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Old 06-04-2023, 12:34 AM
  #1171  
malba2366
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Originally Posted by blackland
I took my daughter car shopping today. One of the cars she tested is the Honda CR-V. They were asking for $1K ADM for "Market Forces", the SA said they have to do it so the new cars will not be priced the same as the used cars.
Lol. Find another dealer. The Honda dealer a few miles from my house has 151 CRVs in stock at the moment....during the peak of the shortage they only had a handful of new cars on their entire lot. There is no longer a shortage of most vehicles.
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Old 06-04-2023, 03:10 AM
  #1172  
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My Porsche dealer has 90+ macans and like 40 cayennes!?? I’m number 4 for a T allocation at msrp. Hope it happens before year end.

Last edited by Icegrill; 06-04-2023 at 03:11 AM.
Old 06-04-2023, 03:18 AM
  #1173  
AleSciacqua
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Originally Posted by Spiffx
Can we get back into topic, please.

Any recent deals people would like to report? MSRP, ADM, etc.
Just wanted to share my story. Walked into the Las Vegas Porsche dealership a couple of weeks ago to see wait times for allocation on a Targa 4 GTS, expecting months if not a year, and the SA told me they just got one in.

Decided to lock it in, and after finishing my built, he mentioned about a $30K ADM, which honestly left me shocked (and bitter because he didn't mention it until before signing the contract).

I'm supposed to get it in September and trying to push them to add ED to my order.

Debating if I should try to renegotiate the ADM maybe down to $20K, to see if they want to build relationship with me as the only dealership in Las Vegas as I plan to trade in my Macan GTS for a Cayenne Coupe GTS (or Turbo) in the next couple of years.

Also, they said they're charging $150K ADM for GT3s and $50K for Turbo/TS
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Old 06-04-2023, 03:49 AM
  #1174  
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Originally Posted by AleSciacqua
Just wanted to share my story. Walked into the Las Vegas Porsche dealership a couple of weeks ago to see wait times for allocation on a Targa 4 GTS, expecting months if not a year, and the SA told me they just got one in.

Decided to lock it in, and after finishing my built, he mentioned about a $30K ADM, which honestly left me shocked (and bitter because he didn't mention it until before signing the contract).

I'm supposed to get it in September and trying to push them to add ED to my order.

Debating if I should try to renegotiate the ADM maybe down to $20K, to see if they want to build relationship with me as the only dealership in Las Vegas as I plan to trade in my Macan GTS for a Cayenne Coupe GTS (or Turbo) in the next couple of years.

Also, they said they're charging $150K ADM for GT3s and $50K for Turbo/TS
I’d suggest trying to bring that Targa 4GTS ADM down to ~$15-20k. However, keep in mind that all markets are different, and they might find someone else willing to pay in Vegas.
Old 06-04-2023, 10:32 AM
  #1175  
blackland
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Originally Posted by malba2366
Lol. Find another dealer. The Honda dealer a few miles from my house has 151 CRVs in stock at the moment....during the peak of the shortage they only had a handful of new cars on their entire lot. There is no longer a shortage of most vehicles.
She would rather have a VW Tiguan, she will probably buy one of these instead of a CR-V. And the VW dealer does not charge ADM. They had a nice looking Golf R discounted $10K off of MSRP. But yeah, there must be 15 Honda dealers around Atlanta, I doubt they are all are asking for ADM.

One of the SA’s did tell me that I would probably have to co-sign the loan for her. It is the first car she will be buying herself, first job out of college. She does not have much of a credit history, he said the banks have really tightened credit for car buyers. In the entry level car segment I would think this is hurting sales, which should lead to price reductions off of MSRP?
Old 06-04-2023, 11:42 AM
  #1176  
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Originally Posted by Spiffx
I’d suggest trying to bring that Targa 4GTS ADM down to ~$15-20k. However, keep in mind that all markets are different, and they might find someone else willing to pay in Vegas.
I'll try that or really push them to give me wheel and tire protection and other things like that almost at no cost.

Ultimately this is my dream car and a car that I'll keep for a very long time so I decided to go with it regardless, even if I find this practice just crazy to me.

