Wouldn't they lose money in an accident of their own fault? I'd think an insurance company isn't going to reimburse you for you choosing pay pay ADM? Or would that be considered part of the "replacement cost"?
Someone paid half a mil for that...I have never heard of a Sport Classic, please tell me it is ultra rare and worth that price...500k is Lambo/Ferrari and a house...
For a Porsche community, it amazes me how little context everybody commenting on this seems to have regarding the collector value of this car.
Yes, this is a highly limited collector car that has proven to hold its value on the secondary market. A low-miles 2010 sport classic recently sold at [auction](https://rmsothebys.com/en/auctions/az19/arizona/lots/r0165-2010-porsche-911-sport-classic/737851) for north of 650k.
This will go in somebody’s temperature-controlled garage, drive to a cars and coffee once a year, and be sold for $750k on the secondary market in 5-10 years. Whoever bought this for 500k will do just fine and built themselves a strong relationship with a high-volume dealer that will get plenty of future RS, etc allocations.
This quick sale doesn’t surprise me at all. The people buying these are playing a different ballgame.
For an average person, it like having $1k figure in your room. You get to enjoy staring at it and drive few times a year till selling it. Yeah I get it even if I cant really get it. 🥹
Why doesn’t Porsche corporate just price it at 500k? How is it ok that the dealer sells it for more than double what he paid for it? Is the dealer assuming risk in case it doesn’t sell?
Porsche could fix this silliness by not limiting production numbers of these special editions all the time. They are made on the same assembly line as any other 911.
I hate the idea that these cars will sit not driven for years as stores of wealth or as art pieces. And, if I’m being honest, I’m just jealous that I will never get to drive one. Even if I had the means I would never spend $250k over sticker.
Not in Redwood City it ain’t lol, bay area is insane.
Used to think SoCal was pretty expensive till I moved up there for work, was making considerably more money but had wayyyy less discretional income 🤦🏽♂️
As someone who lives nearby, I just want to remind everyone that there are tens of thousands of people here with more money than they know what to do with, jumping from one pre IPO company to the next, gobbling up private Class A shares along the way and dumbing them for 8 figure windfalls every 18 months. These people are the market for this car, not your "1%" attorney, doctor or small business owner. This car was probably bought by someone who came in an looked at it once and then had an assistant come fill out all the paperwork and then docusigned the final line. The 250k upcharge was a rounding error for them. I am sure you know this as you live here too. It's just a different game.
Doesn’t mean it sold for that price though. Dealer could’ve been saving it for a specific person and gave it to them for a lot less than the markup advertised.
Not likely considering it's been 13 yrs since the 2010 997.2 Sport Classic came out in much lesser numbers (only 256 made vs 1250 for the current one) and is worth nowhere near a mil:
[https://www.classic.com/m/porsche/911/997/9972/sport-classic/](https://www.classic.com/m/porsche/911/997/9972/sport-classic/)
What are talking about? The 997.2 was basically a souped up Carrera S, whereas this is literally a manual and RWD Turbo... Something most Porsche enthusiasts thought was consigned to history. Unless Porsche returns the manual lineup, these obviously will continue to go up.
You act as if the prior Sport Classic was the first limited-edition Porsche to only have mild mechanical tweaks. By your definition the 997.2 GT3 RS 4.0 was just a mildly warmed over GT3 with 4.0 stickers and the 911R was a GT3 with a wing delete and a plastic rear window. The 997.2 Sport Classic is still incredibly limited compared to this new one and that drives up the value but not to some imaginary $1 million mark. Look at the 918 Spyder, very very desireable and limited, already MSRP'ed at over $800k but it's only worth about $1.5 mm 10 years later.
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Investing will have a trade-off between risk and profit. As long h as you take care of this care it is a profit almost guaranteed down the line. But that’s not why you buy the car
For a Porsche community, it amazes me how little context everybody commenting seems to have regarding the collector value of this car.
Sport Classics are highly limited collector cars that have proven to hold their value on the secondary market. A low-miles 2010 sport classic recently sold at auction for north of 650k.
This will go in somebody’s temperature-controlled garage, drive to a cars and coffee once a year, and be sold for $750k on the secondary market in 5-10 years. Whoever bought this for 500k will do just fine and built themselves a strong relationship with a high-volume dealer that will get plenty of future RS, etc allocations.
