A place to discuss all things ADM
#4471
Burning Brakes
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as the 991.1 GT3s get closer to their extended engine warranty expiring, I expect the values to be below the 996 GT3s. Nobody wants to be stuck with an engine blowing out of warranty
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RUF RS (01-19-2023)
#4472
Race Car
#4473
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I meant cars you can also drive to/from the track, not track-only.
Worst case scenario is you pay for a new engine, which is still a lot cheaper than paying a huge premium to get a 992 GT3, for which the warranty is only 4 years and it’s engine could also blow after the warranty expires. And for the 991.1 GT3, given the history and reputational considerations, Porsche may cover engine replacements under warranty even after the 10-year warranty officially expires.
#4474
Burning Brakes
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Worst case scenario is you pay for a new engine, which is still a lot cheaper than paying a huge premium to get a 992 GT3, for which the warranty is only 4 years and it’s engine could also blow after the warranty expires. And for the 991.1 GT3, given the history and reputational considerations, Porsche may cover engine replacements under warranty even after the 10-year warranty officially expires.
a blown engine is a pretty bad worst case scenario. What is that? $25k and a lot of time without your car? And then, resale tanks because ‘blown engine’… actual worst case is the engine catches fire and someone gets seriously injured or dies. ticking time bomb really
your argument about the 992 engine blowing is so elementary. Let’s call a spade a spade shall we?
991.1 engine blowing is already a hot topic… https://rennlist.com/forums/991-gt3-gt3rs-gt2rs-and-911r/1278361-991-1-gt3-value-after-the-10yr-engine-warranty-ends.html
where are the threads about the 992 engines blowing? These engines were introduced in 2018 on the 991.2 if you didn’t know
Last edited by DodoBrd; 01-19-2023 at 01:40 PM.
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Diablo Dude (01-19-2023)
#4475
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The choice not to pay a ridiculous adm always comes down to “can’t afford to buy new cars” How presumptuous are we. Do you know personally finance situation of a random stranger on the internet that wants a car at MSRP?
Some here will not pay adm period. Others have a window perhaps 25k or little more and I’m in this camp and others well don’t care and 100k all day adm galore. To some and perhaps this is hard to understand but it’s not always about the money. sort of a principled thing. If adm is no issue for all in the 50- 100k crowd that don’t care then why not wire said funds to your local dealer as a token appreciation of the good service they provide since it’s just another zero right. How many would actually do that? This thread is a train wreck but I enjoy it![Big Grin](https://rennlist.com/forums/images/smilies/biggrin.gif)
Some here will not pay adm period. Others have a window perhaps 25k or little more and I’m in this camp and others well don’t care and 100k all day adm galore. To some and perhaps this is hard to understand but it’s not always about the money. sort of a principled thing. If adm is no issue for all in the 50- 100k crowd that don’t care then why not wire said funds to your local dealer as a token appreciation of the good service they provide since it’s just another zero right. How many would actually do that? This thread is a train wreck but I enjoy it
![Big Grin](https://rennlist.com/forums/images/smilies/biggrin.gif)
The adm whining completely ignores supply and demand imbalances. The actual market value of these cars is, currently, above MSRP.
and the fact that you need to claim a $100k gratuity is exactly the same thing as $100k market adjustment and recouping 50-75% on resale is just another example of how deeply unserious you are. Dealers are charging adm because the market is paying. Full stop.
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Diablo Dude (01-19-2023)
#4476
Rennlist Member
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This, and the 996 GT3 is WAY more fun to drive on the street and on the track, AND has a level of collectibility to boot. Oh, of course you have to be able to drive stick...but is that another caveat?
#4477
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I’ve realized you are the type that has to be right ‘in your head’. You’d argue the world is flat even if someone presented all the evidence to show contrary.
a blown engine is a pretty bad worst case scenario. What is that? $25k and a lot of time without your car? And then, resale tanks because ‘blown engine’… actual worst case is the engine catches fire and someone gets seriously injured or dies. ticking time bomb really
your argument about the 992 engine blowing is so elementary. Let’s call a spade a spade shall we?
991.1 engine blowing is already a hot topic… https://rennlist.com/forums/991-gt3-...anty-ends.html
where are the threads about the 992 engines blowing? These engines were introduced in 2018 on the 991.2 if you didn’t know
a blown engine is a pretty bad worst case scenario. What is that? $25k and a lot of time without your car? And then, resale tanks because ‘blown engine’… actual worst case is the engine catches fire and someone gets seriously injured or dies. ticking time bomb really
your argument about the 992 engine blowing is so elementary. Let’s call a spade a spade shall we?
