I heard a rumor today about 997TTs starting to sell for $$ over MSRP in some areas. Anybody else hearing this?

 

Doesn't sound very far fetched. Are you saying that they are ready to deliver or ready to sell?

 

They want $995 markup on a friggin Honda Fit, I'm sure the TT will be marked up LOL.

 

that's why CGT is a great deal. u can buy 3 Honda Fits with the discount, after-markup price too!

 

It was $$$ to place an order for an early car.

 

In the US, dealers lose future allocations for charging over MSRP, so this isn't likely to occur with good dealers and smart customers on new cars. OTOH, they may sell early cars to friends, let them drive 1K miles, have them return the car and then sell for over MSRP as a used vehicle.

 

Being into the whole Porsche scene for the past many years, I have seen this company become only focused on one thing: SELLING CARS..

I feel that even though the new turbo is at its peak now it will NEVER have the kind of pull back when the 996tt started becoming a reality. IMO, you gotta look at the whole 997 and whats happening with that. If you walk into a Porsche dealer and want a 997(non-turbo) at a nice discount you can do that anywhere tomorrow!!
Back in the beginning of the 996 back in 98, that car held great and the dealers were very unlikely to discount that at all. The 996 stayed strong for about 3 years and then they were discounted. It was about then when the 996TT came out and that had so much steam from the great success of the 996 Carrera.

I feel in todays situation that there are gonna be a few people who just gotta have it now and pay whatever. But IMO, I think the new 997TT is gonna cool off quick..

 

also thanks to internet for the good & the bad. back then potential buyers didn't have places like this to communicate with each other.

 

I'm sure any one paying markup on a 997TT will lose his shirt in just a couple of months after initial launch. I'd just wait 3 months or so and get a discount instead. Of course, some people just need to have their toy now.

I recall walking into a Porsche dealer in 2000 and they didn't even have a single Boxster to look at. I got a look at one in service. Crazy time that was. I'm sure this had to do with the dot com boom, not with 996 introduction per se.

 

I have a friend in 2000 when the 996 TT came out he bought the first 4 of them in our area and sold them for msrp + 40k EACH.

seal grey was so in back then

 

....just like Ferrari dealerships.

 

The 997TT looks like it was made for the "18 year old fast & furious" crowd but with a price tag that few of them can afford. I think it's a turd of car that is an embarassment - I feel sorry for those who are going to pay MSRP for the vehicle... let alone MSRP+. My 2 cents.

 

IMO,A Porsche will never have that whole "above sticker" thing ever again.. Between the bath that the 996TT has taken and along with all the Bran new CGT's that are sitting around, unfortunitly Porsche has fallen into the whole mainstream of production cars.. Their reputation of resale is shot..

 

One of you guys hit the nail on the head, the 997TT is gonna cool fast. I predict discounts within 1 yr once people realize it's just a warmed over 996TT. Don't get me wrong , it's a great car and I'm on the list, but a 993TT it ain't. Within two years of ownership, after a massive depreciation hit ,they'll be selling for less than a nice low mile 993TT.
Why?
Because PAG will crank out as many as the market can handle and we all know it!
That's why I'll buy a 993TT and lease a 997TT. my .02

 

I recall walking into a Porsche dealer in 2000 and they didn't even have a single Boxster to look at. I got a look at one in service. Crazy time that was. I'm sure this had to do with the dot com boom, not with 996 introduction per se.[/quote]

The old supply and demand laws at work. I knew quite a few people who were millionaires in 1999 and poppers in 2002. Many had lost their jobs and stock values. Quite a few had all of their investments in their company stock due to options and profit sharing. The whole basket of eggs hit the floor and the rest is history.
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I saw an 800K yacht go for 450K. I went looking in 03 for 996 turbo, found every color and model available used at many dealers in the state of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-comffice:smarttags" /><st1:State><st1lace>California</st1lace></st1:State>.
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If I remember correctly, I saw something like 30 used 996 turbos for sale at one dealer. Many with less than 2000 miles on them.