I stopped by Porsche Silver Spring yesterday to pick up an oil filter and check out their new facilities (rebuilt in February). Arrived at noon, beautiful sunny day. If I had brought my cannon, I could have shot it through their mega-showroom and not hit a single sales customer. There were a couple of people hanging around in the second floor service lounge that overlooks the service bay, but not a single sales customer. It was a bit Twilight Zone-ish. Their former facility was about 1/8 the size and didn't even have their own service bays - shared with the Audi dealership next door. But in spite of looking like a tiny budget outlet store, they were always busy with customers. The new store looked like a $30+ million white elephant yesterday.
Granted, they have no new 718's for sale and only one new 911. But they list 24 new Macans. 15 new Cayenne's and a handful each of new Panamera's and Taycans. Plus they have 50 used Porsches for sale including a Lava Orange 2023 GT4RS in the photo that - impressively - the original owner drove for 11,000+ miles in less than a year.
Just last week, CNBC had a story on Ferrari noting that they are completely sold out of all production for all models through the end of 2025. However, they mentioned that Ferrari is a unique brand, whose customers have a median net worth of $30+ million, and much higher for their supercars. They contrasted that with Porsche, which they said is experiencing a slowdown / softening of demand. That certainly looked to be the case to me yesterday.
Of the four cars in the guest spots outside the front door, I think mine (CGTS head in) was the only one that wasn't a pre-owned dealer car.
Granted, they have no new 718's for sale and only one new 911. But they list 24 new Macans. 15 new Cayenne's and a handful each of new Panamera's and Taycans. Plus they have 50 used Porsches for sale including a Lava Orange 2023 GT4RS in the photo that - impressively - the original owner drove for 11,000+ miles in less than a year.
Just last week, CNBC had a story on Ferrari noting that they are completely sold out of all production for all models through the end of 2025. However, they mentioned that Ferrari is a unique brand, whose customers have a median net worth of $30+ million, and much higher for their supercars. They contrasted that with Porsche, which they said is experiencing a slowdown / softening of demand. That certainly looked to be the case to me yesterday.
Of the four cars in the guest spots outside the front door, I think mine (CGTS head in) was the only one that wasn't a pre-owned dealer car.