Porsche 911 R

Porsche 911 R 'selling for close to £1 million'

Porsche 911 RThe Porsche 911 R is being sold by specialist supercar dealers for prices approaching £1 million – and demand is so high, deals are taking place behind closed doors without being advertised.

The Porsche 911 R, which is limited to 991 units (it’s a 991-series model), has an official list price of £136,901. However, supercar finance experts Magnitude Finance say the cars are now commanding premiums of £800,000 on the secondhand market.

“We believe this is a record level of appreciation for a new car based on a percentage of its original value,” said Magnitude head Tim Marlow.

He first heard about the eye-watering premium from a client who was lucky enough to be one of the 911 R buyers.

“We spoke to several Porsche specialist dealers and they confirmed the cars are commanding close to £1 million but they can’t list them at this amount.”

It means the 911 R is a speculator’s dream and, added Marlow, although Porsche doesn’t condone this, “it is easy to see why some can’t avoid the temptation”.

The incredible appreciation of the 911 R even beats that for the LaFerrari, said Marlow. That cost £1 million new and even though a UK independent dealer later sold one for £2 million, that was ‘only’ double the amount.

The 911 R is making seven times its original list price…

It’s not just the Porsche 911 R that’s rocketing in price, either. The £131,296 911 GT3 RS is in great demand too, reckons Magnitude Finance: one customer recently bought one with options for £160,000  and “when he drove out of the showroom the car jumped in value by £100,000”.

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Trackbacks & Pingbacks

  1. […] ”Vi har pratat med flera Porschespecialister som bekräftar att bilarna närmar sig en miljon pund, men de kan inte annonsera bilarna för det priset. Vi tror det är en rekordnivå när det gäller värdeökning för en ny bil baserat på procent av utgångsvärdet”, säger Tim Marlow, vd på Magnitude Finance, som finansierar superbilar, till Motoring Research. […]

  2. […] According to Motoring Research, 911 Rs are already going for more than $1 million, with asking prices reaching as high as $1.3 million. Considering that only 991 will be made, it’s understandable that people would be willing to pay a premium to own one, but at the same time, $1.3 million is an insane amount of money. […]

  3. […] attorno al milione di sterline, ovvero quasi 1.2 milioni di euro. Secondo quanto riportato da motoringresearch dei concessionari hanno alcuni esemplari della Porsche 911 da vendere e stanno trattando con alcuni […]

  4. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  5. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  6. […] é uma valorização impressionante, sendo que uma empresa dedicada à venda de carros de luxo (Magnitude Finance), considerou este negócio teve uma valorização […]

  7. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  8. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  9. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  10. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  11. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  12. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  13. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  14. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  15. […] Motoring Research recently talked about the size of a supercar finance finance experts in the UK and they claim that the R 911 price ceiling for more than £ 800,000 on the secondhand market. […]

  16. […] here in the States, but according to Motoring Research, some supercar dealers are now able to sell their cars for around £800,000, or just over $1 […]

  17. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  18. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  19. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  20. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  21. […] quite a steep markup. In fact, at seven times the original MSRP, high-end car finance company Magnitude Finance told Motoring Research that it may be an appreciation […]

  22. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  23. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

  24. […] information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude […]

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