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'We're not a hedge fund': Porsche plans to curtail speculators and flippers

A sizable number of speculators view cars as an investment. Rare or unusual models are quickly snapped up and either parked for years or flipped for a profit. Cars from automakers like Porsche and Ferrari are more prone than others, and at least some people behind these models are getting a bit tired of it. While it's difficult to police what goes on after you sell a car, Porsche has some plans that might curtail the problem before it starts. Andreas Preuninger, the head of GT road-car development and the man behind the new 911 GT3, spoke to Car and Driver at a recent event. "I personally like to see my cars being used," he said. "That's what we build them for. They are just too good to be left to stand and collect dust." One recent example of this rampant speculation is the 911 R. While the special manual-only model sold for $185,950 when new, used versions were selling for nearly $1.3 million just months after it went on sale. While the car is a masterpiece and an instant classic, a good number will be parked and simply used as art and not the rolling testaments to the man/machine interface they were intended to be. The concern over valuations has become so fierce that some owners are upset that Porsche is offering the new 911 GT3 with a manual transmission, fearing that it may hurt the value of the 911 R. "When I said we're not a hedge fund, I'm talking to those people who are yelling at us for offering the manual transmission similar to the R," Preuninger said. "But if there are people wanting to buy cars like that, then as a company we should try to fulfill that, to meet that demand." It seems Porsche is keeping a close eye on who is flipping cars. Since there is often far more demand than supply with certain models, the German automaker has a name for every car before it's built. Buyers with bad reputations might not even make the wait list. Related Video:

Proof the world revolves around the Porsche Cayman

Or at least the world revolves underneath the Porsche Cayman, in the latest video showing off Stuttgart's mid-engine coupe. Porsche put an Easter egg in the world that spins triple-time, a "famous relative" of the Cayman hidden somewhere on the marble planet, and gave a Porsche Martini bag to one of the first 50 people who could point it out.
With more than 300 views there's no chance you'll win the bag, but you can still go on the treasure hunt in the video below.

Watch the Porsche 911 R rip through the mountains

A few days ago, the top-tier driver's Porsches, the 911 GT3 and GT3 RS, were the only game in town. Both are exclusively equipped with the technically excellent PDK, a dual-clutch gearbox virtually without equal. Of course, lots of folks, including Porsche die-hards, wanted to do it themselves, even if human shifts came at the expense of milliseconds of shift time. Porsche listened. You read all about the new 911 R two days ago when it was announced (if not, watch the video and then dive into the particulars at that link). It's an unabashed gift to that vocal minority. The folks that wanted a manual GT3 got one, and it's better than that. It's a throwback to the original 911 R, stripped of weight and unsightly aero bits like the massive rear wing of the GT3. There's even houndstooth-patterned cloth on the sport seats. It's a brilliant homage, without being overly retro. But how does it sound, and look in motion? See for yourself. We humbly suggest minding where the drool lands. Related Video: Porsche Coupe Performance Videos 911 porsche 911 r 911 r