GTS 4.0 residuals
Discussion
Don't worry about. Buy what you can afford and enjoy it.
There are some odd spec cars at the lower end of the market, it makes more of a difference in the GTS than base models.
Also don't forget these weren't 90k cars when bought. A 3 year old GTS was £64k new, a smattering of options gets you to 70k.
There are some odd spec cars at the lower end of the market, it makes more of a difference in the GTS than base models.
Also don't forget these weren't 90k cars when bought. A 3 year old GTS was £64k new, a smattering of options gets you to 70k.
I have a 73 plate which I bought new from Porsche Wolverhampton . It was their ex Demonstrator , fully specced and I was in a rush to get into something at the time so it suited me to buy it . 1200 miles when I bought it for £78,000 , WBAC have offered £54,400 at 22500 miles just the other day . Dealers have been broadly around the same figure , Motorway were £57,000 . Its a wonderful car that I am in no hurry to sell and finding a proper spec GT4 with the right provenance is at the moment proving difficult . Its always struck me as pretty sad this Porsche Owner fascination with residuals so much so that you almost feel you need to apologise to the prospective buyer for covering 22500 miles in a year and enjoying yourself . There is of course a beneficial side for the second hand buyer in that most of the stock has covered very little mileage . In answer to your post I think it surprising that anyone would believe they had bought a potential investment in a 4.0 GTS , get out and enjoy it and pick your time to move it on . For me personally , its a very reluctant sale and after flirting with McLarens and yet another Aston Im sticking with the brand and the 4.0 engine . 22500 miles in a year whilst driving a GT4 seems a wonderful prospect and I will still be only 62 
My Cayman GTS 4.0 lost £7k of retail value in the span of 9 months – I bought it at 1yr old with 500 miles on the clock and sold 9 months later with 2,500 miles. It was a fully loaded manual, base price was £68k without options, £79k with options on the invoice.
Obviously, I lost a lot more due to dealer margin, so if you want to minimise depreciation, buy privately and don't sell in the first 3yrs+.
Given the back-pedalling on EVs and reality smacking people in the face, I'd expect Porsche to produce another generation of ICE Cayman/Boxster, so I don't think the GTS 4.0 will hold their values as previously assumed. Very good car, nonetheless.
Obviously, I lost a lot more due to dealer margin, so if you want to minimise depreciation, buy privately and don't sell in the first 3yrs+.
Given the back-pedalling on EVs and reality smacking people in the face, I'd expect Porsche to produce another generation of ICE Cayman/Boxster, so I don't think the GTS 4.0 will hold their values as previously assumed. Very good car, nonetheless.
With the two Astons I put through there before , I have had nothing but good experiences with WBAC Klippie and it was only on account of the Aston Dealers advice that I used them . The trouble is that this time around I need the use of a car and using them only makes sense if I have a GT4 lined up to step into which I don't and of course if the WBAC price exceeds the PX value offered .
I sold the last Vantage for £88,000 and two weeks later it was on the Aston Works forecourt at £86,000 , WBAC clearly work on volume and Aston Dealers on exploitation . I have been pondering another Vantage at Winslow which is up for £107,000 , in black you can take a look if you like .They have offered to knock £2300 off the price if I take it before the end of the month . I challenged them on their excessive margins which are often as high as £20,000 . The Salesman told me that to sell used Astons under their Timeless Program costs them a small fortune , I take the view that all those Gin Palace Dealerships as well as the advent of Leasing has impacted poorly on the Buyer and the Seller .
I think the short answer is that the market is returning to relative normality where new cars depreciate unless they are spectacularly difficult to obtain. "Normal" Porsches have always depreciated although perhaps at a slower rate than other brands and it's only been the exceptional circumstances of the last few years with Covid etc. that turned that model on it's head.
Having said that if you're being quoted anything more than 50% of the original purchase price after 3 years I think you should take that as a positive. I suspect some private Taycan owners would bite your hand off to be in a similar position when their cars turn 3 years old.
As others have said, the value of your car is the enjoyment you get out of it. My Boxster 25 Years turned 3 in October and I've done 20k miles in it all over Europe and it's been brilliant. It terms of depreciation it's cost me roughly £1.00 per mile and to me it's been worth every penny.
Having said that if you're being quoted anything more than 50% of the original purchase price after 3 years I think you should take that as a positive. I suspect some private Taycan owners would bite your hand off to be in a similar position when their cars turn 3 years old.
As others have said, the value of your car is the enjoyment you get out of it. My Boxster 25 Years turned 3 in October and I've done 20k miles in it all over Europe and it's been brilliant. It terms of depreciation it's cost me roughly £1.00 per mile and to me it's been worth every penny.
I bought my GTS 4.0 in March of '22. Not fully loaded but I paid £73k and that's with £8k of options. List price then was a smidge over £65k. Just done a Motorway quote and they value it at £52184.
It's currently sat on 19500 miles and every one of them have been lovely. I have absolutely no intention of selling even when my wife asked if we should get a 911. Why? because a base 911 with no options is £30k more and I'd rather spend that on running the GTS along with some nice road trips. Some may say you've not got a real Porsche as it's not a 911 (and there are some out there that do look down their noses at you, and you know who you are) but I don't care. I just love it.
My friend has a 2020 fully loaded Base Boxster, and I mean loaded, that's got 12k on the clock. He got a great deal from his OPC at the time and didn't pay list price but his car is now showing on Motorway at £35k. I've asked him for first refusal should he want to sell it (one for the wife).
