Discussion
DannyScene said:
julian987R said:
Might as well just close this thread here lads, nobody is going to spec a better GT3 then this one!Well played sir!
This one has dropped to 264,995.
Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
BorkBorkBork said:
OPC’s clamping down on flippers is clearly a nonsense.
They actually encourage it as long as the 'flippers' sell through them for a second bite on the cherry. Easy to stop flipping by insisting each buyer signs an affidavit to the effect that the first owner has to keep the car for a minimum of two years. If their circumstances change within that time limit then the supplying dealer has First Refusal to buy it back at less than list.Dead easy to implement and legally cast iron.
Taffy66 said:
They actually encourage it as long as the 'flippers' sell through them for a second bite on the cherry. Easy to stop flipping by insisting each buyer signs an affidavit to the effect that the first owner has to keep the car for a minimum of two years. If their circumstances change within that time limit then the supplying dealer has First Refusal to buy it back at less than list.
Dead easy to implement and legally cast iron.
They do something similar in the US. Mercedes dealers in California get their GT PRO customers to sign an agreement whereby the the client isn't allowed to export or sell the car for a period of time - believe 1-2 years. Porsche know exactly what's happening but they turn a blind eye. Why cannibalise sale of their regular model range, which is the 'carrot and stick' approach used by their franchise dealer network.Dead easy to implement and legally cast iron.
Taffy66 said:
They actually encourage it as long as the 'flippers' sell through them for a second bite on the cherry. Easy to stop flipping by insisting each buyer signs an affidavit to the effect that the first owner has to keep the car for a minimum of two years. If their circumstances change within that time limit then the supplying dealer has First Refusal to buy it back at less than list.
Dead easy to implement and legally cast iron.
But the supplying dealer won't pay them cash will they and will make them put it on SOR.Dead easy to implement and legally cast iron.
A flipper is not just someone who sells straight away, he may keep it over 2 years and just put 1k miles on it and then take a good profit, but I suppose that would be acceptable?
Taffy66 said:
They actually encourage it as long as the 'flippers' sell through them for a second bite on the cherry. Easy to stop flipping by insisting each buyer signs an affidavit to the effect that the first owner has to keep the car for a minimum of two years. If their circumstances change within that time limit then the supplying dealer has First Refusal to buy it back at less than list.
Dead easy to implement and legally cast iron.
Why would they? Dead easy to implement and legally cast iron.
They can continue to sell over specc’d mecans to people who believe that “it would definitely improve your chances of getting a halo product Sir”
Because they won’t / can’t promise you a future allocation, it’s a genius way to shift your regular cars.
I
'Flipping' might have been a very profitable exercise for OPCs but hasn't done Porsche's brand any good. In fact the whole process have led some genuine enthusiasts to turn away from the brand.
Another way of preventing 'Flipping' is to only offer new GT Porsche buyers on a minimum Lease/Contract hire with the option of buying at the end of the term. A PCP could be used in the same way but with no option for early repayment.
I've had my RS WP for nearly two years and AFAIK the only one still in the hands of the original buyer out of the 12 in total allocated to the four dealer group. I take it on track whenever my busy workload allows, the next one at Silverstone in two weeks.
Even now i still don't feel i really know my RS as they take a while to know 100%. I expect the same goes for the new 992GT3.
Another way of preventing 'Flipping' is to only offer new GT Porsche buyers on a minimum Lease/Contract hire with the option of buying at the end of the term. A PCP could be used in the same way but with no option for early repayment.
I've had my RS WP for nearly two years and AFAIK the only one still in the hands of the original buyer out of the 12 in total allocated to the four dealer group. I take it on track whenever my busy workload allows, the next one at Silverstone in two weeks.
Even now i still don't feel i really know my RS as they take a while to know 100%. I expect the same goes for the new 992GT3.
Anyone can order and receive a GT allocation in NZ at MSRP. Im a case in point...
We pay 25% more than the UK for our Porsches. No import duties or tarrifs, all local "Porsche Tax" due to (still) independent importer/distributor and claimed higher cost to manage aftersales in small country. Im pretty sure Porsche Asia Pacific also make higher margins than in Europe/USA on our cars.
