Dealer Prices Increased For 981 CGTS - Reaction To 718 GTS?

Dealer Prices Increased For 981 CGTS - Reaction To 718 GTS?

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bo duke

Original Poster:

54 posts

118 months

Sunday 7th January 2018
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The OPC at Brooklands, Leeds, Wolverhampton, Nottingham and Cardiff have all increased the price of their used 981 Cayman GTS this month, which is the first time Ive seen that.
I'm guessing either 981 GTS prices are on the up (seems a bit unlikely so soon), or prices were artificially low prior to the 718 GTS launch (with dealers trying to shift stock in case the 718 GTS kicked the 981s into the dust)?

Jazzer

1,665 posts

203 months

Sunday 7th January 2018
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They know that the 981 will be the more desirable of the two to those who are real enthusiasts, plain and simple.
The 718 is an excellent car in isolation, but will never match the near-perfection that is the 981.

tedblog

1,438 posts

79 months

Sunday 7th January 2018
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For such a sought after car over 20 for sale is quite alot? Some of them have been on sale for a few months. Of course if your looking now and get a few grand knocked off you'll think you got a cracking deal, not knowing they just upped the price. Welcome to the world of Porsche thumbup

Edited by tedblog on Sunday 7th January 19:06


Edited by tedblog on Sunday 7th January 19:07


Edited by tedblog on Monday 8th January 07:12

tedblog

1,438 posts

79 months

Sunday 7th January 2018
quotequote all
anonymous said:
[redacted]
Yeah of course that will be it laugh Or it could be that Porsche are getting you to pay much more for a car than you need to? sounds clever marketing to me, let people listen to the reviews etc etc
They will only sell around 400 718 cayman GTS's in the uk and they will.

Edited by tedblog on Sunday 7th January 19:04

tedblog

1,438 posts

79 months

Sunday 7th January 2018
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anonymous said:
[redacted]
Correct £10k cheaper


Edited by tedblog on Sunday 7th January 19:15

Twinfan

10,125 posts

103 months

Sunday 7th January 2018
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14 in the OPC network and 8 at specialists. Not the most there's been, it's been down to 5 and up to 20 at OPCs at times. It ebbs and flows. 22 of 545 is only 4%.

I'd also noticed that prices seemed to have risen a bit. Mileage is the biggest factor in used pricing, spec the biggest factor in cars hanging around. Well specced cars around £55k-£60k generally aren't up for sale long. Manuals tend to hang about as most buyers want PDK in their comfy road car, although a lot of manuals were specced quite cheaply.

The GTS is a superb road car and it has a glorious sounding, and gloriously responsive to your right foot, naturally aspirated flat six. For those of us who don't do track days it's an absolute delight to own and I can see why they haven't lost much from their original list price.

tedblog

1,438 posts

79 months

Sunday 7th January 2018
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A quick search and found 26 but still low and agreed it ebs and flows, but not many sold so like the 718 gts it will be sought after because of the low number initially purchased. I do wonder why they always seem to have had 2 - 3 owners on say a 16 plate with 5k miles , im guessing people have them then sell as they don't lose any money

Edited by tedblog on Monday 8th January 07:13

Twinfan

10,125 posts

103 months

Sunday 7th January 2018
quotequote all
tedblog said:
...so like the 718 gts it will be sort after because of the low number initially purchased.
Very different scenario for the 718 GTS due to the engine change. 981 GTS is last of the breed, 718 GTS isn't.

It will be interesting to see how prices go over time, and I wouldn't be surprised if low mileage 981 GTSs were valued higher than an equivalent 718 GTS as the newer model follows a more normal depreciation curve, but having the newest and fastest may trump all. It will all depend upon how much the F4T is desired or whether the last flat six Caymans stay in strong demand.

Number of owners is a sports car thing - they change hands quicker than 'normal' cars. Happens to all Porsche models.

LaurasOtherHalf

21,429 posts

195 months

Sunday 7th January 2018
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Is it only GTS' that are wanted? Dad has a very nice and quite individually spec'd late 3.4S and he keeps mentioning changing it-however I can't help thinking he'll get rinsed on a trade in.

It's probably done less than 3k miles, PDK, black sports alloys, two tone interior etc etc.

He swapped it out for a similarly low mileage boxster thinking he'd use it more but it just lives under a fitted car cover in the garage-the last time he took it out was to dry the discs off after washing it!

