ADMs dropping
#1426
Burning Brakes
[QUOTE=TheGeneral;18928937]
I’m really happy for you BUT consider that it’s not very impressive getting MSRP on a C4 GTS Cab (less in-demand than C2 GTS) when you got on a waitlist in September of 2021, got your allocation almost a YEAR later in August 2022, had to do European Delivery in April of 2023. I paid minimal ADM, didn’t wait on any list and got one of the most in-demand trims 4 months after I first called and placed my order. Pretty much everyone waiting on lists for over a year get MSRP and the lower demand trims have lower ADM or none at all.
My only point in all of this is that I disagree with you that there’s no negotiating these days. You can negotiate even when there’s ADM, inflation, etc. It’s a good life skill. A good negotiator can pay lower than the going market rate no matter what the market rate is. If the market rate is $20k ADM, and you negotiate $10k ADM, that’s a sign of good negotiation. The sticker price is not necessarily the market rate as we see used 911s selling for their original sticker price.
As @ipse dixit says, you either value your money more or your time.
Anyways, hope you’re enjoying your 911. We are blessed to have these cars!
Too bad you paid a "minimal" ADM. I too bought a '23 GTS .....at MSRP with my spec that I built ...with a free trickle charge and clear side lights installed free. Enjoy your car! Prices are always up for always up for negotiations. Whether you get what you want is another thing. On the other hand, time on this planet is never negotiable. Life is too short to quibble over insignificant rubbish.
My only point in all of this is that I disagree with you that there’s no negotiating these days. You can negotiate even when there’s ADM, inflation, etc. It’s a good life skill. A good negotiator can pay lower than the going market rate no matter what the market rate is. If the market rate is $20k ADM, and you negotiate $10k ADM, that’s a sign of good negotiation. The sticker price is not necessarily the market rate as we see used 911s selling for their original sticker price.
As @ipse dixit says, you either value your money more or your time.
Anyways, hope you’re enjoying your 911. We are blessed to have these cars!
Last edited by SS22; 07-26-2023 at 10:26 PM.
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#1427
It depends on what one wants, right? I’m totally content (ecstatic) about my choice. Great car. Great experience. Trip to Germany, factory tour by another like-minded engineer, paid for 1 night in a hotel and business class flight at a discount - well worth it. For me and my experiences and my age - I value time more than money. I negotiate for a living. I do OK. I can always replace money. I can’t replace time. Yes - we both are blessed! Enjoy!
Last edited by TheGeneral; 07-27-2023 at 12:41 AM.
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#1428
Burning Brakes
It depends on what one wants, right? I’m totally content (ecstatic) about my choice. Great car. Great experience. Trip to Germany, factory tour by another like-minded engineer, paid for 1 night in a hotel and business class flight at a discount - well worth it. For me and my experiences and my age - I value time more than money. I negotiate for a living. I do OK. I can always replace money. I can’t replace time. Yes - we both are blessed! Enjoy!
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Booth9999 (01-25-2024)
#1431
Except you're wrong....
What you are describing is called government “price regulation” or “price control”. Believe me, you don’t want it. It’s not good for the consumer, not good for the manufacturer, or for anyone else in the value chain. It’s also not good for the economy. There are countries that still do this though, and if you’re so keen on it, it’s not difficult at all to migrate to those countries. Not very many Porsches there though…
I know a lot of folks like to touch themselves while looking at photos of Milton Friedman and think that government oversight is "unamerican", but frankly that's an ignorant and dog-**** view. Excessive gov. involvement is of course bad. But a complete lack thereof leads to the most corrupt economies on the planet......especially in societies where wealth is polarized (the US being the most pronounced example). Forget Porsches.....think food, water, shelter.......rent in Chicago......
Hope this helps you rethink your views. Be sure to kiss your photo of Ronald Reagan, patron saint of "trickle down economics" (the largest failure in economic history) for us. Cheers!
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30YrDream (05-15-2024)
#1432
Hello! Economics Masters and Supply Chain MBA here. With all due respect, what he is describing is not price fixing. Price fixing would be when the gov tells the OEM what they can sell a good for on the market, irrespective of the cost of goods sold (COGS) or any overhead/operating margin goals. In his scenario, the OEM would be free to adjust the MSRP to whatever the market will yield, provide rebates to dealerships, etc.. What WE are seeing though is an abuse of the OEMs assessment to enrich the POS folks only (think Ticketmaster), and hold a monopoly on supply. When you hold an monopoly you can speed or slow supply to fabricate demand/scarcity. This abuse takes the form of mandating multi-unit ownership to get an allotment, bait and switch tactics, exorbitant mark-ups with no justification in cost-basis, etc..
I know a lot of folks like to touch themselves while looking at photos of Milton Friedman and think that government oversight is "unamerican", but frankly that's an ignorant and dog-**** view. Excessive gov. involvement is of course bad. But a complete lack thereof leads to the most corrupt economies on the planet......especially in societies where wealth is polarized (the US being the most pronounced example). Forget Porsches.....think food, water, shelter.......rent in Chicago......
Hope this helps you rethink your views. Be sure to kiss your photo of Ronald Reagan, patron saint of "trickle down economics" (the largest failure in economic history) for us. Cheers!
I know a lot of folks like to touch themselves while looking at photos of Milton Friedman and think that government oversight is "unamerican", but frankly that's an ignorant and dog-**** view. Excessive gov. involvement is of course bad. But a complete lack thereof leads to the most corrupt economies on the planet......especially in societies where wealth is polarized (the US being the most pronounced example). Forget Porsches.....think food, water, shelter.......rent in Chicago......
Hope this helps you rethink your views. Be sure to kiss your photo of Ronald Reagan, patron saint of "trickle down economics" (the largest failure in economic history) for us. Cheers!
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#1433
Racer
Only we make it a monopoly if we are unwilling to look at the other viable options.
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#1435
To update:
I have been offered Carrera 992, T and S variants (including 4S variants), and GTS, all at MSRP. Allocations are gone for 992 models now, but I wanted to update this thread. ADMs are going away.
I have been offered Carrera 992, T and S variants (including 4S variants), and GTS, all at MSRP. Allocations are gone for 992 models now, but I wanted to update this thread. ADMs are going away.
Last edited by chicagomarketing; 05-15-2024 at 03:39 PM.
The following users liked this post:
rockbottom8 (05-15-2024)
#1436
High interest rates + inflation leading to MSRP costs going up. Glad that they are going away though...finally.
#1437
This is purely regional. Also, how can you have been offered all of these allocations at msrp but they’re all gone?
#1438
Rennlist Member
Wait til the .2s come out. I bet there'll be ADMs on top of the 10-15% price increases.
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Oileater (05-15-2024)
#1440
Burning Brakes
Hello! Economics Masters and Supply Chain MBA here. With all due respect, what he is describing is not price fixing. Price fixing would be when the gov tells the OEM what they can sell a good for on the market, irrespective of the cost of goods sold (COGS) or any overhead/operating margin goals. In his scenario, the OEM would be free to adjust the MSRP to whatever the market will yield, provide rebates to dealerships, etc.. What WE are seeing though is an abuse of the OEMs assessment to enrich the POS folks only (think Ticketmaster), and hold a monopoly on supply. When you hold an monopoly you can speed or slow supply to fabricate demand/scarcity. This abuse takes the form of mandating multi-unit ownership to get an allotment, bait and switch tactics, exorbitant mark-ups with no justification in cost-basis, etc..!