GT4RS - Availability, what’s the latest?

GT4RS - Availability, what’s the latest?

Author
Discussion

ChrisW.

6,339 posts

256 months

Monday 29th April
quotequote all
Were you hoping for free or subsidised motoring ?

These cars are also becoming expensive to run ... insurance + any trackday costs + servicing + etc etc. And now depreciation ??

LiamH66

701 posts

92 months

Monday 29th April
quotequote all
ChrisW. said:
Were you hoping for free or subsidised motoring ?
Why would I be hoping for that? If I do get an allocation, the car certainly won't get sold any time soon. I've run a 981 GT4 for nearly 6 years alongside a few new (and depreciating) 718 Caymans over the same period. I am under no illusion that I'd be expecting something for nothing, as I haven't had that so far.

ChrisW. said:
These cars are also becoming expensive to run ... insurance + any trackday costs + servicing + etc etc. And now depreciation ??
That works in 2 ways, as I am much more likely to buy a used one if it's at a lower price than a new one. I don't think this is quite the case for the GT4 RS yet, but I think it could happen this year. My point was more that a used example might be better value for money than a new allocation soon.

Liam

Edited by LiamH66 on Monday 29th April 21:10

bigmowley

1,903 posts

177 months

Monday 29th April
quotequote all
They are certainly trading at comfortably under list now. The problem at the moment is that almost the entire stock of used OPC cars have all been bought at much higher prices and until those work through the system then the market is static. Once the inevitable baths have been taken on these cars, either by buyers overpaying or dealers loosing a few quid, then things will free up a bit. A steady trickle of new cars will help the process along.

A lot of the cars in OPC stock have been there for a very long time. My old car for example has been for sale since September 23, initially at one OPC and now interestingly at a different OPC. It’s still £20K over list so it’s going nowhere fast. It’s now for sale at less than they paid me for it though which cheers me up no end. There are a few cars offered now through OPCs at or about list so signs of movement. Let’s see who holds out longer, the buyers or the dealers.

ChrisW.

6,339 posts

256 months

Monday 29th April
quotequote all
LiamH66 said:
ChrisW. said:
Were you hoping for free or subsidised motoring ?
Why would I be hoping for that? If I do get an allocation, the car certainly won't get sold any time soon. I've run a 981 GT4 for nearly 6 years alongside a few new (and depreciating) 718 Caymans over the same period. I am under no illusion that I'd be expecting something for nothing, as I haven't had that so far.

[quote]These cars are also becoming expensive to run ... insurance + any trackday costs + servicing + etc etc. And now depreciation ??
That works in 2 ways, as I am much more likely to buy a used one if it's at a lower price than a new one. I don't think this is quite the case for the GT4 RS yet, but I think it could happen this year. My point was more that a used example might be better value for money than a new allocation soon.

Liam
Understood smile

donutskidmark

1,204 posts

154 months

Monday 29th April
quotequote all
bigmowley said:
They are certainly trading at comfortably under list now. The problem at the moment is that almost the entire stock of used OPC cars have all been bought at much higher prices and until those work through the system then the market is static. Once the inevitable baths have been taken on these cars, either by buyers overpaying or dealers loosing a few quid, then things will free up a bit. A steady trickle of new cars will help the process along.

A lot of the cars in OPC stock have been there for a very long time. My old car for example has been for sale since September 23, initially at one OPC and now interestingly at a different OPC. It’s still £20K over list so it’s going nowhere fast. It’s now for sale at less than they paid me for it though which cheers me up no end. There are a few cars offered now through OPCs at or about list so signs of movement. Let’s see who holds out longer, the buyers or the dealers.
Yes- it will be interesting to see how things play out……
On a similar note- I put in an offer on a GT3 touring 2 weeks ago…..I offered £25k less than the asking price
and got a reply basically telling me to get lost. I looked today and the car remains unsold even though they’ve knocked £11k off already


jasonrobertson86

574 posts

5 months

Monday 29th April
quotequote all
donutskidmark said:
Yes- it will be interesting to see how things play out……
On a similar note- I put in an offer on a GT3 touring 2 weeks ago…..I offered £25k less than the asking price
and got a reply basically telling me to get lost. I looked today and the car remains unsold even though they’ve knocked £11k off already
Doesn't prove much?

LiamH66

701 posts

92 months

Monday 29th April
quotequote all
bigmowley said:
<snip> Let’s see who holds out longer, the buyers or the dealers.
As a potential buyer, I've got some cars, so buying isn't really a "need" for me. Dealers have to sell cars, so I don't think I'm likely to blink first, but that might change when the weather warms up!

