Markups on GTRs
#17
Been making some calls. Pretty clear to me now that it really depends on the market. In big markets like CA, even though unemployment is really high and this is the epicenter of the housing implosion, the market is so big that there are still plenty of people with money so I'm less surprised that dealers are holding out. In some of the smaller markets dealers are finally starting to discount. I found a couple of dealers who will do $1500 off MSRP.
I also found a used one in Orange County on Craigslist listed at $71.5. The owner says he'll take $69K. The car has 1200 miles. He's had it listed for almost 2 months with no takers. Seems like the high bidders on the EBAY auctions for new ones are ending around $74 or $75K now. Of course these offers don't meet the reserve so they are relisted. For used ones with under 2500 miles the highest bids were $45K, $50K, $62, $68K and one outlier at $73K back in February. This tells me people are hesitant to buy one used or they would just rather pay the extra $10K for a new one.
I think by Q3 or Q4 when the millions of people who got laid off in the last 90 days start running low on savings then you'll easily see used ones in the sixties and maybe high $50's.
I also found a used one in Orange County on Craigslist listed at $71.5. The owner says he'll take $69K. The car has 1200 miles. He's had it listed for almost 2 months with no takers. Seems like the high bidders on the EBAY auctions for new ones are ending around $74 or $75K now. Of course these offers don't meet the reserve so they are relisted. For used ones with under 2500 miles the highest bids were $45K, $50K, $62, $68K and one outlier at $73K back in February. This tells me people are hesitant to buy one used or they would just rather pay the extra $10K for a new one.
I think by Q3 or Q4 when the millions of people who got laid off in the last 90 days start running low on savings then you'll easily see used ones in the sixties and maybe high $50's.
#18
With todays economy they would be stupid to have the same markup when first introduced. They wanted 20k above when I first started looking at them. Ended up with an 996tt for almost half the price.
#21
I think the demand is still high and low MSRP cars are in low supply or gone. There will always be some owners that are in a money crunch and need to sell at a lower than market price but it seems dealers are still charging over MSRP though for in stock cars.
Now that 2010 prices have been announced at 79k base and 83k premium(roughly 3000-3500 increase over the 2009 price increased cars) Lets see how dealers are going to play with prices now. If inventory, production are low and demand is high then prices will hold and dealers will still play the mark up game
Now that 2010 prices have been announced at 79k base and 83k premium(roughly 3000-3500 increase over the 2009 price increased cars) Lets see how dealers are going to play with prices now. If inventory, production are low and demand is high then prices will hold and dealers will still play the mark up game
#22
if you're serious about getting a gt-r, checkout mygtr.com, or nagtroc.org.
there are always people popping up there that either work at gt-r dealers, or 'know a place' where they got theirs.
there are always people popping up there that either work at gt-r dealers, or 'know a place' where they got theirs.