2022 Allocation
#301
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
#302
I can see why folks feel they need to correct my position but it is my opinion that I would need to take that car and soften it in order to get it to a DD as I live in an area with less than ideal roads and crappy winters. Plus I specd my car to be around $147K. When I mirror it with the GTS, it takes me to $165K.
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
The following users liked this post:
balucipher (09-24-2022)
#303
Racer
I can see why folks feel they need to correct my position but it is my opinion that I would need to take that car and soften it in order to get it to a DD as I live in an area with less than ideal roads and crappy winters. Plus I specd my car to be around $147K. When I mirror it with the GTS, it takes me to $165K.
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
Porsche makes it too easy to cross the line.
#304
Instructor
I can see why folks feel they need to correct my position but it is my opinion that I would need to take that car and soften it in order to get it to a DD as I live in an area with less than ideal roads and crappy winters. Plus I specd my car to be around $147K. When I mirror it with the GTS, it takes me to $165K.
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
Yes, I believe if anyone is talking about spending $150K on a car but can't afford spending $170K then they can't really afford $150K but to ME, when I toss in the 7% tax and everything else, my eyes would start to tick thinking about what my wife is going to say about paying for the college on our 4 kids!!!! Plus we already have a $125K committed on a new car for her so I just feel like I should hold my ground and make sure I am comfortable with my decisions for me.
In the end, waiting a bit longer to get exactly what I want, how I want it, isn't a bid deal...its just waiting on a car.
#305
RL Community Team
Rennlist Member
Rennlist Member
#306
The depreciation on all 992s is basically next to nothing right now. I drove my 992C4S for 2.5 years and more than 35k miles. At trade-in, I nearly got what I paid for it new. Of course, having bought the car below MSRP in 2019 put me at an advantage versus someone who paid ADM.
#308
Intermediate
Don't buy off on paying an ADM. The rationalization that is OK for dealers to gouge us because of resale value doesn't hold water. Porsche set's the price, dealers don't add value and yet they mark it up. Depreciation has nothing to do with Dealer Markup. Got to have it now is the problem.
#309
Don't buy off on paying an ADM. The rationalization that is OK for dealers to gouge us because of resale value doesn't hold water. Porsche set's the price, dealers don't add value and yet they mark it up. Depreciation has nothing to do with Dealer Markup. Got to have it now is the problem.
#310
Intermediate
I was saying that we all try to talk ourselves into why paying above MSRP is ok, because... What I was trying to say is that the thread seemed to say that it was ok to pay a large ADM, because low depreciation will take care of you. Resale value is high currently because car demand is high causing the used car market to be temporarily inflated. The used car market is already getting softer. Resale value will change.
#311
Thought I'd make one more post on my allocation journey. I finally received my TYD email today and I'm all set with my Porsche ID. The expected delivery date is 172 days from now, which puts me into early September, nearly a full year after first going on the list. I think that's wonderful and its just nice to finally have some movement on all this.
The following 3 users liked this post by cozycalv:
#312
I was saying that we all try to talk ourselves into why paying above MSRP is ok, because... What I was trying to say is that the thread seemed to say that it was ok to pay a large ADM, because low depreciation will take care of you. Resale value is high currently because car demand is high causing the used car market to be temporarily inflated. The used car market is already getting softer. Resale value will change.
Everyone likes capitalism except as it applies to automobiles.
#313
I've been hearing this for the past year. "Market is inflated, it will correct, etc etc" If you've been paying attention, OEMs have publicly stated they are going to do a better job of controlling supply relative to demand. Notwithstanding the supply chain issue which isn't going away in the next few months, the car market is going to be strained for the foreseeable future and I contend it'll never be "back to normal" because OEMs and dealer's alike enjoy not discounting cars or spending marketing money on promotions moving units from inventory.
Everyone likes capitalism except as it applies to automobiles.
Everyone likes capitalism except as it applies to automobiles.
1. OEMs are seeing the markups that the dealers are pocketing and will move in the future to add that to their bottom line. PCNA/PAG is very aware that people are paying 25k over for a freakin GTS.... MSRP increases will follow
2. I have to laugh when people say this market is the new normal. Let's chat again when the next recession hits (and it will hit...possibly sooner than people think with this runaway inflation)
#314
Two points:
1. OEMs are seeing the markups that the dealers are pocketing and will move in the future to add that to their bottom line. PCNA/PAG is very aware that people are paying 25k over for a freakin GTS.... MSRP increases will follow
2. I have to laugh when people say this market is the new normal. Let's chat again when the next recession hits (and it will hit...possibly sooner than people think with this runaway inflation)
1. OEMs are seeing the markups that the dealers are pocketing and will move in the future to add that to their bottom line. PCNA/PAG is very aware that people are paying 25k over for a freakin GTS.... MSRP increases will follow
2. I have to laugh when people say this market is the new normal. Let's chat again when the next recession hits (and it will hit...possibly sooner than people think with this runaway inflation)
I laugh when people don't comprehend what I write. I didn't say the market as it currently is, is the new normal. But I did say it isn't going to go back to the way it was (hint: could mean what I allude to above).
Last edited by usafakid09; 03-15-2022 at 06:10 PM.
#315
Agree with #1. We will be paying closer to MSRP in the future than we have in the past. OEMs are not going to be in the business of over producing and then leaving cash on the hood to move inventory.
I laugh when people don't comprehend what I write. I didn't say the market as it currently is, is the new normal. But I did say it isn't going to go back to the way it was (hint: could mean what I allude to above).
I laugh when people don't comprehend what I write. I didn't say the market as it currently is, is the new normal. But I did say it isn't going to go back to the way it was (hint: could mean what I allude to above).