Notices
992 GT3 and GT2RS Forum 2019-Current
Sponsored by:
Sponsored by:

Summer 2021 GT3 Allocation, ADM, etc. Fresh Thread

Thread Tools
 
Search this Thread
 
Old 06-29-2021, 03:00 PM
  #46  
Bartleby7334
Racer
 
Bartleby7334's Avatar
 
Join Date: May 2017
Posts: 275
Received 135 Likes on 71 Posts
Default

Originally Posted by raymort
Sounds odd. Even if someone backed out yesterday, the build isn’t for 5-6 months away. Why would they be in a rush to sell it for 25k?
end of quarter sales incentives from Porsche.
Old 06-29-2021, 03:02 PM
  #47  
raymort
Rennlist Member
 
raymort's Avatar
 
Join Date: Apr 2021
Posts: 3,832
Received 2,241 Likes on 1,140 Posts
Default

Originally Posted by Bartleby7334
end of quarter sales incentives from Porsche.
Nope. It’s not in inventory for a sale until the car is delivered to the dealership.

Old 06-29-2021, 03:23 PM
  #48  
Norcalgt3
Pro
 
Norcalgt3's Avatar
 
Join Date: Jun 2016
Posts: 619
Received 147 Likes on 85 Posts
Default

Originally Posted by tthebert908
Great point all around. I did think it was interesting / worth sharing with folks that an allocation came virtually effortless to an unqualified (me) potential buyer. I consider myself unqualified as I’ve only serviced my car with that dealer and had little interest to begin with. Yet, I hear that there is insane demand and people (like one of the posters above) are paying $50-$75k ADM to get one. It just seems very strange to me. Maybe it’s regional and the demand in CA is very different than the demand on the east coast. Or maybe Porsche is actually giving dealers more allocations than anticipated and people will be getting calls about their LOI’s soon. Nontheless, all helpful info for people who are interested in the most recent stance on allocations & ADM/cost to get one.

I also find it strange that people would look down upon me for recognizing (and questioning) an opportunity to build a new GT3, drive the car/enjoy for a bit, and sell it for a profit. To me logically that seems like a good deal that an ordinary person would take. But as enthusiasts who do not value the financial aspects of ownership as much, this makes sense.

FWIW, I am willing to lose some money on the car. As someone who hasn’t owned a GT3 it’s possible that I could become an enthusiast as I am for my 2S. I’m not buying a 991.2 for $40k over original MSRP. As much as I would kill for an Albert Blue 99.12 touring (also none even on the market, as Merit Partners auctioned the only one I knew of in an Instagram auction that fetched almost $250k for the car). I am simply questioning what’s happening in this market with ADM’s, perceived demand, and who is getting allocated and when.
you're trying to predict the market, and it's dumb. Has anyone seen groundhog btw? Are we sure this isn't his doppelganger to make porsche people more angry?

Last edited by Norcalgt3; 06-29-2021 at 03:24 PM.
The following users liked this post:
TukeeGatorGT3 (06-29-2021)
Old 06-29-2021, 06:31 PM
  #49  
Ninja_Bum
Advanced
 
Ninja_Bum's Avatar
 
Join Date: Apr 2021
Posts: 96
Received 89 Likes on 45 Posts
Default

If you're hoping to buy a 992 touring and make bank like the 991s I feel like you're going to waste your time and money. Every hustler out there probably thought the same thing and will be trying to do the same thing. I think you all would play yourselves. There are going to be some bag holders desperate to sell cars they bought well over MSRP and aren't able to sell and cover their costs methinks.
The following 2 users liked this post by Ninja_Bum:
RUF RS (06-29-2021), WCGhost (07-01-2021)
Old 06-29-2021, 07:15 PM
  #50  
maroli
Three Wheelin'
 
maroli's Avatar
 
Join Date: Jan 2011
Posts: 1,460
Received 471 Likes on 271 Posts
Default

JFC - and we wonder why there's a problem with the GT3 market. This game has played out pretty poorly for speculators on the GT3 / RS and speedster last time out once demand ebbed - unless you're expecting a new pandemic and rates going negative, that will happen again. Meanwhile, I'm getting my name down for an EVO RWD which is in very high demand but no ADM for some reason...just an 8 month wait for delivery.
The following 3 users liked this post by maroli:
chance6 (06-29-2021), michaeldorian (06-29-2021), WCGhost (07-01-2021)
Old 06-29-2021, 07:25 PM
  #51  
tthebert908
Advanced
Thread Starter
 
tthebert908's Avatar
 
Join Date: Feb 2020
Posts: 60
Likes: 0
Received 20 Likes on 10 Posts
Default

Originally Posted by Ninja_Bum
If you're hoping to buy a 992 touring and make bank like the 991s I feel like you're going to waste your time and money. Every hustler out there probably thought the same thing and will be trying to do the same thing. I think you all would play yourselves. There are going to be some bag holders desperate to sell cars they bought well over MSRP and aren't able to sell and cover their costs methinks.
Yup - you’re probably right.

FYI, went to the dealer to clarify what he was offering me. What actually happened is that this spot for the second touring just happens to be available, for SALE for $25k. Not a $25k ADM. So I could pay $25k to be bumped up, and then pay $50k ADM. Plus the trade in for my car. That was the offer.

