Porsche Cayman Market Update | Prove You Don't Need a Porsche GT3 RS to Avoid Depreciation

Fourwheel Trader - Car depreciation analysis

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Porsche cayman prices hardly decreased during last year. You do not need to spend hundreds and thousands of dollar on a GT3 RS to get yourself into modern Porsche with a relatively low depreciation rates.
00:00 Crazy GT3 RS values
00:39 Cayman depreciation
05:44 Comparison to other cars (e.g. BMW M2)
06:46 Potential price decrease
08:26 Conclusion
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You do not need to spend hundreds and thousands of dollar on a GT3 RS to get yourself into modern Porsche with a relatively low depreciation rates. We saw that cayman lost only 1% on average and is in GT RS territory when it comes to depreciation. Moreover, it outperformed many other cars.
All of this does not mean that price will change by a similar rate during nextt year. We saw that the carried over inventory rate accelerated during the last three months, something that didn’t happen for a long time. This implies an increase in the downside price risk. Moreover, it is not an isolated effect. It is also happening in the 911 Carrera market
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.

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12 июн 2024

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Комментарии : 109

@fourwheeltrader 3 месяца назад

*More market analyses* Porsche: ru-vid.com/group/PLkx3WmwEN66dKJQug4xwskaR8tqUEtg_i Ferrari: ru-vid.com/group/PLkx3WmwEN66fjX4_e99Lu5gN2rlOtBhrE McLaren:ru-vid.com/group/PLkx3WmwEN66dlx4PN9VpM2-gSLKB0WVFn Audi: ru-vid.com/group/PLkx3WmwEN66fTWOIizW1gGdyJNvxyLXNm Mercedes: ru-vid.com/group/PLkx3WmwEN66fljQWz7PVLNUiggjZ5FGv_&si=3dyHoeOeVE4c1uR5 Chevrolet: ru-vid.com/group/PLkx3WmwEN66c-lJQmVKZ_mEKWaln3CcRH&si=V-CHGuBXNecc3OZp General car market updates: ru-vid.com/group/PLkx3WmwEN66eE4KxbIXZHxMf637v0CsVy

@sonicboommashups 3 месяца назад

As someone else stated recently, can you please include the model you're analyzing on the top of each graph please? Or a simple title on each chart? For example, at 4:45 you have median price but unless we were listening to every word at the beginning of that section I'm not sure what this is the median price of? The Cayman? Which model? Which years? Thanks for considering this idea.

@DivineFrag 3 месяца назад

HIGHLY anticipating the EU market videos coming soon

@ZDY66666 3 месяца назад

981 GTS only produced for 2 years. The most proper trim and hits the spot in the driving experience. Such a ridiculous small amount of stock on market at any given moment too (always either 1 or flat out 0 listed in my 500miles radius). Sounds better than the 4.0 flat 6 engines in 718 even if they make less power. Its a very underrated vehicle that is a gem and isn't getting nearly enough of the spotlight it deserves

@Jay-xr3sb 3 месяца назад

981 S with full options is the sweet spot, I got mine £12k lower than the gts. That's a big difference for some badging

@brennanwhite9872 2 месяца назад

Ive got a 981 GTS in Carrara White metallic. $99.6k original build cost, high options. PTV, PDK, X73, PDLS, gts interior, carbon trimmed everything, illuminated carbon door sills, deviated red stitching, 18 way seats. Mods: full length headers, akropovic titanium exhaust with PSE maintained, PS4S michellins, 21” HREs with 305 rears - yes, 305 fits. Bilstein coilovers, brembo 6 piston 380mm fronts, 4 piston 345mm rears, gt3 tb, intake plenum, Cobb stage 2 91 tune, air filters, ppf. Faster than stock manual GT4s. Higher cornering speeds than anything thats not a GT3 or GT2.

@chazonyoo 3 месяца назад

As a 718S owner, it’s great to hear. lol. Bc my car sits 6of the 7 days of the week.

@Matt77346 3 месяца назад

I have a 12' Peridot 987.2 S in manual and will keep it as long as I can. Just added the FVD Brombacher "sound edition" exhaust and wow, it's insane how good the flat six sounds. I've had two 911's which were also amazing but prefer the more nimble/surgical feel of the Cayman. These are true sports cars and very fun to drive...Highly recommend.

