Porsche Profits
Porsche Profits
Came across this last night....
http://www.mobilemag.com/content/100/354/C11441/
$28,000 profit per car produced. Believable?
http://www.mobilemag.com/content/100/354/C11441/
$28,000 profit per car produced. Believable?
I think more like 16-18% is more realistic. Which is still a lot of dough per unit but I am not sure end of year is so great comparatively speaking in terms in Honda and Toyota profits.
An article recently showed the Turbo invoices at 106K and MSRP is $122,600(2007 model) - roughly 14%. BMW has been known to enjoy this kind of markup as well but perhaps don't have the staying power to keep the MSRP on their cars as long as Porsche.
So I guess it's not a lot of ask for 3-5% off the cars?
An article recently showed the Turbo invoices at 106K and MSRP is $122,600(2007 model) - roughly 14%. BMW has been known to enjoy this kind of markup as well but perhaps don't have the staying power to keep the MSRP on their cars as long as Porsche.
So I guess it's not a lot of ask for 3-5% off the cars?
I believe this article is talking about the profits that Porsche the company is making on each of their sold units. This is not saying the individual dealerships are making this kind of money on each car.
Originally Posted by skiboard06
I believe this article is talking about the profits that Porsche the company is making on each of their sold units. This is not saying the individual dealerships are making this kind of money on each car. I can promise you the turbo does not invoice for $106k
Ahh even worse!! So 28K plus 16K is A LOT OF K's!!
If so then they need to continue to limit the 997TT's so we don't take a hit across the mouth so fast.
If so then they need to continue to limit the 997TT's so we don't take a hit across the mouth so fast.
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Those profits listed are the differences between what Porsche produced the car for and what the dealerships bought the car for. On top of that is the $15k+ hike to MSRP in which the car is sold for! Def. a profitable product!
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