RE: 'Porsche Passport' launched in USA
Discussion
maffski said:
SpeckledJim said:
I can't see how it stacks up.
$66.66 a day to rent a brand new Porsche, cleaned and serviced (and insured?) including delivery to your door.
How much does it cost to take a Porsche across Atlanta on a low-loader and pick up another one? If it takes an hour you've paid the driver $20 out of your $66.66.
Can't see it working at those prices
I suspect they are bargaining on most customers; once the novelty has worn off; sticking with their 'perfect everyday car' for most of the time and just switching a few times a month.$66.66 a day to rent a brand new Porsche, cleaned and serviced (and insured?) including delivery to your door.
How much does it cost to take a Porsche across Atlanta on a low-loader and pick up another one? If it takes an hour you've paid the driver $20 out of your $66.66.
Can't see it working at those prices
So it's $24,000 a year for a Porsche, including everything except fuel.
Could be very popular among those doing mega-miles. I bet lots of their cars will do 40,000+ miles a year. Ouch.
It would be informative to see what some UK prices are for this kind of thing.
I remember reading about someone on these boards who started up with one car and then built it up from there, to wind up getting owners to "donate" their cars. The owners get compensated of course. Its a way for them to get some money from their cars while they're not in use.
Anyway, besides where the cars are sourced from, I'd love to know what the cost structure is to the consumer.
I remember reading about someone on these boards who started up with one car and then built it up from there, to wind up getting owners to "donate" their cars. The owners get compensated of course. Its a way for them to get some money from their cars while they're not in use.
Anyway, besides where the cars are sourced from, I'd love to know what the cost structure is to the consumer.
SpeckledJim said:
I can't see how it stacks up.
$66.66 a day to rent a brand new Porsche, cleaned and serviced (and insured?) including delivery to your door.
How much does it cost to take a Porsche across Atlanta on a low-loader and pick up another one? If it takes an hour you've paid the driver $20 out of your $66.66.
Can't see it working at those prices
I think there's also a degree to which they are testing the market for autonomous cars being able to drive themselves wherever required. Effectively the only downtime apart from maintenance and washing would be while the car is driving itself to its next user. It also softens people's attitudes towards car sharing in general - something that will, I believe, become ubiquitous in future when you can buy a car and rent it back to the network to basically neutralise the cost completely.$66.66 a day to rent a brand new Porsche, cleaned and serviced (and insured?) including delivery to your door.
How much does it cost to take a Porsche across Atlanta on a low-loader and pick up another one? If it takes an hour you've paid the driver $20 out of your $66.66.
Can't see it working at those prices
Good idea in my view. Auto Vivendi do this with some success across multiple brands and that could be where OEMs struggle. Who would stick to just one brand when someone offers the same across brands/sectors? If I need to pop into London and park somewhere I'd rather be in an Up or a Fiesta but at the weekend I want something more fun...
It's an interesting concept, in a short time the majority have come from a buy car outright or on finance model to a PCP/Lease model, the next step is the Volvo one fee covers all (apart from fuel) example the other week.
We have 2 cars, the "fun" car does a lot less miles per year and only steps in when the workhorse is doing something else, would a scheme such as this make sense for those weekend drives and the odd commute here and there? Possibly
Could someone like Audi do something similar - pay a fee and it allows you certain points per month, whether you blow your points on a weekend in an R8 or whether you need an A3 for part of the month and an A4 Allroad for a weekend away and a TT convertible for another, it'll happen for sure and like someone said above it will probably work better where the car and people are in close proximity - being based in North Wales I don't think we'll see this here for a long while at least until we've got a Nando's within 25miles lol
We have 2 cars, the "fun" car does a lot less miles per year and only steps in when the workhorse is doing something else, would a scheme such as this make sense for those weekend drives and the odd commute here and there? Possibly
Could someone like Audi do something similar - pay a fee and it allows you certain points per month, whether you blow your points on a weekend in an R8 or whether you need an A3 for part of the month and an A4 Allroad for a weekend away and a TT convertible for another, it'll happen for sure and like someone said above it will probably work better where the car and people are in close proximity - being based in North Wales I don't think we'll see this here for a long while at least until we've got a Nando's within 25miles lol
If you think about how our lives have become consumption/on demand based, this sort of makes sense, however as others have pointed out, this will be offered at the high-end market first, as they will need to charge more to make it work for those further down the ladder.
