How much deposit to put down.

[Manks]

Hi All

How much deposit is it normal to put down on a new Porsche, built to order, when the order is finalised?

Many thanks

[SFO]

10% of order value I think

[Zp]

I put down an initial 10% of purchase price for a factory order (including individual paint so not run of the mill) Alpina.

I only put down an initial £2k for my Spyder although that was a stock car, so I guess that was just a holding deposit.
10% is the norm isn't it?

Edited by Zp on Thursday 29th September 14:25

[RedSpiseeBalls]

I only put down initial £4k with rest to follow

[TheDeadPrussian]

'Normal' deposits are £3K on non GT cars (C2, C2S, C4, C4S), £10K on GT cars.
I put £2K on my Boxster Spyder
Not sure about the TT or Boxster/S.

[Peely]

Go on, someone ask him ........... go on, ask him ! ............ ask him !!

[smoores]

2K on a 2013 boxster s

[Rockster]

Manks said:

Hi All

How much deposit is it normal to put down on a new Porsche, built to order, when the order is finalised?

Many thanks

Generally, as little as possible. The more deposit the more leverage the dealer has over you.

When you finalize the order you should also finalize the price too.

Be sure you have some time limit on how long you'll wait for the car. In the USA the dealer can't be held responsible for instance if the factory shuts down, and ordered cars are delayed, but sometimes a dealer will order a car for one buyer then switch that order over to satisfy another customer. Or the car will come in and get snapped up by another buyer. Or the car comes in but the dealer shuffles the car off to another location (sometimes dealers have secondary car storage lots or underground or even rooftop car lots that can hold and hide stock) and let's you dangle in hopes you agree to pay more, get tired of the waiting.

If the car you've ordered is too wild then the dealer's probably going to want a big deposit to mitigate his risk if you back out of the car. He's left with a car optioned too far out in left field to sell quickly and for full price.

But if you order a car that's more in line with the majority of cars sold, then there's not need to put down a large deposit.

Smaller is better.

Sincerely,

Rockster.