triode

Why would anyone buy a depreciating asset?

Fahrer

Whether or not you purchase or lease a new car, you are paying for the depreciation ( market value depreciation.....not writedown for tax purposes). For the purchase it is in the form of reduced resale value. For the lease, it is in the monthly payment ( plus cap reduction cost). Some leases in the past were subsidized which can distort the actual depreciation ( with artifically high residual values). On the other hand, leasing or purchasing a car that is, perhaps, 3 or 4 years old will involve lower depreciation. The big deal about leasing is that, in general, one can get themselves into a higher value car with out the need to put down more cash up front or lower payments.......but no equity in the vehicle at the end of the term.

Bruce R

What can a PDK C4S Launch Car be had for?
PM please jderrico, cheers.

MJones

Carrera C4S "Launch Car"

Meteor Grey
Full Leather
PDK
Dimming Mirrors
Nav
Chrono Pkg+
Bluetooth
Audio Interface
Bose
PASM Sports Suspension
Mats
Sport Bucket Seats
MSRP $111,185

My guess would be Invoice or below
As they have been sitting around 90+ days

gota911

Dealers have a BUNCH of PDK cars sitting on the lots. If you are in Cali and want a Black 997.2 with PDK, you have a large selection available to you. I am wondering if Porsche "mis-over-estimated" how well the PDK would be received with USA buyers in general.

scott watkins

"Why would anyone buy a depreciating asset?"

Smart money buys used for cash and let's someone else pay the bulk of depreciation.

I believe Fahrer hit the nail on the head and speaks loudly to part of the cause with the current state of the world financial crisis "The big deal about leasing is that, in general, one can get themselves into a higher value car with out the need to put down more cash up front or lower payments.......but no equity in the vehicle at the end of the term."

Just my $.02 worth, live below your means, and never buy a new car unless you're worth at least $1M liquid.

PogueMoHone

The PDK is not the problem, for many it is the lack of certain "must have" options e.g. Universal Audio Interface or Sport chrono plus or color.

Just like Ferrari with the F1, it seems like most want PDK; which is a quantum leap beyond F1.

MJones

Program is:
"The Porsche Moment Program"

Now thru Sept 30

gota911

You may be right about the options and colors but there sure are a lot of PDK cars in inventory compared to cars with 6-speed manual transmissions.

Rob in WA

That's great.

How do you find all this stuff out?

We're closed today.

Trader220

They announced it late Friday. The buy rate is exactly the same as it was in May. The biggest difference is inventory is lower and there is no cash back on any sports cars so the deals are NOT as good as you could have had in May

Trader220

We have more manuals then PDK's

gota911

Yes you do. Many dealers, especially those on the left coast, have more PDK cars, specifically the C2S Coupes.

cole328

Let's PLEASE not bring up the "lease" versus "buy" topic again.

mooty

my dealer calls me about any programs or any interesting cars they get. with good info, i help them sell 40+ cars a year just to my buddies.