Thoughts on discount for unused 'used' 2020 Taycan

[GG77]

Hi,

I have a 4S on order for myself but we've been going back and forth for a car for my wife. I found a 2020 model in a color she likes. The dealer says the car is new but since they are not supposed to have new 2020 models in stock, as per Porsche terms, it's listed as 'Used'. Is that plausible?

Secondly, they're offering a 10% discount on MSRP for this heavily optioned car. Is that too low for a car that's been sitting on the lot for a long time (production date May 2020).

Lastly they say it was punched as 'in-service' in April 2021 and that's when the factory warranty started. Car has less than 50 miles on it and lists with no previous owner. It's also finance or purchase only, no lease.

I'm just wondering if this is worth considering and at what discount?

Thoughts appreciated.

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[B61]

I’d vote: go for it even if it’s a model year 2020.
just keep in mind all info about delivery delays, waiting lists, etc….
Of course, they have to upload all new software fixes.

 

[GG77]

Yeah I'm thinking if I can get good finance terms from someplace and if they give a solid enough discount, it's worth it. I'm just not sure what sort of discount is reasonable to negotiate for since there's such a shortage of vehicles in general. 25% off MSRP seems much in this case?

 

[B61]

If they are offering 10%…ask 25% and take a deal for 15%

 

[Klepper]

It's effectively a two year old car at this point (with very low mileage). I would say 20% at least.

Make sure it's still eligible for the $7500 tax credit.

 

[GG77]

It's effectively a two year old car at this point (with very low mileage). I would say 20% at least.

Yeah 20 to 25. You're right re 2 yr old car and the immediate depreciation as soon as I take it off the lot. I don't even know if there's going to be a lot of PCM and electronics gremlins in it and if they've already applied some updates or not.

 

[chrisk]

Usually a 20-25% would be expected but given the

Yeah 20 to 25. You're right re 2 yr old car and the immediate depreciation as soon as I take it off the lot. I don't even know if there's going to be a lot of PCM and electronics gremlins in it and if they've already applied some updates or not.

The dealer cannot sell you the car before performing the power loss recall which forces them to first install WMA5, so the car should come with all available software updates.

 

[GG77]

Usually a 20-25% would be expected but given the


The dealer cannot sell you the car before performing the power loss recall which forces them to first install WMA5, so the car should come with all available software updates.

Honestly i was hoping they'd already applied all updates and tested it out. When I asked on the phone the guy simply said the car is recall free. I don't think I'm going to take his word on that lol

 

[chrisk]

Honestly i was hoping they'd already applied all updates and tested it out. When I asked on the phone the guy simply said the car is recall free. I don't think I'm going to take his word on that lol

if you have the VIN then you can check on Porsche or NHTSA site

https://recall.porsche.com/prod/pag/vinrecalllookup_V3.nsf/VIN?ReadForm&c=usa

 

[GG77]

if you have the VIN then you can check on Porsche or NHTSA site

https://recall.porsche.com/prod/pag/vinrecalllookup_V3.nsf/VIN?ReadForm&c=usa

Thanks! You're absolutely right, it's right there..hadn't even thought to look that up

 

[smohr33]

I bought my '20 in May off the lot. 14% off but it wasn't stamped, so full warranty. My production date was Aug 2020.

They need to go more than 10%, but I can guarantee they will not go 20% on a new car, regardless of the fact that it's leftover, look at the price of used ones... not worth it to take the loss, someone will come along and buy it.

Somewhere around 12% is breakeven for the dealer, I'm told at 14% my dealer took a $2k loss on the car to move it. I inquired on every leftover '20 4S on the East Coast before I closed on mine, and 14% was the best I could do on any of them.

 

[GG77]

I bought my '20 in May off the lot. 14% off but it wasn't stamped, so full warranty. My production date was Aug 2020.

They need to go more than 10%, but I can guarantee they will not go 20% on a new car, regardless of the fact that it's leftover, look at the price of used ones... not worth it to take the loss, someone will come along and buy it.

Somewhere around 12% is breakeven for the dealer, I'm told at 14% my dealer took a $2k loss on the car to move it. I inquired on every leftover '20 4S on the East Coast before I closed on mine, and 14% was the best I could do on any of them.

Ty.. My accountant can live with 20 if they do that. You had any issues with yours post purchase?

 

[smohr33]

Ty.. My accountant can live with 20 if they do that. You had any issues with yours post purchase?

Going on 3k miles completely trouble free. Had the big update done before I picked it up. Very happy with it.

 

[Gunner]

I honestly think that 20-25% off is a fair number, given it has been sitting on the lot for a year, has a punched warranty, and will be a 2 MY old car in the next few months. Probably could get that number in normal times.

BUT....this is a crazy, crazy market right now and dealers are in a position of power given the low supply. I shopped 2020 models pretty extensively in the past few months and NO dealer would go to 20%. Leading with that number usually led to no reply to the email. I think that 15% is a reasonable number to aim for. Depending on the specific dealer situation, you may be able to get 17-18%

It does have to be sold as a used car even though it is actually new. but since it has never been registered, you can still get the tax credit.

 

[GG77]

I honestly think that 20-25% off is a fair number, given it has been sitting on the lot for a year, has a punched warranty, and will be a 2 MY old car in the next few months. Probably could get that number in normal times.

BUT....this is a crazy, crazy market right now and dealers are in a position of power given the low supply. I shopped 2020 models pretty extensively in the past few months and NO dealer would go to 20%. Leading with that number usually led to no reply to the email. I think that 15% is a reasonable number to aim for. Depending on the specific dealer situation, you may be able to get 17-18%

It does have to be sold as a used car even though it is actually new. but since it has never been registered, you can still get the tax credit.

Thanks. The dealer seems pretty motivated to move it so I'm hoping for the best when I go in.

You're right though, supply v demand is crazy.

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