Macan buying advice.

All Porsche Macan Related Discussion
AlanT12
Posts: 5
Joined: Fri Nov 06, 2020 5:28 pm

Post by AlanT12 »

PaulR wrote: Fri Nov 06, 2020 6:35 pm
SAC1 wrote: Fri Nov 06, 2020 5:58 pm Alternatively have you thought about Contract Hire or PCP on a new or nearly new one. That will minimise your annual running costs...
No, no, no! PCP will maximise your TCO. It's an absolutely terrible way to 'buy' a car. Avoid it unless you like throwing away your money. Or you don't care. It's popular, so most people either don't care or they're happy to pay a premium to have a car they cannot otherwise afford.
This is always a contentious topic! I have always had PCP in recent years but this time I am looking to get out of this cycle and go for cash+ car loan.

Hoping the macan would hold its value better than other cars making it a better all round option cost wise.

dangezza
Posts: 130
Joined: Fri Oct 16, 2020 8:35 pm

Post by dangezza »

Everyone's financial circumstances and priorities vary. Personally at my age (35) if I had enough to buy a brand new macan gts for £70K I'd rather be using that towards our next house but that's because I know I'm not currently in my 'forever home' and I have car allowance which covers the monthly PCP payments.
From what you have said Alan I'd be tempted to use the £20-£30K to put down on a new/nearly new macan backed by a Porsche warranty. With a chunk of deposit like that and the residuals, you'd only need to finance a much lower amount meaning small monthly payments. For that, a newer lower mileage example with less chance of sleepless nights should your 6 year old macan develop a mysterious knocking.
And as everyone has said, solid residuals on a Porsche means it'll still be worth a bob or two in 4, 5, 6 years time.
Just my perspective...
dangezza
Posts: 130
Joined: Fri Oct 16, 2020 8:35 pm

Post by dangezza »

And in terms of buying a Porsche vs evoque. You only live once. My wife has a new evoque hse and as nice as it is, it doesn't give that intangible 'feeling' you get when you look out the window and see it on the drive, sit in the drivers seat, pull the key out of your pocket, etc. You get my point.
Madelvic
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Joined: Thu Aug 15, 2019 3:48 pm
Location: Scotland

Post by Madelvic »

AlanT12 wrote: Fri Nov 06, 2020 7:56 pm
SAC1 wrote: Fri Nov 06, 2020 5:58 pm Alternatively have you thought about Contract Hire or PCP on a new or nearly new one. That will minimise your annual running costs with either the 3 year warranty or 2 years on an OPC approved one.

These are quality well engineered cars, but expensive once out of warranty cover. Bi-annual servicing, tyres etc are costly too. But what car do you run now?

One things for sure....the Macan is way better to drive than the others in your short list. Take one out for an extended drive to prove it to yourself. ;)
I have had PCP on my last 3 brand new cars (1 series, E class and A class) and initially set off with the intention to lease or PCP again. But to be honest I want to get out of this cycle and use cash+ car loan. This is why I am thinking the macan could be the best option as my monthly payments at my budget would be similar to the brand new Evoque on PCP, but I would have something to show for it in terms of a paid off car or cash if I sell and pay off loan.

This is where I get concerned as I don’t know if say an 8 year old macan will face similar depreciation as the cayenne has and become a money pit as it becomes older.

My A class in incomparable to the macan of course in terms of running costs but it was a purchase out of necessity at the time and I have grown to hate it even though it is only 2 years old. :D
There are three specialists in the Central belt:

Motortune in Shotts
SP Autobahn in Stirling
David Phillips Autos in Edinburgh

I'm Edinburgh based and have used David for my older Porsche and other cars and I've found his prices reasonable, he's extremely pleasant and very straight - won't recommend work if it doesn't need done

Ref financing the best way to lose money is to buy a new car (and I've done it often enough) but the sweet spot for me is to buy a 2 plus year old car with the remains of the manufacturers warranty left.

