Minimum extras spend to accept an order?!

[Jiggins]

Hi All,

I placed an order (via my company lease scheme) early last week for a GTS ST, or at least I thought I did.

I have just been told by the lease company that the dealer is unable to accept my order based on the amount of extras I had chosen (£9K worth). They said this particular dealer has stated that they are only accepting orders with a minimum of £16K of extras just in case they need to resell the car, which quite frankly seems bonkers!

Anyone else seen this? I believe this was via Helston Garages who run the Porsche Exeter dealership.

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[TaycanHero]

£16k extras on a Porsche is small change.

£300 to paint some wing mirror stalks black, £500 for some alu door sills, £700 for a different clockface...

If you are doing this via salary sacrifice then over 2-3 years, will you really notice much difference monthly with an extra £7k optioned?

 

[WuffvonTrips]

(Caveat:I've never leased so I might be wrong about this, but...) I suggest speaking to the dealer direct to get a clearer understanding. Ultimately it's down to them how they assign their allocation to customers (regardless of when orders were placed). Obviously they'd rather make higher value sales, but isn't the concern about resale more relevant to the lease company rather than the dealer? Also, £16k of random Porsche options might even make resale harder.

 

[XKSS]

That's crazy - I had less extras than that (£6k) (& no pan roof) and have the Porsche used car buyer calling me regularly to buy mine back as they have buyers queueing up....level of extras is irrelevant - there'll always be a willing Porsche buyer unless you pick certain marginal colours ....order what you want or get the lease co. to buy it elsewhere

 

[Jiggins]

£16k extras on a Porsche is small change.

£300 to paint some wing mirror stalks black, £500 for some alu door sills, £700 for a different clockface...

If you are doing this via salary sacrifice then over 2-3 years, will you really notice much difference monthly with an extra £7k optioned?

Yes, super easy to end up with hefty extras list if you go for all the silly bits! The costs is effectively amortised over the lease term, but it's more the principle!

(Caveat:I've never leased so I might be wrong about this, but...) I suggest speaking to the dealer direct to get a clearer understanding. Ultimately it's down to them how they assign their allocation to customers (regardless of when orders were placed). Obviously they'd rather make higher value sales, but isn't the concern about resale more relevant to the lease company rather than the dealer? Also, £16k of random Porsche options might even make resale harder.

Yes, interesting point. The lease company have now said they've found an alternate dealer who will accept the options as I have them so all very odd - but it does sound like it is a dealer pushing back on the order rather than the lease company looking to make for a more saleable car after lease.

 

[Yorkshirepuds]

They said this particular dealer has stated that they are only accepting orders with a minimum of £16K of extras just in case they need to resell the car, which quite frankly seems bonkers!

Bonkers maybe if that's really the motivation.... but I was always under the impression that the dealers made big margins out of options, so with a car in such high demand they would likely prefer to see that the allocation went to someone who was spending big on options rather than let it go to a buyer who was going to give them less profit.

 

[G7SUM]

Are they giving you an indication of possible build?

 

[TaycanHero]

Yes, super easy to end up with hefty extras list if you go for all the silly bits! The costs is effectively amortised over the lease term, but it's more the principle!

...

Jiggins, just do it! You only live once and none of us are getting any younger.

It is an incredible car, something you will always look back on and smile. The Taycan is almost the Model T of the EV world and will be in the history books at the infancy of a new age in automobiles.

Just option the £7k and don't think more about it.

Just think of your enjoyment driving the thing, and the fortune you have to even be able to own one vs 99% of the population.

Fretting over £7k when you are already spending £110k ??

 

[Miwa]

Dealers only get so many cars. I can see not wanting stripper orders on a non-base model.

Also, unless you are paying in full at order time, the dealer has to worry about what to do about a cancelled order. That's why there can be pretty hefty deposits required for ugly or stripped out configs.

 

[Evpower]

Jiggins, just do it! You only live once and none of us are getting any younger.

It is an incredible car, something you will always look back on and smile. The Taycan is almost the Model T of the EV world and will be in the history books at the infancy of a new age in automobiles.

Just option the £7k and don't think more about it.

Just think of your enjoyment driving the thing, and the fortune you have to even be able to own one vs 99% of the population.

Fretting over £7k when you are already spending £110k ??

 

[Lansford]

Problem is with demand being so high, there is no room to negotiate. In some ways consider yourself lucky -- at least they are not charging over the MSRP. This way at least if you do spend more, it is not just money going to the dealer but at least a few nice options for you. Good luck.

 

[Discohead]

Guess that is how UK dealers can get around not being able to sell over list. Sellers market.

 

[Jamesca]

Jiggins, just do it! You only live once and none of us are getting any younger.

It is an incredible car, something you will always look back on and smile. The Taycan is almost the Model T of the EV world and will be in the history books at the infancy of a new age in automobiles.

Just option the £7k and don't think more about it.

Just think of your enjoyment driving the thing, and the fortune you have to even be able to own one vs 99% of the population.

Fretting over £7k when you are already spending £110k ??

Sorry but that's terrible advice!

 

[Jamesca]

Yes, super easy to end up with hefty extras list if you go for all the silly bits! The costs is effectively amortised over the lease term, but it's more the principle!



Yes, interesting point. The lease company have now said they've found an alternate dealer who will accept the options as I have them so all very odd - but it does sound like it is a dealer pushing back on the order rather than the lease company looking to make for a more saleable car after lease.

Good to hear another dealer has accepted the order, is it a salary sacrifice scheme you are using?

As it's lease it might be that the original dealer want's to make more money from deal and so is pushing the options aspect. I believe the majority of options don't make a difference in terms of GFVs and so for leasing and PCP it means more profit as they often spead the cost of the options over the term.

 

[bah1590]

Bonkers maybe if that's really the motivation.... but I was always under the impression that the dealers made big margins out of options, so with a car in such high demand they would likely prefer to see that the allocation went to someone who was spending big on options rather than let it go to a buyer who was going to give them less profit.

I agree. I think its the profit they can make off the options. The more options the bigger the profit.

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