Lots of brand new Porsches immediately available

[guyvert1]

Sidsw said:

Burrow01 said:

Porsche reporting in the FT sales are 8% up..

https://on.ft.com/3IwBy59 (Paywall link)

"Porsche reported an 8 per cent increase in sales to €41bn, as the widespread shortage of semiconductors that hit the car industry after the pandemic continued to ease."

Edited by Burrow01 on Tuesday 12th March 10:15

shares rebounded from lows of 72 in mid jan to low 80's now. shares up 5% today. somebody out there propping them up.

I'd stop worrying if I was you, you obviously havent got a clue.

[Sidsw]

guyvert1 said:

I'd stop worrying if I was you, you obviously havent got a clue.

[unrepentant]

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

[Chemical Ali]

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

Its becoming the middle classes brand of choice. Fair play to Porsche. Example of how to market a brand.

[ChrisW.]

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

And just to remind "us in the UK" that most Stateside purchasers pay cash ... where-as in the UK 90% bought on tick where interest rates make a big difference.

[webstercivet]

ChrisW. said:

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

And just to remind "us in the UK" that most Stateside purchasers pay cash ... where-as in the UK 90% bought on tick where interest rates make a big difference.

No they don't. 85% of new car purchases in the US are financed through loans.

[Brighton Speed]

https://www.cnbc.com/2024/03/12/porsche-warns-of-f...

'Porsche warns of fall in profitability but hikes dividend on strong 2023 results'

Plus: 'The report said the company is prepared to "steer investments back to combustion-engine cars" if the EU delays its timeline for phasing out ICE vehicles. It had previously planned to phase out ICE investments in 2026 and 2027, but Chief Financial Officer Lutz Meschke said “we are flexible to react” if the rules change.'

[rawenghey]

webstercivet said:

ChrisW. said:

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

And just to remind "us in the UK" that most Stateside purchasers pay cash ... where-as in the UK 90% bought on tick where interest rates make a big difference.

No they don't. 85% of new car purchases in the US are financed through loans.

Either way, it seems like Porsches are increasingly bought by the aspirational class in the UK, as opposed to the US where they seem to be bought by much wealthier people. When testing the Macan, Savagegeese reported that the average household income for the average Macan buyer over was over $400k USD. I'd be surprised if it's even half that in the UK.

Edited by rawenghey on Wednesday 13th March 13:05

[Gregmitchell]

rawenghey said:

webstercivet said:

ChrisW. said:

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

And just to remind "us in the UK" that most Stateside purchasers pay cash ... where-as in the UK 90% bought on tick where interest rates make a big difference.

No they don't. 85% of new car purchases in the US are financed through loans.

Either way, it seems like Porsches are increasingly bought by the aspirational class in the UK, as opposed to the US where they seem to be bought by much wealthier people. When testing the Macan, Savagegeese reported that the average household income for the average Macan buyer over was over $400k USD. I'd be surprised if it's even half that in the UK.

Edited by rawenghey on Wednesday 13th March 13:05

The US is a completely different market, there's a st load more people, and their wages are much more than in the UK, which results in more cash to spend on fun things.

[Youforreal.]

Gregmitchell said:

rawenghey said:

webstercivet said:

ChrisW. said:

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

And just to remind "us in the UK" that most Stateside purchasers pay cash ... where-as in the UK 90% bought on tick where interest rates make a big difference.

No they don't. 85% of new car purchases in the US are financed through loans.

Either way, it seems like Porsches are increasingly bought by the aspirational class in the UK, as opposed to the US where they seem to be bought by much wealthier people. When testing the Macan, Savagegeese reported that the average household income for the average Macan buyer over was over $400k USD. I'd be surprised if it's even half that in the UK.

Edited by rawenghey on Wednesday 13th March 13:05

The US is a completely different market, there's a st load more people, and their wages are much more than in the UK, which results in more cash to spend on fun things.

really?…..buying a car as you think it could help bring you better social status…..sad as.

[Ed.Neumann]

PaulD86 said:

Ed.Neumann said:

My old man asked how much.

The base Macan EV with no options which was £69,800, with £5,500 down, was £2,100 a month.

