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ADMs dropping

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Old 03-20-2023, 07:55 PM
  #601  
3uros
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Originally Posted by ipse dixit
I think there's actually less 992 C2 produced than there are 992 GT3.

But that's only one side of the equation.

Right or wrong, the demand for a GT3 far outstrips that for a C2.
Reminds me of when I toured the Zuffenhausen plant back in May 16. 8 out of 10 cars coming down the line that particular day were GT3 RSs ...primarily in Ultraviolet Purple...I am amazed at how many were GT3s as I always thought they were "limited" run models.
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Old 03-20-2023, 11:29 PM
  #602  
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I paid $5k ADM for a base cab this week.
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Old 03-20-2023, 11:31 PM
  #603  
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Originally Posted by snrubel
I paid $5k ADM for a base cab this week.
Thanks for sharing. What about trade-in?
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Old 03-20-2023, 11:31 PM
  #604  
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Originally Posted by snrubel
I paid $5k ADM for a base cab this week.
Probably W, since the next round may see a price increase greater than that.
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Old 03-20-2023, 11:44 PM
  #605  
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Trade deal was fair, nothing special, about KBB trade. I got an extra year of maintenance thrown in, so that’s worth a little.
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Old 03-20-2023, 11:48 PM
  #606  
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I should also mention that this was for a built car sitting at the port that Porsche gave to the dealer (dealer received no 992 allocations this month/quarter). So I will wait less than a week to receive it. Config was close to what I wanted, not perfect, but immediacy has value.
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Old 03-20-2023, 11:49 PM
  #607  
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Originally Posted by snrubel
Trade deal was fair, nothing special, about KBB trade. I got an extra year of maintenance thrown in, so that’s worth a little.
Originally Posted by snrubel
I should also mention that this was for a built car sitting at the port that Porsche gave to the dealer (dealer received no 992 allocations this month/quarter). So I will wait less than a week to receive it. Config was close to what I wanted, not perfect, but immediacy has value.
Thanks!
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Old 03-21-2023, 12:32 AM
  #608  
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Originally Posted by meyecul
Not so sure about that. While the demand for a GT product will always be well higher then GT production, it is still a niche market in the grand scheme. I would think far more potential "everyday" customers out there for a C2 or C2S on the budget side alone (not to mention characteristics) vs. a GT3.
Don’t you know - he tracks cars at Thermal - pretty sure he’s mentioned his track days a “few” times over the years. And he knows the PCar market better than us.
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Old 03-21-2023, 12:39 AM
  #609  
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Old 03-21-2023, 01:07 AM
  #610  
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Originally Posted by surquhar
Don’t you know - he tracks cars at Thermal - pretty sure he’s mentioned his track days a “few” times over the years. And he knows the PCar market better than us.

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Old 03-21-2023, 12:47 PM
  #611  
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Now that the taxpayer is bailing out all SVB depositors I guess the west coast ADM's will remain strong?
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Old 03-21-2023, 01:10 PM
  #612  
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^^Funny not funny.

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Old 03-21-2023, 01:18 PM
  #613  
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Originally Posted by snrubel
Trade deal was fair, nothing special, about KBB trade. I got an extra year of maintenance thrown in, so that’s worth a little.
KBB trade in values are always extremely high and generally unrealistic as just about anyone who is in that business will tell you. Your trade was healthy to say the least if you got near a KBB fantasy #. The only values that are worth paying attention to are the Manheim Black Book #s which are what is actually being paid and not some algorythm generated BS. Auction wholesale is in and around what trade in value will be in reality if not inflated by the rear ending guys are getting now with ADMs.
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Old 03-21-2023, 01:22 PM
  #614  
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Originally Posted by blackland
Now that the taxpayer is bailing out all SVB depositors I guess the west coast ADM's will remain strong?
Taxpayers are not bailing out SVB. Funds are coming from the slush fund setup post 2008 that was funded by bank fees. Yes one could argue that everyone with a bank account is paying for it but it is not taxpayer bailout.
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Old 03-21-2023, 01:30 PM
  #615  
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Originally Posted by shelbyking
KBB trade in values are always extremely high and generally unrealistic as just about anyone who is in that business will tell you. Your trade was healthy to say the least if you got near a KBB fantasy #. The only values that are worth paying attention to are the Manheim Black Book #s which are what is actually being paid and not some algorythm generated BS. Auction wholesale is in and around what trade in value will be in reality if not inflated by the rear ending guys are getting now with ADMs.
I’ve found the KBB trade-in number to be pretty accurate since it’s usually much lower than the private party value (which is pretty close to what car would sell on the market).
Last edited by SS22; 03-21-2023 at 01:31 PM.
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