Demand orders.
#31
So what happened?
#32
Welcome to capitalism.
I think it's pretty clear what I am saying and what many US Porsche dealerships are doing. But fine, I will spell it out for you:
The dealers (I would guess most of them, based on anecdotes from this board) play games with their internal "waitlists." Customers are regularly passed over on their position in the internal dealership "waitlist" queue for more profitable customers that are either lower on the waitlist or not even on the waitlist at all. The most profitable customers would be 1) Customers with an in-demand vehicle for trade 2) long time and mostly local customers that generate above average revenue for the dealer and 3) Customers that want to order a new vehicle that is bloated with expensive and profitable options. I contend that this is clearly an unscrupulous business practice.
The dealers (I would guess most of them, based on anecdotes from this board) play games with their internal "waitlists." Customers are regularly passed over on their position in the internal dealership "waitlist" queue for more profitable customers that are either lower on the waitlist or not even on the waitlist at all. The most profitable customers would be 1) Customers with an in-demand vehicle for trade 2) long time and mostly local customers that generate above average revenue for the dealer and 3) Customers that want to order a new vehicle that is bloated with expensive and profitable options. I contend that this is clearly an unscrupulous business practice.
#33
What the heck... This recently happened? For a GT4 by chance?
#34
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I think it's pretty clear what I am saying and what many US Porsche dealerships are doing. But fine, I will spell it out for you:
The dealers (I would guess most of them, based on anecdotes from this board) play games with their internal "waitlists." Customers are regularly passed over on their position in the internal dealership "waitlist" queue for more profitable customers that are either lower on the waitlist or not even on the waitlist at all. The most profitable customers would be 1) Customers with an in-demand vehicle for trade 2) long time and mostly local customers that generate above average revenue for the dealer and 3) Customers that want to order a new vehicle that is bloated with expensive and profitable options. I contend that this is clearly an unscrupulous business practice. And this business practice fosters mistrust and animosity between Porsche customers/potential Porsche customers and independent Porsche dealerships. Over the long term, this damages the Porsche brand among many potential customers (and admittedly also bolsters the brand amongst a few lucky customers). Again, you need look no further than this Porsche message board for frequent evidence of this.
The independent Porsche dealerships in the US are not doing this unscrupulous business practice just because they are meanie jerks. The dealers are doing it because they obviously have a strong financial incentive to behave this way. But logically it also then follows that if Porsche corporate is not taking basic steps to discourage unscrupulous behavior of their dealers like this, then Porsche corporate are at best tacitly condoning it and at worst incentivizing it financially.
No one is "owed" a car, of course. But a customer or potential customer who in good faith puts down a deposit and believes that they are being placed in a first-in-first-out queue should not be bumped out of line by another customer based on the dealer's whim.
I agree with you that most dealers are pretty honest about telling customers their odds of getting a car. And many dealers will tell prospective customers that "Hey we already have X people on the waitlist. So we are not taking anymore deposits." But I don't believe that a majority of dealers are honest about honoring the first-in-first-out order of their dealership "waitlist" deposit/order queue. It would be trivial for Porsche corporate to address this issue by requiring demand orders for all customers and potential customers and enforcing first-in-first-out for that order queue. But Porsche corporate chooses not to...
The dealers (I would guess most of them, based on anecdotes from this board) play games with their internal "waitlists." Customers are regularly passed over on their position in the internal dealership "waitlist" queue for more profitable customers that are either lower on the waitlist or not even on the waitlist at all. The most profitable customers would be 1) Customers with an in-demand vehicle for trade 2) long time and mostly local customers that generate above average revenue for the dealer and 3) Customers that want to order a new vehicle that is bloated with expensive and profitable options. I contend that this is clearly an unscrupulous business practice. And this business practice fosters mistrust and animosity between Porsche customers/potential Porsche customers and independent Porsche dealerships. Over the long term, this damages the Porsche brand among many potential customers (and admittedly also bolsters the brand amongst a few lucky customers). Again, you need look no further than this Porsche message board for frequent evidence of this.
The independent Porsche dealerships in the US are not doing this unscrupulous business practice just because they are meanie jerks. The dealers are doing it because they obviously have a strong financial incentive to behave this way. But logically it also then follows that if Porsche corporate is not taking basic steps to discourage unscrupulous behavior of their dealers like this, then Porsche corporate are at best tacitly condoning it and at worst incentivizing it financially.
