[msf]

I am thinking about a new 2010 or 2011 Cayman S. Just wondering what kind of deals are being made. I bought my 2007 Cayman S for about 11% under MSRP. It was about $1000 over invoice. The sales guy was offering $500 over invoice on some models. I plan on ordering the car. I appreciate any feedback.

 

[navanoD]

I am thinking about a new 2010 or 2011 Cayman S. Just wondering what kind of deals are being made. I bought my 2007 Cayman S for about 11% under MSRP. It was about $1000 over invoice. The sales guy was offering $500 over invoice on some models. I plan on ordering the car. I appreciate any feedback.

I think it's going to be real tough to deal now compared to last year. Porsche is keeping production quantity really tight to the point that there is a no inventory to create a false sense of demand. The problem is when the economy crashed Porsche had a ton of inventory forcing major discounts. This will no longer be the case going forward... as they are building only what's ordered with little dealer lot inventory (if any).

 

[msf]

That is what I am hearing as well. My guy says he is only allotted two Caymans for the year. This is a huge dealership.

 

[Mini Me]

msf,

I believe that invoice is 10.5% below MSRP on Porsches. I got 7.24% off on an ordered 2010 CS after some negotiation with two dealerships.

Your dealer can always trade a build spot to get you the car earlier (i.e.: my local dealership was willing to trade their 911 spot for my CS).

Tamas

 

[navanoD]

msf,

I believe that invoice is 10.5% below MSRP on Porsches. I got 7.24% off on an ordered 2010 CS after some negotiation with two dealerships.

Your dealer can always trade a build spot to get you the car earlier (i.e.: my local dealership was willing to trade their 911 spot for my CS).

Tamas

Mini Me,
Curious, how long ago did you order your Cayman?

 

[Mini Me]

Ordered: 2/11/2010.

Tamas

 

[tagheuer]

I understand the strategy but just don't get how it works long term...their sales are down. Sounds like they have basically stopped production...so workers aren't working, dealers have little or no product to sell, etc. etc.

A dealer in Livermore, California is sitting on two brand new 2008 base Caymans...he wants $49k for each, firm.

They have been sitting on his lot for TWO FRICKIN' years, and that's two years of warranty gone on a brand new car....

I am looking hard a Cayman, but if I can't get a good deal due to limited production, there are a lot of other smoking deals out there....

 

[gtscayman]

I don't think the issue is limited production. It's limited distribution to the US. Sales in China and other developing areas are rising and they can probably get a better profit there.

They are expecting sales in China to go from about 10,000 in the last year to about 20,000 in year after next. Dealerships are opening and stocking up, etc. Why sell where they have to discount prices?

 

[DLENNOX]

A dealer in Livermore, California is sitting on two brand new 2008 base Caymans...he wants $49k for each, firm.

They have been sitting on his lot for TWO FRICKIN' years, and that's two years of warranty gone on a brand new car....

If the cars are still new, the warranties haven't started yet.

 

[tagheuer]

If the cars are still new, the warranties haven't started yet.

That's what I thought...but the dealer told me something different.

Once the car is "punched", it has an in-service date. Dealer is claiming that they took incentive money from Porsche to "punch" the cars, and the downside of that is 2 years of warranty are gone.

They never even bothered to call me back, how rude. I'm a serious buyer with cash...oh well, they don't get my business.

 

[sealand57]

I just bought a 2008 Cayman that I found on autotrader, from a dealer in Detroit. The car was brand new and had some nice options on it. The MSRP was $58,000, I paid $39,900.

 

[tagheuer]

I just bought a 2008 Cayman that I found on autotrader, from a dealer in Detroit. The car was brand new and had some nice options on it. The MSRP was $58,000, I paid $39,900.[/QUOTE


Do you mind telling me which dealer? I live in Detroit and am actively shopping. Was it Porsche Farmington Hills?

I noticed they have a couple older Caymans...I thought they were both 2009s though...

that sounds like a great deal, congrats.

as an aside, how does a dealer discount almost $20k and still turn a profit?

Also, are you getting a 4 year warranty? I was told some of these older cars have the warranty punched already which means it began to run....a dealer in California has two 2008s but they apparently only have two years of warranty left....

