Is the bubble about to burst?
Discussion
Does anybody think this could be Porsche hoping to mop up the premium on GT3's with new car sales ?
Yet on the numbers front, I know that OPC's handed back a lot of GT4 deposits.
And there is something lovely about the little Mezger engined 996 GT3's ... without all the bells and whistles to go wrong !
To me the real classics are the stripped out lightweights ...
Yet on the numbers front, I know that OPC's handed back a lot of GT4 deposits.
And there is something lovely about the little Mezger engined 996 GT3's ... without all the bells and whistles to go wrong !
To me the real classics are the stripped out lightweights ...
Sam All said:
If they only made 2500, they would make less than the 6000 they have made -they made more, departing from prior practise, for one reason - profit. And why not.
The extra cars took away production from other profitable 911s.
I think its more likely that they made 6000 to try and get some of the huge development costs back.The extra cars took away production from other profitable 911s.
I doubt there is much if any profit in these cars.
mollytherocker said:
Sam All said:
If they only made 2500, they would make less than the 6000 they have made -they made more, departing from prior practise, for one reason - profit. And why not.
The extra cars took away production from other profitable 911s.
I think its more likely that they made 6000 to try and get some of the huge development costs back.The extra cars took away production from other profitable 911s.
I doubt there is much if any profit in these cars.
The game is moving on, and very quickly too. McLaren is stealing sales, the new AMG's are awesome and Ferraris are not standing still. And the ACRs too.
I did the factory tour this week at Stuttgart and saw Carreas, Turbos, GT3 RS,Caymans, Boxsters on the production line, there was even a 911R outside ready for shipping.
The tour guide suggested that all sports cars are made in Stuttgart, while all the 4x4 and Panameras are built in Lepzig.
Weissarch is now for development and R&D.
The tour guide suggested that all sports cars are made in Stuttgart, while all the 4x4 and Panameras are built in Lepzig.
Weissarch is now for development and R&D.
Sam All said:
mollytherocker said:
Sam All said:
If they only made 2500, they would make less than the 6000 they have made -they made more, departing from prior practise, for one reason - profit. And why not.
The extra cars took away production from other profitable 911s.
I think its more likely that they made 6000 to try and get some of the huge development costs back.The extra cars took away production from other profitable 911s.
I doubt there is much if any profit in these cars.
The game is moving on, and very quickly too. McLaren is stealing sales, the new AMG's are awesome and Ferraris are not standing still. And the ACRs too.
Porsche seem to have noted and responded it ITS customers about what they want from a certain sub section of cars and fair play to them - it might actually bring customers to them if they are the only manufacturer offering NA and manual in the future.
I for one would never consider a new Ferrari, McLaren etc because they are only paddles and I don't want to drive a car with paddles. Just not interested at all so I would have had to find myself in older and older cars if manufacturers stuck to paddle only guns.
There is space for techno fest cars with hybrids, paddles, turbos etc and NA, manuals etc - I wonder if the marketing department at Ferrari et al will notice this and respond, especially if Porsche do really well (reputation and profit wise) by continuing with the dinosaurs.....
mollytherocker said:
I think its more likely that they made 6000 to try and get some of the huge development costs back.
I doubt there is much if any profit in these cars.
depends what you call profit, I bet the GT4 cost about £25k in parts and it sells for £75k or more.I doubt there is much if any profit in these cars.
development people are already on the payroll etc as is rent and all other costs, 95% of parts are from other cars, so the only new bit is a rear subframe bit on the GT4.
Of course they made a massive profit.
6000 cars x £75k is £450,000,000 for a GT4, or for the 991 RS £870,000,000, and £335,000,000 for the Spyder so a total for the 3 latest cars of £1,655,000,000 in sales with no discounts on RRP.
and you say no profit in it ! I am sure those figures with no profit would not get signed off lol !
Porsche911R said:
mollytherocker said:
I think its more likely that they made 6000 to try and get some of the huge development costs back.
I doubt there is much if any profit in these cars.
depends what you call profit, I bet the GT4 cost about £25k in parts and it sells for £75k or more.I doubt there is much if any profit in these cars.
development people are already on the payroll etc as is rent and all other costs, 95% of parts are from other cars, so the only new bit is a rear subframe bit on the GT4.
Of course they made a massive profit.
6000 cars x £75k is £450,000,000 for a GT4, or for the 991 RS £870,000,000, and £335,000,000 for the Spyder so a total for the 3 latest cars of £1,655,000,000 in sales with no discounts on RRP.
and you say no profit in it ! I am sure those figures with no profit would not get signed off lol !
Porsche911R said:
mollytherocker said:
I think its more likely that they made 6000 to try and get some of the huge development costs back.
