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If the car is not available at the price you want, no reason to fret about it. Personally I believe that over time these huge premiums will completely evaporate unless it is something truly exotic or limited...CGT or (say) a 992 Sport Classic will always hold value.
As for the GT cars, I doubt that they will continue to command huge premiums. There are just too many of them.
I think it I sensible to avoid this overheated market right now.
Also, the ICE market will decline as the EVs take hold, so I would say the only people who will make serious money here are the flippers fi they can get out fast.
The way these dealers operate with their markup and allocations, I'll just continue to be patient and drive my 991.1 S. I'm too poor for them to sell to me
What's the interest rate on a car loan right now? 7 to 10%? What about a lease rate? What's it cost for the dealer to finance their inventory? Somethings gotta give here.....
I've been shopping for a DD for my wife and this is very common. We want money!!
After 3 requests for a Carfax, it's dirty. Or the Carfax is 6 months old? It's like what are you guys hiding. Then if you include your phone number constant phone calls? Very amusing!
Market prices are what market prices are - but nothing wrong with throwing them a take it or leave it bid. If they leave it then who cares, find another car.
Was in at Downtown Porsche today and came across this 21 Spyder w/ 2500 km nicely optioned. The irony- the MSRP was $141k and selling for $169k (CPO till 26')
Beautiful color etc BUT $169k for a 21 yet again we are told the ole song and dance - its unique / special / limited ed ...blah blah blah....
As for getting a new one or a 911 GTS / GT3 etc ... 2 + years out and "if you qualify". Clearly they took a page out of the Rolex handbook. "If you spend enough
we may let you have one". 25 yrs in Cap Mkts - a good ole recession serves many purposes one of which is to cleanse the system of excess ... clearly supply/demand
out of whack.
Ever heard of this. "Finance price 78k. Cash price 85k". I have. GTFO. Lol.
Just thinking out loud but couldn't you just Finance or Lease the car for the lower purchase price, then buy it out after the first month and save a bundle? Although now that I think about it Leasing would be a bit problematic since there are transfer fees, safety certificate and ownership change. The financing scenario would be much simpler since the car would already be registered under your name.
Just thinking out loud but couldn't you just Finance or Lease the car for the lower purchase price, then buy it out after the first month and save a bundle? Although now that I think about it Leasing would be a bit problematic since there are transfer fees, safety certificate and ownership change. The financing scenario would be much simpler since the car would already be registered under your name.
It's just as easy to pay out a lease as a loan. Get the number from Porsche Canada, cut a cheque and it's done. I've done it on two 911s and a Cayman.
I never explored it further. I just assumed there was a massive buyout penalty. There is a dealership chain around my area that will only sell you a car if you finance. These aren't Porsche dealerships I am talking about here, so reputation isn't exactly great either. But hey I just gotta have it sometimes.....
They also have two Spyders that will be coming on the market shortly. They are both PTS, one is lime green and the other is a dark green (looks like Brewster).
12-21-2022, 11:17 AM