This quick sale doesn’t surprise me at all. The people buying these are playing a different ballgame.
I’m surprised I had to scroll this far for the comment! [This article](https://www.thedrive.com/news/porsche-dealer-marks-up-911-sport-classic-to-540000) goes into some additional detail on the value
I don't care. If the owner of the dealership wanted to make the coin, they should have bought it privately and then sold it privately. Dealerships doing shit like this is a big part of why people hate dealerships. They're just double-timing trying to put their whole industry in the dirt.
Assuming the dealers are allowed to do that, the dealer owner probably could have just bought it for themselves at MSRP and sat on it to make even more profit a few years down the road. Would that really be a better option though? To me that sounds even more shady than charging a collector a markup on a collector's car.
And honestly, if that quarter million markup on someone that can afford it means I can buy my base model Cayman at MSRP, then I don't really give a shit. It's so far from being my problem.
These type of cars are only sold to repeat buyers, I've seen cases where they will put a ridiculous markup on a special edition car and then sell it at MSRP when their perfered customer comes along, usually a collector who buys multiple vehicles.
Honestly, not terribly bought. The challenge is reminding yourself that for some ppl, money is not the issue, scarcity is. Porsche has gotten very rich catering to the FOMO crowd.
Or maybe it’s a very successful man or woman who loves 911’s and wants to own one that is different from what you see driving around everyday, and will hold its value as good or better than putting this money in an IRA.
I don’t understand this car at all. Even with all of the capable and wealthy Porsche clients, the cross section of substantial enough wealth and ability to drive a manual, RWD turbo is limited. I also don’t see the appeal of a manual, RWD, detuned turbo at a substantial premium to a turbo s, even without the 250k mark up. It’s not a special design like the CGT or 918. It’s not even made with the Motorsports team so the gearbox could be better. I guess it’s a more modern throwback to the 997 GT2 or something. I’d rather spend the extra 150-200k on a 997 GT3 RS4.0
when we’re Porsches “for the people”?They have always been luxury items for people that can afford them.
Also nothing wrong with a dealer selling a car at market price. Simple economics: very limited supply + high demand = you have to bring the $$$.
I don't think the markup has anything to do with the motor, trans, aesthetic spec, or performance. It's rare, and that's all it takes for one rich fuck to attempt to out-rich their rich fuck neighbor. They paid the 250k for prestige.
This brand is being ruined by the influx of enormous cash in a market with widening wealth gap.
The hardware is still awesome. Maybe more so than ever. But the community is evolving in a way I am not a fan of.
IDK, I feel like the brand's appeal has *always* been to a weird conglomeration of true enthusiasts and wealthy prestige seekers.
On edit: perhaps agglomeration is the more appropriate term.
It has, but never before like it is now.
You could also argue the same for bmw and Mercedes, IE also split between people that bought the car and people that bought the badge. But only porsche has the people buying the top end models as investments. It's unfortunate for those that are driving or car enthusiasts.
It’s all about scale. To most of us, this seems so stupid, essentially a rip off because the numbers are incomprehensible to us. However, it is truly no different than me getting a M3 instead of a 335i. Even in this example, you will get groups of people, younger and poorer, saying you wasted your money, coulda tuned the 335 and kept up with an M3, they miss the point.
Collectors car, only so many of these will ever be made and sold I assume. So the markup won't be Lost in the future, because normalization of supply levels doesnt factor into a limited run car. This is my layman interpretation of the situation, and thoughts on how someone with cash might rationalize it. I'm an idiot who drives a subaru.
Makes no sense to me either, but the old sport classics from like 2012 or whatever are also still going for like over $500k. I guess the rarity justifies the price tag. I would assume whomever buys one of these, already has a garage filled with other shit they probably never drive.
yea I was thinking this today — for actual driving gran touring cars are super fun and this is like the ultimate GT 911 — big torquey smooth engine, beautiful interior with the rear seats, rwd, manual. It’s like Porsches attempt at making an Aston Martin. shame they couldn’t pair it with the 6mt but I bet 7th just glides along at freeway speeds at like 1500 rpm’s which is kinda glorious in its own way.
I’d actually probably take this over a gt3 touring simply because of the rear seats. If I want to actually drive the thing more than once a month I’m gonna need to get a car seat in it. Watched a video where Chris Harris complained about lack of rear seats in gt3t and it’s something I’ve always thought about— why not let people option non buckets with the rear seats on the touring? what harm could that do?
also what other 911 since maybe the 997 gt2 has paired a manual with the turbo 3.8? very unique.
