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No, he’s right. Supply may be fixed, but demand is strongly a function of price. Plenty of 992 GT3s have been sitting unsold for a long time because the asking price is too high - zero demand at the asking price.
There were over 150 GT3’s on cars.com 3 months ago. Now 90. They are selling
And you still havent gotten a GT3RS allocation.
lol
I didn't get the first GT3 or GT4RS allocations but ended up getting both. I may or may not get an MSRP GT3RS allocation but my big want was the GT4RS so I'm happy. Get ready for some delicious BBQ pictures from Corkscrew BBQ tomorrow Diablo.
There were over 150 GT3’s on cars.com 3 months ago. Now 90. They are selling
Autotrader is a better website to look at. At its height, there were around 175-ish GT3s listed on Autotrader. Today, there's somewhere around 117. Yes, cars are selling, but generally, that's when sellers agree to lower their asking prices. Some sellers realize that they need to turn inventory, so the lower priced cars, which typically have also been "Price Reduced", have moved. Otherwise, the standard specced cars are sitting for months if the asking price is too high. They will move when the seller agrees to a lower price that reflects market realities, including macroeconomic conditions. Just look at Bring a Trailer. Other than a touring that has PTS or some other desirable features, which still go for a healthy premium, the standard specced cars are going for a lot lower than they did a year ago. Today, a decently specced wing went for $17k + BAT fee over MSRP. It's not going to get any better as we get later into the year. The credit crunch and its related effects are for real. Plus, Porsche has basically said it's going to continue pumping out 911s, which presumably includes GT3s, so there will continue to be more GT3s being made.
Autotrader is a better website to look at. At its height, there were around 175-ish GT3s listed on Autotrader. Today, there's somewhere around 117. Yes, cars are selling, but generally, that's when sellers agree to lower their asking prices. Some sellers realize that they need to turn inventory, so the lower priced cars, which typically have also been "Price Reduced", have moved. Otherwise, the standard specced cars are sitting for months if the asking price is too high. They will move when the seller agrees to a lower price that reflects market realities, including macroeconomic conditions. Just look at Bring a Trailer. Other than a touring that has PTS or some other desirable features, which still go for a healthy premium, the standard specced cars are going for a lot lower than they did a year ago. Today, a decently specced wing went for $17k + BAT fee over MSRP. It's not going to get any better as we get later into the year. The credit crunch and its related effects are for real. Plus, Porsche has basically said it's going to continue pumping out 911s, which presumably includes GT3s, so there will continue to be more GT3s being made.
I think a lot of those 2022s at 30-40 over are looking pretty good now the MSRP is up 20
I called up an independent non-Porsche dealer on a potential trade and long story short, he told me he knew I got my car at msrp. I asked how he knew, and he went on to say he (and every dealer) are able to see what people paid via registration.
is this for real or blowing smoke?
deal didn’t go through. should what someone paid for an asset dictate a higher or lower price than the market? Weird