Porsche OPC and changing car yearly - Page 1 - Porsche General - PistonHeads UK

I recently took a porsche Cayenne out on a test drive and while chatting to the saleman he seemed to think that they had customers who changed their car every year so as to always be in the latest and greatest and avoid as much depreciation as possible. He said they had some who literally ordered their next cars while collecting their new one. Is this really true or was he trying to sell me a line about the porsche brand and how much value would be remaining in a car after 12 months?

It is true.... If you believe in long lead times, appreciating second hand cars - it makes sense. Depreciation free motoring for cash buyers is a thing. But how long will it last? I plan to order another Taycan when mine arrives. And some on this board are probably onto their 3rd taycan. Urus are still above list; 4 years later!

I find it really difficult to comprehend why anyone would buy a Lamborghini Urus new at retail price let alone paying overs for a used one

Yep, it is true. I picked up a Taycan CT in October and placed a deposit for a Macan electric at the same time. Order a 911 also in advance of my 718 becoming 3 years old. I best PCGB are rubbing there hands together.

somouk said: I recently took a porsche Cayenne out on a test drive and while chatting to the saleman he seemed to think that they had customers who changed their car every year so as to always be in the latest and greatest and avoid as much depreciation as possible. He said they had some who literally ordered their next cars while collecting their new one. Is this really true or was he trying to sell me a line about the porsche brand and how much value would be remaining in a car after 12 months? You need to separate out the current market with inflated residuals from normal times as the former is not really relevant to the point. Sure a Porsche is a relatively low depreciation car but when you factor in options and dealer margin then this choice is for vanity not financial reasons. In normal markets cars depreciate more in year 1 than, say, years 2 and 3 and the dealer margin is the same whether you average over 1, 2, or 3 years. Keeping the car for longer will cost less per annum - 2021 & 22 aside - but no one buys a Porsche to save money so I fully understand why some people change every year.

I think this is the key for me, I’d be looking for it to be sensible financially but want to scratch the Porsche itch at some point. Coming up to 40th and this might be the man math stimulus that I need. If it was a case of changing car every year and only putting in a couple of K then that would be fine, I wonder if it happens on PCP as much as it would for cash buyers.

Plenty of people do this…a lot fo them are those wanting to be in pole position for GT cars or other hot cars. Get an early Turbo S and you can run it for six months pretty much depreciation free whatever the market is like. However doesn’t always work….lots of people tried it with early 992 Carrera’s and got shafted as there were a lot around.

somouk said: I recently took a porsche Cayenne out on a test drive and while chatting to the saleman he seemed to think that they had customers who changed their car every year so as to always be in the latest and greatest and avoid as much depreciation as possible. He said they had some who literally ordered their next cars while collecting their new one. Is this really true or was he trying to sell me a line about the porsche brand and how much value would be remaining in a car after 12 months? Hmmm...this makes no sense from a depreciation prespective as under normal circumstances cars typically depreciate the most in the first year. It remains to be seen if the last 20 months or so was an anomaly or if it become the norm (supply chain issues, semi conductor shortfall, inflation etc) .

Once 911s hit the £50-40K they seem to enjoy a very flat depreciation curve for the next 3-4 years if the mileage isn’t excessive. Probably a bit of a sweet spot for those not at the top of the GT queue.

Cheib said: Plenty of people do this…a lot fo them are those wanting to be in pole position for GT cars or other hot cars. Get an early Turbo S and you can run it for six months pretty much depreciation free whatever the market is like. However doesn’t always work….lots of people tried it with early 992 Carrera’s and got shafted as there were a lot around. I know of an example of early 992 purchaser catching a cold, and that was after he let the salesman spec it for resale! Edit addition, had he have kept out longer the lockdown and chip shortage increase in value would have seen him right. Don’t you also have to pay a hefty first year road tax surcharge ?

