Dealer Price - room for chipping ?

Dealer Price - room for chipping ?

Author
Discussion

Steve_355

Original Poster:

6 posts

264 months

Monday 9th September 2002
quotequote all
Hi all,

I'm b****y hopeless at buying cars. I've seen a Porsche 996 at a UK, main OPC priced at 58,995 (sterling).

Assuming it's an average price for an average car (and it seems to be);

Question 1; what might be their bottom-line, CASH price ?

Question 2; what should I make my first offer ?

Question 3; what would YOUR highest bid be if you were in my shoes ?

Any good rules of thumb ?

All feedback gratefully received - I'm far too tight to make mistakes with this sort of thing !

thanks in advance

gt2man

28 posts

264 months

Monday 9th September 2002
quotequote all
Is it SOR ?

If so, it may budge a fair bit.

steve-p

1,448 posts

287 months

Monday 9th September 2002
quotequote all
There's never a right answer to this question really IMO. It depends how long they have had the car, how much other interest they have had, whether or not they have similar cars coming in, either in p/x, or from their buyer, how good a mood the sales manager is in, whether or not the car is about to appear in a published advertisement, what the outlook is like for luxury cars, and the time of year. Most importantly of all, it depends on how much you are prepared to gamble - i.e. will you take the risk that you can't reach a deal, and someone else buys the car in the meantime? I wouldn't claim to be an expert but I would knock off a couple of grand to start with and play it by ear.

andrewiz

43 posts

265 months

Tuesday 10th September 2002
quotequote all
I sold a 996 c2 to a Porsche dealer for £45k, and it was then advertised for £52k. I reckon they aim for a 10% margin, after adding the cost of a warranty (say £750).
I'd bid them £53k, and pay no more than £56k - whatever you think now, there are plenty of 996s about, so walk away if necessary.

JasonS8

395 posts

272 months

Wednesday 11th September 2002
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Steve,

Did you get my e-mail a couple of days ago?

If not, are you interested in a 996 C4 tiptronic?

Regards

Jason

bennno

12,469 posts

274 months

Wednesday 11th September 2002
quotequote all

agreed 10-15% mark up, would mean that 58k beasty is probably cost them no more than 50k.

depends if it is a new shape 02 car, in which case margins are tight and discounts are difficult....if its a old shape headlight car then you should get a healthy discount.

Bennno

GregE240

10,857 posts

272 months

Wednesday 11th September 2002
quotequote all
Steve, there's also a fair few 996's around at the moment, so I'd guess there's a good chance they might budge. Bear in mind we've also had the 52 registration 11 days ago.