Allocation Premium
02-01-2017, 12:46 PM
#16
Drifting
Join Date: Aug 2015
Location: Toronto - Exuma - Montego Bay
Posts: 3,195
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Thank goodness I'm north of the border where P dealers aren't allowed to do behave in this manner.
02-01-2017, 12:48 PM
#17
Well, he's definitely going to try to drive the market lower as soon as he can, which is a smart move politically and economically. I'm hoping it's second half of the year, right after he defunds Obamacare and removes the cap gains kicker tax. (And I'm pro-Obamacare, just not the way we're funding it.)
02-01-2017, 12:51 PM
#18
Race Director
I think I will show myself out of this thread. 
02-01-2017, 12:56 PM
#20
Rennlist Member
This will be a whole new soap opera. Allocations should be tighter and premiums will surpass 991.1's by FAR. Porsche has tightened up all dealer allocations. They will milk this one out as much as they can. Dealers and PCNA.
Off the bat? Expect $25-$40K. Will settle into the high teens to $20K year # 2
Manual?? Yikes. Will be even higher.
Off the bat? Expect $25-$40K. Will settle into the high teens to $20K year # 2
Manual?? Yikes. Will be even higher.
02-01-2017, 01:27 PM
#21
Race Director
Originally Posted by tgibrit
It was my understanding from my dealer that PCA will increase supply and raise prices - they do not profit from the dealer markups?
The mark ups are "gifts" and "perks" for the dealers.
02-01-2017, 03:36 PM
#23
Race Car
Thread Starter
I can't imagine $40k over sticker, as you're bumping up against the low end of the RS's out there and a low mileage .1 GT3 starts to look like a huge bargain. I think a base price of $155k, all in with premium, is as high as the GT3 will go, with the rare exception being the poor slob who gets taken by a dealer.
02-01-2017, 05:24 PM
#24
Rennlist Member
GT4 is not comparable because it was really priced too low, so the premiums dealers were getting really just brought the price back into the true market range.
IMO, premiums on this car will depend on how Porsche prices it. If they just do a normal increase consistent with the rest of the .2 range (say into the low $140s), I can see the initial allocations getting GT4-esque $10-20k premiums initially. However, if they increase the base price into the $150k+ category, I don't see much room for premiums. I can't see people paying $165-175k base for a GT3. There's always another car and there's always someone who will want/have to sell their new GT3 six months after they bought it. Patience will be rewarded. At least that's what I'm telling myself to keep me interested in Porsche, because none of the normal model range hold any interest to me anymore.
IMO, premiums on this car will depend on how Porsche prices it. If they just do a normal increase consistent with the rest of the .2 range (say into the low $140s), I can see the initial allocations getting GT4-esque $10-20k premiums initially. However, if they increase the base price into the $150k+ category, I don't see much room for premiums. I can't see people paying $165-175k base for a GT3. There's always another car and there's always someone who will want/have to sell their new GT3 six months after they bought it. Patience will be rewarded. At least that's what I'm telling myself to keep me interested in Porsche, because none of the normal model range hold any interest to me anymore.
02-01-2017, 06:03 PM
#25
Three Wheelin'
Porsche dealers routinely selling new cars over MSRP is poor business practice IMO.
Definite turnoff to the brand. Porsche should intervene.
I'd feel better if they increase MSRP, build enough cars to meet demand and disallow dealers from ****ing with new car pricing.
But if people with more money than brains continue to pay absurd dealer markups then I'm afraid this nonsense will continue.
Definite turnoff to the brand. Porsche should intervene.
I'd feel better if they increase MSRP, build enough cars to meet demand and disallow dealers from ****ing with new car pricing.
But if people with more money than brains continue to pay absurd dealer markups then I'm afraid this nonsense will continue.
02-01-2017, 06:06 PM
#26
Race Car
Thread Starter
Porsche dealers routinely selling new cars over MSRP is poor business practice IMO.
Definite turnoff to the brand. Porsche should intervene.
I'd feel better if they increase MSRP, build enough cars to meet demand and disallow dealers from ****ing with new car pricing.
But if people with more money than brains continue to pay absurd dealer markups then I'm afraid this nonsense will continue.
Definite turnoff to the brand. Porsche should intervene.
I'd feel better if they increase MSRP, build enough cars to meet demand and disallow dealers from ****ing with new car pricing.
But if people with more money than brains continue to pay absurd dealer markups then I'm afraid this nonsense will continue.
02-01-2017, 06:19 PM
#27
02-01-2017, 06:19 PM
#28
Drifting
GT4 is not comparable because it was really priced too low, so the premiums dealers were getting really just brought the price back into the true market range.
IMO, premiums on this car will depend on how Porsche prices it. If they just do a normal increase consistent with the rest of the .2 range (say into the low $140s), I can see the initial allocations getting GT4-esque $10-20k premiums initially. However, if they increase the base price into the $150k+ category, I don't see much room for premiums. I can't see people paying $165-175k base for a GT3. I reallllly want a .2 GT3, but that's where it gets stupid to me. There's always another car and there's always someone who will want/have to sell their new GT3 six months after they bought it. Patience will be rewarded. At least that's what I'm telling myself to keep me interested in Porsche, because none of the normal model range hold any interest to me anymore.
IMO, premiums on this car will depend on how Porsche prices it. If they just do a normal increase consistent with the rest of the .2 range (say into the low $140s), I can see the initial allocations getting GT4-esque $10-20k premiums initially. However, if they increase the base price into the $150k+ category, I don't see much room for premiums. I can't see people paying $165-175k base for a GT3. I reallllly want a .2 GT3, but that's where it gets stupid to me. There's always another car and there's always someone who will want/have to sell their new GT3 six months after they bought it. Patience will be rewarded. At least that's what I'm telling myself to keep me interested in Porsche, because none of the normal model range hold any interest to me anymore.
Also, a lot of GT4's sold at MSRP.
Why is it absurd to pay the dealer mark-up, but perfectly fine to pay over $500K for a used R? The dealer mark-up is no different than the used cars that routinely go above MSRP. It's just a matter of who gets the money - the dealer or the flipper. I'd rather pay the premium on a new car that I configure rather than a flipped car that I didn't spec and don't get to break in myself.
02-01-2017, 06:21 PM
#29
Three Wheelin'
Can't disagree with your logic <tstafford> but it's rather unconventional in the auto industry to permit dealers from routinely setting prices. Price discovery normally occurs in the second-hand market.
Guess the issue starts with Porsche restricting supply? I don't know... don't have all the answers, just know that it rubs me the wrong way.
Guess the issue starts with Porsche restricting supply? I don't know... don't have all the answers, just know that it rubs me the wrong way.
02-01-2017, 06:23 PM
#30
Race Car
Thread Starter
