Should I wait or pull the trigger on a used 992 GT3
12-27-2022 | 06:32 PM
#46
Drifting
Joined: Nov 2006
Posts: 3,240
Likes: 883
From: los angeles and nyc
the real issue that screws up the market when flipper brokers are involved is they build terrible cars. I remember a few weeks ago, one of them had 4-5 awful combos in stock all asking 300+
shark blue black stripe pdk red brakes gold wheels 18 way seats red gauges yuck.
agate gold side stripes silver wheels red brakes 4 way seats pdk boring confused
cars built under duress? no idea but they were being flipped/sold through the "bigger used car dealers" in Texas, Charlotte mainly. Bad taste and early builds.
same thing with STO...so many ugly specs.
benefit of ferrari is even though many are similar, fewer are built hideous.
exotic / collector car market prices are directly related to the stock to flow metrics. car guys are busy bodies and have activity bias. but many have space limit and have to cut something loose for space or money reasons to get next thing. That leads to occasional mistakes. but when lots of cool models are being produced, that churn in garage space creates downstream froth in the market.
vip guys will sell their Gt3 when RS comes in or Dakar comes in, for better or worse this is the deal. when 992.2 comes out, something weird will trigger either crisis of faith or cult status onto 992.1 and prices will move because there are not that many new buyers and not many people can keep 2-3-4 cars of same variety. even seinfeld sells cars. even mooty will sell something eventually. but how good does that next thing have to be?
458 speciale is more fun than 488. people got burned there. it went like this: so guys sold their 458 for 458sp, then sold that for 488 and sold that for pista. then realized wait 458sp makes best noise and went and bought them back for 30-50k more. then supply shock. then BAT scam of bidding up your buddy's car now over 500k. then everyone asks 600k.
nobody paid 1M for a 911R in 16/17. I know people paid 400/500/550k. 1M asking? ok. pre-BAT scam. you ask 1m but don't want to sell. I offer mine at 550. looks like charity.
BUT- some people have paid 600-700k this cycle for one. pts ones.
4.0 997 was 350-450k FOREVER. now 600.
this happens with all cult classics. its usually because a very small number of people create a cartel and decide for the market.
this 3RS could be like that. so few coming to usa. you guys will know 20-30% of the buyers for sure. that's enough. if nobody sells, it is then a 500k car. Dakar will be very easy to do that with. even less coming to USA than seems logical considering how much farmland and desert landscape we have to play on. GT4RS is also super rare. more rare than touring probably- especially in pts/ WP.
shark blue black stripe pdk red brakes gold wheels 18 way seats red gauges yuck.
agate gold side stripes silver wheels red brakes 4 way seats pdk boring confused
cars built under duress? no idea but they were being flipped/sold through the "bigger used car dealers" in Texas, Charlotte mainly. Bad taste and early builds.
same thing with STO...so many ugly specs.
benefit of ferrari is even though many are similar, fewer are built hideous.
exotic / collector car market prices are directly related to the stock to flow metrics. car guys are busy bodies and have activity bias. but many have space limit and have to cut something loose for space or money reasons to get next thing. That leads to occasional mistakes. but when lots of cool models are being produced, that churn in garage space creates downstream froth in the market.
vip guys will sell their Gt3 when RS comes in or Dakar comes in, for better or worse this is the deal. when 992.2 comes out, something weird will trigger either crisis of faith or cult status onto 992.1 and prices will move because there are not that many new buyers and not many people can keep 2-3-4 cars of same variety. even seinfeld sells cars. even mooty will sell something eventually. but how good does that next thing have to be?
458 speciale is more fun than 488. people got burned there. it went like this: so guys sold their 458 for 458sp, then sold that for 488 and sold that for pista. then realized wait 458sp makes best noise and went and bought them back for 30-50k more. then supply shock. then BAT scam of bidding up your buddy's car now over 500k. then everyone asks 600k.
nobody paid 1M for a 911R in 16/17. I know people paid 400/500/550k. 1M asking? ok. pre-BAT scam. you ask 1m but don't want to sell. I offer mine at 550. looks like charity.
BUT- some people have paid 600-700k this cycle for one. pts ones.
4.0 997 was 350-450k FOREVER. now 600.
this happens with all cult classics. its usually because a very small number of people create a cartel and decide for the market.
this 3RS could be like that. so few coming to usa. you guys will know 20-30% of the buyers for sure. that's enough. if nobody sells, it is then a 500k car. Dakar will be very easy to do that with. even less coming to USA than seems logical considering how much farmland and desert landscape we have to play on. GT4RS is also super rare. more rare than touring probably- especially in pts/ WP.
Porsche Woodland hills has mint car sitting for 2 weeks now. 216k window and asking 150k over
12-28-2022 | 01:40 PM
#47
Rennlist Member
Joined: Feb 2013
Posts: 16,903
Likes: 4,194
12-28-2022 | 02:15 PM
#48
Rennlist Member
Joined: Oct 2007
Posts: 4,013
Likes: 1,059
From: ...PA...
Because its a stupid ask lol. Granted I do see cars with all the trimmings that aren't avail to spec over basically this next year pending whatever supply issues (Headlights, PCCB, PTS etc) being even rarer, will be curious where this goes in the future numbers wise...or if current owners even want to sell post experiencing the car. Either way, any of these cars are special all things considered...if you drive it, thats the win at the end of the day.
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usctrojanGT3 (12-28-2022)