Subsequently not once in my last 4 new Porsches (3 of which GT3) has the car been worth more than I paid the moment I drive it off the lot. In every case its worth less (just sold my 991.2 GT3 manual by way of example for 30% less than it cost new, although it had done 42,000km and 25 track days and needed some money spent on it to make it presentable for sale - paint, trim, tyres, window screen etc).
The price we pay for Porsches is higher than the UK and means that the volume supplied always equals the volume demanded. We never have an allocation issue and in part I think Porsche help make sure of that as they are making extra margin in our region!
The whole "value thread" and flipping thing is foreign to me and from what Ive seen on here and other boards simply spoils the whole ownership thing for many. The cars are bought as trophys and investments, not for their intended purpose etc,
The answer therefore is probably to hike the price by 30% in UK and see if that has an impact on this secondary profit trade. I suspect it would. Demand would fall and flipping would become extinct...
But how many on here would want to pay 30% more?
We pay 25% more than the UK for our Porsches. No import duties or tarrifs, all local "Porsche Tax" due to (still) independent importer/distributor and claimed higher cost to manage aftersales in small country. Im pretty sure Porsche Asia Pacific also make higher margins than in Europe/USA on our cars.
Subsequently not once in my last 4 new Porsches (3 of which GT3) has the car been worth more than I paid the moment I drive it off the lot. In every case its worth less (just sold my 991.2 GT3 manual by way of example for 30% less than it cost new, although it had done 42,000km and 25 track days and needed some money spent on it to make it presentable for sale - paint, trim, tyres, window screen etc).
The price we pay for Porsches is higher than the UK and means that the volume supplied always equals the volume demanded. We never have an allocation issue and in part I think Porsche help make sure of that as they are making extra margin in our region!
The whole "value thread" and flipping thing is foreign to me and from what Ive seen on here and other boards simply spoils the whole ownership thing for many. The cars are bought as trophys and investments, not for their intended purpose etc,
The answer therefore is probably to hike the price by 30% in UK and see if that has an impact on this secondary profit trade. I suspect it would. Demand would fall and flipping would become extinct...
But how many on here would want to pay 30% more?
Taffy66 said:
BorkBorkBork said:
OPC’s clamping down on flippers is clearly a nonsense.
They actually encourage it as long as the 'flippers' sell through them for a second bite on the cherry. Easy to stop flipping by insisting each buyer signs an affidavit to the effect that the first owner has to keep the car for a minimum of two years. If their circumstances change within that time limit then the supplying dealer has First Refusal to buy it back at less than list.Dead easy to implement and legally cast iron.
I’ve bought 6 cars from 4 different OPC’s since Feb 2019, including 2 Macans, 2 GT3’s, a C4 GTS and a Taycan CT. Totalling nearly £700k, and I haven’t got a hope of getting an allocation now or at any point in the future.
I know I should have tried to restrict all my business to one OPC, but in the case of the GT3’s, they were both bought for over list, and I had to go where I could find them.
Personally I think I’ve put enough business through this brand to have a chance of buying one of their halo products at list. But alas, their franchise model works against people like me who want the cars they want, not what a particular OPC wants to sell me.
And yes, I am quite bitter. Tarnishes the brand for me, and my love affair with it isn’t what it might be. I’d love a 992 Touring, but I know I’ll have to wait at least 18 months and probably pay £50k over list for one that I haven’t been lucky enough to spec myself.
Why can’t Porsche GB keep a database of customers and their total spend with the brand regardless of OPC? As well as implement a contract where allocations for halo cars come with a strict no sale policy for two years? And then decide on allocations impartially from a central point?
Macca993 said:
Anyone can order and receive a GT allocation in NZ at MSRP. Im a case in point...
We pay 25% more than the UK for our Porsches. No import duties or tarrifs, all local "Porsche Tax" due to (still) independent importer/distributor and claimed higher cost to manage aftersales in small country. Im pretty sure Porsche Asia Pacific also make higher margins than in Europe/USA on our cars.
