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Re: $$ 07 turbo = 09 diesel
As RC was stating before, the Panamera is sitting at the dealers like a brick!
The sale is far away from its possibilities. So yes - I guess, the loss on value will be comparable high.
The major two problems the Panamera is facing:
1. - price, to high for what you are getting (S4 is usually around 145-155k€ in Germany). Comparing the lease between a 7 or a Panamera is even worse, as you can have a 750i comparable equipped for 60% cheaper in the monthly lease as the Panamera (comparable down payment).
2. - design of the rear (but this people are already are used to).
BUT - If I remember right, the Cayenne sale was bad in the beginning, too. Wasnt it?
BTW - If you compare the Diesel with the GTS you can currently get GTS with a very low milage (max 5000 km) and you age (max 6 months) for the same price you have mentioned!
Re: $$ 07 turbo = 09 diesel
I know here it's very popular to hate Panamera .... BUT what makes you say the Panamera is sitting at the dealers like a brick!
In the US 726 units were sold in 6 weeks (Oct 17-Nov 30) which is very comparable to the Cayenne model line-up without the V6.
In Canada 42 units were sold in October in just 2 weeks ... I don't have November yet
From what I have gathered so far:
France (Sept-Oct): 111 units with Sept total sales 159 and October 159 ... or around 1/3 of total sales. France Nov 136 units vs 76 units in 08
Spain (Sept-Oct): 66 units or 1/3 of Sept (113 units) + Oct sales (98 units). Nov 89 units vs 66 units in 08 ...
Netherlands (Sept-Oct): 43 or 45% of Sept (55 units) + Oct sales (39 units)
Austria (Sept-Oct): 38 or 45% of Sept (50 units) and October sales (34 units)
For Germany I don't have the breakdown by model BUT Sept: 1055 units (vs 912 Sept 08), October 1164 (vs 1146 Oct 08), Nov 997 units (vs 888 units) .... So over the past 3 month total sales 3213 vs 2946 so let's assume it's all Panamera .... or 267 units ...
In the UK where it has just been introduced, Nov sales +100% !!!
So may be it's not selling like hot cakes but bearing in mind the current environment and the fact that this car is especially designed for emerging markets and not Europe ... the performance is good.
Re: $$ 07 turbo = 09 diesel
Thanks for these sales figures, Eric. I don't have any more specifics than you posted, but I know for certain that my small dealership in Washington, DC has sold six Panameras since October (two turbos and four 4S). Five of these were carbon grey metallic, and one was Cognac. I was surprised how good the Cognac Turbo looked, and it was bought off the showroom very quickly.
Also, I spent several minutes observing pedestrians' reactions to a carbon grey 4S parked on a street recently, and everyone was commenting about how attractive it was (also, comments like "What is it? A Porsche? I didn't know Porsche made a four door car. I like it!" The car does not look large or out of place here in the U.S. In fact, my personal impression when I was looking at the parked car was that it did not seem unique enough.
Re: $$ 07 turbo = 09 diesel
amazon:
Whould you believe it?
Well you should because it's true. A brand new cayenne diesel (2009) can be bought for around 65.000 EUR.
A face lifted cayenne turbo with 40k on the clock is on sale for ... 67.000 EUR.
I bet the panamera won't hold its value any better.
I believe it. Right now, the Panamera is still new but I bet that in a year or so, you can get a used Panamera Turbo under 100000 EUR with less than 50000 km.
Especially after the new Cayenne shows up, the Panamera will have a tough time in my opinion but maybe I'm wrong, who knows?!
--
RC (Germany) - Rennteam Editor 997 Turbo, Cayenne Turbo S, BMW M3 Cab DKG, Mini Cooper S JCW
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