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Just when you start to think the 993 market is soft...

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Old 03-19-2009, 09:49 PM
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RallyJon
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Cool Just when you start to think the 993 market is soft...

...along comes Truspeed to spell out the good news. Never stronger!

http://mall.rennlist.com/scripts/fea...query=category
Old 03-19-2009, 10:02 PM
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Greg964
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I think these guys, along with Victory and Holt, are in denial of the current used Porsche market. Are people actually buying cars from these dealers at or near their asking prices??
Old 03-19-2009, 10:03 PM
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ga993
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geez, how did they inflate their inventory that much? Maybe they have been buying at fire sale prices from the unfortunate desperate private sellers.
Old 03-19-2009, 10:04 PM
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race911
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I kinda lost focus in trying to keep all that inventory straight.

"Good news", how? Because they're sitting on a bunch of inventory that, to my casual glances, has not turned much at all?
Old 03-19-2009, 10:15 PM
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Cactus
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Your link didn't work for me but I'm really feeling that Silver/Red Turbo!!!
Old 03-19-2009, 10:21 PM
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Have you seen the prices of the 993TTs on AutoTrader? They seem to have gone up in asking prices me thinks....
Old 03-19-2009, 10:29 PM
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Maybe I'm in the same kind of "denial" but I still believe that the market for well-maintained, limited production cars like the 993 is not "soft". Sure, there will be folks who, for various reasons, may have to sell their cars and, in doing so, take a "bath" but I think they are in the minority. Those who owe more on their cars than they're worth are "upside down" like some in the housing market. That's not a pleasant situation and certainly has some effect on the market when they have to sell. Nevertheless, there are still folks out there with money waiting for the right car to come on the market.
Old 03-19-2009, 10:37 PM
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justinsrx7
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Remember, this crash happened during the winter and that is always a crappy time to sell a sports car. The true test of the market happens in the next couple of months. You will either see people paying those prices, or the prices being reduced in order to get them sold. Stay tuned.
Old 03-19-2009, 10:48 PM
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With many people looking at buying a used car (due to the economy), a good quality 993 is a bargain compared to a $100,000 997, plus it looks better and will hold its value better.
Old 03-19-2009, 11:10 PM
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grwoolf
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At least a couple of the wide bodies have been there since Oct. when I was still looking. They haven't reduced the asking price, but there was some significant negotiation room back then, so probably even more wiggle room now.
Old 03-19-2009, 11:37 PM
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Fahrer
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You are all dreaming. There are many brand new 997s are available for $75000 with less than 50 miles. Truspeed is putting out a feel good advertisement! 2008 and 2009 models are available for $10K to$18K off list with basically no miles in the NY/NJ/PA area. These are not classic 911s but they are new and superior in performance!
Old 03-20-2009, 12:13 AM
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aribop
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Just because they are asking these prices does not mean they are selling at these prices...
Old 03-20-2009, 01:54 AM
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DC from Cape Cod
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I would rather have a $70K 993 than a $70K 997 any day of the week.
Old 03-20-2009, 02:22 AM
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2008 and 2009 models are available for $10K to$18K off list with basically no miles in the NY/NJ/PA area.
I recently had a conversation with an Aston dealer on the West Coast who told me the high end dealers in the NY area saw big cancellations on orders and people walking away from their deposits due largely to the nonexistant Wall Street bonus pool this year. That gives the dealers a lot of room to negotiate and drags down the prices on 1-2 year old cars. We're seeing the same thing here but to a much lesser degree because we're not as dependant on the bonus cycle. If you want a late model luxury/sports car this is a great time to be a buyer.
Old 03-20-2009, 02:43 AM
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How about a 997 GT3 for low $80K and 997 GT3 RS under $100K? Very tempting. That is the landscape now a day.


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