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Old 11-16-2021 | 04:57 PM
  #781  
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Folks that paid MSRP are happy to chime in. Folks that paid $100k are not going to share. Dealers are incentivized to exaggerate the market. The only public sale data are asking prices, not transaction prices. Net result is we'll have no real idea what the distribution of mark-ups is for a while.
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Old 11-16-2021 | 05:29 PM
  #782  
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Like children buying Beanie Babies….. 😂

Last edited by NYCGT3; 11-16-2021 at 06:14 PM.
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Old 11-16-2021 | 06:23 PM
  #783  
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Originally Posted by Yippiekiaye
I feel left out. Those of us that paid msrp are missing the party.
Sorry you're not part of the cool kids club. It's exclusive.
Old 11-16-2021 | 08:27 PM
  #784  
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I have yet to see anyone state publicly that they have paid $50k ADM or more. The most I have seen was 25k.

All this talk about time being precious and pay to play and wealthy members but not a single one of them will come and say they paid $75 or $125k ADM.

Its a bit hypocrisy.
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Old 11-16-2021 | 10:19 PM
  #785  
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It's not hypocrisy...The (great) majority of GT3 buyers aren't on Rennlist looking at ADM threads...we are a vocal, but ultimately small group of enthusiasts and do not represent the typical GT3 client (IMO). I have several friends / colleagues who will gladly pay "asking" for a new / used GT3, Speciale, 911R, Pista, and don't care about ADM, etc and believe that perusing these forums is a waste of time. They gladly pay what they believe to be "market" prices and then trade them in for the next iteration X years later- whether they make or lose money is of little consequence.

Instead of asking the forum to post their ADM's / purchase details, how about beemerbOy and other prospective GT3 buyers post their "specs"- ie Location / Timeline / Spec ie Touring vs Wingy / PTS vs standard color / Trade-in / Relationship to Dealer and the forum can post their opinions about expected ADM's (or PM the OP's)-

Last edited by Fang911; 11-16-2021 at 10:21 PM.
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Old 11-16-2021 | 10:20 PM
  #786  
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Originally Posted by 3-Pedals
I have yet to see anyone state publicly that they have paid $50k ADM or more. The most I have seen was 25k.

All this talk about time being precious and pay to play and wealthy members but not a single one of them will come and say they paid $75 or $125k ADM.

Its a bit hypocrisy.
If they did, the next 12 posts would be you are a dumb a$$ for spending your money like you want to.
Old 11-16-2021 | 11:03 PM
  #787  
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Originally Posted by Fang911
Riotous, so good 😄

OP, if you have read through any of the numerous ADM threads, its clear buyers are paying anywhere from MSRP to 100K over.

IMO, the frustrating aspect of these threads is the data points are not applicable to your / my / anyone else’s situation. Consider the following (all fabricated, but conceivable)-

1) mooty aka the godfather gets msrp deal with CA dealer which he has bought and traded in multiple GT cars to over the last 15 years who just received an unexpected “extra” allocation

2) CAlexio gets MSRP deal in Nebraska for a Feb ‘22 non-PTS winged slot with GT3RS pre-trade

3) chance6 paying $20K ADM for a Sept ‘22 PTS Touring build, no trade, deposit placed 1 yr ago, Georgia

4) the other 80-90% of GT3 buyers with 0-100K ADMs on custom spec vs already built / ideal vs poorly specced / trade vs no trade / NYC vs Iowa vs CA / previous vs no relationship with dealer / etc etc

Ultimately, you have to do your own legwork in your market. I don’t believe other’s experiences are particularly helpful-
AMEN



Old 11-17-2021 | 12:46 AM
  #788  
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Originally Posted by 3-Pedals
I have yet to see anyone state publicly that they have paid $50k ADM or more. The most I have seen was 25k.

All this talk about time being precious and pay to play and wealthy members but not a single one of them will come and say they paid $75 or $125k ADM.

Its a bit hypocrisy.
Several on RL have said they paid <$40K ADMs @ LA/SF dealers for early-spec GT3s and have already taken delivery
Reveals how weak was market in Spring (when they cut the deals) in world's wealthiest mkts, even for non-major/outright new customers
Those who blinked (and had no MSRP deals at any dealer) may have remorse for guessing wrong about how ADMs have moved in subsequent months, whatever: the nature of financial markets
But many w/IQ & $ who are new to (any) game can easily figure out which of their pals has an "in" at MSRP at major dealers and/or choose to have paid a trivial <$40K ADM to solve the silly issue, valuing the opportunity cost of their time vs chasing down (sketchy) dealers (what credible CA/major mkts dealer doesn't have a deep base of repeat MSRP customers?) vs not having car soon (opportunity cost of consumption of an obsoleting toy), etc....all while NDX is +25% ytd
Not clear why any of that crowd would be on RL complaining about "fairness", blah-blah....
Self-selection at its best....
Old 11-17-2021 | 12:48 AM
  #789  
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I haven’t read this whole thread, but I did pay $75k ADM for a Touring in the Bay Area. Not exactly stoked about it but it is what it is and I got a nice bit of change on selling my previous 992. I’ve had offers between $50k and $125k sent my way in the last two weeks for Touring. About half for winged.
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Old 11-17-2021 | 01:03 AM
  #790  
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Originally Posted by 3-Pedals
I have yet to see anyone state publicly that they have paid $50k ADM or more. The most I have seen was 25k.

All this talk about time being precious and pay to play and wealthy members but not a single one of them will come and say they paid $75 or $125k ADM.

Its a bit hypocrisy.
Why would anyone come on Rennlist and admit to shelling out a $50-100K ADM and have to deal with you (3-Pedals) telling them your story for the 17th time about how you paid $60K less than the previous owner whom you referred to as a MORON for your 991.2 GT3RS, and that patience would net anyone a MSRP build, blah blah blah.

