Since this dealership is listing this car as "New", I guess it probably has never been titled than. In that case, not much of a drop in price even though it was "punched" back in September of 2008 and the factory warranty clock is already running? So in terms of negotiating a price, I should figure this car as new?

 

To JoeShark:

Your question is interesting but to me the semantics and legalities are irrelevant. You have a car that is about to be 2 model years old. Very favorable mileage, so if the buyer drives it just 5k a year in 26 months he'll have a nice 1 owner 4 yo car with low mileage. Not the expert opinion you are looking for, but I'd guess that this is worth 2-3 thousand over another very low milage 2008 resale

 

tejoe,

Thanks for your thoughts and opinion. So you think from a negotiating and pricing standpoint, if somebody was to look at this car, figure a fair price would be what this car would sell if it was used (using KBB pricing for example) and add about $2,000 - $3,000.

So let's say I use KBB USED CAR private party pricing (even though this car is being sold by a Porsche dealer, it seems that in todays current economic situation, nobody is paying the KBB full retail price), punch in the year, mileage and options, and than add $2,000 - $3,000 to the price? This be a fair price?

If anybody wants to add their thoughts, I'd greatly appreciate it.

 

if your not in a rush maybe try selling your cars privately first ?

 

Sorry for the confusion but I'm not looking to sell a car. I'm looking at buying.

 

Most of the cars that I've seen get punched get treated/categorized like a dealer demo. So even though it hasn't been titled you should treat it like a used vehicle from a negotiating standpoint especially since the clock is already ticking on the warranty.

 

Joe -
A dealership won't ever go below cost on a "new"/leftover car unless there is something wrong with the car. Rebates and incentives may be part of that cost so in some cases a car can dip below invoice but it still won't bust through the cost number.

The advantage of buyinga leftover is for the person who keeps a car for a long time like 10 years . In 2019 it won't matter if a car is a 2008 or a 2010 model as much but as Tejoe points out in the short term it could be a low model 4 year old car .

 

thought you said you were trading your cayman and RR ?

 

Sorry, that's the OP I believe. My bad. No selling or trade-in for me. Just buying.

 

he no understand english.
no sell car, trade cayman s & RR sport. u know??

 

Thanks again for your response. You are really the wealth of information.

If I go by what phil_m says, the final out the door price "could" be below invoice than, right? KBB Used Car price for this car would be below New Car invoice. Am I making sense?

 

The only way you will go under invoice is if there is either a rebate or incentive .

 

Joe:

You've been around 6Speed for 5 years so you obviously know what's going on. I'm the kind of chintz bag who will drive an extra 3 miles to save $.50 on a gallon of milk, but at the same time if I want a car I try to "research" what I want, decide what I'll pay, then get it if someone meets "my price". Years ago I used to fret when I found out that I did not get the best deal; the last ten years that's the last thing - NO buyer's remorse. I'm too old, I bought it to enjoy, and I'm not going to beat myself up if I spent a few thousand dollars extra. I'm NOT driving a 2009 with the perfect specs (for me) because my target wasn't met, but I'm not losing any sleep over that either. This is in no way any criticism of your search, just a general and humble opinion for this thread's audience.

 

^^^^^^^

tejoe,

Thanks for the words of wisdom. Well said and spoken with experience.

Yup, been on 6speed for awhile and have owned many sports cars, but the problem I'm having is this is the first time I'm looking at buying a used car (and a car that seems to be in decent supply and what seems to be a buyers market now). For the last 15 years, all my "fun" cars I've always bought were new and most were in high demand so I always sucked it up and paid full sticker (BMW and MB mostly). Buying a used car is totally new and I feel a bit clueless.

I do appreciate your comments as well as the others on this board. Just looking to make the right and fair deal all around (me and the dealer).

Thanks again everybody.