dgjks6

So I'm in the process of maybe updates my 997 to a 992 and/or getting a BMW. Looking at CPO 911's they are all 10-20% above MSRP at 1-2 years old and CPO. That doesn't bother me if that is what everyone is doing. But, I have been looking for about 2 months and none - I mean none - of the cars - either the BMW 8 series or the 911's have moved off the lot. I really have not tried to negotiate a price because the dealers have said they don't negotiate.

Just wondering what everyone else's experience has been.

shrimp money

I watch my dealer's prices on 911s and 718s that they take in. I've always thought their asking was high, but they're moving them in less than 30 days.

zambien

It probably depends on your region and the builds but it is much more common lately for 992s to sell for original MSRP, or a hair over or under depending on the build. Take a look at the Atlanta region, zip code 30033, on the Porsche finder and you'll see what I mean. If 992s are sitting on lots and not selling I'd expect there to be room for negotiation. What area are you in?

Edit: changed "much more common" to "much more common lately"

dgjks6

Akron, Oh. But I have been looking nationwide. I look at the car fax and it usually tells you when the car was sold to the dealer.

I don't mind paying what the market price is. I just don't want to get screwed. The stuff I read says prices are up. The dealers are acting like they could care less. 18 months ago when I was looking, the cars seemed to be on the lot for less than a couple weeks at most. Seeing 992's sit for three months is new to me.

Ray K.

I'm seeing what Shrimp Money is seeing. "Reasonably" priced cars are moving. I'm glad to got mine when I did as there are very few manual C2S or C4S cars nationwide. I'm feeling better about my decision not to wait any longer for my allocation as the second price increase since my demand order was just announced.

remington

Dealer floor charges, the interest they pay for inventory, are much higher than in the low interest era, a car sitting 3 months is costing them thousands.

zambien

The prices for CPO 992s seem current/reasonable looking at the Porsche finder in that area up to 100 miles out. Prices have been headed down over the past few months. This time last year everything was well over original MSRP. If you are really serious about buying right now you might do well to fly out to a high-inventory location and buy there. Atlanta is one. I would imagine there are places on the west coast with a lot of inventory... Los Angeles has tons available.

raaizin

If you look at cargurus.com the site tells you the price history. There have been price drops mostly on the overly priced cars. If you are looking for a manual they seem to still be doing well.

dreamcar911

Check this out:
https://bringatrailer.com/listing/20...ra-s-coupe-12/

icanthelpit

BMW 8 Series are resale dogs. I had one that I traded for my ordered 992 GTS and it took the dealer 6 months to sell it after three lowered price adjustments. I was a BMW owner for 4 decades and they do not hold value nearly as good as 911's. 911 owner since 1985. Bought my first BMW in 1982.

Vicbastige

this fact is one reason why I think a great pre-trade goes a long way to getting an allocation. I know I pre-traded mine months before my new car was delivered so I essentially floor planned for the dealership at no cost to them. I can’t be the only one doing that.. Not always the case, but for those willing, it could help speed the allocation process a little bit I would think.

rgoldm2

also Porsche has raised the prices about 10% yesterday for new builds and around mid 22 prior. So if you tried to build that 2020-2022 car again, it’s probably 10-20% more due to price increases. My own car I took delivery of in nov1,2022 is now 11k(about 7-8%) more than I paid.

drcollie

You are now up against the overall Porsche AG Price increases, which have increased the resale value of any pre-owned 992 as a result, doubtful you will find any bargains anywhere. Additionally, the wait times for base 992 and 992 S are out to nearly two years now for an allocation that is good news for those of us that already own them, not so good for those looking to get into one. A rising tide lifts all boats.

For example, my 2021 Carrera S Cab stickered at $ 157.840 when I bought it in December 2020, right before Covid really hammered the prices and you could actually buy one off the showroom flor. I was able to get a $ 3K discount off it just because I was a prior client so $ 154,800 sale price.. If I built the same car today, it comes in at $ 176.260. In two models years the sticker price is up $ 20K and now there is a two year wait on top of that.. That makes my car, with 6,800 miles on it worth what I paid for it at the very least. On a trade in to a dealer, I would not take less than $ 150K. But there is nothing at Porsche other than an unobtanium Sport Classic that I would trade in on.

If I were in your situation, I would not shop any dealers. I would look for a private sale, move quickly on it and as all 992's are under warranty, not insist on a PPI because that's a headache for a seller. As long as its not been in an accident, you may get a private party seller to take a liking to you and work a better deal. If you want a 992 with CPO and blessed by the Dealer, you'll have to pony up these days, everyone knows the score.

aggie57

I suspect if we look back at the end of 992.1 production we’ll see that Porsche built and sold mainly base and S models in the 1st couple of years of production, then switched the higher margin GTS and T models later in the cycle. Least that’s what posts here read like, could be the data will show different of course but thats the impression I get.

CodyBigdog

Certainly, as new car prices go up, that also has a secondary (bump up) impact on those same models in the used car market. Contrary, as prices drop for new models, the used car also takes a hit. Look at used Tesla’s, for example…when Musk slashed prices on new models, the prices for several of Tesla’s used models dropped significantly. Significantly more than the average depreciation found for EV cars, in general (“Used electric cars costs fell 1.5% so far this year—but Teslas dropped 4.8%.”). 👍

Point being…as a current owner of a slightly used 992….I’m happy Porsche keeps upping the price.

https://www.autoweek.com/news/green-...mes-other-evs/