[OldButSmooth]

Originally Posted by Bimmerfun82

The M2 is an incredible value. Here in the states you can have an M2 and a 991.2 GTS for the price of the 992.2 GTS. Heck, you can have a manual M3 and an M2 for what the CPO 992.1T’s are going for.

An excellent argument, have one Porsche car, or, for the same money two amazing M cars.

Here in Australia you could have a fully specced G87 (less carbon sport seats/drive experience) and a G81 M3 x-drive Competition Touring (station wagon) for the drive away price of a lightly optioned base model 911 (992.2). To me to have two future classic M cars in the garage is definitely the way to go.

[Bimmerfun82]

Originally Posted by OldButSmooth

An excellent argument, have one Porsche car, or, for the same money two amazing M cars.

Here in Australia you could have a fully specced G87 (less carbon sport seats/drive experience) and a G81 M3 x-drive Competition Touring (station wagon) for the drive away price of a lightly optioned base model 911 (992.2). To me to have two future classic M cars in the garage is definitely the way to go.

💯
Manual, agile m car and practical estate x drive. We can’t get the latter here.

Porsche is dead to me. Unless I wake up one day and find a 7MT 991.2 that speaks to me.

[OldButSmooth]

It would be interesting to know the profit margin Porsche achieves on an average ordered 911 delivered...my thinking is that research and development as well as build cost could not possibly equate to three times more than a G87. I would conclude that a robot in Mexico is not three times cheaper than a robot in Germany, I accept labor costs are higher in the latter, but three times higher...what I know for certain is my last Porsche had warranty claims within the first 6 months and the BMW for the same period remains at nil. Worshipping at the temple of Porsche has become too expensive!

[Bimmerfun82]

Originally Posted by OldButSmooth

It would be interesting to know the profit margin Porsche achieves on an average ordered 911 delivered...my thinking is that research and development as well as build cost could not possibly equate to three times more than a G87. I would conclude that a robot in Mexico is not three times cheaper than a robot in Germany, I accept labor costs are higher in the latter, but three times higher...what I know for certain is my last Porsche had warranty claims within the first 6 months and the BMW for the same period remains at nil. Worshipping at the temple of Porsche has become too expensive!

This is a 5 year old article but would imagine the profit margins are higher now than the 47% quoted, given the massive price increases since 2019.
https://www.motor1.com/news/370815/porsche-911-profit/
“According to a report shared by Auto News Europe, the Porsche 911 has a 47% profit margin and contributes 29% of Porsche’s revenue.”

[robopp]

Porsche has no choice but to keep jacking up prices since the dealers are taking massive profits with ADMs on all models. 100k ADM on a GT3 is ‘normal’. Porsche reads this as we’re charging too little. I love it. I’ll be able to sell my 992 T for more than I paid after driving it around for a couple years. I’d love to be able to trade up to the new Huracan with a 10,000 rpm redline!

[Bimmerfun82]

Originally Posted by robopp

Porsche has no choice but to keep jacking up prices since the dealers are taking massive profits with ADMs on all models. 100k ADM on a GT3 is ‘normal’. Porsche reads this as we’re charging too little. I love it. I’ll be able to sell my 992 T for more than I paid after driving it around for a couple years. I’d love to be able to trade up to the new Huracan with a 10,000 rpm redline!

Dealers aren’t getting massive markups on non-GT variants. Porsche has priced out much of the market but has constricted supply and jacked the price. I blame Porsche. A GTS was $125k lightly optioned in 2019 and is now $180k. My T build order was $142k which became $148k before my allocation was secured. I’ve been through two M3’s and a Z4 since. I didn’t think the T was worth that kind of $. Taxes and insurance probably offset the lower depreciation, but I’m keeping my eye out for a low mileage 991 GTS 7MT.

[robopp]

Originally Posted by Bimmerfun82

Dealers aren’t getting massive markups on non-GT variants. Porsche has priced out much of the market but has constricted supply and jacked the price. I blame Porsche. A GTS was $125k lightly optioned in 2019 and is now $180k. My T build order was $142k which became $148k before my allocation was secured. I’ve been through two M3’s and a Z4 since. I didn’t think the T was worth that kind of $. Taxes and insurance probably offset the lower depreciation, but I’m keeping my eye out for a low mileage 991 GTS 7MT.

GTS allocstions were absolutely demanding ADM up until there were no more allocations. Last obtainable somewhat high HP manual 911. S allocations were no existent, but agree on no ADM with the base model.

[Bimmerfun82]

Originally Posted by robopp

GTS allocstions were absolutely demanding ADM up until there were no more allocations. Last obtainable somewhat high HP manual 911. S allocations were no existent, but agree on no ADM with the base model.

Our dealers here in Atl don’t do markups- even on the GTS. They do require a bit of in house PPF and ceramic for about $6k. Nothing crazy. Had a buddy take delivery of his 7MT GTS last month. Gorgeous car but imho not worth the $185k sticker. I do think it will hold its value + $40k for a while, especially now that they’ve cut the manual.

[robopp]

Originally Posted by Bimmerfun82

Our dealers here in Atl don’t do markups- even on the GTS. They do require a bit of in house PPF and ceramic for about $6k. Nothing crazy. Had a buddy take delivery of his 7MT GTS last month. Gorgeous car but imho not worth the $185k sticker. I do think it will hold its value + $40k for a while, especially now that they’ve cut the manual.

My dealer doesn’t either, but the lists are long as a result. They blacklisted some dude that bought a GT4RS when they first came out at MSRP and flipped it for 50k. Great Porsche dealer - no option requirement, no maintenance requirement, no ppf requirements, no Porsche watch, just a small doc fee and that’s it. Best experience I’ve ever had buying a car and I’ve bought a decent amount of vehicles.

[OldButSmooth]

When the GT4RS was announced I attempted to order it as I saw the potential of making a quick $50-$70k profit. I was told by the dealership that my purchase history with them would need to be greater than my last three factory orders...not sure how many more cars I would have needed to have purchased to obtained the elusive GT4RS....just as well as I probably would have kept the car and made my wife upset...happy wife=happy life.

[BroDoze]

^^ That’s… a little ridiculous.

[Bimmerfun82]

Originally Posted by OldButSmooth

When the GT4RS was announced I attempted to order it as I saw the potential of making a quick $50-$70k profit. I was told by the dealership that my purchase history with them would need to be greater than my last three factory orders...not sure how many more cars I would have needed to have purchased to obtained the elusive GT4RS....just as well as I probably would have kept the car and made my wife upset...happy wife=happy life.

And there’s the game - make a quick profit. It’s a shame and Porsche should do more to fight it. There are hundreds of people who have done - and are doing - the same with the GT3 even though production seemed limitless unlike the RS. It’s been the driving force behind the severe price increases that have driven so many true enthusiasts who would actually drive the cars out of play.

[OldButSmooth]

Originally Posted by BroDoze

^^ That’s… a little ridiculous.

It's only ridiculous if you need to borrow the money, thankfully I have the cash reserves to do this should the opportunity arise...got to love capitalism and the ability to make profit.