981 Cayman Help!
Author
Discussion

Dung8

Original Poster:

61 posts

217 months

Thursday 1st August 2019
quotequote all
HI all,

I have test driven a number of of caymans over the past weeks.

The one that stood out to me was the 981 GTS, in manual.

Afternoon looking at the figures, PCP specifically, something somewhat new to me, I have realised that due to the GTS having such a low GFV, circa £22,000 after 48 months, the monthly payments are incredibly similar to that of a GT4 (wihin £15 a month of each other) with the same deposit.

How have others gone about financing their GTS's?

I had thought the GT4 was out of my price range but after seeing such high GFV's, the monthly's are within my budget.

Any advice do let me know

thank you all

Alex

Twinfan

10,125 posts

128 months

Thursday 1st August 2019
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It all depends on whether you want to buy the car or rent it. The GT4 will obviously have a much higher balloon at the end to pay off if you want to keep the car. If you're handing it back, and essentially renting the car, then the only thing you need to think about are the higher running costs.

Geneve

3,999 posts

243 months

Thursday 1st August 2019
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I had a new 981 GT4, currently have a 981 GTS, and have an early option on the 718 GT4.

Personally, I regard the 981 GTS as a superior road car (especially in the UK), and I am having serious misgivings about changing mine for the new GT4. For regular track use, no question, the GT4 is hugely entertaining. But, your intended use should be a consideration.

Financially, I suspect that the 981 GT4 might be a slightly better buy, other factors not withstanding.

kevs 172

357 posts

213 months

Thursday 1st August 2019
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Geneve said:
I had a new 981 GT4, currently have a 981 GTS, and have an early option on the 718 GT4.

Personally, I regard the 981 GTS as a superior road car (especially in the UK), and I am having serious misgivings about changing mine for the new GT4. For regular track use, no question, the GT4 is hugely entertaining. But, your intended use should be a consideration.

Financially, I suspect that the 981 GT4 might be a slightly better buy, other factors not withstanding.
That’s good to hear, I’m seriously thinking of buying a GTS, will be purely road use.
Cheers

jbaddeley

829 posts

229 months

Friday 2nd August 2019
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I bought a manual gts a year ago. Absolutely love it, agree that the gear ratios could be better but hasn't spoiled the driving experience for me. I've done a Euro tour in the gts and I'm heading up to Scotland for a week later in August. It's sublime as a touring package is ticking all the boxes for me coming from a 997 C2s. Residuals seem fairly healthy too so if you can get a GFV of 22k over four years I'd expect you to see some good equity in the car for your next deposit. I'd have possibly stretched to a gt4 if I'd been purchasing now but in reality the gts is what I need as I have other toys for track with less monetary value to worry about stuffing into the Armco. Go do it.

kevs 172

357 posts

213 months

Friday 2nd August 2019
quotequote all
jbaddeley said:
I bought a manual gts a year ago. Absolutely love it, agree that the gear ratios could be better but hasn't spoiled the driving experience for me. I've done a Euro tour in the gts and I'm heading up to Scotland for a week later in August. It's sublime as a touring package is ticking all the boxes for me coming from a 997 C2s. Residuals seem fairly healthy too so if you can get a GFV of 22k over four years I'd expect you to see some good equity in the car for your next deposit. I'd have possibly stretched to a gt4 if I'd been purchasing now but in reality the gts is what I need as I have other toys for track with less monetary value to worry about stuffing into the Armco. Go do it.
The 3.4 seems to feel a nicer engine to me, a bit more free revving?

Geno

12 posts

221 months

Friday 2nd August 2019
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For road use only get the GTS. I don't particularly like driving my GT4 on the roads and were it not for track days I would not keep it.

RacerMike

4,635 posts

235 months

Friday 2nd August 2019
quotequote all
I had exactly this realisation myself and as such have just got a GT4.

As others say, it all comes down to what you’ll use it for. If it’s going to be your only car, don’t get a GT4. If you have another daily, and want something that feels special to drive at weekends, get the GT4! It’s a lot more hardcore than the GTS for sure, but it’s hardly a racing car. It’s just a more focussed sports car, which for a weekend car, makes total sense to me. And it’s a Bloody GT4!!

Dung8

Original Poster:

61 posts

217 months

Friday 2nd August 2019
quotequote all
What is it about the GTS that makes it a more usable daily?

I wouldn’t be using it as a daily but I am interested as I do a lot of Europe trips.

Dung8

Original Poster:

61 posts

217 months

Friday 2nd August 2019
quotequote all
Geneve said:
I had a new 981 GT4, currently have a 981 GTS, and have an early option on the 718 GT4.

