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02-28-2013, 04:09 PM | #45 |
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I can't comment on the US market but in the UK Porsche really hold their value well but not to the point where they don't depreciate. A 911 Turbo, for example, loses around £10K PA in the first few years. M6s (the E series) lose around £15k PA or even more when demand is poor. M5s tend to lose a bit less because they are almost identical in speed/acceleration but are cheaper and more practical.
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02-28-2013, 06:55 PM | #46 | |
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Also, in agreement with BImmer6. Here in Atlanta you lose your butt on sports car period. Deals on Porsches left and right. |
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02-28-2013, 09:19 PM | #47 |
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FYI, I am located in South FL and have had great success.. I can only speak from my personal experience. While I was considering the Porsche Panamera Turbo/GTS (what an awesome car by the way), I spoke to my sales advisor.. he was surprised I knew about this (I guess most don't?). We talked a lot about it.. and the options were there and they were attractive.
If anyone is near their end of lease term on a Porsche, I would encourage you to find out your buyout and then try to work a deal with porsche financial for a better buyout deal (work them a little if you can). Then go from there. If you can make a gain and it's enough of a gain, complete the buyout or get into a new one.. whatever makes most sense for you and your situation. @Stealth.Pilot PM me if you wanted more info about my last post. Are you seriously considering the Porsche Panamera (turbo or GTS)? I was, and also I was really impressed. The best part is the quality of the interior, doors, etc. It just blows away the M5. Also, the technology in that car is awesome (such as the dash with the various functions and info it displays). While that tech is a step up from the F10 M5, the Porsche navigation and 'computer' is a definite step down (hard to use, lack of flow, and too many buttons). The GTS is very cool (BTW you must get the ten thousand dollar exhaust option which is just a button that opens and closes valve.. hah). It sounds awesome and heck, the factory button is cool. However, the GTS is underpowered and feels a bit slow. The Turbo S is very quick, but much more expensive (around 200k). I did end up choosing the M5 and I put in an order for a very unique 2013 Individual F10 M5 (early march build date). I just liked it better (M5).. handling is better and more of a drivers car. But when you sit in the Porsche Panamera.. the quality is very impressive and that alone blinds you until the end of the test drive which falls a bit short of the M5. I came to the conclusion that I will probably go Panamera Turbo S in the future.. and price was not a factor.. the M5 was just more of a drivers car (as any M owner will understand). The M5 is a better overall package.. IMO. Both are great cars though and it's hard to go wrong either way.. it just depends what factors are more importaint to you (handling, quality, tech, etc). Goodluck stealth.. and look into the Lauderdale dealers (Porsche only though). |
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02-28-2013, 10:22 PM | #48 | |
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CURRENT: '24 M4C Conv
RETIRED : '23 M8C Conv | '20 X4 M40i | '18 M4 6MT | '13 M5 6MT | '08 550i 6MT | '04 545i 6MT | '98 540i 6MT | '94 530i 5MT | '84 528e 5MT Other retirees from Chevrolet, Buick, Subaru, Honda, Acura, Merkur(!), Volvo, Saab, Audi and Porsche |
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03-01-2013, 08:32 AM | #49 |
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Bingo who wants to pour money into a lease with no return. Please don't say it's a write off because that's just a bad accounting term to make poring money down the drain. I'm not a car flipper pay for it and drive them for a while. However good luck to ya
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03-03-2013, 07:33 AM | #50 |
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I am not a car flipper. This was my first time. I just sought out an opportunity. Why return my lease when I can buy it out and drop it off at CarMax for a 10k profit (I decided this was worth my time).
On a separate note.. if you like to lease, and you choose to lease a P Car you can get a new one every year without loosing.. because the dealer will make money on taking your car back (they will end up moving it). It's a win/win if you want a new P Car every year. Obviously, like any business deal, it can be attractive to some and not attractive to others. I mentioned this for someone that was interested in it. Take the info or not, just sharing my experience which I learned while I was deciding between Porsche and F10 M5. I personally always keep my cars for 2 years (besides my 2010 M5 for 3yrs to bridge the gap between E60-F10). I own M, AMG, and Porsche.. for some reason after 2 years / 35,000 miles these cars start to loose their magic (some worse than others).. and I treat my cars very well. Good luck guys. Last edited by avlnch; 03-03-2013 at 07:42 AM.. |
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03-03-2013, 07:43 AM | #51 | ||
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It simply doesn't make sense, either that or I can't read well; maybe that's my issue... I'm not kidding |
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03-03-2013, 07:46 AM | #52 | |
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