718 prices dropping?

[GRD_72]

I decided a while ago that going to a 2 car garage was the only way forward, looked at loads of options but it’s boiled down to a 991 GTS (head & the wife) or a 718 GT4 (heart).
What’s your opinions on these cars, very different specs?

https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
The above is very well spec’d, has full ppf. Was oportunistically priced at £105k by greedy OPC but has dropped over the last couple of months to £93k.
Or the car below which has a less track focused spec and is pretty much list price zero miles and immediately available without dealing with the OPC BS of ‘selecting’ you as a preferred customer before giving an allocation.
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

Any thoughts would be appreciated.

Edited by GRD_72 on Thursday 29th October 11:05

[EvoSid]

GRD_72 said:

I decided a while ago that going to a 2 car garage was the only way forward, looked at loads of options but it’s boiled down to a 991 GTS (head & the wife) or a 718 GT4 (heart).
What’s your opinions on these cars, very different specs?

https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
The above is very well spec’d, has full ppf. Was oportunistically priced at £105k by greedy OPC but has dropped over the last couple of months to £93k.
Or the car below which has a less track focused spec and is pretty much list price zero miles and immediately available without dealing with the OPC BS of ‘selecting’ you as a preferred customer before giving an allocation.
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
Any thoughts would be appreciated.

I wonder if some of these are on SOR as that is a big drop.I saw a nice GT4 in Sheffield and it has come down form £89K to 85K in last 2 months, which surprises me tbh
Sorry I can't comment on the cars as cant get the links t work

[v8ksn]

GRD_72 said:

I decided a while ago that going to a 2 car garage was the only way forward, looked at loads of options but it’s boiled down to a 991 GTS (head & the wife) or a 718 GT4 (heart).
What’s your opinions on these cars, very different specs?

https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
The above is very well spec’d, has full ppf. Was oportunistically priced at £105k by greedy OPC but has dropped over the last couple of months to £93k.
Or the car below which has a less track focused spec and is pretty much list price zero miles and immediately available without dealing with the OPC BS of ‘selecting’ you as a preferred customer before giving an allocation.
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

Any thoughts would be appreciated.

Edited by GRD_72 on Thursday 29th October 11:05

Links don't work but I have grabbed images of the cars in question.

[GRD_72]

I tried updating the links, hopefully ok now. 1st car is in Edinburgh, 2nd car in Leeds.

[Cheib]

EvoSid said:

I wonder if some of these are on SOR as that is a big drop.I saw a nice GT4 in Sheffield and it has come down form £89K to 85K in last 2 months, which surprises me tbh
Sorry I can't comment on the cars as cant get the links t work

Porsche GT market is farked in my opinion....there are more cars for sale now than there were 12 months ago whereas other brands e.g. McLaren and Aston have reduced inventory level suite considerably. This especially so in the case of the cars that fetch premiums i.e. the recent cars e.g. GT4, Spyder, GT3 RS, Speedster etc

New GT3 arriving in January it seems....so we’ll start to see the cars people will sell to make way for that in their garage coming onto the market.

All that with a terrible economic backdrop and at a time of year when demand is lowest for these cars.

I own a GT3 and am not selling but certainly wouldn’t be buying right now...I’d wait a few months. Certainly until end of Dec when OPC’s will be desperate to do deals.

[Porsche911R]

GRD_72 said:

I decided a while ago that going to a 2 car garage was the only way forward, looked at loads of options but it’s boiled down to a 991 GTS (head & the wife) or a 718 GT4 (heart).
What’s your opinions on these cars, very different specs?

https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
The above is very well spec’d, has full ppf. Was oportunistically priced at £105k by greedy OPC but has dropped over the last couple of months to £93k.
Or the car below which has a less track focused spec and is pretty much list price zero miles and immediately available without dealing with the OPC BS of ‘selecting’ you as a preferred customer before giving an allocation.
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

Any thoughts would be appreciated.

Edited by GRD_72 on Thursday 29th October 11:05

Cayman 4.0 GTS imo esp if you are looking at 911 non GT models, I think the GT4 now is not very viable for the ave person.

[TDT]

GRD_72 said:

I decided a while ago that going to a 2 car garage was the only way forward, looked at loads of options but it’s boiled down to a 991 GTS (head & the wife) or a 718 GT4 (heart).
What’s your opinions on these cars, very different specs?

https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...
The above is very well spec’d, has full ppf. Was oportunistically priced at £105k by greedy OPC but has dropped over the last couple of months to £93k.
Or the car below which has a less track focused spec and is pretty much list price zero miles and immediately available without dealing with the OPC BS of ‘selecting’ you as a preferred customer before giving an allocation.
https://finder.porsche.com/gb/en_GB/718-Cayman-GT4...

Any thoughts would be appreciated.

Edited by GRD_72 on Thursday 29th October 11:05

All my opinion but.....

If you’re not buying a track toy... don’t bother with the 718 GT4. The GTS 4.0 is too close.
If you can get away with a 2 seater.... Cayman/Boxster GTS 4.0 is the perfect sports car, and it will cost you less than any 718 GT4 new or used, and will be newer than any 991 GTS. Win-Win.

Edited by TDT on Thursday 29th October 13:23

[DMC2]

TDT said:

If you’re not going to track... don’t bother with the GT4.
If you can get away with a 2 seater.... Cayman/Boxster GTS 4.0 is the perfect sports car, and it will cost you less than any 718 GT4 new or used, and will be newer than any 991 GTS. Win-Win.

Spot on.

