Buying a 718 Cayman GTS
Discussion
Hi there
First time poster and all that. I've never bought a Porsche, but have pretty much decided that my next car will be a CGTS when the new version comes out. I've test driven a 718 Boxster S (and have driven many Porsches in the past) and I think I'll easily be able to see past the noise issue (which is nowhere near as bad in real life as YouTube suggests) to what is a pretty magnificent piece of kit.
I have a few questions in terms of buying one of these, or higher Boxster / Cayman specs generally:
1. On a standard 3/4 year, 8ish thousand mile PCP deal, I want to ensure that I put in a deposit that will largely be retained over the GMFV for the next car I buy, so that I don't have to save too much of a deposit again. If I put in £8,000-10,000, do people tend to find that their trade-in price is about the same amount as that MORE than the GMFV that they're left with at the end of the term? It'd be great to be able to just keep paying monthlies and replace with a brand new Porsche every 3/4 years.
2. OPCs I've spoken to always say there is absolutely no wiggle room on any of these cars - even to the extent they won't throw in a tank of petrol etc. Is that true, or do they tend to change their tune a little when you come to buy?
3. Are GTS models relatively readily available, or do I already need to be on a waiting list now (I'm not sure when it's due to be released)?
4. What are Caymans like for long distance drives? Are the cabins pretty boomy / wind noise / tyre road bad? I've only ever had a 15 minute test.
Thanks very much for anything you're able to offer!
First time poster and all that. I've never bought a Porsche, but have pretty much decided that my next car will be a CGTS when the new version comes out. I've test driven a 718 Boxster S (and have driven many Porsches in the past) and I think I'll easily be able to see past the noise issue (which is nowhere near as bad in real life as YouTube suggests) to what is a pretty magnificent piece of kit.
I have a few questions in terms of buying one of these, or higher Boxster / Cayman specs generally:
1. On a standard 3/4 year, 8ish thousand mile PCP deal, I want to ensure that I put in a deposit that will largely be retained over the GMFV for the next car I buy, so that I don't have to save too much of a deposit again. If I put in £8,000-10,000, do people tend to find that their trade-in price is about the same amount as that MORE than the GMFV that they're left with at the end of the term? It'd be great to be able to just keep paying monthlies and replace with a brand new Porsche every 3/4 years.
2. OPCs I've spoken to always say there is absolutely no wiggle room on any of these cars - even to the extent they won't throw in a tank of petrol etc. Is that true, or do they tend to change their tune a little when you come to buy?
3. Are GTS models relatively readily available, or do I already need to be on a waiting list now (I'm not sure when it's due to be released)?
4. What are Caymans like for long distance drives? Are the cabins pretty boomy / wind noise / tyre road bad? I've only ever had a 15 minute test.
Thanks very much for anything you're able to offer!
GTS models tend to be announced 2 or 3 years into a model's life cycle, so I would guess it will be 2018 before the 718GTS is available.
Look very carefully at the numbers for a PCP - with the level of deposit you're suggesting, you'll be borrowing and paying interest on £50-55k so you will find that £250 - 300 of every payment is just interest.
Given that it will depreciate by 40% (and more if you go for 4 years) or so of the invoice price, you would not be able to keep your deposit at the same level.
Having tried PCP once, I have financed the last two cars by working out my comfortable monthly and taking a flexible HP deal with another finance company, with capacity for overpayment and lump sums. This meant moving from a 986 Cayman S to a 981 2.7 for a while, which is a downwards move, but I've been able to get myself a 981 CGTS this time, so it was well worth it.
As for the full tank of fuel -that's one of the questions on the Customer Satisfaction Survey, so obviously Porsche expect this to be part of their dealers' new car handover.
Look very carefully at the numbers for a PCP - with the level of deposit you're suggesting, you'll be borrowing and paying interest on £50-55k so you will find that £250 - 300 of every payment is just interest.
Given that it will depreciate by 40% (and more if you go for 4 years) or so of the invoice price, you would not be able to keep your deposit at the same level.
Having tried PCP once, I have financed the last two cars by working out my comfortable monthly and taking a flexible HP deal with another finance company, with capacity for overpayment and lump sums. This meant moving from a 986 Cayman S to a 981 2.7 for a while, which is a downwards move, but I've been able to get myself a 981 CGTS this time, so it was well worth it.
As for the full tank of fuel -that's one of the questions on the Customer Satisfaction Survey, so obviously Porsche expect this to be part of their dealers' new car handover.
RMJ891 said:
Hi there
First time poster and all that. I've never bought a Porsche, but have pretty much decided that my next car will be a CGTS when the new version comes out. I've test driven a 718 Boxster S (and have driven many Porsches in the past) and I think I'll easily be able to see past the noise issue (which is nowhere near as bad in real life as YouTube suggests) to what is a pretty magnificent piece of kit.
