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Excited to announce timelines on my MY24 Acid Green PTS is set for build in September with anticipated delivery of November.
Couldn't be more greatful for the staff at Riveroaks Porsche in Houston and dealing exclusively with David and Rob for this holy grail allocation. They gave me my first allocation spot which was a 2022 992 Turbo S back in late 2021 and then my 2023 GT4RS Allocation which I was able to luckily spec with WP and PCCBs and recently took delivery of. My relationship with this team quickly accelerated past what my original anticipated expectations were and personally being only 34 and having garages full of cars that I could not dream about years ago only became a reality through a relationship built on a mutually shared passion for this brand that brings power/ performance/ and most of all value back by design and heritage and frankly them knowing I drive and push all my cars beyond intent on a daily basis.
Take this as an example..... yes this is a collapsible ladder in the back of my GT4RS..... a good roofer never leaves home without one for a customer visit.
Last edited by Justaroofer; 06-11-2023 at 03:13 PM.
That had to be one of the funniest things I’ve ever read on this forum thus far. I appreciate that. Thank you.
He's talking allocations awarded based on sales volume and the "lists" those exact same dealers have are years deep. The thing is those exact same "msrp" dealers will almost instantly offer that buyer a buyback at "market value trade" and sell back to the public for "market value " which is essentially ADM plus market adjustment. Those same dealers are also the biggest problems of the market manipulation.
It's a way they play the system and PCNA is VERY aware of these tactics and will 100% be cracking down in time.
He's talking allocations awarded based on sales volume and the "lists" those exact same dealers have are years deep. The thing is those exact same "msrp" dealers will almost instantly offer that buyer a buyback at "market value trade" and sell back to the public for "market value " which is essentially ADM plus market adjustment. Those same dealers are also the biggest problems of the market manipulation.
It's a way they play the system and PCNA is VERY aware of these tactics and will 100% be cracking down in time.
Now, that is funny.
Almost as funny as all those folks predicting a recession in 5 months, some 6 months ago.
Almost as funny as all those folks predicting a recession in 5 months, some 6 months ago.
Guy, they have been. Just watch bat.... the original selling dealers are the ones getting pressure as the Vins for highline allocations are essentially tracked now by PCNA.
Even VIP and very consistent GT spot buyers have been getting pressure due to flipping.
Last edited by Justaroofer; 06-11-2023 at 03:31 PM.
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
Based on conversations I've had with dealers, they usually quote numbers similar to this, 1-2 allocations for a small dealership and 3-6 for a big dealership. So if you're not a super important buyer for your dealer -- someone who helps consistently grow their business -- why would they give you an MSRP allocation when there are tons of people lining up to pay ADM and the second-hand market is selling at the same levels? Spend time on BaT if you don't think this is true.
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
Not quite true, my dealer got 11 GT3RS allocations already (they are a top 5-10 dealer in terms of volume in the US for many years).
MSRP dealers get more allocations then ADM dealerships, plain and simple. Don't take it from me, talk to your local dealership.
I never said MSRP dealers get more 911 or GT or RS allocations, they get more allocations. Again, talk to your dealership, nothing new here.
well that makes perfect sense! Hilarious.
larger dealers serving larger markets get more allocations. It’s that simple. The entire process of charging ADMs for buildable allocations on 911s, heck even Caymans and Boxsters, has been a recent phenomenon over last few years since Covid.
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.
he could’ve put in a little more work and found one at sticker.
South Bay Porsche will go $10k over on GTS sitting on their lot.
brokers are no threat, it’s not a real business model.
larger dealers serving larger markets get more allocations. It’s that simple. The entire process of charging ADMs for buildable allocations on 911s, heck even Caymans and Boxsters, has been a recent phenomenon over last few years since Covid.
Originally Posted by 168glhs1986
Because MSRP dealers get more allocations. Pretty simple.
you guys are both right
strategies differ for large vs small markets
small stores have historically struggled to grow local market once it becomes saturated.
so a small store selling cars over sticker to buyers in or outside of their local market will get less allocations.
small store selling at MSRP to their local buyers will get more allocations in this pound for pound comparison.
large market stores are different animal. they’ve been money printers for decades and the market is huge in Los Angeles, Newport Beach, and they will do whatever they want until Porsche creates a disincentive.
you won’t see an NFL stadium in Napa for this reason.
Last edited by User 81423; 06-12-2023 at 01:44 AM.
much higher than that in Florida. And they’re getting it. Consistently.
So if I get an MSRP allocation, I guess I need to take it. Even if I decide it's not the right car for me after tracking it, I can trade back to the dealer for more than I paid.
06-11-2023, 10:40 AM