Thank you for the response!
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Old 06-05-2023, 12:01 AM
  #1177  
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Originally Posted by blackland
She would rather have a VW Tiguan, she will probably buy one of these instead of a CR-V. And the VW dealer does not charge ADM. They had a nice looking Golf R discounted $10K off of MSRP. But yeah, there must be 15 Honda dealers around Atlanta, I doubt they are all are asking for ADM.

One of the SA’s did tell me that I would probably have to co-sign the loan for her. It is the first car she will be buying herself, first job out of college. She does not have much of a credit history, he said the banks have really tightened credit for car buyers. In the entry level car segment I would think this is hurting sales, which should lead to price reductions off of MSRP?
A lot of manufacturers have an incentive for new college grads. I know BMW does for example. It’s about $500 or $1k. Make sure to take advantage of that!
Old 06-05-2023, 12:40 AM
  #1178  
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Originally Posted by AleSciacqua
Just wanted to share my story. Walked into the Las Vegas Porsche dealership a couple of weeks ago to see wait times for allocation on a Targa 4 GTS, expecting months if not a year, and the SA told me they just got one in.

Decided to lock it in, and after finishing my built, he mentioned about a $30K ADM, which honestly left me shocked (and bitter because he didn't mention it until before signing the contract).

I'm supposed to get it in September and trying to push them to add ED to my order.

Debating if I should try to renegotiate the ADM maybe down to $20K, to see if they want to build relationship with me as the only dealership in Las Vegas as I plan to trade in my Macan GTS for a Cayenne Coupe GTS (or Turbo) in the next couple of years.

Also, they said they're charging $150K ADM for GT3s and $50K for Turbo/TS
Haha, Vegas really is for suckers, every single Porsche I have bought below MSRP, but whatever, it's only your money
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Old 06-05-2023, 12:49 AM
  #1179  
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Originally Posted by KenTO
Haha, Vegas really is for suckers, every single Porsche I have bought below MSRP, but whatever, it's only your money
Toronto ain't the same as the US. Canada also has an insane luxury tax on cars. so you may not be paying it to the franchise, but you're paying the same amount either way.
Old 06-05-2023, 12:51 AM
  #1180  
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Originally Posted by 22992
I would totally rock this Targa or Gt4RS
my 4RS is this color. i let my daughter choose.
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Old 06-05-2023, 01:21 AM
  #1181  
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Originally Posted by KenTO
Haha, Vegas really is for suckers, every single Porsche I have bought below MSRP, but whatever, it's only your money
There are more Porsches sold in SoCal than Canada yearly. Supply and demand.

Last edited by remington; 06-05-2023 at 01:23 AM.
Old 06-05-2023, 01:31 AM
  #1182  
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Originally Posted by remington
There are more Porsches sold in SoCal than Canada yearly. Supply and demand.
California's population is larger than Canada's. California's GDP is larger than Canada's. California, land of the sports car, has great weather that most of Canada only enjoys a few months of the year. Indeed, very different markets.
Old 06-05-2023, 01:56 AM
  #1183  
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One thing that hasn’t been said about this particular case: a first time Porsche buyer doesn’t get all the benefits of a person who has been buying many Porsches throughout their life.
Old 06-05-2023, 02:39 AM
  #1184  
Shogunade
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Originally Posted by AleSciacqua
I'll try that or really push them to give me wheel and tire protection and other things like that almost at no cost.

Ultimately this is my dream car and a car that I'll keep for a very long time so I decided to go with it regardless, even if I find this practice just crazy to me.

Thank you for the response!
That was a d!ck move on the SAs part. I'd be irate if I were you. He got you vested and then mentions 30k ADM? That's bait and switch. I hope you have time to spec bordeaux red interior with yellow seat belts, tach and clock with ruby star neo exterior. Then walk away and let them sell that for $30k ADM.

Edit. Green clock, blue tach, yellow seatbelts. Yup.

Last edited by Shogunade; 06-05-2023 at 02:57 AM.
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Old 06-05-2023, 08:31 AM
  #1185  
blackland
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Originally Posted by SS22
A lot of manufacturers have an incentive for new college grads. I know BMW does for example. It’s about $500 or $1k. Make sure to take advantage of that!
It is true, most offer $400 to $500, you need a copy of the diploma and a job or a job offer letter to qualify, but it is easy money. Hyundai was offering 1.99% financing for 36 months to recent college grads as well. That is a great rate in these times but she did not like the Hyundai SUV so much.


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