Are ADMs still a thing?

[Atipical]

Greetings all,

I'd like to take my mind off of the endless delays and sadness that are confounding a lot of us on here (myself included) and talk about something else. For anyone that has recently bought either a CPO Taycan or reserved an allocation: are dealers still charging ADM or has the market softened to MSRP now? Particularly for GTS/turbo models as those seem much more sought after and rarer

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[ssim]

Yes, ADMs are still a thing. Can you get a MSRP allocation? Sure -- but you'll end-up waiting a very long time.

In SoCal, RWDs are $10-15k...so you can imagine what 4S, GTS, Turbo are. Other markets, you might see $5-15k, dependent on trim.

I have a thread on here where I post cars available at MSRP...some people have gotten lucky (myself included with a CT4), but the best plan of attack right now is to place order demands at sticker (like with my SA) and see who calls.

 

[HowDoYouChargeIt]

Adding some data points as I've been on the hunt. I briefly had a CT 4S allocation with an April delivery within reach, ADM was 10k. It was gone before I could think about it. Northeast. Still might be a GTS ST out there for 20k...

I then snagged an incoming dealer spec 2023 CT 4S for msrp off Porsche finder. December delivery. Good enough spec and a short delivery time. Only wish it had rear wheel steering...

 

[rjdoc74]

I snagged an income CT4 from a dealer in So Cal. They wanted 20k ADM, but I negotiated it down to $5k. They wouldn't go lower. How did you find one at MSRP? Mine is arriving in December as well and I can still cancel if I find a better deal...

 

[KensingtonPark]

They are definitely lower. When we ordered my wife's eTRon S, the ADM was $12K. When it arrived, we were able to get them to drop it to $3K and add in AudiCare.

A friend on the West Coast also told me his ADM on the same vehicle was $25k, which is down from $50k about six months ago.

 

[daveo4EV]

Greetings all,

I'd like to take my mind off of the endless delays and sadness that are confounding a lot of us on here (myself included) and talk about something else. For anyone that has recently bought either a CPO Taycan or reserved an allocation: are dealers still charging ADM or has the market softened to MSRP now? Particularly for GTS/turbo models as those seem much more sought after and rarer

as long as people pay them they will be a thing - and while it's less now - there are still ADM's - a market is always going to be a market…and as long as demand outstrips supply paying to get to the front of the line - or even in the line - will be a thing.

 

[ssim]

If you PM are about an available Taycan 4S Sedan my SA just texted about…then no, ADMs aren’t a thing

But in all seriousness, ADMs are still a thing for Taycan in a lot of markets. If you’re patient, one at sticker can happen, but it’s rare.

 

[HowDoYouChargeIt]

How did you find one at MSRP? Mine is arriving in December as well and I can still cancel if I find a better deal...

Got lucky for sure, then I moved quickly. Porsche finder site is a great tool. They seem to have just limited it to 500 mile search radius which is an annoying limitation for those of us on the hunt for the best spec.

 

[whan]

I'd say that ADMs probably are going to decrease in the coming months though - due to a combination of the economy slowing+fed rate hikes, improvement in supply chain (2022 was a particularly bad year for Taycan production), and Taycans no longer being eligible for the $7,500 tax credit (this alone would offset a $7,500 ADM). For now, the supply is still constrained, so markups will still be there, but I think demand is softening

The used market will be an interesting one to watch - the softening economy and rising rates will put downward pressure, but the supply isn't immediately going to recover with MY2022 being light for supply. Also with new cars having a significant MSRP bump and no tax credit, this might increase demand for used cars.

For example, when I was ordering my Taycan, it made little sense to buy a used one (at least before I knew mine was going to end up delayed 5 months), as the prices were hovering around MSRP, so a new one as long as it wasn't more than $7,500 ADM was actually cheaper because of the tax credit than buying used

 

[HowDoYouChargeIt]

There's a PA dealership with a ST GTS available, they offered it for a 15k ADM to my email request

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