 

[sealand57]

Yes it was Farmington Hills Porsche. They only had it in autotrader for a few days when I saw the ad. Put a thousand down with my credit card for them to hold for 2 weeks for me. I then flew out there paid them and did the paper work, and it was loaded on an autotransporter that afternoon with another Porsche going to Portland. I asked the dealer why so low a price, was told that Porsche offered some dealers a big cash back to move the 2008's. Was also told that due to the high unemployment in the Detroit area that alot of people that could buy these cars have elected not to. I have been looking for awhile for a Porsche Cayman on autotrader and cars.com. While I was looking a dealer in Conneticutt had a great deal on a Cayman too it was also a 2008 model, but did not have all the options that the one in Detroit had. My best advice is to know what you want and be ready to jump on it and fly to go get it. Good luck and be patient, there is always another car deal. Best Regards

 

[sealand57]

Oh yes forgot to tell you about the warrenty. I only lost one year on the four year factory warrenty

 

[tagheuer]

that's awesome. Please tell me a little more about the car, options etc.

How long ago did you buy it? Like I said, I only saw two 2009s on their lot, but I just started looking last week or so.

How hard did you have to haggle with them, and if you liked the salesperson do you mind sharing their name? I will call them tomorrow.

thanks again, and congrats.

 

[chas365]

sealand57,

You got a very good deal- I was looking one year ago; all the sales people thought their kids might never eat again, when they offered me a very well-equipped 2008 for $45K. It listed for ~$58K

To get the same car for ~$5K less now is a testament to your patience and diligence. Congrats and enjoy the car. :cheers:

 

[HRHalderman]

I've observed that some dealers offer the car for what the market will bear and some insist on holding it to the bitter end, often taking a larger hit than pricing the car competitively in the first place. A base 2008 for 49k? Really? He'll be waiting a long time for hell to freeze over. Heck, I've seen a few '09's for 49k. I've got my eye on a CPO Guards red 2008 S with PASM, 2.3, Bose, PPP, 19" Turbo wheels, and the aluminum spoiler/side sill accents. It's absolutely gorgeous, but they want 59k for it! Really? It's realistically worth 47-52. The dealer thinks that the options take it to 59k, but options depreciate with the car. I told him I'll see again when the '11's hit the lot, which is after he's paid through the nose in monthly taxes. http://www.planet-9.com/images/smilies/crazy.gif

A Houston Porsche dealer had a, '08 CPO stripper S for 43k with 4k. It was a smokin' deal to say the least! Sealand is right in that you have to be ready to pounce when you find the right deal. I remember seeing that Cayman (white I believe) on either eBay or Cars.com. It was a GREAT deal because I think it was brand spankin' new. Don't overpay or settle for less be/c they're out there. You just have to look all the time. Some dealers just won't face reality!

 

[sealand57]

I purchased the car in late Jan. Tagheuer The list of options are as follows. Self-dim mirrows & rain sensor, Bi-Xenon Headlamp package, Chrome sport tips, Porsche crest in headrest, heated front seats, 19" Carrera Classic wheels, wheelcaps with colored creast, automatic climate control, Bose surround sound system, floor mats in interior color, red tail lights. The car is Carrera white with a sand beige interior. Total with options was $56,795 with charges $57,655. Bottom line is that they sold it for $39,900. I did not haggle with the salesman, I flew all the way in from Wa. for one day I knew a good deal when I saw it. Besides I figured that that was the lowest that they would go. As far as the options, it was enough for me to make it nice with out going totally overboard. The car was on their website for MSRP, but if you went to autotrader the same car was there at the price that I paid. There was I big difference their offical website and what they offered on autotrader. My best advice is to go threw every ad in auto trader and cars.com. They also had some other really good deals there. The name of their internet salesman was Mark Winkler 248.522.1809

 

[tagheuer]

man, I HATE you sealand! Just kidding....that is very similar to what I'm looking for...love that combo, and a fantastic price.

That dealer is about 15 mins from my house, but I didn't start looking until March, 2010.

Congrats, and enjoy the car!!!!!!!!

Like I said, they have two 2009s that have been sitting there for a LOOONG time....but I don't like either color (silver and black) and they both have the lame 17" wheels....who knows, maybe I'll make them an offer shortly.

thanks again for all the info.

 

[sealand57]

Tagheuer don't settle for what you don't want. I was faced with the same dilema, I just pictured myself driving a cayman with a black or stone grey interior. I just could not see it. I set myself with a baseline of what I wanted, sand beige interior, bose surround sound system, colored wheel crest, and at least 18" wheels. After months of looking I found that the sweet spot was between $39,000 and $42,500. Do not limit yourself to only new Caymans, there are alot of really good deals on pre-certified used with less than 10,000 miles. Also when you find one pull up a carfax on it, even if its new, you never know it could have been damaged or something, in shipment or while at the dealers. You will find that alot of used Caymans where corperate lease vehicles. Happy Hunting Best Regards