Allocation + ADM?
03-21-2021, 02:04 PM
#571
Race Director
Originally Posted by Nick
Your analysis is flawed in so many ways, I wouldn’t spend bandwidth rebutting it other than to point out many countries make it illegal to charge ADM. Your approach is to walk into a dealership which you have purchased 15 Porsche’s from serviced all of them at the dealership and traded in earlier models and be considered a newbie off the street because the dealership wants to make a significant profit. Do you have any idea how much that person has given that dealership in profit? When I was buying Ferrari’s never once did my dealer ask for ADM even though the model was the most coveted and the wait was three years to get one IF you were lucky. Ferrari wouldn’t allow it. We were considered CLIENTS and not BUYERS.
I don’t have any interest in the 992GT3 but if I did, if my dealer insisted on ADM I would wait and eventually get the car at MSRP the price Porsche states it’s worth.
I don’t have any interest in the 992GT3 but if I did, if my dealer insisted on ADM I would wait and eventually get the car at MSRP the price Porsche states it’s worth.
It sounds like you are a happy Ferrari customer and that is a better decision probably. And if you can find a dealer who forgoes adm profit today for anything you've offered them in the past in terms of loyalty, more power to you. My argument was just that loyalty with a car dealer is actually worth nothing, and spending time trying to create it is worth even less., So my time and especially my dignity Is better spent making more money, and then just paying for the object that I want when I want it at the price the marker dictates. If you find that your time is worth spending patronizing a dealer in exchange for no market adjustment or other deal with strings attached, again, more power to you.
Last edited by CAlexio; 03-21-2021 at 02:11 PM.
The following users liked this post:
cadster (03-23-2021)
03-21-2021, 02:26 PM
#573
Submitted an order for a Huracan RWD last week...no games or voodoo required for the allocation slot. Meanwhile my local Porsche dealer lost a customer, will be keeping the 991.2 and servicing elsewhere.
The following 3 users liked this post by thomashpsn:
03-21-2021, 02:30 PM
#574
03-21-2021, 02:54 PM
#575
Burning Brakes
Oh gosh I completely agree with you. Please don't consider my opinion elevated to the level of anything close to analysis... It's most definitely not worth a rebuttal. we are just on this forum for fun, if answering a post starts to feel like work by all means do not waste your time and move onto the next one.,
It sounds like you are a happy Ferrari customer and that is a better decision probably. And if you can find a dealer who forgoes adm profit today for anything you've offered them in the past in terms of loyalty, more power to you. My argument was just that loyalty with a car dealer is actually worth nothing, and spending time trying to create it is worth even less., So my time and especially my dignity Is better spent making more money, and then just paying for the object that I want when I want it at the price the marker dictates. If you find that your time is worth spending patronizing a dealer in exchange for no market adjustment or other deal with strings attached, again, more power to you.
It sounds like you are a happy Ferrari customer and that is a better decision probably. And if you can find a dealer who forgoes adm profit today for anything you've offered them in the past in terms of loyalty, more power to you. My argument was just that loyalty with a car dealer is actually worth nothing, and spending time trying to create it is worth even less., So my time and especially my dignity Is better spent making more money, and then just paying for the object that I want when I want it at the price the marker dictates. If you find that your time is worth spending patronizing a dealer in exchange for no market adjustment or other deal with strings attached, again, more power to you.
03-21-2021, 03:24 PM
#576
what I understand in what he is trying to say is that if that yes a repeat customer should get better treatment as in any business but that repeat business should happen organically. He isn’t going to give repeat business just to earn favors in the future.
I can respect that. I think what happens more often than not is customers go out of their way to give the dealership business hoping to earn a carrot in the future and end up getting screwed foe their efforts.
