Onami

"Porsche plans to increase prices by 4% to 8% in the second half of the year for new models in the U.S. and Europe, Chief Financial Officer Lutz Meschke said on a call with reporters. He added that the company expects the base prices for its electric vehicles to be 10% to 15% higher than the corresponding internal combustion engine models.

“The expectation when it comes to the BEV transition is that we can achieve a very high price premium,” Meschke said."

tourenwagen

Ikone

Dang. Makes me even more happy that I got a late 2023 911 GTS allocation. Phew.

CZS

Exactly... My SA almost apologized that my allocation was a 2023 and not a 2024 at this point. I'm thrilled, lol.

alin2

I was talking to my SA last week and he intimated there was another price increase coming on top of the one from last month.

That makes it about a 10-18% increase over MY2023.

That probably won't dampen enthusiasm for the high end variants since that target audience is likely unfazed by the marginal increase.

But, I do wonder about buyers of, for instance, the base 992 which is getting pretty up there in price...

alin2

Exactly...super stoked to have locked in 2023 pricing...although it did make me go a little nuts on the options. Lol.

22992

$140k for a stripper S? I don’t know about that one. They may do it, but damn that’s a hard sell. If they increase the price hopefully they add a better base stereo and full leather.

Vicbastige

Does anybody know if the marginal price increases extend to the options too? I assume so, but curious to know for sure as. it is another way to add to the cost.

Go Bruins

It's funny that when I got my allocation in April 2021 for my Targa 4, the price for a base 911 had just cracked $100k for the first time. Now, two years later, it's at $114,400. Likewise, the cost of a Targa 4 is $14k more than my ride. So, with another mid-year increase, it looks like a base 911 will be $120k. Those are big increases in a short amount of time. No wonder my dealer is offering me over MSRP for my car when I bring it in for service. I politely tell him "no."

CZS

For the 2023 to 2024 increase (on the C2S at least) the options were unaffected.

nyca

This is going to be a $200K car in a few years, bank on it. People are piling in to get the last ICE (even hybridized) variants of it, through the 992.2 and into the 994. So Porsche is going to milk that. When the rug is pulled out and its forced to go all ICE, they will have to build a new customer base for the 911 anyway, so they are going to milk the current customer base for all they can get.

Dream in PTS

Yep.

Dream in PTS

Is anyone else betting it will be closer to the 8% side?

colnagoG60

Oh well, guess this makes my move to a 4.5 for my 981 GT4 way more appealing.

shrimp money

Seems like only base price of vehicle has increased the last two times they’ve done it b