991 GT2 RS Added to PORS9 Registry
Franchise Dealers – How Much Over MSRP?
Build Stats + What are They Asking?
|
|
|
We quietly added the 991 GT2 RS to the PORS9 Registry two weeks ago (and will announce more models later this week – taking the PORS9 Registry to over 40,000 VIN’s). And in the meantime we have been collecting some early data which we wanted to share.
We thought the best place to start would be with Franchise dealers and their inventory. The model is new enough yet no longer hot enough that there is plenty sitting on their floors.
To start here are few facts for North America (subject to slight revision through the end of the year):
Estimated Total Production Sales North America = $435,388,986
1,281 Built North America = 100%
1,153 Built US = 90%
128 Built Canada = 10%
70 Base Models = 5.5%
1,211 Weissach Models = 94.5%
222 Paint to Sample = 17.3%
46 Currently for Sale at Franchise Dealers = 3.6%
First, we can say that if your 991 GT2 RS is a non-Weissach (Base) model it is far more rare. But on the other hand no one may want it because there is no premium for the Weissach Package. The vast majority produced were Weissachs!
Second, Paint to Sample (PTS) used be a highly coveted premium spec. But now it seems that PTS is just a matter of factory production capacity limits not limits set by the sales and marketing department to create desirability. Over 17% are PTS – unthinkable during the 997 era.
Third, while 9 months ago they were still flying off the shelves and all the discussion was ADM, they are now sitting and waiting for their prices to drop – and some dealers are clearly still drinking a lot of Kool-Aid.
Below is a table of the current franchise dealer offerings. Here are some summary stats:
Franchise Dealer Offerings Average Ask = $386,375
Franchise Dealer Offerings Average MSRP = $340,471
Franchise Dealer Offerings Average Ask Over MSRP = $45,904
If we remove the 5 outliers in the table below that are asking $100,000+ over (no one is paying that) the average ask over MSRP drops to $33,476.
PTS cars as a group are asking an average of $77,306 over MSRP but this is skewed by some bizarre outliers including an ask over MSRP of $266,050.
On the other end if we look at examples with 2,000+ miles the average ask over MSRP drops to less than $5,000.
In summary, it seems that with the 991 GT2 RS, at the moment, perception is not reality – at least for some Franchise dealers.
Ask |
MSRP |
Delta |
Base/Wei |
Color |
Miles |
VID Link |
$349,990 |
$334,330 |
$15,660 |
Weissach |
White |
4247 |
https://pors9.com/vehicleid/553398 |
$409,991 |
$339,930 |
$70,061 |
Weissach |
Racing Yellow |
16 |
https://pors9.com/vehicleid/553627 |
$419,991 |
$349,610 |
$70,381 |
Weissach |
PTS Non Met |
255 |
https://pors9.com/vehicleid/553272 |
$398,991 |
$353,160 |
$45,831 |
Weissach |
PTS |
2258 |
https://pors9.com/vehicleid/554071 |
$387,900 |
$356,660 |
$31,240 |
Weissach |
PTS |
815 |
https://pors9.com/vehicleid/553603 |
$457,410 |
$356,160 |
$101,250 |
Weissach |
PTS |
246 |
https://pors9.com/vehicleid/554128 |
$349,900 |
$327,340 |
$22,560 |
Base |
PTS |
185 |
https://pors9.com/vehicleid/554284 |
$389,900 |
$350,180 |
$39,720 |
Weissach |
PTS |
160 |
https://pors9.com/vehicleid/554062 |
$419,991 |
$358,140 |
$61,851 |
Weissach |
PTS |
155 |
https://pors9.com/vehicleid/553436 |
$439,395 |
$356,350 |
$83,045 |
Weissach |
PTS |
107 |
https://pors9.com/vehicleid/554306 |
$399,995 |
$355,790 |
$44,205 |
Weissach |
PTS |
41 |
