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Flip This Porsche: Automaker Hopes to Stop Future Speculators

Porsche has taken some precautions into his own hands to stop flippers from taking their cars and making money on their older models. The company has made comments and about the insult they feel flippers has made against them. Knowing that flippers have made more money by tripling the values of older models the newest model they released isn’t something that can be flipped.

Key Takeaways:

  • The secondhand market for sporting automobiles is a bubbling cauldron of volatility with one assurance — rarer is always better. Being racy doesn’t hurt resale value, either. That’s why track-focused manual transmission Ferraris go for an exorbitant premium on the secondhand market against their more casual counterparts.
  • The German automaker says it’s extremely aware of what is going on in the secondhand market and actively wants to take steps to crack down on for-profit flipping. It has also, perhaps inadvertently, made some headway already by bringing the 2018 911 GT3 to market with a manual transmission
  • The mere fact that the manual 911 R was going for so much was evidence enough of the clear demand for a GT3 without flappy paddles, according to Preuninger. Screwing potential flippers is just an added bonus.

“It’s also why certain the versions of the 911 can be resold at over double their original MSRP. But Porsche, like many high-end performance manufacturers, is getting sick of customers purchasing their vehicles for the sole purpose of flipping them.”

https://www.thetruthaboutcars.com/2017/05/flip-this-porsche-automaker-hopes-to-stop-speculators/