Porsche Sales Down?

[CatherineJ]

I was in Porsche dealer yesterday having a very good chat with a salesman regarding a Cayman or Boxster.

I was quite suprised that he stated that Porsche were winding back production to protect residuals rather than churning out cars regardless of demand.

I have to say I was quite suprised when a Porsche dealer the day before wanted to give me more for my current car than they had been bid.

Certainly the lead times don't appear to have come down (still 3 months) and indeed the Cayman S is on 8 months.

I will be trying a Boxster S and Cayman S back to back next week and then making a decision on an order. I have to say I was quite taken by the Boxster in GT Silver with Cocoa Brown full Leather and Cocoa Hood.

Edited by CatherineJ on Sunday 23 July 10:21

Edited by CatherineJ on Sunday 23 July 10:22

[shoestring7]

He's a salesman, what did you expect him to say?

All the signs are that porsche are pushing for 100k sales p.a., and the 'new 928' & 'mini-Cayenne' projects mentioned in the press are part of a strategy to push past that number.

SS7

[triple7]

Nope you are right, Porsche are now having to fight for sales. But all the same how many have got money off list for a Porka recently??

G

[dazren]

CatherineJ said:

I was quite suprised that he stated that Porsche were winding back production to protect residuals rather than churning out cars regardless of demand.

I believe he/she said it. I just don't believe what he/she said.

Porsches are depreciating more than they have historically so to persuade customers to keep changing cars the salesmen are just telling customers what they want to hear.

DAZ

[paracetamol]

I think its all dealer dependent-some seem to be able to magic cars in in a couple of months and others quote long delivery times. However, gone are the days when you lost 3k a year on a Porsche. The problem is that the trade price to retail price margin is so high (becasue of their gin palace dealership sites) that the cars loose shed loads of money but appear to defy gravity becasue of the retail prices charged by Porsche Dealers. Add this to the fact that private buyers cannot/will not buy expensive cars privately then you cannot prevent this situation. Therefore buy a new Porsche and there is only two ways out-keep it for 5-6 years and let the depreciation settle and let it get to a price where private buyers become interested or PX it (for any brand-it will get underwritten by a Porsche main dealer anyway) and get £7k-10k less then the price at which it will eventually be retailed

[job38]

CatherineJ said:

I was in Porsche dealer yesterday having a very good chat with a salesman regarding a Cayman or Boxster.

I was quite suprised that he stated that Porsche were winding back production to protect residuals rather than churning out cars regardless of demand.

Edited by CatherineJ on Sunday 23 July 10:21

Edited by CatherineJ on Sunday 23 July 10:22

I'd ask him to write to you to confirm that
sniff, sniff, I smell BS.

Porsche, like BMW, MB VAG are going for volume.
They don't give a to$$ about residuals, because in their opinion thats 'our' (the customers) problem, not theirs.
Very short term vision in my opinion, Porsche should look at whet made them the most profitable car maker.

In addition, I give it 18-24 months before Porsche revise their warranty along the lines of BMW.
Lots and lots, and lots of 996's and 997's with RMS claims is not good for business.

All IMHO of course....

[anonymous-user]

dazren said:

CatherineJ said:

I was quite suprised that he stated that Porsche were winding back production to protect residuals rather than churning out cars regardless of demand.

I believe he/she said it. I just don't believe what he/she said.

Porsches are depreciating more than they have historically so to persuade customers to keep changing cars the salesmen are just telling customers what they want to hear.

DAZ

exactly my thoughts