2022 Allocation
Nordschleife Master
Joined: Jun 2018
Posts: 5,934
Likes: 7,839
From: Ohio
I have an idea guys; we all stop buying/taking deliveries of 911s for two months. This will stick dealers with cars, and we will get them below MSRP again.
With all of the guys saying a correction is coming, is here, and will see buyers drop like flys, why not just throw $50k on a SPY300p for two weeks from now and make bank?
BEARS LIKE PORSCHES TOO.
With all of the guys saying a correction is coming, is here, and will see buyers drop like flys, why not just throw $50k on a SPY300p for two weeks from now and make bank?
BEARS LIKE PORSCHES TOO.
RL Community Team
Rennlist Member
Rennlist Member
Joined: Sep 2005
Posts: 18,824
Likes: 14,751
Two lessons I've learned to fully enjoy reading and posting on Rennlist.
1. Never tell other people how to spend their own money.
2. Treat financial advice posted on Rennlist -- be it the stock market or how to invest in the stock market -- like the horoscope, for entertainment purposes only.
1. Never tell other people how to spend their own money.
2. Treat financial advice posted on Rennlist -- be it the stock market or how to invest in the stock market -- like the horoscope, for entertainment purposes only.
Nordschleife Master
Joined: Jun 2018
Posts: 5,934
Likes: 7,839
From: Ohio
Two lessons I've learned to fully enjoy reading and posting on Rennlist.
1. Never tell other people how to spend their own money.
2. Treat financial advice posted on Rennlist -- be it the stock market or how to invest in the stock market -- like the horoscope, for entertainment purposes only.
1. Never tell other people how to spend their own money.
2. Treat financial advice posted on Rennlist -- be it the stock market or how to invest in the stock market -- like the horoscope, for entertainment purposes only.
Remember Miss Cleo? She made a fortune.
Thread Starter
Drifting
Joined: Jun 2021
Posts: 2,076
Likes: 1,760
From: Westchester NY
Hardly. Read the post. $100k ADM on a f* GTS ? Are you kidding me? That's a hard pass. So yes, in this case they are indeed greedy b*stards. It might cost *more* but it shouldn't be costing $100k More. Horses*it.
They don't care about their customers.
They only want their pay-day. It's clear as a bell.
Guess what: the highest ADM I will pay is the reverse of the highest discount I ever received on a new vehicle. 10%. That is all.
They don't care about their customers.
They only want their pay-day. It's clear as a bell.
Guess what: the highest ADM I will pay is the reverse of the highest discount I ever received on a new vehicle. 10%. That is all.
Advanced
Joined: Feb 2022
Posts: 90
Likes: 93
From: Raleigh NC
That's great and you, like everyone else, get to vote with your wallet. But if a GTS with a $100K ADM sells, then it is not absurd, it is - by definition - the market clearing price. I.e. other people voting with their wallet. And just because something is listed with a $100K ADM, it doesn't mean it sells for that. you have defined the "chance6 market value" - somewhat arbitrarily I might add - at the max discount you have ever received. But that does not define the greater market. Everyone else voting with their wallet does.
Registered User
Joined: Nov 2021
Posts: 82
Likes: 46
From: NY
Race Car
Joined: Jun 2018
Posts: 4,119
Likes: 1,768
From: Somewhere out East
Rennlist Member
Joined: Jan 2011
Posts: 1,347
Likes: 431
From: NJ
Rennlist Member
Joined: Nov 2017
Posts: 2,126
Likes: 840
None of this should be of any surprise to any of us. Lots of people with lots of money want these cars now, and there is no consistent way of getting them at the moment. Even if you have the money. So $100K ADM for driving out of the dealer with whatever upgraded variant of a 911, whether GTS, Targa 50, GT3, GT3T etc. should not move anyone's eyebrows in this short supply/high demand and manufacturing delayed market.
Rennlist Member
Joined: Jan 2011
Posts: 1,347
Likes: 431
From: NJ
None of this should be of any surprise to any of us. Lots of people with lots of money want these cars now, and there is no consistent way of getting them at the moment. Even if you have the money. So $100K ADM for driving out of the dealer with whatever upgraded variant of a 911, whether GTS, Targa 50, GT3, GT3T etc. should not move anyone's eyebrows in this short supply/high demand and manufacturing delayed market.