992 - 2025 Price increases
#46
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#47
Drifting
In 5 years, an S with typical options is going to be a 200K car. The demographic that buys the 911 sees their salary and investment income increase from inflation, as opposed to the working middle class who is hurt by it. Luxury goods companies know this, and know they can increase their prices more within that sales demographic, at a faster rate, because their buyers take in more income.
#48
Instructor
The US is the largest economy in the world. Our inflation becomes everyone else's inflation.
But don't let a simple economic concept get in the way of a personal attack.
#49
Racer
#51
Burning Brakes
How the United States is exporting inflation to other countries...
Equally relevant to the increased cost of manufacturing in Germany is their extremely costly shift from fossil fuels to renewable energy and their over-dependence on Russia for cheap oil and gas.
Last edited by remington; 03-08-2024 at 01:26 PM.
#52
Rennlist Member
FWIW, I just loaded up the build sheet for my 2023 Turbo S Cab in the configurator that I took delivery of in May of 2023. My MSRP was $267k last May but the same build is now priced at $282k. By my math (and assuming this is a MY 2024 price), that’s a 5.6% increase.
PAG appears to have a pretty solid pricing strategy of raising prices above inflation, which is good for PAG shareholders but not great for those wanting to buy a new Porsche. I suppose the (very small) silver lining is that the annual price increases helps somewhat hold up the prices of our current P cars if that’s any consolation …
PAG appears to have a pretty solid pricing strategy of raising prices above inflation, which is good for PAG shareholders but not great for those wanting to buy a new Porsche. I suppose the (very small) silver lining is that the annual price increases helps somewhat hold up the prices of our current P cars if that’s any consolation …
Last edited by North Shore 911; 03-09-2024 at 12:39 PM.
#53
Exactly. Demand outpaces supply and everyone working for Porsche and who supplies parts for Porsche wants raises, so costs are going up at least 3-5% annually.