Proving Electric Cars Won't Suck - /DRIVE on NBC Sports: EP08 PT04 - YouTube
[ame=http://www.youtube.com/watch?v=LC5DaAwJhpU&list=UU5rBpVgv83gYPZ593XwQUsA]Proving Electric Cars Won't Suck - /DRIVE on NBC Sports: EP08 PT04 - YouTube[/ame]
I have it on good authority just today that that the ROW/Eu allocations are FAR from sold out. Phenomenal car though, nothing less than excellence is expected from Porsche Ag (to borrow Karl Ludvigsen's phrase!).
Maybe they are trying to create a buyer panic so anyone on the fence will move and order? I know there was both a limit of 918 units but also there was an order window. Wonder if they are thinking that the "sold out" is the equivalent of "order window closed". I've thought about getting one. Regret not doing the P1 at the moment but if they don't hold value once they are all out in the wild will be just fine with it. For the P1 or 918 I just didn't want to take a bath on either car. There are not a huge number of options for either so as long as you find a color you like in the aftermarket (and you can always wrap one) you could get a very low mile one at a sizable discount to the MSRP originally sold for.
Video out by EVO. 918 beats the P1!!!! Mclaren then gave better set of tires on the P1 to them after the beat. On the Trofeo sticky tires the P1 then beat the 918 by 1.2 seconds. https://www.youtube.com/watch?v=IiyyO7vrdiI
Not sure why you think they wont hold value. I have a feeling that they will all trade over a million dollars. You will regret not buying one new
Why? Just because there are too many of them first of all. You can get one today for under a million so just seems unlikely they will trade over a million anytime soon. Most experts in the high end market think that once the full production runs of the 918 and P1 are out there and start moving around between owners you will see a drop. The 918 first because of the quantity and the P1 if the 918 beats the P1. If people realize that the P1 is losing on the ring and the various tracks when matched with same rubber the perceived value on the P1 will drop. We just saw the first shootout with both cars on stock tires and the 918 won in that EVO track test. They put the P1 on the Trofeo's and it barely won by a second. You can get the 918 will get the same track tires and beat the P1 and when it does the value on those cars will not be as strong. It's just the name of the game. Everyone wants the king of the block. Hey I'd be happy with either car but just don't want to be the guy losing quarter mil or more on it. I'd rather let somebody else take that bath and pick up their low mile car. Most of the owners save the miles for the next owners
It seems McLaren had to send track tires to beat the Porsche. Guess the 650S 2.0 isn't so fast after all
How did that logic work out on the cgts that now you cant touch for under msrp at all. Most trade at mid 5's Most experts in the high end market..... Who are you referring to ... You mean fortune tellers with the car crystal ball....... Bottom line is I doubt you will get people trading the 918's especially because of the vip program that Porsche put in place which is a real benefit. 918 of them for the world with 300 to 350 coming to the states is very low inventory. Good luck in finding one and I guess we will see.
Well.....I could find one right now and order it still (the 918). As far as experts these are people who manage or run high end dealerships. Ferrari, Porsche, Mclaren dealerships and exotic car importers. These guys trade these things all the time and know the markets. It's possible they could be wrong and so could I. Only time will tell. Calculated risk I am making based on advice from some successful people who have been in the high end exotic biz for 10 to 20 years. They certainly know more than me.
Holy... that looks amazing in dark blue. [quote="StormBringer";143412882]Man those yellow cars are Not my cup of tea. The Sultan of Brunei had many painted in some form of yellow. ....[/quote] The yellow car looks like it has door handles off a Noble. None of the other photos here has those, so I suspect it's sort of a test mule.
Let me guess if you want to buy one of these 918s it would be from one of them used.... hmm sounds like distorted advice if you ask me. 918's are sold out.... so I don't believe you could order them and anyone tells you that dealers have slots are WRONG... PCNA requires a 200k deposit from a real client and cant be a dealer... I don't believe you can order them... That being said I own one and I will enjoy it and quite honestly if they drop or go up I don't care because I am not selling. I ll be sure to post pics of my enjoyment ....
They are SOON to be sold out. But not yet. Don't believe me? Call your dealer and ask today. They are still shy of the 918 total but getting closer. Enjoy the car BTW. It is awesome. I've considered getting one as I said so that should say alot. I'm just gambling they will drop and I can pick one up considerably lower. If you are not selling and don't care about the intrinsic value possibly going down it doesn't matter does it? Even if it went to zero and you don't plan on selling it may not matter to you. I on the other hand have a mental block against largely depreciating assets. Guess what? Being an exotic car nut is a terrible affliction to have when you ALSO have the mental block against losing large chunks of money. I always figure I can take that same money, invest it and double it in 3 to 6 years and compound that again in 3 to 6 years. Wash, rinse and repeat. $1 mil for a 918 could represent $8 million in as little as 9 years with 24% annual returns. Even a more modest 12% return gets you to 2M in 6 years and 4M in just 12 years. Will be hard for any of these supercars to compete with that except maybe LaFerrari. So for now I wait and see what happens and continue to compound....
Interesting debate back-and-forth. Some facts: 1. 918 allocations are still available. But not from every authorized Porsche dealer, some have sold out their allocations, but a few still have allocations available. 2. 918s are available for sale in the secondary market both privately and publicly advertised 2014 Porsche 918 For Sale - 827 - duPont REGISTRY and this: http://www.porscheplanotexas.com/showroom/2015/Porsche/918+Spyder/Convertible.htm 3. Nobody knows what anything will trade for 12 months from now, at best, its all speculation based on an educated guess. Carry on gentlemen, fascinating stuff.
