Leftover '06 models? - 986 Forum - The Community for Porsche Boxster & Cayman Owners

Bavarian Motorist · 05-11-2007, 10:07 AM

For some reason, New Country Porsche of Greenwich, CT STILL has a leftover '06 987.

http://new-country.porschedealer.com/new_cars/search.php?model=987

Carrara white... sticker is $49,900...

Which means you can likely get it for $37,000 (my '06 was $52k sticker and I got it for $40,000 back in November)

I can't believe it isn't sold in this heavily populated region of the country.

Are Boxster sales slipping?

FrayAdjacent · 05-11-2007, 10:10 AM

I would think the sale of Boxsters lulls in the winter, and should pick up again in the spring.

And if I ever have the scratch to be able to afford a brand spanking new Porsche, I'll wait until I can get a previous year model for cheap. I've seen the local dealer mark down Cayennes by huge amounts because they were the previous year model.

cfos · 05-11-2007, 10:11 AM

uh... have you been to Greenwich? You do know that, per capita, it is among the wealthest of communities nationwide. I remember, though it's been perhaps a decade, you get off at the Metro North stop and are greated by Mercedes, lexus, etc., dealerships with Ferrari being around the corner.

Bavarian Motorist · 05-11-2007, 10:13 AM

Quote:

Originally Posted by cfos

uh... have you been to Greenwich? You do know that, per capita, it is among the wealthest of communities nationwide. I remember, though it's been perhaps a decade, you get off at the Metro North stop and are greated by Mercedes, lexus, etc., dealerships with Ferrari being around the corner.

Uhh...it's kind of where I bought my car and also the area you're speaking of is exactly where this Porsche dealer is.

Right across the street from the Mercedes dealer and on the same side of the street as the BMW dealer (bought 2 cars from there), Audi dealer (same company), Bentley/Aston Martin/Rolls-Royce dealer.

This is precisely my point. Why hasn't it sold?

cfos · 05-11-2007, 10:21 AM

Well, as I said I may be off on locations since it has been a few years since I've be on the Metro North. Nevertheless, in a county that supports what, Bentley and AMs, (ferrari still there, too?) you think the average buyer of Greenwich is going to buy... a Boxster? Maybe for their kid, but in a (rather small) state that boasts, what 4 Porsche dealerships... I don't find it odd at all that there is a leftover 06 Boxster especially considering the wealth of that particular town. Besides, your wondering whether Porsche sales are down based on... 1 left-over?

Boxtaboy · 05-11-2007, 10:23 AM

I think he's saying that because it is a wealthy area, people don't buy the Boxster, but instead go straight for the 911.

cfos · 05-11-2007, 10:25 AM

Bingo. I lived in CT for some 20+ years and, depending on where you were, some highschoolers drove 911s to school. That dealership has over 20 911s in stock, 15+ Caymens and 10+ Cayennes that are 2008 models -- according to their webpage (whereas my local dealership may have a total of 30 or so cars in their ENTIRE inventory). This is not a knock on the Box, but if you could afford a Bentley or a Ferrari, a 911, etc., would you drive a Boxster? We're talking "new" here...

Yes, yes for those that believe the Boxster is a greater invention than the microwave, sure, you would, but I think I'd fall in the larger category of people that would buy the other(s). If money weren't the object, I pick Ferrari, Bentley or an Aston any day (twice on Thursdays) over a Boxster. Of course, if I'm buying that kind of car, I may pick up a Boxster as a third or forth car -- unless... I opt for the 911 convertable.

Boxtaboy · 05-11-2007, 10:35 AM

Agreed. In fact, I distinctly remember my boss at the time (who lives in Greenwich) busting on me and another coworker for not getting the 911, saying basically, that if you do get a Porsche, you should get the 911.

