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The majority of buyers of high-end luxury cars to exotics are not interest-rate sensitive, at least not to the extent of your Joe and Jane Smith working a middle class management job.
I read what people are paying for these GT cars and think tulip mania.
There is a realization among enthusiasts that sports cars are becoming quieter, heavier and more digital. The 992 (and 718) series of GT cars might be ‘peak Porsche’ for those wanting a modern car with a high revving normally aspirated engine.
The 718 is going electric. The 992.2 apparently will have an all digital dash and I wouldn’t be surprised if it uses a mild hybrid system. I believe other ADAS devices are being mandated and another drop in max sound levels is also coming. We can only speculate what the 994 (or whatever it’s called) will be or look like.
So, a limited supply of a soon to be extinct commodity. Values will of course soften over time but I think these cars will always be desirable and demand a premium over list price.
There is a realization among enthusiasts that sports cars are becoming quieter, heavier and more digital. The 992 (and 718) series of GT cars might be ‘peak Porsche’ for those wanting a modern car with a high revving normally aspirated engine.
The 718 is going electric. The 992.2 apparently will have an all digital dash and I wouldn’t be surprised if it uses a mild hybrid system. I believe other ADAS devices are being mandated and another drop in max sound levels is also coming. We can only speculate what the 994 (or whatever it’s called) will be or look like.
So, a limited supply of a soon to be extinct commodity. Values will of course soften over time but I think these cars will always be desirable and demand a premium over list price.
Generally true, but many would say the 992 is too big and too digital, and that the peak was the 991 or 997 or 996 or air cooled. Low miles examples of those cars can be found for much less than the market price of a 992 GT3.
I'm really enjoying just sitting back with capital parked safely in a few banks making a risk free 4-5%. I'm in my mid 40's and have never experienced so much stress free earning. I'm normally moving in and out of real estate after adding value while trying to position myself to avoid catching the falling knife. These past 6 months have been the most stress free of my life. It feels nearly uncouth to say such a thing during times like this. I want an new RS but I'm not willing to pay the current ADM's. I'm sitting on the sidelines and am fine for now as I love my .2 RS and will just continue to enjoy putting tires on it and changing the oil. It's SO much fun. In the mean time, if and when a deal does present itself I'll be waiting and ready to sign papers but there is something to be said about reduction of stress in life.
Cool, so I know my Touring will go for a higher price above sticker because I have the right seats and a better green color. I saw this car sitting at the dealer when I flew out to see my car last October.
very very special car. Personally not so fond of green on German, but boy is this an elegant car.
most people in sports car/exotic world can’t stay on the sidelines without something for too long. I unfortunately fit in this scenario. However, when I’m in LA, there seems to be a lot of guys renting an apartment with sports cars in the garage. When those leases expire, I don’t see them doubling down. On the other hand, I know of a guy who bought a new dawn at 100over and traded it in for 100 under msrp. That’s quite a haircut!
03-10-2023, 03:42 PM
