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Old 10-26-2022, 05:59 PM
  #2641  
Manifold
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Originally Posted by raymort
I believe there have been some big ballers that have enough money to not care and don’t like to wait that did.

$ buys a spot in front of the line. They received their car over a year ago.
I can see that, but the cars just don't seem worth MSRP + $100k more ADM. The cars are good but not that good.

I think some people are just bored and flush with money, thinking that buying toys will make them happy.

I bought a lot of music gear during the pandemic, but ADM isn't a thing in that world, you just put your order in and wait for it to arrive.
Old 10-26-2022, 06:03 PM
  #2642  
Maverick787
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Originally Posted by Diablo Dude
Dont feed the Trolls.
The highest I've heard this year in the Bay Area was $110,000 over at a dealer with Google in its backyard.
I was there at this bid.


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Old 10-26-2022, 06:11 PM
  #2643  
RUF RS
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Originally Posted by Maverick787
Actually, that car was bid to $365,500 NOT $265,500...and INMO would have gone higher if not such a SPECIFIC color....
Old 10-26-2022, 06:15 PM
  #2644  
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Originally Posted by RUF RS
Actually, that car was bid to $365,500 NOT $265,500...and INMO would have gone higher if not such a SPECIFIC color....
yes, it was a fat finger I corrected. Kinda weird I’ve seen non PTS go higher.
Old 10-26-2022, 06:28 PM
  #2645  
raymort
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Originally Posted by Manifold
I can see that, but the cars just don't seem worth MSRP + $100k more ADM. The cars are good but not that good.

I think some people are just bored and flush with money, thinking that buying toys will make them happy.

I bought a lot of music gear during the pandemic, but ADM isn't a thing in that world, you just put your order in and wait for it to arrive.
Not worth it to you...but if someone wants to be first, they have the cash and don't care, and they may value time more than money, it's chump change to them.
Why does everyone want to project their valuation on others?

Maybe they have been working so hard all of their lives that they don't know their own kids, they have 3 ex-wives, they have a pace maker, but they have a gazillion dollars and want to have their dream car??

No, I'm not talking about Musk, but people like that...

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Old 10-26-2022, 06:55 PM
  #2646  
Manifold
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Originally Posted by raymort
Not worth it to you...but if someone wants to be first, they have the cash and don't care, and they may value time more than money, it's chump change to them.
Why does everyone want to project their valuation on others?

Maybe they have been working so hard all of their lives that they don't know their own kids, they have 3 ex-wives, they have a pace maker, but they have a gazillion dollars and want to have their dream car??

No, I'm not talking about Musk, but people like that...
Not worth it to me, obviously worth it to others, or at least they thought so when they purchased.
Old 10-26-2022, 07:01 PM
  #2647  
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Yeah I am not buying anyone actually bought these cars for 50-100k ADM because they thought they were that good and need to drive them before they cant ever again...

They paid that because they believed they hodl all value so "own for free" and sell for same or more.

It was evident in that failed 992 gt touring auction from a week or two ago and very evident in the vibes on RL imo.

People call going against that trolling which is insanity.

me: Your main stream GT cars are going back to sticker
RL: TROLL!!! YOU DONT no how 2 MATH buddy! PTS and PCCB and deviated stitching and touring, everyone will ALWAYS want one of these for CrAZy prices.
Old 10-26-2022, 07:18 PM
  #2648  
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Originally Posted by Maverick787
I was there at this bid.

Yes, that's the one that sold for $417,500 USD.

2022 Porsche 911 GT3 Touring Package | Monterey | RM Sotheby's (rmsothebys.com)


Old 10-26-2022, 07:23 PM
  #2649  
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Originally Posted by Manifold
Not worth it to me, obviously worth it to others, or at least they thought so when they purchased.
Question: Why do you care so much how others spend their money?


Old 10-26-2022, 07:25 PM
  #2650  
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Here is another data point (in terms of what some ppl have been paying for those that really 'care'). Quote from seller (de facto intermediary, i.e. not prior owner) who has good rep on BaT so would assume comment was genuine.

Jul 22 at 10:25 PM "Wob (The Seller):@ama74 I can tell you the prior owner paid more, so I would say the new owner was smart to wait and buy."

And this is for a Touring that sold for $87K over (factoring buyer premium), so assuming validity of seller comment I reckon original owner paid in the 6-figure ADM range:

https://bringatrailer.com/listing/20...gt3-touring-4/

I dunno if I would go as far as calling auction winner "smart for waiting to buy" as $87K (+transport) is still hefty, but to each their own.
Old 10-26-2022, 07:54 PM
  #2651  
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Originally Posted by Diablo Dude
Question: Why do you care so much how others spend their money?
I don’t care at all, except to the extent that it affects the ability to get one of these cars and the market price.

To the extent that I care, why do you care that I care? I’m just some guy on a forum.

Last edited by Manifold; 10-26-2022 at 07:56 PM.
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Old 10-26-2022, 08:10 PM
  #2652  
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Originally Posted by Manifold
I don’t care at all, except to the extent that it affects the ability to get one of these cars and the market price.

To the extent that I care, why do you care that I care? I’m just some guy on a forum.
I know.
You dont care . . . but you really do care.
You've been repeating yourself over and over again on this thread.

As someone that trades the financial markets, I just think it's funny.

For example, I couldnt care less who paid $135.55 for META today before their earnings came out and the stock tanked to $105.
Someone paid it. They did so before a significant material event. And they were wrong. It happens.
That has ZERO impact on me.


Last edited by Diablo Dude; 10-26-2022 at 08:12 PM.
Old 10-26-2022, 08:14 PM
  #2653  
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Originally Posted by Diablo Dude
I know.
You dont care . . . but you really do care.
You've been repeating yourself over and over again on this thread.

As someone that trades the financial markets, I just think it's funny.

For example, I couldnt care less who paid $135.55 for META today before their earnings came out and the stock tanked to $105.
Someone paid it. They did so before a significant material event. And they were wrong. It happens.
That has ZERO impact on me.
You didn’t answer my question, which is just as valid as yours.

Pretty sure you’ve posted in this thread way more than I have.
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Old 10-26-2022, 09:03 PM
  #2654  
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If all the high demand cars were sold at msrp than the ability to get an allocation would not be any easier- in fact harder but the allocations would definitely only go to goofballs like myself that buy several cars from Porsche dealers a year. And any new Porsche buyers would never see an allocation of a hot model.

I do stupid things like buy a watch or two and a bike from my Porsche dealer when asked and I buy several cars a year and I trade in at reasonable prices cars I am bored with as well.

And I have never paid a premium over msrp - but I do make the dealer enough profits that they favor my requests.

I just got the dealers first allocation for a T 911 at msrp for example—

so even if all cars were by law sold at msrp buyers with no history with a dealer and that have not helped and the dealer in good times and bad times - will never get an allocation even often with a premium but definitely never at msrp.

One tip/ find out who the sales manager is at your target dealer and try to talk to him or her- buy a watch from him and place your order with him. The sales manager has control of allocations for the dealership even before a regular salesman.


just my two cents and this is my story as a Porsche guy fanatic and I am sticking to it!



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Old 10-26-2022, 09:39 PM
  #2655  
Manifold
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Targa32, I suspect that you're far from the typical buyer of these cars with that kind of volume.

Demand for these kinds of cars went a little crazy during the pandemic, while supply went down because of supply chain issues, hence relatively big ADM. We may not see this kind of imbalance again in our lifetimes.


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