When will used car prices drop?

[vahe]

Or will they? Any ideas? Just wondering.

[vahe]

I've been monitoring Porsche Approved Used closely: no changes noticed (so far).
A 50k mile 4 previous owner 2012 plain convertable 911 Carrera with the least attractive looks/interior is still priced at good old £47k. And it's the cheapest by far.

Edited by vahe on Saturday 18th April 21:50

[vahe]

av185 said:

Horrific colour scheme hearing aid beige with pipe and slippers club room walnut trim inside with mf wheel push pull gearchange and dogst brown paint outside!

Definitely did well to get even early £50ks especially as incomplete OPC history.

Every colour has its buyer ) not my cup of tea at all

[vahe]

Contacted one of Porsche dealerships regarding one of their cars. No sales available, until June at least. That particular car was on their website for 2 months now, but they didn't even manage the 111 point check yet. So basically they are like static garages for now.

[vahe]

Good used cars are disappearing from Porsche website like hot chips.
And that’s despite their showrooms closed and sales non operational yet.

[vahe]

Meanwhile, approved used Porsches are quickly disappearing.

[vahe]

I was talking to a rather disinterested and quite rude sales person today. When asked to negotiate on a Porsche they have in stock, he ranted about the sheer number of BMW i8's he claimed to have been sold recently, called me a timewaster and hang up. Seriously, how do they keep such people?