991 discounts / incentives ?

[Manks]

Sierra Mike said:

If you've read the recent EVO, you may have read that there's a lack of the tell tale signs when you're close to the limit; I agree.

Which implies that you exceeded the limit of the car, can you talk us through that?

Did the car let go at speed without warning? What information were you expecting, what was absent and what was the end result? Also was this a PDCC car? and finally was it on road or track?

[s2000db]

Or you could buy a TurboS with a few thousand miles on it..
For similar money.

[franki68]

The evo review also pointed out the effect the spec has on handling and steering feel,and you have to bear in mind it contradicts every other road test interns of the opinion on its handling.
If drive a 911 at its limit on a public road ,you probably should be locked up anyway, Surely such stuff is only relevant to track,a car that pulls over 1g in the corners...how fast would you have to be travelling to get at its limits?

Anyway I think thisis irrelevant in terms of sales,it is purely price and the current economic climate that is dictating car sales,
All the other sportscars on sale in that 70-100k price racket have had big sales drops,I think you can get 20k off a new am v8 at the moment,from what I have been told.

[GuillaumeB]

PocoLoco said:

Speaking of which, what % depreciation is anyone being offered on the GFV?

Sorry this post appears to have been hijacked by discussions of steering and handling! The one figure I was quoted was 53% on a 95k car after 3 years, therefore £50,350 GFV. I notice that this is a bit better than the figure given on the online configurator.

[shoestring7]

SonicHedgeHog said:

to me the 911 has always been a £65k car (excluding turbocharged variants). How the hell did it become a £100k one?

Mainly because people in this country insisting on buying the 'S' and loading it with lots of expensive "must have" extras that depreciate like a stone and whose main function is to make Porsche GMBH billions.

SS7

[DT398]

£1 used to be 1.45 Euros, it's now 1.20 Euros. That's a big part of it. VAT used to be 17.5%, now its 20%, that's another part. There's 20% right there, so add that to your £65k and you have £78k as a starting point but they have still gone up a lot even compared with that.

[PocoLoco]

GuillaumeB said:

Sorry this post appears to have been hijacked by discussions of steering and handling! The one figure I was quoted was 53% on a 95k car after 3 years, therefore £50,350 GFV. I notice that this is a bit better than the figure given on the online configurator.

Thanks. Fairly poor eh!? Did they quote for 24 months?

[GuillaumeB]

PocoLoco said:

Thanks. Fairly poor eh!? Did they quote for 24 months?

Yeah not brilliant. Quite scary to think that almost £50k of value will disappear in 3 years. I didn't ask for 2 year figure but can easily do so.

I am also being offered a terrible price for my barely 10 month old GTS, so speaking of incentives they are actually incentivising me to stay put which seems a bit odd given the current trading conditions and doesn't make any business sense. I'd be really interested to hear if anyone has been offered a decent PX or if any discount has been offered...

[Sierra Mike]

Manks said:

Sierra Mike said:

If you've read the recent EVO, you may have read that there's a lack of the tell tale signs when you're close to the limit; I agree.

Which implies that you exceeded the limit of the car, can you talk us through that?

Did the car let go at speed without warning? What information were you expecting, what was absent and what was the end result? Also was this a PDCC car? and finally was it on road or track?

I agree in so far as there's less feedback. The only thing that happened when I drove the car wagged its tail across a roundabout. It broke loose very quickly but it very quickly came back in line as well. It was unexpected but there was no drama.

When I drive the GT3 down certain roads, the car is constantly feeding back which sometimes means that I drive more cautiously. In comparison, in the 991 I could probably take the same roads much faster with one hand on the wheel and stuffing a sandwich in my mouth with the other. The only thing is that I can't completely feel how the car is reacting to the road the way I do in a GT3 and that makes me feel considerably more confident that the car is well within its limits. I guess a comparison with a GT3 is probably unfair but I feel that the 991 flatters the driver. For some people, it's not only exactly what they want but exactly what they need. It's simply a matter of what you're looking for in a sports car.