This might not suit you, or be within your budget. Whatever, worth considering a car from an official Porsche garage as it will include 2 years warranty so long as the cost is fair

Last comment I've also used interest free credit cards to pay off cars. If I recall longest was 29 months but now seems to be 20 months. You have to be disciplined paying it off (treat it as a loan) but you won't beat 20 months interest free
2017 Macan GTS Carmine Red
2005 Boxster S Artic Silver
Seventy Seven
Posts: 192
Joined: Sun Jun 02, 2019 7:42 pm
Location: Kent

Post by Seventy Seven »

We went from Evoque to Macan - right decision!
Current:
997.2 C2S, Meteor Grey, PDK (with paddles), PSE, Sports Chrono, etc.... (2009)
Macan, Volcano Grey, 21” RS Spyder Design Alloys (2020): http://www.porsche-code.com/PLVB2FZ0
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PaulR
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Joined: Sat Dec 15, 2018 11:22 am
Location: Scotland

Post by PaulR »

Buy an Evoque if you're female who likes MK handbags, Barbour International jackets, UGG boots and want something to ponce around in. Buy a Macan if all these things make you cringe.
Current - Macan III GTS
Previous - Macan II GTS, Macan I GTS
adam b
Posts: 449
Joined: Tue May 14, 2019 2:50 pm

Post by adam b »

Madelvic wrote: Sat Nov 07, 2020 10:10 am Ref financing the best way to lose money is to buy a new car (and I've done it often enough) but the sweet spot for me is to buy a 2 plus year old car with the remains of the manufacturers warranty left.

This might not suit you, or be within your budget. Whatever, worth considering a car from an official Porsche garage as it will include 2 years warranty so long as the cost is fair

Last comment I've also used interest free credit cards to pay off cars. If I recall longest was 29 months but now seems to be 20 months. You have to be disciplined paying it off (treat it as a loan) but you won't beat 20 months interest free
Agree

Don’t be fooled with the OPC prices and think cars don’t depreciate but it’s slower than other marques

I probably won’t buy another new car again, my gen 1 turbo was 80k with options and I bought it 2 years old and 10k miles for 54k, it will continue to lose money but at a much slower rate.

I don’t get PCP, it’s convenient but expenseive; instead put down a decent deposit and get a bank loan for c.3%
2017 - Macan Turbo, with most of the toys (sold)
2008 - manual 997.1 Turbo (sold)
Deleted User 3551

Post by Deleted User 3551 »

Hi Alan,
All I would say is that life is short, and when I test drove Landys, GLC, X3/5 etc, the Macan killed ‘em. Yes, it was more money but I bought in January (March delivery, just before lockdown 🙏) and cannot tell you how right that decision was.
Good luck with whatever you choose to do.

Mark
Withy1
Posts: 28
Joined: Mon Sep 21, 2020 9:36 pm

Post by Withy1 »

I'm also in Glasgow and there is a very reputable Indy called George Morrison in Rutherglen. I've used him for my current 981S and previous 987S. Not at scary bills as OPC
Arrived: Macan GTS Night Blue
Staying: Boxster 981 GTS GT Silver
On-Track
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Joined: Sun May 03, 2015 12:59 pm
Location: Staffordshire

Post by On-Track »

Withy1 wrote: Thu Nov 19, 2020 8:39 pm I'm also in Glasgow and there is a very reputable Indy called George Morrison in Rutherglen. I've used him for my current 981S and previous 987S. Not at scary bills as OPC
I take it you'll stick with the OPC for your GTS in order to avoid questions about warranty. Also, buyers look for Porsche OPC servicing on nearly new cars so unless you intend keeping the car for 5+ years you're preserving value.

Yes Porsche OPC prices are high but that's the same with all premium marques.
Peter

Current: 2020 Carmine Red GTS http://www.porsche-code.com/PMST9ZI9
Gone- 2015 Sapphire Blue Diesel
Gone -2013 Cayenne Diesel
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