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Old 07-26-2023 | 04:05 PM
  #6871  
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Originally Posted by Yargk
I think that's the point. We don't accept that being a business that makes money means that ADMs are reasonable.
There are many retailers that sell manufactured consumer products at MSRP, no matter how big demand is and how low supply is, and still make a tidy profit. There are many reasons they that they do so and those reasons have to do with making money in the long run. That is, giving customers a consistent buying experience so they keep coming back.
In some countries, ADMs are banned, and the car manufacturers certainly hate ADMs because they turn buyers away, instead of encouraging them to wait for more supply. It's bad for Porsche and it's bad for the consumer. We only have it at all because we have an odd system where dealers aren't owned by Porsche and aren't regulated enough.
I don't think it's bad for Porsche. It's pretty clear that they have no problem with ADMs. Other manufacturer's have at least come out and slapped some dealers who charge ADM or try to restrict flipping. The "rarity" creates artificial demand by people who wouldn't care otherwise to spend money building relationships, getting allocations, only to flip. Of course dealers won't say no to doing the same themselves without restrictions. If a dealer wants ADM for a GT3 Touring, where else are you going to go? Pretty sure there's no dealer in the country that you can walk into a get a GT3 Touring at MSRP without a "relationship". Porsche loves this game, they love the artificial demand. If they made more cars and they started depreciating, people would stop buying them and storing them in collections.
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Old 07-26-2023 | 04:22 PM
  #6872  
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Originally Posted by Manifold
Really, we talk directly and indirectly about a lot more than just cars, which is why things are often taken personally. If it was just about cars, 90%+ of the RL traffic would go away. But you're right that we shouldn't take any of it too seriously and get upset, because our posts don't reflect how we would and do interact in real life.
I don't post anything I wouldn't say in real life to someone's face.
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Old 07-26-2023 | 04:22 PM
  #6873  
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Originally Posted by PTS
You called a dealership greedy for having a moderate ADM on a car that’s in line with the market. I responded that they were a business, and in the business to make money. That is all. You have made it your mission in here to call every dealership a stealership that does not offer MSRP cars. It’s odd. We can agree on that.
I call a dealership greedy for charging ADMs for it's good customers, especially when they've done so in the past. I know that they are businesses and they can do whatever they want. I'm not a fan of dealers who sell their GT allocations for ADMs to other dealers who are speculating or when dealers spec their own cars to get the highest bid when they have good repeat customers that would have loved to get an allocation. I'm sure you wouldn't be happy if PNH offered you an ST allocation with a 6-figure ADM given your relationship with them. I work in a relationship business where I've become a top local realtor with zero advertising/marketing spend because I take care of my clients and play the long game because repeat and referral business mean 10x more to me than 1 transaction, very similar to how PNH operates.
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Old 07-26-2023 | 04:33 PM
  #6874  
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Originally Posted by usctrojanGT3
I call a dealership greedy for charging ADMs for it's good customers, especially when they've done so in the past. I know that they are businesses and they can do whatever they want. I'm not a fan of dealers who sell their GT allocations for ADMs to other dealers who are speculating or when dealers spec their own cars to get the highest bid when they have good repeat customers that would have loved to get an allocation. I'm sure you wouldn't be happy if PNH offered you an ST allocation with a 6-figure ADM given your relationship with them. I work in a relationship business where I've become a top local realtor with zero advertising/marketing spend because I take care of my clients and play the long game because repeat and referral business mean 10x more to me than 1 transaction, very similar to how PNH operates.
Real estate is very different from the car business, in many ways, so the practices in one area won't translate to the other. For example, word of mouth and reputation is important in your line of work, whereas a Porsche dealer can easily sell all the cars they can get.

