Did the CGT owners get privileges like the 918 owners? - Rennlist Discussion Forums



Did the CGT owners get privileges like the 918 owners?

Reply
 
Thread Tools Search this Thread
Old 02-22-2017, 11:55 PM   #1
Jason Zhang
User
Thread Starter
 
Join Date: Dec 2016
Location: Vancouver, BC
Posts: 9
Default Did the CGT owners get privileges like the 918 owners?

Just wondering if the CGT owners got privileges back in the old days when they purchased it. I just know the 918 owners are getting GT cars at MSRP.
Jason Zhang is offline   Reply With Quote
Old 02-23-2017, 12:35 AM   #2
German_Saint
Platinum Dealership
Rennlist
Site Sponsor

 
German_Saint's Avatar
 
Join Date: Nov 2009
Posts: 1,021
Default

Nope. Four forty-eight three hundred. Came with luggage and a briefcase.
__________________
Nick @ CJW Auto Group
Porsche & Audi Fresno -www.porschefresno.com
BMW Fresno -www.bmwfresno.com
McLaren Scottsdale-www.mclarenscottsdale.com
McLaren Chicago
cell: Please send a private msg
email: Please send a private msg
____________________________________________________
16 GT3: Sapphire
11 Cayenne S Black/ Cream-Umber
03 E46 M3 Silver Grey/BLk CSL **SMG**

Past Porsche:
997TT: Midnight Blue/Blk
05 997C2 Slate Gray/Natural Gray
German_Saint is online now   Reply With Quote
Old 02-23-2017, 02:47 AM   #3
Spyerx
Addict
Rennlist Member
 
Spyerx's Avatar
 
Join Date: Mar 2012
Location: SoCal
Posts: 8,834
Default

Old days? Lol. No they got a fking epic car and didn't need bribery.
Plus Porsche had like what, gt3 and gt2 they just introduced not the long line of "specials" they do now.
Spyerx is offline   Reply With Quote
Old 02-23-2017, 03:11 PM   #4
Me&You
User
 
Join Date: Apr 2007
Posts: 78
Default

Quote:
Originally Posted by Spyerx View Post
Old days? Lol. No they got a fking epic car and didn't need bribery.
Plus Porsche had like what, gt3 and gt2 they just introduced not the long line of "specials" they do now.
Plus, the original CGT buyers took a kick in the nuts on resale (early on, even if not realized).

That's part of the story that often gets overlooked when it comes to the VIP program with the 918s - a lot of those same buyers had already been through it with the CGT and the uncertainty of future values. Hard to begrudge the guys that took a shot on the 918 and now are reaping the (what were uncertain) rewards.
Me&You is offline   Reply With Quote
Old 02-25-2017, 06:53 PM   #5
W8MM
Addict
Rennlist Member

 
W8MM's Avatar
 
Join Date: Nov 2002
Location: Cincinnati, USA
Posts: 1,009
Default

Quote:
Originally Posted by Jason Zhang View Post
Just wondering if the CGT owners got privileges back in the old days when they purchased it?


Uhhh ... NO

The trials and tribulations of CGT customers from 2003-2005 resulted in slow early sales of the 918. The PCNA CGT customers were hardest hit. The ordering process was constricted and painful due to poor communications and cross-boundary warfare between PAG and PCNA. European customers could order paint-to-sample from early days while USA customers could not until PCNA/PAG relented for model year 2005. Same for any of what one might call CXX-type options at all. My paint-to-sample color of Signal Yellow (#114) was approved in concept by Spring of 2004, but I couldn't get the car produced until January 2005.

But, ordering difficulties were only the beginning. Porsche AG came up against a NHTSA air-bag regulation change for model year 2006 cars and tried to get a wavier for the CGT. The wavier request failed. So, PAG/PCNA decided to import all of MY2006 CGT's in 2005. That meant that 2005 and 2006 scheduled cars came in in one year, 2005. Therefore, 2005 was a "glut year" with twice as many cars imported as the marketing forecast demanded. There was vast oversupply and prices plummeted for unsold cars as well as pre-owned cars. At one point in 2006-2008 a CGT with an MSRP of $448K could be had for as little as $225K used in perfect condition. PCNA was helping push down prices by offering "trunk money" to dealers to help them unload unsold CGT inventory far below MSRP.

Faithful Porsche customers that placed CGT orders early on were quite apprehensive when the 918 came along and related their concerns to Porsche.

918 sales were so slow that the VIP program was invented to close the gap.

Last edited by W8MM; 02-26-2017 at 10:42 AM.
W8MM is offline   Reply With Quote
Old 02-28-2017, 10:21 AM   #6
nuvolari612
Addict
Rennlist Member
 
Join Date: Sep 2010
Location: midwest
Posts: 1,251
Default

Invented by a knee jerk reaction never goes smooth.

