evilfij

I doubt they are. They probably hedged. I don't know enough about the corporate entity, but usually they will hedge everything against their domestic currency.

carcommander

It the hottest and newest Porsche GT car. They will sell 500 or 1000 or however many they make. Even at MSRP I would and do have a 488. No 300K car makes any sense anyway.

Nizer

search is your friend for annual report. all is available.

Waxer

Many ways true as to $300K cars not making any sense. But in some respects it may depending on use and needs.

Also guys who can only afford a $60K GT350 that goes like snot can make the same argument as to a $200K+ car.

I think it's all relative.

Many here have way way more in cars than I and there are times I wonder why I have $650K ~ tied up in cars in my garage. Others here have that in one car and have many others but for me thats a butt load of money sitting in a garage.

Quikag

You do 5 year currency hedges? I didn't know that was really viable. I tried to do a CAD/USD hedge on a big construction contract in Canada and was told they were only really good for 12-18 month timeframes. Anyway, off topic.

On topic, I also believe Porsche is testing the market with their pricing and also trying to squeeze the flippers with the pricing of the 2RS. Also, the Weissach packages blows without the belts and bars.

Jimmy-D

You can do longer term currency hedges.

Petevb

Yes, across ~6 different currencies. We need to lock pricing for ~$500 million projects which can take 5 years to construct, though I don't know the mechanics.

nuvolari612

Key is to hang around other like nuts. High end goods the entire premise is for them not to make sense.

The RS is insane speed 720LT 488GTO Performante - track versions always hold better.

ipse dixit

I would get, but I just think it's fugly.

porscheflat6

FastLaneTurbo

My gripe is that on the GT3RS, GT Silver was a no-cost paint option, apparently in recognition of the owner already spending an additional $45K for the RS over the GT3. But now, despite the fact that the buyer is spending at least $150,000 more than the GT3 cost, we're being squeezed for an additional $4,220, 6 X the cost of the same GT Silver on the 2018 GT3-2!!!!! Where is the logic in that????

GrantG

Don't try to apply logic to Porsche's color strategy

Remember when regular Black was a very expensive PTS color on the 997 RS 4.0 and 911R, while it was free with every other model they made?

mcsmcs1

VAG has currency hedges that extend out as long as 6 years. Remember too that they employ natural hedges by producing in multiple countries. It is true that a currency forward contract locks in an exchange rate and doesn't allow them to profit from a favorable move in the dollar; however, they also utilize currency put options which do allow them to profit when the dollar rises in value. With the options, VAG loses the option premium on the unexercised contract, but they get the FX gain on the US dollar revenue.

ipse dixit

Aside from currency hedges, PCA also has to price the car to reflect the risks associated with each of the markets.

So, if we're talking the U.S., I'm sure some of the base MSRP of the GT2 RS (or any Porsche vehicle) builds in the risk of regulatory compliance (EPA, DOT, etc.) as well as legal exposure, which I believe may generally be higher than most first-world countries.

Jrtaylor9

Pretty sure black and white were std colors on 997 4.0. But I get the point.