Cayman GT4 questions
Cayman GT4 questions
Author
Discussion

JapanRed

Original Poster:

1,589 posts

133 months

Wednesday 1st March 2017
quotequote all
Hi all,

Am I right in thinking 50 Cayman GT4's came to the UK?
There are currently 20-25 for sale in the U.K. At between £90-110k. Surely 50% of all owners aren't bored already? Are they just looking to make a quick buck?

Do we think the prices will drop or are they unlikely to go below the £88k that I've seen? I'd really like one but the current prices are really very high considering they are ALMOST in Ferrari, Lamborghini and McLaren territory and they are also close in price to some other very respectable Porsches.

Twinfan

10,125 posts

126 months

Wednesday 1st March 2017
quotequote all
595 GT4s were registered in the UK.

Prices will follow supply and demand, as always. I think as a new car they were great value for money, but I don't think they're worth a £15k premium. Others will disagree though!

JapanRed

Original Poster:

1,589 posts

133 months

Wednesday 1st March 2017
quotequote all
Thanks for the info; I didn't realise so many came to the UK.

Twinfan

10,125 posts

126 months

Wednesday 1st March 2017
quotequote all
No problem. There are more GT4s than GTSs, they weren't that limited as Porsche stopped making base/S/GTS models to increase supply of GT4s.

They're a great car, but as you say for £90k you're into the territory of other options. I think "Fokker" on here did what I would have done - moved from a GT4 into a 991.1 GTS for a small cost to change. A good way to get £20k off the 911!

BubblesNW

1,711 posts

205 months

Wednesday 1st March 2017
quotequote all
Twinfan said:
595 GT4s were registered in the UK.

Prices will follow supply and demand!
Agreed. However, for the money there are few alternatives with the performance, reliability, usability and newness etc.
Long term I wouldn't be surprised if the 981 Spyder retained more value due to their relative scarcity compared to a GT4.

You might be able to get a Ferrari or Lamborghini for £100k but would you track it, put 5k miles per year on it and maintain it for a reasonable cost? - I suspect not. It could be a fair comparison if you just want an occasional Sunday morning trip or weekend away in the summer and plan on less than 2k miles per year.

franki68

11,392 posts

243 months

Wednesday 1st March 2017
quotequote all
You wouldn't get much of a Ferrari or Lamborghini for that money,and the gt4 is better to drive,more useable and costs significantly less to run than any 100k Lamborghini or Ferrari I can thInk of.

GT4P

5,769 posts

207 months

Wednesday 1st March 2017
quotequote all
Twinfan said:
No problem. There are more GT4s than GTSs, they weren't that limited as Porsche stopped making base/S/GTS models to increase supply of GT4s.
!
Yet now there is a lot more Cayman Gts for sale than to gt4 of cars sold new ! The gts is also overpriced second hand IMHO and if the gt4 should be some £10-15k then so should the Gts!

Twinfan

10,125 posts

126 months

Wednesday 1st March 2017
quotequote all
I agree - I think 991 and 981 GTSs will track GT3 and GT4 prices and once the GTs drop then the GTSs will too.

mdianuk

2,893 posts

193 months

Wednesday 1st March 2017
quotequote all
The GT4 should have been £75k list for the car it is, so anyone buying at around £85-£90k with options is paying fair market value. The GT4 isn't a limited run car, there is plenty of choice out there, yet prices are still holding strong, even over winter; that says a lot.

boxsey

3,579 posts

232 months

Wednesday 1st March 2017
quotequote all
JapanRed said:
Do we think the prices will drop or are they unlikely to go below the £88k that I've seen? I'd really like one but the current prices are really very high considering they are ALMOST in Ferrari, Lamborghini and McLaren territory and they are also close in price to some other very respectable Porsches.
I always find this sort of thinking to be quite odd. There's an assumption that if the P car was the same price as the F, L and M car that the Porsche wouldn't get a look in. The GT4 is a great driver's car and I would be surprised if anyone said that one of the other marques at an equivalent price is better. I guess it's because some people feel the other marques provide more of an 'event' which is another odd thing to me as I like to go for a drive rather than an event.

