Canadian Black Book (CBB) is Canada’s answer to the Kelly Blue Book. For the last 50 years they’ve been collecting data and providing values on used and new cars in the Canadian market. Today, CBB presented awards for the Boxster and Panamera to Alexander Pollich, President & CEO of Porsche Cars Canada, Ltd. at the 2014 Canadian International Auto Show. The models were picked as winners for ‘Best Retained Value’ in the Premium Sports Car and Premium Luxury Car categories, respectively. The much-desired awards track vehicle values over a four-year period, with CBB’s analysts scouring hundreds of thousands of sales transactions and other data points from live auctions, online auctions, dealerships and other proprietary sources. The “Best Retained Value Awards” are given to those vehicles which retained the greatest percentage of their original MSRP over the past four years.
“We are delighted to receive this honour given to the Boxster and Panamera by Canadian Black Book,” said Pollich. “These accolades reflect the appeal of the many intrinsic qualities faithful to Porsche’s principle: delivering performance, efficiency, in a sensible and stylish package that can be enjoyed for many, many years.”
So What? Who Cares?
We know, it’s not really exciting news. However, it is very interesting if you’re in the market for a new Panamera or a Boxster. As most of you know, the cost of leasing a Porsche is greatly determined by its residual value (along with length, mileage, depreciation, money factor, etc.) and the higher a residual your potential lease has the less depreciation you should suffer and therefor the lower your lease price should be. I wonder what the retained value on a 918 will be 4 years from now?
Other Porsche Blog Posts You Should Read
Porsche Returns To The Canadian International Auto Show With Two Introductions
Porsche Cars Canada Continues Record Growth In January 2014
Porsche Driving Experience Canada
Porsche Centre Oakville – We Attend The Opening of Canada’s Largest Porsche Dealership