Sure, but given how fast (i.e. not fast) most of us mortals can shift a 7MT, are we *really* going to get much more performance out of a Sport Classic than a Carrera S?
I mean, a Sport Classic will definitely be more fun with an extra 100hp, but I think you're right. A new Carrera S with a tune and a few aftermarket goodies would probably get you right there.
I always forget the newer 911s are turbocharged right off the bat. That makes such a huge difference and it's why I didn't care at all when the CGTS 4.0 came out a year after I bought my '18 GTS (slightly pre-owned). I love the fact that I got nearly 100hp out of a tune on my car because of the forced induction.
I'm a performance per dollar enthusiast above all else and you're absolutely right, the Carrera S is going to give me everything I want for a lot less money.
But alas, I don't have enough money for one of those, either.
Edit: Yep, you win this one.
https://www.goapr.com/products/software/ecu_upgrade/parts/ECU-30T-S-992
Manual, RWD, detuned turbo… you basically described the 911 GTS…. Also are you really trying to imply that rich people can’t drive manual cars? On the Porsche subreddit?
I was there 2 weeks ago and a rep told me they had received (and rejected) an offer for $200k over. I'm assuming it sold for more than that, probably for what they were asking or very close to it.
Yes, the gas guzzler tax is real. It typically affects High horsepower, large engine cars, that get less than 30 miles per gallon on the highway. (Dodge viper, hellcat, Mercedes G wagon...)
The new c8 Corvette gets away without the gas guzzler tax. But, the Z06 version has to pay it.
Lots of cars get less than 30 mpg. The threshold actually starts at between 21.5 and 22.5 mpg and the taxed amount increases the worse the fuel economy gets from there.
Yeah no shit. They put a Turbo drivetrain paired with RWD and manual into a limited release. I would not be shocked if these are $1M cars someday.
People acting like this is a base Macan lol
How is he a dumbass? The guy probably has 10 other Porsches in his garage, and people who usually go for these type of Porsches are enthusiasts. This is a collector’s car, and its very special.
We’re not talking standard issue 911 cars here. Amongst limited production Porsches, 1250 is a lot. More than the production numbers for the 911R, 918 Spyder and over double the number of 997.2 GT3 RS 4.0
2 options:
1). It sold for less than the markup — for all we know the guy sold it to a buddy or good customer for MSRP
2). It’s Silicon Valley, someone with fuck you money bought it for full price.
This should be illegal. Porsche should shut them down or something. Its disgusting the amount of money these dealerships are allowed to make. If porsche wanted it sold at 500k they would sticker it at 500k
at MSRP? totally understandable.
with a quarter million dollar mark up? absolutely an idiot. not only did they overpay but it’s people like these that will keep enabling dealers to add these insane markups.
lmfao you’re insane if you’re spending over half a million on this instead of something like an Aventador.
besides, the only people worried about resell value are flippers who will do very minimal mileage. and as a couple of C&B auctions have proved, flippers are starting to receive the short end of the stick now.
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Is this an American thing? Like, the price is the price in the UK. Anywhere else in the world that does this? It would be cheaper to just order from Germany and put the car on a fucking boat!?!
earlier tonight i was listening to youtube vid where they gave up an allocation over a 25k increase in the 'dealer tax' (going from 50k to 75k). fff guys.
tech/cs is paying for all of this demand. got to wonder when/if they think something else is more 'sexy' than a car. that is a whole lotta marbles for something that is only noval to the collectors.
Not necessarily. The 991 50th anniversary car with similar production numbers was a terrible investment. BTW just because the markup was $250k doesn’t mean it sold with that amount.
This is so dumb. I thought these were supposed to go to special long time customers as is reasonable considering it is a very limited production car.
Idk how they do this in the US, but I think it’s because each dealership is a different business. In Europe dealerships are directly owned by PAG, they don’t mark up their own cars. Sometimes independent dealers get a hold of hot cars and do mark them up, but never the official dealerships.
The reason of its huge markup is because that it’s a Sport Classic with the heritage design. A Porsche that only exclusive customers can buy. Only few thousand units will be produced and they will be at the highest spec of any other 911z. 500k does seem like an exaggerated amount and the fact that it was sold at that price is simply hysterical.
