2022 Macan Build Dates

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Deleted User 4436

Post by Deleted User 4436 »

sd1985 wrote: Tue Jul 27, 2021 9:46 am
BCR1970 wrote: Tue Jul 27, 2021 7:19 am Very interesting way of looking at this! Thanks for sharing! I do understand this perspective and I get PCP in long term is not cost effective but you are right it is easier on cashflow. I took a view with the money upfront I dont have to pay in one go, I take that (theoretical) pot of money and invest it. That is probably the narrative all dealers give! But I also trade Forex as supplementary to my main job so I keep funds in there to help me build funds
Im the same, I invest my car money and take PCP. I have done ok with this method over the last 4 years. I have also been given a good part exchange cost for my 2 year old Macan gen 2 to spec the gen 3
Still think cash is best way to buy if you have it.
I bought a Macan 3 years ago for £57K and selling it for £43k - so its only cost me £14k over a 3 year period. If i'd bought the same car on PCP the dealer asked for a £6k deposit plus £8k per year in PCP payments (so in total that's £30k over 3 years (deposit + pcp payments).
So in summary i've ended up taking a hit for £14k (depreciation) versus £30k if i'd gone down the PCP route... so saved about £16k over 3 years (i.e. £440 per month)! If i'd invested that money instead of putting it into a car, im not sure i'd have made £440 per month. So i always buy cars in cash now.
[/quote]

if you have enough spare, cash is always the best option. However, I am fine with the monthly payments but can't really afford to lose £64k from my bank balance right now. I am hopeful that if one of the deals comes in that I am working on that the commission will cover the cost of the car, but with all things sales I can't guarantee that.

I think people have different personal circumstances and some options work better for some.

Deleted User 4436

Post by Deleted User 4436 »

Tracky wrote: Tue Jul 27, 2021 7:52 am
OmniCognateSnr wrote: Tue Jul 27, 2021 7:47 am
Tracky wrote: Tue Jul 27, 2021 6:46 am There is an element of truth here on PCP with a Porsche

The PCP effectively has an insurance product in it ie you are paying to have the option of walking away if the finance end up upside down

The only car I finance is the Dog's car because in my mind it is disposable commodity. Before the Seat we had two Nissan Leafs (one after the other). Both £30k spec. I can't remember which one (but they were both bad) but I think after 3 years the final payment was £12k. I tried to part-ex it and was offered £8k! No problem. Let Nissan just take it back with no penalty to me.

With Porsche I doubt you are ever going to end up upside down - unless you order Mamba/Python/or the new orange :D

If finance is needed I would look at straight HP or one with a balloon at the end but not PCP
PCP does have a balloon at the end.
Yes I meant HP with ballon but no guarantee and therefore cheaper

Mark can go through the options with you
Spoke to Mark and he confirmed there is no HP option with a balloon payment, as such, and that HP is way more expensive than PCP (in the short term). The options with a balloon payment are either PCP or Lease Purchase, and he says Lease purchase uses the same calcs as PCP (so I'm not really sure what the difference is). His recommendation was 100% PCP, but I don't know if there is any bias there. He also said with PCP they are happy to get you out of the car after 2-3 years and into a new one and can offset the residual value of the current car.

Anyway, outcome is I got a PCP payment I am happy with, don't need to worry about the mileage (because I will probably buy the car at the end anyway) so I'm all set. Next step, lots and lots of very aggravating waiting.
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Post by F1 Nut »

OmniCognateSnr wrote: Tue Jul 27, 2021 11:12 am
sd1985 wrote: Tue Jul 27, 2021 9:46 am
BCR1970 wrote: Tue Jul 27, 2021 7:19 am Very interesting way of looking at this! Thanks for sharing! I do understand this perspective and I get PCP in long term is not cost effective but you are right it is easier on cashflow. I took a view with the money upfront I dont have to pay in one go, I take that (theoretical) pot of money and invest it. That is probably the narrative all dealers give! But I also trade Forex as supplementary to my main job so I keep funds in there to help me build funds
Im the same, I invest my car money and take PCP. I have done ok with this method over the last 4 years. I have also been given a good part exchange cost for my 2 year old Macan gen 2 to spec the gen 3
Still think cash is best way to buy if you have it.
I bought a Macan 3 years ago for £57K and selling it for £43k - so its only cost me £14k over a 3 year period. If i'd bought the same car on PCP the dealer asked for a £6k deposit plus £8k per year in PCP payments (so in total that's £30k over 3 years (deposit + pcp payments).
So in summary i've ended up taking a hit for £14k (depreciation) versus £30k if i'd gone down the PCP route... so saved about £16k over 3 years (i.e. £440 per month)! If i'd invested that money instead of putting it into a car, im not sure i'd have made £440 per month. So i always buy cars in cash now.
if you have enough spare, cash is always the best option. However, I am fine with the monthly payments but can't really afford to lose £64k from my bank balance right now. I am hopeful that if one of the deals comes in that I am working on that the commission will cover the cost of the car, but with all things sales I can't guarantee that.

