Future Values of 987 Spyder

Future Values of 987 Spyder

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Discussion

2010spy

Original Poster:

1,916 posts

164 months

Friday 3rd April 2015
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I have a new Spyder on order and been assured it's coming this year by the dealer. That's great but I'm under pressure to sell the 987 Spyder, which I don't want to do. I have already convinced myself that they are 'very different' cars. My only hope of keeping the 987 is to assure 'the boss' that they will go up in value, rather than down from this point onwards. I have the 'purist' spec with 6,000 miles so feel safe that if they are going up, mine will as well. What do people think. If we set a benchmark of £45k now - what will they be worth in 1-3 years?


Trikster

823 posts

202 months

Friday 3rd April 2015
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Well as another 987 Spyder owner (though getting the GT4 to run along side mine) I can't see them going down in value and agree they are very different cars - though only a drive would really tell - but the 987 Spyder is the last of the non-electric steering Porsches (or analogue as I'm sure someone will say) - and for what it's intended for that makes enough difference for the type of folks that are interested in these to keep the values keen for the limited number of cars there are...


2010spy

Original Poster:

1,916 posts

164 months

Friday 3rd April 2015
quotequote all
Trikster said:
Well as another 987 Spyder owner (though getting the GT4 to run along side mine) I can't see them going down in value and agree they are very different cars - though only a drive would really tell - but the 987 Spyder is the last of the non-electric steering Porsches (or analogue as I'm sure someone will say) - and for what it's intended for that makes enough difference for the type of folks that are interested in these to keep the values keen for the limited number of cars there are...
That's interesting. I might have got away with it much easier if I'd gone for the GT4 instead of the new Spyder...

Phooey

12,599 posts

169 months

Friday 3rd April 2015
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2010spy said:
My only hope of keeping the 987 is to assure 'the boss' that they will go up in value, rather than down from this point onwards.
No doubting the Spyder is a v.good car but can't see these holding their value *LONG*-term like 911 'gt' cars. It's a Boxster at the end of the day - another car piggybacking on today's crazy market? I think they'll dip, then stabilize, but never hit higher than they are today.

2010spy

Original Poster:

1,916 posts

164 months

Friday 3rd April 2015
quotequote all
Phooey said:
No doubting the Spyder is a v.good car but can't see these holding their value *LONG*-term like 911 'gt' cars. It's a Boxster at the end of the day - another car piggybacking on today's crazy market? I think they'll dip, then stabilize, but never hit higher than they are today.
Thanks Phooey, but that doesn't really help the cause smile

I am waiting for Mr Demon to come along and tell us they will be worth £1m and then I can print this out and give to the other half...

itsybitsy

5,202 posts

185 months

Friday 3rd April 2015
quotequote all
of course long term they will only go up but i think for the next 3 years prices will range £35k-£50k depending on condition/miles/spec.Although there is a new kid on the block i think it will firm prices even more and eventually both will be traded for similar money.so if anything although the 981 has the bigger engine the 987 is the purer car and may be more sort after long term but who knows!for one who has been offered a 981 spyder i am still unsure wether to move on from my current spyder with the only draw being the engine!

rob.kellock

2,213 posts

192 months

Friday 3rd April 2015
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Don't ask me.

I sold my bucket seated manual sports exhausted Spyder in May 2014, just before they bounced back, for all the reasons posted by Phooey coupled with the desire to own a car where every extra mile didn't make it worth proportionately less compared to garage queen peers...

2010spy

Original Poster:

1,916 posts

164 months

Friday 3rd April 2015
quotequote all
Rob, don't worry. I didn't my my flat in central London in 2007 when offered a stonking deal by the landlord - I thought the market was toppy. If I'd bought it I would be buying a 918 now, not a 981...

Phooey

12,599 posts

169 months

Friday 3rd April 2015
quotequote all
itsybitsy said:
Although there is a new kid on the block i think it will firm prices even more and eventually both will be traded for similar money
I disagree. 981 numbers are extremely low (approx 100 cars). 981 has 911 engine. Manual only. Vgvfm when you look closely. I think the 981 Spyder will be much more 'night&day' to the regular Boxster than the 987 was. For cheap frills I think it could be a better car than the GT4.

EricE

1,945 posts

129 months

Friday 3rd April 2015
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No idea. My best guess is that they will dip to 30-35k (worst case) this autumn and will eventually go back up to meet the 981 prices. I could even see the 987 overtaking the 981 long term (5+ years) if the Porsche frenzy keeps going.

If the base cars are any indication then the 981 will be a much more refined and overall faster and better car, but that's not necessarily what enthusiasts are after. Much like the Mk 7 GTI is a much more refined car than the Mk 1 GTI but I know which one I'd prefer on a sunday morning hoon.

Engines may not matter that much either because once the turbo engines are out, both of them will be pretty slow compared to the base Boxster S if it really gets the rumoured 360 PS 520 Nm as suggested in a recent sport auto reader letter. Of course the 981 has the whole "last N/A manual" going for it but in the end it's still the same engine with some additional displacement.