Twinfan

10,125 posts

103 months

Sunday 7th January 2018
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The 'S' is a good car and it'll command decent money, but the GTS models do seem to be a step above when it comes to desirability and resisting depreciation.

tedblog

1,438 posts

79 months

Sunday 7th January 2018
quotequote all
Twinfan said:
The 'S' is a good car and it'll command decent money, but the GTS models do seem to be a step above when it comes to desirability and resisting depreciation.
That "GTS" wording does seem make a lot of difference?

LaurasOtherHalf

21,429 posts

195 months

Sunday 7th January 2018
quotequote all
tedblog said:
Twinfan said:
The 'S' is a good car and it'll command decent money, but the GTS models do seem to be a step above when it comes to desirability and resisting depreciation.
That "GTS" wording does seem make a lot of difference?
Nicer interior?

bo duke

Original Poster:

54 posts

118 months

Sunday 7th January 2018
quotequote all
I think people always pay a lot more for the best/rarest spec of a great car, even if it’s only slightly better. The spec gets even more important once they get old/maintenance costs start to climb, as they all cost the same to run. On some old muscle cars, people pay twice as much just because it came from the factory painted black?!
The GT4 will probably always fetch more than a GTS, but in my case, I came from a 996T and wanted something less uncompromising for road use, so not a GT4. Then realised there are only 140ish manual 981 CGTS vs. 500 manual GT4s. If you want PDK, then there are no GT4s, and the GTS is top of the tree.

Twinfan

10,125 posts

103 months

Sunday 7th January 2018
quotequote all
595 GT4s, 545 GTSs and only 135 of them with a manual gearbox. Right now I think the PDK cars are in higher demand more as it's a more popular option, but there will always be folk like me who would only buy a manual.

I think the GTS badge itself, alcantara interior, more aggressive exterior styling and "top of the road-biased tree" status all contribute to the love for the 981 GTS. I think it's a fantastic looking car with superb handling and an absolutely fabulous engine. It's peak Cayman for me - better looking than the 987 series and a cooler road car than a GT4. Without the wing and splitter of the GT series cars it's more R/Touring in appearance and all the better for it in my eyes cool

isaldiri

18,407 posts

167 months

Sunday 7th January 2018
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Dealers read here from someone that manual cayman gts were rarer than Mclaren P15s so thought they better increase prices and pulled everything along clearly.....

pete.g

1,527 posts

205 months

Monday 8th January 2018
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There are a couple of one owner 2016 cars for a realistic price on the AUCL.


Can I be a pedant and ask for 'sought after' rather than 'sort after'?

Prestonese

793 posts

104 months

Monday 8th January 2018
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pete.g said:
There are a couple of one owner 2016 cars for a realistic price on the AUCL.


Can I be a pedant and ask for 'sought after' rather than 'sort after'?
Indeed. Sought it out chaps. ;-)

bcr5784

7,102 posts

144 months

Monday 8th January 2018
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Twinfan said:
595 GT4s, 545 GTSs and only 135 of them with a manual gearbox. Right now I think the PDK cars are in higher demand more as it's a more popular option, but there will always be folk like me who would only buy a manual.

I think the GTS badge itself, alcantara interior, more aggressive exterior styling and "top of the road-biased tree" status all contribute to the love for the 981 GTS. I think it's a fantastic looking car with superb handling and an absolutely fabulous engine. It's peak Cayman for me - better looking than the 987 series and a cooler road car than a GT4. Without the wing and splitter of the GT series cars it's more R/Touring in appearance and all the better for it in my eyes cool
I can't really disagree with you about the market's view of the car - but a well specced S is far better value, and for some (like me) will actually be a better choice - even at the same price.

Twinfan

10,125 posts

103 months

Monday 8th January 2018
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I agree, the S is great value.

Alcantara though, if that's your thing, is one hell of an attraction and that's why I had to go GTS.

bcr5784

7,102 posts

144 months

Monday 8th January 2018
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Twinfan said:
I agree, the S is great value.

Alcantara though, if that's your thing, is one hell of an attraction and that's why I had to go GTS.
Each to his own.
Faux suede is "in" at the moment, but it's a fashion thing as far as I am concerned and, like Avocado bathroom suites, might be "so yesterday" in years to come. That said I'm no fan of leather either - give me cloth any time (call it G-Tex by all means, but please don't ask me to pay extra!)