Drew46

I put myself on the list at this dealership (and other lists as well) in mid-August and got the allocation earlier this month. I think part is luck and part may have been people in front of me passing on the ADM. The most I moved on any other list was one spot and I was still not very close on any of those lists.

Harshersh

he said it’s a car they were awarded for their new facility. He said the build is usually faster, but they can’t release it until a certain date 🤷🏽‍♂️

How long after you guys get your allocation and do the build does the car typically take for delivery?

Vista6019

That is great news. Those CO Springs guys are good guys. Best of luck

Wiems

I stopped by my local dealership yesterday and spoke with an SA about trading my 992S coupe for MSRP and getting an allocation for a cab at MSRP. He told me that that's not gonna happen! They are selling used 911's for over MSRP, 91 and 992 variants, and charging 20k over for allocations. They just received a GT3 and are offering it at 100k over sticker! This is absolutely insane. I think I better just hold onto my car for the time being!

Drew46

Two thoughts:

• Why would you think that in a market where you can sell a used car at MSRP that you would be able to get a new car at MSRP? To be fair, that just doesn't make sense.
• On the other hand, when trading in a car (or a boat or upgrading homes), to me, the important number is the delta between the two (what it will cost to upgrade) and I am fairly indifferent to the two purchase prices. Of course, in a hot or inflated market, that delta also tends to also be inflated. It is usually more cost efficient to upgrade a home in a down market than a hot one. That may or may not hold true for cars. Of course, houses can be investments that are expected to appreciate and cars are consumable goods that are expected to depreciate and only in a rare market or exceptional case increase in value.

ctdubl07

Good for you Drew46. Curious, what model(s) did you request and what model allocation popped for you?

Harshersh

I got an “allocation dump” opportunity. Put a deposit for a C2 at msrp for delivery by 4/1/22. Didnt exactly want just a C2 but took what I could get right now. Guess I just got lucky

propofunk

My GT3 allocation pleasantly fell through even though I was tooooold it would be MSRP. "Market changed" is all I got. 100K ADM for GT3, 120K ADM for Touring and the Touring now is a separate allocation. GT4 50k mark up. They want 10K for a base pre-paid up front. Tried my best to get it to MSRP. No dice.I'll be getting my deposit back. I'll be be holding on to my 718S for a while then. Model Y Performance is should be in December hopefully.

Go Bruins

Unbelievable!!! The market is out of control.

nyca

It's the new world order - dealer profits are sky high from ADMs for doing nothing, manufacturers can produce less ICE cars as they transition to EVs with massive government subsidies, and the consumer is taken for a ride on everything from cars to food to appliances, you name it. Two slices of "premium" pizza cost me $7.80 last week - I'm making my own pizzas now.

Drew46

Targa GTS.

Wiems

That's awesome Drew46! I hear what you're saying about the delta between the trade and the price for the new car. It's just that I figured a bird in the hand - my 992 that they could flip in a week for a quick 20k profit, would be worth getting me an allocation at MSRP. The market keeps changing though, and this is where we are at now. I guess I'm just glad that I have a pretty sweet car right now!

Drew46

Indeed. You are in a place that many people would love to be in! And like I mentioned, any premium you get on your trade is likely to be more than offset on the premium you will pay on a new one. I am sure lots of people will chime in to say that they would never pay over MSRP and a few will be able to say that they paid MSRP, but I have to assume that a dealer that is paying over MSRP for your used car is not going to sell you the new one without a premium. If they are willing to do that, then I suggest you (1) take that deal right away and (2) short the dealers stock.*

*Yes, I know the dealer is almost definitely not publicly traded. Its a demonstrative hypothetical comment.

detansinn

FYI. I'm already hearing $100k over MSRP for a GT4RS. Porsche dealers seem to have no trouble getting that.

In September, I agreed to pay MSRP for the first time ever on a car. It was for an allocation and build slot that should arrive at port by year end. The GM has told me that I was one of the last customers to secure a car for MSRP -- ADMs and market adjustments are now the norm for them.

I've got a deposit in on a completely different car and have been promised an allocation here in December. The dealer won't commit to the purchase price yet -- I just got off the phone with my sales guy. They're still promising me an allocation, but it's crickets when it comes to the price. I suspect that they're telling all of us that we're getting allocations, ie. more buyers than cars. Once they get the actual number of build slots, they'll break the news that it's going to come with some substantial ADM or market adjustment, hoping that it thins us out. For this one, I predict that I will be asking for my deposit back.

This is the current state of buying a car in this environment. I don't expect it to change anytime soon. Next year, the ADMs that people paid in 2021 might seem quaint. These may be the "good deals" compared to what 2022 may bring. If you really want one of these cars that are in demand, you'll be paying a premium.

PCA1983

I told my wife it's time to get me into a mental health institution if I ever pay any serious dealer markup.
I just bought this gorgeous and well-cared for 1-owner 991.2 911 Turbo with 13.5k miles for $100k less than my desired configurator-build 992 911 Turbo S, including additional sales tax, but zero dealer markup. It's far better 911 than I ever dreamed it would be. Now I can wait for the zero dealer markups to return.