I must say again though that the steering would NOT stop me from buying a 991S because, quite honestly, it's the sort of car that would make your grandmother feel like a 'driving god' and that's a feeling I think most of us rather enjoy.

I'd still like to know what incentives are available so, if anyone knows of any, I'd be grateful for a PM - many thanks!

Edited by Sierra Mike on Tuesday 13th March 01:41

[Manks]

Sierra Mike said:

Manks said:

Sierra Mike said:

If you've read the recent EVO, you may have read that there's a lack of the tell tale signs when you're close to the limit; I agree.

Which implies that you exceeded the limit of the car, can you talk us through that?

Did the car let go at speed without warning? What information were you expecting, what was absent and what was the end result? Also was this a PDCC car? and finally was it on road or track?

I agree in so far as there's less feedback. The only thing that happened when I drove the car wagged its tail across a roundabout. It broke loose very quickly but it very quickly came back in line as well. It was unexpected but there was no drama.

When I drive the GT3 down certain roads, the car is constantly feeding back which sometimes means that I drive more cautiously. In comparison, in the 991 I could probably take the same roads much faster with one hand on the wheel and stuffing a sandwich in my mouth with the other. The only thing is that I can't completely feel how the car is reacting to the road the way I do in a GT3 and that makes me feel considerably more confident that the car is well within its limits. I guess a comparison with a GT3 is probably unfair but I feel that the 991 flatters the driver. For some people, it's not only exactly what they want but exactly what they need. It's simply a matter of what you're looking for in a sports car.

I must say again though that the steering would NOT stop me from buying a 991S because, quite honestly, it's the sort of car that would make your grandmother feel like a 'driving god' and that's a feeling I think most of us rather enjoy.

I'd still like to know what incentives are available so, if anyone knows of any, I'd be grateful for a PM - many thanks!

Edited by Sierra Mike on Tuesday 13th March 01:41

The back end wagged its tail on a roundabout? Not what I envisaged when you mentioned being "close to the limit".

But you were asking about incentives. A car that makes you feel like a driving god; what bigger incentive do you require? Just think how that tricky left-hander into Tesco's car park will be improved by having PDCC.

In terms of discounts, you can certainly get a deal. But that does not necessarily mean a huge chunk off the configurator price. Nor would you want that, I imagine.

[franki68]

GuillaumeB said:

Yeah not brilliant. Quite scary to think that almost £50k of value will disappear in 3 years. I didn't ask for 2 year figure but can easily do so.

I am also being offered a terrible price for my barely 10 month old GTS, so speaking of incentives they are actually incentivising me to stay put which seems a bit odd given the current trading conditions and doesn't make any business sense. I'd be really interested to hear if anyone has been offered a decent PX or if any discount has been offered...

For a near 100k car a 50k drop in value in 3 years is about right,it's the reason I stopped buying new 100k cars.
not suprised about the gts,a run out model which was the offered with discounts was always going to be a heavy sufferer,at least it's a great car.
Any further info on Any discounts being offered would be most appreciated.

[Tony 1234]

Manks said:

The back end wagged its tail on a roundabout? Not what I envisaged when you mentioned being "close to the limit".

But you were asking about incentives. A car that makes you feel like a driving god; what bigger incentive do you require? Just think how that tricky left-hander into Tesco's car park will be improved by having PDCC.

PDCC, the best thing since sliced bread

Edited by Tony 1234 on Tuesday 13th March 13:47

[Sierra Mike]

Manks said:

The back end wagged its tail on a roundabout? Not what I envisaged when you mentioned being "close to the limit".

But you were asking about incentives. A car that makes you feel like a driving god; what bigger incentive do you require? Just think how that tricky left-hander into Tesco's car park will be improved by having PDCC.

