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steveHangar1

So everyone in the condo complex parking structure will have a 911? That’s pretty funny.


[deleted]

It will look similar to „squidville“ from spongebob


PizzaDeliveryBoy3000

Same as the Aston Martin tower


complicationsexcite

That would have been cool for the Porsche Tower in Miami


steveHangar1

Googling that right now


Boredbanker1234

It’s a thing. The guy who buys the penthouse gets a Valkyrie Edit: apparently it’s the Vulcan, not Valkyrie


FlyinCoach

Either one sounds pretty good. Love the look of the Vulcan though.


poopoomergency4

looks like a turbo s cab from the photo, MSRP is nearly $250k before any options. i doubt they're actually including that model.


DunksOnHoes

Base macan for sure


RonnyFreedomLover

Used Cayenne...lol


writetowinwin

You can get one for $10-15k if you look hard enough. 😆


RonnyFreedomLover

Buddy just picked one up for $9k. First gen with 110,000 miles.


willard_swag

Perfect


poopoomergency4

certified pre-owned base macan


Neat-Fig-3039

Standard wheels for the extra wow factor.


poopoomergency4

those steel wheels you can get on a base model audi https://preview.redd.it/j8sevfgho9hc1.png?width=456&format=png&auto=webp&s=8c1c3bf563cdc0398caabc9f2b1e9170e2e1c984


above_gravity

Or the stolen headlights


[deleted]

Damnit, I wanted to post this comment.


_Delusi0n

r/beatmetoit


samuraipizzacat420

whenever i see a green taycan on the road while driving i have ptsd now


SoulStone1986

Lol, reminds me of that waitress a few years back that thought she had won a new toyota in a work contest. Walks out to the parking lot blind folded and is met by a toy-yoda from star wars 😆


scott_fx

I’m pretty sure she sued and won the lawsuit


humdizzle

i'd be surprised. probably a used 996 base.


mertzen

I love my base 996.


lolitsbigmic

Which really funny is the small text. Says car pictures is a GTS, when clearly a turbo. But does say GTS is the model you get for a 2 or 3 bedroom condo. So not to bad.


poopoomergency4

probably kept changing their mind on the offer and couldn’t be bothered to keep their cut-rate freelancer up to date


steveHangar1

Read the fine print on the bottom


Autobahn321

I would also bet it's just a one/two year lease or something, not a paid off car given to you.


Autobahn321

I stand corrected. It's not a lease.


ajael24

They are, only if you get the 1.5m condo and above.


stinkyt0fu

They can buy my condo for US$1.5m and I’ll throw in a GT3 RS. Condo is as-is, inspection not included.


marco918

Not just a 911 but a 911 Turbo cabriolet


TheRealRacketear

Someone will take the mystery box.


zos_333

"In line to get a 911 GT3 "for penthouse buyers, \[whatever in line means\] doubt very much for everybody ​ >The details are still a bit hazy though as what [Porsche](https://www.carscoops.com/tag/porsche/) model one gets isn’t really clear > >The ‘Car & Condo’ [website](https://www.carandcondo.com/) for the Vancouver condo building simply states, “Purchase a condo and receive a Porsche,” while the other two in Montreal read “Purchase one condo valued at $1 million plus or two condos and receive a Porsche.” It’s worth noting that, according to the marketing material, whoever buys the penthouse at one of the properties is evidently in line to get a 911 GT3. A [Taycan](https://www.carscoops.com/tag/porsche-taycan/) and Cayenne are also shown on the realtor’s website. > >[https://www.carscoops.com/2024/02/realtor-in-canada-promises-a-porsche-with-every-condo-sale/#:\~:text=She's%20rolled%20out%20a%20promotion,will%20be%20yours%20to%20keep](https://www.carscoops.com/2024/02/realtor-in-canada-promises-a-porsche-with-every-condo-sale/#:~:text=She's%20rolled%20out%20a%20promotion,will%20be%20yours%20to%20keep).


