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Price drop on the RS

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Old 02-25-2009, 11:50 AM
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Default Price drop on the RS

I'm dropping the price to $122,000. Please pass the word. The car needs to go. Thanks! It is in the classifieds listed also.
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Old 02-27-2009, 01:34 AM
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richk
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Very fair price...unfortunately this economy has reduced the number of buyers considerably!!!
Old 02-27-2009, 01:43 AM
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very fair price. i even showed the pic of your car to my wife and she said eewww! trying to see how she would react if i brought a car like that home...who needs her opinion anyway. haha (j/k honey)
Old 02-27-2009, 02:22 AM
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If someone will subsidize me I will buy it. I need a trade in for my AMG and about $70k and I can do it!!
Old 02-27-2009, 02:46 PM
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It does appear that there are a shortage of buyers out there right now unless it is a screaming deal. I think I may put it on ebay at 120 with no reserve and see what happens. If it doesn't sell then, pick it up and drive that beast until the market returns. Heck, I haven't driven it since the new engine has been installed.
Old 02-27-2009, 03:00 PM
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Market stinks with lots of fence sitters (I am one of them). If possible I would drive and enjoy the price penalty now is just too substantial IMO.
Old 02-27-2009, 05:29 PM
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Originally Posted by ZBB0730
It does appear that there are a shortage of buyers out there right now unless it is a screaming deal. I think I may put it on ebay at 120 with no reserve and see what happens. If it doesn't sell then, pick it up and drive that beast until the market returns.
The world economy is in a phase of deleveraging and asset deflation. This is not a common or garden variety cyclical downturn. Expecting the market for overpriced used cars to improve is very wishful thinking, IMHO.

If you don't get your price then by all means just drive the thing and enjoy it. But if you absolutely must sell it, then take what you can get right now. It would take a miracle for the market to return any time soon, and as the new GT3 draws closer, the current models are only heading one way - south.

GL with the sale. It's a fantastic car regardless of the economy.
Old 02-27-2009, 05:41 PM
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Originally Posted by SpeedGeek
The world economy is in a phase of deleveraging and asset deflation. This is not a common or garden variety cyclical downturn. Expecting the market for overpriced used cars to improve is very wishful thinking, IMHO.

If you don't get your price then by all means just drive the thing and enjoy it. But if you absolutely must sell it, then take what you can get right now. It would take a miracle for the market to return any time soon, and as the new GT3 draws closer, the current models are only heading one way - south.

GL with the sale. It's a fantastic car regardless of the economy.
Thanks...just listed it for $119400 with no reserve. I agree with you, but I don't think my car is overpriced by any means. I also think the RS's will remain a great value in the states since the new GT3 debuts above the 120 mark for a base price. If they even make an RS for the US, it will start in the $140's or higher. So, at 120, it's a bargain. (wished I could a drive a 996 version RS to see the difference!..beautiful car!)
Old 02-27-2009, 06:24 PM
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I thought the new GT3 was starting at $112k?
Old 02-27-2009, 06:27 PM
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I thought the new GT3 debuts at $112k base? If it's $120 then I agree $119k would not necessarily be overpriced for your car. Regardless, I just think used cars, which are depreciating assets, are only headed one way for the foreseeable future.

The 996 RS is a crude and basic beast next to the 997. And a bit more fun too, which is why I still have it. However, the 3.8 beckons...
Old 02-27-2009, 06:38 PM
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Originally Posted by SpeedGeek
I thought the new GT3 debuts at $112k base? If it's $120 then I agree $119k would not necessarily be overpriced for your car. Regardless, I just think used cars, which are depreciating assets, are only headed one way for the foreseeable future.

The 996 RS is a crude and basic beast next to the 997. And a bit more fun too, which is why I still have it. However, the 3.8 beckons...
Yes, the MSRP on the new GT3 starts at 112 and change. Agreed regarding used car prices. I can't remember the last time non-classic used cars went up in value.
Old 02-27-2009, 06:44 PM
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Originally Posted by am722
I can't remember the last time non-classic used cars went up in value.
Agreed, don't think any current Porsche will ever go up in value as they are too mass produced. However GT3 and RS are always more desirable, so their value will go down slower, but still will not go up, as they are just toys, not investments.

Also agreed that the 997.2GT3 is hurting the RS value as I will rather buy a newer car that is faster and has some useful new technology.
Old 02-27-2009, 09:18 PM
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Originally Posted by SpeedGeek
I thought the new GT3 debuts at $112k base? If it's $120 then I agree $119k would not necessarily be overpriced for your car. Regardless, I just think used cars, which are depreciating assets, are only headed one way for the foreseeable future.

The 996 RS is a crude and basic beast next to the 997. And a bit more fun too, which is why I still have it. However, the 3.8 beckons...
wow, you plan to give up the 6RS for the 3.8L....

me too.
Old 02-28-2009, 10:18 AM
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Well, I stand corrected on the price of the new 3. I actually got that price off of a post here when they were first introduced.

Anyway, I listed my car starting at $115,000 on ebay!!! I'm going to make a valiant effort to sell it in the next week. Then, I'm picking her up for sure if it doesn't sell. We will see what happens!
Old 02-28-2009, 10:22 AM
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Damm Roger, just go retreive that car already and put me out of my misery...

I shoulda waited a bit longer, low miles, black, cpo, new engine.......


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