Allocations … when will Porsche sell direct?

[JettandTye]

Finally saved up enough to buy a new car but the dealer wants a large markup or buy a Turbo S 911 or Taycan and then we can order a GT3RS or GT2 with minimal markup over MSRP.

Anyone know when Porsche will start selling direct?

[Unobtanium-inc]

I think they tried that, and lost the lawsuit.

https://jalopnik.com/porsche-tried-to-pull-a-tesla-in-the-80s-and-abolish-de-1820680845

---Adam

[ItzaMe]

It's a waiting game or "know the right person" relationship.

I know of two 2022 GT3's for sale by their first owners, both low mileage cars for basically retail. Might be a better deal than what the dealer is offering you..?

Feel free to PM me if you have any interest.

[Unobtanium-inc]

Apparently, Porsche is trying again.

https://www.autodealertodaymagazine.com/369802/is-porsche-paving-the-way-for-a-new-sales-model-or-will-dealerships-still-have-a#:~:text=In%20its%20lawsuit%2C%20The%20Collection ,to%20consumers%20by%20bypassing%20dealerships.

---Adam

[JettandTye]

Originally Posted by ItzaMe

It's a waiting game or "know the right person" relationship.

I know of two 2022 GT3's for sale by their first owners, both low mileage cars for basically retail. Might be a better deal than what the dealer is offering you..?

Feel free to PM me if you have any interest.

I appreciate the thought but if we are paying $330K MSRP then we want a special order color and other personalizations…

[JettandTye]

Originally Posted by Unobtanium-inc

Apparently, Porsche is trying again.

https://www.autodealertodaymagazine.com/369802/is-porsche-paving-the-way-for-a-new-sales-model-or-will-dealerships-still-have-a#:~:text=In%20its%20lawsuit%2C%20The%20Collection ,to%20consumers%20by%20bypassing%20dealerships.

---Adam

Ya, I heard the CEO make the announcement a month or so ago. Not sure that the courts are going to be sympathetic to dealers charging 25% above MSRP. I would be happy with the manufacturer forcing a one-two year no sell clause that voids warranty.

I am not sure how interest rates are impacting these cars but sure is impacting the used car market.

[Macroni]

Current system is dreadful for those not connected to a dealership. I tried to order a Dakar and was declined as the list was already full.

[mepstein]

Originally Posted by JettandTye

Ya, I heard the CEO make the announcement a month or so ago. Not sure that the courts are going to be sympathetic to dealers charging 25% above MSRP. I would be happy with the manufacturer forcing a one-two year no sell clause that voids warranty.

I am not sure how interest rates are impacting these cars but sure is impacting the used car market.

I think a sale is a sale. Once the new owner owns it, they shouldn’t have obligations to the prior owner, like 2 year wait to sell. Let them have control after the sale and it won’t just be Porsche that maintains control of your purchase, everything you buy will come with strings attached.

[NYNick]

"Please buy our cars....wait, you're not good enough to buy them.
It's not the money, it's your connections, or your loyalty, or your "fill in the blank".
We decide whether you're good enough to buy certain models.
We decide if we'll sell you a car at MSRP that'll will almost certainly appreciate in value."

What a crock of s#$t. Plus, the customers enable the manufacturers to control their purchases because of the upside. It's almost become a matter of investment rather than the actual car. What a sham.

Ferrari invented this sales strategy and now the other high end manufacturers have perfected it. Jay Leno was onto this scam decades ago and now people line up in droves to swallow the bait. What a joke.

[ItzaMe]

Originally Posted by JettandTye

I appreciate the thought but if we are paying $330K MSRP then we want a special order color and other personalizations…

Roger that! Be sure to post what you end up with!

[ItzaMe]

Originally Posted by Macroni

Current system is dreadful for those not connected to a dealership. I tried to order a Dakar and was declined as the list was already full.

As funny as this sounds...there was a Dakar on craigslist a few weeks ago with basically no miles..

