New 718 refresh end of year

[Maxym]

Saw three 718s during a 90-mile drive yesterday. Common as muck.

[Bob-2146]

anonymous said:

[redacted]

[tedblog]

Porsche sold 246000 cars worldwide in 2018 ,24000 were caysters , slightly down from the year before .

Edited by tedblog on Monday 20th May 13:20

[j8bbk]

Yidwann said:

rockin said:

Any facts to back that up in the context of the overall sports car market?

Have a look at Jaguar F-type as well. They launched the 4-pot turbo version to increase sales, not reduce sales.

That was to introduce a cheaper entry point though wasn't it? Not something that the F4T 718 did.

It was to create a cheaper price point for countries with high car import duties and emission taxes. According to my friend at JLR, it hasn't sold very well in the UK.

[So]

Yidwann said:

So said:

That is my understanding. They were only a few hundred quid a month to get into. High GFV.

If this could happen with a GTS-6 then I am in in in.... whilst formulating how to keep it on the drive thereafter.

I don’t think it will.

They only did it with the 718 so that they sold some, because it allowed people into new Porsches who would not otherwise have afforded it, I think.

If the Cayster 6 is strong, finance will be back to normal I believe.

[Twinfan]

Are Porsche still offering the very high GFV or has that ship sailed now? Just wondering if it was a longer term strategy for Porsche 718 sales.

[anonymous-user]

anonymous said:

[redacted]

"If ifs and buts were candies and nuts we'd all have a merry Christmas..."

As I recall there was one quarter offering a 67% GFV then back to 60-62% fairly consistently, all at a rate of interest.

The one problem with a high GFV is you will be paying more interest overall on the higher balloon.

Flat/weak is a stretch. If you do the maths it appears they are actually selling more 718s than 981s. And apparently a stackload of 911s. Perhaps that was the strategy all along... ? Nice fat(ter) margins.

Edited by anonymous-user on Monday 20th May 13:31

[Krikkit]

A 1% variation in sales volume can't really be called significant imho.

[anonymous-user]

anonymous said:

[redacted]

Facts can be tricky things. All 986s were Boxsters so deceptive addition of the word "alone" is futile.

Cayman wasn't launched until 987.

[tedblog]

Sales of both cars arent that much difference. They sell/sold around 4 to 5,000 a year in europe. At such low volumes the % change is about 450 cars a year difference ! The 986/ 987 they sold nearly 10,000 a year on those figures sales of the 981/718 have dropped 50% over the years

Edited by tedblog on Monday 20th May 14:46

[tedblog]

Krikkit said:

A 1% variation in sales volume can't really be called significant imho.

Correct around 450 cars across Europe in a year.

[Twinfan]

So as I said earlier, the suggestion that 718s aren't selling is false. Also, sales may not be seen as disappointing if the target was to maintain a similar number of sales as previous generations and/or if the plan was to push buyers into 911s if they want a flat six...

[tedblog]

anonymous said:

[redacted]

But because you could only buy a boxster thats all you could buy . Surely the Cayman just splits the sales?

[tedblog]

anonymous said:

[redacted]

The figures do point to to it has split sales ? 986 10,000 a year to 987 high 12,000 first year then 4,5k of each thereafter

[julian718]

anonymous said:

[redacted]

My OPD (West London) quotes 6 months waiting list for a GTS build slot and that the Cayman range is their biggest seller. They sell like hot cakes.

[996Targa]

According to Excellence magazine (www.excellence-mag.com) "In 2017 Porsche sold 25,114 718 models and in 2018 24,750, these being the fourth and fifth best ever sales years for these models" i.e. Boxster/ Cayman.

2006 was the best year and first model year for the Cayman at 29,873 as against 35,505 911s. 2013 was second best at 25,704.

In the first year of Boxster sales it outsold the 911 18,817 to 17,896.

With the introduction of the 992 there must be some loss of synergy between the two model lines, part sharing, but I suppose they know all that!

[julian718]

Yes my OPD said the Cayman sells double what they sell of 911’s

[tedblog]

anonymous said:

[redacted]

Have a look on here http://carsalesbase.com/european-car-sales-data/po...http://carsalesbase.com/european-car-sales-data/po... european sales

[anonymous-user]

julian718 said:

Yes my OPD said the Cayman sells double what they sell of 911’s

Shhhhh! You'll only confuse people. It's much more fun to imagine the 4-pot is rapidly putting Porsche out of business. As we know, the roads are full of 6-pots from other manufacturers while 4-pot Porsches languish unsold on ebay with no bids, despite their 99p starting price.

[So]

julian718 said:

Yes my OPD said the Cayman sells double what they sell of 911’s

Is that because they are cheap on PCP and 911s aren't?

If you can get into a 718 for Golf money, and you don't need 4 seats, why wouldn't you?