A place to discuss all things ADM
#316
The list of new cars I've personally bought from Ferrari at MSRP so far includes a LaFerrari, LaFerrari Aperta, F12, F12 TDF, 812 GTS, SF90, SF90 Spider, 458 Spider, 458 Speciale, 458 Speciale Aperta, 488 Pista, 488 Pista Spider, FXX-K, and I'm probably forgetting a couple more. I've never even heard of a Ferrari dealer asking over MSRP for a new Ferrari from any of the many other owners I know personally. I've also never seen a picture of a new Ferrari with an ADM window sticker or an ADM contract - ever.
Based on observed data, I assess that Ferrari uses an internal decision process to allocate cars where demand exceeds supply, while Porsche dealers (and most others) use price. Both produce the result of clearing the market supply/demand picture. The former results in people who weren't selected by Ferrari lamenting that they can't get a car, while the latter results in ADM threads like this one
Based on observed data, I assess that Ferrari uses an internal decision process to allocate cars where demand exceeds supply, while Porsche dealers (and most others) use price. Both produce the result of clearing the market supply/demand picture. The former results in people who weren't selected by Ferrari lamenting that they can't get a car, while the latter results in ADM threads like this one
#317
yup -One of the different ADM games they play
Last edited by -eztrader-; 06-30-2021 at 01:41 AM.
#318
My dealer wanted $60K over initially, which I declined. I called back recently and they’re down to $35K (or $25K with a GT3 watch) and willing to give me full MSRP on my manual 992 trade. It seems like maybe some of the GT3 pressure is easing off due to the GTS release. My hunch is ADMs will come down further for those who wait, though the risk is always you won’t get one at all.
#319
My dealer wanted $60K over initially, which I declined. I called back recently and they’re down to $35K (or $25K with a GT3 watch) and willing to give me full MSRP on my manual 992 trade. It seems like maybe some of the GT3 pressure is easing off due to the GTS release. My hunch is ADMs will come down further for those who wait, though the risk is always you won’t get one at all.
Actual in hand allocation, or features?
#320
My dealer wanted $60K over initially, which I declined. I called back recently and they’re down to $35K (or $25K with a GT3 watch) and willing to give me full MSRP on my manual 992 trade. It seems like maybe some of the GT3 pressure is easing off due to the GTS release. My hunch is ADMs will come down further for those who wait, though the risk is always you won’t get one at all.
But I could definitely see others who were leaning GT3, going for the GTS instead. It’s probably the closest in between of a Carrera and GT car I have seen. If the GTS ever gets the 4.0 like the 718, that might just be the perfect 911.
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#321
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GT3 Mike (06-30-2021)
#323
What do you mean a $15K ADM? Is that because a nicely specced immediately available C4S is still over MSRP?
To be able to sell any used non-collectible car over sticker is a fluke phenomenon. I would consider myself exceptionally luck to drive a car for a few months and trade it for full value forwards another car I want even more. That’s not a sustainable market situation.
I also have no desire to sell a car on my own. The hassle time is worth whatever “value” I forfeit by not gouging someone else myself.
To be able to sell any used non-collectible car over sticker is a fluke phenomenon. I would consider myself exceptionally luck to drive a car for a few months and trade it for full value forwards another car I want even more. That’s not a sustainable market situation.
I also have no desire to sell a car on my own. The hassle time is worth whatever “value” I forfeit by not gouging someone else myself.
#324
My dealer wanted $60K over initially, which I declined. I called back recently and they’re down to $35K (or $25K with a GT3 watch) and willing to give me full MSRP on my manual 992 trade. It seems like maybe some of the GT3 pressure is easing off due to the GTS release. My hunch is ADMs will come down further for those who wait, though the risk is always you won’t get one at all.
Last edited by NYCGT3; 06-29-2021 at 10:52 PM.
#325
I mean it's the delta between car price and the trade-in...If the ADM is $35K but the trade-in is high, like MSRP, you're really at an ADM like $15K or so...not terrible. They're making more money on the sale of the GT car...which reminds me, I wonder if the dealers get extra kickbacks for selling GT cars?? Not sure on that one.
