Renegotiate pricing?

[tonyyang0420]

update: I picked up my car a few days ago and was able to get a very good discount from my dealer, it's definitely a buyers market right now and I think if you are looking to buy a new taycan now is a great time with all the incentives Porsche is putting now.



So I ordered my base taycan a few weeks ago with a 5% discount (freeze point was a week after my order date and projecting to deliver in December. My build was about $116k) But After doing more research and reading more about the market it sounds like I have definitely overpaid for the car. (Apparently people are getting over 10% off MSRP currently)

As part of the law in California (LA) my deposit is fully refundable until I take delivery of the car. Should I renegotiate with my dealer for a better deal? Is that something that’s possible to be done?

Updates: thanks everyone for ur input, I'm def gonna go renegotiate once it's closer to the delivery date and I can know for sure if it's getting delayed or not. I know for sure I can get more than the 5% because that was an easy negotiation, he offered 3% and I countered 5%, I know I can prob get to 6% that day but decided I was happy with the 5% but wasn't aware that 10% is the new norm now.

I'm not really considering a preowned car at this point just bc if im spending over $100k on a "toy", I kinda want all the specs on there, (I have my heart set on Neptune blue exterior and chalk interior) and haven't really found a car that matches what I wanted.

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[007]

So I ordered my base taycan a few weeks ago with a 5% discount (freeze point was a week after my order date and projecting to deliver in December. My build was about $116k) But After doing more research and reading more about the market it sounds like I have definitely overpaid for the car. (Apparently people are getting over 10% off MSRP currently)

As part of the law in California (LA) my deposit is fully refundable until I take delivery of the car. Should I renegotiate with my dealer for a better deal? Is that something that’s possible to be done?

On a custom order, might be hard to get much more. Although, seeing all the CPO deals out there, I personally wouldn’t buy new.

 

[TaycanCook]

I used to think that there is an element of relationship building here. During the covid supply crunch, it was abundantly clear it's not about relationships but mostly about market dynamics. Further, if your car is delayed into the following year, there is no price lock. We reap what we sow.

Tldr; yes, negotiate. I also agree with buying cpo.

 

[Hanny]

This is a can of worms……as a generalisation, is/will the car purchase process now include ability for every new order to be cancelled and then repriced if the is a new discount or price change!?

……I have my on opinion but don’t think the OP will like it!

 

[new2porsche]

So I ordered my base taycan a few weeks ago with a 5% discount (freeze point was a week after my order date and projecting to deliver in December. My build was about $116k) But After doing more research and reading more about the market it sounds like I have definitely overpaid for the car. (Apparently people are getting over 10% off MSRP currently)

As part of the law in California (LA) my deposit is fully refundable until I take delivery of the car. Should I renegotiate with my dealer for a better deal? Is that something that’s possible to be done?

Same boat as you, in CA and my car is supposed to deliver soon. A bit hard to stomach the sticker price but as others have said, it’s a custom order… so maybe a lease at MSRP is where we’ll land.

 

[Tucson_Jim]

No downside to renegotiating. If it were me, I’d cancel and go used. As others have said, it’s a buyer’s market. Doesn’t even have to be CPO. Get one within warranty and buy a Porsche Platinum extended warranty without the CPO certification hassle.

 

[RGBArgee]

This is a can of worms……as a generalisation, is/will the car purchase process now include ability for every new order to be cancelled and then repriced if the is a new discount or price change!?

……I have my on opinion but don’t think the OP will like it!

It will clearly depend on your dealer! I have had very mixed experiences with sales people in Porsche dealers. It seems odd that Audi will price protect on order and revise price down if incentives are available yet some Porsche dealers seem rather money grabbing and inflexible- others are brilliant fortunately!

 

[Caraholic]

Would just buy used CPO that’s turbo money on the used market.

 

[4thPcar]

I've pit one dealer against the other but only when I felt I wasn't being treated fairly. Did so for the last two Porsches I purchased and it worked both times. More importantly, i ended up with a more ethical dealer from what I could tell once I became a customer. I see you are in LA. You can DM me for the dealer that I ended up working with. The SA seems a good guy. Not too far a drive for you.

 

[Hanny]

It will clearly depend on your dealer! I have had very mixed experiences with sales people in Porsche dealers. It seems odd that Audi will price protect on order and revise price down if incentives are available yet some Porsche dealers seem rather money grabbing and inflexible- others are brilliant fortunately!

I think it all depends on their respective franchise arrangement/contract and the revenue to profit margins…… do they sell qty with less mark up or less units = higher price per unit. Notwithstanding that some dealers may have finance arrangements on their stock so may have time considerations on their stock.

Looking at the general feedback, looks like holding on to stock will be a gamble with valuations.

Another factor is type of purchase, for Salary Sacrifice in the UK, I’m sure it can only be new cars so used is not a consideration/viable.

 

[Torv]

So I ordered my base taycan a few weeks ago with a 5% discount (freeze point was a week after my order date and projecting to deliver in December. My build was about $116k) But After doing more research and reading more about the market it sounds like I have definitely overpaid for the car. (Apparently people are getting over 10% off MSRP currently)

As part of the law in California (LA) my deposit is fully refundable until I take delivery of the car. Should I renegotiate with my dealer for a better deal? Is that something that’s possible to be done?

I did exactly that — twice. I was first given a 5% discount, then about 6 months later I asked for an additional 4% discount because of a delay in delivery. Go for it!

 

[ssim]

10% off an order? That's too aggressive. We're not there quite yet, especially given your order hasn't been delayed and seems like a quick turnaround. 5% off an order is fair.

Now, if it's a leftover Turbo or oddly equipped 4S (inventory units), then I'd say go for the 10% or more. If you buy CPO, you'd get way more than 10% off, but then you're not getting the spec you 100% love.

Let me put this in perspective - I've been tracking discounts and dealers across the country for a while, not just for Taycans. The only time I've seen 8-10% off has been for Cayennes and Macans at the height of the pandemic (when so much was still unknown). Invoice is about 7%. The highest discount I've seen for an ordered Taycan RWD has been 5%.

 

[FrozenBerries]

Same boat as you, in CA and my car is supposed to deliver soon. A bit hard to stomach the sticker price but as others have said, it’s a custom order… so maybe a lease at MSRP is where we’ll land.

wondering if it might be worth negotiating for any extras instead on a custom order like extended warranty?

 

[Archimedes]

Just remember, in California the dealer can also pull the car from you at any time and sell it to someone else, so I’d think about what having your exact spec is worth to you before you start negotiating.

 

[Redhot2474]

I really can’t see how one can’t go used at this point, unless you like burning lots of $ - but that’s just me ?‍

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