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Post by racingteatray on Dec 18, 2020 19:38:19 GMT
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Post by racingteatray on Dec 18, 2020 19:46:37 GMT
A new GTS specced to match is a cool £73k (base price £58k). A new Turbo would be £84k (base price £68k).
So even applying the Chip logic that new beats s/h, it looks as though the £50k Macan would lose around £15k in depreciation over three years, while the new one will lose at least £35k. And then there's the fact that they charge you interest on a much larger base sum. So s/h in this instance looks a no-brainer to me.
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Post by Martin on Dec 18, 2020 19:55:43 GMT
That’s a very strong GFV, I’d be pretty tempted to use finance at that level, but I assume it’s a typical cheeky Porsche APR? If you were confident it would be worth £35k, that’s only just over £400 a month.
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Post by racingteatray on Dec 18, 2020 20:32:20 GMT
That’s a very strong GFV, I’d be pretty tempted to use finance at that level, but I assume it’s a typical cheeky Porsche APR? If you were confident it would be worth £35k, that’s only just over £400 a month. No the GFV is £30,450, but a glance at what six year old Macan Turbos with c.65k miles fetch tells me that should be a touch conservative and it is nevertheless strong. The APR on offer is 6.9% vs 6.4% for new. Which I dislike. The monthlies are £450ish.
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Post by Martin on Dec 18, 2020 20:54:50 GMT
That’s a very strong GFV, I’d be pretty tempted to use finance at that level, but I assume it’s a typical cheeky Porsche APR? If you were confident it would be worth £35k, that’s only just over £400 a month. No the GFV is £30,450, but a glance at what six year old Macan Turbos with c.65k miles fetch tells me that should be a touch conservative and it is nevertheless strong. The APR on offer is 6.9% vs 6.4% for new. Which I dislike. The monthlies are £450ish. Ahh, that makes more sense. I couldn’t pay 6.9%, it’s so much cheaper to fund it yourself. It must be over £700 a month all in with close to £20k depreciation and that rate of interest. More excellent man maths....ignore the deposit and assume there will be decent equity at the end! Will Mrs Racing belive you when you say “it’s only £450 a month and we’ll had more cash in the bank”? A 6 year old Macan looks very similar to a new one inside and out which helps residuals, probably won’t be the same in 3 years. But ignore that.
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Post by Andy C on Dec 18, 2020 21:24:14 GMT
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Post by Martin on Dec 18, 2020 22:09:36 GMT
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Post by michael on Dec 18, 2020 23:10:57 GMT
That’s interesting. I don’t think we’re far off the point where expensive doesn’t have to mean big. We need to get to a state where high spec, high quality cars can be small.
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Post by racingteatray on Dec 18, 2020 23:55:51 GMT
I could not agree with you more.
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Post by Martin on Dec 19, 2020 7:28:59 GMT
I agree as well (to a point), I do like having a small car and finding a high spec one is easy now, but not high quality.
A Macan isn’t a small car though, it’s got the same footprint as a 5 series and isn’t that far off an X5 (only 10% less than my car surprisingly)
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Post by johnc on Dec 19, 2020 9:28:52 GMT
The Macan is a good looking car and the interior is very luxurious. The photos of the colour also look really nice but I would need to see the interior before committing. I hope they make a better job of respraying the bonnet than Glasgow Porsche. A client recently bought a Cayman GTS from them and when I looked at it, you could see two stone chips which had not been properly rubbed down before being sprayed. I also didn't think the finish was as smooth and shiny as it should have been - they shouldn't let the apprentice loose on a car until he appreciates what a quality finish looks like.
