RE: Porsche 718 Cayman GT4 first ride
Discussion
Slippydiff said:
isaldiri said:
the article said:
but the GT4 feels almost race-car like...
Talk about laughable hyperbole....the old one definitely was anything but race-car like and neither will the new one.“The last GT4 was so lovely to steer, so engaging and so wonderfully in tune with your inputs”
Hilarious hyperbole
t. Maybe if you had just stepped out of an Audi A4 and knew no different. PhantomPH said:
Not 100% sure I agree with the second sentiment - When 'economic climate' is a concern, physical assets tend to be where people will put some money. And TBH history tells us that any GT series Porsche product will always command a strong price on the open market.
I have just lost a handful of cash on my 718CS (lost thick end of £20k in it's first year) and I put that down to two things - the 4-pot being a bit misunderstood and the fact that I dared to use it - so the mileage reads 10k right now.
Ironically, I think that the 718 values firmed up a little during the factory shutdown as people couldn't get them (perfect example of supply and demand) but that seems to have reversed now.
Shame really, as the 718S is a great car. Yes, the engine is an acquired taste but on the whole it's fast as feck, handles brilliantly, turns heads (if that's your bag) and has the badge on the nose that counts.
I see no reason why this GT4 will not do very well in the speculator arena - just perhaps not AS well as the previous generation.
You haven't even factored in the 20% VAT content on your new car purchase - which is guaranteed depreciation on virtually all new cars - especially the "non speculator" versions. I have just lost a handful of cash on my 718CS (lost thick end of £20k in it's first year) and I put that down to two things - the 4-pot being a bit misunderstood and the fact that I dared to use it - so the mileage reads 10k right now.
Ironically, I think that the 718 values firmed up a little during the factory shutdown as people couldn't get them (perfect example of supply and demand) but that seems to have reversed now.
Shame really, as the 718S is a great car. Yes, the engine is an acquired taste but on the whole it's fast as feck, handles brilliantly, turns heads (if that's your bag) and has the badge on the nose that counts.
I see no reason why this GT4 will not do very well in the speculator arena - just perhaps not AS well as the previous generation.
I make an observation based on what I hear a substantial amount of the younger generation - sub 35 year olds or 'millennials' say about any form of purchase, that they are "Investing" in a new......(insert your item of choice here) Car, Phone, TV, Printer, Laptop, Hairdryer, Fridge, Settee, Bed, Dog etc, etc. Unfortunately these poor (especially after their investing) individuals, have bought the modern marketing hype and B S and been suckered in by big business.
You poor dimwits - you are actually buying a commodity to own and use - it is NOT an INVESTMENT ! Even the Finacial Services Authority now have to advise you in advertising such services "That investments can down - as well as up"
Rant over :-)
Buy the Car you like, drive it, love it, get some value out of your "investment"....
Edited by Oakman on Saturday 6th July 00:08
"Invest: To buy a product where the usefulness will repay the outlay"
Nobody thinks they are investing in the things you listed - they are just using the word 'invest' as part of their lexicon.
No cause for a rant, my man - cross that one off your rant list...plenty of other things to rant about, that's for sure!!
Nobody thinks they are investing in the things you listed - they are just using the word 'invest' as part of their lexicon.
No cause for a rant, my man - cross that one off your rant list...plenty of other things to rant about, that's for sure!!
Ursicles said:
Is it possible to buy one of these?
Lots of things saying numbers aren't limited - might need to pop to the OPC and have a chat.
If you are not a regular purchaser then imho you have no chance. Whilst they aren't strictly limited to say 500 they will still be limited by small build numbers over a limited period.Lots of things saying numbers aren't limited - might need to pop to the OPC and have a chat.
TX.
PhantomPH said:
SidewaysSi said:
I got offered one but turned it down. Easy to get one IME.
Not sure with the current economic climate that speculators will be that interested this time.
Not 100% sure I agree with the second sentiment - When 'economic climate' is a concern, physical assets tend to be where people will put some money. And TBH history tells us that any GT series Porsche product will always command a strong price on the open market.Not sure with the current economic climate that speculators will be that interested this time.