With lead times now at 2 years even for a basic Carrera S the writing is on the wall for rock solid residuals and effective free motoring for some cosiderable time.

av185 said: With lead times now at 2 years even for a basic Carrera S the writing is on the wall for rock solid residuals and effective free motoring for some cosiderable time. Better sell now….. https://www.collinsdictionary.com/dictionary/engli...

Koln-RS said: av185 said: With lead times now at 2 years even for a basic Carrera S the writing is on the wall for rock solid residuals and effective free motoring for some cosiderable time. Better sell now….. https://www.collinsdictionary.com/dictionary/engli... : Ok then, the writing is on the wall for used buyers as prices rise. :

David W. said: Cheib said: Plenty of people do this…a lot fo them are those wanting to be in pole position for GT cars or other hot cars. Get an early Turbo S and you can run it for six months pretty much depreciation free whatever the market is like. However doesn’t always work….lots of people tried it with early 992 Carrera’s and got shafted as there were a lot around. I know of an example of early 992 purchaser catching a cold, and that was after he let the salesman spec it for resale! Edit addition, had he have kept out longer the lockdown and chip shortage increase in value would have seen him right. Don’t you also have to pay a hefty first year road tax surcharge ? Yup most OPC’s had four or five 992’s sat around looking for a buyer about six months after launch. Lots of people thought they could run them for the summer and then sell and get out before too many cars hit the market. Personally think there’s more to this “car shortage” than we’re being told….because if you look at Porsche sales in the US they are higher than they were in 2019 (there was a big dip in 2020 but it has bounced back and more in 2021). So for some miraculous reason they’re not experiencing a reduced delivery of new cars because of a the “chip shortage”. Maybe the UK has lost out on its allocation of cars from global production or something ?

Cheib said: David W. said: Cheib said: Plenty of people do this…a lot fo them are those wanting to be in pole position for GT cars or other hot cars. Get an early Turbo S and you can run it for six months pretty much depreciation free whatever the market is like. However doesn’t always work….lots of people tried it with early 992 Carrera’s and got shafted as there were a lot around. I know of an example of early 992 purchaser catching a cold, and that was after he let the salesman spec it for resale! Edit addition, had he have kept out longer the lockdown and chip shortage increase in value would have seen him right. Don’t you also have to pay a hefty first year road tax surcharge ? Yup most OPC’s had four or five 992’s sat around looking for a buyer about six months after launch. Lots of people thought they could run them for the summer and then sell and get out before too many cars hit the market. Personally think there’s more to this “car shortage” than we’re being told….because if you look at Porsche sales in the US they are higher than they were in 2019 (there was a big dip in 2020 but it has bounced back and more in 2021). So for some miraculous reason they’re not experiencing a reduced delivery of new cars because of a the “chip shortage”. Maybe the UK has lost out on its allocation of cars from global production or something ? Tend to think this in part has been accentuated by the US Cafe regulations on emission targets as VW group were facing huge fines pre covid and now appear to be dumping their most polluting cars including Porsche favouring the American market hence the big reduction in cars for the UK market.

xxxx5 said: Yep, it is true. I picked up a Taycan CT in October and placed a deposit for a Macan electric at the same time. Order a 911 also in advance of my 718 becoming 3 years old. I best PCGB are rubbing there hands together. How did you place a deposit for a electric Macan, my opc would not take a deposit on one in November and would only register my interest, could you share the opc so i can place a deposit with them, i would be quite happy to stick 2 fingers up at my local arrogant OPC

Same. Car unnannouced = an inability to deposit against it (formally). In my limited experience. Advice was from my OPC too.

av185 said: Koln-RS said: av185 said: With lead times now at 2 years even for a basic Carrera S the writing is on the wall for rock solid residuals and effective free motoring for some cosiderable time. Better sell now….. https://www.collinsdictionary.com/dictionary/engli... : Ok then, the writing is on the wall for used buyers as prices rise. : Except in two years time when all those cars turn up at the dealers. Before then too probably.