A place to discuss all things ADM
03-16-2023, 10:36 AM
#5237
IB Staff
this thread delivers.
The following users liked this post:
Diablo Dude (03-16-2023)
03-16-2023, 10:54 AM
#5238
Hey, this thread is about two things:
1. commiseration amongst those who want a Porsche but can’t/won’t pay dealer markup
2. schadenfreude by those who — on merit or luck — obtained their Porsche despite ADM that they paid or avoided
Group hugs and drinking tears. Let’s get back to that, and start a separate thread on banking and monetary policy.
-hyp
1. commiseration amongst those who want a Porsche but can’t/won’t pay dealer markup
2. schadenfreude by those who — on merit or luck — obtained their Porsche despite ADM that they paid or avoided
Group hugs and drinking tears. Let’s get back to that, and start a separate thread on banking and monetary policy.
-hyp
The following users liked this post:
AlexCeres (03-17-2023)
03-16-2023, 11:48 AM
#5239
Here is a fun one. How did a Raptor R end up at a Porsche dealership with 74 miles?
https://www.dupontregistry.com/autos...-raptor/136529
70k markup over sticker. Meanwhile Ram offered me a TRX order for 10% off MSRP. Mine is arriving in April. 103k sticker and 92k purchase price.
https://www.dupontregistry.com/autos...-raptor/136529
70k markup over sticker. Meanwhile Ram offered me a TRX order for 10% off MSRP. Mine is arriving in April. 103k sticker and 92k purchase price.
Last edited by CornWood; 03-16-2023 at 11:50 AM.
03-16-2023, 11:57 AM
#5240
Burning Brakes
03-16-2023, 12:36 PM
#5241
https://www.bloomberg.com/opinion/ar...ally-expensive
"I’ve bad news for those yearning to splash their bonus on a new Porsche 911 sportscar. If you order one today, it probably won’t be delivered for more than a year because the German company’s order books are overflowing.
With demand this strong, it’s no wonder Porsche is confident of being able to enact “significant” price increases this summer, according to its annual results presentation on Monday, which was the first since its blockbuster IPO in September.
It’s the latest evidence of premium automakers having far more pricing power than investors realized, and there’s little sign that rising rates or recession worries are about to puncture the profit party.
Like rivals, Porsche has prioritized production of its most expensive vehicles since the pandemic and Russia’s invasion of Ukraine roiled supply chains. Its affluent customers have had to dig deeper to purchase a vehicle: Average revenue per car sold has increased about one-fifth since 2019 to €112,000 ($120,000)"
"I’ve bad news for those yearning to splash their bonus on a new Porsche 911 sportscar. If you order one today, it probably won’t be delivered for more than a year because the German company’s order books are overflowing.
With demand this strong, it’s no wonder Porsche is confident of being able to enact “significant” price increases this summer, according to its annual results presentation on Monday, which was the first since its blockbuster IPO in September.
It’s the latest evidence of premium automakers having far more pricing power than investors realized, and there’s little sign that rising rates or recession worries are about to puncture the profit party.
Like rivals, Porsche has prioritized production of its most expensive vehicles since the pandemic and Russia’s invasion of Ukraine roiled supply chains. Its affluent customers have had to dig deeper to purchase a vehicle: Average revenue per car sold has increased about one-fifth since 2019 to €112,000 ($120,000)"
03-16-2023, 12:39 PM
#5242
Burning Brakes
https://www.bloomberg.com/opinion/ar...ally-expensive
"I’ve bad news for those yearning to splash their bonus on a new Porsche 911 sportscar. If you order one today, it probably won’t be delivered for more than a year because the German company’s order books are overflowing.
With demand this strong, it’s no wonder Porsche is confident of being able to enact “significant” price increases this summer, according to its annual results presentation on Monday, which was the first since its blockbuster IPO in September.
It’s the latest evidence of premium automakers having far more pricing power than investors realized, and there’s little sign that rising rates or recession worries are about to puncture the profit party.
Like rivals, Porsche has prioritized production of its most expensive vehicles since the pandemic and Russia’s invasion of Ukraine roiled supply chains. Its affluent customers have had to dig deeper to purchase a vehicle: Average revenue per car sold has increased about one-fifth since 2019 to €112,000 ($120,000)"
"I’ve bad news for those yearning to splash their bonus on a new Porsche 911 sportscar. If you order one today, it probably won’t be delivered for more than a year because the German company’s order books are overflowing.
With demand this strong, it’s no wonder Porsche is confident of being able to enact “significant” price increases this summer, according to its annual results presentation on Monday, which was the first since its blockbuster IPO in September.
It’s the latest evidence of premium automakers having far more pricing power than investors realized, and there’s little sign that rising rates or recession worries are about to puncture the profit party.
Like rivals, Porsche has prioritized production of its most expensive vehicles since the pandemic and Russia’s invasion of Ukraine roiled supply chains. Its affluent customers have had to dig deeper to purchase a vehicle: Average revenue per car sold has increased about one-fifth since 2019 to €112,000 ($120,000)"
03-16-2023, 12:40 PM
#5243
Burning Brakes
03-16-2023, 01:01 PM
#5244
Rennlist Member
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03-16-2023, 06:21 PM
#5245
Race Car
I doubt it. None of that is sent to Porsche. Plus, those lists don't mean much. In November 2021, with zero buyer history, I was offered a GT3 allocation at $50k ADM. The other 30 people ahead of me jumped ship.
03-16-2023, 06:33 PM
#5246
Burning Brakes
if none of that is sent to Porsche, what's meant by the German company’s order books are overflowing in the article above?
03-16-2023, 06:48 PM
#5247
Race Car
03-16-2023, 06:51 PM
#5248
RL Community Team
Rennlist Member
Rennlist Member
03-16-2023, 07:43 PM
#5249
Burning Brakes
03-16-2023, 10:29 PM
#5250
70k markup over sticker. Meanwhile Ram offered me a TRX order for 10% off MSRP. Mine is arriving in April. 103k sticker and 92k purchase price.[/QUOTE]
Absolutely love the TRX and fantastic you are getting a great deal on one. On my 3rd Ram 2500 Diesel, if I didn’t have to (want to) tow I would love to have a TRX, maybe the best looking stock truck out there.
cheers.
Absolutely love the TRX and fantastic you are getting a great deal on one. On my 3rd Ram 2500 Diesel, if I didn’t have to (want to) tow I would love to have a TRX, maybe the best looking stock truck out there.
cheers.