Crnr2Crnr Posted November 16, 2023 Share Posted November 16, 2023 @racinfarmer interesting... Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 16, 2023 Share Posted November 16, 2023 This is what’s wrong with social media. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 17, 2023 Share Posted November 17, 2023 Great news. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted November 17, 2023 Author Share Posted November 17, 2023 2 hours ago, Mainecat said: This is what’s wrong with social media. what does this mean? do you believe what he's discussing only applies to new Porsches? if so, you might not have been paying attention. I look forward to buying property at a discount after selling some at market peak... Soon? Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted November 17, 2023 Author Share Posted November 17, 2023 1 minute ago, DriftBusta said: Great news. if you've been sitting in some cash patiently waiting to make acquisitions... maybe Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted November 17, 2023 Gold Member Share Posted November 17, 2023 2 hours ago, Mainecat said: This is what’s wrong with social media. 4 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 17, 2023 Share Posted November 17, 2023 (edited) 3 minutes ago, Crnr2Crnr said: if you've been sitting in some cash patiently waiting to make acquisitions... maybe Yup, but still haven't really been noticing any major shifts on Cargurus or wholesale lists like Manheim though. Just stupid prices still. Edited November 17, 2023 by DriftBusta Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted November 17, 2023 Author Share Posted November 17, 2023 2 minutes ago, DriftBusta said: Yup, but still haven't really been noticing any major shifts on Cargurus or wholesale lists like Manheim though. Just stupid prices still. I'm seeing vehicles prices not meeting reserve or selling with no reserve for 20%+ less than they were a few months ago. Prices for used are normalizing, we just need a good solid recession to push the debt slaves over the edge. Idk if J Powell will let it though. Saw a slight dip today in CDs after reupping one last month. This country hasn't suffered in a long time, and imo it needs to happen. Our GOV and personal debt is unprecedented. 1 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 17, 2023 Share Posted November 17, 2023 19 minutes ago, Crnr2Crnr said: I'm seeing vehicles prices not meeting reserve or selling with no reserve for 20%+ less than they were a few months ago. Prices for used are normalizing, we just need a good solid recession to push the debt slaves over the edge. Idk if J Powell will let it though. Saw a slight dip today in CDs after reupping one last month. This country hasn't suffered in a long time, and imo it needs to happen. Our GOV and personal debt is unprecedented. I hope used Porsche prices come down, they're stupid. I hear you on the debt, many of these fuckers in Washington need to be drawn and quartered. But its how the sausage is made in that town. I think the odds of a recession are still less than 50% next year, many metrics are still strong. I think the middle class has suffered enough too. Young families need 2 good incomes to get by today much less get ahead. Let the government and all the spending suffer, leave them alone. 2 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted November 17, 2023 Share Posted November 17, 2023 Porsche it’s going anywhere. Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted November 17, 2023 Share Posted November 17, 2023 Still waiting for the GT3 market to completely tank, kind of like the lux SUV market and EV markets are doing right now. 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted November 17, 2023 Author Share Posted November 17, 2023 51 minutes ago, Mainecat said: Porsche it’s going anywhere. no, if you listened they were killing it by selling shitloads of 'rare' and highly profitable models that people were financing and flipping due to low interest rates. maybe you just didn't watch it 14 minutes ago, racinfarmer said: Still waiting for the GT3 market to completely tank, kind of like the lux SUV market and EV markets are doing right now. depending on the year, and according to JayEmm they are in Britain. have seen several on BAT not bringing all the money recently. wonder if this will apply to sled speculators and flippers as well. saw some silly asking prices in 22/23 Quote Link to comment Share on other sites More sharing options...
Rod Posted November 17, 2023 Share Posted November 17, 2023 1 hour ago, Crnr2Crnr said: no, if you listened they were killing it by selling shitloads of 'rare' and highly profitable models that people were financing and flipping due to low interest rates. maybe you just didn't watch it depending on the year, and according to JayEmm they are in Britain. have seen several on BAT not bringing all the money recently. wonder if this will apply to sled speculators and flippers as well. saw some silly asking prices in 22/23 Lol if you think MC understands anything about financials Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted November 17, 2023 Share Posted November 17, 2023 I also would settle for a 911 Dakar. So when that market craters, I'm all in. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted November 17, 2023 Platinum Contributing Member Share Posted November 17, 2023 8 hours ago, Mainecat said: Porsche it’s going anywhere. You can't be this bad yet Quote Link to comment Share on other sites More sharing options...
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