Photo: Porsche
It’s common knowledge that buying a new car isn’t an investment, it’s basically throwing money out the window. As the saying goes, the moment you went out the dealer’s gate, the value of your car instantly drops by at least 10 percent.
Classic cars, on the other hand, now those can be regarded as investments. Provided you choose a well taken care of vehicle, and you continue to conserve it properly over the years, you’ve got all the chances in the world to turn a profit when selling it later. Still, there are some risks and even if you do manage to make a profit, it usually takes a lot of time. The only way for that car to gain value is to age, and we know it all too well how that goes.
In recent months, though, a new trend has emerged in the UK. You know how exotic car makers such as Ferrari (and even Ford, now that it makes the GT supercar) protect their potential customers by only selling limited editions to people who really want them - to prevent immediate re-selling at higher prices? Well, it would appear that Porsche should do the same thing. And it’s not the 918 Spyder who’s in danger.
A free market can be a very crazy place. With prices dictated by supply and demand, they can be kept under control fairly easily as long as both those parameters are also maintained within certain margins. If one of them suddenly spikes one way or another, there’s chaos to be had.
In the UK, there is currently a chasm opening up between the supply and demand for the Porsche Macan luxury SUV. Customers have to wait for as long as eight months from placing the order until the actual car reaches them. Everyone who’s ever bought a new car knows that waiting for its delivery is the hardest part.
The high demand and low supply obviously have no effect over the price for a new car, because Porsche is in control of that. The used car market, on the other hand, that’s where things start to get more interesting.
According to the Daily Mail, a two-year-old Macan S (the base spec) was priced at £43,300 ($62,790) when new, but can now sell for up to £55,000 ($79,750). For anyone with the inspiration of buying a Porsche Macan in 2014, it’s like driving a car for free for two years, gas included, and then making a little extra as well.
Of course, nobody could have foreseen this and it’s not a guarantee that buying any car with a long waiting list will return a profit. But if you’re interested, the Jaguar F-Pace is pretty much in the same boat with a nine-month waiting list.
In recent months, though, a new trend has emerged in the UK. You know how exotic car makers such as Ferrari (and even Ford, now that it makes the GT supercar) protect their potential customers by only selling limited editions to people who really want them - to prevent immediate re-selling at higher prices? Well, it would appear that Porsche should do the same thing. And it’s not the 918 Spyder who’s in danger.
A free market can be a very crazy place. With prices dictated by supply and demand, they can be kept under control fairly easily as long as both those parameters are also maintained within certain margins. If one of them suddenly spikes one way or another, there’s chaos to be had.
In the UK, there is currently a chasm opening up between the supply and demand for the Porsche Macan luxury SUV. Customers have to wait for as long as eight months from placing the order until the actual car reaches them. Everyone who’s ever bought a new car knows that waiting for its delivery is the hardest part.
The high demand and low supply obviously have no effect over the price for a new car, because Porsche is in control of that. The used car market, on the other hand, that’s where things start to get more interesting.
According to the Daily Mail, a two-year-old Macan S (the base spec) was priced at £43,300 ($62,790) when new, but can now sell for up to £55,000 ($79,750). For anyone with the inspiration of buying a Porsche Macan in 2014, it’s like driving a car for free for two years, gas included, and then making a little extra as well.
Of course, nobody could have foreseen this and it’s not a guarantee that buying any car with a long waiting list will return a profit. But if you’re interested, the Jaguar F-Pace is pretty much in the same boat with a nine-month waiting list.
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