Wait for a GTS vs. Used C4S

[DCCT]

Hi All,

Long time lurker but first time poster here. Thanks for all the (indirect) help in my search so far!

I'm in the market to buy a 992 Cabriolet (missus insists it's a cab). I was originally waiting for the launch of the GTS with a deposit down however a C4S Cab has become available in pretty much my ideal spec (apart from RAS) via an OPC.

It's an early 992 but with just over 1k miles and pushing nearly £130k new:

https://finder.porsche.com/gb/en_GB/911-Carrera-4S...

I'm looking for some opinions and thoughts on what to do. I'm not particularly in a rush as in my mind I was waiting for the GTS and also the UK looks like it will be heading back into lockdown, limiting chances of fully using it. Financially I can cover both but although this is my first 911, I don't want to blow silly money and would like to keep the total cost of ownership as reasonable as possible over 2-3 years.

Any thoughts would be very much appreciated!

[Cheib]

High spec car ! Hard to tell with OPC photo's how red the roof is...if it's darkish it could look really good but guessing not something a lot of people would go for.

I think you could be waiting a long time for a GTS (unless OPC has told you different) so I'd probably go for it. Life is too short and in these times the feel good factor is important!

[Louis Balfour]

DCCT said:

Hi All,

Long time lurker but first time poster here. Thanks for all the (indirect) help in my search so far!

I'm in the market to buy a 992 Cabriolet (missus insists it's a cab). I was originally waiting for the launch of the GTS with a deposit down however a C4S Cab has become available in pretty much my ideal spec (apart from RAS) via an OPC.

It's an early 992 but with just over 1k miles and pushing nearly £130k new:

https://finder.porsche.com/gb/en_GB/911-Carrera-4S...

I'm looking for some opinions and thoughts on what to do. I'm not particularly in a rush as in my mind I was waiting for the GTS and also the UK looks like it will be heading back into lockdown, limiting chances of fully using it. Financially I can cover both but although this is my first 911, I don't want to blow silly money and would like to keep the total cost of ownership as reasonable as possible over 2-3 years.

Any thoughts would be very much appreciated!

That hood is rather Marmite.

[BertBert]

Looks great with the hood down!

[DCCT]

Interesting comments on the roof! It's actually darker in person than the photos suggest based on the ones I've seen out there.

The red roof is one of our 'must-haves'

[DCCT]

Cheib said:

High spec car ! Hard to tell with OPC photo's how red the roof is...if it's darkish it could look really good but guessing not something a lot of people would go for.

I think you could be waiting a long time for a GTS (unless OPC has told you different) so I'd probably go for it. Life is too short and in these times the feel good factor is important!

Thanks Cheib - it is darker than the photos suggest.

I've been told mid-Q3 for a GTS Cab so I'd guess another 7 months away.

Does £109k seem reasonable for a nearly 2 year old 992 Cab?

[2010spy]

DCCT said:

Thanks Cheib - it is darker than the photos suggest.

I've been told mid-Q3 for a GTS Cab so I'd guess another 7 months away.

Does £109k seem reasonable for a nearly 2 year old 992 Cab?

That looks expensive to me for a 2-year old car. If you specced your own, what would it cost - £120k?

[Louis Balfour]

DCCT said:

Interesting comments on the roof! It's actually darker in person than the photos suggest based on the ones I've seen out there.

The red roof is one of our 'must-haves'

I am not sure how important ease of resale is for you. But if it's a consideration, bear in mind that the red may limit your market.

[DCCT]

2010spy said:

That looks expensive to me for a 2-year old car. If you specced your own, what would it cost - £120k?

To the same spec, £129,133, so a £20k/15.5% hit in 2 years.

Spec in the config:
http://www.porsche-code.com/PMQSC534

Edited by DCCT on Monday 4th January 15:23

[av185]

Nice spec car.

Sale or return vehicle not owned by OPC.

Red roof eith Dol Silver is good cab combo and is no problem whatsoever for resale.

Bit overpriced.

Discount is available on new 992 Carreras I would check this and lead times.

[RichardAP]

av185 said:

Nice spec car.

Sale or return vehicle not owned by OPC.

Red roof eith Dol Silver is good cab combo and is no problem whatsoever for resale.

Bit overpriced.

Discount is available on new 992 Carreras I would check this and lead times.

Out of interest what would the typical margin be to the dealer for selling a car on SOR?

[RichardAP]

DCCT said:

To the same spec, £129,133, so a £20k/15.5% hit in 2 years.