No one is "owed" a car, of course. But a customer or potential customer who in good faith puts down a deposit and believes that they are being placed in a first-in-first-out queue should not be bumped out of line by another customer based on the dealer's whim.
I agree with you that most dealers are pretty honest about telling customers their odds of getting a car. And many dealers will tell prospective customers that "Hey we already have X people on the waitlist. So we are not taking anymore deposits." But I don't believe that a majority of dealers are honest about honoring the first-in-first-out order of their dealership "waitlist" deposit/order queue. It would be trivial for Porsche corporate to address this issue by requiring demand orders for all customers and potential customers and enforcing first-in-first-out for that order queue. But Porsche corporate chooses not to...
You agree that V070 and waitlists are nothing more than client lists.
That was my starting position, now it seems you agree and are telling me “what’s what”.
The rest of your lengthy response is how you think it should be run.
If Porsche wanted to do this they could indicate on the PSVMS Build Sheet Retail your number in line.
Porsche even tells you it’s up to the dealer..
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#35
0-Day :GREAT information and also very insightful . Thank you for posting. There's a lot of noise here but sometimes there is clarity like your comment.
Last edited by jeanrabelais; 04-14-2022 at 03:11 PM.
#36
Why are "Order Demands" such a thorn in the side of some peeps? Seems like an internal corporate/vendor funny bone or something. When I first heard the term, and I asked my SA to explain what he meant, I wrote about it here and in that Thread, there was a Lot of unusual and uncalled for Noise too. Weird that one of the biggest know-it-all-negative-bullies here is the moderator. Just saying. don't know why it has to be like that here on a Fancy SPORTS car forum. It's why I don't hang as much here like I used to visit the 981 spyder forum and why I don't post pictures anymore. Why should I give free PR Materials to a bunch of jerks? Half the peeps here don't even act like owners? the topics are all about selling me something I don't even need. My car is perfect as it is. Can we just talk about our cars?
Last edited by jeanrabelais; 04-15-2022 at 11:46 AM.
#37
I get that dealerships eat a bit of $hit in times that the markets aren't on fire as they are presently. But the damage to the brand as far as being viewed as the 'attainable life goal' is really adding up now. They've pushed themselves out of the 'attainable' bucket, only my opinion, with games like this. Even if you toiled with goal in mind to get yourself into one - well, you might have gotten the first 'order demand' in the country for a new model - but that gives you jack crap?
Again, YES, normal people would see that type of practice as unscrupulous. I'm not saying I don't see some merit in the play, I'm just saying I have zero respect for it.
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#38
Why are "Order Demands" such a thorn in the side of some peeps? Seems like an internal corporate/vendor funny bone or something. When I first heard the term, and I asked my SA to explain what he meant and I wrote about it here and in that Thread there was a Lot of Noise too. Weird that one of the biggest know it all-negative-bullies here is the moderator. Just saying. don't know why it has to be like that here on a Fancy car forum.
Porsche isn't Ferrari, no matter how much this forum wants them to be or they themselves want to be. There's no reason someone with a 718 in mind for 2 years can't get one unless they're sucking off the dealership principal, or being forced to buy a Taycan/Panamera to get a slot. It's a f'n cayman for christ sakes, not a 918. Even more $cumbaggy; putting you at a position on a 'list', telling you that your # is coming up - and then saying 'it'll be a 30k adm if you want it, otherwise we're just ordering for inventory'. Because that sure is happening. I'll always subscribe to FIFO ordering logic, as it's the only fair option for your customer base.
Next we'll see people trumpeting AP's 'we intend to build one for every customer who wants one' BS that demo'd with the 991.2, re-hashed for the 992, and was surface-scratched only when it came to the GT4RS. Manufactured scarcity keeps values high for the ones who already own it, as well as helps make a case for future potential owners that it's not a bad financial deal. IMO, porsche should have a right of first refusal contract that re-markets the car at the lease-residualized value based on their programs, for any cars that are sold within 24 months or have less than 10k miles accrued (whichever comes first). What's not doing anyone favors is these things getting sold to sit with no (s)miles on them in some Chiron owners 3rd garage. But, that's the top of the waiting list buyer, so go pound sand little guy who wants a car to drive the pants off.
I'm certain that I can't be the only party with the money set aside who's really frustrated lately. Best of luck.