GT4P

5,769 posts

207 months

Wednesday 1st March 2017
quotequote all
Twinfan said:
I and once the GTs drop then the GTSs will too.
IF ! Cannot see it happening anytime soon unless Porsche reintroduce the n/a flat6 back into 911 and caysters!

Twinfan

10,125 posts

126 months

Wednesday 1st March 2017
quotequote all
Agreed, it's an "if". Time will tell.

trowelhead

1,867 posts

143 months

Wednesday 1st March 2017
quotequote all
I'm in a similar boat here, really would like to get into a GT4 but nervous about taking a big hit if the market moves.

Would it be fair to look at 997 GT3 prices as some sort of guide into what these could be worth in the future?

Twinfan

10,125 posts

126 months

Wednesday 1st March 2017
quotequote all
Very hard to say, GT3s are different beasts not least because they're a 911. If the market moves I think GT4s (and Caymans in general) would be affected more than certain 911s and GT3s.

cypriot

502 posts

121 months

Wednesday 1st March 2017
quotequote all
i would personally wait a few weeks to see what happens at geneva with the new GT3, and how that affects the current gt3 and gt4 market. But as others have said, still a great car, and even if there is a drop in values, the drop will be nothing like normal car depreciation, so still winning.

Koln-RS

4,080 posts

234 months

Wednesday 1st March 2017
quotequote all
trowelhead said:
I'm in a similar boat here, really would like to get into a GT4 but nervous about taking a big hit if the market moves.
Would it be fair to look at 997 GT3 prices as some sort of guide into what these could be worth in the future?
If the market tumbles, everything will drop. However, there's no current indication it will - lots of people still want to own a premium/recreational/classic/indulgence car, so the market has a firm foundation.

But, even if it did, the very best examples won't fall as much as the mainstream stuff and, whether you buy a GT4 or a GT3, you'll have the pleasure of owning one of the very best real world cars Porsche has ever made.

theRossatron

1,031 posts

254 months

Wednesday 1st March 2017
quotequote all
Koln-RS said:
If the market tumbles, everything will drop. However, there's no current indication it will - lots of people still want to own a premium/recreational/classic/indulgence car, so the market has a firm foundation.

But, even if it did, the very best examples won't fall as much as the mainstream stuff and, whether you buy a GT4 or a GT3, you'll have the pleasure of owning one of the very best real world cars Porsche has ever made.
This was my thought. Just picked up my GT4 yesterday, absolutely fantastic car. Worth all the pennies!


trowelhead

1,867 posts

143 months

Wednesday 1st March 2017
quotequote all
cypriot said:
i would personally wait a few weeks to see what happens at geneva with the new GT3, and how that affects the current gt3 and gt4 market. But as others have said, still a great car, and even if there is a drop in values, the drop will be nothing like normal car depreciation, so still winning.
Good advice, this would be my hopes anyway smile

Koln-RS said:
If the market tumbles, everything will drop. However, there's no current indication it will - lots of people still want to own a premium/recreational/classic/indulgence car, so the market has a firm foundation.

But, even if it did, the very best examples won't fall as much as the mainstream stuff and, whether you buy a GT4 or a GT3, you'll have the pleasure of owning one of the very best real world cars Porsche has ever made.
This is true.

theRossatron said:
This was my thought. Just picked up my GT4 yesterday, absolutely fantastic car. Worth all the pennies!

Looks stunning, thats the colour i want too - very very nice, enjoy thumbup

Do i spot a clio williams there too?!

Edited by trowelhead on Wednesday 1st March 15:55

theRossatron

1,031 posts

254 months

Wednesday 1st March 2017
quotequote all
Thanks man! Its a stunning colour in the flesh and yes, good eye, it is indeed a Clio Williams smile

mdianuk

2,893 posts

193 months

Wednesday 1st March 2017
quotequote all
Cannot see a market shift on these, they are too good a car with very little competition in the same price range. Considering the numbers that have possibly sold over the winter months, there are quite a few happy buyers out there (including the above) that clearly don't have much concern about a sudden drop in value.