I have a few questions in terms of buying one of these, or higher Boxster / Cayman specs generally:
1. On a standard 3/4 year, 8ish thousand mile PCP deal, I want to ensure that I put in a deposit that will largely be retained over the GMFV for the next car I buy, so that I don't have to save too much of a deposit again. If I put in £8,000-10,000, do people tend to find that their trade-in price is about the same amount as that MORE than the GMFV that they're left with at the end of the term? It'd be great to be able to just keep paying monthlies and replace with a brand new Porsche every 3/4 years.
2. OPCs I've spoken to always say there is absolutely no wiggle room on any of these cars - even to the extent they won't throw in a tank of petrol etc. Is that true, or do they tend to change their tune a little when you come to buy?
3. Are GTS models relatively readily available, or do I already need to be on a waiting list now (I'm not sure when it's due to be released)?
4. What are Caymans like for long distance drives? Are the cabins pretty boomy / wind noise / tyre road bad? I've only ever had a 15 minute test.
Thanks very much for anything you're able to offer!
Welcome! and congrats on deciding to take the plunge!First time poster and all that. I've never bought a Porsche, but have pretty much decided that my next car will be a CGTS when the new version comes out. I've test driven a 718 Boxster S (and have driven many Porsches in the past) and I think I'll easily be able to see past the noise issue (which is nowhere near as bad in real life as YouTube suggests) to what is a pretty magnificent piece of kit.
I have a few questions in terms of buying one of these, or higher Boxster / Cayman specs generally:
1. On a standard 3/4 year, 8ish thousand mile PCP deal, I want to ensure that I put in a deposit that will largely be retained over the GMFV for the next car I buy, so that I don't have to save too much of a deposit again. If I put in £8,000-10,000, do people tend to find that their trade-in price is about the same amount as that MORE than the GMFV that they're left with at the end of the term? It'd be great to be able to just keep paying monthlies and replace with a brand new Porsche every 3/4 years.
2. OPCs I've spoken to always say there is absolutely no wiggle room on any of these cars - even to the extent they won't throw in a tank of petrol etc. Is that true, or do they tend to change their tune a little when you come to buy?
3. Are GTS models relatively readily available, or do I already need to be on a waiting list now (I'm not sure when it's due to be released)?
4. What are Caymans like for long distance drives? Are the cabins pretty boomy / wind noise / tyre road bad? I've only ever had a 15 minute test.
Thanks very much for anything you're able to offer!
I can't comment on point 1 as I have never done PCP. As regards point 2, normally there is some wiggle room, but not much. This also depends on what model you are talking about and the demand for that specific model. If the CGTS comes out and is in high demand, then wiggle room will be small. There are other ways you can negotiate, like getting some free stuff thrown in rather than trying to negotiate the price of the car down. For the previous generation CGTS there was no waiting list, so I don't see why there should be one for the new one. However depends on what the new CGTS is like. Its not been announced yet, so its difficult to know what kind of car it will be. And for the long distance driving, they are fine, but this depends on suspension, tyres, wheel size. Lots of people prefer the 19s to the 20s due to ride comfort. That is a personal choice so my advice would be to go for a proper test drive to see different suspension set ups and wheel sizes and then decide! but they are definitely fine for long journeys. Hope this helps!
That's great, thanks both.
I had read that, like Audi RS and BMW M models, Porsche may move the GTS variants to earlier in the product cycle - I can only hope!
I guess I'm stuck with PCP, as I don't have the cash lying around (and would probably use it as a deposit on a buy to let flat if I did!) and don't want the £1,500+pcm payments that HP would probably involve.
That's good to hear about the long-distance capabilities - I would probably go for my favourite looking wheels (rather than going smaller to help the noise situation), but glad to hear it's not catastrophic in any event!
I had read that, like Audi RS and BMW M models, Porsche may move the GTS variants to earlier in the product cycle - I can only hope!
I guess I'm stuck with PCP, as I don't have the cash lying around (and would probably use it as a deposit on a buy to let flat if I did!) and don't want the £1,500+pcm payments that HP would probably involve.
That's good to hear about the long-distance capabilities - I would probably go for my favourite looking wheels (rather than going smaller to help the noise situation), but glad to hear it's not catastrophic in any event!
cypriot said:
Welcome! and congrats on deciding to take the plunge!
