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Discussion
Chemical Ali said:
Daily mail article a few days ago stating 42% rise in stock of £150k cars over last year listed on Autotrader. Also adverts stayed live nearly twice as long as this time last year with average of nearly 90 days advertised.
This clearly says we are having a shift in the market. 911hope said:
Cancelled orders?
Given the price rises, interest rate rises
I have been to my OPC on a few occasions recently and the last time I noticed they stock on display was 3 times maybe the normal level.I overheard one salesman tell someone that Porsche UK had dumped a load of stock on them .Also whilst there (may time) I enquired about a new 992 turbo or gts model and told a minimum 12-18 months delivery but when I said well what about all thisstock you have they suddenly had 7 cars available for delivery in july to my spec including a few tubos .Given the price rises, interest rate rises
I am not sure if these were cancelled orders or orders the dealer had placed for their own stock but either way availability is no issue.
Most machinery and vehicles are now0on short lead times with dealers stuck with a lot of inventory. No real reason why Porsche should be immune.
When you consider the proportion of new vehicles that are on PCP or lease, the fact rates have gone up as steeply as they have (even though only roughly reverting to normal) is bound to reduce demand.
When you consider the proportion of new vehicles that are on PCP or lease, the fact rates have gone up as steeply as they have (even though only roughly reverting to normal) is bound to reduce demand.
Chemical Ali said:
Daily mail article a few days ago stating 42% rise in stock of £150k cars over last year listed on Autotrader. Also adverts stayed live nearly twice as long as this time last year with average of nearly 90 days advertised.
Could well be true, but reading the Daily Mail is not a good idea.s2000db said:
But how many Taycans and 911’s do they sell in the UK, my guess is around 5000 of each??
So at a 100 per week these numbers aren’t that catastrophic are they?
There are over 200 new Taycans on the Porsche site, plus loads of pre reg and low mileage cars. And those are just the ones that are listed. My OPC has loads more sitting out the back not on the site yet, I'm sure other garages will be the same. So at a 100 per week these numbers aren’t that catastrophic are they?
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