For the second year in a row, Porsche has been named the 2018 model year luxury brand winner of Kelley Blue Book’s annual Best Resale Value Awards, while Toyota took home the award in the mainstream volume brand sector.
“Once again, Toyota and Porsche earn tops honours in the brand and luxury brand categories, respectively, with the highest average projected resale value among their full model lineups,” said Eric Ibara, KBB’s director of residual values in a press release.
This is the 16th year of the award, which is based on projections from KBB’s Residual Value Guide. Brands are awarded for their vehicles’ projected retained value after five years of ownership.
“You can be confident a vehicle will retain its value well if you pick from Kelley Blue Book’s list of Best Resale Value Award winners,” added Ibara.
On average a 2018 model year vehicle will only will retain about 35.1 percent of its MSRP, but each vehicle named in Kelley Blue Book’s Top 10 for Best Resale Value is projected to retain more than 46 percent of its original value.
The Irvine, California-based third-party analytical firm chose the 2018 Porsche 718 Cayman for the “Best Sports Car” category, with the 718 Boxster finishing second in the same category, while the 2018 Porsche 911 earned “Best High Performance Car”, 2018 Porsche Panamera won “Best High-End Luxury Car”, and 2018 Porsche Macan took home the “Best Luxury Compact SUV/Crossover”.
Residual values represent the projected auction values of vehicles with 75,000 miles (120,700 km) on their odometers after five years of use.
According to KBB, the analysts responsible for establishing residual values review statistical model output sourced from millions of transactions.
Also notable, low-volume models are excluded from consideration unless being evaluated within luxury, sports car, high-performance, or electric vehicle categories.
Porsche has completely redesigned its Panamera four-door coupe from the ground up, with the result being a much better looking car that performs like a true sport sedan even in base trim. We test an AWD…
We've all experienced sequels that weren't as good as the original. And I'm not referring to 1985's New Coke, the unofficial name for reformulated (i.e. sweeter) Coca-Cola. No, I'm talking about 1980's Star Wars: The Empire Strikes Back which was arguably better than the original Star Wars: A New Hope from 1997, 1986's Aliens that most would agree trumped 1979's nearly as brilliant Alien, and the second-generation Panamera that I certainly like a lot more than 2010's Porsche four-door coupe of the same name.
Come to think of it, if we'd seen the shapely new Panamera in one of those epic Sci-Fi films we probably wouldn't have thought twice unless it didn't fly. It remains one of the most futuristic sport sedans on the planet, this side of the same brand's Mission E electric (which really should be in the just released Star Wars: The Last Jedi).
Back to the planet earth, the new Panamera is longer, wider, and lower than the model it replaces, which was already a long, wide Read Full Story
Porsche builds its 718 Cayman on the same Zuffenhausen assembly line as its legendary 911, and uses many of the iconic rear-engine sports car’s components. The smaller two-seat coupe is a mid-engine…
718? Well that's different. Or at least it will be to all but ardent Porschephiles. If it were any other luxury brand I might be grimacing right now. After all, normally when a premium brand changes its model-naming scheme from creatively written monikers to alphanumeric drivel (like Mazda, Acura, Cadillac, and Lincoln did years ago-the latter brand just starting to embrace its past again with the Continental) I'm not in favour, but Porsche received a smiling thumbs up from yours truly when introducing 718 as the new model prefix for the 2017 Boxster and Cayman.
You see, Porsche has long used a mix of integers, letters and words in its naming process, sometimes only referring to numbers like the original 356, the 901 that followed, the 911, 912, 914, 924, 928, 944, 959, 968, and so forth. These three-digit number sets were actually internal codes, with those noted being the most common way for we the people to refer to each model as well. Others, like the Boxster (codes 986, 987 Read Full Story
No sports car brand is more respected than Porsche, and no model in the entire industry more revered than the mighty 911. It’s been in constant production for more than 50 years, having celebrated quinquagenarian…
No sports car brand is more respected than Porsche, and no model in the entire industry more revered than the mighty 911. It’s been in constant production for more than 50 years, having celebrated quinquagenarian status in 2013. Now just four years later it has achieved yet another milestone, the production of its one-millionth car.
On May 11, 2017, Porsche rolled a special Irish Green coloured 911 Carrera S Coupe off of its Zuffenhausen plant assembly line as part of its million-unit celebration, the car featuring exclusive details in homage of the 1963 original.
While no longer the bestselling vehicle in the German brand’s lineup, the 911 remains its most popular car as well as its most important model due to its heritage and performance credentials. The 911 is “key in helping Porsche maintain its position as one of the most prestigious car manufacturers in the world,” said Porsche in an associated press release.
Unlike the 911’s competitors, many of which have come and gone since 1963, the 911 is a car that can be driven comfortably and reliably each and every day, no matter the weather conditions, quality of road surface, traffic congestion, or any other external circumstance, yet despite its daily ease of use it can be taken to the track on the weekend and put through its paces without any modification.
