Diablo Dude

Excellent point.

JAB12

Unsolicited $0.02 here: I have a few local friends and acquaintances that have been on the 'wait til they drop to msrp train' first on the allocation hunt a few years ago and later predicting doom and gloom of the economy, recession etc. to ****** that coveted NA 992 GT car at msrp to then go brag about it. All this while providing scathing reviews of those who dare pay ADM and feed the infamous beast of capitalism. Fast fwd to today, and most if not all have come to the realization that msrp (and ADM) allocations are gone and that the secondary sale examples are not coming down to msrp ever! so now they are cutting their (time) losses and buying some of the pre owned cars that are within the $35-$50/$60K over sticker out there. They don't volunteer they are into that, but its so funny to see the sudden appearance of new (pre owned) GT3 cars within the local cars and coffee community and other car events, with some of these folks behind the wheel, while not realizing that for a lot of us this is yesterday's news already. The whole thing is just hilarious.

Manifold

Unless we're filthy rich and truly don't care about how we spend money (a good recipe to become no longer filthy rich!), I think the reality is that most of us do care about costs and depreciation, and like the idea of getting good deals, owning and using things for free, etc. I personally know some quite wealthy people, and all of them care about how they spend their money (a few of them to great excess). I also know a lot of middle-class people who have little or no savings because they have a 'live and spend now' mentality with no regard for budgeting, saving, and investing. It's not a coincidence that we have a lot of money-related discussions throughout this Porsche forum, and I think there's nothing wrong with that.

All of that said, I've never hesitated to put miles on my cars and track them, because I won't buy a car unless I intend to drive it as much as I want to. I tracked three quarter million dollar cars this season, and while that was a new experience for me, I just said to myself "well, this is what I bought them for, and I'm having fun, and I know I can afford to track them" and then I just put the costs and likely depreciation out of my mind. So my approach is to carefully consider the financial aspects before buying a car and be sure I can afford the car assuming that I'm going to drive it without restriction, but once I've bought it, I don't think about the financial aspects anymore, because that would undermine the enjoyment of driving the cars.

Diablo Dude

I couldn't care any less about depreciation on my GT3 Touring.
Honestly, it doesn't even enter into my mindset. Besides, I tend to own my cars for 5 years or more.

That's why I find all of these "value" threads to be a waste of time.
The only thing that I find entertaining is how many (educated) people have been repeatedly wrong about the economy,
the financial markets, and new GT cars priced back at MSRP as we head into 2024.

But hey, it's the internet.

Manifold

Is it consistent to care about what we pay for a car, but not care about depreciation? I think not.

https://en.wikipedia.org/wiki/Mental_accounting

Part of the reason I bought a used McLaren is because I didn't want to take the big depreciation hit of a new one.

Part of the reason I bought a CPO 992 TTS is because it will have less depreciation than a brand new one.

Part of the reason I track Porsches, especially GT cars, is because they tend to not depreciate as much as other cars.

Part of the reason I bought a CPO 991.2 3RS at more than the original MSRP (but less than inflated MSRP) is because I think it will tend to hold value since it's a very special car.

Part of the reason I bought a new 992 GT3 and new 4RS is because I could get them at MSRP, so I have some buffer against depreciation since the market values are currently higher than MSRP.

I'm not rich enough nor free-spending enough to not care about depreciation. But I won't avoid driving the cars to reduce depreciation, because the assumption that I'll drive the cars was built into my decision to buy the cars.

usctrojanGT3

I'd venture to say that most of the folks that pay over MSRP for their cars are not filthy rich but are upper middle class to comfortable.

welikethetrack

what’s most hilarious is the glut of over 150 992 gt3’s for sale, the factual drop in prices in the last 12 months, and best of all the Porsche employee that is in a better position than anyone here telling me a week ago prices in the u.s. are falling off a cliff next year

keep investing in gt3!!!! Or be priced out forever

your no 992 gt3 for sticker ever comment is going to age like milk

JAB12

Pule was once milk too. Enjoy the Holidays.

deVeil

Like this?

Oct 2023 was ... (checks notes)... last month.

Randy M

^^^^That dude is a total clown show^^^^

Jbravo23

30k under.

Diablo Dude

That post sure didn't age well.

Targa32

The question I never see discussed is for the GT3 or even the Turbo S -- is what differences are there mechanically from say the 2022 model year cars to 2024 model year cars? I don't see Porsche providing to many comments on any changes or improvements between the 992 model years. I know they upgraded the Software in the screen to provide connection to Google and Apple-- and the screen is more colorful, and the design is more fluid. But what about areas that really count-- like Engine fixes or improvements or suspension parts -- maybe made stronger? Porsche did add the ability to display a "track" focused screens to eliminate the complaint about the gauges not being visible through the steering wheel. But they must have found some parts that fail too often or some materials that wear better.

Should there be a difference in value then from a GT3 2022 with 1,000 miles compared to a 2024 with 1,000 miles-- same spec.?

There are new colors like Rubystar neo and arctic gray metallic -- do these colors then make a 2024 car worth more than say painting a 2024 in Guard's red?


You see today a lot of 2022 GT3's for sale -- but almost zero 2024 cars-- were more cars made in 2022 and now Porsche is reducing the number of GT3's being made?

Joe mac

The clown show is known for who and what he is here on RL.... a probable millenial who prides himself on the quantity of posts in a forum versus the quality of them; and, one who hangs onto every word of his own because he breathes only his own exhaust fumes thinking people actually care and take stock in his rhethoric.

GT3

Real men don’t think about connecting to Apple or google. We remember when GT3/RS were only manual and you could option for AC/Radio delete hahaha