Search found 436 matches

by PaulR
Sat Mar 23, 2024 7:27 pm
Forum: Main Porsche Macan Chat
Topic: Macan GTS gen 1/2/3 comparison
Replies: 11
Views: 971

Re: Macan GTS gen 1/2/3 comparison

I'm relatively well placed to compare as I've had all three Gen 1 models. I have concerns of the ride on 21" wheels and the air suspension being uncomfortable and stiff, A lot of people have specified reverting to the standard air suspension. In terms of comfort, from best to worst: 1. Macan II...
by PaulR
Thu Feb 29, 2024 11:57 am
Forum: Main Porsche Macan Electric Chat
Topic: Macan EV
Replies: 374
Views: 74527

Re: Macan EV

DJMCUK wrote: Wed Feb 28, 2024 12:18 pm BTW, their Taycan quota is being cut by 50% for the next year.
Many potential Taycan buyers will now take a Macan EV or used Taycan instead.
by PaulR
Wed Feb 28, 2024 11:37 am
Forum: Main Porsche Macan Electric Chat
Topic: PCP Finance/Depreciation
Replies: 50
Views: 4410

Re: PCP Finance/Depreciation

Current car aside, I've lost about £26k over the previous 20-year period on a Lotus Elise, Audi S3 and two Macans. All cars bought cash. Absolutely no way I'd consider losing £70k on a Macan Turbo over the next three years on a PCP (or losing £50k if buying cash). Even if the car's worth a fair bit ...
by PaulR
Sun Feb 25, 2024 6:04 pm
Forum: Main Porsche Macan Electric Chat
Topic: PCP Finance/Depreciation
Replies: 50
Views: 4410

Re: PCP Finance/Depreciation

Looks like Porsche published their numbers (and it confirms my screenshot). For the Turbo it's even worse: £68,078 thrown down the drain for three year's in a Turbo. And then you hand the car back. Oh dear. Are there really people who are happy enough to throw away £70k for three years in a Turbo? ...
by PaulR
Fri Feb 23, 2024 7:49 pm
Forum: Main Porsche Macan Electric Chat
Topic: PCP Finance/Depreciation
Replies: 50
Views: 4410

Re: PCP Finance/Depreciation

£14,309 interest and £33,298 depreciation over three years. You'd need to be out of your mind! That's £47,607 thrown down the drain, as you end up with zero asset at the end. I cannot believe that anyone would do that. These figures are for the base model with no options, so actual figures will be e...
by PaulR
Sat Feb 17, 2024 8:20 am
Forum: Order Forum
Topic: Porsche inflation (sometimes best not to look)
Replies: 66
Views: 4148

Re: Porsche inflation (sometimes best not to look)

Two golden rules of wealth management: 1. Never finance a depreciating asset 2. Do consider financing an appreciating one Say you buy something at £50k with £10k interest. If that's worth £25k a few years later, it's lost you £35k. Not only have you lost money on depreciation, but you've lost even m...
by PaulR
Fri Feb 16, 2024 8:03 pm
Forum: Order Forum
Topic: Porsche inflation (sometimes best not to look)
Replies: 66
Views: 4148

Re: Porsche inflation (sometimes best not to look)

My previous PCP example assumes you find the cash to pay off the GMV. If you were to take out a 4-year loan on the same interest rate to pay off the car and get out of the PCP loop, we have a 4th figure. Cost for: 1. Cash buyer = £72k 2. Repayment loan = £86k 3. PCP with GMV paid cash = £93k 4. PCP ...
by PaulR
Fri Feb 16, 2024 7:48 pm
Forum: Order Forum
Topic: Porsche inflation (sometimes best not to look)
Replies: 66
Views: 4148

Re: Porsche inflation (sometimes best not to look)

Screenshot 2024-02-16 at 19.41.07.png

This shows why PCP is so expensive.

Cash = £72k
Repayment cost = £86k
PCP cost = £93k

I imagine many people who use PCP focus on the monthly payment and not the TCO.
by PaulR
Fri Feb 16, 2024 6:38 pm
Forum: Order Forum
Topic: Porsche inflation (sometimes best not to look)
Replies: 66
Views: 4148

Re: Porsche inflation (sometimes best not to look)

It's a bad idea to buy a depreciating asset on finance. It's a worse idea if that finance is PCP, the most expensive finance product out there. Given the popularity of PCP though, I presume most people don't understand the product, do it because everyone else does it, badly want something they canno...
by PaulR
Thu Feb 15, 2024 7:38 pm
Forum: Main Porsche Macan Chat
Topic: Gen 1 to Gen 3 differences
Replies: 41
Views: 3207

Re: Gen 1 to Gen 3 differences

We've been switching back and forth between our GenH1IIS and two GenH1III loan models. Three loan cars for a week each. As a result I can say without doubt the order is: 1. 20" steel (PASM) 2. 20" air 3. 21" air Interesting. I certainly felt the 21" wheels +15% (?) stiffer suspe...