GT3 Dealer Allocation Thread
09-26-2017, 02:13 PM
#3391
The whole 'discount off msrp happens so why not the other way' is such a tired and poor argument. They mark down for a 'sale' or 'discount' because they need to encourage someone to buy something that isn't selling. If the demand is there, no discount needed. That is what happens any another store you walk into to purchase something. Best Buy doesn't mark up the hottest new video game console because it is in short supply, do they? They go on sale then they are sitting on the shelves, don't they?
09-26-2017, 02:25 PM
#3392
How does a buyer receive an MSRP allocation
Without any of the following:
Trade in
VIP/918
Multiple buyer of P cars
I call total BS that one just walks into P car dealer and negotiates MSRP without any of the above.
I went with a trade for MSRP PTS allocation. With the sales tax credit, no headache trade the numbers worked for me. I laugh at those that tell me to "sharpen" my negotiation skills. FWIW my trade car still sits on dealers lot unsold six months later and several price reductions.
Without any of the following:
Trade in
VIP/918
Multiple buyer of P cars
I call total BS that one just walks into P car dealer and negotiates MSRP without any of the above.
I went with a trade for MSRP PTS allocation. With the sales tax credit, no headache trade the numbers worked for me. I laugh at those that tell me to "sharpen" my negotiation skills. FWIW my trade car still sits on dealers lot unsold six months later and several price reductions.
09-26-2017, 02:36 PM
#3393
Banned
The whole 'discount off msrp happens so why not the other way' is such a tired and poor argument. They mark down for a 'sale' or 'discount' because they need to encourage someone to buy something that isn't selling. If the demand is there, no discount needed. That is what happens at any another store you walk into to purchase something. Best Buy doesn't mark up the hottest new video game console because it is in short supply, do they? They go on sale then they are sitting on the shelves, don't they?
Porsche example is totally contradictory so not quite sure what your stance is. Actually for me doesn’t really matter but this is a horrible analogy.
09-26-2017, 02:48 PM
#3394
The whole 'discount off msrp happens so why not the other way' is such a tired and poor argument. They mark down for a 'sale' or 'discount' because they need to encourage someone to buy something that isn't selling. If the demand is there, no discount needed. That is what happens at any another store you walk into to purchase something. Best Buy doesn't mark up the hottest new video game console because it is in short supply, do they? They go on sale then they are sitting on the shelves, don't they?
Has there ever been a time in history where every single car sold at every single dealer was sold at MSRP for an extended period of time? Therefore, this is more than just a supply and demand issue, rather the underlying philosophy and mechanics of the Auto industry. There aren't that many industries where the price of goods can be negotiated to something other than the listed price, thank goodness! I would be perfectly happy paying MSRP on my Honda if that means paying MSRP on my Porsche. Even IF the end result is I paid more than had I negotiated the Honda to a lesser price and paid an ADM on the Porsche. Solely because it greatly reduces the planning and thought process involved in price negotiations.
09-26-2017, 02:57 PM
#3395
Track Day
Join Date: May 2017
Location: Pewaukee, WI
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Well, I can tell you it has happened/ is happening at least once. Not sure how to prove this to you other than sending you my email to the dealer and past purchase history of cars. Out of state dealer, too. It's probably not the norm, but I'm sure I'm not the only one and of course I didn't get one of their very first allocations.
I think I can sum it up in a few words:
Persistence
Humility
Probably a bit of luck - But I am a believer that one 'makes his own luck'
09-26-2017, 03:16 PM
#3396
Nordschleife Master
Originally Posted by goin2drt
I have reread this 10 times and donÂ’t get it. Are you ok with ADMs or not? The first part you say it should be fair and then you give a perfect examples of a company that doesnÂ’t charge ADMs. Best Buy sells everything at the most at MSRP. Now if the item is hot you may have to get in line the night before but eventually you will get the item at MSRP or as you mention a discount later on.
Porsche example is totally contradictory so not quite sure what your stance is. Actually for me doesnÂ’t really matter but this is a horrible analogy.
Porsche example is totally contradictory so not quite sure what your stance is. Actually for me doesnÂ’t really matter but this is a horrible analogy.
09-26-2017, 04:05 PM
#3397
Rennlist Member
Thread Starter
09-26-2017, 04:13 PM
#3398
Burning Brakes
The only reason you call it tired and poor is because you don't like it. Market dictates going rate, whether up or down. I love how you call the argument tired and poor and then rebut by comparing Porsche to Best Buy. I mean, you just can't make this stuff up. I'll let you have last word, Joe. I just don't care enough to go back and forth about it much.
09-26-2017, 04:16 PM
#3399
Rennlist Member
Thread Starter
How can the ADM price of 20-30k over list be the "market" price when the vast majority of people are paying the lesser MSRP number? We have MSRP for the 80% and some level of ADM for the impatient and/or poorly connected 20%, but the latter is most certainly not the prevailing price.
09-26-2017, 04:20 PM
#3400
Three Wheelin'
I can agree, and the way to change it is to change the demand curve.
So go out an buy Camaro ZL1 1LE, Merc GTR, Mclaren, etc. Soon enough the market will correct and you can buy Porsche at MSRP and you take away the flippers market. Easy.
So go out an buy Camaro ZL1 1LE, Merc GTR, Mclaren, etc. Soon enough the market will correct and you can buy Porsche at MSRP and you take away the flippers market. Easy.
09-26-2017, 04:22 PM
#3401
Three Wheelin'
and if your answer is, but I want a Porsche, now you are just acting like a spoiled kid.
Remember Tickle Me Elmo bears and Christmas in 1996, parents went wild.........now - tickle me who?
Remember Tickle Me Elmo bears and Christmas in 1996, parents went wild.........now - tickle me who?
09-26-2017, 04:22 PM
#3402
The whole 'discount off msrp happens so why not the other way' is such a tired and poor argument. They mark down for a 'sale' or 'discount' because they need to encourage someone to buy something that isn't selling. If the demand is there, no discount needed. That is what happens at any another store you walk into to purchase something. Best Buy doesn't mark up the hottest new video game console because it is in short supply, do they? They go on sale then they are sitting on the shelves, don't they?
09-26-2017, 04:23 PM
#3403
Rennlist Member
The market price of X today is whatever price it will take any willing buyer to receive X (or a commitment/contract to receive X) today. The market price may be different next month or next year.
09-26-2017, 04:39 PM
#3404
Burning Brakes
I think your attempt to apply free market theory to a market that is not open is fundamentally unsound. What is your explanation for the vast majority paying significantly below this "market" price on any given day by inking deals at MSRP?
09-26-2017, 04:46 PM
#3405
Banned
^winner, winner, chicken dinner. Free market economics doesn’t work here but the Economist’s on RL try to imply it does.