Seriously, who the feck is going to buy one, even those who really like the idea of it, like my old man, just laughed.

Not sure what term that was but if we assume 36 months then 36 x £2100 = £75,600. So deposit and payments of £80,600. If this was PCP, was the GFV £0? Or was this an HP quote?

I just checked as I thought my old man had probably got it all arse about tit as usual, but it looked right.

However, on looking closer it seems that they had put the Final payment at £36 and not £36k.

So no wonder it was looking so bloody high as a monthly.

With the correct GFV it is £1250 a month, much better.

That makes far more sense, and with 20% down, £14k it comes in at sub £100 a month, about £300 more than a Macan S. Which I'm sure would be offset with fuel savings before even thinking about BIK and tax write downs.


It did seem crazy high, but unlike you, didn't stop and do some basic maths in my head!

[Hobo]

Ed.Neumann said:

I just checked as I thought my old man had probably got it all arse about tit as usual, but it looked right.

However, on looking closer it seems that they had put the Final payment at £36 and not £36k.

So no wonder it was looking so bloody high as a monthly.

With the correct GFV it is £1250 a month, much better.

That makes far more sense, and with 20% down, £14k it comes in at sub £100 a month, about £300 more than a Macan S. Which I'm sure would be offset with fuel savings before even thinking about BIK and tax write downs.


It did seem crazy high, but unlike you, didn't stop and do some basic maths in my head!

Looking at the current EV 'used' market, £36 may be a more realistic figure than £36,000

[ChrisW.]

webstercivet said:

ChrisW. said:

unrepentant said:

Buster73 said:

andymc said:

24 month waiting list, just spoke to my local dealer

Believe what a Porsche dealer tells you and you’ll believe anything.

We're sold out of our initial allocations of both models and have a waiting list. Not 24 months yet but into 2025. We also have a lot of people who want to see it before ordering. Once we get the demos I expect to see the lists grow.

And just to remind "us in the UK" that most Stateside purchasers pay cash ... where-as in the UK 90% bought on tick where interest rates make a big difference.

No they don't. 85% of new car purchases in the US are financed through loans.

We are talking about Porsches. It's my understanding that Unrepentant said that 90% of his customers paid cash. Maybe this was just for the GT cars but I'm confident that he will update us on this ....

[Gregmitchell]

2Fast2slow said:

Youforreal. said:

really?…..buying a car as you think it could help bring you better social status…..sad as.

Sad but very true in the UK with all aspirational goods.

Same with many things, cars, watches, clothes, instagram posts, holidays, all trying to keep up with the Jones's so to say.

[LamedonM]

I don’t understand why you would spend so much in order to impress others. I do like nice things on others though. I only buy things for my own enjoyment and sometimes get embarrassed for owning them

[unrepentant]

Porsche overwhelmed by orders for Macan EV

https://insideevs.com/news/712077/porsche-macan-el...

[unrepentant]

ChrisW. said:

We are talking about Porsches. It's my understanding that Unrepentant said that 90% of his customers paid cash. Maybe this was just for the GT cars but I'm confident that he will update us on this ....

I don’t remember saying that. Certainly a lot of 911 customers do pay cash but the majority of Taycan, Macan and Cayenne buyers pay with some sort of finance whether it be loan or lease. Some also pay cash.

[86]

unrepentant said:

Porsche overwhelmed by orders for Macan EV

https://insideevs.com/news/712077/porsche-macan-el...

FOMO !!

[unrepentant]

86 said:

unrepentant said:

Porsche overwhelmed by orders for Macan EV

https://insideevs.com/news/712077/porsche-macan-el...

FOMO !!

Not sure about that. I think it’s a cracking vehicle. I just got another order this morning. The first in the new colour “Provence”. Looking forward to seeing that.

[Hobo]

Hopefully for the prospective owners Porsche have sorted out the issued with the Taycan, ie their first full EV, as from the owners I know they won't go near another Porsche EV again.

The Macan does look a great car, and will clearly appeal to many company car owners due to the BIK/tax benefits of such, so will no doubt sell in massive numbers, which will hopefully allow Porsche to continue to build 'proper' cars