Meanwhile, he was bragging about buying an E-series Mercedes, which is the same price as a Boxster. LOL

Bavarian Motorist · 05-11-2007, 10:36 AM

Quote:

Originally Posted by cfos

Well, as I said I may be off on locations since it has been a few years since I've be on the Metro North. Nevertheless, in a county that supports what, Bentley and AMs, (ferrari still there, too?) you think the average buyer of Greenwich is going to buy... a Boxster? Maybe for their kid, but in a (rather small) state that boasts, what 4 Porsche dealerships... I don't find it odd at all that there is a leftover 06 Boxster especially considering the wealth of that particular town. Besides, your wondering whether Porsche sales are down based on... 1 left-over?

I strongly disagree. Greenwich isn't Vatican City.

In affluent areas, cars like the Boxster will likely be sold more than anything else. Many people have a lot of $$ here, yes, but that doesn't mean they look at a $50,000 sports car and say, "I can do better."

The fact is that the average family in Greenwich would probably be looking at a Boxster because it is more affordable.

Just because many of the people have a lot of $$ doesn't mean they all can afford 911s and look over the Boxster. That's an outrageous thought!!!

cfos · 05-11-2007, 10:38 AM

I whole-heartedly agree with Boxtaboy. "Status" is far more important to the Connecticut Yankee than performance, handling, etc.

cfos · 05-11-2007, 10:44 AM

"In affluent areas, cars like the Boxster will likely be sold more than anything else. Many people have a lot of $$ here, yes, but that doesn't mean they look at a $50,000 sports car and say, "I can do better."

The fact is that the average family in Greenwich would probably be looking at a Boxster because it is more affordable.

Just because many of the people have a lot of $$ doesn't mean they all can afford 911s and look over the Boxster. That's an outrageous thought!!!"

Son, listen to what you are saying. The Greenwich dealership, which may know a little more than you about their clients than you... has 6 Boxsters in their inventory. Go and check, if you want:

http://new-country.porschedealer.com/new_cars/search.php?model=987

Compare that with their complete inventory:

http://new-country.porschedealer.com/new_cars/search.php

Say what you want about "average" families. Personally, when I think average family, I think of people with young(er) children and a two seat car isn't exactly the best for soccer games and car-pooling. I mean, the average family has what, 2 cars? Maybe a third junker for their kid(s) that their kid may have bought, right? I think if Boxsters were hot, they'd carry more or have more on their way for delivery -- right?

From Wikipedia: "The median income for a household in the town is $99,086, and the median income for a family is $122,719. Males have a median income of $95,085 versus $47,806 for females." I don't know that you can generalize the residents of Greenwich as being "average".

Also from Wikipedia: Hmmm... maybe I'm wrong in the number of people choosing Ferrari -- It looks like they choose BMW:

"The town's 2006 Grand List (tax rolls) includes more than $1 billion in assessed values for automobiles, which raised $5.5 million in revenue for the town. Overall, there were 2,337 cars worth more than $50,000 on the list, and there were 3,769 BMWs, 3,474 Mercedes-Benzes, 931 Porsches, 94 Ferraris, 90 Bentleys, 65 Aston Martins, 40 Maseratis, 39 Rolls-Royces, four registered Maybachs (a brand that can retail for up to $385,000), and one Lamborghini. Greenwich has the only authorized Aston Martin dealership in the state.[11] "

It doesn't look like Porsche is hurting... I wonder how many states boast the numbers of this little "town" in Connecticut...?

Boxtaboy · 05-11-2007, 10:53 AM

Here are the numbers. Porsche sells a lot more 911s than Boxsters, so I guess there's no shortage of status seekers.

Dr. Kill · 05-11-2007, 10:58 AM

Interesting. A lot of Caymans going out the door.

cfos · 05-11-2007, 11:01 AM

It is interesting about the caymans... I think there has been a lot of attraction because it is a new model. I also think the cayman is a more "sexy" than the Boxster, but personal opinions are going to differ. I dunno, if I was buying all over again, I might go cayman. The wife likes the idea of having a convertable much more than actually riding in the convertable.

Dr. Kill · 05-11-2007, 11:03 AM

Yes, I think when I finally wear out this Boxster, I will likely opt for the Cayman (or 911) - prefer the hardtop.