Last edited by DreiPedals; 04-14-2022 at 05:38 PM.
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#40
Thought I'd ask my SA (one of the top sellers in western Canada) about demand orders:
Do Order Demands actually help you guys get cars?
* Yes absolutely!
Does it work for GT cars or just regular?
* It works for all. More demand we have more units we get.
Not sure why he'd not be truthful there, but take it for what it is worth.
Do Order Demands actually help you guys get cars?
* Yes absolutely!
Does it work for GT cars or just regular?
* It works for all. More demand we have more units we get.
Not sure why he'd not be truthful there, but take it for what it is worth.
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jeanrabelais (04-15-2022)
#41
I've been saving for the GT4 for quite a few years now. I should have done my research back then but I didn't realize how Porsche did their business and now that I'm in a position to buy, I have to deal with ADM and this super convoluted waitlist system that is different for each dealership. Had I known better, I would have put in a deposit for MSRP years ago. But also seeing used GT4s selling for massively above what they were selling for MSRP is really giving me a sour taste in my mouth. It really presents this barrier of entry that honestly shouldn't be there. Why should I pay more for a used one, than I would pay for a new one that I've specced out, even including an ADM. Yes I understand the car market is nuts right now. but the majority is dealership greed more than anything else. If dealerships weren't allowed to sell used vehicles, the pricing wouldn't be so insane in my opinion. Just the other day I saw a GT4 priced at 190k. A used GT4 priced for almost 200k. Yes most likely this is a car that's just being held for someone else. But its also one of 5 available used GT4s in the US that has a PDK. Just insane.
#42
100%
I've been saving for the GT4 for quite a few years now. I should have done my research back then but I didn't realize how Porsche did their business and now that I'm in a position to buy, I have to deal with ADM and this super convoluted waitlist system that is different for each dealership. Had I known better, I would have put in a deposit for MSRP years ago. But also seeing used GT4s selling for massively above what they were selling for MSRP is really giving me a sour taste in my mouth. It really presents this barrier of entry that honestly shouldn't be there. Why should I pay more for a used one, than I would pay for a new one that I've specced out, even including an ADM. Yes I understand the car market is nuts right now. but the majority is dealership greed more than anything else. If dealerships weren't allowed to sell used vehicles, the pricing wouldn't be so insane in my opinion. Just the other day I saw a GT4 priced at 190k. A used GT4 priced for almost 200k. Yes most likely this is a car that's just being held for someone else. But its also one of 5 available used GT4s in the US that has a PDK. Just insane.
I've been saving for the GT4 for quite a few years now. I should have done my research back then but I didn't realize how Porsche did their business and now that I'm in a position to buy, I have to deal with ADM and this super convoluted waitlist system that is different for each dealership. Had I known better, I would have put in a deposit for MSRP years ago. But also seeing used GT4s selling for massively above what they were selling for MSRP is really giving me a sour taste in my mouth. It really presents this barrier of entry that honestly shouldn't be there. Why should I pay more for a used one, than I would pay for a new one that I've specced out, even including an ADM. Yes I understand the car market is nuts right now. but the majority is dealership greed more than anything else. If dealerships weren't allowed to sell used vehicles, the pricing wouldn't be so insane in my opinion. Just the other day I saw a GT4 priced at 190k. A used GT4 priced for almost 200k. Yes most likely this is a car that's just being held for someone else. But its also one of 5 available used GT4s in the US that has a PDK. Just insane.
- Cheap used starter car
- cheap less used american 2nd car
- pricier japanese 3rd car
- even pricier 'entry level luxury' japanese 4th car
- first 'sports' car
- first German car
- Put the family in a luxury German SUV
- A REAL german sportscar
- Something that speaks Italian.
FWIW, one of the guys I drive with just picked up a CPO GT4 with 5-6k miles (PDK, Steels, comfort seats, yellow). All in costs, he spent about 11-13k over msrp on the car.
Not to even mention the BS with the RS model.....where you and I and everyone else knew it was coming, but no dealership would take a 'deposit' or put you on a 'list' - only to then have the car be released for spec and every dealership acting as if there was no prior interest or customers who asked to get a reservation. Nope, just VIPs, f'u to the fans who keep up to speed on what they really want and unfortunately have to plan a little bit for a 200k+ spend.
Last edited by DreiPedals; 04-14-2022 at 07:17 PM.
