Buy later and save

From June 1, the cost of a Com­modore comes off the 911’s price tag

Herald Sun - Motoring - - Prestige - JOSHUA DOWLING NATIONAL MO­TOR­ING EDI­TOR joshua.dowling@cars­guide.com.au This re­porter is on Twit­ter: @JoshuaDowling

THE Toy­ota Corolla and Nis­san Pul­sar are duk­ing it out at prices last seen a decade ago and the top end of town is also feel­ing the pric­ing pres­sure.

Porsche is the lat­est maker to dis­count as the Aus­tralian dol­lar re­mains at record highs. But the news is not all good: US buy­ers pay less than half the price Aus­tralians fork out.

The move is part of Porsche’s bold plan to dou­ble an­nual sales in Aus­tralia by 2020. The sharper prices and a new com­pact SUV due next year will drive the growth.

The price cuts are from 7.5 per cent to 13 per cent on 911 sports cars, 5 per cent on the Boxster con­vert­ible and Cay­man coupe ranges and 10 per cent off Cayenne SUVs.

In hard cash, th­ese amount to $5500 on the most af­ford­able model, the Boxster con­vert­ible (down from $107,000 to $101,500), up to $36,300 on the 911 flag­ship, the Car­rera 4 Cabri­o­let ($280,900 to $244,600). That’s about as much as a new Holden Com­modore.

The com­pany has also trimmed the price of parts re­placed dur­ing rou­tine ser­vic­ing by 25 per cent.

How­ever, the new prices barely make up for Porsche Aus­tralia’s sig­nif­i­cant price in­creases in the past five years, which have out­paced in­fla­tion. And the price of the au­to­mated twin-clutch PDK gear­box for its sports range is still a $5995 op­tion— about triple the go­ing rate for an au­to­matic gear­box.

Porsche’s re­vised prices in Aus­tralia are still much higher than those for equiv­a­lent cars in North Amer­ica. A base Car­rera 911 is $84,300 in the US but $229,400 in Aus­tralia, or a pre­mium of 172 per cent.

Aus­tralia’s lux­ury car tax, im­posed from $59,133, ac­counts for about one-third of the dif­fer­ence.

The new prices come into ef­fect on June 1. A down­turn in cus­tomer de­liv­er­ies is ex­pected un­til then.

Porsche spokesman Paul El­lis says any­one who bought a Porsche in the past few months would ‘‘ not be re­im­bursed’’ the price dif­fer­ence, be­cause in most cases the trans­ac­tions were less than the full rec­om­mended re­tail price. Cus­tomers who have left a de­posit for a model to be de­liv­ered be­tween now and June 1 will have their deals re­viewed case by case.

Mean­while, Porsche global sales and mar­ket­ing boss Bern­hard Maier re­veals that the Ma­can com­pact SUV due next year will de­but as a high­per­for­mance model.

‘‘ We want to es­tab­lish the bench­mark and have peo­ple un­der­stand this is a true Porsche,’’ he says.

Porsche has yet to an­nounce de­tails on the Ma­can but the top-line model is ex­pected to be pow­ered by a twin-turbo V6 with per­for­mance to ri­val the Cayenne Turbo V8.

It is ex­pected to cost more than $100,000.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.