Dalema

Hi. Anyone maybe with inside knowledge know when trunk money would be available to dealers on 2014 models? Is there anyway to know whether a car has trunk money attached?

Also, if the warranty has been punched what screen shot from the dealer should one ask for to show the start date?

Finally, is there a way to search all US dealer new inventory online (like you can for used) - or can only a dealer do that for you?

Thanks!

Z356

I asked last week my local dealer. According to them, PCNA has not told them yet. Last year I believe the trunk money was very little...$5K for any left-over unsold MY2013 991*. I doubt this year it will be any more than that...if even that much for not-yet-sold MY2014's 991s! But then again, the unsold MY2014 991 inventory at US dealers seem to me a bit high this late in the 'game'. Cars.com lists just over 1000 MY2014 991's 'new' for sale as of today...if I am reading their website correctly. That is a big number for this date (August 24th). Especially when you consider that MY2015 991's started to be built at Zuffenhausen on the first week of June! Many MY2015 991's have already started arriving at US dealerships!

As you know, to get the trunk money, the dealer has to mark the car as 'sold' for corporate reporting purposes and punch the warranty 'in service' date on the vehicle. Most dealers are quite frank about it...if you ask them directly which vehicle has been punched! Usually happens in September or October at the latest! You would expect no less with our consumer protection laws. You can normally assume that the dealer will take the trunk money as soon as it's offered by PCNA...to facilitate the sale of the vehicle ASAP.

But most salesman hate to talk about 'trunk money'. And the thought of sharing 'trunk money' with a customer is an even harder concept for them to grasp...truly an anathema. Best to avoid talking about it with a salesman and go directly to GM or Sales Manager to get these deals done. They are more sanguine about the realities of what needs to be accomplished...which is to heavily discount the cars if you want them sold this late in the model year! Sadly, you can't believe how many 'new' left-over MY2013 991's are still at US dealers unsold. That is because that dealer's management team failed to pay heed to the memo which told them 'Sell the damn left-overs, stupid! It's a depreciating asset. Leases become un-economical on leftovers. Take your losses early and move on!' By the way, I am the guy that usually sends out that memo...

Keep us posted when you find out more details. Inquiring minds want to know.

Saludos,
Eduardo
Portland, OR


* The high point of 'trunk money' from Porsche probably was in the Fall of 2009. I remember some juicy trunk money deals (invoice minus almost all of the PCNA Trunk money), which sometimes added up to $20K under invoice deals on some .2 997's (e.g. '09 'Meteor Grey' Launch Edition 4S Coupes with PDK & Sport Bucket Seats).
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Keadog

Eduardo, I think that's the first picture I have seen of the inside of one of your cars!

MJBird993

I have a BMW salesman who is very up-front with me on things like trunk money. I think I could trust my Porsche salesman to do the same if I were buying off of the lot. So the short answer is, find a good salesman!

To the second question: when I bought my Panamera S a few years ago, it had been punched about 6 months before I bought it and no one told me. I was a bit P.O.'d when I found out - except that I found out because they had tagged it as a "sales demo" because people did test drive it (it had about 80 miles on it) and so I got an extra year of factory Porsche official real warranty on it, so I came out ahead 6 months. Well... not me, the second owner, since I got rid of it a year later.

So, if you're not sure, just take the VIN over to the service department and ask them.

Dalema

Thanks Eduardo. I'm starting to reach out to my local dealers - it is hard to tell exactly what a dealer has in stock for new cars as it's quite often out of date.

Does appear to be a glut of 2014s in the LA area so will likely expand to that area also. In today's age of information though the search area really is country wide.

P.S. I'm in the market for a C2S 2014 or 13 (and even toying with the idea of a cab). Open invitation for folks to reach out to me

We'll see what I can find, my other consideration is to wait until mid next year to pick up a CPO - figuring the impact of the .2 facelift (thanks for that info also Eduardo) and a swath of lease returns may put a lot of price pressure on the used market. But that would require self restraint!

fast1

P.S. I'm in the market for a C2S 2014 or 13

It would have to be one hell of a dscount to get me interested in a 2013. If you check out the auction prices of low mileage 2013s you'll understand my caution.
Back in the summer of 2012 I almost bought a 2011 997S which stickered for about $105K, and had less than 100 miles on the odometer. The car was punched about six months prior to my negotiations. I offered $85K but the sales manager was firm at $88K. That car remained on the lot another four months before it was sold, and the dealership advertised it for $90K.

