A place to discuss all things ADM
#3226
Race Car
These cars have really wound some people up.
Some are probably upset because they feel they may have overpaid for a car and/or don’t like the car as much as they expected. Others are upset because they can’t currently get a particular car at a price they’re willing to pay.
Some are probably upset because they feel they may have overpaid for a car and/or don’t like the car as much as they expected. Others are upset because they can’t currently get a particular car at a price they’re willing to pay.
You've posted 89X here and 60X this month alone. Sure sounds like you're upset about something.
#3227
These cars have really wound some people up. Some are probably upset because they feel they may have overpaid for a car and/or don’t like the car as much as they expected. Others are upset because they can’t currently get a particular car at a price they’re willing to pay.
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Ascend (11-28-2022)
#3228
Rennlist Member
I don't get it...aren't the folks that paid big ADMs for their GT3s did so with eyes wide open and deep pockets? So if that's the case then why do they get so bent out of shape when there are people that talk about the ADMs coming down (which they are)? It's just a car, it's not an investment, and once it's paid for should be treated as a sunk cost that generates smiles and happiness. I couldn't be any happier that speculators/flippers, especially stealers, are going to lose money on their speculation. Live by the sword, die by the sword.
Unfortunately there are some people on here who think that if someone isn't willing to pay an ADM that they can't afford the car....wrong, some of us place values on cars and if current sales prices are above what we value the cars at we don't buy them.
Unfortunately there are some people on here who think that if someone isn't willing to pay an ADM that they can't afford the car....wrong, some of us place values on cars and if current sales prices are above what we value the cars at we don't buy them.
" I paid 75 k ADM for GT3 and every person on RL paid same or more , oh well I did well "
or
" I paid 75 k ADM for GT3 and other people are paying 25 k ADM , oh well I got screwed "
The following 2 users liked this post by pitt911:
usctrojanGT3 (11-28-2022),
WCGhost (11-29-2022)
#3229
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usctrojanGT3 (11-28-2022)
#3230
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#3231
Rennlist Member
Join Date: May 2012
Location: Mid-Atlantic (on land, not in the middle of the ocean)
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#3232
For me, diminishing returns on enjoyment start to kick in with these cars at a price of around $50-100K. I can't really imagine enjoying a car costing several hundred thousand dollars enough to justify spending that much, but I suppose I might not care about the value as much if you added a 0 to my net worth.
#3233
Last edited by WCGhost; 11-29-2022 at 01:32 PM.
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Freddie Two Bs (11-29-2022)
#3234
Rennlist Member
Join Date: May 2012
Location: Mid-Atlantic (on land, not in the middle of the ocean)
Posts: 13,027
Received 4,348 Likes
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Very strong bid, and it looks like based on BAT sales, a touring , 6-speed, PTS has not really declined in price much at all. I think when others are discussing price drops, they should differentiate this as there is a widening margin between a car that is these 3 things (touring, 6-speed, PTS) and one that is not. Even a touring/6speed/ and non PTS, but non bland color will also catch a solid premium. I am actually surprised to see people trying to flip winged cars (BMW of Cleveland), because that market is getting a bit dicey with may cars sitting over 100 days. I reached out to a dealer who had a car in their show room and listed online since Jan 4, and they are still asking $120K over on a winged car, really makes you question at what point do you move on from a car if you are a dealer. It seems like many dealers can wait to see who blinks first. 325+ days of being listed is just insanity though.
The pricing on the wingless manual 992 GT3 cars is interesting. Seems like some people imagine it will make them happy as an engaging road car, so they're willing to fork over big dollars to get it. But I see the prices eventually coming down on those also, as with all non-collectors cars.
#3235
If they paid too much for the car, they be holding out in hope of not taking a loss on the car.
The pricing on the wingless manual 992 GT3 cars is interesting. Seems like some people imagine it will make them happy as an engaging road car, so they're willing to fork over big dollars to get it. But I see the prices eventually coming down on those also, as with all non-collectors cars.
The pricing on the wingless manual 992 GT3 cars is interesting. Seems like some people imagine it will make them happy as an engaging road car, so they're willing to fork over big dollars to get it. But I see the prices eventually coming down on those also, as with all non-collectors cars.
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Manifold (11-29-2022)
#3236
Very strong bid, and it looks like based on BAT sales, a touring , 6-speed, PTS has not really declined in price much at all. I think when others are discussing price drops, they should differentiate this as there is a widening margin between a car that is these 3 things (touring, 6-speed, PTS) and one that is not. Even a touring/6speed/ and non PTS, but non bland color will also catch a solid premium. I am actually surprised to see people trying to flip winged cars (BMW of Cleveland), because that market is getting a bit dicey with many cars sitting over 100 days. I reached out to a dealer who had a car in their show room and listed online since Jan 4, and they are still asking $120K over on a winged car, really makes you question at what point do you move on from a car if you are a dealer. It seems like many dealers can wait to see who blinks first. 325+ days of being listed is just insanity though.
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Manifold (11-29-2022)
#3237
Got an allocation
I got an allocation for a buildable winged car. My dealer says they are a "market price" dealer, which today is $50k ADM. But if market drops between now and the delivery date the ADM would adjust accordingly. If at the end of the day the car comes in and the ADM is over what I'm willing to pay they are happy to cancel my order and put it on the showroom floor for sale. Sound reasonable?
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WCGhost (11-30-2022)
#3239
Rennlist Member
I got an allocation for a buildable winged car. My dealer says they are a "market price" dealer, which today is $50k ADM. But if market drops between now and the delivery date the ADM would adjust accordingly. If at the end of the day the car comes in and the ADM is over what I'm willing to pay they are happy to cancel my order and put it on the showroom floor for sale. Sound reasonable?
I will agree to a lower ADM that is fixed
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azzurri (11-30-2022)
#3240
I got an allocation for a buildable winged car. My dealer says they are a "market price" dealer, which today is $50k ADM. But if market drops between now and the delivery date the ADM would adjust accordingly. If at the end of the day the car comes in and the ADM is over what I'm willing to pay they are happy to cancel my order and put it on the showroom floor for sale. Sound reasonable?
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azzurri (11-30-2022),
welikethetrack (11-29-2022)