Carpokes Porsche Forum

@Tom called it!!!

SOLD - $299,000 + $5,000 = $304,000.

Hawk wrote: Fri Mar 18, 2022 1:47 pm @Tom called it!!!

SOLD - $299,000 + $5,000 = $304,000.

You beat me to it. I guess $300k is the psychological ceiling.... Fun to watch though.

This car is so ridiculously beautiful!!!!
It boggles my mind that a new car like this could ever be immediately sold for that much over original sticker.

Are the sellers of these cars burning bridges with their local dealers??

In other words these buyers had to have some pull with their dealers only to take possession and then dump them. It seems to me that would sour their relationship with that dealer. Am I wrong?

staceybsnyder wrote: Mon Mar 21, 2022 7:42 am This car is so ridiculously beautiful!!!!
It boggles my mind that a new car like this could ever be immediately sold for that much over original sticker.

Are the sellers of these cars burning bridges with their local dealers??

In other words these buyers had to have some pull with their dealers only to take possession and then dump them. It seems to me that would sour their relationship with that dealer. Am I wrong?

I would wager that this individual will no longer be able to obtain an allocation for a GT car from Porsche of Southhampton. I believe I read that they, or a family member, had a medical situation and needed to raise cash. I'm sure the dealer would have been understanding of the situation but, would have preferred that the car was sold back to the dealership.

Hawk wrote: Mon Mar 21, 2022 7:53 am I would wager that this individual will no longer be able to obtain an allocation for a GT car from Porsche of Southhampton. I believe I read that they, or a family member, had a medical situation and needed to raise cash. I'm sure the dealer would have been understanding of the situation but, would have preferred that the car was sold back to the dealership.

Thanks for the details. I have also seen a number of 992 GT3s for sale on various Facebook groups and other used car platforms. Some asking upwards of $325K.

staceybsnyder wrote: Mon Mar 21, 2022 7:58 am

Hawk wrote: Mon Mar 21, 2022 7:53 am I would wager that this individual will no longer be able to obtain an allocation for a GT car from Porsche of Southhampton. I believe I read that they, or a family member, had a medical situation and needed to raise cash. I'm sure the dealer would have been understanding of the situation but, would have preferred that the car was sold back to the dealership.

Thanks for the details. I have also seen a number of 992 GT3s for sale on various Facebook groups and other used car platforms. Some asking upwards of $325K.

Unlike Ferrari, Porsche does not have any formal agreement regarding the resale of a new car. Under the terms of the Ferrari sales agreement / contract, during the first year of ownership the buyer must give the selling dealer or Ferrari North America first rights to buy back the car at its original purchase price. However, I can tell you that every Porsche dealer who has provided a GT3 allocation will not look favorably on a flipper. I know that if I personally were to flip my GT3 (when it finally arrives), without first offering the dealership the right to buy it back, I would never be granted a hard to get allocation again. Most dealers expect to get these cars back in trade at some point as buyers trade up or the buyer just decides to keep the car in their collection which is fine with the dealer.

Hawk wrote: Mon Mar 21, 2022 8:12 am Unlike Ferrari, Porsche does not have any formal agreement regarding the resale of a new car. Under the terms of the Ferrari sales agreement / contract, during the first year of ownership the buyer must give the selling dealer or Ferrari North America first rights to buy back the car at its original purchase price. However, I can tell you that every Porsche dealer who has provided a GT3 allocation will not look favorably on a flipper. I know that if I personally were to flip my GT3 (when it finally arrives), without first offering the dealership the right to buy it back, I would never be granted a hard to get allocation again. Most dealers expect to get these cars back in trade at some point as buyers trade up or the buyer just decides to keep the car in their collection which is fine with the dealer.

Makes perfect sense. Thanks for the details.
When is your GT3 arriving? I saw my first 992 GT3 this past weekend at a meet up. Stunning!!!

I like my 992 C4, but it looks boring in comparison. lol

I noticed this before, and I thought it is a bad deal. It's a new car at ~$150,000 over MSRP. This rarely works out well as Porsche keeps producing faster cars every year.

I wonder what lap times the 2025 992.2 GT3 will do?

They will take the new tech from their 2023 GT3.R to be faster+.