Best time of the year to grab a bargain on a used 992?
Best time of the year to grab a bargain on a used 992?
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Discussion

truekumar

Original Poster:

482 posts

85 months

Saturday 28th October 2023
quotequote all
Hi guys,

Im in the market for a fairly new 'low mileage' used Porsche 992 base Carrera

When do you think would be the best time of the year to grab a bargain on a 992 Coupe? I was thinking maybe mid December when activity is low with these types of cars, people busy with Christmas and winter season so not much buyer activity? Or maybe in the New Year??

Any other months that you guys recommend??

GT4P

5,605 posts

201 months

Saturday 28th October 2023
quotequote all
Usually end of quarter/end of year.
But with the way the market is anytime might be good if you see the car you like.

stuckmojo

3,492 posts

204 months

Saturday 28th October 2023
quotequote all
I'd wait until next year if you want to see prices dropping.

But if you want the car, near year end could be a good time.

truekumar

Original Poster:

482 posts

85 months

Saturday 28th October 2023
quotequote all
stuckmojo said:
I'd wait until next year if you want to see prices dropping.

But if you want the car, near year end could be a good time.
Yes i've heard that the 992.2 is due to be released around Spring next year so that may affect the prices of 992.1 and im guessing the prices could drop further next year but to be honest I'm ready to buy now and have been waiting quite a while so may just take the plunge on something I like.

When you say year end, should I be looking just after Christmas then? Maybe Boxing Day onwards? Or wait until New Years? Im guessing quarter end and year end would be late December to grab the best bargain? Or later in January/February when it is really cold and no one wants sports cars??

bennno

13,931 posts

285 months

Saturday 28th October 2023
quotequote all
truekumar said:
Hi guys,

Im in the market for a fairly new 'low mileage' used Porsche 992 base Carrera

When do you think would be the best time of the year to grab a bargain on a 992 Coupe? I was thinking maybe mid December when activity is low with these types of cars, people busy with Christmas and winter season so not much buyer activity? Or maybe in the New Year??

Any other months that you guys recommend??
Whats your budget and are you buying for cash, or from a dealer with finance etc?

Nuttbelle

537 posts

26 months

Saturday 28th October 2023
quotequote all
Mid December.

The big PLC dealers will be trying to get their stock holding down for year end accounts and porsche will be pushing them for new car regs as well with pre regs

truekumar

Original Poster:

482 posts

85 months

Saturday 28th October 2023
quotequote all
bennno said:
truekumar said:
Hi guys,

Im in the market for a fairly new 'low mileage' used Porsche 992 base Carrera

When do you think would be the best time of the year to grab a bargain on a 992 Coupe? I was thinking maybe mid December when activity is low with these types of cars, people busy with Christmas and winter season so not much buyer activity? Or maybe in the New Year??

Any other months that you guys recommend??
Whats your budget and are you buying for cash, or from a dealer with finance etc?
Budget around £80k, probably put down about £60k and finance the other £20k

truekumar

Original Poster:

482 posts

85 months

Saturday 28th October 2023
quotequote all
Nuttbelle said:
Mid December.

The big PLC dealers will be trying to get their stock holding down for year end accounts and porsche will be pushing them for new car regs as well with pre regs
So would you say before Christmas or just after? I’d be looking at a used 992 with low mileage, so I’m guessing this sort of thing would be in their inventory of stock holding that they would want to reduce down for year end accounts?

Nuttbelle

537 posts

26 months

Saturday 28th October 2023
quotequote all
truekumar said:
So would you say before Christmas or just after? I’d be looking at a used 992 with low mileage, so I’m guessing this sort of thing would be in their inventory of stock holding that they would want to reduce down for year end accounts?
Before Xmas, a lot of decision makers will be off from 22nd

truekumar

Original Poster:

482 posts

85 months

Sunday 29th October 2023
quotequote all
Nuttbelle said:
truekumar said:
So would you say before Christmas or just after? I’d be looking at a used 992 with low mileage, so I’m guessing this sort of thing would be in their inventory of stock holding that they would want to reduce down for year end accounts?
Before Xmas, a lot of decision makers will be off from 22nd
You think so?

So I’m guessing anytime between 15th December and around 21st December, I should be able to gain a decent bargain and maybe haggle a little?

I’ve found a couple with specs that I like, hope they are still around by then. If not, I’m sure they’ll be plenty still around in Dec.

paul0843

1,932 posts

223 months

Sunday 29th October 2023
quotequote all
truekumar said:
bennno said:
truekumar said:
Hi guys,

Im in the market for a fairly new 'low mileage' used Porsche 992 base Carrera

When do you think would be the best time of the year to grab a bargain on a 992 Coupe? I was thinking maybe mid December when activity is low with these types of cars, people busy with Christmas and winter season so not much buyer activity? Or maybe in the New Year??

