[FourWheelTrader] Warning: Don't Buy a Porsche 911 Carrera Until You Watch This!
#1
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992 begins @6:10
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Honza (03-05-2023)
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03-05-2023, 08:57 PM
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#2
Burning Brakes
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What exactly is the data point of "price"?
I have yet to see/hear him explain that.
Just curious.
I have yet to see/hear him explain that.
Just curious.
#3
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Let me summarize: If you paid ADM on a GTS or S, you’ve now lost it all
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It reinforces my gratitude of having gotten a D in Accounting and Finance in college; meaning I would never have to take this stuff again. I need a drink after that...![cherrsagai](https://rennlist.com/forums/graemlins/drink.gif)
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siberian
Last edited by siberian; 03-05-2023 at 09:12 PM.
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ADM = Absolutely Disposable Money
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#7
Racer
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Let's be a little bit real here...we spent a lot of disposable income on a nice car and enjoy driving it. I would venture to guess that there are not a lot of owners here that will be influenced too much worrying if they should hold off buying because things might go south.
Last edited by tomtomtomtom; 03-06-2023 at 09:25 AM.
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#8
Burning Brakes
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There's some misunderstanding here probably based on the clickbaitey title...this video reviews the USED market for all modern generation Carreras. It doesn't speak to new car prices. So while I would agree that yes, in general ADM is money lost, the video simply points out that the used 911 market is trending towards pre-pandemic levels.
It also shows some interesting secondary trends, like S and GTS models more recently losing value at a faster rate than the base models in some generations.
It also shows some interesting secondary trends, like S and GTS models more recently losing value at a faster rate than the base models in some generations.
#9
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There's some misunderstanding here probably based on the clickbaitey title...this video reviews the USED market for all modern generation Carreras. It doesn't speak to new car prices. So while I would agree that yes, in general ADM is money lost, the video simply points out that the used 911 market is trending towards pre-pandemic levels.
It also shows some interesting secondary trends, like S and GTS models more recently losing value at a faster rate than the base models in some generations.
It also shows some interesting secondary trends, like S and GTS models more recently losing value at a faster rate than the base models in some generations.
#10
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From what I am hearing, TT and TTS allocations should be coming down the pipeline in more volume than in the past 2 years. Not sure if that means there will be more allocations than GTS, as I am not sure how GTS v. TT/TTS allocations compared historically.
#11
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Resale has dropped pretty dramatically on the TTS, I think. Some people who paid $100k over sticker are going to get hammered. TTS has never held value like a GT car, so pricing them like a GT car was a ticking time bomb. Same with GTS and S.
Really it depends on what you're paying - if you're getting a TTS at sticker, you'll be fine. You'll take a depreciation hit come resale time, but that's normal.
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With the annual price increases on 992's, I would think this helps keeps the secondary market pricing strong. At least I hope it does as I'm about to purchase a 2021.
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