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Post by johnc on Jan 10, 2023 11:07:27 GMT
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Post by PetrolEd on Jan 10, 2023 11:44:15 GMT
Also some dealers have to sell their cars once the stock hits 90 days so are incentivized to price them right . The 2 Caymans I have bought from Guildford OPC I got on large discount as if they weren't sold that week they were off to the auction. West London I understand are owned by Porsche themselves as is Guildford so probably have the same timeframe to offload stock.
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Post by johnc on Jan 10, 2023 14:31:32 GMT
The black car has certainly been on sale for a couple of months now and the blue one maybe a month. Given that Porsche dealers are trying to take £10K out of every car they sell, there must be some decent discount available if you walk in when they have had it for 2 and a half months and they are looking at an auction trade sale with little or no profit. However I know that Porsche Glasgow, who are owned by Sytners are generally impossible to get to move much on price even with older stock so maybe they would rather sell it back to the trade than give a retail customer any discount.
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Post by Martin on Jan 10, 2023 18:17:47 GMT
The blue one feels overpriced but is worth more than the black one imo.
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Post by franki68 on Jan 11, 2023 13:29:51 GMT
The spec difference is massive,the cheaper newer car has almost no spec in comparison,Porsche dealers do work on spec when buying stock.
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Post by PG on Jan 16, 2023 12:29:35 GMT
....However I know that Porsche Glasgow, who are owned by Sytners are generally impossible to get to move much on price even with older stock so maybe they would rather sell it back to the trade than give a retail customer any discount. They'd rather sell 2 at £10k profit and 2 at zero than 4 at £5k. The latter would mean that sticker prices might actually have to drop, thereby destroying their nice business model and the mystique of high Porsche prices. |
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Post by Martin on Mar 31, 2023 10:13:19 GMT
I wonder whether Porsche used prices will be protected a bit by the latest price rise, certainly the nearly new stuff? The 911 range has had a c£10k increase....
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Post by chipbutty on Mar 31, 2023 10:32:08 GMT
£97k for a base 911...Jaysus.
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Post by Martin on Mar 31, 2023 10:55:09 GMT
£97k for a base 911...Jaysus. It's a lot and you need to add £2k for OTR costs, so the sub £100k 911 days are over. A 911T in a spec I'd be happy with is £130k now, which is about the same as a similar spec GTS when I first looked. It would be at least £145k for a GTS now, more like £150k. |
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Post by johnc on Mar 31, 2023 11:18:30 GMT
I wonder whether Porsche used prices will be protected a bit by the latest price rise, certainly the nearly new stuff? The 911 range has had a c£10k increase.... That's probably what they are hoping for but that model only works if new car sales stay at the same level. The comments I am getting from clients would suggest that many of them just feel they have become too expensive, especially when you are effectively forced to take finance if you are looking for something at the more interesting end of the Porsche range and the current interest rates are ludicrous. One of my clients is currently selling his near 4 year old 992 Carrera S because he needs something a bit bigger and he has a bad back which makes getting in and out a bit painful sometimes. He took it to Porsche to see what they would buy it for (car bought and serviced from them and less than 20K miles) and they offered him low £70K's - he has now taken it to an independent to sell it on SOR and he reckons he will get a net of mid to high £80K's. It cost him c£110K new so relatively cheap motoring but in his words, the dealers are only in it for what they can screw out the customer - there is no real customer care or consideration. |
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Post by Martin on Mar 31, 2023 11:44:41 GMT