In fact, more 911s have won races than any other roadworthy sports car, by professionals and amateurs alike. What’s more, Porsche credits the 911 with more than half of its own race wins, which says a lot when considering the many formidable models the brand has contested over the past five and a half decades, many of which were designed purely for motorsport.
Performance in mind, Porsche has never deviated from the original 911 concept, although according to Oliver Blume, Chairman of the Executive Board of Porsche AG, “…. we have continued to enhance the technology of the 911, refining and perfecting the sports car. That’s why it remains a state-of-the-art and technically innovative vehicle. We have also been able to expand the model line very successfully through derivatives.”
Today, Canadian sports car enthusiasts can purchase a 911 in three separate body styles and no less than 22 unique variants, the former including the Coupe, Cabriolet and Targa, while the latter is replete with names like Carrera, Carrera 4, S, GTS, Turbo, Turbo S, Exclusive Series, GT3, GT2 RS, and various permutations of each.
One of the reasons Porsche is able to build so many different 911s is its advanced production facility in Zuffenhausen, which has been the home of 911 assembly since day one. Now the storied factory incorporates all two-door Porsche models, including the 718 Cayman and 718 Boxster, which are all built on the same line “thanks to a sophisticated production approach” that includes workers who “are experts in up to 200 different tasks,” says Porsche.
“I cannot imagine the success story of the 911 without our unique Porsche employees,” said Uwe Hück, Chair of the Group Works Council of Porsche. “Today, we have the one-millionth 911. The good thing about it is that our colleagues still make them with the same devotion as the first car. The construction of the Mission E at the Zuffenhausen site is ringing in a new era at Porsche. And it is clear that if we are to make it a success, we will need our highly qualified and motivated employees. They will make sure that the Mission E is an emotional experience just like our 911 has always been – and always will be.”
On hand for the one-millionth line-off celebration was Dr. Wolfgang Porsche, Chairman of the Supervisory Board of Porsche AG, who has been a part of the development of the 911 since job one (or rather job 901).
“54 years ago, I was able to take my first trips over the Grossglockner High Alpine Road with my father,” said Dr. Porsche. “The feeling of being in a 911 is just as enjoyable now as it was then. That’s because the 911 has ensured that the core values of our brand are as visionary today as they were in the first Porsche 356/1 from 1948.”
To call Porsche’s 911 a success would be an understatement of major proportion, and the car’s popularity is hardly slowing down. Last year Porsche delivered 32,365 911s worldwide, which resulted in the model’s best annual sales tally ever. Still, while it enjoys strong sales for a premium sports car, the 911 remains relatively exclusive and therefore holds its value very well. In fact, many 911 models have become coveted collector’s cars, with values that have escalated far higher than their original list prices.
Also impressive, over 70 percent of all Porsche cars ever produced are still on the road. One of the key reasons for their longevity is dependable operation, Porsche consistently found on top of third-party quality rankings, including J.D. Power’s Initial Quality and Vehicle Dependability studies.
If you were thinking of purchasing the one-millionth 911, consider one-million-and-one as this milestone car won’t be up for sale. You may be able to see it in person, however, as Porsche will soon be sending it on a world tour of road trips to include the Scottish Highlands, Germany’s famed Nürburgring, the U.S., China, and beyond.
Alternatively you can visit your local Porsche retailer and order a 2017 911 Carrera S in custom Irish Green with gold painted “PORSCHE” and “911” emblems, satin-silver mirror caps, 20-inch Carrera Sport alloy wheels, circular tailpipes, a leather interior with Sport-Tex seat centres in black and dark silver, a special plaque with your car’s build number, etcetera. No matter how you decide to have it built, a car collection is not complete without a Porsche 911.
Normally when a premium brand changes its model-naming scheme from creatively written monikers to alphanumeric drivel (like Mazda, Acura, Cadillac, and Lincoln did years ago—the latter brand just starting…
Normally when a premium brand changes its model-naming scheme from creatively written monikers to alphanumeric drivel (like Mazda, Acura, Cadillac, and Lincoln did years ago—the latter brand just starting to embrace its past again with the Continental) I’m not in favour, but Porsche got a smiling thumbs up from yours truly when introducing 718 as the new model prefix for the 2017 Boxster and Cayman.
You see, Porsche has long used a mix of numbers, letters and words in its naming process, sometimes only referring to numbers like the original 356, the 901 that followed, the 911, 912, 914, 924, 928, 944, 959, 968, and so forth. These three-digit number sets were actually internal codes, with those noted being the most common way for the masses to refer to each model as well. Others, like the Boxster (codes 986, 987 and 981) and Cayman (codes 987 and 981) siblings, plus the Carrera GT (code 980), are better known by their given names, whereas the Macan, Cayenne, and Panamera don’t have internal Porsche codes at all, because they’re based on shared VW/Audi platform architectures.
This makes Stuttgart’s decision to infuse some good old Porsche naming DNA into the Boxster and Cayman smart, as it ties these important entry-level sports cars more closely to the 911 Carrera they share some componentry with. See how I did that? I snuck the name “Carrera” into that last comment, another name synonymous with the beloved 911 (and aforementioned supercar).
