Discounts from OPC
Discounts from OPC
Author
Discussion

jklondon

Original Poster:

50 posts

175 months

Monday 11th January 2016
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About to go looking for a second hand Cayman GTS or 911 from OPC. Wondering what sort of discounts people have obtained and any tips/tricks to help achieve it? Thanks in advance. JK

CayenneWkr

92 posts

132 months

Tuesday 12th January 2016
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Cash or finance?

Charlie1986

2,105 posts

164 months

Tuesday 12th January 2016
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If you can take the finance for the better discount then pay it off after words. You might not get much discount as OPC's normally don't move a lot from the sticker priced on used

Edited by Charlie1986 on Tuesday 12th January 10:47

CayenneWkr

92 posts

132 months

Tuesday 12th January 2016
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Do exactly that. I got a £2k deposit contribution when I said I was paying cash for my Cayenne.

finestjammy

741 posts

202 months

Tuesday 12th January 2016
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I purchased an 09 Cayman 987.2 S at the end of September. Sticker price was £30k. I got £2k off, new rear tyres (they were at 3.5mm), 2x Porsche Experiences at Silverstone, £500 more than WBAC on my part ex a thermos and two mugs smile

This was a cash deal.

JackReacher

2,274 posts

244 months

Tuesday 12th January 2016
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Related query, has anyone got discounts on parts from an OPC? Looking to get a different steering wheel and AUX in fitted to my Cayman 987.2.

finestjammy

741 posts

202 months

Tuesday 12th January 2016
quotequote all
JackReacher said:
Related query, has anyone got discounts on parts from an OPC? Looking to get a different steering wheel and AUX in fitted to my Cayman 987.2.
If you're a member of the Porsche Club GB you get 10% off all parts and accessories.

LordOfTheManor

1,274 posts

140 months

Tuesday 12th January 2016
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Hell would freeze over before my OPC would give any sort of discount !!evil

Jonny08

246 posts

131 months

Tuesday 12th January 2016
quotequote all
My advice to OP is obviously build a relationship with your local OPC as it's most likely where you will go for your servicing etc, but don't rely on them to find you a car with the spec and price that suits you. Use them to identify exactly what you want and then start ringing around the national OPCs to find the car you want for the price you want. When I did this I was amazed at how far some OPCs went to try and secure my business.

In terms of searching nationally, as a starting point, I'd recommend calling one of the Porsche owned centres (Reading, Bournemouth, Guildford?) and just call one centre from each of the Porsche franchised centres (Sytner, Stratstone, Dick Lovett, Jardine Motors, JCT600).

Also once you've finished haggling on the real price, try and ask them for a Porsche Experience Day as well in the deal smile

Good luck :-)

Edited by Jonny08 on Tuesday 12th January 20:45

threespins

833 posts

291 months

Tuesday 12th January 2016
quotequote all
I bought an 06 C4S in December two years ago. Got 3k off it, tyre pressure gauge, model car, and Silverstone Experience day. Cash sale and they wanted a deal done before New Year.

Seeker UK

1,443 posts

187 months

Tuesday 12th January 2016
quotequote all
threespins said:
I bought an 06 C4S in December two years ago. Got 3k off it, tyre pressure gauge, model car, and Silverstone Experience day. Cash sale and they wanted a deal done before New Year.
It all depends on the car, how long the dealer has had it, where you are in a quarterly sales period and whether the dealership is close to their quarterly sales targets.

LordOfTheManor

1,274 posts

140 months

Wednesday 13th January 2016
quotequote all
OMG! do you work in an OPC or just a bum licker !!

Jonny08 said:
My advice to OP is obviously build a relationship with your local OPC as it's most likely where you will go for your servicing etc, but don't rely on them to find you a car with the spec and price that suits you. Use them to identify exactly what you want and then start ringing around the national OPCs to find the car you want for the price you want. When I did this I was amazed at how far some OPCs went to try and secure my business.

In terms of searching nationally, as a starting point, I'd recommend calling one of the Porsche owned centres (Reading, Bournemouth, Guildford?) and just call one centre from each of the Porsche franchised centres (Sytner, Stratstone, Dick Lovett, Jardine Motors, JCT600).

Also once you've finished haggling on the real price, try and ask them for a Porsche Experience Day as well in the deal smile

Good luck :-)

Edited by Jonny08 on Tuesday 12th January 20:45

robgt3

2,587 posts

191 months

Wednesday 13th January 2016
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LordOfTheManor said:
If you want big discounts look at another marque just do not expect high residuals.

JackReacher

2,274 posts

244 months

Wednesday 13th January 2016
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It would probably help your cause if the car had been in stock for a while. When I viewed my Cayman it had been for sale for 2 months at £26k, I decided it was too expensive without really getting to the negotiation phase, a few weeks later they slashed the price to £22k and I went in and bought it. No doubt this was to sell quickly and get some new stock in.

Cheib

25,361 posts

204 months

Wednesday 13th January 2016
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Seeker UK said:
threespins said:
I bought an 06 C4S in December two years ago. Got 3k off it, tyre pressure gauge, model car, and Silverstone Experience day. Cash sale and they wanted a deal done before New Year.
It all depends on the car, how long the dealer has had it, where you are in a quarterly sales period and whether the dealership is close to their quarterly sales targets.
Indeed. There is no generic response when buying a used car! Main driver is definitely how long they have ha it in my experience, many dealers have a three month holding period.

