OPC has 62 718 GT4s

OPC has 62 718 GT4s

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Discussion

burman

Original Poster:

357 posts

220 months

Tuesday 15th November 2022
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Looking at the official Porsche website I note there are currently 62 718 GT4 for sale at present, both manual and PDK.
I know a lot of cars get traded at this time of year, but I think the market is a lot tougher now especially with the cost of finance at 10%+, up from around 4% when I did my 981 GT4 in May!
I suspect it has a lot to do with mortgage hikes and availability, and the recession. Feels a lot like the early 90s at the moment.

Twinfan

10,125 posts

111 months

Tuesday 15th November 2022
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65 now.

That's a lot.

Koln-RS

3,967 posts

219 months

Tuesday 15th November 2022
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That’s a lot eek

Yes, interest rates, tax rises, political uncertainty, social issues, oversupply, future environmental restrictions …..

Things will no doubt find a new level and hopefully settle, but surely the days of demand outstripping supply, price premiums and ‘flipping’, are over - across the board?

Twinfan

10,125 posts

111 months

Tuesday 15th November 2022
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I doubt it. New supply is still restricted, and speccing a car for yourself will always appeal.

philcray

854 posts

210 months

Tuesday 15th November 2022
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You cannot have 64 cars in the main dealer network alone and still claim they are rare, clearly few people are buying them at premium prices. Presumably these cars are being sold back by private buyers and they must now be taking a chunky loss as it seems unlikely any OPC will be rushing to get more stock. Hence I think we can assume that the glory days of flipping are drawing to a rapid close....

GT4P

5,402 posts

192 months

Tuesday 15th November 2022
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Some people still have their heads in the sand and tell you only 3 cars are the right spec and it’s still an overs car!
A few people on here have bought late low miles cars Pdk buckets under list!
Some OPC are still trying it on with cars over £100k but I expect they will fall to low 90s or even high 80s before the years out!
Oh it’s nothing to do with season either as good high demand cars sell anytime of year!
As long as you have bought to keep and enjoy then all the above is irrelevant just not good for flippers and the not so straight acting OPCs

ags11

582 posts

147 months

Tuesday 15th November 2022
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Yeah people go on about spec, and it obviously is important, but regardless of spec, the OPC’s still want their 10k margin.
So if you sell back to them, depreciation is certainly a real thing, and here to stay I’d imagine.
Just normality returning really, coupled with more normal interest rates.

DMC2

1,887 posts

218 months

Tuesday 15th November 2022
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OPCs have paid too much for their current stock, so are looking to offload. Expect their future offers on used cars to be quite a chunk lower than the past year.

blackmamba

825 posts

243 months

Tuesday 15th November 2022
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DMC2 said:
OPCs have paid too much for their current stock, so are looking to offload. Expect their future offers on used cars to be quite a chunk lower than the past year.
My local dealer isn’t even offering on cars unless they think they have a buyer lined up.

fiesta_STage3

225 posts

30 months

Tuesday 15th November 2022
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i honestly read that title and OP as 62,718 GT4S’ and was quite bamboozled there for a few seconds

julian987R

6,840 posts

66 months

Tuesday 15th November 2022
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GT4P said:
Some people still have their heads in the sand and tell you only 3 cars are the right spec and it’s still an overs car!
A few people on here have bought late low miles cars Pdk buckets under list!
Some OPC are still trying it on with cars over £100k but I expect they will fall to low 90s or even high 80s before the years out!
Oh it’s nothing to do with season either as good high demand cars sell anytime of year!
As long as you have bought to keep and enjoy then all the above is irrelevant just not good for flippers and the not so straight acting OPCs
£80K is where they should be. Anymore than that is crazy for a Gt4.

shibby!

923 posts

205 months

Tuesday 15th November 2022
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blackmamba said:
My local dealer isn’t even offering on cars unless they think they have a buyer lined up.
Same here.

burman

Original Poster:

357 posts

220 months

Wednesday 16th November 2022
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fiesta_STage3 said:
i honestly read that title and OP as 62,718 GT4S’ and was quite bamboozled there for a few seconds
Apologies for that! That would be very concerning if correct.

GT4P

5,402 posts

192 months

Wednesday 16th November 2022
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Well seen the first 718 GT4 in an OPC for under £80k
Early car but low miles though but still shows where they are heading!

GT4P

5,402 posts

192 months

Wednesday 16th November 2022
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Taffy66

5,964 posts

109 months

Wednesday 16th November 2022
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GT4P said:
Worst poverty spec GT4 I've ever seen advertised. With plenty other much better optioned GT4s for sale I'll be very surprised this car will sell at any price. Even the Guards Red and Aurum wheels clash horribly yuck

fiesta_STage3

225 posts

30 months

Wednesday 16th November 2022
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burman said:
Apologies for that! That would be very concerning if correct.
gosh - no apology needed, i was laughing at myself for being dumb and figured you folks would, too. …That it took me even a few seconds to decide it wasn’t possible says something about the sales success of the brand, right? laugh

coffeekid

78 posts

128 months

Wednesday 16th November 2022
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Taffy66 said:
Worst poverty spec GT4 I've ever seen advertised. With plenty other much better optioned GT4s for sale I'll be very surprised this car will sell at any price. Even the Guards Red and Aurum wheels clash horribly yuck
Guards Red and Aurum are a fantastic combination imo. Just shows everyones taste is different


av185

19,463 posts

134 months

Wednesday 16th November 2022
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Taffy66 said:
GT4P said:
Worst poverty spec GT4 I've ever seen advertised. With plenty other much better optioned GT4s for sale I'll be very surprised this car will sell at any price. Even the Guards Red and Aurum wheels clash horribly yuck
Yep they don't get much more poverty spec than that for sure.

Early run car approaching 3 years old with comfort seats and not even got extended leather.

Very difficult sell.

But still around £5k premium over the £75k basic list price new.

av185

19,463 posts

134 months

Wednesday 16th November 2022
quotequote all
coffeekid said:
Guards Red and Aurum are a fantastic combination imo. Just shows everyones taste is different
Guards red is great in fact Porsche made it a special order very expensive colour on the 991.1 GT3 RS. Had many Porsche GTs in Guards.

Just not with the aurum wheels.