Cayman - How to hold max value? Extras?
Discussion
I've got the opportunity to buy a brand new Cayman from Porsche in the UK at a 20% discount, any model, any extras. How long would it be before the car loses 20% of it's value?
Are there any extras that I should get, or would these generally lose their value faster than a base model with maybe just cruise control and parking sensors?
As much as I would love to have a Cayman for a long time, I'll only buy if I can use the Cayman, then keep it for 6 months+, then sell it and get the original value-20% back, if that makes sense?
Any thoughts/opinions please?
Are there any extras that I should get, or would these generally lose their value faster than a base model with maybe just cruise control and parking sensors?
As much as I would love to have a Cayman for a long time, I'll only buy if I can use the Cayman, then keep it for 6 months+, then sell it and get the original value-20% back, if that makes sense?
Any thoughts/opinions please?
Simple get the GT4 (you can't) and you might even make a profit, other than that I can't see any other cayman allowing you to drive for free for six months, what can anyone get % on a Cayman , they are not rare and not many people would buy a nearly new car like a Porsche from a private seller so what would it trade in for ? The GTS is a lovely car and seem thin on the ground so that might be your best shot but I think the chances of escaping up or break even are slim to none
matjk said:
Simple get the GT4 (you can't) and you might even make a profit, other than that I can't see any other cayman allowing you to drive for free for six months, what can anyone get % on a Cayman , they are not rare and not many people would buy a nearly new car like a Porsche from a private seller so what would it trade in for ? The GTS is a lovely car and seem thin on the ground so that might be your best shot but I think the chances of escaping up or break even are slim to none
Why not? Would the GT4 really hold it's value? Insurance would presumably be a fair bit higher than the Cayman S though and it would take a little longer to save. Do you think people would buy a nearly new GT4 from a private seller?GT4 sold out about 4 times over, all gone! If can get one its the one to have, with the market as it is GT Pork is rocketing in value! No one can be sure of what car values will do, IS could launch a nuclear attack on the USA, aliens could land , another financial crash , all unlikely but not impossible . But the general consensus is the GT4 will probably appreciate in value, all other caymans will not . Caymans are great cars though so you would enjoy it
GT4 sold out about 4 times over, all gone! If can get one its the one to have, with the market as it is GT Pork is rocketing in value! No one can be sure of what car values will do, IS could launch a nuclear attack on the USA, aliens could land , another financial crash , all unlikely but not impossible . But the general consensus is the GT4 will probably appreciate in value, all other caymans will not . Caymans are great cars though so you would enjoy it
Yep - to minimise/ avoid depreciation, the GT4 is the only one to get. Otherwise, I'd suggest you get the basic Cayman with a few key options and keep the purchase price as low as possible. From there, you will have less value against which to apply the cost of depreciation. By all accounts, the motoring journalists seem to think the base model is pretty fab. IMO the likes of the GTS will bomb in value by comparison in real £ terms rather than % terms.
Peter
Peter
Looks like the GTS may not be bombing as much as expected? I spoke to two Porsche Centres, one said they wouldn't sell me a GT4 full stop, even if they had one, because they would rather sell it to a loyal/regular customer, or keep it in the centre for a bit. The other said they would take my deposit, but couldn't guarantee me a car...
Would the GTS depreciate less than a GTS? From what I can tell the extras on the GTS aren't what I would pick if I was speccing out my own S.
Would the GTS depreciate less than a GTS? From what I can tell the extras on the GTS aren't what I would pick if I was speccing out my own S.
Trev450 said:
In answer to your original question, you lose twenty percent the minute the car is registered due to the VAT element. That aside, the GTS does appear to be holding it's value better than the rest of the model range.
The situation has changed a little and I can now buy a car that is up to 1 year old, with the 20% discount.Do you think the GTS is doing better due to the interest in and rareness of the GT4? Tough to say...
Is there anything about the Cayman S that would mean it would hold it's value better than any other random new car?
Trev450 said:
In answer to your original question, you lose twenty percent the minute the car is registered due to the VAT element. That aside, the GTS does appear to be holding it's value better than the rest of the model range.
Not this myth again surely!Whether the price you pay goes to Porsche, the dealer or the taxman is irrelevant. You don't lose 20% because of VAT, you might lose 20% due to dealer margin and the car being now second hand, it could be 10% or 30% however.
Adam B said:
Trev450 said:
In answer to your original question, you lose twenty percent the minute the car is registered due to the VAT element. That aside, the GTS does appear to be holding it's value better than the rest of the model range.
Not this myth again surely!Whether the price you pay goes to Porsche, the dealer or the taxman is irrelevant. You don't lose 20% because of VAT, you might lose 20% due to dealer margin and the car being now second hand, it could be 10% or 30% however.
Trev450 said:
Adam B said:
Trev450 said:
In answer to your original question, you lose twenty percent the minute the car is registered due to the VAT element. That aside, the GTS does appear to be holding it's value better than the rest of the model range.
Not this myth again surely!Whether the price you pay goes to Porsche, the dealer or the taxman is irrelevant. You don't lose 20% because of VAT, you might lose 20% due to dealer margin and the car being now second hand, it could be 10% or 30% however.
Trev450 said:
It must be nice wearing those rose-tinted glasses. Who do you think gets the 20 percent vat? And I'm sure most dealers would love to have a mark-up of that amount.
Sorry fella but its utter bull. The VAT is irrelevant, its just part of the price, the value of the car depreciates because it is secondhand. Or not of course. Some go up! Explain that!Cars do not depreciate by exactly 20%!
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