10% is too small a discount for a car they're selling as “used”. I wouldn't settle for less than 15%.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.
My understanding is that since the car was never registered, it still qualifies for state and federal tax credits?Since it was used then you will loose 10k EV credit-->~10%
Plus 2 year old and 1/2 year warranty less.
It is up to your needs but those are thing to keep in mind
People are misinformed and making assumptions.My understanding is that since the car was never registered, it still qualifies for state and federal tax credits?
Correct.People are misinformed and making assumptions.
You will get the MSO and be the first titled owner = you get the tax credit.
This is almost exactly what happened for me, except I was in April, not May. About the same numbers though....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.
I got 6% off when I purchased by 2020 4S new. A friend ordered a 4s 8 weeks ago and the dealer gave him 6 % off. 10% seems low.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.
Do your I factor in the $7500 tax rebate as part of that 15% depreciation?If the warranty was punched it’s a demo car so you are buying a 2 year old Used untitled car and the price should reflect that. New cars often you can get 5-7% off on so 10% seems Way too high for me. I think 15-20% is more in line. After all I have a 2021 4s super low mileage car I’m going to sell/trade for a 2022 PTS and the depreciation is near 15%.
Punched. April 28 2021. So about 3 months down on warranty.Correct.
Just make sure the car inst punched because you lose time on your warranty. If it is punched, I would ask for than a 15% discount
I would aim for 20% off.Punched. April 28 2021. So about 3 months down on warranty.
My vote is 17% as a sweet spot. Good luck with it, you'll get it. Crossing my fingers...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.