RDH

so if I were the original purchaser of the car & I decided to lease it for 2/3 years at the msrp price, would I then be getting paid money monthly from the finance company because the residual value is 3 times the purchase price...

unotaz

Good question. I'm not exactly sure, but I think your residual would still follow the typical depreciation curve. However, when your lease is up, whoever owns the title, will cut you a big check because the value much higher than the residual.

neanicu

I bought it and totaled it,that's why it's gone. Now the insurance wants to give me 200K...

WernerE

I'm sure you're being facetious but in case you're not: The residual is a % based on MSRP, not Sales Price. Your monthly lease payment would likely be no different than any other 911. However, if FMV still holds, you would of course pay the residual to own the car at end of lease term.

STG

They're onto this thread. Obviously not good attention and took it off Autotrader and their website. That's unless someone here bought it!

How much more bad publicity does PCNA need with all these shenanigans??

Marvinta

It's naive to think PCNA give a crap. Their sales are great, their profit margins are great. The rest matters to you, not them.

STG

I agree, but in this case ... First 911R pops up for $1,000,000 at a NEW flagship dealership??? Optics aren't good on it. Soon, others will follow I'm sure.

robmypro

For $1 million I would rather have a 991 GT3, 991 GT3 RS and 997 GT3 RS 4.0. The only reason most would buy this thing is in anticipation of appreciation. At MSRP, yes. At $1 million, not sure how much appreciation is left???

JDHertz11

Well the dealer for one can care less. They're the ones that told me that they aren't lowering the price of an RS because someone was dumb enough to pay it... Half an hour away and I doubt I'll ever buy anything from them but then again The Collection is less than five minutes away and I feel the same way towards them too.

Archimedes

Pfffft. After capital gains tax, he's only gonna net a profit of about $600k. Needs to ask more...

WernerE

Actually, PCNA sales are flat for the year and in July, sales were down 18%.

STG

Correct. They have peaked for now after a huge run over the past 4+yrs. I'm predicting a downturn in sales and the economy.

Archimedes

You're cherry picking a month when Porsche was dealing with the changeover of two models to new cars and inventory was low. Prior to that, sales were up over 6% year on year. Need to wait until full year numbers are in until drawing any conclusions.

usctrojanGT3

They need to keep pumping out GT4s and RSs.

WernerE

I'm hearing August is worse than July. I do not think July will prove to be an outlier.