Anyone Sold a GT4 into Trade recently Please?

Anyone Sold a GT4 into Trade recently Please?

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Discussion

PinkHouse

854 posts

58 months

Wednesday 6th December 2023
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JayK12 said:
PinkHouse said:
ChrisW. said:
JayK12 said:
I already jumped ship mate, to a twin turbo with no indicators (shouldn't be to hard to guess lol)..............would fancy another Porsche at some point.
Well you've got me on that ... no indicators must surely be a track car ?
Or a BMW wink
See it was easy haha. BMW M2 Competition.

Its a great car but I've struggled enjoying the engine after being mostly an NA guy, but I am getting used to it. Its not standard (exterior is), I had Ohlins but gone to KW now, adjustable top mounts etc, rsl29s, lines, fluid. Its a manual and has a CAE ultra shifter and Cobra made me a Nogaro bucket and matched with rest of the interior as I kept the OEM passenger seat so if I want people in the back I still can. Its got a big boot too. Litchfield did a great job with the the map, its so linear and punches to the redline 530hp/530lbft, and its very useable on PS4S let alone CUP2. Feels light and aglie and very playful on corner entry and exit, im guessing thats down to the short wheelbase, and the turn is very quick. Making some chassis tweaks, over the winter, want to ensure its useable road car as well as fun / track toy. Just resisting buying a set of AP brakes for it at the mo!

It's no GT4, but i needed back seats and a boot on the odd occasion or so I thought, but right now I'm enjoying it and tinkering.

[Img]https://thumbsnap.com/i/UqKJdjzH.jpg[/thumb]

Edited by JayK12 on Wednesday 6th December 13:59
Sounds epic, what's it like on consumables given the weight penalty compared with the GT4?

asbi

Original Poster:

107 posts

215 months

Wednesday 6th December 2023
quotequote all
asbi said:
This post has really helped so thx for all submissions both public and pm - I’ve concluded that I’ll keep mine as I’m not taking a significant needless loss. I have a first world problem for which I’m very grateful - I either buy a nice restored ‘72 911T and keep the GT4 or sell it and buy a superb original ‘72 911S…..neither is a hardship tbh :-)
Thanks to all who have contacted me regarding this post.

I have decided that given the state of the market and my unrealistic price expectations I will keep the GT4 and embrace it's capabilities rather than moaning about it (those that know me well on here know what I'm talking about :-))

Thanks to all and all the best for the festive and 2024!

Percy.

773 posts

75 months

Wednesday 6th December 2023
quotequote all
Sorry for potentially highjacking your thread, but is it realistic that we will see £55k 981 GT4s in the next 6 months?

JayK12

2,324 posts

203 months

Wednesday 6th December 2023
quotequote all
PinkHouse said:
JayK12 said:
PinkHouse said:
ChrisW. said:
JayK12 said:
I already jumped ship mate, to a twin turbo with no indicators (shouldn't be to hard to guess lol)..............would fancy another Porsche at some point.
Well you've got me on that ... no indicators must surely be a track car ?
Or a BMW wink
See it was easy haha. BMW M2 Competition.

Its a great car but I've struggled enjoying the engine after being mostly an NA guy, but I am getting used to it. Its not standard (exterior is), I had Ohlins but gone to KW now, adjustable top mounts etc, rsl29s, lines, fluid. Its a manual and has a CAE ultra shifter and Cobra made me a Nogaro bucket and matched with rest of the interior as I kept the OEM passenger seat so if I want people in the back I still can. Its got a big boot too. Litchfield did a great job with the the map, its so linear and punches to the redline 530hp/530lbft, and its very useable on PS4S let alone CUP2. Feels light and aglie and very playful on corner entry and exit, im guessing thats down to the short wheelbase, and the turn is very quick. Making some chassis tweaks, over the winter, want to ensure its useable road car as well as fun / track toy. Just resisting buying a set of AP brakes for it at the mo!

