International price differences on Cayenne/Panamera models

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Feb 3, 2011 | 11:09 AM

#21

Porschephile88

Thread Starter

Teamspeed Junior Member

Joined: Nov 2010

Posts: 71

From: Kuwait City, Kuwait

Porschephile88 You are a Teamspeed member that Rocks and Rolls!

Quote:

Originally Posted by sayegh87

We in the UAE have the same Porsche prices as in Kuwait and other GCC countries, I was told from a porsche representative here that the difference has only become greater and that is because their old contracts said that they are able to purchase cars in USD and since the Panamera came out, it has changed to Euro's.... Not sure if im a 100% correct, but seems logical...

Also our fuel price here is really expensive, I pay more here for fuel then when i used to in the states (east coast)...

Thanks, Mohammed.

I followed up on this with a Porsche rep and he told me the same thing: they used to purchase their cars in USD but have since switched to Euros, justifying their price increase. They keep incrementally raising their prices every few months as well; the Cayennes have all seen their base prices go up an average of 400-600 KWD [1400-2200 USD] since their launch last year, and the Panamera models have had two price increases in the same range since last year.

Still, the demand for these two models is extremely high; Porsche Centre Kuwait ran out of Cayenne and Panamera stock and have started shipping cars in from dealers in Doha and the UAE to keep cars on the floor and available to customers.

Thanks again, bro.

Porschephile88