The following 3 users liked this post by Yippiekiaye:
03-21-2021, 03:29 PM
#577
03-21-2021, 03:51 PM
#578
Race Car
There should be truth and ethics in pricing, tbh. Consistency across dealers. Not one dealer with MSRP and another with $30k over, that's complete garbage.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
03-21-2021, 04:02 PM
#579
Burning Brakes
There should be truth and ethics in pricing, tbh. Consistency across dealers. Not one dealer with MSRP and another with $30k over, that's complete garbage.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
MSRP is just a suggestion from OEM to the retailers.
03-21-2021, 04:06 PM
#580
Race Director
Originally Posted by motorwerksgroup
You don't feel a repeat customer at any dealership carries more weight than a newbie? Generally-speaking?
The Answer is pretty unequivocal.
Last edited by CAlexio; 03-21-2021 at 04:15 PM.
03-21-2021, 04:08 PM
#581
Rennlist Member
Oh gosh I completely agree with you. Please don't consider my opinion elevated to the level of anything close to analysis... It's most definitely not worth a rebuttal. we are just on this forum for fun, if answering a post starts to feel like work by all means do not waste your time and move onto the next one.,
It sounds like you are a happy Ferrari customer and that is a better decision probably. And if you can find a dealer who forgoes adm profit today for anything you've offered them in the past in terms of loyalty, more power to you. My argument was just that loyalty with a car dealer is actually worth nothing, and spending time trying to create it is worth even less., So my time and especially my dignity Is better spent making more money, and then just paying for the object that I want when I want it at the price the marker dictates. If you find that your time is worth spending patronizing a dealer in exchange for no market adjustment or other deal with strings attached, again, more power to you.
It sounds like you are a happy Ferrari customer and that is a better decision probably. And if you can find a dealer who forgoes adm profit today for anything you've offered them in the past in terms of loyalty, more power to you. My argument was just that loyalty with a car dealer is actually worth nothing, and spending time trying to create it is worth even less., So my time and especially my dignity Is better spent making more money, and then just paying for the object that I want when I want it at the price the marker dictates. If you find that your time is worth spending patronizing a dealer in exchange for no market adjustment or other deal with strings attached, again, more power to you.
FWIW, inn my business relationships, I don't do it for preferential treatment. I do it because the business shows its appreciation of my loyalty by treating me like a client and not another buyer. Porsche has gone out of its way to foster this attitude among its dealers. To allow dealers to take advantage of Porsche clients by charging ADM is contrary to that business philosophy and undermines it. I don't buy Ferrari's anymore. I have a 991.2RS. I have advised my dealer that I may be interested in the 992 RS.
03-21-2021, 04:09 PM
#582
There should be truth and ethics in pricing, tbh. Consistency across dealers. Not one dealer with MSRP and another with $30k over, that's complete garbage.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
The following users liked this post:
AlexCeres (03-21-2021)
03-21-2021, 04:18 PM
#583
There should be truth and ethics in pricing, tbh. Consistency across dealers. Not one dealer with MSRP and another with $30k over, that's complete garbage.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
03-21-2021, 04:20 PM
#584
There should be truth and ethics in pricing, tbh. Consistency across dealers. Not one dealer with MSRP and another with $30k over, that's complete garbage.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
Seems to me that when accurately pricing something to a consistent market, i.e. US, you obviously include overhead, other administrative costs, and a consistent profit %.
With this approach on ADMs, approach of the profit % is all over the map, and to me not respectful. Is it ethical? Probably not.
03-21-2021, 05:14 PM
#585
RL Community Team
Rennlist Member
Rennlist Member
As CAlexio said up above, loyalty is nice in theory, but in reality the only thing that matters most time is the number of zeros before your decimal point.
I think the problem people have here with ADMs is an indirect result of feeling that they have somehow developed a relationship with their dealers that is above and beyond a purely transactional one -- i.e., buyer and seller -- to something a bit more aspirational -- i.e., friend.
Dealers are not your friends. They are there to make money and feed their families. Gosh, I guess, shame on them for being so selfish.
Last edited by ipse dixit; 03-21-2021 at 05:17 PM.