In terms of discounts, you can certainly get a deal. But that does not necessarily mean a huge chunk off the configurator price. Nor would you want that, I imagine.

Sorry for any confusion caused but I was agreeing with the EVO article which I thought was clear. I tried to make things clearer in my last post and explained that the only thing that happened with me was a break in traction at a roundabout. I'm thankful that my OPC allows me extended drives in its cars and I'm certainly not going to do is abuse that privilege. The last thing I'm going to do with a loan car is look for its limits and especially so on public roads; again sorry for your confusion in that regard. I'm reliably informed that spacers improve the 'feel' of the car so for those who are concerned about this aspect of the car, maybe give that a go.

Feeling lilke a 'driving god' is not the incentive I'm looking for with a 991. The incentive I'm looking for is confidence that the car's residuals will be firmer than presently indicated because I do think it's priced high for the current market and economic climate. It doesn't matter how good a car makes you feel, it never feels good when you lose a lot of money on a car. I don't mind normal depreciation but I recently suffered a £60,000 loss on a one year old car so I acccept that I'm a little sensitive about excessive depreciation. That car was not a Porsche but the experience made me reliase that I'm in safer hands with Porsche than most.

Discounts undermine residuals so that's not the solution. Porsche can't turn back the clock on pricing so it's down to them to limit supply and protect residuals till the picture improves. I don't know what incentives are on offer but I'm open to suggestions

[franki68]

I dont think you can predict the residuals with the current market,however if the 991 does not sell as expected it may well keep residuals up as used supply will be limited.

[MrTickle]

GuillaumeB said:

Yeah not brilliant. Quite scary to think that almost £50k of value will disappear in 3 years. I didn't ask for 2 year figure but can easily do so.

I am also being offered a terrible price for my barely 10 month old GTS, so speaking of incentives they are actually incentivising me to stay put which seems a bit odd given the current trading conditions and doesn't make any business sense. I'd be really interested to hear if anyone has been offered a decent PX or if any discount has been offered...

I hate to think what a terrible p/x quote is for a 10 month old GTS I just hope I do not find myself in the need of selling any time soon!

[Manks]

franki68 said:

I dont think you can predict the residuals with the current market,however if the 991 does not sell as expected it may well keep residuals up as used supply will be limited.

I think you're right.

But to be honest I think people who are unduly concerned about depreciation should steer clear of the 991. They might do OK, they might take a bath, but if the fear of the latter is going to spoil their enjoyment they might do well to buy something else.

[SFO]

Manks said:

franki68 said:

I dont think you can predict the residuals with the current market,however if the 991 does not sell as expected it may well keep residuals up as used supply will be limited.

I think you're right.

But to be honest I think people who are unduly concerned about depreciation should steer clear of the 991. They might do OK, they might take a bath, but if the fear of the latter is going to spoil their enjoyment they might do well to buy something else.

all expensive cars are depreciating heavily ...

[Manks]

SFO said:

all expensive cars are depreciating heavily ...

I am sure they are, with the possible exception of long waiting list cars. I notice that the Sports Classics are dropping too. Weren't they being marketed at £140k or so a year back? I see they are £125k now.

So in terms of incentives, anything a dealer is going to give off a new car is going to be swallowed up pretty quickly. If you're buying it using Porsche finance and trading in a GTS it's likely to be horrible. You may as well buy a green one too and smoke in it.

[mayes911]

http://www.sytner.co.uk/search/porsche-911-[997]-c...
more like £110k.
cant wait until they are £60k

[Spy]

I think you are unlikely to see any significant discounting just yet.

The reason being is that I believe they are currently taking orders for September delivery.

Part of the reason for this may be a slow ramp-up in production limiting available cars, which is typical in car manufacturing for a completely new model. It takes a good few months to reach max. production capacity.

I think that once the factory reaches max. production combined with the relatively smaller number of buyers (due to economy, lacklustre reviews etc) you will then see the incentives start kicking in.