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Why hasn't this sold? - GTS
Welcome to another episode of Why hasn't his sold...
I was wondering with all the talk of GTS cars being limited, low allocation and dealers not willing to sell for anything less than msrp. Why hasn't this GTS Sold? Is it the 6k miles? Asking: $119,995.00 https://cimg3.ibsrv.net/gimg/rennlis...4b88d0e343.jpg https://cimg8.ibsrv.net/gimg/rennlis...5d4414ad53.png http://www.porschewestbroward.com/de...-17322878.html |
The price is not attractive.
For someone who has 115K to buy a car with some options which might not be in his interest he will go for a new one with 125K. It is only 15% below MSRP. It is a second hand sports car therefore when the price will go 25% less than MSRP it will be sold. I am in exactly the same position. I can buy a light used car like this with 23% bellow MSRP but I can order the car I want and wait for 5 months with a discount 13%. As soon as my dealer give me 15% discount I will order to car. Dealers I believe they have profit up to 40% for a normal opted car. |
Originally Posted by nilaz
(Post 14793161)
The price is not attractive.
For someone who has 115K to buy a car with some options which might not be in his interest he will go for a new one with 125K. It is only 15% below MSRP. It is a second hand sports car therefore when the price will go 25% less than MSRP it will be sold. I am in exactly the same position. I can buy a light used car like this with 23% bellow MSRP but I can order the car I want and wait for 5 months with a discount 13%. As soon as my dealer give me 15% discount I will order to car. Dealers I believe they have profit up to 40% for a normal opted car. |
Originally Posted by ducstar
(Post 14793166)
How are you getting 13% off a custom factory order?
If I will not achieve my target I will not buy now. I believe in 6 months from now 991.2 prices will drop another 5-8% as 992 will be announced and everyone will focus on the new model. To save 5K is not my point. My point is that as I fully respect my customers whenever they spend their money to my business I have the same expectation when I enter a dealer with 130K cash. If they will not try to get these money and show respect someone else will get the cash. |
Originally Posted by nilaz
(Post 14793285)
I pay cash without any bank intermediate and I have set my target and I will never step back.
If I will not achieve my target I will not buy now. I believe in 6 months from now 991.2 prices will drop another 5-8% as 992 will be announced and everyone will focus on the new model. To save 5K is not my point. My point is that as I fully respect my customers whenever they spend their money to my business I have the same expectation when I enter a dealer with 130K cash. If they will not try to get these money and show respect someone else will get the cash. |
Originally Posted by gellie
(Post 14793422)
My experience has always been poor when offering to pay cash. The dealers make big $$$ on financing and trade in's. contrary to popular belief , cash is not king.
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That is correct, dealers prefer financing vs cash as they get a big kickback from it, so cash doesn’t help you in price negotiation. As for GTS pricing, while 992 will come out soon, you will not have a GTS allocation for 992 before 2022, and since they know it they will not get over 8% on a new car that will not be available to order in the next 4 years. So if you are set on a GTS, and you want a new one, don’t save these extra 5K and get it, cause if you don’t, you will not see an allocation for it until 2022. |
Dealers absolutely do not have 40% in a new car. That's the funniest thing I have read in a very long time.
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Originally Posted by C.J. Ichiban
(Post 14793554)
Dealers absolutely do not have 40% in a new car. That's the funniest thing I have read in a very long time.
In any case is not my business therefore not my interest how much is the dealer profit. My interest is to buy whatever I want to buy and feel confident. |
1. The mileage
2. The color 3. Buyers have really moved to the custom spec end of buying a 911. Seems to be more the case with .2 4. 911 sales aren't exactly record breaking now. Add some more stock market drama, they will tank. |
Originally Posted by nilaz
(Post 14793594)
Probably not in Porsche but I am sure for every car in the range of 150K the profit is around 45K.
In any case is not my business therefore not my interest how much is the dealer profit. My interest is to buy whatever I want to buy and feel confident. |
The manufacturer may have 40% (or more) profit in the car - at their invoice price to the dealer. They have massive overheads beyond the material & service costs of assembly. Dealers have somewhere between 10% - 15% at MSRP depending on factory holdbacks and SPIFs. They have significant overheads to cover as well. Honestly, I've found most dealers to be pretty fair if you are.
Demanding a 15% discount for a factory order is not a fair offer. Nor is it likely to be accepted anywhere. Just my 10 bits. |
Btw the 10% figure is the only guaranteed part. Anything extra in regards to % vs msrp for a dealer is earned at year end through enrollment in programs or performance (CSI Type stuff)
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Originally Posted by nilaz
Probably not in Porsche but I am sure for every car in the range of 150K the profit is around 45K.
In any case is not my business therefore not my interest how much is the dealer profit. My interest is to buy whatever I want to buy and feel confident. On a 150k car a dealer will actually profit about 5k. That's after paying the sales person, taxes, and that car's share of the bills. |
Originally Posted by nilaz
(Post 14793594)
Probably not in Porsche but I am sure for every car in the range of 150K the profit is around 45K.
In any case is not my business therefore not my interest how much is the dealer profit. My interest is to buy whatever I want to buy and feel confident. |
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