A place to discuss all things ADM
#5101
That's not what he's saying. He's just predicting that prices will come down. And he's probaably right (go to Car.scom and you will see more priced reduced vs price increased). Also He's also paying a form of ADM by selling the car back to them at MSRP (to foster his relationship). Just like the Rolex guy who buys 10 watches - gets a Rolex at $14,500. He's just saying dont buy a Rolex at $50K. He also doesnt want someone to buy it at $14,500 and sell it at $50K the next week (his def of flipper). Although - He's a big boy - he can speak for himself.
Every time I revisit RL, he's in multiple disputes with multiple guys on here, always. He lives for it.
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#5102
Race Car
They wrote an article about y’all predicting used prices would be at MSRP by now.
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#5103
Burning Brakes
Yeah... between BAT results and Autotrader asking prices, the market/ADM is pretty well known, so we all tend to argue the minutiae. I mean, no one is coming on here saying their dealer has an MSRP allocation if anyone wants it... those days are over.
#5105
Above market pricing will always come down on cars as they age (there are outliers). I've just never seen another grown man care so much about how much another grown man is willing to pay for a car. Who cares what someone else pays for a car, you don't know them or their situation. Yet the constant assumption from him "more money than brains" never ceases to make its way into his posts.
Last edited by PTS; 03-07-2023 at 01:08 PM.
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#5106
Burning Brakes
Above market pricing will always come down on cars as they age (there are outliers). I've just never seen another grown man care so much about how much another grown man is willing to pay for a car. Who cares what someone else pays for a car, you don't know them or their situation. Yet the constant assumption from him "more money than brains" never ceases to make its way into his posts.
#5107
Intermediate
Live in a smaller market, and the local dealer (who I specced and bought a Macan S from last year) is telling me there is a $10K ADM they are requiring on 911s. I am looking to order a well-optioned base 911. My SA tries to take the sting away by saying that for the price you get ~5K of PPF/Paint Correction and Ceramic coat, and an extra year's worth of maintenance free (for a total of two years). I am unenthusiastic, as I a.) am uninclined to spend an additional $10K in order to make my dealer feel good, b.) prefer to pick my own PPF/Ceramic Coat source [who is likely not the lowest bidder!], vs. paying someone to dictate where and how I will get PPF and ceramic. I have brought up my objections, and got a polite brush off from my SA (which I largely expected). I'd really like to do business with the local dealer if possible, as I have had generally good experiences locally (really like the SA), and the next nearest dealer is 50+ miles away. It costs $0 to get on the allocation waiting list at my local dealer's.
On the other hand, if I work with the dealer that is 50-ish miles away, it's only $1,000 to get on the list for an allocation (credited towards the car cost later), and they are selling at MSRP. This dealer is a larger dealer than my local dealer, so I'm thinking they may get a larger number of allocations. Being in a rush to get the allocation and build date is NOT a priority for me (would like to ideally take delivery in mid- to late 2024).
I'm inclined to tell my local dealer that I am ready to pull the trigger later this week-- minus the $10K ADM...and if he won't work with me on it, thank him and take my business elsewhere. Thoughts?
On the other hand, if I work with the dealer that is 50-ish miles away, it's only $1,000 to get on the list for an allocation (credited towards the car cost later), and they are selling at MSRP. This dealer is a larger dealer than my local dealer, so I'm thinking they may get a larger number of allocations. Being in a rush to get the allocation and build date is NOT a priority for me (would like to ideally take delivery in mid- to late 2024).
I'm inclined to tell my local dealer that I am ready to pull the trigger later this week-- minus the $10K ADM...and if he won't work with me on it, thank him and take my business elsewhere. Thoughts?
Last edited by Colokent; 03-07-2023 at 03:01 PM.
#5108
The easy solution for anyone who doesn't like hearing my opinions and predictions can just put me on ignore, it's that easy.
#5109
That's not what he's saying. He's just predicting that prices will come down. And he's probaably right (go to Car.scom and you will see more prices reduced vs price increased). Also He's also paying a form of ADM by selling the car back to them at MSRP (to foster his relationship). Just like the Rolex guy who buys 10 watches - gets a Rolex Datytona at $14,500. He's just saying dont buy a Daytona at $50K. He also doesnt want someone to buy it at $14,500 and sell it at $50K the next week (his def of flipper). Although - He's a big boy - he can speak for himself.
There is no free lunch as someone else mentioned, no one with no good dealer relationship is getting a GT allocation at MSRP. You either have to have a good relationship with solid buying/selling history to get MSRP or you pay the market ADM. If I want to flip my GT cars to the highest bidder I can but I'll be shut out from every getting another MSRP GT allocation from my dealer and will end up having to pay ADMs to buy future GT cars (I've been down this road already and am not going back).
#5110
Live in a smaller market, and the local dealer (who I specced and bought a Macan S from last year) is telling me there is a $10K ADM they are requiring on 911s. I am looking to order a well-optioned base 911. My SA tries to take the sting away by saying that for the price you get ~5K of PPF/Paint Correction and Ceramic coat, and an extra year's worth of maintenance free (for a total of two years). I am unenthusiastic, as I a.) am uninclined to spend an additional $10K in order to make my dealer feel good, b.) prefer to pick my own PPF/Ceramic Coat source [who is likely not the lowest bidder!], vs. paying someone to dictate where and how I will get PPF and ceramic. I have brought up my objections, and got a polite brush off from my SA (which I largely expected). I'd really like to do business with the local dealer if possible, as I have had generally good experiences locally (really like the SA), and the next nearest dealer is 50+ miles away. It costs $0 to get on the allocation waiting list at my local dealer's.
