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Allocations out till 2025….

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Old 03-15-2024 | 03:47 PM
  #181  
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this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
  1. An underlying trend that prevails in reality and;
  2. A misconception relating to that trend.
When positive feedback develops between the trend and the misconception, a boom-bust process gets set into motion. The process is liable to be tested by negative feedback along the way, and if it is strong enough to survive these tests, both the trend and the misconception get reinforced. Eventually, market expectations become so far removed from reality that people get forced to recognize that a misconception is involved. A twilight period ensues during which doubts grow, and more people lose faith, but the prevailing trend gets sustained by inertia.George Soros
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,

https://www.roadandtrack.com/news/a6...ruck-purchase/

at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
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Old 03-15-2024 | 04:02 PM
  #182  
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Originally Posted by gulfblu
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
  1. An underlying trend that prevails in reality and;
  2. A misconception relating to that trend.
When positive feedback develops between the trend and the misconception, a boom-bust process gets set into motion. The process is liable to be tested by negative feedback along the way, and if it is strong enough to survive these tests, both the trend and the misconception get reinforced. Eventually, market expectations become so far removed from reality that people get forced to recognize that a misconception is involved. A twilight period ensues during which doubts grow, and more people lose faith, but the prevailing trend gets sustained by inertia.George Soros
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,

https://www.roadandtrack.com/news/a6...ruck-purchase/

at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
post of the year, thank you!
Old 03-15-2024 | 05:16 PM
  #183  
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Originally Posted by gulfblu
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
  1. An underlying trend that prevails in reality and;
  2. A misconception relating to that trend.
When positive feedback develops between the trend and the misconception, a boom-bust process gets set into motion. The process is liable to be tested by negative feedback along the way, and if it is strong enough to survive these tests, both the trend and the misconception get reinforced. Eventually, market expectations become so far removed from reality that people get forced to recognize that a misconception is involved. A twilight period ensues during which doubts grow, and more people lose faith, but the prevailing trend gets sustained by inertia.George Soros
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,

https://www.roadandtrack.com/news/a6...ruck-purchase/

at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
You're right about the misconception part, and I think that RL in general contributes to that misconception. There's a TON of rationalization for paying high ADM on RL, and the guys that talk about getting the cars at MSRP tend to get tarred and feathered. No one likes hearing that others got a better deal or they may have overpaid.
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Old 03-15-2024 | 06:05 PM
  #184  
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Originally Posted by Manifold
You're right about the misconception part, and I think that RL in general contributes to that misconception. There's a TON of rationalization for paying high ADM on RL, and the guys that talk about getting the cars at MSRP tend to get tarred and feathered. No one likes hearing that others got a better deal or they may have overpaid.
It's funny how the guys that claim to have access to GT cars at MSRP are the one's who weren't offered a 3RS allocation even though they claim to have an incredible relationship with their dealer. That speaks volumes.
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Old 03-15-2024 | 06:08 PM
  #185  
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Originally Posted by Diablo Dude
It's funny how the guys that claim to have access to GT cars at MSRP are the one's who weren't offered a 3RS allocation even though they claim to have an incredible relationship with their dealer. That speaks volumes.
I think it's even funny seeing European owners speaking on ADM in the US..... when its $10 fpr a bottle of water in some EU countries
Old 03-15-2024 | 06:09 PM
  #186  
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I agree that some dealers are selling their GT cars at MSRP, but the majority of the dealers require ADM. I would speculate that of all the 992GT3 RS's sold in the US, over 90% were sold with a dealer mark up. Based on some of the comments in this thread many RL's buyers were "fleeced". I suspect many happily so.
Old 03-15-2024 | 06:11 PM
  #187  
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Gotta say, I've been frequenting the F-Chat forums and there is virtually no discernible dick size measuring tournament going on there.
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Old 03-15-2024 | 06:14 PM
  #188  
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Originally Posted by gulfblu
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
  1. An underlying trend that prevails in reality and;
  2. A misconception relating to that trend.

