Am I just poor?
Author
Discussion

simonharrod911

Original Poster:

6,792 posts

260 months

Thursday 16th February 2006
quotequote all
Or does anyone else find Porsche UK's policy of £10k deposits on turbos and GTs a little bit excessive considering the long lead times?

Bund

2,624 posts

249 months

Thursday 16th February 2006
quotequote all
I thought it was over the top but there using an excuse of weeding out time wasters and people who have more than one order.

simonharrod911

Original Poster:

6,792 posts

260 months

Thursday 16th February 2006
quotequote all
My dealer was embarrased by it, but it's a directive from Porsche GB to stop speculators.

It wouldn't be difficult to have a quick look at people's history and vary accordingly.

My kids are going to have to get up some chimneys.

LeeME3

1,502 posts

254 months

Thursday 16th February 2006
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simonharrod911 said:


My kids are going to have to get up some chimneys.


You mean your missus doesn't work?!?!?!?!?!?

Bund

2,624 posts

249 months

Thursday 16th February 2006
quotequote all
Well im going to leave work now so i can go and stand on the corner and catch the early commuting punters to help pay the deposit.

m400 jet

379 posts

262 months

Thursday 16th February 2006
quotequote all
I can see this setting a trend with all the main Dealers for all makes now, only 5k on the 430, another 10k after i specked it, would agree with you simon, seems a little steep.

simonharrod911

Original Poster:

6,792 posts

260 months

Thursday 16th February 2006
quotequote all
LeeME3 said:
simonharrod911 said:


My kids are going to have to get up some chimneys.


You mean your missus doesn't work?!?!?!?!?!?


As you well know Lee, my missus thinks of money like nuclear power. She's happy to benefit from it, but has no idea how to generate it personally!!!!

LeeME3

1,502 posts

254 months

Thursday 16th February 2006
quotequote all
simonharrod911 said:

As you well know Lee, my missus thinks of money like nuclear power. She's happy to benefit from it, but has no idea how to generate it personally!!!!




Print this thread off and take it home for her to stick to the fridge!

Dakkon

7,829 posts

281 months

Thursday 16th February 2006
quotequote all
LeeME3 said:
simonharrod911 said:

As you well know Lee, my missus thinks of money like nuclear power. She's happy to benefit from it, but has no idea how to generate it personally!!!!




Print this thread off and take it home for her to stick to the fridge!


Seems there are a number of women like this in the world

simonharrod911

Original Poster:

6,792 posts

260 months

Thursday 16th February 2006
quotequote all
LeeME3 said:
simonharrod911 said:

As you well know Lee, my missus thinks of money like nuclear power. She's happy to benefit from it, but has no idea how to generate it personally!!!!




Print this thread off and take it home for her to stick to the fridge!


Only once I've added that she's a money wasting bitch!

I'm trying to get a GT3 deposit together and she wants photos of the kids!!!!!!

Every time I mention changing my car she thinks it gives her carte blanche to buy stupid things. "You're getting a new car!" is all I hear. Who do these women think they are?

m400 jet

379 posts

262 months

Thursday 16th February 2006
quotequote all
Simon, remember Just tell her to to turn the lights off at your house in the evening, your place still looks like the national lampoons christmas vacation every time i pass there!!!! 3 months youll have your deposit!

simonharrod911

Original Poster:

6,792 posts

260 months

Thursday 16th February 2006
quotequote all
m400 jet said:
Simon, remember Just tell her to to turn the lights off at your house in the evening, your place still looks like the national lampoons christmas vacation every time i pass there!!!! 3 months youll have your deposit!


I can't get it through to her mate. I think she's hoping Powergen will spot it and use it in place of Webley stadium in the tv adverts as a higher consumer.

jcosh

1,245 posts

260 months

Thursday 16th February 2006
quotequote all
simonharrod911 said:
Or does anyone else find Porsche UK's policy of £10k deposits on turbos and GTs a little bit excessive considering the long lead times?


Yes it does seem high, but the car has got to be paid for at some point. It just means that £10k is sitting in the OPC bank account and not yours.

singh911

957 posts

269 months

Thursday 16th February 2006
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Not sure what they do with the interest that accumulates on the money. If it gets credited towards the purchase of the car then its fair enough, don't see the problem. If they bank the interest, its jolly naughty - would be interesting to see the terms of the deposit taken form.

Ajit.

simonharrod911

Original Poster:

6,792 posts

260 months

Thursday 16th February 2006
quotequote all
singh911 said:
Not sure what they do with the interest that accumulates on the money. If it gets credited towards the purchase of the car then its fair enough, don't see the problem. If they bank the interest, its jolly naughty - would be interesting to see the terms of the deposit taken form.

Ajit.


They bank the interest, or they did with my C2S.

singh911

957 posts

269 months

Thursday 16th February 2006
quotequote all
simonharrod911 said:
singh911 said:
Not sure what they do with the interest that accumulates on the money. If it gets credited towards the purchase of the car then its fair enough, don't see the problem. If they bank the interest, its jolly naughty - would be interesting to see the terms of the deposit taken form.

Ajit.


They bank the interest, or they did with my C2S.


Really! Thats not right. So the car costs more than list because you forgo the interest on £10k for however long they hold onto the cash. No wonder Porsche are making so much money. It must be industry standard but its a shocker.

Take 100 people who want a 911, waiting list for a year - bank the interset on £1m. Nice.

Wait till you can buy second hand - save the depreciation and bank the interest - unless the money's not an issue.

Ajit.

DanH

12,287 posts

288 months

Thursday 16th February 2006
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If you don't like the practise, I can only urge you to not buy a car. That's the only way they will learn.

There are ways to weed out speculators that don't involve getting free interest on large chunks of your customers money without giving guaranteed build dates & etc! Of course speculators wouldn't be such a problem if they didn't build more cars than the market can handle.

Does the dealer hold the money, or Porsche themselves? I know people who lost deposits on the Lotus M250 when their dealer went under and the car was cancelled. The dealer hadn't been forwarding the deposits to Lotus, more like propping their business up with them...

xxplod

2,269 posts

272 months

Thursday 16th February 2006
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Mmmmmh. I bought my first Lotus from that dealer.

955 guy

192 posts

271 months

Thursday 16th February 2006
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Abbey National zero percent card for 9 months Then give cheque to OPC, at least you wont have to fund the deposit for the whole 12 months?

Henry-F

4,791 posts

273 months

Friday 17th February 2006
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I would imagine Porsche will allow interest on the money. They did with the Carrera GT. If they don`t ask them nicely. They won`t do it for a month or 2 but over 6 months and I think you would be right to expect interest on £10k.

After all how would they feel about you just grabing a Porsche jacket off the rack on your way out of the showroom when collecting the car. They`d call the law.

Henry