718 Engine - This made me think...

718 Engine - This made me think...

Author
Discussion

Miopyk

870 posts

146 months

Monday 13th January 2020
quotequote all
I think the problem they have now is that whatever they do with the new F6 model(s) they've hamstrung themselves with the power output on the GT4/Spyder which in itself is somewhat hamstrung by the 911. They can't get too close to them because it'll cannibalise sales there and take way some kudos from the halo models.

At the other end they need to make it more appealing that the current offering otherwise (apart from the obvious points made by the F6 fans) what's the point.

My guess and I think most logical since this is likely to coincide with a range refresh is that the current F4's will continue in the Base and S models with perhaps slight power increases and the GTS will go F6 with more power that the current GTS to give the incremental increase expected. I suspect that to keep interest you might see a number of other enhancements introduced with the 992 and this could include things like the new dash/console if they really want to see sales go up.

If this happens I'd expect the GTS to come later this year or even early next year to keep us in suspense. Of course they could offer further niche F6 models next year (Touring anyone) to maximise the investment returns.

All speculation of course but in this game my guess is as good as anyone else.

Londonminiporsche

41 posts

55 months

Monday 13th January 2020
quotequote all
This is all very useful. Against all this, is getting a £15k discount (47k instead of 62k) for a specced base model PDK with zero miles good value? I’d say about £12k of that spec is of value.

Or is it just to be expected if there is a model refresh. I have no context of historic discounts.


Andyoz

Original Poster:

2,889 posts

55 months

Monday 13th January 2020
quotequote all
They better offer another bloody Cayman R anyway !!!

lighten a few bits, no PASM suspension, buckets and some aero = boom

Edited by Andyoz on Monday 13th January 18:46

Miopyk

870 posts

146 months

Monday 13th January 2020
quotequote all
Londonminiporsche said:
This is all very useful. Against all this, is getting a £15k discount (47k instead of 62k) for a specced base model PDK with zero miles good value? I’d say about £12k of that spec is of value.

Or is it just to be expected if there is a model refresh. I have no context of historic discounts.
Mate, if that was me and it had everything I wanted in the right colour with the right wheels I'd buy it.



anonymous-user

55 months

Monday 13th January 2020
quotequote all
HighwayStar said:
Schmed said:
ETA: was interesting to see the base can be tuned to beat the mooted new F6 GTS and the S/GTS can be tuned over and above the GT4 fairly easily. That, and the torque characteristics of FI will see some red faces around the track given the difference in prices vs the NA lol.

How's the mileage on yours btw Highway ? Will you be posting on the 120k thread soon...? wink
Not for another 50k my friend... a load more of the sort of miles I like, the way I like it. If I’d wanted one of the fastest things I have stuff with TTs, bought a TT RS and tuned the sh!te out of it.

You really don’t get tired of telling us yours is faster the ours do you, it’s quite funny really. Outright speed has never been what it’s about for me but if that’s you thing, great. Enjoy. They’d be nothing worse than have a car you don’t like eh wink
You must barely use it, I'm sure you told me you were on 63k back in 2018 wink

I'm still loving mine, but unlike you I put on too many miles. I always thought the old one had so much more potential, and now it finally has the power to match the chassis. smile

anonymous-user

55 months

Monday 13th January 2020
quotequote all
Miopyk said:
Londonminiporsche said:
This is all very useful. Against all this, is getting a £15k discount (47k instead of 62k) for a specced base model PDK with zero miles good value? I’d say about £12k of that spec is of value.

Or is it just to be expected if there is a model refresh. I have no context of historic discounts.
Mate, if that was me and it had everything I wanted in the right colour with the right wheels I'd buy it.
+1

Twinfan

10,125 posts

105 months

Monday 13th January 2020
quotequote all
Londonminiporsche said:
This is all very useful. Against all this, is getting a £15k discount (47k instead of 62k) for a specced base model PDK with zero miles good value? I’d say about £12k of that spec is of value.

Or is it just to be expected if there is a model refresh. I have no context of historic discounts.
£15k of options on a base model is crazy. You won't get that back on resale, but if you're getting all that kit for £3k it's a good deal if you want all that stuff on the 2.0 model.

I'd be more inclined to ask for £15k off a stripper spec base model at around £50k taking it down to £35k...

Londonminiporsche

41 posts

55 months

Monday 13th January 2020
quotequote all
Twinfan said:
£15k of options on a base model is crazy. You won't get that back on resale, but if you're getting all that kit for £3k it's a good deal if you want all that stuff on the 2.0 model.

I'd be more inclined to ask for £15k off a stripper spec base model at around £50k taking it down to £35k...
It’s true but then when you add PDK, the metallic paint, parking sensors and bigger wheels that’s a couple of k.

Andyoz

Original Poster:

2,889 posts

55 months

Monday 13th January 2020
quotequote all
anonymous said:
[redacted]
Yes

anonymous-user

55 months

Monday 13th January 2020
quotequote all
anonymous said:
[redacted]
I think he wanted to see some actual evidence rather than just wishful thinking from a prospective buyer and a couple of high mileage ads.. wink

Plus aren’t you in NI? Prices are always cheaper..

Londonminiporsche

41 posts

55 months

Monday 13th January 2020
quotequote all
Andyoz said:
Yes
That’s not true. You can get a low spec new one for £45k (so c£7k of spec thrown in including the cost of PDK) or high spec for £47-50k) versus a normal price in the high 50s.

