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CPO inventory piling up at dealers? any idea why?

USMA81

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I got a CPO Macan 4 for $12,000 below invoice ($104,000) with ~2,000 miles. The previous private owner, in his 90’s, decided he wanted a different color.
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refazi

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I got a CPO Macan 4 for $12,000 below invoice ($104,000) with ~2,000 miles. The previous private owner, in his 90’s, decided he wanted a different color.
That's pretty good, thank you for the insight! hopefully you leased it!
 

USMA81

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I buy and hold my vehicles. My bet is that in 4-8 years solid state batteries will be the norm (and we will see where tariff are then). The Macan’s (I have two) will serve during that window. My experience so far has been great (or I wouldn’t have bought the second).

Oh, and when I heard about the 90 year old, I thought, “At that age, he’s entitled to change his mind.”
 

sor

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I think that a fair comparable is the Audi etron Q6e right?
guest how many CPO units they have nationwide?
From Audiusa.com it currently shows 5.

What are your thoughts?
I see what you’re saying - maybe the volume of the car being sold matters somewhat in the equation. That’s fair but my main beef is that someone just decided with no context that a few pages of CPOs nationwide (by far mostly base model 4), the equivalent of 0.5 cars per dealership, meant the sky was falling and people were giving back their cars, without any context or research into what number might be normal.

44% of Macans sold in the US last quarter were EV Macans. As such I’d say it’s fair to compare the CPO numbers of the gas Macan given the sales quantities are about equal. That’s probably better than comparing another make which may have different sales patterns or a different tracking system/website.

Just counting 2025s there are 539 gas Macan CPOs listed. Compared to 113 EVs. I’m not saying the gas Macans are being returned in droves, it’s just an illustration of the pointlessness of jumping to these conclusions via the finder.

There were something close to 3500 Macan EVs sold in the US last quarter. Maybe around 10k sold total so far, I can’t find a complete number. So maybe 1% have found their way back to dealers for one reason or another? I guess it’s hard to say since we don’t have tracking over time, but again kind of pointless to judge from this site.
 
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sor

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I buy and hold my vehicles. My bet is that in 4-8 years solid state batteries will be the norm (and we will see where tariff are then). The Macan’s (I have two) will serve during that window. My experience so far has been great (or I wouldn’t have bought the second).

Oh, and when I heard about the 90 year old, I thought, “At that age, he’s entitled to change his mind.”
people worry about resale value, but the truth is most cars lose 80-90% of their value over eight years. That’s nothing new.

If you’re worried about the car losing value it means you plan to sell it within just a few years, and if someone is in that boat then they always should have been leasing. It sounds like you don’t intend to sell quickly so it doesn’t really matter.

That said, it isn’t like leases don’t have the devaluation already baked in. You’re paying for the low residual anyway. It’s just nice to have the terms locked in upfront.
 


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refazi

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I see what you’re saying - maybe the volume of the car being sold matters somewhat in the equation. That’s fair but my main beef is that someone just decided with no context that a few pages of CPOs nationwide (by far mostly base model 4s), the equivalent of 0.5 cars per dealership, meant the sky was falling and people were giving back their cars, without any context or research into what number might be normal.

44% of Macans sold in the US last quarter were EV Macans. As such I’d say it’s fair to compare the CPO numbers of the gas Macan given the sales quantities are about equal. That’s probably better than comparing another make which may have different sales patterns.

Just counting 2025s there are 539 gas Macan CPOs listed. Compared to 113 EVs. I’m not saying the gas Macans are being returned in droves, it’s just an illustration of the pointlessness of jumping to these conclusions via the finder.

