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Old 03-27-2023, 12:20 PM
  #5386  
Manifold
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Originally Posted by chance6
OK, I’ll rephrase. People want unrealistically high prices to sell cars back (in the dealers eyes) possibly because they paid unrealistic amounts to acquire the cars. That’s my point. However since the market is constantly changing, it’s somewhat apples / oranges unfortunately. And super ironic.
Dealers probably know the market best, and don't want to lose money selling used cars, so I suspect that people trying to sell cars to dealers will need to drop their asking prices. My dealer told me that some people have brought cars to the dealer multiple times for appraisal.
Old 03-27-2023, 05:07 PM
  #5387  
eddiev
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I just got word on my configurable allocation at $50k over....... I guess that's a reasonable price, yikes.
Old 03-27-2023, 05:21 PM
  #5388  
RossP
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Originally Posted by eddiev
I just got word on my configurable allocation at $50k over....... I guess that's a reasonable price, yikes.
If I got offered that as recently as December I would have taken it. Now.....probably not.
Old 03-27-2023, 05:25 PM
  #5389  
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Originally Posted by eddiev
I just got word on my configurable allocation at $50k over....... I guess that's a reasonable price, yikes.
for a touring or wing? the no PTS option and the market changing pretty quickly but countered by the issue that there most likely won’t be any 2024s makes it even more difficult to say what fair value is…
Old 03-27-2023, 05:56 PM
  #5390  
Shayan30
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All I've been offered is 75-100K. I would take that if offered right now.
There are very few allocations remaining and if price increase rumors are true along with end of GT3 production until 992.2 (2025), then 50K is a no brainer in the current market if you want one.
Old 03-27-2023, 06:14 PM
  #5391  
DodoBrd
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Originally Posted by Shayan30
All I've been offered is 75-100K. I would take that if offered right now.
There are very few allocations remaining and if price increase rumors are true along with end of GT3 production until 992.2 (2025), then 50K is a no brainer in the current market if you want one.
At this rate, the 992.2 GT3 MSRP will be ~$200k
Old 03-27-2023, 06:38 PM
  #5392  
cosmos
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Originally Posted by DodoBrd
At this rate, the 992.2 GT3 MSRP will be ~$200k
Very much expect it to base at around $200k
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Old 03-27-2023, 08:57 PM
  #5393  
usctrojanGT3
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Originally Posted by cosmos
Very much expect it to base at around $200k
I don't think it'll be that high, my guess it'll be $180-$185k
Old 03-27-2023, 09:59 PM
  #5394  
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Originally Posted by poofyo101
what part wasn't accurate?
Stated there were only Touring's - there were winged cars released as well.
Old 03-28-2023, 01:14 AM
  #5395  
chance6
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Originally Posted by RossP
If I got offered that as recently as December I would have taken it. Now.....probably not.
It might get interesting in the next few months on these GT3 prices if we hit a recession, and panic increases. That ADM might be headed down by quite a bit.
Old 03-28-2023, 01:48 AM
  #5396  
AlexCeres
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Maybe. But the market’s already dropped 10% from its peak, and every time it tries to go slower it gets clawed back. It’s not remotely clear the interest rate hikes will exceed what the market has already priced in as the Fed starts to slow down how many banks explode. And a recession ? Maybe. But no indication it will be long or particularly severe as it’s basically entirely artificially engineered by the Fed. Demand and employment remain strong.

The future is hard to predict, but the doom and gloomers have never explained how bad a recession would be when demand is enormous and employment is at record levels. It’s like the underpants gnomes for despair. Step 3: catastrophe!

I stand by my assessment from the beginning of this thread. Actually rich people will weather the current and near future chaos comfortably. Either profits stay high, or interest rates get cut. It’s win win. You’re not moving up the list at your dealer by being on the side lines
Old 03-28-2023, 01:55 AM
  #5397  
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TL;DR for the GT market, a recession isn’t enough. It doesn’t matter. You need to change the spending habits of much richer people. And as long as folks think a recession will be short and money cheap again why would they change their spending ?
Old 03-28-2023, 09:18 AM
  #5398  
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Originally Posted by av12345
for a touring or wing? the no PTS option and the market changing pretty quickly but countered by the issue that there most likely won’t be any 2024s makes it even more difficult to say what fair value is…
Winged car, 45k over, July delivery. SA is claiming there is a 12k Porsche watch included.
Old 03-28-2023, 10:19 AM
  #5399  
Manifold
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There was a big drop in US sales volumes of Porsches during the financial meltdown which started in 2008. The 2007 sales volume was not reached again until 2012. If we have a serious recession in the next year or so, I expect that demand for these cars will come down a lot, and therefore ADM will come down a lot also, maybe to zero or less.

https://press.porsche.com/prod/press...s?OpenDocument

Also, most of the growth of Porsche annual sales volume over the past 20 years has been due to the Cayenne, Panamera, Macan, and Taycan. Porsche has gradually turned into a company that primarily makes SUVs and sedans, and also happens to make some rear-engine and mid-engine sports cars.

https://www.stuttcars.com/porsche-sa...ction-numbers/
Old 03-28-2023, 10:22 AM
  #5400  
rodsky
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Originally Posted by chance6
It might get interesting in the next few months on these GT3 prices if we hit a recession, and panic increases. That ADM might be headed down by quite a bit.
After 5,000 posts in this thread - this is the first time anyone has said this

Originally Posted by eddiev
Winged car, 45k over, July delivery. SA is claiming there is a 12k Porsche watch included.
So $43K over? Configurable? In this market that's not bad.


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