A shout to Porsche to stop the GT Filppers
Discussion
franki68 said:
I am fairly sure you have commented on how poor the ride quality was on earlier gt3s (which I agree with) so why on earth would you even consider a Merc AMG GTR ? I have been on better riding horse drawn carts.
As a track toy for wide tracks it may be appealing but its even more uncomfortable than the standard gt which is horrible.
not saying I am buying one, but I like the car and it's good value imo 2nd hand.As a track toy for wide tracks it may be appealing but its even more uncomfortable than the standard gt which is horrible.
Rather keep the car I have.
woollyjoe said:
consumer confidence is way more important than realities such as interest rates. In the Porsche GT market - confidence is impacted despite interest rates staying same - as an example.
Don't want to have another Brexit discussion, but the internet welcomes all opinions on what people think.
not really, people have said amount left after bills, interest rates makes you have less money and it's more expensive to borrow money, it's that simple.Don't want to have another Brexit discussion, but the internet welcomes all opinions on what people think.
GT markets flooded due to OPC supporting flippers. the ave person cannot PCP a £190k car when it's going to be cheaper tomorrow.
nothing to do with Brexit sorry to say.
Porsche911R said:
woollyjoe said:
consumer confidence is way more important than realities such as interest rates. In the Porsche GT market - confidence is impacted despite interest rates staying same - as an example.
Don't want to have another Brexit discussion, but the internet welcomes all opinions on what people think.
not really, people have said amount left after bills, interest rates makes you have less money and it's more expensive to borrow money, it's that simple.Don't want to have another Brexit discussion, but the internet welcomes all opinions on what people think.
GT markets flooded due to OPC supporting flippers. the ave person cannot PCP a £190k car when it's going to be cheaper tomorrow.
nothing to do with Brexit sorry to say.
It will happen it always has, I nearly bought a 3k mike 997.2 GT3 RS for £112k a few years back. The difference today is the number for sale at premium prices. The GT3 991.2 has more dealer supply than any other variant......
The Flippers will either drop prices or hold their cars until supply/demand is equalised. Why would anyone pay a £40-50k premium for a car that is not in short supply
The Flippers will either drop prices or hold their cars until supply/demand is equalised. Why would anyone pay a £40-50k premium for a car that is not in short supply
Porsche911R said:
JulierPass said:
Do you understand how consumer confidence works??
Yes it has nothing to do with a over supply problem.People blaming Brexit for OPC having 43 GT3's is a bit far fetched.
jonny996 said:
I'm curious why Porsche just don't add £50k to thr RRP, if there is such demand
Great question and one i have often wondered.
Because thier list prices would be massively out of whack with eurozone? Where there’s far less nonesense and demand would fall off a cliff with such a hike
Or they actually cultivate it? it as its marketing genius...
You have to remember none of this existed until JZM decided to big up the last of the manuals about 4 years ago :-). Those guys are the estate agents of Porsche so i would lay the credit firmly there. :-)
Porsche GB are ignoring the emails from Stuttgart as they need to hit their targets (which are set by Stuttgart) ?
They don’t actually care that much as its small beans in the scheme of things and they’re far more focussed on staying out of jail over dieselgate etc.
Saw this on my travels this afternoon looking rather gorgeous and finally (possibly) within Mrs. T's levels of acceptability on price 
https://www.autotrader.co.uk/car-search?sort=dista...
https://www.autotrader.co.uk/car-search?sort=dista...
ttdan said:
jonny996 said:
I'm curious why Porsche just don't add £50k to thr RRP, if there is such demand
Great question and one i have often wondered.
Because thier list prices would be massively out of whack with eurozone? Where there’s far less nonesense and demand would fall off a cliff with such a hike
Or they actually cultivate it? it as its marketing genius...
You have to remember none of this existed until JZM decided to big up the last of the manuals about 4 years ago :-). Those guys are the estate agents of Porsche so i would lay the credit firmly there. :-)
Porsche GB are ignoring the emails from Stuttgart as they need to hit their targets (which are set by Stuttgart) ?
