on the Porsche question, I have a very good friend who specializes in Porsche cars, has done so for 40 years, and works for one of the biggest dealerships anywhere. He often tells me tales of buying in cars he sold a few months ago, and paying more than cost price if it's a rare model. Similarly, the original owner can see a massive drop if it's a common model, so not unusual to drop £30k on a car that's 6 months old. Those guys and gals usually have a fleet of top end vehicles and such losses are of no concern. He recently called by my place and showed me a Lamborghini he had just bought in for £250k...not my type of car...(for every reason!) and this belonged to an 89 year old lady in Perth. She was fed up with folks saying they didn't like the colour (it was a shocking green affair) so decided to trade it in for a black one. At that point, it was still on her private plate which alone was worth £300k! I can only wonder as to what her insurance premium is!
I digress...the point is, my friend has been told NOT to buy back any electric Porsches, unless the owner is prepared to drop at least 70% of cost AND is buying a new one at full price.
I digress...the point is, my friend has been told NOT to buy back any electric Porsches, unless the owner is prepared to drop at least 70% of cost AND is buying a new one at full price.
