Saul_Goodman

Has anyone seen any 2020 992s selling under original msrp yet? Been on the hunt for a 2020 992c2 for 10-20% under msrp which would put it around 100k with mild options.

Seems I'm still dreaming

c3uo

I've been looking for the same, but have only seen it twice and they both had nearly 100k km. The worst part is I pulled my deposit on a 110k build back in 2020 as I didn’t want to wait a year…

I wish I could live under the mantra yolo, but I’m just not wired that way. I put $100k into my daily drivers and have a hard time with the fun car doing that.

it seems the current best pricing is on 991.2, but you are still paying $20k under original msrp for 5-6 year old car which seems ludicrous (not to mention the water pump and other potential expensive repairs). The dealers advertise them as “worth $170k to build today” but the original build sheets were $120k. Unfortunately the msrp increases and lux tax drove up used car prices due to supply and demand….

Onami

I’m in the same boat…just can’t justify the current prices. 991.2’s have come down the most. Carrera t’s are down $10-20k vs 6 months ago. That said, they are still only $10-$15k off of MSRP which is nuts for a 5-6 year old car. Nothing appears to be selling though as the same cars are advertised for months. I saw a silver 2021 C2 with 9k km on-line yesterday for $136k and thought that seemed lower than what I am used to seeing. Checked 2021 base cost and it was only $113k!

Checked out prices on 2 cars at lunch today. 2019 C4 with 25k km at Porsche Calgary for $129,900 - original MSRP was $130,580. 2018 S with 19.5k km at DFC for $127,595 - original MSRP of $159,170. Both cars are CPO so there is $4,000 plus any repairs that dealer had to make that should be deducted from the asking price. With this in mind, the S price is about 22 - 25% off MSRP. The C4 price is nuts!!!

if you want to spend $100k or less, you are looking at 991.1’s right now. Ironically, that is what they were selling for pre-pandemic.

red996

Cars that have been sitting are gonna need new tires from the flat spots on them.....Price that into your offers accordingly.

SToronto

Has anybody put in a lower offer on these cars that are 4-6 years old with asking prices near/at/above MSRP?

Just curious on how real the advertised price is versus where a deal gets done or not.

Anthony dokic

I have base model 911 carrera & S at msrp for Canadian market and Canadian customers via brokerage service, and not as a new car dealer. I can connect you anytime.

costs : total MSRP as a custom order + ~ 3% brokerage fee + all Canadian taxes.

New GT cars will be tricky until you build a relationship with that exact dealer in Canada. If you are only looking to get a GT3RS in Canada at sticker with minimal or no buying history, I cannot assist at this time.




516-375-5002
anthonydokic1@gmail.com

rc.yyz

They’ll tell you to take a hike. They rather sell back to wholesale at a loss vs. selling to a customer at a great price. I guess they do not want to push down the retail pricing and they are artificially propping up the resale market.

red996

This is totally what is going on right now.

Skeptikal12

Quite a few of the GT and Turbo cars are being sold on BaT in recent months. Someone posted a Safari as well. Think if the market was super strong here in Canada they wouldn't go through the trouble and wait times of preparing a BaT auction.

SToronto

Wonder how much longer that can continue if that is blanket what is happening.

I could see not wanting to lower retails to manipulate customer perception of retails.

Let's see, there's talk of maybe another rate hike before we go down. Inflation number went up. At some point retails need to come down if rates don't, maybe dealers were hanging on in hopes of rate reduction cycle starting in April-June.

M718R

They will continue keep advertised prices high. I am sure they will start entertaining lower offers this spring if the inventory is till there. How else are they going to sell new incoming 911's to customers. "Cars are still above MSRP and There is a two year waitlist for a 911" was the common line for 2021-2023. I don't think it will change in 2024, even though the market clearly has.

Lemarp

This seems to what's happening with housing as well. Seeing some houses coming up for sale, couple of cuts and then going off the market as they wait for spring and/or rate cuts.

Gotta figure why wouldn't some of these homeowners/dealers be willing to sell some of these houses/cars for 5-10% less given the high cost of carrying dead inventory now.

M718R

Housing and Porsche's are in too completely different fields. Housing demand is probably at the strongest point in the last 50 years. Housing affordability is at the lowest point. (housing construction starts is also at the lowest point in 50 years) Unfortunately our government is killing both at the same time in the name of inflation. Yet bring in 1.5 Million immigrants in the last 2-3 years. To give that perspective, if we placed all immigrants in the last 2-3 years in a city, it would be Canada's second largest and about the same size as Montreal. I am no oracle but the supply and demand in housing makes no sense and neither does the cost to rent / own in Canada at the moment make any sense either. I guess that's why we are seeing record levels of homelessness and two generations of families living in one home.

Porsche dealers are playing a game of low availability - Affordable housing is plainly obvious in short supply.

997turbocab

We should just start calling and trying lol Trying to convince my wife we need a 991.2 Targa that just showed up at PCO lol

SToronto

Yes to some degree, though mostly seems the ones being listed and pulled are starting at unreal asking prices. There are some that sellers have listed multiple times throughout 2023 with no sale. Wishful thinking. But you will have some people hanging in there hoping for rates to start dropping to bring people back into buying mode and price stability/increase. Let's see though.

I've noticed many go for below asking, by big amounts. But almost always at least something between $10-100k. You do see ones go for $100-200K below ask. It seems to still be rare that they are priced appropriately in the first place. There was one example last week, on the market for 2 days. Priced appropriately based on my research and sold for $60K under IIRC. I would've jumped on that one had the timing been right.

In my housing comments, I imagine most are not operating at a loss, rather the sale is gravy because they have been long time owners (more than 4 years) and their home has appreciated nicely in their ownership period. It is also providing a place for them to live. Different than used car market.

I've been watching the market in an area in my city, in hopes of making a move later this year. And nice to see what I miss out on!