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Porsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000

Porsche contacted all of the bidders individually to explain the situation and apologize.

Porsche contacted all of the bidders individually to explain the situation and apologize.

Source: Porsche AG

When a Porsche AG dealership in China posted an online advertisement for the latest Panamera, it wasn’t the sedan’s sleek curves that grabbed the most attention — it was the bargain price.

Drivers dreaming of a touch of luxury thought their luck was in after the dealership appeared to be offering the car for a bargain 124,000 yuan ($18,000), about one-eighth of the actual starting price of 998,000 yuan.