https://pors9.com/vehicleid/553851 |
$619,230 |
$353,180 |
$266,050 |
Weissach |
PTS |
16 |
https://pors9.com/vehicleid/553947 |
$500,000 |
$353,620 |
$146,380 |
Weissach |
Miami Blue |
1504 |
https://pors9.com/vehicleid/554484 |
$383,800 |
$342,750 |
$41,050 |
Weissach |
Miami Blue |
74 |
https://pors9.com/vehicleid/554089 |
$364,995 |
$342,580 |
$22,415 |
Weissach |
Lava Orange |
31 |
https://pors9.com/vehicleid/554304 |
$314,900 |
$343,185 |
$(28,285) |
Weissach |
Guards Red |
10547 |
https://pors9.com/vehicleid/554255 |
$299,000 |
$329,080 |
$(30,080) |
Weissach |
Guards Red |
6112 |
https://pors9.com/vehicleid/554474 |
$349,911 |
$326,580 |
$23,331 |
Weissach |
Guards Red |
1148 |
https://pors9.com/vehicleid/554187 |
$339,000 |
$332,660 |
$6,340 |
Weissach |
Guards Red |
1141 |
https://pors9.com/vehicleid/553656 |
$352,991 |
$336,760 |
$16,231 |
Weissach |
Guards Red |
899 |
https://pors9.com/vehicleid/554115 |
$379,990 |
$332,490 |
$47,500 |
Weissach |
Guards Red |
828 |
https://pors9.com/vehicleid/553599 |
$399,995 |
$339,990 |
$60,005 |
Weissach |
Guards Red |
95 |
https://pors9.com/vehicleid/554290 |
$465,000 |
$340,890 |
$124,110 |
Weissach |
Guards Red |
88 |
https://pors9.com/vehicleid/554364 |
$367,790 |
$343,740 |
$24,050 |
Weissach |
Guards Red |
35 |
https://pors9.com/vehicleid/553890 |
$349,000 |
$343,900 |
$5,100 |
Weissach |
GT Silver |
681 |
https://pors9.com/vehicleid/553540 |
$389,995 |
$344,640 |
$45,355 |
Weissach |
GT Silver |
387 |
https://pors9.com/vehicleid/554151 |
$389,991 |
$345,000 |
$44,991 |
Weissach |
GT Silver |
290 |
https://pors9.com/vehicleid/553832 |
$355,000 |
$328,630 |
$26,370 |
Weissach |
GT Silver |
75 |
https://pors9.com/vehicleid/553920 |
$379,900 |
$342,670 |
$37,230 |
Weissach |
GT Silver |
30 |
https://pors9.com/vehicleid/553418 |
$339,950 |
$326,240 |
$13,710 |
Weissach |
GT Silver |
20 |
https://pors9.com/vehicleid/553783 |
$397,150 |
$331,100 |
$66,050 |
Weissach |
GT Silver |
15 |
https://pors9.com/vehicleid/554000 |
$399,991 |
$331,710 |
$68,281 |
Weissach |
GT Silver |
12 |
https://pors9.com/vehicleid/553837 |
$350,000 |
$329,570 |
$20,430 |
Base |
GT Silver |
10 |
https://pors9.com/vehicleid/554359 |
$352,885 |
$348,130 |
$4,755 |
Weissach |
Chalk |
1601 |
https://pors9.com/vehicleid/553517 |
$336,988 |
$325,920 |
$11,068 |
Weissach |
Chalk |
849 |
https://pors9.com/vehicleid/553424 |
$379,000 |
$345,585 |
$33,415 |
Weissach |
Chalk |
215 |
https://pors9.com/vehicleid/553413 |
$359,900 |
$326,170 |
$33,730 |
Weissach |
Chalk |
50 |
https://pors9.com/vehicleid/553742 |
$401,790 |
$335,740 |
$66,050 |
Weissach |
Chalk |
12 |
https://pors9.com/vehicleid/553552 |
$338,910 |
$337,860 |
$1,050 |
Weissach |
Black |
2904 |
https://pors9.com/vehicleid/553298 |
$367,620 |
$342,620 |
$25,000 |
Weissach |
Black |
2900 |
https://pors9.com/vehicleid/554522 |
$335,995 |
$331,930 |
$4,065 |
Weissach |
Black |
2546 |
https://pors9.com/vehicleid/553824 |
$355,000 |
$342,290 |
$12,710 |
Weissach |
Black |
590 |
https://pors9.com/vehicleid/553965 |
$389,995 |
$337,000 |
$52,995 |
Weissach |
Black |
252 |
https://pors9.com/vehicleid/553392 |
$399,000 |
$342,370 |
$56,630 |
Weissach |
Black |
144 |
https://pors9.com/vehicleid/553610 |
$415,900 |
$339,470 |
$76,430 |
Weissach |
Black |
16 |
https://pors9.com/vehicleid/554434 |
$429,220 |
$327,970 |
$101,250 |
Weissach |
Black |
10 |
https://pors9.com/vehicleid/554141 |
WANTED: Porsches for PORS9 Marketplace!
Join the PORS9 Email List!
|