You're mixing metaphors, so to speak. The article you posted is manufacture's profit, not the dealers profit. Totally irrelevant.Still significantly less than what Porsche makes for every car they sell.... "According to Bloomberg Businessweek, Porsche makes $23,000 on every car it sells, for a profit margin of 18 percent."
No so much. I configured a Macan S with the options I would want and the difference between MSRP and Invoice are within 1% of my $67,000 C7. Pretty much a wash, percentage wise.Yup but the principle is still the same... the dealer likely has a larger profit margin since there is a bigger window after all. I'm about to buy a new Porsche (Macan S I ordered) and the invoice vs. msrp is quite large when compared to the C7's invoice vs. MSRP.
YellowZ06, I know how you feel and I agree with your 10% fair profit but come on this is america and capitalism if you were a dealer and there is a demand you would try to squeeze as much profit out of that demand as possible? Am I right?Yeah the dealer also relies on financing and warranty sales. Not to mention service. This was in no means a bash on dealers, specially ones selling at MSRP. I just find it crazy that some want $10-25K over MSRP. I understand supply and demand and some will pay that but I believe 10% is fair.
Yeah I had more options and the invoice-sticker difference was creeping up towards 10K, although after alot of negotiating I was able to get 3K discounted... the C7 margins are indeed up there though, I agree.No so much. I configured a Macan S with the options I would want and the difference between MSRP and Invoice are within 1% of my $67,000 C7. Pretty much a wash, percentage wise.
BTW, the margin on a Corvette is one of the highest in the GM lineup. Almost 50% more than a similar priced Tahoe or Suburban. Corvette margins are much closer to Porsche, Audi and Mercedes margins than traditional GM margins.
There are two ways to look at it. If I were a small dealer and no hopes of ever growing a larger repeat customer Corvette base , than of course I would jack the price. But as like my business, I rely on repeat business and run MANY sales. Of course PER UNIT profit is lower but in the long run and end of year sales are MUCH higher than if I didnt lower cost.YellowZ06, I know how you feel and I agree with your 10% fair profit but come on this is america and capitalism if you were a dealer and there is a demand you would try to squeeze as much profit out of that demand as possible? Am I right?
Yep, you can build another car in the options lists with Porsche. LOL My wife once built a $100,000 Boxster on their site and that was when the base MSRP was $50K!!!!Yeah I had more options and the invoice-sticker difference was creeping up towards 10K, although after alot of negotiating I was able to get 3K discounted... the C7 margins are indeed up there though, I agree.
First year depreciation is a bitch. Even with the price increases a 2LT Z51 only costs the dealer about $56k (assuming no other major options) so while $50k seems a bit low it's not surprising.I just tried to trade my C 7 LT 2 51 package and clear top.
Dealer allowed me 50000.With 3400 mi.I don,t think I will trade.