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Old 02-09-2023, 07:42 PM
  #4846  
DodoBrd
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Originally Posted by usctrojanGT3
Comparing selling homes to selling watches and cars is comparing apples to oranges. There's no "manufacturer" and "dealers" in the real estate market that control a material supply (yes you have home builders but they have to compete against resale inventory) like there is with watches and cars. Also, a home is primarily considered to be a necessity that is a commodity (you have to live somewhere unless you want to live in the woods or in a box under the freeway) where luxury cars and watches are luxury goods that are discretionary purchases.
dude, 98% of everything people buy are luxury goods. Outside of your core utilities, a very basic place for shelter, and simple groceries everything is more than a ‘necessity’.
Old 02-09-2023, 07:43 PM
  #4847  
DodoBrd
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Originally Posted by Manifold
Authorized dealers are middle men, and I don't see anything anti-capitalist with the manufacturer setting the price (or price range) at which the dealer is allowed to sell the car for, if they want to remain an authorized dealer. This is the case with many brands of many kinds of products.

For example, I've bought six figures worth of music gear over the past couple years, and there was an explosion in demand for this gear because of the pandemic. Because of the high demand and issues with supply chains, for some things I had to put in an order and wait over a year to get it. There was never any ADM on any of this gear, possibly because there was too much competition to allow it, or maybe the manufacturers didn't allow it. For some brands, zero discount was allowed, you had to pay MSRP, no matter how loyal a customer you are. For other brands, substantial discounts below MSRP were allowed, and I've generally gotten the max discounts without having to haggle because I've been a volume buyer.
in most instances, anything that disrupts the natural free market and what people are freely willing to pay isn’t really a good thing is it?
Old 02-09-2023, 07:57 PM
  #4848  
usctrojanGT3
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Originally Posted by DodoBrd
Some may be owned by a large corporate but they operate as a small business. It’s like being a RE agent for Remax but operating in your small / defined region. And only 1 of the 4 around me is Autonation, 2 are regional players Park Place and Avondale, and the other is a smaller local player.

Regardless, whether you are small, medium, or large… a business should be able to decide how to operate its business.
So why don't Rolex dealers tell that to Rolex and Ferrari dealers tell that to Ferrari? Last I checked, if they don't follow the rules they lose their dealer license.
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Old 02-09-2023, 08:11 PM
  #4849  
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Originally Posted by usctrojanGT3
So why don't Rolex dealers tell that to Rolex and Ferrari dealers tell that to Ferrari? Last I checked, if they don't follow the rules they lose their dealer license.
if you own RACE, you should be asking
Old 02-11-2023, 02:38 AM
  #4850  
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Originally Posted by ipse dixit
Said this before, but the flip side to controlled pricing -- i.e., mandating MSRP to MRRP (or Manufacturer Required Retail Price) -- would mean you'd have to buy a turd like a base Cayenne or Cayman, or base Panamera at MSRP.

No thank you.
lol in a place with a lot of long time buyers like CA, even that wouldn’t get you anywhere. VIPs are spending closer to $1M a year. You’re not going to move up the list for a coveted GT car buying a single Cayenne. Buy a couple cars a year for 10 years is more like it. Ferrari land, new buyers aren’t getting limited editions. The end. Somebody has to drop down the list for you to move up. The adm system is way better than that.
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Old 02-12-2023, 05:36 PM
  #4851  
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Another Bring a trailer auction just ended at $40K over for a 6-speed. I have heard of a couple of cars with PDK + Wing go for less than $30K over as well in the past 30 days. This pricing seems in line with what we have seen this year, but seems to be slowly softening.

https://bringatrailer.com/listing/20...he-911-gt3-28/

Another from last week with PDK that sold for $40K over.

https://bringatrailer.com/listing/20...t3-touring-20/

Last edited by WCGhost; 02-12-2023 at 05:39 PM.
Old 02-12-2023, 05:41 PM
  #4852  
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Even speciale didnt meet reserve. Market overshoot and correcting.
Old 02-12-2023, 06:49 PM
  #4853  
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Originally Posted by WCGhost
Another Bring a trailer auction just ended at $40K over for a 6-speed. I have heard of a couple of cars with PDK + Wing go for less than $30K over as well in the past 30 days. This pricing seems in line with what we have seen this year, but seems to be slowly softening.

https://bringatrailer.com/listing/20...he-911-gt3-28/

Another from last week with PDK that sold for $40K over.

https://bringatrailer.com/listing/20...t3-touring-20/
with BAT fee, buyer really paid $45k over for each
Old 02-12-2023, 09:43 PM
  #4854  
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Staring to get interesting to me, and I imagine others like me who like the 992 GT3 but are not willing to bend over for it. All cars are falling, but for many buyers, it is not a comparison of one car vs a different car, but whether to add a car. I'm still not there yet on the GT3, and suspect that by the time the prices fall to where I would buy, that something else will present itself that I want more. Hence, perhaps no 992 GT3 for me. We'll see.

Last edited by 993TurboS; 02-13-2023 at 12:02 AM.
Old 02-13-2023, 12:33 AM
  #4855  
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That result for the six speed car was fair to both buyer and seller. Quite clear prices aren't collapsing, we're moving slowly lower, like 1-2% a month here, so it's actually quite hard to see when it'll bottom.
Old 02-13-2023, 02:07 AM
  #4856  
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Originally Posted by Ascend
Even speciale didnt meet reserve. Market overshoot and correcting.
Which one? Maybe I should start working Speciales and Pistas a little closer on BAT.
Old 02-13-2023, 03:57 AM
  #4857  
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Originally Posted by Manifold
So the options for distributing GT car allocations are:

- Guys who buy one very expensive Porsche (VIPs) are always at the front of the line to get GT cars at MSRP, and they can flip after holding them for a little while

- They go to the highest bidders (and the dealers keep the extra profit)

- They go to repeat customers at MSRP (so you can't have one if you're not a repeat customer)

- They're distributed at MSRP according to a lottery system (so it's a matter of luck, and your chances go down as more people join the lottery); could modify this with a rule like 'no one gets a GT car allocation more often than every X years', and you never get an allocation again if you flip the car within X years

I think that each of these options would make a lot of people unhappy, but I think the last option would be perceived by most people as the 'fairest'.
This.
Old 02-13-2023, 09:22 AM
  #4858  
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Interesting. After 2022 decreases in used car prices, January saw increases

https://www.caranddriver.com/news/a4...-january-2023/
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Old 02-13-2023, 09:28 AM
  #4859  
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Originally Posted by 993TurboS
Staring to get interesting to me, and I imagine others like me who like the 992 GT3 but are not willing to bend over for it. All cars are falling, but for many buyers, it is not a comparison of one car vs a different car, but whether to add a car. I'm still not there yet on the GT3, and suspect that by the time the prices fall to where I would buy, that something else will present itself that I want more. Hence, perhaps no 992 GT3 for me. We'll see.
I see people say this a lot but I fail to see much evidence, especially anecdotal evidence. I know quite a few GT owners and most just have the GT3 and a couple nice dailys. A few have an old muscle car or something strange but not much more. I only know 1 or 2 guys with a garage full of toys. So I think the GT3 as an only sports car is the rule and the fleet of sports cars is the exception.
Old 02-13-2023, 09:44 AM
  #4860  
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Originally Posted by usctrojanGT3
Which one? Maybe I should start working Speciales and Pistas a little closer on BAT.
Silver one with 1k miles


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