Was there today, and if you want a used car just pop by. $300k each for the RS and $400k for the GT3:

 

I saw those beautiful cars yesterday when I was picking up my car at service. The Porsche Canada "shop new and used inventory" section on the website is very interesting. A handful of new cars but a lot of "used" with a few hundred km.
This is an extreme example of pricing escalation:
https://finder.porsche.com/ca/en-CA/search?model=718
There was a similarly equipped Spyder at a Quebec dealership a month or two ago for approximately $150k. There was a PTS Spyder (Albert Blue..a fabulous colour) at Porsche Markham a few weeks ago at $180,000. Can this end well?

 

Bubble!

 

Yep, agree it is a bubble. All it takes is a few more turns of the interest rate crank( very likely) and likely much higher fuel prices and this might moderate. We are heading into a bit of an energy crisis globally so I am quite pessimistic about any kind of easing.

 

That purple one is beautiful. Wish it was more family friendly and I would get rid of my Taycan for it

 

having inventory is atleast a step in the right direction. Love all 3 of those... one day...

 

Most dealer floor plans are financed. All these guys will start dumping cars once their ROI starts falling off a cliff the longer the units stay on the floor as rates will raise. I feel this is the last summer with insane prices and new cars being sold as “used” Mainline dealers will be okay. The smaller guys will get wrecked being over extended

 

I would not consider this as having inventory. Lmao.

 

That's what I thought, interest rates hikes are going to hurt the dealerships. September is when I think we're going to start to see more of the price cuts, as we head into the fall-winter season, seasonal demand is gonna plummet for the sports cars, compounded by the effect of rising interest rates.

 

Anybody have an idea of the market price for a 2019 RS? Weissach Lizard.

 

financed by the car company at low rates.

 

I would guess about $350k.

 

You will have a combination of this and demand falling with the state of the economy and costs as the year progresses. Together reducing huge markups.

8.6% inflation in the US announced today, up from their estimate of 8.3%. Let's see what happens next week, perhaps a 0.75 hike.