Those are not real cars for sale. Show me one that is for sale in the US on the used market that I can go and pick up today. I think there are none. I know of one in the world and it is in the middle east in a dealership that is for sale. I hear its going for a lot more than the msrp. I also don't believe that dealers have the allocations. I think they are all saying they do. Try ordering one and see what happens.
Why wouldn't you believe it? Call up any of the 918 PCCD specialists at Porsche Cars NA in Atlanta or email them. If you did buy a 918 you have the phone and email of the contacts who are involved in ordering and customizing the 918. You can't order a 918 without getting that info and speaking to them. Talk to Melissa who you had to speak with regarding options if you ordered the car or took delivery. They are all very accessible via cell and email I've found. They will confirm to you the status although they likely won't quote exactly where they are in the 918 unit ladder. Let us know what they say. Also please post photos of yours. Would enjoy seeing them. What colors did you get? Did you do Weissach? What about metallic paint? Standard or magnesium wheels?
I understand where you are coming from, as someone who has an ownership point of view. The 2 Ads on DPR are separately related to a real new car that is being flipped and a dealer who still has allocations available as of this past week, per my client who was able to order one. If you exclude the USA car that is being flipped (doubtless there are more - I have another client whose car I can buy privately), I see six (6) real cars advertised for sale, two in the Middle East and four in Europe. Ive checked on one with a colleague in the Middle East, and two of the vendors in Europe are personally known to me in my line of work, and I can tell you they are all real, and doubtless there will be more as deliveries continue. The USA is the last to receive cars so give it a little time and you'll have some choice in the market here too. Here are the cars available as of today: 684 miles - 2014 Porsche 918 Spyder - sofort | Classic Driver Market $983,190 net for an overseas buyer. 56 miles - 2014 Porsche 918 Spyder - Hybrid, Lt Nov 2014 | Classic Driver Market $925,300 net for an overseas buyer. 933 miles - 2014 Porsche 918 Spyder | Classic Driver Market No price given. 311 miles - 2014 Porsche 918 Spyder - Hybrid | Classic Driver Market No price given. If anything, these Ads show that even in the early hyped-up retail markets that cars being flipped enjoy, the sales numbers are very reasonable, and not "a lot more than the msrp" as you might see in the case of say, a La Ferrari. In fact they appear to me to be around list price with options included. Here are two (2) more cars available in the Middle East by known vendors, one in Riyadh in Saudi Arabia and the other in Dubai in the United Arab Emirates: 2 Porsche 918 Spyder for sale on JamesEdition Some dealers in the USA do in fact have a few allocations, and no, they are not "all saying they do". It depends on which dealer. For example, my local dealer is out. I was there just this past week. However, another dealer right here in California has signed up a client of mine just this week. As the owner of a GT3 RS and a 991 GT3 who bought his first 911 27 years ago, Ive forged some relationships in the Porsche world along the way that yield accurate information, of that I can assure you. I'll repeat my sentiment that I understand where you are coming from as an owner, naturally you want values to be strong or even increase, and who knows, perhaps they will. FWIW my take on this subject is as a neutral observer as I am not a prospective owner for the 918, simply an interested party from the standpoint of being a Porsche Ag admirer. I hope my post helps paint a little more accurate picture of the current status of the market for the car.
Thanks Joe for the info. Very much appreciated. I think you have proved my point that there are 918's both new and resale to be had anytime for one who wants one. As you said not something a current owner might want to hear but buying a 918 has its risks if you care about it from an investment perspective (as I do). I'm not sure where the other poster is getting his info from but your observations and info are the same as what I have gathered. I may have to look you up in the future to help me find a good clean (and hopefully nicely discounted) 918 once they all are delivered and the market potentially softens a bit.
If you are buying cars for investments... good luck.. that is a losing proposition. There are very few cars that over a period of time appreciate to cover the cost to maintain insure etc. Cars are a hobby, not an investment or atleast a good one. And by the way your analysis of doubling your money every 3 to 6 years is really interesting... Not sure that is sustainable.... But sounds like you know everything about cars and investments and you have a plan so any more advice you have to share I d love to hear it
Joe, are there any in the US for sale used that you do not have export in.... I believe not which proves my point. They are all overseas which is and was my point... Lastly, as an owner of this car it doesn't matter whether there are a 100 available or 0 available, it doesn't matter to me. What I always find interesting is when people offer their opinions and not their money on subjects and when their opinions are distorted...
It took almost 10 years for the CGT to go back to it's original MSRP. Mid $500k are "asking" prices and realistic only on garage queens with no miles, cars driven (even occasionally) bring low $400k at the moment. Remember CGTs selling in high $200ks not that long ago?
Let me guess, you all have better information than this. My point is I have heard so many people that don't know and never even would come close to buy a car like this nor speak to a dealer or whatever and at some point its just people behind a computer screen with talking bs. I am not saying that's what is going on but it is in the press they are sold out from a Porsche executive. 297 coming to US. In my opinion that is sold out. Joe, your cars you list are overseas, not in the US. Show me a link to a car for sale that is built on the used market in the US right now. I don't see one. IF you have a client that is selling supposedly, I ll buy and sell my position because I want the car now. I don't believe there are any for sale used in the US until I see one advertised or I speak to the person selling because I am buying..... Like I said, computer screens make mountains out of ant hills Porsche 918 Spyder now officially sold out - Motoring Research
