GT4 Pricing - PDK V Manual?
Discussion
There was a bit of chat about the above a while ago when PDK was a bit of a novelty/not many around second hand. I wondered what peoples thoughts are now re values please? Question I guess is, on a well spec’d nearly new GT4 Will the PDK equipped car carry a premium over a manual or not?
I have been keeping an eye on the market for the past month or so with a view to buy very soon.
What i have noticed are the prices decreasing across the board for all GT4's regardless of spec or PDK and Manual.
My budget worked out to be a high spec manual or a low spec PDK, however with the price decreases recently this might change. The PDK's are still commanding a higher price than manuals, 1 reason is they are newer than most manuals being a 2021 car. vs 2020 cars.
Recently some high spec cars with low miles have dipped under 90k, albeit not at Porsche dealers. There are a good handful of PDK cars which have had price drops to mid 90's from over 100k.
What i have noticed are the prices decreasing across the board for all GT4's regardless of spec or PDK and Manual.
My budget worked out to be a high spec manual or a low spec PDK, however with the price decreases recently this might change. The PDK's are still commanding a higher price than manuals, 1 reason is they are newer than most manuals being a 2021 car. vs 2020 cars.
Recently some high spec cars with low miles have dipped under 90k, albeit not at Porsche dealers. There are a good handful of PDK cars which have had price drops to mid 90's from over 100k.
finmac said:
There was a bit of chat about the above a while ago when PDK was a bit of a novelty/not many around second hand. I wondered what peoples thoughts are now re values please? Question I guess is, on a well spec’d nearly new GT4 Will the PDK equipped car carry a premium over a manual or not?
There are 22 GT4’s with PDK currently for sale on Autotrader.Only 1 is under 95 grand and that’s the JZM car with comfort seats, steel brakes, side decals and 3 previous owners.
Alternatively there are 56 GT4’s with manual transmission 16 of which are for sale under 90k.
I think regardless of age it would appear the market for PDK is stronger.
Good question.
I can give a owners reply who has actually now sold his pdk GT4.
I was lucky enough to be able to test a manual 718 gt4 car against a pdk 718 gt4 car back to back on the same day. What I can tell you is the PDK made the car feel far more alive and far more a event to drive. The manual car felt lazy and slow compared to the PDK. I actually went in with my heart set on ordering a new manual 718 gt4 until the supplying dealer said you have to try the PDK 718 gt4 before you make that decision. Oh and I’ve already owned a number of new PDK cars before this one so I knew what the gearbox was about.
Now onto the selling process, these cars a very spec sensitive and a the dealer who actually bought the car off me said he wouldn’t of been interested in the car as a manual! Don’t believe the hype on selling the margins the dealers want to make in these cars are huge and the private buyers offer less than trade bids!
But to answer your question as a seller it was obvious at the time of selling my car a pdk commanded a lot more over a manual, 918 buckets and body colour is also a big factor.
I can give a owners reply who has actually now sold his pdk GT4.
I was lucky enough to be able to test a manual 718 gt4 car against a pdk 718 gt4 car back to back on the same day. What I can tell you is the PDK made the car feel far more alive and far more a event to drive. The manual car felt lazy and slow compared to the PDK. I actually went in with my heart set on ordering a new manual 718 gt4 until the supplying dealer said you have to try the PDK 718 gt4 before you make that decision. Oh and I’ve already owned a number of new PDK cars before this one so I knew what the gearbox was about.
Now onto the selling process, these cars a very spec sensitive and a the dealer who actually bought the car off me said he wouldn’t of been interested in the car as a manual! Don’t believe the hype on selling the margins the dealers want to make in these cars are huge and the private buyers offer less than trade bids!
But to answer your question as a seller it was obvious at the time of selling my car a pdk commanded a lot more over a manual, 918 buckets and body colour is also a big factor.
julian987R said:
manuals certainly command 10 to 20% more than PDK.................... in time. Not now. Fast forward 5 years from now, manual will command more.
Agree a manual adds an extra layer , a great layer of involvement of what is essentially a WE toy .A toy to make you feel more like a driving god that has to be as far apart than your daily or the wife’s school runner SUV , what ever badge that “ auto “ SUV family hack , city barge carries be it a Hyundai or Bentley/ Aston and everything in between.The history of values in every performance car ever is that long term manuals are worth more. Always. The PDK was released on GT4 sometime after the manual (2 years?) so they’re newer, this in the short term worth more. But longer term, definitely less as no reason they should be any different from every other variant.
Fiammetta said:
julian987R said:
manuals certainly command 10 to 20% more than PDK.................... in time. Not now. Fast forward 5 years from now, manual will command more.
