Peter,
I will once I decide if I'm going to buy one -- don't want to bring in other buyers on cars I'm looking at, that would surely drive the price up. But I promise once I decide on one and sign on the dotted line I'll post the dealer info.

I certainly understand you have a vested interest in GT3 prices keeping up since you're selling your slightly used GT3, and am not posting this to get you to lower your price, FYI.

Scott

 

ps I'm not saying every dealer is selling under MSRP. I'm saying I'm finding new cars at dealers that they seem to be "motivated" to move. When I first emailed the dealer I'm probably going to buy from, he told me "GT3's are generally MSRP vehicles, but feel free to make an offer". I made an offer of $7k under MSRP and then ended up at $8k under with one, and $12k under with another. I would have signed for it Saturday but they havent sent me a copy of the window sticker as I asked yet, and now its a holiday weekend. So I'm waiting to hear back, but am going out of town Tues-Friday so I may not come to an official deal till the following week..

 

I'd also be interested to hear which new GT3's are available at the prices you're talking about, since I'm currently looking for one.

Also, I'm confused by your statement:
"I made an offer of $7k under MSRP and then ended up at $8k under."
The dealer negotiated you down in price? How does that happen?

 

Yea I should have clarified that. The MSRP was $107k and I initially said I'd probably buy it if they'd come down to $100k but that I was also looking @ another GT3 at another dealer with a lower MSRP (and therefore a lower price, which I preferred). The dealer asked what price would make me "decide now and be done with my shopping?" I said $99k if he faxed me the window sticker and paperwork with no additional charges etc. They did fax me the paperwork but no window sticker, and now its a holiday weekend... so I'll see what happens tomorrow...

Scott

 

PS Holger what color are you looking for? There's a lightly optioned silver GT3 at my local dealership, $104k MSRP, Crown Porsche in Charlottesville, VA. I didnt negotiate with them at all as I don't want silver, but I can take pics if you are interested.

Scott

 

I'm flexible on the color (although I would prefer to stay away from black, yellow or silver). I need full leather (the one's without look really cheap in my mind) and steel brakes (PCCB costs too much and has a checkered history).

Thanks for your help. Let me know if you pass on a car that fits my criteria.

 

I am looking for black, so you won't want my rejects. ;-) I will pass along any other colors I run across, especially if its at a dealer who seems willing to deal! My local dealer is a small one and only has the one silver one in stock.

Scott

 

" if that's true tell me why they wouldn't ship it to CA for $1K, on the dealer car carrier, sell it for $8K more, and split the net $7K between dealers?"

hoehn does that with turbo cayennes already and i wouldn't be surprised to see em do it with GT2 and 3s. however, hoehn has a customer who wants to sell his GT3 and they probably wouldn't pay more than $90k (wholesale).

 

last 11/2003, i bought my car 9 under privately, the next step is dealer's 8 under as you mention... a great buy.

 

So what was it, Mr. Watt? First you wrote you bought a "new" one for 9 under. Above you wrote you bought that one "privately", but 8 under is a great buy.

Or are we manipulating a bit here? :-)

 

Ben, the Hoehn customer you mention is probably me. So if they do that on Cayennes, why not GT3s? Cayennes are moving very slowly. GT3s are blowing out in days.

What I don't get about this -- if someone really wanted to limit their relative depreciation on a GT3, and found a great deal, it seems to me they would do it privately and quietly, hoping they would buy under market and sell at market.

It seems like public Internet posts that talk about how low prices are going are instead attempts to adjust the market, and talk dealers and individuals down (people here are well aware that dealers read the Web forums).

This isn't personal Scott - all 4 people who posted "GT3 prices are coming down type messages" on this very thread have separately and previously made offers on my GT3 for sale (along with about 20 other offers in the mid 90s the first day I posted it). I think most of them are fishing - most admitted they had another car to sell, and most will probably not buy (when they get shocked that they cannot get $70K for their C2).

 

i don't know what they put in the water out in california, but you guys are just in sub-optimal-car-buying-land. i've watched all sorts of marquees and models go for stupid money out there and i've never quite figured it out.

of course some GT3s are going tor below sticker today. why on earth is that difficult to believe? it's not like these things are going to APPRECIATE, right? so they have nowhere to go but down. the only issue being bandied about here i guess is where in time that inflection point is. some folks are arguing it's happened; some are arguing it is happening; and if you're unfortunate enough to be buying in CA, i guess it hasn't happened yet.

GT3s are not "flying off the showroom floor". they WERE, but all the pent up demand is served now. some cars i looked at weeks ago are still available. i have talked to a dozen or more dealers over the past month or two and only one of them didn't have a GT3 on the floor or incoming. most had one on the floor and one or more yet incoming and unclaimed. some had two on the floor.

as a comparison, there are dealers with new (NEW) 2002 and 2003 GT2s on the lot still. same market logic. why on earth arent' they sold? those guys will take whatever's offered - the carrying costs are way non-trivial.

it's just supply and demand. they're selling to the tire-kickers now who came to the party late (for better or for worse) and aren't making a religious commitment. maybe some of us have learned the hard way: i made a religious commitment on my 996TT and got ***-raped on resale. fool me once, shame on me.....

and remember, we still have yet to see the delivery of all of the initial 750 cars - never mind the rumored 200 extra. if PCNA came out and said "no - 750 is it - the rumor of the 200 extra is hogwash" i think it'd firm the market up pretty good for the remainder of the cars. but given PAG's history of proclivity to milk (rational for them, but painful for buyers down the road) i have no doubt they'll keep producing (though i'd love to be told i'm wrong!).

buying a car remotely is an anomaly. the vast majority of people will never do this. shipping a car across the country is expensive and entails risk.

doody.

 

FOLLOWUP1:

here are the detailed monthly sales figures:

http://forums.rennlist.com/rennforum...hreadid=143181

if we assume 06/05-07/04 deliveries were about 80 units, (the average of the three prior data points) we're at about 650 units so far. the majority of incoming cars now were not ordered by customers and there may be 300 more to go.

how can this not be categorized as "over-supply"?

FOLLOWUP2:

another angle to consider is that buyers right now were not able to order the cars to their specs. i was unable to find any dealer with allocations available - they had all been spec'd already for stock. so buyers right now aren't getting exactly what they want - unlike if you had ordered and spec'd it up the wahoo. so that will affect what buyers are willing to pay as well.

doody.

 

I have decided to wait on a GT3 until my new garage is all done, so here's the one I was looking at. Peter I wish I could say you can get what you're asking for your used GT3, but I don't think you can, at least not east of California. You can certainly try and perhaps you will -- but I'm finding GT3's for well under MSRP out there.

MotorWerks of Barrington, IL
http://www.motorwerks.com/
847-304-3032
Allen Skillicorn
MSRP $106,090 + $995 3m ClearBra = $107,085.00.

They are ready to sell to me for $99,000 with no other fees etc.
I actually thought MSRP was $111,000 which is what is says on their website, so I think $99k is too much to pay for this car -- I think $95-96k would be more realistic.
It's new Black GT3 with something like 46 miles on it.

 

So first you talked him down to $100K, then $99K, and now you say it's only worth $95K. If he would do it at $95K would you then say it's worth $92K?

I'm glad I'm not a car salesman. I think after I sell these Porsches I'm all done buying expensive cars forever (I guess that would only be an issue should I again be in a position to buy one that is :-). This is a pain in the @$$. They are indeed fun, but to me this takes all the fun right back out of it.