Manifold

We can also use the example of condemning flippers. People have the right to buy a car as an investment and sell it for a quick profit, but many here who say people can do whatever they want with their money say flipping is not ok.

welikethetrack

The biggest issue with the 992 gt3 is it’s majority speculators buying them making fake demand.

2022/2023 gt3 for sale: 170
2022/2023 gt4 for sale: 16

the delta on these 2 is insanity. It either means no one wants the gt3 (not true) or they just made over 10x gt3 as gt4 for these two years (also not true) or everyone is turning them back in because they don’t like them (def not true)

so the only thing left is just everyone is trying to sell them for some reason (trying to flip for profit)

this doesn’t help Porsche and it doesn’t help the end customer. Those are the only 2 people Porsche really cares about. So the model is broken right now and these kinds of events usually end badly.

I really don’t see how these 170 cars move in todays environment at remotely close to their asking prices and they’re still making more. This simple math equation leads to an obvious result in my eyes

LUC111

Englewood NJ Porsche claim first 992 GT3 RS allocation has ADM $150K

G.Irish

As much as people hate the current ADM situation, it absolutely helps Porsche, the same way the overheated market for Rolexes, AP's, and Pateks helps those brands. When you make something that carries that much hype it boosts the brand and eventually the hype spills over into the other products you make. With Rolex the Daytona hype slowly spilled over into the other sport models to where there's waitlists for almost everything.

The fact that there is a relatively high proportion of 992 GT3 buyers trying to flip them means some of those individuals and dealers will lose money as the market cools down. But that doesnt hurt Porsche, they already got their money.

Ultimately I don't know that there's any 'fixing the sales model' other than building more cars. If some of the other posts are to believed, Porsche actually managed to sell almost 3000 992 GT3's in the US so far, so they're trying. Short of making more cars, I don't know that Porsche can really fix the problem because they don't have a lot of direct power over dealerships, and any anti-markup measures you take are simply going to result in some other sort of tradeoff. So with Ferrari (and Rolex), dealers can't sell at a markup, but you end up on waitlists for potentially a very long time, and the customers who buy the most get preference. So with GT cars you'd just be paying your ADM by buying a lot of what you don't want in order to get the car you do want. And you'd STILL have big markups in the secondary market ¯\_(ツ)_/¯

Jbravo23

What’s lame is putting value in what the guys at the dealer say. They’re not driving gt3’s.

no one asked

funny you just bought an m4 tho. One of the worst cars to depreciate.

I realize now that you’re just a troll looking for conversation.

Manifold

A multi-billionaire buys up the vast majority of the GT cars by paying very high ADM, thus driving up the ADM for the cars bought by others, and proceeds to send them all to the junkyard because he finds it amusing. Everyone ok with that? He can do whatever he wants with his money, right? No basis for anyone to complain about his actions?

Manifold

Funny how intolerant people are when they hear things they don’t like hearing.

Splain to me why people who aren’t looking to buy a Porsche, and already bought one by paying substantial ADM, spend time reading and posting in an ADM thread, usually justifying ADM and predicting it won’t go away.

rusmani

There's also people with GT3s that paid no ADM commenting regularly in this thread. And people with no interest or ability to purchase a 992 GT3 (regardless of ADM) in this thread.

This thread is nothing more than mindless entertainment. No one knows with any degree of certainty what will happen to ADMs on GT3s, or many other cars (Porsche and non Porsche) for that matter. And those that claim to are liars. Just a bunch of speculation.

welikethetrack

No one knows WITH ANY DEGREE OF CERTAINTY........IF 992 GT3 ADM was a stock that correlates perfectly with the avg. ADM.....would you buy it right now?

I don't think anyone would...

Obvious direction Rusman

Jbravo23

because no matter how many times I unsubscribe I find myself peeking back because the entertainment value is just too high. I’m perplexed, baffled and somewhat puzzled that you and a few others are still at it.

rusmani

Cool bro. Tell us some more. So cool.

Manifold

It’s an interesting discussion because it’s wide ranging.

The ADM itself isn’t super important to me personally because I’m now top of my dealer’s list for next round of GT allocations and I’ll be paying MSRP. Already have several Porsches, including two GT cars, and no big rush to replace them - I can wait, and will.

rusmani

Also you have the reading comprehension of a pothole. I do not own a GT3. I did not pay ADM for a GT3. I have no incentive for GT3 prices to be above MSRP. I benefit zero from the current situation. ZERO. Please take note of that. And as I said before, keep my name out of your first grade level comments.

Maverick787

🍿😂

Maverick787

🍿😂