The 997 GT3/RS Cars For Sale Thread...
BTW the other orange you posted was $239k right, nearly identical spec... guess we will see the difference between 7k miles and 14k miles.
4 digit odometers always seem to be the cat's meow for many. There was a $20k price delta when I was trying to pick my car. One car had 10k miles and the other had 15k. I kept the cash.
I think the cash is out there still but it was much easier for people to justify when they tell themselves “it won’t go down”.
I would love to see the purchase basis for all the GT3’s out there. If we added up all the GT3s sold in the last 12 months, i bet it’s only a small handful that wouldn’t trade in the money still.
I wonder how many of us are willing to ride the train till we are upside down… I bet it’s most. Which means even if a few are sold at a loss the volume will slow to a crawl.
I consider this car to be a safe place as any to store value because very few prior to 21’ minus Snaveed and dealers bought it on speculation imo
I would love to see the purchase basis for all the GT3’s out there. If we added up all the GT3s sold in the last 12 months, i bet it’s only a small handful that wouldn’t trade in the money still.
I wonder how many of us are willing to ride the train till we are upside down… I bet it’s most. Which means even if a few are sold at a loss the volume will slow to a crawl.
I consider this car to be a safe place as any to store value because very few prior to 21’ minus Snaveed and dealers bought it on speculation imo
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Robocop305 (09-27-2022)
I think the cash is out there still but it was much easier for people to justify when they tell themselves “it won’t go down”.
I would love to see the purchase basis for all the GT3’s out there. If we added up all the GT3s sold in the last 12 months, i bet it’s only a small handful that wouldn’t trade in the money still.
I wonder how many of us are willing to ride the train till we are upside down… I bet it’s most. Which means even if a few are sold at a loss the volume will slow to a crawl.
I consider this car to be a safe place as any to store value because very few prior to 21’ minus Snaveed and dealers bought it on speculation imo
I would love to see the purchase basis for all the GT3’s out there. If we added up all the GT3s sold in the last 12 months, i bet it’s only a small handful that wouldn’t trade in the money still.
I wonder how many of us are willing to ride the train till we are upside down… I bet it’s most. Which means even if a few are sold at a loss the volume will slow to a crawl.
I consider this car to be a safe place as any to store value because very few prior to 21’ minus Snaveed and dealers bought it on speculation imo
Not enough people in the room on this one and I think the fact that most knew that the seller was looking for something like $329 or 339k, they just said why waste the time. I mean, an auction is exciting when we have no idea on what the reserve is or what the seller thinks he's getting. These were known facts going in to the auction. I didn't even watch it for this reason. Also I don't know if the seller commenting more than the peanut gallery, present company excepted, hindered the auction, but I think not.
Anybody know anything of this one?
its in Houston, looks to be Meteor....https://www.autotrader.com/cars-for-...ckType=listing
its in Houston, looks to be Meteor....https://www.autotrader.com/cars-for-...ckType=listing
The pool of buyers for this car was very small. If you are a short term flipper, you are taking too much risk by putting a strong bid given the current economic environment/uncertainty. Same thing if you are a dealer, you are already sitting on your inventory of sport cars because of the the stupidly high prices you are asking and interest rates going through the roof. If you are an enthusiast who is planning on driving the car, why would you pay a significant premium for a low mileage car? If you are a long term investor, you want a car that is perfect. This one was not (delaminating carbon fiber on the dash, driver seat in questionable condition given the mileage, aftermarket roll-bar…That leaves us with individuals with FU money who don’t mind losing $$$. Wether we like it or not, the market is adjusting.
The pool of buyers for this car was very small. If you are a short term flipper, you are taking too much risk by putting a strong bid given the current economic environment/uncertainty. Same thing if you are a dealer, you are already sitting on your inventory of sport cars because of the the stupidly high prices you are asking and interest rates going through the roof. If you are an enthusiast who is planning on driving the car, why would you pay a significant premium for a low mileage car? If you are a long term investor, you want a car that is perfect. This one was not (delaminating carbon fiber on the dash, driver seat in questionable condition given the mileage, aftermarket roll-bar…That leaves us with individuals with FU money who don’t mind losing $$$. Wether we like it or not, the market is adjusting.
https://bringatrailer.com/listing/20...carrera-gt-13/
The owner is retired and I think he's not able to get in without compressing it. It's that, or he likes to hang out at car meets with one leg outside the car.
29k-mile Gray/red .2 RS. Steel brakes and FAL. Mods from what I can see include a roll bar, different pedals, aftermarket exhaust, and an auto blipper. Car is priced at $269k. This car did belong to at least one Rennlist member.
Current listing:
https://www.ferrarilosangeles.com/au...--ca/70095191/
When listed by Merit Partners in 2016 @ 18k miles:
https://www.meritpartners.com/featur...1-997-2-gt3rs/
VIN: WP0AC2A97BS783247
Current listing:
https://www.ferrarilosangeles.com/au...--ca/70095191/
When listed by Merit Partners in 2016 @ 18k miles:
https://www.meritpartners.com/featur...1-997-2-gt3rs/
VIN: WP0AC2A97BS783247
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fijibubba (09-28-2022)