Allocations out till 2025….
#181
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
- An underlying trend that prevails in reality and;
- A misconception relating to that trend.
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
The following 4 users liked this post by gulfblu:
#182
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
- An underlying trend that prevails in reality and;
- A misconception relating to that trend.
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
#183
Rennlist Member
Joined: May 2012
Posts: 13,529
Likes: 4,743
From: Mid-Atlantic (on land, not in the middle of the ocean)
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
- An underlying trend that prevails in reality and;
- A misconception relating to that trend.
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
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dixonk (03-15-2024)
#184
You're right about the misconception part, and I think that RL in general contributes to that misconception. There's a TON of rationalization for paying high ADM on RL, and the guys that talk about getting the cars at MSRP tend to get tarred and feathered. No one likes hearing that others got a better deal or they may have overpaid.
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RUF RS (03-15-2024)
#185
I think it's even funny seeing European owners speaking on ADM in the US..... when its $10 fpr a bottle of water in some EU countries
#186
I agree that some dealers are selling their GT cars at MSRP, but the majority of the dealers require ADM. I would speculate that of all the 992GT3 RS's sold in the US, over 90% were sold with a dealer mark up. Based on some of the comments in this thread many RL's buyers were "fleeced". I suspect many happily so.
The following 2 users liked this post by RG88:
ToasterThief (03-25-2024),
WCGhost (05-06-2024)
#188
this is my last comment on the marketplace of Porsche 911s. I do not think brokers make the market more efficient, I think they create price distortion. the reason i am commenting i regret not buying a gt3 touring in 2019, i didn't have the garage space with kids at home, but i plan on buying a 992.2 991s unless a surprise MY 25 gt3 touring allocations shows up. This perception of future high ADMs is based on the fact the 911 has been in a classic bubble since covid slow down. Every bubble has two components:
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
- An underlying trend that prevails in reality and;
- A misconception relating to that trend.
This isn't a macro economic comment, on the everything bubble will pop. This is directed towards the porsche 911 market. road and track posted this article yesterday,
https://www.roadandtrack.com/news/a6...ruck-purchase/
at the end of the article "Standing ovation for both Brown and his financial adviser for refusing to be fleeced"~ no one is sane here on rennlist about paying 100k ADM is equal to being fleeced. In the future my guess is reality will wake up. My last post until i buy a new 911. Thanks
I got the call at the end of Dec that my allocation @ MSRP came in for 24 C2S, build lock in Jan, April delivery. the SA told me i could get my manual transmission and the heritage interior package( though I've read on here it was on stop hold in jan) but no PTS, i really wanted gulfblue so i was still excited but had a reservation. I told my "loving one" AKA my wife my allocation came in, she said great get the car ( and she actually preferred gentian blue over gulf blue), but she said "I am going to give exactly the cost you spend on the car to charity, feed the hungry stuff, it's only fair". I called the SA back and told him i need until after the new year to process, he said no worries. I eventually passed on the car telling him i wanted the 992.2 with the color i wanted. I shared PTS colors with my wife and she preferred the green shades over blue. i think i am going to get a green 911c2s for the loving one and myself. I didn't want to part with 180K times 2 or 360kish and not get the exact car color i wanted. The SA told me he would call me in 6 to 9 months when the allocations come out for 992.2. I got 2016 gt4 and a 2006 997 c4s cab to drive and enjoy in the meanwhile, but only spring to fall driving for me due to living in winter climates,
The world would better if all of wives or husbands( the loving ones) told us "no worries buy the car, but i am giving equally to charity"
The world would better if all of wives or husbands( the loving ones) told us "no worries buy the car, but i am giving equally to charity"
Huh?
From processing "bubbles" and "adm's" and being "fleeced" to "wives" . . . but not necessarily in that order.
I think I got the full story now.
Last edited by Diablo Dude; 03-16-2024 at 01:58 PM.
#189
Rennlist Member
Joined: May 2012
Posts: 13,529
Likes: 4,743
From: Mid-Atlantic (on land, not in the middle of the ocean)
It's not necessarily a question of being offered an allocation. I told my dealer the order of my priorities, with GT3 and 4RS being at the top, and those are the two I got. At an MSRP dealer, few or no people aside from VIPs can likely get an allocation for every GT car because there aren't enough allocations to around for all of the top customers. The dealers try to give the top customers most of what they want, if not all of it. That seems reasonable and fair to me.
Last edited by Manifold; 03-15-2024 at 06:16 PM.
#190
It's not necessarily a question of being offered an allocation. I told my dealer the order of my priorities, with GT3 and 4RS being at the top, and those are the two I got. At an MSRP dealer, few or no people aside from VIPs can likely get an allocation for every GT car because there aren't enough allocations to around for all of the top customers. The dealers try to give the top customers most of what they want, if not all of it. That seems reasonable and fair to me.
I'm talking about the people here that have repeatedly "bragged" about getting their GT cars at MSRP because they have a wonderful relationship ... blah, blah, blah.... with an MSRP dealer.
But when it comes time for the 3RS allocation at MSRP it's no bueno.
Amazing how that happens even at an MSRP dealer.
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Nick (03-15-2024)
#191
Rennlist Member
Joined: May 2012
Posts: 13,529
Likes: 4,743
From: Mid-Atlantic (on land, not in the middle of the ocean)
#192
Rennlist Member
Joined: May 2012
Posts: 13,529
Likes: 4,743
From: Mid-Atlantic (on land, not in the middle of the ocean)
I'm not talking about you and your priorities.
I'm talking about the people here that have repeatedly "bragged" about getting their GT cars at MSRP because they have a wonderful relationship ... blah, blah, blah.... with an MSRP dealer.
But when it comes time for the 3RS allocation at MSRP it's no bueno.
Amazing how that happens even at an MSRP dealer.
I'm talking about the people here that have repeatedly "bragged" about getting their GT cars at MSRP because they have a wonderful relationship ... blah, blah, blah.... with an MSRP dealer.
But when it comes time for the 3RS allocation at MSRP it's no bueno.
Amazing how that happens even at an MSRP dealer.
With ADM being so crazy on the 3RS, maybe that's a car I should have asked for, but it's not a car I wanted ...
#193
#194
Rennlist Member
Joined: May 2012
Posts: 13,529
Likes: 4,743
From: Mid-Atlantic (on land, not in the middle of the ocean)