A place to discuss all things ADM
11-07-2022 | 11:36 PM
#2851
Rennlist Member
Joined: May 2012
Posts: 13,409
Likes: 4,592
From: Mid-Atlantic (on land, not in the middle of the ocean)
11-07-2022 | 11:41 PM
#2852
Race Car
Joined: Sep 2016
Posts: 4,178
Likes: 2,306
From: California
You mean like BMW of Cleveland that paid $85,000 over
Were they also a not "well-informed" buyer?
2022 Porsche 911 GT3 6-Speed for sale on BaT Auctions - sold for $275,000 on November 4, 2022 (Lot #89,681) | Bring a Trailer
Were they also a not "well-informed" buyer?
2022 Porsche 911 GT3 6-Speed for sale on BaT Auctions - sold for $275,000 on November 4, 2022 (Lot #89,681) | Bring a Trailer
11-07-2022 | 11:43 PM
#2853
Race Car
Joined: Sep 2016
Posts: 4,178
Likes: 2,306
From: California
I said the entire Bay Area …. Talk to lambo /mclaren/Ferrari dealers that have way more expensive cars then Porsche and the waiting list is 3x the allocations they have right now .
interest rates higher , stock market tanking and still way more demand for cars then 2019.
interest rates higher , stock market tanking and still way more demand for cars then 2019.
Case in point, Prestige in Fremont has a 4 month wait to install PPF.
11-07-2022 | 11:45 PM
#2854
Rennlist Member
Joined: May 2012
Posts: 13,409
Likes: 4,592
From: Mid-Atlantic (on land, not in the middle of the ocean)
You mean like BMW of Cleveland that paid $85,000 over
Were they also a not "well-informed" buyer?
2022 Porsche 911 GT3 6-Speed for sale on BaT Auctions - sold for $275,000 on November 4, 2022 (Lot #89,681) | Bring a Trailer
Were they also a not "well-informed" buyer?
2022 Porsche 911 GT3 6-Speed for sale on BaT Auctions - sold for $275,000 on November 4, 2022 (Lot #89,681) | Bring a Trailer
Don't you already own a 992 GT3? Why are you so interested in the prices?
Last edited by Manifold; 11-07-2022 at 11:46 PM.
11-07-2022 | 11:49 PM
#2856
Rennlist Member
Joined: Mar 2017
Posts: 480
Likes: 345
I assume they are still trying to make money in the process. I doubt they are throwing money around just to pump up market prices.
11-07-2022 | 11:53 PM
#2857
Rennlist Member
Joined: Mar 2017
Posts: 480
Likes: 345
992 GT market is in a hilarious free fall fueled by the stealers and new GT buyers that are delusioned into thinking these are investments which is honestly sad they think that.
This market is getting the death by 1,000 knives, and by 1k knives, I mean 1, 1% knife every month for 50 months until 992 GT is 20-3k under sticker which will happen this time next year.
You heard it here first. 20-30k under 992 GT sticker Oct 2023. Here come the 992 GT ADM buyers to tell us they caught the falling knife
This market is getting the death by 1,000 knives, and by 1k knives, I mean 1, 1% knife every month for 50 months until 992 GT is 20-3k under sticker which will happen this time next year.
You heard it here first. 20-30k under 992 GT sticker Oct 2023. Here come the 992 GT ADM buyers to tell us they caught the falling knife
Man I needed a good laugh!! Gets me every time.
11-07-2022 | 11:56 PM
#2858
Rennlist Member
Joined: May 2012
Posts: 13,409
Likes: 4,592
From: Mid-Atlantic (on land, not in the middle of the ocean)
11-07-2022 | 11:58 PM
#2859
Rennlist Member
Joined: Mar 2017
Posts: 480
Likes: 345
I'm sure we will be able to see it on their website soon enough, so let's see. Itll be a nice piece of eye candy in the showroom regardless.
The following users liked this post:
Manifold (11-08-2022)
11-08-2022 | 01:27 AM
#2860
Instructor
Joined: Mar 2021
Posts: 202
Likes: 175
FYI The "BMW of Cleveland" winner of that auction is not planning to sell it at their dealership, he specifically mentions he plans to put miles on the car immediately, and also mentions how his dealer does not charge over MSRP, he mentions he is an enthusiast.
Last edited by WCGhost; 11-08-2022 at 01:29 AM.
The following users liked this post:
Manifold (11-08-2022)
11-08-2022 | 08:13 AM
#2861
Rennlist Member
Joined: May 2012
Posts: 13,409
Likes: 4,592
From: Mid-Atlantic (on land, not in the middle of the ocean)
https://www.investopedia.com/financi...-of-the-1.aspx
I suspect that the median buyer of a Porsche GT car isn’t in the top 1% by either metric.
I suspect that the median buyer of a Porsche GT car isn’t in the top 1% by either metric.
11-08-2022 | 09:51 AM
#2862
Race Car
Joined: Jun 2018
Posts: 4,567
Likes: 5,445
From: Ohio
Just like everyone who got a GT3 over the past year and immediately flips it because their wife says the ride is too harsh, they need a back seat suddenly, etc.
The following 4 users liked this post by shrimp money:
11-08-2022 | 10:43 AM
#2864
Rennlist Member
Joined: Nov 2021
Posts: 430
Likes: 257
https://www.investopedia.com/financi...-of-the-1.aspx
I suspect that the median buyer of a Porsche GT car isn’t in the top 1% by either metric.
I suspect that the median buyer of a Porsche GT car isn’t in the top 1% by either metric.
11-08-2022 | 10:46 AM
#2865
Three Wheelin'
Joined: Jan 2011
Posts: 1,459
Likes: 471
You mean like BMW of Cleveland that paid $85,000 over
Were they also a not "well-informed" buyer?
2022 Porsche 911 GT3 6-Speed for sale on BaT Auctions - sold for $275,000 on November 4, 2022 (Lot #89,681) | Bring a Trailer
Were they also a not "well-informed" buyer?
2022 Porsche 911 GT3 6-Speed for sale on BaT Auctions - sold for $275,000 on November 4, 2022 (Lot #89,681) | Bring a Trailer
The following users liked this post:
WCGhost (11-09-2022)