992 Turbo S not selling?

[lowndes]

Last week WBAC were cash buyers at £160k+ for 2020 9k miles lowish spec car

[ChocolateFrog]

julian987R said:

992 Turbo S "Extremely Rare and sought after vehicle" £300K.

https://www.autotrader.co.uk/car-details/202209159...

It must be the Amazon lights and B&Q insulation that adds to the price.

Atleast it's not sort after.

Edit. It's not a BRAND NEW VEHICLE though is it. It's a couple of weeks from being a year old. Rubber ages whether or not you actually turn the thing on.

Edited by ChocolateFrog on Saturday 17th September 07:59

[GT4RS]

Makes no sense to me why such a mass produced 992 would command over list or even close to list when used, 911 turbos have always dropped like a stone in price.

I’m sure many have bought these thinking they will get a spot of free motoring and now they can’t sell them unless they take a hit.

The only ones winning are the dealers when selling new or kicking you in the nuts when trying to sell.

Peoples spending is tightening and the ones who have stretched themselves and can’t afford to absorb the old levels of car depreciation at this level are going to fell it!

[time waster]

GT4RS said:

Makes no sense to me why such a mass produced 992 would command over list or even close to list when used, 911 turbos have always dropped like a stone in price.

I’m sure many have bought these thinking they will get a spot of free motoring and now they can’t sell them unless they take a hit.

The only ones winning are the dealers when selling new or kicking you in the nuts when trying to sell.

Peoples spending is tightening and the ones who have stretched themselves and can’t afford to absorb the old levels of car depreciation at this level are going to fell it!

Dealers always win and probably don't care about the price, as long as they make their spread. The subsequent fall in stock price will only be what they made on the way up through covid. Once the market turns, everyone will try and offload which will just increase the pressure on prices. Winter and energy prices will be the next kicker.

[Ocho]

ChocolateFrog said:

It must be the Amazon lights and B&Q insulation that adds to the price.

Atleast it's not sort after.

Edit. It's not a BRAND NEW VEHICLE though is it. It's a couple of weeks from being a year old. Rubber ages whether or not you actually turn the thing on.

Edited by ChocolateFrog on Saturday 17th September 07:59

Agreed. And it's covered in fingerprints and dirty carpets. I dunno, but if they can't even be bothered to give it a half decent clean before listing it for best part of 300k...???

[rkwm1]

Ocho said:

Agreed. And it's covered in fingerprints and dirty carpets. I dunno, but if they can't even be bothered to give it a half decent clean before listing it for best part of 300k...???

Crazy price, similar spec car sold for circa £210k with 1k miles a couple of weeks ago.

[f1ten]

I've been watching them and they don't seem to be shifting. Penny is ndropping that 30k depreciation is easily possible on something at 190-200k. Demand into winter always softens and supply doesn't look that tight.

[Tagteam]

f1ten said:

I've been watching them and they don't seem to be shifting. Penny is ndropping that 30k depreciation is easily possible on something at 190-200k. Demand into winter always softens and supply doesn't look that tight.

They will now be happy at 30k - easily go to 50k to get out. Turbo was always the least popular of the range

[Desert Dragon]

Tagteam said:

f1ten said:

I've been watching them and they don't seem to be shifting. Penny is ndropping that 30k depreciation is easily possible on something at 190-200k. Demand into winter always softens and supply doesn't look that tight.

They will now be happy at 30k - easily go to 50k to get out. Turbo was always the least popular of the range

This + 1