Anyone else get banned from the G8X section for making fun of its looks?

[NickyC]

Originally Posted by FormulaMMM

Have appreciated your G82 ownership updates. You should try to get behind the wheel of an F82 CS and see how it stacks up. Around 30 on the market right now and dropping into the 60's list.

Glad to hear and thanks! Yeah I'm keeping an eye out, but the lack of an armrest on the CS does bug me more than it should. :/

[Arcades]

Originally Posted by GrussGott

I'd say there's an 80% chance the current Porsche 911 market will be status quo forever, for a few reasons:

(1.) Porsche has a great high-volume business with SUVs
Still with plenty of room to grow up-market, down-market, and into new markets - so their revenue base is covered.

(2.) Porsche has a great new products business with BEVs:
The Taycan is a huge success with still room to grow and Porsche hasn't even begun to make BEVs in other form-factors. This is Porsche's opportunity to franchise their brand to many other market segments without any preconceived customer notions to overcome.

(3.) The luxury products market has transformed - shortage are the new-normal
The biggest harbinger of new-normal luxury product shortages is Rolex: starting in 2015 they shifted strategy to planned shortages and curated distribution

There are many reasons for the business model shift, but the largest one is profit margin growth by exploiting the human emotional fear of scarcity:

Basically the top 1% have a lot more money to spend (while the bottom 99% can't afford the new higher prices) and the easiest way to lower customer acquisition costs & increase margins is to limit distribution. A 1%er might be only be 50/50 on getting a 911 until you tell them they're really hard to get Now all of a sudden that 1%er will pay double to get one.

That's why a Rolex Daytona w/ an MSRP of $13k sells grey for $35k - ZOMG they're so scarce!

The luxury market used to be about selling decent volume to the top 10% - now it's about selling high-margin to the top 1%.


And in that being the case, the REAL bargain luxury product for me is LVMH stock.

So you are saying basically super rich people are screwing us over.

[fiveohwblow]

Originally Posted by Arcades

So you are saying basically super rich people are screwing us over.

Well this is new….

[Humdizzle]

Ferrari may be trying to incorporate the scarcity factor too to get higher margins. I think the new V6 296GTB replaces the 488/F8 on their lineup. So if you want to be part of that v8 club you gotta pay up double for the SF90... or be a peasant at local cars and coffee and drive a generation old ferrari.

[clutchdj]

Originally Posted by Arcades

This market is definitely not going to last.

I'm more curious how long it will continue.

997 GT3RS 6MT has been going up in value even before the pandemic and all the shortages though so.

It’s that mezger engine. True dry sump.

[Multimodal]

There's something amusing about a bunch of likely-1%'ers complaining about how the 1% are making everything too expensive. (If you have a household income of $421,926 or more you're in the 1%, according to the Economic Policy Institute. If you're buying a $150,000+ car and not earning this much, please see your financial advisor.)

[Thescout13]

Originally Posted by Mr. Maboomba

There's something amusing about a bunch of likely-1%'ers complaining about how the 1% are making everything too expensive. (If you have a household income of $421,926 or more you're in the 1%, according to the Economic Policy Institute. If you're buying a $150,000+ car and not earning this much, please see your financial advisor.)

Unless you live in CA like we do where you would barely be in the 5% with that same salary. In Missouri? Sure but not in Cali. You should know this being in the Bay Area.

And making fun of ones own people/bracket/group etc. is a storied past time, so I don't see the issue. Regardless, GrussGot sure as shit ain't buying a Porsche that is that expensive.

Lastly, nothing says rich people cannot complain about, well, rich people sucking and the unfairness of a system. For example, I'm happy to be taxed a bit more if it is a net gain for people who are struggling more than me. But that's just me.

[icegrill]

Originally Posted by Mr. Maboomba

There's something amusing about a bunch of likely-1%'ers complaining about how the 1% are making everything too expensive. (If you have a household income of $421,926 or more you're in the 1%, according to the Economic Policy Institute. If you're buying a $150,000+ car and not earning this much, please see your financial advisor.)

Agree. This thread varies from an interesting discussion to an all out bragging banter about the woes of what Porsche seat belt color to pick.