Last edited by nuvolari612; 02-28-2017 at 09:21 PM.
nuvolari612 is offline   Reply With Quote
Old 03-01-2017, 08:09 AM   #7
swb3
Addict
Rennlist Member
 
Join Date: Mar 2014
Posts: 153
Default

Quote:
Originally Posted by W8MM View Post
918 sales were so slow that the VIP program was invented to close the gap.
Spot on! After the initial depositors the program was selling the cars slow as molasses. First they tried offering us 997 turbo's which were on their last legs with the 991 coming out, that got a few. Then they were allowing press to drive cars as it was developed and I don't believe that gave people a lot of confidence the car would be what it was promised. Add to the backdrop that there were a few Fisker Karmas burning up homes they stayed in, I was scared to death of that piece of the equation. I voiced those concerns repeatedly and spoke with a number of people developing the car...to get a little more comfort. In the end when they rolled out the VIP program it was a no brainer, interestingly I'm not sure how well everyone understood the true value of it and in fact I don't think the dealers sold that element of the program for what it was worth. In the end I rationalized two things, first of all Porsche could not let this project fail, even if the cars would require a lot of retrofitting, a failing halo car as the brand popularity was on the rise was not an option. And if nothing else, the VIP program was worth this price of entry.
swb3 is offline   Reply With Quote
Old 03-01-2017, 08:12 AM   #8
swb3
Addict
Rennlist Member
 
Join Date: Mar 2014
Posts: 153
Default

Quote:
Originally Posted by nuvolari612 View Post
Invented by a knee jerk reaction never goes smooth.
X2
swb3 is offline   Reply With Quote
Old 03-01-2017, 08:26 AM   #9
richk
Addict
Rennlist Member
 
richk's Avatar
 
Join Date: Nov 2006
Location: los angeles and nyc
Posts: 1,777
Default

And you create artificial markets on cars like the 911R. I really want a 911R but there is no way in gods green earth I will pay 200k plus over msrp. The last time I paid 100k pus over sticker was 2008 on the 430 scud and that didn't have a happy ending.

Porsche is alienating people like me and I don't blame 918 owners for flipping and making a profit...they took the risk. Good news is lambo and mac are putting out some great cars and I just ordered one at sticker.
richk is offline   Reply With Quote
Old 03-01-2017, 01:14 PM   #10
unotaz
Addict
Rennlist Member
 
unotaz's Avatar
 
Join Date: Sep 2014
Location: Los Angeles/Taipei
Posts: 699
Default

Quote:
Originally Posted by swb3 View Post
Spot on! After the initial depositors the program was selling the cars slow as molasses. First they tried offering us 997 turbo's which were on their last legs with the 991 coming out, that got a few. Then they were allowing press to drive cars as it was developed and I don't believe that gave people a lot of confidence the car would be what it was promised. Add to the backdrop that there were a few Fisker Karmas burning up homes they stayed in, I was scared to death of that piece of the equation. I voiced those concerns repeatedly and spoke with a number of people developing the car...to get a little more comfort. In the end when they rolled out the VIP program it was a no brainer, interestingly I'm not sure how well everyone understood the true value of it and in fact I don't think the dealers sold that element of the program for what it was worth. In the end I rationalized two things, first of all Porsche could not let this project fail, even if the cars would require a lot of retrofitting, a failing halo car as the brand popularity was on the rise was not an option. And if nothing else, the VIP program was worth this price of entry.
+1
That's how I felt when I made the leap. Everyone was writing Porsche off at the time. Heavy weight, complicated hybrid system, etc etc. Porsche proved them wrong in the end. Even Mr. Pagani looks at the 918 as the benchmark in the sector.
Attached Images
 
unotaz is offline   Reply With Quote
Old 03-01-2017, 01:19 PM   #11
unotaz
Addict
Rennlist Member
 
unotaz's Avatar
 
Join Date: Sep 2014
Location: Los Angeles/Taipei
Posts: 699
Default

Quote:
Originally Posted by richk View Post
And you create artificial markets on cars like the 911R. I really want a 911R but there is no way in gods green earth I will pay 200k plus over msrp. The last time I paid 100k pus over sticker was 2008 on the 430 scud and that didn't have a happy ending.

