Invoice/Retail | FerrariChat

Invoice/Retail

Discussion in 'Porsche' started by 96redLT4, May 16, 2010.

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  1. 96redLT4

    96redLT4 Formula Junior

    Feb 20, 2009
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    California
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    Jim
    Does anyone know the markup from invoice to retail for P-cars?. BMW I think is about 10%. I looked it up on Edmunds or KBB and they said they were not 'provided' this info by Porsche. I am looking at a 2010tt new and was offered 4K off sticker. Is this a good deal?? Not many of these cars (tt coupes) avail for this model yr. Thanks.
    Jim
     
  2. PhilNotHill

    PhilNotHill Two Time F1 World Champ
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    Jul 3, 2006
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    FelipeNotMassa
    When I did the numbers on the Boxster S it was 11.9% average with all the options it wanted. The options may vary 1% (probably a rounding error). Did I use Kelly Blue Book or Edmunds? Cannot remember now.

    Hope this helps.
     
  3. 96redLT4

    96redLT4 Formula Junior

    Feb 20, 2009
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    Jim
    Thanks Phil. I figured it was between 10-15%
    Jim
     
  4. Kds

    Kds F1 World Champ

    #4 Kds, May 17, 2010
    Last edited: May 17, 2010
    12% on paper and a 3% "hidden" service hold back..........options are around 15%........rebates in effect at the time of sale not counting.

    Is $4K off a good deal on a 2010 997TT ? Depends on your "schwing"......local market, and dealer allocation.
     
  5. 96redLT4

    96redLT4 Formula Junior

    Feb 20, 2009
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    Jim
    Thanks for the reply Kds. Sounds like 4K off a 153K sticker isn't such a steal after all. Supply here very limited though. This is for a 2010 and supposedly the 2011 tt/S will be here in about a mth, but all so far are spoken for.
    J
     
  6. Kds

    Kds F1 World Champ

    #6 Kds, May 18, 2010
    Last edited: May 18, 2010
    Jim......

    The fact that they "are" discounting new Turbos today says a lot. And once the few ballers who pay MSRP for the first "S" are gone, they'll drop those as well.

    I used to be the sales manager for a P-dealer for 4 years.....all PCNA cares about is that you turn the inventory when times are tough. Go in and offer them half of their margin on the car that you want.......if it is on the ground costing them interest you'll probably get it.....if it is a factory order you're doing with paint to sample, lots of "Porsche Exclusiv" leather options, etc, they'll be even more agreeable I think, as they have more room to work with.

    Personally though, I'd never buy a new Porsche Turbo if I was so inclined, unless I really, really, wanted to custom order one. I'd wait 18 months, then grab a used one with <10Kmiles and save $30K +/-.....
     
  7. photonut

    photonut F1 Rookie
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    Nov 16, 2007
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    i have purchased many p cars. i would buy a car only if the dealer gives at least a 10% discount on a current model. 20% discount for last year's model (new vehicle with full warranty).
     
  8. technom3

    technom3 F1 World Champ
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    BMW is about 7%

    only dealerships who have an extremely high volume coupled with high CSi, specific sales targets met, inventory turn etc.... etc... are awarded what they call 3% money at the end of the year. The target to get this is always a moving target and dealerships do not really "operate" out of the 3% because its no guarantee
     
  9. 96redLT4

    96redLT4 Formula Junior

    Feb 20, 2009
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    Jim
    All good feedback. Thank you. It seems that there is an unpredictability even for the dealers eg what kind of kickbacks we'll get, how many build slots, the production run is finished for the year, whoops here is another car we didn't know we would get etc. I have heard it all over the yrs. If builders like Porsche would just make it easy to say build it and get it to me with a small predictable discount within 45-60 days ala any other manufacturer I think they would sell more cars. So many games.....
    J
     
  10. PhilNotHill

    PhilNotHill Two Time F1 World Champ
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    Jul 3, 2006
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    Take advantage of the 1.9% financing. That's worth at least 2% and more if you are a savvy investor.
     
  11. technom3

    technom3 F1 World Champ
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    Mar 29, 2007
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    Also, porsche is about 10% as well in typical markup. Everything else is incentives/rebates. The markup will never change. Its all the little crap porsche gives its dealers durning certain months to help move a particular model. IF boxsters start circling the lot... guess what... 2500 rebate or special lease incentive etc... if 911s start to do it.. 4500 off etc... Its the car business... its just the way it works. Get the car for as close as invoice as you can and then when the car shows up, if a killer rebate shows up tell them you want that too or they are stuck with the car you ordered. Because if they don't give it to you they are just being greedy.... Because in there original deal they were making money, and then when the car shows up with extra incentive, then they get more money. However, if you are ordering a car sometimes incentives only are on cars that are in stock or cars you take delivery by XXXXX date.

    In the end, pay the price that makes you happy. Thats why you are buying the car. If you could get a 911 turbo brand new for 75k and the dealer was making 74k it shouldn't matter... you are getting a great car for a great price.
     

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