The 997 GT3/RS Cars For Sale Thread...
#331
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So start writing letters
#333
GT3 player par excellence
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This is not the best analogy (i'd go so far to say that it's actually a pretty bad analogy) because milk is a CPG product (consumer package good). It's consideration period is almost nil and it's pricing model is inelastic. The auto purchase funnel is empirically much longer and it has an elastic pricing model. Milk is a staple product within its category. A GT3 is an aspirational product. Even within their product categories, CPG and Auto respectively, they are on the exact opposite ends of the product spectrum. A better analogy would be something like caviar which you certainly wouldn't just go pop into your local 7/11 to buy.
I could go on and on. This is a really bad analogy.
I could go on and on. This is a really bad analogy.
1 my comment is not an analogy but rather tongue in cheek comment
2 the very very best RS are inelastic and not traded here in RL or any site u can find line. ex, some feel $400-500 for a rs4.0 is high. let me just say some I know personally are trading almost 2x that price. no, I'm not making that up. but these aren't regular 4.0 either. to those guys, price is superseded by their desire to want that specific car.
3 the average gt3/RS mkt is transparent. when price is down, some of us will buy them up. then price goes up again. look at 996gt3 and 997.1 gt3. for a while they were cheap. so much so, they were big ugh and stripped into track cars. at $50000 I bought sic 996gt3 four years ago. I drive all of them and beat the hell out of them bc for 50, there was nothing better. and other ppl knew that too, so quickly there were no more 50000 6gt3. unless u time the mkt perfectly, there's no reason to wait for the mkt to come to u. u should goto the mkt and get it done.
that's just one crazy nut's opinion of course.
#334
Rennlist Member
I get it
1 my comment is not an analogy but rather tongue in cheek comment
2 the very very best RS are inelastic and not traded here in RL or any site u can find line. ex, some feel $400-500 for a rs4.0 is high. let me just say some I know personally are trading almost 2x that price. no, I'm not making that up. but these aren't regular 4.0 either. to those guys, price is superseded by their desire to want that specific car.
3 the average gt3/RS mkt is transparent. when price is down, some of us will buy them up. then price goes up again. look at 996gt3 and 997.1 gt3. for a while they were cheap. so much so, they were big ugh and stripped into track cars. at $50000 I bought sic 996gt3 four years ago. I drive all of them and beat the hell out of them bc for 50, there was nothing better. and other ppl knew that too, so quickly there were no more 50000 6gt3. unless u time the mkt perfectly, there's no reason to wait for the mkt to come to u. u should goto the mkt and get it done.
that's just one crazy nut's opinion of course.
1 my comment is not an analogy but rather tongue in cheek comment
2 the very very best RS are inelastic and not traded here in RL or any site u can find line. ex, some feel $400-500 for a rs4.0 is high. let me just say some I know personally are trading almost 2x that price. no, I'm not making that up. but these aren't regular 4.0 either. to those guys, price is superseded by their desire to want that specific car.
3 the average gt3/RS mkt is transparent. when price is down, some of us will buy them up. then price goes up again. look at 996gt3 and 997.1 gt3. for a while they were cheap. so much so, they were big ugh and stripped into track cars. at $50000 I bought sic 996gt3 four years ago. I drive all of them and beat the hell out of them bc for 50, there was nothing better. and other ppl knew that too, so quickly there were no more 50000 6gt3. unless u time the mkt perfectly, there's no reason to wait for the mkt to come to u. u should goto the mkt and get it done.
that's just one crazy nut's opinion of course.
2) They aren't inelastic nor elastic in this scenario (which agreed is a very real scenario) because this scenario isn't a market. So, market economics don't apply.
