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    Re: Canceled Panamera Turbo order

    ALDO:

     Christian,

    why do you compare the Panamera price with the Cayenne price? 

    1. when the development of the Panamera started, it was supposed to be an "alternative" for the Cayenne, for those who need a bigger Porsche but don't like SUVs. Pricing was also suggested to be as attractive as possible, at a similar level as the Cayenne.

    2. the pricing of the Panamera was a marketing department decision, they wanted to "lift" the Panamera "above" the Cayenne

    3. I agree, the Panamera is officially priced at a similar level as the BMW 7 series and Mercedes S-class. There is however a real life problem here: while you get huge rebates on the BMW and Mercedes, you usually get only 3-6% on the Panamera...if you're lucky. Some dealers may give 1-3% more (if they want to commit suicide or if the customer is a good customer), others give 5% or less. Ever tried to buy a 7 series BMW or S-class Mercedes ? Well...lets start with a 20... , even more if the car is registered to the dealer first. Lease offers are also way better on the 7 series and S-class.

    Finally, there is another problem with the Panamera as a business car in Germany: the german tax office (Finanzamt). My financial advisor, who has started his career at the german tax office, still has friends there. It seems that a BMW 7 series or Mercedes S-class is generally accepted as a business car. The Panamera however starts to raise eye-brows at the tax office. Just a stupid example, I agree but there are just too many factors around this car which make it a red flag for business men over here. Again: I'm talking about Germany only, in the US or in Asia things may look different.

    P.S.: I get the feeling you got bored with your 997 Turbo, Adnan. Whats next ? Panamera S? Turbo ? Smiley 


    --

    RC (Germany) - Rennteam Editor 997 Turbo, BMW X5 M (03/2010), BMW M3 Cab DKG, Mini Cooper S JCW


    Re: Canceled Panamera Turbo order

    RC:
    ALDO:

     Christian,

    why do you compare the Panamera price with the Cayenne price? 

    1. when the development of the Panamera started, it was supposed to be an "alternative" for the Cayenne, for those who need a bigger Porsche but don't like SUVs. Pricing was also suggested to be as attractive as possible, at a similar level as the Cayenne.

    2. the pricing of the Panamera was a marketing department decision, they wanted to "lift" the Panamera "above" the Cayenne

    3. I agree, the Panamera is officially priced at a similar level as the BMW 7 series and Mercedes S-class. There is however a real life problem here: while you get huge rebates on the BMW and Mercedes, you usually get only 3-6% on the Panamera...if you're lucky. Some dealers may give 1-3% more (if they want to commit suicide or if the customer is a good customer), others give 5% or less. Ever tried to buy a 7 series BMW or S-class Mercedes ? Well...lets start with a 20... , even more if the car is registered to the dealer first. Lease offers are also way better on the 7 series and S-class.

    Finally, there is another problem with the Panamera as a business car in Germany: the german tax office (Finanzamt). My financial advisor, who has started his career at the german tax office, still has friends there. It seems that a BMW 7 series or Mercedes S-class is generally accepted as a business car. The Panamera however starts to raise eye-brows at the tax office. Just a stupid example, I agree but there are just too many factors around this car which make it a red flag for business men over here. Again: I'm talking about Germany only, in the US or in Asia things may look different.

    P.S.: I get the feeling you got bored with your 997 Turbo, Adnan. Whats next ? Panamera S? Turbo ? Smiley 

    Try to answer your questions:

    1. I don´t think that Panamera was ever planned to be a Cayenne alternative. I know that Porsche has analysed which cars their customers have in the garage. The answer was 7-class and S-class. It doesn´t make sense to canibalize between Panamera and Cayenne.

    2. The pricing is everytime get what you could get. The USD prices are different, they buy options on USD/EUR rates.

    3. Yes, the BMW is cheaper in price and leasing - but it is still a BMW and not a Porsche- BMW is premium for sure but Porsche is more premium. And the 3-year lost is less for Porsche cars then for BMW cars. I have got the same leasing price for my 997 turbo and for M6. 

    4. Yes, it is more difficult to drive a Panamera then a BMW as a business car. Your customers (and employees) could get a problem with your car. The tax offices don´t care about Panamera. I have driven x-Porsches and never have any problems with tax offices. 

    5. Yes, I am bored with 997 turbo - next car? Panamera turbo, X6M, M5 (btw. send me a PM with your BMW dealer contact), SLS AMG ( I have seen one last weak in Montafon - better then anything else)


    --

    AM
    www.aldo-yachting.de


    Re: Canceled Panamera Turbo order

    1. Porsche started to realize that the Cayenne isn't going to stay popular forever, especially with growing fuel prices.

    2. Yes, comparing EUR with USD prices is kind of narrow-sighted, I agree but sometimes it is fun to see the difference

    3. "it is a BMW, not a Porsche". Well, I remember times when I was wondering why I bought a Porsche because the interior look/feel and also the quality were horrible. Porsche has improved a lot but I still can't see the value of paying 30% more for a Porsche. Not yet.

    4. Tax office cares a big deal about what you drive, you just don't realize it until they bust you.  Of course they care, people working there are humans too. Do you think they don't care if someone pays more monthly lease for his Porsche than his (tax office employee) monthly salary? They care, trust me. The more exclusive (not expensive !) the car, the more they look at "it".

    5. Panamera Turbo is great but attracts lot of attention. X6 M is without a doubt a great SUV/SAV and fun to drive. M5 could be a major success for BMW if performance and price are right. SLS isn't really the type of car I would buy but the exhaust/engine sound is fantastic. PM with dealer contact is following.


    --

    RC (Germany) - Rennteam Editor 997 Turbo, BMW X5 M (03/2010), BMW M3 Cab DKG, Mini Cooper S JCW


     
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