Pricing help with 2016 Cayenne GTS

[gator430]

I know we have some Porsche experts here with invaluable info on P cars. Lease on M5 is coming up so I'm looking between an X5M and GTS. I found a 2016 107K msrp with 300 miles on the clock. What kind of discount am I looking at? I'm thinking 15-18% should be doable.

Thanks in advance.

[Vic55]

Originally Posted by gator430

I know we have some Porsche experts here with invaluable info on P cars. Lease on M5 is coming up so I'm looking between an X5M and GTS. I found a 2016 107K msrp with 300 miles on the clock. What kind of discount am I looking at? I'm thinking 15-18% should be doable.

Thanks in advance.

I personally might be well informed when it comes to Porsche Turbo's but not Cayenne's. I would assume that the similar msrp to invoice gaps apply; so there is about 12% from msrp to invoice. The key here is how long has that car been on the ground, whats the allocation look like for the dealer, incentives if any, and general supply and demand economics within the area.

Because I don't know the market I'm not sure where the starting point would be. You could do some local price searches to see if any other dealers are discounting on their sites. Or use Truecar to see what the general pricing is as well.

[gator430]

Originally Posted by Vic55

I personally might be well informed when it comes to Porsche Turbo's but not Cayenne's. I would assume that the similar msrp to invoice gaps apply; so there is about 12% from msrp to invoice. The key here is how long has that car been on the ground, whats the allocation look like for the dealer, incentives if any, and general supply and demand economics within the area.

Because I don't know the market I'm not sure where the starting point would be. You could do some local price searches to see if any other dealers are discounting on their sites. Or use Truecar to see what the general pricing is as well.

Thanks Vic.

[fkim119]

15% is easily doable right now.

Anywhere between 15% to 20% should be end goal.

Dad just picked up a CTTS this week for 22% off. I just checked my dealerships website out here in LA but they don't have any 2016 GTS' left.... if they did I would of helped you out there.

[gator430]

Originally Posted by fkim119

15% is easily doable right now.

Anywhere between 15% to 20% should be end goal.

Dad just picked up a CTTS this week for 22% off. I just checked my dealerships website out here in LA but they don't have any 2016 GTS' left.... if they did I would of helped you out there.

Thanks fkim.

[alexc93]

Give Champion Porsche a call. My friend just picked up a Cayenne Limited Edition for $10k off sticker new. I assume similar % discounts would apply to the GTS models..

I can find out which sales rep he used if you need.

[M6-Coupe]

Originally Posted by Vic55

... The key here is how long has that car been on the ground...

That's the main key... dealers are willing to get rid of cars sitting on their lot for long time... They will even offer a huge discount below invoice for such a car... well except especial cars like GT3

[gator430]

Dealer wasn't willing to go more than 11k off which included 4500 conquest rebate. I told them make it 13k and we have a deal but they wouldn't budge. It's all good since I ended up with an x5m that is coming tomorrow.

[M6-Coupe]

Originally Posted by gator430

Dealer wasn't willing to go more than 11k off which included 4500 conquest rebate. I told them make it 13k and we have a deal but they wouldn't budge. It's all good since I ended up with an x5m that is coming tomorrow.

Actually 11K is ~10% which was not a bad deal but I believe you got a great decision to stay in M family Congratulation!
Personally I would pick X5/6 M over Cayenne GTS ... Turbo S might be different story...