A place to discuss all things ADM
11-06-2023 | 11:05 PM
#7279
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From: Mid-Atlantic (on land, not in the middle of the ocean)
11-07-2023 | 12:49 AM
#7280
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Diablo Dude (11-07-2023)
11-07-2023 | 01:35 AM
#7281
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what USC describes isn’t uncommon. It’s similar to my dealer. Example:
I buy GT3 at MSRP. A year later, dealer calls and says, hey we have an RS at MSRP if you trade in your GT3 at MSRP (or even a little above).
Im happy because my GT3 didn’t lose any value, and I get an RS at MSRP. Dealer is happy because they can now sell my car for $50-70k over what they got it for while making a repeat customer happy.
Could dealer make a little more playing the ADM game, maybe, but most ADM buyers are one and done and usually not local so it’s more strategic to do what is described above.
I buy GT3 at MSRP. A year later, dealer calls and says, hey we have an RS at MSRP if you trade in your GT3 at MSRP (or even a little above).
Im happy because my GT3 didn’t lose any value, and I get an RS at MSRP. Dealer is happy because they can now sell my car for $50-70k over what they got it for while making a repeat customer happy.
Could dealer make a little more playing the ADM game, maybe, but most ADM buyers are one and done and usually not local so it’s more strategic to do what is described above.
Dealers are in the business of making money and know exactly what they’re doing. If a deal doesn’t make sense to you, then you’re probably just ignorant of where the money is coming from.
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11-07-2023 | 01:43 AM
#7282
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We don’t know what the actual transacting price is. Anybody on the internet can ask for $175k. Folks were paying 100-150. I can’t see that for a 3rs but I can see the appeal for something like an S/T. So, really, it’s just a matter of degree, and shockingly some people are richer than I am. So it goes.
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shrimp money (11-07-2023)
11-07-2023 | 01:51 AM
#7283
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shrimp money (11-07-2023)
11-07-2023 | 06:52 AM
#7284
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Nearly 500 pages later and folks are still deeply confused about market price vs msrp. The above works because msrp is meaningless. Dealer bought the car back from you for 50K under market value. ADM is usually cheaper than the subscription program even with the markups. It’s a la carte instead of the full tasting menu with a mandatory pairing.
Dealers are in the business of making money and know exactly what they’re doing. If a deal doesn’t make sense to you, then you’re probably just ignorant of where the money is coming from.
Dealers are in the business of making money and know exactly what they’re doing. If a deal doesn’t make sense to you, then you’re probably just ignorant of where the money is coming from.
Look, I described what works for me and others. Buy cars at MSRP, use them, sell back at ~ MSRP, rinse and repeat. There’s not always a trade requirement either, but the dealer know I’ll sell back to them so they are happy. What’s so wrong with this approach?
There is certainly the approach of ADM shopping / negotiating, and then trying to sell your current car at market price (and probably losing the tax credit)… if you think you’re better off.
Last edited by WenigerAberBeser; 11-07-2023 at 06:54 AM.
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usctrojanGT3 (11-07-2023)
11-07-2023 | 11:06 AM
#7285
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implying anyone here doesn’t understand MSRP vs market price is disingenuous.
Look, I described what works for me and others. Buy cars at MSRP, use them, sell back at ~ MSRP, rinse and repeat. There’s not always a trade requirement either, but the dealer know I’ll sell back to them so they are happy. What’s so wrong with this approach?
There is certainly the approach of ADM shopping / negotiating, and then trying to sell your current car at market price (and probably losing the tax credit)… if you think you’re better off.
Look, I described what works for me and others. Buy cars at MSRP, use them, sell back at ~ MSRP, rinse and repeat. There’s not always a trade requirement either, but the dealer know I’ll sell back to them so they are happy. What’s so wrong with this approach?
There is certainly the approach of ADM shopping / negotiating, and then trying to sell your current car at market price (and probably losing the tax credit)… if you think you’re better off.
Peter
11-07-2023 | 11:13 AM
#7286
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Absolutely nothing wrong with that approach. I do take issue with people saying I get all my cars at MSRP without full disclosure of the total deal. Dealers are going to make money and if I was a dealer I would do the same thing. Just looking at a dealership the overhead has got to be horrendous and I do wonder what will happen to some of them when the music ($$$$) stops.
Peter
Peter
there was a time when 5-10% discounts were common on basically any Porsche and dealerships stayed in business… now folks are doing good to get a base 911 at MSRP, I think most dealers will be OK
11-07-2023 | 12:42 PM
#7287
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From: some where nice
the ones that have raped or neglected their local clients may have some issues.
there was a time when 5-10% discounts were common on basically any Porsche and dealerships stayed in business… now folks are doing good to get a base 911 at MSRP, I think most dealers will be OK
there was a time when 5-10% discounts were common on basically any Porsche and dealerships stayed in business… now folks are doing good to get a base 911 at MSRP, I think most dealers will be OK
my first ever Porsche was a 2014 CS 125 k sticker , I paid 106 K which is 15 % discount , brand new car , and they shipped it to my house , and gave my boys 2 GT3 replica model cars and I got few gifts from SA .
dealers have plenty of other sources of income
Parts are a big revenue generator . A friend of mine owns a dealership" not Porsche " and he tells me that parts are the biggest revenue generator for him
Repair that is another big one
financing kick backs on new and used cars from brand itself or banks
so dealers will be fine without ADM
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usctrojanGT3 (11-07-2023)
11-07-2023 | 01:03 PM
#7288
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the ones that have raped or neglected their local clients may have some issues.
there was a time when 5-10% discounts were common on basically any Porsche and dealerships stayed in business… now folks are doing good to get a base 911 at MSRP, I think most dealers will be OK
there was a time when 5-10% discounts were common on basically any Porsche and dealerships stayed in business… now folks are doing good to get a base 911 at MSRP, I think most dealers will be OK
I walked into my dealer during covid and ordered a GT4 for MSRP when literally no one was buying cars. They had two open slots for GT4's at the time.
It's weird but it looks like dumping the brand and going elsewhere for my next car seems like the best choice.
11-07-2023 | 01:10 PM
#7289
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implying anyone here doesn’t understand MSRP vs market price is disingenuous.
Look, I described what works for me and others. Buy cars at MSRP, use them, sell back at ~ MSRP, rinse and repeat. There’s not always a trade requirement either, but the dealer know I’ll sell back to them so they are happy. What’s so wrong with this approach?
There is certainly the approach of ADM shopping / negotiating, and then trying to sell your current car at market price (and probably losing the tax credit)… if you think you’re better off.
Look, I described what works for me and others. Buy cars at MSRP, use them, sell back at ~ MSRP, rinse and repeat. There’s not always a trade requirement either, but the dealer know I’ll sell back to them so they are happy. What’s so wrong with this approach?
There is certainly the approach of ADM shopping / negotiating, and then trying to sell your current car at market price (and probably losing the tax credit)… if you think you’re better off.
11-07-2023 | 01:11 PM
#7290
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That's what has happened with me. I would have bought car after car every 2 - 3 years at MSRP from my dealer but they've not offered anything other than highly marked up used vehicles 70-100k over sticker with 3-5k miles on it.
I walked into my dealer during covid and ordered a GT4 for MSRP when literally no one was buying cars. They had two open slots for GT4's at the time.
It's weird but it looks like dumping the brand and going elsewhere for my next car seems like the best choice.
I walked into my dealer during covid and ordered a GT4 for MSRP when literally no one was buying cars. They had two open slots for GT4's at the time.
It's weird but it looks like dumping the brand and going elsewhere for my next car seems like the best choice.