Agree a manual adds an extra layer , a great layer of involvement of what is essentially a WE toy .A toy to make you feel more like a driving god that has to be as far apart than your daily or the wife’s school runner SUV , what ever badge that “ auto “ SUV family hack , city barge carries be it a Hyundai or Bentley/ Aston and everything in between.With regards to Julian’s predication on future price differentials, why are we not seeing a 10% to 20% price gap with the 991.2 GT3? For GT3s, it’s circa 5% and that’s with a car where there is less compromise with the manual gearbox (gear ratios) compared to the GT4.
PDK will only ever account for c25% max of the GT4 718 market due to the extra length of time manual have been around. From the total cars currently on the OPC market, if you want a PDK there are 12(from 42!)... if you want a PDK with buckets there are only 5... if you want a PDK buckets and the extended leather dash, there's only 3! All of which are £107-115k. The same rough % split when you rock onto Auto trader and start filtering, there are only a handful of cars.
In the past GT4's have in the main been less spec sensitive when it comes to price, and less so because they were all manual, then PDK started appearing. I remember before ordering my car last year I was watching the used market and certain cars were hanging around for ages even though they were 'cheap'. Those cars didn't have one or more PDLS+, Buckets, extended leather, Chrono etc. which are pretty much all the 'desired' options outside of the desired 'track' items (Clubsport). Add in that some of these cars are now 3 years old and have milage on them, add in private v independent v OPC, throw PDK into the mix and there are now so many levels of cars which means multiple different price brackets v availability.
There will be people who will come out and say "I don't want buckets" or "not having LED's doesn't bother me", but in the main it's cars with the options above which are higher priced and they are the cars which sell quickly, also it's those cars that fly through places like Romans etc. There will always be anomalies with odd specced cars, but for me market is adapting to all the variables above and reacting accordingly, and the gap will always be there.
Just like GT4RS did, I went in to order mine (c6 months after PDK first came out) with a Manual firm in my mind, but my OPC told me to try a PDK, so he arranged a back to back test drive. I was blown away, the PDK IMO brings that engine alive, it's always so eager, but that's my personal opinion.
The price differences aren't however wholly made up of one being better than the other.
In the past GT4's have in the main been less spec sensitive when it comes to price, and less so because they were all manual, then PDK started appearing. I remember before ordering my car last year I was watching the used market and certain cars were hanging around for ages even though they were 'cheap'. Those cars didn't have one or more PDLS+, Buckets, extended leather, Chrono etc. which are pretty much all the 'desired' options outside of the desired 'track' items (Clubsport). Add in that some of these cars are now 3 years old and have milage on them, add in private v independent v OPC, throw PDK into the mix and there are now so many levels of cars which means multiple different price brackets v availability.
There will be people who will come out and say "I don't want buckets" or "not having LED's doesn't bother me", but in the main it's cars with the options above which are higher priced and they are the cars which sell quickly, also it's those cars that fly through places like Romans etc. There will always be anomalies with odd specced cars, but for me market is adapting to all the variables above and reacting accordingly, and the gap will always be there.
Just like GT4RS did, I went in to order mine (c6 months after PDK first came out) with a Manual firm in my mind, but my OPC told me to try a PDK, so he arranged a back to back test drive. I was blown away, the PDK IMO brings that engine alive, it's always so eager, but that's my personal opinion.
The price differences aren't however wholly made up of one being better than the other.
This must be dependent on timeframe. Right now pdk GT4s are rarer and most buyers of new cars tend to prefer pdk. Since Jan 2021, 84% of new UK GT4s have been pdk. However, assuming that continues through to the end of production the proportion of pdk cars will increase from 30% currently to 40%+. Depends a bit on how long Porsche continue production, but seems likely there won’t be that many more manual cars than pdk. At that point there may still be a price gap, but it will likely be reduced and to then equalise over time. As has been pointed out above, for older GT cars (and other marques) manual’s tend to have a premium and hard to see why that would be any different for the 718 GT4. So IMO purely from a price perspective if flipping, pdk, if keeping for a few years, makes little difference, and if long term hold, manual. But then if you’re going to buy one and use it for 15 years, do you really care if it’s worth a bit more at that point. So we still end up with “buy what you want”!
shoaib said:
If this car was PTS in a rare decent colour instead of boring black and was formerly owned by Lewis Hamilton it may sell for the ridiculous Romans International asking price of £144,000Obviously the majority of owners have manuals so will be a louder voice than the rarer more astute PDK owners….
