GT car scams
#46
Rennlist Member
Ferrari at capital markets day yesterday announced several new changes, one of which was a significant increase in pricing and a move more upmarket. I would expect Porsche to start to do the same, and capture both the ADM premium as well as reduce the list size for these cars.
#47
Ferrari at capital markets day yesterday announced several new changes, one of which was a significant increase in pricing and a move more upmarket. I would expect Porsche to start to do the same, and capture both the ADM premium as well as reduce the list size for these cars.
#48
Rennlist Member
Agreed, for the most part. But its clear the GT marque is too cheap.
#50
Rennlist Member
Lol at this thread. Is this the 50th spinoff from the original Champion scandal thread?
man, you really turned sour on GT's after swapping for a TTS. Never noticed your posts until about a week ago, but I think I've read comments along these lines at least 15 times in a week. Maybe give the GT section of the forum a break while you get past this? haha
man, you really turned sour on GT's after swapping for a TTS. Never noticed your posts until about a week ago, but I think I've read comments along these lines at least 15 times in a week. Maybe give the GT section of the forum a break while you get past this? haha
#51
Rennlist Member
Absolutely right, glad I did not procrastinate.......The GT3 is awesome for what it is. No performance complaints, just wasn't using it enough, since I already had another weekend car. It didn't take long to figure it out for my driving needs. My intention was to keep it, but this non-flipper was ahead 20K after the decision, so I am better off in that respect and utility of my Porsches.....)
#52
Rennlist Member
ADMs are actually a result of Porsche and PCNA UNDER-pricing their vehicles. If Porsche put an MSRP of $500k on a GT2RS, do you think there would be ADMs? What about a GT3RS at $400k?? Or a GT3 at $250k. They mis-priced their cars at the outset which makes room for scalpers, unscrupulous dealers, and the like.
#54
ADMs are actually a result of Porsche and PCNA UNDER-pricing their vehicles. If Porsche put an MSRP of $500k on a GT2RS, do you think there would be ADMs? What about a GT3RS at $400k?? Or a GT3 at $250k. They mis-priced their cars at the outset which makes room for scalpers, unscrupulous dealers, and the like.
#55
Race Director
Originally Posted by whojoemama
ADMs are actually a result of Porsche and PCNA UNDER-pricing their vehicles.
Correction: UNDER-PRODUCING
Dealers margin is over $18K on an average GT3 build (before sales guy commission). How much more margin do you wanna give them?? Plus PAG is making a healthy profit too. They're not over priced. The economy is over inflated.
ADM hype nets sales guys a bonus 20% of that too. Throw a broker in there, a $5K bone as well. Like a damn Amway gig.
https://www.google.com/amp/s/www.blo...s-up-to-17-250
#56
RL Community Team
Rennlist Member
Rennlist Member
Correction: UNDER-PRODUCING
Dealers margin is like $18K on an average GT3 build (before sales guy commission). How much more margin do you wanna give them?? Plus PAG is making a healthy profit too. They're not over priced. The economy is over inflated.
ADM hype nets sales guys a bonus 20% of that too. Throw a broker in there, a $5K bone as well. Like a damn Amway gig.
https://www.google.com/amp/s/www.blo...s-up-to-17-250
Dealers margin is like $18K on an average GT3 build (before sales guy commission). How much more margin do you wanna give them?? Plus PAG is making a healthy profit too. They're not over priced. The economy is over inflated.
ADM hype nets sales guys a bonus 20% of that too. Throw a broker in there, a $5K bone as well. Like a damn Amway gig.
https://www.google.com/amp/s/www.blo...s-up-to-17-250
#57
Race Director
Originally Posted by ipse dixit
GT cars have the lowest margins for Porsche.
I'd say at over $18K on an average GT3, they're right in there with overall average.
The low GT margin is a myth, unless you think $18K is low margin?
#58
Rennlist Member
Get the middlemen out. I know the dealer network is strong and Porsche lost the fight at some point in the past. I’m a little ignorant, but how can Tesla pull it off, selling directly to consumers?
PS: did all of you watch enthusiasts notice? JLC started selling watches directly from their website. I loved JLC, now I love them more.
https://www.jaeger-lecoultre.com/us/...Cclick=menubar
PS: did all of you watch enthusiasts notice? JLC started selling watches directly from their website. I loved JLC, now I love them more.
https://www.jaeger-lecoultre.com/us/...Cclick=menubar
#59
RL Community Team
Rennlist Member
Rennlist Member
I'd say at over $18K on an average GT3, they're right in there with overall average.
The low GT margin is a myth, unless you think $18K is low margin?
Attachment 1291735
The low GT margin is a myth, unless you think $18K is low margin?
Attachment 1291735
#60
Race Director
Originally Posted by ipse dixit
That number is not accurate. It's not even in the Bloomberg article.
I'm quoting the Bloomberg article as an overall average.
The GT3 margin I quoted is accurate.