^This 1,000% Best comment so far on this thread!

 

drive it and enjoy it,,ive quit thinking of trading up from my 17

 

I believe I read VW sources some of their wiring harnesses from Ukraine as well and is impacted.

 

My 17 will be around for a while, trading up for a Turbo on hold.

 

./.

 

I've had only one nibble selling my 2012 991.1 Carrera S with tons of mods, and that buyer said mine was priced fairly, but the other one he found would not require shipping. Otherwise, crickets.

 

Once again, no one is saying new car prices are coming down. I talked to my SA yesterday asking if anyone has cancelled any 911 allocations recently and he said no, but people have been cancelling Macan, Panamera, and Cayenne allocations. However, do a quick search on Cars.com, CarGurus, etc and you'll see prices falling on used 991s. We're finally seeing C2 7MT in the $90's which we haven't seen in over a year. Cars are going RNM on Ebay and BAT. This means nothing to those that own and enjoy a 991, but it means a lot to those that are looking.

 

Consumer spending is down .3% for May, June will be even more. What I think many are missing is the fact that when bank rates increase so does adjustable interest fees on credit card balances, home equity loans, car loans, etc. do as well causing yet another burden on the consumer which will ultimately negatively impact the consumer as its costing them more for the same life style. If it's true that Porsche is already seeing cancellations in the Macan, Panamera, Cayenne (the autos that are selling the most for Porsche) then my point is spot on. Look at FB marketplace....your seeing car prices reduced...IF...the car even sells! I saw a Ferrari F8 (FB) with 300 miles today and the pricing is already reduced to $480k down from $540k...

 

Is there a way to search price TRENDS on those sites?

 

The Feds just raised it biggest interest hikes....so definitely will see this affecting the P market and other markets as well.

https://www.cnbc.com/2022/06/15/real...onference.html

 

The only P car prices being reduced are those that were ridiculously over-priced to begin with. That's not really a trend yet so much as realization that some people were attempting to be way too greedy...especially dealers. My local dealer has a $100k ADM on a 992 GT3, $65k ADM on a 992 Turbo S, and $30k ADM on a Carrera 4 GTS. However, I don't see realistic used car prices dropping at all yet.

 

​​​​​​​Wow talk about a pig at the trough......

 

I read something yesterday that stated to fight high gas prices buy an electric car. That’s the resolution being pushed in the media.

Depending on your income, most folks are already strapped, but they’re being told go buy a brand new electric car with very high interest rates? A car they couldn’t afford anyway.

Not to mention net net it wouldn’t theoretically offset high gas prices anyway.

Just baffling.

Anyway, the higher interests rates alone will cool off Porsche prices.

I don’t really care, I feel pretty lucky to own a beautiful ‘18 CS2 that’s under CPO until 2027.

She’s staying with me until then or thereafter.

 

Yeah, it's funny that they are pushing this narrative. 99.9% of the customers who buy EVs and Plug-Ins from us are high income earners (many are millionaires) who could easily afford a 10mpg car. They mostly work in tech and buy green cars because that's what all their buddies are buying. We recently had a guy who is pretty high up at nvidia who was proud to have one of the first in his work parking lot

 

SO...a virtue signaller?