I think people have different personal circumstances and some options work better for some.
[/quote]

Absolutely, everyone's circumstances are different. I have put a significant amount of money into my childrens trust funds, which are performing better than the cost of the interest of the PCP deal, therefore I will continue to put my cash where it's working harder.

The above from sd1985 might be a little simplistic, but is based upon a specific point in time too. What if the vehicle was worth £25k after 3 years and not £43k? With PCP, you can walk away, if you've bought cash, you're £2k down. Also, if the vehicle is in positive equity, that's not lost on a PCP either. You can sell the car, settle the contract and pocket the difference or roll it into another car if you wish. PCP also enables you to voluntarily terminate once 50% of the borrowed amount has been paid, something you cannot do with a lease. So if residuals do plummet, you can exit early.

And for anyone buying an ICE over the next 2-4 years, who knows what will happen with legislation and subsequent effects on residuals. Will petrol cars be banned from city centres in years to come? Probably, at some point!

PCP's can only really be considered better or worse when you factor in the individuals entire personal financial circumstances.
Current: Macan Turbo 2021 http://www.porsche-code.com/PM513BZ5
Previous: BMW 540i 2018
Deleted User 4436

Post by Deleted User 4436 »

F1 Nut wrote: Tue Jul 27, 2021 1:42 pm
OmniCognateSnr wrote: Tue Jul 27, 2021 11:12 am
sd1985 wrote: Tue Jul 27, 2021 9:46 am

Im the same, I invest my car money and take PCP. I have done ok with this method over the last 4 years. I have also been given a good part exchange cost for my 2 year old Macan gen 2 to spec the gen 3
Still think cash is best way to buy if you have it.
I bought a Macan 3 years ago for £57K and selling it for £43k - so its only cost me £14k over a 3 year period. If i'd bought the same car on PCP the dealer asked for a £6k deposit plus £8k per year in PCP payments (so in total that's £30k over 3 years (deposit + pcp payments).
So in summary i've ended up taking a hit for £14k (depreciation) versus £30k if i'd gone down the PCP route... so saved about £16k over 3 years (i.e. £440 per month)! If i'd invested that money instead of putting it into a car, im not sure i'd have made £440 per month. So i always buy cars in cash now.
if you have enough spare, cash is always the best option. However, I am fine with the monthly payments but can't really afford to lose £64k from my bank balance right now. I am hopeful that if one of the deals comes in that I am working on that the commission will cover the cost of the car, but with all things sales I can't guarantee that.

I think people have different personal circumstances and some options work better for some.
Absolutely, everyone's circumstances are different. I have put a significant amount of money into my childrens trust funds, which are performing better than the cost of the interest of the PCP deal, therefore I will continue to put my cash where it's working harder.

The above from sd1985 might be a little simplistic, but is based upon a specific point in time too. What if the vehicle was worth £25k after 3 years and not £43k? With PCP, you can walk away, if you've bought cash, you're £2k down. Also, if the vehicle is in positive equity, that's not lost on a PCP either. You can sell the car, settle the contract and pocket the difference or roll it into another car if you wish. PCP also enables you to voluntarily terminate once 50% of the borrowed amount has been paid, something you cannot do with a lease. So if residuals do plummet, you can exit early.

And for anyone buying an ICE over the next 2-4 years, who knows what will happen with legislation and subsequent effects on residuals. Will petrol cars be banned from city centres in years to come? Probably, at some point!

PCP's can only really be considered better or worse when you factor in the individuals entire personal financial circumstances.
[/quote]

Nicely put.

Btw, I am hoping that my son will be my trust fund. Is that wrong ?😊
sd1985
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Post by sd1985 »

F1 Nut wrote: Tue Jul 27, 2021 1:42 pm
OmniCognateSnr wrote: Tue Jul 27, 2021 11:12 am
sd1985 wrote: Tue Jul 27, 2021 9:46 am

Im the same, I invest my car money and take PCP. I have done ok with this method over the last 4 years. I have also been given a good part exchange cost for my 2 year old Macan gen 2 to spec the gen 3
Still think cash is best way to buy if you have it.
I bought a Macan 3 years ago for £57K and selling it for £43k - so its only cost me £14k over a 3 year period. If i'd bought the same car on PCP the dealer asked for a £6k deposit plus £8k per year in PCP payments (so in total that's £30k over 3 years (deposit + pcp payments).
So in summary i've ended up taking a hit for £14k (depreciation) versus £30k if i'd gone down the PCP route... so saved about £16k over 3 years (i.e. £440 per month)! If i'd invested that money instead of putting it into a car, im not sure i'd have made £440 per month. So i always buy cars in cash now.
if you have enough spare, cash is always the best option. However, I am fine with the monthly payments but can't really afford to lose £64k from my bank balance right now. I am hopeful that if one of the deals comes in that I am working on that the commission will cover the cost of the car, but with all things sales I can't guarantee that.

