Spyder Values long and short term

[Billy_Whizzzz]

981 Spyders seemed to have dropped a little - not much over £65k now and some for around £60k. Is this a seasonal thing or part of a slight downward trend for Spyders generally? What does anyone think about longer term values?

[JeffC]

Historically soft top prices soften over winter, its just the norm, I personally think that 981 values currently are strong bearing in mind the cost new in 2015. Same story with the 981 GTS, the start of last year they shot up but there were more cars than buyers at that money and prices fell over the course of the year.
Personally I think prices will continue to remain pretty static short term but firm up as the weather improves but I don't see them getting back towards where they were a year or so ago. 718s have remained pretty stable over the last 6 months or so, the dealers that were chancing their luck by overpricing have read the market and reduced in line with everyone else and the only cars that have been at the cheaper end, that have been for sale for ever have been poorly specced cars, there was a plastic dash pdk car with mega low miles at an opc for sale for ever and was one of the cheapest available and the yellow/ red interior car looked great value if you were partially sighted.
Long term on the 718 4.0 ? to me history has shown the 981 to be a good investment financially so with the 718 being no worse a car some would argue a better car, so long term it should be a safe bet. I can never see the 981 Spyder plummeting unless you whack loads of miles on it.
Personally I am just driving my car whenever I can with another Euro trip planned this summer, smiles per miles outstrips whatever the future brings financially.

[ATM]

All cars are dropping in value. This will continue. People were buying cars with interest only loans paying 5 or 6%. Now these loans have to be refinanced at the end of the term or the car sold. The finance will now be around double. Less buyers willing to pay high prices because their finance offers have gone up. So sellers finding it hard to sell at prices they are used to or believe are achievable. So if owners try to sell it must be at lower prices. If they try to keep and refinance then finance company will value their car lower so they will need to finance less and pay remaining part as a lump sum. This is all a simple consequence of interest rates increases. Money is now more expensive. Also finance companies will see increased risks from potential defaults and reducing asset prices so will increase insurance or add on costs to all finance deals. Therefore finance increases in cost over the increasing interest rates. It's all basically a repeat of the 2008 credit crunch with lots of people going into negative equity on homes bought with interest only loans.

[First Sea Lord]

Given the relatively low numbers made vs other models - and the fact that they're no longer in production, they'll probably be one of the lower depreciating modern Porsches, although the market is definitely seasonal as mentioned above

[Cheib]

The Spyder will always do relatively well but they’ve made a lot of 718’s…and that could weigh on the older cars values too.