They don’t actually care that much as its small beans in the scheme of things and they’re far more focussed on staying out of jail over dieselgate etc.
And the prices are out of whack with the rest of Europe - in Germany a Porsche is substantially more expensive (same-ish tax, so Porsche make a lot less on a Uk GT3 than a German one, therefore probably a little more supply constrained given they have no issues selling as many as they can in Germany either)
coyft said:
Robbo66 said:
RS clients flipping them back in, all came at once. Clientele won't pay more than list for the car. Rightly so. Investors have already left or are bailing.
The R is less than half the current flipper 'want' , over the water. [url]
|https://thumbsnap.com/kTIF02Cq[/url]
Where is that for sale?The R is less than half the current flipper 'want' , over the water. [url]
|https://thumbsnap.com/kTIF02Cq[/url]Edited by Robbo66 on Wednesday 11th July 11:10
m88ony said:
If the .2 GT3 comes down to £150k al be ready to pull the trigger. Waiting....not sure how long or if it will ever happen!
happening now i reckon - one <2k mile .2GT3 just sold privately (PH'er to Ph'er) at £140k on the other thread. The open market can't be that far off.Porsche911R said:
JulierPass said:
Do you understand how consumer confidence works??
Yes it has nothing to do with a over supply problem.People blaming Brexit for OPC having 43 GT3's is a bit far fetched.
Demand = a variable influenced by consumers’ willingness to buy
Willingness to by = a variable influenced by consumer confidence
Consumer confidence = a variable influenced Brexit
Ergo. Brexit has something to do with an over supply problem.
For a market correction to happen in any asset class you need to have some forced sellers. Dealers who own these cars outright won’t want to be sitting on them for more than three months so there’s an interesting few months ahead.
Some of the OPC’s have got very “top heavy” stock of 911’s at the moment. Looked at one yesterday, they’ve got 15 cars of which 3 are GTS’s and the rest are GT cars or Turbo’s.
I noticed that Porsche Teeside have got a delivery mileage GT3 RS up for £280k....
If the market does correct long term that’s good for all of us!
Some of the OPC’s have got very “top heavy” stock of 911’s at the moment. Looked at one yesterday, they’ve got 15 cars of which 3 are GTS’s and the rest are GT cars or Turbo’s.
I noticed that Porsche Teeside have got a delivery mileage GT3 RS up for £280k....
If the market does correct long term that’s good for all of us!
JulierPass said:
It’s not just gt3’s. The whole car market at large is down. I mentioned in an earlier post about the prices of 911 R’s etc. F50’s are currently trading at 25% less. I could go on. This isn’t down to oversupply but consumer confidence. People think that bad news in on the horizon, that could be down to brexit, it could be down to a lack of confidence in the government, but the writing is in the wall. The clever money isn’t spending.
Porsche sold all of the GT3's :-) OPC having 43 for sale now has nothing to do with lack of confidence , and every thing to do with flipping and greed.The new car market is down yes, but as I said Porsche sold all theirs new no issue I bet they sell all the GT4 no issue.
you are talking two different stories.
people saying lack of confidence is stopping the sale of daft priced GT3's is incorrect !! put up all those cars at list price and I bet they sell.
Porsche911R said:
Porsche sold all of the GT3's :-) OPC having 43 for sale now has nothing to do with lack of confidence , and every thing to do with flipping and greed.
The new car market is down yes, but as I said Porsche sold all theirs new no issue I bet they sell all the GT4 no issue.
you are talking two different stories.
people saying lack of confidence is stopping the sale of daft priced GT3's is incorrect !! put up all those cars at list price and I bet they sell.
I have to agree at list I'd buy one, at £180k priced me out and even if it hadn't with all this talk on a correction you just wouldn't .The new car market is down yes, but as I said Porsche sold all theirs new no issue I bet they sell all the GT4 no issue.
you are talking two different stories.
people saying lack of confidence is stopping the sale of daft priced GT3's is incorrect !! put up all those cars at list price and I bet they sell.
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