Apr 18, 2007 1:50:41 PM
Apr 18, 2007 2:43:12 PM
Quote:
nberry said:
David, I am very much aware that the RS is a track car. Porsche leasing will not lease the car claiming it is a track car. But do you believe that the buyers of the RS will use the car for only track events? If so, you you are more naive then I take you for.
I would wager most of the miles will be done on public road and very few if any at the track. The spectacle of a track dedicated Porsche driving around with a huge silly tail and writing on the side of the car will be comical . I wonder if the owners will be driving their RS around town wearing their flame retardant suits, gloves and crash helmet.
Quote:
nberry said:
So help me out. Explain why the RS is commanding a $50,000 premium? I am just a poor clod lusting after Porsche's. I really would like to be educated about this situation.
Quote:
RR4 said:
US GT3RS's are being sold into Canada.
The MSRP for a RS in Canada is US$154,000. In the US its $126,000. I'm not sure about your "$50,000" premium, but the $30,000 premium Canadian buyers are willing to pay AND they are paying it.
Again, it is not the only reason for this anomoly, but it is a driving force.
Porsche has not adjusted it's pricing in Canada to account for the US/CDN dollar disparity - if they did they would wipe out the value of Pre-Owned Porsche's sitting on Canadian dealers lots.
Further b/c there are so few RS's allocated, 239 in the US and only 12 in Canada, its easy to see why US dealers are doing this. They don't care if it is a Canadian, or an American who buys the car so long as they are getting at least the $30,000 above MSRP.
There are many re-sellers/brokers of premium cars in Canada, especially the Toronto area and they are all selling US models, due to the currency disparity. I know, b/c I have one around the corner from my office. Further a very good friend of mine was doing the oppposite - and making a good living at it - in the 80's when the disparity favoured buying cars (particularily GM cars) in Canada and selling into the US.
Believe me, it's there and it is a seriously DRIVING force/problem. Back in those days it got so bad that GM started to not honour warranty for Canadian GM cars that were brought to US dealers for warranty work - it was a huge issue.
On March 28 2007 Porsche announced the same - ie Canadian Porsche dealers will not honour warranty work on US cars brought into Canadian dealers.
If you are naiive to think that Canada couldn't be a driving force, note that the Toronto area has the highest number of Ferrari's per capita outside of the Southern California area.
Quote:
frayed said:
Nick, I actually agree that paying a premium for the RS is absurd, but I don't agree with your assessment of the car on its merits. Statements like "we know that the 997TT, 996GT2, 997GT3, the coming 997GT2 and 997TTX50 will perform as well if not better than the RS" are obtuse.
And, your comparo on premiums of a *used* GT2 or a CGT are of limited significance. CGTs got a premium when they came out, remember? CGTs were 440k cars made out of carbon fiber and run on pixie dust and star twinkles. I fail to see the relevance to the RS.
Quote:
JFT said:Quote:
nberry said:
With this post my jihad against the RS is over.
Try one. Then feel free to spread your wisdom again!
Quote:
nberry said:
David, I am very much aware that the RS is a track car. Porsche leasing will not lease the car claiming it is a track car. But do you believe that the buyers of the RS will use the car for only track events? If so, you you are more naive then I take you for.
I would wager most of the miles will be done on public road and very few if any at the track. The spectacle of a track dedicated Porsche driving around with a huge silly tail and writing on the side of the car will be comical . I wonder if the owners will be driving their RS around town wearing their flame retardant suits, gloves and crash helmet.
Apr 19, 2007 3:25:45 PM
Quote:
Damian said:
Nick, what makes a 430 spyder worth $50K over sticker? Poseur premium? .... Each and every night I pray to the spirit of The Old Man-- Enzo that you don't wear gold chains on the outside of your t-shirt while driving the 430-- tangled in chest hair?? ....I am sure you do not, just having a little fun, sorry.
The RS wing is ridiculously huge, but so what? It's fully functional and yeah it's bolted to a Kermit the frog green 997 body... we Porsche fanatics have our quirks, so sue us!
The new GT3 RS will be available for sticker + $10K or less in 6 or 7 months, mark my words... the actual current RS market is +$30K for anyone willing to spend an hour phoning around, don't put too much stock in the $200K hype...I suppose SOMEONE somewhere may pay $190K for a GT3RS, just like somebody w/low price elasticity/demand might pay $340K for a 430 cab. On the legal front, do you have any knowledge of whether anything has yet transpired on the legal action regarding Ben K./Cory R. CGT tragedy?
Quote:
nberry said:
Ben's case was resolved. His estate was dismissed and his widow and child can proceed with their lives without fear of future litigation regarding this tragic matter.
Apr 20, 2007 1:16:11 PM
Quote:
RR4 said:
Where is the proof that the "demand" for the RS is there?
Explain that to me.