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Dammit
Kyalami


Joined: 23 Sep 2016
Posts: 1840



PostPosted: Mon Nov 05, 2018 9:09 am    Post subject: Reply with quote

I think the reverse in values is pretty comprehensive, the London housing market is sagging dramatically - a couple of friends of mine have just sold at 96% of asking price, and very happy to do so. Min 2016 and they'd have been getting offers 20% over.

They've made the decision to hold off on buying a new place until mid to late next year, when the market will have fallen further - the extent of which will likely correlate with what happens at the end of March.
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 12574
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Mon Nov 05, 2018 11:19 am    Post subject: Reply with quote

Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb
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Alfa Romeo’s 4C is everything a Italian sports-car should be: it’s gorgeous to the point of pornography, distinctive enough that nobody will ever mistake it for a Porsche, handles like it’s on rails and steers like a kart.
 
  
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Albionmuz
Spa-Francorchamps


Joined: 28 Oct 2016
Posts: 352
Location: West Sussex


PostPosted: Mon Nov 05, 2018 1:00 pm    Post subject: Reply with quote

Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?
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spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4187
Location: Manchester and Iraq


PostPosted: Mon Nov 05, 2018 1:24 pm    Post subject: Reply with quote

I think there's some burying head in sand going on.

Ive got a few deals lined up with discounts that are way more than just seasonal, and I'm reluctant still to pull the trigger, even with PCP finance at 2.65%.
If that rate is being offered, you can be sure cars are just not shifting at all.
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991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
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bludger
Newbie


Joined: 29 Oct 2017
Posts: 25



PostPosted: Mon Nov 05, 2018 3:07 pm    Post subject: Reply with quote

I'm interested in buying a 911 and have been monitoring the market for some months.

We've had years of easy credit and low interest rates and this has affected car values along with a lot of other things. I'm fairly sure we'll have a financial crash and recession in the next two years at most and things could get very sticky indeed and car values will be affected along with a lot of other things.

Now you can pooh pooh this but we have rates at zero so they can't be cut further and there are an awful lot of folk who appear well off but are hocked up to the eyeballs and debt levels are far higher than ten years ago.

This slowdown, which most acknowledge, could be a canary in the coal mine.

I'm waiting to buy; now is not the time.
 
  
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spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4187
Location: Manchester and Iraq


PostPosted: Mon Nov 05, 2018 3:21 pm    Post subject: Reply with quote

bludger wrote:
I'm interested in buying a 911 and have been monitoring the market for some months.

We've had years of easy credit and low interest rates and this has affected car values along with a lot of other things. I'm fairly sure we'll have a financial crash and recession in the next two years at most and things could get very sticky indeed and car values will be affected along with a lot of other things.

Now you can pooh pooh this but we have rates at zero so they can't be cut further and there are an awful lot of folk who appear well off but are hocked up to the eyeballs and debt levels are far higher than ten years ago.

This slowdown, which most acknowledge, could be a canary in the coal mine.

I'm waiting to buy; now is not the time.


You’re putting me off now!!! About to pull the trigger nooo
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
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bludger
Newbie


Joined: 29 Oct 2017
Posts: 25



PostPosted: Mon Nov 05, 2018 3:41 pm    Post subject: Reply with quote

spongebob squarepants wrote:
bludger wrote:
I'm interested in buying a 911 and have been monitoring the market for some months.

We've had years of easy credit and low interest rates and this has affected car values along with a lot of other things. I'm fairly sure we'll have a financial crash and recession in the next two years at most and things could get very sticky indeed and car values will be affected along with a lot of other things.

Now you can pooh pooh this but we have rates at zero so they can't be cut further and there are an awful lot of folk who appear well off but are hocked up to the eyeballs and debt levels are far higher than ten years ago.

This slowdown, which most acknowledge, could be a canary in the coal mine.

I'm waiting to buy; now is not the time.




You’re putting me off now!!! About to pull the trigger nooo


Look this is just my view; your purchase may be the bargain of the century!
 
  
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benbuhagiar
Spa-Francorchamps


Joined: 28 Dec 2014
Posts: 254
Location: Kent

2008 Porsche 997 Carrera 2

PostPosted: Mon Nov 05, 2018 3:56 pm    Post subject: Reply with quote

2.65% finance! Bargain! Pull the trigger.
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spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4187
Location: Manchester and Iraq


PostPosted: Mon Nov 05, 2018 4:44 pm    Post subject: Reply with quote

benbuhagiar wrote:
2.65% finance! Bargain! Pull the trigger.


Yes through a broker in Crewe, and with Santander. Trigger is depressed.
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
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Jcx
Estoril


Joined: 15 Aug 2013
Posts: 3830


2010 Porsche 997 Turbo

PostPosted: Mon Nov 05, 2018 4:47 pm    Post subject: Reply with quote

Ooh Ooh what ya buying/bought?
 
  
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jonttt
Zolder


Joined: 20 Aug 2012
Posts: 5096
Location: Liverpool

2014 Porsche Boxster 981

PostPosted: Mon Nov 05, 2018 4:51 pm    Post subject: Reply with quote

Albionmuz wrote:
Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?


Floor
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#lastoftheaircooled
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jonttt
Zolder


Joined: 20 Aug 2012
Posts: 5096
Location: Liverpool

2014 Porsche Boxster 981

PostPosted: Mon Nov 05, 2018 4:52 pm    Post subject: Reply with quote

Jcx wrote:
Ooh Ooh what ya buying/bought?


