The new 718 Gt4/Spyder are here!

The new 718 Gt4/Spyder are here!

Author
Discussion

MPorsche

202 posts

63 months

Thursday 23rd September 2021
quotequote all
Plenty on the used market to chose from

kmpowell

2,962 posts

230 months

Friday 24th September 2021
quotequote all
MPorsche said:
Plenty on the used market to chose from
... for at least £10k above list, and in a very interesting (manipulated!) market.

I have a provisional GT4 order (deposit paid, and awaiting an allocation at the end of the year), so I've been tracking all the OPC cars daily for the past 2-3 months, and there appears to be some constant trends appearing that are common practice amongst OPC's, which means they are fixing the market.

Knowing what I know, I wouldn't buy used, because the 'solid' values that are projected are in fact not quite that solid, unless you have specific spec cars.

northernmedia

1,988 posts

140 months

Friday 24th September 2021
quotequote all
Deposit down, I've been told approx 12 months wait.
Back to the marque after a bad experience years ago with a 997S.
Will sit alongside my V12VS.

Implus1

181 posts

42 months

Friday 24th September 2021
quotequote all
When did you put your deposit down?

I put mine at the end of July and was told I was 4th in line but not guaranteed an allocation

Budweiser

1,084 posts

186 months

Friday 24th September 2021
quotequote all
Lots of smiles this morning when we picked up our GT4.

Tony718

304 posts

48 months

Friday 24th September 2021
quotequote all
Budweiser said:
Lots of smiles this morning when we picked up our GT4.
Congrats, enjoy! Have you got any photos? Just heard the shipping block has been removed on my Spyder so hopefully take delivery in a couple of weeks.

Budweiser

1,084 posts

186 months

Friday 24th September 2021
quotequote all



Tony718

304 posts

48 months

Friday 24th September 2021
quotequote all
Budweiser said:


Stunning, congrats! Hope you got a full tank of fuel and get to enjoy it!

davidc1

1,550 posts

164 months

Friday 24th September 2021
quotequote all
Budweiser thats a classy spec.

kmpowell

2,962 posts

230 months

Friday 24th September 2021
quotequote all
Budweiser said:
Lovely. Classy spec. Congrats. beer


Budweiser

1,084 posts

186 months

Friday 24th September 2021
quotequote all
Thanks guys. Yes I was given a gift and a full tank so no queuing for me till tomorrow
biggrin

nf1

149 posts

149 months

Friday 24th September 2021
quotequote all
Implus1 said:
When did you put your deposit down?

I put mine at the end of July and was told I was 4th in line but not guaranteed an allocation
Ditto. Hopefully not by same dealer!

julian987R

6,840 posts

61 months

Friday 24th September 2021
quotequote all
Budweiser said:
Thanks guys. Yes I was given a gift and a full tank so no queuing for me till tomorrow
biggrin
umbrella I bet.

Evo9lution

637 posts

142 months

Friday 24th September 2021
quotequote all
julian987R said:
Budweiser said:
Thanks guys. Yes I was given a gift and a full tank so no queuing for me till tomorrow
biggrin
umbrella I bet.
Got a bottle of Laurent-Perrier champagne in a nice metal box with mine. Umbrella would have actually been more useful for me, personally (well, not really, as I never use one of those either), as I do not drink alcohol.

JeffC

1,691 posts

214 months

Friday 24th September 2021
quotequote all
kmpowell said:
MPorsche said:
Plenty on the used market to chose from
... for at least £10k above list, and in a very interesting (manipulated!) market.

I have a provisional GT4 order (deposit paid, and awaiting an allocation at the end of the year), so I've been tracking all the OPC cars daily for the past 2-3 months, and there appears to be some constant trends appearing that are common practice amongst OPC's, which means they are fixing the market.

Knowing what I know, I wouldn't buy used, because the 'solid' values that are projected are in fact not quite that solid, unless you have specific spec cars.
yeh I have seen all the ones advertised some are £15k plus over list, all at mo are manuals some with multiple owners and just about out of warranty, the majority advertised have been on autotrader for months .
tbh I would have no issue paying a premium if the exact car was available second hand and I will compromise as I am never gonna find what I want used just no fancy for paying someone such a massive premium for something that isn't close to what I want,think I would rather look at something else, the GTS starts to look value in comparison.

MPorsche

202 posts

63 months

Saturday 25th September 2021
quotequote all
kmpowell said:
MPorsche said:
Plenty on the used market to chose from
... for at least £10k above list, and in a very interesting (manipulated!) market.

I have a provisional GT4 order (deposit paid, and awaiting an allocation at the end of the year), so I've been tracking all the OPC cars daily for the past 2-3 months, and there appears to be some constant trends appearing that are common practice amongst OPC's, which means they are fixing the market.

Knowing what I know, I wouldn't buy used, because the 'solid' values that are projected are in fact not quite that solid, unless you have specific spec cars.
Yes, they let the used (official) market get to around 20 cars and I reckon they have an agreement to not list anymore. To make demand look strong… could be BS, but I don’t think you’ll ever see 40 on there (OPC)

kmpowell

2,962 posts

230 months

Saturday 25th September 2021
quotequote all
MPorsche said:
kmpowell said:
MPorsche said:
Plenty on the used market to chose from
... for at least £10k above list, and in a very interesting (manipulated!) market.

