Just venting - ADM
#76
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So I actually ordered a ferrari Roma this week. COMPLETELY different experience with the dealer. Fully transparent/realistic about everything. Because in Ferrari world dealers thrive/survive by selling customer cars on consignment they basically treated me like we were partnering together on the order. I'm still in line at 2 dealers for a Targa 4S allocation but at this rate if it gets too close to when the Roma gets here I'll just back out on the Targa.
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chance6 (06-29-2022)
#77
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Sorry, but you have that completely backwards. There is no science to an MSRP. It is simply a number chosen by the manufacturer as a "base line". But for some reason folks get emotionally attached to it. You guys would love to shop in Times Square where each item is marked at 300% of its value and then you get 50% off everything. ADMs are determined by the laws of supply and demand and the is no reason to expect them to yield the same market clearing price in different markets where supply and - mostly - demand differ.
To me it's kind of a discontinuity in regular pricing/behaviors. It will leave a wake of brown feces...and I'm quite interested in how people act in Porsche dealerships 12 months from now. Just saying!
#78
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Its funny.... I don't take it personally at all but I'm so sick of the buying experience just because of the lack of transparency. If they would just say "Hey we found somebody to pay $10k more in ADM than you so they are getting an allocation and you are still in line" I would fully respect that. Its the fact that they play games and act like they are doing me a favor to even return my calls/emails at this point. Like, I'd be 100% cool with a call that said "hey man you've been waiting forever but this guy is giving us 10k more so if you want the allocation you can match his offer and we'll get you going". Instead its just games and lies.
So I actually ordered a ferrari Roma this week. COMPLETELY different experience with the dealer. Fully transparent/realistic about everything. Because in Ferrari world dealers thrive/survive by selling customer cars on consignment they basically treated me like we were partnering together on the order. I'm still in line at 2 dealers for a Targa 4S allocation but at this rate if it gets too close to when the Roma gets here I'll just back out on the Targa.
So I actually ordered a ferrari Roma this week. COMPLETELY different experience with the dealer. Fully transparent/realistic about everything. Because in Ferrari world dealers thrive/survive by selling customer cars on consignment they basically treated me like we were partnering together on the order. I'm still in line at 2 dealers for a Targa 4S allocation but at this rate if it gets too close to when the Roma gets here I'll just back out on the Targa.
#79
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There is definitely a science to setting a Manufacturer price point (MSRP). Any business/manufacturer calculates this, and there is an art to it. It involves suppliers, material costs, overhead, labor, Gen/Admin costs, and profit margin. That's the price the factory suggests based on all the stuff that goes into assembling (and shipping) the automobile. Now true, supply and demand has an obvious effect, but when a % markup starts to become irrational to me (and many others!), I simply won't participate in it. Weird times and they are reflected in what people actually are paying and what the cars are listed at.... The whole thing is a shame, tbh.
To me it's kind of a discontinuity in regular pricing/behaviors. It will leave a wake of brown feces...and I'm quite interested in how people act in Porsche dealerships 12 months from now. Just saying!
To me it's kind of a discontinuity in regular pricing/behaviors. It will leave a wake of brown feces...and I'm quite interested in how people act in Porsche dealerships 12 months from now. Just saying!
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#80
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Or maybe EU has regulations that don't allow arbitrary markups over MSRP? There are a lot of sh1tty things we deal with here in US that they don't deal with over there. Prices listed have to be inclusive of taxes and fees. It's quite refreshing. Book a hotel here and the rate you're charged is 20% higher than the one you were quoted once you add all the nonsense.
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#81
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I think the point is some dealers sell at MSRP and others have arrogant ADMs. if every single dealer had an ADM of $20k then that is the effective MSRP. However, this sillyness is forcing people to hunt for the good ones.. while stealerships make bank. And yes, base C2 owner here who paid MSRP. And no, I cannot afford a $20k ADM.
#82
#83
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No matter, it will be changing soon enough.
#87
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Why stop at that? As soon as people stop paying MSRP and force Porsche to let them pay 20% under MSRP the sooner will be paying 20% under MSRP. Right? Man I like this. I can do more of this. How about this. As soon as people stop buying Porsches unless they offer free 100,000 mile warranty‘s the sooner Porsche will start offering free 100,000 mile warranty‘s. This is freaking awesome. As soon as people stop buying Porsche unless they stop charging for special paint the sooner we will start getting special paint without paying an up charge. Man I have about 10 more but I don’t wanna bore you.
So all we have to do now is organize worldwide to get this done. I’ll print up some pamphlets.
So all we have to do now is organize worldwide to get this done. I’ll print up some pamphlets.
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Drew46 (06-30-2022)
#88
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I have been dealing with the same dealership for many years. The best discount I got was 1% on a 2019 TTS. I never beat the salesman up in bad times and he doesn't beat me up in good times. I am in business and value my long term customers. We do live in a free market, if you don't want to pay the ADM, walk away and stop crying about it. Same as all the people bragging about how they got 9% off a few years ago. I will stop now.
#89
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Just because I have a couple extra minutes I’m going to attempt to explain this to you one last time. Please let me know if you even kind of grasp this concept after you’re done reading this post. I won’t charge you for this by the way. I’m going to pull you into this and use you personally in this example.
OK you and your wife own a house. You lived in it for 15 years having built it in 2007 and originally you paid $650,000 for it. It was brand-new. It’s time for you to retire and move on. Oh did I mention you live in Florida the hottest housing market in the country right now. You and your wife are discussing how much you should ask for your house. You’re trying to determine what is “reasonable”. You’d like to make some money so all on your own without a real estate agent you guys decide to ask for $800,000. You list your house that night at 9 PM. When you wake up the next morning you go to your listing and find you have 62 offers. These offers are now ranging anywhere from $700,000 to $1.4 million. You and your wife look up the person offering you $1.4 million and it’s 100% legitimate. So what do you do my friend? What is “reasonable” in this situation. I would love to hear your complete total honest answer on this. It will be interesting to see if you hold yourself and your wife to the same standard you wish to hold Porsche dealerships at.
By the way this scenario has happened all the time the last couple of years in Florida during Covid. Granted it’s slowing down now since the powers to be are hell bent at destroying the entire economy including the housing market but that doesn’t change the fact that the scenario I offered you above was a very common one in Florida for a while. I’m looking forward to your answer.
#90
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I have been dealing with the same dealership for many years. The best discount I got was 1% on a 2019 TTS. I never beat the salesman up in bad times and he doesn't beat me up in good times. I am in business and value my long term customers. We do live in a free market, if you don't want to pay the ADM, walk away and stop crying about it. Same as all the people bragging about how they got 9% off a few years ago. I will stop now.