@juanayala5873 3 месяца назад

Love the videos always clear and concise. 👍

@jwon985 3 месяца назад

Awesome video as usual! Would be great if we could also see some ongoing analysis for the 987.2 Cayman R

@trigganometry168 3 месяца назад

I was surprise to find out they produced more 718 GT4 then 718 GTS 4.0’s. I will help keep those prices high by never selling my 4.0!

@jirkamisa4791 Месяц назад

Please, can I find somewhere worlwide production of GTS 4.0 and GT4? :)

@BurnsRubber 3 месяца назад

981 Cayman S MT owner here w/3yr CPO warranty. In “GTS Spec” with LSD, PASM, SC, and PSE. White, platinum satin Carrera wheels, black interior, 14-way. My car was very difficult to find. I was first in line for a GTS 4.0 when I bought it and when my allocation came up I passed on it. My sales person was obviously disappointed. It would have cost 2x. With CPO, it’s covered nearly like new car warranty. I could have prdered it and not taken delivery but I don’t think that’s fair to the next person in line. Best part, I can just drive it and not be as concerned about keeping it pristine. My 981 is great condition but not factory new. I can also keep it without concern for depreciation, except for mileage.

@jayem6425 3 месяца назад

Much appreciated as always, many thanks. Could you please add the analysis of the Boxster variant, especially of the Spyder?

@fourwheeltrader 3 месяца назад

I covered the Boxsters in their own video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uur-kyzSXzk.htmlsi=CkaAuaI6YzPgSPMr

@jayem6425 3 месяца назад

@@fourwheeltrader Thank you very much. I look forward to seeing how the market develops this year

@arnaudbethencourt4729 2 месяца назад

Great content, analytics made simple - but with the underlying depth of data It would be nice to see a comparative analysis of an end of sales similar porsche model effect on prices to try to estimate the potential effect of the 718 going EV in 25 I guess also taking into consideration the supply dropping for the vehicle, but considering the supply remaining for some outside EU key markets I am guessing they will still keep some oil motor production line open

@9fd 3 месяца назад

Great video, thank you very much for your analysis. What do you think will happend to the boxster market when they release the new elektric boxster? EVs tend to depreciate more that ICE cars. Do you think If the electric boxster goes down in price it will push down the prices of the current model? Just like the taycan with panameras

@ThatCaymanGuy 3 месяца назад

Great Video! Why are 944 prices blowing up? i see some S2's and Turbos more than what my Cayman S is worth.

@NEH718GTS25 2 месяца назад

Great analysis as always! I drive a Boxster 25 year and love it! It’s a second car and garage kept but have put 9,500 miles on it since new (not a garage queen). I’m guessing the 4L’s in all variants will continue to hold and go up once the 2025’s hit the market in all-electric ONLY! I’d pick one up soon before prices get stupid.

@norto911 3 месяца назад

I have a 981 Cayman GTS that is nicely spec'd but I'd love to see a video with your thoughts on the MINI Cooper S. Thanks!!

@kobooe 2 месяца назад

Being a 987.2 owner I always take extra notice in those trends. The uncertainty always seems higher for those models, I assume they sold less due to the financial crisis just before. Have you ever compared turn-over rates in second hand market to total volume sold?

@dp2901 3 месяца назад

I got a 981S used in 2018 and traded it in for about what I paid last summer. I now have a 718 CGTS and it took me two years to get an allocation. I think with the cancelation of ICE the values will probably not go down much.

@michaelhawthorn7068 3 месяца назад

Would you be able to provide a Cayenne depreciation video? Also do you feel that the data will flow down to smaller markets such as Australia?

@imperatormouse2735 3 месяца назад

How much does that apply for the 718 Boxster (GTS 4.0)?

