FORENN

Congrats! Just curious, what is depreciation like on the Targa 4GTS? Enjoy the break-in and nice job on the 3% discount!

vipertom 1970

I don't know, Targas are unique but I don't buy a toy and worry about depreciation too much and don't know why people always worry about it.

jnmit12

In a very brief search, I'm seeing dealers come off the ask pretty quick on used .2GT3 inventory. Looks like being too busy to pursue in the Spring worked out well for me.

Yippiekiaye

jackmac

Tom,
Are you sure you won't reconsider ? Maybe this will change your decision or anyone who is on the fence.


Fast forward to 3:52 and turn up the volume.

j/k. Best of luck either way.
Jack

2006m5

vipertom 1970

sampelligrino

What's funny is when I am driving my GT3 up PCH I am thinking to myself wow, a Targa or cab would be killer...

Enjoy in good health my friend and to be honest with you, my GT3 might be my first and last new GT car purchased because I'm close to done with giving any dealer a nickel of my hard earned money based on the politics/games they are playing with most people who aren't whales or have extensive purchase history in my markets. You made an awesome choice, spec also looks really good

Manifold

Root cause is that the supply from Porsche doesn't meet the current demand. But some of the demand is artificial, due to flippers and people who rely on low depreciation to buy the car, so it's kind of a vicious cycle. With a bit more supply, you'd have more normal depreciation, buyers who plan to own the cars longer term and put meaningful miles on them, no ADM (maybe even some discount relative to MSRP, as with other Porsches), and ability to place an order from your local dealer without having to play games. Higher interest rates and some cooling of the economy and stock markets will also curb some of the artificial demand. Those of us who already own GT cars benefit from all of this (I have two), but I'd prefer a more normal market, since I have an interest in maybe getting an RS and I don't like the games either.

sampelligrino

I think the fact that they limit supply or cannot meet demand is not necessarily a bad thing, as it's human nature to want what we can't have or what is "exclusive"/"limited" even if we want to deny that. Who knows what demand would be like if everyone could sign up and get a GT3 or the lot was stocked with them, I honestly don't know.

What I take big issue with, is that the dealers have gotten greedy as soon as one started charging ADMs, and using these allocations as carrots on a stick to try and get clients to do dumb things like buy other cars they don't want, or try to "build a relationship" whatever way the dealer wants which is a very very speculative and uncertain way to get a car you really want with $200k cash in hand. It definitely makes sense to reward the best customers with the harder to get cars, I totally understand and buy that. What I take issue with is the extent of which they do that and try to **** over the little guys who wait patiently and just want to own/drive their dream car which is what this should be all about. They are so focused on greed, with customer experience and service thrown out the window to make quick profits... I don't want to generalize but in my experience, if the Porsche dealer is not owned by a mom and pop operation as their sole Porsche dealership (e.g. chains, or dealers in bigger markets), I trust them about as far as I can throw them because what they tell me is one thing while I am sure they are huddled in their meetings discussing a different thing entirely. I go in with a mentality that they will **** me over if they can in any way shape or form which is not necessarily a good experience, and they can tell me one thing and then a different or subjectively "better" client walks in and hears another thing. And when I read/see other RLers have this experience, that irks me. Much much much bigger problems in the world, but I work too hard for my money to pay for this type of experience. I'm going to try and buy my next cars privately/from enthusiasts and if I even have to pay more (look at how many delivery mile cars for sale or I'll go air cooled), I probably will rather than give dealers my money. Only issue is euro delivery but another fun thing I'm considering is buying something fun and leaving it abroad

vipertom 1970

[QUOTE=sampelligrino;15254247

Enjoy in good health my friend and to be honest with you, my GT3 might be my first and last new GT car purchased because I'm close to done with giving any dealer a nickel of my hard earned money based on the politics/games they are playing with most people who aren't whales or have extensive purchase history in my markets. You made an awesome choice, spec also looks really good[/QUOTE]


That's exactly how I felt, the game playing and taking care of the whales really got to me but at the end I will for sure put more miles on this baby then most GT3 owners and will put a big smile on my face when I am driving it. The fun will start this Sunday when I go to pick up my Targa.

Manifold

I believe the dealer profit built into these cars at MSRP is around 10%, and if dealers can double that profit or more, I expect that they'll try to do that. They're just responding to incentives. If I could easily double the profits of my business without significant adverse long-term effects and without doing anything illegal, I'd do it. And keep in mind that every dealership has owners, and for them especially it's largely about the bottom line, rather than the interactions with customers which sales people and sales managers deal with.

Addicted-2-Speed

Yes, yes, and yes! Whether dealers or mafia it's...“It’s not personal. It’s strictly business.”

sampelligrino

Well you and I differ there and that's totally ok, everyone is entitled to their opinion. I care more about staying true to my values and doing things with integrity rather than focusing on my bottom line, and I believe I've been more rewarded for that than a singular focus on profit. Money/profit is not everything to me and I care more about delivering a product to my customers that I can be proud of, and ensure I do what I can to make sure their experience is great, that they are happy. If that costs me 5-10% in profit, I'll take that hand over fist any day of the week, profit and money is not going to dictate how I run my business (I'm a home builder) but having happy clients and delivering a quality experience is. Money does not control me and it never will. Seems like my mentality is the exception rather than the norm these days, but I don't judge anyone or anything other than my own experiences.

Manifold

I actually share your values. I'm a professional engineer, and have often sacrificed money for the sake of my professional and business values. I've always run my company with a focus on service and let the money be what it is (in my field, I can't substantially increase my profit margin without compromising my values). When I go to bed at night, it's important to me that I feel good about what I do for a living and how I do it.

I just see the car business as a totally different kind of business where the focus is moving product and playing games to maximize the bottom line, hence the generally poor reputation of car dealers and sales people. http://www.slate.com/blogs/the_slate...ofessions.html