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Helpful ReplyGTS 4.0

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Keith Wilson
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Re: GTS 4.0 2023/03/08 21:53:24 (permalink)
Having a bit of cold feet about potential depreciation. Whilst my 2014 Audi S3 and 2015 3 series touring, are worth roughly the same as they were 2 years ago my 2014 low mileage GTS is apparently worth less? 911's on the other hand seem to be appreciating? Should I be putting my money in a slightly cheaper 2016 911 4S? No problem with PPF either. Mind you the insurance is a whopping 300% more! Any thoughts?
AndrewCS
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Re: GTS 4.0 2023/03/08 22:11:30 (permalink)
Retain the 981 GTS ... 

Previous : Cayman R - Cayman 981 S PDK - Cayman 981 GT4 / Current : Audi B5 S4 Avant - BMW M2 (OG) DCT
JurassicGTS
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Re: GTS 4.0 2023/03/09 07:21:55 (permalink)
Keith Wilson
Having a bit of cold feet about potential depreciation. Whilst my 2014 Audi S3 and 2015 3 series touring, are worth roughly the same as they were 2 years ago my 2014 low mileage GTS is apparently worth less? 911's on the other hand seem to be appreciating? Should I be putting my money in a slightly cheaper 2016 911 4S? No problem with PPF either. Mind you the insurance is a whopping 300% more! Any thoughts?


Surprised about your 981GTS residual concerns, as every car I have looked at seems to be mid to late £40s, with some outstanding models selling over £50k and one advertised for £60k although doubt it sold for anything like that. This is about where the market was last year and probably a bit higher than when I started to look in 2021. I could have bought a stunning 981GTS with 25k miles for £41k. At the time I wasn't ready and eventually ended up with a 981S with everything specced, but it won't command the GTS money even if it has all the same options. However I have valuations from PCGB and a couple of buyers who will pay me close to the purchase price of 2 years ago. Even WBAC isn't that far off. Are you going on your OPC trade in estimate, which is going to be ridiculous?
 
I do sympathise with the nightly cold sweats about spending this type of money, but keep thinking, if I want a GTS I would probably end up sinking nearly £50k into a car that is a best 7-8 years old. For an additional £30k I can have a brand new, last ever ICE engined Boxster, specced as I want and the way things are going maybe even the last year of production.
I then manage to get to sleep.
Yes we are going to suffer depreciation but I still feel they are going to be the most sort after Boxsters in the future excluding Spyders.
 
Everyone's position is different, but I will be 70 in 2 years, we have no kids to leave anything to and this car will be a keeper (unless my Shark Blue order ever got built in 2024) and I can't take it with me!
 
On the insurance front, I am struggling to get a quote from Saga my insurers as the car isn't registered yet, but used a demo car for a quote on the model. Churchill came up very competitive at £240 fully comp no commuting. I don't think they worry about PPF.
post edited by JurassicGTS - 2023/03/09 07:23:26

2023 Porsche Boxster 4.0 GTS, Arctic Grey.
2018 Porsche Macan GTS, Carmine Red full GTS package.
2020 Nissan Leaf 62 kWh.
Boxster 981S gone but still loved!
Scrounger
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Re: GTS 4.0 2023/03/09 08:01:04 (permalink)
I wouldn’t worry about depreciation too much. I spoke to my sales guy the day before yesterday and he said that GTS 4.0s are holding their money well and if I wanted to sell it they’d give me what I paid for it a year ago. He also said that there may not be a MY24 but an extension to MY23. They have no more GT4/Spyder allocations coming and MY23 May we’ll be the last for those. 


Unless you’re buying a super exotic car, there is always the risk of depreciation, it’s the risk you take. Get the car, enjoy it and worry about the depreciation if/when you come to sell it. 


As mentioned before, ring a few OPCs and speak to the dealership buyer and see what they’ll offer. I wouldn’t limit yourself to the local area either. 1 OPC may not want it and low ball but another may have someone looking for one. It’s worth a 10 min phone call or email. 


Dan. 

North West (R5 & R18)
Current: 2022 Cayman GTS 4.0 Aventurine Green, PDK
Gone but not forgotten: 2020 Base Cayman, White, PDK
dpoynton
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Re: GTS 4.0 2023/03/09 08:09:00 (permalink)
JurassicGTS
 
I do sympathise with the nightly cold sweats about spending this type of money, 
 
Everyone's position is different, but I will be 70 in 2 years, we have no kids to leave anything to and I can't take it with me!
 
On the insurance front, Churchill came up very competitive at £240 fully comp no commuting. I don't think they worry about PPF.