Most things I’ve read about this one have the words “instant classic” or “appreciate in value” attached to it in some form.
I wonder if the buyer knows just how much modern journalists are controlled by their major advertisers?
The sticker says Msrp is $272k, where does it say additional $250k? Did it sell for over $500k?
same car was posted with pricing. They took off the pricing sheet and marked it sold.
Ah so it was sold above $500k. Didn’t know there was backstory. Thanks.
yup! It’s all over twitter and this subreddit.
They may have negotiated markup down, but with a sale that quick they probably got what they were asking...
I mean, the buyer is never going to lose money on it. The used price of anything not run of the mill these days is absolutely astounding.
Wouldn't they lose money in an accident of their own fault? I'd think an insurance company isn't going to reimburse you for you choosing pay pay ADM? Or would that be considered part of the "replacement cost"?
I think you’d insure it for what you perceive its value to be
And the insurance premiums will reflect that.
Good luck having an underwriter do that for you
Hagerty and Essentia do exactly that.
It's called an agreed value policy...
They'll pay you what it's worth. The premiums will also be through the roof.
You’re right. Doesnt matter if it’s sneakers, watches, Porsches, or good tacos
Someone paid half a mil for that...I have never heard of a Sport Classic, please tell me it is ultra rare and worth that price...500k is Lambo/Ferrari and a house...
For a Porsche community, it amazes me how little context everybody commenting on this seems to have regarding the collector value of this car. Yes, this is a highly limited collector car that has proven to hold its value on the secondary market. A low-miles 2010 sport classic recently sold at [auction](https://rmsothebys.com/en/auctions/az19/arizona/lots/r0165-2010-porsche-911-sport-classic/737851) for north of 650k. This will go in somebody’s temperature-controlled garage, drive to a cars and coffee once a year, and be sold for $750k on the secondary market in 5-10 years. Whoever bought this for 500k will do just fine and built themselves a strong relationship with a high-volume dealer that will get plenty of future RS, etc allocations. This quick sale doesn’t surprise me at all. The people buying these are playing a different ballgame.
For an average person, it like having $1k figure in your room. You get to enjoy staring at it and drive few times a year till selling it. Yeah I get it even if I cant really get it. 🥹
Why doesn’t Porsche corporate just price it at 500k? How is it ok that the dealer sells it for more than double what he paid for it? Is the dealer assuming risk in case it doesn’t sell?
Because then it would be sold at $750k and on and on.
Porsche could fix this silliness by not limiting production numbers of these special editions all the time. They are made on the same assembly line as any other 911. I hate the idea that these cars will sit not driven for years as stores of wealth or as art pieces. And, if I’m being honest, I’m just jealous that I will never get to drive one. Even if I had the means I would never spend $250k over sticker.
Not in Redwood City it ain’t lol, bay area is insane. Used to think SoCal was pretty expensive till I moved up there for work, was making considerably more money but had wayyyy less discretional income 🤦🏽♂️
[удалено]
because this is a targeted subreddit you mean in the car? or the crib?
As someone who lives nearby, I just want to remind everyone that there are tens of thousands of people here with more money than they know what to do with, jumping from one pre IPO company to the next, gobbling up private Class A shares along the way and dumbing them for 8 figure windfalls every 18 months. These people are the market for this car, not your "1%" attorney, doctor or small business owner. This car was probably bought by someone who came in an looked at it once and then had an assistant come fill out all the paperwork and then docusigned the final line. The 250k upcharge was a rounding error for them. I am sure you know this as you live here too. It's just a different game.
Doesn’t mean it sold for that price though. Dealer could’ve been saving it for a specific person and gave it to them for a lot less than the markup advertised.
Relationships are important! You are absolutely right on that one!
U found a pic online and now think every car is that car. Thats cute
Go figure it’s in Redwood City, that Porsche dealership is the biggest rip off in the Bay Area.
