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    Will we see people filiping 997 TT 's

    When the 997 TT comes out do you think there will be many people flipping their cars to get over sticker and if so how much over sticker ? Also can the actual dealer sell the car for over sticker ?

    Re: Will we see people filiping 997 TT 's

    I'm sure there will be people who will pay over sticker. I would not as there is no car that is worth that to me. Now don't get me wrong I would love to have an 997 TT, just not enough to pay over sticker for it.

    Now I people are going to pay over sticker for the 997 TT I would love to have one to sell.

    Re: Will we see people filiping 997 TT 's

    I am afraid that dealers can and will sell the TT over the sticker. In CA where I live they are now selling the M5 at 130,000, they call it $40,000 market adjustment. Who is insane enough to pay that for a BMW no matter how nice of a car it is. But people that make money hand over fist don't care and because of their demand the dealers get away with this none sense.

    Re: Will we see people filiping 997 TT 's

    Well said.

    Re: Will we see people filiping 997 TT 's

    I have also seen Porsche dealer do it it was called a flooring cost ...... To see the 430 spiders going for 90 to 95K over sticker is wild . The reason it does not last long for Porsche is that they make so many cars and after awhile the cars catch up and pass demand something that does not happen with Ferrari as they keep their numbers small .

    Re: Will we see people filiping 997 TT 's

    I have seen Enzo's and Maclaren F-1's for over $1M in Newport Beach Ca for sale. The Carrera GT's when they 1st came out were going for $650,000. I don't know guys even if I had a $1M to blow on cars it would be on several cars not just one car. Buy the Ferrari 575M supermarica + 997TT and pocket over $500,000

    Re: Will we see people filiping 997 TT 's

    Quote:
    edz61 said:
    I have seen Enzo's and Maclaren F-1's for over $1M in Newport Beach Ca for sale. The Carrera GT's when they 1st came out were going for $650,000. I don't know guys even if I had a $1M to blow on cars it would be on several cars not just one car. Buy the Ferrari 575M supermarica + 997TT and pocket over $500,000



    My Ferrari dealer just SOLD a Red/Black 1200 mi Enzo for $1 mill.

    Re: Will we see people filiping 997 TT 's

    My personal opinion F50 is by far better looking than ENZO. Granted Enzo is a superb car but a bit ugly in the front. If you spend $1M on a car you house must be worth $15M+

    Re: Will we see people filiping 997 TT 's

    some people want to be the 1st one on the block to have it. Personally, it's not worth it because that lust for the car will die down rather quickly.

    Re: Will we see people filiping 997 TT 's

    Lets face it Enzo is king not F50

    [url=http://video.google.com/videoplay?docid=4636126912979578001&q="top+gear"]http://video.google.com/videoplay?docid=4636126912979578001&q="top+gear"[/url]


    No.# 2 CGT
    [url=http://video.google.com/videoplay?docid=4636126912979578001&q="top+gear"]http://video.google.com/videoplay?docid=4636126912979578001&q="top+gear"[/url]

    P.S. 997TT spotted in Colorado


    Love the fact that the spoiler is so small .

    Re: Will we see people filiping 997 TT 's

    Quote:
    edz61 said:
    I am afraid that dealers can and will sell the TT over the sticker. In CA where I live they are now selling the M5 at 130,000, they call it $40,000 market adjustment. Who is insane enough to pay that for a BMW no matter how nice of a car it is. But people that make money hand over fist don't care and because of their demand the dealers get away with this none sense.



    I definitely think they will be selling for above sticker initially, but eventually I think they will be reasonable. The M5 sales for instance or just to catch any sucker who will pay it. You can easily get one for MSRP by shopping around the country. A few are sitting on dealer lots. Winter time isn't too great for sales on the east coast I supppose. It remains to be seen how long it will last for the 997TT.

    And of course the Enzo thing is different as the car is on another level of exclusivity.

    - J

    Re: Will we see people filiping 997 TT 's

    Quote:
    OCEAN said:
    When the 997 TT comes out do you think there will be many people flipping their cars to get over sticker and if so how much over sticker ? Also can the actual dealer sell the car for over sticker ?



    It depends on the dealer and the country. My dealer for example never charges a premium for a new car but you can't expect a rebate either. German dealers aren't allowed to charge a premium over MSRP anyway, they could loose their license. I know that it is different with non-official dealers and the private market over here but the economic situation in Germany isn't the best and I'm not sure how many people would really pay premium over here for a car. It may be different in other countries, especially in the US but since the 997 Turbo won't be limited in production, I don't think that dealers would charge premium for a very long time. For most people, it will be difficult to put their hands on the first car(s) and the situation may be "bad" for 6-12 months, depending on the country you're living in. But after 12 months, I think that the 997 Turbo will be available like any other Porsche model. Porsche isn't really interested in "artificial" delays, the want to sell their cars and if demand is high, they build more. I think this is much better than to have to wait a year or two for a car.

    Re: Will we see people filiping 997 TT 's

    I don't think so . Even with the older 911s , most never flipped , they just went off the road backwards .

    Re: Will we see people filiping 997 TT 's

    Quote:
    RC said:

    It depends on the dealer and the country. My dealer for example never charges a premium for a new car but you can't expect a rebate either. German dealers aren't allowed to charge a premium over MSRP anyway, they could loose their license.