Liam

donutskidmark

1,204 posts

154 months

Monday 29th April
quotequote all
jasonrobertson86 said:
donutskidmark said:
Yes- it will be interesting to see how things play out……
On a similar note- I put in an offer on a GT3 touring 2 weeks ago…..I offered £25k less than the asking price
and got a reply basically telling me to get lost. I looked today and the car remains unsold even though they’ve knocked £11k off already
Doesn't prove much?
Er…that prices are dropping

KittyLitter

107 posts

1 month

Monday 29th April
quotequote all
donutskidmark said:
Yes- it will be interesting to see how things play out……
On a similar note- I put in an offer on a GT3 touring 2 weeks ago…..I offered £25k less than the asking price
and got a reply basically telling me to get lost. I looked today and the car remains unsold even though they’ve knocked £11k off already
now ask for £36K off! wink

GT4RS

4,451 posts

198 months

Wednesday 1st May
quotequote all
GT4RS said:
PRO5T said:
A yellow one coming up on collecting cars soon.
The last gt4rs sold on collecting cars went for £227k back in Jan 2023, be interesting to see what this gets bid to.
Interest in the yellow CC gt4rs wasn’t great, winning bid was only £128,500. Close to 100k less than the last one sold back in 2023!



finmac

Original Poster:

1,524 posts

239 months

Wednesday 1st May
quotequote all
GT4RS said:
GT4RS said:
PRO5T said:
A yellow one coming up on collecting cars soon.
The last gt4rs sold on collecting cars went for £227k back in Jan 2023, be interesting to see what this gets bid to.
Interest in the yellow CC gt4rs wasn’t great, winning bid was only £128,500. Close to 100k less than the last one sold back in 2023!
Yes, did £136K ish all in with fees. Strange car mind you, no cage in a 4RS is bizarre and that’s before you get on to the ins and outs of it having a new engine already….

Familymad

687 posts

218 months

Wednesday 1st May
quotequote all
£128,500

List roughly. Feels right as it’s not that limited.

GT4RS

4,451 posts

198 months

Wednesday 1st May
quotequote all
finmac said:
GT4RS said:
GT4RS said:
PRO5T said:
A yellow one coming up on collecting cars soon.
The last gt4rs sold on collecting cars went for £227k back in Jan 2023, be interesting to see what this gets bid to.
Interest in the yellow CC gt4rs wasn’t great, winning bid was only £128,500. Close to 100k less than the last one sold back in 2023!
Yes, did £136K ish all in with fees. Strange car mind you, no cage in a 4RS is bizarre and that’s before you get on to the ins and outs of it having a new engine already….
Agree would have made a little more sense no cage and sofas.

Be interesting to see if there are other cars with such low mileage with engine failures, guess time will tell.


GT4RS

4,451 posts

198 months

Wednesday 1st May
quotequote all
Familymad said:
£128,500

List roughly. Feels right as it’s not that limited.
Agree, be interesting to see if a trader was brave enough to buy it and will repost at £159k

bigmowley

1,903 posts

177 months

Wednesday 1st May
quotequote all
finmac said:
Yes, did £136K ish all in with fees. Strange car mind you, no cage in a 4RS is bizarre and that’s before you get on to the ins and outs of it having a new engine already….
About £5 -10K under current list but as it’s a 23 car then probably not far off the original invoice price. Not that shabby for a strange spec and strange colour combo. Grey seat inserts in a yellow car hurl I wonder what the second owner paid for it? Bang on trade money in my opinion.
Unless it sold privately then coming to a dealer near you priced at £145K ish no doubt.



LiamH66

701 posts

92 months

Wednesday 1st May
quotequote all
LiamH66 said:
ChrisW. said:
Were you hoping for free or subsidised motoring ?
Why would I be hoping for that? If I do get an allocation, the car certainly won't get sold any time soon. I've run a 981 GT4 for nearly 6 years alongside a few new (and depreciating) 718 Caymans over the same period. I am under no illusion that I'd be expecting something for nothing, as I haven't had that so far.

ChrisW. said:
These cars are also becoming expensive to run ... insurance + any trackday costs + servicing + etc etc. And now depreciation ??
That works in 2 ways, as I am much more likely to buy a used one if it's at a lower price than a new one. I don't think this is quite the case for the GT4 RS yet, but I think it could happen this year. My point was more that a used example might be better value for money than a new allocation soon.

ChrisW. said:
Understood smile
In an unexpected twist of fate, it seems some GT4 RS allocations have been released for late summer build, and I no longer need to see what happens to used prices. My local OPC only got one allocation, so I am exceptionally chuffed that they offered it to me. I don't think the sales person got to the end of the sentence before I had made the decision to accept. If I find that a used example would have been better value for money when delivery time comes, I think I can live with it pretty happily. Still pinching myself to check I'm not dreaming! (Also that I'm willing to buy an automatic gearbox car with no rear wiper... wink )

Liam

bigmowley

1,903 posts

177 months

Wednesday 1st May
quotequote all
LiamH66 said:
LiamH66 said:
ChrisW. said:
Were you hoping for free or subsidised motoring ?
Why would I be hoping for that? If I do get an allocation, the car certainly won't get sold any time soon. I've run a 981 GT4 for nearly 6 years alongside a few new (and depreciating) 718 Caymans over the same period. I am under no illusion that I'd be expecting something for nothing, as I haven't had that so far.

