Every-time I open this thread hoping to get some updates on the ADM situation, its just a bunch of rich babies arguing about nonsensical things. Y'all need to get a life instead of giving unsolicited advise online to other people about how they should spend their money.

If Ron Swanson was on this forum, he would say : "This is America. If someone wants to pay a $200k ADM on a Gt3 and go broke, they should be allowed to. That is the beauty of this country."

 

It can't be an all or nothing. What would happen to society if everything that we buy (necessity or luxury good) would be based upon current market price? It was be completely insane. Yes, non-low income housing is driven by market price but there aren't large dealers who control that inventory and supply as it's a fairly liquid and dynamic market. If Rolex gets their dealers to sell their watches for MSRP and all other countries in the world sell desirable GT cars for MSRP, then the same can apply to US Porsche dealers. Or let's do the opposite, have all the US dealers spec their own cars and sell them to the highest bidder....how would you like that? That would be pure capitalism, right?

 

This practice would probably work well in a perfect world, however even those loyal Porsche purists that everyone says should get a car will often flip their car shortly after delivery when there is a $40k, $50k or $75k incentive to do so. That's why there's only 1 dealer in your market doing this now. These dealers aren't dumb - they know the game.

How do you think all these delivery mile cars end up for sale on the used market at non Porsche stores, BAT, auctions, etc? It's always some b.s. excuse by the seller (private party) that circumstances changed, suddenly got an RS allocation, my dog doesn't like the car, the wife won't fit in the backseat, etc. etc. This is why Porsche dealers have no incentive to sell at MSRP when the market supports sizeable ADMs. They would basically be gifting these Porsche "enthusiast" schmucks $50k or $75k and when the dealer has all the overhead, expenses, etc, and the cars would end up getting flipped anyway. Sure there are exceptions, but more often then not, the financial incentive is substantial enough to tilt the scale in the favor of opportunistic behavior, particularly when many of these cars primarily serve as C&C ***** extensions or get rubbed with a diaper bi monthly and get driven once every 3 months.

 

perhaps just call your local dealers and keep an eye on the public auctions if you want to get an idea of ADM?

 

…or we can just be fine with the current setup and stop moaning. Every dealers is enabled to make its own decision on how to price and allocate their cars. Folks are fine when dealers discount cars, but get angry when it’s the reverse, very hypocritical

 

actually, 3 of the 4 dealers still sell at MSRP… but 2 of them either require high levels of loyalty or strings attached. I don’t eliminating flipping is a viable option… it’s hard to take a pass on $75k even as a Porsche enthusiast. There will always be flippers in hot markets. PCNA is focused on importing, marketing, training, supporting service… the dealers are small businesses that should be able to make the best decisions they seem fit. IMO

for example, I got mine at MSRP… they could’ve easily sold the allocation for more but their GM must think that selling new at MSRP is the best long term value for them / other dealers think taking the quick ADM is best

 

I'm ok with that.

It's what generally happened 20 years ago, even with GT cars. Very few people actually spec'd a car, they just bought what was on the dealer lot.

I mean, how many people who originally bought a 7.2 4.0 actually spec'd the car, as opposed to just buying it (at a discount) off of existing inventory?

 

Yeah I’m ok with that too.

 

You live in the US right? Pretty much everything you buy is based upon current market price / demand (some goods just have stickier prices than others) … the way we mainly deal with people who can’t afford things is by giving them welfare / or giving suppliers subsidies. Not saying it’s the best model but our society still stands today without setting fixed prices for a bunch of things. We don’t set prices for milk and eggs… yet. And if dealers want to spec every single GT car (even every single Porsche) and then sell it - go ahead - I’m not sure that’s a smart business model but if it is - do it - maximize profits.

 

Said this before, but the flip side to controlled pricing -- i.e., mandating MSRP to MRRP (or Manufacturer Required Retail Price) -- would mean you'd have to buy a turd like a base Cayenne or Cayman, or base Panamera at MSRP.

No thank you.

 

We're in agreement, and i think that's exactly what they're doing. When demand drops, the prices and ADMs will drop accordingly, which has happened to some extent on some models.

 

Dealers are small businesses? Most of the Porsche dealers are owned by the big corporate vampires (Sonic, AutoNation, etc).

 

Authorized dealers are middle men, and I don't see anything anti-capitalist with the manufacturer setting the price (or price range) at which the dealer is allowed to sell the car for, if they want to remain an authorized dealer. This is the case with many brands of many kinds of products.

For example, I've bought six figures worth of music gear over the past couple years, and there was an explosion in demand for this gear because of the pandemic. Because of the high demand and issues with supply chains, for some things I had to put in an order and wait over a year to get it. There was never any ADM on any of this gear, possibly because there was too much competition to allow it, or maybe the manufacturers didn't allow it. For some brands, zero discount was allowed, you had to pay MSRP, no matter how loyal a customer you are. For other brands, substantial discounts below MSRP were allowed, and I've generally gotten the max discounts without having to haggle because I've been a volume buyer.

 

Or private owners who're making a lot of money. Friend of mine (former owner of my house) is a car dealer and is definitely raking it in.

 

Some may be owned by a large corporate but they operate as a small business. It’s like being a RE agent for Remax but operating in your small / defined region. And only 1 of the 4 around me is Autonation, 2 are regional players Park Place and Avondale, and the other is a smaller local player.

Regardless, whether you are small, medium, or large… a business should be able to decide how to operate its business.