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Old 11-23-2022 | 09:20 PM
  #496  
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Originally Posted by Captain P
Got the call today but at 120k over. Sigh I had to turn it down. Not going to lie, I’m so disheartened. Can’t bank on relationships anymore.
Don't worry, that ADM will come down in time. Let me guess, your dealer is in CA?
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Old 11-23-2022 | 09:33 PM
  #497  
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Originally Posted by usctrojanGT3
Don't worry, that ADM will come down in time. Let me guess, your dealer is in CA?
Yup yup. I do have the gt3, so this is a 1st world problem and honestly I’m lucky and grateful. Not going to speak or think ill of the SA; it just means I ain’t that special lol.
Old 11-23-2022 | 09:55 PM
  #498  
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Originally Posted by Captain P
Got the call today but at 120k over. Sigh I had to turn it down. Not going to lie, I’m so disheartened. Can’t bank on relationships anymore.
Tell the dealer to keep you at the front of the line for the next allocation. Maybe offer a (refundable) deposit. And maybe offer a good trade-in deal for your GT3.
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Old 11-24-2022 | 02:18 AM
  #499  
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I don’t get where people are coming from when they say ADMs will come down in a year or two.

People were saying the same thing a year ago when the the 992 GT3 was introduced. And look at us now, a year and a half later. Have ADMs come down on the GT3 market?

Hint. Answer starts with an “n” and ends in “o”.
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Old 11-24-2022 | 02:54 AM
  #500  
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^ agree.
you know it may or may not come down in a year or two
but you may be dead in a year or two
sh&t happens...
before 2020 have two eyes
today I have one eye....
if you got the money, use it...
do not ever assume you will wake up tmo... you may be dead in bed....
walk out the door, hit by lightning or a car
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Old 11-24-2022 | 03:18 AM
  #501  
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Originally Posted by ipse dixit
I don’t get where people are coming from when they say ADMs will come down in a year or two.

People were saying the same thing a year ago when the the 992 GT3 was introduced. And look at us now, a year and a half later. Have ADMs come down on the GT3 market?

Hint. Answer starts with an “n” and ends in “o”.
Because ADMs have come down with previous GT3s so its fair to assume that they will this go around. You do understand that ADMs went up and stayed high with the 992 GT3s because of the helicopter money and gov't cheese, right? That's what is different this time around but history has a way of repeating itself, just a matter of time. I hope more drivers get cars versus the damn flippers and stealer spec'ed cars.
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Old 11-24-2022 | 08:07 AM
  #502  
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Originally Posted by mooty
^ agree.
you know it may or may not come down in a year or two
but you may be dead in a year or two
sh&t happens...
before 2020 have two eyes
today I have one eye....
if you got the money, use it...
do not ever assume you will wake up tmo... you may be dead in bed....
walk out the door, hit by lightning or a car
Good advice for people who are old and wealthy. Not such good advice for people who are not so old and not so wealthy, who need to balance spending against saving and investing. And when spending, have to balance what to spend on, not many people buying these cars can afford to buy everything they want. Most can’t even afford to simultaneously have all the cars they want, much less boats, houses, etc.
Old 11-24-2022 | 08:27 AM
  #503  
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Originally Posted by mooty
^ agree.
you know it may or may not come down in a year or two
but you may be dead in a year or two
sh&t happens...
before 2020 have two eyes
today I have one eye....
if you got the money, use it...
do not ever assume you will wake up tmo... you may be dead in bed....
walk out the door, hit by lightning or a car
or be at a Walmart at the wrong time…
Old 11-24-2022 | 01:03 PM
  #504  
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Originally Posted by Manifold
Good advice for people who are old and wealthy. Not such good advice for people who are not so old and not so wealthy, who need to balance spending against saving and investing. And when spending, have to balance what to spend on, not many people buying these cars can afford to buy everything they want. Most can’t even afford to simultaneously have all the cars they want, much less boats, houses, etc.
this - be financially prudent Based on wealth / age / other spends

too many people rely on used cars selling same for as new - this only has existed in the history of automobiles for the last 30 months
Old 11-24-2022 | 01:45 PM
  #505  
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Originally Posted by ipse dixit
I don’t get where people are coming from when they say ADMs will come down in a year or two.

People were saying the same thing a year ago when the the 992 GT3 was introduced. And look at us now, a year and a half later. Have ADMs come down on the GT3 market?

Hint. Answer starts with an “n” and ends in “o”.
Dude look at the world and financial markets, you are smoking crack if you don't think things are slowly coming down. Mayor Tech Stocks have lost 30-40% this year, Crypto is virtually dead at this point. LOL. Where do you think all this Money that has been pumping the market the past few years has come from.
Old 11-24-2022 | 02:56 PM
  #506  
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Originally Posted by thuggo
Dude look at the world and financial markets, you are smoking crack if you don't think things are slowly coming down. Mayor Tech Stocks have lost 30-40% this year, Crypto is virtually dead at this point. LOL. Where do you think all this Money that has been pumping the market the past few years has come from.
personally I've been printing mine at home - now if I can just find some more green "ink" and the right kind of paper - I'm good to go.
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Old 11-24-2022 | 03:31 PM
  #507  
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Originally Posted by Manifold
Good advice for people who are old and wealthy. Not such good advice for people who are not so old and not so wealthy, who need to balance spending against saving and investing. And when spending, have to balance what to spend on, not many people buying these cars can afford to buy everything they want. Most can’t even afford to simultaneously have all the cars they want, much less boats, houses, etc.
‘You can have anything you want, but not everything.” Ray Dalio and he’s a billionaire.

Last edited by carcommander; 11-24-2022 at 03:34 PM.
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Old 11-24-2022 | 03:47 PM
  #508  
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Originally Posted by thuggo
Dude look at the world and financial markets, you are smoking crack if you don't think things are slowly coming down. Mayor Tech Stocks have lost 30-40% this year, Crypto is virtually dead at this point. LOL. Where do you think all this Money that has been pumping the market the past few years has come from.
And yet even with everything that is going on in the world with the war in Ukraine, sky-high energy prices, supply chain issues, and the FED fighting inflation at a 40 year high, and the yield curve being the most inverted since Feb. 1982 - - - $86 BILLION HAS COME INTO THE U.S. STOCK MARKET THIS YEAR.

That's the second highest amount of inflows since 2012.

One could actually make the case that the S&P is terribly overvalued at this point and time and doesnt truly reflect reality.
And yet, here we are at 17.5x earnings.

One man's bearishness is another man's bullishness.

But as one of my bosses on Wall Street once said, "What is obvious, is obviously wrong."


Last edited by Diablo Dude; 11-24-2022 at 04:01 PM.
Old 11-24-2022 | 03:49 PM
  #509  
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You don't increase the money supply by 40% in a couple years and expect prices of anything will come down to earth.
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Old 11-24-2022 | 03:53 PM
  #510  
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Originally Posted by carcommander
‘You can have anything you want, but not everything.” Ray Dalio and he’s a billionaire.
"You cant always get what you want. But if you try sometime, you'll find you get what you need"

- - - Mick Jagger & Keith Richards

Last edited by Diablo Dude; 11-24-2022 at 04:04 PM.


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