What would be a fair purchase price? 2011 997 S
#31
Instructor
Join Date: Oct 2005
Location: Midwest, USA
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Currently, there is at least $5k of trunk money that is relatively public knowledge. However, there likely is an additional $10k that is hidden and not confirmed to me. Porsche and it's dealers are much better than other brands in keeping hidden incentives truly hidden.
OP did the right thing by walking away. He can probably hit his target by month end.
OP did the right thing by walking away. He can probably hit his target by month end.
#32
Currently, there is at least $5k of trunk money that is relatively public knowledge. However, there likely is an additional $10k that is hidden and not confirmed to me. Porsche and it's dealers are much better than other brands in keeping hidden incentives truly hidden.
OP did the right thing by walking away. He can probably hit his target by month end.
OP did the right thing by walking away. He can probably hit his target by month end.
#33
Rennlist Member
During the Recession, Depression, WhatEverYouCallIt, Porsche was throwing trunk money at these cars because they were languishing on the lots. There were new, "unpunched" cars that were a year old or older still sitting on lots and Porsche threw money at them to move inventory. I bought a new 2008 Boxster in late 2009 for a rediculous amount off sticker and got waaaay too much for my '02 Boxster on trade. But, the economy was in the toilet...
That's not the case right now. Porsche is doing well in their sales, so there is no incentive to toss this trunk money on these 2011's at this point.
I agree with others that $85k is obtainable on this car in question considering how sales are doing and that this warranty has started.
That's not the case right now. Porsche is doing well in their sales, so there is no incentive to toss this trunk money on these 2011's at this point.
I agree with others that $85k is obtainable on this car in question considering how sales are doing and that this warranty has started.
But now they're doing great selling Panamera's and Cayenne's to cover the lapse it seems in Boxster, Caymen, and 911 sales. Think most of the 997 sales lapse is due to the pending 991 release but the way the economy keeps sputtering and Congress being non existent (man where can I get that kinda job..work 1/2 week then go on vacation, and get paid and a pension to do NOTHIN most of the time!); we may see those times return in the future if layoffs and job losses continue and spread further across the US.
Good luck!