Notices
991 2012-2019
Sponsored by:
Sponsored by:

2019 demo value ?

Thread Tools
 
Search this Thread
 
Old 08-30-2019, 08:42 AM
  #1  
bah212
Advanced
Thread Starter
 
bah212's Avatar
 
Join Date: Jul 2010
Posts: 72
Received 4 Likes on 4 Posts
Default 2019 demo value ?

I’m looking at a 2019 MT Guards red C2 demo with 200 miles and would appreciate any insight as to what the right offer might be.
It is about as base a 911 as you can get with only options being sunroof and heated seats. MSRP of $95K. Warranty was punched in May and it is not CPO’d. Ask price is $85K.
Many thanks.

Old 08-30-2019, 09:39 AM
  #2  
LexVan
Banned
 
LexVan's Avatar
 
Join Date: Jan 2013
Location: Chicagoland Area
Posts: 26,141
Likes: 0
Received 5,410 Likes on 2,516 Posts
Default

Offer $78 and see what they say. Then counter at $81 and they include the CPO.
Old 08-30-2019, 10:37 AM
  #3  
Bob Z.
Rennlist Member
 
Bob Z.'s Avatar
 
Join Date: Jul 2001
Location: Marineland FL
Posts: 12,528
Likes: 0
Received 3,455 Likes on 2,359 Posts
Default

Man, that car is basically new other than a few months less of warranty. If you like the car do what Lex says but settle on full price with CPO. Don't be one of the people here that report back the car they were looking at sold to someone else.
The following users liked this post:
MOWE (08-30-2019)
Old 08-30-2019, 11:19 AM
  #4  
Aatish
Rennlist Member
 
Aatish's Avatar
 
Join Date: Apr 2018
Location: BOS/LGA/ORD
Posts: 691
Received 86 Likes on 56 Posts
Default

They have 20% to play with from MSRP. Agree with Lex, 78k would be my number to hit + 3k for CPO. 83k would be my ceiling.
Old 08-30-2019, 03:39 PM
  #5  
LexVan
Banned
 
LexVan's Avatar
 
Join Date: Jan 2013
Location: Chicagoland Area
Posts: 26,141
Likes: 0
Received 5,410 Likes on 2,516 Posts
Default

Hopefully you can do this deal in person. They need to realize you have walking power. Go in with your lucky pen and checkbook.

You have a lot of leverage. You're ready to buy today. It's a base 911. The driving season is coming to and end in about two months. The warranty has started. It's a manual in a polar color. And the 992 is rolling into town. Tick-tock tick-tock.
The following users liked this post:
bah212 (08-30-2019)
Old 08-30-2019, 03:44 PM
  #6  
bah212
Advanced
Thread Starter
 
bah212's Avatar
 
Join Date: Jul 2010
Posts: 72
Received 4 Likes on 4 Posts
Default

Thanks to all for the advice. My plan is exactly as suggested above.
Best
Old 08-30-2019, 03:51 PM
  #7  
LexVan
Banned
 
LexVan's Avatar
 
Join Date: Jan 2013
Location: Chicagoland Area
Posts: 26,141
Likes: 0
Received 5,410 Likes on 2,516 Posts
Default

And being a MT, in Guards Red, are all pluses to me, but they don't need to know that. Make them squirm.
Old 08-30-2019, 11:49 PM
  #8  
CayenneBlack
Racer
 
CayenneBlack's Avatar
 
Join Date: Dec 2014
Posts: 296
Received 93 Likes on 50 Posts
Default

Originally Posted by Aatish
They have 20% to play with from MSRP. Agree with Lex, 78k would be my number to hit + 3k for CPO. 83k would be my ceiling.

Aatish, how do you know they have 20% room to play with. Also, in which situations does this 20% apply (demo, used?, other?)
Old 08-30-2019, 11:55 PM
  #9  
Bob Z.
Rennlist Member
 
Bob Z.'s Avatar
 
Join Date: Jul 2001
Location: Marineland FL
Posts: 12,528
Likes: 0
Received 3,455 Likes on 2,359 Posts
Default

I know when the warranty was punched but do you know how long the car has been for sale?
Old 08-31-2019, 01:19 AM
  #10  
Aatish
Rennlist Member
 
Aatish's Avatar
 
Join Date: Apr 2018
Location: BOS/LGA/ORD
Posts: 691
Received 86 Likes on 56 Posts
Default

Originally Posted by CayenneBlack
Aatish, how do you know they have 20% room to play with. Also, in which situations does this 20% apply (demo, used?, other?)
New, fresh off the boat car has a roughly 7.5% margin for the dealer. If it's a demo that's being offered as a CPO, dealer must punch the title to have it be labeled a "used" vehicle. Porsche advocates this to help move the car, and gives dealer an incentive (That's usually ~10% - 12% in value relative to car).

