Second hand prices are falling

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GTB
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Joined: Thu Aug 26, 2021 3:49 pm
Location: Scotland

Post by GTB »

I just checked the usual online sites and my 4 year old E class has 41,00 Mls on it and offerred £23K today, last month with 1000 less miles on it was £23,395 and best price from the same website was £24,720 back start of Oct thats on WBAC. Motorway on average was always £2.5K higher than WBAC and still the same this evening.

Im still way in positive territory after paying off my PCP in the summer and more than covers my deposit outstanding for my new GTS, that said who knows how long that will be or how many more Thousands of miles I will be putting on the Merc! Eeek........

Suppose some of these declining second hand values will depend on model being traded in perhaps.

GTB
Current Macan GTS Collected July 2022 https://www.porsche.com/microsite/porsc ... =/PNM4GBM0

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andreas
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Post by andreas »

Neil1911 wrote: Tue Dec 07, 2021 6:28 pm Can believe that, they do seem two a penny, nearly as common as Tesla's.
And you'll soon see even more Teslas, they're set to outsell virtually every other make. Meanwhile, a Porsche whistleblower has alleged major problems with Taycan charging systems.
Macan S collected 4 Dec 2017 - Jet Black, 20" SportDesign, Agate/Pebble, 18-way, Pano roof, Bi-Xenons with PDLS, Surround View, PASM, PS+, spare wheel, towbar.
2021 Audi TT Roadster Black Edition (hers)
2011 Freelander 2 (workhorse)
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Pivot
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Post by Pivot »

Does winter have anything to do with lower demand and lower prices?
If it does, it might improve in spring again.
Current: 911 Carrera T - PPM9RU51
On order: 911 Targa 4S - PPDV8NY4
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Wing Commander
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Location: Wiltshire

Post by Wing Commander »

I would have thought that autumn/winter is good for SUV sales, with spring/summer seeing better prices achieved for sports cars and convertibles. 🤔
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
neilj007
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Post by neilj007 »

andreas wrote: Tue Dec 07, 2021 8:30 pm
Neil1911 wrote: Tue Dec 07, 2021 6:28 pm Can believe that, they do seem two a penny, nearly as common as Tesla's.
And you'll soon see even more Teslas, they're set to outsell virtually every other make. Meanwhile, a Porsche whistleblower has alleged major problems with Taycan charging systems.
Yet, if you read the Taycan forum, where any issue WILL be aired , there's no cases of problems...his report has been torn to shreds
Macan
Taycan Turbo
neilj007
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Post by neilj007 »

...more of a worry is my little Zoe that's just had it's NCAP rating reduced to zero!!!
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Taycan Turbo
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goron59
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Post by goron59 »

Just sold my Macan. 4.5 years old. High spec (20k options) and low mileage, and got ~52% of what I paid for it. And about 4k above the average offers I was getting from WBAC, CarWow, etc.
I sold it to my local OPC.

But I agree that 2nd hand prices have been good recently, but probably. not for very much longer.
Used to have 2016 Macan Turbo PHCKCL70
Previously a 2014 Macan Turbo.
Now a 2021 Tesla Model 3 LR
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Wing Commander
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Location: Wiltshire

Post by Wing Commander »

goron59 wrote: Thu Dec 09, 2021 8:22 am Just sold my Macan. 4.5 years old. High spec (20k options) and low mileage, and got ~52% of what I paid for it. And about 4k above the average offers I was getting from WBAC, CarWow, etc.
I sold it to my local OPC.

But I agree that 2nd hand prices have been good recently, but probably. not for very much longer.

Good to hear from you, goron! Hope you’re well. :)

Getting another Porsche?
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
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goron59
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Post by goron59 »

Wing Commander wrote: Thu Dec 09, 2021 8:34 am
goron59 wrote: Thu Dec 09, 2021 8:22 am Just sold my Macan. 4.5 years old. High spec (20k options) and low mileage, and got ~52% of what I paid for it. And about 4k above the average offers I was getting from WBAC, CarWow, etc.
I sold it to my local OPC.

But I agree that 2nd hand prices have been good recently, but probably. not for very much longer.

Good to hear from you, goron! Hope you’re well. :)

Getting another Porsche?
Hi WingCo! good thanks, hope all good with you too.

I'm almost ashamed to say I've gone Tesla (Model 3 LR) :o

Macan was best car I had to date though. Hard act to follow.
Used to have 2016 Macan Turbo PHCKCL70
Previously a 2014 Macan Turbo.
Now a 2021 Tesla Model 3 LR
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Wing Commander
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Location: Wiltshire

Post by Wing Commander »

goron59 wrote: Thu Dec 09, 2021 3:37 pm
Wing Commander wrote: Thu Dec 09, 2021 8:34 am
goron59 wrote: Thu Dec 09, 2021 8:22 am Just sold my Macan. 4.5 years old. High spec (20k options) and low mileage, and got ~52% of what I paid for it. And about 4k above the average offers I was getting from WBAC, CarWow, etc.
I sold it to my local OPC.

But I agree that 2nd hand prices have been good recently, but probably. not for very much longer.

Good to hear from you, goron! Hope you’re well. :)

Getting another Porsche?
Hi WingCo! good thanks, hope all good with you too.

I'm almost ashamed to say I've gone Tesla (Model 3 LR) :o

Macan was best car I had to date though. Hard act to follow.
Am good too, thanks.

And I’ve now kept a P-car for over 3 years and 8 months! :o :lol:

Hope the Tesla works out well for you.

Reviews look good. https://www.autoexpress.co.uk/tesla/mod ... 021-review

I recall you recounting weekends of enjoying your Macan Turbo on the fine driving roads of Wales! :)

Cheers!
Simon

Sold: 2016 Rhodium Silver Macan 2.0
Sold: 2013 Platinum Silver 911 (991.1) C2
Sold: 2017 Carmine Red Panamera 4
Mine: 991.2 Carrera T Racing Yellow 06/04/2018
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