
People who can afford these cars (at whatever prices) are buying them, driving them, and enjoying them.
Not sitting behind a computer typing about them.
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