718 GT4 UK Allocations

718 GT4 UK Allocations

Author
Discussion

GT4RS

3,025 posts

179 months

Friday 26th August
quotequote all
GT4P said:
So did you advertise at list as I am sure a private sale would have happened? If not did the OPC offer more than list or was it SOR?
Genuine question because are OPCs offering more then list on the gt4/spyder as trade ins/ out right purchases?
I have never gone down the SOR route and never will, as an example OPC wanted a fee of 8k to SOR , plus a £770 inspection fee. Another OPC wanted £5k plus £500 inspection fee. Neither option made sense to me
as I would of had to of left it with them, Insure it and let Tom dick and Harry drive it which I wasn’t comfortable with. At the same time both OPC wanted to price the car well below what other cars were marketed by other OPC’s and said other cars were over priced and would not sell. In my opinion they just wanted to price it to the floor so they could make a quick margin with zero risk or outlays

One OPC did not to make a bid to buy it, no idea why. The other made a offer just above list and they said that was only due to it being shark blue, 918 buckets, extended leather and pdk. They said if it wasn’t that spec they would of offered less! Another OPC made one offer and said they weren’t in a position to offer more as they have set margins they must work to.

I advertised it at a price point were I knew I was going to get offers on the car, looking at the people trying to buy these cars if I listed it for list I’m sure they would of still offered less than that price.

I’n hindsight I should of just phoned the group buyer who bought the car straight away, it would of saved a lot of time wasting and replying to stupid emails.

It’s a shame I had to sell it, I didn’t really want to. But as friend said at least you ticked box and never lost on the car and are now in the position to look for an alternative GT car.


GT4P, From your question I assume you are either looking to buy or looking to sell a GT car?


WG

863 posts

108 months

Friday 26th August
quotequote all
It is not “would of” it is “ would have” and not “of to” but “ have to”

GT4RS

3,025 posts

179 months

Friday 26th August
quotequote all
WG said:
It is not “would of” it is “ would have” and not “of to” but “ have to”
I’m not here for spelling or grammar lessons. I’m actually here to talk about cars.

Feel free to give yourself a big pat on the back clever dick.


RacerRyan

40 posts

79 months

Friday 26th August
quotequote all
Racing Yellow stitching is back on the configurator so I assume it is available to order again now.

Edited by RacerRyan on Friday 26th August 23:13

RacerRyan

40 posts

79 months

Friday 26th August
quotequote all
Racing Yellow stitching is back on the configurator so I assume it is available to order again now.

Edited by RacerRyan on Friday 26th August 23:21

Da Original Whyayedee

286 posts

3 months

Wednesday 31st August
quotequote all
GT4RS said:
I have never gone down the SOR route and never will, as an example OPC wanted a fee of 8k to SOR , plus a £770 inspection fee. Another OPC wanted £5k plus £500 inspection fee. Neither option made sense to me
as I would of had to of left it with them, Insure it and let Tom dick and Harry drive it which I wasn’t comfortable with. At the same time both OPC wanted to price the car well below what other cars were marketed by other OPC’s and said other cars were over priced and would not sell. In my opinion they just wanted to price it to the floor so they could make a quick margin with zero risk or outlays

One OPC did not to make a bid to buy it, no idea why. The other made a offer just above list and they said that was only due to it being shark blue, 918 buckets, extended leather and pdk. They said if it wasn’t that spec they would of offered less! Another OPC made one offer and said they weren’t in a position to offer more as they have set margins they must work to.

I advertised it at a price point were I knew I was going to get offers on the car, looking at the people trying to buy these cars if I listed it for list I’m sure they would of still offered less than that price.

I’n hindsight I should of just phoned the group buyer who bought the car straight away, it would of saved a lot of time wasting and replying to stupid emails.

It’s a shame I had to sell it, I didn’t really want to. But as friend said at least you ticked box and never lost on the car and are now in the position to look for an alternative GT car.


GT4P, From your question I assume you are either looking to buy or looking to sell a GT car?

I'm going to hazard a guess the car I saw at OPC Bristol a couple of weeks back was yours? Was stunning, had it been a manual I would have had an issue on my hands.

SpyderMatt

159 posts

200 months

Wednesday 31st August
quotequote all
WG said:
It is not “would of” it is “ would have” and not “of to” but “ have to”
FFS…

RacerRyan

40 posts

79 months

Friday 2nd September
quotequote all
My car is now finally “fixed in production”

Looking like a mid October delivery pending no further delays!

