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Help! Pricing on '08 997S

Old Apr 29, 2009 | 10:36 AM
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Help! Pricing on '08 997S

I've been keeping my eye open for a 997 for awhile now. I was at the dealership today to get my Cayman S serviced and the sales rep is trying to unload an '08 997S w/bose, heated seats, 19" wheels and very few other options. I can't remember the sticker price.

He's currently running the numbers on my trade(s) - '06 Cayman S and '08 Range Rover Sport supercharged. I'm trying to get a ballpark of how low I can get him on the '08 997S. I already have numbers that I want to get for my trades.

Can anyone share thoughts on what percentage off I should be looking at for the 997? I wasn't thinking of going as high as a 2008 but if I can get a steal, I'll seriously consider it.

Thanks for the input.
 
Old Apr 29, 2009 | 10:41 AM
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YRRALIS1 INPUT PLEASE. A very good friend of mine.

Thanks
 
Old Apr 29, 2009 | 10:46 AM
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Originally Posted by jjc4scab
YRRALIS1 INPUT PLEASE. A very good friend of mine.

Thanks
Thanks buddy. What do you think?
 
Old Apr 29, 2009 | 11:04 AM
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You will never get a car from a dealership under invoice but that is what you need to aim for with price . The snag is that a new 09 will go from 8 to 10 percent off MSRP and an 08 will go for about 13 percent . For the 3 to 5 percent saved one ends up with a car which has an extra year of depreciation . The best time to buy aleftover is either a) when theres no redesign or b) when the new car is not being discounted .

Conclusion --buy an 09 . If financed you can get 3.9 percent . If bought cash theres a 5K rebate and you can get at least another 5K . Thats approx 10 percent off . If not happy at that dealership call others. You will end up with a car.

If you must buy an 08 buy a used one . A car with a CPO which has low miles and titled .
 
Old Apr 29, 2009 | 11:28 AM
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Originally Posted by yrralis1
You will never get a car from a dealership under invoice but that is what you need to aim for with price . The snag is that a new 09 will go from 8 to 10 percent off MSRP and an 08 will go for about 13 percent . For the 3 to 5 percent saved one ends up with a car which has an extra year of depreciation . The best time to buy aleftover is either a) when theres no redesign or b) when the new car is not being discounted .

Conclusion --buy an 09 . If financed you can get 3.9 percent . If bought cash theres a 5K rebate and you can get at least another 5K . Thats approx 10 percent off . If not happy at that dealership call others. You will end up with a car.

If you must buy an 08 buy a used one . A car with a CPO which has low miles and titled .

Thank you Goommbbaaa. Rep 4 u
 
Old Apr 29, 2009 | 12:09 PM
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Is there a place to find invoice price? KBB doesn't show it.
 
Old Apr 29, 2009 | 12:10 PM
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Disregard, found it on Edmunds.
 
Old Apr 29, 2009 | 12:38 PM
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Ok, so this is what I heard back.

The car stickered for $92+ and they are letting go just below invoice ($79,900; invoice according to them was $80,408). I definitely am getting hit on the trade-ins ($31k for the Cayman S and $50k for the RRS). I told him that they're at LEAST $5k off + customization goodies on the 911. Assuming they could do that, they would cut me a check for $7100.

They are motivated to close the deal this month (tomorrow) and I have no urgency to buy so it's one small thing I have going for me. I know the trade-in prices for both of my vehicles will continue to drop but as mentioned earlier in the thread - I would have to take the hit for an '08 depreciation which I wouldn't prefer to do.

Thoughts?
 
Old Apr 29, 2009 | 01:06 PM
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Originally Posted by Nthusiast
Ok, so this is what I heard back.

The car stickered for $92+ and they are letting go just below invoice ($79,900; invoice according to them was $80,408). I definitely am getting hit on the trade-ins ($31k for the Cayman S and $50k for the RRS). I told him that they're at LEAST $5k off + customization goodies on the 911. Assuming they could do that, they would cut me a check for $7100.

They are motivated to close the deal this month (tomorrow) and I have no urgency to buy so it's one small thing I have going for me. I know the trade-in prices for both of my vehicles will continue to drop but as mentioned earlier in the thread - I would have to take the hit for an '08 depreciation which I wouldn't prefer to do.

Thoughts?
Local or out of town?
 
Old Apr 29, 2009 | 02:52 PM
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You've already got the best advice you are going to get in the preceding posts, so this is for the younger guys: a dealer will always deal, and the transaction gets more convoluted when you have a trade. Basic rule is you can get high wholesale + for yours against MSRP; you beat him down on the price of the new and your trade's 'worth' will drop the same - so obviously ALWAYS financially better to go through the BS and sell it yourself if you have the time, etc. Second thing; a good salesman ALWAYS gives you a reason to buy today -end of week, end of month, end of quarter, inventory tax or floor plan interest coming due, rebate or cheap financing going to end, new models coming in, the owner is getting a divorce, etc., etc. It's generally all crap and the few times it isn't it won't amount to more than 1-2%. In just the past 3 months there are at least 50 threads and 1000 posts on this buying/selling/trading topic on this forum alone. If a person reads them and cuts through the hopes and baloney and out and out lies the singular correct answer is you will be in the best position if you know the true value of what you have and what you want.
 
Old Apr 29, 2009 | 04:04 PM
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Find a 100K new car and offer them your two cars even key swap . In fact if it were me I would aim for a 07 used Turbo if you want a used car but an 09 997S would work too.

That 79K 08 car is overpriced as the minute you drive one mile its a used one year old car .Trade it in and they will offer you 60 k next week . They are not giving you any bargains or doing you any favors.

Anytrime a dealership cuts you a check thats a red flag .

Verdict --No deal !! Tell them to keep their 08 and let it collect dust on their lot for another year . IMO --they are revealing some greed.
 
Old Apr 29, 2009 | 04:29 PM
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Thanks larry. Great advice. I was a little skeptical after seeing 4s for the 79k with no haggle. Jim I think u gotta push 4 a 09 or settle on a 07turbo. Thats a real tuff choice. I think after you drive a turbo and rearrange your face from the torque, u will lean towards turbo. Of course IMHO
 
Old Apr 30, 2009 | 05:05 AM
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Thanks for all of the input guys. I agree with all of the posts - I don't think this is a great deal at all. I am worried about the depreciation of the '08 (especially because it's already a year old) and to be honest - didn't have the lust factor for this specific car.

so, it's no deal.

Again, thanks for the input. Although there are weekly posts like this it does help the buyer to do a sanity check with others to see if he's in the right ballpark (especially considering the dollars involved).

thanks again.
 
Old May 18, 2009 | 12:13 AM
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Not to dig up an old thread but got a question for the experts that is somewhat related and needed some advice on what's going on with the following and what would make sense.

2008 "New" 997S at an authorized Porsche dealership. Car has 100 miles on it. Warranty on the car started back in September of 2008 (so the factory warranty on the car will expire in September of 2012). I believe this is what is known as a car that has been "punched".

So they can list the car as "New" since it's never been titled but would the price be closer to a "Used" car? In other words, would the selling price be closer to what KBB states under a Used 2008 with 100 miles?

Any thoughts or ideas?

Thanks.
 
Old May 18, 2009 | 12:37 AM
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As soon as a car has been titled, it drops 10k. If it hasn't been titled, no drop. That's my understanding, anyway.

J
 

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