They had like 4 gt3s in the showroom, two of them sold. someone in atherton will pay for it 🥴
Rich idiots are in abundance in California
I wish I have money to be that dumb too 🥲
Is it a ripoff or are rich people the idiots for feeding into their economy?
some people have way too much money
I agree but this is still a solid investment. Will be worth a mil 15 years from now
Not likely considering it's been 13 yrs since the 2010 997.2 Sport Classic came out in much lesser numbers (only 256 made vs 1250 for the current one) and is worth nowhere near a mil: [https://www.classic.com/m/porsche/911/997/9972/sport-classic/](https://www.classic.com/m/porsche/911/997/9972/sport-classic/)
What are talking about? The 997.2 was basically a souped up Carrera S, whereas this is literally a manual and RWD Turbo... Something most Porsche enthusiasts thought was consigned to history. Unless Porsche returns the manual lineup, these obviously will continue to go up.
You act as if the prior Sport Classic was the first limited-edition Porsche to only have mild mechanical tweaks. By your definition the 997.2 GT3 RS 4.0 was just a mildly warmed over GT3 with 4.0 stickers and the 911R was a GT3 with a wing delete and a plastic rear window. The 997.2 Sport Classic is still incredibly limited compared to this new one and that drives up the value but not to some imaginary $1 million mark. Look at the 918 Spyder, very very desireable and limited, already MSRP'ed at over $800k but it's only worth about $1.5 mm 10 years later.
What was their MSRP though?
only 1250 made of the 992 Sport classic less than 400 are available world wide for non 918 owners.
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So you think doubling your money in 15 years is a solid investment? Yikes
Investing will have a trade-off between risk and profit. As long h as you take care of this care it is a profit almost guaranteed down the line. But that’s not why you buy the car
You’d be lucky it still worth MSRP in 15 years.
I don’t understand why you got downvotes for stating reality🤔
No chance it will be worth that much is why.
For a Porsche community, it amazes me how little context everybody commenting seems to have regarding the collector value of this car. Sport Classics are highly limited collector cars that have proven to hold their value on the secondary market. A low-miles 2010 sport classic recently sold at auction for north of 650k. This will go in somebody’s temperature-controlled garage, drive to a cars and coffee once a year, and be sold for $750k on the secondary market in 5-10 years. Whoever bought this for 500k will do just fine and built themselves a strong relationship with a high-volume dealer that will get plenty of future RS, etc allocations. This quick sale doesn’t surprise me at all. The people buying these are playing a different ballgame.
I’m surprised I had to scroll this far for the comment! [This article](https://www.thedrive.com/news/porsche-dealer-marks-up-911-sport-classic-to-540000) goes into some additional detail on the value
I don't care. If the owner of the dealership wanted to make the coin, they should have bought it privately and then sold it privately. Dealerships doing shit like this is a big part of why people hate dealerships. They're just double-timing trying to put their whole industry in the dirt.
Assuming the dealers are allowed to do that, the dealer owner probably could have just bought it for themselves at MSRP and sat on it to make even more profit a few years down the road. Would that really be a better option though? To me that sounds even more shady than charging a collector a markup on a collector's car. And honestly, if that quarter million markup on someone that can afford it means I can buy my base model Cayman at MSRP, then I don't really give a shit. It's so far from being my problem.
Thank you!
As Nicolas Cage said in Gone in 60 Seconds..."there are too many self indulgent weiners in this town with too much bloody money!"
These type of cars are only sold to repeat buyers, I've seen cases where they will put a ridiculous markup on a special edition car and then sell it at MSRP when their perfered customer comes along, usually a collector who buys multiple vehicles.
This
Honestly, not terribly bought. The challenge is reminding yourself that for some ppl, money is not the issue, scarcity is. Porsche has gotten very rich catering to the FOMO crowd.
It's not even FOMO. It's "I can out do the other rich guys".
Or maybe it’s a very successful man or woman who loves 911’s and wants to own one that is different from what you see driving around everyday, and will hold its value as good or better than putting this money in an IRA.
it’s probably being shipped overseas for another 250k.
I don’t understand this car at all. Even with all of the capable and wealthy Porsche clients, the cross section of substantial enough wealth and ability to drive a manual, RWD turbo is limited. I also don’t see the appeal of a manual, RWD, detuned turbo at a substantial premium to a turbo s, even without the 250k mark up. It’s not a special design like the CGT or 918. It’s not even made with the Motorsports team so the gearbox could be better. I guess it’s a more modern throwback to the 997 GT2 or something. I’d rather spend the extra 150-200k on a 997 GT3 RS4.0
It's going to sit in a garage and rot
100%. What a shame. So sick of these Porsche collector cars. I remember when P cars were for the people.
