BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums > General Automotive (non-BMW) Talk + Photos/Videos > 981 Cayman GTS pricing - Need some advice please

Post Reply
 
Thread Tools Search this Thread
      11-26-2019, 03:52 PM   #23
dgoldenz
Lieutenant Colonel
1840
Rep
1,748
Posts

Drives: Vanquish, FF, 392 Wrangler
Join Date: Apr 2010
Location: Las Vegas

iTrader: (1)

GTS prices are about the same as they were when I looked 2 years ago. Great car. GT4 has a totally different feel and is manual only. I wouldn’t want to DD a GT4 but I would with a GTS.
Appreciate 0
      11-27-2019, 11:12 AM   #24
Viffermike
Colonel
Viffermike's Avatar
United_States
1753
Rep
2,942
Posts

Drives: '18 black-n-blue 718 Cayman
Join Date: Jan 2015
Location: Big D

iTrader: (0)

Such bias on this forum ... well, that's what forums are for: semi-anonymous chest thumping and dry humping ... :: rolls eyes ::

The latest on upcoming 718 models:
- Base, S, T, and GTS (yes, GTS) will continue with a turbo flat-4
- GT4, Spyder, and to-be-announced 'Touring' variant have/will have an NA flat-6
- One more to-be-named variant will have an NA flat-6

Those of you who have driven a 718 and didn't like it: fair enough ... though I likely won't ever own another BMW because of my 718. (I've driven several flat-6 981s. Meh, in comparison. Sure, they sound great. I'd rather have the torque to outrun any 981 on a public road below 100 mph. Fair enough, eh?)

As for 981 resale prices: It's classic supply-and-demand, partially caused by the 718 shortage in the U.S. 718s have been haphazardly available here not primarily because of poor demand, but because of higher demand in other world markets, combined with a slew of other factors I won't get into here.

My advice, if you really want a 981 GTS: Wait a year. You'll save at least $10-$12k, if not more.
__________________
--Life is a journey made more exciting with a fast car.--
--Helmets are for closers.--
<<Current: "Blackened" '18 NBM Porsche 718 Cayman ... Gone (but not forgotten): "Blackened" MG '15 228i M Sport w/aFe filter/scoop, Hertz drivers, P3Cars multigauge, other goodies>>
Appreciate 1
inTgr8r2421.50
      11-27-2019, 12:31 PM   #25
///M///
Brigadier General
///M///'s Avatar
1861
Rep
3,661
Posts

Drives: 2016 Manual AW F80
Join Date: Jul 2009
Location: Philly

iTrader: (6)

Quote:
Originally Posted by Viffermike View Post
Such bias on this forum ... well, that's what forums are for: semi-anonymous chest thumping and dry humping ... :: rolls eyes ::

The latest on upcoming 718 models:
- Base, S, T, and GTS (yes, GTS) will continue with a turbo flat-4
- GT4, Spyder, and to-be-announced 'Touring' variant have/will have an NA flat-6
- One more to-be-named variant will have an NA flat-6

Those of you who have driven a 718 and didn't like it: fair enough ... though I likely won't ever own another BMW because of my 718. (I've driven several flat-6 981s. Meh, in comparison. Sure, they sound great. I'd rather have the torque to outrun any 981 on a public road below 100 mph. Fair enough, eh?)

As for 981 resale prices: It's classic supply-and-demand, partially caused by the 718 shortage in the U.S. 718s have been haphazardly available here not primarily because of poor demand, but because of higher demand in other world markets, combined with a slew of other factors I won't get into here.

