A place to discuss all things ADM
#4846
Burning Brakes
Comparing selling homes to selling watches and cars is comparing apples to oranges. There's no "manufacturer" and "dealers" in the real estate market that control a material supply (yes you have home builders but they have to compete against resale inventory) like there is with watches and cars. Also, a home is primarily considered to be a necessity that is a commodity (you have to live somewhere unless you want to live in the woods or in a box under the freeway) where luxury cars and watches are luxury goods that are discretionary purchases.
#4847
Burning Brakes
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.
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.
#4848
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.
Regardless, whether you are small, medium, or large… a business should be able to decide how to operate its business.
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Yargk (02-13-2023)
#4849
Burning Brakes
#4850
lol in a place with a lot of long time buyers like CA, even that wouldn’t get you anywhere. VIPs are spending closer to $1M a year. You’re not going to move up the list for a coveted GT car buying a single Cayenne. Buy a couple cars a year for 10 years is more like it. Ferrari land, new buyers aren’t getting limited editions. The end. Somebody has to drop down the list for you to move up. The adm system is way better than that.
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Scrappy1972 (02-11-2023)
#4851
Another Bring a trailer auction just ended at $40K over for a 6-speed. I have heard of a couple of cars with PDK + Wing go for less than $30K over as well in the past 30 days. This pricing seems in line with what we have seen this year, but seems to be slowly softening.
https://bringatrailer.com/listing/20...he-911-gt3-28/
Another from last week with PDK that sold for $40K over.
https://bringatrailer.com/listing/20...t3-touring-20/
https://bringatrailer.com/listing/20...he-911-gt3-28/
Another from last week with PDK that sold for $40K over.
https://bringatrailer.com/listing/20...t3-touring-20/
Last edited by WCGhost; 02-12-2023 at 05:39 PM.
#4853
Burning Brakes
Another Bring a trailer auction just ended at $40K over for a 6-speed. I have heard of a couple of cars with PDK + Wing go for less than $30K over as well in the past 30 days. This pricing seems in line with what we have seen this year, but seems to be slowly softening.
https://bringatrailer.com/listing/20...he-911-gt3-28/
Another from last week with PDK that sold for $40K over.
https://bringatrailer.com/listing/20...t3-touring-20/
https://bringatrailer.com/listing/20...he-911-gt3-28/
Another from last week with PDK that sold for $40K over.
https://bringatrailer.com/listing/20...t3-touring-20/
#4854
Rennlist Member
Staring to get interesting to me, and I imagine others like me who like the 992 GT3 but are not willing to bend over for it. All cars are falling, but for many buyers, it is not a comparison of one car vs a different car, but whether to add a car. I'm still not there yet on the GT3, and suspect that by the time the prices fall to where I would buy, that something else will present itself that I want more. Hence, perhaps no 992 GT3 for me. We'll see.
Last edited by 993TurboS; 02-13-2023 at 12:02 AM.
#4855
That result for the six speed car was fair to both buyer and seller. Quite clear prices aren't collapsing, we're moving slowly lower, like 1-2% a month here, so it's actually quite hard to see when it'll bottom.
#4856
#4857
Rennlist Member
So the options for distributing GT car allocations are:
- Guys who buy one very expensive Porsche (VIPs) are always at the front of the line to get GT cars at MSRP, and they can flip after holding them for a little while
- They go to the highest bidders (and the dealers keep the extra profit)
- They go to repeat customers at MSRP (so you can't have one if you're not a repeat customer)
- They're distributed at MSRP according to a lottery system (so it's a matter of luck, and your chances go down as more people join the lottery); could modify this with a rule like 'no one gets a GT car allocation more often than every X years', and you never get an allocation again if you flip the car within X years
I think that each of these options would make a lot of people unhappy, but I think the last option would be perceived by most people as the 'fairest'.
- Guys who buy one very expensive Porsche (VIPs) are always at the front of the line to get GT cars at MSRP, and they can flip after holding them for a little while
- They go to the highest bidders (and the dealers keep the extra profit)
- They go to repeat customers at MSRP (so you can't have one if you're not a repeat customer)
- They're distributed at MSRP according to a lottery system (so it's a matter of luck, and your chances go down as more people join the lottery); could modify this with a rule like 'no one gets a GT car allocation more often than every X years', and you never get an allocation again if you flip the car within X years
I think that each of these options would make a lot of people unhappy, but I think the last option would be perceived by most people as the 'fairest'.
#4858
Burning Brakes
Interesting. After 2022 decreases in used car prices, January saw increases
https://www.caranddriver.com/news/a4...-january-2023/
https://www.caranddriver.com/news/a4...-january-2023/
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AlexCeres (02-13-2023)
#4859
Burning Brakes
Staring to get interesting to me, and I imagine others like me who like the 992 GT3 but are not willing to bend over for it. All cars are falling, but for many buyers, it is not a comparison of one car vs a different car, but whether to add a car. I'm still not there yet on the GT3, and suspect that by the time the prices fall to where I would buy, that something else will present itself that I want more. Hence, perhaps no 992 GT3 for me. We'll see.