I don't fault a business for trying to make as much money as they can, as long they don't cross legal and ethical lines - it's not greed, it's capitalism. And I don't see discontinuing to offer cars at MSRP to volume customers as being unethical, it's just a business decision which may or may not work out well for the dealer. I almost wish my dealer would stop offering me cars at MSRP, so that I'd have a good reason to stop buying cars - most of my purchases in the past year were in the unexpected 'offer I can't refuse' category, not cars I was actively shopping to buy.
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Old 07-26-2023 | 04:40 PM
  #6875  
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Originally Posted by usctrojanGT3
I call a dealership greedy for charging ADMs for it's good customers, especially when they've done so in the past. I know that they are businesses and they can do whatever they want. I'm not a fan of dealers who sell their GT allocations for ADMs to other dealers who are speculating or when dealers spec their own cars to get the highest bid when they have good repeat customers that would have loved to get an allocation. I'm sure you wouldn't be happy if PNH offered you an ST allocation with a 6-figure ADM given your relationship with them. I work in a relationship business where I've become a top local realtor with zero advertising/marketing spend because I take care of my clients and play the long game because repeat and referral business mean 10x more to me than 1 transaction, very similar to how PNH operates.
You're a broken record in here. If PNH offered me an ST with an ADM (for some reason you've said this multiple times to me now), that would not be analogous to the situation that started this exchange. But don't worry, they won't

You've convinced yourself that the gentleman we're discussing is a good customer when you have absolutely no context of his buying history with the dealership. He went into a dealer that used to be an MSRP dealer, but they're not anymore. He got on a list. They told him $40k ADM if he wants the car, he told them he'd wait. That doesn't make them greedy. You're delusional.

I would argue almost every person on RL with a career works in a "relationship business" to some extent. It doesn't make their business analogous to Porsche stores. Your real estate gig is not at all the same as a car dealership, despite the parallels you continue to try and draw between the two. This is my last response in this exchange.
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Old 07-26-2023 | 06:54 PM
  #6876  
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This feels like a good time to close this thread!!
Old 07-26-2023 | 06:55 PM
  #6877  
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Dealerships are in the business of making money.

Not being fair.

Fairness is getting a ribbon for coming in third place in a 3 person race.

The reality is, like with most things in life, they treat everyone equally. Equally different.

That's ok. That's just the way life works.
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Old 07-26-2023 | 07:24 PM
  #6878  
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Originally Posted by Azzurri GT3
My dealer has an allocation and I think he said 100k? Could be less tho
doesn't surprise me. adm's are still out there and high imo. when i bought my tts in may from the los angeles area, they told me the adm for a new 992.1 gt3 rs starts at $75k.
Old 07-26-2023 | 08:19 PM
  #6879  
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Interesting, almost like the anti-thesis of the Voodoo one that just sold. PDK, sofa, Shark paint

https://bringatrailer.com/listing/20...t3-touring-44/
Old 07-26-2023 | 10:42 PM
  #6880  
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The lowest priced certified 2023 GT3T I have come across thus far.

Old 07-27-2023 | 06:16 PM
  #6881  
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Originally Posted by DodoBrd
hmm… I’m not usually an auction denier, but that surely was an odd +~$45k bid at the end there. Not to mention there are many cheaper, better spec Ed touring for sale at the moment too
Bringing this back - looks like that $285k bid was mysteriously erased and a new bid was made at $255k and accepted.

https://www.pcarmarket.com/auction/d...t3-touring-3/#
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Old 07-27-2023 | 08:35 PM
  #6882  
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Thanks to the last few posters who have linked to actual and usable information on current GT3 prices/listings.
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Old 07-27-2023 | 08:47 PM
  #6883  
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Data Point.... New Turbo S 50k ADM in Irvine
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Old 07-27-2023 | 08:55 PM
  #6884  
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Originally Posted by fijibubba
Data Point.... New Turbo S 50k ADM in Irvine
Guess they missed the memo in the AutoNation spam folder about Turbo Ss drifting closer to MSRP now.
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Old 07-27-2023 | 09:28 PM
  #6885  
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Originally Posted by usctrojanGT3
Guess they missed the memo in the AutoNation spam folder about Turbo Ss drifting closer to MSRP now.
Had my car in for service at Porsche Westlake (LA area) a couple weeks ago and they also had a new Turbo S on the floor with a $50k ADM. The GT4 RS next to it had a $125k ADM. Both cars priced about $308k.


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