Macan depreciation years 4-8?
Macan depreciation years 4-8?
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jason61c

Original Poster:

5,978 posts

195 months

Tuesday 15th September 2020
quotequote all
Hi all.

i've been looking for a new 'interesting' car, however something that might do 40mpg on a motorway run.

I think a 2015 onwards Macan fits the bill.

What i'm trying to work out is depreciation from this point. Say a nice 65 Reg td s, with 25k on.......... 3 years later, with 60-65k on, how much it'd cost. My gut feeling is that ignoring 'running' costs, its likely to be worth circa £6k less than the purchase price? Or am I shooting in the breeze?

I've found a nice 65 reg car, one owner £31k, 23,000 miles. I'm trying to convince myself that a macan is the answer!

W12GT

4,170 posts

242 months

Tuesday 15th September 2020
quotequote all
£6k loss is optimistic - diesels are not popular, Porsche have stepped away from diesel. Have a look at Cayennes that are about to see what the price difference is for an at 3years older so. A 12 plate and 15plate. Should give you an idea. So many other facfofa too - if you decide to px it then I’d say £15k loss at least! If you sell privately then possibly low to mid 20’s if you are lucky.

Also check WBAC as that will give you an idea as to if it’s on the money now.

gizlaroc

17,251 posts

245 months

Tuesday 15th September 2020
quotequote all
No chance on £6k loss.

At the moment prices for 5 year old cars are high, very high.

By the time it gets to 8 years old we will see the new Macan, that is when prices will suddenly tumble.

Really, a 5 year old one should now be £23-25k, just we are in strange times at the moment.
Reality is I reckon it will lose £6k over the next 12 months, and then lose another £10k by the end of the 3 years.

65k mile one at 8 years old will be £16-18k I would guess.

jason61c

Original Poster:

5,978 posts

195 months

Tuesday 15th September 2020
quotequote all
gizlaroc said:
No chance on £6k loss.

At the moment prices for 5 year old cars are high, very high.

By the time it gets to 8 years old we will see the new Macan, that is when prices will suddenly tumble.

Really, a 5 year old one should now be £23-25k, just we are in strange times at the moment.
Reality is I reckon it will lose £6k over the next 12 months, and then lose another £10k by the end of the 3 years.

65k mile one at 8 years old will be £16-18k I would guess.
Thats not terrible at a 10k loss............

I can take a company car or put £550 a month extra into my pension.

So a 10k loss over 3 years, vs £19,800 into my pension, thats the sort of maths i'm crunching. I could say i'm still £10k better off than taking an electric company car.

jason61c

Original Poster:

5,978 posts

195 months

Tuesday 15th September 2020
quotequote all
W12GT said:
£6k loss is optimistic - diesels are not popular, Porsche have stepped away from diesel. Have a look at Cayennes that are about to see what the price difference is for an at 3years older so. A 12 plate and 15plate. Should give you an idea. So many other facfofa too - if you decide to px it then I’d say £15k loss at least! If you sell privately then possibly low to mid 20’s if you are lucky.

Also check WBAC as that will give you an idea as to if it’s on the money now.
Thats what i've done, I've found a private sale at £1k over the WBAC price, circa £5k under a porsche price. The Cayenne's do depreciate faster IMO, the caymens seem to hold value a bit better.

Koln-RS

4,072 posts

233 months

Tuesday 15th September 2020
quotequote all
I had a Macan DS and it would still be my choice for this type of vehicle - great to drive, excellent performance and economy, and even sounded good, apart from start up.

Diesel residuals were strong but have adjusted down, although I think depreciation going forward is going to be similar for diesel and petrol models, both will have their fans and detractors.

Hard to predict future residuals, but these are classy, luxury, lifestyle SUVs with a Porsche badge on the front, so there should be a stronger tertiary market over the likes of the Land Rover, BMW or Mercedes alternatives.