ChrisW. said:
These cars are also becoming expensive to run ... insurance + any trackday costs + servicing + etc etc. And now depreciation ??
That works in 2 ways, as I am much more likely to buy a used one if it's at a lower price than a new one. I don't think this is quite the case for the GT4 RS yet, but I think it could happen this year. My point was more that a used example might be better value for money than a new allocation soon.

ChrisW. said:
Understood smile
In an unexpected twist of fate, it seems some GT4 RS allocations have been released for late summer build, and I no longer need to see what happens to used prices. My local OPC only got one allocation, so I am exceptionally chuffed that they offered it to me. I don't think the sales person got to the end of the sentence before I had made the decision to accept. If I find that a used example would have been better value for money when delivery time comes, I think I can live with it pretty happily. Still pinching myself to check I'm not dreaming! (Also that I'm willing to buy an automatic gearbox car with no rear wiper... wink )

Liam
Excellent news, much better to spec your own. Especially if you don’t have to jump through hoops, buy a watch, or provide dubious sexual services to the DP. Buy it, enjoy it, and don’t give a fig about resale. I think that’s why I love my R8 so much. I really don’t care one iota about what it is or isn’t worth. Enjoy in good health.
I am hoping that the Spyder RS follows a similar trajectory as the 4RS. If it does then I will try one either secondhand or new, but only if all the BS comes out of the market.


ChrisW.

6,339 posts

256 months

Wednesday 1st May
quotequote all
LiamH66 said:
LiamH66 said:
ChrisW. said:
Were you hoping for free or subsidised motoring ?
Why would I be hoping for that? If I do get an allocation, the car certainly won't get sold any time soon. I've run a 981 GT4 for nearly 6 years alongside a few new (and depreciating) 718 Caymans over the same period. I am under no illusion that I'd be expecting something for nothing, as I haven't had that so far.

ChrisW. said:
These cars are also becoming expensive to run ... insurance + any trackday costs + servicing + etc etc. And now depreciation ??
That works in 2 ways, as I am much more likely to buy a used one if it's at a lower price than a new one. I don't think this is quite the case for the GT4 RS yet, but I think it could happen this year. My point was more that a used example might be better value for money than a new allocation soon.

ChrisW. said:
Understood smile
In an unexpected twist of fate, it seems some GT4 RS allocations have been released for late summer build, and I no longer need to see what happens to used prices. My local OPC only got one allocation, so I am exceptionally chuffed that they offered it to me. I don't think the sales person got to the end of the sentence before I had made the decision to accept. If I find that a used example would have been better value for money when delivery time comes, I think I can live with it pretty happily. Still pinching myself to check I'm not dreaming! (Also that I'm willing to buy an automatic gearbox car with no rear wiper... wink )

Liam
Right person, right place, right time .... well done. Were I uncommitted, I would have done the same.

I remember being surprised at the end of a meal in a coastal fish restaurant in The Lebanon at the high price of the fish ... and thanking my host for his generosity. His reply ? Money is for spending ... he had in earlier years lived in a basement for some months after a sniper on the roof of his block of flats had provoked a Syrian shell straight through the corner of his apartment.

Familymad

687 posts

218 months

Thursday 2nd May
quotequote all
MeisterH said:
GT4RS said:
What are porsche valuing them after 3 years with WP pack and sensible miles?
4 years was £ 78k
And with Porsche finance, that makes these expensive to PCP. £1800-2k a month with £30kish down. Doesn't feel sensible. Local LR dealer is stashed with cars now finance is so high. Over 250 used too. Rare to get a cash buyer now so they need BOE to lower rates and finance houses to follow suit.
Not been on the configurator, what's the right spec cost at list, £140k?

GT4RS

4,451 posts

198 months

Thursday 2nd May
quotequote all
Familymad said:
MeisterH said:
GT4RS said:
What are porsche valuing them after 3 years with WP pack and sensible miles?
4 years was £ 78k
And with Porsche finance, that makes these expensive to PCP. £1800-2k a month with £30kish down. Doesn't feel sensible. Local LR dealer is stashed with cars now finance is so high. Over 250 used too. Rare to get a cash buyer now so they need BOE to lower rates and finance houses to follow suit.
Not been on the configurator, what's the right spec cost at list, £140k?
I don’t disagree, the cost of borrowing on some makes of cars is still very high. Porsche dealers must be making huge margins on the finance. Like you say with a 30k deposit it’s around 30k to 35k in interest over 3 years, before depreciation and running costs. I guess as long as you do the miles in it the fun and smiles will make up for those big interest cost.

I spent last Saturday looking at a few different manufacturers showrooms in Bristol, I’ve never seen porsche Bristol so full of new and used stock.

Difficult to say what’s the costs of a right spec car nowadays. I guess it all depends how much you want a WS pack. If you were buying a GT4 RS to keep for a year or two I would guess WS pack would be needed to help resale.

On the plus side it’s good to hear another person who didn’t expect a gt4rs being offered new build slot, demand for these new may not be as attractive now overs is gone .

Congratulations to the poster who’s got a new build slot, look forward to hearing about it.