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Post by johnc on Dec 19, 2020 9:39:12 GMT
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Post by Martin on Dec 19, 2020 10:26:29 GMT
I looked a decent spec facelift Turbo that was under 12 months old for £70k and the GFV after 3 years / 46k miles (it’s only done £1k now) was only £34k. So on Porsche finance it is £1,300 a month inc deposit, so double the cost excluding any potential residual upside. As a more direct comparison, there’s a 2017 Turbo with only 15k miles and the GFV on a 3 year/10k miles a year PCP is £30,948. As I said yesterday, the GFV Racing has been given is very strong, I doubt there would be any equity in at the end (based on trade in or private sale value, not retail)
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Post by ChrisM on Dec 19, 2020 15:44:14 GMT
I agree as well (to a point), I do like having a small car and finding a high spec one is easy now, but not high quality. You could have fooled me, the last small car I can recall you having regular use of, was the Swift. For trips into town, and running around on local trips, a truly small car is an asset as I found out with the Ka, a completely brilliant alternative to trying to take a huge Galaxy into town centres, multi-storey car parks etc. the Fiesta is so much better but bigger, but still under 4m in length unlike the latest model - plus it's narrow too. We managed, for a few years, when our kids were babies with a Fiat Uno as the largest car in the family as that was all we could afford!
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Post by Martin on Dec 19, 2020 16:15:39 GMT
I agree as well (to a point), I do like having a small car and finding a high spec one is easy now, but not high quality. You could have fooled me, the last small car I can recall you having regular use of, was the Swift. For trips into town, and running around on local trips, a truly small car is an asset as I found out with the Ka, a completely brilliant alternative to trying to take a huge Galaxy into town centres, multi-storey car parks etc. the Fiesta is so much better but bigger, but still under 4m in length unlike the latest model - plus it's narrow too. We managed, for a few years, when our kids were babies with a Fiat Uno as the largest car in the family as that was all we could afford! The Golf is a small car! I had to go into Northampton earlier and all the street parking needed coins, but no issue in the multi-storey with the RR. Not with all the cameras.
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Post by michael on Dec 19, 2020 16:27:12 GMT
You could have fooled me, the last small car I can recall you having regular use of, was the Swift. For trips into town, and running around on local trips, a truly small car is an asset as I found out with the Ka, a completely brilliant alternative to trying to take a huge Galaxy into town centres, multi-storey car parks etc. the Fiesta is so much better but bigger, but still under 4m in length unlike the latest model - plus it's narrow too. We managed, for a few years, when our kids were babies with a Fiat Uno as the largest car in the family as that was all we could afford! The Golf is a small car! I had to go into Northampton earlier and all the street parking needed coins, but no issue in the multi-storey with the RR. Not with all the cameras. Assume it wasn't a multi-storey with a two tonne weight limit.
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Post by LandieMark on Dec 19, 2020 16:29:55 GMT
I have to take the Mazda when I go to Newcastle as the Defender is too tall for all the car parks.
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Post by Martin on Dec 19, 2020 16:34:42 GMT
I have to take the Mazda when I go to Newcastle as the Defender is too tall for all the car parks. I couldn’t get into the carpark I wanted earlier as it had a 1.8m limit, but most are 2m which is fine as I can drop the suspension which takes the overall height down to a fraction under 1.9m. There’s a screen in the infotainment that shows all dimensions in the current mode.
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Post by michael on Dec 19, 2020 16:37:37 GMT
There’s a screen in the infotainment that shows all dimensions in the current mode. Mine has that. Except in mine it's a sticker on the sun visor.
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Post by ChrisM on Dec 19, 2020 16:48:54 GMT
A Golf is over 4.2m long, to me that is not small.
Anyway the way things are going, none of us will need cars soon anyway. Not allowed to meet anyone from outside your household, stay at home unless it's an amergency, Christmas effectively cancelled....
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Post by michael on Dec 19, 2020 16:56:32 GMT
A Golf is over 4.2m long, to me that is not small. Anyway the way things are going, none of us will need cars soon anyway. Not allowed to meet anyone from outside your household, stay at home unless it's an amergency, Christmas effectively cancelled.... They’re doing this to try and save lives. Does that matter to you?
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Post by johnc on Dec 19, 2020 16:57:52 GMT
A Golf is over 4.2m long, to me that is not small. Anyway the way things are going, none of us will need cars soon anyway. Not allowed to meet anyone from outside your household, stay at home unless it's an amergency, Christmas effectively cancelled.... On the other hand you could think of all the creative cooking you can do on Christmas day and all the favourites you can make and enjoy. Set yourself the task of making something you haven't done before even if it isn't Christmasy. I'm making a rice pudding because that's what my Mother in Law likes. Even if she can't come in to the house I will deliver it to her door. Christmas is about giving. Who can you give to and what would make them feel really happy? Now you just need to make it happen - that's your mission Chris, if you decide to accept it.
