New Porsches appreciating - cheapest way in
New Porsches appreciating - cheapest way in
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Discussion

Z4MCSL

Original Poster:

578 posts

103 months

Tuesday 21st September 2021
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So more and more people I know have managed to get on to the Porsche "escalator" and whilst it seems to be mysterious exactly how it works it seems clear that once you get up to a certain level, essentially where you cannot just go and order a car, then they appreciate immediately, from day 1 and people seem to ride this upwards and enjoy some amazing machinery with the added benefit of having made a tidy sum when they come to sell.


My question is, what is the best way to start out with this in mind?

guyvert1

2,144 posts

262 months

Tuesday 21st September 2021
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mmm... Buy a Porsche ?

Ziplobb

1,502 posts

304 months

Tuesday 21st September 2021
quotequote all
Z4MCSL said:
My question is, what is the best way to start out with this in mind?
apparently its very straightforward
Go into a dealer and buy a one of theose Caynene things and a maybe a Macan thing for your missus. Do this every 6 months and finance the hell out of them. Get all the extras especially the stuff that teh salesman gets commission on. Eventually they will offer you a GT car.

James44

268 posts

189 months

Tuesday 21st September 2021
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You'd need to work out the numbers on a long timeframe ... That £50k you make on the GT car may be less than the hit you've taken on 2 Cayennes, a Macan and the carbon fibre indicator stalks you specified for them.

Koln-RS

4,068 posts

232 months

Tuesday 21st September 2021
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The current market isn’t a true reflection of the norm.

In normal times you buy a Porsche and it depreciates the moment you drive out of the showroom. The biggest running cost is usually the depreciation.

At the moment everything is pretty distorted.

bigmowley

2,419 posts

196 months

Tuesday 21st September 2021
quotequote all
In my case, and probably many others, it’s a long term commitment to the brand rather than jumping onto the escalator.

I have owned Porsche cars almost all my driving life, starting out with older ones first. I did have a Carrera GT in the early 80’s which was a particular highlight. I have also raced Porsches in the Porsche club in the late 80’s and early 90’s. One slowly moves up the hierarchy of models as funds etc allow. You develop a relationship with a few people and dealers en route and can usually get the cars you want. Remember right up to 997 Gen2 there was no mad panic on GT3 allocation, you just ordered one! I currently have 3 Porsches on the fleet with another one incoming so I probably count as a reasonable client at my OPC.

The other way is just to start a YouTube channel, or become an “influencer” on the ‘gram. Get whatever you want then smile

RudeBoy

405 posts

52 months

Tuesday 21st September 2021
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Was at my local OPC yesterday and they did not have one new car for sale but quite a few pre-owned “cooking” models with huge “overs” £20k plus on a 6 month old Targa and other eye watering prices on older 991s.

IMI A

9,912 posts

221 months

g7jhp

7,022 posts

258 months

Tuesday 21st September 2021
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Buy a nice second hand 911 2wd manual coupe which has done it's depreciation.


Kawasicki

14,035 posts

255 months

Tuesday 21st September 2021
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g7jhp said:
Buy a nice second hand 911 2wd manual coupe which has done it's depreciation.
yep, and don‘t use it, or if you must drive only 200 miles a year, “quality miles“ though.

RudeBoy

405 posts

52 months

Tuesday 21st September 2021
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IMI A said:
Looks like the Youtuber TGE’s car?

julian987R

6,840 posts

79 months

Tuesday 21st September 2021
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RudeBoy said:
IMI A said:
Looks like the Youtuber TGE’s car?
It is indeed

av185

20,464 posts

147 months

Tuesday 21st September 2021
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Unfortunately since around 2015 the ££ gravytrain ship has long since sailed. It will now cost you bigtime to get any Porsche GT allocations with little or no buying history.

Rather like discussing property values round the dinner table. Or buying tech shares at their peak. Once every man and his dog are onto the idea unfortunately but predictably it is a closed shop. And you will lose money.

Essentially It all started with the 991.1. GT3.

Unfortunately you are 7 years too late.

Bitcoin may give you a better return.


IMI A

9,912 posts

221 months

Wednesday 22nd September 2021
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julian987R said:
RudeBoy said:
IMI A said:
Looks like the Youtuber TGE’s car?
It is indeed
Seems very expensive. There are also special edition 991.2 GTS 4 for £135k at OPCs. Nuts.

Digga

45,130 posts

303 months

Wednesday 22nd September 2021
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Van Halen said:
I cannot get there from here, baby
And I don't care where I'm goin'
The ship sailed. People being offered builds for new GT cars are:
A.) very long term customers
3.) spending a st ton of money on buying other Porsche cars, which often incur huge depreciation
b.) IMHO all the best GT cars have already been made anyway

Starting now and not wanting to hose money on the thing, I'd be more inclined to look for things likely to appreciate more.

Early Boxsters are inexplicably unloved.

Early 996.1 & 2 GT3's still exceptionally good value, compared to say an BMW M3 CLS.

All 997 GT3's carry a huge chunk of the essence of the 997.2 GT3 RS 4 litre, but don;t cost £300k for a LHD example.

Chamon_Lee

3,948 posts

167 months

Wednesday 22nd September 2021
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James44 said:
You'd need to work out the numbers on a long timeframe ... That £50k you make on the GT car may be less than the hit you've taken on 2 Cayennes, a Macan and the carbon fibre indicator stalks you specified for them.
I was just about to say the depn alone on those cars would certainly massively outweight the gain on a GT car

Z4MCSL

Original Poster:

578 posts

103 months

Wednesday 22nd September 2021
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Id never really thought about the Boxsters - you are so right, old Boxsters are now silly money.

Might look into production numbers - considering how much of an impact they made when they came out it is odd how little love they get but then I am guessing there are just too many of them?

Freakuk

4,303 posts

171 months

Wednesday 22nd September 2021
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Already covered but if you want a GT car you either have 5-10 years of buying a new car every 6 months to get a sniff at a slot or just buy a 2nd hand one and pay an inflated price.

You need to estimate how much you're going to lose with the first scenario and timescales involved as to whether that is cheaper in the long run that option 2.

It's this that's made we walk away from the brand and how they treat their customers.

To add to this I have a good friend who's never had an expensive car, but put a deposit down on day one for a Lotus Emira, after a week or two and the potential long lead times he has shown an interest in GT4's, he called Porsche Bolton who point blank refused to even consider him as a potential GT customer (as expected), the second Porsche Preston were more receptive, stating that they may be able to secure a car and to come in to discuss options etc.... He tried to progress this but was told he was unlikely to get a build slot (no surprise) and what about buying a Cayman S as an introduction to the brand (and get you into the first scenario)... he politely declined and walked away.

julian987R

6,840 posts

79 months

Wednesday 22nd September 2021
quotequote all
IMI A said:
julian987R said:
RudeBoy said:
IMI A said:
Looks like the Youtuber TGE’s car?
It is indeed
Seems very expensive. There are also special edition 991.2 GTS 4 for £135k at OPCs. Nuts.
But this one is £40k less than what you compare against.

IMI A

9,912 posts

221 months

Wednesday 22nd September 2021
quotequote all
Are you saying cheap Julian? I'm pretty sure list was only £75k-£85k. Nice spec certainly but I couldn't part wth that sort of money for it. I'd rather buy a 991.1 GT3. The yellow one at JZM i bet you could buy for similar money as been up for sale for ages wink