Lots of brand new Porsches immediately available
Discussion
Sidsw said:
Did make me 
over my breakfast this morning,Is that Julia Colman looking rather hot?
In your dreams.Youforreal. said:
And I’m sure they will sell every last one
You are probably correct, as history has proven.Can’t speak for the EV market, which I don’t fully understand, but I’ve been a 911 customer since the late ‘80s and, yes, 911s always bounce back.
There have been numerous brief oversupply/reduced demand periods throughout its life.
Back in 1990, new 964s were selling at a premium, by 1991/2 the market was dead - just compare the number of G/H reg 964s with J/K reg.
Even 964RSs and Turbos only sold in small nos.
993s and 996s had their blips, 997s in 2008, too many 991s after launch in 2012 ……. Temporary blips - but also the best times to buy.
Of course anyone who bought high and sells cheap will get there fingered burnt, but longer term ownership of most models has proven fairly robust.
It’s a unique product that has retained good value, in an expanding market.
Porsche clearly feel they can charge more, and have taken the bold step of raising prices, which should in turn elevate its exclusivity.
In time, this could/should assist with residuals of the other earlier 911 models. So, existing customers shouldn’t feel too aggrieved just yet.
Geneve said:
Youforreal. said:
And I’m sure they will sell every last one
You are probably correct, as history has proven.Can’t speak for the EV market, which I don’t fully understand, but I’ve been a 911 customer since the late ‘80s and, yes, 911s always bounce back.
There have been numerous brief oversupply/reduced demand periods throughout its life.
Back in 1990, new 964s were selling at a premium, by 1991/2 the market was dead - just compare the number of G/H reg 964s with J/K reg.
Even 964RSs and Turbos only sold in small nos.
993s and 996s had their blips, 997s in 2008, too many 991s after launch in 2012 ……. Temporary blips - but also the best times to buy.
Of course anyone who bought high and sells cheap will get there fingered burnt, but longer term ownership of most models has proven fairly robust.
It’s a unique product that has retained good value, in an expanding market.
Porsche clearly feel they can charge more, and have taken the bold step of raising prices, which should in turn elevate its exclusivity.
In time, this could/should assist with residuals of the other earlier 911 models. So, existing customers shouldn’t feel too aggrieved just yet.
I suppose the thing that I think may be different here is that we’ve had huge price increases and also volume increases. 997 and 991 Porsche were making 30k 911’s a year, they’re making 50k plus 992’s a year. They make more 992’s than Taycan’s and about twice as many as 718’s….
Yes, but the market has also expanded - as it has for luxury goods in general.
A good example is Reg Nos. Prior to the early ‘90s it was only possible to purchase/transfer a reg no that had already been issued, and the finite number of interesting ones was pushing prices higher.
DVLA decided to capitalise on this by auctioning older style plates and also allowing customers to construct some of their own.
And, a lot of people predicted this would result in an oversupply and falling prices.
But, in fact, the market adjusted and expanded, and prices have risen.
Personally, I lament the days of Porsche exclusivity, where ownership was more special, but I do think the price rises will prove to be a sensible commercial decision and should benefit the 911 market in general.
A good example is Reg Nos. Prior to the early ‘90s it was only possible to purchase/transfer a reg no that had already been issued, and the finite number of interesting ones was pushing prices higher.
DVLA decided to capitalise on this by auctioning older style plates and also allowing customers to construct some of their own.
And, a lot of people predicted this would result in an oversupply and falling prices.
But, in fact, the market adjusted and expanded, and prices have risen.
Personally, I lament the days of Porsche exclusivity, where ownership was more special, but I do think the price rises will prove to be a sensible commercial decision and should benefit the 911 market in general.
Geneve said:
Yes, but the market has also expanded - as it has for luxury goods in general.
A good example is Reg Nos. Prior to the early ‘90s it was only possible to purchase/transfer a reg no that had already been issued, and the finite number of interesting ones was pushing prices higher.
DVLA decided to capitalise on this by auctioning older style plates and also allowing customers to construct some of their own.
And, a lot of people predicted this would result in an oversupply and falling prices.
But, in fact, the market adjusted and expanded, and prices have risen.
