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Porsche 911 Carrera Prices Paid and Buying Experience

53 messages,  Last post on Jan 02, 2008 at 7:34 AM

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What is this discussion about? Porsche 911, Porsche Carrera GT, Car Leasing, Car Buying, Coupe, Convertible

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#40 of 53 Re: ringleader [kyfdx] by ringleader6 Sep 20, 2007 (4:48 pm)
Replying to: kyfdx (Sep 19, 2007 5:09 pm) Sorry..but, you must understand the facts of the situation.   Porsche USA charges and receives absolutely nothing from the additional dealer markup for a Certified Car warranty. It is part of the overall dealer relationship to encourage trade ins with Porsche. This warranty cannot be purchased for any amount of money except for and only for Porsche cars which have been bona-fide titled to an arms length purchaser who later trades it back to an authorized Porsche dealer. NO exceptions, you cannot add it to an original purchase, you cannot buy a Porsche traded to a Mercedes dealer and take it to a Porsche dealer to have it certified.   The program is an extended warranty beyond the original one, and it is tied directly to the same dispute resolution process as dictated by the applicable lemon law for a new vehicle. In fact is processed by the same arbitrator as the applicable lemon law.   This program is a tremendous aid for a Porsche dealer and is set up by Porsche USA to aid the dealer to make a trade thus selling another new Porsche unit. You cannot buy a Porsche from an individual, take it in to your dealer and have it certified. Has to be purchased from a Porsche dealer. That is where Porsche makes its money on this program, selling another new vehicle. It also enables and injects somewhat of a support to the resale value of these vehicles, so you do not see the pounding like you get with other makes with low mileage.   Due to some problems in Magnum-Moss and for other legal reasons, Porsche does not charge a dime for this program, or share in the profits from the dealer. You do not see it as a line item charge paid, it is added to the price of the vehicle by the selling dealer   So, it does make sense, and as I might add quite clever Replies to this message: vwguild1 (Sep 21, 2007 11:08 am) ringleader6 (Oct 01, 2007 5:58 pm)
#41 of 53 Sorry.. by kyfdx HOST Sep 20, 2007 (5:14 pm)
I still don't see how Porsche makes money off of the CPO car? The dealer jacks up the price, Porsche USA sees no money, yet still provides an extended warranty? For free?   Doesn't sound very clever to me... Or, believable..   Sorry, kyfdx
#42 of 53 Re: ringleader [ringleader6] by vwguild1 Sep 21, 2007 (11:08 am)
Replying to: ringleader6 (Sep 20, 2007 4:48 pm) Now let me see if I understand this correctly...The Dealer adds a "Mark Up" to the car basically for a Warranty that has not been paid for...And Porsche honors this warranty for 6 Years & 100,000 Miles from the original "In Service" date and pays the Dealer for the warranty work completed under the CPO...This seems, to me, just a bit odd... Replies to this message: ringleader6 (Oct 01, 2007 5:58 pm)
#43 of 53 Re: ringleader [vwguild1] by ringleader6 Oct 01, 2007 (5:58 pm)
Replying to: vwguild1 (Sep 21, 2007 11:08 am) Yep, I would agree it is a bit odd, but you have to do the math on the number of new units sold by an average Porsche dealer in the U.S. You can quickly see it requires some odd dealer support to make the arithmetic to work on these new facilities Porsche USA is demanding. Surf the dealer inventory and you will find several with only four to six stock items. These are not volume operations. I personally know one of their newer stores in the deep south which has only sold four new units this year, however they are thriving on certified vehicles obtained from a larger dealers trade in overstock.   Porsche USA, meanwhile is having a banner year and 911's overall are in short allocation. All of this means Porsche USA has this program set up for dealer support, I am unable to disclose how the share works out on claims made under this arrangement. You have to remember, the dealer keeps the entire charge, usually around $1,500. So there is money in the kitty. Another factor in this program is the average life of the warranty. Although very loyal, a Porsche owner does not keep the car very long, either getting a replacement, or getting out of a Porsche. You do not have a high percentage of long term high mileage ownership of a single vehicle. One of the oddest things about this program is that you cannot purchase it for a new vehicle at any price..........go figure.
#44 of 53 getting into it by zino911 Oct 02, 2007 (10:05 pm)
I have a 2007 M45 and am looking to buy a 2003 cab with 12,000 miles... looks to be in terrific condition, i called the dealer regarding the service history and other than a window motor, it is clean. i read on the post about a RMS leak? what is it and should i worry... i also need a recommendation about a good aftermarket warranty company from which to purchase an extended and if it is even worth doing so. finally, does anyone know of a good mechanic in South Florida so i can avoid using the dealer...oh yeah, the car does not have the PSM management system... is it really that important or can i live without it.. car will be used primarily on the weekends... and on date night thanks Replies to this message: vwguild1 (Oct 03, 2007 9:37 am) ringleader6 (Oct 08, 2007 7:14 pm)
#45 of 53 Re: getting into it [zino911] by vwguild1 Oct 03, 2007 (9:37 am)
Replying to: zino911 (Oct 02, 2007 10:05 pm) Is this 2003 Cab at a Porsche Dealership?
#46 of 53 getting into it by zino911 Oct 03, 2007 (6:49 pm)
dealer, but not porsche dealer.. i have car chex going there. why Replies to this message: vwguild1 (Oct 04, 2007 12:39 pm)
#47 of 53 Re: getting into it [zino911] by vwguild1 Oct 04, 2007 (12:39 pm)
Replying to: zino911 (Oct 03, 2007 6:49 pm) Be patient...Find one at a Porsche Dealer...
#48 of 53 Re: getting into it [zino911] by ringleader6 Oct 08, 2007 (7:14 pm)
Replying to: zino911 (Oct 02, 2007 10:05 pm) If she is a one owner, contact the owner and see if you can obtain reliable information. The owner may have an extended warranty which you can assume. If the dealer is not willing to furnish you with the owner information, you can obtain it from other sources......Possibly carfax.   And, you do not want to own this car and not have it serviced by a Porsche dealer.......There is no make or model of vehicle produced today that can be properly cared for by a non dealer mechanic. They simply cannot purchase the necessary diagnostic equipment and service tools to do the job. Not a Porsche specific problem, but all vehicles.
#49 of 53 Prices in east coast? by akarande Oct 14, 2007 (8:07 pm)
Any data on the markdowns on 07 Cabrio inventory and the discounts on 08 in the east coast?   thanks.

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