997 2005-2012 911 C2, C2S, C4, C4S, GTS, Targa and Cabriolet Model Discussion.
Sponsored by:
Sponsored by: CARiD

Do dealers only have only 10% margin on 09 911's?

Thread Tools
 
Rate Thread
 
Old Feb 11, 2009 | 05:45 AM
  #1  
casaforte9's Avatar
Thread Starter
|
Registered User
Joined: Jun 2008
Posts: 105
From: Princeton
Rep Power: 22
casaforte9 is infamous around these parts
Do dealers only have only 10% margin on 09 911's?

Do dealers only have only 10% on 09 911's?

if so
1) How are they taking off 10% or more than ordered cars?
2) What is the max % off members got in Jan or Feb of this year , please pm me if that is better way to divulge % off
 
Old Feb 11, 2009 | 11:23 AM
  #2  
tromero's Avatar
Registered User
Joined: Feb 2008
Posts: 358
From: Miami
Rep Power: 40
tromero is a splendid one to beholdtromero is a splendid one to beholdtromero is a splendid one to beholdtromero is a splendid one to beholdtromero is a splendid one to beholdtromero is a splendid one to beholdtromero is a splendid one to behold
they have 13% in the cars
 
Old Feb 11, 2009 | 07:56 PM
  #3  
Dharn55's Avatar
Registered User
Joined: Feb 2006
Posts: 858
From: Wilmette, IL
Rep Power: 66
Dharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud ofDharn55 has much to be proud of
13% is way too low. Can't include all the extra funds dealers get. At this point they are having trouble selling cars at 10%-15% off sticker, so many cars sitting on the lots its amazing. Maybe 13% off invoice before incentives. If they only have 13% most of them will be out of business soon.

Look at the Jan. sales numbers for 997's, off approx 50% from last year. Given that almost half of the sales year is gone if this trend continues Porsche won't be able to balance supply and demand by "slowing" production unless they mean essentially shutting down production for a few months. Then what happens to customers who want to order a specific car, they will have to wait for extended periods of time. Last time anything close to this happened was in late 2000, early 2001 after the tech markets crashed. In 6 months 996's went from very hard to find to packed dealer lots and discounts of 10%-20%, and it was not nearly as bad as the current economy. Porsche, like mercedes and many other luxury car makers faces major problems on a world wide basis. Fortunately Porsche has deep pockets and lots of reserves and should be able to weather the storm.
 
Old Feb 11, 2009 | 09:48 PM
  #4  
yrralis1's Avatar
Registered User
15 Year Member
Joined: Jan 2008
Posts: 9,108
From: South Florida
Rep Power: 529
yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !
If a dealership sells a car at or near cost it can happen for many reasons I can list a few but rather than go that route 10 percent on a new car is a very good deal . You face teo big hurdles.
1) It's an ordered car
2) It's a rare car (Targa 4S)
If you back out of the deal and it's specd to your taste they would fear being stuck with it if you back out.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
drapersa70
6speed Technical Information forum
1
Jan 19, 2016 10:01 PM
DaButcher
New Member Introductions
6
Sep 16, 2015 02:49 AM
Money2536
GT3/GT2
4
Sep 1, 2015 04:56 AM
Phoenix604
Automobiles For Sale
0
Aug 19, 2015 10:39 PM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 03:04 PM.