Personally, I lament the days of Porsche exclusivity, where ownership was more special, but I do think the price rises will prove to be a sensible commercial decision and should benefit the 911 market in general.
There are 2 sides to every transaction. A good example is Reg Nos. Prior to the early ‘90s it was only possible to purchase/transfer a reg no that had already been issued, and the finite number of interesting ones was pushing prices higher.
DVLA decided to capitalise on this by auctioning older style plates and also allowing customers to construct some of their own.
And, a lot of people predicted this would result in an oversupply and falling prices.
But, in fact, the market adjusted and expanded, and prices have risen.
Personally, I lament the days of Porsche exclusivity, where ownership was more special, but I do think the price rises will prove to be a sensible commercial decision and should benefit the 911 market in general.
A high market only benefits the seller. A low market benefits the buyer.
Chemical Ali said:
Koln-RS said:
Surely a ‘high market’ benefits the buyer when they become a seller.
In other words, it better protects the value of the product ?
Somehow porsche always seem to make you think your trade in is worthless, regardless of the market. In other words, it better protects the value of the product ?
PorscheDealer said:
“You see, there’s just no demand for cars in [expensive paint option the same dealer advised you to get 18 months previously], and without PREO* I’m afraid many discerning Porsche buyers will not look at your car. Why did you even buy it, you complete loser?”
*Porsche Ridiculously Expensive Option
*Porsche Ridiculously Expensive Option
I was changing my car every 2 years. I have solved the problem of depreciation with stupid tosser 22 year old dealer telling my car is now suddenly garbage (even though they have a similar one on the forecourt for 25k over mine), and the worry of 11.9% finance (which is a vw scam because they borrow at 4.5% off the ecb as a bank themselves).
Solution - keep the car you have. The new one is stupidly overpriced, only 3% better and will drop like a stone in value because they are oversuppied.
I surprised how well the scam porsche marketing works to be fair. Look at a carrera gts. What 140k? Stupid price. People should walk away. For some reason they believe the hype.
Solution - keep the car you have. The new one is stupidly overpriced, only 3% better and will drop like a stone in value because they are oversuppied.
I surprised how well the scam porsche marketing works to be fair. Look at a carrera gts. What 140k? Stupid price. People should walk away. For some reason they believe the hype.
breadvan said:
Several 992s on my watchlist have vanished simultaneously.
Don't worry, once the hybrid 992.2 arrives and everybody starts with the 'the 992.1 was the last ever pure ICE 911' diatribe - just like the 'last ever air-cooled 911' with the 993 - they'll all soon re-appear on the market with healthy price tags. 
Geneve said:
Yes, but the market has also expanded - as it has for luxury goods in general.
Fair comment. In the case of cars it expanded aggressively in terms of volume and price post Covid in a market where demand was combined with a lack of production enabling a massive ramp up in volumes and price to “feed the ducks”. Ducks have stopped quacking ?1
Cheib said:
Geneve said:
Yes, but the market has also expanded - as it has for luxury goods in general.
Fair comment. In the case of cars it expanded aggressively in terms of volume and price post Covid in a market where demand was combined with a lack of production enabling a massive ramp up in volumes and price to “feed the ducks”. Ducks have stopped quacking ?1
Again, hats off to porsche marketing.
The 2022-24 price increases/volume of new 992s are interesting reading this topic. Not sure if it is a recent phenomenon and where it’s going to end ?
Porsche to me at least, are in the middle of repositioning themselves as an really aspirational brand. From appealing to the potential BMW/Mercedes customer who pushes an extra 10-15% to buy a Porsche to a customer who wants to save 20% by not buying a McLaren/Ferrari.
Like the housing market when the prices of houses go up some folks like me sit still and are happy with what you have - nothing like a big mortgage to focus your thoughts.
Porsche to me at least, are in the middle of repositioning themselves as an really aspirational brand. From appealing to the potential BMW/Mercedes customer who pushes an extra 10-15% to buy a Porsche to a customer who wants to save 20% by not buying a McLaren/Ferrari.
Like the housing market when the prices of houses go up some folks like me sit still and are happy with what you have - nothing like a big mortgage to focus your thoughts.
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