Jonny08

246 posts

131 months

Wednesday 13th January 2016
quotequote all
LordOfTheManor said:
OMG! do you work in an OPC or just a bum licker !!
I don't even know why I'm satisfying you with a response, but no I don't, just personal experience in October. It was actually your favourite OPC that I found hard to deal with on price - They had a car that was almost the spec I wanted, but I thought it was over-priced. I told them what I was willing to pay, they said no chance. I found the exact spec car (and more) that I wanted elsewhere, told them, then they said I could have the car for the price I offered. At this point it was too late, I had found the spec car I wanted and for a price I was happy with. I would have been making sacrifices on spec by going back to your favourite OPC. Two days later, the car was up for sale for £1K less that was I was originally willing to pay!

And I must say, I have no issues with the team at your favourite OPC, they are all great. And I will absolutely be going back to them when I want to change my current car, even though they didn't sell it to me. I will be saying that they'll have to try harder on the deal to secure my business next time though smile

Edited by Jonny08 on Wednesday 13th January 10:41

robgt3

2,587 posts

191 months

Wednesday 13th January 2016
quotequote all
When any main dealer takes a new car in for stock it goes on a stocking plan ie it's financed. After so many days it will go fully paid. That is when you can expect to achieve some discount. The longer it remains in stock the more urgent it becomes to sell.
When a new car is sold with a part ex any profit the dealer has in the new sale is tied up in the transaction. All dealerships have a used car days in stock policy be it 30, 60 or 90. From a buyers point of view the knack is to acquire the days in stock information. Some franchises have a policy whereby all part exchanges go straight to auction rather than run risk of the vehicle not selling.
Where Porsche dealerships appear to have such an advantage is that most of their new stock is already sold in which case they have no reason to offer discounts which is fine because it leads to stronger residuals. This can go very wrong where the dealership expresses no interest or desire to buy in a part exchange thereby expecting the customer to sell it privately. I have found myself in that situation many times and always went to the trouble of explaining the no discount situation but always going to the trouble of offering what the trade trade were prepared to pay me for the car. If this offer is not being made I would advise that you walk as the dealer is just being idle ,lazy and downright arrogant

When you have a vehicle to p/ex the motor trade will all value it by the same means which is usually a Cap valuation ie based on auction price. When you are offered miles more by a dealer it is because of the discount that is being offered. I know of someone that was offered and given a £40,000 discount off a new £250,000 car. Sounds great, though what is it now worth in the trade a few months later ?
So to anyone looking to buy a new or used Porsche a bit of research will go a long way. If you find a car that you think might be suitable never appear to keen just let a bit of time elapse if it sells, well there are plenty more out there.


jklondon

Original Poster:

50 posts

175 months

Wednesday 13th January 2016
quotequote all
Interesting insights. Is here a way to figure out how long a car has been on market for, taken from point it gets uploaded to porsches used approved website? If not I guess with some coding this could be built... The OPCs would love that!

nw942

469 posts

134 months

Wednesday 13th January 2016
quotequote all
DVLA road tax checker may give you a rough idea.

Buster73

5,610 posts

182 months

Wednesday 13th January 2016
quotequote all
robgt3 said:
When any main dealer takes a new car in for stock it goes on a stocking plan ie it's financed. After so many days it will go fully paid. That is when you can expect to achieve some discount. The longer it remains in stock the more urgent it becomes to sell.
When a new car is sold with a part ex any profit the dealer has in the new sale is tied up in the transaction. All dealerships have a used car days in stock policy be it 30, 60 or 90. From a buyers point of view the knack is to acquire the days in stock information. Some franchises have a policy whereby all part exchanges go straight to auction rather than run risk of the vehicle not selling.
Where Porsche dealerships appear to have such an advantage is that most of their new stock is already sold in which case they have no reason to offer discounts which is fine because it leads to stronger residuals. This can go very wrong where the dealership expresses no interest or desire to buy in a part exchange thereby expecting the customer to sell it privately. I have found myself in that situation many times and always went to the trouble of explaining the no discount situation but always going to the trouble of offering what the trade trade were prepared to pay me for the car. If this offer is not being made I would advise that you walk as the dealer is just being idle ,lazy and downright arrogant

When you have a vehicle to p/ex the motor trade will all value it by the same means which is usually a Cap valuation ie based on auction price. When you are offered miles more by a dealer it is because of the discount that is being offered. I know of someone that was offered and given a £40,000 discount off a new £250,000 car. Sounds great, though what is it now worth in the trade a few months later ?
So to anyone looking to buy a new or used Porsche a bit of research will go a long way. If you find a car that you think might be suitable never appear to keen just let a bit of time elapse if it sells, well there are plenty more out there.
I looked at a new 991.1 late August , explained to the OPC that I was are of the new model being due and made a cash offer accordingly.

Small % discount offered .
Would register car then sell to me
Loads of demand for the na engine.
Can't register anymore cars as demos
Slightly better % offered.
Offered to pay on finance then cancel.
Buy at quarter end , met targets.

Tried everything to wangle a better deal but no go.

5 months later the car is still there.

Not exactly being swamped with customers are they.