12 GT4's for sale on PistonHeads and growing
Discussion
Str6mik said:
Basically I need someone to tell me that the gt4 is a sound place to put my money rather than buying a house to rent!
Renting is a 15 year plan min or a retirement present.
GT4 you can drive now, it's pretty simple answer imo.
TDT said:
As much as i love my GT4... my money would be going into the house... can always fund towards a GT4 with any profit from the house.
The choice is really two houses to rent ... or a gt4... or an exige 350 sport and one house to rent. My heart is saying gt4. Head exige and a house !
Porsche911R said:
you cannot drive a house ? so that's flawed and by the time you make any money you will be too old to want a GT4 !!!
Renting is a 15 year plan min or a retirement present.
GT4 you can drive now, it's pretty simple answer imo.
I like the cut of your jib. Can I have a reference for the misses? Renting is a 15 year plan min or a retirement present.
GT4 you can drive now, it's pretty simple answer imo.
Porsche911R said:
you cannot drive a house ? so that's flawed and by the time you make any money you will be too old to want a GT4 !!!
Renting is a 15 year plan min or a retirement present.
GT4 you can drive now, it's pretty simple answer imo.
I like the cut of your jib. Can I have a reference for the misses? Renting is a 15 year plan min or a retirement present.
GT4 you can drive now, it's pretty simple answer imo.
Str6mik said:
TDT said:
As much as i love my GT4... my money would be going into the house... can always fund towards a GT4 with any profit from the house.
The choice is really two houses to rent ... or a gt4... or an exige 350 sport and one house to rent. My heart is saying gt4. Head exige and a house !
An Exige 350 is an excellent car, have you tried the GT4 and the Exige back to back? (Maybe consider an S2 260 Exige as an even smarter place to stick your cash).
I'm having this dilemma just now too!
My man maths tells me that I should do it now, kids in the next year or two and i'll need to have something a little less focused and with a lot more seats. I'm also hopeful that while the car will depreciate, it won't be as precipitous as it could be if the 718 was universally loved by journos.
Carpe diem!
(if you'd like to sell me your GT4 send me a pm!)
My man maths tells me that I should do it now, kids in the next year or two and i'll need to have something a little less focused and with a lot more seats. I'm also hopeful that while the car will depreciate, it won't be as precipitous as it could be if the 718 was universally loved by journos.
Carpe diem!
(if you'd like to sell me your GT4 send me a pm!)
TDT said:
Str6mik said:
Basically I need someone to tell me that the gt4 is a sound place to put my money rather than buying a house to rent!
Does that help? ;-)
House = long term & very sensible. Don't forget to factor-in the changing taxation picture whereby mortgage costs etc can no longer be offset (being rolled-out gradually Apr '17 to full effect in Apr '20).
Try to drive the Exige before you make any firm decisions. In my view there's more engineering integrity in the execution of a Porsche door handle than in the entire Exige, and the gearbox isn't great, even when the cables are correctly adjusted. Not as sharp when really pushing as you'd think either.
Most cars (GT4 included) should not be viewed as investments in my view. Enjoy them, take a hit, move on. Cars cost money...usually lots of it. Unless you're one of the chosen few.
Property on the other hand seems a reasonable place to sink some money, but only for the long term due to the associated purchase costs involved. But it's boring, and there's more admin, and a constant stream of little (and not so little) issues to deal with.
Depends whether you live for the moment, or plan for the future...
Try to drive the Exige before you make any firm decisions. In my view there's more engineering integrity in the execution of a Porsche door handle than in the entire Exige, and the gearbox isn't great, even when the cables are correctly adjusted. Not as sharp when really pushing as you'd think either.
Most cars (GT4 included) should not be viewed as investments in my view. Enjoy them, take a hit, move on. Cars cost money...usually lots of it. Unless you're one of the chosen few.
Property on the other hand seems a reasonable place to sink some money, but only for the long term due to the associated purchase costs involved. But it's boring, and there's more admin, and a constant stream of little (and not so little) issues to deal with.
Depends whether you live for the moment, or plan for the future...
Some fantastic responses that will be refined into a final proposal for approval by the other half
I think i'm 60% going to go for the GT4 over the exige / cayman R and resign myself to eating beans and dry bread in my twighlight years. The misses will no doubt have part ex me at that point so won't have anyone to support. The comment around the engineering of the Lotus stuck with me - I've always felt they slightly flatter to deceive, and when you see a car with 1800 miles with the window seals looking like they have withstood an orbit of the sun it does detract somewhat.
If I definitively knew that the car going around the ring was the new 718 GT4 I would buy the 981 GT4 tomorrow.
The nagging unknown is if they put a detuned 4.0 GT3 lump in. Obviously the sensible thing is to wait for the 718 to be released - as I would image there wouldn't be a shortage of stock as no doubt a few people that would trade in their 981 for the 718 just to have the latest must have.
It is totally absorbing making a decision, and I'm struggling to concentrate on anything else at the moment. I am enjoying the musings of other though!
I think i'm 60% going to go for the GT4 over the exige / cayman R and resign myself to eating beans and dry bread in my twighlight years. The misses will no doubt have part ex me at that point so won't have anyone to support. The comment around the engineering of the Lotus stuck with me - I've always felt they slightly flatter to deceive, and when you see a car with 1800 miles with the window seals looking like they have withstood an orbit of the sun it does detract somewhat.
