09-22-2021, 07:52 PM | #241 |
dogged
Join Date: Dec 2003
Carmudgeonly Ride: '22 M440 xDrive GC
Posts: 13,246
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Apropos. I can’t imagine ever buying a used car from Carvana—unless I just want an appliance and an easy transaction.
That said, I’ve only ever bought one used car—and it was from the brand dealer with an extended warranty (the M3). It was a lease turn in to the same dealer who sold it. |
09-22-2021, 09:01 PM | #242 | |
I like BMWs
Join Date: Oct 2003
Carmudgeonly Ride: X5 M50 / M550
Location: Boston, MA
Posts: 5,782
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Quote:
Carvana and Vroom are definitely retailing older/higher mileage cars they might have passed on a year ago. But so are local dealers. At this point they will retail just about anything that rolls down the road on its own power without the wheels falling off (so long as they can get it to pass a state inspection 😄 since it’s either that or they turn off the lights and go home. As for empty lots, I actually have seen it before. During 2008 when gas prices were insane and everyone wanted to dump trucks in favor of high mpg cars, I was running a MINI store and we got to a few points where we were all sold out. I remember the day we had literally one car left on the ground - Mellow Yellow MCS. Someone rolled up in a H2 and was desperate to not have to fill up the tank one more time. Hated yellow, but we basically said - do you hate it enough to wait xx months for the next unsold car to come in? They drove the yellow car home that afternoon. 😄
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09-22-2021, 09:16 PM | #243 | ||
Chief title editor
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Quote:
When I've compared in the past, it always looked like the difference between their offer-to-buy and offered-for-sale prices on $25-$50k cars has been about $7k. That didn't change from when things were normal pre-COVID through fall of 2020 when the car market seemed to be headed towards something like normalcy...before the chip shortage fucked everything up again. I haven't looked lately, but I'd expect it to be in the same ballpark. I have heard some things from wholesale car buyers that Carvana has/has had buyers out there with instructions to buy everything at times to keep them in inventory and that has pushed prices upwards. I don't think that their standards have lowered, though, but they've been more willing to spend more money on cars they with less regard to condition. Quote:
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09-23-2021, 03:49 PM | #244 |
dogged
Join Date: Dec 2003
Carmudgeonly Ride: '22 M440 xDrive GC
Posts: 13,246
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09-24-2021, 04:45 PM | #245 |
Solving problems
Join Date: Oct 2003
Carmudgeonly Ride: M5 / 718 GTS / Cooper S / GTI / LR4
Location: Metro Boston
Posts: 25,216
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Americans are going to extreme lengths to buy a car amid lingering shortage
After calling dealerships all around the country and discovering that his first choice — a Kia Telluride SUV — was going for $10,000 to $15,000 over MSRP, and his second choice — the Chrysler Pacifica plug-in hybrid - had waiting lists of 50-100+ customers, he did the unthinkable. |
09-24-2021, 09:47 PM | #246 | |
dogged
Join Date: Dec 2003
Carmudgeonly Ride: '22 M440 xDrive GC
Posts: 13,246
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Quote:
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09-25-2021, 11:51 PM | #247 |
Western Anomaly
Join Date: Oct 2003
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In Porsche world, the numbers say that their production is higher than last year. So that it’s a distribution issue. And it will resolve in Q3 and Q4.
And then the bubble will burst. I don’t actually believe this. I think it will last well into Q2 2023. I don’t care if it’s not production but just demand combined with a global inability to get products unloaded from containers. I think demand and shipping constraints will not relax until mid 2023.
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09-26-2021, 11:27 AM | #248 | |
I like BMWs
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Quote:
What is the mix by model though - basically are they making a ton of Macan, Cayenne and Taycan and lower 718/911 mix?
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2020 X5 M50i -- Alpine White / Coffee Leather 2020 M550i -- Carbon Black / Beige Leather |
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09-30-2021, 10:16 PM | #249 | |
Western Anomaly
Join Date: Oct 2003
Carmudgeonly Ride: White Orca
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Quote:
I would know if I was ordering a new car….but I never buy Porsches new.
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10-01-2021, 09:53 AM | #250 | ||
Chief title editor
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Quote:
2021 Q2 sales https://newsroom.porsche.com/en_US/2...021-24978.html Quote:
Code:
Model April-June Sales Year to Date 2021 2020 2021 2020 ALL 911 2,326 2,245 5,108 4,835 ALL 718 906 472 2,412 872 ALL TAYCAN 3,359 818 5,367 1,039 ALL PANAMERA 1,265 871 1,716 2,055 ALL CAYENNE 6,004 3,822 10,234 7,644 ALL MACAN 5,098 3,964 11,489 7,741 TOTAL 18,958 11,994 36,326 24,186
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OH NOES!!!!!1 MY CAR HAS T3H UND3R5T33R5555!!!!!!1oneone!!!!11 Team WTF?! What are you gonna do? |
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