I call custard, I won;t believe it until I see a pic of him with the keys, a pair of loafers and some red socks Floor
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Jcx
Estoril


Joined: 15 Aug 2013
Posts: 3830


2010 Porsche 997 Turbo

PostPosted: Mon Nov 05, 2018 4:54 pm    Post subject: Reply with quote

jonttt wrote:
Jcx wrote:
Ooh Ooh what ya buying/bought?


I call custard, I won;t believe it until I see a pic of him with the keys, a pair of loafers and some red socks Floor


Pop Corn
 
  
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FZP
Magny-Cours


Joined: 18 Jan 2015
Posts: 2577
Location: Cheshire


PostPosted: Mon Nov 05, 2018 5:16 pm    Post subject: Reply with quote

jonttt wrote:
Jcx wrote:
Ooh Ooh what ya buying/bought?


I call custard, I won;t believe it until I see a pic of him with the keys, a pair of loafers and some red socks Floor

Custard is quite appropriate I believe
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 12574
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Mon Nov 05, 2018 5:35 pm    Post subject: Reply with quote

Albionmuz wrote:
Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?


Shaking like a shitting dog chum as I've just SORN'd it over winter Thumb

Very nearly bought a 981 Spyder for 60 in cold last week. Good price and dealer who bought it I suspect will retail near 70 in spring Rolling Eyes

I'll buy a 981 Boxster when they're under 20 bags in the new year Grin
_________________
Alfa Romeo’s 4C is everything a Italian sports-car should be: it’s gorgeous to the point of pornography, distinctive enough that nobody will ever mistake it for a Porsche, handles like it’s on rails and steers like a kart.
 
  
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Jcx
Estoril


Joined: 15 Aug 2013
Posts: 3830


2010 Porsche 997 Turbo

PostPosted: Mon Nov 05, 2018 5:40 pm    Post subject: Reply with quote

Zingari wrote:
Albionmuz wrote:
Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?


Shaking like a shitting dog chum as I've just SORN'd it over winter Thumb

Very nearly bought a 981 Spyder for 60 in cold last week. Good price and dealer who bought it I suspect will retail near 70 in spring Rolling Eyes

I'll buy a 981 Boxster when they're under 20 bags in the new year Grin


I really like the 981 Spyder! Very nice car.
 
  
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spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4187
Location: Manchester and Iraq


PostPosted: Mon Nov 05, 2018 6:03 pm    Post subject: Reply with quote

Zingari wrote:
Albionmuz wrote:
Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?


Shaking like a shitting dog chum as I've just SORN'd it over winter Thumb

Very nearly bought a 981 Spyder for 60 in cold last week. Good price and dealer who bought it I suspect will retail near 70 in spring Rolling Eyes

I'll buy a 981 Boxster when they're under 20 bags in the new year Grin


That was one of those too good to be true deals, shame that car was stunning, I bet it reappears before the spring! Mad
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
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Albionmuz
Spa-Francorchamps


Joined: 28 Oct 2016
Posts: 352
Location: West Sussex


PostPosted: Mon Nov 05, 2018 6:06 pm    Post subject: Reply with quote

Zingari wrote:
Albionmuz wrote:
Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?


Shaking like a shitting dog chum as I've just SORN'd it over winter Thumb

Very nearly bought a 981 Spyder for 60 in cold last week. Good price and dealer who bought it I suspect will retail near 70 in spring Rolling Eyes

I'll buy a 981 Boxster when they're under 20 bags in the new year Grin


As you know I am very envious of your 4C, refreshing that there are some leftfield ex Porche owners. It really isn’t all about Porsche, and yes I know I’m in the minority here.

Strangely on a hot summer’s day in SW France I’ll choose my 2cv over the Porsche EVERY day for anything but long distance travel.

Much as I love my 993 Targa I often wonder whether I’d have been better to buy an Alpine A110 which is my long term dream car and keeps gaining in value at a ridiculous rate.
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spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4187
Location: Manchester and Iraq


PostPosted: Mon Nov 05, 2018 6:26 pm    Post subject: Reply with quote

Albionmuz wrote:
Zingari wrote:
Albionmuz wrote:
Zingari wrote:
Hand It's a different ball of wax without the rose tinted specs. I said as much 12 months ago.

25 bags is just around the corner Thumb


I guess the 4C depreciation must be giving you sleepless nights?


Shaking like a shitting dog chum as I've just SORN'd it over winter Thumb

Very nearly bought a 981 Spyder for 60 in cold last week. Good price and dealer who bought it I suspect will retail near 70 in spring Rolling Eyes

I'll buy a 981 Boxster when they're under 20 bags in the new year Grin


As you know I am very envious of your 4C, refreshing that there are some leftfield ex Porche owners. It really isn’t all about Porsche, and yes I know I’m in the minority here.

Strangely on a hot summer’s day in SW France I’ll choose my 2cv over the Porsche EVERY day for anything but long distance travel.

Much as I love my 993 Targa I often wonder whether I’d have been better to buy an Alpine A110 which is my long term dream car and keeps gaining in value at a ridiculous rate.


He pretends to like the 4C but he’s after another Porsche Grin
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
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G2
Österreich


Joined: 26 Oct 2015
Posts: 994



PostPosted: Mon Nov 05, 2018 6:37 pm    Post subject: Reply with quote

spongebob squarepants wrote:
benbuhagiar wrote:
2.65% finance! Bargain! Pull the trigger.


Yes through a broker in Crewe, and with Santander. Trigger is depressed.


Great rate Thumb I would be inspecting the agreement more than the car if that’s being stated as the true apr though..naturally cautious of brokers Dont know
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