Last edited by Fang911; 11-17-2021 at 01:16 AM.
Old 11-17-2021 | 01:31 AM
  #791  
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Literally everyone in here complaining about it being ANOTHER ADM thread, are the ones who are making it the same redundant thread, that is the irony of it all. What makes it another crappy ADM thread is that everyone keeps sticking their nose up at people who ask a legitimate question, or come back with something that is an attempt at sarcasm and humor, it wasn't that funny to begin with and is not funny now. How about don't post in an ADM thread unless you have useful info you are willing to share? The info is buried among a bunch of people complaining about people asking a question. I will contribute my info below, I have not purchased but to provide actual value in the post I will add;


LA Dealership Ask:
April: $30K
July:$50K
Nov:$60-70K

You can deduce what they are going for by looking at the history of their ask, if their ask went up they likely easily got what they were asking for on the previous car. I will also add that the response I get and body language of dealers being responsive tells me they think they will run out of customers paying $50K+ in the coming months. They wouldn't even ask to take my name down if that weren't the case.
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Old 11-17-2021 | 03:22 AM
  #792  
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Originally Posted by WCGhost
Literally everyone in here complaining about it being ANOTHER ADM thread, are the ones who are making it the same redundant thread, that is the irony of it all. What makes it another crappy ADM thread is that everyone keeps sticking their nose up at people who ask a legitimate question, or come back with something that is an attempt at sarcasm and humor, it wasn't that funny to begin with and is not funny now. How about don't post in an ADM thread unless you have useful info you are willing to share? The info is buried among a bunch of people complaining about people asking a question. I will contribute my info below, I have not purchased but to provide actual value in the post I will add;


LA Dealership Ask:
April: $30K
July:$50K
Nov:$60-70K

You can deduce what they are going for by looking at the history of their ask, if their ask went up they likely easily got what they were asking for on the previous car. I will also add that the response I get and body language of dealers being responsive tells me they think they will run out of customers paying $50K+ in the coming months. They wouldn't even ask to take my name down if that weren't the case.
My experience was for dealers outside of CA, I got numbers that were half that with the same scale over time.

March/April: 15k
May: 20-25k
July: 30k
Nov+: 40-50k

Not understanding how things worked, I passed on 15k and 20k early on while insisting on 10k as my max. My offers at 10k were never taken.

Once I understood the new rules of the game, I jumped in and caved. Made a quick decision on what it was worth to me to be able to enjoy the car a year earlier and more importantly eliminate the uncertainty and mental weight that comes with wondering if I was ever going to get an allocation or not. Was thinking about the car too much for months and there was a cost to that mental energy.

Location: New York
ADM: 30k (Summer 21)
Custom order or inventory: Custom Order

Good luck OP.

PS. I’m a first time GT car buyer. And from what I’ve learned from the wise heads here on RL, getting the first car and using that to roll into future allocations with your dealer and building future relationships is the ticket. Like many have said here, you pay ADM one way or another.


Last edited by michaeldorian; 11-17-2021 at 03:23 AM.
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Old 11-17-2021 | 03:42 AM
  #793  
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Originally Posted by michaeldorian
My experience was for dealers outside of CA, I got numbers that were half that with the same scale over time.

March/April: 15k
May: 20-25k
July: 30k
Nov+: 40-50k

Not understanding how things worked, I passed on 15k and 20k early on while insisting on 10k as my max. My offers at 10k were never taken.

Once I understood the new rules of the game, I jumped in and caved. Made a quick decision on what it was worth to me to be able to enjoy the car a year earlier and more importantly eliminate the uncertainty and mental weight that comes with wondering if I was ever going to get an allocation or not. Was thinking about the car too much for months and there was a cost to that mental energy.

Location: New York
ADM: 30k (Summer 21)
Custom order or inventory: Custom Order

Good luck OP.

PS. I’m a first time GT car buyer. And from what I’ve learned from the wise heads here on RL, getting the first car and using that to roll into future allocations with your dealer and building future relationships is the ticket. Like many have said here, you pay ADM one way or another.
Bingo, you nailed it with your last part. I got an MSRP Touring allocation from my dealer but I'm now 12 transaction (buy and sell) over the past 4 years in before the Touring allocation. That being said, the dealer made a nice profit on the GT3RS that I sold back to them recently which got me my MSRP allocation so there was small back end ADM which is fine with me because we both got what we wanted. That to me was well worth not having to worry about obtaining an MSRP allocation in the future for a GT car.
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Old 11-17-2021 | 06:17 AM
  #794  
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Paid zero markup.
Old 11-17-2021 | 06:04 PM
  #795  
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Originally Posted by mass27
I think it would be helpful to the group if you gave some private financial info about yourself. For example, how old you are (assume 23), your yearly income (assume > $400K), living situation (assume live with your parents, but have entered into a workshare program with them), and investments (assume $1M - $5M in stocks and FANGs and triple witch options and any other financial term that is googled)

Finally, it is helpful that you told us you drove a GT4 for 1 year for free, then sold it for $29K profit. I'd say you are right on track because GT cars as supposed to be driven for free, unless you're an idiot.

Most importantly, it's always wise to ask a bunch of anonymous, exaggerating, lying forum members for financial advice. Perhaps marital and parenting advice????

Final answer: I hope a dealer reads this and offers you an allocation for $100K ADM, then the next day offers you MSRP to buy it back. It seems if that occurred that would stop the value threads for an hour or two.
Originally Posted by 3-Pedals
That's not nice.
The > $400k of yearly income part, at 23 years old, was sorta complimentary


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