pitt911

the current car market is strange at the present time , and some cars are in high demand more than others and thus the prices have crept up
same situation applies to watches. I stopped at local Rolex shop two days ago , and for the most part had nothing to sell.
also I hear from some friends that ammo is in short supply and pricing has quadrupled on some variants
so Porsche has nothing to do with this

.2PDK

You should be banned for that recommendation...

Z3papa

There are over a 100 cars with less than 20k miles on one site. Either the OP is lazy or wants someone to hand deliver the deal for him. I bought a 18 BGTS with CPO for $70k a few months back and that wasn't the best deal out there.

Max718-19

No wenti as said in Asia. I see Boxster 718s 1 and 2 yrs old $50k I NC. I am looking for a Caymen or 911 as a daily and track car. New are sitting about 70k. If you want a deal from Porsche it may be your 2nd or 3rd. The Z and Boxster are 2 very different vehicles. I started looking at Z4s, stumbled into a Boxster, saved 2 more years and ordered my Boxie S. 6 speed manual is must have for me. Heel to toe shifting on B roads is the best way to unwind from a hard day. Enjoy the Z4. Friends with Supra’s love them.

Z3papa

OK I agree the Boxster S and Zr are completely different considerations. Yes I considered a Z4 but have come from multiple BMW car ownership from daily driven 335's, X5, X3, X1, Z3 prepped all the way to full dedicated track/race, to my E92 M3 ZCP. All of the cars were great for a time. When you ever strayed outside of warranty, built in obsolescence (water pumps/entire cooling systems, critical bearing shells, subframes, every conceivable weird gasket (don't get me started at the oil filter housing gasket) etc. all started failing at rates which are alarming and hugely expensive often $2000, $4000, $6000, you name it. Some of the items have no business failing, but they wanted the BMW fan boy owners to just suck it up, or sell their car 4-5 years in onto the secondary market. Some of the repairs were so overpriced, I literally told SA's I'd push my wife's ****ing 4500# X5 across the street to replace a half-shaft (a 1.5 hour job with $500 in parts) on a Saturday morning when their sales business would be affected, just to raise awareness of how back they'd screw you post warranty on a repair they quoted for $3k. They knew I'd do it since they were consulting me on testy Z3 repairs. They lost me when they guessed at $5k of repairs on throttle actuators, sensors, and a bunch of other parts which never resolved the issue.

GregWormald

Long term statistics show the higher end of consumer goods always does well in tough times. High price watches, stereo systems, cars, etc. are pretty well insulated from depressions/recessions.

CampbellAG

"It seems that lots of people want to play the market, to try to time it so they get the best deal. Then they end up waiting & waiting & waiting, wasting time and complaining about how they can't find the right car at the right price, all to save (let's say) $2000 on an $80K car. To me the reality is that when you find the car you really want and if you can afford it, then you should buy it and drive it."

Agree. I bought my new 718 Cayman in mid-2019 because I wanted it and could afford it, not because it was the best killer deal ever. Did I spend a grand or two too much? Maybe. Did I get a great deal? I think so. I came home today after an hour long drive and told my wife, "God I love that car." YRMV

CaymanMatt

We ordered our Cayman S in 2018 and didn't even haggle. It's like "this is what we want, let's get it." It turned out the dealer couldn't get an S so we ended up in a GTS with the dealer giving us a 6% reduction from MSRP. Could we have paid less? I'm sure. Do I care? No. We've been driving Iris now for 3 years and love every minute. The price was worth it.

Treemagnet

We found our CPO for an acceptable price. Yes, the car was devoid of two features (PTV and PSE) we (I) really wanted. At the end of the day, we weren't getting younger and we didn't know how much PTV or PSE would impact the final product, so we had it delivered. Great move! I grin ear to ear while behind the wheel. Tracking this car is effectively idiot proof and an absolute gas...most fun I've had since retirement...time definitely not wasted!

IMHO find what you want within budget, negotiate an acceptable price point, then put your money where your heart is. Life is far too short to worry about whether money was left on the table. Similar to casinos (the house always wins) auto dealers must also profit to stay in business.

fantom

I want to get a Lamborghini Aventador Coupe, but the dealer played hard ball and wouldn't discount at all. I can't afford what I want. What's up with that kind of marketing. I'm fed up with Lamborghini pricing policy.

Not ranting or complaining....just observing.

Pointbye

You already sound like a BMW owner. Seems like a perfect fit!

David Borden

You make some good points... Im a dealer and the bottom line is any dealer worth his salt knows the market far better than the general public. If I have a car that is in high demand, lets sat a Cayman GTS, or Cayman S with Sport Chrono and PASM, I am not going to discount the car unless I have had it for well over 30 days and probably longer. If priced fairly, most dealers will not discount a car in high demand much, if at all, until they are past 60 days in inventory. They know it can take a while to find the right buyer and when they come along they will pay a fair price. Now a base, or S with no Sports Chrono, or other must have options, that may be a different story.

While I have access to several wholesale sources, I ended up buying a car from a Mercedes dealer for asking down in LA because after months of looking, nothing turned up and the car I found (2017 Cayman S, Agate Gray, Sport Chrono, 14 way seats etc. ) was a decent buy. This was at the very end of 2019. Currently, 718 Cayman S and GTS prices are higher by $2-5k compared to when I purchase at the end of 2019. Base prices are down just a bit.

c1pher

Just remember, you over paid for the BMW too and BMWs deprecate like crazy. Porsches are highly desirable and tend to hold value better. I bought my 17 CPO Boxster with 1700 miles for $54k. I traded it in for $45k after 24 months. Pretty sure the dealer sold it for over $50k because it was listed for $55k and it was gone after three weeks and had 22k miles.

William Meyer

If this is true, why do I see BMW leases with Residual values in the high 50% range while Porsche lease residuals are usually lower? I think this is the issue the OP is encountering with his Porsche lease. BMW heavy incentivizes their leases through inflated residuals while Porsche and AUDI seem to do the exact opposite. Porsche leases are very high for this very reason, hence not considered good vehicles to lease. BMW makes their money on the inflated money factors as well. You are basically paying more interest and less principle every month to the point the BMW is almost never worth the residual value at the end of the lease while the Porsche probably is worth more.

AlexCeres

financing costs vary world wide, but in the States the interest rates and credit availability makes the current (and historical) Porsche lease terms pretty terrible for most people. OP seems kinda focused on the monthly payment number instead of the overall cost. BMW incentivizes their leases they're going to do a lot better on the monthly regardless of the car or its total ownership cost.

the M5 is a fine daily. The BMW driving experience is quite different. If you're cross shopping with a Cayman instead of a Carrera or Panamera I'd suggest you just haven't spent enough time thinking about what you're really trying to buy. Mistakes abound when you don't know yourself. Or test drive your (pre) purchases.