Subsequently not once in my last 4 new Porsches (3 of which GT3) has the car been worth more than I paid the moment I drive it off the lot. In every case its worth less (just sold my 991.2 GT3 manual by way of example for 30% less than it cost new, although it had done 42,000km and 25 track days and needed some money spent on it to make it presentable for sale - paint, trim, tyres, window screen etc).
The price we pay for Porsches is higher than the UK and means that the volume supplied always equals the volume demanded. We never have an allocation issue and in part I think Porsche help make sure of that as they are making extra margin in our region!
The whole "value thread" and flipping thing is foreign to me and from what Ive seen on here and other boards simply spoils the whole ownership thing for many. The cars are bought as trophys and investments, not for their intended purpose etc,
The answer therefore is probably to hike the price by 30% in UK and see if that has an impact on this secondary profit trade. I suspect it would. Demand would fall and flipping would become extinct...
But how many on here would want to pay 30% more?
I wanted to emigrate to NZ since I hitchhiked around it 35 years ago. Your Porsche GT allocation process is very fair and transparent which doesn't favour the bigger buyers. Don't forget to post on here when you get your 992GT3 as i really respect your opinion.We pay 25% more than the UK for our Porsches. No import duties or tarrifs, all local "Porsche Tax" due to (still) independent importer/distributor and claimed higher cost to manage aftersales in small country. Im pretty sure Porsche Asia Pacific also make higher margins than in Europe/USA on our cars.
Subsequently not once in my last 4 new Porsches (3 of which GT3) has the car been worth more than I paid the moment I drive it off the lot. In every case its worth less (just sold my 991.2 GT3 manual by way of example for 30% less than it cost new, although it had done 42,000km and 25 track days and needed some money spent on it to make it presentable for sale - paint, trim, tyres, window screen etc).
The price we pay for Porsches is higher than the UK and means that the volume supplied always equals the volume demanded. We never have an allocation issue and in part I think Porsche help make sure of that as they are making extra margin in our region!
The whole "value thread" and flipping thing is foreign to me and from what Ive seen on here and other boards simply spoils the whole ownership thing for many. The cars are bought as trophys and investments, not for their intended purpose etc,
The answer therefore is probably to hike the price by 30% in UK and see if that has an impact on this secondary profit trade. I suspect it would. Demand would fall and flipping would become extinct...
But how many on here would want to pay 30% more?
Melvynr said:
This one has dropped to 264,995.
Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
You may well dislike Archie, I for one find him irritating, but to say he is a wannabe when is has 300K+ subscribers is a bit of a reach. Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
julian987R said:
Melvynr said:
This one has dropped to 264,995.
Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
You may well dislike Archie, I for one find him irritating, but to say he is a wannabe when is has 300K+ subscribers is a bit of a reach. Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
NZ has favourite buyers,i tried to buy a gt2 and a rs from there,deff flipping but at a much lower level.
Why moan about flippers,its nothing new ,good luck to them and hmrc to clamp down on them.keep buying them new cars taff,you might get another allocation in 10 years time
Yellow491 said:
julian987R said:
Melvynr said:
This one has dropped to 264,995.
Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
You may well dislike Archie, I for one find him irritating, but to say he is a wannabe when is has 300K+ subscribers is a bit of a reach. Pity the Amari owner doesn't buy these high-end cars outright, looks a right shady tw2t as well, oh, and as for wannabe Archie!!!!!!
https://youtu.be/TMrFTb2wES4
In Germany you can order a freely configurable Touring for list plus 20k ex VAT for December delivery
https://m.mobile.de/auto-inserat/porsche-992-gt3-t...
Or a low mileage one for 225k - not a huge premium, but still well above list
https://m.mobile.de/auto-inserat/porsche-992-gt-3-...
https://m.mobile.de/auto-inserat/porsche-992-gt3-t...
Or a low mileage one for 225k - not a huge premium, but still well above list
https://m.mobile.de/auto-inserat/porsche-992-gt-3-...
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