12 GT4's for sale on PistonHeads and growing

[chrisABP]

md_ian said:

Sorry for the lack of updates, my 3yo son had an accident last week (just minutes after I saw you ChrisABP) and we've spent a few days in hospital. Slow journey to recovery now.

Hi Ian, hope its nothing serious mate and the little fella is on the mend.

Chris

[md_ian]

Twinfan said:

It looks like prices have softened a little as most seem to be in the £80,000s now, so well above list, but not quite as high as they were?

Avg dropped about £1,500 to £89,505 so hardly a big change.

[Twinfan]

md_ian said:

Avg dropped about £1,500 to £89,505 so hardly a big change.

True, just seems more noticeable to me now that most prices begin with an 8.

[Porsche911R]

not much has changed if you want , buckets, PCM, carbon and leather it seems.

If anything the cars are worse value today as they have more miles on them for the same price they were with 1k miles on them.

[Fokker]

I really don't think most people would be bothered about spending 94k as against 88k. At that money 6k makes little difference to most people at that price point. It's more about the spec people want than the asking price imo. It'll take a little time for them to settle with owners who will keep them perhaps. Its a new toy at the end of the day. We just need to be grateful that Porsche made a few more of them.

Just had a 350 mile run in mine to North Wales and back on hot sticky twisty tarmac. Just turned 5000 miles. Epic car.
If I'm lucky enough to get the next GT4, I might just keep it forever.

[SidewaysSi]

Fokker said:

I really don't think most people would be bothered about spending 94k as against 88k. At that money 6k makes little difference to most people at that price point. It's more about the spec people want than the asking price imo. It'll take a little time for them to settle with owners who will keep them perhaps. Its a new toy at the end of the day. We just need to be grateful that Porsche made a few more of them.

Just had a 350 mile run in mine to North Wales and back on hot sticky twisty tarmac. Just turned 5000 miles. Epic car.
If I'm lucky enough to get the next GT4, I might just keep it forever.

Entirely agree. £6k is nothing at this level.

I may need to sell mine soon too - having second thoughts but an extremely demanding job, an 8 month old baby and 2 other 2 seater cars means it is not getting enough use.

[daro911]

SidewaysSi said:

Entirely agree. £6k is nothing at this level.

I may need to sell mine soon too - having second thoughts but an extremely demanding job, an 8 month old baby and 2 other 2 seater cars means it is not getting enough use.

Means it will depreciate a lot slower than the high milers - it sounds a keeper for those rare journeys and better than a depreciating £ sitting in the bank

[Porsche911R]

Fokker said:

I really don't think most people would be bothered about spending 94k as against 88k. At that money 6k makes little difference to most people at that price point. It's more about the spec people want than the asking price imo. It'll take a little time for them to settle with owners who will keep them perhaps. Its a new toy at the end of the day. We just need to be grateful that Porsche made a few more of them.

lend me £6k for a bit ;-)

I have worked hard and an ave earner, I Also know a lot of people like me in GT4's, £6k is a load of cash imo esp as we are talking a net figure here.
I am not sure the GT4 is a rich guys toy, although there will always be that 10% who do own them, but the few guys I have seen buy £95k GT4 have sold 911's like 996 and RS and have made £50 to £150k so paying overs at £95k was not an issue.

now the market has leveled and the rich people have the cars they want a £6k gap is a big gap, it's 8%

you could see a load of people on here come order time keeping spec to £70k while the VIP and rich were specing up 991 RS stating PCCB are a must have and add £20k to the value !! and having a 720S on order.

I bet there are a load of people looking to buy when the cars fall to a point in their heads and it's not £95k hence a lot of cars for sale atm.

be interesting to see how long it takes to sell the red Ashgoods car at £80k with buckets, leather and Carbon.
http://www.ashgood.co.uk/product/749/4-2016-porsch...

Edited by Porsche911R on Tuesday 11th July 09:31

[v8ksn]

Porsche911R said:

lend me £6k for a bit ;-)

I have worked hard and an ave earner, I Also know a lot of people like me in GT4's, £6k is a load of cash imo esp as we are talking a net figure here.
I am not sure the GT4 is a rich guys toy, although there will always be that 10% who do own them, but the few guys I have seen buy £95k GT4 have sold 911's like 996 and RS and have made £50 to £150k so paying overs at £95k was not an issue.

now the market has leveled and the rich people have the cars they want a £6k gap is a big gap, it's 8%

you could see a load of people on here come order time keeping spec to £70k while the VIP and rich were specing up 991 RS stating PCCB are a must have and add £20k to the value !! and having a 720S on order.

