price increase question
So I have a 992 Carrera ordered and scheduled for production in May, if Porsche decides to increase prices due to the availability of parts and possible shut down would the build get increased as well or am I technically locked in at the price when my order went in?
what if the delay is several months and they decide to stop 2022 production and the car becomes a 2023?
thanks
what if the delay is several months and they decide to stop 2022 production and the car becomes a 2023?
thanks
I would think for model year 2022, you're locked in on pricing. But, if it gets delayed and switches over to model year 2023, I assume the new 2023 pricing will be in effect. This is strictly my personal opinion.
Not quite sure how it works in the US, but in Canada, if you have a signed contract with the price, the dealer is obligated to honour it. However, without a contract, the MSRP at the date of delivery takes precedence. ADM are illegal in Canada, but I guess that a dealer in the US could add/increase an ADM without a signed contract, but that would be a shady practice. Usually, MSRP changes coincide with model year changes, but there can also be interim adjustments during the course of a model year.
Not quite sure how it works in the US, but in Canada, if you have a signed contract with the price, the dealer is obligated to honour it. However, without a contract, the MSRP at the date of delivery takes precedence. ADM are illegal in Canada, but I guess that a dealer in the US could add/increase an ADM without a signed contract, but that would be a shady practice. Usually, MSRP changes coincide with model year changes, but there can also be interim adjustments during the course of a model year.
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Porsche is not like their Dealers. It will be the Dealers that will manipulate things. You can call it inflation but I call it price gouging
Insurance will cover any losses incurred by Porsche from the Felicity Ace, which in the grand scheme of things is a rounding error, if that.
So I have a 992 Carrera ordered and scheduled for production in May, if Porsche decides to increase prices due to the availability of parts and possible shut down would the build get increased as well or am I technically locked in at the price when my order went in?
what if the delay is several months and they decide to stop 2022 production and the car becomes a 2023?
thanks
what if the delay is several months and they decide to stop 2022 production and the car becomes a 2023?
thanks
i’m sure all of Porsche’s shipments are insured so they likely lost little in terms of money. The parts shortage issues will be passed to consumers as raw material and component prices are likely higher for 2023 and on.
They were self insured from what I have read. That being said, losing 1000 cars hurt of course but it is not a major hit when you are selling North of 300,000 cars/year.
I would imagine there is a clause somewhere in the sales agreement that states if the manufacturer raises the price the customer is responsible to pay the increase. Just about anything I have seen from a car manufacturer it says to the effect, " Price and equipment is subject change". Bottom line they are saying that they can add or remove equipment from the car or change the price whenever they like. As a consumer you then have the right to accept the change or walk away. If the price increase is small maybe the dealer may eat the increase but if it is a substantial increase, I doubt that very much. Especially in current market conditions. I worked at new car dealerships for 45 years and that was always my experience, but I have no experience with Porsche. Good luck.
Look it up, it is illegal to sell above MSRP in Canada. You should report that dealer.