Redline88

242 posts

88 months

Friday 2nd September
quotequote all
Having just bought one last week, it looks like prices really are starting to fall - this one here is slightly higher mileage than average but very cheap compared to the others available:

https://www.autotrader.co.uk/car-details/202208048...


av185

16,339 posts

109 months

Friday 2nd September
quotequote all
Cheap but very high relative mileage for a GT4 over 11k miles higher than average. Probably highest mileage 718 GT4 in the country hence the value.

Car would be c£90k with 8k miles and not 18k.

Also 2019 first run car approaching 3 years old so one of the oldest too.

P. ONeill

482 posts

34 months

Friday 2nd September
quotequote all
Still a cheap car, regardless of the miles. It’s 981 money for a 3 year old car.

northernmedia

1,808 posts

120 months

Friday 2nd September
quotequote all
Redline88 said:
Having just bought one last week, it looks like prices really are starting to fall - this one here is slightly higher mileage than average but very cheap compared to the others available:

https://www.autotrader.co.uk/car-details/202208048...
That's been for sale for ages.

Da Original Whyayedee

286 posts

3 months

Friday 2nd September
quotequote all
I forgot these things are basically scrap at 20,000 miles

RacerRyan

40 posts

79 months

Friday 2nd September
quotequote all
Da Original Whyayedee said:
I forgot these things are basically scrap at 20,000 miles
This made me laugh! It’s so true though given the perception on mileage….

Looking forward to them hitting 20k miles so you can pick them up for scrap money.

GT4RS

3,025 posts

179 months

Friday 2nd September
quotequote all
Redline88 said:
Having just bought one last week, it looks like prices really are starting to fall - this one here is slightly higher mileage than average but very cheap compared to the others available:

https://www.autotrader.co.uk/car-details/202208048...
Wow, looks that way.

Having just sold mine, those 17k miles have really hurt it’s value.

Mine was a March 2022 car with under 500 miles on the clock. It’s was sold on buy a opc for £100 under £110k.

Let’s assume this cars SOR and they want 4k to 5k fees to sell it the owner is getting a max back of 77k, if the new owner of mine starts using it as intended each mile is costing £1.85, which isn’t great in terms of depreciation.

Having just gone through the process of selling mine these cars aren’t as easy to use and sell on as others like to make out.

The market really does seem to be changing.

av185

16,339 posts

109 months

Friday 2nd September
quotequote all
Porsche don't suffer anything like the higher mileage depreciation other brands such as Maclaren Ferrari Lambo and Aston suffer.

Interesting to note that car is still £10k over basic list price from new and has represented very cheap motoring for the owner who will have thoroughly enjoyed it no doubt over its 18k miles as opposed to garage queens.

diffstar

414 posts

175 months

Friday 2nd September
quotequote all
Are we starting to see the price gap between PDK and manual reducing for comparable age/spec cars?

GT4RS

3,025 posts

179 months

Friday 2nd September
quotequote all
diffstar said:
Are we starting to see the price gap between PDK and manual reducing for comparable age/spec cars?
Quite possibly, when I sold my car it was made clear to me the on really I had the bid for mine was due to it being shark blue, pdk, 918 buckets and extended leather.

If it was a manual car it would of been comparably less.

These cars are not the free motoring anymore like people try make out.

I think we will slowly start seeing a return to normal on these cars when people slowly realise it’s not free porsche GT motoring anymore unless it’s really special like a gt2rs or 911r.

The only one I think which may buck the trend is a 991 gt3 touring due to the limited numbers and due to it being quite special as it goes under the radar.



tedblog

1,352 posts

62 months

Saturday 3rd September
quotequote all
Talk in the trade is the 718 gt4 should have been a limted amount of cars not a limited production run.
Prices are slowly dropping for them and plenty of them compared to other cars for sale at the moment.

julian987R

4,530 posts

41 months

Saturday 3rd September
quotequote all
tedblog said:
Talk in the trade is the 718 gt4 should have been a limted amount of cars not a limited production run.
Prices are slowly dropping for them and plenty of them compared to other cars for sale at the moment.
Jay Emm on youTube reported this - apparently Porsche just couldn't give slot away and struggled to find customers to fill their allocations.
I am not saying that is true, nor false, just that the state of play might have been different to what PH forums suggested.
There are 64 for sale on AT and excluding same ads on PH its around 80 for sale right now. And as Andy pointed out that is more than the S and GTS combined. Therefore Jay Emm is certainly right that there is no need to pay over list and likely right that they are going to see a price correction.