The Speedster is Here...
#48
09-23-2010, 12:28 PM
I for one am willing to pay a premium for the car because it will be rare and unique, and it looks incredible. If you want to approach it from a profitability standpoint, look no further than the Turbo being the most overpriced example. There's almost $30k in profitability in each Turbo. It costs a fraction of that for what you really get. Yet, people buy Turbos left and right and have no issue paying the premium.
Look at it from another perspective, Turbos also depreciate more rapidly than any other car in Porsche's lineup. I know firsthand, as I just sold my 2009 Turbo Cab for $105k and it had a sticker of $152k. I promise you that the Speedster which be a much better investment and hold its value better given that there will only be 90 in the US. They will indeed be a rare sighting. More importantly, I want one because I love the way it looks. That's really what matters most, at least to me!
Look at it from another perspective, Turbos also depreciate more rapidly than any other car in Porsche's lineup. I know firsthand, as I just sold my 2009 Turbo Cab for $105k and it had a sticker of $152k. I promise you that the Speedster which be a much better investment and hold its value better given that there will only be 90 in the US. They will indeed be a rare sighting. More importantly, I want one because I love the way it looks. That's really what matters most, at least to me!
Last edited by shawminator; 09-23-2010 at 12:36 PM.
#51
09-24-2010, 10:16 AM
I for one am willing to pay a premium for the car because it will be rare and unique, and it looks incredible. If you want to approach it from a profitability standpoint, look no further than the Turbo being the most overpriced example. There's almost $30k in profitability in each Turbo. It costs a fraction of that for what you really get. Yet, people buy Turbos left and right and have no issue paying the premium.
Look at it from another perspective, Turbos also depreciate more rapidly than any other car in Porsche's lineup. I know firsthand, as I just sold my 2009 Turbo Cab for $105k and it had a sticker of $152k. I promise you that the Speedster which be a much better investment and hold its value better given that there will only be 90 in the US. They will indeed be a rare sighting. More importantly, I want one because I love the way it looks. That's really what matters most, at least to me!
Look at it from another perspective, Turbos also depreciate more rapidly than any other car in Porsche's lineup. I know firsthand, as I just sold my 2009 Turbo Cab for $105k and it had a sticker of $152k. I promise you that the Speedster which be a much better investment and hold its value better given that there will only be 90 in the US. They will indeed be a rare sighting. More importantly, I want one because I love the way it looks. That's really what matters most, at least to me!
#52
09-24-2010, 11:30 AM
I have to politely disagree with you Gjpli. As I pointed out in one of my earlier posts, the rarity of a 911 limited production (not a regular variant, e.g. Targa 4S) vehicle will keep resale values higher. How else do you explain that a 20 year old '89 Speedster, of which there were 800 produced for the US versus only 90 now, still commands almost the same price today it did back when it was sold new. I do agree that this car will depriciate, but certainly not like every other Porsche. Your comment about the new model rendering the Speedster moot is contrary to the evidence I just provided on the '89 Speedster. Besides, I am buying this car not primarily for an investment, but rather to drive and enjoy it. I am fortunate enough to be in a position where I am able to purchase a new 911 every year. I'll happily sign up for the 991 in '12. The only difference is that instead of trading in my existing 911, I will hold onto and enjoy the Speedster for years to come...
Last edited by shawminator; 09-24-2010 at 11:32 AM.
#53
09-24-2010, 12:33 PM
I have to politely disagree with you Gjpli. As I pointed out in one of my earlier posts, the rarity of a 911 limited production (not a regular variant, e.g. Targa 4S) vehicle will keep resale values higher. How else do you explain that a 20 year old '89 Speedster, of which there were 800 produced for the US versus only 90 now, still commands almost the same price today it did back when it was sold new. I do agree that this car will depriciate, but certainly not like every other Porsche. Your comment about the new model rendering the Speedster moot is contrary to the evidence I just provided on the '89 Speedster. Besides, I am buying this car not primarily for an investment, but rather to drive and enjoy it. I am fortunate enough to be in a position where I am able to purchase a new 911 every year. I'll happily sign up for the 991 in '12. The only difference is that instead of trading in my existing 911, I will hold onto and enjoy the Speedster for years to come...
#60
09-25-2010, 09:30 PM
At that price it ought to include an autographed photo of James Dean. 
Oh, that was bad. My jokes are in very poor taste.
Oh, that was bad. My jokes are in very poor taste.