I know I shouldn't get this irritated but I just can't help it. This local dealer is selling an albeit nicely equipped, good condition, low mileage 2009 4S, but asking for almost $98,000 for a two+ year old non-certified vehicle is ABSURD in my opinion. A new 2011 leftover can be purchased for this price! Not sure how they can take themselves seriously, especially considering that winter and a new 911 model is just around the corner. Just had to vent.

http://www.theautogalleryporsche.com/used/Porsche/2009-Porsche-911-Los-Angeles-ea5515a10a0a0065019c70284dfd7a0f.htm

 

they need their Christmas bonus

 

Absurd!

They'll sit on that depreciating asset for awhile.

 

Dealer high on crack.....

 

A better question would be - what is right about car dealers?

That's an easy one.

 

Indeed asking prices seem inflated. This is driven off the published high demand for used cars. Remains to be seen how many of these cars are really selling. Hey, if some uninformed sucker is willing to pay that much for an '09, more power to them. Sounds like you're shopping in Beverly Hills!

 

They're banking on the idea that someone will be willint to pay for the crazy low miles with the following logic:
"Yeah, but think what it would cost you to buy a similarly equipped brand new model!"

 

Those supple leather seats look like some aftermarket shop has covered the normal seats with leather Depends.

 

Bet they get the out-the-door price they expected when they put up that sticker. Hard to say how much negotiating room they left in the sticker, but certainly room to provide a CPO for the buyer who asks. That isn't Beverly Hills, but it's right next door. Picture that map for Tiger's golf tournament going on this weekend: this dealership is a couple of miles away from Sherwood Country Club. We got our 2009 there but had an appointment to go to the Beverly Hills store just down the freeway if we hadn't found what we wanted. These are the guys who just opened the first McLaren dealership in Southern California. Unless you have as much spare change as their nearby customers, you want to be sure you know the current market information before you go.

In general, the Auto Gallery seems to know what the street will pay for a special car. In that neighborhood, they have a lot of customers of the sort who have to be persuaded to test drive a GT3 for a day because they're really committed emotionally to a Turbo S and it's been two weeks since they ordered it and why waste the time? Last time I was in there for a service, they had the usual Ferrari sitting around with a lot of GTS units and the occasional Targa, a Speedster being offered for 'only' $195,000 and a GT for three hundred something. Their Ferrari dealership is around the corner, so they just leave a Ferrari parked here in case someone is tempted. Or perhaps to remind buyers that a Porsche is the economical super car.

I just looked at that C4S. It's a PDK with sport chrono, Atlas Grey on supple dark grey natural leather, Nav/PCM and all the other goodies. It has only 1,807 miles and probably every other option that would fit with those high-end items I just noticed off hand. I saw a fire extinguisher for all love. Dealers don't order that stuff. Somebody spec'd that car with a generous hand on the option list and then drove it less than a thousand miles a year.

It's basically a counterpart to the 130k CDN unit someone asked about a few days ago and the MSRP for this one was U$117,000 according to their website data. I would certainly offer $100k out the door if a CPO were added to all those options. I'd offer expecting to have to split the difference on tax and license (add another 5k), but you never know.

Not to belabor the obvious, but why in the world would it irritate anyone even if they offered it for the original MSRP and 'justified' it by naming the celeb who owned it first? We offer our cars for whatever we want to get for them. Why be irritated when some other seller does the same thing?

Gary

 

Well said Gary!

Tom

 

Shopped So Cal for a LONG time and bought our CPO 2008 C2S at BH Porsche this Sept. Negotiated price was very competitive. Other aspects of sale, meh, but far better sales process than most. They do appear to have pick of the litter and unique CPOs unlike other dealerships. Great inventory.

 

Most Dealers are clueless morons. They will never get anywhere near that price & they will sit on it while it deprecates, it takes up space, new body style comes out and they realize they are $10K off. Most of the time we know the market much better than they do.

 

"I would certainly offer $100k out the door if a CPO were added to all those options. I'd offer expecting to have to split the difference on tax and license (add another 5k), but you never know."

You would pay $100k for this if it was CPOd? You do realize that NEW 2011 4S are being discounted about $15k from MSRP right now, meaning that a new 2011 with the same options would be only $102k. That is why their asking price is so absurd. A good dealer doesn't try to take advantage of under-educated buyers just because they can. In my opinion it just shows their philosophy of how they look at their customers.

 

Asking price is completely meaningless. I just looked at an 09 that was stickered at 82, craigslisted at 70, and dealer was willing to sell for 63.5

Times have changed, and even (or especially) for premium brands, the discrepancy between asking price ad selling point are often staggering (I bought an 09 amg last year, asking 57, bought for 48)

Just ignore asking and offer 10% below real market value.

Also, if it's a Porsche dealer, it makes no sense that the car is not cpo'ed.

 

Yeah. You keep telling yourself that.

G