I can't comment on point 1 as I have never done PCP. As regards point 2, normally there is some wiggle room, but not much. This also depends on what model you are talking about and the demand for that specific model. If the CGTS comes out and is in high demand, then wiggle room will be small. There are other ways you can negotiate, like getting some free stuff thrown in rather than trying to negotiate the price of the car down. For the previous generation CGTS there was no waiting list, so I don't see why there should be one for the new one. However depends on what the new CGTS is like. Its not been announced yet, so its difficult to know what kind of car it will be. And for the long distance driving, they are fine, but this depends on suspension, tyres, wheel size. Lots of people prefer the 19s to the 20s due to ride comfort. That is a personal choice so my advice would be to go for a proper test drive to see different suspension set ups and wheel sizes and then decide! but they are definitely fine for long journeys. Hope this helps!
No waiting list! When I bought my first CGTS there was year waiting list and I managed to sell mine for the same money I bought it for after 8 months and 7000 miles. I can't comment on point 1 as I have never done PCP. As regards point 2, normally there is some wiggle room, but not much. This also depends on what model you are talking about and the demand for that specific model. If the CGTS comes out and is in high demand, then wiggle room will be small. There are other ways you can negotiate, like getting some free stuff thrown in rather than trying to negotiate the price of the car down. For the previous generation CGTS there was no waiting list, so I don't see why there should be one for the new one. However depends on what the new CGTS is like. Its not been announced yet, so its difficult to know what kind of car it will be. And for the long distance driving, they are fine, but this depends on suspension, tyres, wheel size. Lots of people prefer the 19s to the 20s due to ride comfort. That is a personal choice so my advice would be to go for a proper test drive to see different suspension set ups and wheel sizes and then decide! but they are definitely fine for long journeys. Hope this helps!
cowboyengineer said:
No waiting list! When I bought my first CGTS there was year waiting list and I managed to sell mine for the same money I bought it for after 8 months and 7000 miles.
I had a choice of 3 different build slots ranging from arriving in a few weeks to a 2/3 months, and that was at the beginning of this year! I do like the idea of you having sold your car for list though! it gives me hope!I guess this applies with any car, but you'll get most out if you sell privately rather than back to the dealer, I guess.
Do you know, if you have finance outstanding, whether there is a simple way of selling privately? I'm guessing a buyer won't want to buy until they see the finance is cleared, but equally it'd be difficult to clear the finance without the purchaser's money??!!
Do you know, if you have finance outstanding, whether there is a simple way of selling privately? I'm guessing a buyer won't want to buy until they see the finance is cleared, but equally it'd be difficult to clear the finance without the purchaser's money??!!
RMJ891 said:
I guess this applies with any car, but you'll get most out if you sell privately rather than back to the dealer, I guess.
Do you know, if you have finance outstanding, whether there is a simple way of selling privately? I'm guessing a buyer won't want to buy until they see the finance is cleared, but equally it'd be difficult to clear the finance without the purchaser's money??!!
You can sell privately with outstanding finance, although it may put some people off. I bought this way once - asked the guy to call the finance company on my phone on speakerphone and get the settlement figure (to make sure it wasn't more than the value of the car); agreed price for the car, signed contract saying funds to be used to clear sellers finance, transferred money to the finance company and the balance to the seller, called finance company for all clear.Do you know, if you have finance outstanding, whether there is a simple way of selling privately? I'm guessing a buyer won't want to buy until they see the finance is cleared, but equally it'd be difficult to clear the finance without the purchaser's money??!!
There are still things that can go wrong with this however, so it's still preferable for a buyer to be able to buy without the worry of finance.
cypriot said:
I had a choice of 3 different build slots ranging from arriving in a few weeks to a 2/3 months, and that was at the beginning of this year! I do like the idea of you having sold your car for list though! it gives me hope!
Yes I'm talking about when they were first released. So Oct 2014..... Not the end of the product life cycle as you have done, but the OP is talking about the very first deliveries, so get your deposit in quickly.I'm hoping that, though it won't be N/A, the 718 GTS will also be good and exclusive enough to hang on to its value well.
I have to say that the cabin in the 718, while similar-looking to the 981 in photos, does look and feel a step above in real life - and that would have value to me, too.
I have to say that the cabin in the 718, while similar-looking to the 981 in photos, does look and feel a step above in real life - and that would have value to me, too.
cowboyengineer said:
Yes I'm talking about when they were first released. So Oct 2014..... Not the end of the product life cycle as you have done, but the OP is talking about the very first deliveries, so get your deposit in quickly.
very true! I suppose there will always be a rush to order new models at the beginning.RMJ891 said:
I'm hoping that, though it won't be N/A, the 718 GTS will also be good and exclusive enough to hang on to its value well.