I wonder whether Porsche used prices will be protected a bit by the latest price rise, certainly the nearly new stuff? The 911 range has had a c£10k increase.... That's probably what they are hoping for but that model only works if new car sales stay at the same level. The comments I am getting from clients would suggest that many of them just feel they have become too expensive, especially when you are effectively forced to take finance if you are looking for something at the more interesting end of the Porsche range and the current interest rates are ludicrous. One of my clients is currently selling his near 4 year old 992 Carrera S because he needs something a bit bigger and he has a bad back which makes getting in and out a bit painful sometimes. He took it to Porsche to see what they would buy it for (car bought and serviced from them and less than 20K miles) and they offered him low £70K's - he has now taken it to an independent to sell it on SOR and he reckons he will get a net of mid to high £80K's. It cost him c£110K new so relatively cheap motoring but in his words, the dealers are only in it for what they can screw out the customer - there is no real customer care or consideration. One story is they are trying to get back to more sensible lead times, which may be true and you'd expect to happen with interest rates as they are and a large price increase, but they are doing it in a very profitable way. It has been cheap motoring really, even at a low £70s residual, but the dealer would have advertised your clients car for something starting with a 9! I am surprised people are still buying relatively expensive cars on Finance, looking at the finance examples, a 'basic' 911 GTS with £22.6k deposit would be £1440 a month over 36 months. That's £73k in total or £2,000 a month, before adding any options. How about a used 4GTS up at £136.9k (list £150k) for £89k or £2.5k a month.... Porsche have also added back in a number of previously unavailable options eg Bose on a 911T. But if you want to add it to your existing (assuming it's price protected) order, then tough....you need to start again which puts you to the back of the queue and makes it a rather expensive option....that's so bad. |
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Post by chipbutty on Mar 31, 2023 12:24:16 GMT
It’s going to be interesting to see where the tipping point is for the “ lower volume, higher price “ model that the premium OEMs are pushing towards. Clearly those volume led opportunity sales will drop off as the mega finance deals will never be repeated (remember when you could get an M4 for £6k and £600 a month ?), but nobody likes paying 25% - 40% more than they did previously for what is a very similar machine (regardless of their disposable income).
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Post by johnc on Mar 31, 2023 13:19:27 GMT
My acquaintance who was recently looking to upgrade from 911 Turbo to Turbo S was basically told that to smooth the deal and get a decent delivery time he would need to finance some of it. I think I said in a different post that once we crunched the numbers on what he would be paying, he just decided to keep the Turbo. This guy earns 3 to 4 times what I earn so money really isn't an issue but even for him the figures were getting stupid.
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Post by franki68 on Apr 1, 2023 9:15:18 GMT
used stock is being heavily discounted,gts models in particular have plummeted.
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Post by PG on Apr 5, 2023 18:29:18 GMT
I read in the press yesterday that quite a few pundits are saying that new car discounts will start to reappear later this year (to compensate for production issues disappearing and thus supply to ramp up again and interest rate rises causing market tightening), and that will cause second hand values to fall too.
Mind you, if they forecast that scenario for long enough they'll be right eventually.....
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Post by franki68 on Apr 6, 2023 12:42:42 GMT
The 911s are now very poor value.The electric vehicles are going to plummet like a rock as well,a new battery for a taycan will be something like £20000 and this will need doing at 10 years probably...what value will they have ? I want to change car (as much as I love the gt3) but I am very wary of where the market is and don't see any value in any new cars at all.Maybe the jag f type offers relatively good value (as do the caymans and boxsters) but the depreciation is epic .
I could possibly get a new gt3 but it's uglier and with same spec as mine will be around £165k ( I paid 125 for mine 5 years ago) .
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Post by Deleted on Apr 6, 2023 13:45:59 GMT
^ I think this is the result of very badly made decisions that have been allowed to run due to politics rather than fact. Everything out of the pram rather than just the rattle.