Z356

There are some interesting deals on left-over MY2013's. For example, this dealer in Colorado has a seemingly new MY2013 991S Cabriolet listed as 'used' with 254 miles. The MSRP appears to be over $137K:

911 Carrera S Cabriolet 110,800.00 USD
Z4 Basalt Black Metallic 710.00 USD
NG Carrera Red natural lthr int 5,200.00 USD
1V Cabriolet Roof in Black 0.00 USD
176 Sport Exhaust System 2,950.00 USD
250 Porsche Doppelkupplung (PDK) 4,080.00 USD
427 20-inch Carrera Classic wheel 1,170.00 USD
640 Sport Chrono Package 2,370.00 USD
658 Power Steering Plus 270.00 USD
844 Multi-function steering wheel 615.00 USD
998 Natural leather interior 0.00 USD
P06 Power Sport Seats (14-way) 2,320.00 USD
P37 BOSE® Audio Package 2,420.00 USD
P39 Prem Pkg Plus w 14-way seats 2,330.00 USD
UN1 Online Services 210.00 USD

They presently have it advertised on their website at $120K. But it has been offered to me for a lot less! If of any interest, email me via Rennlist so that I can put you in touch with my contact there directly! Someone could find this deal very attractive...! I have no affiliation with this, or any other, dealer.

http://colorado-springs.porschedeale...00464/info.php

Saludos,
Eduardo
Portland, OR

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magicspot

http://porscheoffarmingtonhills.com/...01024/info.php

I havent called them but Im curious. Its pretty close to the spec Im looking for.

pitt911

Hi magicspot
i did not negotiate on this car, but i negotiated with that dealer in june about a 2013 carrera s on the lot, they were willing to give around 21 k off that one , but i did not buy, as it was MT and i was leaning more towards PDK which i ended getting in my 2014 carrera s. I felt they were decent to deal with and at that time i had a trade in 2014 gtr and they were fair with their offer on that car.
hope this will help
though ask about mileage , the one i was looking at had 330 miles and it was punched in september last year

magicspot

hey pitt,

thanks for the feedback. do you remember the original msrp on the vehicle you were looking at?

pitt911

121 k they were willing to do 100 k

Dalema

What do you use as your source for auction prices?

On the topic of 2013s - is it completely flawed logic that if lease residuals for that model on a 2 year lease is 66%, that a late 2012 production that stickered at $135K should be going for around 2/3 of that now or $89K or less?

magicspot

This what I see for 2013 C4S Coupes

01/30/14 RIVRSIDE Regular $85,250 14,495 Below BLUE 6G Yes
04/22/14 TUCSON Regular $93,000 8,788 Avg 6G Yes
05/12/14 ORLANDO Regular $98,000 2,391 Above BLACK 6G 6 Yes
07/03/14 RIVRSIDE Regular $95,000 3,393 Avg BLACK 6G A Yes
07/23/14 ATLANTA Regular $92,500 3,551 Avg WHITE 6G A Yes
08/07/14 NEVADA Regular $95,000 4,792 Avg WHITE 6G A Yes

magicspot

btw thats manheim

Z356

The good folks at Porsche at Farmington Hills have this left-over MY2013 991 4S with a MSRP at $133K at $109K...a $24K discount to start with! You'll have to come to them with a 'cash-take-now & I'll wire-funds-to-you this-afternoon' low ball offer to see what they'll take for it. Compare this to the Manheim numbers of 'used' '13's (provided by Magic). Still, this is a new car vs a used car, but it's warranty was probably punched one year ago. So you are getting one year less...you can always negotiate a CPO, but that is going to cost minimun of $2400 to PCNA and probably $250/500 for the multi-point inspection by the Service Dept (the latter will charge the Sales Dept and someone will have to pay for it...you or them! PCNA get's paid for sure for its CPO,which is issued only by them after they get paid.

Everyone uses Manheim.

Keep this in mind.
a) Porsche Financial has a Maximum Residualized MSRP (called the MRM) that they will allow on any one particular model for leasing. It might be $120K on the C2S. Less on a base Carrera and higher on a C4S. I don't know exactly...I have never leased a Porsche. So you have to be aware of the MSRP vs the MRM on any given car to make an assumption on what residuals 'mean'.

b) Estimated residuals at start of a lease is nothing more than a bet the leasing arm of Porsche is making. It's sometimes very 'optimistic' in order to keep residuals high and the depreciation component of the leasing payment low...to help sell cars. So caveat lector.

c) The market determines ultimate value at any given time. So that is why Manheim numbers have more meaning for what you are trying to figure out that the lease residuals set originally by Porsche.

Saludos,
Eduardo
On my final day at the Hood Canal in WA