I doubt there is much if any profit in these cars.
depends what you call profit, I bet the GT4 cost about £25k in parts and it sells for £75k or more.I doubt there is much if any profit in these cars.
development people are already on the payroll etc as is rent and all other costs, 95% of parts are from other cars, so the only new bit is a rear subframe bit on the GT4.
Of course they made a massive profit.
6000 cars x £75k is £450,000,000 for a GT4, or for the 991 RS £870,000,000, and £335,000,000 for the Spyder so a total for the 3 latest cars of £1,655,000,000 in sales with no discounts on RRP.
and you say no profit in it ! I am sure those figures with no profit would not get signed off lol !
I have no more facts than you on what profit has been made, and indeed in many ways, the Porsche accountants will decide what the profit is ie; where the multiple costs should be allocated. And that is a dark art. I control a number of P&L accounts myself for a large company and the allocation of revenue and cost can be an interesting pass time!
Its my hunch that there is little profit in these cars, nothing more.
mollytherocker said:
Porsche911R said:
mollytherocker said:
I think its more likely that they made 6000 to try and get some of the huge development costs back.
I doubt there is much if any profit in these cars.
depends what you call profit, I bet the GT4 cost about £25k in parts and it sells for £75k or more.I doubt there is much if any profit in these cars.
development people are already on the payroll etc as is rent and all other costs, 95% of parts are from other cars, so the only new bit is a rear subframe bit on the GT4.
Of course they made a massive profit.
6000 cars x £75k is £450,000,000 for a GT4, or for the 991 RS £870,000,000, and £335,000,000 for the Spyder so a total for the 3 latest cars of £1,655,000,000 in sales with no discounts on RRP.
and you say no profit in it ! I am sure those figures with no profit would not get signed off lol !
I have no more facts than you on what profit has been made, and indeed in many ways, the Porsche accountants will decide what the profit is ie; where the multiple costs should be allocated. And that is a dark art. I control a number of P&L accounts myself for a large company and the allocation of revenue and cost can be an interesting pass time!
Its my hunch that there is little profit in these cars, nothing more.
smudger911 said:
mollytherocker said:
Porsche911R said:
mollytherocker said:
I think its more likely that they made 6000 to try and get some of the huge development costs back.
I doubt there is much if any profit in these cars.
depends what you call profit, I bet the GT4 cost about £25k in parts and it sells for £75k or more.I doubt there is much if any profit in these cars.
development people are already on the payroll etc as is rent and all other costs, 95% of parts are from other cars, so the only new bit is a rear subframe bit on the GT4.
Of course they made a massive profit.
6000 cars x £75k is £450,000,000 for a GT4, or for the 991 RS £870,000,000, and £335,000,000 for the Spyder so a total for the 3 latest cars of £1,655,000,000 in sales with no discounts on RRP.
and you say no profit in it ! I am sure those figures with no profit would not get signed off lol !
I have no more facts than you on what profit has been made, and indeed in many ways, the Porsche accountants will decide what the profit is ie; where the multiple costs should be allocated. And that is a dark art. I control a number of P&L accounts myself for a large company and the allocation of revenue and cost can be an interesting pass time!
Its my hunch that there is little profit in these cars, nothing more.
These days used ones, excellent value and cheap.
if you think Porsche make no money on GT cars you are deluded ;-)
They claim the vat back on all costs they spend, and all over heads are already paid for.
So you might even say more profit in GT cars as free over heads covered in the normal cars.
As I said depends how you want to frig the figures.
to say very little profit on 1.6 billion sales seems nieve.
They claim the vat back on all costs they spend, and all over heads are already paid for.
So you might even say more profit in GT cars as free over heads covered in the normal cars.
As I said depends how you want to frig the figures.
to say very little profit on 1.6 billion sales seems nieve.
Porsche911R said:
if you think Porsche make no money on GT cars you are deluded ;-)
They claim the vat back on all costs they spend, and all over heads are already paid for.
So you might even say more profit in GT cars as free over heads covered in the normal cars.
As I said depends how you want to frig the figures.
to say very little profit on 1.6 billion sales seems nieve.
With all due respect, stick to talking about arbs and such on the 987 Boxster Spyder etcThey claim the vat back on all costs they spend, and all over heads are already paid for.
So you might even say more profit in GT cars as free over heads covered in the normal cars.
As I said depends how you want to frig the figures.
to say very little profit on 1.6 billion sales seems nieve.
Finance/commerce is not your strong suit.
swimd said:
Don't forget that a small profit margin for Porsche may still be a giant profit margin compared to the industry average.
Well summed up. Porsche's average margin is 18% in USD terms per car.http://www.bloomberg.com/news/articles/2014-03-13/...
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