It doesn't matter what model of Porsche you drive, you're still part of the family. I passed a 944 on the motorway a couple of days ago, flashed my lights and gave him the thumbs up. Only a young chap but the boot was full and he looked like he was having a blast.
Remember, something is only worth what someone else is willing to pay for it.
It's currently sat on 19500 miles and every one of them have been lovely. I have absolutely no intention of selling even when my wife asked if we should get a 911. Why? because a base 911 with no options is £30k more and I'd rather spend that on running the GTS along with some nice road trips. Some may say you've not got a real Porsche as it's not a 911 (and there are some out there that do look down their noses at you, and you know who you are) but I don't care. I just love it.
My friend has a 2020 fully loaded Base Boxster, and I mean loaded, that's got 12k on the clock. He got a great deal from his OPC at the time and didn't pay list price but his car is now showing on Motorway at £35k. I've asked him for first refusal should he want to sell it (one for the wife).
It doesn't matter what model of Porsche you drive, you're still part of the family. I passed a 944 on the motorway a couple of days ago, flashed my lights and gave him the thumbs up. Only a young chap but the boot was full and he looked like he was having a blast.
Remember, something is only worth what someone else is willing to pay for it.
Klippie said:
I was meaning just to see how much mark-up the dealer was getting, if might be useful doing the deal.
An OPC would probably sell a used car with a mark up of roughly £5-7K depending on model and age. Remember, OPCs have to put a warranty and recovery on every model so that's ~ £2k then they have to prep the car and repair or replace any parts that don't meet the Porsche approved car requirements for example tyres, chipped windscreen, scuffed alloys etc. Factor all that in plus the labour costs and overheads you can see why they are more expensive than Indies or private sellers.One thing to tae note of is that if the car already has a warranty and you sell it to an individual then the warranty moves over. If you sell it to an Indie the Porsche warranty is lost.
Most cars have depreciated around 50% of their original cost after the first three years. Porsche aren't exempt from that rule.
Add to that - extras generally depreciate more quickly than the car to which they were added. And Porsche offer lots of expensive extras.
Cars that are "barely used" may be an exception from these basic rules but they will still be carrying heavy depreciation per mile driven.
Add to that - extras generally depreciate more quickly than the car to which they were added. And Porsche offer lots of expensive extras.
Cars that are "barely used" may be an exception from these basic rules but they will still be carrying heavy depreciation per mile driven.
Panamax said:
Most cars have depreciated around 50% of their original cost after the first three years. Porsche aren't exempt from that rule.
<snip>
All my Porsche's so far have been entirely exempt from that rule. In fact my share of SOR from the OPC on my 981 GT4 was 70% of original cost at 8 1/2 years and 20,000 ish miles when it sold last September. Worst I have suffered so far was 20% at a year old, on a base Cayman 2.0, but I was foolish in selling it to a dealer when I didn't really need the money. Should have put it in for SOR.<snip>
Prices are depressed at this time of year. Going back to @reddiesel, yes, residuals will be artificially low on your GTS 4.0, but then again, you're probably getting a deal done before 718 GT4 prices start creeping up as the weather warms up.
Many of my colleagues like Land Rover products. The depreciation they suffer over the first 5 years, and they just keep going down and down, would be eye-watering to me. I feel like I get off pretty lightly for depreciation. (And insurance, servicing costs, reliability, durability, everything really!)
Edited by LiamH66 on Sunday 26th January 21:18
reddiesel said:
I have a 73 plate which I bought new from Porsche Wolverhampton . It was their ex Demonstrator , fully specced and I was in a rush to get into something at the time so it suited me to buy it . 1200 miles when I bought it for £78,000 , WBAC have offered £54,400 at 22500 miles just the other day . Dealers have been broadly around the same figure , Motorway were £57,000 . Its a wonderful car that I am in no hurry to sell and finding a proper spec GT4 with the right provenance is at the moment proving difficult . Its always struck me as pretty sad this Porsche Owner fascination with residuals so much so that you almost feel you need to apologise to the prospective buyer for covering 22500 miles in a year and enjoying yourself . There is of course a beneficial side for the second hand buyer in that most of the stock has covered very little mileage . In answer to your post I think it surprising that anyone would believe they had bought a potential investment in a 4.0 GTS , get out and enjoy it and pick your time to move it on . For me personally , its a very reluctant sale and after flirting with McLarens and yet another Aston Im sticking with the brand and the 4.0 engine . 22500 miles in a year whilst driving a GT4 seems a wonderful prospect and I will still be only 62
£34K (your drop) is pretty much what I paid for my GR Yaris (as a toy) in 2021, had loads of fun in that. The car market is f,ucked.PaulJC84 said:
Iconic run out car? Not sure if this is a serious post.
It's arguably peak non-GT Boxster / Cayman - which still won Best Sportscar last year according to What Car despite being at the end of its production run - so "iconic run out car" doesn't seem a particularly outrageous comment to mePaulJC84 said:
Iconic run out car? Not sure if this is a serious post.
Last production "normal" 6 cylinder Boxster, is perhaps a better way to put it. Harry Metcafe on his review when they came out in 2020 did state "not to worry about depreciation" given the cars strengths and the thinking at the time that by 23-24 it would have been replaced with an BEV platform, pumping up the Mad Max-esq "last of the sixes" values on all GTS and up models, that, and for some reason in 2020 quite a lot of people lost their minds and thought depreciation and Porsche were never meeting again.Gassing Station | Boxster/Cayman | Top of Page | What's New | My Stuff