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Old 01-03-2022, 11:24 AM
  #181  
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Originally Posted by Jimmy-D
I am assuming you being sarcastic!!!

If you think these are great long-hold stocks then just wait for the market to turn on you.

These are depreciating toys that some times you get lucky and lose very little money in a couple years or some times you pay a hefty ADM and get fried a year later.
Not at all being sarcastic Jimmy. I think if you look at what the markets have coming to them--and we should at least start to experience it this year--then look at electrification of our vehicle fleet, I think the 10 year prices in selected, well maintained ICE vehicles are going to look very good. Sure in 2-5 years as we drag ourselves out of this situation the prices will correct, but I don't think anywhere near as much as equities might. Plus I can drive these and all I can do is stare at my stocks (just went to 75% cash on that front not that it matters). Very good chance the 992.1 is the end of NA non-hybrid (I sincerely hope not). Likely end of NA at the least. People will always know what these are. Yes my reckless opinion, but not the only one to say it.

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Old 01-03-2022, 12:43 PM
  #182  
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Originally Posted by rhk118
Not at all being sarcastic Jimmy. I think if you look at what the markets have coming to them--and we should at least start to experience it this year--then look at electrification of our vehicle fleet, I think the 10 year prices in selected, well maintained ICE vehicles are going to look very good. Sure in 2-5 years as we drag ourselves out of this situation the prices will correct, but I don't think anywhere near as much as equities might. Plus I can drive these and all I can do is stare at my stocks (just went to 75% cash on that front not that it matters). Very good chance the 992.1 is the end of NA non-hybrid (I sincerely hope not). Likely end of NA at the least. People will always know what these are. Yes my reckless opinion, but not the only one to say it.
992.2 GT3 will also be ICE with a manual. But looking pretty grim after that
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Old 01-03-2022, 12:50 PM
  #183  
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There's no way a GT3 is gonna outperform any decent index fund over ten years, much less the stronger ones. Even if it's the last na GT3.

Much rarer and much more significant supercars like the F40 haven't outperformed the stock market. Not by a long shot.

If someone is looking at a GT3 as a car they can drive for awhile and not lose much money or even sell for more than they bought it for at some point, maybe. But it absolutely is not a good investment by any reasonable measure.

You could bubble wrap your GT3 for ten years and it still won't beat the s&p 500. 'But what if there's a huge market correction?'. If that happens, collector car prices will tumble right along with it.

​​​​​
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Old 01-03-2022, 01:32 PM
  #184  
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Originally Posted by G.Irish
There's no way a GT3 is gonna outperform any decent index fund over ten years, much less the stronger ones. Even if it's the last na GT3.

Much rarer and much more significant supercars like the F40 haven't outperformed the stock market. Not by a long shot.

If someone is looking at a GT3 as a car they can drive for awhile and not lose much money or even sell for more than they bought it for at some point, maybe. But it absolutely is not a good investment by any reasonable measure.

You could bubble wrap your GT3 for ten years and it still won't beat the s&p 500. 'But what if there's a huge market correction?'. If that happens, collector car prices will tumble right along with it.

​​​​​
agree 100%, take the most recent Carrera GT that sold for 1.6M ……car new was about 500k in 2005. 500K invested for 17 years would have blown a hole in 1.6M. If the market tanks so does all the toys to raise funds.
Old 01-03-2022, 01:34 PM
  #185  
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Originally Posted by PTS
992.2 GT3 will also be ICE with a manual. But looking pretty grim after that
source?
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Old 01-03-2022, 01:39 PM
  #186  
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Originally Posted by G.Irish
There's no way a GT3 is gonna outperform any decent index fund over ten years, much less the stronger ones. Even if it's the last na GT3.

Much rarer and much more significant supercars like the F40 haven't outperformed the stock market. Not by a long shot.

If someone is looking at a GT3 as a car they can drive for awhile and not lose much money or even sell for more than they bought it for at some point, maybe. But it absolutely is not a good investment by any reasonable measure.

You could bubble wrap your GT3 for ten years and it still won't beat the s&p 500. 'But what if there's a huge market correction?'. If that happens, collector car prices will tumble right along with it.

​​​​​
let’s put it in context

Will GT prices plummet once AP retires and GT cars go hybrid or turbo? Where else would buyers go to get a high-end NA/6MT?

but… will they perform better than S&P, no chance, and that’s not even factoring in GT expenses
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Old 01-03-2022, 01:49 PM
  #187  
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Originally Posted by G.Irish
There's no way a GT3 is gonna outperform any decent index fund over ten years, much less the stronger ones. Even if it's the last na GT3.

