Lots of brand new Porsches immediately available

Lots of brand new Porsches immediately available

Author
Discussion

Chipper

1,351 posts

219 months

Tuesday 21st May
quotequote all
Sidsw said:
i'd say so. site went from showing total number of cars available, both new and used to just saying 100+ available.

then from showing number of new cars available for each model, went down to saying 100+ to 50+, to 25+ and now cars have disappeared completely of their site whilst still available, as this thread has progressed. that certainly is not coincidence.

they are still available as i was in opc on friday and whilst 2 cars are in showroom and shown on autotrader they are no longer on approved site.

taycans still getting hammered. apparently opc sold a new one last week at £30k+ loss to to them, just to get rid of it!
You probably know that WBAC has significantly increased their offers on all 992 models over the past few months, and Porsche dealers are offering even more.

While high interest rates are making it difficult to sell high-end vehicles to buyers who need financing, it's not all doom and gloom. If it were, WBAC wouldn't be offering strong prices to feed auctions and dealers wouldn’t be buying and they certainly are.

There's a beautiful manual 992T in silver listed on the Porsche website for £93,000. Typically, you'd be recommending negotiating at least a £5,000 discount +, but WBAC is offering right now for that car £83,000. I can vouch for their reliability in buying as I've used their services several times.

Personally I would get out there and buy the vehicle you want as they are moving the stock on.


Sukh13

777 posts

187 months

Tuesday 21st May
quotequote all
Moving so much stock that they need to hide the numbers, clearly...

Chipper

1,351 posts

219 months

Tuesday 21st May
quotequote all
Sukh13 said:
Moving so much stock that they need to hide the numbers, clearly...
So why are they still buying stock at good prices and why is WBAC increasing Porsche prices ?

Sukh13

777 posts

187 months

Tuesday 21st May
quotequote all
I don't know, this is a thread about the number of new cars available.

Second hand is a different market...

fridaypassion

8,735 posts

230 months

Tuesday 21st May
quotequote all
Jct 600 are actively looking for taycans in the trade. They would only be doing this if they are selling them.

Chipper

1,351 posts

219 months

Tuesday 21st May
quotequote all
Sukh13 said:
I don't know, this is a thread about the number of new cars available.

Second hand is a different market...
Oh, absolutely not. It’s just a small group that endlessly drones on about prices, stock levels being through the roof, and every price being outrageous.

So, while the last few pages are filled with claims of hidden stock, let me drop some actual facts about rising prices. Believe me, they wouldn’t be hiking prices if they were struggling to move units be it new or used.

Youforreal.

444 posts

6 months

Tuesday 21st May
quotequote all
Chipper said:
Sukh13 said:
I don't know, this is a thread about the number of new cars available.

Second hand is a different market...
Oh, absolutely not. It’s just a small group that endlessly drones on about prices, stock levels being through the roof, and every price being outrageous.

So, while the last few pages are filled with claims of hidden stock, let me drop some actual facts about rising prices. Believe me, they wouldn’t be hiking prices if they were struggling to move units be it new or used.
Hi you, quit derailing the thread!



Edited by Youforreal. on Tuesday 21st May 22:19

911hope

2,772 posts

28 months

Tuesday 21st May
quotequote all
guyvert1 said:
The trouble is these days, people seem to be happier bhing about god knows what rather than what its like actually owning/driving/enjoying all things Porsche.
I believe the title of the thread is about availability of cars at Porsche dealerships. Nothing to do with the ownership experience.

Chipper

1,351 posts

219 months

Wednesday 22nd May
quotequote all
911hope said:
I believe the title of the thread is about availability of cars at Porsche dealerships. Nothing to do with the ownership experience.
The title should be changed to



The Elite Club of Stock Talkers: We Won’t Stop Until Prices Pop

290 pages of the same few people endlessly droning on about how "they've been to a dealership and never seen so many cars," "their buddy the salesman told them…", and "you're paying too much." I'd get it if these folks posted about snagging a great deal and showed off enjoying their new ride or discussed getting a cracking deal on a new vehicle.

What are the Elite Club trying to achieve, exactly? Has any of them actually posted what they want to buy? I mean, from what I can see, they've spent the last year wandering into dealerships just to kick the tires. I'm surprised they haven't been charged with assault and battery on a vehicle, or hit with a restraining order for loitering around laybys, counting the cars at the dealers!



