$20-$35k in options is typical for a 992. Not high.

 

I have an Spyder RS on order with Plano, no problem with the deposit— regardless of refundable or not wording.

If you’re committed to the car place the deposit and get your allocation.

 

If it is a non-refundable deposit once you submit your order, I would have no problem with that as long as, as others have said, the final price is set out in the contract. You have to be a fool to give a non-refundable deposit on any contract without knowing the price. Don't people watch Judge Judy and the People's Court?

 

Not since the advent of streaming and too much good content to possibly consume.

 

Just a heads up, Plano believes in "market pricing". They will talk a big game about how it's not ADM because it fluctuates with the market, but it is never in the buyer's favor. I would highly recommend, similar to above, that you get the price in writing. Other DFW dealerships will only sell MSRP, so I'd be more comfortable with Autobahn or others if this was the case.

 

Thank you. After talking to other Porsche Dealers, I feel that I will wait. I have been in discussion with Houston Dealers, Austin, San Antonio and Dallas. Most I have been on the "List" since June. I sent one message to Plano and I have an allocation. It just doesn't seem right. I don't mind putting 5k down on any car that I would want to buy. But, here it seems like give us 5k and you will have instore credit. My gut says to walk away and I am doing that. Hopefully, I will be able to get an S allocation, if not the CPO road may be the best option. Thank you everyone for the response.

 

The following Thread on Porsche 992 Forum explains why you were offered an allocation with no wait-list: How to get a 911 Allocation Sooner....
(Read the Thread from the top)

I assume if you place an order, with Deposit, you & they will sign an order sheet showing all the cost, fees, items, final price, etc, etc... Your Deposit will show going against the money owed for the vehicle. I really do not see any issue here if everything is documented up front.

 

To lock in an allocation most average folk will have to put a deposit, unless you are not average and are well know to the dealer (maybe). It was $5K for me which I think is the norm that I've seen on rennlist. Some have reported much higher than $5K and some lower.

If that is the car you want I would take it, but make sure you get all of the details in writing - as others have said.

 

This. There needs to be a final cash price, all options, all fees, all everything. It isn’t legit to have a partial payment to a not-purchase. And to be a purchase requires a price. And there needs to be a delivery time frame. If they want “market price at delivery” ADM then it needs to be refundable. If they want “market price right now” then that’s just part of the bill.

If they really had a build slot and a time line for v200, I wouldn’t necessarily have a problem with a non-refundable deposit / whatever. But I would absolutely require a final cash price in writing, and an escape clause to refund the deposit if they fail to deliver the vehicle within a certain time frame.

Not lawyer, not in Texas, don’t have Texas problems, etc etc

 

Run to another dealership ASAP then reassure yourself with a check on dealer's rep on BBB.com

 

You probably got lucky. I pop by to chat with my SA every now and again. He still says 12-18 months wait. But also had an S coupe allocation unspoken for back in October.

For my 992 he quoted me 6-9 months this time in 2021. Before I submitted a build. I put a deposit and submitted a c4s build with around $40k in options. Allocation came in 9 months later.

 

What is your concern with the non-refundable besides the principal of it? You're right, the document should clearly state msrp and nothing extra you need to buy. You should stipulate though deposit refund for unforseen circumstances i.e. car damage, job loss, relocation etc.

With that said, your build is missing a few key options including sports package, fuel cap and a few others.

 

It's not so much that I am concerned with the deposit as I really want the car. I guess it was somewhat of "Red Flag" that after months of talking to other dealers, he had an allocation on the first day of talking to him. Maybe I am over thinking this, but it did give me pause.

I have Sports Chrono and Sport Exhaust, I just didn't lower it by 10mm.

 

You are overthinking this way too much! Some Dealers handle their Allocation Wait-list in different ways. I was in the same boat as you. I was on the wait list at 2 dealers with quoted times of 2-3 years and 10 - 14 months. Then I contacted a 3rd dealer in my area, and had an allocation that day.

Porsche is providing extra allocations to dealers who sell high profit builds, and some Dealers are taking advantage of this to obtain extra allocations for their customers. So yes, you can jump to be 1st in line with a high "Options/Total Cost Ratio" build, because it gives the dealer another allocation for the person who you jumped in front of. Thus the Dealer sells 2 cars.

No "Red Flags" as you say... If you are ordering a custom $150K item, I would expect a deposit of 10% to show you are a serious buyer and not going to walk away at the end leaving the seller with a bespoke build that maybe hard to sell.

Read the entire thread over at the 992 forum that explain this process that Porsche is using to increase 911 profits with constrained 911 capacity: How to Get a 911 Allocation Sooner

 

sent you a PM