Much rarer and much more significant supercars like the F40 haven't outperformed the stock market. Not by a long shot.

If someone is looking at a GT3 as a car they can drive for awhile and not lose much money or even sell for more than they bought it for at some point, maybe. But it absolutely is not a good investment by any reasonable measure.

You could bubble wrap your GT3 for ten years and it still won't beat the s&p 500. 'But what if there's a huge market correction?'. If that happens, collector car prices will tumble right along with it.

​​​​​
Yes you are 100% correct, I wasn't implying "for maximum gains". My point is exactly what you said: "If someone is looking at a GT3 as a car they can drive for awhile and not lose much money or even sell for more than they bought it for at some point, maybe." These as good as anything going forward to hold onto. The market paradigm will shift with electrification (perhaps in a bad way when gasoline is $50 a gallon). Short of massive ADM or someone wanting "maximum" gains with their money why not hold (I'd rather have the car collection than the investments at this point in my life). Also I think the S&P 500 of the next 10 years will be very different than the S&P of the past 10, correction or no.
Old 01-03-2022, 02:43 PM
  #188  
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Originally Posted by WenigerAberBeser
source?
Source: Trust me bro.

In seriousness, the facelift GT3 of a gen always gets the .1 RS powerplant or very close to it. If the 992.1 3RS is NA (which it is), then so will the 992.2 GT3.

Would be very odd for Porsche to introduce hybridization in the middle of a gen on the non-RS GT car variant.

In short, I don't have an official source, no one does. But I'd put a large wager on it being ICE
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Old 01-03-2022, 02:50 PM
  #189  
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Originally Posted by Maverick787
agree 100%, take the most recent Carrera GT that sold for 1.6M ……car new was about 500k in 2005. 500K invested for 17 years would have blown a hole in 1.6M. If the market tanks so does all the toys to raise funds.
This is true but there was no risk of electrification across the board for vast majority of those years. When electrification does take over in large, the premium for the best ICE cars will certainly increase.

That's not at all to say any car is a better investment than the S&P, just pointing out that the real rise in the most coveted ICE cars is yet to be seen. But it's coming
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Old 01-03-2022, 03:04 PM
  #190  
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270k with 10 minutes to go …….MSRP 191k
https://www.pcarmarket.com/auction/2...che-992-gt3-1/
Old 01-03-2022, 03:55 PM
  #191  
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Originally Posted by Maverick787
270k with 10 minutes to go …….MSRP 191k
https://www.pcarmarket.com/auction/2...che-992-gt3-1/
It has a Redwood City dealer plate. I wonder if they know that their precious allocation was being flipped. lol.
Old 01-03-2022, 03:56 PM
  #192  
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Originally Posted by PTS
Source: Trust me bro.

In seriousness, the facelift GT3 of a gen always gets the .1 RS powerplant or very close to it. If the 992.1 3RS is NA (which it is), then so will the 992.2 GT3.

Would be very odd for Porsche to introduce hybridization in the middle of a gen on the non-RS GT car variant.

In short, I don't have an official source, no one does. But I'd put a large wager on it being ICE
actually… the .2 GT3s have never had same engine as .1 RS.

no 996.1 RS

3.6 to 3.8 for 997

the 991 had same displacement and HP but 991.2 a bit different than RS, including how high it revved

porsche HAS however made a drastic engine change in the middle of the 991 gen going from NA to Turbo for all non GT models so…

I think there’s a sizeable probability something happens to the .2… but I have no source
Old 01-03-2022, 04:01 PM
  #193  
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Originally Posted by WenigerAberBeser
actually… the .2 GT3s have never had same engine as .1 RS.

no 996.1 RS

3.6 to 3.8 for 997

the 991 had same displacement and HP but 991.2 a bit different than RS, including how high it revved

porsche HAS however made a drastic engine change in the middle of the 991 gen going from NA to Turbo for all non GT models so…

I think there’s a sizeable probability something happens to the .2… but I have no source
Same or similar power *

Friendly wager then?
Old 01-03-2022, 04:05 PM
  #194  
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Originally Posted by Yippiekiaye
It has a Redwood City dealer plate. I wonder if they know that their precious allocation was being flipped. lol.
It didn’t meet reserve, guess thay thought it was worth more. Market spoke and said no mas, plastic dash with me no way for me.

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Old 01-03-2022, 04:32 PM
  #195  
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Originally Posted by Maverick787
It didn’t meet reserve, guess thay thought it was worth more. Market spoke and said no mas, plastic dash with me no way for me.
Seller probably paid 50k ADM. If you add the tax on top- all that effort to not sell the car.


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