Prospective

174 posts

143 months

Monday 13th January 2020
quotequote all
Discount was on a stock T

Andyoz

Original Poster:

2,889 posts

55 months

Monday 13th January 2020
quotequote all
anonymous said:
[redacted]
When a Porsche salesman says to your face that 2019 has been a tough year....

They must too honest in NI smile

HighwayStar

4,297 posts

145 months

Monday 13th January 2020
quotequote all
Schmed said:
HighwayStar said:
Schmed said:
ETA: was interesting to see the base can be tuned to beat the mooted new F6 GTS and the S/GTS can be tuned over and above the GT4 fairly easily. That, and the torque characteristics of FI will see some red faces around the track given the difference in prices vs the NA lol.

How's the mileage on yours btw Highway ? Will you be posting on the 120k thread soon...? wink
Not for another 50k my friend... a load more of the sort of miles I like, the way I like it. If I’d wanted one of the fastest things I have stuff with TTs, bought a TT RS and tuned the sh!te out of it.

You really don’t get tired of telling us yours is faster the ours do you, it’s quite funny really. Outright speed has never been what it’s about for me but if that’s you thing, great. Enjoy. They’d be nothing worse than have a car you don’t like eh wink
You must barely use it, I'm sure you told me you were on 63k back in 2018 wink

I'm still loving mine, but unlike you I put on too many miles. I always thought the old one had so much more potential, and now it finally has the power to match the chassis. smile
I think you misread what I meant. I’m 47k away from the 120k thread you mentioned. My 981 CS sits around 73k right now. It’s basically a weekend car but had it was high miles before I acquired it.

jonttt

681 posts

172 months

Tuesday 14th January 2020
quotequote all
Schmed said:
Andyoz said:
That's the thing, I can't see Porsche repeating this 'mistake' with the S at least (which it is in sales terms if not technically).
'17 and '18 718 sales were strong, pretty much in line with 981 sales and certainly nothing like the nonsense we regularly read on here about volumes crashing. Also we won't have the '19 results for a bit yet, but I think it's safe to say as the third year from launch to expect a slight reduction.

Market is quiet at the moment, Macan's, 992s etc are also being tipped as having discounts. If you can actually get 20% off I'd be pulling their arm off lol.

But never let facts get in the way of the usual myths and gibberish perpetuated by jonttt.... smile
The information was purely for the benefit of potential buyers out there to make them aware that there are large discounts available on effectively new 4 pot 718’s. When you usually ask if Porsche give discounts the answer is usually you must be joking but that’s a simply not the case with the 4 pots ie ask and you will receive...........it is shocking for Porsche to do it and for those not on finance looking to trade, it was always inevitable to me that the engine would lead to the market judging the car in this way, it was agreed years ago that the market would decide in the future and this is just a part of that, when new cars are 20-25% off list then the inevitable happens to the second hand market, it does not take a rocket scientist. What will stop the free fall is how much of a premium people are prepared to pay for the 981 over the 718 lol........but I’m speaking gibberish again.......the market will judge ;-)

Miopyk

870 posts

146 months

Tuesday 14th January 2020
quotequote all
To be fair discounts on Caysters isn't a new phenomenon. They were doing a £2K deposit contribution and very attractive trade ins when we bought our 981 Cayman 4 years ago. It's just they are now more attractive on the 718. That could all change with the refresh and if demand picks up globally.

As for residuals if the cheapest secondhand 718 is £30K and cost circa £55K new that still 55% retained value which is hardly a disaster compared with the like of BMW/MB/VAG.


ODRALLAG

397 posts

159 months

Wednesday 15th January 2020
quotequote all
Miopyk said:
That's pretty much the deal I got although mine only had 16 miles on it when I picked it up and was being built when I handed over the deposit. When you think how capable the car is it's a relative bargain.
Hi
Could you possibly DM/email me the dealer info as I’m interested too
Thanks

ODRALLAG

397 posts

159 months

Wednesday 15th January 2020
quotequote all
Londonminiporsche said:
Hi all. I’ve been following this thread. I currently have a JCW Mini which I’m bored with (have been driving Minis since 2008). I drive in the city and mostly at low speed (annoyingly).

I was wanting to switch to Porsche and actually liked the drive with the 618. Was going to take a bit more time to think about it but my local dealer has offered me a pre-reg car with 25% off (basically £47k but with all the spec included).

What do you guys think of this, value vs 4 pot. Was debating whether to wait for the next iteration, but also think this could be value.

Any thoughts on the 4 pot for city driving also appreciated.

Thank you!
Hi are you able to DM/email dealer info regarding 718, would be interested too thanks

jimbo761

376 posts

83 months

Wednesday 15th January 2020
quotequote all
anonymous said:
[redacted]
I suspect there may be some embellishment going on here, or I don't know what people are speccing them with to lose value, but in my view you'll rarely get any money back on options and crazy mileages will shed value on any car.

Out of interest at three years I had a 70% residual per WBAC and it hadn't actually moved that much based on re-running it this morning after reading this thread.

GaryF

970 posts

254 months

Wednesday 15th January 2020
quotequote all
anonymous said:
[redacted]
I've done quite a bit to my Mini and kept it much longer than anticipated as it is such fun with the mods (Ohlins/AEM induction kit/Akrapovic DP/Manic Stage 2 tune/TTV racing clutch/Quaiffe diff/Cobras on the way..) It was supposed to make way for a 981 GT4, but that didn't happen. Mine's a bit older than yours but they repond very well to a bit of fettling. More info over on the Mini forum. As you were.