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Sep 22, 2005 11:26:25 PM
- Mike S
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at the price! thought i had to get my eyes checked. no ways in hell I'll pay 100k for a damn watch!
Sep 23, 2005 12:40:39 AM
- LowPolarMoment
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Sep 23, 2005 10:19:51 AM
- palenimbus
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Re: New Porsche watch ....
Quote:
911fan said:
100,000 EUR for a watch!!???? That is disgusting. If it were some historic Rolex or soemthing I would understand but it looks like Porsche is raping the consumer yet again.
You would be surprised how much you can spend on watches
However, I agree that Euro 100.000 for THIS watch is too much...
Re: New Porsche watch ....
I know someone who is going to be happy .... Nick.
50 pieces per year at Euro 100k a piece this is what you can call "exclusivity"
I'm wondering how much Porsche Design (that has nothing to do with Porsche AG) is making per unit....
Euro 100k (incl VAT) that is more or less Euro 80k excl VAT less retailer margin of let's say 25% that is Euro 64k. I can easily imagine 50% margin that would mean Euro 32k per watch !!!!! not bad at all.
Last fiscal year (03/04) Porsche AG made a pre-tax profit of Euro 14k per unit sold .... which is not much in comparison !!!
Sep 23, 2005 1:27:33 PM
- EricAlain
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Re: New Porsche watch ....
My sincere apologies .....
I just checked on the web at www.porsche-design.com and they say, they are owned by Porsche AG.
I just checked on the web at www.porsche-design.com and they say, they are owned by Porsche AG.
Re: New Porsche watch ....
Yes Eric,
Porsche Design Austria has been taken over by Porsche Stuttgart a short time ago - so no harm for quoting something different at first.
F.A. Porsche is or will retire and wanted a realiable situation for his office. That's why they teamed up with the automotive branch. They are still separated reg. products, Austria doing a lot of consumer goods for Porsche AND outside customers, Porsche Stuttgart doing some transportation design apart from their own car range.
Nonetheless technically this watch is pretty unique from what I know - there seem to be some famous people to get in line for that watch. Besides that I don't think that the customers aquiring the first production runs are morons for paying that much for a watch - I guess they know what they are getting!
Porsche Design Austria has been taken over by Porsche Stuttgart a short time ago - so no harm for quoting something different at first.
F.A. Porsche is or will retire and wanted a realiable situation for his office. That's why they teamed up with the automotive branch. They are still separated reg. products, Austria doing a lot of consumer goods for Porsche AND outside customers, Porsche Stuttgart doing some transportation design apart from their own car range.
Nonetheless technically this watch is pretty unique from what I know - there seem to be some famous people to get in line for that watch. Besides that I don't think that the customers aquiring the first production runs are morons for paying that much for a watch - I guess they know what they are getting!
Re: New Porsche watch ....
Bon ami,
it is always good to read your comments. It wasn't at all intended to be directed at you, actually to noone personal.
I would resist as well to dig out that much money for a watch but judging by the waiting list there must be some reason for it. As far as I'm informed W. Röhrl is pretty fond of that product.
Reason I am fairly informed about Porsche Styling's business position is since I am roughly affected by it.
it is always good to read your comments. It wasn't at all intended to be directed at you, actually to noone personal.
I would resist as well to dig out that much money for a watch but judging by the waiting list there must be some reason for it. As far as I'm informed W. Röhrl is pretty fond of that product.
Reason I am fairly informed about Porsche Styling's business position is since I am roughly affected by it.
Re: New Porsche watch ....
The reason is because it's the "most complicated wristwatch ever made in production series" according to the add. I also suspect because of the very limited output (50 per year ie 1 per week) that makes it even more desirable .... I can understand W Rhorl want one ... I really like the design.
Re: New Porsche watch ....
No doubt that it is a masterpiece of miniature mechanical engineering. I am sure that the craftsmanship is superb and such exclusive luxury trinkets never come at a Timex price.
The comments about here about it were very revealing. Some complain about a 100K watch that will appreciate in value, but gladly pay 100K for a 180mph car that will sink in value and never use the left side of its speedometer anyway.
Interesting to say the least.
The comments about here about it were very revealing. Some complain about a 100K watch that will appreciate in value, but gladly pay 100K for a 180mph car that will sink in value and never use the left side of its speedometer anyway.
Interesting to say the least.
Sep 24, 2005 11:05:55 PM
- Sean Chiang
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Sep 25, 2005 12:19:20 AM
- JimFlat6
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Re: New Porsche watch ....
Quote:
Sean Chiang said:
100K for a 7750, I don't think so. Surely 10K???
It's not even an inhouse movement WTF???
Trust me, no way is a Porsche Design watch EVER gonna appreciate in value. Hardly any such modern watches appreciate in value these days.
Sean. The Porsche Design Titanium watches of the early 90's
that used IWC movements sell for more in 90% used condition now than they did when brand brand new.
Sep 25, 2005 4:40:25 PM
- Sean Chiang
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Re: New Porsche watch ....
On Antiquorum, an "International Watch Co., Schaffhausen, Porsche Design, "Ocean", 1990's.Fine, large, self-winding, water-resistant, titanium gentleman's wristwatch with revolving bezel, date, center-seconds, matching link bracelet, and deployant type clasp." was sold including buyers premium for 2,415 USD.
The original msrp was definitely more than 2,145USD if I recall in the 1990's.
90% more now, than then??
The original msrp was definitely more than 2,145USD if I recall in the 1990's.
90% more now, than then??
Sep 25, 2005 4:51:46 PM
- JimFlat6
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Re: New Porsche watch ....
I meant in 90% condition versus in "as new" condition.
The "Ocean" was their "cheap" watch. Even the German Navy bought them for their Divers and Minesweeper crews.
Porsche had the Ocean, two sizes of other Chronographs and two sizes of a watch with a compass underneath.
All of them now sell for more than when they did new.
The "Ocean" was their "cheap" watch. Even the German Navy bought them for their Divers and Minesweeper crews.
Porsche had the Ocean, two sizes of other Chronographs and two sizes of a watch with a compass underneath.
All of them now sell for more than when they did new.
Sep 26, 2005 2:19:38 PM
- palenimbus
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