992 - 2025 Price increases
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chance6 (03-06-2024)
03-06-2024, 07:00 PM
#32
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Porsche corporate is strangling its golden goose. At some point, even brand loyalists will have had enough of the price gouging and dealer shenanigans and start looking elsewhere.
03-06-2024, 07:11 PM
#33
Lamborghini, Ferrari, and Mclaren are priced higher. BMW and Mercedes are inferior to Porsche. I think they have 911 fans right where they want them.
03-06-2024, 07:29 PM
#34
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It is call Capitalism. If you are selling every 911 you can make why wouldn't you keep rising prices to increase your profit. Sure inflation is a factor but look at Porsche profit per vehicle. Also the stock market has been on a tear since 2008 the longest running bull market maybe in history. People have made a ton in the market which makes the price increase virtually insignificant...
Yet all good things can also turn the other way, and that is usually very quickly. I stay away from margin and keep plenty of safe liquid assets.
03-06-2024, 07:58 PM
#35
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Exactly. There are many MY20-21 992's around with low miles and much more affordable than a new car, with original factory warranty remaining plus CPO. Much better buying than a new 992.1.
03-06-2024, 08:06 PM
#36
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Headline inflation is always an average, rents in the US are running at most like 6% and services around 5%. Energy on the other hand, -4.5% YOY.
03-06-2024, 09:36 PM
#39
Everything will keep moving upward.
I remember in 1999, my parents bought the new Lexus RX300. It was $38k at the time, and I thought we were ballers.
A Honda CRV is $38k now.
What used to be $6k for a reliable used car for a teenager pre Covid is now like $12k.
Just ask yourself, will governments keep printing money, if yes, then yes, things will go up.
I remember in 1999, my parents bought the new Lexus RX300. It was $38k at the time, and I thought we were ballers.
A Honda CRV is $38k now.
What used to be $6k for a reliable used car for a teenager pre Covid is now like $12k.
Just ask yourself, will governments keep printing money, if yes, then yes, things will go up.
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03-06-2024, 10:12 PM
#40
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There are no 911's available yesterday, today, or before the 992.2 is released. They are sold out.
I have an allocation for a 2025-2026 Porsche Turbo in a ~year (the Turbo/GT3 will be made a year longer than the regular 911's)..
03-06-2024, 10:33 PM
#41
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That may be true in CA but not so in the Atlanta area. The car is less expensive here as our taxes are lower. Plus, we don't have expensive Malibu beach properties to maintain. We don't even have a beach.
There are no 911's available yesterday, today, or before the 992.2 is released. They are sold out.
I have an allocation for a 2025-2026 Porsche Turbo in a ~year (the Turbo/GT3 will be made a year longer than the regular 911's)..
There are no 911's available yesterday, today, or before the 992.2 is released. They are sold out.
I have an allocation for a 2025-2026 Porsche Turbo in a ~year (the Turbo/GT3 will be made a year longer than the regular 911's)..
03-06-2024, 11:44 PM
#42
Update: my wife pointed out that I had pizza last night, so I had the hot dog. Sorry if I let anyone down.
03-07-2024, 12:03 AM
#43
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Of course it will be my favorite. Why else would I buy one? I may or may not trade my older one in?
You guys can buy the new Porsche 911 Hybrid to test it. It may be like the Taycan and be a major failure? It could also be a nice heavier and more expensive 992.1? They will be here late this year.
You guys can buy the new Porsche 911 Hybrid to test it. It may be like the Taycan and be a major failure? It could also be a nice heavier and more expensive 992.1? They will be here late this year.
03-07-2024, 08:12 AM
#44
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i see they hired a new customer related executive in NA. hopefully this person can get to work on the many issues buyers face here in the states (and other areas). who knows though, maybe she will be an empty suit ...
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gcurnew (03-11-2024)
03-07-2024, 08:54 AM
#45
Yep, she was with Nissan/Infiniti North America in the Nashville area and is currently transitioning to PCNA in Atlanta. Prior to working for Nissan she was with BMW for nearly two decades.
Edit: Added the press release from February 26, 2024.
Last edited by RatherJaded; 03-07-2024 at 08:58 AM.