Just make sure that after buying the car you are confident that you will have enough income, for a couple, the state pension of up to £21,200pa (from April 2023) is a good start.
 
We're in a similar (no kids, though not by choice!), but younger, position, sentiment agreed.
 
I don't bother with PPF (maybe I should) but if you say you'll put PPF on your new car I'd have thought that the insurers would see that you take great care of your vehicle and give you a discount on the premium!
 
Hope it all goes well
David

2022 - Taycan 4S ST - Frozen Blue
2016 - 718 Boxster S - Agate Grey
2017 - Nissan Juke
Previous Porsche; 2019 Macan Turbo, 2014 Macan S, 2006 Cayman S, 2003 996C2, 1998 Boxster
Location: Near Ashbourne, Derbyshire
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JurassicGTS
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Re: GTS 4.0 2023/03/09 10:09:35 (permalink)
dpoynton
JurassicGTS
 
I do sympathise with the nightly cold sweats about spending this type of money, 
 
Everyone's position is different, but I will be 70 in 2 years, we have no kids to leave anything to and I can't take it with me!
 
On the insurance front, Churchill came up very competitive at £240 fully comp no commuting. I don't think they worry about PPF.



Just make sure that after buying the car you are confident that you will have enough income, for a couple, the state pension of up to £21,200pa (from April 2023) is a good start.
 
We're in a similar (no kids, though not by choice!), but younger, position, sentiment agreed.
 
I don't bother with PPF (maybe I should) but if you say you'll put PPF on your new car I'd have thought that the insurers would see that you take great care of your vehicle and give you a discount on the premium!
 
Hope it all goes well
David


Just seems to be Aviva that has this stupid attitude to PPF. Agree it should show you take extra care of your car and therefore lower risk😡

2023 Porsche Boxster 4.0 GTS, Arctic Grey.
2018 Porsche Macan GTS, Carmine Red full GTS package.
2020 Nissan Leaf 62 kWh.
Boxster 981S gone but still loved!
Bigcol
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Re: GTS 4.0 2023/03/09 10:34:36 (permalink)
If your having cold feet it maybe best not to bother. Your obviously not a car enthusiast wanting to enjoy a car for the driving pleasure it is designed for. The best way to overcome any worries about depreciation is to consider the cost of enjoyment while driving a sports car. If you can’t afford to pay, in the long run, for that enjoyment, then don’t do it.
However, One thing that will hold your investment is an old Honda C90. The good thing is that you could use it and enjoy using it, while holding its value. You would also have a scream while riding it and hold a lot of street cred, while being seen on it.

I might be rough but I’m slow as well
Keith Wilson
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Re: GTS 4.0 2023/03/09 11:05:19 (permalink)
 

JurassicGTS
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Re: GTS 4.0 2023/03/09 11:19:26 (permalink)
Bigcol
If your having cold feet it maybe best not to bother. Your obviously not a car enthusiast wanting to enjoy a car for the driving pleasure it is designed for.

Ouch🤣🤣

2023 Porsche Boxster 4.0 GTS, Arctic Grey.
2018 Porsche Macan GTS, Carmine Red full GTS package.
2020 Nissan Leaf 62 kWh.
Boxster 981S gone but still loved!
DrG1970
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Re: GTS 4.0 2023/03/09 19:05:23 (permalink)
JurassicGTS
 
Just seems to be Aviva that has this stupid attitude to PPF. Agree it should show you take extra care of your car and therefore lower risk




Although I suspect the insurance companies would argue that if the car was involved in an accident it would cost them more money to fix the car and replace the PPF than if no PPF were present. I’m sure since we’re all on this forum we all love our cars and take care of them well… but that doesn’t stop careless motorists crashing into us unfortunately 
DrG1970
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Re: GTS 4.0 2023/03/09 20:51:58 (permalink)
Scrounger
I wouldn’t worry about depreciation too much. I spoke to my sales guy the day before yesterday and he said that GTS 4.0s are holding their money well and if I wanted to sell it they’d give me what I paid for it a year ago. He also said that there may not be a MY24 but an extension to MY23. They have no more GT4/Spyder allocations coming and MY23 May we’ll be the last for those. 



 
Hi Dan,
 
Which OPC was that if you don’t mind me asking? I’m getting some ridiculous low ball quotes at present and it would be good to get a sensible offer to help me make a decision on whether to keep the GTS or sell it for something a bit more family / dog friendly.
 