#326
Honestly, I hesitated for a moment when I saw the new GTS and lightweight package... I still want the Touring but this could be a good “hold me over” option instead of grabbing a 991 GT3T.
But I could definitely see others who were leaning GT3, going for the GTS instead. It’s probably the closest in between of a Carrera and GT car I have seen. If the GTS ever gets the 4.0 like the 718, that might just be the perfect 911.
But I could definitely see others who were leaning GT3, going for the GTS instead. It’s probably the closest in between of a Carrera and GT car I have seen. If the GTS ever gets the 4.0 like the 718, that might just be the perfect 911.
#327
Big difference between a turbo and NA engine, plus the double wishbone suspension. No brainer.
#328
The list of new cars I've personally bought from Ferrari at MSRP so far includes a LaFerrari, LaFerrari Aperta, F12, F12 TDF, 812 GTS, SF90, SF90 Spider, 458 Spider, 458 Speciale, 458 Speciale Aperta, 488 Pista, 488 Pista Spider, FXX-K, and I'm probably forgetting a couple more. I've never even heard of a Ferrari dealer asking over MSRP for a new Ferrari from any of the many other owners I know personally. I've also never seen a picture of a new Ferrari with an ADM window sticker or an ADM contract - ever.
Based on observed data, I assess that Ferrari uses an internal decision process to allocate cars where demand exceeds supply, while Porsche dealers (and most others) use price. Both produce the result of clearing the market supply/demand picture. The former results in people who weren't selected by Ferrari lamenting that they can't get a car, while the latter results in ADM threads like this one
Based on observed data, I assess that Ferrari uses an internal decision process to allocate cars where demand exceeds supply, while Porsche dealers (and most others) use price. Both produce the result of clearing the market supply/demand picture. The former results in people who weren't selected by Ferrari lamenting that they can't get a car, while the latter results in ADM threads like this one
A Ferrari dealer is punished if they charge an ADM as it is against corporate policy.
Porsche corporate could do the same but they refuse to. Especially after DieselGate where the lure of easy money at Porsche seems to have a very strong appeal. With Porsche, it is the Wild West which has such a potential to leave a bad taste in the buyer's mouth as buyer's feel they are gettng squeezed for every drop. These can be Dealership owners who came from prior owning Honda dealerships and tactics, such as the history of Porsche Chandler, AZ
As a contrast Ferrari is all about a wonderful buying experience, although admittedly quite pricey.
If you have ever met Anna at Atelier Ferrari you know what I mean, she sets up simulation and real views, then tailors suggestions for you.
I bought into Porsche Chandler doing $240k of GT car business in the first 4 months of them opening their doors May1 2016. I was then told to my face, shook hands, and confirmed by the Sales Manager Aaron Z that I was on the 991.2 GT3 car list. Within 3 months he and most sales staff had departed, nobody knew my name and repeated calls and emails were stiff armed as "No GT3 for you".
They rejected my suggestion to take my name for a waitng list as a cash buyer.
The salesman claimed the Porsche Chandler dealership owner had comandeered control of the GT3 car allocation list and would not honor any prior owner verbals, he was giving cars to his friends and staff had no authority to the list.
I went onto the secondary maket and paid $30k plus costs for an allocation out of State.
Porsche cars are great but I'll never buy another because of USA dealer games.
Not even a Taycan as I build my Solar grid
With Ferrari's new 296GTB announcement this week I'm really excited about the innovation and low CG, so I am selling my last Porsche.
The GT3 truly is a fantastic and iconic car but it is so sad that Porsche Germany accepts such bad behaviour by their dealers and the Champion debacle should have been a wake up call - but has anyone seen any changes?
.
.
.
.
.
Last edited by Perimeter; 07-02-2021 at 11:41 AM.
