Was in at Downtown Porsche today and came across this 21 Spyder w/ 2500 km nicely optioned. The irony- the MSRP was $141k and selling for $169k (CPO till 26')
Beautiful color etc BUT $169k for a 21 yet again we are told the ole song and dance - its unique / special / limited ed ...blah blah blah....
As for getting a new one or a 911 GTS / GT3 etc ... 2 + years out and "if you qualify". Clearly they took a page out of the Rolex handbook. "If you spend enough
we may let you have one". 25 yrs in Cap Mkts - a good ole recession serves many purposes one of which is to cleanse the system of excess ... clearly supply/demand
out of whack.

 

There are deals starting to be had, you just have to find them. I hate talking to salespeople when they start with that crap though lol

 

By 'deals' meaning prices slowly trending towards where they should be, although likely just the beginning and potentially some real deals come next spring. Just my $0.02 of course but I think buyers can save themselves some good $ by showing some restraint - easier said than done.

 

so instead of where it said dealer markup 50 G a few months ago .. scratch off the msrp and write 50G dealer discount ..what goes around comes around

 

Was talking to the manager at Porsche Oakville a few weeks back. He basically said people ordered the GT cars at MSRP and then sold them back to the dealership at $100k+ higher, and now the dealership has them listed for another $20-50k on top of that. They've got a half dozen of them sitting in the showroom right now.

 

There are 30 (!!!) 992 GT3s currently for sale at Porsche dealerships in Canada, and the least expensive appears to be about $120k over MSRP. Have heard that Pfaff (among others) does a handshake deal with clients that get an allocation to flip them back soon after delivery. Complete load of BS considering people want one to actually drive/enjoy but I guess money talks.

 

Truly first world problems when Europe is at war...

 

i have absolutely no doubt this has been going on for years to get around Canadian MSRP legislation.

 

Total CRAP - nauseating.

 

I am well aware - I have a home in Europe + do business there for over 25 yrs I know the issues well - too well sadly but this is a Porsche site.

 

so..... you getting the car ? lol

 

NO - I will keep my 11 Cayman S nicely optioned / upgraded.

 

Give it 6 months. I expect Abe will have a new car lol.

(I am kidding)

 

You never know but honestly it doesnt make much sense. Then again owning these cars doesn't make sense most days either ...

 

At first, I was joking, but based on your response, I think it can happen now hahaha