View Poll Results: Do you this Porsche should stop dealership price gouging?
Yes
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71
60.17%
No
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47
39.83%
Voters: 118. You may not vote on this poll
Porsche please stop dealership price gouging
#16
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Another question -
If P raised the msrp to 350k starting right now. . . .and they weren't selling... . .would u want/demand a discount to buy one?
If P raised the msrp to 350k starting right now. . . .and they weren't selling... . .would u want/demand a discount to buy one?
#17
#18
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Originally Posted by CAlexio
This reminds me of when I wrote dear Santa letters as a child, only difference was those had a 100% chance of being read and acted upon.![evilgrin](https://rennlist.com/forums/graemlins/evilgrin.gif)
![evilgrin](https://rennlist.com/forums/graemlins/evilgrin.gif)
![hiha](https://rennlist.com/forums/graemlins/roflmao.gif)
#19
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Originally Posted by 911therapy
Dont like it....go buy another brand. Good luck finding equivalent quality/performance at porsche price-points.
I was LOL'ing when someone said Ferrari does not charge over msrp...if that's the case go try and get an 812 competizione.
"oh welcome sir, here are the next 7-20 cars we will require you to buy at msrp before that happens" spoiler alert: you're getting clobbered on all those california/portofino/FF etc type cars
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#20
Racer
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As much as I hate markups, I don't think there's a good solution to the problem except for Porsche to make more cars. If you make dealers sell at MSRP, they may do what Ferrari dealers do, which is give hot cars only to people who buy the less desirable cars. So instead of paying that $30k markup, you'd pay $100k to buy a Panamera you don't want.
Or dealers will sell to brokers and split the profit when the broker resells the car. Lots of ways to get around a MSRP-only policy.
If Porsche makes more cars, everyone wins. Dealers, buyers, and Porsche. It would soften resale value though, so then maybe we'd see a bunch of Rennlist posts complaining about losing money on their GT cars...
Or dealers will sell to brokers and split the profit when the broker resells the car. Lots of ways to get around a MSRP-only policy.
If Porsche makes more cars, everyone wins. Dealers, buyers, and Porsche. It would soften resale value though, so then maybe we'd see a bunch of Rennlist posts complaining about losing money on their GT cars...
#21
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Jack up MSRP by 70k, kick a little of it back to the dealers, and use the rest of the added margin to invest in R&D, or pay staff more, or return to shareholders or a combination of all three.
#22
#23
Racer
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Really, the only reason we're seeing markups persist at this high of a level is because Porsche can't make a normal amount of cars. Normal GT3 production volume might only sustain $10-30k markups. So at best, maybe Porsche could raise prices another $10-20k before they losing too many buyers in a normal year.
For sure there are people who wouldn't bat an eye at a GT3 starting at $230k but I think that is well beyond the point where a sizable amount of demand drops off.
#24
#25
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ADM is going to exist no matter what the factory does. The way dealers who are under the microscope of their manufacturer (Ferrari dealer in my area comes to mind) get around the issue is the dealer owner gets a friend to buy the car from them, put 20 miles on it and sell it back and now its a used car and now they can charge whatever they want.
#26
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ferrari just crushes you on each trade in valuation when they can...so they might sell you a car at msrp or you have to buy 4 of them and you lose 50-100k or more per car. nobody likes to admit that they got hammered like that except mclaren clients but the 'resale' world of ferrari is alive and well...and people gladly do it because everyone is on the same page of how it works.
#27
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ADM is going to exist no matter what the factory does. The way dealers who are under the microscope of their manufacturer (Ferrari dealer in my area comes to mind) get around the issue is the dealer owner gets a friend to buy the car from them, put 20 miles on it and sell it back and now its a used car and now they can charge whatever they want.
straight up 18% upcharge on a new Merc C300 Cab my wife is looking at
know why ?
there are 3 such vehicles on dealer lots within a 300 mi. radius
this is not a Porsche issue .. just plain old supply and demand
won't be going away anytime soon
cheers
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AlexCeres (11-09-2021)
#28
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This sucks, but as long as there are 10 people for each build slot, 9 people are going home sad. ADM is at least a more straight forward criteria than a lot of the other bull****. I know what I need to do, and I’ve decided I’m not interested at these prices. Sure wish Porsche built more of these cars, but I can hardly blame them for the pandemics chaos.
#29
Pro
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Porsche has historically done a very good job at maintaining the 'value' of older cars because they understand market forces better than most. There is hype and it will be short lived. Inflating MSRP will artificially raise the value of all generations of cars, but the current generation MRSP will always be compared to prior generations, and there will be a massive devaluation of current cars, because the the 992 is not $100K+ better than the 991. They have already marked up the car by 10% (2018 price vs 2021), which may be justified because of the model refresh but in 2 years, the delta between 991 and 992 will perhaps be 10%.
People will be more upset that their car dropped 33% value the minute it left the lot if the price is set by the manufacturer. That looks bad on Porsche. It make no sense to flood the market with a niche product that historically has a very narrow attach rate as that will devalue the brand and the specific model.
I say, let those that want to spend $100K ADM to go ahead and do so. Not much different than putting that money in the fireplace and lighting it up.
People will be more upset that their car dropped 33% value the minute it left the lot if the price is set by the manufacturer. That looks bad on Porsche. It make no sense to flood the market with a niche product that historically has a very narrow attach rate as that will devalue the brand and the specific model.
I say, let those that want to spend $100K ADM to go ahead and do so. Not much different than putting that money in the fireplace and lighting it up.
The following 2 users liked this post by Deven:
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#30
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Porsche has historically done a very good job at maintaining the 'value' of older cars because they understand market forces better than most. There is hype and it will be short lived. Inflating MSRP will artificially raise the value of all generations of cars, but the current generation MRSP will always be compared to prior generations, and there will be a massive devaluation of current cars, because the the 992 is not $100K+ better than the 991. They have already marked up the car by 10% (2018 price vs 2021), which may be justified because of the model refresh but in 2 years, the delta between 991 and 992 will perhaps be 10%.
People will be more upset that their car dropped 33% value the minute it left the lot if the price is set by the manufacturer. That looks bad on Porsche. It make no sense to flood the market with a niche product that historically has a very narrow attach rate as that will devalue the brand and the specific model.
I say, let those that want to spend $100K ADM to go ahead and do so. Not much different than putting that money in the fireplace and lighting it up.
People will be more upset that their car dropped 33% value the minute it left the lot if the price is set by the manufacturer. That looks bad on Porsche. It make no sense to flood the market with a niche product that historically has a very narrow attach rate as that will devalue the brand and the specific model.
I say, let those that want to spend $100K ADM to go ahead and do so. Not much different than putting that money in the fireplace and lighting it up.
The following users liked this post:
azzurri (11-12-2021)