@user-zx1ir7jt4c 2 месяца назад

Love these vids. I would love to buy a sports cars that I thoroughly enjoy and that also holds its value, leaning in the direction of GT4. I have also noticed that the RS models are all over the place now and they just aren't selling like they were a few years back. 2-3 years ago if you could find ANY of the GT models they were gone very quickly. I remember seeing the $300k+ price tags on the RS cars a few years back. Now they are all less than 250k. I think the value of everything is about to come crashing down though and we enter a recession. I say this because interest rates are higher than they've been in over 20 years! This discouraging borrowing and no one wants to pay those exorbitant rates. Naturally this has impacts felt across the board. Buckle your seatbelts because it could get ugly! Soon...

@KrisP-vs1xz 2 месяца назад

Considering 2019 Mac 720s 6k miles for $220k, 2014 458 Spyder with 15miles for $240k or 12k mile 2017 488 GTB for $250k. All clean title. Which would you consider if resale value is important?

@SchwarzerCorsaR 2 месяца назад

Can you say anything certain on 981 Spyders? Or is there just a too few number of these?

@AJ-kineticU 3 месяца назад

718 with the base 4 pot…amazing cars no matter what the snobs say. Usable power band low and high for everyday use.

@DANNY40379 Месяц назад

yes but they sound like an sti

@RayCheng1 3 месяца назад

Interested to hear your opinion on continued and future GT4RS prices

@Nord_Mann 3 месяца назад

You don’t have to be a rocket scientist to understand what’s happening with the prices when the GT4RS is discontinued summer 2024.

@RayCheng1 3 месяца назад

@@Nord_Mann is it going to be discontinued this year? Seeing others saying it’s going to be produced alongside EV through 2025. Have one coming in April so if it’s discontinued this year, 👍🏼

@KeanPhang 3 месяца назад

It will continue to depretiate. For the price one would take a Lambo over a 718 anytime of the day

@RayCheng1 3 месяца назад

@@KeanPhang I’d take a GT4RS over any Lambo any day. People’s tastes are different I guess.

@KeanPhang 3 месяца назад

@@RayCheng1there's a ready stock fully spec gt4 RS in arctic grey here in Malaysia selling at msrp. Sadly no takers still.

@simonmektupchiqn Месяц назад

Are you planning on making a video on the 718 spyder? There's an interesting trend in the market, which shows how automatics are showing stable pricing in comparison to manuals, which have decreased by 5-10% of the previous year.

@fourwheeltrader Месяц назад

This is the latest one for the 718 spyders. I will probably update it in the upcoming months. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uur-kyzSXzk.htmlsi=Xz46nH9z87wksmYE

@ForgetfulFoot 3 месяца назад

Recent Australia 981 Base PDK owner here. Purchased my car for roughly what the precovid price was 3-4 years ago. 981 Cayman is an interesting car as there aren't many true alternatives in the price range. Most of the equal competitors are compromised or arent on true dedicated sports car platforms (m2, 4c, evora, TTRS, AMG45 etc). The only other cars that offer what the Cayman does is often double the money (eg in the 911 price range). The only cheaper cars with similar dynamics to the Cayman to me would be a S2000, MX5 or new 86. But those also arent as all-around useable as a Cayman.

@vectorcruzusa 3 месяца назад

What about a Corvette? Are those available in Australia?

@ForgetfulFoot 3 месяца назад

@vectorcruzusa we do have them. But we have to pay to get them converted to RHD. Which puts their price at about $220,000 AUD for a 2LT. Which is roughly $130,000 usd. At that price, you may as well just buy a GT4/GTS 4.0 or a Base 911.

@kristxlaw 3 месяца назад

Would you please make a similar video for the Boxsters?

@fourwheeltrader 3 месяца назад

I did one a few weeks ago: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uur-kyzSXzk.htmlsi=cvaJHJp45O-82V-j

@julianmass7312 3 месяца назад

It appears that 987.2 s models increased in price but it was lumped with the vehicles that are depreciating. Is it because of the massive price variations?

@fourwheeltrader 3 месяца назад

The uncertainty in the .2 numbers is too high so i did not include them in the final overview. As mentioned, I think the average of the .1 gives a more appropriate estimate. The number for the 987 in the overview chart is therefore based on the 987.1.

