Tons of 911’s for sale!
#526
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RealityGT (01-31-2024)
#528
Burning Brakes
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I'd list that on BAT too lol the 300 million people in the U.S. aren't looking on Canadian sites for cars. Look at all dealerships lots right now, stacked with new cars. Lots of people buying out leases etc.
#529
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They posted another one:
https://bringatrailer.com/listing/20...911-gt2-rs-11/
#530
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Likely partially a sign of can't sell within Canada. Need to sell it. More money if you find a US buyer.
#531
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Dealerships doing so well with the local economy/buyer group that they are posting on BaT:
https://bringatrailer.com/listing/20...911-gt3-rs-18/
https://bringatrailer.com/listing/20...911-gt3-rs-18/
#532
Rennlist Member
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Curious how many special cars ended up in the US from 2020 onward, versus average of previous years. Seems alot ended up on BaT and similar sites during the pandemic years when folks were sitting on money. Priced too high for CAD market but ends up being a deal for a US buyer after exchange and even after buyer fees/import/shipping,
Seen some good cars go south that will likely never make their way back to Canada.
Seen some good cars go south that will likely never make their way back to Canada.
#533
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Their posted GT2 RS could be this one that was "sold" on their website. KMs on the service report and the for sale ad match up.
This to me just looks like confirmation for the thread title, lots of 911s for sale and a need for market expansion beyond local to move cars. Cars are also being moved off their used inventory to create an illusion of sales (if above is true). Bothersome part is that at the same time, they are pushing unwanted EV cars, fear mongering of price increases on locals to move GT products at "MSRP".
![](https://cimg1.ibsrv.net/gimg/rennlist.com-vbulletin/1388x595/2024_01_31_13_43_21_buy_used_porsche_2019_porsche_911_gt2_rs_at_porsche_centre_oakville_31ace206575a2e8fb8a2041ff1cc55c99db12cb0.png)
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RealityGT (01-31-2024)
#534
#535
Drifting
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That 2RS was listed at about $600k and then dropped to 500k... now on BAT and I am curious to see what it goes for.
#536
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My feeling is that the market is gettingstronger as spring is approaching. The lower priced cars are starting to move out of the Porsche website inventory. The GT cars are still silly overpriced above MSRP and the prices have stopped dropping.
This Carrera 4 is nuts by the way: Targa 4 GTS money for a Carrera 4... https://finder.porsche.com/ca/fr-CA/...6&order=newest
This Carrera 4 is nuts by the way: Targa 4 GTS money for a Carrera 4... https://finder.porsche.com/ca/fr-CA/...6&order=newest
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gcurnew (02-01-2024)
#537
Rennlist Member
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My feeling is that the market is gettingstronger as spring is approaching. The lower priced cars are starting to move out of the Porsche website inventory. The GT cars are still silly overpriced above MSRP and the prices have stopped dropping.
This Carrera 4 is nuts by the way: Targa 4 GTS money for a Carrera 4... https://finder.porsche.com/ca/fr-CA/...6&order=newest
This Carrera 4 is nuts by the way: Targa 4 GTS money for a Carrera 4... https://finder.porsche.com/ca/fr-CA/...6&order=newest
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Cityfisher (02-01-2024),
RealityGT (02-01-2024)
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LastMezger (02-01-2024)
#539
Drifting
#540
Drifting
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The BOC target inflation is 1-3% and current CPI is 3.4% (ticking up). The BOC shouldn't even consider lowering rates until CPI is under 3% for at least a couple months. If the dual mandate to maximize stable employment is considered, we also have very low unemployment, so further stimulation by the BOC is not needed. My prediction is that it's going to take a lot longer to see cuts in interest rates than the media and people think. Maybe one .25% cut in late 2024 if inflation sneaks under 3.0% and unemployment ticks up. The narrative will be "stubborn sticky inflation", but there will be strong political pressure (from both the left and the right) on the bank to lower it because high interest rates are painful.