[Voodoo Blue]

Maybe not completely relevant but if my experience is anything to go by the value of 4 pots seems to be stable if not increasing.

Conversely the relative ease of getting a 4.0 seems to be having an impact on their values especially where early buyers thought they might make a quick buck and after realising that wasn't going to happen are trying to get out with minimal losses. But who's going to buy them if you can get a factory order in a few months.

Personally, I'm going to hold off with my GTS order and see how second hand values hold up over the next few months. If they drop I might just go for a nearly new low mileage example and save a few quid or ask for a discount on a new one if things really slow up economically. Who'd have guessed that might have been possible on the fabled 718-6 a year ago.

[Rojibo]

Voodoo Blue said:

Maybe not completely relevant but if my experience is anything to go by the value of 4 pots seems to be stable if not increasing.

Conversely the relative ease of getting a 4.0 seems to be having an impact on their values especially where early buyers thought they might make a quick buck and after realising that wasn't going to happen are trying to get out with minimal losses. But who's going to buy them if you can get a factory order in a few months.

Personally, I'm going to hold off with my GTS order and see how second hand values hold up over the next few months. If they drop I might just go for a nearly new low mileage example and save a few quid or ask for a discount on a new one if things really slow up economically. Who'd have guessed that might have been possible on the fabled 718-6 a year ago.

I suspect the uncertainty around the 10% Brexit tax may firm up values of new/nearly new GTS 4.0's. I suspect it will all be resolved before it comes to pass but will be putting people off buying new in the immediate. I suspect they will drop in the next year, and then maybe stabilise as we get to spring.

I don't know of anyone that bought a GTS 4.0 to flip?

[GRD_72]

TDT said:

All my opinion but.....

If you’re not buying a track toy... don’t bother with the 718 GT4. The GTS 4.0 is too close.
If you can get away with a 2 seater.... Cayman/Boxster GTS 4.0 is the perfect sports car, and it will cost you less than any 718 GT4 new or used, and will be newer than any 991 GTS. Win-Win.

Edited by TDT on Thursday 29th October 13:23

Thanks. Some sound logic there but there is an itch to have a really focused sports car. As for the cost, yes GTS list is lower but I do find myself ticking more boxes when configuring a GTS. Hard to say where 2nd hand prices will be in 18 months, but I’m not sure the all in cost of ownership will be significantly different if the GT4 holds its value better in the long term.

[diffstar]

GRD_72 said:

Thanks. Some sound logic there but there is an itch to have a really focused sports car. As for the cost, yes GTS list is lower but I do find myself ticking more boxes when configuring a GTS. Hard to say where 2nd hand prices will be in 18 months, but I’m not sure the all in cost of ownership will be significantly different if the GT4 holds its value better in the long term.

I tend to agree, the real cost of ownership gap between the 718 GT4 and GTS 4.0 I don't think will be that great. Will be less than the £10k list difference.

I don't think you will save that much on a GTS 4.0 over a GT4. Just buy the one you want.

[tedblog]

Rojibo said:

I suspect the uncertainty around the 10% Brexit tax may firm up values of new/nearly new GTS 4.0's. I suspect it will all be resolved before it comes to pass but will be putting people off buying new in the immediate. I suspect they will drop in the next year, and then maybe stabilise as we get to spring.

I don't know of anyone that bought a GTS 4.0 to flip?

I so think alot more potential owners want a pdk as well. A few orders were placed so they could get in the q for first pdk releases .unfortunately the build date wasn't as long as expected and you can only delay for a certain amount of time.

[Herefordshire]

So I ordered GTS PDK at end of July, been told I am at front of queue but delivery will be Spring which suits me and given I placed order before Brexit announcement from Porsche no Brexit tax

[matjk]

It doesn’t mater when an order is placed , it’s when it comes into the country so if we don’t get a trade deal and it’s WTO rules then 10% could be on the cards .

[Herefordshire]

That’s true, but I have in writing from OPC tHat as I ordered before Porsche announced the additional charge they will cover any import tax. Happy day’s

[DMC2]

Herefordshire said:

That’s true, but I have in writing from OPC tHat as I ordered before Porsche announced the additional charge they will cover any import tax. Happy day’s

Be careful of the wording. That is your OPC saying they will cover 'import tax', but does it say that they will cover Porsche increasing the cost of the car 10%.

[Herefordshire]

Will double check email but pretty sure that I am covered 🤦‍♂️

[CL-7]

Rojibo said:

Voodoo Blue said:

Maybe not completely relevant but if my experience is anything to go by the value of 4 pots seems to be stable if not increasing.

Conversely the relative ease of getting a 4.0 seems to be having an impact on their values especially where early buyers thought they might make a quick buck and after realising that wasn't going to happen are trying to get out with minimal losses. But who's going to buy them if you can get a factory order in a few months.

Personally, I'm going to hold off with my GTS order and see how second hand values hold up over the next few months. If they drop I might just go for a nearly new low mileage example and save a few quid or ask for a discount on a new one if things really slow up economically. Who'd have guessed that might have been possible on the fabled 718-6 a year ago.

I suspect the uncertainty around the 10% Brexit tax may firm up values of new/nearly new GTS 4.0's. I suspect it will all be resolved before it comes to pass but will be putting people off buying new in the immediate. I suspect they will drop in the next year, and then maybe stabilise as we get to spring.

I don't know of anyone that bought a GTS 4.0 to flip?

How much discount would you ask for or expect to negotiate ?

[CL-7]

Has anyone used an online broker to buy a new porsche ?