white6speed

Looks like projections are 10-15% depending on factors like hybrid or not. Porsche's CFO is looking for more profits and ADM's in at least the US substantially indicates a willingness of the customer to pay more.

Angryinch

Ya I guess Porsche will want to eat those ADMs up, at least I would if I was Porsche. The dealer is making a healthy margin, adding in the ADM, they're raping and pillaging.

3-Pedals

Where are those projections coming from?

shrimp money

"The cheapest Porsche money can buy in the United States right now is the base Macan at $57,500 while the most expensive of the lot is the 911 Sport Classic at an eye-watering $272,300. Price hikes across the board are coming soon as part of a plan to further boost profits. During a call with analysts, the head of finance Lutz Meschke said "significant price increases" are planned to come into effect in mid-2023 for the 2024 model year."

Porsche Warns Significant Price Increases Planned For 2024MY Cars (motor1.com)

Angryinch

And inflation continues to cruise!

chance6

Ummm… link to Information? WTF
oh I see it now. Still, WTF

As an add-on, Porsche will do this with an increase in performance. This happened with the GTS last year.

crazyrob

So this price increase bodes well for current owners as well I would think. Did the value of my 22TTS just go up with this announcement?

thecutter64

if you own it, it’s value is the same . It’s not a ****ing stock

crazyrob

When trying to provide a douche response you should work on your punctuation.

There is no space between the last word in a sentence and the period. It would also be helpful to use a period on the second sentence.

Jrs146

My Turbo S is a stock car. I have not added any aftermarket parts!

PHX

You forgot "its" and "it's" usage as well.

Anyway...I wouldn't think the value would go up, however if it did go up a small amount that would be bonus points! If one was selling, that is.

Personally, I depreciated my car's value to zero the moment I drive it off the lot, so when and if I do sell it, it is like a windfall stock! LOL.

Johnauto

What do people expect for 911 price increases for model year 2024, 10-15%?

Engro

10% or under and let’s be honest that is not stopping demand. Even if 10% that is 20k + which is substantial considering .1 already went up between MY 21-23. I can already see someone asking what is market ADM for .2 TT/TTS and that would be exactly 0

thecutter64

ADM will exist on top of the additional 10-20%

chance6

If so then supply is still restrained. Then you may be getting some very p*ssed off people that may leave Porsche and never come back.