My advice, if you really want a 981 GTS: Wait a year. You'll save at least $10-$12k, if not more.
Thanks. I was primarily considering it because they offered me a really good price for my 2016 M3 with 25k miles. In a year with the next M3 out my car price will take a hit. That said I don’t plan to pay 70k for a 2016 GTS. I think 62-63 is more reasonable. Will see how it goes. Thanks.
__________________
=========================
2016 F80 M3 AW/SO (Manual) - Picked up at the Welt 08/28/15

My Amazing European Delivery Story
Appreciate 1
Viffermike1753.00
      11-27-2019, 12:54 PM   #26
dgoldenz
Lieutenant Colonel
1840
Rep
1,748
Posts

Drives: Vanquish, FF, 392 Wrangler
Join Date: Apr 2010
Location: Las Vegas

iTrader: (1)

Quote:
Originally Posted by Viffermike View Post
Such bias on this forum ... well, that's what forums are for: semi-anonymous chest thumping and dry humping ... :: rolls eyes ::

The latest on upcoming 718 models:
- Base, S, T, and GTS (yes, GTS) will continue with a turbo flat-4
- GT4, Spyder, and to-be-announced 'Touring' variant have/will have an NA flat-6
- One more to-be-named variant will have an NA flat-6

Those of you who have driven a 718 and didn't like it: fair enough ... though I likely won't ever own another BMW because of my 718. (I've driven several flat-6 981s. Meh, in comparison. Sure, they sound great. I'd rather have the torque to outrun any 981 on a public road below 100 mph. Fair enough, eh?)

As for 981 resale prices: It's classic supply-and-demand, partially caused by the 718 shortage in the U.S. 718s have been haphazardly available here not primarily because of poor demand, but because of higher demand in other world markets, combined with a slew of other factors I won't get into here.

My advice, if you really want a 981 GTS: Wait a year. You'll save at least $10-$12k, if not more.
I would be very surprised if cars with similar mileage are $10-12k less in a year. I've looked at 981 GTS for 3 years now and the prices have held very steady, especially for cars that are built with the more desirable options/colors
Appreciate 0
      11-27-2019, 01:08 PM   #27
gatorfast
Major General
gatorfast's Avatar
United_States
4969
Rep
6,854
Posts

Drives: 718 Cayman
Join Date: Jan 2008
Location: SoFla

iTrader: (4)

Quote:
Originally Posted by Viffermike View Post
Such bias on this forum ... well, that's what forums are for: semi-anonymous chest thumping and dry humping ... :: rolls eyes ::

The latest on upcoming 718 models:
- Base, S, T, and GTS (yes, GTS) will continue with a turbo flat-4
- GT4, Spyder, and to-be-announced 'Touring' variant have/will have an NA flat-6
- One more to-be-named variant will have an NA flat-6

Those of you who have driven a 718 and didn't like it: fair enough ... though I likely won't ever own another BMW because of my 718. (I've driven several flat-6 981s. Meh, in comparison. Sure, they sound great. I'd rather have the torque to outrun any 981 on a public road below 100 mph. Fair enough, eh?)

As for 981 resale prices: It's classic supply-and-demand, partially caused by the 718 shortage in the U.S. 718s have been haphazardly available here not primarily because of poor demand, but because of higher demand in other world markets, combined with a slew of other factors I won't get into here.

My advice, if you really want a 981 GTS: Wait a year. You'll save at least $10-$12k, if not more.
What is this shortage you speak of There are still new 718s on dealership lots that are more than a year old because they arent selling.
Appreciate 0
      11-27-2019, 02:17 PM   #28
Darth One
drunk poster
Darth One's Avatar
United_States
6613
Rep
3,649
Posts

Drives: M4 GTS | E46 M3
Join Date: Jul 2008
Location: FL

iTrader: (0)

Quote:
Originally Posted by ///M/// View Post
Thanks. I was primarily considering it because they offered me a really good price for my 2016 M3 with 25k miles. In a year with the next M3 out my car price will take a hit. That said I don’t plan to pay 70k for a 2016 GTS. I think 62-63 is more reasonable. Will see how it goes. Thanks.
Is your budget 62-63 max, or are you willing to actually cross into the 70’s (but are unwilling to pay that much for a GTS)?

If the latter, you might be able to pick up a higher mile GT4 for around $75k soon. And by “higher mile” i mean like 12k miles...Porsche GT’s are so sensitive to mileage for a car that’s built to last, it’s one of the market’s great arbitrage opportunities.