Time will tell, but I would expect it to be a turbo four engine and depreciate the same as the other 718 models. Whether the NA 981 GTS does any differently is currently unknown, but as the last and best of the non-GT Caymans it may depreciate less if it's seen as 'special'. I'm not sure the 718 GTS, if it's a specced up 718 S as expected, will have a potential halo around it.RMJ891 said:
Hi there
First time poster and all that. I've never bought a Porsche, but have pretty much decided that my next car will be a CGTS when the new version comes out. I've test driven a 718 Boxster S (and have driven many Porsches in the past) and I think I'll easily be able to see past the noise issue (which is nowhere near as bad in real life as YouTube suggests) to what is a pretty magnificent piece of kit.
I have a few questions in terms of buying one of these, or higher Boxster / Cayman specs generally:
1. On a standard 3/4 year, 8ish thousand mile PCP deal, I want to ensure that I put in a deposit that will largely be retained over the GMFV for the next car I buy, so that I don't have to save too much of a deposit again. If I put in £8,000-10,000, do people tend to find that their trade-in price is about the same amount as that MORE than the GMFV that they're left with at the end of the term? It'd be great to be able to just keep paying monthlies and replace with a brand new Porsche every 3/4 years.
2. OPCs I've spoken to always say there is absolutely no wiggle room on any of these cars - even to the extent they won't throw in a tank of petrol etc. Is that true, or do they tend to change their tune a little when you come to buy?
3. Are GTS models relatively readily available, or do I already need to be on a waiting list now (I'm not sure when it's due to be released)?
4. What are Caymans like for long distance drives? Are the cabins pretty boomy / wind noise / tyre road bad? I've only ever had a 15 minute test.
Thanks very much for anything you're able to offer!
1) Tends to be more.First time poster and all that. I've never bought a Porsche, but have pretty much decided that my next car will be a CGTS when the new version comes out. I've test driven a 718 Boxster S (and have driven many Porsches in the past) and I think I'll easily be able to see past the noise issue (which is nowhere near as bad in real life as YouTube suggests) to what is a pretty magnificent piece of kit.
I have a few questions in terms of buying one of these, or higher Boxster / Cayman specs generally:
1. On a standard 3/4 year, 8ish thousand mile PCP deal, I want to ensure that I put in a deposit that will largely be retained over the GMFV for the next car I buy, so that I don't have to save too much of a deposit again. If I put in £8,000-10,000, do people tend to find that their trade-in price is about the same amount as that MORE than the GMFV that they're left with at the end of the term? It'd be great to be able to just keep paying monthlies and replace with a brand new Porsche every 3/4 years.
2. OPCs I've spoken to always say there is absolutely no wiggle room on any of these cars - even to the extent they won't throw in a tank of petrol etc. Is that true, or do they tend to change their tune a little when you come to buy?
3. Are GTS models relatively readily available, or do I already need to be on a waiting list now (I'm not sure when it's due to be released)?
4. What are Caymans like for long distance drives? Are the cabins pretty boomy / wind noise / tyre road bad? I've only ever had a 15 minute test.
Thanks very much for anything you're able to offer!
2) New model so less wiggle room 1-2K contribution should be possible with PCP but be careful of high rates.
3) Couple more years for 718 GTS. They are usually only a trim level (Albeit a very nice one)
4) Noisier than an exec saloon and relatively short geared for motorway cruising but I just enjoy the engine and a bit of speed or just turn the music up. Cayman is somewhat quieter than the Boxster on the motorway.
Your dealer should offer you at least a half day in one if your serious, bad service otherwise.
Krobar said:
4) Noisier than an exec saloon and relatively short geared for motorway cruising but I just enjoy the engine and a bit of speed or just turn the music up. Cayman is somewhat quieter than the Boxster on the motorway.
Your dealer should offer you at least a half day in one if your serious, bad service otherwise.
Certainly noisier than exec saloon but not really short geared - 28mph/1000 rpm manual (either 718) 35mph/1000rpm either PDK. Not convinced Boxster is noisier than Cayman. Car and Driver found the Boxster (unusually for a convertible) to be 1db quieter (which you'd be hard pressed to notice) - I think you'd find the difference between standard and sports exhaust much greater than the difference in the two cars.Your dealer should offer you at least a half day in one if your serious, bad service otherwise.
bcr5784 said:
Certainly noisier than exec saloon but not really short geared - 28mph/1000 rpm manual (either 718) 35mph/1000rpm either PDK. Not convinced Boxster is noisier than Cayman. Car and Driver found the Boxster (unusually for a convertible) to be 1db quieter (which you'd be hard pressed to notice) - I think you'd find the difference between standard and sports exhaust much greater than the difference in the two cars.
My bad, 718 must be higher geared, my 2.7 is >3000rom at 70 in top.Noise wise I test drove one after the other and hard top seemed quieter at 85.
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