It's no GT4, but i needed back seats and a boot on the odd occasion or so I thought, but right now I'm enjoying it and tinkering.

[Img]https://thumbsnap.com/i/UqKJdjzH.jpg[/thumb]

Edited by JayK12 on Wednesday 6th December 13:59
Sounds epic, what's it like on consumables given the weight penalty compared with the GT4?
It's not bad to be honest, tyres are 19" and i run 255 front 265 rear. Can go 275 rear but the car feels more darty like this. Brakes i the major concern with BMW M cars, always has been. However supposedly they did ok with the F series cars. For road its fine, i think on track it could do with AP's up front. Friends who track theirs said my setup with Lines, Fluid and Pagid RS29s would be sufficient for a couple of track days a year and I can add cooling ducts front and rear to help (the cooling is poor). So I'll try with that.

I think mine being a manual is around 1620KG, shes a fatty, but it honestly feels so light on its toes compared to the M4/M3, you'd think it was 1400KG.

You can shave 100kg out of them pretty quickly, but I'm not going down that route, as I like to use the car on the road too. My last tracl car was a Radical SR3 RSX so everything is going to feel like a boat compared. Shes certainly not sluggish 530lbft, 3000rpm feels so strong, pins you. It will be around 550hp/550lbft as I'm removing the OPFs and 2nd CATS and Litchfield will retune, it doesn't need more power but with 3 selectable maps, you might aswell.

I did have the lighter CS Wheels on it but they've gone. Think about dropping to 18s.

I'd say running costs similar if not cheaper, but its half the price of a GT4 to buy to start with.




Edited by JayK12 on Wednesday 6th December 21:51

JayK12

2,324 posts

203 months

Wednesday 6th December 2023
quotequote all
Percy. said:
Sorry for potentially highjacking your thread, but is it realistic that we will see £55k 981 GT4s in the next 6 months?
I think it would be a low spec one with higher miles. Trade bids are poor at the mo, market is slow but spring it usually picks up.

Actus Reus

4,234 posts

156 months

Wednesday 6th December 2023
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I think that 55k is very likely on 981s myself.

Ashgood have a decent spec 718 for 73k today so private sale 981s need to be cheaper by a fair margin.

Spring will stop the slide but I don’t think values will actually recover any lost ground.

blackmamba

823 posts

237 months

Thursday 7th December 2023
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The Ashgood car looks a nice spec, wonder what they must have paid for it. Mid 60s?

GT3cs

1,200 posts

242 months

Thursday 7th December 2023
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I’ve recently let go a Oct 22 718 GT4 (list £93k) with 4K miles , for £80k for a quick easy sale . I was regretting the decision in the following days thinking Id been a bit hasty and the market wasn’t that bad , but its looking about right now if I’m honest . Maybe a couple of £k low but not miles away .

ChrisW.

6,316 posts

256 months

Thursday 7th December 2023
quotequote all
JayK12 said:
Percy. said:
Sorry for potentially highjacking your thread, but is it realistic that we will see £55k 981 GT4s in the next 6 months?
I think it would be a low spec one with higher miles. Trade bids are poor at the mo, market is slow but spring it usually picks up.
In this market everything is possible ... there are a couple of things supporting 981 value ... only around 500 in the market compared to around 1100 718's ... the 981 can at a cost be tuned to be close to the 718 pace and it does still have the "race" engine which is well proven, it is lighter and it does not have the particulate filter which some dislike, but it is only manual so if you are looking for a PDK the 718 or 718RS are the only option.

Incidentally, there will soon be 200 ? 718RS in the market, 10% of which appear to be for sale at the moment.

Of the GT4's, there are currently 25 981 GT4's and 97 718 GT4's for sale ...

Percy.

773 posts

75 months

Thursday 7th December 2023
quotequote all
ChrisW. said:
In this market everything is possible ... there are a couple of things supporting 981 value ... only around 500 in the market compared to around 1100 718's ... the 981 can at a cost be tuned to be close to the 718 pace and it does still have the "race" engine which is well proven, it is lighter and it does not have the particulate filter which some dislike, but it is only manual so if you are looking for a PDK the 718 or 718RS are the only option.

