Chinese Porsche Dealer Accidentally Lists Panamera For $18,000

A Porsche dealership in China mistakenly listed a brand new Panamera for a bargain price of 124,000 yuan, about $18,000, despite its actual price tag of 998,000 yuan ($148,421).

Not surprisingly, the Yinchuan, China dealer immediately began receiving a flood of deposits from anxious buyers hoping to score a fantastic deal. The advertisement, first reported by Bloomberg, was obviously too good to be true, but that didn’t stop people from trying.

The dealer quickly realized what had happened, took down the information, and admitted the mistake. Porsche’s Stuttgart, Germany headquarters was almost immediately notified of the embarrassing situation. Members of the Chinese social media platform, Weibo, were also talking about the price and were obviously disappointed when the dealer made the correction.