All makes sense now.
The following 2 users liked this post by tthebert908:
Captain P (07-15-2021), michaeldorian (06-30-2021)
Old 06-29-2021, 07:33 PM
  #52  
raymort
Rennlist Member
 
raymort's Avatar
 
Join Date: Apr 2021
Posts: 3,832
Received 2,241 Likes on 1,140 Posts
Default

Originally Posted by tthebert908
Yup - you’re probably right.

FYI, went to the dealer to clarify what he was offering me. What actually happened is that this spot for the second touring just happens to be available, for SALE for $25k. Not a $25k ADM. So I could pay $25k to be bumped up, and then pay $50k ADM. Plus the trade in for my car. That was the offer.

All makes sense now.
Wow! They are selling spots on the list and then getting ADM on top. Now that’s capitalism!
The following 4 users liked this post by raymort:
Captain P (07-15-2021), Freddie Two Bs (06-29-2021), G.Irish (06-30-2021), WCGhost (07-01-2021)
Old 06-29-2021, 08:45 PM
  #53  
Archimedes
Race Director
 
Archimedes's Avatar
 
Join Date: May 2015
Posts: 13,162
Received 3,861 Likes on 1,902 Posts
Default

Originally Posted by tthebert908
Yup - you’re probably right.

FYI, went to the dealer to clarify what he was offering me. What actually happened is that this spot for the second touring just happens to be available, for SALE for $25k. Not a $25k ADM. So I could pay $25k to be bumped up, and then pay $50k ADM. Plus the trade in for my car. That was the offer.
Did you keel over laughing when he told you that?!!

By the way, if you go for this deal, make sure he wears a condom.
The following 5 users liked this post by Archimedes:
96redLT4 (07-03-2021), Captain P (07-15-2021), jfr0317 (06-29-2021), Laguna_Dude (07-02-2021), WCGhost (07-01-2021)
Old 06-29-2021, 08:48 PM
  #54  
tthebert908
Advanced
Thread Starter
 
tthebert908's Avatar
 
Join Date: Feb 2020
Posts: 60
Likes: 0
Received 20 Likes on 10 Posts
Default

Originally Posted by Archimedes
Did you keel over laughing when he told you that?!!
“I’ll let you know”…

Proceeded to storm over to the service department to pay my bill.
Old 06-29-2021, 09:03 PM
  #55  
tthebert908
Advanced
Thread Starter
 
tthebert908's Avatar
 
Join Date: Feb 2020
Posts: 60
Likes: 0
Received 20 Likes on 10 Posts
Default

Oh I should also mention - if I didn’t want to buy the spot, he said I can get an allocation by the end of 2024 / 2.5 years.

edit: end of 2024

Last edited by tthebert908; 07-11-2021 at 01:21 PM.
Old 06-29-2021, 09:55 PM
  #56  
chance6
Race Car
 
chance6's Avatar
 
Join Date: Jun 2018
Location: Somewhere out East
Posts: 3,793
Received 1,491 Likes on 958 Posts
Default

Originally Posted by tthebert908
Understand your viewpoint. I can’t be the only one who thinks it would be great to drive a new GT3 for no real cost though?
The future of its holding its value is nice, but if the car was a dog nobody would want it. I want one because it looks like it'll be epic to drive on street, yes to the grocery store, on the highway, back roads, and track. I'll take a winged or a Touring. Either way.
Old 06-29-2021, 09:56 PM
  #57  
chance6
Race Car
 
chance6's Avatar
 
Join Date: Jun 2018
Location: Somewhere out East
Posts: 3,793
Received 1,491 Likes on 958 Posts
Default

Originally Posted by tthebert908
Oh I should also mention - if I didn’t want to buy the spot, he said I can get an allocation by the end of 2022 / 2.5 years.
Huh? End of 2022 is 1.5 years.
The following users liked this post:
WCGhost (07-01-2021)
Old 06-29-2021, 09:57 PM
  #58  
Porsche911GTS'16
Drifting
 
Porsche911GTS'16's Avatar
 
Join Date: Aug 2015
Location: Playa Del Rey, CA
Posts: 2,221
Received 1,173 Likes on 570 Posts
Default

A wise man once told me that if it seems too good to be true, it probably is.

Last edited by Porsche911GTS'16; 06-30-2021 at 12:28 AM.
Old 06-29-2021, 09:58 PM
  #59  
chance6
Race Car
 
chance6's Avatar
 
Join Date: Jun 2018
Location: Somewhere out East
Posts: 3,793
Received 1,491 Likes on 958 Posts
Default

Originally Posted by tthebert908
Yup - you’re probably right.

FYI, went to the dealer to clarify what he was offering me. What actually happened is that this spot for the second touring just happens to be available, for SALE for $25k. Not a $25k ADM. So I could pay $25k to be bumped up, and then pay $50k ADM. Plus the trade in for my car. That was the offer.

All makes sense now.
Well that is absolutely brutal. I'd be outta there.
The following users liked this post:
Captain P (07-15-2021)
Old 06-29-2021, 10:04 PM
  #60  
Jbravo23
Rennlist Member
 
Jbravo23's Avatar
 
Join Date: Apr 2019
Location: Boston
Posts: 1,736
Received 1,745 Likes on 719 Posts
Default

WTFkin fk. Is this real?
The following users liked this post:
Captain P (07-15-2021)


Quick Reply: Summer 2021 GT3 Allocation, ADM, etc. Fresh Thread



All times are GMT -3. The time now is 11:36 AM.