GT3RS Allocation Thread
#1141
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your friend got an actual 992 RS allocation in hand right now at MSRP as a first time buyer? Already has the commission number? Or just a promise to get one at MSRP if allocation arrives? Big difference. Most dealers are absolutely swamped with requests from long time local buyers, so it’s encouraging to those who are new to Porsche, but also hard to believe given the massive interest in these cars.
#1142
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you guys talking about pistas...asking and selling prices are staying very big on those. 500k+ and 650+ for spiders. F8 coupes are finally down to 30-40k over msrp but spiders still 80-100+. 812 GTS still way over msrp.
why? ferrari dealers and factory have everyone on a ranking system so clients have to either keep their cars, or hold a certain amount to earn the big stuff which is usually worth WAY over (like a few nautilus PP). next ranking snapshots will be for
SF90LM
SF90LM-A
296 + version
LaF successor
812 replacement
If porsche did the same thing and had a real tiered system- the GT cars and even some random stuff like Cayenne Turbo GT would stay over msrp indefinitely or WAY over. It would make the 918 VIP program look like preschool.
why? ferrari dealers and factory have everyone on a ranking system so clients have to either keep their cars, or hold a certain amount to earn the big stuff which is usually worth WAY over (like a few nautilus PP). next ranking snapshots will be for
SF90LM
SF90LM-A
296 + version
LaF successor
812 replacement
If porsche did the same thing and had a real tiered system- the GT cars and even some random stuff like Cayenne Turbo GT would stay over msrp indefinitely or WAY over. It would make the 918 VIP program look like preschool.
#1143
Drifting
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again will disagree...most dealers are getting less 911's
last week beverly hills porsche had 400 cars...2 of those 911's
so dealers are greedy
secondly too many brokers have entered and are controlling some of the supply
my dealer who got me 992TTS and 992GT3 at sticker...could not get me a 992RS
last week beverly hills porsche had 400 cars...2 of those 911's
so dealers are greedy
secondly too many brokers have entered and are controlling some of the supply
my dealer who got me 992TTS and 992GT3 at sticker...could not get me a 992RS
Last edited by disden; 06-09-2023 at 12:14 PM.
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subshooter (06-10-2023)
#1144
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help me understand this whole broker thing. Why do dealers give them allocations and why does Porsche allow it to happen? Why don’t dealers just take care of their customers rather then flip sought after allocations to brokers? I know it’s Money of course but still makes no sense.
#1145
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help me understand this whole broker thing. Why do dealers give them allocations and why does Porsche allow it to happen? Why don’t dealers just take care of their customers rather then flip sought after allocations to brokers? I know it’s Money of course but still makes no sense.
Last edited by 168glhs1986; 06-09-2023 at 05:06 PM.
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#1146
Drifting
#1147
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#1148
RL Community Team
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#1149
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Some dealers don't want to call clients around saying they need 100k+ for an allocation since that's market and receive negative PR so they would rather let a broker find a client or wholesale the allocation. A Los Angeles dealership just wholesaled 2 4RS allocations at 50k+ each to another dealer to not have to deal with it.
#1150
Drifting
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Its all not that simple...
some of these brokers have relationships with dealers...
also dealers got less allocations on 992RS
I wanted 992RS so I paid the ADM
Not sure if I am keeping or selling...I am leaning towards keeping it.
Almost all of deals go through Porsche Fresno because I find CJ to be fair and we are friends.
My second choice is Porsche Woodland Hills my friend Nick Bourbon is sales manager and great to work with.
some of these brokers have relationships with dealers...
also dealers got less allocations on 992RS
I wanted 992RS so I paid the ADM
Not sure if I am keeping or selling...I am leaning towards keeping it.
Almost all of deals go through Porsche Fresno because I find CJ to be fair and we are friends.
My second choice is Porsche Woodland Hills my friend Nick Bourbon is sales manager and great to work with.
#1151
Drifting
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Its all not that simple...
some of these brokers have relationships with dealers...
also dealers got less allocations on 992RS
I wanted 992RS so I paid the ADM
Not sure if I am keeping or selling...I am leaning towards keeping it.
Almost all of deals go through Porsche Fresno because I find CJ to be fair and we are friends.
My second choice is Porsche Woodland Hills my friend Nick Bourbon is sales manager and great to work with.
some of these brokers have relationships with dealers...
also dealers got less allocations on 992RS
I wanted 992RS so I paid the ADM
Not sure if I am keeping or selling...I am leaning towards keeping it.
Almost all of deals go through Porsche Fresno because I find CJ to be fair and we are friends.
My second choice is Porsche Woodland Hills my friend Nick Bourbon is sales manager and great to work with.
I was just trying to understand what folks mean when they say brokers control an ever increasing part of the market, and why dealers would use them in this day when all allocations are waitlisted with local loyal customers and sold before they even drop. Just seems odd and frankly scummy.
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daveo4porsche (06-10-2023)
#1152
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i also have a great relationship with my dealer, have been buying all my cars there for along time and as result get them all at MSRP. ( including 992 3RS).
I was just trying to understand what folks mean when they say brokers control an ever increasing part of the market, and why dealers would use them in this day when all allocations are waitlisted with local loyal customers and sold before they even drop. Just seems odd and frankly scummy.
I was just trying to understand what folks mean when they say brokers control an ever increasing part of the market, and why dealers would use them in this day when all allocations are waitlisted with local loyal customers and sold before they even drop. Just seems odd and frankly scummy.
because they want to be scummy and make more money
but they dont want to **** people off to their face
so they hide behind the broker. give up a little bit to make alot more without people knowing.
Likely so many dealers telling people oh no we didnt get any allocations for x model, but did receive them and just sold them elsewhere. has happened to me so you know this is happening all over.
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usctrojanGT3 (06-10-2023)
#1153
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Some math:
The root cause is Porsche who have decided to keep supply well below demand, and that's their right. But the consequence of this decision is it turns a true driver's car into an investment market. Everything else including the dealers is just rational downstream economics.
-hyp
- Porsche has produced 4,500 to 4,900 3RS cars in the last two series (each over two years)
- Roughly 30% of these come to the US
- There are about 200 Porsche dealers in the US
- So each year, the median dealer will receive 3-4 allocations
- 918 legacy (300 in the US) takes maybe 10-20% of these, and Porsche VIPs some additional amount
- So each dealer has maybe 2-3 allocations that they can actually sell to you
The root cause is Porsche who have decided to keep supply well below demand, and that's their right. But the consequence of this decision is it turns a true driver's car into an investment market. Everything else including the dealers is just rational downstream economics.
-hyp
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#1154
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If my math is correct (which I may be totally wrong). Based on the post below considering a 2 year model run and our 30% of the total WW the US MARKET would get about 705 cars per year. A pretty low window
the ‘19 production was 1462 for US with over 1100 having Weissach package. Somewhere math does not work and it may well be me but numbers for ‘19s is correct
the ‘19 production was 1462 for US with over 1100 having Weissach package. Somewhere math does not work and it may well be me but numbers for ‘19s is correct
#1155
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My good friend couldn't get a 911 GTS allocation. He was from Northern Cal. He went to a broker and brought a friend who wanted another GTS as well. Broker got them two GTS' from a Southern Cal dealer. The dealer at the time sold both cars for $25K over instead of $35K over which was the going rate at that time. The benefit to my friend and his was that they were able to source their cars. The benefit to the dealer was more customers they otherwise wouldn't have and they didn't have to deal directly with the customers. And, the broker made some money. This is just one example. There aren't a ton of brokers out there that I know of and I don't think any of them are getting rich either, but they wouldn't exist if it didn't make sense to all parties involved.