Who is buying a hybrid 911?
#31
I already owned all the best exotics. A mid spec 992.2 GTS is amazing value for a brand new sportscar that can do it all. I don’t want a beat to sh*t McLaren or out of warranty Ferrari for $180k and I don’t know who would be cross shopping the 2 seriously
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#32
Instructor
I don't think any of this bodes well for the future of sports cars. The tech isn't making anything more enjoyable, just running the numbers up without much actual benefit on the driver's side. Let's just get to the point where AI drives us all around in our boring EVs. I'll save a lot of money not lusting after the latest mechanical wonder with four wheels and an engine.
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#33
#34
My point is that 200k+ is a different type of buyer vs sub 200k buyer. Very different buying power and expectations.
No way I would consider a Carrera at 200k+. And yes, I own several exotics as well as various GT cars.
At ~150k with a decent spec, a new Carrera GTS feels appropriately priced for what it is.
200k+ is outrageous IMHO.
And these price increases are not simply the result of inflation. Porsche is looking at the market’s willingness to pay stupid ADMs, especially during the pandemic period of inventory shortages and low interest rates, and is hoping they can take some of those extra profits vs letting their dealers make $$$ by marking up these vehicles 10-30k…
No way I would consider a Carrera at 200k+. And yes, I own several exotics as well as various GT cars.
At ~150k with a decent spec, a new Carrera GTS feels appropriately priced for what it is.
200k+ is outrageous IMHO.
And these price increases are not simply the result of inflation. Porsche is looking at the market’s willingness to pay stupid ADMs, especially during the pandemic period of inventory shortages and low interest rates, and is hoping they can take some of those extra profits vs letting their dealers make $$$ by marking up these vehicles 10-30k…
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#35
I'm probably in the minority here but at ~200k for a nicely spec'd GTS, I feel that Porsche is inching too close into exotic territory where there are more interesting options for slightly more money.
Buyers in the 100-200K price range are very different from those in the 200k+ price range.
The buyer in the 100-200k range is probably at the very limit of their available budget for a purchase like this where as someone that can afford a 200k+ vehicle can probably also afford a 300-400k toy as well and already has multiple 200k+ vehicles in the garage.
My point being that I think Porsche is beginning to price out their core customer base. If I'm spending 200k+ on a Carrera, I'm probably just going to spend a little more and get into something a bit more special that wears a more exotic badge. I understand the GT and Turbo are also options at that point but with those creeping towards 300k, I just don't see why I wouldn't get into a slightly used Ferrari or push my budget a bit further and get into a 296 GTB.
But I realize this is probably not a popular opinion here on these boards lol
Buyers in the 100-200K price range are very different from those in the 200k+ price range.
The buyer in the 100-200k range is probably at the very limit of their available budget for a purchase like this where as someone that can afford a 200k+ vehicle can probably also afford a 300-400k toy as well and already has multiple 200k+ vehicles in the garage.
My point being that I think Porsche is beginning to price out their core customer base. If I'm spending 200k+ on a Carrera, I'm probably just going to spend a little more and get into something a bit more special that wears a more exotic badge. I understand the GT and Turbo are also options at that point but with those creeping towards 300k, I just don't see why I wouldn't get into a slightly used Ferrari or push my budget a bit further and get into a 296 GTB.
But I realize this is probably not a popular opinion here on these boards lol
#36
Five years ago, I could have ordered a new Turbo S if offered an allocation. Despite earning more/increasing net worth over that time, I feel like I am now relegated to a new base or possibly S model. I’m sure Porsche wants to build fewer cars at even higher markup even though they already get the highest margins for their cars.
So it may feel that way, but it’s not really what’s changed.
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#37
Nope, sticking with the 992.1
#38
Rennlist Member
Nope, sticking with my 992.1 Carrera T. Sold my 17 NSX for the Carrera T...hybrid isn't always best.
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#39
Burning Brakes
I am getting the car . My dealership does not have allocations yet and is not taking deposits . The reason is there is a new trade in rule that in order to get the tax credit on an early trade the car has to be dropped and money retained until the new one arrives . It must occur in the same calendar year or the credit is null. In the past they cut a check on the spot . I dont like the rule so am selling my car privately unless they make an offer that is appealing . I haven't listed my car and the configurator cant even access my build code . It is rejected saying "new model " is launched .
I love my car but thus is the time to take the money off the table , toss it in a CD , and wait . I have another 911 to drive in the meantime . If the new car sucks , then at least I had two great years but I have a feeling this car is the real deal .
In discussing some of this with my other 992 friends none are getting it . The logic ranges from "first year issues" to " no manual " to " I still love my car and I wanted years to finally get it " .
It was a challenging time when I ordered and it's for that reason I refuse to take a beating in trade or sale . Wait 6 months and ithe market can hit this car so the time is now . No one can get a new 911 now so anyone holding one has prime real estate .