This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,

https://www.roadandtrack.com/news/a6...ruck-purchase/

at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
Originally Posted by gulfblu
I got the call at the end of Dec that my allocation @ MSRP came in for 24 C2S, build lock in Jan, April delivery. the SA told me i could get my manual transmission and the heritage interior package( though I've read on here it was on stop hold in jan) but no PTS, i really wanted gulfblue so i was still excited but had a reservation. I told my "loving one" AKA my wife my allocation came in, she said great get the car ( and she actually preferred gentian blue over gulf blue), but she said "I am going to give exactly the cost you spend on the car to charity, feed the hungry stuff, it's only fair". I called the SA back and told him i need until after the new year to process, he said no worries. I eventually passed on the car telling him i wanted the 992.2 with the color i wanted. I shared PTS colors with my wife and she preferred the green shades over blue. i think i am going to get a green 911c2s for the loving one and myself. I didn't want to part with 180K times 2 or 360kish and not get the exact car color i wanted. The SA told me he would call me in 6 to 9 months when the allocations come out for 992.2. I got 2016 gt4 and a 2006 997 c4s cab to drive and enjoy in the meanwhile, but only spring to fall driving for me due to living in winter climates,

The world would better if all of wives or husbands( the loving ones) told us "no worries buy the car, but i am giving equally to charity"

Huh?

From processing "bubbles" and "adm's" and being "fleeced" to "wives" . . . but not necessarily in that order.
I think I got the full story now.

Last edited by Diablo Dude; 03-16-2024 at 01:58 PM.
Old 03-15-2024 | 06:15 PM
  #189  
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Originally Posted by Diablo Dude
It's funny how the guys that claim to have access to GT cars at MSRP are the one's who weren't offered a 3RS allocation even though they claim to have an incredible relationship with their dealer. That speaks volumes.
It's not necessarily a question of being offered an allocation. I told my dealer the order of my priorities, with GT3 and 4RS being at the top, and those are the two I got. At an MSRP dealer, few or no people aside from VIPs can likely get an allocation for every GT car because there aren't enough allocations to around for all of the top customers. The dealers try to give the top customers most of what they want, if not all of it. That seems reasonable and fair to me.

Last edited by Manifold; 03-15-2024 at 06:16 PM.
Old 03-15-2024 | 06:25 PM
  #190  
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Originally Posted by Manifold
It's not necessarily a question of being offered an allocation. I told my dealer the order of my priorities, with GT3 and 4RS being at the top, and those are the two I got. At an MSRP dealer, few or no people aside from VIPs can likely get an allocation for every GT car because there aren't enough allocations to around for all of the top customers. The dealers try to give the top customers most of what they want, if not all of it. That seems reasonable and fair to me.
I'm not talking about you and your priorities.

I'm talking about the people here that have repeatedly "bragged" about getting their GT cars at MSRP because they have a wonderful relationship ... blah, blah, blah.... with an MSRP dealer.
But when it comes time for the 3RS allocation at MSRP it's no bueno.
Amazing how that happens even at an MSRP dealer.
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Old 03-15-2024 | 06:27 PM
  #191  
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Originally Posted by RG88
Gotta say, I've been frequenting the F-Chat forums and there is virtually no discernible dick size measuring tournament going on there.
No point measuring when everyone has a big one. With Porsches, buyers range from middle class to very rich.
Old 03-15-2024 | 06:30 PM
  #192  
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Originally Posted by Diablo Dude
I'm not talking about you and your priorities.

I'm talking about the people here that have repeatedly "bragged" about getting their GT cars at MSRP because they have a wonderful relationship ... blah, blah, blah.... with an MSRP dealer.
But when it comes time for the 3RS allocation at MSRP it's no bueno.
Amazing how that happens even at an MSRP dealer.
"Relationship" mostly means volume of business. Sometimes there's a degree of personal relationship also which can tip the scales in a favorable direction.

With ADM being so crazy on the 3RS, maybe that's a car I should have asked for, but it's not a car I wanted ...
Old 03-15-2024 | 06:59 PM
  #193  
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Originally Posted by Manifold
No point measuring when everyone has a big one. With Porsches, buyers range from middle class to very rich.
you might be surprised about the demographic there. that's what I thought too before I got to know the community there albeit just online for now.
Old 03-15-2024 | 07:20 PM
  #194  
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Originally Posted by RG88
you might be surprised about the demographic there. that's what I thought too before I got to know the community there albeit just online for now.
Tell us more.
Old 03-15-2024 | 07:30 PM
  #195  
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Originally Posted by Manifold
Tell us more.
Don't take my word for it, see for yourself


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