When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Seems to me that Porsche thinks MSRP is the price at which the desired number of cars can sell in a weak economy. Used cars would presumably sell for a similar price or less.
I don’t think they’ll go down to pre pandemic levels. I think they’ll go much lower because depreciating assets with high interest rates, a struggling house market, increasing unemployment and low liquidity pretty much is going to annihilate Porsche values and values for all “collector” cars. But Porsche is probably in the biggest bubble of them all, people are treating this cars more like Pokémon cards than track toys
if you need the money probably a good time to sell your Rolexs and GT Porsches
‘There is always someone making dire predictions. Most are wrong and surprised when it does. Good luck.
I was told by someone very high up at Porsche yesterday and very much in the know…
”prices will fall off a cliff next year” Their exact words, not mine and speaking to GT/special Porsche 911’s (even ST) specifically
don’t shoot the messenger, the fact this person told me this surprised even myself…
Take that info as you want or think it’s blasphemy, don’t matter. I’ll enjoy my cars all next year no matter what they’re worth.
In my (many experiences) of selling at the WRONG time.....if you decide to sell on speculation or hearsay like this....you will probably be wrong, in the long run. And regret it.
Didn’t pay an ADM when purchasing GT3 but a GT3 consignment question.. dealer usually charges a flat fee to consign but with GT3 saying split all profits over MSRP. Anyone else seen this? There was a dealer specific document I signed when purchasing that said they got first dibs to resale but wonder if a split-profit fine print would be binding?
^ so you signed a document, probably written by an attorney and you are asking a bunch of people who many are not attorneys if a legal document you signed is valid and binding?
You aren't being clear with your question and there are a millions questions but I will keep it simple. if you are saying the fine print of your sale contract requires you to give them the right to sell it if you want to sell (query what the duration of this is in your contract), and the contract states they sell it and get half of everything above MSRP, of course it is binding. It is a legal document (again, basing this on your ambiguous message) between 2 sophisticated parties. I wouldn't have signed it becuase you have presumably spent money on the car since owning it which should be otherwise netted against the sales proceeds over MSRP....
The intent of my question was to pulse the group if similar documents are a common practice or if others had seen from Porsche dealerships.
Most dealers have told owners that if you got the car at MSRP, they expect you to trade it back to them at MSRP or no more future allocations if you resell it on your own.
I don’t think they’ll go down to pre pandemic levels. I think they’ll go much lower because depreciating assets with high interest rates, a struggling house market, increasing unemployment and low liquidity pretty much is going to annihilate Porsche values and values for all “collector” cars. But Porsche is probably in the biggest bubble of them all, people are treating this cars more like Pokémon cards than track toys
if you need the money probably a good time to sell your Rolexs and GT Porsches
I've seen your posts here and there for the last year or so and it's the same crap you trumpet in every post. When I had my 991.2 GT3 for sale you bagged on the price saying it won't go for what it ultimately did go for etc. For that alone you have zero credibility with me. If I listened to your sorry *** I'd have $25K less in my pocket.
@TargaGTS_VZ That’s the principle unwritten rule of getting GT cars at msrp. You trade it back at msrp or FMV if within the 18Mo window since delivery. If your dealer is offering to split the profits above msrp with you once it sells at a premium, then take it, that’s cherry on top!
One thing I can tell you is, this is not the forum to come and pose that inquiry as most
everyone with a GT3 car or other specialty Porsche currently in their garage knows what the deal is if they intend to continue to pursue and obtain further GT cars at msrp from their selling Porsche AD.
I've seen your posts here and there for the last year or so and it's the same crap you trumpet in every post. When I had my 991.2 GT3 for sale you bagged on the price saying it won't go for what it ultimately did go for etc. For that alone you have zero credibility with me. If I listened to your sorry *** I'd have $25K less in my pocket.
Randy, welike is kinda like that silly avatar of his....annoying to most everyone on RL, but has little else going on so he needs to make every attempt to rain on everyone's parade under the guise of it being objective intel and sentiment without concern for which way the market turns....
I got a good laugh out of the claim that 911 ST prices are also going to fall off a cliff. I don't most much anymore, but someone poke me when those are 10% off MSRP. Thanks.
11-12-2023, 06:09 PM