Secret is to buy well - spec, condition, mileage, history - but to enjoy, not lose sleep over resale. Good luck

jason61c

Original Poster:

5,978 posts

195 months

Tuesday 15th September 2020
quotequote all
Koln-RS said:
I had a Macan DS and it would still be my choice for this type of vehicle - great to drive, excellent performance and economy, and even sounded good, apart from start up.

Diesel residuals were strong but have adjusted down, although I think depreciation going forward is going to be similar for diesel and petrol models, both will have their fans and detractors.

Hard to predict future residuals, but these are classy, luxury, lifestyle SUVs with a Porsche badge on the front, so there should be a stronger tertiary market over the likes of the Land Rover, BMW or Mercedes alternatives.

Secret is to buy well - spec, condition, mileage, history - but to enjoy, not lose sleep over resale. Good luck
Totally agree. I think the diesels will always have their fans due to the economy. I just need to know upfront what i'm in for. thats the key.

gizlaroc

17,251 posts

245 months

Tuesday 15th September 2020
quotequote all
jason61c said:
Thats not terrible at a 10k loss............

I can take a company car or put £550 a month extra into my pension.

So a 10k loss over 3 years, vs £19,800 into my pension, thats the sort of maths i'm crunching. I could say i'm still £10k better off than taking an electric company car.
No, I said £6k first year then another £10k over the next 2 years.

That is what I would expect, but could be better.


jason61c

Original Poster:

5,978 posts

195 months

Tuesday 15th September 2020
quotequote all
I can’t see them being £14k at 60,000miles and 8-9 years old?

GT4RS

4,999 posts

218 months

Tuesday 15th September 2020
quotequote all
Petrol macan would be far better and the one to own is the gts but even then you will loose far more than 6k over 3 years.

Stay away from a D macan, they don’t make them anymore for a reason.

gizlaroc

17,251 posts

245 months

Wednesday 16th September 2020
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jason61c said:
I can’t see them being £14k at 60,000miles and 8-9 years old?
I said they lose more like £6k in year one, if buying at £31k today, then expect to lose roughly another £10k over the next two years, anything less would be a bonus. Might only be £4k a year, but by that time the new model will be here and it will be a car that is 9 years old.

Look at Cayennes, 8 year old ones with 60k were sub £15k before lockdown, now sitting around £16-17k for an 80k mile one, the ones selling are anyway, plenty priced too high that have been sat there for months. Will we see the covid prices correcting over the next 3 years? Who knows? But I would expect to and probably by next summer.

Will Macans be down to £15-17k at 8-9 years old with 65k miles? That is what I budget for.
It will probably be more like £13k loss, so £18k if selling privately.

I think I would rather buy one with 55k miles on it for £25-26k now if worried about depreciation. Sell that in 3 years with 85k miles on it and lose maybe £10k. There will be around £1500 difference between a 65k mile one and 85k mile one.







EGTE

996 posts

203 months

Wednesday 16th September 2020
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As soon as you buy one of these, do change the transfer-box oil. They have a nasty habit of dying every 20K miles, if you don't.

Anonymous-poster

12,241 posts

227 months

Saturday 26th September 2020
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gizlaroc said:
jason61c said:
Thats not terrible at a 10k loss............

I can take a company car or put £550 a month extra into my pension.

So a 10k loss over 3 years, vs £19,800 into my pension, thats the sort of maths i'm crunching. I could say i'm still £10k better off than taking an electric company car.
No, I said £6k first year then another £10k over the next 2 years.

That is what I would expect, but could be better.
If your prediction at the start of lockdown is anything to go by.....;)

gizlaroc

17,251 posts

245 months

Saturday 26th September 2020
quotequote all
Anonymous-poster said:
If your prediction at the start of lockdown is anything to go by.....;)
What was that?

I said when we come out of this we will see prices slump.

I still think we will, but we won't know for another 6 months because the financial support has been extended.



Anonymous-poster

12,241 posts

227 months

Sunday 27th September 2020
quotequote all
gizlaroc said:
Anonymous-poster said:
If your prediction at the start of lockdown is anything to go by.....;)
What was that?

