Dealer Pricing in Today's Market
#1
Dealer Pricing in Today's Market
Please forgive me if this is not the right place for this post, I am a new to Rennlist.
I am in the market for my first Porsche, and it will be a 911. I am in the market for a C2 Cabrio.
I was originally looking at a 996, but drove both a 996 and a 997, and I and leaning toward the 997. Like most people, I am on a budget, so that might force the decision between a 996 and a 997 for me.
I am very much inclined to buy a car with a warranty, whether one with the duration of the factory warranty or a CPO car.
I have seen a few (not many) CPO cars offerred by dealers that were at KBB trade in value.
What I am wondering is whether this board knows how hungry the Porsche dealers are right now. I was on a lot over the weekend hemming and hahing about a 2004 C2 Cabrio (non CPO) with 7500 miles on it that the dealer was askin $49K for and explaining I had seen a 2005 C2 Cabrio CPO with 22k miles on it for $53K. The sales guy said, well why dont you think about offering 45K, or something in the 40s?
So, what is the sense or recent experience about how much below dealer asking one can get a good CPO car?
Is KBB pricing really relevant in todays market with car dealerships going bankrupt?
Thanks!
Jonezy
I am in the market for my first Porsche, and it will be a 911. I am in the market for a C2 Cabrio.
I was originally looking at a 996, but drove both a 996 and a 997, and I and leaning toward the 997. Like most people, I am on a budget, so that might force the decision between a 996 and a 997 for me.
I am very much inclined to buy a car with a warranty, whether one with the duration of the factory warranty or a CPO car.
I have seen a few (not many) CPO cars offerred by dealers that were at KBB trade in value.
What I am wondering is whether this board knows how hungry the Porsche dealers are right now. I was on a lot over the weekend hemming and hahing about a 2004 C2 Cabrio (non CPO) with 7500 miles on it that the dealer was askin $49K for and explaining I had seen a 2005 C2 Cabrio CPO with 22k miles on it for $53K. The sales guy said, well why dont you think about offering 45K, or something in the 40s?
So, what is the sense or recent experience about how much below dealer asking one can get a good CPO car?
Is KBB pricing really relevant in todays market with car dealerships going bankrupt?
Thanks!
Jonezy
#2
You should first establish whether you want a 996 or a 997. Then, whether you want an "S" or non "S"; and go from there.
Plenty of cars out there to choose from.
ps. KBB is having a hard time keeping up with 'real world pricing' these days. We all are. LOL
Plenty of cars out there to choose from.
ps. KBB is having a hard time keeping up with 'real world pricing' these days. We all are. LOL
#3
For example, a 7500 mile 2004 C2 Cab in 'Good' condition with no options shows on KBB as 40.8K trade-in, 50.8K retail while Edmunds has it 34K trade-in, 40K retail.
#4
I think the basis of your question is where is pricing ending up and you are right, it's not KBB. Take a look over at eBay and search for what you are interested in. Let's say it's a 2006 Cab. Pull up the complete listings and at least you will get a sense of what those cars have ended up in auction and whether any have actually sold and for how much. When I was looking last, I saw a lot of unsold listings, some with bidding that ended say 10-20% lower than reserve, and maybe just 1 or 2 that were in Green meaning they found a new home. That at least gave me an idea of where the "US" public thought the prices were, and what some people accepted for their cars.
With that in hand and a good search of the Porsche used site, autotrader, and cars.com, you'll at least have an idea of the book ends: Asking price and selling price. Then find cars that fit your desire and negotiate with those that own them.
OR
You can save yourself a lot of effort and just have Stoppie sell you a great CPO from his dealership
With that in hand and a good search of the Porsche used site, autotrader, and cars.com, you'll at least have an idea of the book ends: Asking price and selling price. Then find cars that fit your desire and negotiate with those that own them.
OR
You can save yourself a lot of effort and just have Stoppie sell you a great CPO from his dealership
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#8
Jonezy- you don't have PM's set up here on RL,
So just email me your contact information and I'll help you out as best I can.
Chris@clevelandporsche.com
So just email me your contact information and I'll help you out as best I can.
Chris@clevelandporsche.com
#11
Hey there you are you crazy bastid....
Is the wifey on board yet? Give me a buzzzzzzzz
sent ya an email.
#13
Cap'n Insane the Engorged
Lifetime Rennlist
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Lifetime Rennlist
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Joined: Apr 2002
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From: Where Mountains Meet the Sea
Chris is indeed a great guy and I've got nothing but good things to say about him.........
BUT
........if you're on/near the left coast throw a new guy ( in car sales ) a bone.
ARF!!!
BUT
........if you're on/near the left coast throw a new guy ( in car sales ) a bone.
ARF!!!