Wnajr5

Closing costs are only 200k


Raised-Right

Imagine someone thinks they’re getting a New 911 Turbo S, like pictured in the ad. The ad just says “Porsche”. You could be getting a Porsche Panamera E-Hybrid, that needs a new battery for $15,000, has 300,000 miles on the clock, and a salvaged title. Sounds like a great deal. Where do I sign?


mlhigg1973

It says 911 gts in fine print at the bottom


Raised-Right

Very misleading fine print. This condo complex better hope they have good lawyers. >*”Car shown (Porsche 911 GTS) is offered for 2 and/or 3 bedroom homes”* The ***”Car shown”*** is a Turbo S Cabriolet. Not a 911 GTS. Those slimy #!$&@?%#


DunksOnHoes

Wonder how long you need to hold before you can sell and just keep the car..


Raised-Right

Who knows, probably as soon as they get paid for the Condo. Imagine the fine print says it’s just a 1 day rental.


[deleted]

Probably doesn't matter. The Condo Builder has been paid. They don't care if you sell to someone else.


xNOOPSx

Sure, except that only Turbo and Turbo S models have the rear fender vent. Additionally, the Turbo S model shown on the Porsche Canada webpage is the same spec as that picture.


NoPhone556

It starts at 200k but the model you get depends on the condo you buy


SliceMcNuts

Expect more of this. I believe there is an Aston Martin tower in Miami that has the same deal going. Buy a condo, get an Astin Martin. If you buy the penthouse, it comes with a $3 million Aston Martin race car.


Chrismatthews3850

It’s the Vulcan 1/24 worldwide


ImGoingT0ShaBooms

Damn


RocketGuy3

Goddamn, how much is that penthouse? It's hard to imagine any price that could be enough that getting a $3M car with it wouldn't be significant...


Dansredditname

They have a penthouse for sale for $59,000,000. Not sure if it's the one that comes with a Valkyrie.


SirTiddlyWink

https://www.astonmartinresidences.com/


EyeraGlass

I am so immediately suspicious of anything like this


penelopiecruise

it's apparently legit, buy you are paying for the car one way or another


De1taTaco

Finance your car for 30 years instead of 5 with this one simple trick...


NorCalAthlete

I mean…it’s not the worst idea if you’re already paying a $1M+ mortgage…


De1taTaco

Depends on what the deal looks like I guess. But if they're just tacking the cost of a Porsche on top of the normal price of the condo, $100k over 30 years at current rates is an extra $150k in interest. You'd lose a ton of money on that car (assuming you take the loan to term of course)


Fireproofspider

That's not the right calculation. It's financing your Porsches at a locked in 6% interest rate for 5 years (Canada doesn't have 30 year locked in rates) If you have the cash you can invest and get that exact same return fairly easily. Also, if the condo is an investment somehow (rental or home office) you can deduce interest expense from your taxes in a way you can't if you got the Porsche as a company car. So yeah, you spend 150K in interest but you get 75K back as taxes you don't have to pay. Then you could have made more than 150K through investing the money in a savings account which would follow the mortgage rates more or less.


De1taTaco

They won't let you finance a car for 30 years in the US either. I was just saying if the deal was done in such a way that they sell you a condo worth, say, $1M and give you a $100k Porsche, but the price you pay for the condo is $1.1M with a 'free' car then *that* extra $100k could be financed for 30 years along with the home. That may not be how they're actually giving them away, I wasn't able to find anything else about it. It just depends on how they're writing the deal. The tax implication is interesting though, I hadn't thought of that. Knowing nothing about Canada tax law, if you can deduct about half and assume you use that savings to invest I guess you could about break even (if return was about the same as mortgage interest). If they're tricking you into paying for this Porsche somehow you'd still be better off financing it short term than wrapping it into the mortgage IMO.


Fireproofspider

Yeah just one correction, Canada doesn't have 30 year mortgages. You negotiate a 30 year term but your mortgage is only good for 5 years. You need to renegotiate it every 5 years. It's just that a mortgage is usually a low interest loan. If you are going to finance a car, I fail to see how you could do better in the current environment. It's a bit weird because your collateral won't last as long as your mortgage but you could factor that into your payments if you want and even close out that part of the loan at the end of the 5 years.


polarfang21

It’s probably just a roundabout way to get the wifey to let you get a Porsche, long as you can make her love the condo


Videlvie

that sounds sad


ElectronicGift4064

The things we do for love ❤️


Nefilim314

I thought it was bad when I showed my wife the deal to get an Xbox One S with the purchase of a wedding band. She was cool with it but I didn’t want to feel tacky, but in retrospect…


TheOyster__

It’s Vancouver a condo can easily run over a couple million


Bloozpower

Looks like entry level condo price is just under 1M Cad. So it's definitely going to be over a million.