Incidentally, there will soon be 200 ? 718RS in the market, 10% of which appear to be for sale at the moment.

Of the GT4's, there are currently 25 981 GT4's and 97 718 GT4's for sale ...
Thankyou both.

I have been watching the values for around 6 months, not close to a position to purchase yet as have just sold my one car S4 Avant to release some cash for a house move.

The intention being that once we move house and have more driveway space & garage, I can run an everyday work car for client visits plus a weekend fun car.

GT4 is currently number one on the list. I just wondered with the 718 GT4 coming down in price, pushing down the 981 GT4, is there a point where they will just not drop any more?

£60-65k still looks exceptional value for what the GT4 offers.


ChrisW.

6,316 posts

256 months

Thursday 7th December 2023
quotequote all
One of the things pulling secondhand prices up is the increase in new car costs and some of the new technology which a purist may prefer not to have ... and technology which is either most of the time invisible or unhelpful and /or expensive when it goes wrong.

I sometimes think that manufacturers may include cheap technology at a high price for the end customer to have repaired, just to justify their extended warranties. Would Porsche do that ... ? I'm sure that they try very hard to not have problems with PDK gearboxes, though there were the 981 gearbox replacements due to a change in spec and the Porsche policy on gearbox issues is replacement rather than repair, at a cost,

This may be more to do with the way in which modern motor mechanics are trained ... but it's a big plus for the very good independent Porsche specialists who really value their time served engineers and to whom these engineers seem to gravitate. All IMHO !

boxsey

3,574 posts

211 months

Thursday 7th December 2023
quotequote all
Percy. said:
Sorry for potentially highjacking your thread, but is it realistic that we will see £55k 981 GT4s in the next 6 months?
It's six of one and half a dozen of the other when you wait for a price point to be reached. You limit yourself to always looking for the lowest priced cars advertised which 'usually' means they're the lowest spec, highest mileage and probably need several items refreshed soon after you've bought it. You can easily find yourself spending £5K on brakes and tyres a few months after you've bought a GT4 if the seller has been holding off on replacing them!

The other side of the waiting game is you wait 6 months and then decide they might drop in price more. So you wait another 6 months. And then another 6 months. And all of a sudden you've waited 2 years and the cars will be 2 years older and getting on for being 10 years old and will need more refreshing and will still cost the best part of £60K to buy. In my opinion the 981 GT4 has already reached it's low point and won't be going much lower than high 50s. Just like the Cayman R reached its low point of just underr £40K six years ago. And they're now at least 12 years old! So my advice would be if you want a 981 GT4, go for it now smile

P155flaps

556 posts

144 months

Thursday 7th December 2023
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I can’t see them dropping too much more in last few weeks I bit at mid 70s for a decent spec (pccb, bucket, Bose, carbon, extended leather etc) PDK Nov 21 car with fresh service and 2 years warranty for 75k.

Crack on and enjoy I say 👍🏻

TDT

4,938 posts

120 months

Thursday 7th December 2023
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Back to original base list price.
Goes to show these cars represent incredible performance value

ClubsportStr

371 posts

76 months

Friday 8th December 2023
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TDT said:
Back to original base list price.
Goes to show these cars represent incredible performance value
Outstanding value cars 8 years and still holding near new list price or a 8-10k drop depending on spec. The current drop in 718 GT4 prices is down to market condition but will firm up as everything has got its bottom value, if you are in it for the long term you've got nothing to worry about and they are a good purchase . Let’s face it in 6 years or less you not be able to buy any new NA cars!

GT4P

5,208 posts

186 months

Sunday 10th December 2023
quotequote all
This is a good indicator of where the 718 GT4 market is at must have been high 60s trade or SOR
https://www.autotrader.co.uk/car-details/202312084...