Edited by Chipper on Wednesday 22 May 08:07

Sukh13

777 posts

187 months

Wednesday 22nd May
quotequote all
Lol calm down mate, might be good to take your own advice and get out and drive your car.

jhowlett

50 posts

114 months

Wednesday 22nd May
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counted 14 991's lined up at my local opc yesterday

Chemical Ali

922 posts

219 months

Wednesday 22nd May
quotequote all
Chipper said:
911hope said:
I believe the title of the thread is about availability of cars at Porsche dealerships. Nothing to do with the ownership experience.
The title should be changed to



The Elite Club of Stock Talkers: We Won’t Stop Until Prices Pop

290 pages of the same few people endlessly droning on about how "they've been to a dealership and never seen so many cars," "their buddy the salesman told them…", and "you're paying too much." I'd get it if these folks posted about snagging a great deal and showed off enjoying their new ride or discussed getting a cracking deal on a new vehicle.

What are the Elite Club trying to achieve, exactly? Has any of them actually posted what they want to buy? I mean, from what I can see, they've spent the last year wandering into dealerships just to kick the tires. I'm surprised they haven't been charged with assault and battery on a vehicle, or hit with a restraining order for loitering around laybys, counting the cars at the dealers!



Edited by Chipper on Wednesday 22 May 08:07
The rant of a man who's wife said no.

Mist of us own porsches. Most of us want to own more and different porsches in the future. Most of us use finance and have limited funds. Most of us are concerned about the cost of those loans and the future values of our cars. These concerns dictate our future buying patterns. This forum is a chance to share anecdotes and facts to help us understand our choices in light of an obviously changing market.

Why is this so hard to understand? What's your point?

Take the vaccine, wear the face mask and buy the car you are told!!

ChrisW.

6,377 posts

257 months

Wednesday 22nd May
quotequote all
Chipper said:
Sukh13 said:
I don't know, this is a thread about the number of new cars available.

Second hand is a different market...
Oh, absolutely not. It’s just a small group that endlessly drones on about prices, stock levels being through the roof, and every price being outrageous.

So, while the last few pages are filled with claims of hidden stock, let me drop some actual facts about rising prices. Believe me, they wouldn’t be hiking prices if they were struggling to move units be it new or used.
Not true ... if you aren't selling much increasing prices makes perfect sense. More profit per car for fewer sales, accepting that only those who can buy will buy ?

The sales figures will speak for themselves and the static stock will remain ... increasing price offers might be more of a guide but why would they ? What evidence is there for this ? How many are being transacted ? Might this be relatively cheap advertising / brand management ?

franki68

10,486 posts

223 months

Wednesday 22nd May
quotequote all
Chipper said:
The title should be changed to



The Elite Club of Stock Talkers: We Won’t Stop Until Prices Pop

290 pages of the same few people endlessly droning on about how "they've been to a dealership and never seen so many cars," "their buddy the salesman told them…", and "you're paying too much." I'd get it if these folks posted about snagging a great deal and showed off enjoying their new ride or discussed getting a cracking deal on a new vehicle.

What are the Elite Club trying to achieve, exactly? Has any of them actually posted what they want to buy? I mean, from what I can see, they've spent the last year wandering into dealerships just to kick the tires. I'm surprised they haven't been charged with assault and battery on a vehicle, or hit with a restraining order for loitering around laybys, counting the cars at the dealers!



Edited by Chipper on Wednesday 22 May 08:07
I think there’s useful information to know if you are considering dumping £100k + on a car and one of your considrrstions is the cost of depreciation or the possibility of discounts .
I was going to buy a new turbo s but a phone call and visit to dealer scared me off and I’m so glad I did having seen the values plummet since then.

Chipper

1,351 posts

219 months

Wednesday 22nd May
quotequote all
franki68 said:
I think there’s useful information to know if you are considering dumping £100k + on a car and one of your considrrstions is the cost of depreciation or the possibility of discounts .
I was going to buy a new turbo s but a phone call and visit to dealer scared me off and I’m so glad I did having seen the values plummet since then.
If you're dropping £175,000+ on a Turbo S, you're going to take a serious financial hit. However, around October, there were some great deals on new Turbo S models for about £165,000. I get it—this thread can be helpful. I used it and posted my T price when I bought, which was about £15,000 below the list price at the time.

But it's the few who keep rambling on with no intention of buying that get to me. I suspect they can't afford it because the financing is too high but are hoping that prices drop.