@DavidBalko 3 месяца назад

That 4 cylinder GTS is quite the value proposition, If you don't mind driving the car everyone seems to turn their nose up at, and you can find one.

@ThatCaymanGuy 3 месяца назад

i drove a 718 GTS and it actually doesn't sound as bad as you think and it was a fantastic car to drive. Would i trade it for my 2006 S? Nah, There is something to be said about that flat 6 howl.

@jagymeister 3 месяца назад

@@ThatCaymanGuyI have 718S with all GTS goodies and recently drove customers 987.2S and 718S is jusr much better car. Yes, 4cyl doesnt sound that great, but overall the car package is much better.

@ThatCaymanGuy 3 месяца назад

@@jagymeister Oh, i bet , they are fantastic cars, I'd take the 4 cylinder version over an electric.

@jagymeister 3 месяца назад

@@ThatCaymanGuy haha for sure 😅 EV will be very bad and prices will go 🚀

@infernopizzerianapoletana2757 3 месяца назад

Do you think the GT 4rs will slow down on depreciation? I have one on order. Also you think it will hold its value?

@ForgetfulFoot 3 месяца назад

Idk what the dealer allocations are like. But in Australia, it's looking at about 15% depreciation in the first year. If production is in full swing and allocations are no longer hard to get. I think that 35% total depreciation in the first 3 years wouldn't be unreasonable. In our country that be about $150,000 AUD lost in 3 years

@derbender9264 3 месяца назад

It will, the hype turned to the GT3RS for now, give it a handful of years from now, you will not lose with a gt4 rs.

@joe718gt4 3 месяца назад

ADMs are coming down so if you're buying now, it won't be as bad as the people who really got them early (in the US)

@infernopizzerianapoletana2757 3 месяца назад

True.

@DarkTouch 3 месяца назад

i reckon that only the price premium is dropping and the base value will be rock solid. Also, i think this is short term as the car goes to electrification the prices will likely begin to rise once that starts

@ernesternest815 3 месяца назад

Higher interest rates have to slow the sales.

@skippynj1979 3 месяца назад

I have a 718 GTS 4.0 coming in... Although I'm going to wish I keep it low miles and pristine . I'm going to drive the heck out of it and enjoy every penny. And After 100k miles.. maybe consider parting with it..

@ralfulrich6254 2 месяца назад

you should then put PPF on it and only drive in good weather. But only carefully. To preserve it as good as possible. And then a year on change your mind and sell it at a loss. 😀 jk

@skippynj1979 2 месяца назад

@@ralfulrich6254 I did that with my c8 Vette right now. Unfortunately I just don't like the car.

@AM-uk7jv 3 месяца назад

The lack of depreciation for the flat 4 718 Caymans proves haters wrong. They're just mad that they can't afford even a 4 cylinder Porsche.

@ralfulrich6254 2 месяца назад

because for many this is the only Porsche that was achievable. It is the final year in the EU Porsche sells the base models. Low mileage ones will stay strong.

@edvedder7835 2 месяца назад

Who thinks like this? What are you 12? I could afford a Cayman, but would not pay that for a 4 banger. Previous owner of the 6 cylinder, but much prefer the V8 of my C8 2023 model.

@fxlltxtsearch 2 месяца назад

As a 987 owner this is just wrong. The 4 cylinder is cool, but for the pricepoint it makes no sense. Id rather just shoot for a gt3. Its not that prospective buyers cant afford a cayman, it just makes no sense.

@ralfulrich6254 2 месяца назад

@@fxlltxtsearch not everybody wants an old car. The 718 Caymans are really quick and fun. I would rather buy a 4 cylinder almost new than a high mileage gt3

@fxlltxtsearch 2 месяца назад

@@ralfulrich6254 for $120k so people can go like “nice subaru” and always internally feel like the car is inferior? It doesnt make sense

@rvdende 3 месяца назад

Daily driving a 981 gt4 is absolute bliss :) got mine for $72600 with 12000 miles

@davidagoglia6758 3 месяца назад

GTS 4.0

@garyriccini3904 3 месяца назад

Could use a new F type R Jaguar video!

