Price Increase 2021

[Jeremy-75qq8]

I am looking for a used 2019/2020 Cayenne.

In this process I have compared them to new cars ---- and whilst you have to add £2175 to the price on their configurator to find an "On The Road" price there is not much difference on price between 2020 used - demo 3-4000miles and new.

However ... the dealer is saying I have to sign a waiver to allow a 5-10% price increase for 2021 which will be released when Porsche decide to change the prices.

Is this correct - or even legal?!

I know they were asking for an import tax waiver re Brexit which I could understand, but I am surprised they don't actually have a price for a vehicle when you order it.

Most on here will know a lot more than I so would welcome your guidance,

[broxie]

Jeremy-75qq8 said:

I am looking for a used 2019/2020 Cayenne.

In this process I have compared them to new cars ---- and whilst you have to add £2175 to the price on their configurator to find an "On The Road" price there is not much difference on price between 2020 used - demo 3-4000miles and new.

However ... the dealer is saying I have to sign a waiver to allow a 5-10% price increase for 2021 which will be released when Porsche decide to change the prices.

Is this correct - or even legal?!

I know they were asking for an import tax waiver re Brexit which I could understand, but I am surprised they don't actually have a price for a vehicle when you order it.

Most on here will know a lot more than I so would welcome your guidance,

The dealer is out of date. Boris already announced a deal with Germany so the threat has been withdrawn. More switched on dealers have already told me this has been scrapped. There may be an inflation linked (2-3%) hike in prices in the next few months even though I would think it madness to start hiking prices at all in the current economy.

[HTP99]

Why would buying used car be affected by a new car price rise?

Edited by HTP99 on Wednesday 6th January 16:05

[Jeremy-75qq8]

There is no difference on the used car.

I was comparing new and used and there was little difference - other than the alleged 5-10% price increase which you were than at the whim of Porsche

[broxie]

HTP99 said:

Why would buying used car be affected by a new car price rise?

Edited by HTP99 on Wednesday 6th January 16:05

I read it as the decision to add very little money to buy new compared to the inflated used prices for 12-18 month old used stock. But then tempered by the threat of a hiked price on delivery. The first dealer I spoke to said the form still existed but not expecting to be carried out. I refused to sign it and said any price hike would scupper a deal.

[Jeremy-75qq8]

broxie said:

The dealer is out of date. Boris already announced a deal with Germany so the threat has been withdrawn. More switched on dealers have already told me this has been scrapped. There may be an inflation linked (2-3%) hike in prices in the next few months even though I would think it madness to start hiking prices at all in the current economy.

The Brexit 10% is dead ( I merely mentioned it as I knew they were doing this pre the deal.

This is inflation linked increase where I am supposed to sign a waiver for an increase of between 5 and 10% over which I have no control.

I am sure Porsche will say they garden is rosy ( maybe it is) but the papers tell me car sales have hit an all time low so to lump 10% on would seem brave!

It was more that I would expect to pay the price at the time of order, not have an unspecified laibility for a price uplift.

[Jeremy-75qq8]

broxie said:

I read it as the decision to add very little money to buy new compared to the inflated used prices for 12-18 month old used stock. But then tempered by the threat of a hiked price on delivery. The first dealer I spoke to said the form still existed but not expecting to be carried out. I refused to sign it and said any price hike would scupper a deal.

Thank you for your reply.

Was this an annual price rise or the Brexit one you refused to sign?

In the annual good to know I can just say no!

[Buster73]

I’ve just read the waiver I signed and it’s 100% about brexit tariffs and makes no mention of any rise in rrp.