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Covid-19 - are you cancelling?

Are you cancelling due to Covid-19


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Chuck J

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Lovely!

Chuck J
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Jdqt458

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Totally agree but what I don't want is to buy a £100k car which after a few weeks of delivery the dealers are flogging for £15k off list price.
The ‘ Get Out Quick ‘ has already commenced with many dealers listings Taycan for sale .
Have never seen main Porsche dealers advertising cars before they even arrive in the UK.
Very very concerning.

Porsche Taycan Covid-19 - are you cancelling? 3948C8E2-7636-4D55-B6FF-00B88C8CDF0D
 
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GDHazy

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The ‘ Get Out Quick ‘ has already commenced with many dealers listings Taycan for sale .
Have never seen main Porsche dealers advertising cars before they even arrive in the UK.
Very very concerning.

3948C8E2-7636-4D55-B6FF-00B88C8CDF0D.png
Why is it concerning? If people have cancelled their orders they will have stock that they need to shift. Any business that has an asset that depreciates will need to sell it as quick as possible. Plus they have miles on the clock, so demo cars maybe?
 

Jdqt458

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Why is it concerning? If people have cancelled their orders they will have stock that they need to shift. Any business that has an asset that depreciates will need to sell it as quick as possible. Plus they have miles on the clock, so demo cars maybe?
Concerning ? — as TAYC4N just quoted having just purchased to see the value falling .
 

GDHazy

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Concerning ? — as TAYC4N just quoted having just purchased to see the value falling .
Erm its a car, it loses at least 15-20% as soon as you touch it. Plus if it's on PCP you have a GFV anyway if you keep it for the term that they cant go back on
 


Jdqt458

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Erm its a car, it loses at least 15-20% as soon as you touch it. Plus if it's on PCP you have a GFV anyway if you keep it for the term that they cant go back on
For your sake I hope you are right — but in reality I am afraid « Big Bath » comes to mind .
 
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TAYC4N

TAYC4N

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Some manufacturers have pulled PCP deals on their cars and are now only doing Leased Payments which is the same as PCP but without the option of a guaranteed balloon and option to hand back. Will be interesting to see if Porsche do this on the Taycan.

As for GDhazy’s comment about a “car” losing 20% as soon as driven out of a showroom - I have owned quite a few Porsches at launch and this has not been the case with any of them. Ive managed to get out after around 12 months of ownership pretty much at what I paid. These include a Macan and a few new 911 launches. It is certainly concerning to see car’s being discounted so early!
 


Reg

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Well, not too surprising, my car delivery moved out another month. It was in production for 12 days before being put into storage - it almost made it to completion but now is stuck.

My delivery date has moved from March to April to May to June and now to the end of July.

I know the world is going through hard times and even worse, is facing a lot of uncertainty, so this is such a trivial thing to even think about, but since this forum is discussing this (for me it is a big distraction to the craziness out there), I am sharing this info.

Not really crazy about the idea of my car being in partial completion status for effectively 3 months. It may be better to just cancel the order and try again later. Really don't know.
 
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TAYC4N

TAYC4N

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a $5k discount on a $160k+ car is not all that concerning especially if that $5k essentially came from someone forfeiting their deposit.
Well according to chuck it was much more (cost + 5%) and what I equate to be around 15% off not 5k off. Retailer margins are around 20% with targets
 

Reg

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Well according to chuck it was much more (cost + 5%) and what I equate to be around 15% off not 5k off. Retailer margins are around 20% with targets
I thought he said that he got $5k for $1k. I took that as a $5k discount and he had to pay $1k for shipping the car to him.
 
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TAYC4N

TAYC4N

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Waiting for the man of the moment to shed some light :D
 
 








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