I have just lost a handful of cash on my 718CS (lost thick end of £20k in it's first year) and I put that down to two things - the 4-pot being a bit misunderstood and the fact that I dared to use it - so the mileage reads 10k right now.
Ironically, I think that the 718 values firmed up a little during the factory shutdown as people couldn't get them (perfect example of supply and demand) but that seems to have reversed now.
Shame really, as the 718S is a great car. Yes, the engine is an acquired taste but on the whole it's fast as feck, handles brilliantly, turns heads (if that's your bag) and has the badge on the nose that counts.
I see no reason why this GT4 will not do very well in the speculator arena - just perhaps not AS well as the previous generation.
[quote=PhantomPH]"Invest: To buy a product where the usefulness will repay the outlay"
I think we are both indeed reading from the same hymn sheet.
I did however question my understanding off the word 'invest' - having now checked a dictionary, it stated a financial investment was done in the expectation of a financial gain. No mention of usefulness in there to repay any form of outlay.
I did overstate my observation of some of the younger generations use of the word "invest" as a 'rant' and stand corrected.
I do however stand by my observation that a certain age range of our country have been brainwashed into thinking that everything they purchase can be an "investment".
As you rightly say it is in their lexicon of terminology and thinking, sadly misunderstood and misused.
With regards to purchasing an automobile, they have mostly always been a depreciating commodity. We have been living through a very changeable and difficult financial period of time for around 10 years, not only in the UK but globally. Many wealthy people, let alone the more average person, have seen the value of their holdings and investments deteriorate.
When traditional items of value go down, speculators look for other places to place their money. In Britain we have a tax situation where if someone happens to be fortunate to make a profit on the sale of a mechanical vehicle, they do not pay any Capital Gains Tax - hence 'investments' into Classic and limited production motor vehicles, as a result we have seen a boom in values of such items. As this is observed by the more ordinary person, they see the rich apparently get richer by this process, it understandably drives a demand to get on the financial gain bandwagon.
I am fortunate to know some people who have some of what are considered to be 'investment' standard cars, luckily they all have the same mindset, they bough the car to enjoy driving it - not wrapped in silk in an air-conditioned, purified air, dehumidified storage facility unused.
They are vehicles designed to be driven, they are not best left stored and unused - quite to the contrary for their true mechanical health.
Buy them drive them, service them, Enjoy Them - the 'investment' is in the full ownership experience.
I think we are both indeed reading from the same hymn sheet.
I did however question my understanding off the word 'invest' - having now checked a dictionary, it stated a financial investment was done in the expectation of a financial gain. No mention of usefulness in there to repay any form of outlay.
I did overstate my observation of some of the younger generations use of the word "invest" as a 'rant' and stand corrected.
I do however stand by my observation that a certain age range of our country have been brainwashed into thinking that everything they purchase can be an "investment".
As you rightly say it is in their lexicon of terminology and thinking, sadly misunderstood and misused.
With regards to purchasing an automobile, they have mostly always been a depreciating commodity. We have been living through a very changeable and difficult financial period of time for around 10 years, not only in the UK but globally. Many wealthy people, let alone the more average person, have seen the value of their holdings and investments deteriorate.
When traditional items of value go down, speculators look for other places to place their money. In Britain we have a tax situation where if someone happens to be fortunate to make a profit on the sale of a mechanical vehicle, they do not pay any Capital Gains Tax - hence 'investments' into Classic and limited production motor vehicles, as a result we have seen a boom in values of such items. As this is observed by the more ordinary person, they see the rich apparently get richer by this process, it understandably drives a demand to get on the financial gain bandwagon.
I am fortunate to know some people who have some of what are considered to be 'investment' standard cars, luckily they all have the same mindset, they bough the car to enjoy driving it - not wrapped in silk in an air-conditioned, purified air, dehumidified storage facility unused.
They are vehicles designed to be driven, they are not best left stored and unused - quite to the contrary for their true mechanical health.
Buy them drive them, service them, Enjoy Them - the 'investment' is in the full ownership experience.
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