Boxster Bubble Bursts
- Thread starter daro911
- Start date
ORIGINAL: chrisr
timing could be a real blow to the finance house and result in big financial losses , buts thats why they pay actuaries large sums to look into crystal balls []
Yes but finance houses will only lose there shirts once and then adjust residuals accordingly [
] They can regain any lost ground when the market turns up eventually and they keep the residuals on the deck for a while longer than need be. Win win for the money lenders no matter what the market place is doing 
chrisr
New member
ORIGINAL: daro911
ORIGINAL: chrisr
timing could be a real blow to the finance house and result in big financial losses , buts thats why they pay actuaries large sums to look into crystal balls [
Yes but finance houses will only lose there shirts once and then adjust residuals accordingly [
Robert, such a cynic ! [
] how can you possible suggest that Banks/Finance House's are in business to make hugh profits []PS Nice Guitars
I love my Boxster, i don't really care if i loose some money, in fact i expect it, every car i have had has lost money, some hurt quite a bit.
I like the way it looks, the way it drives, it is dependable and i don't need 4 seats.
The value of a porsche, or any car really, is how much pleasure you get from driving it, the car is one of my hobbies, i spend as much on polish as i do some of my interests, I am here once, i intend to enjoy it, If i wanted to save money, or not loose it in depreciation i would not buy a car at all.
Glyn
I like the way it looks, the way it drives, it is dependable and i don't need 4 seats.
The value of a porsche, or any car really, is how much pleasure you get from driving it, the car is one of my hobbies, i spend as much on polish as i do some of my interests, I am here once, i intend to enjoy it, If i wanted to save money, or not loose it in depreciation i would not buy a car at all.
Glyn
Guest
New member
I agree,
It is about supply and demand. I have just bought my first Porsche - having to sell my Audi TT in order to finance it. The TT lost about 6k in just over a year (even though it is immaculate with only 14k on an 03 reg). Audi simply saturated the market (although apparantly they are bringing out a new TT soon).
The Boxster is Porsche's volume seller (and given that it's Porsche's saviour - you cant really blame them).
However, I still think that even though Porsche are trying to emulate Merecedes and BMW in their marketing strategy, (e.g. the prototype "panamerica" - or whatever it's called) - Porsche will retain it's iconic sports status.
It is about supply and demand. I have just bought my first Porsche - having to sell my Audi TT in order to finance it. The TT lost about 6k in just over a year (even though it is immaculate with only 14k on an 03 reg). Audi simply saturated the market (although apparantly they are bringing out a new TT soon).
The Boxster is Porsche's volume seller (and given that it's Porsche's saviour - you cant really blame them).
However, I still think that even though Porsche are trying to emulate Merecedes and BMW in their marketing strategy, (e.g. the prototype "panamerica" - or whatever it's called) - Porsche will retain it's iconic sports status.
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