timtimzi ni make sure to include “Porsche” and wouldn’t hurt to include model name you prefer as well, however, they are well liked and there aren’t many often available, especially considering you started looking in the spring. Some of the oldies still like to post on Craigslist & sell themselves. Good luck!
Great video, I bought a 981 GTS with a manual gearbox 2 weeks before the gts 4.0 was announced. Iam from Belgium and the new GTS is 10k more expensive as the 981 used to be and the taxes in Belgium are also 10k more expensive on the new 4.0 gts in Belgium. Not a lot of 4.0 GTS will be sold as I think that the few people who want to pay the extra tax also want to pay 5k more and get the GT4. BTW where the 981 GT4 was almost impossible to get, the 718 GT4 is almost impossible to sell for the Porsche dealerships, one of the biggest Porsche dealerships in Belgium (Porsche Centre Knokke) has 3 GT4's in stock. So I think it is really hard to predict what the price is going to do, but honestly if I knew what I know now I would probably have waited for 1 more year before buying my first Porsche as I think that we are heading towards an economical recession and that will affect the prices of all cars...
I have indeed also seen a lot of GT4s in stock. I think they lost some of the magic after the first one, especially since there is a RS version on it's way.
Your data driven analysis is awesome to watch. I've got 2 requests: A boxster vs Cayman comparison (yes, I can watch your videos on each and draw my own conclusions but still....) A Macan model comparison video. My GF likes the Macan and I'm trying to figure out which is the one that will cost me the least in depreciation so I can prepare for my GTS 4.0 purchase...
The options are also a big factor in depreciation. I wasn’t willing to buy an 981 S without PASM or X73, PSE, SC, PTV and Manual trans. It was hard to find, and had to pay a bit more, but was worth it.
I found that options are a big factor in the first 2-3 years. After that, the premium fades away really fast and, compared to model year and mileage, they have no predictive power for the price of the car. That ofcourse doesn't mean that a full spec car has the same price as a low spec car. The difference however decreases rapidly when the car ages.
Fourwheel Trader - Car depreciation analysis I think the Lotus Evora as well as the Elise and Exige depreciation are amongst the most unique at least here in the United States.
Well fast forward to 2024 and the depreciation crystal ball is a bit foggy. Here in Canada a base 2017+ Caymans are going for an average of 70k plus tax. 2018 CGTS are high 90’s + tax. The flat 6 gts used is over 100k + tax. I don’t see that much in depreciation with these cars and especially now that Caymans are going electric. I picked up a used Porsche CPO 18’ CGTS for 120k cad tax in plus extra warranties added. Car had 23k kilometres on it.
New subscriber, excellent vid! Depreciation is a very important side of a buying a car, as someone who works in finance and is getting a 981 soon this is very important to me haha! I'd suggest perhaps comparing the different regions? Aka I imagine German Market is different to others, good job!
The new 718 GTS 4.0 still cannot match the 981 For engine sound, because of the new EU PPF exhaust restrictions, in fact it sounds pretty poor for a F6 engine...
Have you driven one? They sound superb. A bit muted (can be fixed with an exhaust) but revs to 7,800 with a lot more torque and high end excitement that the 981.
Great video, can't wait for the next Cayman series. How about the new Supra, specifically the Launch Editions now Toyota has announced they will be releasing new "special edition" models every year and with the significant bump in power for the 2021 model?
9:57: Agreed! Interesting, I hope the 981 GTS really does drop some as a result of the 781 GTS 4.0. We'll see! Hopefully its not too much longer that I'll follow the market and instead get my butt in a nice car driver seat
It’s interesting that people supposedly prefer the slow 981 to the much faster, much more capable 718. The old 6 cylinder is so slow to accelerate. I own a 718 GTS but drove a 981 and it sounded good but not much different than a 718 GTS, it was however, much less performant...er, it was slow!
@@jklok Nah man, my purchase is justified, the car is great. Old Porsche's are cool but newer is always better. Plus I live at altitude and the 981's are pigs to drive up there!
@@tommy516 that’s good you love your car because at the end of the day that’s all that matters. However, calling something “better” is subjective. Fast vs slow is subjective. To each their own.
Love your videos good sir. May I kindly request an analysis of GT4 981 vs GT4 781 please? Will higher spec make a difference on this type of car over time? Thanks!
So I need to add the cost of depreciation per year to the depreciation per 1000 miles per year - so for a base model $4902 + $3110 for 10,000 miles driven = $8012 per year? The thing is when I look at prices compared to how they were a year or even a few years ago they have barely changed at all in the UK market. They are more expensive if anything.
