20k deposit 600 pcm what can it get me?

[Stu-nph26]

I'm looking to treat myself. I have 20k deposit and happy to pay around 600 per month with a balloon at the end for something that won't lose much in depreciation.

Current options seem to be a Cayman GT4 or a 991.1 GTS. What am I missing what else could that kind of money get me?

[jjr1]

Stu-nph26 said:

I'm looking to treat myself. I have 20k deposit and happy to pay around 600 per month with a balloon at the end for something that won't lose much in depreciation.

Current options seem to be a Cayman GT4 or a 991.1 GTS. What am I missing what else could that kind of money get me?

Nothing else.

These would be both my first choices for a fun, slow depreciating car, with decent reliability.

[Stu-nph26]

jjr1 said:

Nothing else.

These would be both my first choices for a fun, slow depreciating car, with decent reliability.

I think I'm leaning towards the GTS because of the back seats but I think the GT4 will hold it's value better

[Stu-nph26]

Went down like a lead balloon this thread. I must be missing some decent options worth consideration

[Pistonheader101]

New M5 comp is 10k down 1k a month if that helps

[CJ1]

Cayman GT4 is the answer simply! Maybe have a look at a R8 V10 Plus?

[Stu-nph26]

Pistonheader101 said:

New M5 comp is 10k down 1k a month if that helps

Yeah I do love the M5 but that will depreciate like a stone unfortunately

[Stu-nph26]

I do like the R8 that v10 is very appealing. No idea what they’re like depreciation wise will need to look into it cheers for the recommendation

[Stu-nph26]

Waiting for Audi to give me some figures on this

https://usedcars.audi.co.uk/usedcar/audi/r8/r8/pet...

Love this but it'll be too rich for me

https://usedcars.audi.co.uk/usedcar/audi/r8/r8/pet...

[Over over under steer]

Stu-nph26 said:

Waiting for Audi to give me some figures on this

https://usedcars.audi.co.uk/usedcar/audi/r8/r8/pet...

Love this but it'll be too rich for me

https://usedcars.audi.co.uk/usedcar/audi/r8/r8/pet...

those R8s look lovely. Stick with the older one, softer on the wallet and depreciation will be less. Will feel more special than the Porsche, but as a Porsche owner myself (981) I love the practicality of two boots, understated nature and the ability to take the roof down.

Post back on here what they quote you for the R8.

[Stu-nph26]

Over over under steer said:

those R8s look lovely. Stick with the older one, softer on the wallet and depreciation will be less. Will feel more special than the Porsche, but as a Porsche owner myself (981) I love the practicality of two boots, understated nature and the ability to take the roof down.

Post back on here what they quote you for the R8.

The cheaper R8 is sold but they quoted me on the more expensive blue one.

£20,000 deposit

4 years

10,000 miles per annum

£1,080 per month.

Ouch that feels very expensive

[PrinceRupert]

£71,840 to drive an £89k car for 4 years seems very expensive.

[ChocolateFrog]

Stu-nph26 said:

Over over under steer said:

those R8s look lovely. Stick with the older one, softer on the wallet and depreciation will be less. Will feel more special than the Porsche, but as a Porsche owner myself (981) I love the practicality of two boots, understated nature and the ability to take the roof down.

Post back on here what they quote you for the R8.

The cheaper R8 is sold but they quoted me on the more expensive blue one.

£20,000 deposit

4 years

10,000 miles per annum

£1,080 per month.

Ouch that feels very expensive

So north of £70k and they tell you how often you can use it?

You could buy a Manual R8 V10 outright, insure, service and run it for a year or two for that kind of cash, that's what I'd be doing.

Edit because it's even worse than I thought.

Edited by ChocolateFrog on Wednesday 27th January 12:46

[Jefferson Steelflex]

Depends on where you buy the Porsche from, there's a massive mark-up at OPCs on the price, and they stiff you a bit on the Final Payment.

Your money would go further using a 3rd party finance house and buying from a reputable indy, but either of the 991.1GTS or Cayman GT4 would be good cars. If the 991 is your weapon of choice, and you're ok with PDK, have a look at the Gen 1 Turbo S as well.

But in general, GTS or GT products do pretty well on depreciation.

[f1ten]

You could presumably get into an old shape Aston vantage v12 for these sort of figures and they have held up well as not likely the new vantage will see the v12 engine

[anonymous-user]

Stu-nph26 said:

Over over under steer said:

those R8s look lovely. Stick with the older one, softer on the wallet and depreciation will be less. Will feel more special than the Porsche, but as a Porsche owner myself (981) I love the practicality of two boots, understated nature and the ability to take the roof down.

Post back on here what they quote you for the R8.

The cheaper R8 is sold but they quoted me on the more expensive blue one.

£20,000 deposit

4 years

10,000 miles per annum

£1,080 per month.

Ouch that feels very expensive

What's the balloon?

[blueg33]

I would go used.

Depreciation on the right Ferrari eg a 430 would be minimal

Edited by blueg33 on Wednesday 27th January 14:10

[RichardAP]

Based on that spend you are most likely looking at a “cash price “ of £60k to £65k.

Can’t guarantee the residuals but I guess others to consider from those already mentioned might include

DB9
Lotus Evora
F type
AMG GT
Nissan GTR

Depends on what floats your boat.

[Over over under steer]

Stu-nph26 said:

The cheaper R8 is sold but they quoted me on the more expensive blue one.

£20,000 deposit

4 years

10,000 miles per annum

£1,080 per month.

Ouch that feels very expensive

Ouch indeed, feels a lot.

Outside idea for you, £20k in plus £25k bank loan give you £45k. That'll get you a GTS 981 Porsche, should be pretty okay depreciation wise and a lovely car. 9/10's a GT model unless you intend to track it.

HSBC will give you £25k over 4 yrs at the moment for £590/month, so in your budget, but you'll end up better off when you come to sell than going with the Audi option.

[Stu-nph26]

blueg33 said:

I would go used.

Depreciation on the right Ferrari eg a 458 or a 430 would be minimal

There's no way I'd be able to get into a 458 surely they are way over 100k