Performance Products rip-off...Beware
#1
Performance Products rip-off...Beware
Called Performance products today after receiving their new catalog in the mail yesterday. It has Bilstein PSS9s for 20% off...so about $1850 plus tax. I call3ed to order and the guy asked for the part number...He quoted a $2580 price. I said "Im looking at your new catlog and it shows $1850." He says " I go on what the computer says"...Thanks but no thanks. What a bait and switch. Be warned.
#2
i will guess that the catalog went to the printers before the latest Bilstein price increases, and drop in the US$.
.....now, honouring your price in your catalog is a business decision that was probably hashed out by the customer service people and the accountants.....and the accountants won.
.....now, honouring your price in your catalog is a business decision that was probably hashed out by the customer service people and the accountants.....and the accountants won.
#3
$2,500 is the going price for now, probably going up to $3,000 soon, or so the rumor mill goes. Moton Club Sports are at $2,700, or so, + $400 or so for springs. They are the shocks Kim rides on...infinitely adjustable for compression and rebound.
#4
PP had PSS9s for $1836 about a week ago. Right now their web page shows $2743.02. If you take 20% off it's $2194.
I was not sure that I wanted these at $1800 when I spoke to Performance Products two weeks ago. I definitely don't want them at the new price. it's not the fact that the exchange rate is changing, or any other issue - it's the fact that I'm not willing to pay 2X what other excellent coilovers cost for other cars.
It's their choice to price them as they wish, it's my choice to buy something else.
I was not sure that I wanted these at $1800 when I spoke to Performance Products two weeks ago. I definitely don't want them at the new price. it's not the fact that the exchange rate is changing, or any other issue - it's the fact that I'm not willing to pay 2X what other excellent coilovers cost for other cars.
It's their choice to price them as they wish, it's my choice to buy something else.
#5
This brings up a good point. With the strength of the Euro, we may be in for some serious pain when we need Porsche parts in the next year or so.
Larger companies like automakers reduce the risk of currency flucuations by buying a long term currency exchange rate. It's a hedge against the unpredictibility of the market. However, I have read an article that BMW's contracts are coming due in 2005 and I can't imagine that Porsche is that far behind.
Anything imported from the EC may become very expensive.
Thanks,
Peter
Larger companies like automakers reduce the risk of currency flucuations by buying a long term currency exchange rate. It's a hedge against the unpredictibility of the market. However, I have read an article that BMW's contracts are coming due in 2005 and I can't imagine that Porsche is that far behind.
Anything imported from the EC may become very expensive.
Thanks,
Peter
#7
I actually fully expect the $ to go up against Euro (and probably against Yen too). If I had a way of buying $$, I would.
The preceeding is not financial advice, it's just my gut feeling.
The preceeding is not financial advice, it's just my gut feeling.
Trending Topics
#9
that place is good sometimes and bad others. They don't carry bushing for my car? What part supplier cant even order bushings for a 944 turbo? otherwise, i have had good experiences, and decent service. (I walk in)
~Eyal
~Eyal
#11
Originally posted by TamiyaGuy
This brings up a good point. With the strength of the Euro, we may be in for some serious pain when we need Porsche parts in the next year or so.
Larger companies like automakers reduce the risk of currency flucuations by buying a long term currency exchange rate. It's a hedge against the unpredictibility of the market. However, I have read an article that BMW's contracts are coming due in 2005 and I can't imagine that Porsche is that far behind.
This brings up a good point. With the strength of the Euro, we may be in for some serious pain when we need Porsche parts in the next year or so.
Larger companies like automakers reduce the risk of currency flucuations by buying a long term currency exchange rate. It's a hedge against the unpredictibility of the market. However, I have read an article that BMW's contracts are coming due in 2005 and I can't imagine that Porsche is that far behind.
The whole article was a very interesting read with regard to economics of European manufacturers that sell a large portion of their products in the US. For example, since VW manufactures some of its vehicles in Mexico they are not effected as much as someone who exclusively manufacturers in Europe. The article didn't go indepth in the economics but it would be interesting to look at BMW with a couple of manufacturing facilities in NA and Diamler-Chrysler which has a huge percentage of its vehicles manufactured here.
It was interesting that Porsche is so conservative with its purchasing of hedge funds whereas the other manufacturers where not. Of course this could be function of the fact Porsche is substantially smaller than the others. Good read nonetheless.
#13
Porsche may have hedge funds to offset the currency fluctuations in the sales of new cars. This is not true for their parts business. For most of use though we are being effected by HUGE increases in the price of factory parts. Many parts have increased 50% since last year, and with every new shipment from Germany comes another price increase...
#14
From my experience, Performance is no Windward (i.e. Performance=good). PP's prices are not the best but I think their service has been fine. I do find it strange that you can't buy items such as a DME from them but, hey, it's just a phone call away to Sunset or some other vendor.