    Officially USA dealers are not supposed to charge a premiuum either. I believe their agreement with PCNA does not allow for them to sell the cars for over sticker price. Having said that, I think many dealers will try to pad the price of hot cars anyway. One other way dealers get around PCNA rules are to order loaded cars. Instead of allowing customers to order cars, they use their allocation to order very loaded cars for stock. That way the only cars they have in inventory or on order are cars with every option available. So, they can make more without getting in trouble with PCNA.

    Phil

    Re: Will we see people filiping 997 TT 's

    Quote:
    PS CA said:
    Quote:
    RC said:

    It depends on the dealer and the country. My dealer for example never charges a premium for a new car but you can't expect a rebate either. German dealers aren't allowed to charge a premium over MSRP anyway, they could loose their license.



    Officially USA dealers are not supposed to charge a premiuum either. I believe their agreement with PCNA does not allow for them to sell the cars for over sticker price. Having said that, I think many dealers will try to pad the price of hot cars anyway. One other way dealers get around PCNA rules are to order loaded cars. Instead of allowing customers to order cars, they use their allocation to order very loaded cars for stock. That way the only cars they have in inventory or on order are cars with every option available. So, they can make more without getting in trouble with PCNA.

    Phil



    That's not good news for a lot of people on the waiting list, then. They won't have the ability to order their cars the way they want.

    Re: Will we see people filiping 997 TT 's

    Quote:
    PS CA said:
    Quote:
    RC said:

    It depends on the dealer and the country. My dealer for example never charges a premium for a new car but you can't expect a rebate either. German dealers aren't allowed to charge a premium over MSRP anyway, they could loose their license.



    Officially USA dealers are not supposed to charge a premiuum either. I believe their agreement with PCNA does not allow for them to sell the cars for over sticker price. Having said that, I think many dealers will try to pad the price of hot cars anyway. One other way dealers get around PCNA rules are to order loaded cars. Instead of allowing customers to order cars, they use their allocation to order very loaded cars for stock. That way the only cars they have in inventory or on order are cars with every option available. So, they can make more without getting in trouble with PCNA.

    Phil



    And if dealer of certain brands can't sell over MSRP w/o jeopardizing future allocations , expect the $10K aftermarket wheel pkg that they will " discount " to $7K if you pay window sticker for the car today .

    Re: Will we see people filiping 997 TT 's

    Quote:
    SoCal Alan said:
    That's not good news for a lot of people on the waiting list, then. They won't have the ability to order their cars the way they want.



    The dealer that is closest to you does not do that. They probably use 90% of their allocation for customer orders.

    A dealer in the inland empire tends to use a large portion of their allocation to order loaded cars for stock. They tend to have cars readily available (loaded with every option) while the dealer close to you never seems to have much inventory since 90% of the cars that arrive are customer ordered cars. The dealer near you never charges over sticker.

    Phil

    Re: Will we see people filiping 997 TT 's

    The dealer can charge whatever they want ... I have been through this with PCNA before ...

    Re: Will we see people filiping 997 TT 's

    Quote:
    OCEAN said:
    The dealer can charge whatever they want ... I have been through this with PCNA before ...



    Maybe PCNA is not in a position of telling dealers what price to charge, but I have been told that they frown on dealers that charge over sticker price. There may be only so much PCNA can legally do (or threaten), but you can bet that a dealer that goes against their policies (official or unofficial) will find their allocation does not go up like it would with a cooperative dealer. My local dealer plays by all the rules and is constantly rewarded with an ever increasing allocation and extra cars sent to them from time to time.

    Phil

    Re: Will we see people filiping 997 TT 's

    Quote:
    edz61 said:
    I have seen Enzo's and Maclaren F-1's for over $1M in Newport Beach Ca for sale. The Carrera GT's when they 1st came out were going for $650,000. I don't know guys even if I had a $1M to blow on cars it would be on several cars not just one car. Buy the Ferrari 575M supermarica + 997TT and pocket over $500,000



    As someone who likes getting new toys frequently, always pleased to see "astute" guys willing to pay robust prices for used high-end cars......
    Enzos and Mclarens were cool in yrs back, but buying one today is like buying a 3-10 yo PC..... ....if one didn't have bucks for those cars when they were originally new and just released, just deploy capital/work rolodex to make sure one can get F600/Enzo 2.0, etc when those are released over next 12-18 mos....

    Personally, like to spec my new cars w/colors&stitching, options, etc of my choice, not someone else's...and getting a new car that goes directly from delivery truck to dealer prep and detailing to my "exuberant" use for 6-12 mos before trade-in is the ideal lifecycle for any car ....new cars off-dealer's lot/showroom or w/deliv mis are clearly sub-optimal....let alone a used car, no matter how expensive or rare....

    Re: Will we see people filiping 997 TT 's

    Quote:
    edz61 said:
    My personal opinion F50 is by far better looking than ENZO. Granted Enzo is a superb car but a bit ugly in the front. If you spend $1M on a car you house must be worth $15M+



    I'd bet median US Enzo owner's primary house is worth in $5-8MM range....lots of car guys aren't into $15MM+ houses....and lots of guys w/$15MM+ kinda houses aren't really car guys.....they just have a big Merc or two (and a driver in places like NYC) to look respectable.....

    Re: Will we see people filiping 997 TT 's

    Guys Enzo looks so ugly in the front, yes it's superb car but the front is a bit trans amish (please don't throw up it's just an obeservation). As for the spolier yes very nice by far better than the picnic looking table on the back of the GT3

     
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