marcvv

Any ideas why Porsche Princeton has a 918 listed for so far and above market price at $2,650,000? It is a base non-weissach car with no options. Looking at cars.com there are plenty up there with more options and low miles for about half the price 1.3M to 1.4M ask. You think they are just using it as click bait? Been at the dealership for well over a year or maybe close to two now not selling. At the prices they have been asking they clearly have no desire to sell it or so it seems.

tmario

I'll take a shot...

Maybe a halo they have no intention of selling, just attracting buyers of other cars to their showroom?

Maybe they have a flock of uninformed, impulse buyers in the Princeton area?

With rates as low as they are, opportunity costs are non-existent so they can just sit out there with their "rare" (not really) car and wait for the unicorn buyer.

Doesn't make sense to me but exotic car sellers are not businesses built on doing any consistent volume. A one off transaction at a crazy price covers over a lot of sins.

my 0.02
Mario

brake dust

Will be interesting to watch the selling prices of the 918. Truly a hyper car. But with the VIP program not transferring, wonder how that will impact pricing in the short term.

parealtor

That car has sat in their showroom for close to a year

marcvv

About a year and a half now been on their showroom floor. Before that sat in their parent company floor since about November 2014 Manhattan Motorcars

https://www.carfax.com/VehicleHistor...CA2A11FS800297

spiderv6

Princeton always price high but that's insane.

I remember it being at $1.7 not that long ago - did they really jack up the price or a different car?

marcvv

It's the same car. No options at all either in this 918. Non weissach too. Me I'm auction last week a weissach highest bid was $1.6M. I'd imagine a no option non weissach would have been high bid a few hundred under that so Princeton is priced themselves out of the market. I believe they are using it for marketing and have no intention of selling it

991gtR

well i offered them what im willing to pay 1.3 mm anyone know any cars for sale?

marcvv

Sure. Go on cars.com. There are many there for sale right now. To give you an idea there is one for 1.3M at Mclaren Philly. Another at Porsche of Main line for $1.4M. 3800 miles and 800 miles respectively.

Another at Empire exotics for under $1.5 ask. Porsche of South Shore has a under 200 mile white for $1.5 ask.

I'm sure they will take 50k to 100k under ask on all these since they have been sitting on there for months not selling. I think the real market is as you say around $1.3M plus/minus depending on color/spec. Weissach's maybe a couple hundred more.

Princeton's car is non weissach and not a single option on it. A base MSRP 918 so not sure what they are smoking!

Link to Cars.com 918's: http://bit.ly/2gz1ajA