A place to discuss all things ADM
#3736
One thing I forgot to mention from the conversation with my GM. He doesn't think these cars are worth the highly inflated prices, and isn't interested in buying them at inflated prices due to the risk of being underwater if prices decline, as has been happening and he expects will continue to happen.
If I had to guess, your dealer is still probably selling their used GT cars at an "inflated price" and will continue to do so.
Last edited by rusmani; 12-21-2022 at 07:10 PM.
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AlexCeres (12-21-2022)
#3737
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Dealers want to have their cake and eat it too. They'll tell you that to lowball your trade in, but still likely charge a healthy markup for anything new/used they have. Just part of the dealer ploy.
If I had to guess, your dealer is still probably selling their used GT cars at an "inflated price" and will continue to do so.
If I had to guess, your dealer is still probably selling their used GT cars at an "inflated price" and will continue to do so.
#3738
Talked with my GM today. He said that, based on email he got from Porsche last week, there will be no more GT car allocations for MY 2023 and 2024. He was told to cancel all order demands. So if you don't already have an allocation, you're not going to get one unless there's one for sale somewhere with an ADM. I'm at the top of his list to get allocations (at MSRP) for the 992.2 cars, but that's likely 2+ years off.
I think this will tend to keep the prices of the used GT cars up for a while, even if we have a recession next year. Prices may continue to gradually drift down, but I don't expect a crash in GT car prices next year, so getting a used 992 GT car at around MSRP may be about the best deal you're going to get.
I'm considering picking up a 991.2 Turbo or Turbo S, or waiting to get an allocation for a 992 turbo that I can spec for a track build.
I think this will tend to keep the prices of the used GT cars up for a while, even if we have a recession next year. Prices may continue to gradually drift down, but I don't expect a crash in GT car prices next year, so getting a used 992 GT car at around MSRP may be about the best deal you're going to get.
I'm considering picking up a 991.2 Turbo or Turbo S, or waiting to get an allocation for a 992 turbo that I can spec for a track build.
Curious of your thinking here but I dont follow this thread enough to fully understand what you really desire....but, here goes: if you truly desire a gt3 (touring or winged?) but you dont want to pay a significant ADM (totally agree and I wouldn't either), are you thinking that buying a preowned 992 GT3 with a modest ADM is going to keep you in a better position 2 years from now (whenever you would sell it) versus buying a new 2022 turbo s "nowish" (even at MSRP or at discount)? I would think the turbo s will depreciate steeper than a gt3 and the initial purchase is higher than the gt3. just trying to understand if you have considered those considerations?
#3739
#3740
there is zero chance these cars will sell for msrp before production ceases. Most of those allocations are already assigned. Despite crypto and some fairly sharp market down turns especially in some specific companies, my dealer says basically no one is canceling or backing out. Even if they did, he’d sell with adm in a couple days.
#3741
#3742
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Curious of your thinking here but I dont follow this thread enough to fully understand what you really desire....but, here goes: if you truly desire a gt3 (touring or winged?) but you dont want to pay a significant ADM (totally agree and I wouldn't either), are you thinking that buying a preowned 992 GT3 with a modest ADM is going to keep you in a better position 2 years from now (whenever you would sell it) versus buying a new 2022 turbo s "nowish" (even at MSRP or at discount)? I would think the turbo s will depreciate steeper than a gt3 and the initial purchase is higher than the gt3. just trying to understand if you have considered those considerations?
#3743
Phew ! I thought I was the only person that didn’t want to pay a super high ADM for a used car. New ? Maybe . Used even with low miles? No.
a little over is fine. Obscene amounts ? No
a little over is fine. Obscene amounts ? No
#3744
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There wouldn't be more than four hundred 991 and 992 GT cars for sale if there were plenty of people willing to pay those high prices. It's like a game of chicken now (or contest to see who blinks first). Sellers don't want to drop the prices (and many may have paid well over MSRP) in hope of high profits, and buyers are inclined to wait it out in hope of lower prices. Who will eventually be under more pressure to move, sellers or buyers? It may depend somewhat on economic conditions in 2023. I myself am not inflexible about which cars I buy and drive, so if Option A isn't available at an acceptable price, I'll look at other options - they're all just cars.
Last edited by Manifold; 12-21-2022 at 09:49 PM.
#3745
Uhhhh, I think most of us don't want to pay any sort of ADM, especially not a super high ADM. But I'd just be realistic about your expectations. If you think you're getting a new or like new 992 GT3 at MSRP anytime soon...have fun waiting. I think if you shop around and be diligent you can find a deal better than market average, but it'll still likely be at least 30-50k over MSRP at the moment and honestly likely for the foreseeable future.
#3746
Good questions. For context, wife and I both track and we have a 981 GT4 and 991.1 GT3. Would like to upgrade to 4RS and 992 GT3, but no chance of getting 4RS at a reasonable price and not interested in paying way over MSRP for the GT3. Can get CPO 991.2 Turbo or Turbo S for well under MSRP, both of which are plenty fast for the track, so thinking is to get one of those and sell the GT4, and keep the 991.1 GT3 until I can get an MSRP allocation for a .2 GT3 in a couple years. People tend to rag on the Turbo/S as boring or sterile, but I found them very exciting to drive on the road and the guys who track them do seem to enjoy them on the track. Couple reviews:
https://www.youtube.com/watch?v=hRyeTxlvbe4&t=1s
https://www.youtube.com/watch?v=Uv8z7inZKpU
https://www.youtube.com/watch?v=hRyeTxlvbe4&t=1s
https://www.youtube.com/watch?v=Uv8z7inZKpU
totally understand the plan and love the line up idea. I have owned every iteration of turbo besides the 992 version and i think they are amazingly user friendly in every environment. It amazes me, though, how pricey the newest iteration is. wow..;.
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Manifold (12-21-2022)
#3747
Uhhhh, I think most of us don't want to pay any sort of ADM, especially not a super high ADM. But I'd just be realistic about your expectations. If you think you're getting a new or like new 992 GT3 at MSRP anytime soon...have fun waiting. I think if you shop around and be diligent you can find a deal better than market average, but it'll still likely be at least 30-50k over MSRP at the moment and honestly likely for the foreseeable future.
I am realistic. I’d like to pay 25-40 over for near new car. 70-80 is too high even for a new one . I don’t see the value . I’d rather step up and get a McClaren. 720s for 320-350.
#3748
Race Car
#3749
Burning Brakes
GT3, 3RS and 4rs production being over LOL. GT3 never hitting MSRP ever hahahaha
You guys are great entertainment.
Thank you for making my year more enjoyable. I hope you all have a very merry Christmas.
You guys are great entertainment.
Thank you for making my year more enjoyable. I hope you all have a very merry Christmas.
#3750
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