981 discounts
#16
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Dealer invoice is 88-89% of MSRP on MOST Porsches. In other words 11-12% below MSRP. There are some exceptions to that. This is what I learned a while back from the GM of a dealership that lost their Porsche franchise. He had no reason to tell me a lie at that point.
#17
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I just went to truecar.com which shows Invoice and MSRP, and it confirms that the sticker price is around 11% over invoice for a base 911 coupe without options. I didn't price options, but they typically have a higher margin.
#18
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#19
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10-12 % is actually one of the largest in the industry. My first hand experience is with BMW, our front end gross is only about 6.5 to 7.3 %. When I started over a decade ago, it was near 9%. Profit margin for the dealers are shrinking. Certain Japanese products, went from near 10% pre-tsunami, to about 5% post-tsunami, due to supply chain interruptions. The days of a "stealer" is just a bad cliche.
FYI, trucar.com is not a credible website for car shopping. Do a search on trucar and lawsuits. IMO trucar is after IPO money, by offering "over the top" and embellished info. They are yanking info off of dealer DMS system, with disregard of incentive and taxes stipulations.
FYI, trucar.com is not a credible website for car shopping. Do a search on trucar and lawsuits. IMO trucar is after IPO money, by offering "over the top" and embellished info. They are yanking info off of dealer DMS system, with disregard of incentive and taxes stipulations.
#20
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10-12 % is actually one of the largest in the industry. My first hand experience is with BMW, our front end gross is only about 6.5 to 7.3 %. When I started over a decade ago, it was near 9%. Profit margin for the dealers are shrinking. Certain Japanese products, went from near 10% pre-tsunami, to about 5% post-tsunami, due to supply chain interruptions. The days of a "stealer" is just a bad cliche.
FYI, trucar.com is not a credible website for car shopping. Do a search on trucar and lawsuits. IMO trucar is after IPO money, by offering "over the top" and embellished info. They are yanking info off of dealer DMS system, with disregard of incentive and taxes stipulations.
FYI, trucar.com is not a credible website for car shopping. Do a search on trucar and lawsuits. IMO trucar is after IPO money, by offering "over the top" and embellished info. They are yanking info off of dealer DMS system, with disregard of incentive and taxes stipulations.