[Multimodal]

Originally Posted by Thescout13

Unless you live in CA like we do where you would barely be in the 5% with that same salary. In Missouri? Sure but not in Cali. You should know this being in the Bay Area.

Tell me about it man. My mortgage payment in SF pays for a townhouse; anywhere else I'd have a half-dozen bedrooms, a pool, four-car garage with lift, etc.

[Sedan_Clan]

Originally Posted by Mr. Maboomba

There's something amusing about a bunch of likely-1%'ers complaining about how the 1% are making everything too expensive. (If you have a household income of $421,926 or more you're in the 1%, according to the Economic Policy Institute. If you're buying a $150,000+ car and not earning this much, please see your financial advisor.)

Oh boy! Here we go.

[Arcades]

Originally Posted by Sedan_Clan

Oh boy! Here we go.

The weather's been pretty warm lately. Almost 100 today!

[swagon]

Originally Posted by Arcades

So you are saying basically super rich people are screwing us over.

Originally Posted by fiveohwblow

Well this is new….

At least Porsche buyers don't have to let their spouses fuck the salesmen in order to get a car... unlike it is with Rolex.

[swagon]

Originally Posted by GrussGott

There are many reasons for the business model shift, but the largest one is profit margin growth by exploiting the human emotional fear of scarcity:

ZOMG they're so scarce!

Great point.

Hype is how the sneaker game is run, too. Kicks with a retail price of $200+, manufacturing costs in the 20s, hyped up by instagram pages and resellers with bots who then make the website crash so that mere mortals like me can't get their shoes on release day.

I used to be able to get Yeezys on the adidas website no problem a couple years back, now it's all pure luck. Tbf, this happens even with "lesser" sneakers, too.

The son of a Nike exec was caught this year buying sneakers on her company card, hoarding them and reselling for a good profit. Ugh.

[GrussGott]

Originally Posted by swagon

The son of a Nike exec was caught this year buying sneakers on her company card, hoarding them and reselling for a good profit. Ugh.

here in the US a major used watch retailer Govberg did this with a watch brand, twice! I think the first was FP Journe ... they basically bought up every one they could find on the market, then jacked the prices up sky high and opened up sales via limited distribution.

Next thing you know, that FP you couldn't get 20% of MSRP on a year ago is now going for over, and they're tough to find.

Same thing is happening to Omega Seamasters now - Swatch has always positioned them as the available (and better) Rolex Sub so hopefully SMPs don't go full scarcity, but they might!

[swagon]

Originally Posted by GrussGott

here in the US a major used watch retailer Govberg did this with a watch brand, twice! I think the first was FP Journe ... they basically bought up every one they could find on the market, then jacked the prices up sky high and opened up sales via limited distribution.

Next thing you know, that FP you couldn't get 20% of MSRP on a year ago is now going for over, and they're tough to find.

Same thing is happening to Omega Seamasters now - Swatch has always positioned them as the available (and better) Rolex Sub so hopefully SMPs don't go full scarcity, but they might!

Us Seiko boys don't have to worry about scarcity... just inaccurate time You'd think a PADI diver made in Japan wouldn't have to be adjusted every two weeks.

[Sedan_Clan]

Originally Posted by Arcades

The weather's been pretty warm lately. Almost 100 today!

Yes! Yes it has. I will be three shades darker by the time the day is over.

[Sedan_Clan]

Originally Posted by swagon

At least Porsche buyers don't have to let their spouses fuck the salesmen in order to get a car... unlike it is with Rolex.

Originally Posted by GrussGott

here in the US a major used watch retailer Govberg did this with a watch brand, twice! I think the first was FP Journe ... they basically bought up every one they could find on the market, then jacked the prices up sky high and opened up sales via limited distribution.

Next thing you know, that FP you couldn't get 20% of MSRP on a year ago is now going for over, and they're tough to find.

Same thing is happening to Omega Seamasters now - Swatch has always positioned them as the available (and better) Rolex Sub so hopefully SMPs don't go full scarcity, but they might!

Originally Posted by swagon

Us Seiko boys don't have to worry about scarcity... just inaccurate time You'd think a PADI diver made in Japan wouldn't have to be adjusted every two weeks.