I love my car but thus is the time to take the money off the table , toss it in a CD , and wait . I have another 911 to drive in the meantime . If the new car sucks , then at least I had two great years but I have a feeling this car is the real deal .
In discussing some of this with my other 992 friends none are getting it . The logic ranges from "first year issues" to " no manual " to " I still love my car and I wanted years to finally get it " .
It was a challenging time when I ordered and it's for that reason I refuse to take a beating in trade or sale . Wait 6 months and ithe market can hit this car so the time is now . No one can get a new 911 now so anyone holding one has prime real estate .
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#41
Burning Brakes
My highest build is still under 200K and my poverty spec is under 180K for a. GTS . Part of the problem are the option prices and how easy it is to get carried away with adding fluff while waiting a year for a car , This time around I am opting for some self control . I realize these cars are higher priced and shorter term than some of my previous Porsches . I still have my modded 997.1 Turbo and unlike the current cars that former car is staying with me .
#42
When they make a hybrid with a manual is when I will buy one. (Looks like I have a long wait.)
#43
It’s your money and you should spend it anyway you like. If the GTS at ~200k checks all the boxes for you, then by all means nobody should talk you out of it.
My point is that Porsche has likely gone too far up market. Time will tell but I don’t think the market, which is already showing resistance, will support a Carrera that costs ~200k+ in large numbers.
My guess is that you will see more and more cars with less options on them as to stay closer to base MSRP.
Again, I really feel the profile of the buyer at 200k+ is simply different. They tend to only purchase “special” cars. The Carrera, as good as it is, simply isn’t special. And the GTS is a mid range 911 that is mass produced. Many buyers in this price point wouldn’t be caught dead in anything from Porsche that doesn’t have a Turbo or GT badge on it.
When someone with this budget specs out a GTS at 220k (which is easy to do) they will begin to consider what other options fall into that category such as the new AM Vantage, DB12, McLaren Artura, MC20 and the list goes on..
I don’t know a single person that can “afford” to spend 200k+ on a sports car that can’t also afford to spend 250-300k+. And not a single person that I have spoken to who is a real potential buyer for the GTS is remotely interested at the vehicle at the new pricing.
And those selling themselves on inflation taking a car that used to spec out at 150k a few years ago to what it is now are simply bad at math. Yes, inflation is a factor but this absolutely a money grab by Porsche who had witnessed dealers getting crazy ADMs for their vehicles for years and is now looking to take some of that money off the table for themselves.
However the buying pool of those willing to pay these 2020-2023 markups has dwindled greatly and I have had zero issue getting offered MSRP allocations in “high demand” markets for non GT or special edition vehicles.
Again, time will tell and I’m sure Porsche will artificially create supply issues if necessary but the sales numbers won’t lie and I have a feeling allocations won’t be a problem on any future Carrera past the first MY.
My point is that Porsche has likely gone too far up market. Time will tell but I don’t think the market, which is already showing resistance, will support a Carrera that costs ~200k+ in large numbers.
My guess is that you will see more and more cars with less options on them as to stay closer to base MSRP.
Again, I really feel the profile of the buyer at 200k+ is simply different. They tend to only purchase “special” cars. The Carrera, as good as it is, simply isn’t special. And the GTS is a mid range 911 that is mass produced. Many buyers in this price point wouldn’t be caught dead in anything from Porsche that doesn’t have a Turbo or GT badge on it.
When someone with this budget specs out a GTS at 220k (which is easy to do) they will begin to consider what other options fall into that category such as the new AM Vantage, DB12, McLaren Artura, MC20 and the list goes on..
I don’t know a single person that can “afford” to spend 200k+ on a sports car that can’t also afford to spend 250-300k+. And not a single person that I have spoken to who is a real potential buyer for the GTS is remotely interested at the vehicle at the new pricing.
And those selling themselves on inflation taking a car that used to spec out at 150k a few years ago to what it is now are simply bad at math. Yes, inflation is a factor but this absolutely a money grab by Porsche who had witnessed dealers getting crazy ADMs for their vehicles for years and is now looking to take some of that money off the table for themselves.
However the buying pool of those willing to pay these 2020-2023 markups has dwindled greatly and I have had zero issue getting offered MSRP allocations in “high demand” markets for non GT or special edition vehicles.
Again, time will tell and I’m sure Porsche will artificially create supply issues if necessary but the sales numbers won’t lie and I have a feeling allocations won’t be a problem on any future Carrera past the first MY.
#44
Five years ago, I could have ordered a new Turbo S if offered an allocation. Despite earning more/increasing net worth over that time, I feel like I am now relegated to a new base or possibly S model. I’m sure Porsche wants to build fewer cars at even higher markup even though they already get the highest margins for their cars.
With that said, I'm in the same boat as you. Could have ordered a Turbo S pre-craziness... do I even want to waste my time with a base? Maybe I'll wait it out as the economy feels real shaky with layoffs. I know back in 08-09 they couldn't give higher end cars away.
Last edited by raydog9379; 05-29-2024 at 10:14 AM.
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