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Re: Residual Values 2017

Posted: Sun Dec 03, 2017 4:51 pm
by steve w
P/X my 12 month old £61k SD for my GTS 14 month ago and lost approximately 12.5% on the SD,Diesel Macan seem to be taking unfair hit on depreciation at the moment ,think OPCs will take advantage of this when offering P/X values,IMO better keeping the SD there isn’t much out there better than a Macan unless you’ve got a bigger bank balance to fund a change.
SteveW

Re: Residual Values 2017

Posted: Sat Dec 09, 2017 1:35 pm
by nsm3
I've been looking at backing out of my 6 week old, 1000 mile SD, as I bought it in a rush as an 'in-stock' car and there a a few things I wish it had, such as PSE, interior light pack, auto dimming mirrors (oh and a petrol engine and a GTS badge!). This is made doubly irritating by the fact that there was a fully loaded GTS at 8k miles, for similar money, which I only spotted after I had collected my car.

The calculator from earlier in this thread, puts my car at a £23k loss, but a more detailed analysis of the OPC approved used site, indicates a loss of £12k would be more realistic, given their £8k profit margin plus the finance charge savings etc?

The calculator is probably more accurate once cars hit the 3 year old mark, to be fair?

Re: Residual Values 2017

Posted: Sat Dec 09, 2017 5:10 pm
by Spud
Not sure how much these residuals work, a few months ago I was looking at a GTS and I was offered a price for my SD which meant taking a £13k hit, just did a price check with WBAC and the previous mentioned site and being offered a price with a £25k hit, that’s on a 15 month old SD, Reckon I will keep it for 3-5 years and worry about it later, Steve W is spot on when he says there’s nothing to beat the SD in real terms and personally I don’t think it’s worth writing off that amount of money to trade up to a GTS at this moment in time, I am concerned over the SD residuals going forward, would be interesting if anyone has been offered any prices for a Petrol trade.

Re: Residual Values 2017

Posted: Sat Dec 09, 2017 5:25 pm
by Wing Commander
Hi Spud. Mine's a petrol, albeit a Panamera 4, rather than a Macan. :oops:

It cost me £83k in March including about £13k in options. I briefly toyed with the idea of swapping to a Panamera Sport Turismo. My OPC said the trade in offer would be £70k in December on a 12k mileage. So a hit of £13k. Needless to say, I declined their kind offer of losing £13k in 9 months! :lol:

Hence my decision now to (try to) hang on to my Panamera 4 until I can get into a Mission E. :geek:

Re: Residual Values 2017

Posted: Sat Dec 09, 2017 5:33 pm
by Spud
Cheers Wingco, I reckon to lose VAT minimum so the £13k (20%) hit was realistic from the OPC but a 39% loss in 12 months if WBAC is to be believed is a no starter

Re: Residual Values 2017

Posted: Sat Dec 09, 2017 5:39 pm
by Wing Commander
I agree, Spud. Seems like WBAC is not suited to most of us on here. I think that their bread and butter is more everyday motors, and not the cars from our upmarket marque of choice, especially if loaded with lots of tasty options! ;)

Re: Residual Values 2017

Posted: Sat Dec 09, 2017 6:04 pm
by Wing Commander
By the way, Spud. I just tried Autotrader, as it popped up on my FB feed.

They quoted £70,620 for a private sale for mine on 12k miles. :geek: and that was without my entering my £13k in options.

I'm sure that the OPC would start by asking nearer to £80k if they were selling mine, maybe £77k to £78k to start with... 💰

Re: Residual Values 2017

Posted: Sun Dec 10, 2017 10:35 am
by MacanArif
Having driven 4 Macans and 2 911s for about 5k depreciation - I think the days of buying a Macan and running it with low depreciation are well and truly over. It is quite easy to get a small discount now on a new Macan.

I think the new Cayenne will probably hold better, at least for the first year.

Over the last two years the Sports Cars - 911s, boxsters, caymans have had strengthening residuals, simply due to a supply/demand issues. Fewer 911s coming out of the factory. The particularly strong models, not surprisingly, are the 991/981 GTS models.

Re: Residual Values 2017

Posted: Sun Dec 10, 2017 10:48 am
by Wing Commander
Not to mention the GT cars (GT3s and GT4s).

Considered a GT4, Arif...? :)

Re: Residual Values 2017

Posted: Mon Dec 11, 2017 7:47 am
by MacanArif
Wing Commander wrote: Sun Dec 10, 2017 10:48 am Not to mention the GT cars (GT3s and GT4s).

Considered a GT4, Arif...? :)
Yes of course - those I categorise as appreciators not depreciators. Would take any GT model Simon- but just not willing to pay over inflated second hand prices.