Manifold

Agree that it's more about psychology and personal principles, but the profit margins and economics tie into that.

No, I wouldn't have paid $20k over in 2022. I can rationalize paying higher MSRP now because the $20k corresponds to inflation and isn't really a price increase when adjusted for inflation. And a MY 2024 car will have more value than a MY 2022 car a few years from now. Also, I didn't start shopping for a 992 GT3 until late last year, so getting a MY 2022 car wasn't really a possibility.

DodoBrd

sure, whatever makes you feel good with the Porsche ADM

Manifold

I did say "rationalize" ... these cars are ultimately all indulgent purchases. From that standpoint, all ADM/value threads are kind of dumb.

Diablo Dude

Who knew that there were totally pompous, classless, self-absorbed, and completely "tone-deaf" indviduals who do nothing but like to TALK ABOUT THEMSELVES.
Posting here 300X since Xmas on a thread that your last post called "kind of dumb" . . . tells me that you are lonely and have no friends.

Diablo Dude

Cool story.

I sold my GT4 after 5 years for $3,000 less than I paid for it and spec'd a 2023 GT3 Touring with a dealer that I had no previous purchase relationship with for a $40,000 ADM.
I also incurred zero travel, hotel, or transport expenses dealing with an out of state dealer nor did I have to buy them any BBQ.

usctrojanGT3

Considering that you partially justify the ADM that you paid for your Touring being lower now that Porsche has jacked up the MSRP, my 2022 Touring was bought for over $20k under today's MSRP. That sure pays for a lot of flights, hotels, and BBQ.

usctrojanGT3

I rather have the ADM go to Porsche than to a dealer or flipper as it'll be used for future R&D and CapEx (e.g. capacity expansion).

usctrojanGT3

Don't mind them too much, they live in the land where dealers don't know the definition of a relationship and the state will tax the same car being sold an infinite amount of times.

Manifold

For sure. I have nothing against car dealers, but the vast majority of the profit should be going to the company that designs and builds the cars.

These cars are generating a big profit primarily because of Porsche’s engineering excellence, and the dealers have nothing to do with that.

DodoBrd

Oh believe me, I'm the same. I just think it's interesting from a psychological PoV. I'm the same way. I got a MY 23 allocation with the $8k price bump and had no second thoughts, but on principle I am against dealer markups.

DodoBrd

Thank you for proving my point with your anecdote.

BTW, because USC has a relationship with his dealer, he got a MY 22 ($8k less than yours) and PTS.

Manifold

Don’t fool yourselves. If your car sells for the same amount that you paid X years ago, you lost money because the value didn’t keep up with inflation, and there’s also the opportunity cost from not being able to invest the money (or the interest paid if you took a loan).

The only cars that really hold value or gain value are the collectibles, and that’s only if you don’t put many miles on them.

rodsky

Come on boys and girls - why cant we share our enthusiasm for our cars vs trying to justify why we did or did not pay an ADM. No one is an "idiot" one way or another. I know i would have to pay an ADM for a 2024 GT3 as i dont have the time or the desire to build a relationship. If a dealer happens to like me and values my business - excellent. If not so be it. This constant bickering is getting tiring. Shouldn't this thread be about educating those on what the deals of the day are, current market pricing trends etc., vs name calling and a soap opera? Although it's like must see TV.

Mase408

Thanks Rodsky

On that note, if anyone knows of a dealer that will accept $15-$20K ADM on new GT3, shoot me a DM

Thanks gang!
Mase

usctrojanGT3

I paid cash for my Touring so I gave up the ability to earn a monetary return on that capital but the intangible benefit of the car has been priceless.