Any other months that you guys recommend??
Whats your budget and are you buying for cash, or from a dealer with finance etc?
Budget around £80k, probably put down about £60k and finance the other £20k
[/quote
If I was looking to spend this amount of money,I would be buying brand new .

bennno

13,931 posts

285 months

Sunday 29th October 2023
quotequote all
paul0843 said:
Budget around £80k, probably put down about £60k and finance the other £20k
[/quote
If I was looking to spend this amount of money,I would be buying brand new .
Where would you expect to find a base model new 992 with no extras and a 20k discount?

truekumar

Original Poster:

482 posts

85 months

Sunday 29th October 2023
quotequote all
bennno said:
paul0843 said:
Budget around £80k, probably put down about £60k and finance the other £20k
[/quote
If I was looking to spend this amount of money,I would be buying brand new .
Where would you expect to find a base model new 992 with no extras and a 20k discount?
I’m not looking for a brand new one. I’m looked at low mileage ‘used’ and some are already around £81-£84k

bennno

13,931 posts

285 months

Sunday 29th October 2023
quotequote all
truekumar said:
bennno said:
paul0843 said:
Budget around £80k, probably put down about £60k and finance the other £20k
[/quote
If I was looking to spend this amount of money,I would be buying brand new .
Where would you expect to find a base model new 992 with no extras and a 20k discount?
I’m not looking for a brand new one. I’m looked at low mileage ‘used’ and some are already around £81-£84k
Agreed, I was replying to prior comment made by another that he'd buy a new one with that budget - which he wouldn't as you can't.

In all seriousness Id just keep a close eye on the porsche uk web site as occasionally cars come up that are being sold below market.

992 wise theres a 4 y/o 22k mile gt silver for £81.5k and a 3 y/o 13.5k mile red car for £86k - both appear ok value, particularly the silver one

If buying a car outside of manufacturer new car warranty then i'd buy from a main dealer.


paul0843

1,932 posts

223 months

Sunday 29th October 2023
quotequote all
bennno said:
paul0843 said:
Budget around £80k, probably put down about £60k and finance the other £20k
[/quote
If I was looking to spend this amount of money,I would be buying brand new .
Where would you expect to find a base model new 992 with no extras and a 20k discount?
I wouldn’t expect to find a 992 with a £20k discount.
What I am saying is that £20k,(maybe even less) is not enough of a discount for me not to want a brand new one.

I think it’s worth paying to have a brand new car and be the first owner.
Paul

truekumar

Original Poster:

482 posts

85 months

Sunday 29th October 2023
quotequote all
bennno said:
Agreed, I was replying to prior comment made by another that he'd buy a new one with that budget - which he wouldn't as you can't.

In all seriousness Id just keep a close eye on the porsche uk web site as occasionally cars come up that are being sold below market.

992 wise theres a 4 y/o 22k mile gt silver for £81.5k and a 3 y/o 13.5k mile red car for £86k - both appear ok value, particularly the silver one

If buying a car outside of manufacturer new car warranty then i'd buy from a main dealer.
Cool, thanks for the heads up in regards to keeping a close eye on the Porsche UK website. May I ask, does the Porsche website show vehicles that are not advertised on Autotrader??

truekumar

Original Poster:

482 posts

85 months

Sunday 29th October 2023
quotequote all
paul0843 said:
I wouldn’t expect to find a 992 with a £20k discount.
What I am saying is that £20k,(maybe even less) is not enough of a discount for me not to want a brand new one.

I think it’s worth paying to have a brand new car and be the first owner.
Paul
Unfortunately, I don't have the extra £20k in my budget.

9k rpm

580 posts

226 months

Sunday 29th October 2023
quotequote all
If you are buying on a PCP it may be worth looking at the C2S as well. The increased residuals sometimes mean the monthly payment is the virtually the same as a base Carrera with the same deposit but a on a more expensive car. I found this to be the case when I bought my C2S from a Porsche main dealer in April.

truekumar

Original Poster:

482 posts

85 months

Monday 30th October 2023
quotequote all
9k rpm said:
If you are buying on a PCP it may be worth looking at the C2S as well. The increased residuals sometimes mean the monthly payment is the virtually the same as a base Carrera with the same deposit but a on a more expensive car. I found this to be the case when I bought my C2S from a Porsche main dealer in April.
Hmmm...intresting, I didn't realise that the residuals are better on a C2S. Yeah, i'd be looking to put down around £60k and the rest on a loan or possibly PCP, depending on the rates available. I want to own the car outright within around 3-4 years, so not sure on the best option for me.

Ed.Neumann

957 posts

24 months

Monday 30th October 2023
quotequote all
Sorry, deleted my reply.

£80k with £60k down and a loan for £20.

I would wait till after xmas. I reckon year old ones at 80k by then, new Carrera T's now sub £100k, so used ones need to be that price to get people to bite.