Flipped GT3.2's
Discussion
In a way everyone is right...but using their 'one example' to suggest it is the norm or disprove other examples.
An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above
...and not all dealerships will entertain all the above.
I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above
...and not all dealerships will entertain all the above.I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
Edited by LaSource on Thursday 24th May 09:57
Twinfan said:
Sporty doesn't really matter, I assume a reasonable number of Macans/Cayenne/Panameras have been bought/sold/traded. So big spend = GT3RS, as "rkwm1" states.
The main ways to secure a GT allocation appear to be, based on comments here on PH:
1) Spend lots on new cars, regularly, with the same OPC and trading/selling back to them. Constant cash flow for the OPC and a reward to the constant buyer for the profit gained by the OPC.
2) Trade in an existing GT product at favourable rates, thus again enhancing the OPC's profit margin.
3) Be a friend of family member of the OPC DP, Sales Manager etc
Your average Joe with one or two cars who wants to get a new GT car without taking a bath financially is therefore out of the game. I understand that's business and how life works, but to suggest the above scenarios don't happen routinely is a bit naive.
Well, out of your 3 options above, that doesn't describe me. I've only bought a used C2S out of the "normal" range. Never had a Panamera, Macan or Cayenne. Don't rotate a lot of cars, most of my cars (like CGT or 2.7RS) weren't bought from OPC and neither are they serviced there, and am not a friend or family member. I know several people in the same situation too.The main ways to secure a GT allocation appear to be, based on comments here on PH:
1) Spend lots on new cars, regularly, with the same OPC and trading/selling back to them. Constant cash flow for the OPC and a reward to the constant buyer for the profit gained by the OPC.
2) Trade in an existing GT product at favourable rates, thus again enhancing the OPC's profit margin.
3) Be a friend of family member of the OPC DP, Sales Manager etc
Your average Joe with one or two cars who wants to get a new GT car without taking a bath financially is therefore out of the game. I understand that's business and how life works, but to suggest the above scenarios don't happen routinely is a bit naive.
AndrewD said:
Well, out of your 3 options above, that doesn't describe me. I've only bought a used C2S out of the "normal" range. Never had a Panamera, Macan or Cayenne. Don't rotate a lot of cars, most of my cars (like CGT or 2.7RS) weren't bought from OPC and neither are they serviced there, and am not a friend or family member. I know several people in the same situation too.
nice place to be if you can walk into your OPC and order any GT car you wish no questions asked, new RS GT2 inc.esp as you don't have your cars even serviced there !!!
AV185 seems to get the same VIP easy allocation.
no ones going to admit how they are so lucky on a forum I guess so for the other 300 people reading we are in wonder about people who get every thing so easy.
As you stated you are not 1,2,,3 in that list, you did not state you are not a 7 client ;-)
AndrewD said:
Why would anybody spend £1m in 4 months to get a GT allocation when it would be quicker and cheaper to pay overs for a delivery miles car? Sorry if I misunderstood you.
Also, I know a number of people who got recent GT cars (GT3 and .2 RS) who haven't got huge collections and in fact this was their first GT car. The common denominator wasn't that they were out to get a deal on a car offering free motoring, which let's face it many people clamouring for an allocation these days are.
Its a very good question. Vanity, trying to part of a clique, crypto millionaires? Who knows.Also, I know a number of people who got recent GT cars (GT3 and .2 RS) who haven't got huge collections and in fact this was their first GT car. The common denominator wasn't that they were out to get a deal on a car offering free motoring, which let's face it many people clamouring for an allocation these days are.
I also know of somebody who had only bought 1 car and was apparently given a GT3 allocation as he had become friends with the sales exec. But i'd guess this kind of situation is quite rare.
Tbh, i have nothing against flipping cars, i've done a couple myself in my time. However the money i have made from cars has always been spent on buying other cars which i have ended losing cash on.
I just see this whole thing as a Ponzi scheme where some guys at the top get cash out but ultimately guys further down the line are going to get their fingers burnt at some stage.
This whole discussion about flipping cars and who's fault it is, is tedious. As long as people are willing to pay overs for cars (whether limited editions or simply to get in front of the queue) there is a market for the flippers. If you don't like it, don't buy at inflated prices - simple really. This is how all markets function - until somebody gets burned, then markets re-adjust.
hunter 66 said:
I agree it is difficult , I tried for .1 RS , R , GT3 .2 over a 4 year period and yes it was a bit frustrating but it was also hard for the dealership and my sales exec who is a great guy . But he was under pressure as well , not from a few but a hundred keen buyers as well as "investors " .
