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ADMs dropping

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Old 06-24-2024, 02:12 PM
  #1576  
omaralt
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Originally Posted by hopetogolf
Interesting...as of a few weeks ago, multiple dealers I called on FL about C2S and/or C4S listed on their websites and all wanted ADMs. Maybe that was because I am out of state.
ya i just purchased a 911T from porsche south orlando. they started at $20k ADM, which i thought was insane on a T. i ended up paying $5k ADM but was able to negotiate a bit more for my trade in. i know porsche west palm beach also charges ADM while porsche west broward does not. so definitely many dealers in florida charge ADM on non-GT cars
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Old 06-24-2024, 02:26 PM
  #1577  
M3Inline6
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Originally Posted by hopetogolf
Interesting...as of a few weeks ago, multiple dealers I called on FL about C2S and/or C4S listed on their websites and all wanted ADMs. Maybe that was because I am out of state.
Definitely ADM’s in Florida.
Old 06-24-2024, 02:28 PM
  #1578  
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[QUOTE=Gary12000;19512519]
Originally Posted by Patton250
...I noticed a really well specced 911 base, with its 10k ADM.

You should have bought it on the spot! It is a steal compared to the $20k ADM that Niello in Sacramento wants for their base model orders.
Old 06-24-2024, 02:38 PM
  #1579  
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Originally Posted by Hunky
20% inflation? Maybe on some select items. Houses where we live are 100-200% more than just a few years ago. Grocery prices are nuts along with so many other things. 20% indeed.
My insurance costs (of all types) went up 30% this year alone. The 3.5% official inflation numbers are a fantasy, its a lie to force reduction of interest rates.
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Old 06-24-2024, 02:59 PM
  #1580  
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IMHO the worst part about market changes, primarily discussed here as ADM and new price increases, isn’t the impact on new 911s. For me it’s the impact on the older stuff I would love to experience. The current value and trajectory of 997 GT2, 997 GT3RS, 993 turbo is impressive.
Old 06-24-2024, 03:49 PM
  #1581  
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I'm in the North East and wanted to trade my 2024 Base with 1000 miles towards a 2024 S, numbers where run and agreeable to me. At the last minute Dealer springs on me "due to interest" there is now a $20k ADM.

Last edited by hbrogers; 06-24-2024 at 03:51 PM.
Old 06-24-2024, 05:44 PM
  #1582  
Gary12000
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Default wow

Originally Posted by hbrogers
I'm in the North East and wanted to trade my 2024 Base with 1000 miles towards a 2024 S, numbers where run and agreeable to me. At the last minute Dealer springs on me "due to interest" there is now a $20k ADM.
wow perhaps you excused your self due to interest?

Old 06-25-2024, 11:02 AM
  #1583  
1985Targa
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Default 911 brand (inv) hyper managed for luxury not revenue

Let’s stop the talk and hope the porsche will ramp 911 production because they’re now public or Covid drove this supply demand imbalance.

This 911 supply imbalance is exactly what leadership at porsche are paid to create.

The 911 is Porsches “tip of the spear” of now a line up of models under the luxury brand porsche. But the 911 role in the portfolio is to drive and lift the entire Porsche brand as a super luxury brand.

Amazing margins per unit but 911 is not the model that porsche leans in to drive its revenue and profit… rather 911 is managed as THE asset driving Porsche desire and as a luxury label.

So they rightfully (for the brand) tightly hyper control 911 supply to assure price and desire (and more so within the line ie: GTs)

Think Hermes and Louis Vuitton who will throttled down supply and even destroy hand bags to tightly manage demand exceeding supply.

The more demand and paying premium for 911s the more people desire ALL Porsche labeled models


Last edited by 1985Targa; 06-25-2024 at 11:21 AM.
Old 06-25-2024, 12:00 PM
  #1584  
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Originally Posted by M3Inline6
Definitely ADM’s in Florida.
Maybe for cars sitting on the lot readily available, but I got mine for MSRP (actually less when you consider the second year service was included in the final price). I ordered it and waited, though.
Old 06-25-2024, 12:54 PM
  #1585  
Gary12000
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Default interesting

Originally Posted by division
Maybe for cars sitting on the lot readily available, but I got mine for MSRP (actually less when you consider the second year service was included in the final price). I ordered it and waited, though.
I'm sure i could have got it for sticker, i was commenting that they will charge ADM if they think they can get away with it. I have observed that there are some luxury buyers who simply don't try to negotiate, so in that instance the dealer just ends up with more profit.
Old 06-25-2024, 01:17 PM
  #1586  
Ikone
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Originally Posted by 1985Targa
Let’s stop the talk and hope the porsche will ramp 911 production because they’re now public or Covid drove this supply demand imbalance.

This 911 supply imbalance is exactly what leadership at porsche are paid to create.

The 911 is Porsches “tip of the spear” of now a line up of models under the luxury brand porsche. But the 911 role in the portfolio is to drive and lift the entire Porsche brand as a super luxury brand.

Amazing margins per unit but 911 is not the model that porsche leans in to drive its revenue and profit… rather 911 is managed as THE asset driving Porsche desire and as a luxury label.

So they rightfully (for the brand) tightly hyper control 911 supply to assure price and desire (and more so within the line ie: GTs)

Think Hermes and Louis Vuitton who will throttled down supply and even destroy hand bags to tightly manage demand exceeding supply.

The more demand and paying premium for 911s the more people desire ALL Porsche labeled models
They've increased 911 production a lot over the past few years.

https://www.stuttcars.com/porsche-sa...ction-numbers/
https://www.carscoops.com/2024/01/po...bined-in-2023/
Old 06-25-2024, 01:19 PM
  #1587  
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And when the 718EV sees weak demand, they will have to make even more 911s to make corporate profit and sales targets.
Old 06-25-2024, 01:28 PM
  #1588  
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Originally Posted by nyca
And when the 718EV sees weak demand, they will have to make even more 911s to make corporate profit and sales targets.
They will possibly need to make more Macan EV's and Taycan's to allow them to produce more 911's.
Old 06-25-2024, 01:53 PM
  #1589  
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How much longer do we think the US dealer model can survive? Seems like too much pressure from all sides. Like music, film, software, games, real estate…..

Old 06-25-2024, 02:06 PM
  #1590  
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Originally Posted by nyca
And when the 718EV sees weak demand, they will have to make even more 911s to make corporate profit and sales targets.
Be certain that the EV flag waivers will be in line for the 718EV(if that is what we are to call it) and grab them out of the gate. That won't last and will likely be similar to the scenario which played out with the Taycan and probably much worse.
We are car guys here who know many other automotive enthusiasts. How many of us know sig. numbers of guys chomping at the bit for an EV Sports Car. I know none.
Why didn't they do a non plug in hybrid 718 like GM has done with the E-Ray. That model is a strong performer and selling extremely well.


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