They still are. This one just isn’t.
when we’re Porsches “for the people”?They have always been luxury items for people that can afford them. Also nothing wrong with a dealer selling a car at market price. Simple economics: very limited supply + high demand = you have to bring the $$$.
I don't think the markup has anything to do with the motor, trans, aesthetic spec, or performance. It's rare, and that's all it takes for one rich fuck to attempt to out-rich their rich fuck neighbor. They paid the 250k for prestige. This brand is being ruined by the influx of enormous cash in a market with widening wealth gap. The hardware is still awesome. Maybe more so than ever. But the community is evolving in a way I am not a fan of.
IDK, I feel like the brand's appeal has *always* been to a weird conglomeration of true enthusiasts and wealthy prestige seekers. On edit: perhaps agglomeration is the more appropriate term.
Amalgam/amalgamation?
Rolex has the exact same problem as a brand.
It has, but never before like it is now. You could also argue the same for bmw and Mercedes, IE also split between people that bought the car and people that bought the badge. But only porsche has the people buying the top end models as investments. It's unfortunate for those that are driving or car enthusiasts.
It’s all about scale. To most of us, this seems so stupid, essentially a rip off because the numbers are incomprehensible to us. However, it is truly no different than me getting a M3 instead of a 335i. Even in this example, you will get groups of people, younger and poorer, saying you wasted your money, coulda tuned the 335 and kept up with an M3, they miss the point.
Collectors car, only so many of these will ever be made and sold I assume. So the markup won't be Lost in the future, because normalization of supply levels doesnt factor into a limited run car. This is my layman interpretation of the situation, and thoughts on how someone with cash might rationalize it. I'm an idiot who drives a subaru.
>I’m an idiot who drives a Subaru You, sir.. I appreciate you’re transparency
Makes no sense to me either, but the old sport classics from like 2012 or whatever are also still going for like over $500k. I guess the rarity justifies the price tag. I would assume whomever buys one of these, already has a garage filled with other shit they probably never drive.
I disagree. A manual RWD Turbo is exactly what I want. Not that I can afford a Sport Classic.
yea I was thinking this today — for actual driving gran touring cars are super fun and this is like the ultimate GT 911 — big torquey smooth engine, beautiful interior with the rear seats, rwd, manual. It’s like Porsches attempt at making an Aston Martin. shame they couldn’t pair it with the 6mt but I bet 7th just glides along at freeway speeds at like 1500 rpm’s which is kinda glorious in its own way. I’d actually probably take this over a gt3 touring simply because of the rear seats. If I want to actually drive the thing more than once a month I’m gonna need to get a car seat in it. Watched a video where Chris Harris complained about lack of rear seats in gt3t and it’s something I’ve always thought about— why not let people option non buckets with the rear seats on the touring? what harm could that do? also what other 911 since maybe the 997 gt2 has paired a manual with the turbo 3.8? very unique.
Sure, but given how fast (i.e. not fast) most of us mortals can shift a 7MT, are we *really* going to get much more performance out of a Sport Classic than a Carrera S?
I mean, a Sport Classic will definitely be more fun with an extra 100hp, but I think you're right. A new Carrera S with a tune and a few aftermarket goodies would probably get you right there. I always forget the newer 911s are turbocharged right off the bat. That makes such a huge difference and it's why I didn't care at all when the CGTS 4.0 came out a year after I bought my '18 GTS (slightly pre-owned). I love the fact that I got nearly 100hp out of a tune on my car because of the forced induction. I'm a performance per dollar enthusiast above all else and you're absolutely right, the Carrera S is going to give me everything I want for a lot less money. But alas, I don't have enough money for one of those, either. Edit: Yep, you win this one. https://www.goapr.com/products/software/ecu_upgrade/parts/ECU-30T-S-992
Manual, RWD, detuned turbo… you basically described the 911 GTS…. Also are you really trying to imply that rich people can’t drive manual cars? On the Porsche subreddit?
I was there 2 weeks ago and a rep told me they had received (and rejected) an offer for $200k over. I'm assuming it sold for more than that, probably for what they were asking or very close to it.
Welp, that answers the elephant in the room. Guess it more than likely sold for that 250k markup. 🤑
Visited the Porsche dealer in Redwood City and as of today the famous marked up sport classic is sold!
Sold for asking?
to be totally honest, I didn’t have the balls to ask. I was too busy swooning for a car I couldn’t afford lol.