Boxtaboy · 05-11-2007, 11:04 AM

Well, don't forget that the Cayman IS marketed as a notch ABOVE the Boxster series.

Also interesting is the fact that when you look at the Boxster line, more people choose the base version vs. the S model. This is in line with the idea that people buying in this price range prefer to save a buck or two if possible. However, jump to the 911 Cab, and there are about twice as many people who choose the S version over the base cab version. This then, may coincide with the idea that buyers in this price range don't care about saving the extra few bucks, and go straight for the higher status S model.

Dr. Kill · 05-11-2007, 11:43 AM

Quote:

Originally Posted by Bavarian Motorist

For some reason, New Country Porsche of Greenwich, CT STILL has a leftover '06 987.

http://new-country.porschedealer.com/new_cars/search.php?model=987

Carrara white... sticker is $49,900...

Which means you can likely get it for $37,000 (my '06 was $52k sticker and I got it for $40,000 back in November)

I can't believe it isn't sold in this heavily populated region of the country.

Are Boxster sales slipping?

$37k would be a good price. I wound up paying $42k for mine (which also stickered at $52k), but that was for an 05 back in 05 - the 06's were on the lot already but not quite the same situation as it hadn't turned 06 yet.

Perfectlap · 05-11-2007, 11:55 AM

That's a typo notice the Boxster below it is a 2007 going for about the same.
If its not a typo that's crazy...
I paid $30K for my out of warranty four year old Porsche with barely 9K miles.
Now you can get a year old 987 for $37K???
I would think they would lease it before letting it go for under 40K.

As for "why would you buy Boxster if you can afford more?". That's the logic of someone who really isn't into driving sports cars. More someone who is into collecting and flaunting them. I'm a SINK, single income no kids. I only spent $30K on my sports car but could well have spent much more. Had a loan check good for up to $100K when I signed the paper work. But spending more would have been absolutely "bling bling" motivated. I'm not a poser.

p.s.
Non-Roadster people have been over two seaters for a long time now....
and the slumping Boxster, Z4, Z3 etc sales back up this trend.
People these days want flash not fun...certainly not Autocross/Track duty.

Dr. Kill · 05-11-2007, 12:36 PM

Quote:

Originally Posted by Perfectlap

As for "why would you buy Boxster if you can afford more?". That's the logic of someone who really isn't into driving sports cars. More someone who is into collecting and flaunting them.

I don't know if I entirely agree with you. That would assume that the Boxster is the best sports car available at any price range. I can understand an argument that it is, but not everyone is going to think so. For me, I would be tempted to pick up a 911 if money were no object.

cfos · 05-11-2007, 12:36 PM

"As for "why would you buy Boxster if you can afford more?". That's the logic of someone who really isn't into driving sports cars. More someone who is into collecting and flaunting them. I'm a SINK, single income no kids. I only spent $30K on my sports car but could well have spent much more. Had a loan check good for up to $100K when I signed the paper work. But spending more would have been absolutely "bling bling" motivated. I'm not a poser."

I agree with Dr. Kill and I dunno if I buy your "logic". I would think a Ferrari 360 or a 430 is also a "sports car" (have you driven either?) and one (or the other) I'd much rather own than a Boxster. Rather, I think your opinion is more of a sense of Boxster-pride, not-that-there's-anything-wrong-with-that. Of course, I'm not saying I am a "car" guy and I don't participate in autocross, etc. so take that statement as you will. Of course, you have to ask yourself why seemingly everyone on this forum is down on people that own, drive and enjoy "ricers". I'm sure their opinion of Porsche owners falls in the same caste system as people here view ferraris. Nothing more than a shifting scale.

As for the amount you spent and the amount you could have spent, you do realize the increasing rate of bankruptcy in the good 'ole USA because people are taking out more than they should... close to their limits and not being able to pay for it 2-3 years down the road...? It was probably very wise not to go closer to the $100 K limit. I think that is just more good financial sense rather than good car sense. Again, just an opinion.