Porsche 992 GT3 RS customers are already flipping their allocations for $650,000 CAD ($500,000 USD)

[Lotustoronto]

You can’t apply socialism
to rando things you enjoy. Either the haves can have or they can’t . You should be mad at Porsche (and Chevrolet etc) for not adding manufacturing to satisfy demand. You’re mad at a guy who had the foresight to reserve, probably with a substantial deposit, a car that wasn’t even built yet. Are you mad at the guy who sold everything he owned to buy Google stock back in the day? I applaud him.

So you're ok with the guy that jacks up the price of life saving medicine because he can?

There is checks and balances within capitalism for a reason, and just so we are clear, I'm not mad at anyone except for the idiot that would actually send someone online 50K for a deposit to meet him at a dealership. Idiot.

 

[lion shf]

That is a good gambler, not a good investor. And hopefully there some out there that measure success in other ways than $.

I love rich people chatting about $ being so unimportant. That’s rich

 

[lion shf]

So you're ok with the guy that jacks up the price of life saving medicine because he can?

Hold on bro lol

 

[Cachaco131]

I love rich people chatting about $ being so unimportant. That’s rich

If we were all rich here I think you'd see us spend more time on the Rennlist forum. Maybe we are all bad gamblers and lost on Rivian...

 

[lion shf]

If we were all rich here I think you'd see us spend more time on the Rennlist forum. Maybe we are all bad gamblers and lost on Rivian...

Well I’m guessing some of us who buy Astons and 911s as stop gaps are rich

 

[Cachaco131]

Well I’m guessing some of us who buy Astons and 911s as stop gaps are rich

Maybe. But knowing the credit culture of Americans...i could easily afford a few Ferraris. I just choose to live within reason and enjoy other non $ things.

 

[Lotustoronto]

So you're ok with the guy that jacks up the price of life saving medicine because he can?

Hold on bro lol

You didn't answer the question.... perhaps you argument has just failed.

 

[kitkat]

So you're ok with the guy that jacks up the price of life saving medicine because he can?

Hold on bro lol

I'd hardly call the 3RS lifesaving though.

 

[lion shf]

Maybe. But knowing the credit culture of Americans...i could easily afford a few Ferraris. I just choose to live within reason and enjoy other non $ things.

Does that make you unique?

 

[lion shf]

You didn't answer the question.... perhaps you argument has just failed.

As we saw as the world burned, the governments did step in and got what people needed, can you give me a specific example of an expensive life saving machine denied to poors?

 

[kitkat]

If the Emira was a better car and people wanted to pay double MSRP for one, I'd be first in line to sell my car.

Just let people do whatever the hell they want with their cars. You all aren't the resale police.

 

[ksegg]

How many cars do you own? What is your stop gap you bought to tide yourself over while we wait?

I have one. Because I only need one.

 

[lion shf]

I have one. Because I only need one.

Me too I’ll be dd the Emira 4 seasons with snows as needed

 

[eriegz]

I think these types of conversations are interesting. For instance, we all demand the highest prices when selling our own cars on the used market, or when "selling" our skills as employees on the job market, but when someone else does the same thing we get mad about it.

On the other hand, I don't like the direction humanity is heading lately, where an ever-shrinking cabal of powerful gazillionaires seems to be buying up the entire planet in order to "rent" it back to us peons at a tidy profit, because where else are we gonna go, Mars?

There must be some happy middle ground solution here. Or, maybe there isn't and we're all doomed.

On a side note, check out what Z06 buyers are paying:

 

[Cachaco131]

I think these types of conversations are interesting. For instance, we all demand the highest prices when selling our own cars on the used market, or when "selling" our skills as employees on the job market, but when someone else does the same thing we get mad about it.

On the other hand, I don't like the direction humanity is heading lately, where an ever-shrinking cabal of powerful gazillionaires seems to be buying up the entire planet in order to "rent" it back to us peons at a tidy profit, because where else are we gonna go, Mars?

There must be some happy middle ground solution here. Or, maybe there isn't and we're all doomed.

On a side note, check out what Z06 buyers are paying:

View attachment 8210

I think we are all doomed because some idiots that are willing to pay 90k over are supporting the dealers business model. Unless the model becomes more direct to consumer, we are in a silly period.

Note: In Monterey, in 3 days...149 cars sold for over 1M.

 

[Lotustoronto]

I think these types of conversations are interesting. For instance, we all demand the highest prices when selling our own cars on the used market, or when "selling" our skills as employees on the job market, but when someone else does the same thing we get mad about it.

On the other hand, I don't like the direction humanity is heading lately, where an ever-shrinking cabal of powerful gazillionaires seems to be buying up the entire planet in order to "rent" it back to us peons at a tidy profit, because where else are we gonna go, Mars?

There must be some happy middle ground solution here. Or, maybe there isn't and we're all doomed.

On a side note, check out what Z06 buyers are paying:

View attachment 8210

This I am completely ok with. They are a business "regulated" somewhat by the manufacturer and laws around advertising and competition etc. Capitalism based around integrity, checks and balances and ethics should prevail...

Ford, GM Push Harder to Stop New Car Flipping and Price Gouging

Some dealers are overpricing such popular cars and trucks as the Ford F-150 Lightning and Chevy Corvette Z06, but the automakers are cracking down.

www.caranddriver.com

This will end in manufacturers lobbing for regulations, citing dealers greeds, having the backing of the people and allowing them to sell direct to consumer a la Tesla. Dealers will be the ones hurt in the end from car flippers or price gougers. Until that happens, this will continue. All we are doing is giving more reasons for manufacturers to control the market. Good or bad, I'm not sure of that. There was a reason dealers existed and manufactures could not sell direct to consumers. In fact it was for this exact reason why it was created. As we progress down the path of unethical capitalism it will only hurt the consumer as we turn into a socialist / communist society not ran by government, but by corporations.