I bet there are a load of people looking to buy when the cars fall to a point in their heads and it's not £95k hence a lot of cars for sale atm.

be interesting to see how long it takes to sell the red Ashgoods car at £80k

I agree with most of that.

Personally, I think the GT4 is a £75k car

Those with £95k to spend, if another £6k in the pot is nothing to worry about then they have a lot more cars to choose from on the used market at £100k.

An F430 Ferrari is cheaper than £90k at the moment!

[Fokker]

Porsche911R said:

lend me £6k for a bit ;-)

I have worked hard and an ave earner, I Also know a lot of people like me in GT4's, £6k is a load of cash imo esp as we are talking a net figure here.
I am not sure the GT4 is a rich guys toy, although there will always be that 10% who do own them, but the few guys I have seen buy £95k GT4 have sold 911's like 996 and RS and have made £50 to £150k so paying overs at £95k was not an issue.

now the market has leveled and the rich people have the cars they want a £6k gap is a big gap, it's 8%

you could see a load of people on here come order time keeping spec to £70k while the VIP and rich were specing up 991 RS stating PCCB are a must have and add £20k to the value !! and having a 720S on order.

I bet there are a load of people looking to buy when the cars fall to a point in their heads and it's not £95k hence a lot of cars for sale atm.

be interesting to see how long it takes to sell the red Ashgoods car at £80k

I'm sick of the whole price thing, I'm sure a lot of us on here are and its actually great to see quite a few GT4's for sae now with a few miles under their belts. £6k on a PCP which is how a lot of people finance these things, rightly or wrongly is about £120 per month over 4 years so if thats a lot of money should they really be spending the best part of £100k on a car?!

There are a few for sale as lots were made in the first place. I don't see anything wrong with 20 cars in the Porsche network. it's not a lot considering there are about 40 OPC's now.

You say you're an average earner David but I don't know many people on average wages that can afford to run 3 limited run Porsche's and various Audi's at the same time plus be buying a new GT3 at £130k spec'd.

[Fokker]

v8ksn said:

An F430 Ferrari is cheaper than £90k at the moment!

If you want paddle shift yes but 120k plus for a manual 430.

People buying a GT4 are buying a new car. Most 430's are in fairly worn condition these days and the interior is pretty creaky and worn unless it has literally no mileage. The 458 is much more expensive for a reason.

[Porsche911R]

Fokker said:

You say you're an average earner David but I don't know many people on average wages that can afford to run 3 limited run Porsche's and various Audi's at the same time plus be buying a new GT3 at £130k spec'd.

I really am a low tax bracket earner. I buy 2nd hand, I buy ltd ed cars which hold value, and I am 48 and have taken years to build up my cars. (80 cars owned only bought 3 new ones(lost a bomb on those), only ever 1 on finance as I got 0% )

I am here because I don't buy on PCP, I don't fund banks or OPC pockets (although I am a good client and have 3 cars serviced there, and bought 2 2nd hand cars there), I don't buy new and I don't throw £6k away :-)

I sell all my cars private to max returns. (many owned my PH members)

People who meet me ask "how do I afford these cars" it's annoying as people seem to think I am on £100k+ I wish :-)
I get a lot of hassle owning my cars and green eyed monsters come out often , even mates !

Any one can do what I have done, but people are greedy, want that new car now and happy to pay £350 a month at 20 years old to drive some st box and be left in neg equity !

Or worse part ex cars and dropping £10k without blinking , look how well TH, Top555 and Romans are doing these days, it will all come to an end when the finance crash happens and it will !

If I could write/spell maybe I should do a book on how to buy your first £100k Sports car lol

Edited by Porsche911R on Tuesday 11th July 10:32

[PhantomPH]

Fokker said:

£6k on a PCP which is how a lot of people finance these things, rightly or wrongly is about £120 per month over 4 years so if thats a lot of money should they really be spending the best part of £100k on a car?!

I think it depends if you are talking about an actual £6k, £6k lost in depreciation or a dealer getting another £6k out of your via a PCP payment. I think if you buy any car on this earth at any price, you cannot moan when it's value changes - up or down. However, using your example you will find that someone financing a car will be working to a personal budget of some sort - "I can afford ABC deposit and XYZ per month...now what can that get me?". So yes, £120 per month makes a difference.

Like most people here, I could afford to pay more per month for my car - but why should I? I had a personal budget for my car when I bought it and if I could get a deal for less (which I did) then great! I certainly wouldn't expect anyone to be daft enough to just hurl £120 at a car dealer because 'hey...it's only money'. You won't have your money for long if you don't look after it.

