2010 turbo discounts
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I agree. Don't drink repeat the dealer BS. The economy sucks. My Fortune 100 company just laid off 10% of the staff in USA. It is a blood-bath. They are the largest employer in my region. Few people have money to buy the Turbos.
On Edmunds, dealer margin is 10%. NFW do they deserve to get that for a custom order. They don't even have to carry the cost of inventory. Just write an order an presto the dealer gets $15,000 bucks profit on an $150K coupe.
A reasonable deal for both buyer and seller on a non-premium car is $1000 bucks over sticker. OK Porsche is a Premium product and dealers deserve a premium profit. If MSRP $150,000 then let them take a $5,000 profit for "writing an order". On a $150,000 optioned coupe, they should accept $140,000. Dealer makes a cool $5,000 bucks for writing the order and doesn't have to pay any inventory costs.
It is not rocket science.
PS In 2009 they built too many turbos and PCNA gave dealers a reduction in cost of goods sold. They could sell $145,000 cars for $120,000 ($25,000 off). I was offered this deal a few months ago. You wont get $25,000 off nowbut $10,000 is very realistic. Pay more if you want!!!!
On Edmunds, dealer margin is 10%. NFW do they deserve to get that for a custom order. They don't even have to carry the cost of inventory. Just write an order an presto the dealer gets $15,000 bucks profit on an $150K coupe.
A reasonable deal for both buyer and seller on a non-premium car is $1000 bucks over sticker. OK Porsche is a Premium product and dealers deserve a premium profit. If MSRP $150,000 then let them take a $5,000 profit for "writing an order". On a $150,000 optioned coupe, they should accept $140,000. Dealer makes a cool $5,000 bucks for writing the order and doesn't have to pay any inventory costs.
It is not rocket science.
PS In 2009 they built too many turbos and PCNA gave dealers a reduction in cost of goods sold. They could sell $145,000 cars for $120,000 ($25,000 off). I was offered this deal a few months ago. You wont get $25,000 off nowbut $10,000 is very realistic. Pay more if you want!!!!
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Curious as to production #s for other 911 variants. Did they get cut dramatically too? Dealers need to sell a minimum # of units to cover their fixed costs and make a profit. How can they if they are getting table scraps?
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I agree. My target discount is around 9K. A very fair deal for both of us. I found out Porsche doesn't want to sell cars i n US just Japan and Europe cause dollar is so low. This is why they are holding inventory. They can't forget us though cause US is a key market segment.
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The 8-9K discount are great in theory, but have you looked for a changeable allocation? They are about as common as unicorns right now. Plus, many dealers feel somebody will pay more if they wait and/or have the car on the showroom floor. I just don't see much dealer motivation for substantial discounts at the moment.
C4S: if your dealer has a changeable allocation and are offering you $6K off, you may be able to pull off $8-9K, but I just don't think that is the norm for a car that is not already in transit or sitting on the floor.
C4S: if your dealer has a changeable allocation and are offering you $6K off, you may be able to pull off $8-9K, but I just don't think that is the norm for a car that is not already in transit or sitting on the floor.
Last edited by sparkhill; Dec 21, 2009 at 10:04 AM.
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The 8-9K discount are great in theory, but have you looked for a changeable allocation? They are about as common as unicorns right now. Plus, many dealers feel somebody will pay more if they wait and/or have the car on the showroom floor. I just don't see much dealer motivation for substantial discounts at the moment.
C4S: if your dealer has a changeable allocation and are offering you $6K off, you may be able to pull off $8-9K, but I just don't think that is the norm for a car that is not already in transit or sitting on the floor.
C4S: if your dealer has a changeable allocation and are offering you $6K off, you may be able to pull off $8-9K, but I just don't think that is the norm for a car that is not already in transit or sitting on the floor.
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Porsche sales are 27% down from year 08 to 09. The company knows if it doesn't cut production it will end like MY'09 where they has to lower financing as well as the prices to get rid of inventory. The changing allocations are a reflection of them trying gauge the market as well as create some artificial demand to lure people who have to have it now.
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The 8-9K discount are great in theory, but have you looked for a changeable allocation? They are about as common as unicorns right now. Plus, many dealers feel somebody will pay more if they wait and/or have the car on the showroom floor. I just don't see much dealer motivation for substantial discounts at the moment.
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Without seriously sitting down with a dealer, we are all guessing. It really depends on variou factors, how big is the dealer, how many are in the area etc. There are 4 very close to me(and each other), 7 total with one hr drive. There are quite a few new 09 in the showroom as well.
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Without seriously sitting down with a dealer, we are all guessing. It really depends on variou factors, how big is the dealer, how many are in the area etc. There are 4 very close to me(and each other), 7 total with one hr drive. There are quite a few new 09 in the showroom as well.
Last edited by sparkhill; Dec 22, 2009 at 09:04 AM.
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Fair point. I have had serious discussions with several dealers, of all sizes, and found my needle in the haystack. Porsche has simply cut down on production and of the ones they are making, they are sending most to other countries where the profit margin is higher. Over time this will certainly change, but I think for the next 6-12 months, it is going to be near impossible to find a changeable allocation (there are some for the S turbo). There are a handful of unaccounted TTs on their way, and for those that want one of these, I suspect you can get $5-$10k off. For all the 09s sitting on the lots, the discounts there can get huge. But for a changeable allocation on a non S TT, if one can find one, which I doubt (I bet you can't find one in the 7 dealers within an hour drive of you - I spoke to a few of them actually), there I think the discount would be $0-$5k max.
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Their thinking is — there is always some one with money that is willing to pay what ever. I am not sure that is going to work out for them. One thing that drive me crazy is how sales or even general manager seems to assume how little the consumer know about the product the are interested in. I wish Porsche provide much better training to all their dealers esp. in this price range.
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based on my experience, there are very few changeable allocations. i was told there might by 15 nation wide for the feb-july production window. through a lot of searching and hard work by my local dealer, we were able to find one at another dealer, my dealer traded an allocation on a different car they had to get me it, and now i have a feb build with an estimated completion date of 3/9, which means i should have it early april. i could have taken one of the many blacks or meteor greys coming in for inventory across the country, but i really wanted to spec it exactly how i wanted it.