RE: 'Porsche Passport' launched in USA

RE: 'Porsche Passport' launched in USA

Wednesday 11th October 2017

'Porsche Passport' launched in USA

New on-demand subscription service offers access to a range of cars for one monthly fee



The general consensus within the automotive industry seems to be that increased automation of vehicles will not only lead to fewer drivers of cars, but fewer owners of them too. The theory being that despite a vehicle ranking amongst the most expensive purchases a person will ever make, it largely sits unused. Finding a place to park it is a hassle, insurance can be costly, and maintenance burdensome; all for something the average owner likely spends no more than a few hours a week using.

As cars become autonomous though, users will be able to simply summon one when needed. It'll take you where you want to go and then pop off to collect its next passenger once you're there. Like Uber, without having to make small talk with the driver.


That's all still a long way off of course, but today Porsche has taken us a step closer to it becoming a reality with its new Porsche Passport programme. In a similar vein to Cadillac's Book service, Passport gives subscribers flexible access to a range of Porsche models to better fit their changing needs. Fancy a day trip to the countryside? Take a 718 Boxster. Need to pick up some friends from the airport? A Cayenne ought to do the trick. You get the picture.

There are two tiers of membership, dubbed 'Launch' and 'Accelerate'. For a monthly fee of $2,000, Launch includes on-demand access to eight model variants including the 718 Boxster and Cayman S, as well as the Macan S and Cayenne. Accelerate, meanwhile, includes that lot plus a further 14 variants such as the 911 Carrera S, Panamera 4S, Macan GTS and Cayenne S E-Hybrid. It costs $3,000 a month.


That may seem like a lot, but the price includes unrestricted mileage, tax and registration, insurance, maintenance and vehicle detailing. And access to a lot of very good cars too. The pilot program is up and running in Atlanta, with prospective members able to sign up now via the Porsche Passport app, and car deliveries beginning in November. Once fully underway, users will be able to schedule same day or future vehicle exchanges through the same app, with cars collected from, and dropped at, a location of their choice by a white-glove delivery service.

So, is it something you'd be interested in using were it to come to the UK? Is there another manufacturer you'd prefer to see offer a similar service? Or will you only ever use a car you've bought from the classifieds with cold, hard cash? As always, let us know what you think in the comments section below!

 

Author
Discussion

NJJ

Original Poster:

432 posts

80 months

Wednesday 11th October 2017
quotequote all
This will be very appealing to a lot of high-net worths and I can see many luxury brands going this way. Automotive status in the future will be dictated by what type of autonomous car(s) you will have access to.

NJJ

hondansx

4,569 posts

225 months

Wednesday 11th October 2017
quotequote all
Good idea; would suit me perfectly.

GiveItSomeWellie

3,007 posts

196 months

Wednesday 11th October 2017
quotequote all
Is there a minimum and/or maximum term?

Ares

11,000 posts

120 months

Wednesday 11th October 2017
quotequote all
Chatting to a friend over the weekend on how this model was surely only months away - perfect solution to car ownership for many, especially once it becomes multi-brand.

Imagine having a scheme where say £500/month got you X credits per month to use, timeshare style.

Different cars had different credit values, so you could have a supermini for routine pottering, an SUV when you needed practicality, or store credits up and have a sportscar/supercar for the weekend, but on the days you didn't need a car, you didn't use any credits.

Roma101

837 posts

147 months

Wednesday 11th October 2017
quotequote all
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!!

SpeckledJim

31,608 posts

253 months

Wednesday 11th October 2017
quotequote all
This sort of thing already exists.

The problem is having sufficient customers close enough to wherever it is that the cars are stored.

If the customers have to get to you, in order to get their car for the day, then that's a pain for them. But if you have to take the car to the customer, then that's a major cost for you.

I think that's why it has only worked so far for high-value supercar clubs, where the cost per day is high, and the number of days used is low.

Harry_mac

350 posts

99 months

Wednesday 11th October 2017
quotequote all
This only makes financial sense if you tan the absolute F***k out of it, using 3/4 different cars a week and doing loads of miles, otherwise your 3k per month is much better spent on finance or depreciation.

This would make more sense if you simply paid per mile or hour you used, otherwise the argument saying "you're paying a lot to have a car sitting doing nothing" still stands

David87

6,650 posts

212 months

Wednesday 11th October 2017
quotequote all
Can't wait for the usual suspects to turn up and moan about this one. Surely this is even worse than leasing in their eyes? biggrin

Lordglenmorangie

3,053 posts

205 months

Wednesday 11th October 2017
quotequote all
Will this depress the used Porsche market when cars are sold off ?

SpeckledJim

31,608 posts

253 months

Wednesday 11th October 2017
quotequote all
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

Nickbrapp

5,277 posts

130 months

Wednesday 11th October 2017
quotequote all
If you can't afford to buy the car CASH you shouldn't be renting it.

Ares

11,000 posts

120 months

Wednesday 11th October 2017
quotequote all
Nickbrapp said:
If you can't afford to buy the car CASH you shouldn't be renting it.
Used notes, held in a rubber band, gypsy style...etc.

Meanwhile in THIS millennium.....

sc0tt

18,037 posts

201 months

Wednesday 11th October 2017
quotequote all
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
Well it is $350 per day to rent a Porsche from Enterprise in Atlanta.

anonymous-user

54 months

Wednesday 11th October 2017
quotequote all
Nickbrapp said:
If you can't afford to buy the car CASH you shouldn't be renting it.
Numberwang!

SpeckledJim

31,608 posts

253 months

Wednesday 11th October 2017
quotequote all
sc0tt 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
Well it is $350 per day to rent a Porsche from Enterprise in Atlanta.
I can believe it.

I don't think it stacks up from the business POV. Seems a terrific deal from the customer POV.

jamiebae

6,245 posts

211 months

Wednesday 11th October 2017
quotequote all
Cadillac already offer something similar in New York. With their scheme you're limited to 18 (I think) car swaps per year which deals with the logistics costs to some extent. I think it's a really cool idea and although it's expensive it isn't ridiculously so - as it includes insurance and maintenance as long as you're making enough use of the car and it isn't just a weekend toy I expect it's only a few hundred a month more than running your own Macan S or Cayenne over a two year period.

In Switzerland car sharing is very popular and the Swiss railways operate a scheme, there are thousands of cars around the country and you pay per hour & KM but it does get expensive very fast so isn't practical except for occasional trips. The subscription things seem to be a much better idea for people who commute by car. It also allows the OEMs to control used supply and make sure the right cars are being put on the fleet to maximise residual values when they're sold on.

maffski

1,868 posts

159 months

Wednesday 11th October 2017
quotequote all
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.

Steve7777

236 posts

149 months

Wednesday 11th October 2017
quotequote all
If you could do it for a single month and do a big trip round Europe it would be a very good deal.

aaron_2000

5,407 posts

83 months

Wednesday 11th October 2017
quotequote all
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.

GranCab

2,902 posts

146 months

Wednesday 11th October 2017
quotequote all
It's the Enterprise Car Club for Poseurs Porsches ...

https://www.enterprisecarclub.co.uk/gb/en/home.htm...