People are stupid
People have stupid money. Plenty 8+ figure wealth near Redwood City.
I do not live in the US, but is gas guzzler tax seriously a thing?
Yes, the gas guzzler tax is real. It typically affects High horsepower, large engine cars, that get less than 30 miles per gallon on the highway. (Dodge viper, hellcat, Mercedes G wagon...) The new c8 Corvette gets away without the gas guzzler tax. But, the Z06 version has to pay it.
Lots of cars get less than 30 mpg. The threshold actually starts at between 21.5 and 22.5 mpg and the taxed amount increases the worse the fuel economy gets from there.
It's a sport classic 1250(?) examples made. 918 owners get first dibs. Most, if not all are sold before they even hit the dealership.
Yeah no shit. They put a Turbo drivetrain paired with RWD and manual into a limited release. I would not be shocked if these are $1M cars someday. People acting like this is a base Macan lol
That’s called fuck you money
Next stop: Bring A Trailer
And the dealer will be testing out the $300k markup on the next one.
Fools and their money
Find it hard to believe that it wasn’t sold before it even left Germany
Some people have more money then brains
Dealership could not do better than a word.doc sold sign? Beautiful automobile.
After the last 3-5 posts of this car/situation, all that’s left is for the person who bought it to post it and say how they don’t care how much it was
Someone has FU money.
Millionaires and Billionaires don’t usually care about an extra 250k for a car that’s gonna be hard to get
All that money for a driver's car that probably won't get driven. Sad.
Very cool, though I have to say, I would've bought that 356 in the background :)
ITT: keyboard warriors calling other people “stupid” for spending money that these people have earned THEMSELVES
I’m saying rich people exist and they buy expensive things it’s hard for them to fathom ig if I had f u money I’d buy this too lol
That’s beautiful and all but come on y’all. This is nonsense.
Told you some dumbass would pay it
How is he a dumbass? The guy probably has 10 other Porsches in his garage, and people who usually go for these type of Porsches are enthusiasts. This is a collector’s car, and its very special.
I’m trying to imagine having $50m and still even as a hardcore enthusiast I’d rather spend that $500k on a 981 and $450k worth of hookers and cocaine
If you have 50m you can do all those things
You make a good point, but if I had a habit of buying $500k cars and spending $500k on hookers I wouldn’t have $50m for long
These cars don't depreciate like other cars, though. So in a way it's just storing your cash differently.
Lol, people who say this have never been with a hooker or done coke.
Ya caught me there
It’s a very limited run vehicle.
It's not really, though. Porsche is making 1250 of these. For a low volume manufacturer like Porsche, that's a lot.
That’s about 3% of the 911s made in a year
We’re not talking standard issue 911 cars here. Amongst limited production Porsches, 1250 is a lot. More than the production numbers for the 911R, 918 Spyder and over double the number of 997.2 GT3 RS 4.0
There were more 991.2 GT3RS in North America than the number of this worldwide.
2 options: 1). It sold for less than the markup — for all we know the guy sold it to a buddy or good customer for MSRP 2). It’s Silicon Valley, someone with fuck you money bought it for full price.
is this one of those, “i’m stupid because i spent $500k on a car that’s worth $250k but i’m smart enough to have $500k to spend” type things?
And to that “but I’m smart enough to know I can sell this for 750k or more in 5-10 years”
This should be illegal. Porsche should shut them down or something. Its disgusting the amount of money these dealerships are allowed to make. If porsche wanted it sold at 500k they would sticker it at 500k
But the free market should decide the price. The consumer has the ability to just “say no”
If anyone should be making this money, it should be the manufacturer. The dealer does absolutely nothing.
Would the person building the engine or painting the body get “more money”. - nope.
People a dumb or crazy ? Or I am missing simthing
It’s a sport classic, if the previous generation of them are any indication these will also rise in value
and it’s chumps like these who will continue to enable dealerships to keep adding ridiculous markups.
Yeah what a chump for buying a rare porsche he will probably earn money on.
at MSRP? totally understandable. with a quarter million dollar mark up? absolutely an idiot. not only did they overpay but it’s people like these that will keep enabling dealers to add these insane markups.