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#43
Not sure what all the confusion is about. A demand order just tells Porsche 'we have a buyer for this car'.
It does not create an allocation. It will not increase the dealers allocations.
It just make people feel all warm and fuzzy. 'I ordered a Porsche!' But you didn't.
It does not create an allocation. It will not increase the dealers allocations.
It just make people feel all warm and fuzzy. 'I ordered a Porsche!' But you didn't.
#44
Yup, very similar boat here. One problem I have with your reply. Even if you had put down a 'no ADM deal deposit', if the dealership got your allocation released for spec last night but someone walks in today and offers to pay 15k above sticker - "your" allocation isn't yours. That's $hitty operating to me, really really poor - but is what is happening across the country right now. Absolutely agree, for a car of this status, there's no reason that a used one should cost more than new MSRP. It's just really discouraging. I always saw P as one of the final stops on my journey through:
FWIW, one of the guys I drive with just picked up a CPO GT4 with 5-6k miles (PDK, Steels, comfort seats, yellow). All in costs, he spent about 11-13k over msrp on the car.
Not to even mention the BS with the RS model.....where you and I and everyone else knew it was coming, but no dealership would take a 'deposit' or put you on a 'list' - only to then have the car be released for spec and every dealership acting as if there was no prior interest or customers who asked to get a reservation. Nope, just VIPs, f'u to the fans who keep up to speed on what they really want and unfortunately have to plan a little bit for a 200k+ spend.
- Cheap used starter car
- cheap less used american 2nd car
- pricier japanese 3rd car
- even pricier 'entry level luxury' japanese 4th car
- first 'sports' car
- first German car
- Put the family in a luxury German SUV
- A REAL german sportscar
- Something that speaks Italian.
FWIW, one of the guys I drive with just picked up a CPO GT4 with 5-6k miles (PDK, Steels, comfort seats, yellow). All in costs, he spent about 11-13k over msrp on the car.
Not to even mention the BS with the RS model.....where you and I and everyone else knew it was coming, but no dealership would take a 'deposit' or put you on a 'list' - only to then have the car be released for spec and every dealership acting as if there was no prior interest or customers who asked to get a reservation. Nope, just VIPs, f'u to the fans who keep up to speed on what they really want and unfortunately have to plan a little bit for a 200k+ spend.
I had a very similar car journey. The GT car was supposed to be the end goal (not a huge fan of the Italian supercars) and for the most part its within a reasonable price point. But as many have stated, these aren't Ferraris, and I kinda hate that its being treated as such. I spoke about this in other threads but its such a lame barrier of entry. Being someone who could never afford a P car and then deciding, hey I wanna save up for one. And seeing the MSRP and thinking "hey that's doable" only to find out its 20-50k higher than advertised is just such a bad feeling. Granted most of this is definitely the current environment, but I've purchased 4 different cars during the pandemic, and this I s the first car that I'll have to pay some sort of ADM on, if I want one, used OR new. And I didn't exactly buy common cars either.
2020 M2 Competition
Sold that for a 2021 A91 Supra
Sold that for a 2022 Veloster N
All of these are rare and super desirable cars (hell the Veloster N is seeing almost more markup than the previous 2) but the benefit was that the used market was always there and for a decent price. The fact that I'll pay more on the used market for a car not even in the spec I want for a GT4 is just...honestly really annoying. I'm still going to do my best to try and get one new, but its one of those things where if I do. I'm gonna make sure I keep it for as long as I can.
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#45
Sometimes I wonder if people even know what that word means? It's not an excuse to be a donkey, It's a world divided up into property and commodities, where people are alienated from their labor so they can sell it in a marketplace in order to afford to pay for the essentials for living in the very same market place/world. I have a feeling you are really referring to commodity fetishism and not necessarily capitalism per se... just needed to clean up the sloppy rhetoric. We can also discuss use value vs exchange value but let's not throw words around: it's lazy imho. Sorry but I love my Porsche (s) but The attitude on this forum gets really bad sometimes. It's almost like chatting with "dealership" people and not "car" people if you know what I mean. Who decided to divide the forum up by car color? weakest, weirdest and dumbest rubrics I've seen. The forums used to be driven by the readers/users but now they seem driven by a PR team or a dealership? What's going on?. Usually bringing attention to the bad vibes makes them stop.
Last edited by jeanrabelais; 04-15-2022 at 11:41 AM.
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