Now the 718 Boxster and 718 Cayman have a similar look and sound as 911 Carrera (or at least that’s the concept), while the number chosen is an attempt to show familial ties to the fabulous mid-engine 550 Spyder and its 718 RSK successor that took motorsport by storm from 1953 through 1956 and 1957 through 1962 respectively.
I don’t know about you, but I’m willing to buy in to the marketing spin. After all, the original 718s were lightweight two-seat mid-engine roadsters (with a few coupes thrown in for good measure, and for higher track speed) powered by horizontally opposed four-cylinder engines, which pretty well sums up today’s 718 Boxster and 718 Cayman. Those spiritual predecessors were often dubbed “giant slayers” because the tiny, featherweight imps would often out-manoeuvre their larger, more powerful opponents: ditto Boxster and Cayman. In addition, the many Boxster and Cayman models that have been stripped of their innards and stuffed full of roll cages, racing seats, fire extinguishers and the like, and then regularly contested in serious motorsport events gives them credence as true descendants of a much revered 718 progenitor.
Of course, simply take one for a spin around the block and you’ll immediately know for yourself. We’re doing just that with a bright “Racing Yellow” 718 Cayman this week (and went one step better on the road and track with a 718 Boxster S last fall), and frankly we’re having too much fun to sit here and tell you much about it. But, of course, Porsche wouldn’t be too pleased if we kept all the good stuff to ourselves.
In short, this non-“S” variant gets a less potent yet still brilliantly fun 300 horsepower 2.0-litre turbocharged four-cylinder boxer with 280 lb-ft of torque (which is an increase of 25 horsepower and 66 lb-ft of torque over last year’s 2.7-litre flat-six), while the S puts 350 horsepower and 310 lb-ft of torque down to the rear wheels.
Porsche even supplied our loaner with a six-speed manual… Yippee-ki-yay! Don’t get us wrong. We love the paddle-actuated seven-speed automated dual-clutch PDK too. It can hit 100 km/h in a mere 4.7 seconds with the Sport Chrono package added, while this manual is claimed to achieve the feat in 5.1 seconds, while getting an estimated 9.4 L/100km when driven more calmly and using standard auto start/stop, compared to 9.8. But we’re saluting the glory days of the mighty mouse 718 RSK right now, so it’s only fitting to have a DIY gearbox along for the journey.
In reality, other than the aforementioned key points our luxury-lined 718 Cayman tester has little in common with the purposefully hollowed-out shell of a sports car that stole through the circuitous tree-lined Nürburgring Nordschleife in its heyday, but that’s just fine with me. While the thought of doing likewise on the legendary Eifel Mountains track (or any old racecourse for that matter) sends tingles up the spine, for everyday use and RSK would be ridiculously impractical and likely quite uncomfortable.
Purposefully designed for middle-aged derrieres like mine, Porsche smartly added plenty of pampering upgrades to a base 718 Cayman already replete with ample creature comforts, its end mission more likely focused on spirited trips to the office and memorable weekend getaways for two than any competitive track time (makeshift Sunday afternoon autocross courses aside), despite still being one of the best all-round sports coupes available today.
Even the $61,500 base model gets an impressive list of standard features adorning the revised sheetmetal and reworked interior, the list including gorgeous new 10-spoke 18-inch alloys, a new three-spoke leather-wrapped multifunction sport steering wheel (inspired by the 918 Spyder supercar no less), a 4.6-inch colour high-resolution TFT multi-info display, a new state-of-the-art infotainment touchscreen and interface with stylish new graphics, all the latest tech such as Apple CarPlay and Android Auto, a backup camera with active guidelines, Bluetooth phone connectivity with streaming audio, eight-speaker 150-watt audio, sport seats with partial leather upholstery, an electromechanical parking brake, hill start assist, front and rear parking sensors, a HomeLink garage door opener, and more.
Above and beyond this, my tester added a $1,980 navigation module to the aforementioned infotainment system, $2,650 14-way powered sport seats with memory, and a $1,570 Premium package with rain-sensing wipers, auto-dimming mirrors, heatable seats, and dual-zone auto climate control. The wheels were upgraded to a set of $1,810 Cayman S rims as well, while Porsche added $1,510 torque vectoring (PTV) and $2,050 Active Suspension Management (PASM) to improve handling, as well as HID headlights with dynamic cornering capability (which are a prerequisite to the previously noted Premium package) for better night time visibility, the finally tally adding up to $74,320 before (always reasonable) freight and dealer fees.
Of course, the sky’s the limit when it comes to extras with this near-exotic brand, so go build one on Porsche Canada’s comprehensive online configurator and enjoy. I’ll be back soon to relate my in-car experience in an upcoming review, including the car’s ergonomics and comfort, build quality, electronics systems usability, overall practicality, and of course its drivability, plus we’ll include a massive photo album prepared just for your viewing pleasure. Stay tuned because you won’t want to miss this one…