Spec in the config:
http://www.porsche-code.com/PMQSC534

Edited by DCCT on Monday 4th January 15:23

Don’t forget the OTR costs, probably another £2k with the first year VED, and assuming the dealer makes a margin it’s probably cost around £26k, c20% in 17 months. So I guess it depends on what value you put on being the first owner.

[Cheib]

DCCT said:

Cheib said:

High spec car ! Hard to tell with OPC photo's how red the roof is...if it's darkish it could look really good but guessing not something a lot of people would go for.

I think you could be waiting a long time for a GTS (unless OPC has told you different) so I'd probably go for it. Life is too short and in these times the feel good factor is important!

Thanks Cheib - it is darker than the photos suggest.

I've been told mid-Q3 for a GTS Cab so I'd guess another 7 months away.

Does £109k seem reasonable for a nearly 2 year old 992 Cab?

Sounds great. As AV said I think it’s a great colour combo for a Cab although maybe I am biased as for reason I have always liked Cab’s with coloured roof’s.

Can’t help on value but other seems to think it’s a tad expensive. OPC will likely have between £5k and £10k commission on SoR and maybe the owner has some flex.

[av185]

Cheib said:

DCCT said:

Cheib said:

High spec car ! Hard to tell with OPC photo's how red the roof is...if it's darkish it could look really good but guessing not something a lot of people would go for.

I think you could be waiting a long time for a GTS (unless OPC has told you different) so I'd probably go for it. Life is too short and in these times the feel good factor is important!

Thanks Cheib - it is darker than the photos suggest.

I've been told mid-Q3 for a GTS Cab so I'd guess another 7 months away.

Does £109k seem reasonable for a nearly 2 year old 992 Cab?

Sounds great. As AV said I think it’s a great colour combo for a Cab although maybe I am biased as for reason I have always liked Cab’s with coloured roof’s.

Can’t help on value but other seems to think it’s a tad expensive. OPC will likely have between £5k and £10k commission on SoR and maybe the owner has some flex.

Agree with Cheib red/blue cab roofs are good news and sell well esp on silver cars.

Porsche Sutton are Pendragon who would generally take up to £10k but as little as £4k on SOR cars but this depends largely on the owners buying/selling relationship with the OPC.

[Louis Balfour]

av185 said:

Agree with Cheib red/blue cab roofs are good news and sell well esp on silver cars.

Porsche Sutton are Pendragon who would generally take up to £10k but as little as £4k on SOR cars but this depends largely on the owners buying/selling relationship with the OPC.

No, you're disagreeing with Cheib (and me) who said the red is not something a lot of people will go for.

Blue is a different matter entirely. Far broader appeal.

[gtsralph]

RichardAP said:

Don’t forget the OTR costs, probably another £2k with the first year VED, and assuming the dealer makes a margin it’s probably cost around £26k, c20% in 17 months. So I guess it depends on what value you put on being the first owner.

Registered 5/19 therefore factory warranty only to 5/22. The Centre will need to buy 12 months approved warranty to get to more than 2 years and unlikely to sell for the £108,990 listed. Trade in value £98k - £100k?

[av185]

Louis Balfour said:

Blue is a different matter entirely. Far broader appeal.

Not on a 992 Cab.

No measurable difference whatsoever in appeal to a used 992 cab buyer and no difference whatsoever in value.

[Louis Balfour]

av185 said:

Louis Balfour said:

Blue is a different matter entirely. Far broader appeal.

Not on a 992 Cab.

No measurable difference whatsoever in appeal to a used 992 cab buyer and no difference whatsoever in value.

Why is a 992 Cab different from other cars?

[av185]

Louis Balfour said:

av185 said:

Louis Balfour said:

Blue is a different matter entirely. Far broader appeal.

Not on a 992 Cab.

No measurable difference whatsoever in appeal to a used 992 cab buyer and no difference whatsoever in value.

Why is a 992 Cab different from other cars?

How many 911 Cabs have you sold?

Serious question.

[Louis Balfour]

av185 said:

Louis Balfour said:

av185 said:

Louis Balfour said:

Blue is a different matter entirely. Far broader appeal.

Not on a 992 Cab.

No measurable difference whatsoever in appeal to a used 992 cab buyer and no difference whatsoever in value.

Why is a 992 Cab different from other cars?

How many 911 Cabs have you sold?

Serious question.

None. But I have sold plenty of Porsches and those with outré options are more difficult to sell.

Presumably you sell one red-roofed 911 cab a week, do you?