On the other hand, if I work with the dealer that is 50-ish miles away, it's only $1,000 to get on the list for an allocation (credited towards the car cost later), and they are selling at MSRP. This dealer is a larger dealer than my local dealer, so I'm thinking they may get a larger number of allocations. Being in a rush to get the allocation and build date is NOT a priority for me (would like to ideally take delivery in mid- to late 2024).
I'm inclined to tell my local dealer that I am ready to pull the trigger later this week-- minus the $10K ADM...and if he won't work with me on it, thank him and take my business elsewhere. Thoughts?
On the other hand, if I work with the dealer that is 50-ish miles away, it's only $1,000 to get on the list for an allocation (credited towards the car cost later), and they are selling at MSRP. This dealer is a larger dealer than my local dealer, so I'm thinking they may get a larger number of allocations. Being in a rush to get the allocation and build date is NOT a priority for me (would like to ideally take delivery in mid- to late 2024).
I'm inclined to tell my local dealer that I am ready to pull the trigger later this week-- minus the $10K ADM...and if he won't work with me on it, thank him and take my business elsewhere. Thoughts?
#5111
Rennlist Member
Another one just closed on BAT
https://bringatrailer.com/listing/20...t3-touring-17/
223k for a Touring
https://bringatrailer.com/listing/20...t3-touring-17/
223k for a Touring
#5112
Burning Brakes
Live in a smaller market, and the local dealer (who I specced and bought a Macan S from last year) is telling me there is a $10K ADM they are requiring on 911s. I am looking to order a well-optioned base 911. My SA tries to take the sting away by saying that for the price you get ~5K of PPF/Paint Correction and Ceramic coat, and an extra year's worth of maintenance free (for a total of two years). I am unenthusiastic, as I a.) am uninclined to spend an additional $10K in order to make my dealer feel good, b.) prefer to pick my own PPF/Ceramic Coat source [who is likely not the lowest bidder!], vs. paying someone to dictate where and how I will get PPF and ceramic. I have brought up my objections, and got a polite brush off from my SA (which I largely expected). I'd really like to do business with the local dealer if possible, as I have had generally good experiences locally (really like the SA), and the next nearest dealer is 50+ miles away. It costs $0 to get on the allocation waiting list at my local dealer's.
On the other hand, if I work with the dealer that is 50-ish miles away, it's only $1,000 to get on the list for an allocation (credited towards the car cost later), and they are selling at MSRP. This dealer is a larger dealer than my local dealer, so I'm thinking they may get a larger number of allocations. Being in a rush to get the allocation and build date is NOT a priority for me (would like to ideally take delivery in mid- to late 2024).
I'm inclined to tell my local dealer that I am ready to pull the trigger later this week-- minus the $10K ADM...and if he won't work with me on it, thank him and take my business elsewhere. Thoughts?
On the other hand, if I work with the dealer that is 50-ish miles away, it's only $1,000 to get on the list for an allocation (credited towards the car cost later), and they are selling at MSRP. This dealer is a larger dealer than my local dealer, so I'm thinking they may get a larger number of allocations. Being in a rush to get the allocation and build date is NOT a priority for me (would like to ideally take delivery in mid- to late 2024).
I'm inclined to tell my local dealer that I am ready to pull the trigger later this week-- minus the $10K ADM...and if he won't work with me on it, thank him and take my business elsewhere. Thoughts?
If you really want to spec your own allocation and it's worth $10k to you, I would consider it. The alternative is you delaying/not getting a car and who knows where pricing will be at that point.
#5113
Rennlist Member
Join Date: May 2012
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The economic situation is pretty much unprecedented, so it's unusually hard to make predictions. I still expect a substantial recession within the next year, which will bring the prices of these cars down. Unless and until we have such a recession, I think the prices will come down slowly, but may not get to MSRP. My level of confidence in these predictions is moderate.
One thing to keep in mind with prices is the effect of inflation. If you have 5% annual rate of inflation (which is about what we averaged for the past three years), a $200k car today inflates to a $210k car a year from now. That $10k isn't an increase in value when adjusted for inflation, it's what was needed to keep up with inflation.
One thing to keep in mind with prices is the effect of inflation. If you have 5% annual rate of inflation (which is about what we averaged for the past three years), a $200k car today inflates to a $210k car a year from now. That $10k isn't an increase in value when adjusted for inflation, it's what was needed to keep up with inflation.
Last edited by Manifold; 03-07-2023 at 03:49 PM.
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#5114
Colokent, be careful which advice you take, USC paid a massive ADM to get into the GT game and now hypocritically tells people not to do it.
If you really want to spec your own allocation and it's worth $10k to you, I would consider it. The alternative is you delaying/not getting a car and who knows where pricing will be at that point.
If you really want to spec your own allocation and it's worth $10k to you, I would consider it. The alternative is you delaying/not getting a car and who knows where pricing will be at that point.