$10,000 Market Adjustment
#17
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It does seem like cars have been showing up on a regular basis now and they have made some adjustments in the supply chain to keep things rolling. So supply is slowly returning. However, most inventory is going to be pre-sold orders.
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laurenxesq (07-09-2021)
#18
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Food for thought, things may start to level off in the next few months provided no other calamities:
https://seekingalpha.com/news/370923...-chip-shortage
https://seekingalpha.com/news/370923...-chip-shortage
#19
Burning Brakes
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Food for thought, things may start to level off in the next few months provided no other calamities:
https://seekingalpha.com/news/370923...-chip-shortage
https://seekingalpha.com/news/370923...-chip-shortage
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SBAD (07-11-2021)
#20
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By the time the car arrived a year-or-so later, the dealership had changed hands and the new one knew the car and its appeal. So, they reneged and raised the price.
My friend took them to court/ arbitration. Dealer ended up splitting the difference between the then-current FMV and the original order price. My friend ended up foregoing the car and walking away with something around $25K. His quote: “the most money I ever made from selling a car which I didn’t own.”
Moral of the story: supplement your pre-order with an MOU (or equivalent) in addition to dealer’s standard paperwork and T&C (which are defined to protect THEM), including provisions for change of ownership, restructuring, etc.
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Freddie Two Bs (07-26-2021)
#21
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I was at my local dealership yesterday and there were just three cars in the showroom - normally they have room for 12-13. The parking lot was filled with a lot of BMWs and Audis (presumably trade-ins) and there were just a couple Porsches (with window stickers that is). There were some obvious customer-owned Porsches I assume were in for service and another couple cars that looked like fresh-off-the-transport deliveries, but I expect those are already sold. I've never seen it like this before.
#22
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Food for thought, things may start to level off in the next few months provided no other calamities:
https://seekingalpha.com/news/370923...-chip-shortage
https://seekingalpha.com/news/370923...-chip-shortage
I was at my local dealership yesterday and there were just three cars in the showroom - normally they have room for 12-13. The parking lot was filled with a lot of BMWs and Audis (presumably trade-ins) and there were just a couple Porsches (with window stickers that is). There were some obvious customer-owned Porsches I assume were in for service and another couple cars that looked like fresh-off-the-transport deliveries, but I expect those are already sold. I've never seen it like this before.
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#24
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I did not pay ADM for my order. Did they try pretty hard to upsell me on a bunch of add-ons? Yes, but I said no.
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F8Driver (07-05-2021)
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#27
Burning Brakes
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Benedict14 (07-12-2021)
#29
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Stoped by to see my SA this weekend to see about my July allocation (deposit was put down 5 weeks ago for MSRP) and they are now charging $15K ADM for base and S models. Charging $50K ADM for GT3. They are honoring my MSRP July allocation. My SA was not happy with the ADM policy, he was worried about short term gain vs customer loyalty. He had a previous buyer of 8 Porsches from him walk out of the dealership in frustration over the $15K ADM. The ADM on new 911’s may really hurt the dealerships in the long run.
The following 5 users liked this post by Mark S:
Booth9999 (07-25-2021),
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laurenxesq (07-09-2021),
Master Deep (07-07-2021),
ryandarr1979 (07-11-2021)
#30
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Stoped by to see my SA this weekend to see about my July allocation (deposit was put down 5 weeks ago for MSRP) and they are now charging $15K ADM for base and S models. Charging $50K ADM for GT3. They are honoring my MSRP July allocation. My SA was not happy with the ADM policy, he was worried about short term gain vs customer loyalty. He had a previous buyer of 8 Porsches from him walk out of the dealership in frustration over the $15K ADM. The ADM on new 911’s may really hurt the dealerships in the long run.