need a locate
#46
Last time I was in Stevens Creek Porsche for service, my rep told me about how they just took a trade in on a customers nearly new 2010 GT3 for an '11 RS. Of course, the customer was Henri Richard, pro racer and multi-zillionaire CFO here in silicon valley. Wish I had that kind of cash to chase my dreams!
#47
Slow is right on the money. Meissen a great Gulf substitute (if Porsche wont spray the original Gulf hue). It may be a just a tad washed out in comparison but its a fantastic vintage color - and I think it looks very good. On that particular RS I would have just stuck with silver wheels to accent the Meissen perfectly.
Last edited by Mr Michael B; 12-27-2010 at 05:29 PM.
#49
$30K off sticker for a new RS? Even if you found one car with a boatload of options and a $180K sticker, $30K+ off?
#50
Slow is right on the money. Meissen a great Gulf substitute (if Porsche wont spray the original Gulf hue). It may be a just a tad washed out in comparison but its a fantastic vintage color - and I think it looks very good. On that particular RS I would have just stuck with silver wheels to accent the Meissen perfectly.
I think "vintage" color is right -- on a period correct classic, it's a podium finish.
#51
CGT,
I meant the prices would firm up on USED cars when you can no longer get them new...
However, a NEW mid 150s sticker .2RS sold for 130 -- 2010 grey black, cash sale, McKenna, as reported to me by a friend in the know... is this an exageration? could be I suppose in the way that these types of stories are relayed... but say it was $135 then... still a chunk off MSRP...
I meant the prices would firm up on USED cars when you can no longer get them new...
However, a NEW mid 150s sticker .2RS sold for 130 -- 2010 grey black, cash sale, McKenna, as reported to me by a friend in the know... is this an exageration? could be I suppose in the way that these types of stories are relayed... but say it was $135 then... still a chunk off MSRP...
#52
CGT,
I meant the prices would firm up on USED cars when you can no longer get them new...
However, a NEW mid 150s sticker .2RS sold for 130 -- 2010 grey black, cash sale, McKenna, as reported to me by a friend in the know... is this an exageration? could be I suppose in the way that these types of stories are relayed... but say it was $135 then... still a chunk off MSRP...
I meant the prices would firm up on USED cars when you can no longer get them new...
However, a NEW mid 150s sticker .2RS sold for 130 -- 2010 grey black, cash sale, McKenna, as reported to me by a friend in the know... is this an exageration? could be I suppose in the way that these types of stories are relayed... but say it was $135 then... still a chunk off MSRP...
#54
CGT,
my bad... I was not clear in my original post
IMHO used pricing will firm up once the NEW and NOS (NOS cars being 2010 models since we are now basically in 2011) cars are gone... and until then I think a slow decline in used pricing is inevitable as is the case with most cars that are not difficult to locate.
I believe that NOS cars (2010s) on dealer lots can be had a significant savings over MSRP in certain instances... like an aging 2010 in your showroom that has not had any credible offers... you may jump on a "real" offer in order to get out of it... as every day your new 2010 grey black sits, is another day it is less attractive to the new buyer as it is "getting older" and another day for used low mile cars to be listed at $125 asking prices (see ZBB's beauty for sale)... So I can buy a used low mile car from an enthusiast at an asking price of $125 or buy a new one in the low/mid $150s... might motivate me if I am sitting on the "new" 2010.
My example posted:
new 2010 grey black msrp: low/mid 150s... say $153
He offered $130 cash
They countered at $139
He says he got it at $130 that day
what he actually paid... only he and the dealer know but a $139 counter on a low/mid $150s car in my mind is a signigicant discount off of msrp...
10 blue ones on dealer lots leads me to believe that there are at least 25-30 .2RS sitting on dealer showroom floors... If one is not picky about color/specs, I bet one could cut a fat hog so to speak. My example above is likely not the norm (yet).
what will a limited edition 500hp 4 liter rs do to the market... I thik they should hold off on that as IMHO it will not help move exisiting inventory.
my bad... I was not clear in my original post
IMHO used pricing will firm up once the NEW and NOS (NOS cars being 2010 models since we are now basically in 2011) cars are gone... and until then I think a slow decline in used pricing is inevitable as is the case with most cars that are not difficult to locate.
I believe that NOS cars (2010s) on dealer lots can be had a significant savings over MSRP in certain instances... like an aging 2010 in your showroom that has not had any credible offers... you may jump on a "real" offer in order to get out of it... as every day your new 2010 grey black sits, is another day it is less attractive to the new buyer as it is "getting older" and another day for used low mile cars to be listed at $125 asking prices (see ZBB's beauty for sale)... So I can buy a used low mile car from an enthusiast at an asking price of $125 or buy a new one in the low/mid $150s... might motivate me if I am sitting on the "new" 2010.
My example posted:
new 2010 grey black msrp: low/mid 150s... say $153
He offered $130 cash
They countered at $139
He says he got it at $130 that day
what he actually paid... only he and the dealer know but a $139 counter on a low/mid $150s car in my mind is a signigicant discount off of msrp...
10 blue ones on dealer lots leads me to believe that there are at least 25-30 .2RS sitting on dealer showroom floors... If one is not picky about color/specs, I bet one could cut a fat hog so to speak. My example above is likely not the norm (yet).
what will a limited edition 500hp 4 liter rs do to the market... I thik they should hold off on that as IMHO it will not help move exisiting inventory.
#55
However, a NEW mid 150s sticker .2RS sold for 130 -- 2010 grey black, cash sale, McKenna, as reported to me by a friend in the know... is this an exageration? could be I suppose in the way that these types of stories are relayed... but say it was $135 then... still a chunk off MSRP...
A fellow Rennlister I know told me his friend got offered this car for $141K, or $20K off its MSRP by McKenna. And this was three months ago! So the '10 Black Grey RS with mid-$150k MSRP that McKenna sold for $130K doesn't surprise me. In fact, nothing in this market is surprising to me anymore.
There appears to be (from my own observations in Autotrader, Cars and eBay) greater weakness in the market for $100K to $140K used .2 gt3 & RS than in the mostly sub $100K for used .1 gt3 and RS. z356
#56
CGT,
10 blue ones on dealer lots leads me to believe that there are at least 25-30 .2RS sitting on dealer showroom floors...
what will a limited edition 500hp 4 liter rs do to the market... I thik they should hold off on that as IMHO it will not help move exisiting inventory.
10 blue ones on dealer lots leads me to believe that there are at least 25-30 .2RS sitting on dealer showroom floors...
what will a limited edition 500hp 4 liter rs do to the market... I thik they should hold off on that as IMHO it will not help move exisiting inventory.
I think that artful deal making in these last few days before year-end and month-end could well land enough of a discount to take the sting out of loss on resale. This depression in prices on newer GT cars is seasonal -- that's not to guarantee a recovery cycle (hence) my comments on the dollar, but I'd take this to be a rare situation when I'd encourage a seller to hold fast rather than take a deal and be done. As with the financial markets -- it's bad timing to sell when there are no buyers. : )