My car had a 109k sticker and sat on the lot for around 6.5 months. It was 1 of 3 similar spec cars the dealer had that wouldn't move (991.2 Base, black/black, non-sc, non-pse, bose, premium package).
I was able to get it for 89k (around 20%) + 3k for the CPO.
Old 08-31-2019, 02:11 AM
  #11  
Cuda911
Race Director
 
Cuda911's Avatar
 
Join Date: Jun 2013
Location: Oceanside/Vista (N. San Diego County), CA
Posts: 11,331
Received 456 Likes on 295 Posts
Default

Originally Posted by LexVan
Hopefully you can do this deal in person. They need to realize you have walking power. Go in with your lucky pen and checkbook.

You have a lot of leverage. You're ready to buy today. It's a base 911. The driving season is coming to and end in about two months. The warranty has started. It's a manual in a polar color. And the 992 is rolling into town. Tick-tock tick-tock.
Agree with all of this. Use it to your advantage.
Old 08-31-2019, 09:58 AM
  #12  
CayenneBlack
Racer
 
CayenneBlack's Avatar
 
Join Date: Dec 2014
Posts: 296
Received 93 Likes on 50 Posts
Default

Originally Posted by Aatish
New, fresh off the boat car has a roughly 7.5% margin for the dealer. If it's a demo that's being offered as a CPO, dealer must punch the title to have it be labeled a "used" vehicle. Porsche advocates this to help move the car, and gives dealer an incentive (That's usually ~10% - 12% in value relative to car).

My car had a 109k sticker and sat on the lot for around 6.5 months. It was 1 of 3 similar spec cars the dealer had that wouldn't move (991.2 Base, black/black, non-sc, non-pse, bose, premium package).
I was able to get it for 89k (around 20%) + 3k for the CPO.

Very informative. Thanks.

OP let us know what you get it for.
Old 08-31-2019, 11:12 AM
  #13  
Thinc2
Pro
 
Thinc2's Avatar
 
Join Date: Jul 2016
Location: Bellevue, WA
Posts: 544
Received 188 Likes on 110 Posts
Default

$85K doesn't sound like a bad deal to me. Car is basically new (I don't think 200 miles of demo is a big deal). Not sure why you'd need CPO if the warranty was punched in May.

Pretty rare that you could find a current year car at that price. If it's a car you like, a 2019 911 for $85K is a good deal. I wouldn't walk away over a couple of thousand dollars, because if you don't buy this one, you'll almost certainly end up spending more, or buying a car that's older and has more miles (but higher spec).
Old 08-31-2019, 11:54 AM
  #14  
subshooter
Rennlist Member
 
subshooter's Avatar
 
Join Date: Jan 2016
Location: New Orleans, LA (NOLA)
Posts: 5,217
Received 2,248 Likes on 1,029 Posts
Default

I think 85k is a fantastic deal. That's 10.5% off for basically a new car.

I'd take it.
Old 08-31-2019, 03:46 PM
  #15  
PJ Cayenne
Rennlist Member
 
PJ Cayenne's Avatar
 
Join Date: Dec 2013
Location: Connecticut
Posts: 1,668
Received 304 Likes on 183 Posts
Default

Originally Posted by Thinc2
$85K doesn't sound like a bad deal to me. Car is basically new (I don't think 200 miles of demo is a big deal). Not sure why you'd need CPO if the warranty was punched in May.

Pretty rare that you could find a current year car at that price. If it's a car you like, a 2019 911 for $85K is a good deal. I wouldn't walk away over a couple of thousand dollars, because if you don't buy this one, you'll almost certainly end up spending more, or buying a car that's older and has more miles (but higher spec).
And the 2020 base starts at 98k, PDK only for now. You'll never touch a nearly new C2 for that amount. If the OP likes it, he should jump on it.


Quick Reply: 2019 demo value ?



All times are GMT -3. The time now is 10:20 AM.