ipse dixit

Canadian cars are not a good proxy for the US market.

usctrojanGT3

I think you could get an allocation for $100k over today without much trouble.

Shogunade

With trouble, how much lower ADM could one get?

WCGhost

I agree, which is why I highlighted that part. Not everyone on here is from the US.

One thing to note, there have been several Youtubers lately that have pointed to data supporting either prices falling or stabilizing. Doug Demuro pointed to them falling, and he is using actual auction data as he has a team of people who evaluate pricing and reserves for Cars & Bids which he founded. Then there are other guys like Harold from Four Wheel Trader on youtube which many of his videos are posted here. The thing to note about his videos, is he is using listed prices of cars, and shows them having stabilized. i think Doug's method of using actual auction closings and sale prices is far more relevant than what cars may be listed at, especially given the speculative nature of the GT car market with people listing cars all over the place (Doug has also built a $100M+ online auto auction platform vs. Harald appears to be in a basement). There are GT cars that have been listed for 485 days, with 23 miles on them. This is a discussion based on actual data the last few months, not speculation on prices going forward.

Harald:
vs.

Dougs:

usctrojanGT3

At this point....maybe around $75k +/-

WenigerAberBeser

Market prices for the GT3 have definitely lowered 10-20% but again this is a 2 year old car, the RS is out meaning more supply on trade ins, and we are entering winter. Used Cars still going for $25-50k over which is pretty crazy if you ask me.

WernerE

Everything is for sale at the right price, including the franchise itself. The dealer principal will throw in the expresso machine w/careful negotiating

wageslave

Given the softening in the used market, what’s an appropriate allocation ADM now? There only seems to be one more build window (April) for GT3 as well as those finishing up now (Nov/Dec).

pitt911

within the past 2 months
I got offered GT3 for 30 k above
GT3RS for 75 k above
I declined both

mnawa

wow, what region?

usctrojanGT3

The days of GT3RS ADMs at $150k-200k are just about over. Upon the next allocation release, that ADM will be around $50k.

jjw285

if you find an RS for 50 over, please PM me.

I don’t think you’re right, but I’d love to be wrong.

jwhhjr

I'm guessing the $75K ADM for the 3RS is specific to you (a discount in a sense). I wish I was offered one at that range.

usctrojanGT3

I'm positive there are no allocations for $50k over today unless you are a repeat customer and/or have a trade in. Getting one at $100k over shouldn't be hard today and anything lower will be tough.

Targa32

The Fed banks are run by guys from Wall Street which is typically manned by oddly liberal Ivy League guys that support the Democrats and mostly the status quo.

there really was not a compelling reason to jump the interest rates - the economy had severe supply issues and as production of “stuff” and services improved and employee age citizens ran out of free funny money/ they would and have gone back to work. Inflation would have fallen as “stuff” became more readily available.

But the Fed bank is like most big government agencies on keeping big government ever bigger and having more control and just like the department of -called Justice department and our fearless defenders in the CIA and the FBI - and even our top echelon military - officers - they like big government and deficit spending.

so the Fed raises interest rates this year? Why? Simple so they can drop the rates going into the November election - of course. They could not drop them when rates on homes were less than 2% and cars around 3%.

lowering rates from the end of the first quarter will spur the stock market to new highs, and with this new wealth the ability to buy cars and remodel and such grows. Lots of home owners with 3% mortgages are not listing their homes even though they want to move up to a better home - but not at 8% mortgage rates - the demand for homes will increase at lower mortgage rates and prices will likely rise to bring more homes onto the market.
Voters will be “happier” and business momentum will improve and voters will hear the saga that now, as the economy is getting better and the stock market is getting better and prices for many products are now falling - is electing a fire brand and bomb throwing guy the best idea?

I am a Trump voter more than likely - but the truth is the decking interest rates and falling inflation and strong employment could make a dementia patient who won’t rock the boat more attractive.

Rates will be down and in a decline heading into the November election….

Most importantly - demand for Porsche sports cars should stay strong and likely improve by the summer of 2024.

plus Porsche is almost surely going to increase prices on the new models for 2025 cars with Corvette pricing the Z06 at $160,000 and the coming ZR1 at around $200,000 - S 911’s. GTS 911’s, are going to push over $200,000 with options and the GT3 will move over $200,000 base cost and closer to $240,000 with options. Also Ferrari 296is $400,000 so they need to move up above Corvette and they have room to increase prices below Ferrari.

I would like to watch Trump tear into the government employees - but he will have a lot of trouble keeping his current lead as interest rates decline.

If you can buy a Porsche sports car at msrp these days - or an ADM of below 9or around $25,000 on a GT car ( 911) -and are a cash buyer this recent price softness is an opportunity.

This is my story and I am sticking too it!

I have managed stock portfolios for the last 47 years — and this is been done before— using interest rates to impact Presidential elections. If the Fed had not raised interest rates the inflation rate would have fallen anyway.