I've just posted that WBAC seems to have increased prices by £5,000. Plus, my dealer is keen to buy stock at better prices than WBAC. So, it can't be as bad as the regular contributors say. I mean, why would a dealer with supposedly too much stock be actively trying to buy more at higher prices than WBAC?

Wheelspinning

1,262 posts

32 months

Wednesday 22nd May
quotequote all
Chipper said:
Sidsw said:
i'd say so. site went from showing total number of cars available, both new and used to just saying 100+ available.

then from showing number of new cars available for each model, went down to saying 100+ to 50+, to 25+ and now cars have disappeared completely of their site whilst still available, as this thread has progressed. that certainly is not coincidence.

they are still available as i was in opc on friday and whilst 2 cars are in showroom and shown on autotrader they are no longer on approved site.

taycans still getting hammered. apparently opc sold a new one last week at £30k+ loss to to them, just to get rid of it!
You probably know that WBAC has significantly increased their offers on all 992 models over the past few months, and Porsche dealers are offering even more.

While high interest rates are making it difficult to sell high-end vehicles to buyers who need financing, it's not all doom and gloom. If it were, WBAC wouldn't be offering strong prices to feed auctions and dealers wouldn’t be buying and they certainly are.

There's a beautiful manual 992T in silver listed on the Porsche website for £93,000. Typically, you'd be recommending negotiating at least a £5,000 discount +, but WBAC is offering right now for that car £83,000. I can vouch for their reliability in buying as I've used their services several times.

Personally I would get out there and buy the vehicle you want as they are moving the stock on.

Not sure where you get that.

I had an updated WBAC for my crayon '23 plate 1900 miles GTS cab yesterday and it was £98k.

Fortunately I sold it a few months ago.

The 992 market is fecked.

The T that I rejected as it somehow came without the areokit back in September is still for sale at the dealer now as a 'demo'; its got 2k miles and £26k less than my spec price.

Whoever screwed my order up for that is due a large drink on me.

EvoSid

1,108 posts

65 months

Wednesday 22nd May
quotequote all
Any discounts on Macan S or Cayene E Hybrids . Not looking for anything fancu just a run around for the wife

Sukh13

777 posts

187 months

Wednesday 22nd May
quotequote all
Chipper said:
But it's the few who keep rambling on with no intention of buying that get to me.
Don't let it get to you, it's just discussion on a forum. You could not look at the thread if it's causing you a problem smile

maura

187 posts

25 months

Wednesday 22nd May
quotequote all
If they are not happy with 992.1 prices wait to see their reaction in 6 more days when 992.2 is launched!

Chipper

1,351 posts

219 months

Wednesday 22nd May
quotequote all
Wheelspinning said:
Not sure where you get that.

I had an updated WBAC for my crayon '23 plate 1900 miles GTS cab yesterday and it was £98k.

Fortunately I sold it a few months ago.

The 992 market is fecked.

The T that I rejected as it somehow came without the areokit back in September is still for sale at the dealer now as a 'demo'; its got 2k miles and £26k less than my spec price.

Whoever screwed my order up for that is due a large drink on me.
You can find a 23 GTS Cabriolet with low mileage from several dealers, priced between £115,000 and £125,000. If you bought one new, it's wise not to sell within the first year, as the resale value would drop to around £98,000. Given that you can purchase one from a main dealer starting at £115,000, this depreciation is expected, especially with higher interest rates. It seems the era of buying expensive sports cars on credit is waning; now, only those who can truly afford them are making such purchases, rather than those stretched thin by financing.

If I recall correctly, you chose a yellow model T (which I personally love) with non-T wheels and a PDK transmission and an aero kit ? . This specific configuration can be challenging to sell. Realistically, selling a mass-produced vehicle costing over £120,000 within the first year is tough. but anything more than £110,000 for a T is ambitious if you want to get out. I'm not criticizing your choice—if that's what you want and you can afford it, enjoy it in good health. However, it's not fair to claim the 992 market is problematic just because your option selection on the T increased the price by over £10,000 of where it needs to be, leading to an immediate loss due to the options. Most mass-produced vehicles in this price range lose a minimum of £20,000 in standard depreciation in their first year, so you're looking at a minimum drop of £30,000 if you sell back to the dealer. Many people who bought 911s when interest rates were low are now unable to absorb this kind of loss.

However, there is a silver lining. There are some excellent bargains available, and cars are selling, as evidenced by firm bids from dealers offering prices above WBAC levels. The real issue is that many people are struggling to adjust to higher interest rates and the new financial landscape.