Current market
Discussion
It is a thread about the current market?
I would imagine the majority of Porsche owners are pretty much regular owners, they buy a Porsche because they love them, even if it is a stretch.
I think most are just wanting to know when they can get back on the hunt for a car again, right now, unless you are a cash buyer they have become ridiculously expensive.
My 992 Carrera was coming in at £880 a month with £13k down over 48 months back in 2020.
That same car is now £1600 a month over the same term with the same deposit.
So you can't get upset people are discussing when things might start to calm down a bit. I get it might sound a bit doom and gloom, but understandable, as the prices are just pushing so many out of the game.
I would imagine the majority of Porsche owners are pretty much regular owners, they buy a Porsche because they love them, even if it is a stretch.
I think most are just wanting to know when they can get back on the hunt for a car again, right now, unless you are a cash buyer they have become ridiculously expensive.
My 992 Carrera was coming in at £880 a month with £13k down over 48 months back in 2020.
That same car is now £1600 a month over the same term with the same deposit.
So you can't get upset people are discussing when things might start to calm down a bit. I get it might sound a bit doom and gloom, but understandable, as the prices are just pushing so many out of the game.
Edited by Ed.Neumann on Saturday 30th September 14:01
Ed.Neumann said:
It is a thread about the current market?
I would imagine the majority of Porsche owners are pretty much regular owners, they buy a Porsche because they love them, even if it is a stretch.
I think most are just wanting to know when they can get back on the hunt for a car again, right now, unless you are a cash buyer they have become ridiculously expensive.
My 992 Carrera was coming in at £880 a month with £13k down over 48 months back in 2020.
That same car is now £1600 a month over the same term with the same deposit.
So you can't get upset people are discussing when things might start to calm down a bit. I get it might sound a bit doom and gloom, but understandable, as the prices are just pushing so many out of the game.
This pcp example of before and now current landscape is exactly the reason the higher end market has hit a brick wall. Even if people are wealthy enough to pay double each month than what they did two years ago, most won’t out of principle and instead will hold fire until the rates are more sensible again. Or at least until there is serious price correction in the market that would tempt them to pay 11%+ interest.I would imagine the majority of Porsche owners are pretty much regular owners, they buy a Porsche because they love them, even if it is a stretch.
I think most are just wanting to know when they can get back on the hunt for a car again, right now, unless you are a cash buyer they have become ridiculously expensive.
My 992 Carrera was coming in at £880 a month with £13k down over 48 months back in 2020.
That same car is now £1600 a month over the same term with the same deposit.
So you can't get upset people are discussing when things might start to calm down a bit. I get it might sound a bit doom and gloom, but understandable, as the prices are just pushing so many out of the game.
Edited by Ed.Neumann on Saturday 30th September 14:01
Ed.Neumann said:
It is a thread about the current market?
I would imagine the majority of Porsche owners are pretty much regular owners, they buy a Porsche because they love them, even if it is a stretch.
I think most are just wanting to know when they can get back on the hunt for a car again, right now, unless you are a cash buyer they have become ridiculously expensive.
My 992 Carrera was coming in at £880 a month with £13k down over 48 months back in 2020.
That same car is now £1600 a month over the same term with the same deposit.
So you can't get upset people are discussing when things might start to calm down a bit. I get it might sound a bit doom and gloom, but understandable, as the prices are just pushing so many out of the game.
are the new payments based on the price you paid for the car or the new rrp? also what the difference in ballon payment for both?I would imagine the majority of Porsche owners are pretty much regular owners, they buy a Porsche because they love them, even if it is a stretch.
I think most are just wanting to know when they can get back on the hunt for a car again, right now, unless you are a cash buyer they have become ridiculously expensive.
My 992 Carrera was coming in at £880 a month with £13k down over 48 months back in 2020.
That same car is now £1600 a month over the same term with the same deposit.
So you can't get upset people are discussing when things might start to calm down a bit. I get it might sound a bit doom and gloom, but understandable, as the prices are just pushing so many out of the game.
Edited by Ed.Neumann on Saturday 30th September 14:01
The car back in 2020 was £93,000.
It was £13,000 down, and then 48 x £882 with an 5.9% apr at the time.
The balloon was £53600.
Now that same spec. is £103,300, and actually less specced than previously.
I don't remember the figures exactly as I didn't ask for a copy.
But it was £13k in and then just under £1600 a month at around 12% apr.
Ballon was actually £2k less than when the car was £10k cheaper too.
It all adds up.
It was £13,000 down, and then 48 x £882 with an 5.9% apr at the time.
The balloon was £53600.
Now that same spec. is £103,300, and actually less specced than previously.
I don't remember the figures exactly as I didn't ask for a copy.
But it was £13k in and then just under £1600 a month at around 12% apr.
Ballon was actually £2k less than when the car was £10k cheaper too.
It all adds up.
Ed.Neumann said:
The car back in 2020 was £93,000.
It was £13,000 down, and then 48 x £882 with an 5.9% apr at the time.
The balloon was £53600.
Now that same spec. is £103,300, and actually less specced than previously.
I don't remember the figures exactly as I didn't ask for a copy.
But it was £13k in and then just under £1600 a month at around 12% apr.
Ballon was actually £2k less than when the car was £10k cheaper too.
It all adds up.
Perfect example why stock is building up quickly on the forecourt’s and price seem to be slowly coming down. It was £13,000 down, and then 48 x £882 with an 5.9% apr at the time.
The balloon was £53600.
Now that same spec. is £103,300, and actually less specced than previously.
