Tedster

Porsches are discretionary purchases. If you have the cash go ahead and buy one. If you wait a year that's one year without the car you can never get back! Of course, I say that having just picked up a new 992 2S MT that I ordered in March and it was discounted below sticker.

M3Inline6

I got 3% off my '22 Carrera S in this market and I feel extremely lucky. I only managed that due to a few choice connections. Twenty-ish other dealerships in California and a couple surrounding states and nobody was willing to budge off their ADM; a few said they'd maybe consider MSRP. This market is crazy.

CPS992

Absolutely nothing more cringe than watching someone tell another how to spend their discretionary money. I paid MSRP. If they would've wanted ADM, I would've paid that too and I wouldn't have given two you know what's about what it did to pricing of other cars for other people.

OP - sell your car for 1/2 price to equalize the market. Problem solved.

Carlo_Carrera

Lighten up.

westcoastj

Used car prices +29.7% YoY

https://www.nytimes.com/2021/06/10/b...-may-2021.html

SS22

Yep, as compared with new cars increasing 3.3% YoY. Going with new makes so much more sense!

jdanza22

That dealership is a joke, I would never buy a car there, go to Champion Porsche in Pompano

c1pher

Even before all this markup, there has always been a justification to buy new over used in a lot of cases. I don’t know how many used cars I looked at pre-covid, not necessarily Porsches, where a 2-3 year old version was selling close enough to sticker that it didn’t make sense to buy used.

rk-d

Tacomas have been notorious for this over the years.

ipse dixit

Checked out the price of a Hyundai Telluride recently?

Makes the markups on 911 seem almost petty.

Master Deep

10k over MSRP is standard here for the telluride/palisade.

20-30k over MSRP to get a new Escalade.

hell a 2 year old Honda with 20,000 miles sells for $2-3k under sticker prior to COVID.

German1967

There will always be some who will pay whatever it takes to get what they want as soon as possible. And that's fine. It's called capitalism.
I will not pay over MSRP and my life does not depend on a 911. I also don't mind, if that delays an allocation for me. Things will eventually calm down.

c1pher

The Corvette is a good example. Even before the C8, each time anew generation arrives, it’s generally sold out for the first couple years and many of the buyers are paying over MSRP despite knowing if they sell, they will lose a lot more than someone who paid sticker or less. I don’t make that kind of money, so I look for opportunities. If I have to wait, I’m okay with that.

Penn4S

The market sets the price. As long as people keep buying at inflated don't expect prices to drop. If I were selling cars and could get a 20-30% premium would I taker it, YES. So if you don't want to wait until production catches up with demand the prices are the prices.

CodyBigdog

I think the trend to rush to judgment, and perhaps, overpay for a house, or car (2nd most expensive item people buy) will significantly slow down by the 3Q/4Q of FY21. May not apply to the average Porsche buyer, but for many, the stark reality of their new, higher monthly payments, and in the case of a home, repair costs will come home to roost after that new car/home smell has faded. Buying anything on an impulse is usually not a good thing unless financially set.

https://apple.news/Aed6O-m4XTOiZh3mXAtfcfA