964C4

Hi,

Mjones is always nice to us and shows the sales report of PCNA

We've seen that this year the sales have improved a lot in total numbers. We know that the increase in total sales are because of Panamera and new Cayenne selling well, but 911 sales are low

But the used car market seems to be terrible... Very reputable vendors like Willhoit or RPM Sportscars (no affiliation with any of them) are stacking up cars and not selling... I remember 2-3 years before some cars would come in as new stock and sell within a couple of days...

Your comments ?

Edgy01

Remember that a 911 is a sports car. A Panamera and Cayenne have a different utility value in the automotive world.

slicky rick

i would think that the technology that the cars are having now are really fantastic. consider the jump from carburetted engines to fuel injection. new cars selling well but old cars start becoming junk. dfi and pdk are essentially responsible for the dismal second hand car market. we are entering a new era. Take foe example the ferrari 458 and the 430. one gen apart but worlds apart in performance and economy. who would buy a 430? the price would not have gone down enough to justify buying. we can expect a big drop in second hand cars before it starts picking up again.

slicky rick

agree with dan. in addition, we know that a lot of 911 owners are middle aged at least. we start feeling the aches and pains of getting more wisdom. we love our sports cars but our bodies are now compalining. now here comes porsche offering something supposedly offering the best of both worlds. the sports of Porsche and the less beating. we can expect the cannibalization of volumes from the sports cars. However, as history has shown to us the 911 will continue as there is really no experience quite like it. but again history can be changed and it seems that boxster and caymans are also here to stay...maybe panamera and cayenne will too. in the next 15 years we will know. sorry guys im blabbering again

Marine Blue

It is definitely an interesting phenomenon. Probably a combination of supply/demand economics, maybe easier financing for newer cars and possibly the newer technology as Rick has noted.

I will be looking for a newer Porsche as soon as the 928 sells. Probably a new Spyder but maybe a used 997 Cab depending on availability and pricing. I just don't have the time to keep up with an older car and I really like the new stuff from Porsche.

1BlinkGone

According to one report in the press last week, new car sales for August 2010 were at the lowest ever since 1983. There might be a slight spike in p-cars over the last 3-6 months but overall they are terrible and declining. Similarly the housing mkt is deteriorating as well, but that is for another forum.