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Post by Martin on Apr 6, 2023 14:45:29 GMT
The 911s are now very poor value.The electric vehicles are going to plummet like a rock as well,a new battery for a taycan will be something like £20000 and this will need doing at 10 years probably...what value will they have ? I want to change car (as much as I love the gt3) but I am very wary of where the market is and don't see any value in any new cars at all.Maybe the jag f type offers relatively good value (as do the caymans and boxsters) but the depreciation is epic . I could possibly get a new gt3 but it's uglier and with same spec as mine will be around £165k ( I paid 125 for mine 5 years ago) . It wouldn’t be all that difficult to get a 911T to that price and very difficult to keep a GTS that low. |
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Post by johnc on Apr 6, 2023 15:45:35 GMT
The 911s are now very poor value.The electric vehicles are going to plummet like a rock as well,a new battery for a taycan will be something like £20000 and this will need doing at 10 years probably...what value will they have ? I want to change car (as much as I love the gt3) but I am very wary of where the market is and don't see any value in any new cars at all.Maybe the jag f type offers relatively good value (as do the caymans and boxsters) but the depreciation is epic . I could possibly get a new gt3 but it's uglier and with same spec as mine will be around £165k ( I paid 125 for mine 5 years ago) . I don't know what this will go for but it has quite a few toys (some of which aren't very road use friendly): collectingcars.com/for-sale/2022-porsche-911-992-gt3-clubsport-2The Porsche electric cars, even with the long range battery only have a useable range of c200 miles. At 10 years old when that range is only 150 miles, I agree, they will be worthless. By that time we will have EV's that will do an easy 350/400 miles and/or Hydrogen/bio fuels. They are a bit like the early i-phones - great for a few years, then suddenly totally out of date. |
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Post by Deleted on Apr 6, 2023 20:47:16 GMT
141 miles, not even a track session, let alone a day....
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Post by Roadrunner on May 4, 2023 18:31:12 GMT
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Post by Martin on May 4, 2023 18:40:16 GMT
I like that. I can see me getting a Panamera when I finally reconcile the fact that a 911 isn’t really going to work for me and it’s too much to spend on a garage queen. |
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Post by Roadrunner on May 4, 2023 20:34:02 GMT
I like that. I can see me getting a Panamera when I finally reconcile the fact that a 911 isn’t really going to work for me and it’s too much to spend on a garage queen. If I was looking for a family Porsche, I think this is exactly what I would go for. I really like the colour and spec on this one, but my wife would kill me. |
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Post by Bob Sacamano v2.0 on May 5, 2023 8:52:50 GMT
I just can’t get my head round the odd looks of these. It’s like someone designed a four door Porsche for a laugh but then people took it seriously. |
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Post by Martin on May 5, 2023 9:07:32 GMT
ETTO but I think both the hatch and estate look fantastic and it’s great they offer a family sized alternative to an SUV.
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Post by Big Blue on May 5, 2023 9:15:47 GMT
The Panamera ST is a fabulous car but has a pretty huge footprint, even with G31 Eva as a yardstick. ……when I finally reconcile the fact that a 911 isn’t really going to work for me and it’s too much to spend on a garage queen. Ha ha. I went to the gym yesterday and there was a 991 GTS in the Club car park. I walked round it for a good 5 minutes and agreed with myself that 991s are the best looking 911s. I then considered how much I’d use such a car and thought the same. |
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Post by Tim on May 9, 2023 8:18:07 GMT
I'm not really a 911 fan and Panameras just confuse me.
Too many seem to be driven by people who have decided that X5s are waaay too common at the gym and tattoo parlour...........
Not only that but they look so heavy visually.
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Post by PetrolEd on May 9, 2023 8:40:10 GMT
I'm not really a 911 fan and Panameras just confuse me. Too many seem to be driven by people who have decided that X5s are waaay too common at the gym and tattoo parlour........... Not only that but they look so heavy visually. Interesting, Panamera's tend to be quite the discerning choice round these parts. The roided, sleeved fashion victim around here is still in the X3M, M3, S3/RS3, 140i or any AMG Merc (apart from E-wagon). |
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Post by Tim on May 9, 2023 13:10:21 GMT
There are plenty of those round here but the Panamera is popular with the wealthier end of that group.
They're more subtle though, usually wearing long sleeves to hide the tats.
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Post by Martin on May 9, 2023 16:12:31 GMT
The Panamera is very rare where I live and travel, hardly ever see one. Maybe it’s because I don’t hang around gyms and tattoo parlours!
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