My Macan SD ... Nearly

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SAC1
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Location: near BATH

Re: My Macan SD ... Nearly

Post by SAC1 » Sat Jun 27, 2020 5:44 pm

In the past with Mazdas I took the PCP route because of their deals and discounts. 25 to 15 years ago this left equity in those cars at the end of the contract period. This could be used as part of the deposit for the next new car. Moving to Mercedes and their deals this never left any equity, but was still the cheapest way to run a new Merc. At the end I just handed the cars back.

PaulB - With Porsche their finance deals are expensive, compounded by no discounts / incentives. Residual values are excellent though. I have twice now bought outright for cash. So you may want to explore other finance options outside of Porsche. There have been topics on this Forum in the past covering this option if you do a search.
Steve

2020 GTS in Sapphire Blue
(sold) 2017 SD in Rhodium Silver

MikeM
Posts: 1024
Joined: Tue Nov 17, 2015 11:13 pm

Re: My Macan SD ... Nearly

Post by MikeM » Sat Jun 27, 2020 5:45 pm

PaulB wrote:
Sat Jun 27, 2020 5:15 pm
Thanks guys. The email correspondence with the business manager mentions "optional final payment" a few times on recent emails but i have asked for confirmation of such to be included in my paperwork when signing on Saturday. Although, i suspect it will already be there.
👍
2008. Boxster S Sport: basalt black, black int (sold)
2012. 991 S: aqua blue, platinum int (sold)
2016. Macan Turbo: (sold) http://www.porsche-code.com/PHKPBML4
2020. Macan GTS on order https://www.porsche-code.com/PMS9FT92

PaulB
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Joined: Thu Apr 30, 2020 7:02 pm

Re: My Macan SD ... Nearly

Post by PaulB » Mon Jun 29, 2020 4:28 pm

The final payment is indeed optional. The only charges i would pay for would be in relation to excess mileage or damage deemed to be outwith wear and tear.

PaulB
Posts: 74
Joined: Thu Apr 30, 2020 7:02 pm

Re: My Macan SD ... Nearly

Post by PaulB » Sun Jul 05, 2020 10:18 am

Unfortunately the dealership in Leicester and I decided to shake hands and cancel the deal on this car. I have been pretty desperate to get a second car now that we are back to work as a family so when we heard that after 4 weeks from a deposit being placed (travel restrictions in Scotland in that period) to then see the news announce a further 2 week restriction in Leicester, i decided i couldnt wait any longer.
Frustratingly, the dealership couldn't transfer to their partner branch in Glasgow and when i offered to pay for transportation, they couldn't allow that either. Hence my frustration grew.
The car went back up for sale and 10 hrs later, sold.
I must say i am absolutely gutted to say the least as i am beginning to realise very quickly that i have lost on a great example and a great deal.
I am now back to searching, almost on an hourly basis as these cars are not lasting much more than 24hrs on sale before being snapped up. Both Porsche Glasgow and Porsche Edinburgh have my details should a similar car come in to stock.
There is a reason for everything i suppose.

MikeM
Posts: 1024
Joined: Tue Nov 17, 2015 11:13 pm

Re: My Macan SD ... Nearly

Post by MikeM » Sun Jul 05, 2020 6:11 pm

PaulB wrote:
Sun Jul 05, 2020 10:18 am
Unfortunately the dealership in Leicester and I decided to shake hands and cancel. The car went back up for sale and 10 hrs later, sold. These cars are not lasting much more than 24hrs on sale before being snapped up.
Very frustrating for you Paul, your observations are spot on, it seems that for any decent OPC car they are moving them incredibly fast now in post lockdown. I personally have two examples with Macan’s. The first was a 6 month old model that was suitable to me, it came up on national and my local dealer site, called to confirm still for sale “yes” agreed to view the following day pm, which was their first official re-opening day. SE called me before attending as it had gone overnight! Still took a look and whilst there decided to put mine in and wait for a new one. A few days after handing over my car it came up on their site with no photos (stating, still awaiting) and was gone within 48 hours.

So, definitely keep tracking daily and be prepared to act quickly but don’t just rush to buy unless it’s absolutely the right spec/ price for you. This current level of activity for a number of reasons just has to be a pent up demand, there will be those due to the current position that are less fortunate and will have to say goodbye to their Macan. Good luck 👍
2008. Boxster S Sport: basalt black, black int (sold)
2012. 991 S: aqua blue, platinum int (sold)
2016. Macan Turbo: (sold) http://www.porsche-code.com/PHKPBML4
2020. Macan GTS on order https://www.porsche-code.com/PMS9FT92

PaulB
Posts: 74
Joined: Thu Apr 30, 2020 7:02 pm

Re: My Macan SD ... Nearly

Post by PaulB » Mon Jul 06, 2020 8:23 pm

Frustrating indeed.

Amazing how much other PCP options differ on a same value car at say £35k. Porsche Finance offer such a high residual / final payment that the monthly payments turn out to be extremely low.

Whereas, independent dealers offer PCP on the same terms, same APR but final payments are some £7k less meaning the monthly is more expensive.

The question is, pay low monthly and have nothing at the end and carry risk throughout the 48 months, OR pay more per month and build potentially some equity for 48 months time and give yourself some security about reaching half way around month 30-36!

Apart from all of that, trying to actually find a car is becoming the challenge. It seems i made a horrible decision on letting the car go as there is little out there that compares.

On-Track
Posts: 702
Joined: Sun May 03, 2015 12:59 pm
Location: Staffordshire

Re: My Macan SD ... Nearly

Post by On-Track » Tue Jul 07, 2020 10:06 am

PaulB wrote:
Mon Jul 06, 2020 8:23 pm
It seems i made a horrible decision on letting the car go as there is little out there that compares.
The old saying "act in haste, repent at leisure" is very true and I've had to live with the consequences many times :oops: .
Peter

On Order: GTS http://www.porsche-code.com/PMST9ZI9
Going- 2015 Sapphire Blue Diesel
Gone -2013 Cayenne Diesel

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nsm3
Posts: 410
Joined: Sat Dec 09, 2017 10:22 am
Location: Worcs

Re: My Macan SD ... Nearly

Post by nsm3 » Tue Jul 07, 2020 2:13 pm

My OPC emailed me the other day to ask if I would sell them my SD, as they had a buyer for a low mileage one? Seems that the March '18 jump off the Diesel bandwagon by Porsche was possibly premature, as they sold a shedload of the things for the first 4 years?
Current: Macan S Diesel
Previous: 981 Cayman S
Previous: 997.1 GT3
Previous: 997.1 C2S

PaulB
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Joined: Thu Apr 30, 2020 7:02 pm

Re: My Macan SD ... Nearly

Post by PaulB » Tue Jul 07, 2020 3:35 pm

It is becoming clearer by the day that 1 owner, low mileage, well spec'd Macan SDs are now extremely hard to find. I have since enquired about 2 that were due in from a part ex to find out the next morning they are sold. That's without even landing on a sales page.

bobajob
Posts: 25
Joined: Sun Jan 05, 2020 6:24 pm

Re: My Macan SD ... Nearly

Post by bobajob » Tue Jul 07, 2020 3:52 pm

I've seen the same. I bought an SD towards the end of last year and the started to get paranoid that I'd messed up by sinking a pile of cash into a diesel. I've been stalking the local OPCs and its become obvious that decent spec SDs don't hang around. Most are sold within a week or so.

What is fascinating is the infinite combination of options, no 2 Macans are the same!

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