[Perfectlap]

yes you're absolutely spot on. I should have said Porsche make their bread and butter on new car sales, even in a slump they're still the most profitable car company in the world. The dealers on the other hand really feel it when the numbers come down. Pimps always get the lion's share!

You can get a better new car deal in this type of economic down turn but that's assuming the big hit of new car depreciation is not an issue to the buyer. In the present tight credit market with much fewer buyers going forward then just one year ago, you can surely expect there to be even sharper drops in new car depreciation. So you almost HAVE to get a really good deal on a new car sale. Meanwhile trade-ins are what they are and the dealers have allot of room to negotiate and right now they are struggling to show revenue. So from a consumer's point of view, the even lower entry price of a CPO Porsche has most of the upside of warranty protection with much less of the downside depreciation.