10-07-2014, 11:51 AM
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#1
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by Perfectlap
I think Porsche are slowly raising the prices of their new cars now that foreign markets have provided no shortage of wealthy buyers. They seem to be more interested in becoming the next Rolls Royce or Bentley while leaving the BMW, Mercs and Audis to fight over the people who scoff at a 20-30% price hike. They're after the buyer that has serious bank and flips their new car every year instead of every four. As a boutique brand they can afford to do that, not much risk because of their brand status and swelling ranks of multimillionaires and billionaires. Lot's of upside for Porsche to go way upstream.
p.s.
I don't think selling a entry level Porsche would have any impact on used Boxster prices. First of all there are a metric ton of water-cooled Boxsters/Caymans and Carreras. And that's before you even get to the Panas and Cayennes.
Right now on Autotrader there are over 3,000 996/997 and 991's up for sale. 996 Turbos are already into the $30k range which means they're already cheaper than what this new entry level Porsche would have cost.
With this kind of used Porsche inventory there simply will never be enough used car buyers willing to roll the dice on an out-of-warranty German car that requires expensive parts and specialized labor. Supply and demand will be out of balance for decades to come. Porsche are simply selling too many cars. And those air-cooled cars have become baseball cards on wheels, every time you put 10K miles on the odometer the owner feels the pinch so in the garage it stays on all but sunny days. Point is having lots of water-cooled Porsches available to us makes buying new kind of nuts to me, it's like burning hundred dollar bills with a cigar lighter. But that's just me. Be patient and you'll have any Porsche you want with all of the latest safety and performance. Just make sure its not PDK, those are going to be a nightmare to fix out-of-warranty.
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I think it is crazy to buy a new anything, but porsches really are good value, a 981 with the right options is competing against cars worth over double, the panamera is a bargain compared to the Rapide, The Macan is the bargain of the century. The only porsche that seems overpriced is a base 911, heck you can get a gt3 before you can get a few options on a base 911. So yeah they are good value compared to other cars on the market and the price hikes simply match inflation perfectly, put in the base price for a 986 into an inflation calculator and you get pretty close to a 981 base price, and I'd argue the 981 comes better equipped from the factory.
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10-07-2014, 12:12 PM
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#2
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Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
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Quote:
Originally Posted by BIGJake111
I think it is crazy to buy a new anything, but porsches really are good value, a 981 with the right options is competing against cars worth over double, the panamera is a bargain compared to the Rapide, The Macan is the bargain of the century. The only porsche that seems overpriced is a base 911, heck you can get a gt3 before you can get a few options on a base 911. So yeah they are good value compared to other cars on the market and the price hikes simply match inflation perfectly, put in the base price for a 986 into an inflation calculator and you get pretty close to a 981 base price, and I'd argue the 981 comes better equipped from the factory.
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Value is a very tough concept to gauge. It's different for everyone out there. Personally, I would never buy a Porsche new off the lot. It would stretch my budget just too much, putting pressure on my finances which would cramp my enjoyment of the ride. I would get better 'value' out of a high end Jetta for example. (now, if I ever win the lottery, look out!)
But I do see that Porsche's have the highest profit margins of all cars - that also tends to skew my opinion of their 'value' if buying new.
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
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10-07-2014, 12:37 PM
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#3
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by Giller
Value is a very tough concept to gauge. It's different for everyone out there. Personally, I would never buy a Porsche new off the lot. It would stretch my budget just too much, putting pressure on my finances which would cramp my enjoyment of the ride. I would get better 'value' out of a high end Jetta for example. (now, if I ever win the lottery, look out!)
But I do see that Porsche's have the highest profit margins of all cars - that also tends to skew my opinion of their 'value' if buying new.
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I wouldn't buy one new either, but a panamera is Cadillac money these days, and you can trust that if I was to buy one new, it would be the one with a headliner that won't fall.
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10-07-2014, 12:38 PM
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#4
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Registered User
Join Date: Sep 2013
Location: Chandler, AZ
Posts: 1,796
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New Porsches have never been a good value. The $55k base price for a Corvette is a good value and a $73.5k base price for a Boxster GTS is not.
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03 Carrera
02 Boxster S Guards Red, black interior with matching hardtop
89 Carrera 4
89 944 S2
78 911SC
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10-07-2014, 01:07 PM
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#5
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Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
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Quote:
Originally Posted by Porsche9
New Porsches have never been a good value. The $55k base price for a Corvette is a good value and a $73.5k base price for a Boxster GTS is not.
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We can't simply say Porsche is not a good value. For the many people who buy them, it is a good value. That's the thing - value is totally in the eye of the buyer.
I would never call a $55K Corvette a 'value'. To me, no chance. Lots of other vehicles out there that are a better 'value' at $55K.
But that's me. Everyone assesses value differently.
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
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