If I definitively knew that the car going around the ring was the new 718 GT4 I would buy the 981 GT4 tomorrow.
The nagging unknown is if they put a detuned 4.0 GT3 lump in. Obviously the sensible thing is to wait for the 718 to be released - as I would image there wouldn't be a shortage of stock as no doubt a few people that would trade in their 981 for the 718 just to have the latest must have.
It is totally absorbing making a decision, and I'm struggling to concentrate on anything else at the moment. I am enjoying the musings of other though!
Edited by Str6mik on Tuesday 26th June 12:54
I've just sold a rental property in a major city as i feel that house prices will soften in the short term, in fact they already are. There were other factors for my sale but I wouldn't buy just at the moment heading into Brexit. I'd wait until we see the effects from it. You might be able to save yourself a few tens of thousands by hanging on and enjoying a GT4 in the meantime. Buy one right and you're not going to lose more than 10k in the next 12 - 24 months.
Hopes of making money on a GT4 are long term but very little loss from now on for sure.
Hopes of making money on a GT4 are long term but very little loss from now on for sure.
Fokker said:
Hopes of making money on a GT4 are long term but very little loss from now on for sure.
Don't disagree with your prognosis regarding the housing market but if bearish on UK property it's hard to see the car market ignoring it. Sales of the "volume premium brands" are all struggling at the moment and the high end car market is generally pretty tough I think....Porsche as a brand is probably the best place to be at the moment (no new cars for a few months will be shoring up the used market) but certainly last winter one of the specialist Porsche dealers had a shocking few months ( 25% of normal sales volumes from October through to Feb). I struggle to think of a better place to spend money on a £75k to £90k Porsche at the moment but you can't ignore the wider market totally. Personally I reckon next winter the car market will have a really hard time.
Cheib said:
Personally I reckon next winter the car market will have a really hard time.
That, the generally softer winter market for sports cars, and the likelihood of the 718 GT4 coming along all add-up to it being a good time to look at 981 GT4's. I'm holding out until then......it'll be just my luck if the 718 is forced induction, and is PDK only!
Even CH thinks the market is bonkers at the moment...
https://www.instagram.com/p/BkheCLSgMj-/?utm_sourc...
https://www.instagram.com/p/BkheCLSgMj-/?utm_sourc...
Interesting video from JayEmm as always. In my experience - Porsche Chester at least they have actually downplayed my views on the depreciation curve of the GT4. In the salesman's own words ' the bubble will have to burst on the GT4'. Currently I don't see how though. The values will only correct at a market level. I think the Gt4 is probably bang on price to under at the moment for what it is.
Cayman R - Struggle to get a decent one for under £45k. 987 Spyder's are £50k.981 GTS are £55k - £60k.
So ignoring the 911 world but in the box / cayman world I think the price hierarchy is right - and there isn't going to be a readjustment of GT4 prices until there is an overall market shift. For me the best demonstration that the Gt4 values are solid is that we have had two iterations of Porsche box/ cayman models since the R was launched, and the values are solid / rising.
The GT4 can only be stronger.
Cayman R - Struggle to get a decent one for under £45k. 987 Spyder's are £50k.981 GTS are £55k - £60k.
So ignoring the 911 world but in the box / cayman world I think the price hierarchy is right - and there isn't going to be a readjustment of GT4 prices until there is an overall market shift. For me the best demonstration that the Gt4 values are solid is that we have had two iterations of Porsche box/ cayman models since the R was launched, and the values are solid / rising.
The GT4 can only be stronger.
I think the R has received reflected glory from the 911R and the GT4, and it has been pulled up as JayEmm explains in the video. You could argue that the GT4 is the premium product, if you can't afford one you go for a GTS and if that's too rich you go for an R. Obviously there will be individuals who specifically choose each of the models, but I think JayEmm's generalisation is right and it's how Porsche work with the halo GT cars - reflected glory sells the rest of the range.
In my mind, there is a clear structure of R/GTS/GT4/GT3/GT3RS with 911R and GT2RS at the top. Changes in the demand and pricing of those two will push everything else downwards when the bubble bursts. It's only a matter of time before that happens with new models arriving, and those at the lower end of the scale will feel the hit far less than those at the top.
Bottom line - GT4 prices may drop a bit once the 718 GT4 comes out and the bubble deflates, but I can't see them going through the floor once all the hybrid and electric cars arrive. Last of the breed internal combustion engines will always have an enthusiastic following.
In my mind, there is a clear structure of R/GTS/GT4/GT3/GT3RS with 911R and GT2RS at the top. Changes in the demand and pricing of those two will push everything else downwards when the bubble bursts. It's only a matter of time before that happens with new models arriving, and those at the lower end of the scale will feel the hit far less than those at the top.
Bottom line - GT4 prices may drop a bit once the 718 GT4 comes out and the bubble deflates, but I can't see them going through the floor once all the hybrid and electric cars arrive. Last of the breed internal combustion engines will always have an enthusiastic following.
Cheib said:
JZM had two PTS cars for sale about a month ago one Viper Green which they still have and another one which seems to have come back up for sale which is Riviera Blue...if it is the same car it's up for more money than it was before.
looks the same to me, A CS without the track app chrono !!! I remember thinking odd before.if you spec CS you spec the lap timer !!! imo of course
they were the same money just the Viper one has been dropped in price now a little.
Edited by Porsche911R on Wednesday 27th June 16:18
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