I think people have different personal circumstances and some options work better for some.
Absolutely, everyone's circumstances are different. I have put a significant amount of money into my childrens trust funds, which are performing better than the cost of the interest of the PCP deal, therefore I will continue to put my cash where it's working harder.

The above from sd1985 might be a little simplistic, but is based upon a specific point in time too. What if the vehicle was worth £25k after 3 years and not £43k? With PCP, you can walk away, if you've bought cash, you're £2k down. Also, if the vehicle is in positive equity, that's not lost on a PCP either. You can sell the car, settle the contract and pocket the difference or roll it into another car if you wish. PCP also enables you to voluntarily terminate once 50% of the borrowed amount has been paid, something you cannot do with a lease. So if residuals do plummet, you can exit early.

And for anyone buying an ICE over the next 2-4 years, who knows what will happen with legislation and subsequent effects on residuals. Will petrol cars be banned from city centres in years to come? Probably, at some point!

PCP's can only really be considered better or worse when you factor in the individuals entire personal financial circumstances.
[/quote]



I Agree its all about personal circumstances, and every has a different situation when it comes to buying a car.
For me its also about buying the right car in the right spec, to improve your odds of better residuals. I also find porsche hold value much better and don't see that changing due to how they evolve cars and how you can't buy a cheap Porsche from any OPC globally. They stick to a general price point which helps residuals. I dont see the move to electric damaging those residuals either due to these reasons.
I'm also buying the new ICE macan GTS, and despite what you've said about ICE engines, my bet is that with this being the last ICE GTS Macan you will ever be able to buy, it will do very very well with residuals in 3 years (when i plan to sell). So i already have a price range in mind and done the maths. For example, i pay £74k in cash, i'd expect £40-£50k in 3 years, closer to £50k if i P/E and it will have low mileage with good spec. So depreciation of roughly £24k-£34k. Conversely, the dealer offered me PCP at £8k deposit, £12k yearly PCP payments. So £44k over 3 years.

So a saving of between £10k-£20k through buying in cash - probably £15k in the middle feels about right (£420 per month). If i took the cash and invested it, i could probably generate a decent return, but would have to work for my 5,6,7,8 % with no guarantees.


But its my personal opinion, no right or wrong answer here and dependent on circumstance. Also ICE will still be mainstream for years to come based on the latest data etc.
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Post by pmg »

Dickies16V wrote: Sun Jul 25, 2021 5:03 pm Yes, i noticed the PASM and Air for base Macan was there and has now disappeared. Hope the 18/14 way seats don't suddenly disappear as they did with Gen 2 model a little while back.

Is the new park assist option -advanced i think they call it, does that take over the steering and power for you? Also is the speed sign notification worth it?

Thanks
I had the equivalent on a BMW. It was useful when driving along a street to judge precisely whether a space was big enough. However, the system took alignment from the cars on either side of the space so if one of those was partly on the pavement or not parallel with pavement, this impacted where the system tried to place your car with the possible danger of damage to alloys, etc. Surround-view on its own is overall a more reliable way of placing a vehicle
2019 Macan S Porsche code PKW8WKI8
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Post by F1 Nut »

Conversely, the dealer offered me PCP at £8k deposit, £12k yearly PCP payments. So £44k over 3 years.
What was the GMFV?
Current: Macan Turbo 2021 http://www.porsche-code.com/PM513BZ5
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Deleted User 4325

Post by Deleted User 4325 »

Just been told October build, November delivery.
macman_
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Post by macman_ »

So I’m thinking of ordering the Macan GTS. Spoke to the OPC in Cardiff and they say the lead time is 2nd quarter of 2022!! :o

I see other people are getting much earlier build dates. Should I go somewhere else and does anyone know where I might get the quickest build slot?

Thanks
ianst
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Post by ianst »

macman_ wrote: Tue Jul 27, 2021 8:14 pm So I’m thinking of ordering the Macan GTS. Spoke to the OPC in Cardiff and they say the lead time is 2nd quarter of 2022!! :o

I see other people are getting much earlier build dates. Should I go somewhere else and does anyone know where I might get the quickest build slot?

Thanks
Other people put their deposits down pre launch. But yes ring around as different OPCs will have longer or shorter queues.
MY22 GTS awaiting parts :roll: http://www.porsche-code.com/PN7IVI77
69 Sapphire S: (sold)
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