I have always loved my Porsches and am very lucky to have raced and won in many iconic models but am not a big buyer of road cars .
Yes thought of buying other brands and my Daily driver was a Fez , but Porsche is in my heart .
I was lucky and have a new RS at Reading , it was frustrating over the 4 years but not worth stressing over . A recent health scare has shown me about important things .
Regards
I'm looking forward to seeing pic/video of yours in London cars parks been revved from cold. lolI have always loved my Porsches and am very lucky to have raced and won in many iconic models but am not a big buyer of road cars .
Yes thought of buying other brands and my Daily driver was a Fez , but Porsche is in my heart .
I was lucky and have a new RS at Reading , it was frustrating over the 4 years but not worth stressing over . A recent health scare has shown me about important things .
Regards
LaSource said:
In a way everyone is right...but using their 'one example' to suggest it is the norm or disprove other examples.
An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above ...and not all dealerships will entertain all the above.
I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
very good, i'd say most of this is right!An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above
...and not all dealerships will entertain all the above.I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
Edited by LaSource on Thursday 24th May 09:57
hornbaek said:
This whole discussion about flipping cars and who's fault it is, is tedious. As long as people are willing to pay overs for cars (whether limited editions or simply to get in front of the queue) there is a market for the flippers. If you don't like it, don't buy at inflated prices - simple really. This is how all markets function - until somebody gets burned, then markets re-adjust.
Correct and my guess is the matches are in the post so fingers are going to get burnt very soon!LaSource said:
In a way everyone is right...but using their 'one example' to suggest it is the norm or disprove other examples.
An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above ...and not all dealerships will entertain all the above.
I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
I agree with all that!An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above
...and not all dealerships will entertain all the above.I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
Edited by LaSource on Thursday 24th May 09:57
I even gave evidence of number 7 going on to Porsche GB, but they chose not to act on it
. Instead I got banned from my OPC for raising concerns!!LaSource said:
In a way everyone is right...but using their 'one example' to suggest it is the norm or disprove other examples.
An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above ...and not all dealerships will entertain all the above.
I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
^ this. An OPC's allocation is going to be a 'portfolio':
1. there are the serial good customers who have great buying history, have cultivated a relationship, etc
2. there is the person who registered an interest a long time ago (4+ years) and patiently continued a dialogue and secured a car after a long time with no extensive buying history
3. there are the SOR sellers who flip a new GT car through the dealership and both share the spoils to secure the next car
4. there are the 'under flippers' who have returned a recently delivered GT car (sometimes literally weeks old) to get the next GT/RS car (sometimes the dealer returning only list to the person)
5. there is the person who buys a flipper priced car from the OPC and is rewarded a future allocation as the OPC recognises that they paid tens of thousands over the retail price
6. there is the more covert situation where an enterprising person has walked into a dealership, agreed to buy a number of non-GT cars as an incentive to jump the waiting list and secure a GT allocation on the spot (maybe end of accounting period helps)
7. there is the person who pays a brown envelope.
...I'm sure to have missed some above
...and not all dealerships will entertain all the above.I personally know of examples in each and every one of the above categories.
People in category 1 will be blind to all the other categories as it is not a conversation they ever need to have.
Category 4 can be a sub set of category 1 as they are the regular cash flow examples and will secure the majority of new GT cars...maybe skipping one every now and then so that the OPC can spread the allocation but usually in return for skipping a car they are promised the next model up (a sort of barter)
People in category 6 and 7 (and maybe some of the others) will NEVER own up to how they got their allocation (apart from to very close friends). So they pretend to be a category 1 or 2 person. Which is also why the other category 1 people do not know the other categories exist
People NOT in category 1 or 4 will spend more time worrying about the allocation model, be exposed to the other categories and therefore get excited about it, and write posts on PH
The reality is that OPCs have enough of category 1 and 4 already...and with the current behaviour of GT products (ie there is no downside to taking an allocation even if you do not really need it, or you crave social media adulation) the existing category 1 and 4 people are enough to soak up the small allocation the UK gets. So if you are not already in these categories you get exposed to all the other conversations....and thus we get the aforementioned Brexit effect of everyone is right in their echo chamber
The other one that I think is most definitely possible is being a very good customer of a franchise group across a number of different brands other than Porsche. A lot of the OPC's are owned by the big dealer groups so I think it's perfectly possible if you've bought cars from other dealers owned by Jardine/Strastone/Sytner/Rybrook etc that can get you a GT car allocation.
Cheib said:
The other one that I think is most definitely possible is being a very good customer of a franchise group across a number of different brands other than Porsche. A lot of the OPC's are owned by the big dealer groups so I think it's perfectly possible if you've bought cars from other dealers owned by Jardine/Strastone/Sytner/Rybrook etc that can get you a GT car allocation.
