Saw this link on another forum; so credit go to the original poster

Updated 6/29/09

Sorry guys, I have to delete the link since I don't want to get the original poster in any troubles with Manheim.

 

Thanks, that is an eye opening resource!

 

Man thats awesome I have seen these auction reports before but never this user interface, good find, rep for you.

 

if you look up 02 911TT the 2nd silver 911 that pops up just sold at Highline Imports for $44k in NJ. LOL! They made a $3k profit after putting new tires on the car; and that depends on if the auction charges buyer fees?

 

Yes those are sold prices but dealers do have to pay fees

 

A 2003 with 10k miles sold for 48,000. Nice. Lets hope the prices are holding now.

 

Get 'em while you can, because Manheim will shut that down as soon as they get wind of it. It's definitely not in their customers' (dealers) best interest to have that data open to the public. That's the regular interface that's available through Manheim's dealer portal, so I'll bet some guy just set up a proxy using a logon ID he grabbed. Hopefully it stays open, but I wouldn't bet on those credentials staying good for too long.

 

I am a member of Manheim. There are several costs on top of the sold price, financing, buyer fee, shipping fee, etc. Then they take the risk of inheriting someone else's problem so the risk warrants that they get a better deal.

Don't you think?

 

yep.

as a manheim member, I gladly share info with those that have an understanding of the process, but unfortunately, most people dont grasp the idea that the number on the manheim report does NOT reflect what the dealer ACTUALLY paid. I think its pretty funny that most people think there are HUGE profits in selling cars - there simply are not. There are a ton of misconceptions in this business that I wish were made clear.

 

"I think its pretty funny that most people think there are HUGE profits in selling cars - there simply are not."

It depends on everyone's definition of "HUGE" profits. Most people have no idea what the overhead is to run a business and make a profit.

 

To echo what silvershark said, I have served as EVP of several large companies (e.g., Roche Group, LMC), as well founding and selling my own companies in the capacity of a CEO.

Margins do not equal profit in any predictable way, except at a very gross level. In some of my endeavors, margins were close to 90%, others were 40%, and in others, the up-front cost of R&D was soo large that failure to sell the resulting product, regardless of so-called 'profit margin', could spell doom for the company.

The profit that Porsche makes per new car sold is not known (at least by me), but it is most likely in the range of BMW - that is, about $5,000-$10,000 per car - not the $28,000USD per car that some have estimated in the past (see www.­bd-­forecast.­de or http://www.autoblog.com/2007/01/25/p...er-car-report/).

Sorry for the tangent, and I am sorry I missed that particular website before it disappeared. - Gerry

 

we know the gov has no idea how to run a business!!!