Not sure how much the seller was trying to scrape over his purchase price but I guess that's always an option compared to not being on the list at all.

[Racerbvd]

Here is an example of why the manufacturers are moving away from the old dealership models.




https://www.carscoops.com/2024/01/demon-170-fiasco-leads-to-dodge-dealer-firing-three-employees/?fbclid=IwAR39nJgDo8gWwuTf_rV2IlPWJxWmW7Ss6kwvuuC0 0M1clCrGNgfRViMlzJY

https://www.carscoops.com/2024/01/demon-170-fiasco-leads-to-dodge-dealer-firing-three-employees/

Ford is also moving away from the dealership models as well, and some of the dealership owners are getting out, between what Ford expects them to spend on new EV dealerships and moving to online sales, I know a guy who owned multiple high volume dealerships in Florida and aolder, well established , he sold everyone of them.

https://jalopnik.com/ford-ceo-wants-to-abolish-the-dealership-experience-as-1849007700

[JettandTye]

Good articles. Like the other online manufacturers, it would be great to queue up by paying 10% down (or some amount that locks the order, like when we bought our 2006 M3, paid $5k down to special order).

Bellevue Porsche laughed when asking for an allocation.

Seattle Porsche are advertising $140k over MSRP for a GT3 RS allocation.

Tacoma Porsche said that they have an array of customers signed up for MSRP, but they will never get a car because folks are willing (so they say) to pay 100-200K over. OR we can buy a 911 Turbo S at MSRP and then we can get a GT3 or GT2 RS allocation.

What a crazy way to run a business! Porsche used to be for enthusiasts… we love our old 911’s, 928, and 914’s, but unless MSRP comes back we are going to buy a Lamborghini that has zero markup.

[NYNick]

What other industry operates this way? I can't think of any.
They create an artificial shortage of product and then charge a premium. Clearly this economic model favors the wealthy.

I'm surprised a minority group hasn't sued to get GT3RS allocations. That's as ridiculous as Porsche's sales model. Probably a case out there for you lawyer types.

[JettandTye]

Originally Posted by NYNick

What other industry operates this way? I can't think of any.
They create an artificial shortage of product and then charge a premium. Clearly this economic model favors the wealthy.

I'm surprised a minority group hasn't sued to get GT3RS allocations. That's as ridiculous as Porsche's sales model. Probably a case out there for you lawyer types.

Agreed…. Nike?

[Mocker]

Originally Posted by NYNick

What other industry operates this way? I can't think of any.
They create an artificial shortage of product and then charge a premium. Clearly this economic model favors the wealthy.

The US health care system?

[Glenn at Pelican Parts]

Already the most profitable car company in the world and according to the Dec '23 edition of Pano, Porsche had operating profits of $5.8B for the 1st 9 months of '23. I guess that's not good enough for them.

[1979-930]

It’s been going on for years.
Steve Pleau of Future Automotive group has +/- 4 Ford GT40s that have never been registered.
He only sold one of his allotments and mothballed the rest.

Hide the Supply and create the Demand


Sent from my iPhone using Tapatalk

[KNS]

Originally Posted by Glenn at Pelican Parts

Already the most profitable car company in the world and according to the Dec '23 edition of Pano, Porsche had operating profits of $5.8B for the 1st 9 months of '23. I guess that's not good enough for them.

Yes, Porsche is making a lot of money on its cars but (if I understand correctly) it sells the cars to dealerships at a certain price and it is the dealership that are manipulating the market with outrageous mark-ups and devious schemes to force customers to "first buy a Turbo if you want a GT3".

As mentioned above, it's a $hitty Ferrari method that has unfortunately spread.

[NYNick]

I went to the 2016 Porsche Parade in Vermont when they released the 911R. Some Porsche Big Wig was giving the presentation to a classroom full of us. When he asked for questions I asked him: "Why does Porsche make cars none of us can ever buy?"

This German guy responded with crickets and a wry smile.