When you add the depreciation per year to the depreciation per 1000 miles you overestimate the value change due to the correlation between mileage and model year. Also, used car prices increased a lot this year due to an increase in demand and decrease in supply; i have some videos on this. There is also have a more recent video on the 981 and 718 market: ua-cam.com/video/8QDFPew_Xms/v-deo.html
Bought a used 2018 718 s for 55k US in late 2020, I am starting to see prices well above 60k for similar miles/options... The GT4 would be a better investment but I love this car and it seems to be holding or even going up at this point. Perhaps the Gt4 exclusivity and price are driving others towards the 718/981s? It did for me, once I saw the cost/performance of the 718 S, GTS and added comfort I was excited to go that direction, still not sure I'd love the GT4 but it would likely go up.
So where does the Boxster factor into this analysis? Do you combine the Cayman and Boxster into the same group or are there variances between the convertible and the hardtop?
Hmmmm are you saying the base model and s model 981 cars are just following base line long term cayman depreciation curve and only the gts 981 will be effected by the new 4.0 litre 718. I think all 918s will drop when this new 4.0 litre comes out.
Yes, i think that the s and base will follow the long term path depreciation line and end up im the area of the 987. They might not end up even end up slightly higher. The reason that i think this is that the premium for the base and s compared to the full market depreciation curve is small. Also, the new 4.0 gts is priced way above the current base and s models, so in my mind it doesn't directly affect the demand for the s and base. All of this is ofcourse speculation :)
I have a question, where do you get your "new car price" sticker price or whatever, I find that tricky to do. Furthermore there are examples of cars I know (like Nissan GTR) that changed their sticker price throughout the years and went from 70k car to a 100+ k car. Thank you :)
All of the prices are advertised prices. That means that they can change of course throughout the year and that the actual selling price might be different.
That's right. About a year after original video, then it is easy to see if the cars followed the depreciation path or deviated from that due to the c8 introduction.
@@fourwheeltrader do it multiple times a year lol. They can even be low researched vids for the sake of updating and seeing how the trend forecast is going.
Looking at buying a Cayman 718 gts - can anyone advise when might be the best time to purchase within the next 12 months? I'm expecting it to drop a lot of value in the next few months due to covid
Fourwheel Trader - Car depreciation analysis You said that the Base version depreciates at $4,675 per year. The numbers and plots are in orange, which per the legend to the right, orange is the Cayman S. The Base is blue.
Something with demand and supply :). They get requested the most and also tend to get the most views. Having said that, there are no porsches coming in the next 2/3 weeks. Which cars would you like to see analysed?
Wow, we're really digging the bottom of the barrel for topics of conversation.............now we're comparing "depreciation performance" in sports cars? What a joke. My avatar has a $127K Corvette Z06/07 and a $196K NSX in it.......over $300K worth of sports cars. Do you think I give/gave a s@#t about depreciation when I bought them? Are you kidding? Maybe people who concern themselves with this issue should stick to riding a 10 speed bicycle instead.....I don't have the Vette anymore. Traded it in on a RAM 3500 Dually so we can get a 30ft+ boat.....I got to drive the car for a few years, had some fun...depreciation is the cost of fun...........stick to a 10 speed if you aren't willing to pay for it.
Yo Douglas, some people who would like to have a sports car for a few years need to be mindful of depreciation. People who have $$$ coming out their ears, seemingly like yourself, don't have to worry about it. It looks like this was a chance for you to flex your muscles. Good for you! The smart people can have some fun, and maybe even MAKE some money! Fourwheel Trader took the time to make this video to help us all with the intent to educate us.
I bought a 981 base a couple months ago. I have no interest in a 4 cylinder turbo Porsche. The sound on the NA6 motor is intoxicating.
Is it strange that I can't find a 981 used at all? Am I searching up something wrong?
They are awesome :) if you're interested i made a sound comparison of stock and with a capristo exhaust 😍😍
timtimzi ni make sure to include “Porsche” and wouldn’t hurt to include model name you prefer as well, however, they are well liked and there aren’t many often available, especially considering you started looking in the spring. Some of the oldies still like to post on Craigslist & sell themselves. Good luck!
@@Timtimzi go to porsche website. they have a pre-owned locator.
Just bought a 981 GT4 for the same reason.
