Why didn't Porsche simply increase the price of their 718 GT models if they were so p
#1
Why didn't Porsche simply increase the price of their 718 GT models if they were so p
Genuinely curious. I understand that in most markets, additional dealer markup is illegal, but even in those markets, the waiting lists for the Spyder/GT4 were insane. If the market was willing to accept a 10-20-30k ADM on these models, why didn't Porsche increase the base price?
#3
$1650 for sh...ty delivery process, $1500 for a "lottery-like" ED process.. Lucifer is just bored to wait for his out-of-state ordered car, lol.
I got my stripper 4RS finally! And we"re ready to "rock-n-roll" at Laguna. Should be able to do below 1:35? 😎. Did 1.38:27 in a "lowly Carrera S powered" 981 GT4 🤣🤣.
#4
Now a 4RS is $163k! Happy now?😁.
$1650 for sh...ty delivery process, $1500 for a "lottery-like" ED process.. Lucifer is just bored to wait for his out-of-state ordered car, lol.
I got my stripper 4RS finally! And we"re ready to "rock-n-roll" at Laguna. Should be able to do below 1:35? 😎. Did 1.38:27 in a "lowly Carrera S powered" 981 GT4 🤣🤣.
$1650 for sh...ty delivery process, $1500 for a "lottery-like" ED process.. Lucifer is just bored to wait for his out-of-state ordered car, lol.
I got my stripper 4RS finally! And we"re ready to "rock-n-roll" at Laguna. Should be able to do below 1:35? 😎. Did 1.38:27 in a "lowly Carrera S powered" 981 GT4 🤣🤣.
$140k in 2021 equates to $155k in today's money, so the increase isn't really that significant. However, my question is: If people are clearly willing to pay more than $163k, why doesn't Porsche raise the price to the point where demand meets supply?
#5
Porsche thinks about the long term value of the brand and not just the cars it'll sell in the next 6 months. There has been an on-going fear of world-wide recession. Porsche doesn't want to ever lower prices (it would diminish the brand's value and set up expectations that prices could go down in the future delaying purchases), so it would be risky to raise prices and not sell what they plan to produce. Also keep in mind that ADM is different in different markets. Hot markets like Southern California will have more demand than supply. Also, dealers asking for high ADMs tend to have those vehicles sitting on lots longer than dealers selling for MSRP, so it's a calculated risk on their part for short term gain. Porsche doesn't want you to buy just one car, they want you to buy many cars over time.
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howardchen416 (12-26-2023),
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#7
Porsche thinks about the long term value of the brand and not just the cars it'll sell in the next 6 months. There has been an on-going fear of world-wide recession. Porsche doesn't want to ever lower prices (it would diminish the brand's value and set up expectations that prices could go down in the future delaying purchases), so it would be risky to raise prices and not sell what they plan to produce. Also keep in mind that ADM is different in different markets. Hot markets like Southern California will have more demand than supply. Also, dealers asking for high ADMs tend to have those vehicles sitting on lots longer than dealers selling for MSRP, so it's a calculated risk on their part for short term gain. Porsche doesn't want you to buy just one car, they want you to buy many cars over time.
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#8
Genuinely curious. I understand that in most markets, additional dealer markup is illegal, but even in those markets, the waiting lists for the Spyder/GT4 were insane. If the market was willing to accept a 10-20-30k ADM on these models, why didn't Porsche increase the base price?
The following 2 users liked this post by n4v4nod:
Airbag997 (12-25-2023),
usctrojanGT3 (12-25-2023)
#9
#10
Why is it that mostly CA guys advocate for a PAG price increase because of the ADM their stealers command from all the stupid 💰 in their locales? Posts on RL have shown that stealers will still add ADM regardless.
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The following 2 users liked this post by Alan C.:
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#12
I think it’s too late. This might have worked 10 years ago, but now all the dealers are corrupted and you’re right they will charge adm anyway.
Still pisses me off though. I’m glad and sad that my incoming Spyder RS will likely be my last new Porsche GT car purchase.
Things going all EV/hybrid will save me a lot of money…..
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usctrojanGT3 (12-26-2023)
#13
I am relatively new to the US car market, and while doing some research I discovered that even 8 years ago, 981 Spyders had 10k+ ADM (I thought it is a covid thing), and I was honestly just curios how is it possible that this is the case for so long. I would expect that either PCNA put an end to this or PAG just increase the price enough that ADM will no longer work.
@Pokerhobo comment actually makes a lot of sense.
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Pokerhobo (12-26-2023)
#14
Anyone who thinks that dealers don't collude with each other when it comes to ADMs. Isn't interesting that most dealers have very similar ADMs? Why do you think that is? How did the GT3RS ADMs automatically start at $200k? One thing is for sure, it wasn't a number picked out of a hat.
The following 2 users liked this post by usctrojanGT3:
BabyNSX (12-30-2023),
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#15
AFAIK only in ROK (CA).
+1
Anyone who thinks that dealers don't collude with each other when it comes to ADMs. Isn't interesting that most dealers have very similar ADMs? Why do you think that is? How did the GT3RS ADMs automatically start at $200k? One thing is for sure, it wasn't a number picked out of a hat.
The following 2 users liked this post by ExMB:
Larry Cable (12-28-2023),
usctrojanGT3 (12-26-2023)