All of this talk about Omegas and Rolexes, and I'm over here with a couple of peasant Hamilton's and a peasant PAM Regatta (…the latter which had me questioning my common sense when I spent nearly five figures on a friggin watch……a watch I haven't worn in years now, that just sits in its box along with one of my Hamilton's). My other Hamilton with a Gunny strap - I have a few Gunny's for each watch - just sits on my nightstand…….dead. I need to get a watch winder.

[swagon]

Originally Posted by Sedan_Clan

All of this talk about Omegas and Rolexes, and I'm over here with a couple of peasant Hamilton's and a peasant PAM Regatta (…the latter which had me questioning my common sense when I spent nearly five figures on a friggin watch……a watch I haven't worn in years now, that just sits in its box along with one of my Hamilton's). My other Hamilton with a Gunny strap - I have a few Gunny's for each watch - just sits on my nightstand…….dead. I need to get a watch winder.

Man says he's got peasant watches and then says he's dropped nearly five figures on one. Mine was five hundo and it's my first and last one ever!

The one in the pic is nice.

[Sedan_Clan]

Originally Posted by swagon

Man says he's got peasant watches and then says he's dropped nearly five figures on one. Mine was five hundo and it's my first and last one ever!

The one in the pic is nice.

Well in the watch world, a couple of +/- $1500 Hamilton's and a PAM Regatta, which I paid about $8,000 for after a deep discount are peasant watches next to somebody's $30k Rolex. Lol! I was going through a watch fetish back in 2011-ish and was on watchuseek.com and a few other watch forums back then.

Thanks! That one is part of the Jazzmaster Chrono series of watches and is, by far, my favorite…..even over the PAM (…I think I wanted the Panerai because it was the equivalent of Porsche to me; the attainable high end watch that had a design that fit my personality/style. Rolexes, Omegas, etc. are just too rich for my blood and not really my style…..like a Ferrari or Lambo). My other Hamilton is one of the X-Wind chronos and is my least favorite. I do love Gunny straps though!!!

You've got to get at least one premium watch bro. Come to the dark side.

[swagon]

Originally Posted by Sedan_Clan

Well in the watch world, a couple of +/- $1500 Hamilton's and a PAM Regatta, which I paid about $8,000 for after a discount are peasant watches next to somebody's $30k Rolex. Lol! I was going through a watch fetish back in 2011-ish and was on watchuseek.com and a few other watch forums back then.

Thanks! That one is part of the Jazzmaster Chrono series of watches and is, by far, my favorite…..even over the PAM (…I think I wanted the Panerai because it was the equivalent of Porsche to me; the attainable high end watch. Rolexes, etc. are just too rich for my blood). My other Hamilton is one of the X-Wind chronos and is my least favorite. I do love Gunny straps though!!!

I just can't imagine wearing such an expensive thing on my arm. I'd probably be scared someone would cut my hand off just for the watch lol

You should wear your watches! I wear mine 24/7, just not in the gym, I think it's cool to have patina on a watch. Tells stories. Mine's scratched up from work and I don't mind at all. I'll just change the glass if needed. But I guess it's the same as not wanting to scratch wheels on a car - that, I do hate.

[minn19]

Originally Posted by swagon

Us Seiko boys don't have to worry about scarcity... just inaccurate time You'd think a PADI diver made in Japan wouldn't have to be adjusted every two weeks.

No problems getting my Apple Watch.

[Sedan_Clan]

Originally Posted by swagon

I just can't imagine wearing such an expensive thing on my arm. I'd probably be scared someone would cut my hand off just for the watch lol

You should wear your watches! I wear mine 24/7, just not in the gym, I think it's cool to have patina on a watch. Tells stories. Mine's scratched up from work and I don't mind at all. I'll just change the glass if needed. But I guess it's the same as not wanting to scratch wheels on a car - that, I do hate.

I should, but admittedly my line of work would absolutely thrash a premium watch. I wear a G-Shock while at work, and by the time my weekend hits, the last thing I want on my wrist is a watch.

Originally Posted by minn19

No problems getting my Apple Watch.

Lmao! I barely wear my Apple Watch. It sits on my nightstand as well. The G-Shock can take a massive beating.