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AlexCeres (07-02-2021),
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#329
Bought my 718 GT4 out of state from Chandler Porsche and had a very good experience, but that’s just one transaction. Aaron Z is now the GM here in Monterey and, based on my interactions with him so far, he seems like a good guy who represents the dealership well.
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AlexCeres (07-02-2021)
#330
Agreed, the Ferrari process is well defined and buyers know where they stand.
A Ferrari dealer is punished if they charge an ADM as it is against corporate policy.
Porsche corporate could do the same but they refuse to. Especially after DieselGate where the lure of easy money at Porsche seems to have a very strong appeal. With Porsche, it is the Wild West which has such a potential to leave a bad taste in the buyer's mouth as buyer's feel they are gettng squeezed for every drop. These can be Dealership owners who came from prior owning Honda dealerships and tactics, such as the history of Porsche Chandler, AZ
As a contrast Ferrari is all about a wonderful buying experience, although admittedly quite pricey.
If you have ever met Anna at Atelier Ferrari you know what I mean, she sets up simulation and real views, then tailors suggestions for you.
I bought into Porsche Chandler doing $240k of GT car business in the first 4 months of them opening their doors May1 2016. I was then told to my face, shook hands, and confirmed by the Sales Manager Aaron Z that I was on the 991.2 GT3 car list. Within 3 months he and most sales staff had departed, nobody knew my name and repeated calls and emails were stiff armed as "No GT3 for you".
They rejected my suggestion to take my name for a waitng list as a cash buyer.
The salesman claimed the Porsche Chandler dealership owner had comandeered control of the GT3 car allocation list and would not honor any prior owner verbals, he was giving cars to his friends and staff had no authority to the list.
I went onto the secondary maket and paid $30k plus costs for an allocation out of State.
Porsche cars are great but I'll never buy another because of USA dealer games.
Not even a Taycan as I build my Solar grid
With Ferrari's new 296GTB announcement this week I'm really excited about the innovation and low CG, so I am selling my last Porsche.
The GT3 truly is a fantastic and iconic car but it is so sad that Porsche Germany accepts such bad behaviour by their dealers and the Champion debacle should have been a wake up call - but has anyone seen any changes?
.
.
.
.
.
A Ferrari dealer is punished if they charge an ADM as it is against corporate policy.
Porsche corporate could do the same but they refuse to. Especially after DieselGate where the lure of easy money at Porsche seems to have a very strong appeal. With Porsche, it is the Wild West which has such a potential to leave a bad taste in the buyer's mouth as buyer's feel they are gettng squeezed for every drop. These can be Dealership owners who came from prior owning Honda dealerships and tactics, such as the history of Porsche Chandler, AZ
As a contrast Ferrari is all about a wonderful buying experience, although admittedly quite pricey.
If you have ever met Anna at Atelier Ferrari you know what I mean, she sets up simulation and real views, then tailors suggestions for you.
I bought into Porsche Chandler doing $240k of GT car business in the first 4 months of them opening their doors May1 2016. I was then told to my face, shook hands, and confirmed by the Sales Manager Aaron Z that I was on the 991.2 GT3 car list. Within 3 months he and most sales staff had departed, nobody knew my name and repeated calls and emails were stiff armed as "No GT3 for you".
They rejected my suggestion to take my name for a waitng list as a cash buyer.
The salesman claimed the Porsche Chandler dealership owner had comandeered control of the GT3 car allocation list and would not honor any prior owner verbals, he was giving cars to his friends and staff had no authority to the list.
I went onto the secondary maket and paid $30k plus costs for an allocation out of State.
Porsche cars are great but I'll never buy another because of USA dealer games.
Not even a Taycan as I build my Solar grid
With Ferrari's new 296GTB announcement this week I'm really excited about the innovation and low CG, so I am selling my last Porsche.
The GT3 truly is a fantastic and iconic car but it is so sad that Porsche Germany accepts such bad behaviour by their dealers and the Champion debacle should have been a wake up call - but has anyone seen any changes?
.
.
.
.
.
No manual on 296 or I might be interested. Gorgeous.
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AlexCeres (07-03-2021)