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re: ADM in AZ. Any difference between the two Phoenix dealerships?

Staffie Guy

Do you seriously think dealers actually follow that list according to Hoyle? In today's market, a person lower down the list will jump a person higher up on the list if he/she has a desirable car to trade in. I had a low mileage vette to trade and jumped over folks without a trade. My SA told me Porsche is encouraging their dealers to get trades.

porscheprestige

I wouldn't be surprised.
Although I think Porsche does this, to encourage / select real buyers and not flippers.
Will a flipper have a trade ? No.
So by giving a trade, you are definitely a "more alike" -- " real customer" .

Litigator

One charges ADM (Scottsdale) and one doesn't (Chandler). I'm sure you can guess which one I chose...

FrostyAZ

There is a huge difference among the three AZ dealerships. One has me on a list for MSRP but 3 months ago I was number 2 and more recently I am number 4 so not looking good. Another dealer wanted $20K over last I called them, several months ago. The third dealer tries to play games, we won’t charge ADM if we can steal your trade and if you agree to buy a plethora of finance products - probably cheaper to pay them the $10K ADM they want. Luckily for me, this will be a second car for my wife and she is no hurry. She is adamant about not paying an ADM so we will see how long the game takes to play out.

FrostyAZ

Scottsdale is crazy, with ADM’s and trade values. When I was selling my 2019 C4S, Chandler offered me $130K and Scottsdale offered $98K. I told the guy that he must have made a mistake but he assured me it was correct. I will never do business with a Penske dealer after this.

Mark S

Scottsdale wanted me to buy all kinds of extras when I wanted to place an order in April of 2021. So I ordered my 911 at Porsche of Las Vegas for MSRP with absolutely no drama. My SA was very up front with me. For some reason he had a Carrera 4 allocation available. I inquired about an S and he was like it could take 3 more months and even then who knows. So I jumped on the Carrera 4 and could not be happier.

FrostyAZ

I bought my current GT3 from Vegas as well. Was very happy and felt they were fair with the ADM. No pressure to buy the extras. Unfortunately they wanted over for the Base or S Cab as well. I think if I was local they would have done MSRP but Porsche has rules about out of state sales and the dealer closest to the zip code of the purchaser’s address gets the replacement allocation if purchased out of state. At least that is what I was told regarding out of state purchases.

Litigator

I'd never done business with Porsche Chandler or purchased a Porsche before buying my GTS. I was treated like royalty from start to finish and paid MSRP for my GTS. They're gold.

Mark S

I should have checked them out but it’s almost easier to go to Vegas from northern AZ. Plus more fun 🤩.

gulfblu

Today, I put 1k down to be in allocation line for c2s at msrp at a MI dealer. However, they had base 911 allocations available to order now at msrp and base Cabs. I read a couple of comments about the fed raising interest rate effecting the everything bubble, in the early 80 to 82 the fed raised rates and kept raising rates even when unemployment rate was at 9.2% in 1982. I believe Powell will tackle inflation. When the fed fund rates gets above 4% in spring 23 i believe the everything bubble really deflates

nyca

The problem is that the Fed is talking about a 4% top in rates - which isn't high enough to do anything, especially in the buying segment we are talking about here. People will just extend the terms on their loans, I can see a 10 year car loan coming someday soon. The better bet here might be worse economic conditions in other countries, which would see Porsche sending more cars to the US - getting a supply increase to dry up ADMs.

shrimp money

Unemployment will never reach 9.2% because people just won’t care, and if you’re not seeking a job, you’re not counted as unemployed.

gulfblu

Quantitative tightening goes to 95B per month starting tomorrow, Powell plans QT for 2.5 years. Powel say's he is tacking inflation, his term is up in 2028. We will see how it shakes out and where the the fed put is, historically inflation can lead to really bad outcomes. My guess is in 2024 P cars will be in the show room at 7%+ off msrp(obviously msrp will be higher) but the dealers will take a haircut instead of a premium they have been charging, people will walk from their orders and leave deposits on the table. Deleverage derisk, devalue and default may be on global deck, don't fight the fed, until they pause QT.

I really enjoyed the interior of the new sport classic. The heritage package interior looks so retro and cool, it's the reason i got in line for new 911. I don't think they offer it on the GTS but its an option on the S. Currently my P cars are a 986 gt4 and 997.1 Very excited for a new 911 i would be happy if it comes as a 992.2, sounds like the 2S coupes are super back logged right now but not as much as the mid engine P cars from what i was told.

Victor C3

Historically, this is the time of year when used car prices begin to drop and supply builds. Prices typically begin to climb again and inventory levels start to drop off around March.

I’m really interested to see what the 911 market will look like in 7 months. Timing really couldn’t be better for me. I’m 10 months away from my final alimony payment to my ex wife which is when I plan on upgrading to a new 911.