1990 Porsche 911 Carrera 2 Targa , Excellent Condition, 3.6l, H6, Fi Engine on 2040-cars
Dothan, Alabama, United States
Body Type:Targa - removable top
Vehicle Title:Clear
Engine:3.6L H6 FI
Fuel Type:Gasoline
For Sale By:Private Seller
Make: Porsche
Model: 911
Trim: Carrera 2 Coupe 2-Door
Options: Leather Seats, CD Player
Safety Features: Driver Airbag, Passenger Airbag
Drive Type: Rear Wheel Drive
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Mileage: 91,022
Sub Model: Targa
Exterior Color: Silver
Disability Equipped: No
Interior Color: Dark Gray
Number of Doors: 2
Number of Cylinders: 6
Warranty: Vehicle does NOT have an existing warranty
VERY NICE PORSCHE -- TIPTRONIC TRANS. (AUTOMATIC OR CHANGE GEARS WITHOUT A CLUTCH). PIONEER SOUND SYSTEM. TRIP COMPUTER. FACTORY TOOL KIT ANDAIR COMPRESSOR. ORIGIONAL MANUALS. CLEAN CARFAX. HAS SMALL SCRATCH ON REAR PASSENGER SIDE FENDER. MAYBE BICYCLE HANDLEBAR. $500.00 DEPOSIT WITHIN 2 DAYS. BALANCE PAYMENT WITHIN 7 DAYS OF END OF AUCTION. PAYMENT BY CASHIERS CHECK OR PERSONAL CHECK (PERSONAL CHECK MUST CLEAR BANK BEFORE TAKING POSESSION OF VEHICLE). BUYER RESPONSIBLE FOR ALL SHIPPING COSTS.
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Auto blog
VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
Fri, 14 Mar 2014It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.
'Faster. Farther.' dives into the history of Porsche racing tech
Wed, 07 Aug 2013No doubt, Porsche has produced some of the best endurance racecars around, such as the turbocharged, slant-nose 935 of the 1970s and the ground-effects-enhanced 956 and 962 of the 1980s. But the company's most famous racecar, its first overall winner at the 24 Hours of Le Mans, was the 917.
The 917 embodied many of Porsche's technological achievements up to that point, such as the company's first 12- and 16-cylinder engines (the flat-16 was never used in competition), fiberglass bodies that implemented early aerodynamic practices and the use of new, exotic materials, such as magnesium and titanium.
The racecar was commissioned by the head of Porsche Motorsports, Ferdinand Piëch, to win overall at the 24 Hours of Le Mans in 1970, after he realized a loophole in the rules that allowed cars to compete with engines up to five liters in the Sport category if they were also production models. Piëch saw opportunity: the top prototype class was restricted to three liters; the production minimum to compete in Sport was 25 cars. And so, with much effort, Porsche assembled 25 "production" 4.5-liter 917s and had them parked in a neat line for the race inspectors to verify their legitimacy. It didn't take long before people realized the new Porsches were much faster than the prototype racers, with a top speed approaching 250 miles per hour.
Porsche again staring down another $1.8B in hedge fund lawsuits
Wed, 15 May 2013The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.