discount for ordered car vs car in lot
#17
thanks, perry. Now I just have to find dealers with the lowest inventory so I can get discounts on ordered car, and wait for that season. I think I am going to start looking around nov or dec to order my car for feb delivery.
#18
Racer
Originally Posted by perrys7342
None of the answers you got so far is correct. Perry (44 years Porsche ownership, early years in the Automobile business)
Not trying to argue Perry's points (all of which are right on), just offering another piece of advice that might help...
#20
Rennlist Member
Here's what I'd do. Write up on a sheet of paper the exact colors and options you want, then list the price you'd be willing to pay at the bottom along with a note that you want to place an order for the car in the event an identical one is not in inventory. Also write that your offer is final (including the destination charge) and you will buy from the first dealer that accepts your offer within the next 2 business days. Then address it to the sales manager and fax the sheet to every Porsche dealer within a reasonable distance.
One thing to think about regarding going out of state to find a dealer that will give you a better discount -- bear in mind that dealers make most of their profit from parts and service, not new car sales. They sell the new cars so that you'll come there for service and they make money off you that way.....an out of state dealer knows you won't likely ever come back for anything, so you may actually be better off with a local dealer who is motivated to get your service business.
One thing to think about regarding going out of state to find a dealer that will give you a better discount -- bear in mind that dealers make most of their profit from parts and service, not new car sales. They sell the new cars so that you'll come there for service and they make money off you that way.....an out of state dealer knows you won't likely ever come back for anything, so you may actually be better off with a local dealer who is motivated to get your service business.
#22
Originally Posted by gameson
I heard that in California, if you put a deposit on a car, technically if you change your mind, you can take the deposit back. is it true?
#23
Racer
Originally Posted by fast1
I believe that is true for every State. Deposits are refundable.
#24
Rennlist Member
Theory:
- As said before, cars that sit on dealers lots are somethmes already paid for by the dealer so there's a cost of capital associated with not selling the car
- Other variables as meeting end of month goals, or clearing inventory when the new model year is about to come can translate into strong incentives to sell cars on lots
- Porsche is the manufacturer with the biggest margins, both for the manufacturer and dealers
Practice (real life experience)
- I have only gotten a couple of thousand off from made to order Porsches
- After just 1-3 weeks of calling dealers in my area (NYC Tri-State) I have ALWAYS been able to get at least 10% off MSRP on cars sitting on dealers lots. Clearing model year inventory and meeting monthly target have played a part on this.
My advice is, that unless you want some pretty uncomon options, you will always find a car that's almost exactly like the one you will order sitting at some dealers lot. That's the beauty of mass-scale manufacturing and the challenge of matching supply and demand. Be patient and use it to your advantage.
- As said before, cars that sit on dealers lots are somethmes already paid for by the dealer so there's a cost of capital associated with not selling the car
- Other variables as meeting end of month goals, or clearing inventory when the new model year is about to come can translate into strong incentives to sell cars on lots
- Porsche is the manufacturer with the biggest margins, both for the manufacturer and dealers
Practice (real life experience)
- I have only gotten a couple of thousand off from made to order Porsches
- After just 1-3 weeks of calling dealers in my area (NYC Tri-State) I have ALWAYS been able to get at least 10% off MSRP on cars sitting on dealers lots. Clearing model year inventory and meeting monthly target have played a part on this.
My advice is, that unless you want some pretty uncomon options, you will always find a car that's almost exactly like the one you will order sitting at some dealers lot. That's the beauty of mass-scale manufacturing and the challenge of matching supply and demand. Be patient and use it to your advantage.