991.1 engine blowing is already a hot topic… https://rennlist.com/forums/991-gt3-...anty-ends.html
where are the threads about the 992 engines blowing? These engines were introduced in 2018 on the 991.2 if you didn’t know
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#4478
Burning Brakes
#4479
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Why are people so surprised when someone says a GT3 isn't worth more than 200k? I'm not sure that's my number, but it's close. Jeez, 200k is a lot of money, and more than the MSRP, so I'm not sure why that's not a compliment. The MSRP for a GT3 is less than 170k, so logically unless one says that it's worth less than that, then one still wants the car. I've been interested in a GT3 since 2003, so the want is strong, but I'm not going to go crazy and ignore any baseline for price. In 2003, you could get one without too much trouble for 99K. Along the way from 2003 until now you could often get GT3s for 120k, 135k, 145k, 160k etc., when new. Now all of a sudden you put out a number of 200k, and that means you don't want the car? It's downright ahistorical! ![ooops](https://rennlist.com/forums/graemlins/icon501.gif)
![ooops](https://rennlist.com/forums/graemlins/icon501.gif)
![bigbye](https://rennlist.com/forums/graemlins/xyxwave.gif)
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Manifold (01-19-2023)
#4480
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Why are people so surprised when someone says a GT3 isn't worth more than 200k? I'm not sure that's my number, but it's close. Jeez, 200k is a lot of money, and more than the MSRP, so I'm not sure why that's not a compliment. The MSRP for a GT3 is less than 170k, so logically unless one says that it's worth less than that, then one still wants the car. I've been interested in a GT3 since 2003, so the want is strong, but I'm not going to go crazy and ignore any baseline for price. In 2003, you could get one without too much trouble for 99K. Along the way from 2003 until now you could often get GT3s for 120k, 135k, 145k, 160k etc., when new. Now all of a sudden you put out a number of 200k, and that means you don't want the car? It's downright ahistorical! ![ooops](https://rennlist.com/forums/graemlins/icon501.gif)
![bigbye](https://rennlist.com/forums/graemlins/xyxwave.gif)
![ooops](https://rennlist.com/forums/graemlins/icon501.gif)
![bigbye](https://rennlist.com/forums/graemlins/xyxwave.gif)
when the tire kickers on here say a gt3 isn’t worth >$200k to them, what they are really saying is they like wasting their time because it’s going to be awhile for any decent spec to get to $200k
Last edited by WenigerAberBeser; 01-19-2023 at 02:54 PM.
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#4481
Race Car
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uhh… $100k in 2003 is $160k in 2022… so I don’t get your point other than to say inflation exists
when the tire kickers on here say a gt3 isn’t worth >$200k to them, what they are really saying is they like wasting their time because it’s going to be awhile for any decent spec to get to $200k
when the tire kickers on here say a gt3 isn’t worth >$200k to them, what they are really saying is they like wasting their time because it’s going to be awhile for any decent spec to get to $200k
The post yesterday from Manifold really was icing on the tire-kicking cake.
The guy literally said that he takes into consideration the PROFIT MARGIN that Porsche and its dealers make when spec'ing a GT3 and its options.
It's like walking into a great restaurant and passing on some of the main entrees.... because you feel the owner is making too much money.
What a tortured life this guy must live.
#4482
Race Car
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That's why I tell people who repeatedly complain about living here that maybe they're better off moving to another state.
Not everyone can afford to live here.
By the way, my 981 GT4 was $112,000 and nearly double what I paid for my C2 new back in 1990.
But $60,000 out the door in 1990 is now $141,757 in 2023 due to inflation.
This should be obvious.
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AlexCeres (01-19-2023)
#4483
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#4484
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#4485
Rennlist Member
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you have no plan or path to successfully acquire a new gt3 product. You’re out of the game. And this behavior will keep you on the sidelines for the 992.2 too. I’m glad it’s for your principles and not because you can’t afford it. The advice to others trying to get allocations while these cars are still actually being produced is useless and awful.
The adm whining completely ignores supply and demand imbalances. The actual market value of these cars is, currently, above MSRP.
and the fact that you need to claim a $100k gratuity is exactly the same thing as $100k market adjustment and recouping 50-75% on resale is just another example of how deeply unserious you are. Dealers are charging adm because the market is paying. Full stop.
The adm whining completely ignores supply and demand imbalances. The actual market value of these cars is, currently, above MSRP.
and the fact that you need to claim a $100k gratuity is exactly the same thing as $100k market adjustment and recouping 50-75% on resale is just another example of how deeply unserious you are. Dealers are charging adm because the market is paying. Full stop.
I see your point about missing out on a car if you don't pay market ADM right now but you assume that the individual 1. does not have other cars that they have access to 2. they live and breathe everything gt3 so they would be missing out and 3. They don't have other ways to burn 100k that will give them just as much satisfaction or returns much better than 50-75% on resale of gt3
I tried to show you another side when you generalized non adm people cannot afford the car which is bullocks since you don't know that. Try to understand from perspective of someone that will not pay the crazy adm they may see giving dealer 100k for ADM also a gratuity just as you will not give dealer 100k for nothing. Oh well.. at least i tried
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