I am however surprised Porsche would offer this, given they cannot keep up with demand...
G
I am however surprised Porsche would offer this, given they cannot keep up with demand...
G
This, further down the food chain will appeal to me massively.
I get bored of my cars easily, I don't want to be having bills crop up, I don't have time to be doing any maintenance myself so this is ideal.
If BMW or similar do this I would be VERY interested. Especially in any pilot they run in the UK!
If they could get the minimum term down or offer flexibility in terms of annual mileage and car groups or for BMW you could have non M or including M or M only etc then you would have a customer here.
I get bored of my cars easily, I don't want to be having bills crop up, I don't have time to be doing any maintenance myself so this is ideal.
If BMW or similar do this I would be VERY interested. Especially in any pilot they run in the UK!
If they could get the minimum term down or offer flexibility in terms of annual mileage and car groups or for BMW you could have non M or including M or M only etc then you would have a customer here.
It would suit me for 2 reasons .
I only want one main car between the wife and I and these is no single ideal one so the idea to change it as needed would be wonderful.
PCP deals don't suit me as I hate the idea of being locked into 1 car for 2 to 3 years and not being able to change if our circumstances change.
Personally the Porsche lineup is a bit limited and more than I would ideally want to spend so I'd prefer BMW/Audi/Merc for this but it's a good start.
I only want one main car between the wife and I and these is no single ideal one so the idea to change it as needed would be wonderful.
PCP deals don't suit me as I hate the idea of being locked into 1 car for 2 to 3 years and not being able to change if our circumstances change.
Personally the Porsche lineup is a bit limited and more than I would ideally want to spend so I'd prefer BMW/Audi/Merc for this but it's a good start.
LateStarter said:
It would suit me for 2 reasons .
I only want one main car between the wife and I and these is no single ideal one so the idea to change it as needed would be wonderful.
PCP deals don't suit me as I hate the idea of being locked into 1 car for 2 to 3 years and not being able to change if our circumstances change.
Personally the Porsche lineup is a bit limited and more than I would ideally want to spend so I'd prefer BMW/Audi/Merc for this but it's a good start.
How is the Porsche lineup a bit limited?! I only want one main car between the wife and I and these is no single ideal one so the idea to change it as needed would be wonderful.
PCP deals don't suit me as I hate the idea of being locked into 1 car for 2 to 3 years and not being able to change if our circumstances change.
Personally the Porsche lineup is a bit limited and more than I would ideally want to spend so I'd prefer BMW/Audi/Merc for this but it's a good start.
Junior sports car hard top
Junior sports car convertible
Sports car hard top
Sports car convertible
4 door Saloon
Junior SUV
Full size SUV
What's missing other than a 7 seater?
aaron_2000 said:
Roma101 said:
I can see how this is appealing.
However, the target audience is clearly well off people and above with too much money and time on their hands. For the average person (in the UK) and even the generally well off, £1,500 per month on car payments is a lot of money. How many people with finance deals pay that over two cars let alone one? You would have to have three nice cars to get to that in monthly payments or two very nice cars. Which then leads to the question of why bother with this scheme if you already have a few nice / very nice cars? A grand a month would probably be the tipping point for me.
Either that, or I'm not as well off compared to everyone else as I think I am!!
Exactly. This is for the very rich guys, maybe retired or don't have time to own/drive their own high end cars. It's easy enough to finance a Porsche for way under that, but good luck getting 8 for that a month. I see the appeal, but this isn't aimed at the average Joe. However, the target audience is clearly well off people and above with too much money and time on their hands. For the average person (in the UK) and even the generally well off, £1,500 per month on car payments is a lot of money. How many people with finance deals pay that over two cars let alone one? You would have to have three nice cars to get to that in monthly payments or two very nice cars. Which then leads to the question of why bother with this scheme if you already have a few nice / very nice cars? A grand a month would probably be the tipping point for me.
Either that, or I'm not as well off compared to everyone else as I think I am!!
If a 911 is USD150k list price (taxes are higher etc), it could be costing owners USD1k to USD2k per month to finance the car. Porsche are offering a lot of flexibility, for not much extra cash in that context.