3) This is a good example of a market influencer. When the market is relatively small and a relatively small circle know and control the market (verrrrry loose definition of control) the behavior of a select few can shape the market. A lot of you guys here trade these things like baseball cards. a) because you can b) because you know how awesome they are. a + b = c) you end up influencing the market and it happens to be in your favor and hooray! you all win! also, d) you share your stories and knowledge with us and it provides huge amounts of value to those outside the market and actually educates their ability to enter the market which actually e) HURTS your ability to affect the market in your favor so f) you should probably close your accounts here and stop bag feeding us all this juicy info on the market for free if you do actually care about JUST market performance but g) you DON'T just care about market performance you also care about BEING IN the market and sharing market info with others which is why h) i thank you and ask you to keep on doing what you're doing.
Edit: I will add that this only applies to a market influencers ability to 'control' the market. Since there are no more 997/6 gt3/rs's being made supply is static (or shrinking when some bozos accordion them in a tire wall or tree). so any increase in market size is all on the demand side which is good for sellers, bad for buyers and bad for market influencers. So if you've got 'em flaunt 'em. You'll make more money, but you'll have negatively affected your ability to control the market.
#335
GT3 player par excellence
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very well constructed market theory
I wish I can utilize to my advantage. but my forte has always been buy high sell low. ask anyone here who bought my cars
I wish I can utilize to my advantage. but my forte has always been buy high sell low. ask anyone here who bought my cars
#336
Can anyone tell me about this car?
http://www.gt3rsregistry.com/2010GT3RS/vin/3756.htm
It's currently up for sale ~6K miles; asking 220K. Clean carfax and DME.
http://www.gt3rsregistry.com/2010GT3RS/vin/3756.htm
It's currently up for sale ~6K miles; asking 220K. Clean carfax and DME.
#337
Rennlist Member
You see, you fly, you buy, easy...
#338
Ya I was hoping someone here was the previous owner. Anyways, I made some time from my work to fly out there in a couple of weeks if it's still for sale then. I'm stuck on the east coast.
#339
Burning Brakes
I now have the same car after all that.
Good luck.
#340
Thanks modena. The carfax checks out; I have not done an autocheck but might run one before I book the flight. It looks pretty well maintained and I can't find anything sinister about it on-line
#341
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Advice needed on a 07 GT3.
Came across a used GT3 with 40k miles, mostly stock with exception of muffler.
Pic of the car look super clean. No range 2 or higher overrevs, seems not to have any track time as the average speed in DME is really low.
Has an accident reported on Carfax a few years back and was disclosed by the owner, no air bags deployed but car was towed. I'm told rear quarter panel needed to be changed. Car doesn't seem to have service records. What do you guys feel it's worth?
Came across a used GT3 with 40k miles, mostly stock with exception of muffler.
Pic of the car look super clean. No range 2 or higher overrevs, seems not to have any track time as the average speed in DME is really low.
Has an accident reported on Carfax a few years back and was disclosed by the owner, no air bags deployed but car was towed. I'm told rear quarter panel needed to be changed. Car doesn't seem to have service records. What do you guys feel it's worth?
Last edited by DriftKr6l; 07-10-2016 at 11:42 AM.
#342
RL Community Team
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Rennlist Member
Advice needed on a 07 GT3.
Came across a used GT3 with 40k miles, mostly stock with exception of muffler.
Pic of the car look super clean. No range 2 or higher overrevs, seems not to have any track time as the average speed in DME is really low.
Has an accident reported on Carfax a few years back and was disclosed by the owner, no air Pics deployed but car was towe. I'm told rear quarter panel needed to be changed. Car doesn't seem to have service records. What do you guys feel it's worth?
Came across a used GT3 with 40k miles, mostly stock with exception of muffler.
Pic of the car look super clean. No range 2 or higher overrevs, seems not to have any track time as the average speed in DME is really low.
Has an accident reported on Carfax a few years back and was disclosed by the owner, no air Pics deployed but car was towe. I'm told rear quarter panel needed to be changed. Car doesn't seem to have service records. What do you guys feel it's worth?
#344
Jack, the car described is yours? Is that what your saying? If so low 70s looks good, any more info on the carfax blemish?