Pelican Parts
Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   Pelican Parts Forums > Porsche Classified Ads > Porsche Marketplace Discussion


Reply
 
LinkBack Thread Tools Rating: Thread Rating: 2 votes, 3.00 average.
Author
Thread Post New Thread    Reply
Registered User
 
Join Date: Jun 2011
Posts: 264
Garage
Price Drops Here there and Everywhere...It Has Begun in Earnest

10% drop, $50K to $45K
1990 911 C2 Coupe Forest Green Metallic Green

This guy knows what's up. 4 price drops in a week. Smart move, get ahead of a crashing market. $49K to $43K in a matter of days of listing.
https://preview.tinyurl.com/y4tpzoc

$40K to $34K solid 15% drop
https://preview.tinyurl.com/yxjk2be

25% off
https://preview.tinyurl.com/y4vjpjb

But how can this be? These cars are visceral. I say visceral people!!!!! Like all bubbles eventually do, this one has deflated.

Last edited by Vaive; 11-12-2019 at 02:02 PM..
Old 11-09-2019, 06:35 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #1 (permalink)
Mighty Meatlocker Turbo
 
Rawknees'Turbo's Avatar
 
Join Date: Apr 2016
Location: North TexASS
Posts: 12,436
Quote:
Originally Posted by Vaive View Post
. . .

But how can this be? These cars are visceral. I say visceral people!!!!! . . . .
At one with the road surface; so much so that who needs power when one has all that visceral!!!
Old 11-09-2019, 06:40 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #2 (permalink)
Registered User
 
Unobtanium-inc's Avatar
 
Join Date: Apr 2007
Location: Hudson Valley, New York
Posts: 3,443
People are just getting the memo late. I haven't been able to buy much this year because everyone has been asking 2 year old prices. People are finally seeing what those of us in the business saw about 18 months ago, leveling off and sometimes dropping prices. But we are also going into winter, the worse time to try and sell a Porsche. Half the country can't drive in the winter, and everyone has holiday stuff going on.
Hopefully come Spring everyone is on the same page.

---Adam
__________________
http://www.unobtanium-inc.com

356 Registry 17369
Early 911S Registry
912 Registry, PCA
Old 11-09-2019, 08:16 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #3 (permalink)
Registered User
 
Join Date: Sep 2015
Location: NY
Posts: 1,667
Well this guy isn’t asking quite what he was 2 years ago for sure.

From 217 to 98 is quite a drop

https://www.pca.org/node/310309

https://www.ferrarichat.com/forum/threads/930-turbo-carrera.344030/page-193 Post #4807
Old 11-10-2019, 06:09 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)
Registered User
 
creaturecat's Avatar
 
Join Date: Mar 2004
Location: Vancouver bc
Posts: 3,986
wrong crowd. i tried addressing this last month .... to a chorus of boos. i stand by my prediction. 25% reduction in one year, followed by another 25% reduction next year. rare desirables may escape the reductions, to a certain degree.
Old 11-10-2019, 06:52 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #5 (permalink)
Registered User
 
specialtyoneinc's Avatar
 
Join Date: Aug 2014
Location: In Traffic
Posts: 1,729
Old 11-10-2019, 10:05 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #6 (permalink)
 
Registered User
 
Join Date: Sep 2010
Posts: 2,577
Garage
If you enjoy our car and just have it for fun and do not plan to sell it, what is the problem? If my 85 Carrera went down $15,000 in value I would still have my cool Carrera. Rule of thumb, never use your car or house as an ATM .
Old 11-10-2019, 01:53 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #7 (permalink)
Registered User
 
Unobtanium-inc's Avatar
 
Join Date: Apr 2007
Location: Hudson Valley, New York
Posts: 3,443
Quote:
Originally Posted by specialtyoneinc View Post
The only people who need to panic are the guys who operate on 5% margins and have been sitting on cars for 2 years, wondering why they aren't selling.

For most of the Porsche world, you can just drive your car and enjoy, that's what I did today. What's it worth? Who knows, who cares.

---Adam
__________________
http://www.unobtanium-inc.com

356 Registry 17369
Early 911S Registry
912 Registry, PCA
Old 11-10-2019, 02:40 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #8 (permalink)
Registered User
 
sugarwood's Avatar
 
Join Date: Apr 2014
Posts: 5,921
Garage
Buy now, this is the most these cars will ever drop !!
They aren't making more!!! Water pumpers !!
80s kids are hitting their prime earning years!!!!
These cars will all be worth $100k for a base shell !!
__________________
1986 3.2 915 911 coupe.
Old 11-10-2019, 03:34 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #9 (permalink)
Registered User
 
Join Date: Apr 2013
Location: Hudson Valley
Posts: 3,031
Garage
Quote:
Originally Posted by sugarwood View Post
Buy now, this is the most these cars will ever drop !!
They aren't making more!!! Water pumpers !!
80s kids are hitting their prime earning years!!!!
These cars will all be worth $100k for a base shell !!
And yet Sugardope still owns a 911 while criticizing ownership.
Talk about irony.
__________________
1978 SC Coupe, Gris Argent Metallic Silver
1974 2002 Tii Polaris Silver
1972 911T (or is it an RS spec? Stay tuned)
Old 11-10-2019, 04:02 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #10 (permalink)
Registered User
 
wayner's Avatar
 
Join Date: Apr 2007
Location: I live on the road, I just stay here sometimes...
Posts: 6,760
I will take Sugars side on this (unless he is being sarcastic)
But in the short term I'll also take Adams side.