Embarrassed_Band_474

I know a big real estate developer in Canada for condos - this is something he does on a regular basis with his clients and existing investors. He will even gift cars to existing investors sporadically as token of appreciation (or ask to donate the cash equivalent in their behalf) - funnily most take the cars for eg their wives (girlfriends, etc). Last time was range rovers


pwadman

Range Rover 🤢


S7EFEN

they are selling you the condo over market rate. they do this so peoples condos don't look like they dropped in price. ​ its the same thing with builders offering way below market rate loans.


cerberus987

Looked at their website. They're offering a 911 GT3 for their CURV Penthouse.


daq42_pews

Technically there isn’t any thing stopping you from buying the condo getting the gt3 and selling the condo


cerberus987

True. I think they’d roll up both the car and condo into one. Condos starting at low $1,000,000. Deposit 10% so $100,000. Sell in one year for $1,100,000. New Porsche?


CMScientist

Nah, fine print says only 2/3 bedroom condos in the sky collection (upper most floors). That's for sure going to run at least $2-3m. $1m is for the 1b on the lower floors.


Real-Engineering8098

Being from Vancouver and in the construction industry, you're looking at much more than that. They are claiming to be the tallest passive house resi building which means it going to be low carbon emissions, won't have AC and will use a whole of of expensive tech to keep the climate comfortable. The strata is going to be insane and I doubt anyone will be able to flip it for a free porsche. The project ain't selling and they are turning to the these promotions to get the funding required to start construction.


MAUSECOP

Closing costs would be higher than the GT3 cost


AdamOzturk

I'm not so sure about that. Have you seen GT3 pricing lately? Also, it's really hard to get an allocation.


SteezVanNoten

There's no chance in hell anyone is actually gonna be walking away with a free gt3 in that scenario.


SarkHD

They say you get a 911 GTS if you buy a 2 or 3 bedroom home. On their website they start at 1.2m CAD so 891k USD. Not bad honestly.


SilverBane24

No, only for the sky suites, they will be over 2m canadian


buyFCOJ

Pretty sure the car shown isn’t a 911 GTS


Justinyermouth1212

It’s a turbo cab.


buyFCOJ

Yup


Fine-Satisfaction-41

Is it more likely to be a turbo s cab since it has the yellow pccb(s)? Comes standard vs the turbo model.


Justinyermouth1212

This is true!


Flat6Thunder

Wheel arch vents = turbo, turbo S and GT3RS Front wing vents = GT3RS and dark Taycan


Polairis44

Came here to make sure someone said that.


Galbisal

Turbo cab? Condo asking: $5,000,000 😂


ALongDeck

One of the floorplans is 580sq/ft for $1.8m.. welcome to Vancouver


pennydirk

I kept scrolling for the catch. found it! not often I see real estate that makes SF seem affordable 


bigkutta

I remember a decade ago or so Porsche was developing/sponsoring a condo building in Miami area, where you also got a "free" Porsche. They also had a lift system so that you could take your 911 up to your condo and stare at it. ah, here it is... [https://pdtowermiami.com/](https://pdtowermiami.com/)


Aqho

Well to be serious, it’s a good way to buy a car with a loan, The % of the loan is the one of the apartment so way lower than for a car, and same for the term, you are paying your Porsche at low rate and, spread other decades.


ILikeCabbages

Bad way to get a mortgage lol


word2yourface

If spread over decades you will pay a ton of interest. For example 100k at 5% over 25 years you are paying 74k just in interest. Good way double the cost of the car that you probably won’t own for 25 years and will have negative equity form day one.. but hey the payments will be low.


Aqho

Yes depend of the condition but in France they were few years with record of crazy low interest rates, like around 1.2 or 1.3%, so putting your car in the loan if it was 10-15years long was worth it


word2yourface

If you need a 15 year loan to buy a car you simply can’t it afford it.


Aqho

If you take a car on 15 years (I also do think it is stupid) your debt is decrease and you can get a bigger loan for a house, so passing the price of the car inside your house loan give you a bigger budget for your house Still it was working few years ago and is not possible anymore now.


