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Old 08-25-2009, 03:28 PM
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Carrera GT
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Originally Posted by yasuro
i'm looking at an 08 c2S for $74k, without negotiation. standard options + PSE, 18" wheels, meteor gray over black.

i'm also looking at leases for 09s, with non-negotiated 5% off sticker, but when i went down to the dealership, residual offered was 45% on 09 911s and cayman S with a money factor of .003 or so. is that a reasonable money factor and residual?
I guess used car leases might be more expensive, but I'd check on that money factor.

And target _at least_ 10% off a new '09.
Old 08-25-2009, 03:36 PM
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I just swapped my 07 TT for a new 09 C4S with PDK many options. Got a great deal with the car listing at 115k and I handed my 07 TT for the new car! In one way or another got a good deal as I think 07 TT residuals are going to drop even further with the new ones coming out. For me it was a perfect deal.
Old 08-25-2009, 03:47 PM
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The cash back word is out there, we have it on the web sites of both our stores. I suspect the deals will continue until a lot more 09 inventory is gone. I will say this I am looking around for specific cars that are not all that rare color and optioned cars and the better stuff is going a lot quicker than I thought. There will always be leftovers, stuff like the C4S PDK launch car and the C2S green launch car. Dont hold your breath waiting for the pre owned market to come back I would say time is working against you.

In options terms a pre owned is like owning an out of the money call option on an index. The volatility just got slammed and the calls taken a bath in value and even if the market starts moving back your way time will have taken such a bite out of the price its not going to go up in value.
Old 08-25-2009, 03:54 PM
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Originally Posted by Carrera GT
I guess used car leases might be more expensive, but I'd check on that money factor.

And target _at least_ 10% off a new '09.
i think that dealer was attempting to screw me on the MF on an 09. not all dealers are scrupulous

i sent off an email to another dealer that's within 70 miles of me. i'll easily drive 70 miles or more for the right deal and dealer.
Old 08-25-2009, 03:58 PM
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Forget the used car leases at this point, the 2009's will lease better. The MF blows on pre owned leases and the residuals are a joke.
Old 08-25-2009, 05:20 PM
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As others have already stated...the massive hit our older 911's take is the problem...I was ready to pick up 2009 c4s, sticker @100k discounted to 95K...my 2006 c4s had a trade-in value of 65K(this was back in November) so the cost of the new one was 30K...

Fast forward to today..trade-in value 45K, new car @80K, cost of new one 35K...actually the cost to trade-in has gotten worse, not better...dealers always try to make 15-20K on the transaction???

All these Porsche programs only deliver 1st time purchasers of a 911 or someone without a trade-in...hence the poor results...most 911's owners are repeat buyers...so after all the smoke and mirrors...the cost to purchase a new 911 has gone up...Really wish I would have sold my 911 last fall, then we would be talking...As always..thanks for the insight and information Trader220
Old 08-25-2009, 05:43 PM
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Where do you see a dealer making 15 to 20k on any transaction?
Old 08-25-2009, 05:59 PM
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As others have already stated...the massive hit our older 911's take is the problem...
realistically to take full advantage of these type of deals you have to do the foot work and sell your car yourself . Then you can go in unnattached as it were. Those are the cleanest deals. Lets face it if you are going to trade in now after cash for clunkers or trunk money, its hammered the used market.
Old 08-25-2009, 06:23 PM
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Originally Posted by Trader220
Buyers its time to hit your local dealer hard.
I'm in CA and want to check the new C2S inventory startwide. Is there a way to do this without going to each dealer's website? TIA, dave
Old 08-25-2009, 06:28 PM
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what are you looking for I can tell you if there is one in CA
Old 08-25-2009, 06:29 PM
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You can do a dealer search by state. It will list each dealer in Calif. Then look at each's inventory. Shouldnt take too long. You may want to stick to No Cals dealers like Niello, Freemont. Carlsen. Etc etc.
Old 08-25-2009, 06:41 PM
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Originally Posted by Trader220
what are you looking for I can tell you if there is one in CA
Looking for a C2S coupe with PDK. Thanks
Old 08-25-2009, 06:42 PM
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Originally Posted by OldGuy
You can do a dealer search by state. It will list each dealer in Calif. Then look at each's inventory. Shouldnt take too long. You may want to stick to No Cals dealers like Niello, Freemont. Carlsen. Etc etc.
I'm looking for an easier way to compare inventory between dealers. I know that Trader can do it. Too bad individuals don't have the access. dave
Old 08-25-2009, 06:50 PM
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Colors?
options that are must haves, the big stuff, navi, SC, bluetooth, ipod? The rest of the options are hit or miss at this point in the inventory cycle.
Old 08-25-2009, 07:02 PM
  #30  
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Originally Posted by Trader220
Colors?
options that are must haves, the big stuff, navi, SC, bluetooth, ipod? The rest of the options are hit or miss at this point in the inventory cycle.
I'm flxible on the color and would like all of the toys. This will be a DD. If you can point me to a few dealers with PDK coupes, I can take it from here. Thanks.


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