Im bullish in the long term, but, only for the best cars, not the marginal ones with stories.
__________________
73 RSR replica
928 5 speed with phone dials and Pasha seats
914 wide body hot rod
My 73RSR build http://forums.pelicanparts.com/porsche-911-technical-forum/893954-saving-73-crusher-again.html
Old 11-10-2019, 05:30 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #11 (permalink)
gearhead
 
Join Date: Nov 2007
Location: Loverland, CO
Posts: 16,995
If they are willing to carry negative equity on their daily driver, why wouldn’t they be willing to with their weekend toy?

https://www.wsj.com/articles/a-45-000-loan-for-a-27-000-ride-more-borrowers-are-going-underwater-on-car-loans-11573295400
__________________
1974 911 Restorod
1974 914 Bumble Bee
1975 911S Tom's Targa
2008 Cayman S Mule
Old 11-10-2019, 05:52 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #12 (permalink)
Registered User
 
wayner's Avatar
 
Join Date: Apr 2007
Location: I live on the road, I just stay here sometimes...
Posts: 6,760
My biggest fear is if cars become irrelevant.

Or worse, if crazy people begin chastising you for owning an antisocial object
__________________
73 RSR replica
928 5 speed with phone dials and Pasha seats
914 wide body hot rod
My 73RSR build http://forums.pelicanparts.com/porsche-911-technical-forum/893954-saving-73-crusher-again.html
Old 11-10-2019, 06:00 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #13 (permalink)
War Vet
 
matt930s's Avatar
 
Join Date: Mar 2010
Location: Charleston SC
Posts: 3,323
Garage
__________________
Still looking for a LWB tub or roller(69-73). Please PM.
Old 11-10-2019, 06:07 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #14 (permalink)
Mighty Meatlocker Turbo
 
Rawknees'Turbo's Avatar
 
Join Date: Apr 2016
Location: North TexASS
Posts: 12,436
Wayner, raising two tall middles is an easy and appropriate response for chastisement of that nature!
Old 11-10-2019, 06:08 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #15 (permalink)
gearhead
 
Join Date: Nov 2007
Location: Loverland, CO
Posts: 16,995
Quote:
Originally Posted by matt930s View Post
Better get yourself a fat bottomed girl and a case of Dura-flames.
__________________
1974 911 Restorod
1974 914 Bumble Bee
1975 911S Tom's Targa
2008 Cayman S Mule
Old 11-10-2019, 06:46 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #16 (permalink)
Registered User
 
Join Date: Jun 2011
Posts: 264
Garage
Quote:
Originally Posted by Unobtanium-inc View Post
People are just getting the memo late. I haven't been able to buy much this year because everyone has been asking 2 year old prices. People are finally seeing what those of us in the business saw about 18 months ago, leveling off and sometimes dropping prices. But we are also going into winter, the worse time to try and sell a Porsche. Half the country can't drive in the winter, and everyone has holiday stuff going on.
Hopefully come Spring everyone is on the same page.

---Adam
Ahh the eternal hope of spring.....
Old 11-10-2019, 07:35 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #17 (permalink)
Amateur
 
pmax's Avatar
 
Join Date: May 2014
Location: SF Bay Area
Posts: 4,564
Garage
Quote:
Originally Posted by Vaive View Post
Ahh the eternal hope of spring.....
Not sure if anyone has brought this up .... you are really and closely channeling a "well known" member here circa 2014 ... look up the threads started by PML.

Quite interesting to see how these things repeat and how some folks never change even though they are not even the same person (I think) !!
__________________
I don't need that.
Old 11-10-2019, 07:51 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #18 (permalink)
Kind of Blue
 
MrBonus's Avatar
 
Join Date: Sep 2010
Location: Delaware
Posts: 1,457
Garage
PORSCHES ARE TOO EXPENSIVE AND ARE FINALLY GOING TO BE CHEAP says man every year since 1962.
__________________
1967 Lotus Elan Coupe
1971 VW Karmann Ghia
2019 Tesla Model 3 Performance

Now Porsche-less for the time being.
Old 11-11-2019, 07:05 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)
Registered User
 
Join Date: Jan 2011
Posts: 1,285
Garage
The time to make money on a car is at the time of purchase.This sharp decline been on the cards since the price rise started.
2013/14 was incredible, but if you thought peak Porsche would go on forever, or believed those outfits like Trissl that pretend to have magic ball and suggest their very average inventory was 'investment grade' the joke is on you.

Price a running driving 911 right, it will sell.
Old 11-11-2019, 07:31 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #20 (permalink)
Reply

Thread Tools
Rate This Thread
Rate This Thread:

 


All times are GMT -8. The time now is 10:13 PM.


 
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2018 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website -    DMCA Registered Agent Contact Page
 

DTO Garage Plus vBulletin Plugins by Drive Thru Online, Inc.