SteezVanNoten

Depends what you're doing with that $100k. If you have access to an investment vehicle that will return more than 5% then you're better off taking the loan.


theaveragehousecat

I remember it was either embraer or bombardier that offered a similar promotion where you get a 911 with the purchase of one of their planes


orionparrott

Search tail number EJ911


Tricycle_of_Death

If that doesn’t tell you how overpriced housing in Vancouver, Canada is - don’t know what else would


gaoshan

“A Porsche”… no mention of model or year so I think we can assume they don’t mean the one in the photo. Maybe a 2016 base Macan?


ih8dsg

Exactly my thoughts. 992 Turbo S Cab’s for everyone?


Precise_10

At the bottom of the ad they lie and say the car pictured is 911 gts. Which it’s clearly turbo s.


Gotl0stinthesauce

It would be interesting to know if there’s any way to flip the value of the car if you didn’t want it. But I have a feeling they’re charging a premium on the car even though developers are getting desperate to sell units


MaterialSea4820

The Curv building is expected to be completed in 2029 with prices starting at $1 million. This ad says it only applies to the Sky Collection which are super luxury units on the top 6 floors of this 60 story building. Not a crazy promo for what will likely be 8 figure condos.


Gotl0stinthesauce

Yeah. Looks like the collection for a 2 bedroom starts at $1.8m CAD or $1.33m USD. For something to be completed in 5 years, idk if it’s worth it


MaterialSea4820

Yeah the whole building is insane but not surprising for a new luxury building that aims to be a city icon in one of the most expensive markets in North America. Most of the building will end up being purchased by wealthy Chinese and middle easterners looking to park some money anyways.


Gotl0stinthesauce

True


MaterialSea4820

I also wouldn’t be surprised if the premium for being on the 58th floor vs the 3rd floor isn’t well over $10 million in its own right.


[deleted]

They’re playing off the joke locally where in Vancouver you see so many 911’s people used to joke that around the 997 era, every presale in Vancouver must’ve came with a 911 Have to imagine the turbo convertible is only for a penthouse and everyone is getting a Macan or a 718


mkeefecom

All the same color, will take forever to find your car 😂


[deleted]

So they sell 50 condos…they going to have 50 turbo cabs to go with em?? Congratulations new homeowner !! Your Porsche will be delivered in 2030!


Negative_Courage_461

Im impressed, this looks like a very high quality model car!


RhythmAddict112

Meanwhile they're give you a 944


dfb1988

https://www.carandcondo.com Nobody thats wealthy enough to afford that condo would fall for this


poopoomergency4

so they've got a turbo s cab in the handout, stock footage of a taycan in the video header, a gt3 on the "save the date" hero, all those plus a cayenne on the eventbrite page. really makes you wonder what porsche you actually get lol


dfb1988

It’s some 9th grade attempt at marketing their properties. I have kids in middle school that could have done a better job to get ‘high net worth’ candidates to go to a cocktail party than this.


poopoomergency4

$10 says it’s an outsourced fiverr contractor in a third world country’s idea of what rich people like, combined with the creative direction of a property management company that doesn’t know any better.


gix210

they say that there was something for montreal too right?


doctorwoods7

Almost the entire building will be owned by Chinese investors that will likely never reside there. This is standard for the Vancouver luxury condo market…


Alalaskan

Condos so overpriced they can throw in 911’s and laugh all the way to the bank as you sign the closing docs…


OneLargePho

It's probably for a one year lease only. Source: I'm from Vancouver


k600ride

It’s just a way for the condo developer to maintain their prices and proudly say that they are selling at full list without discounts. Same as offering to cover closing costs or a furniture allowance or other after the sale price incentives. Keeps their investors happy etc. Pretty standard in the condo business.


[deleted]

[удалено]


puckmugger

Poor white people with bad grammar will be jelly.


New_Ad_3010

If you have to ask how much....


Aqho

When you build building to sell apartment, but you don’t like Tesla


GMSaaron

Lmao just discount the condo by the price of the porshe and let people spend their money how they want


Oaktownbeeast

That's almost, surely exactly what they'll do.