I said when we come out of this we will see prices slump.

I still think we will, but we won't know for another 6 months because the financial support has been extended.
On the 12th of March you said

“ Already falling fast.

I reckon we will see the same sort of price drops we saw in 2010.

I bet we see used prices slump 30% within 2 months.”

biggrin

gizlaroc

17,251 posts

245 months

Sunday 27th September 2020
quotequote all
Anonymous-poster said:
On the 12th of March you said

“ Already falling fast.

I reckon we will see the same sort of price drops we saw in 2010.

I bet we see used prices slump 30% within 2 months.”

biggrin
They pretty much did, within 2 weeks.

Then we had Mr Sunak jump in and pay everyone's wages and prices started to climb.
Stock dried up as no new cars being sold and thus no trade ins, combine that with people sat at home with more money in their accounts than normal looking on Autotrader and thinking "christ, leave it any longer and I won't be able to afford a used car." and they went to unprecedented levels, which is where they are now.


We have just pushed the inevitable down the road.

Anonymous-poster

12,241 posts

227 months

Sunday 27th September 2020
quotequote all
gizlaroc said:
Anonymous-poster said:
On the 12th of March you said

“ Already falling fast.

I reckon we will see the same sort of price drops we saw in 2010.

I bet we see used prices slump 30% within 2 months.”

biggrin
They pretty much did, within 2 weeks.

Then we had Mr Sunak jump in and pay everyone's wages and prices started to climb.
Stock dried up as no new cars being sold and thus no trade ins, combine that with people sat at home with more money in their accounts than normal looking on Autotrader and thinking "christ, leave it any longer and I won't be able to afford a used car." and they went to unprecedented levels, which is where they are now.
Only for the bedweters that panicked and offloaded before they shot up.

gizlaroc

17,251 posts

245 months

Sunday 27th September 2020
quotequote all
Anonymous-poster said:
Only for the bedweters that panicked and offloaded before they shot up.
Well to be fair, if Sunak had not paid everyone's wages they wouldn't have shot up.

Those I know who offloaded their cars did so at a price they were happy with at the time, of course it would have been better to get more, but the reality for many was no income at the time, no payment holidays offered at that time and thousands of pounds sat in metal or monthly payments going out that were hard to justify on a car not going anyway while no income.

I sold my 5 series touring, seemed like the sort of car that would deprciate, but bought a Z4 coupe from someone as that seemed like the sort of car that wouldappreciate.
I could have arguably got a grand more for the 5 series, but did more than OK with the Z4 within weeks.


I stand by what I say regarding Macan prices.

Anonymous-poster

12,241 posts

227 months

Sunday 27th September 2020
quotequote all
gizlaroc said:
Anonymous-poster said:
Only for the bedweters that panicked and offloaded before they shot up.
Well to be fair, if Sunak had not paid everyone's wages they wouldn't have shot up.

Those I know who offloaded their cars did so at a price they were happy with at the time, of course it would have been better to get more, but the reality for many was no income at the time, no payment holidays offered at that time and thousands of pounds sat in metal or monthly payments going out that were hard to justify on a car not going anyway while no income.

I sold my 5 series touring, seemed like the sort of car that would deprciate, but bought a Z4 coupe from someone as that seemed like the sort of car that wouldappreciate.
I could have arguably got a grand more for the 5 series, but did more than OK with the Z4 within weeks.


I stand by what I say regarding Macan prices.
But no 30% slump though!

andyeds1234

2,468 posts

191 months

Sunday 27th September 2020
quotequote all
Anonymous-poster said:
But no 30% slump though!
The slump is inevitable. The economy is in suspended animation at the moment. It’s just a case of when, not if. Many of us predicted a short term bounce, before the slump. The bounce is just being artificially extended by the easing measures currently in place.

Edited by andyeds1234 on Sunday 27th September 14:54