There were something close to 3500 Macan EVs sold in the US last quarter. Maybe around 10k sold total, I can’t find a complete number. So maybe 1% have found their way back to dealers for one reason or another?
When i see 6-8 CPOs at one dealership which has mid volume it gets really suspicious for me, especially when they have 2-3 cpo taycans, then i look nationwide and i see similar phenomena, that's why i came here to ask if there is a good reason for that.

i understand that is not your experience, i don't know what you do for living but i am a car buyer and look to get good deals if the car is reliable, as most EVs are.
In the Macan ev case there is no certain answer for me (yet)
 

sor

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When i see 6-8 CPOs at one dealership which has mid volume it gets really suspicious for me, especially when they have 2-3 cpo taycans, then i look nationwide and i see similar phenomena, that's why i came here to ask if there is a good reason for that.

i understand that is not your experience, i don't know what you do for living but i am a car buyer and look to get good deals if the car is reliable, as most EVs are.
In the Macan ev case there is no certain answer for me (yet)
Many dealers sell dozens of Macans a month, 6-8 CPOs at one dealer (5% of all CPOs nationwide at one dealer) is an outlier and a small chunk of one dealerships monthly sales. That dealer is clearly an outlier.

I guess I’m curious what you think of the gas Macan CPO numbers then, with many hundreds more. And that Q6 etron number seems suspiciously low, could it be that it isn’t really a nationwide number or there just aren’t many available period - or they’re selling out for whatever reason?

it’s just not good data to come to these conclusions with.
 

USMA81

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I just looked at the Porsche.com “shopping tool.” Nationwide CPO numbers are 7, 60, 9 and 25 for base, 4, 4S and turbo respectively. Not crazy numbers. And what was interesting is that a small number of dealers have significant quantities, say 4-6 each. That seems to me to imply some corporate action - Houston dealer had several and a port is close by (?). I’d suggest you just go ask the SA to answer your questions…
 

Petzi

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If you use this link you will see 8 pages of cars, each page has 15 cars, are you sure you used the right filter?
8x15=120 not „hundreds“ (starts with 200)

normal inventory nationwide. how many porsche dealers are there? is this even one cpo for every dealer?

how long do you think porsche lets their loaners and test cars run?
if you would have any idea about their policy you would know that this is standard procedure.

further about a third of the CPO´s have not even a photo. I bet they are nowhere near a dealers lot..

where are the „big discounts“ ? standard discount -at least in europe- are 7%. so as @USMA81 is posting: "I got a CPO Macan 4 for $12,000 below invoice ($104,000) with ~2,000 miles. The previous private owner, in his 90’s, decided he wanted a different color." he got 12% discount on a used Macan 4. I think that proves that the car holds its value exceptionally well (so far).

As long the waiting time (in Europe) is more than 4 Months for a new order, I can not imagine any "piling up" anywhere.

this whole thread is based on no facts.
 
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refazi

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Todays number is 131, i use this tool to get the results fast and it's very easy to filter with it.
For me it's not normal to see so many CPOs at dealers not listed as previous loaners, they are all lease returns after few months, which usually means the customer didn't have a good fit with the car, and that's why i'm asking here what potential issues could occur that so many cars are being returned.

Update:
Porsche finder has a filter for demo and loaners, when using this filter the number is 4 nation wide.
 


Petzi

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Todays number is 131, i use this tool to get the results fast and it's very easy to filter with it.
For me it's not normal to see so many CPOs at dealers not listed as previous loaners, they are all lease returns after few months, which usually means the customer didn't have a good fit with the car, and that's why i'm asking here what potential issues could occur that so many cars are being returned.

Update:
Porsche finder has a filter for demo and loaners, when using this filter the number is 4 nation wide.
most of this inventory states „0 previous owners„
 

radiata

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Interesting that sub$1000/mo considered a bargain lease price for a reduced price Turbo as I have a lease on a brand new Turbo Macan EV on the UK with a few options (incl. extended leather) six months now and am paying just over £800 so around $1000 monthly.
 
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refazi

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Another update, the dealer next to me that had 6 CPOs last week now has 10...
 

alvaro

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Where are these piling up? There's only 2 base Macan's near me.
From what I see in your original link, a lot of the older ones are certainly the launch demos.
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