fxz

There are 21millions Bitcoin
few thousands GT3

the GT3 is the new Bitcoin
​​​

rhk118

Went and visited this car today because may be the only opportunity for me to see a 992 Touring in person, so thanks OP for starting this thread. It was parked next to a shark blue winged 992 which was great to see them both together. I am biased but loved the touring 992, even over the winged version. Car looks great, understated athlete in a tux so to speak. Folks at the dealership were very professional, and were OK with me and my 3 kids just coming in to “see one”…other cars they had there were great as well. As for the price, it is what it is. So I will still wait out my place on the list for a ‘23…

Congrats to all of you lucky devils who find yourselves in one of these cars!

richk

time to close this thread...

now at 6900 miles on 992gt3

AdamSanta85

I overheard some tradesmen talking about how their Ram 1500's were appreciating too. When the market corrects 996' will become undesirable again.

Il CP

Yep. The interesting thing is how high it will go before the downturn sets in.

Marv

Yes, it really depends on the span of time you are considering. As a general rule, real estate appreciates over a longer time. Whereas, cars depreciate over a much shorter period of time. There are exceptions such as property in areas where natural or man-made issues have reduced values. The same goes for a few cars that increase value over time, but the overall average of real estate follows an upward trend, while cars are more like appliances, ending up in scrap yards long before the houses where they were parked are razed to the ground.

The spate of sky-high ADMs of late simply attract individuals with very deep pockets where an extra $200K is of little consequence financially, and a bragging right to their friends and egos.

All of this has put a large downward pressure on all Porsches (new and used) where even entry level Porsches are pretty much an imaginary unicorn for regular folks. That sadly closes the door on a lot of new young blood for PCA.

Marv

Less desirable, maybe.

chance6

Amen to this. AND I'm gonna go off here a little bit. I've been holding my tongue for the last week or so. You've got loyal customers that get on a dealer list for a GT3, they are patient and wait, THEN you see these dealers (I have a couple local ones in mind) that get a gift delivery of a GT3, put it on the showroom floor, and mark up the hell out of it and really pay no attention to the customers on the list. They are eroding the business-customer relationship w/ these customers. It would be one thing if profits were suffering, but look at the numbers...they aren't. It's public information! And they are turning around and basically s**tting on these customers. I'm sorry but it's true.

For me it went so far as getting this dialogue, this language multiple times where "we don't charge over MSRP" on GT3s. Then why do you have a f* $130k markup??

What a bunch of horses**t.

How about this: be honest with your loyal customers and treat them by the golden rule. It's a simple fact that these markups are ridiculous...

Marv

It's long-term profits versus short-term gains.

Right now many dealers place short-term over the long. We will see how that plays out. I walked from a near deal on a used car because the dealer added a "destination fee" for a car that was originally bought and serviced there. I'll wait this out.

CPS992

For all that to be true, you also have to believe that starting a new relationship with a customer who's willing to stroke a $130k ADM check is a stupid thing to do.

(It's not)

Aorta

It is what it is. Do you really believe that Porsche dealers will likely ever have a problem selling GT cars at MSRP? I’m talking...even after all the craziness stops...I believe the distinct answer to that is NO.

So...if your dealer (in your mind) screws you...then 5 years from now calls you and says ‘hey we have a GT3 at MSRP...want it?’ You’re gonna say no? Doubt it. Even if you do...there will be some other owner who’s pissed off at their dealership as well, and will simply come to your dealership to pick up that MSRP GT3 that you passed on. And round and round we go...Short term memory...so most dealers marking these cars up today likely won’t have any ‘real’ repercussions in the future...That will hold true as long as Porsche keeps building great cars. Supply/demand. That’s life...

thuggo

Full blown Recession might change that a bit. World is opening up. Less money is going to be spent on Lux goods over time like cars/watches/etc and more on swanky vacations like before this whole **** show started.

AlexCeres

the wait list at msrp around here is triple digits. At adm, there are easily dozens of guys who would take my place in a heart beat, and since I don’t have an allocation despite large offers, guys who are actively out bidding me.

it is what it is. I think it’s a terrific time to go try some other cars. The situation will correct itself or it won’t, in which case I’ll buy one at auction once we know the full production run numbers and the market rate is the actual clearing rate and not dealer adm bs.

Nick

The ridiculous mark ups have cooled my ardor for the next best or greatest car models. My 991.2GT3RS looks great to me and I'm enjoying it even more. Knowing I paid over $100,000 for a car Porsche says is worth $100,000 less would cause me not to enjoy the car as much. In addition, I was considering a Taycan but my passion for one has diminished greatly. I'll wait on the sidelines and have a good laugh.

chance6

So they basically tried to screw you over twice w/ the destination fee...isn't that only applied to new cars? As in, shipping costs?