That is factually 100% correct..hunter 66 said:
He Does , been there 25 years and I know made the decision ( with the DP ) to give me a RS ..... and yes I was lucky .
Yes a Porsche sales 'exec' who has been there 25 years is cetainly an exception these days!The rate of turnover of car sales staff across the industry is very high for obvious reasons. Porsche probably fair slightly better although it is the norm to be dealing with someone different every few months who alarmingly and invariably hasn't a clue about Porsche as a brand less so GT cars although laughably they might be fairly clued up on sales techniques of the latest phone/ double glazing systems.
:I think the larger franchised groups are moving away from halo car allocations being determined by 'visible' showroom staff, even CPs or DPs, following a number of nasty threats from people assuming they have a god given right to a car despite no previous buying history with either the OPC or the brand.
By the 'unseen' Franchise Director making the ultimate decision, this gives sales staff at showroom levels the cop out they need to be non committal and thus avoid ramifications from the above or any possibility of expensive legal implications from false promises about car allocations particularly following 'Boltongate'.
Cheib said:
The other one that I think is most definitely possible is being a very good customer of a franchise group across a number of different brands other than Porsche. A lot of the OPC's are owned by the big dealer groups so I think it's perfectly possible if you've bought cars from other dealers owned by Jardine/Strastone/Sytner/Rybrook etc that can get you a GT car allocation.
That's true.Also, I sense this year the OPCs have had a think about how to leverage the high demand for GT products and therefore the conversations about buying hand-me down GT cars at overs rates have increased, the suggestion that buying a non-GT car will help towards building a relationship, etc.
Of course perhaps demand has also increased after the GT cars are great products with no financial downside so what's not to like? therefore more people are having the non-category 1 and 4 conversations.
Previously a salesman would have said 'sorry, I have a long waiting list, I cannot help you'
Now more are saying 'well, if you buy this used GT car at retail+£50k or that 911T or that XXX then in the future you could be in a stronger position, but no promises of course'
However, the danger in this is that unless Porsche radically increase UK allocation there are just not enough cars to go around....and in reality category 1 and 4 owners will want the next GT model too, releasing their previous purchase for the have-nots
Porsche also know that if GT allocation was say doubled, then demand from existing customers and new customers could dry up with the higher supply. Scarcity drives demand.
So, imv, the best strategy (if you are not cat 1 or 4)...is to either buy an overs car, or to give up chasing your tail and enjoy what you have/something else. Until the market dynamics change and the true enthusiast/track driver will still want a GT car whether it depreciates or not, and the people for whom it makes a sound financial purchase will melt away.
rkwm1 said:
I just see this whole thing as a Ponzi scheme where some guys at the top get cash out but ultimately guys further down the line are going to get their fingers burnt at some stage.
Worth pointing out that numerous OPCs and flippers got their fingers burnt bidding over the top money for 991.1 GT3s GT4s and 991.1 RS.LaSource said:
Cheib said:
The other one that I think is most definitely possible is being a very good customer of a franchise group across a number of different brands other than Porsche. A lot of the OPC's are owned by the big dealer groups so I think it's perfectly possible if you've bought cars from other dealers owned by Jardine/Strastone/Sytner/Rybrook etc that can get you a GT car allocation.
That's true.Also, I sense this year the OPCs have had a think about how to leverage the high demand for GT products and therefore the conversations about buying hand-me down GT cars at overs rates have increased, the suggestion that buying a non-GT car will help towards building a relationship, etc.
Of course perhaps demand has also increased after the GT cars are great products with no financial downside so what's not to like? therefore more people are having the non-category 1 and 4 conversations.
Previously a salesman would have said 'sorry, I have a long waiting list, I cannot help you'
Now more are saying 'well, if you buy this used GT car at retail+£50k or that 911T or that XXX then in the future you could be in a stronger position, but no promises of course'
However, the danger in this is that unless Porsche radically increase UK allocation there are just not enough cars to go around....and in reality category 1 and 4 owners will want the next GT model too, releasing their previous purchase for the have-nots
Porsche also know that if GT allocation was say doubled, then demand from existing customers and new customers could dry up with the higher supply. Scarcity drives demand.
So, imv, the best strategy (if you are not cat 1 or 4)...is to either buy an overs car, or to give up chasing your tail and enjoy what you have/something else. Until the market dynamics change and the true enthusiast/track driver will still want a GT car whether it depreciates or not, and the people for whom it makes a sound financial purchase will melt away.
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