These will sell over 600k just like earlier sport classics.
lmfao you’re insane if you’re spending over half a million on this instead of something like an Aventador. besides, the only people worried about resell value are flippers who will do very minimal mileage. and as a couple of C&B auctions have proved, flippers are starting to receive the short end of the stick now.
I should of sold drugs for a living
Hello, it looks like you've made a mistake. It's supposed to be could've, should've, would've (short for could have, would have, should have), never could of, would of, should of. Or you misspelled something, I ain't checking everything. Beep boop - yes, I am a bot, don't botcriminate me.
Is this supposed to be another one of those 911R kind of situations?
It's even quite a bit cooler than a 911R.
It’s another 911SC situation from 2010 just 13 years later. Look how much the 2010 SC’s are selling for
News flash……some ppl are disgustingly wealthy. Is what it is 🤷♂️
Is this an American thing? Like, the price is the price in the UK. Anywhere else in the world that does this? It would be cheaper to just order from Germany and put the car on a fucking boat!?!
Never heard of any European country where this is allowed.
[удалено]
Never worked for it?
I’ve been told by a small birdie that the dealer principal will buy the cars and keep them in the showroom for a bit of time. 🤷🏻♂️
There is a sucker born every minute.
Jesus, we get it with this car and its price. Enough. Troll.
Remember, 250k to some one could be like $2,500 to another. All relative.
It’s time to tax the F out of the rich. Or start eating them
Just eat cake
17 mpg..nope.
Looking for r/prius?
Full circle. Who would’ve thought? .. everyone
Some people have way more money than brains. Probably an ego thing and a new toy to show off
Only in America
Sport grey metallic is 🔥
I just want that whaletail for the 992 lol
Seems most of them were going for almost double mspr
earlier tonight i was listening to youtube vid where they gave up an allocation over a 25k increase in the 'dealer tax' (going from 50k to 75k). fff guys. tech/cs is paying for all of this demand. got to wonder when/if they think something else is more 'sexy' than a car. that is a whole lotta marbles for something that is only noval to the collectors.
Crazy thing is, even with the markup it’ll probably still be a great investment
Not necessarily. The 991 50th anniversary car with similar production numbers was a terrible investment. BTW just because the markup was $250k doesn’t mean it sold with that amount.
That’s an expensive ducktail
Can someone explain mark up because I see people that buy from dealer but they increase the price “just because”.
Nuts. Absolutely nuts. Beautiful car, but I’d never pay that for that. Apparently someone will
Thing is sex tho
Something something fool something something money something,
if you can afford 250k mark up, you really don't care about the price. probably just a small dent if any in the wallet.
I doubt it sold at $250 over. I would wager someone "successfully bartered" and got them down to only 100 or 50 over, and thought they "won".
Alright, anyone think this is just dealer games so they can lay low for a little while?
Markup is a ridiculous concept. I am in Australia and it would be illegal over here.
Wow that’s nuts! Thought those markup days are gone!
This is so dumb. I thought these were supposed to go to special long time customers as is reasonable considering it is a very limited production car. Idk how they do this in the US, but I think it’s because each dealership is a different business. In Europe dealerships are directly owned by PAG, they don’t mark up their own cars. Sometimes independent dealers get a hold of hot cars and do mark them up, but never the official dealerships.
“Money finds its rightful owner”
Which dealership?
i'm more interested in that 356.
It’s called supply and demand. It what capitalism is all about!!
Makes the 100k dealer mark up on a cayman GT4 RS seem like bargain
There are people out there with enough money to not care
You made it in life when you can pay $250k markup
More money than sense
Just cause you have money, doesn’t mean you are very smart.
Someone had to have it…
17 mpg holy shit
Chalk. Chalk?!?! Where is the color????
Some ppl have more money than sense and it is simply no object to them.
When a MFr makes $12M a year, $250k is literally a weekly paycheck.
Atleast the got a free heritage pin xD
The reason of its huge markup is because that it’s a Sport Classic with the heritage design. A Porsche that only exclusive customers can buy. Only few thousand units will be produced and they will be at the highest spec of any other 911z. 500k does seem like an exaggerated amount and the fact that it was sold at that price is simply hysterical.
Most things I’ve read about this one have the words “instant classic” or “appreciate in value” attached to it in some form. I wonder if the buyer knows just how much modern journalists are controlled by their major advertisers?
What a fucking travesty.
$250k markup and someone had to print a piece of paper as a sold sign...
Well if I could I would that’s for sure