Dealers having stock and selling for over list

[smartymarti]

2 different opc have cars in ,unregistered and when asked if available was told they would be put on demo for a fortnight before putting back up for 30-40 over list, a practise more and more are now doing

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[Sebbo]

That’s disgusting. They should be reported to Porsche hq.

 

[pauloamore]

Porsche know. Assuming used, it I’ll feature in thr aoorove used website.
- at the end of the day, if I traded my Cross Turismo in I’d expect a premium too. Perhaps then I’d expect the dealer to be able to enjoy same.

I think it would be wrong if the dealers dominated the orders. By I don’t think they do.

 

[gusone]

2 different opc have cars in ,unregistered and when asked if available was told they would be put on demo for a fortnight before putting back up for 30-40 over list, a practise more and more are now doing

30%-40% over the RRP? I don't believe that. 10% yes. No one is going to buy, for example, a 100k RWD for 130k-140k with a 300 miles on it.

 

[TaycanHero]

Used car prices are already dropping and will begin to fall further as the world economy starts self-destructing latter half of this year:

https://www.am-online.com/news/mark...-adjustment-inevitable-says-ebay-motors-group

Same trend is happening in the US.

These prices won't be sustainable and things always return to the mean.

I am pricing in 10% depreciation for every year of ownership of my GTS ST - minus £24k after two years.

 

[gusone]

Time to short Pendragon, Vertu, Inchcape and Lookers shares. Recession coming!

 

[W1NGE]

Porsche know. Assuming used, it I’ll feature in thr aoorove used website.
- at the end of the day, if I traded my Cross Turismo in I’d expect a premium too. Perhaps then I’d expect the dealer to be able to enjoy same.

I think it would be wrong if the dealers dominated the orders. By I don’t think they do.

My understanding was that the new cars in the showroom were actually owned by Porsche (not the dealer) and that the spec of these vehicles was determined by Porsche too. Vehicles spec's as demos are typically dealers domain.

 

[Silveral]

Dealers are unfortunately 100% independent and Porsche NA doesn’t care about shady practices

 

[Sebbo]

Dealers are unfortunately 100% independent and Porsche NA doesn’t care about shady practices

I can 100% believe this, sadly.

 

[Skilly]

This car even fully loaded up is gonna cap out with an MSRP of around 200K USD. Note the part where it says "good deal" - that's not marketing; that's an analysis of the current US market for the car. Turbos are the same...about 100K over sticker for these cars - nothing is being sold at MSRP from the dealer right now.

Also while it sucks, it's not shady. It's the basics of supply and demand; a foundational principle of capitalism. And, supply chain is a global problem, along with greed.

 

[smartymarti]

30%-40% over the RRP? I don't believe that. 10% yes. No one is going to buy, for example, a 100k RWD for 130k-140k with a 300 miles on it.

opc just north of me had a brand new 4s cross turismo listing 98k put up as a demo and then it was sold 130
same as another very close has a shark blue turbo s cab unregistered listed 161 it will be demo and then made 199

 

[Midlifecrisis]

My understanding was that the new cars in the showroom were actually owned by Porsche (not the dealer) and that the spec of these vehicles was determined by Porsche too. Vehicles spec's as demos are typically dealers domain.

Not sure about this. I recall my salesman telling me that he had specced some of the showroom cars. I might have misunderstood, but think that is what he said

 

[Fish Fingers]

Used car prices are already dropping and will begin to fall further as the world economy starts self-destructing latter half of this year:

https://www.am-online.com/news/mark...-adjustment-inevitable-says-ebay-motors-group

Same trend is happening in the US.

These prices won't be sustainable and things always return to the mean.

I am pricing in 10% depreciation for every year of ownership of my GTS ST - minus £24k after two years.

"The best cure for high prices is....high prices"

Kills demand.

 

[Tsingtao]

This car even fully loaded up is gonna cap out with an MSRP of around 200K USD. Note the part where it says "good deal" - that's not marketing; that's an analysis of the current US market for the car. Turbos are the same...about 100K over sticker for these cars - nothing is being sold at MSRP from the dealer right now.

Also while it sucks, it's not shady. It's the basics of supply and demand; a foundational principle of capitalism. And, supply chain is a global problem, along with greed.

I agree, not shady at all, just microeconomics and capitalism in action. And the beautiful thing is no one is holding a gun to anyone's head forcing them to pay $100K over sticker.

 

[gnop1950]

I can 100% believe this, sadly.

I don't know that it is that PCNA doesn't care, but rather it is a self-correcting problem. If dealers irritate their customers enough, those customers will likely go elsewhere. I mean most of the dealer profit on an EV is up-front including options and dealer add-ons since there isn't much maintenance compared to an ICE car.

Almost all dealers are charging a lot more for anything used and adding ADMs where they can. Even mine is now charging a relatively modest $7500 ADM on Taycans although they kept their word and sold me mine at MSRP.

The OP is in the UK and it was my understanding that they aren't allowed to add ADMs so the only way to take advantage of the current market is to be able to sell them as used, is that correct?

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