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View Poll Results: For your new 991 GT3 or GT3 RS purchase, did you pay ADM?
Not so simple - I had a trade-in or am in the 918 VIP program
9
6.52%
No, I got it for MSRP
110
79.71%
Yes, I paid ADM of less than $10,000
4
2.90%
Yes, I paid ADM of $10,000 or more
15
10.87%
Voters: 138. You may not vote on this poll

Poll: Did you pay ADM on GT3 purchase

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Old 08-01-2017, 05:33 PM
  #16  
ace37
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For those that paid under MSRP, that's great.
I didn't think that would be a significant number but perhaps I was mistaken.

The big thing this shows though is the majority of buyers on rennlist were able to get their car without paying any ADM at all.

Considering the other poll asking how long it takes to acquire a new GT3 or GT3 RS at MSRP from when a deposit is placed, that tells two things:
1. Regardless of what a sales rep at a dealer tells you, ADM is not typically paid to get these cars. This is important for first time buyers and is what I hoped to see from the poll results.
2. If a buyer is willing to pay ADM to cut the line, the typical amount of time for an MSRP car is an important baseline. If you won't get the car significantly faster, it's not worthwhile to pay a large ADM premium. But each of us will have different definitions for getting the car significantly faster and what is a large premium to pay.

Admittedly by mixing the GT3 and RS data the RS buyers will get less from this result. Too late now.
Old 08-01-2017, 07:27 PM
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tgibrit
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For those that have traded your current GT3 now, does the dealer need to keep the value of the trade in order to qualify for the tax credit - I have been told if they cut me a check now, they will not be able to credit my trade when I picked the .2 GT3 - it seem logical but I wanted to check what others are hearing.
Old 08-01-2017, 07:39 PM
  #18  
0to60
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Originally Posted by tgibrit
For those that have traded your current GT3 now, does the dealer need to keep the value of the trade in order to qualify for the tax credit - I have been told if they cut me a check now, they will not be able to credit my trade when I picked the .2 GT3 - it seem logical but I wanted to check what others are hearing.
To qualify for tax credit on my trade, I did not receive a check. The trade credit is listed on my buyers order and I qualify for the tax savings. Turned my GT3 over to the dealer May 17 and will receive my GT3 sometime Q1 2018. Hope this helps.
Old 08-01-2017, 07:49 PM
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usctrojanGT3
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Oh so basically an interest free loan to the dealer for about a year until the car arrives. I can do a whole lot with $100k+ in one year.
Old 08-01-2017, 07:50 PM
  #20  
0to60
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Originally Posted by ace37
For those that paid under MSRP, that's great.
I didn't think that would be a significant number but perhaps I was mistaken.

The big thing this shows though is the majority of buyers on rennlist were able to get their car without paying any ADM at all.

Considering the other poll asking how long it takes to acquire a new GT3 or GT3 RS at MSRP from when a deposit is placed, that tells two things:
1. Regardless of what a sales rep at a dealer tells you, ADM is not typically paid to get these cars. This is important for first time buyers and is what I hoped to see from the poll results.
2. If a buyer is willing to pay ADM to cut the line, the typical amount of time for an MSRP car is an important baseline. If you won't get the car significantly faster, it's not worthwhile to pay a large ADM premium. But each of us will have different definitions for getting the car significantly faster and what is a large premium to pay.

Admittedly by mixing the GT3 and RS data the RS buyers will get less from this result. Too late now.
“cut the line”
A little harsh. Don’t you think ?
In order to “cut the line” we must believe the LINE was set up fair, its NOT.
While I am not a proponent of paying an ADM, I am of the belief that we all pay an ADM, one way or another:

Straight up ADM ($$$$)
Trade GT car certain % under MSRP (my action this purchase)
Many P car purchases (paying ADM little by little)
918 owners (payed out a ton of cash up front)
Old 08-01-2017, 07:57 PM
  #21  
0to60
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Originally Posted by usctrojanGT3
Oh so basically an interest free loan to the dealer for about a year until the car arrives. I can do a whole lot with $100k+ in one year.
Yes, I am a fool. I am not as smart as most RL's are. I could put the 100K in a savings account and earn a half % interest. Then again, instead of paying the State registration fee/tax I could CHEAT and register in Montana under an LLC. I play it square and honest, I guess Im the fool.
Old 08-01-2017, 08:14 PM
  #22  
gago1101
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Let's agree that not paying an ADM is a matter of principal. Otherwise, it makes sense to do so to get the car, given the current market. I do appreciate the principal; let us stick to it!
Old 08-01-2017, 08:52 PM
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tgibrit
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Originally Posted by 0to60
To qualify for tax credit on my trade, I did not receive a check. The trade credit is listed on my buyers order and I qualify for the tax savings. Turned my GT3 over to the dealer May 17 and will receive my GT3 sometime Q1 2018. Hope this helps.
thanks for the reply, much appreciated. Mine should be here in November, so they say
Old 08-01-2017, 09:49 PM
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Nizer
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Just a word on the dealer game...
.
Old 08-01-2017, 10:17 PM
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gago1101
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Originally Posted by Nizer
Just a word on the dealer game...
.
https://www.youtube.com/watch?v=YE8i2rz8Dwk
I thought Shmee was the last person I wanted to see on youtube. One can always be surprised.
Old 08-01-2017, 11:54 PM
  #26  
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Man. My stomach hurts after watching that video idiot.
Old 08-02-2017, 01:45 AM
  #27  
ace37
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Originally Posted by 0to60
“cut the line”
A little harsh. Don’t you think ?
In order to “cut the line” we must believe the LINE was set up fair, its NOT.
While I am not a proponent of paying an ADM, I am of the belief that we all pay an ADM, one way or another:

Straight up ADM ($$$$)
Trade GT car certain % under MSRP (my action this purchase)
Many P car purchases (paying ADM little by little)
918 owners (payed out a ton of cash up front)
I didn't mean to be harsh so perhaps my choice of words was poor. Porsche isn't producing enough cars to meet demand. Supply is the issue, not whether someone pays ADM or not. I don't think the line should exist.

What I really would hate to see is for someone to be misled or not understand how the process currently works and pay ADM because they are (falsely) convinced there is no other way. If someone pays ADM eyes wide open that's just fine - that just means Porsche needs to make more cars.
Old 08-02-2017, 01:59 AM
  #28  
0to60
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Originally Posted by ace37
I didn't mean to be harsh so perhaps my choice of words was poor. Porsche isn't producing enough cars to meet demand. Supply is the issue, not whether someone pays ADM or not. I don't think the line should exist.

What I really would hate to see is for someone to be misled or not understand how the process currently works and pay ADM because they are (falsely) convinced there is no other way. If someone pays ADM eyes wide open that's just fine - that just means Porsche needs to make more cars.
It's all good.
Unless PAG increases GT car production to meet demand ADM are in play. I hate the idea of an ADM, but most of us pay it one way, or another.
Old 08-02-2017, 08:15 AM
  #29  
white6speed
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Why is there so much angst about ADM. only 11 people said they paid ADM. comments on the forum could make one think all cars out of Calif and 50% of the rest of the country paid ADM. the reported numbers to date do not indicate this.
Old 08-02-2017, 08:32 AM
  #30  
Nizer
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Originally Posted by ace37
Porsche isn't producing enough cars to meet demand. Supply is the issue, not whether someone pays ADM or not.
135 used 991 GT3's and 72 used 991 RS's suggest supply isn't the issue.


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