MY advice is do nothing. I believe deliveries in October will fall within the safe zone.

Trump is suppose to receive a report from the commerce department analyzing whether the present EU tariffs on US cars is a national security risk. I don't believe there is one person on this planet who believes the report will state that the European tariffs are not a security risk. That report is due late July or late August. Once submitted, Trump will huff and puff to see if he can extract something from the Europeans. If not, he'll say I'll give you 60-90 days to do something or the Tariffs will be imposed. He knows this tariff is a big and not to be applied cavalierly. The consequences for will be enormous for both sides.

 

 

+1 I already gave the big orange **** too much of my money to fritter away on his lunatic ideas ...

 

 

 

I tend to agree with Nick, Larry and 2006M5.

So I called and spoke to my sale manager. He said I can walk from the deal if tariff's are imposed, no problem and they will cut me a check for my car.
He told me he has been following this issue closely and does not believe tariffs will be imposed. He told me the Germans are already signaling a willingness to reduce their tariffs to equal ours.
I tend to think the EU and Germans will resolve the issue with the White House as tariffs with the EU/Germany would be devastating for both side. I think Trump understands this but the EU believes he is crazy enough to maybe impose them so it has them coming to table.

My delivery is Mid October so I am hoping to make it under the wire if the chit hits the fan.
Beyond worrying about my RS I believe car tariffs would be too destructive on both sides to justify them. Bad idea. It will hurt our economy and thousands of American families.

 

I'm not going to handicap the odds of 25% tariffs, but I can tell you U.S. Auto Dealers are taking it seriously. Pull up a recent Automotive News for more detail. Tariffs would be a disaster. Just today, Mitch McConnell was quoted that it's possible we're at the beginning of a trade war. Let's hope it's not a slippery slope.

 

Yes, they are absolutely taking it very seriously according to my sales manager. Auto dealer organizations and Unions are going hard at the threatened tariffs in Washington.

 

 

Paulaner hefeweizen.................Fruh.....................Weihenstaphener too many beers to worry about this right now

 

Assuming this happens, for those that would want or need to back out of an existing purchase to avoid a federal tax amounting to 40k, would you then be looking for already titled cars? Or do you just pass on the whole thing at that point?

 

I would walk away in 5 minutes. I have a .2 GT3, so I would just keep driving it unless I could buy the car later used for MSRP or maybe a little more. In my case, it would be interesting to see what happens. Does Porsche eat some of it? Does my ADM from the dealer go towards the Tariff? Some of us ADM guys might be OK and get the car for the original price anyway and the dealers make MSRP.

 

I'm looking for a Flemish sour maybe a Duchess of Bourgogne, next beer please!

 

I just poured a Scotch and I am making a toast to the fact that I spent my $$ before all the political sparks started flying.

 

If tariffs go into effect then what about Porsche simply stopping shipments and taking a wait and see approach. Hold the cars at port for a couple of months to see if a deal is reached.

It would suck either way.