Manifold

Easy to get on a list and then say No when an allocation is offered.

CornWood

Was offered around 115k on my GT4 as a trade in, and offered a GT4RS used @ 230k and a GT3 used @ 280k. These prices are ridiculous. Just my .02

PorscheLover1963

what was the MSRP of the 4RS? $180k?

CornWood

approx, 185ish. It was a Weissach car. 1050 miles.

ASuh

Been ADM shopping for a CGTS in the Los Angeles area. Been quoted between $15k-30k. Just curious to see what other buyers are experiencing.

Diablo Dude

Still no Recession.

Manhattan_trout

Lagging , yes there is no recession. But look at the projected gdp growth rates - falling off a cliff. Lots of quiet layoffs, Mercedes today talked about brutal EV pricing environment and having to do big discounts.

May take a few quarters until a big slowdown happens, but q4 is already looking like a marked deceleration from Q3.

Luxury is last to get impacted - I.e., Hermes, Ferrari, Porsche GT lol. Look at 2001/02 or even 09/10 environments.

DodoBrd

especially since no one in the government knows how to define a recession

Diablo Dude

A recession is defined by 8 economists that are on the Business Cycle Dating Committee, which is under the umbrella of the National Burreau of Research
(NBER), a private nonprofit ogranization.

DodoBrd

great… deliberately vague ‘experts’ with no real metrics, no thanks I will think for myself

Larson E. Rapp

"Recession": Your neighbor is broke.
"Depression": You are broke.

And it's easy to time the market bottom... it will happen when you are out of ammo.

Diablo Dude

Not vague.
The committee members are all named and the methodology is pretty clear.

Business Cycle Dating | NBER

AlexCeres

+4.9% growth isn’t a recession

DodoBrd

It’s open to interpretation, meaning whatever they feel like, meaning pretty damn vague.

Diablo Dude

Cool story.

US Business Cycle Expansions and Contractions | NBER