I think you buy the car you want that fits in the budget you are comfortable with. If that's £10k or £100k it's all the same, really. (Note - obvs there are exceptions. I know a guy who liked the Aston DBS and the Bentley Conti GT so instead of deciding between the two, just bought both...)

Edited by PhantomPH on Tuesday 11th July 11:09

[Fokker]

PhantomPH said:

(Note - obvs there are exceptions. I now a guy who liked the Aston DBS and the Bentley Conti GT so instead of deciding between the two, just bought both...)

Thats the way to do it!

My original point was regarding get spec for the money. There are discounts available on these cars and I just think that people want a certain spec, they know what colour they want and what spec they want so if the right spec was available at a slight premium then they'd go for it in the majority of cases considering that outlay in the first place. What's the point of buy a car at 90k for example and not having the spec you want or as little compromise as you can? I just think that potential buyers are looking at the classifieds looking for the correct spec not the cheapest car on the market.

If prices come down then great for those on a budget, less will be on the market and due to demand prices will go back up again.

[rkwm1]

v8ksn said:

Personally, I think the GT4 is a £75k car

They will fall to that level pretty soon, if not less. Cars across the board have lost value compared to the peak of 12-18months ago. Has the bubble burst?

[HokumPokum]

ashgood car is cheap.

I think this cycle is fairly common for new cars no matter how good they are or how value for money when launched.

speculators, people who need to scratch the itch, new car only guys sell and true enthusiasts pick up the slack. Anticipation of a new GT4 also ferrets out more sellers in the category above and it takes time for the market to absorb. hence the downward pressure. It will level off when the next Gt4 comes out.

I remember when the 997 Gt3 RS reached £85k and then went upwards.
catching the bottom is more luck than skill but if you see a good one at a good price, trying to pick the bottom means you may give up the better car for the sake of a few K. I do think there is more to go in price but I also think that there will be a rather large adjustment in price for the next GT4. Maybe in time to come, you would have rued that you should have added a few more GT4s to the portfolio....

[Porsche911R]

rkwm1 said:

They will fall to that level pretty soon, if not less. Cars across the board have lost value compared to the peak of 12-18months ago. Has the bubble burst?

the ave car market is flooded atm, many dealers brought cars to avoid the new TAX rates, it is £2k showroom tax now on a nice car or even a basic Lotus Exige is crazy show room TAX.

The GT4 is not really a part of this issue of over stock.

there is not another car at £80k that can do what the GT4 can bar a 997.1 GT3 and many people would rather the newer GT4,althought the GT3 has a great following and buyers are either in one camp or the other.

So the bubble has not burst, dealers have too much stock of all cars, I think in 2/3 years time we might have a bubble burst when we get the PCP st storm and default payments and loads of owned cars in neg equity.

Untill then if you want a 185mph hard core newish manual , NA sports car with adjustment on sus to visit a track the GT4 has no rivals.

[Twinfan]

If the rumours are true, I think the 718 GT4 will affect 981 GT4 prices quite heavily. NASP engine based on the new GT3 and a manual or PDK gearbox will possibly be seen as making it a "better" car than the 981 version. As stated though, pricing could be an issue although Porsche will want to keep the Cayman in its place in the hierarchy.

I reckon the guess that they'll fall to £75k-ish, and therefore around list price with some options, is not a bad guess.

[GT4P]

Ask yourself this what new Porsche would you buy for >£100k?
In the past up to the 9x1 cars many of us lusted after the next model ie 9x6 to 9x7 etc but I think that has changed with the 718 and its F4 turbo costing as much as what a Gt4 was new and for that flat 6 experience you need at least £85k to buy a new 991.2 which will be base model and poverty spec. although that's not a bad thing .
So IMHO manual cars like gt4 , spyder, 9x7.2 cars,9x1 cars with a na engine being even more sort after and as time goes by and fewer good cars will be available hence keeping prices buoyant ! Even if there is some sort of crash yes prices will soften but not as much as £150k plus cars and even then those selling the really expensive toys will be looking for something cheaper for their motoring thrills and cars like the Gt4 fit nicely in that bracket
I also think prices will settle in the low to mid 70s but that may not be for a while!

[GT4P]

Twinfan said:

If the rumours are true, I think the 718 GT4 will affect 981 GT4 prices quite heavily. NASP engine based on the new GT3 and a manual or PDK gearbox will possibly be seen as making it a "better" car than the 981 version. As stated though, pricing could be an issue although Porsche will want to keep the Cayman in its place in the hierarchy.
.

A new Gt4 could have the opposite effect especially when the flippers come out to play and anyone with the current Gt4 will most likely get first dibs so it won't really affect them either!