997 Turbo / GT2 2006–2012 Turbo discussion on the 997 model Porsche 911 Twin Turbo.
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2010 turbo discounts

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Old Dec 27, 2009 | 12:56 AM
  #46  
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i bought a 09TT cab about 5 months ago after i had recently purchased a 09 911 s cab. I had to trade in the 09 S and i owed 90,000 on it. The dealer (i live in Hawaii so there is only one) gave me 75000 in credit but paid the entire 90000 loan off to Porsche financing. They then added the 15000 difference to the price of the 09TT. We then took 10,000 off the purchase price so essentially i paid 5000 more than sticker due to owing so much on the 09 S that i traded in. I did get 1.9% financing though which helped a little. The dealer did offer 20,000 off the price of the TT but at 6.75% financing which would have given me the TT at 5000 off sticker price and nothing owed on the 09 S trade in but over the life of the loan it was not worth it. I was planning on buying a 2010 TT with all the goodies but the best i could do was 7500 off and around 7-8% financing with 10,000 down. There was no money down on the 09 purchase. I am kinda not sure if i got ripped off or not but i did learn that for my next Porsche purchase i am going to push the envelope a bit more on the discount. The problem is that the hawaii dealer is the only show in town. If anyone has ay thoughts or comments please let me know. Thanks much. I was at the dealer a few days ago and they still had 2 unsold (although not present) 2010 TT and a couple build slots that were unfilled.
 
Old Dec 27, 2009 | 07:45 AM
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Originally Posted by mdc
I did some informal checking before, the dealers official respond are: their margin is only 10%(I am sure it is more than that); Big cut back in production; There will be very few turbo..

I would think the price break will be between 0% and 10%. Be good to know what is everyone getting, if no one mind sharing. Unless we are all shopping at the same dealer, it is hard to compare. But it is still good to have some kind of idea.
I think the margin before "trunk money" is 13%.
 
Old Dec 27, 2009 | 10:59 AM
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Financing a $100k+ car is crazy, it seems like you are digging bigger holes as well. Cash only in that territory.

Originally Posted by solarlottry
i bought a 09TT cab about 5 months ago after i had recently purchased a 09 911 s cab. I had to trade in the 09 S and i owed 90,000 on it. The dealer (i live in Hawaii so there is only one) gave me 75000 in credit but paid the entire 90000 loan off to Porsche financing. They then added the 15000 difference to the price of the 09TT. We then took 10,000 off the purchase price so essentially i paid 5000 more than sticker due to owing so much on the 09 S that i traded in. I did get 1.9% financing though which helped a little. The dealer did offer 20,000 off the price of the TT but at 6.75% financing which would have given me the TT at 5000 off sticker price and nothing owed on the 09 S trade in but over the life of the loan it was not worth it. I was planning on buying a 2010 TT with all the goodies but the best i could do was 7500 off and around 7-8% financing with 10,000 down. There was no money down on the 09 purchase. I am kinda not sure if i got ripped off or not but i did learn that for my next Porsche purchase i am going to push the envelope a bit more on the discount. The problem is that the hawaii dealer is the only show in town. If anyone has ay thoughts or comments please let me know. Thanks much. I was at the dealer a few days ago and they still had 2 unsold (although not present) 2010 TT and a couple build slots that were unfilled.
 
Old Dec 27, 2009 | 06:33 PM
  #49  
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Originally Posted by ISIS
Financing a $100k+ car is crazy, it seems like you are digging bigger holes as well. Cash only in that territory.

1.9% financing makes better sense than pulling 100 grand out of almost any investment vehicle.
-Getz
 
Old Dec 28, 2009 | 12:28 AM
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Originally Posted by getz
1.9% financing makes better sense than pulling 100 grand out of almost any investment vehicle.
-Getz
I do not think they do 1.9% on new TT
 
Old Dec 28, 2009 | 03:36 PM
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Originally Posted by mdc
I do not think they do 1.9% on new TT
The above poster was mentioning his deal on an 09.
-Getz
 
Old Dec 28, 2009 | 07:24 PM
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Originally Posted by getz
The above poster was mentioning his deal on an 09.
-Getz
; D, thanks, should read before I post....
 
Old Dec 29, 2009 | 04:19 PM
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Porsche Financial Services did indeed offer 1.9% financing on new '09 Turbos, as I received it on mine. Not sure what they are offering now, but it won't be far off.
 
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