The flashest cars have the fattest margins, according to a new survey from German-based Duisburb-Essen University's Centre for Automotive Research. Porsche places first for profit margins, pulling in an approximate profit of $24,500 per vehicle. That averages out to around 18.4% of the showroom price.
Ferrari and Maserati fought neck and neck for second place, snagging about $21,500 per car. But both these vehicles usually cost more than your average Porsche, meaning relatively smaller margins. From there, Audi and BMW pull in around $5,500 and $5,000, respectively, allowing more margin wiggle room for these lower-level luxury cars.
Foolish takeaway
While this news doesn't directly impact Australian stocks, it does point to luxury cars as a more lucrative line-up. If Automotive Holdings Group (ASX: AHE) and AP Eagers (ASX: APE) can push more Porsches through their businesses, they can expect to see larger profit margins down the line.
With the global recovery still revving and stalling, the luxury auto market has been mixed in developed countries such as Australia. Flash cars may not be the hottest cars on the lot, but any uptick in sales will bode well for these Aussie auto stocks.
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Motley Fool contributor Justin Loiseau has no position in any stocks mentioned in this article. You can follow him on Twitter @TMFJLo.