Porsche is alienating people like me and I don't blame 918 owners for flipping and making a profit...they took the risk. Good news is lambo and mac are putting out some great cars and I just ordered one at sticker.
It's just the way the game is played. I really want a F12 TDF, but I can't justify paying 500K over sticker for one of those either. After buying cars from various manufacturers over the years, I learned my lesson that there are only 2 manufacturers that have consistently produced great cars: Ferrari and Porsche. I'm now working towards getting on their VIP list with Ferrari.
unotaz is offline   Reply With Quote
Old 03-01-2017, 01:30 PM   #12
nuvolari612
Addict
Rennlist Member
 
Join Date: Sep 2010
Location: midwest
Posts: 1,251
Default

Quote:
Originally Posted by unotaz View Post
It's just the way the game is played. I really want a F12 TDF, but I can't justify paying 500K over sticker for one of those either. After buying cars from various manufacturers over the years, I learned my lesson that there are only 2 manufacturers that have consistently produced great cars: Ferrari and Porsche. I'm now working towards getting on their VIP list with Ferrari.
What!

I gave up my 4th TDF spot for Aventador SV as soon as I did told a friend he ended up taking my slot and got one - tell me they aren't going for 500k over that's insanity.
nuvolari612 is offline   Reply With Quote
Old 03-01-2017, 01:33 PM   #13
nuvolari612
Addict
Rennlist Member
 
Join Date: Sep 2010
Location: midwest
Posts: 1,251
Default

Quote:
Originally Posted by richk View Post
And you create artificial markets on cars like the 911R. I really want a 911R but there is no way in gods green earth I will pay 200k plus over msrp. The last time I paid 100k pus over sticker was 2008 on the 430 scud and that didn't have a happy ending.

Porsche is alienating people like me and I don't blame 918 owners for flipping and making a profit...they took the risk. Good news is lambo and mac are putting out some great cars and I just ordered one at sticker.
Feel the same way. My FF was in the shop had error codes galore turned out it needed a battery which I find odd then they state needs to be driven. My reply drove it every day but for when the codes went on and your weeks of picking it up and returning it.

Then tried to get an RS finally paid over but that's fine it's Voo Doo turns out Porsche is as if not more difficult than Ferrari. Two dealers locally sold now there is one who recently put an RS up for auction.

Agree Mclaren and Lambo are making things very appealing.
nuvolari612 is offline   Reply With Quote
Old 03-01-2017, 01:44 PM   #14
GT3RS-Fan1
Addict
Rennlist Member
 
GT3RS-Fan1's Avatar
 
Join Date: Aug 2015
Location: Illinois
Posts: 468
Default

I agree with unotaz. Porsche and Ferrari with all due respect to the other manufacturers, are the top two car brands that makes specialty cars which provides amazing and impeccable performance. Thus the premiums associated with it.

There is a F12tdf available in California (i.e. DuPontRegistry.com) where the asking price is $1.45M on a $500K car.

That's just the way it is. You pay to play and no one is forced to do so.

Drive safe,
GT3RS-Fan1


Quote:
Originally Posted by unotaz View Post
It's just the way the game is played. I really want a F12 TDF, but I can't justify paying 500K over sticker for one of those either. After buying cars from various manufacturers over the years, I learned my lesson that there are only 2 manufacturers that have consistently produced great cars: Ferrari and Porsche. I'm now working towards getting on their VIP list with Ferrari.
Quote:
Originally Posted by nuvolari612 View Post
What!

I gave up my 4th TDF spot for Aventador SV as soon as I did told a friend he ended up taking my slot and got one - tell me they aren't going for 500k over that's insanity.
GT3RS-Fan1 is online now   Reply With Quote
Old 03-01-2017, 03:12 PM   #15
unotaz
Addict
Rennlist Member
 
unotaz's Avatar
 
Join Date: Sep 2014
Location: Los Angeles/Taipei
Posts: 699
Default

Quote:
Originally Posted by nuvolari612 View Post
What!

I gave up my 4th TDF spot for Aventador SV as soon as I did told a friend he ended up taking my slot and got one - tell me they aren't going for 500k over that's insanity.
Yup, ask around. They are selling for 1.2-1.3 million.
unotaz is offline   Reply With Quote
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
% over MSRP/sticker did you pay with or without allocation? rennlistdavid GT4 106 09-15-2016 10:17 PM
918 glass model 918man Porsche Supercars Carrera GT, 918,960 8 09-11-2014 04:29 PM
Elusive Dream, the 918......... Johns930 Porsche Supercars Carrera GT, 918,960 4 08-12-2014 11:01 PM
What's The Real Story On CGT Maintenance Rasta Porsche Supercars Carrera GT, 918,960 62 07-18-2014 02:15 PM
Should I get involved in a 918 superquant Porsche Supercars Carrera GT, 918,960 160 02-12-2014 02:41 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump


All times are GMT -3. The time now is 02:02 PM.


Copyright ę 1998 - 2017 Rennlist.com
 
  • Ask a Question
    Get answers from community experts
What's your question?
Send