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Old 10-15-2007, 12:52 PM   #32
Porscheectomy
 
Join Date: Mar 2006
Location: Seattle Area
Posts: 3,011
Quote:
Originally Posted by Perfectlap
When the 2nd hand market is afraid of buying your out of warranty Porsche, it affects/lowers the resale value. Lower residual values tend to scare off NEW buyers who don't feel like dealing with selling a car that everyone is scared of.
Not all new car buyers trade in their cars, some actually hate throwing away money.
A HIGHLY profitable company has it in their interest to throw out some good will. Promoting a new image of Porsche being a reliable 'exotic' car company that stands by their modern(liquid cooled) line of cars can only help the bottom line.
These stories of people buying their modern cars and getting the shaft does them no good. But when you consider the average income of a new Porsche buyer is well into the six figures, Porsche thinks it can put all their eggs in this high net worth basket and tell those in lower economies to have a nice day and don't let the service department door hit you in the ass on the way out. Porsche made that mistake back in the 90's when they sold less than 1,000 Carreras in North America in one production year.
I consider a car that is still selling for about 40% of it's original price after 11 years to hold it's value very well. I've got a '98 Mitsubishi that was $28k new, now it's worth about 17% of that. I see no evidence in the market that the RMS/IMS/ whatever else failures are effecting new or used Porsche sales or prices. I think the change from air to water cooling has effected used prices more than anything else by holding the air cooled cars above a normal depreciation rate.

Last edited by blue2000s; 10-15-2007 at 01:56 PM.
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