Personally, I think its a great idea; its appealing to have choice within a range, rather than buying and owning one car.
If this scheme existed in the UK along similar lines I would sign up tonight.
I would be one of those who would technically abuse the system, as I do massive mileage and use my cars 7 days a week.
So assuming unlimited mileage I would find this incredibly cheap motoring.
I don't think Porsche would let me renew after 1 year though..........
I would be one of those who would technically abuse the system, as I do massive mileage and use my cars 7 days a week.
So assuming unlimited mileage I would find this incredibly cheap motoring.
I don't think Porsche would let me renew after 1 year though..........
It sounds too good to be true. Tool about in whatever new Porsche takes your fancy for £1500 a month, all-in (except fuel, of course).
That's £18k a year. Now try to do it yourself:
Insurance: Would set me back around £700.
Servicing: Let's say £600, plus another £600 for incidentals like brakes.
Tyres: Depends how you drive it and how far, but let's say a set lasts you a year, at £1000.
Garage: I'd no longer have to rent a garage at £160 a month, so that's nearly £2000.
Tax: Let's say £300.
Cleaning: Once a month at £20 soon adds up to £250.
That little lot nearly hits £5,500. Leaving £12,500 as the "rental" cost, or £35 a day. With no worries about it getting dinged in a car park, stone chipped, nicked, crashed into etc. Seems like a deal to me.
That's £18k a year. Now try to do it yourself:
Insurance: Would set me back around £700.
Servicing: Let's say £600, plus another £600 for incidentals like brakes.
Tyres: Depends how you drive it and how far, but let's say a set lasts you a year, at £1000.
Garage: I'd no longer have to rent a garage at £160 a month, so that's nearly £2000.
Tax: Let's say £300.
Cleaning: Once a month at £20 soon adds up to £250.
That little lot nearly hits £5,500. Leaving £12,500 as the "rental" cost, or £35 a day. With no worries about it getting dinged in a car park, stone chipped, nicked, crashed into etc. Seems like a deal to me.
Can really see the appeal with this programme, even if Porsche isn't the brand I'd be walking over broken glass to subscribe to. Paying a subscription but being able to change as needs suit is ideal - how many people have had to sell the P&J because circumstances have changed?
We go camping a lot, Cayenne would be ideal, or even the Macan? Weekly driver a Cayman would suit then at the weekends, a cheeky 911. Christmas time, back to the Cayenne for the visiting family. All this without leaving the brand.
I think it's a great idea. Now if only Tesla, Jaguar or Aston Martin could do the same (when the SUV comes out).
We go camping a lot, Cayenne would be ideal, or even the Macan? Weekly driver a Cayman would suit then at the weekends, a cheeky 911. Christmas time, back to the Cayenne for the visiting family. All this without leaving the brand.
I think it's a great idea. Now if only Tesla, Jaguar or Aston Martin could do the same (when the SUV comes out).
RacerMike said:
A lot of the car industry seems convinced that this is the next big thing. I'm genuinely interested to see if they're correct, however, I'm not so sure. Surely it's no different to leasing at the moment? Although that's popular, it's hardly taken over car sales has it?!
PCP has taken over in the UK, and for most brands over 75% of private purchases are financed in this way, leasing is less appealing to most people as there's less flexibility to get out early or buy the car at the end. One of the biggest problems for the motor industry now is that young people aren't into buying cars (in fact it's hard enough to get them to learn to drive in the first place), a scheme like this appeals to them as they're used to paying for everything monthly and gives them flexibility as well as the prestige of having a new car all the time. I guess the manufacturers would treat the cars like daily rental stuff, run it for up to 12 months or up until the first service is due, then push it through the approved used network and bring in another one.I was chatting with someone at work yesterday about this, he wouldn't do it as he likes the prestige of having his own car, I'd be signing up like a shot. At the moment I drive the car I need 5% of the time (a fairly large 7 seat 4x4) but given a chance I'd very happily swap it for an M140i as a daily, pick up a 220d cabrio for cruising down to the South of France in summer and jump back into a 2er GT xDrive for winter when we need the space for ski trips and the Christmas drive back to England.
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