I have no issue if someone is willing to pay a price for a product. As a business that is regulated and has the ability of being penalized from the manufacturer or competition law, (like Pharma Bro) it is a risk they are aware of and are willing to make then go for it. Just like the flipper on that ad. He should face the risk of being banned from Porsche.

As for demanding best prices on trade-ins or for our work, there is generally an equilibrium / market to look at, that dictates price. A stable steady market is essential for growth, competition to strive and innovation to occur. When a market, either labour or equities, sees extreme imbalances it will affect some in extremely good ways and others not. This imbalance if continues or increases will reduce competition, which reduces innovation and fuels a lop sided market that turns into socialism by corporations.

Why is the z06 90K above MSRP? What is the rational for this number? Why doesn't chevy just prices the Z06 at 250K? I think it's because they want you to be price gauged so that there is enough ammunition to get rid of dealers and sell direct to the consumer. They are creating the narrative.

Stability pricing for steel, lumber, food, gas, medicine, microchips, energy etc. is essential to be able to carry out business. How can you build a factory if you don't know what the price will be 3 months down the road? It's not possible to operate in an economy that has massive price fluctuations in short periods of time. If you can't see this, you need to educate yourselves on economics outside of car flipping.

 

[Lotustoronto]

I think we are all doomed because some idiots that are willing to pay 90k over are supporting the dealers business model. Unless the model becomes more direct to consumer, we are in a silly period.

Note: In Monterey, in 3 days...149 cars sold for over 1M.

The quail has always been where billionaires show off and spend some money. 150 billionaires blowing 1 Mil in once a year event is 150Mil. 15,000 z06's at 100K over MSRP is 1.5 Billion Above MSRP PER YEAR.

 

[lion shf]

This I am completely ok with. They are a business "regulated" somewhat by the manufacturer and laws around advertising and competition etc. Capitalism based around integrity, checks and balances and ethics should prevail...

Ford, GM Push Harder to Stop New Car Flipping and Price Gouging

Some dealers are overpricing such popular cars and trucks as the Ford F-150 Lightning and Chevy Corvette Z06, but the automakers are cracking down.

www.caranddriver.com

This will end in manufacturers lobbing for regulations, citing dealers greeds, having the backing of the people and allowing them to sell direct to consumer a la Tesla. Dealers will be the ones hurt in the end from car flippers or price gougers. Until that happens, this will continue. All we are doing is giving more reasons for manufacturers to control the market. Good or bad, I'm not sure of that. There was a reason dealers existed and manufactures could not sell direct to consumers. In fact it was for this exact reason why it was created. As we progress down the path of unethical capitalism it will only hurt the consumer as we turn into a socialist / communist society not ran by government, but by corporations.

I have no issue if someone is willing to pay a price for a product. As a business that is regulated and has the ability of being penalized from the manufacturer or competition law, (like Pharma Bro) it is a risk they are aware of and are willing to make then go for it. Just like the flipper on that ad. He should face the risk of being banned from Porsche.

As for demanding best prices on trade-ins or for our work, there is generally an equilibrium / market to look at, that dictates price. A stable steady market is essential for growth, competition to strive and innovation to occur. When a market, either labour or equities, sees extreme imbalances it will affect some in extremely good ways and others not. This imbalance if continues or increases will reduce competition, which reduces innovation and fuels a lop sided market that turns into socialism by corporations.

Why is the z06 90K above MSRP? What is the rational for this number? Why doesn't chevy just prices the Z06 at 250K? I think it's because they want you to be price gauged so that there is enough ammunition to get rid of dealers and sell direct to the consumer. They are creating the narrative.

Stability pricing for steel, lumber, food, gas, medicine, microchips, energy etc. is essential to be able to carry out business. How can you build a factory if you don't know what the price will be 3 months down the road? It's not possible to operate in an economy that has massive price fluctuations in short periods of time. If you can't see this, you need to educate yourselves on economics outside of car flipping.

My guess the prices will normalize when people stop buying stuff. Not complicated.

 

[ksegg]

The way things are going, the insane markups will eventually start to create a revenue pigeonhole, where dealerships can only sell to a small number of customers who are more than willing to pay 3-4-5x for something that in normal circumstances - isn't worth 3-4-5x.

So effectively, dealerships are switching their strategy of doing high volume sales (like a McDonalds; affordable) to low volume sales (like a Jeweler; expensive).

What dealerships are doing is as plain as daylight. Dealerships have probably gotten sick of selling to "everyone", when all they want is to really sell to a "select few". With this new business model, they can severely downsize their operations (layoff pretty much everyone, except for a small crew), and don't need huge inventory, while still making an absurd profit. Once the supply chain issues are resolved - you can be assured they will NEVER go back to wanting to do high-volume sales again. It's not worth it to them.

The side effect of this, should this be allowed to continue, is that we will have a natural socio-economic divide as to who can have new cars............and who can't, aka - who is willing to pay 3-4-5x markup for something, and who refuse.

This is why dealerships need to be regulated heavily, punished by manufacturers, or the entire industry needs to go away entirely.

The entire dealership model is knee deep in price gouging, and they're left unchecked.

 

[Lotustoronto]

My guess the prices will normalize when people stop buying stuff. Not complicated.

or it normalizes once dealers laws are repelled and more power is given to manufacturers to control pricing. Who wins there. Not the local economies, I assure you of that. The 1.5 Billion profits that dealers would spend in their local economies is gone, Chevy has it instead, probably to pay their CEO's and board nice big bonuses.