Closer to 62k, i think I’d go 981 GTS. Even though the 718 is more capable, it loses a lot of things that made Caymans special. Kind of like when BMW went from E46/E90 to F30/80. IMO of course, although a lot of people would agree with me.
Appreciate 0
      11-27-2019, 08:57 PM   #29
///M///
Brigadier General
///M///'s Avatar
1861
Rep
3,661
Posts

Drives: 2016 Manual AW F80
Join Date: Jul 2009
Location: Philly

iTrader: (6)

Quote:
Originally Posted by Darth One View Post
Is your budget 62-63 max, or are you willing to actually cross into the 70’s (but are unwilling to pay that much for a GTS)?

If the latter, you might be able to pick up a higher mile GT4 for around $75k soon. And by “higher mile” i mean like 12k miles...Porsche GT’s are so sensitive to mileage for a car that’s built to last, it’s one of the market’s great arbitrage opportunities.

Closer to 62k, i think I’d go 981 GTS. Even though the 718 is more capable, it loses a lot of things that made Caymans special. Kind of like when BMW went from E46/E90 to F30/80. IMO of course, although a lot of people would agree with me.
Not about budget as much but more about what I want to pay for the GTS. IMO it is overpriced right now and I would feel okay spending 62 on a low mile 2016. I would totally go for a GT if it were mid 70’s now but it’s not. Also the equation changes on what I an get for my M3 now vs waiting till January.

I did an extended test drive with a manual 718 GTS and It didn’t do anything for me. It didn’t feel special like the Flat 6.
__________________
=========================
2016 F80 M3 AW/SO (Manual) - Picked up at the Welt 08/28/15

My Amazing European Delivery Story
Appreciate 0
      11-29-2019, 11:59 AM   #30
Darth One
drunk poster
Darth One's Avatar
United_States
6613
Rep
3,649
Posts

Drives: M4 GTS | E46 M3
Join Date: Jul 2008
Location: FL

iTrader: (0)

Well I feel that 70k is unequivocally high for a car that retailed with desirable options for around $95k. I'm relying on memory here - so someone please correct me if needed - but Cayman three-year residuals are somewhere around 65%.

Residuals are not the be-all end-all of used car pricing, but do tell you that the manufacturer expected their $95k car to be worth around $6/k after three years and 30-36k miles
Appreciate 0
      11-29-2019, 01:29 PM   #31
Viffermike
Colonel
Viffermike's Avatar
United_States
1753
Rep
2,942
Posts

Drives: '18 black-n-blue 718 Cayman
Join Date: Jan 2015
Location: Big D

iTrader: (0)

Quote:
Originally Posted by dgoldenz View Post
I would be very surprised if cars with similar mileage are $10-12k less in a year. I've looked at 981 GTS for 3 years now and the prices have held very steady, especially for cars that are built with the more desirable options/colors
The primary reason they are keeping value is because of the NA flat-6 in them. Once flat-6 718s start arriving stateside in 2020, the prices should start to fall.
__________________
--Life is a journey made more exciting with a fast car.--
--Helmets are for closers.--
<<Current: "Blackened" '18 NBM Porsche 718 Cayman ... Gone (but not forgotten): "Blackened" MG '15 228i M Sport w/aFe filter/scoop, Hertz drivers, P3Cars multigauge, other goodies>>
Appreciate 0
      11-29-2019, 01:50 PM   #32
Viffermike
Colonel
Viffermike's Avatar
United_States
1753
Rep
2,942
Posts

Drives: '18 black-n-blue 718 Cayman
Join Date: Jan 2015
Location: Big D

iTrader: (0)

Quote:
Originally Posted by gatorfast View Post
What is this shortage you speak of There are still new 718s on dealership lots that are more than a year old because they arent selling.
Because those 718s are dealer orders and are often optioned to near-911 levels, for one. Many of the 718 owners I know didn't want a 'baby 911'. They want a sports car.

