992.2

Tech and talk about the 991 and 992
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Porsche4Live
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Porsche4Live wrote: Thu Sep 01, 2022 7:49 am
Wing wrote: Thu Sep 01, 2022 4:15 am Can someone please explane what they mean with " MSRP " :?: don't understand this word.... :idea: :mrgreen:
Manufacturer's Suggested Retail Price (MSRP)

What Is the Manufacturer's Suggested Retail Price (MSRP)?
The manufacturer’s suggested retail price (MSRP) is the price that a product's manufacturer recommends it be sold for at the point of sale. Any retail product can have an MSRP, but the term is frequently used with automobiles. An MSRP is sometimes informally known as the "sticker price."

The MSRP is also referred to as the list price by some retailers. Other higher-priced goods, such as appliances and electronics, may have an MSRP as well.

The MSRP is designed to keep prices at the same level from store to store. But retailers are not required to use this price, and consumers do not always pay the MSRP when they make purchases. Items may be sold for a lower price so a company can reasonably move inventory off shelves, especially in a sluggish economy.
Or... in these markets pay more than the MSRP!

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Wing
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Pay More ... :?: :?:
So..., if you do a configuration of a new Porsche, and the new price is let me say 150.000 USD, the dealer can say nope :!: , the total is 155.000 USD if you want to buy that car ???????, are you kidding me... :o ? never heard of "discount" ? :idea:

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Larry C
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Wing wrote: Thu Sep 01, 2022 8:32 am Pay More ... :?: :?:
So..., if you do a configuration of a new Porsche, and the new price is let me say 150.000 USD, the dealer can say nope :!: , the total is 155.000 USD if you want to buy that car ???????, are you kidding me... :o ? never heard of "discount" ? :idea:
I usually pay invoice plus around $500 but not in this environment. It’s just basic economics, supply and demand. It does appear to be slowly improving.🤙🏻
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Tom
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Wing wrote: Thu Sep 01, 2022 8:32 am Pay More ... :?: :?:
So..., if you do a configuration of a new Porsche, and the new price is let me say 150.000 USD, the dealer can say nope :!: , the total is 155.000 USD if you want to buy that car ???????, are you kidding me... :o ? never heard of "discount" ? :idea:

There is a law in the US that requires dealers to post the MSRP on the window of the car, along with other info, so that consumers know how much the manufacturer says the car should cost. That law gave rise to another acronym -- ADM, short for Additional Dealer Mark-up -- so that at least the consumer knows how much the car is supposed to cost, and how much the dealer is trying to add to that via the ADM.

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Tom wrote: Thu Sep 01, 2022 10:16 am
Wing wrote: Thu Sep 01, 2022 8:32 am Pay More ... :?: :?:
So..., if you do a configuration of a new Porsche, and the new price is let me say 150.000 USD, the dealer can say nope :!: , the total is 155.000 USD if you want to buy that car ???????, are you kidding me... :o ? never heard of "discount" ? :idea:

There is a law in the US that requires dealers to post the MSRP on the window of the car, along with other info, so that consumers know how much the manufacturer says the car should cost. That law gave rise to another acronym -- ADM, short for Additional Dealer Mark-up -- so that at least the consumer knows how much the car is supposed to cost, and how much the dealer is trying to add to that via the ADM.
Exactly. Depending on the 911 model, you may be paying MSRP or up to $200k above (e.g. GT3RS).

Crazy, I know. I actually wish Porsche would increase their price as the MSRP is a key reference point in the resale of the car. If you paid, say 50k over MSRP, that money can be totally lost when the market cools off.

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Porsche4Live wrote: Thu Sep 01, 2022 10:31 am
Exactly. Depending on the 911 model, you may be paying MSRP or up to $200k above (e.g. GT3RS).

Crazy, I know. I actually wish Porsche would increase their price as the MSRP is a key reference point in the resale of the car. If you paid, say 50k over MSRP, that money can be totally lost when the market cools off.
I understand these times seem like prices can go up forever. It will not happen for most cars. [JMO, but a world-wide recession is coming.]

MSRP allows a dealer to make ~10% before dealers advertising and salesman commissions. It's good to give a former good customer a fair deal. More profits come with servicing cars and former customers buying.

Every dealer earns a fair profit (mostly on the SUV trucks). Both of my local dealers have built nice new buildings on their SUV sales.

Also, I never chase stock or car prices. Buy when people panic and sell into a price bubble. :mrgreen:
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