Originally Posted by theiceman

maybe its just me , but 45 posts in and i still dont get the acronym ADM . Guess thats what comes with being a 45 year old car owner.

Originally Posted by M718R

Well let's first correct your error's

1. Base 911 price in Canada is currently $121,200.
2. Base 911 price in 2012 was $ 90,100 - That is a 35% increase - not 10%
4. For your food comparison - I use the Big Mac Index (ya I know not exactly what you meant but it's a thing economist actually use....) Let's keep with 2012 - $5.12 CAD 2022 - $6.77 ... That's about 33% increase. (pretty darn close to the 911 increase percentage)
5. Average home price in Canada in 2012 is 380K - Average as of July 2022 is 700K (and dropping btw). That is an increase of 85% over 10 years. The difference with housing vs hamburgers and cars is one is an appreciating asset and the others are not. The value of food and cars once used goes to zero eventually. (not counting collector / rare cars etc.)
4. Porsche Canada sold more cars in 2021 than ever in their history in Canada. In fact I believe it was their best year in North America. So the idea that dealers have sold less cars last year is categorically false. The fact that there was no discounts, higher interest rates and pushes for higher margin builds while not having to carry any inventory, tells me that dealership's have had a pretty decent year.

Now, you strike me as the type of guy that likes it when gas is $2 a litre, I mean if you don't buy the gas I'm sure someone else will right? I can understand paying a higher price for something that may gain value in future, like a house or a bar of gold. IF you need to buy a car for work or other reasons, then by all means you do what you have to. However, suggesting people be ok with what can be unethical practises doesn't seem like great advice. If I don't want certain options, then I don't want them. You're right about one thing, maybe they shouldn't buy the car.

Oh and after the luxury tax hit's, Canada will not be the cheapest place to buy Porsche's anymore.... A Sport Classic is $376,629 CAD in Ontario with HST and LUX tax (will be more in BC as well) in the great states of Alaska, Delaware, Montana, New Hampshire, and Oregon with zero sales tax - $354,486.95 CAD - That's $22,142.05 more in Canada.

https://www.globenewswire.com/en/new...r-in-2021.html

https://data.nasdaq.com/data/ECONOMI...c-index-canada

Originally Posted by 992C4

,

Unless you are already driving a 2023 model year 911, the base price of a 2022 model year 911 is $115K, and I just check, the 991 started at $95K, so 21% increase, not 10%, but definitely not 35%. And if we are talking about a base 911, then the luxury tax is only 20% on the portion over $100K, why don't you calculate using that instead of talking about a model that will support your case? And with regards to your numbers for 2021 sales, those are fake numbers so they can look better for the IPO. You used the word unethical because they are trying to maximize their profit with the limited allocations they have? I spoke with my sales guy in Markham, they got only THREE 911 allocations for the month of July and FOUR 911 allocations for the month of August, and there are no more sports car allocations for the rest of 2022 for Canada, so what would you do with those 7 allocations if you owned the dealership? Like I said, if you are not ok with the extra options, don't buy it, they are not forcing you to, plenty of other people waiting inline. I'd be willing to pay $60K in options if I can get a GT3 at MSRP!

Originally Posted by Loess

Was this the good old days?

Originally Posted by RDMcG

Additional Dealer Markup.

I did not know you are only 45 though

Originally Posted by Loess

Was this the good old days?

Originally Posted by Vise

The 997.2 GT3 RS for $155k CAD new is looking like a really smart purchase these days. Damn.

Originally Posted by RDMcG

There was one for sale at $300k at DFC if you want a second one

Originally Posted by M718R

IPO? Fake sales numbers for a publicly traded corporation? You starting to sound like a used car salesperson.

You can't order a 2022 model year Porsche, sorry - and the 2012 base 911 started at 90K - https://www.autotrader.ca/research/porsche/911/2012/

2023 Base 911 in the United States is $137,882 CAD - 2023 Base 911 in Canada with Lux tax and HST is $141,747 CAD - You didn't even calculate your own argument.... Still wrong...

I will not continue this conversation - Pretty sure your a Porsche salesperson / car salesperson trying to justify stupidity on rennlist.

Originally Posted by 992C4

You must be a teenager and believes everything you read. A public traded company cannot have fake numbers, just like how a Porsche dealership cannot charge ADM? Your calculation uses a state with no tax, why don't you calculate the Canadian 911 using Alberta tax? Because you know that your argument is BS. And If I was a Porsche salesperson, I'd be driving a 992 GT3 Touring by now, but my 992 C4 is still better than your 718!

Originally Posted by Inrev

My SA told me that Canada is one of the places that takes the least options on their cars and that Porsche, in order to maximize profits with limited production capacity, has started requiring new car orders to have at least 10,15 or even 20k in options or else they won't bother with that customer. A guy recently told me his SA would give him a GT4RS allocation IF the car had at least $40k in options. He would bypass other customers waiting in line.

While I can understand Porsche's point of view, I'm wondering why they're bothering offering base models with à-la-carte options at all instead of equipping the base cars with more options at a higher base MSRP or simply increasing MSRP more. While I've been considering a new 2024 Cayenne, adding $20k in useless options in order for me to get one is pretty much a no-go and will steer me towards other marques. The GT4RS with $40k in options is the same. Unless it's a PTS +Weissach, I'd have a hard time paying for options I really don't need in such a focused track car. I'm also wondering if it's really the dealers finding a way to bypass the no ADM rule instead of Porsche's own rules...