Porsche Considers Subscription Model For Limited-Edition Vehicles To Curb Flipping

Porsche Considers Subscription Model For Limited-Edition Vehicles To Curb Flipping

Porsche may adopt some kind of subscription model for its limited-edition vehicles in a bid to stop speculators flipping the vehicles for huge profits.

It is no secret that Porsche has built up a loyal fan and customer base throughout the decades and whenever the German automaker launches a limited-edition model, it quickly sells out. Before long, virtually untouched examples hit the used car market at exorbitant prices.


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skytopskytop - 3/26/2019 3:27:40 PM
+1 Boost
Good idea, Porsche. Now do something about the unlimited outright GREED of your dealers.


MDarringerMDarringer - 3/27/2019 7:51:33 AM
0 Boost
If Porsche is bitchy that someone else is making money, they should charge more, but to want to play the Gestapo is always what NAZI VWAG resorts to. Profit will set you free.


MDarringerMDarringer - 3/26/2019 6:11:01 PM
+1 Boost
Porsche should have NO OPINION on what purchasers of their vehicles do after the sale. They want to control someone else's freedoms. Porsche should let the market do what the market does.


Dexter1Dexter1 - 3/27/2019 7:06:11 AM
+1 Boost
Totally agree. Porsche, of all companies, should have nothing to say about someone making an outrageous profit on their purchase.


CANADIANCOMMENTSCANADIANCOMMENTS - 3/26/2019 6:38:17 PM
+2 Boost
All this does is delay the markets reaction to a limited build car. So the flipping won't happen 6 months from purchase, but 24 months. If the car is worth $300k then Porsche can charge $300k vs leaving it to the market. Like @MD said,it is a silly idea to try to control what people do after they buy something from you.


MDarringerMDarringer - 3/26/2019 6:47:58 PM
0 Boost
Double the price of the car and make the money.


qwertyfla1qwertyfla1 - 3/26/2019 6:48:46 PM
+3 Boost
Sure. Im calling bullshit on this one. This nothing more than a scheme to extract more cash from the customer base camouflaged under a "subscription service" aka Porsche greed just like their option packages.

Cars are personal property and said owners are free to do what the hell they want with them and that includes flipping them if one desires. Funny you don't see home builders demanding more juice on your capital appreciation on your house (or at least not yet) so why should a car companies whose founder designed all the tanks for the Nazis and other military vehicles. Funny how Porsche omits these details from the marketing literature and before I get hated on I am a Berliner.


MDarringerMDarringer - 3/26/2019 7:00:20 PM
0 Boost
agree 100%


absentabsent - 3/26/2019 8:25:57 PM
+3 Boost
Porsche dealers (Ferrari in particular) have a solid core of regular "customers" who get the pick of the limited production, most desirable cars
only to flip them immediately and split the profit with.
You may have the means to buy the car but if you don't have a "special" relationship with your dealer the only way you can get the car is pay the premium.
911R is a great car under $200k not so at $300k.Prices are artificially boosted because of irrationally high demand, not demand by enthusiasts but demand by flippers and "investors", neither having any desire or want to actually drive the thing.
If they could somehow develop that subscription program in an intelligent way it would at least remove a large number of these businessmen from the equation, lowering the market prices at the same time.
Current situation is beyond ridiculous,you don't ever see them driven, 95% of these cars never reach a thousand miles, tucked in heated and secure storage for life, taken out only to be taken to Goodings or Barret Jackson.


MDarringerMDarringer - 3/26/2019 9:41:40 PM
0 Boost
If the car will bring $300K then Porsche should sell it to that buyer rather than stick to some good old boy BS loyalty.


Moo1Moo1 - 3/27/2019 8:20:45 AM
+2 Boost
So once the car is eventually sold, it will be flipped then. Just delays the flipping.


FoncoolFoncool - 3/27/2019 9:38:51 AM
+2 Boost
LOL Porsche continues to think they are on the same level as Ferrari. they’re not, they build too many cars.


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