Frustration with porsche
#31
Sure, Porsche could have squelched demand by pricing the 991GT cars 20% higher. But these are not supposed to be halo cars or collectors items - that is the role of the 918, and the inevitable GT2 and 960 variants to come. The whole point of the GT3 and GT3RS is to take a pounding on the track, which is getting harder to justify with current supply and pricing trends.[/QUOTE]
+1
+1
#32
Rennlist Member
#33
Burning Brakes
Seeing how Porsche is one the most profitable automobile companies in the world with some of the smartest and most talented employees, I stopped second guessing them a long time ago. In other words, they know what the hell they are doing.
#34
Rennlist Member
thats why I cant imagine them building cars to lose money
#35
Rennlist Member
Supposedly they lost money on every 918. Just sayin'.
#36
Nordschleife Master
That's the thinking that separates a good company from a great company. Apple is never satisfied. But I agree, they know what they are doing usually and are highly profitable. But I would bet anything behind closed doors that they underestimated demand and price point for the 991 gt cars
#37
Three Wheelin'
The 991 GT3 got caught in the huge updraft of the stock market. Many new buyers feeling "rich" went to get one ( known as the wealth effect). I guess Porsche was caught flat footed plus the early fires put a damper on production. The stock market is now going the other way with all the China issues and the low employment number last Friday.
Hang on. Your time will come and maybe sooner than later!
Hang on. Your time will come and maybe sooner than later!
#38
Guys the fact that we're having this discussion means that Porsche's plan is working.
GT cars are halo cars as several have said. PAG limits production for that reason and because profits are lower at the price point that makes them relevant for more people. At $300K MSRP fewer of us would be looking at a GT3 RS. There is way more profit in a TTS Cab, just look at out-the-door depreciation.
Sure they underestimate demand sometimes, just look at what happened with LWB seats. Otherwise, you can be sure they know what they are doing.
Why be irritated, its just business. If we don't like it, if you can't get what you want, there are other cool cars to buy.
GT cars are halo cars as several have said. PAG limits production for that reason and because profits are lower at the price point that makes them relevant for more people. At $300K MSRP fewer of us would be looking at a GT3 RS. There is way more profit in a TTS Cab, just look at out-the-door depreciation.
Sure they underestimate demand sometimes, just look at what happened with LWB seats. Otherwise, you can be sure they know what they are doing.
Why be irritated, its just business. If we don't like it, if you can't get what you want, there are other cool cars to buy.
#39
I think it works, I buy more Porsches than I would otherwise because I get toys at MSRP that don't really depreciate. If it wasn't for that, I would have probably bought a CRV instead of a Macan S to save money for toys.
#40
Nordschleife Master
And would you buy less if they made 10% more? Would you even know they made 10% more? What about if sticker was 10% more? I know I would. My point was simply that I think the dealers and brokers are getting all the market adjustment profit and Porsche is leaving money on the table. And because the msrp and supply is deflated to market, it's anarchy at the dealers and a crap shoot as to true pricing. A friend mentioned his dealer has set up a lottery auction system. It's silly. Of course they are halo cars, going to be that even if they doubled supply.
Of course we are going to banter about it here, it's a car forum
Of course we are going to banter about it here, it's a car forum
#41
They're making about 25% more vs the 997.2 RS - so they're increasing production and price as it is.
Sure Porsche is leaving money on the table for the some dealers with the RS, but the dealers take most of the pain trying to move a TTS or regular 911. Porsche makes a 70% Margin - dealers offer 6% to 10% discount out of a ~13% dealer margin. I guarantee you Porsche is much better off doing it this way. They allocate the RSs based on 911 volumes and encourage dealers to move more higher profit margin product for Porsche while the dealers take the pain.
Sure Porsche is leaving money on the table for the some dealers with the RS, but the dealers take most of the pain trying to move a TTS or regular 911. Porsche makes a 70% Margin - dealers offer 6% to 10% discount out of a ~13% dealer margin. I guarantee you Porsche is much better off doing it this way. They allocate the RSs based on 911 volumes and encourage dealers to move more higher profit margin product for Porsche while the dealers take the pain.
#42
Rennlist Member
They're making about 25% more vs the 997.2 RS - so they're increasing production and price as it is.
Sure Porsche is leaving money on the table for the some dealers with the RS, but the dealers take most of the pain trying to move a TTS or regular 911. Porsche makes a 70% Margin - dealers offer 6% to 10% discount out of a ~13% dealer margin. I guarantee you Porsche is much better off doing it this way. They allocate the RSs based on 911 volumes and encourage dealers to move more higher profit margin product for Porsche while the dealers take the pain.
Sure Porsche is leaving money on the table for the some dealers with the RS, but the dealers take most of the pain trying to move a TTS or regular 911. Porsche makes a 70% Margin - dealers offer 6% to 10% discount out of a ~13% dealer margin. I guarantee you Porsche is much better off doing it this way. They allocate the RSs based on 911 volumes and encourage dealers to move more higher profit margin product for Porsche while the dealers take the pain.
#43
And would you buy less if they made 10% more? Would you even know they made 10% more? What about if sticker was 10% more? I know I would. My point was simply that I think the dealers and brokers are getting all the market adjustment profit and Porsche is leaving money on the table. And because the msrp and supply is deflated to market, it's anarchy at the dealers and a crap shoot as to true pricing. A friend mentioned his dealer has set up a lottery auction system. It's silly. Of course they are halo cars, going to be that even if they doubled supply.
Of course we are going to banter about it here, it's a car forum
Of course we are going to banter about it here, it's a car forum
Yes, fun to banter, but wow the emotion in this rivals MT v. PDK. It's just business.
#44
I think allocations should be every dealer gets one, then if you sell that one to a previous customer, you get another and so one, this rewards dealers or having a good relationship with customers, the current system favors large dealers in market with lots of *********
My dealer is fairly confident more are coming.
#45
Dealers are dealers
Here's what I have come across my dealer now says no more list or should I say they have a list but it just means they will offer the car to you at a price they determine. Same dealer says other dealers are marking up cars so they will now as well- nice morals there. Same dealer has a list for gt4 but is getting a special allocation car do since this car is not one that can be ordered they have decided to skip the list and offer it at market rate somewhere around 25 k over. All the while the dealer says we are honest trustworthy and looking out for me. Porsche should be ashamed and the way this has played out has me a life long porsche fan owner and driver for the first time looking at other brands. I am sick of being treated like some
Lower class citizen by a marque that was supposed to be a drivers car not a snobbery / status symbol - porsche will have their day of reckoning as will these dealers I only hope I see it
Lower class citizen by a marque that was supposed to be a drivers car not a snobbery / status symbol - porsche will have their day of reckoning as will these dealers I only hope I see it