ADMs dropping
Drifting
Joined: Aug 2004
Posts: 3,423
Likes: 1,930
From: new york
Politics aside, there is no doubt that high inflation environments help asset owners/holders the most. See the recent comments by Charlie Munger. People who own "stuff" see it appreciate, while people who can only trade their labor to generate income for consumption, get hurt. My auto and homeowners insurance went up 30% in one year. One year, 30%. So when they tells us the PCE is 2.7%, I just laugh. I guess they only count people who live in apartments and take mass transit, who have no insurance costs.
Pro
Joined: Jun 2007
Posts: 507
Likes: 56
Im not saying there are 130 available, but now there are 134 listed for sale using that search. Just a metric but Ill add that when ADMs were the highest there were 18 for that same search and when the discounts were 5%+ there were 240 listed.
Intermediate
Joined: Oct 2023
Posts: 40
Likes: 37
From: CA
Its a SoCal dealership. Of the ones in SF, apart from Redwood City, others were MSRP with PPF and ceramic coating through them at delivery, but nobody had an allocation available. I was reached out for a few GTSs over the last 6 months that were already built, at MSRP, but were PDK and no aerokit. 7MT with aerokit were non negotiables for me.
Rennlist Member
Joined: Feb 2012
Posts: 651
Likes: 233
From: California
Rennlist Member
Joined: Jul 2023
Posts: 859
Likes: 494
Likewise, Redwood City wouldn't even entertain a conversation when I started looking at Porsches in July last year. They are the closest dealership to me, but unless I absolutely need, i wouldn't want to set foot there.
Porsche SF on the other hand, haven't bought a car, but have had good experiences there with a sales advisor and the service dept.
Porsche SF on the other hand, haven't bought a car, but have had good experiences there with a sales advisor and the service dept.
Rennlist Member
Joined: Jul 2023
Posts: 859
Likes: 494
Their quote to me very recently was 'there's no list. We sell cars are market price. The cars come in quick and go. Whoever pays first takes the car'.
This is for all cars, not just GT.
This is for all cars, not just GT.
Last edited by CurryPuff; Jun 5, 2024 at 02:38 PM.
Rennlist Member
Joined: Feb 2012
Posts: 651
Likes: 233
From: California
Yup. Redwood City wouldn't even show me cars because I didn't have a relationship with them. I asked how can I start a relationship with them and they said "it's difficult now, we don't have cars available to sell". These dealers are so damaging to the brands...
Porsche SF I had a great experience as well and Burlingame. Unfortunately for Burlingame, they are a much smaller dealership and I was told they get much fewer allocations.
Porsche SF I had a great experience as well and Burlingame. Unfortunately for Burlingame, they are a much smaller dealership and I was told they get much fewer allocations.
Racer
Joined: Jul 2010
Posts: 279
Likes: 61
Yup. Redwood City wouldn't even show me cars because I didn't have a relationship with them. I asked how can I start a relationship with them and they said "it's difficult now, we don't have cars available to sell". These dealers are so damaging to the brands...
Porsche SF I had a great experience as well and Burlingame. Unfortunately for Burlingame, they are a much smaller dealership and I was told they get much fewer allocations.
Porsche SF I had a great experience as well and Burlingame. Unfortunately for Burlingame, they are a much smaller dealership and I was told they get much fewer allocations.
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Racer
Joined: Dec 2019
Posts: 496
Likes: 420
i just closed on a deal on an incoming T. they were at $20k over initially. We agreed on $5k over, which i'm pissed about, but considering it was optioned 100% like i wanted and who knows the next time a manual will be available that fits what i need i jumped on it. Coincidentally a CPO 23 992T popped up locally with identical options minus the RAS for almost the exact same price with 10k miles. almost $20k over the original MSRP
Rennlist Member
Joined: Dec 2022
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From: Texas
3rd Gear
Joined: Jun 2024
Posts: 3
Likes: 2
From: Auburn, CA
I was at Porsche Rocklin which has a sister location, Porsche Sacramento. Both are owned by Niello. I was quite surprised that they were requiring 20K ADM on base .2 orders. I had never heard of such a practice on the base model.
Rennlist Member
Joined: Feb 2023
Posts: 2,068
Likes: 2,175
Thats just gross. Especially given the price increase.
Instructor
Joined: Nov 2023
Posts: 205
Likes: 136
The sales of used 992s are actually quite slow here in the last 2 months in the SF Bay Area. Also, I see more people backing out of their new 992.1 orders with several dealerships in the Bay Area, especially for the base 992.1 and the T models. Quite a few orphaned new base .1 and T models are listed for sale.
Furthermore, none of the Bay Area dealers I know of charge ADMs on base 992.2 models.
Last edited by double-o-seven; Jun 21, 2024 at 10:43 PM.