What do you expect for $100K?
#1
RL Community Team
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What do you expect for $100K?
2009 C2S 101K miles
What do you expect of a car, dealership, maker, when you pay $100K or more?
Do you realize what these cars cost? Think of it in terms of the average American income..... or what a smart phone cost and the technology packed in there..... or whatever.... Heck, cars were a fraction of this cost, even when factoring inflation.
Are we getting value for the dollar? What is it we are buying anyway? Does a sports car configured suspension really cost that more than a Buick configured for a different target market?
Ya, sure, you wanted it, you paid for it, it was worth it by definition.... but really 100K?
Peace
Bruce in Philly
What do you expect of a car, dealership, maker, when you pay $100K or more?
Do you realize what these cars cost? Think of it in terms of the average American income..... or what a smart phone cost and the technology packed in there..... or whatever.... Heck, cars were a fraction of this cost, even when factoring inflation.
Are we getting value for the dollar? What is it we are buying anyway? Does a sports car configured suspension really cost that more than a Buick configured for a different target market?
Ya, sure, you wanted it, you paid for it, it was worth it by definition.... but really 100K?
Peace
Bruce in Philly
#2
No.
Porsche has been the most profitable brand as of late for a reason: people buy the label.
Sure, the 911 is a great car, but, aside from engine placement, it's not really that much different than any top-shelf German sports car. Under VW ownership, even more so. You can get a car of similar quality, performance and style for far less than you'd spend on a $100K 911. But a Porsche is a Porsche, and that's how they get away with charging you more.
There's a reason modern 911's take the same depreciation hit that all modern cars do, unlike in the air-cooled era: they're pretty much like everything else. And everything else is pretty much like Porsche. Except the name.
Happy to have one, but they're not that "special" these days, they just cost more; of course, speciality models like the GT3RS/911R etc., notwithstanding
Porsche has been the most profitable brand as of late for a reason: people buy the label.
Sure, the 911 is a great car, but, aside from engine placement, it's not really that much different than any top-shelf German sports car. Under VW ownership, even more so. You can get a car of similar quality, performance and style for far less than you'd spend on a $100K 911. But a Porsche is a Porsche, and that's how they get away with charging you more.
There's a reason modern 911's take the same depreciation hit that all modern cars do, unlike in the air-cooled era: they're pretty much like everything else. And everything else is pretty much like Porsche. Except the name.
Happy to have one, but they're not that "special" these days, they just cost more; of course, speciality models like the GT3RS/911R etc., notwithstanding
#3
Three Wheelin'
Bruce...I totally 'get' your question.
Comparing technology contained in a phone vs. that in a car is probably not an apples to apples comparison. Not dissing the safety standards that need to be met by all car manufactures globally, I think the US tends to define a lot of those standards and being one of the biggest car markets, manufactures have no choice but to comply. And then there are the lobbyists, who for personal gain, will sell redonculous ideas to the US senate and next thing you know there's a new bill that impacts cost for production.
Buddy of mine that drives a 991 GT3 was telling me that just the damn wiring harness in those cars is a significant component toward the weight of the car, mostly due to safety aspects that need to be met.
Comparing technology contained in a phone vs. that in a car is probably not an apples to apples comparison. Not dissing the safety standards that need to be met by all car manufactures globally, I think the US tends to define a lot of those standards and being one of the biggest car markets, manufactures have no choice but to comply. And then there are the lobbyists, who for personal gain, will sell redonculous ideas to the US senate and next thing you know there's a new bill that impacts cost for production.
Buddy of mine that drives a 991 GT3 was telling me that just the damn wiring harness in those cars is a significant component toward the weight of the car, mostly due to safety aspects that need to be met.
#5
Three Wheelin'
I would say yes. For my purposes. If it were just up to the performance value... sad to say but a modern 911 would likely get beat just as a performance per dollar proposition. There are other (lesser, imho) cars which present a greater value per dollar if based solely on performance numbers.
However, in my view, the reason I purchased the car doesn't much come down to anything tangible. It could well be rosey eyed and sophomoric but I prefer to think that a dollar value can't be placed onto some experiences. I'll continue to go to work and find ways of earning enough to support my drug addict-esque obsession with the "fix" of ultimate driving enjoyment. It started with a $5,000 miata and now I'm full blown. In any case.. the cost is nearly irrelevant as far as I'm concerned, as whatever the cost might be to the next progression of driving nirvana.. I'll figure out a way to earn it and find someone to buy the next fix from regardless. Of course.. all within reason as I prefer taking showers in my own domicile and not in a creek-bed
#6
Rocky Mountain High
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If I go into a Porsche dealer and start looking at new cars with a $100K price tag, I can tell you what I don't expect: a 911! The entry price for a 911 keeps going up. Sure, you can get a stripped down C2 under $100K. Once you load a car up with the options that you want (and that Porsche knows you want), you'll pay way more than $100K. So, what I expect for $100K is a well-equipped Cayman.
#7
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If I go into a Porsche dealer and start looking at new cars with a $100K price tag, I can tell you what I don't expect: a 911! The entry price for a 911 keeps going up. Sure, you can get a stripped down C2 under $100K. Once you load a car up with the options that you want (and that Porsche knows you want), you'll pay way more than $100K. So, what I expect for $100K is a well-equipped Cayman.
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#8
Instructor
Well since I bought a 2008 C2S Cab, LOADED 4 weeks ago with 4235 miles on her, I'd say it was a great purchase. $113,800 to the original owner $51k to me. Yeah I'd say it a great value for what I got if you consider I bought pretty much a brand new car.
#9
The MSRP of the 911 is designed to meet the affordability range of the target buyers. It's a marketing decision, car is built to that price point + desired profit margin. In 2016 your run of the mill doctor, lawyer, white collar professional, small business owner, can afford a $120k Porsche. I can't....but I'm perfectly content with buying that same car 4 years later for 60 cents on the dollar.
#10
I'm always baffled when I go into my Mercedes dealership and see a new S550 or a C63 AMG for less money than a nicely optioned 991 C4S at the Porsche dealer down the street.
#12
Burning Brakes
I was really surprised at how much "stuff" came standard on my AMG GT S, Canadian msrp is 149,000 and with some great options it finalized at 162k, a lot of car for that IMO
#13
Race Car
Porsche ownership includes the having the most successful race brand in history in your garage. I let the other guy make a mistake and sell his dream car to me for 50% of what he paid.
The only cars I buy brand new are ones like the 2016 Shelby GT350 - 57k. What the heck can you get today for that money? I put the new Grandsport Corvette in this category too.
Lucky for me my favorite 911 series has always been the 997, and the price is nice.
The only cars I buy brand new are ones like the 2016 Shelby GT350 - 57k. What the heck can you get today for that money? I put the new Grandsport Corvette in this category too.
Lucky for me my favorite 911 series has always been the 997, and the price is nice.
#14
Nordschleife Master
One learns in Finance 101 that goods are priced for what the market bears. End of question.