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Post by ChrisM on Dec 19, 2020 17:04:11 GMT
A Golf is over 4.2m long, to me that is not small. Anyway the way things are going, none of us will need cars soon anyway. Not allowed to meet anyone from outside your household, stay at home unless it's an amergency, Christmas effectively cancelled.... They’re doing this to try and save lives. Does that matter to you? Sorry but.... if you wear a face mask when outside and observe the dreaded "social distancing", does the virus still get transmitted? That's what I'd like to know, and if it doesn't then the government just needs to makes sure that the measures are enforced. I know that life is not fair but this "taking Christmas away" is disastrous for people's mental health. Now, if it can be proven that wearing a mask and observing social distancing still does not stop transmission, then we really do have a problem
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Post by Martin on Dec 19, 2020 17:05:50 GMT
There’s a screen in the infotainment that shows all dimensions in the current mode. Mine has that. Except in mine it's a sticker on the sun visor. Do you change the sticker when you raise / lower the suspension?
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Post by michael on Dec 19, 2020 17:11:56 GMT
Face masks are largely a gimmick as most aren’t worn correctly and are not medically effective. The Perspex screens people wear are an utter waste of time but the truth is that although you may follow the rules many others don’t. At all. The good news is that over 300k people have now been vaccinated with their first jab and when Oxford comes on line that will increase substantially.
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Post by michael on Dec 19, 2020 17:12:59 GMT
Mine has that. Except in mine it's a sticker on the sun visor. Do you change the sticker when you raise / lower the suspension? It would have been too fancy for a Discovery if it had been holographic.
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Post by ChrisM on Dec 19, 2020 17:20:42 GMT
Mine has that. Except in mine it's a sticker on the sun visor. Do you change the sticker when you raise / lower the suspension? On my way home from a business trip yesterday I stopped at Leicester Forest series. One of those full-fat Range Rovers reversed into the space in front of me. It then raised itself by what looked like a foot or more - very impressive but not sure if the driver was doing it to show off or if it does this automatically from a lowered ride height on motorways. Whatever, nobody got out of the RR which remained stationary for quite a while, before it drove off again (in elevated height mode)
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Post by Martin on Dec 19, 2020 17:57:46 GMT
Do you change the sticker when you raise / lower the suspension? On my way home from a business trip yesterday I stopped at Leicester Forest series. One of those full-fat Range Rovers reversed into the space in front of me. It then raised itself by what looked like a foot or more - very impressive but not sure if the driver was doing it to show off or if it does this automatically from a lowered ride height on motorways. Whatever, nobody got out of the RR which remained stationary for quite a while, before it drove off again (in elevated height mode) It does lower at motorway speeds, but it would have been back to normal long before it parked so they raised it. It lowers when you open the door to make it easier to get in/out (access mode) if you want it to or there’s a button on the door to activate it. The new S8 does the opposite, it raises itself when parked so you step into rather than down into it.
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Post by racingteatray on Dec 20, 2020 20:57:44 GMT
I agree as well (to a point), I do like having a small car and finding a high spec one is easy now, but not high quality. A Macan isn’t a small car though, it’s got the same footprint as a 5 series and isn’t that far off an X5 (only 10% less than my car surprisingly) It has the same footprint as a 4-series. I just googled and a Macan is 4cm longer than my car.
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Post by Martin on Dec 20, 2020 21:17:45 GMT
I agree as well (to a point), I do like having a small car and finding a high spec one is easy now, but not high quality. A Macan isn’t a small car though, it’s got the same footprint as a 5 series and isn’t that far off an X5 (only 10% less than my car surprisingly) It has the same footprint as a 4-series. I just googled and a Macan is 4cm longer than my car. I did say footprint, not length. It’s 10cm wider and 6cm longer that a 4GC according to automobiledimension.com, which makes it the same width as an XC90 and only 7cm narrower than a FFRR. So it doesn’t have the same footprint as the 4GC.....and isn’t a small car, on the outside at least.
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