Would you buy a 2014 Diesel.... now?
#1
Rennlist Member
Thread Starter
Would you buy a 2014 Diesel.... now?
So.... Opportunity exists to buy a very low mileage 2014 CD. Price is good and car is truly excellent... 2 dealers have told me there will be no more Cayenne Diesels in US...period. Seems it's a bet on whether the fix will impact performance or mileage.... I'm thinking of taking that bet.
Any thoughts?
Thanks for your reply!
-Chuck
Any thoughts?
Thanks for your reply!
-Chuck
#5
I was just talking with my dealer and I may be getting one of the ones they have on the lot. At the moment they can not sell them but he thinks that they will be able to in a few months and that there will be substantial discounts. If you are not in a rush you may want to hold out and get one of the 16s that is in sales purgatory on a dealer lot.
#6
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I've heard that Porsche considers 20% an outstanding discount and there was noise floating around that's what they're going to offer.. I don't think so. Simple fact - how much does a 2-3 year old Cayenne depreciate in 2 years? I think you're looking at 40-50% depending on the model. So - buying a "new" 2 year old vehicle has gotta made be way more attractive than 20% - plus they've been tarred with the polluter brush. That stain will stick around even if a fix is found - the vehicle will be difficult to trade in (dealers won't want them - they've seen enough of them, and I bet auction values will be dismal) - so you'd take a hit at the outset and when you're done with the car.
IF you could be certain that you'd want to drive the car (and never have an accident that totals it) - until it's ready to be crushed, then buying one for 40% off new list might make sense. Otherwise I wouldn't go near one. Yes - there will always be an enthusiast market fueled by diesel nuts - but are there enough of them around to keep the price equivalent to buying a gas model? I don't think so.
I can understand the frustration current owners have - the rapidly depreciating Cayenne they bought is depreciating even faster since it's a diesel, hit with the polluting brush, and now will have competition right from Porsche on price. If a new 2-3 year old one sells for say 50% of new MSRP - what do you think a used 2 year old with some miles on it is going to sell for?
Sad.
IF you could be certain that you'd want to drive the car (and never have an accident that totals it) - until it's ready to be crushed, then buying one for 40% off new list might make sense. Otherwise I wouldn't go near one. Yes - there will always be an enthusiast market fueled by diesel nuts - but are there enough of them around to keep the price equivalent to buying a gas model? I don't think so.
I can understand the frustration current owners have - the rapidly depreciating Cayenne they bought is depreciating even faster since it's a diesel, hit with the polluting brush, and now will have competition right from Porsche on price. If a new 2-3 year old one sells for say 50% of new MSRP - what do you think a used 2 year old with some miles on it is going to sell for?
Sad.
#7
I think we have to define what a good price is.
Looking at similar cars on Ebay, I notice that they stall out at what I consider a fair price, but the dealers are asking 10K more that what the market will bear.
Looking at similar cars on Ebay, I notice that they stall out at what I consider a fair price, but the dealers are asking 10K more that what the market will bear.
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#8
RL Community Team
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I would.
#9
Rennlist Member
Don't think anyone is going to get 40% off list. 40-50% off list is what '13s are trading at with mid miles. I would buy 2 tainted new cars at 40% off list with extra warranty..
#10
Rennlist Member
So.... Opportunity exists to buy a very low mileage 2014 CD. Price is good and car is truly excellent... 2 dealers have told me there will be no more Cayenne Diesels in US...period. Seems it's a bet on whether the fix will impact performance or mileage.... I'm thinking of taking that bet.
Any thoughts?
Thanks for your reply!
-Chuck
Any thoughts?
Thanks for your reply!
-Chuck
However, I would get IN WRITING, as part of the sales contract, that you are entitled to 100% of any compensation offered to owners. No split and certainly the previous owner (or dealer) does not get to keep the compensation.
#11
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I just don't see any way for there to be a reasonable outcome purchasing what will become an orphan car in the immediate future. With no new-new ones (and especially the new model) being sold, people will be scared off of the old ones. Know anyone with an Oldsmobile or Pontiac? No - wonder why..
#12
Rennlist Member
^ That is assuming that supply exceeds demand. It appears that there is healthy demand for CDs in some markets.
There are plenty of folks who love VW V10 diesel Touregs today and there are no new models after 07.
There are plenty of folks who love VW V10 diesel Touregs today and there are no new models after 07.
#13
I would if
hi from Adam in Brooklyn.
I would if I had a larger garage with the gear to making my own diesel. Plenty of Chinese restaurants here, and the cooking oil that smells like French fries will be lots cleaner than some of the so called local diesel sold here in Brooklyn.
Cleaner fuel means better performance.
Besides I don't mind driving around smelling like French fries and chicken wings here. More people will pull over and make space on the highway because they have the munchies.
I would if I had a larger garage with the gear to making my own diesel. Plenty of Chinese restaurants here, and the cooking oil that smells like French fries will be lots cleaner than some of the so called local diesel sold here in Brooklyn.
Cleaner fuel means better performance.
Besides I don't mind driving around smelling like French fries and chicken wings here. More people will pull over and make space on the highway because they have the munchies.
#15
Rennlist Member
New the Cayenne profit margin is about 15%, depends on the options. 20% off MSRP would not do it for me. 30% would get my interest on a new CD.
For a 2014 a lot less.
For a 2014 a lot less.