Porsche Has A Plan To Combat The Speculators

Porsche GT boss Andreas Preuninger has expressed displeasure at those who 'flip' his division's cars for profit, and has a plan to crack down on such shenanigans
Porsche Has A Plan To Combat The Speculators

We’re used to the routine by now. Porsche’s GT division will create a car. It’ll get rave reviews from the motoring press. Demand will far outstrips supply. And then nearly new examples crop up in the classifieds with enormously inflated price tags.

It’s not a problem exclusive to Porsche, but GT boss Andreas Preuninger doesn’t seem too thrilled about the situation when it comes to Stuttgart’s finest sports cars. “I personally like to see my cars being used. That’s what we build them for. They are just too good to be left to stand and collect dust,” he told Car and Driver.

He went on to comment on 911 R buyers who were unhappy with the decision to fit the updated 911 GT3 with a manual gearbox, seemingly robbing the R of some of its exclusivity. “When I said we’re not a hedge fund, I’m talking to those people who are yelling at us for offering the manual transmission similar to the R…But if there are people wanting to buy cars like that, then as a company we should try to fulfill that, to meet that demand,” he explained.

Porsche Has A Plan To Combat The Speculators

In order to combat the situation, Preuninger assured that Porsche is “monitoring very closely who is flipping cars”. If you’re found to be ‘guilty’ of the practice, you’re unlikely to get your name on the next for the next car produced by Porsche GT.

“It’s not a punishment but a strategy: to supply the cars to the customers who will really use them,” Preuninger said.

Sounds fair to us.

Comments

Niall Lea

Shmee150’s latest investment has just gone down the pan then.

05/30/2017 - 17:37 |
0 | 0

i think they will make exception for his case…

05/31/2017 - 08:20 |
0 | 0
overdose of torque (Mclaren squad)

But black on black the people search “batmobile” 😂

05/30/2017 - 17:38 |
0 | 0
Williard

Think the only way Porsche could guarantee that it doesn’t happen is to put it into the contract during handover that the car must be sold back to Porsche, approved reseller or a pre-vetted buyer chosen by Porsche and put on a waiting list, along with the stipulation the car cannot be sold for over the original asking price for a period of 10 years (due to inflation)

05/30/2017 - 17:46 |
3 | 0
240sx ftw

This makes me so happy.
There are lots of dealers that have 991 GT3 RS with under 100 miles that want in excess of £230k for one. Don’t even get me started on the R

05/30/2017 - 18:53 |
0 | 0

Indeed. And dealer markups on GT3 RS are insane. Used cars (3000 miles) are still not under the MSRP. Truly dumb.

05/30/2017 - 20:28 |
2 | 0
Anonymous

This is such beautiful news, so unfair to waste these cars

05/30/2017 - 19:02 |
2 | 0
Coocoo

What does ‘flipping cars’ mean?

05/30/2017 - 19:18 |
2 | 0
Remy Houde

In reply to by Coocoo

Buy low, sell high

05/30/2017 - 21:52 |
3 | 0
Porschephile

They should lease them like Ferrari did with the F50…

05/30/2017 - 20:26 |
1 | 0
Anonymous

Whew, I thought when he said “flipping” he was going to go after modders. This is actually pretty good!

05/31/2017 - 02:46 |
1 | 0
SAVAGE DOGG (Ping-Pong Gang) (Corvette Squad)

Why would Porsche give 3 flying fondues about what the customer is doing with their own car? They payed for it, they can do what they want with it.

05/31/2017 - 09:20 |
0 | 0

Topics

Manufacturers

Sponsored Posts