RAC Cars News


Demand creates price premium for used Porsche Macans

By raccars Published

Image Source

Demand for used Porsche Macans has seen their values soar as buyers skip waiting lists.

Classic car owners are used to turning a profit but it seems that the Porsche Macan could also prove a sound investment. Porsche's latest SUV was only released in 2014 and has been a massive hit, with the German manufacturer struggling to keep up with waiting lists. Keen buyers are now attempting to skip waiting lists by going for used Macans, which has added up to 25 per cent to the value of the car on the second hand market.

The Porsche Macan as an investment buy

In 2014 the entry level model was the Macan S, costing £43,300. This year, new Macan buyers are facing a waiting list of eight months for the compact SUV and used models can be found at up to £55,000. Effectively, owners of the highly desirable used Macans will not only recoup their initial investment but will also benefit from having their motoring costs during ownership paid for, if they achieve these prices.

While this kind of appreciation is commonly seen in the classic car market, it's rare to find it among mainstream cars. Some buyers are apparently now ordering Macans two at a time in order to exploit the rising prices.

However, car value experts CAP claim that it's not so unusual for new cars which are in high demand to grow in value before prices sink in line with the rest of the used market, once manufacturers have caught up with waiting lists. Similar scenarios have been seen with other Porsche models plus the Range Rover Evoque in its early days, as well as the Audi Q3 and the Fiat 500.

The forthcoming Jaguar F-Pace SUV already boasts a nine month waiting list and industry analysts predict a repeat of this situation. But this doesn't mean that the F-Pace will perform in the same way two years after release. CAP claims that the Porsche Macan has gained in value by 7 per cent in the last 12 months.

A new market

A six to eight month waiting list is about standard, according to Porsche, as the company makes cars to order rather than assembling stock. Porsche makes about 200,000 units per year in total. The Macan is an interesting departure for the luxury brand and is designed to appeal to a new market. 75 per cent of Macans sold thus far have been to first time Porsche buyers.

What's all the fuss about?

The Macan shares a platform with the Audi Q5, albeit modified, and comes with a dual clutch seven speed PDK gearbox as standard, offering sportier performance than its larger sibling, the medium-sized Cayenne SUV. All wheel drive is standard and the Macan is said to perform well off road, while the Macan Turbo can go from 0-60mph in 4.6 seconds.

Four trim levels are available in the UK, with the original entry-level Macan S now preceded by a base model called simply the Macan. This uses a four cylinder two litre petrol turbo engine compared to the V6s used by succeeding trim levels - the Macan S, Macan GTS and Macan Turbo. The Macan S is available with both petrol and diesel engines.

With a rather sparse list of standard kit, the Macan is not quite as mainstream as it at first appears, as quite a lot of expensive extras need to be added before the Macan can match market rivals for comfort and convenience features.

The diesel Macan S is the most economical model in the range at 46.3mpg and CO2 emissions of 159g/km. The rest of the Macan range just about manages 30mpg, so it's not a particularly clean and green choice even among other SUVs, but drivers claim it's worth it for the Macan's superior driving dynamics.

Looking to Buy?
Search for cars