Just ordered new 2019 Macan today

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nozydog
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Post by nozydog »

steve w wrote: Tue Nov 20, 2018 5:01 pm Personally I’d wait until you can order a 3L S or better still the GTS Macan,I’m not a lover of the 2L models and they’re possibly the least desirable variant,imo it’ll take a bigger hit come PX time,the engine is a VW sourced motor which Porsche have done some modifications on,the 3L motors are a Porsche design,as for Macans realising 70/75% value after 3 years is wishful thinking,now that they’ve been for sale over 4 years come PX time the OPC won’t offer anything like that especially on a 2L,one of the forum members lost around 6k after owning a 2L for a month ,I’ve had SD and a GTS both lost more money than I expected and that was putting the speck of them to several OPCs,now I’m running a 911,it was 18 months old when I purchased it with 6k on the clock,this is a 120k 911 when delivered new including the 5k full PPF the first owner had put on so he took around a 30k hit after 18 months
The new V6 engines for the facelift (certainly on the S) are actually new Audi units, not the Porsche designed ones from the outgoing car, that’s already been documented! And 70% isn’t wishful thinking, it’s what the trade valuation guides state as bottom book trade value after 3 years... and if an OPC won’t give you it, another dealer certainly will (I have always got at least trade book value on my trade in cars) The way you WILL lose is by heavily optioning your Porsche because you’ll get pretty much nothing back on most options!! Main dealers are selling heavily optioned two year old Macans (any engine) for at least new list price!!

One interesting point, when I sold my Cayman as a trade in on a BMW the main dealer (also an OPC) said he got the best price on my Cayman from an independent dealer, apparently because Porsche do so much prep on them to get them up to scratch (even re spraying the whole front end just because of stone chipping) they offer far less than other dealers!

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Semerka
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Post by Semerka »

nozydog wrote: Wed Nov 21, 2018 12:49 am
.....

One interesting point, when I sold my Cayman as a trade in on a BMW the main dealer (also an OPC) said he got the best price on my Cayman from an independent dealer, apparently because Porsche do so much prep on them to get them up to scratch (even re spraying the whole front end just because of stone chipping) they offer far less than other dealers!
This is true about OPC's way of prepping the AUC cars. I bought a 2nd hand, 10 months old Macan last year and it's bonnet has been re-sprayed to eradicate stone chips. Crazy, but good too. :)
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Paul
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Post by Paul »

Semerka wrote: Wed Nov 21, 2018 1:19 pm
nozydog wrote: Wed Nov 21, 2018 12:49 am
.....

One interesting point, when I sold my Cayman as a trade in on a BMW the main dealer (also an OPC) said he got the best price on my Cayman from an independent dealer, apparently because Porsche do so much prep on them to get them up to scratch (even re spraying the whole front end just because of stone chipping) they offer far less than other dealers!
This is true about OPC's way of prepping the AUC cars. I bought a 2nd hand, 10 months old Macan last year and it's bonnet has been re-sprayed to eradicate stone chips. Crazy, but good too. :)
And the Porsche “standard” is a 2 yr warranty which they are forced to purchase from the provider (@ ? £1500 ? Or more?)
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nozydog
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Post by nozydog »

All the above is great for the person buying used (although they'll still pay high) but not so good for us come trade in time, to be offered a poor price!!

It seems all a bit of a rip-off to me that they'll buy my trade-in at a lower price than an indie dealer, but they'll sell it on at a far higher price than that same dealer! Inflated Porsche margins/overheads obviously... :roll:

I'd be really interested to hear what percentage of original price paid any members on here have been given by Porsche at trade-in time!!
All the online price guides suggest a £50k car will trade in (after 3 year/30,000 miles) at a bottom book value of around £35k... giving a 70% retained value... but maybe you just won't get that from Porsche, being a law unto themselves!
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Paul
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Post by Paul »

All the residuals will be dependant on circumstance; demand vs supply.

In the early days (2014 / 2015) you could flip a 6 month old example for little or no loss as the lead times were often out past 12 months at the Macan was “ new” to the market.

I waited 14 months for my first SD and early p/ex it with the dealership after 8/9 months and 9000 miles at a 92% net residual. Change of circumstance regarding mileage and GTS on order prompted.

Some on here will express “disappointment” at their p/x prices (‘cause that’s human nature😉) but in reality you'll struggle to beat Porsche residuals all things being equal. You’ll always get a bit more from an independant, and ever more privately if you can stand the hassle, but the same can be said of any brand. The advantage you may have is that the older and more “affordable” the car gets, the more openings you will get.
Porsche dealerships use the same guides as everyone else (CAP / Glass) but the issues arise due to the disproportionate amount of options most Porsches are specced with compared to other marques,and how these options are (or aren’t) valued.
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mark-yorkshire
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Post by mark-yorkshire »

nozydog wrote: Wed Nov 21, 2018 3:14 pm All the above is great for the person buying used (although they'll still pay high) but not so good for us come trade in time, to be offered a poor price!!

It seems all a bit of a rip-off to me that they'll buy my trade-in at a lower price than an indie dealer, but they'll sell it on at a far higher price than that same dealer! Inflated Porsche margins/overheads obviously... :roll:

I'd be really interested to hear what percentage of original price paid any members on here have been given by Porsche at trade-in time!!
All the online price guides suggest a £50k car will trade in (after 3 year/30,000 miles) at a bottom book value of around £35k... giving a 70% retained value... but maybe you just won't get that from Porsche, being a law unto themselves!
In March this year I got £37500 for my 34 month old 15 plate SD on 22500 miles which cost me new about £51000. Not quite as good as my first SD that I bought in May 2014 and sold a year later at 8000 miles for just £200 less than I paid new.
Last edited by mark-yorkshire on Wed Nov 21, 2018 6:04 pm, edited 2 times in total.
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Dandock
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Post by Dandock »

I’ve been led to believe that the S is embargoed until 8 Dec.

A thought on residuals. As there’s likely to be many more petrol S cars sold of the upgrade than the original, will they hold their value quite so much?
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CharlesElliott
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Post by CharlesElliott »

Sorry to say but I think the value of the 2.0 face lift will be poor in relation to the 3l cars. Due to WLTP the supply of 2.0 is artificially inflated and people will start to sell in numbers in the timeframe of the 3l cars becoming available.
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MCDK
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Post by MCDK »

You also don't sign a contract to force you to sell back to an OPC. I never trade in cars, always sell privately or get an independent to retail it on by behalf for a commission. Works out much better.
nozydog
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Post by nozydog »

MCDK wrote: Wed Nov 21, 2018 6:46 pm You also don't sign a contract to force you to sell back to an OPC. I never trade in cars, always sell privately or get an independent to retail it on by behalf for a commission. Works out much better.
Problem with selling a <3yr car privately is that most (if not all) buying a £40k car will be using credit, although I guess some will get a loan first so they have cash ready! My past experience of selling privately (and I’m going back to my youth when I was only selling for hundreds not thousands) is the amount of time wasters and tyre kickers just doesn’t make it worthwhile. Most people buying a specialist sports car brand will also want a warranty and some sort of after sales back up.
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