@fourwheeltrader 3 месяца назад

I grouped them together with other cars: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-kP4NDFUm0DE.htmlsi=7ctLZ7Bkw92B8wQr

@Yakman18 2 месяца назад

Love my GTS 4.0! And they’re not making any more.

@targa6sp993 3 месяца назад

The best 981 gt4 im ever drive

@666willis666 3 месяца назад

The reason why there hard to get is because they don't want you to sell it. Also if you up down shift to soon and overreve the engine you lost a lot of value. Porsche have a program that lets them know how many times and how bad no enthusiast will want it then . They will want to check it. Then you can only pawn it off to smuk and lose money.

@ralfulrich6254 2 месяца назад

this is all fear mongering. To overrev the engine you must really hate your car. No normal person will ever do it. Even if you misshift you must be on the edge. Only possible in a manual of course. No different than any other car other than Porsche keeps track of abuse. Which is a good thing.

@foxxygearreviews7754 3 месяца назад

997 turbo manuals haven’t depreciated at all either.

@noandrewhere 2 месяца назад

But they don’t sell

@chrisquinn4181 3 месяца назад

Could you do a video on Mercedes G-Wagens (550 and G63)? Thanks

@fourwheeltrader 3 месяца назад

I have an older video on g wagons, but it needs an update: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-NvouxFdUT6k.htmlsi=tAl5YIx25y3JYWWr

@KeanPhang 3 месяца назад

My 718 GT4 full spec is still a 3 years old virgin

@thefabulousmula 3 месяца назад

get a boxster, it's $5000 cheaper for the same car with a convertible

@ForgetfulFoot 3 месяца назад

I was thinking that when I got my Cayman. But the roofline of the Boxster with the roof up just isnt as pretty as the Cayman.

@WFORacer 3 месяца назад

@@ForgetfulFootwhy would you have the roof up? 😂😂😂

@hobear637 3 месяца назад

Can you do an analysis for the Rav4 Prime?

@oleister 2 месяца назад

But who wants a 4 cylinder Porsche?

@RobertEaglefy 2 месяца назад

Majority of the EU and Chinese markets, which basically account for almost all of Porsche's market in this segment. The regulations in the EU of anything that's over 2L (or 2.5L in some more lax parts of the EU) are incredibly prohibitive - in the state that I'm in (Romania), the annual engine tax for something that's 4.0L is somewhere in the neighborhood of $2.5k. Just that alone. The mandatory insurance and CASCO will bring that up to $6-7k a year, also mainly because of the engine size. You're looking at spending about $10k/year on keeping the car on the road, not factoring in maintenance, or the extended warranty. In comparison, the engine tax on a 2L engine is $50 a year, and the mandatory insurance and CASCO are about ~$2.5k/yr, much lower than the previous setup. What this means is that everyone's steering away from anything that has engines over 2.5L as the costs are just way too prohibitive. In a few years, that engine tax is poised to double/triple because of the current political layout, and everyone's factoring that in. What this means is that flat fours are selling like hot cakes, whereas the flat sixes are sitting on the inventory and going down in value. It's literally the "Mustang" problem. Nobody's buying them because they come with 5.0L engines - there's a blue Mustang at Ford's in the entire country (only one example left in the entire country), and nobody's buying it, while also coming with a big discount - 20-30% under MSRP.

@zzzzzsleeping 3 месяца назад

I have more people looking at my dressed up Toyota Tacoma than when I had a Porsche turbo S. In Miami, Porsche is like a stray cat. You see them all over and you can't appreciate it.

@muffinman4353 3 месяца назад

911 is the only Porsche you should obtain.... Forget about the Caymans or the Boxsters.

@noandrewhere 2 месяца назад

Only if you don’t know a thing about Porsche

@muffinman4353 2 месяца назад

@@noandrewhere over the past 30 years, I've owned a Boxster, Boxster S, Cayman, a 928S and a 911 ( which I still own) .... I know how to drive these cars, and the 911 is truly the only Porsche you should own and drive..

@DANNY40379 Месяц назад

@@muffinman4353 sure you have...

@muffinman4353 Месяц назад

@@DANNY40379 Don't be jealous Danny boy, maybe one day when you grow up..... you'll be able to afford one.