It'll be interesting to watch from the sidelines, I am quite glad I didn't pull the trigger last year.

KMF

525 posts

148 months

Friday 3rd April 2015
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ljust had a call from my local OPC offering me a 981 Spyder, he did say that the new Spyder will be a limmited run car because of the development of the new turbo 4 engine so the 911 6 pot wont be available for it to be a year on year production run. the 911 6 pot engine will be also reduced in size while the smaller cars Boxster/Cayman will get the turbo 4 pot. he said some interest has been lost in the 981 Spyder because there in no PDK and no plans to produce one.
if they do only produce a small number (150 was said, perhaps that is for the UK)in manual only this could be the next investment/collectors car.
i am very tempted but not without seeing and driving one.
in such short supply this will bring up prices of both 981 and 987/2 Spyder prices without a doubt

i have no doubt that if you can hang on to the 987/2 Spyder it will be worth it . the short supply of such good cars will keep prices high. i think if there is only going to be 150 981 Spyders in the UK they will after a short time cary perhaps even a premium and both Spyders will pull each other up in value. good cars are always sought after by both enthusiasts and collectors

Edited by KMF on Friday 3rd April 19:57

itsybitsy

5,202 posts

185 months

Friday 3rd April 2015
quotequote all
Phooey said:
I disagree. 981 numbers are extremely low (approx 100 cars). 981 has 911 engine. Manual only. Vgvfm when you look closely. I think the 981 Spyder will be much more 'night&day' to the regular Boxster than the 987 was. For cheap frills I think it could be a better car than the GT4.
something like 150 manual 981 spyders are coming which is more than 987 manual spyders.
987 has a carrera engine albeit 3.4.
the 987 is more night and day to regular car than the 981 for different reasons than engine cc increase.
i am still on the fence wether to move from 987 to 981 spyder and thats from an owners point of view as the only draw is the engine but it is still a bored out 3.4!just because it is quicker it does not make it better!

2010spy

Original Poster:

1,916 posts

164 months

Friday 3rd April 2015
quotequote all
Good analysis KMF.

Although it's not a good sign if the dealer is calling you about the Spyder - you'd have thought they had a full order book but sounds like that's not the case (unless you are one of their favourite customers of course)...

Let's see what the journos make of it...

jayxx83

504 posts

196 months

Friday 3rd April 2015
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Isn't there only 110 odd manual spyders and 90 odd Pdk in the 987? Both set to be pretty rare!

itsybitsy

5,202 posts

185 months

Friday 3rd April 2015
quotequote all
i think whats happening is all those who missed out on gt4 get offered the spyder.i mean all those 100s of upset customers who wanted a gt4 but that does not mean the gt4 is the better road car and could long term the spyder be more sort after!if i wanted a track car a 997.1/2 gt3 would be my option and not a gt4 so where does it actually leave the gt4!

Axel987

274 posts

109 months

Friday 3rd April 2015
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jumped into a cayman GTS from my cayman R and couldnt wait to get back. they are VERY different cars, the R really is a raw experience in comparison.

Depends what you are after, but the 981 GTS is a much more refined GT car in comparison.

KMF

525 posts

148 months

Friday 3rd April 2015
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2010spy said:
Good analysis KMF.

Although it's not a good sign if the dealer is calling you about the Spyder - you'd have thought they had a full order book but sounds like that's not the case (unless you are one of their favourite customers of course)...

Let's see what the journos make of it...
i have a good relationship with the sales man at my local OPC and he knew i was interested in the new Spyder when he lent me a BGTS for the day just after they came out (i also set him up with his new blinds for his new house just before Christmas, i also fit blinds in their offices at the OPC)i am very pleased with the people at my local OPC ( Bolton) and would not think of going anywere else.
i only ever buy car with good residuals now as i do not like loosing money. if i dont think i can get at least back what i have paid for a car i will not buy it. my last car was an Atom before that a willys slat grill jeep, caterham, morgan, 1920s R-R.
this is the patern i follow and it works for me, buy wisely then you have more to put into your next toy

Edited by KMF on Friday 3rd April 20:26

Axel987

274 posts

109 months

Friday 3rd April 2015
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987 spyder will be worth more in 5 years time.

KMF

525 posts

148 months

Friday 3rd April 2015
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Axel987 said:
987 spyder will be worth more in 5 years time.
without any doubt.
i will keep my Spyder for at least another 3 years then i will have a rethink. i can not see anything out there to replace it just yet.

itsybitsy

5,202 posts

185 months

Friday 3rd April 2015
quotequote all
Axel987 said:
987 spyder will be worth more in 5 years time.
why?imho i think the values will be close,more powerful car v more analogue car.
but the 987 could easly have its power increased to match 981 and still have the old school feel but it will be alot harder to give the 981 old school feel