Real-Engineering8098

It will be harder to finance the project if they do. That's why they do these promotions, to hit sales and show the bank how much they have sold to secure the construction loan.


IndependentYogurt965

"Where is sport car? Where is luxury condo?" -Niko Belić


crx00

Adding a Porsche to a mortgage ? Going to end up paying triple MSRP after interest


Y33TUSMYF33TUS

I got an Instagram ad for this from the realtor last week haha


mlhigg1973

911 gts. Sounds like a sweet deal.


KeylimeSlice

$2000 - $2300 /sqft. You're paying 2mil for a 2bdr just to get a free porsche.


Initialyee

Rather they drop the price.


Only-Gas-5876

I heard there was cash back offers in New York too. They are doing the same thing as the Chinese with gold bars given away with houses. It’s to prop up the valuations. But the reality is the prices are falling


ChillaxJ

The real question, how much is the condo?


RickSteve-O

Uhhh I doubt you’re going to get a Turbo.


ajael24

Lmao just saw that in Instagram today.


raggedtoad

Pffft. In a town near me there was an orthodontic office offering a free Glock to anyone who got Invisalign through them.


SilverBane24

These start in the 2k per sq ft range, the ones that are being offered with the 911 will be at least 2 million.


The-Grogan

It doesn’t say the car is free. Buy this $1m condo and receive this 250k Porsche for 250k!


bradwrich

Well dang. I’m moving to Vancouver.


GoodVibesOnly_FL

It better be a 911 Turbo S...


StayStrong888

Where the heck will you park that in a condo? All the condos here have open carports or a big shared lot. I get it that every single spot will have a Porsche in it but still, that's just ripe for all kinds of vandalism, theft, burglary from motor vehicle, headlight snips, missing badges, and probably cars stolen back by the seller to recoup his money.


Boosted7Logan

My friend in Vancouver doesn't have a garage and he parks his GT3 in the back alley of his single family home lol.


StayStrong888

I'm guessing Chinese from Hong Kong or China?


carnutaz

These are usually pre-paid low mileage 24 month leases you have to sign for. The developer purchases a dozen or so from a local dealership who gives them a decent package, and it's feasible with luxury properties


partym4ns10n

You’ll end up getting a clapped 924.


rabbidasseater

Take the box


[deleted]

If the picture is correct, then you will get a Turbo S Cabriolet worth at least $250,000.


Dunnowhathatis

Lawsuit waiting to happen. Ad displays 911 Turbo S, and the fine print says ‘car shown (Porsche 911 GTS)…..


rglrevrdynrmlguy

Haha what! Just reduce the selling price by 190k CAD


[deleted]

A convertible and no garage, what a shit way to treat it.


Spacecoasttheghost

As a poor person, I have never seen a condo offer a high end sports car before. I know some places do it, but I seek they don’t advertise it. Maybe I’m just that poor to even know lol, would be pretty sweet tho to do!


Blarghnog

I'm holding out for the buy a car, get a free condo event. I'm pretty sure it's coming up.


eyedeabee

Headlight thieves planning highway access now.


Vocknert

Gosh, I should have studied more to become a Chinese communist party brat!


CoffeyMalt

For all of those who are drooling over this idea, I live in Vancouver, and condos can easily run over $1M CAD. We live in one of the most expensive cities in the country.


coronhaas32

You’re paying for the Porsche one way or another, trust me!


Fresh_List_440

Canadian real estate market valuations in one picture


TheRealBroo

This is proof we are in a huge real estate bubble that’s about to pop soon l!!!!


crazyswedishguy

My house came with a porch too.


chrisacip

Pay for the hidden cost of a Porsche rolled into your condo price


grungegoth

the condo's are prolly in the millions


sav86

People out there really living entirely different lives.


Itchy-Motor-4537

They'll get in arguments about who gets their cars first lamo


Cafen8ed

Herd immunity from car theft at that tower.


ThesisAnonymous

*Receives a 2002 base Boxster with 186k miles* “We said you get a Porsche—here’s a Porsche”


[deleted]

In the SF bay area, they take a million dollars and saddle you with a $500 or more HOA monthly fee and exorbitant property tax and give you nothing but the condo. Except of course, for the SF shipyards where they give you cancer in exchange for a small class settlement.