Best wishes,
 
Gav
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Re: GTS 4.0 2023/03/10 08:13:09 (permalink) ☄ Helpfulby DrG1970 2023/03/10 19:37:56
Hi Gav
 
Preston is my OPC but try Chester as well. They gave me a very good price on my 718 Base a year ago but Preston were slightly better. 


Dan. 
post edited by Scrounger - 2023/03/10 14:49:00

North West (R5 & R18)
Current: 2022 Cayman GTS 4.0 Aventurine Green, PDK
Gone but not forgotten: 2020 Base Cayman, White, PDK
JurassicGTS
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Re: GTS 4.0 2023/03/10 12:04:52 (permalink)
AndrewCS
VEHICLE SECURITY NATIONAL LISTING (thatcham.org)
 
CAT 1 


My OPC have finally come back and said the alarm is grade 5? How does 5his relate to Cat1?

2023 Porsche Boxster 4.0 GTS, Arctic Grey.
2018 Porsche Macan GTS, Carmine Red full GTS package.
2020 Nissan Leaf 62 kWh.
Boxster 981S gone but still loved!
Scrounger
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Re: GTS 4.0 2023/03/10 14:51:11 (permalink) ☄ Helpfulby AndrewCS 2023/03/10 14:56:48
They mean S5
 
'S5 trackers are the highest specification Thatcham approved vehicle tracking systems available on the market. Previously known as Category 5, Category S5 is the new Thatcham classification for these vehicle trackers.'
 
'Thatcham Category 5 is the highest specification stolen vehicle tracking device that is approved by insurers. Category 5 gps trackers are ideal for high performance and high value vehicles, and when fitted correctly provide the owner with peace of mind that their vehicle is secure.'
 
Dan

North West (R5 & R18)
Current: 2022 Cayman GTS 4.0 Aventurine Green, PDK
Gone but not forgotten: 2020 Base Cayman, White, PDK
AndrewCS
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Re: GTS 4.0 2023/03/10 14:58:04 (permalink)
... as long as it`s not with Vodaphone  

Previous : Cayman R - Cayman 981 S PDK - Cayman 981 GT4 / Current : Audi B5 S4 Avant - BMW M2 (OG) DCT
JurassicGTS
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Re: GTS 4.0 2023/03/10 15:31:54 (permalink)
Scrounger
They mean S5
 
'S5 trackers are the highest specification Thatcham approved vehicle tracking systems available on the market. Previously known as Category 5, Category S5 is the new Thatcham classification for these vehicle trackers.'
 
'Thatcham Category 5 is the highest specification stolen vehicle tracking device that is approved by insurers. Category 5 gps trackers are ideal for high performance and high value vehicles, and when fitted correctly provide the owner with peace of mind that their vehicle is secure.'
 
Dan


But I presume then, they are only category S5 if I pay for the Vodaphone tracking option...whatever Porsche call it?
 

2023 Porsche Boxster 4.0 GTS, Arctic Grey.
2018 Porsche Macan GTS, Carmine Red full GTS package.
2020 Nissan Leaf 62 kWh.
Boxster 981S gone but still loved!
Scrounger
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Re: GTS 4.0 2023/03/10 15:36:00 (permalink)
More than likely but there are some insurers that don't insist on a tracker (or cancel your policy if you have PPF)
 
Dan

North West (R5 & R18)
Current: 2022 Cayman GTS 4.0 Aventurine Green, PDK
Gone but not forgotten: 2020 Base Cayman, White, PDK
Scrounger
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Re: GTS 4.0 2023/03/10 15:41:38 (permalink)
Check this monster out. Such a shame to waste a build slot!!
 
https://finder.porsche.co...0-my22-preowned-QZ8D26
 

North West (R5 & R18)
Current: 2022 Cayman GTS 4.0 Aventurine Green, PDK
Gone but not forgotten: 2020 Base Cayman, White, PDK
JurassicGTS
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Re: GTS 4.0 2023/03/10 18:54:34 (permalink)
Scrounger
Check this monster out. Such a shame to waste a build slot!!
 
https://finder.porsche.co...0-my22-preowned-QZ8D26
 


OMG!

2023 Porsche Boxster 4.0 GTS, Arctic Grey.
2018 Porsche Macan GTS, Carmine Red full GTS package.
2020 Nissan Leaf 62 kWh.
Boxster 981S gone but still loved!
PeterJRolt
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Re: GTS 4.0 2023/03/10 19:28:45 (permalink)
Scrounger
Check this monster out. Such a shame to waste a build slot!!
 
https://finder.porsche.co...0-my22-preowned-QZ8D26
 




Marmite 

Peter Rolt
R7 Regional Co-ordinator Group Member
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