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Deposit without Order Demand

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Old 10-03-2022 | 07:20 PM
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Default Deposit without Order Demand

One dealer agrees to take a $1k deposit in exchange for being placed on their "list" for a potential allocation one day.
Another dealer takes a $2.5k deposit in exchange for "placing an Order Demand with Porsche" (he says a person can only place 1 of these with Porsche at a time, can't place one at every dealer).

My question is, how does the first dealer get possible allocations if they are not placing an 'Order Demand'? Do they request allocations some other way?

Just curious if anyone has explanations for this. I know dealer can "do" whatever they want, and it's possible the first dealer literally is just taking deposits and hoping people simply forget about them? Just curious if there is any reason to any of this. Thank you!
Old 10-04-2022 | 05:29 PM
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Originally Posted by dimab0
One dealer agrees to take a $1k deposit in exchange for being placed on their "list" for a potential allocation one day.
Another dealer takes a $2.5k deposit in exchange for "placing an Order Demand with Porsche" (he says a person can only place 1 of these with Porsche at a time, can't place one at every dealer).

My question is, how does the first dealer get possible allocations if they are not placing an 'Order Demand'? Do they request allocations some other way?

Just curious if anyone has explanations for this. I know dealer can "do" whatever they want, and it's possible the first dealer literally is just taking deposits and hoping people simply forget about them? Just curious if there is any reason to any of this. Thank you!
Dealers I know have their list and don't take money until they have an allocation for the customer at that point it varies from $5k-10k at most stores/ what I've been asked to put down. Everyone is a bit different and with a couple hundred stores you'll find people all over the map. If we are specifically talking about a GT car there is no pipeline for a deposit to generate an allocation or I'd have my 992 GT3. My .02

Bests,
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Old 10-04-2022 | 05:30 PM
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Originally Posted by BeesleyMotorcars
Dealers I know have their list and don't take money until they have an allocation for the customer at that point it varies from $5k-10k at most stores/ what I've been asked to put down. Everyone is a bit different and with a couple hundred stores you'll find people all over the map. If we are specifically talking about a GT car there is no pipeline for a deposit to generate an allocation or I'd have my 992 GT3. My .02

Bests,
NB
Sorry - it's more that I'm curious what the difference between a dealer submitting an "Order Demand" vs not means. Or if that has any significance.
Old 10-04-2022 | 05:37 PM
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Originally Posted by dimab0
Sorry - it's more that I'm curious what the difference between a dealer submitting an "Order Demand" vs not means. Or if that has any significance.
https://rennlist.com/forums/718-gts-...nd-orders.html

this thread may be of some help. good luck & welcome to rennlist!
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Old 10-04-2022 | 05:49 PM
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If a demand order is placed it will be in your name and Porsche will be able to see it. For example, at Porsche Together Fest last month I talked to some Porsche folks on site to help clean up MyPorsche app, it had old cars listed and new ones still missing. They pulled up my profile and saw that I had a GT3 RS order in the System. On the otherhand, If a dealer simply takes a deposit for a list it is an arbitrary agreement that honestly means nothing. Make sense?
Old 10-04-2022 | 05:52 PM
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Originally Posted by disden
If a demand order is placed it will be in your name and Porsche will be able to see it. For example, at Porsche Together Fest last month I talked to some Porsche folks on site to help clean up MyPorsche app, it had old cars listed and new ones still missing. They pulled up my profile and saw that I had a GT3 RS order in the System. On the otherhand, If a dealer simply takes a deposit for a list it is an arbitrary agreement that honestly means nothing. Make sense?
Makes sense, thank you. Basically it means the one guy for sure did something in exchange for my deposit, and the other guy may or may not have done anything with my deposit and I can not verify. Thanks!
Old 10-04-2022 | 06:11 PM
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Originally Posted by dimab0
Makes sense, thank you. Basically it means the one guy for sure did something in exchange for my deposit, and the other guy may or may not have done anything with my deposit and I can not verify. Thanks!
i have a demand order for new RS, so it’s viewable to Porsche in my name. But it’s also why can’t have numerous demand orders in your name at various dealers; numerous deposits however you can certainly have!
Old 10-04-2022 | 06:16 PM
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Originally Posted by disden
i have a demand order for new RS, so it’s viewable to Porsche in my name. But it’s also why can’t have numerous demand orders in your name at various dealers; numerous deposits however you can certainly have!
Yes, sounds like we are in the same exact situation. Is there some way to confirm / view status of demand order? Not that there is likely any status of interest...
Old 10-04-2022 | 09:56 PM
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A demand order is just the dealer telling Porsche they have a customer who wants to order a car.
It does not increase allocations. It does not guarantee an allocation.
Really doesn't do a whole lot but make the customer feel happy until they end up with no car.

I guess it is possible, but not likely, that Porsche could increase production if demand is high. But they already know demand is high, so. . .
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Old 10-04-2022 | 10:49 PM
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Originally Posted by Dr.Bill
A demand order is just the dealer telling Porsche they have a customer who wants to order a car.
It does not increase allocations. It does not guarantee an allocation.
Really doesn't do a whole lot but make the customer feel happy until they end up with no car.

I guess it is possible, but not likely, that Porsche could increase production if demand is high. But they already know demand is high, so. . .
100% correct that just because a dealer puts in a demand order for you that does not guarantee an allocation. Hence why it is important to ask the dealer where you realistically are in the line for an allocation. I am familiar with the process because I get my dealers first allocations, so we always start with demand order before allocations released
Old 10-04-2022 | 11:01 PM
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You are better off with a demand order then without one. A demand order can increase your chances of getting a car as Porsche does track demands. Agree with the others that it does not guarantee a build slot but you are ahead with the dealer that gave you a demand code vs the one that did not.
Old 10-04-2022 | 11:09 PM
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Originally Posted by FrostyAZ
You are better off with a demand order then without one. A demand order can increase your chances of getting a car as Porsche does track demands. Agree with the others that it does not guarantee a build slot but you are ahead with the dealer that gave you a demand code vs the one that did not.
in this day and age with demand and supply where it is I honestly think a demand order does close to nothing for you. What does do something however is telling dealers you are willing to pay up massively to skip
the line… sad but true
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Old 10-05-2022 | 05:35 AM
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frankly I do not understand why they need deposit.
the car sells itself
if u re-neg. what is the big deal.

in fact, the buyer should insist on paying deposit to secure the car on paper
the seller should decline deposit for the next higher bidder

I really cannot understand how car business work....



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