Just watch the market instead of asking a larger number of manual owners what will be more valuable.
So far the market says PDK is more valuable, I think that will continue as the car is better suited to the PDK box as it’s fk all torque
Just watch the market instead of asking a larger number of manual owners what will be more valuable.
So far the market says PDK is more valuable, I think that will continue as the car is better suited to the PDK box as it’s fk all torque
johnycarrera said:
Obviously the majority of owners have manuals so will be a louder voice than the rarer more astute PDK owners….
Just watch the market instead of asking a larger number of manual owners what will be more valuable.
So far the market says PDK is more valuable, I think that will continue as the car is better suited to the PDK box as it’s fk all torque
Watch the market? Well, quite. Show me a PDK Porsche that’s worth more in the longer term than a manual…?Just watch the market instead of asking a larger number of manual owners what will be more valuable.
So far the market says PDK is more valuable, I think that will continue as the car is better suited to the PDK box as it’s fk all torque
Pdk will always sell at a premium over a manual as it suits the car much better and I don't see that ever changing in the future, it's not like the manual gearing is ever going to improve with time. Having owned both gearboxes it genuinely beats me why most people order manual, speaking with 2 OPC sales guys they both said buyers are convinced that the manual box makes it a drivers car and will be better for future values, they also told me numerous cars have been put back in as owners find the reality is they can't get away with the manual box.
if you are looking for a Spyder in PDK it's more of a struggle,I check daily and average of 90% Spyders on the market are manual, currently only 1 pdk for sale on autotrader out of 18 cars, then if you trying to find one in a decent colour with a half decent spec it becomes almost impossible, they tend to be boring colours like the silvers and greys with a plastic dash.
if you are looking for a Spyder in PDK it's more of a struggle,I check daily and average of 90% Spyders on the market are manual, currently only 1 pdk for sale on autotrader out of 18 cars, then if you trying to find one in a decent colour with a half decent spec it becomes almost impossible, they tend to be boring colours like the silvers and greys with a plastic dash.
JeffC said:
Pdk will always sell at a premium over a manual as it suits the car much better and I don't see that ever changing in the future, it's not like the manual gearing is ever going to improve with time. Having owned both gearboxes it genuinely beats me why most people order manual, speaking with 2 OPC sales guys they both said buyers are convinced that the manual box makes it a drivers car and will be better for future values, they also told me numerous cars have been put back in as owners find the reality is they can't get away with the manual box.
if you are looking for a Spyder in PDK it's more of a struggle,I check daily and average of 90% Spyders on the market are manual, currently only 1 pdk for sale on autotrader out of 18 cars, then if you trying to find one in a decent colour with a half decent spec it becomes almost impossible, they tend to be boring colours like the silvers and greys with a plastic dash.
It appears that most gt4 owners who got a pts slot and an interesting colour are keeping hold of them because yes indeed - most for sale are boring colours……if you are looking for a Spyder in PDK it's more of a struggle,I check daily and average of 90% Spyders on the market are manual, currently only 1 pdk for sale on autotrader out of 18 cars, then if you trying to find one in a decent colour with a half decent spec it becomes almost impossible, they tend to be boring colours like the silvers and greys with a plastic dash.
JeffC said:
Pdk will always sell at a premium over a manual as it suits the car much better and I don't see that ever changing in the future, it's not like the manual gearing is ever going to improve with time. Having owned both gearboxes it genuinely beats me why most people order manual, speaking with 2 OPC sales guys they both said buyers are convinced that the manual box makes it a drivers car and will be better for future values, they also told me numerous cars have been put back in as owners find the reality is they can't get away with the manual box.
if you are looking for a Spyder in PDK it's more of a struggle,I check daily and average of 90% Spyders on the market are manual, currently only 1 pdk for sale on autotrader out of 18 cars, then if you trying to find one in a decent colour with a half decent spec it becomes almost impossible, they tend to be boring colours like the silvers and greys with a plastic dash.
Most people don’t choose manual, it’s just that pdk wasn’t an option initially. Once it’s been available most people have chosen it. Performance of pdk matters now on a new car, but IMO will matter less on a 10 year old car when a base electric cayman has more performance. Then it will be more down to driving dynamics - for some the gearing makes that the pdk, for others the involvement of a manual box. Guess we’ll see where that ends up. if you are looking for a Spyder in PDK it's more of a struggle,I check daily and average of 90% Spyders on the market are manual, currently only 1 pdk for sale on autotrader out of 18 cars, then if you trying to find one in a decent colour with a half decent spec it becomes almost impossible, they tend to be boring colours like the silvers and greys with a plastic dash.
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