997 Turbo / GT2 2006–2012 Turbo discussion on the 997 model Porsche 911 Twin Turbo.
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Opinion: 9% off for a 2009 Turbo

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Old Mar 4, 2009 | 04:56 PM
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Opinion: 9% off for a 2009 Turbo

A dealership has offered me 9% off an in-stock new Turbo. Before I pursue this anymore, I wanted to ask the opinion of the experts surfing this board. I am trying to get a little more out of it, whether it is with a further discount or dealer add-ons (paint film, tint, etc).

Any opinions welcomed.

-Rocket
 
Old Mar 4, 2009 | 05:12 PM
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Seems a bit low in this economic climate, did he throw that deal out right away? What is the MSRP? Or total in options?
 
Old Mar 4, 2009 | 05:13 PM
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I'd personally be shooting for 12-14% if I were in the market for a well optioned car anyways. If its got little or no options on it your discount might be limited.
 
Old Mar 4, 2009 | 05:14 PM
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Originally Posted by BostonRocket
A dealership has offered me 9% off an in-stock new Turbo. Before I pursue this anymore, I wanted to ask the opinion of the experts surfing this board. I am trying to get a little more out of it, whether it is with a further discount or dealer add-ons (paint film, tint, etc).

Any opinions welcomed.

-Rocket
Tell them that you can pick up an 07 for 30 percent off with less than 5 K miles .
 
Old Mar 4, 2009 | 05:24 PM
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The car is not really that optioned out, but it has the essential ones that I would want. Sport chrono, LSD, sport shift, active seats, carbon bits, park assist. None of the real cosmetic and foofy stuff. I will push for 11% and see what they have to say. They were pretty willing to give about 6% off immediately.

You guys all rock. Please let the opinions keep rolling in.

'Rocket
 
Old Mar 4, 2009 | 05:48 PM
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Low ball them and say you will pay cash even if you aren't going to. Porsche has huge margins and certainly in this environment will be willing to take a hit on commission to push a car out. Shop around as well to see if you can get other dealers to quote you lower than what you already have and play off that. GL
 
Old Mar 4, 2009 | 06:24 PM
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dealer markup is 13%, so dont plan on getting much more than that off MSRP, BUT teh real question is what are you doing buying an 09?? buy an 07 with low miles for 80K. its a no brainer
 
Old Mar 4, 2009 | 06:25 PM
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Originally Posted by BostonRocket
The car is not really that optioned out, but it has the essential ones that I would want. Sport chrono, LSD, sport shift, active seats, carbon bits, park assist. None of the real cosmetic and foofy stuff. I will push for 11% and see what they have to say. They were pretty willing to give about 6% off immediately.

You guys all rock. Please let the opinions keep rolling in.

'Rocket
it sounds like a nice car. Color?
 
Old Mar 4, 2009 | 07:20 PM
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Originally Posted by jimdarcy
dealer markup is 13%, so dont plan on getting much more than that off MSRP, BUT teh real question is what are you doing buying an 09?? buy an 07 with low miles for 80K. its a no brainer
Agreed buy used. Even though markup is 13%, the invoice price that you see them "paying" is not the actual price they get it at. They have built in margins that get it to the invoice price. Lowball the **** out of them. Start below invoice and work up from that. Some dealers will say that they are "taking a loss" on the car when they sell it to you for such a low price, and even show it to you on their computer, but this is not the case. Like I said they have built in margins to get to that invoice.
 
Old Mar 4, 2009 | 07:21 PM
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So if the 13% dealer markup holds true, it does appear that I am in the upper bound of allowable discounting. I will shoot for maybe an even 10% and see if they take it. I somehow think they will not give me the "take it or leave it" ultimatum but I can.

Also, the car is Carrara White and it has the fire extinguisher option!

-Rocket
 
Old Mar 4, 2009 | 07:23 PM
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Originally Posted by whitemoose26
Low ball them and say you will pay cash even if you aren't going to. Porsche has huge margins and certainly in this environment will be willing to take a hit on commission to push a car out. Shop around as well to see if you can get other dealers to quote you lower than what you already have and play off that. GL

What would paying cash have to do with the deal? The dealers make more money financing the cars. The margins aren't as big as you'd think. Not on the dealer end anyway. At 9%, that's a huge discount already. Do you want your dealer to be there for you or do you want them to go out of business trying to bottom out the price of cars?
 
Old Mar 4, 2009 | 07:29 PM
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They were trying to get me to take advantage of the 1.9% financing. It is true, the dealership does benefit from this.

-Rocket
 
Old Mar 4, 2009 | 07:35 PM
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If anyone on here is serious, and I mean ready to write a check serious, pm me and I'll get you in touch with a very aggressive dealer in FL who ships all over the country. I just got a friend a smoking deal on a 997.2 S.
 
Old Mar 4, 2009 | 07:35 PM
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I worked at a dealership for a while and got to know the finance as well as margins fairly well. You should be able to negotiate much better with cash right now so that the dealers can pay off the cars that they have sitting on their lots instead of them waiting for your monthly payments to come in.
 
Old Mar 4, 2009 | 08:16 PM
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Dog, pm oldguy, he's looking.
If you want a new car I say go for it, nothing beats new...usually. But in these times, with a in stock car, nuthin' special (not like you spec'd it out to your liking and waited months), consider a used.
9% off is pretty good, you won't see better than 10-11%.
 


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