9.9?? When is that happening? In the UK or US?There seems to be a steady 20-23 cars up for sale at any point in time now with one or two being added most days. Currently, there's only a 10k price difference between a 2021 Evora GT and a 2023 Emira. The worlds is bizarre, but I think the massive hike in used APR is hitting the used market HARD. If Lotus up their APR to 9.9% as many have suggested they might, I think they're going to have problems.
Christ. I hope they wait until August. Been done over with the 6k and then even more interest. July seems like it’s years away at the momentUK. There was speculation on one of the other forums that it could happen following further tightening of lending and national interest rate rises but nothing confirmed, just speculation until it happens.
It is going up to 9.9%. In line with the competition. Porsche is already there.Yeah, it'd be the death knell for me. Like you, I'm hit with the price increase and the interest rate has already moved from the 6.9% it was at release time. I was expecting to be paying around £500 a month but even with increasing the deposit, I'm now looking at £700 ish.
I’d rather sign the contract today and pay the few months of repayments and not have the car until it’s made in July, than sign 5 years at 10%!?! I guess we take a punt and do it over 2-3 years and hope for a better deal when it comes.It is going up to 9.9%. In line with the competition. Porsche is already there.
My neighbour bought a new Macan and Cayman GTS in 2020 to enable him an allocation for a new GT4 RS. The dealer has come back to him saying he can have his rs order as long as he buys a Taycan too. Thats just wrong and has put me off the Porsche brand now. Lotus it is nowPorsche the manufacturer does not promote selling cars above list. They are certainly aware of it, but it is considered a bonus to loyal customers to buy a car at MSRP. Now if the independent Dealer sticks the customer with overs, that is different and out of the manufacturers control.
In the end the will crater Lotus as a brand. People will be dropping out a lot more. This is going to have an adverse effect. The brand will be tarnished heavily from this. It’s laughable, they are acting like a used auto lot, not a world class manufacturer with F1 heritage.
Ok rant over…
It would probably be cheaper for him just to pay the premium to a flipper. Thats a requirement to spend almost £200k to buy a GT4RS which can be had for about £180k on AutoTrader.My neighbour bought a new Macan and Cayman GTS in 2020 to enable him an allocation for a new GT4 RS. The dealer has come back to him saying he can have his rs order as long as he buys a Taycan too. Thats just wrong and has put me off the Porsche brand now. Lotus it is now
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