Throughout most of this year, no one could even special-order an S -- even in Europe. For most of this year, orders of base 718s were limited to 2-3 allocation months, as well. The primary reason? GTS production, as well as re-tooling to accommodate flat-6 variants, as well as the completion of manufacturing migration from Zuffenhausen to Osnabruck (and the indirect logistics of Porsche's partial bulldozing and reconstruction of the Zuffenhausen complex to enable Taycan/EV production), as well as WLTC-EPA hiccups, as well as prioritization of availability in the EU and Asia, where 718 demand is stronger ... shall I go on? Because I can ...

The 718 isn't selling poorly. It's selling just fine, but mostly elsewhere -- and Porsche has to prioritize and meter output. The U.S. is not Porsche's only market. Not by a long shot.
__________________
--Life is a journey made more exciting with a fast car.--
--Helmets are for closers.--
<<Current: "Blackened" '18 NBM Porsche 718 Cayman ... Gone (but not forgotten): "Blackened" MG '15 228i M Sport w/aFe filter/scoop, Hertz drivers, P3Cars multigauge, other goodies>>
Appreciate 0
      11-29-2019, 02:31 PM   #33
gatorfast
Major General
gatorfast's Avatar
United_States
4969
Rep
6,854
Posts

Drives: 718 Cayman
Join Date: Jan 2008
Location: SoFla

iTrader: (4)

Thanks for all of those facts, although it has nothing to do with a 718 shortage. The bottom line is there are plenty of 718s for sale right now both new and preowned. While Porsche may be retooling or otherwise cutting 718 production it does not mean there is a shortage. Demand does not seem to be outpacing supply.

Mind you, I am not dismissing the 718 as a fantastic sports car. But from what I see, there are more than enough 718s to go around.
Appreciate 2
alex23642846.50
///M///1861.00
      12-02-2019, 11:52 PM   #34
SoCal_NSX
Major
SoCal_NSX's Avatar
2363
Rep
1,356
Posts

Drives: 981CS/428/is250/JLU Rubicon
Join Date: Jul 2017
Location: Center of the Universe

iTrader: (1)

I love the 981 GTS, but couldn't justify the $15-20k price difference from the S
I ended up finding a 2014 981 Cayman S with $18k in options that was basically a PSE short of a GTS and saved $20k over the next priced GTS. If I had an extra $20k lying around though I'd be tempted to get the GTS.

Here is my thread on it
https://f30.bimmerpost.com/forums/sh....php?t=1649698






Loving it so far

Last edited by SoCal_NSX; 12-02-2019 at 11:59 PM..
Appreciate 1
      12-02-2019, 11:55 PM   #35
dgoldenz
Lieutenant Colonel
1840
Rep
1,748
Posts

Drives: Vanquish, FF, 392 Wrangler
Join Date: Apr 2010
Location: Las Vegas

iTrader: (1)

Quote:
Originally Posted by SoCal_NSX View Post
I love the 981 GTS, but couldn't justify the $15-20k price difference from the S
I ended up finding a 2014 981 Cayman S with $18k in options that was basically a PSE short of a GTS and saved $20k over the next priced GTS. If I had an extra $20k lying around though I'd be tempted to get the GTS.

Here is my thread on it
https://f30.bimmerpost.com/forums/sh....php?t=1649698




Loveing it so far
Congrats, they’re fun as hell. Put an aftermarket exhaust on and you’re going to have a blast. Best color too 👌👌
Appreciate 1
SoCal_NSX2363.00
      12-08-2019, 10:59 PM   #36
Dog Face Pony Soldier
2006 TIME Person Of The Year
Dog Face Pony Soldier's Avatar
United_States
9720
Rep
6,445
Posts

Drives: M Sport 335i
Join Date: May 2013
Location: North Jersey

iTrader: (0)

Garage List
2014 335i  [9.74]
Side note: Porsche's pre-owned search tool now lets you add keyword filters. This lets you search for vehicles that have specific options by adding the option code to the filter.
__________________
Appreciate 1
///M///1861.00
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:45 AM.




m2
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST