Pricing madness continues
#1
Rennlist Member
Thread Starter
Pricing madness continues
Pricing in the newest issue of Panorama for the 997TT cab - U.S. $136,500, add 10% exchange = Cdn $150,000, even 15% to hedge a larger shift in exchange rates = $157,000. So let's charge those silly canucks, oh wait I know, how about .... $190,000! .... a real sweet, call it 25% overcharge for PCNA and dealers. Then we'll threaten them with no warranty if they buy in the U.S. - nice!
#2
Race Car
I noticed that too. What blows me away is that they have the nerve to print the two prices right there next to each other. It's as if they WANT people to notice the ridiculous disparity. But ask Pfaff the reason, and they'll tell you that the CDN car is worth more. Oh, sure, it's made by the exact same Otto and Hans that make the US ones, on the same assembly line, with the same bolts, panels, paint, etc. but because it's sold here, there's a special aura about it that's worth over 30 large.
#4
Race Car
Lots of people are. I made a sticky on the Pelican Canada forum about importing cars from the states, and I can't count the # of people that have either posted replies or pm'd/emailed me saying how it's helped them import Porsches (and other makes), both new and old, from the states.
Oh, and to anyone who still believes that BS line about CDN cars being worth more, just try your hand in the used Porsche market. I fetched full CDN price for my 99 boxster when I sold it, meanwhile Pfaff runs the same car in the Auto Trader week after week...
Oh, and to anyone who still believes that BS line about CDN cars being worth more, just try your hand in the used Porsche market. I fetched full CDN price for my 99 boxster when I sold it, meanwhile Pfaff runs the same car in the Auto Trader week after week...
#6
Race Car
Personally, no - I'd never buy a new car, Porsche or otherwise. The depreciation hit is just way too much, and, at least with Porsches, I'm much more interested in the older ones. And of course I don't have $150K to spend on a car!
#7
Burning Brakes
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Our car is from Georgia and the money saved seems like a joke as in, how could the CDN price be so much higher.
The mark-up on a 996 Turbo was $25,000+ (I believe). On a Cab., probably $30,000+. That's insanely huge. And a LOT of the money is made in the options because how many base 911 Turbos will you find....none. If you follow 'typical' markup and extrapolate the data from a $45,000 car the markup on a $190,000 SHOULD be around $16,000.
Blah blah blah, in short, Canadians are getting ripped. Unfortunately, a lot of buyers aren't the enthusiasts we are and don't realise this.
I believe in 2006 or 2005, Canadian Porsche dealers lost a *known* 600+ sales to people importing. So actual is probably over 1,000? There are 12 Porsche dealers in Canada so say each dealer loses a 100 sales at say markup of $10,000-that's a $1,000,000 lost and potentially these customers going to a private garage for service instead. So as Jamie said, vote with your wallett.
The mark-up on a 996 Turbo was $25,000+ (I believe). On a Cab., probably $30,000+. That's insanely huge. And a LOT of the money is made in the options because how many base 911 Turbos will you find....none. If you follow 'typical' markup and extrapolate the data from a $45,000 car the markup on a $190,000 SHOULD be around $16,000.
Blah blah blah, in short, Canadians are getting ripped. Unfortunately, a lot of buyers aren't the enthusiasts we are and don't realise this.
I believe in 2006 or 2005, Canadian Porsche dealers lost a *known* 600+ sales to people importing. So actual is probably over 1,000? There are 12 Porsche dealers in Canada so say each dealer loses a 100 sales at say markup of $10,000-that's a $1,000,000 lost and potentially these customers going to a private garage for service instead. So as Jamie said, vote with your wallett.
Last edited by cleanme; 06-28-2007 at 12:29 PM.
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#10
Race Car
The best places to look would be the Rennlist classifieds, PCA National classifieds and maybe the Pelican classifieds. Auto Trader will have tons as well, but a lot of dealer sales. There's always ebay, but usually there's not time to get a PPI done then get a bid in if the results are good, and there are tons of scheisters and crappy cars on ebay.
The biggest thing to remember when shopping in the US is absolutely have a PPI done by a shop that doesn't know the seller or car. Search here and on Pelican for the places to avoid (Victory Motorcars, Motormeister, etc.) but the PPI is more valuable than anything. Find local guys through here or Pelican to maybe have an initial look or drive of the car if it's questionable, before spending money on a PPI. Most guys are pretty happy to take an hour out of their day to drive a cool car
Good luck!
The biggest thing to remember when shopping in the US is absolutely have a PPI done by a shop that doesn't know the seller or car. Search here and on Pelican for the places to avoid (Victory Motorcars, Motormeister, etc.) but the PPI is more valuable than anything. Find local guys through here or Pelican to maybe have an initial look or drive of the car if it's questionable, before spending money on a PPI. Most guys are pretty happy to take an hour out of their day to drive a cool car
Good luck!
#11
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Originally Posted by Jamie140
Easy solution guys. Vote with your wallets.
#15
I am flying down to the US again tomorrow.....buying cars that are presold to clients.
FWIW....the correct way to calculate this situation is as follows.....forex (7.50 for me today)....duty at 6.1 %......freight at around $2,500......about $1,000 of misc RIV and ac tax fees and stuff like detailing, gas, DRL's, etc.....cost and use of money next......
FWIW....the correct way to calculate this situation is as follows.....forex (7.50 for me today)....duty at 6.1 %......freight at around $2,500......about $1,000 of misc RIV and ac tax fees and stuff like detailing, gas, DRL's, etc.....cost and use of money next......