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Tons of 911’s for sale!

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Old 01-28-2024, 11:40 PM
  #526  
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Originally Posted by Cityfisher

Based on how absurd new pricing has become( 200k for a decent spec carrera S)
I feel the 991.2 .will hold good value for years.
Agreed, all the well optioned 991.2 in decent shape are going. Same for the 991.1 GTS.
Old 01-30-2024, 11:22 PM
  #527  
Skeptikal12
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Dealerships doing so well with the local economy/buyer group that they are posting on BaT:

https://bringatrailer.com/listing/20...911-gt3-rs-18/


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Old 01-31-2024, 09:51 AM
  #528  
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I'd list that on BAT too lol the 300 million people in the U.S. aren't looking on Canadian sites for cars. Look at all dealerships lots right now, stacked with new cars. Lots of people buying out leases etc.
Old 01-31-2024, 10:32 AM
  #529  
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Originally Posted by 997turbocab
I'd list that on BAT too lol the 300 million people in the U.S. aren't looking on Canadian sites for cars. Look at all dealerships lots right now, stacked with new cars. Lots of people buying out leases etc.
Of course you would if it wasn't selling locally for what you wanted. Why else would you bother with the long process at BaT and answering all the questions about importation and California emissions? That's my point.

They posted another one:
https://bringatrailer.com/listing/20...911-gt2-rs-11/

Old 01-31-2024, 11:26 AM
  #530  
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Likely partially a sign of can't sell within Canada. Need to sell it. More money if you find a US buyer.
Old 01-31-2024, 02:27 PM
  #531  
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Originally Posted by Skeptikal12
Dealerships doing so well with the local economy/buyer group that they are posting on BaT:

https://bringatrailer.com/listing/20...911-gt3-rs-18/
PCO have owned the car for 3 years!?? How much was it listed for locally
Old 01-31-2024, 02:41 PM
  #532  
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Curious how many special cars ended up in the US from 2020 onward, versus average of previous years. Seems alot ended up on BaT and similar sites during the pandemic years when folks were sitting on money. Priced too high for CAD market but ends up being a deal for a US buyer after exchange and even after buyer fees/import/shipping,

Seen some good cars go south that will likely never make their way back to Canada.
Old 01-31-2024, 02:54 PM
  #533  
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Originally Posted by Maitre_Absolut
PCO have owned the car for 3 years!?? How much was it listed for locally
Tried to find an old listing for the 997.1 RS but couldn't.

Their posted GT2 RS could be this one that was "sold" on their website. KMs on the service report and the for sale ad match up.
This to me just looks like confirmation for the thread title, lots of 911s for sale and a need for market expansion beyond local to move cars. Cars are also being moved off their used inventory to create an illusion of sales (if above is true). Bothersome part is that at the same time, they are pushing unwanted EV cars, fear mongering of price increases on locals to move GT products at "MSRP".





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Old 01-31-2024, 03:16 PM
  #534  
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Originally Posted by Maitre_Absolut
PCO have owned the car for 3 years!?? How much was it listed for locally
Could be personal collection as well.
Old 01-31-2024, 04:14 PM
  #535  
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That 2RS was listed at about $600k and then dropped to 500k... now on BAT and I am curious to see what it goes for.
Old 02-01-2024, 04:16 PM
  #536  
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My feeling is that the market is gettingstronger as spring is approaching. The lower priced cars are starting to move out of the Porsche website inventory. The GT cars are still silly overpriced above MSRP and the prices have stopped dropping.

This Carrera 4 is nuts by the way: Targa 4 GTS money for a Carrera 4... https://finder.porsche.com/ca/fr-CA/...6&order=newest

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Old 02-01-2024, 06:48 PM
  #537  
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Originally Posted by Inrev
My feeling is that the market is gettingstronger as spring is approaching. The lower priced cars are starting to move out of the Porsche website inventory. The GT cars are still silly overpriced above MSRP and the prices have stopped dropping.

This Carrera 4 is nuts by the way: Targa 4 GTS money for a Carrera 4... https://finder.porsche.com/ca/fr-CA/...6&order=newest
wait until interest rate cuts start happening in 6 or less months!! 992 GT3’s for $800k. Buy 2!!!!
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Old 02-01-2024, 09:33 PM
  #538  
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I don't foresee any BoC rate cuts in 2024.
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Old 02-02-2024, 12:05 PM
  #539  
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Originally Posted by KILOFINAL
I don't foresee any BoC rate cuts in 2024.
I'd guess they drop .25 in Q3 and another drop in Q4...
Old 02-02-2024, 12:28 PM
  #540  
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The BOC target inflation is 1-3% and current CPI is 3.4% (ticking up). The BOC shouldn't even consider lowering rates until CPI is under 3% for at least a couple months. If the dual mandate to maximize stable employment is considered, we also have very low unemployment, so further stimulation by the BOC is not needed. My prediction is that it's going to take a lot longer to see cuts in interest rates than the media and people think. Maybe one .25% cut in late 2024 if inflation sneaks under 3.0% and unemployment ticks up. The narrative will be "stubborn sticky inflation", but there will be strong political pressure (from both the left and the right) on the bank to lower it because high interest rates are painful.


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