2018 Cayenne bets?......
Discussion
PrancingHorses said:
Cheib said:
RRS finance is subsidised Cayenne’s isn’t which is what you would expect when one is brand new. Simples!
It's not subsidised at all. The MY18 RRS is a new model and there is no dealer or manufacturer contribution on PCP. It works out cheaper simply because the residual value after 3 years is around 60% compared to 40% on the Cayenne. I have been offered a 2018 Cayenne Hybrid for June/July delivery just need to get the maths to work now!
I recently sold my 4 year old pre-facelift Cayenne Diesel for 57% of the purchase price, including options. It was admittedly very low mileage (29k) but even so it illustrates the amazing real world residuals these cars have. Far better than the typical balloon on a PCP or lease purchase.
Cheib said:
RRS finance is subsidised Cayenne’s isn’t which is what you would expect when one is brand new. Simples!
PrancingHorses said:
It's not subsidised at all. The MY18 RRS is a new model and there is no dealer or manufacturer contribution on PCP. It works out cheaper simply because the residual value after 3 years is around 60% compared to 40% on the Cayenne.
An inflated residual is in effect a subsidy. Is 60% realistic for the RRS? Conversely a low residual doesn't always mean they think the car will only be worth that little. Sometimes they're just offloading all the risk on the customer and presuming most will chop in without considering the car is significantly more valuable then the balloon.
PrancingHorses said:
I have been offered a 2018 Cayenne Hybrid for June/July delivery just need to get the maths to work now!
Is the factory shutdown off then or have they shifted the dates as I though May was the last month of production? Perhaps theyre saying June/July in case it gets on a very slow boat 
5to1 said:
Cheib said:
RRS finance is subsidised Cayenne’s isn’t which is what you would expect when one is brand new. Simples!
PrancingHorses said:
It's not subsidised at all. The MY18 RRS is a new model and there is no dealer or manufacturer contribution on PCP. It works out cheaper simply because the residual value after 3 years is around 60% compared to 40% on the Cayenne.
An inflated residual is in effect a subsidy. Is 60% realistic for the RRS? Conversely a low residual doesn't always mean they think the car will only be worth that little. Sometimes they're just offloading all the risk on the customer and presuming most will chop in without considering the car is significantly more valuable then the balloon.
PrancingHorses said:
I have been offered a 2018 Cayenne Hybrid for June/July delivery just need to get the maths to work now!
Is the factory shutdown off then or have they shifted the dates as I though May was the last month of production? Perhaps theyre saying June/July in case it gets on a very slow boat OPC’s have software that models trade values against residual values of all the cars they’ve sold on PCP.
Simple and very clever business model.
Against GT cars they won’t let you borrow more than 50% as a PCP because it’s not the kind of car the product is designed for.
5to1 said:
PrancingHorses said:
Its a pre-built car...
Press car then?Just wondering why you have to wait till June/July if it's built or going to be built before shutdown.
PrancingHorses said:
Not sure but the salesman told me its a brand new unregistered stock car due to come in to them in June/July. Spec'd up to around £87k
Can’t be press car then. Id guess OPCs are being forced to order at least one. Just the July that’s thrown me, unless they want to stick it in the showroom for a bit.Not sure I’d want to spend £87k on a hybrid :/ getting too close to turbo money.
Taffy66 said:
Cheib said:
Against GT cars they won’t let you borrow more than 50% as a PCP because it’s not the kind of car the product is designed for.
I've never been allowed to borrow more than 50% on any Porsche PCP, let alone GT cars..5to1 said:
End of next week for mine now. This date is supposed to be firm though.
Will mean its almost a month late :O Anyone else had a similar delay?
Yep me, about 3 week delay so far, and still no fix so I am being told, have said I can have car Monday, if my insurance company will let me take it without tracker working, which is all linked so I am being told.Will mean its almost a month late :O Anyone else had a similar delay?
Saj
Received email to activate My Porsche Account that I’d setup a month ago. Can see the car and all it’s details including VIN.
Guess this has been triggered by PDI/setup at the OPC, in which case it's really here this time. May just beat our other imminent delivery (fingers crossed).
Guess this has been triggered by PDI/setup at the OPC, in which case it's really here this time. May just beat our other imminent delivery (fingers crossed).
Edited by 5to1 on Saturday 12th May 15:56
Cheib said:
Taffy66 said:
Cheib said:
Against GT cars they won’t let you borrow more than 50% as a PCP because it’s not the kind of car the product is designed for.
I've never been allowed to borrow more than 50% on any Porsche PCP, let alone GT cars..
Wow, thats £51.5k over 3 years, about £17k/year :O
Perhaps look into personal finance?
Or if youre not intending to keep it and if you're ok with another RRS (possibly better deals about or coming, but just an example):
3.0 SDV6 HSE 5dr Auto
£689.94 @ 9+36 12k/year = £30.3k or £10.1k/year
https://www.contracthireandleasing.com/independent...
Cayenne appears to be ~£785 on the same terms, which equates to £34k.
But the RRS HSE is very well spec'd IMO, whereas i'd imagine most would throw £10k of options on the Cayenne. Given most options are fully depreciated on a lease, that takes the Cayenne PCH into the PCP territory, with no prospect of being rescued by a higher then predicted residual.
Perhaps look into personal finance?
Or if youre not intending to keep it and if you're ok with another RRS (possibly better deals about or coming, but just an example):
3.0 SDV6 HSE 5dr Auto
£689.94 @ 9+36 12k/year = £30.3k or £10.1k/year
https://www.contracthireandleasing.com/independent...
Cayenne appears to be ~£785 on the same terms, which equates to £34k.
But the RRS HSE is very well spec'd IMO, whereas i'd imagine most would throw £10k of options on the Cayenne. Given most options are fully depreciated on a lease, that takes the Cayenne PCH into the PCP territory, with no prospect of being rescued by a higher then predicted residual.
Had a 20 min passenger ride in a Cayenne at the weekend. I'll be honest whilst I didn't get to drive it the ride didn't feel like a massive step on from our 2017 car. Also the interior definitely needs full leather in my opinion as I have said before....makes such a difference. The car I was in had the Black/Mojave part leather interior which I wasn't a fan of.
Hopefully will get to drive one in a couple of weeks.
Hopefully will get to drive one in a couple of weeks.
Francois de La Rochefoucauld said:
Thanks for the lease information, makes for an interesting comparison.
I've actually just ordered a new RR Vogue and the PCP comes out marginally higher over 3 years vs a lease, that is with a fair few options ticked though.
Options generally kill a PCH as they are almost always full depreciated over the term of the lease.I've actually just ordered a new RR Vogue and the PCP comes out marginally higher over 3 years vs a lease, that is with a fair few options ticked though.
Manufacturers that use trim levels can work in your advantage. RR for example, as HSE will have a different residual to base model, whereas if you ticked the option boxes to get to same place as HSE they'd just depreciate those to zero :/
You end with some funny prices being spit out as a result. For example an S4 can look quite attractive if you plan to tick the big wheels/upgraded nav/etc on the standard A4.
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