Price Check on Aisle '06

[husker boxster]

I've run across a new left over '06 S. The dealer has knocked a few bucks off the sticker but won't be able to sell it at that price because an '08 LE S is only a few bucks more. I have a couple of questions for the esteemed forum members:

1. Does anyone know what invoice would be on an '06 S or know where to find it? I'd like to have this info before I start talking to them.

2. The warranty clock is ticking. Depending on when it was manufactured, there may only be 2 yrs left on the warranty. Is it possible for the dealer to CPO a new car?

3. If so, is the cost $1000-$1200?

Any thoughts are appreciated.

Husker, I don't know invoice prices but I would expect you to be able to get 16-18% off MSRP. I would not expect you to get more than 20% off. Getting between 18-20% off will depend mainly on how good of a negotiator you are and a combination how desperate the dealership is to move the old inventory.

Why is the warranty clock ticking? The wrranty should start once the car is sold, not manufactured.

I would expect a CPO to cost north of $2,000.

[tboyer]

Originally Posted by husker boxster

Any thoughts are appreciated.

First of all, the '06 S is a beautiful ride, drove a few with a rather large smile on my face. No matter what, someone has to pay for the depreciation of an '06 left on the lot, that someone, hopefully, is not you! My suggestion would be to buy/lease the '08 LE S! Better residual value on an '08 purchased right now gets much worse (like 8 points a year) every year you go backwards.

One of the '06 S's I drove with 236 miles on it was stickered for 58K, the dealer was willing to let it go for low to mid 40's. I left before a final number was hammered out, out of my price range.

[baseball]

The warranty is ticking because Porsche often exercises a policy of assigning an in-service date to leftover cars. On that 06S the likely in-service date is 7/31/2006.

In my experience, the absolute best place to get invoice prices is through Chrome Data Systems - that's their main business and they update them regularly. Unfortunately you'll have to pay to get them.

But if you want the invoice price for free, you can look it up on Edmunds.com. Beware they don't update their data as often as I think they should, so their invoice prices are more of an estimate..... a very good estimate, but not the best out there.

As a first offer, I was quoted $2000 for a CPO on a 2006S with 7k miles. Since I didn't buy that car I didn't try to negotiate it lower, so I don't know how reasonable $1000 - $1200 is.

You can currently buy an 07 leftover for less than invoice (I can speak with some authority on this, because I just did.... not bragging, just saying that it can be done). So, unless they're offering the 06 for substantially LESS then invoice, I'd keep looking.

And don't let the dealer give you any BS about caving in and giving you the full warranty. The In-Service date is Porsche's deal and the dealer has no say in the matter. The dealer CAN add CPO, but the original warranty CANNOT be changed.

[baseball]

husker, what option codes are on that 06S?

Before options, here what I have:
MSRP - 55,495 -- Invoice -48,510

[der Geist]

For a 2 year old car that dealer should be falling all over you. I don't know too many people who would pay good money for a 2 year old convertible in December. What are the winters like there? Maybe you should wait until the snow is flying fast & furious. Go in and don't settle on anything less than invoice AND a CPO. I would think the dealer would be happy to get a car that has been sitting on in his inventory so long a new home. If I am not mistaken the invoice you see is not the final one the dealer pays. There usually are discounts for sales incentives, volume and a "hold back" of a few thousand dollars.

There are plenty of dealers and plenty of these cars around.

[ozspearo]

Sorry if this is painfully obvious to most on this site, but what is CPO?