I don't remember the figures exactly as I didn't ask for a copy.
But it was £13k in and then just under £1600 a month at around 12% apr.
Ballon was actually £2k less than when the car was £10k cheaper too.
It all adds up.
12% Apr is a killer mind even if a car is discounted considerably!
Sukh13 said:
There are two 23 plate 992 Turbo S with less 100 on both . One for £165995 and I think the other is £168000. Sukh13 said:
IbanezDan said:
Whilst all of you are worrying about the number of digits in your bank (let’s not forget that interest rates are high so every week you wait what you have in the bank is really worth less too)… I’m out enjoying.
Great contribution to a thread on market conditions...Chipper said:
Sukh13 said:
There are two 23 plate 992 Turbo S with less 100 on both . One for £165995 and I think the other is £168000. 
Wouldn't want to be in a nearly new porsche right now with all this stock building up and cancellations increasing.
Porsche will have to start discounting and/or heavily incentivising sales to move unsold stock on which will have knock on effect of hitting residuals hard.
Anyone who has paid list price in last 18 months are going to take a big bath if they have to sell.
Worrying times
Porsche will have to start discounting and/or heavily incentivising sales to move unsold stock on which will have knock on effect of hitting residuals hard.
Anyone who has paid list price in last 18 months are going to take a big bath if they have to sell.
Worrying times
IbanezDan said:
Whilst all of you are worrying about the number of digits in your bank (let’s not forget that interest rates are high so every week you wait what you have in the bank is really worth less too)… I’m out enjoying. If you want one, and you find a good one, don’t look back, just have fun. We are only here for a short time. And if you can’t afford to lose on a car as it’ll put you in financial difficulty, you should probably consider not venturing into sports car ownership until you’re in a better position.
I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
Here here, my exact mantra.I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
Nuttbelle said:
Wouldn't want to be in a nearly new porsche right now with all this stock building up and cancellations increasing.
Porsche will have to start discounting and/or heavily incentivising sales to move unsold stock on which will have knock on effect of hitting residuals hard.
Anyone who has paid list price in last 18 months are going to take a big bath if they have to sell.
Worrying times
list is still bareable. think of all those poors sods who paid way over list for standard cars when been told they wouldnt see a new car available for 12-24 months Porsche will have to start discounting and/or heavily incentivising sales to move unsold stock on which will have knock on effect of hitting residuals hard.
Anyone who has paid list price in last 18 months are going to take a big bath if they have to sell.
Worrying times
IbanezDan said:
Whilst all of you are worrying about the number of digits in your bank (let’s not forget that interest rates are high so every week you wait what you have in the bank is really worth less too)… I’m out enjoying. If you want one, and you find a good one, don’t look back, just have fun. We are only here for a short time. And if you can’t afford to lose on a car as it’ll put you in financial difficulty, you should probably consider not venturing into sports car ownership until you’re in a better position.
I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
I agree. I bought my 991 a few months ago and am out enjoying it every day. This forum is a bit of an echo chamber for people who won't pull the trigger. I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
Most of us who did pull the trigger are out enjoying our toys, not posting on forums.
gerlewis said:
IbanezDan said:
Whilst all of you are worrying about the number of digits in your bank (let’s not forget that interest rates are high so every week you wait what you have in the bank is really worth less too)… I’m out enjoying. If you want one, and you find a good one, don’t look back, just have fun. We are only here for a short time. And if you can’t afford to lose on a car as it’ll put you in financial difficulty, you should probably consider not venturing into sports car ownership until you’re in a better position.
I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
I agree. I bought my 991 a few months ago and am out enjoying it every day. This forum is a bit of an echo chamber for people who won't pull the trigger. I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
Most of us who did pull the trigger are out enjoying our toys, not posting on forums.
so why have you posted on this thread 
Sidsw said:
gerlewis said:
IbanezDan said:
Whilst all of you are worrying about the number of digits in your bank (let’s not forget that interest rates are high so every week you wait what you have in the bank is really worth less too)… I’m out enjoying. If you want one, and you find a good one, don’t look back, just have fun. We are only here for a short time. And if you can’t afford to lose on a car as it’ll put you in financial difficulty, you should probably consider not venturing into sports car ownership until you’re in a better position.
I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
I agree. I bought my 991 a few months ago and am out enjoying it every day. This forum is a bit of an echo chamber for people who won't pull the trigger. I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
Most of us who did pull the trigger are out enjoying our toys, not posting on forums.
so why have you posted on this thread Nuttbelle said:
Sidsw said:
gerlewis said:
IbanezDan said:
Whilst all of you are worrying about the number of digits in your bank (let’s not forget that interest rates are high so every week you wait what you have in the bank is really worth less too)… I’m out enjoying. If you want one, and you find a good one, don’t look back, just have fun. We are only here for a short time. And if you can’t afford to lose on a car as it’ll put you in financial difficulty, you should probably consider not venturing into sports car ownership until you’re in a better position.
I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
I agree. I bought my 991 a few months ago and am out enjoying it every day. This forum is a bit of an echo chamber for people who won't pull the trigger. I understand nobody wants to loose their shirt on something but you can go into a new car show room and buy a brand new Audi and loose 20k soon as you drive it out the showroom. Let’s find something more interesting to talk about than the countless threads on pistonheads of car depreciation… zzz
Most of us who did pull the trigger are out enjoying our toys, not posting on forums.
so why have you posted on this thread Gassing Station | 911/Carrera GT | Top of Page | What's New | My Stuff