This is a sentiment on here that I am quite confused about. Why do you want to pay ADMs so badly?

It's as if you both are defending your right to pay them.

The OP's post reveal something that protects you, as a buyer, from potential misinformation. The more knowledge you have as a buyer, the more informed decision you can make. If after reading what he wrote, you don't like it or believe it, that's totally fine. Just keep paying ADMs - no one is stopping you from giving your money away. In fact, you can pay above the requested ADMs as it seems you're so sympathetic to the sell side - they'll gladly take your money.

However, there exists those who think buying at an inflated price (possibly a market-manipulated price) is not a good financial decision. I'm not so sure why you're telling these people that their careful financial analysis is somehow wrong and that they ought to pay ADMs? Especially if it's market manipulated (meaning it's fake). Worrying about the financial health of a Porsche dealership is not the responsibility of the customer.

ADMs represent, literally, free money you are giving to someone. It's money above the cost to build the car with options, it doesn't get you anything more for the car. A GT3 at $255k MSRP looks identical to the one at $255k + 50K ADM. Why do you want to continue pay for this so badly?

 

I must be old, because I remember when Chipotle was $5.95 for the chicken burrito, and the resturants were hard to find. I was so happy when they opened one while I was in college on campus.

This thread makes my head hurt from someone just joining the 992 world.

 

Correct. And I'll predict that as long as there are these very visible ADMs, Porsche will continue raising MSRPs by more than they are in regions where that isn't the case. Because the "market" is showing them that they are underpricing the car.

 

Need a favor, someone please give me a ping when they crash down to FREE!

I can’t believe this thread is still going… LOL

 

I think the issue with ADM is psychological. Seems folks would rather pay MSRP at 350k than paying MSRP at 300k with another 50k ADM. Not considering sales tax, what's the difference? One way or another you'll be paying market value. Supply and demand dictates the price above and even below MSRP.

 

I'm just glad others eat/ate at Chipotle with all the Michelin star restaurant posts that I've seen here. lol.

 

^
Porsche can't keep raising prices because they have effectively driven away their core Customers (Porsche is in real trouble). That's why you see increasing GT inventory at Dealerships because there is no one left to sell them too. The pool remaining for those willing to pay inflated ADMs is almost exhausted.

To increase revenues, Porsche has to increase the supply of its desirable (GT) cars, and get core Customers back on board. All the while, there appears to more cars on the ground Dealers withheld from core Customers - in the hopes of outsized gains.

I agree with the sentiment, if you want to pay ADM then pay it. But it gets you nothing of value. The value to the Dealership is that they get to tag you as a "sucker" for all future transactions - those are the relationships they want and seek!

The "economic" fix to all of this is simple (if legal?). Just like it does with its Used cars, Porsche should auction off New allocations to its Dealers and let the chips (and ADM) fall where they may.

 

I don't get this. How do you not get anything of value. It's exactly the value of the car. The market dictates the value, not you. MSRP is a suggested price. If MSRP was $1, you'd be paying 350k in ADM. lol.

 

Try selling (not trading) an ADM car back to a Dealer and see where the value is!

Keep in mind that the supply of GT cars is going to increase, Porsche is a public Company and needs the revenue.

Watch what happens over the next 6 months!

 

Median income for a new Porsche buyer is ~390-500k. That worked fine for a GT3 ~$162k sticker and some options. At $350k-450k (GT3 and GT3 RS) you've moved your median income buyer up to ~$600-700k+, increasingly smaller market. That's the elephant in the room. You've alienated the core buying market.

Same thing going on in the housing market. Supply and demand is nullified when you price out the majority of the market. Simple economics.

 

Selling back happens at market value as well and the dealer will lowball you always. But if it's something of value, of course you'll get more than MSRP. I did (twice). If you trade, then it depends on what you are getting. It's no different. Value, is value. Market sets it.

I don't care what happens over the next 6 months. I'll be breaking in my engine and having fun in the mountains.

 

But there may be enough people at higher income or net worth who want a GT3/RS and therefore keep up the demand and price. The core market could move up. Porsche has surely done this research and has better numbers and models than we do.

 

You mean like the echo chamber PAG research for EV's. LOL.

Empirical evidence (available inventory) coupled with the BaT/Dealer artificial market manipulation says otherwise. Key component is twofold, having the income range and wanting one. 350-450k there are many more exotic options.

 

My sample is mainly just my MSRP dealer, where I keep an eye on what goes in and out and when. For the past several years, they've never had any new unsold GT car sitting in the showroom, and the used GT cars have all sold quickly. They've recently and current have lots of 911 non-GT cars sitting unsold, some for months. They do fairly steady sales of the other Porsches and have a lot of them on the lot.

 

Statistically speaking, that's a poor sample size and insufficient for anything meaningful.