JayK12

2,324 posts

203 months

Tuesday 12th December 2023
quotequote all
GT4P said:
This is a good indicator of where the 718 GT4 market is at must have been high 60s trade or SOR
https://www.autotrader.co.uk/car-details/202312084...
Wow that's a great buy!

ChrisW.

6,316 posts

256 months

Tuesday 12th December 2023
quotequote all
TDT said:
Back to original base list price.
Goes to show these cars represent incredible performance value
As most will have seen I've been playing the game of "what if" on a GT4RS now that they can be had for a very little above list for a very little used car. I've gone the full circle of the RS suspension limitations and cabin noise, looked then at 992GT3's as a step up which fall into the same price and value category, and the question I just can't get away from .... is why would any sane person want to spend the extra £100k ?

The GT4RS is not even as "finished" as my own 981 GT4 ... and the 718 GT4 of the spec suggested at £75k is such a wonderful thing for both every day and trackdays.

In terms of pace, yes the GT3 and GT4RS are faster, but learning to drive better and making the most of a GT4 is worth a large proportion of the difference between them and the GT4, and in terms of the practicalities and running costs, there is no contest.

Centre lock wheels are a PITA, extra boot space is useful, the GT4 feels smaller everywhere, insurance is much cheaper, .... and the willingness to self insure so not "blackmailed" over the cost and choice of trackday insurance / trackday operators / potential repair options should that be required .... is very liberating.

It does mean that you can spend your money on developing yourself and the car as you wish, and it also means that there is far less at risk at a much lower cost to repair, should your ambition ever exceed your ability ....

It's also much easier if / when one is not fully tuned in, to have a slow trackday and just enjoy the cars and the company ... smile


Edited by ChrisW. on Tuesday 12th December 10:25

burman

355 posts

214 months

Friday 15th December 2023
quotequote all
ChrisW. said:
As most will have seen I've been playing the game of "what if" on a GT4RS now that they can be had for a very little above list for a very little used car. I've gone the full circle of the RS suspension limitations and cabin noise, looked then at 992GT3's as a step up which fall into the same price and value category, and the question I just can't get away from .... is why would any sane person want to spend the extra £100k ?

The GT4RS is not even as "finished" as my own 981 GT4 ... and the 718 GT4 of the spec suggested at £75k is such a wonderful thing for both every day and trackdays.

In terms of pace, yes the GT3 and GT4RS are faster, but learning to drive better and making the most of a GT4 is worth a large proportion of the difference between them and the GT4, and in terms of the practicalities and running costs, there is no contest.

Centre lock wheels are a PITA, extra boot space is useful, the GT4 feels smaller everywhere, insurance is much cheaper, .... and the willingness to self insure so not "blackmailed" over the cost and choice of trackday insurance / trackday operators / potential repair options should that be required .... is very liberating.

It does mean that you can spend your money on developing yourself and the car as you wish, and it also means that there is far less at risk at a much lower cost to repair, should your ambition ever exceed your ability ....

It's also much easier if / when one is not fully tuned in, to have a slow trackday and just enjoy the cars and the company ... smile


Edited by ChrisW. on Tuesday 12th December 10:25
Totally agree Chris had my 981 GT4 for 19 months now,I call mine a GT4 Touring as it has 18 way seats dual climate and carbon pack etc and PS4s as I daily/ weekly mine.
The Porsche warranty runs to May24 and will be renewed as its a no brainer.
The only car i would replace it with is a 718 GT4 PDK ,which would probably be my last Porker after6 and keeper as I am not interested in an EV version.
I shall be watching the market with interest over the next couple of years!!

Augustash

66 posts

63 months

Saturday 17th February
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Only a few GT4’s on the Porsche site and the few I’ve checked are listed at higher than original purchase price.
I have a MY2023 GT4 book price of £108k fully specd and don’t expect any real depreciation over the next 5 years for a car now discounted. I won’t be paying another £80k for RS version. Also a new GTS decent spec is £95k. I would of thought the GT4 price would sit nearer the middle of the two