I have a provisional GT4 order (deposit paid, and awaiting an allocation at the end of the year), so I've been tracking all the OPC cars daily for the past 2-3 months, and there appears to be some constant trends appearing that are common practice amongst OPC's, which means they are fixing the market.

Knowing what I know, I wouldn't buy used, because the 'solid' values that are projected are in fact not quite that solid, unless you have specific spec cars.
Yes, they let the used (official) market get to around 20 cars and I reckon they have an agreement to not list anymore. To make demand look strong… could be BS, but I don’t think you’ll ever see 40 on there (OPC)
I agree it seems to be a stock of sometimes as low as 17 but never above 25. My observations and conclusions of it (yes I am that much OCD when it comes to prices because for me this is a big spend I'm making)...

1. OPC's in general initially put the GT'4 on sale at a higher price, they then do one of the following:

- Leave it at a price regardless if it sells or not i.e. Both these have been sat for sale for months and months at the same unchanged price
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

- Slowly reduce the price over 2-3 weeks to a level that is 'bottom of market', then if it doesn't sell remove it from view for a week and then reintroduce again at the high price and start the reduction cycle again. An example of this is Sheffield Porsche who do this their cars. Both these were over £100k a few weeks ago and are now at the bottom of the cycle again, and both cars were in the same cycle the previous month:
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

- Remove it from market (appearing to be sold) and a few weeks later it reappears (sometimes with another owner on the 'previous owners' number and at a slightly increased price):
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://www.autotrader.co.uk/car-details/202107014...

The only other OPC cars that appear to be selling (that have not reappeared), are:
Crayon cars that are circa £90k (regardless of spec). In the past month 3 of these have appeared and disappear in a matter of 24/48hours.
Silver cars that are sub £90k (regardless of spec). 2 examples of these have appeared and disappeared on the OPC in the last week alone, both at £89k.

Everything else is either brand new to market or going through one of the cycles above. Then you start looking at non-OPC cars. These just sit unsold at OPC price levels, or get passed/sold between dealer to dealer with the price increasing each time. Both the red and white cars at Ashgood have been with them for a while, both Redline cars, both cars at Gravelwood. All the £100K+ speculatively priced PDK cars are unsold. There was one car that flew out (gone in 3 days) a months ago, which was the manual Black one at DMB and that can only be because it was decently priced at £91k.

There are exceptions to the rule, of course, but the only cars that appear to be selling are cars c£90k which are in a conservative colour combo and/or crayon cars. smile


Edited by kmpowell on Saturday 25th September 13:04

MPorsche

202 posts

63 months

Saturday 25th September 2021
quotequote all
kmpowell said:
I agree it seems to be a stock of sometimes as low as 17 but never above 25. My observations and conclusions of it (yes I am that much OCD when it comes to prices because for me this is a big spend I'm making)...

1. OPC's in general initially put the GT'4 on sale at a higher price, they then do one of the following:

- Leave it at a price regardless if it sells or not i.e. Both these have been sat for sale for months and months at the same unchanged price
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

- Slowly reduce the price over 2-3 weeks to a level that is 'bottom of market', then if it doesn't sell remove it from view for a week and then reintroduce again at the high price and start the reduction cycle again. An example of this is Sheffield Porsche who do this their cars. Both these were over £100k a few weeks ago and are now at the bottom of the cycle again, and both cars were in the same cycle the previous month:
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

- Remove it from market (appearing to be sold) and a few weeks later it reappears with another owner on the 'previous owners' number and at a slightly increased price:
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

The only other OPC cars that appear to be selling (that have not reappeared), are:
Crayon cars that are circa £90k (regardless of spec). In the past month 3 of these have appeared and disappear in a matter of 24/48hours.
Silver cars that are sub £90k (regardless of spec). 2 examples of these have appeared and disappeared on the OPC in the last week alone, both at £89k.

Everything else is either brand new to market or going through one of the cycles above. Then you start looking at non-OPC cars. These just sit unsold at OPC price levels, or get passed/sold between dealer to dealer with the price increasing each time. Both the red and white cars at Ashgood have been with them for a while, both Redline cars, both cars at Gravelwood. All the £100K+ speculatively priced PDK cars are unsold. There was one car that flew out (gone in 3 days) a months ago, which was the manual Black one at DMB and that can only be because it was decently priced at £91k.

There are exceptions to the rule, of course, but the only cars that appear to be selling are cars c£90k which are in a conservative colour combo and/or crayon cars. smile
Yes I agree. The crayon one (v similar spec to mine) sold within days at ~£100k, crayon cars don’t seem to hang around long.
I tried to do a deal on a Gentian car at Brooklands which they had for around 6m. They wouldn’t budge, they even put the price up as you noted. In the end it went , helped by a very bid market I suspect.

anonymous-user

56 months

Saturday 25th September 2021
quotequote all
kmpowell said:
Both the red and white cars at Ashgood have been with them for a while,
The red one appears to have been sold.

kmpowell

2,962 posts

230 months

Saturday 25th September 2021
quotequote all
BlackWidow13 said:
kmpowell said:
Both the red and white cars at Ashgood have been with them for a while,
The red one appears to have been sold.
The red one was "reserved" a few days after it appeared, then it was back on sale, it's now showing as "reserved again" in teh past 24hours. Both cars have also jumped up and down by £1k over the time they have been for sale.

A small thing I also noticed is the descriptions are mixed up. The white one has the black bi-xenon upgrade, but it says in the description that it has LED's, and the red one has the LED's but says it has the Xenons. getmecoat