Personally, I regard the 981 GTS as a superior road car (especially in the UK), and I am having serious misgivings about changing mine for the new GT4. For regular track use, no question, the GT4 is hugely entertaining. But, your intended use should be a consideration.

Financially, I suspect that the 981 GT4 might be a slightly better buy, other factors not withstanding.
But like for like cost wise on a pcp deal- would the gt4 not make more sense? It’s not my only car but more of a special weekend toy for me.

Dung8

Original Poster:

61 posts

217 months

Friday 2nd August 2019
quotequote all
jbaddeley said:
I bought a manual gts a year ago. Absolutely love it, agree that the gear ratios could be better but hasn't spoiled the driving experience for me. I've done a Euro tour in the gts and I'm heading up to Scotland for a week later in August. It's sublime as a touring package is ticking all the boxes for me coming from a 997 C2s. Residuals seem fairly healthy too so if you can get a GFV of 22k over four years I'd expect you to see some good equity in the car for your next deposit. I'd have possibly stretched to a gt4 if I'd been purchasing now but in reality the gts is what I need as I have other toys for track with less monetary value to worry about stuffing into the Armco. Go do it.
Thanks for this. The GTS I drove was incredible and honestly all the car I want and need but that was before I realised the affordability of a GT4 for the sake monthly’s.

The positive equity is Deff a factor in a decision for the GTS

Dung8

Original Poster:

61 posts

217 months

Friday 2nd August 2019
quotequote all
anonymous said:
[redacted]
I’m getting quotes of 4.9% which isn’t bad in my mind.

Agreed though some brands really do joke about 10.9% etc.

You’re right I hadn’t thought about the age of the car at the end. But then given the strong values now, I’m financing a larger amount vs the Gt4

jbaddeley

829 posts

229 months

Friday 2nd August 2019
quotequote all
Best thing to do is try a gt4. If it's in reach it needs to be a serious consideration. There's a highly specced 2014 gts on Porsche approved ATM. Carbon ceramics and x73 suspension, buckets seats too. Just seems odd it doesn't have PTV. Good luck. You'll love whatever you end up with.

kevs 172

357 posts

213 months

Saturday 3rd August 2019
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I think you need to consider the mileage you will add, GT4’s seem very mileage sensitive.
With a GTS you could use it and enjoy it without any worries? It’s very unfortunate that a lot of GT4’s seem virtually unused.

Twinfan

10,125 posts

128 months

Saturday 3rd August 2019
quotequote all
Dung8 said:
What is it about the GTS that makes it a more usable daily?
The GT4 in comparison:

Lower ride height and extended front splitter causing grounding out issues.

Big spoiler and shouty image means you look a bit of a prat popping to work or the supermarket.

Large doors and buckets, if you want them, mean getting in and out can be a right faff in a tight car park.

Increased running costs - tyres, insurance, fuel (mpg is pretty bad) and depreciation.

RacerMike

4,635 posts

235 months

Saturday 3rd August 2019
quotequote all
Twinfan said:
Dung8 said:
What is it about the GTS that makes it a more usable daily?
The GT4 in comparison:

Lower ride height and extended front splitter causing grounding out issues.

Big spoiler and shouty image means you look a bit of a prat popping to work or the supermarket.

Large doors and buckets, if you want them, mean getting in and out can be a right faff in a tight car park.

Increased running costs - tyres, insurance, fuel (mpg is pretty bad) and depreciation.
I would agree with all those points except the lat one if you were running it as a daily. I'd probably discourage anyone from running a GT4 as a daily. I ran my 987.1 Cayman S as a daily and hated doing so as a result for all the reasons you mentioned! Hence I've got a Fiesta for normal stuff.

Depreciation is actually less than a GTS. Or at least that's how the finance companies see it....hence PCP is cheaper on a GT4 than it is on a GTS. Whether that plays out in 3 years time is another discussion, but ultimately it's the finance companies problem then!

Geneve

3,999 posts

243 months

Saturday 3rd August 2019
quotequote all
Twinfan said:
Dung8 said:
What is it about the GTS that makes it a more usable daily?
The GT4 in comparison:
Lower ride height and extended front splitter causing grounding out issues.
Big spoiler and shouty image means you look a bit of a prat popping to work or the supermarket.
Large doors and buckets, if you want them, mean getting in and out can be a right faff in a tight car park.
Increased running costs - tyres, insurance, fuel (mpg is pretty bad) and depreciation.
Plus ride comfort and road noise. On a decent run, on UK roads, it's more tiresome.