GT Cars: The new norm: Under MSRP?
#1
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GT Cars: The new norm: Under MSRP?
With virtually new GT3s now trading below MSRP (I own one) and Porsche increasing production... Is the new norm under MSRP? It appears Porsche no longer wants to limit production. Isn’t the writing on the wall- supply exceeding demand equals lower prices?
I bought mine to drive it. Not panicking. Just observing.
I raise this topic because nobody wants to overpay for their next car. I have ordered regular production Porsche’s for as little as $1,000 over dealer invoice.
I bought mine to drive it. Not panicking. Just observing.
I raise this topic because nobody wants to overpay for their next car. I have ordered regular production Porsche’s for as little as $1,000 over dealer invoice.
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bigkraig (06-21-2019)
#5
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I think Porsche is trying to produce at demand so I don’t think you will see discounting, just a lot less ADM (hopefully). That is clear from GT4/Spyder lauch. Early cars probably will still have some ADM for the first on the block types, but if the message from PAG is you want one you’ll get one just wait should limit that too. Hopefully this makes Martin happy. Although I don’t think you will see near invoice pricing new as on the regular 718 or some other cars.
Remember GT3 is almost 2 years old now so no surprise on discounts (although good luck finding a discounted or MSRP touring ... I have a bunch of people who have PMed me looking without much luck). It might be a little while longer before they drop.
Remember GT3 is almost 2 years old now so no surprise on discounts (although good luck finding a discounted or MSRP touring ... I have a bunch of people who have PMed me looking without much luck). It might be a little while longer before they drop.
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usctrojanGT3 (06-21-2019)
#6
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2018-19s mostly are still selling at MSRP, dealers will try to get $5-20k over still. I bought my 2018 GT3 at MSRP with dealer giving me CPO ($2500 value) and new Center Lock Nuts ($1000 value).
2015-15 GT3 and RS are selling under MSRP. The 2018-19's will follow but not yet I believe.
I suspect a bigger the normal price increase when the 992 GT3 and RS come out. Porsche saw what 991 GT cars were selling at... way over MSRP and Porsche will want a piece of that money instead of giving it to the dealer.
I have to say though this entire subject is extremely BORING. I's much rather discuss, track events, mod's and TrackCars Euro Delivery epic trip. See ya!
2015-15 GT3 and RS are selling under MSRP. The 2018-19's will follow but not yet I believe.
I suspect a bigger the normal price increase when the 992 GT3 and RS come out. Porsche saw what 991 GT cars were selling at... way over MSRP and Porsche will want a piece of that money instead of giving it to the dealer.
I have to say though this entire subject is extremely BORING. I's much rather discuss, track events, mod's and TrackCars Euro Delivery epic trip. See ya!
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#8
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No, the new norm is not under MSRP. What is happening, IMHO, has always happened, there is just more units magnifying the situation. People will always desire the newest iteration and it is how the car evolution cycle works. There are enough enthusiasts out here so they can set a market price to satisfy most who must have it first. People can afford it and if the market is above MSRP it will happen. Two years post initial launch things start to level out, certainly doesn't diminish how great the car is, it's just simple economics of the car cycle and normal depreciation of the vehicle. This will repeat itself for new GT units until there is not enough demand, which I don't see happening.
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phefner (06-20-2019)
#9
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I'm not sure anyone has noticed, but the US prices of new GT cars has been accelerating lately. Even when compared to the home market prices, ours have been going up at a way higher rate.
With the new 718 GT4 and Speedster and GT2 RS, the US had a disproportionate bump to its price.
For the first time, the US price in Dollars is higher than the German price in Euros (including 19% Tax). For example, the German price for a new GT4 is 96k Euros (US price is over $99k before delivery). With the 981 GT4 (and most earlier GT models) we paid fewer dollars ($84,600) in the US than the Germans paid Euros (nearly 86k Euros). With the new one, the German price (with tax) went up 10k and the US price went up nearly 50% more ($15k).
Both the Speedster and GT2 RS also have prices higher in Dollars than in Euros (including tax)
Look how good we have (had) it with the .2 GT3: The Germans pay 152,400 Euros and we pay $143,600. If the 992 GT3 follows this trend (around 18% increase, rather than the 10% increase we last saw with the .2 GT3) the next GT3 will start at $170k before any options. I bought my .2 GT3 well equipped (Full Leather, LWB's, optional Paint color, FAL, etc.) for $158k including Euro Delivery. Until US customers stop paying the much higher prices (and often with ADM on top of that), Porsche will not have any incentive to pull back. I'm hoping this trend does not continue or I'll soon be priced out of the market...
And while this post may have just encouraged the opposite of what I'm hoping, let's not all vote in polls and threads here that speculate that we're expecting (and prepared to pay) much higher prices next round. That sort of thing only adds to Porsche's confidence to keep escalating the price of entry.
With the new 718 GT4 and Speedster and GT2 RS, the US had a disproportionate bump to its price.
For the first time, the US price in Dollars is higher than the German price in Euros (including 19% Tax). For example, the German price for a new GT4 is 96k Euros (US price is over $99k before delivery). With the 981 GT4 (and most earlier GT models) we paid fewer dollars ($84,600) in the US than the Germans paid Euros (nearly 86k Euros). With the new one, the German price (with tax) went up 10k and the US price went up nearly 50% more ($15k).
Both the Speedster and GT2 RS also have prices higher in Dollars than in Euros (including tax)
Look how good we have (had) it with the .2 GT3: The Germans pay 152,400 Euros and we pay $143,600. If the 992 GT3 follows this trend (around 18% increase, rather than the 10% increase we last saw with the .2 GT3) the next GT3 will start at $170k before any options. I bought my .2 GT3 well equipped (Full Leather, LWB's, optional Paint color, FAL, etc.) for $158k including Euro Delivery. Until US customers stop paying the much higher prices (and often with ADM on top of that), Porsche will not have any incentive to pull back. I'm hoping this trend does not continue or I'll soon be priced out of the market...
And while this post may have just encouraged the opposite of what I'm hoping, let's not all vote in polls and threads here that speculate that we're expecting (and prepared to pay) much higher prices next round. That sort of thing only adds to Porsche's confidence to keep escalating the price of entry.
Last edited by GrantG; 06-20-2019 at 12:24 PM.
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Psup4s (06-21-2019)
#12
Bump up the prices so ADM will go into Porche's pocket instead of dealers'.
#13
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This is a good move for Porsche and the community, bad for speculators and some dealers. You should be able to buy a $20,000 Honda Civic, a $200,000 Porsche or a $20,000,000 private jet without begging for it or deal with silly games.
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#14
No offense but you can't compare the price of a vehicle that's often higher than the median home price in some states....we're talking about an expensive toy....Porsche will continue to raise the price as long as there are buyers, which so far there have been....and people will continue to pay ADM in the first 6 months or so of the cars release....same cycle over and over....
#15
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I agree that Porsche will likely keep increasing prices at an accelerating rate to find the limit in the demand. However, this will only contribute to a sharper decline on the other side of the bubble. Not sure that is best for business.