Yes been waiting impatiently for this. Weeeeee
Great video, I bought a 981 GTS with a manual gearbox 2 weeks before the gts 4.0 was announced. Iam from Belgium and the new GTS is 10k more expensive as the 981 used to be and the taxes in Belgium are also 10k more expensive on the new 4.0 gts in Belgium. Not a lot of 4.0 GTS will be sold as I think that the few people who want to pay the extra tax also want to pay 5k more and get the GT4. BTW where the 981 GT4 was almost impossible to get, the 718 GT4 is almost impossible to sell for the Porsche dealerships, one of the biggest Porsche dealerships in Belgium (Porsche Centre Knokke) has 3 GT4's in stock. So I think it is really hard to predict what the price is going to do, but honestly if I knew what I know now I would probably have waited for 1 more year before buying my first Porsche as I think that we are heading towards an economical recession and that will affect the prices of all cars...
I have indeed also seen a lot of GT4s in stock. I think they lost some of the magic after the first one, especially since there is a RS version on it's way.
Your data driven analysis is awesome to watch. I've got 2 requests:
A boxster vs Cayman comparison (yes, I can watch your videos on each and draw my own conclusions but still....)
A Macan model comparison video. My GF likes the Macan and I'm trying to figure out which is the one that will cost me the least in depreciation so I can prepare for my GTS 4.0 purchase...
Thanks a lot. Good suggestions, I like the cayman vs boxster comparison.
+1 on Cayman vs. boxster
The options are also a big factor in depreciation. I wasn’t willing to buy an 981 S without PASM or X73, PSE, SC, PTV and Manual trans. It was hard to find, and had to pay a bit more, but was worth it.
I found that options are a big factor in the first 2-3 years. After that, the premium fades away really fast and, compared to model year and mileage, they have no predictive power for the price of the car. That ofcourse doesn't mean that a full spec car has the same price as a low spec car. The difference however decreases rapidly when the car ages.
One of my favorite new automotive YT channels
That's great to hear!
Fourwheel Trader - Car depreciation analysis I think the Lotus Evora as well as the Elise and Exige depreciation are amongst the most unique at least here in the United States.
Great. It would be interesting to see 987 r vs 981 gts vs 718 gts 2.5l and 718 gts 4 l
X5M vs Cayenne Turbo S vs Range Rover Sport SVR please. Loving the Vids.
I would love to see this updated a year later
I'm working on it :)
I predict that 718 prices be even lower than 981
I didn't check this lately for the US market, but in Germany you can already see this.
Now it happens
Well fast forward to 2024 and the depreciation crystal ball is a bit foggy.
Here in Canada a base 2017+ Caymans are going for an average of 70k plus tax. 2018 CGTS are high 90’s + tax. The flat 6 gts used is over 100k + tax. I don’t see that much in depreciation with these cars and especially now that Caymans are going electric.
I picked up a used Porsche CPO 18’ CGTS for 120k cad tax in plus extra warranties added. Car had 23k kilometres on it.
Here you can find the latest numbers for the caymans: ua-cam.com/video/raOUDzF2ny0/v-deo.htmlsi=-2OCFBBKdUBpjsHG
New subscriber, excellent vid! Depreciation is a very important side of a buying a car, as someone who works in finance and is getting a 981 soon this is very important to me haha! I'd suggest perhaps comparing the different regions? Aka I imagine German Market is different to others, good job!
True, there can be big differences between markets. Thanks for the sub.
Please do the 991.1 turbo and turbo s since the new one is around the corner
The new 718 GTS 4.0 still cannot match the 981 For engine sound, because of the new EU PPF exhaust restrictions, in fact it sounds pretty poor for a F6 engine...
Have you driven one? They sound superb. A bit muted (can be fixed with an exhaust) but revs to 7,800 with a lot more torque and high end excitement that the 981.
Great video, can't wait for the next Cayman series. How about the new Supra, specifically the Launch Editions now Toyota has announced they will be releasing new "special edition" models every year and with the significant bump in power for the 2021 model?
Still excited for next Cayman (all-electric) series? 😬
Love your videos. Thanks so much for making them. Favor, please? Can you do one for the 911 Turbo S? Thanks in advance and more power to you! 😊🙏
Thanks. The turbo (s) is requested a lot so im sure it will feature on the channel :)
9:57: Agreed! Interesting, I hope the 981 GTS really does drop some as a result of the 781 GTS 4.0. We'll see! Hopefully its not too much longer that I'll follow the market and instead get my butt in a nice car driver seat
Quite many developments going on in the car markets right now. Let's see what the future brings.
It’s interesting that people supposedly prefer the slow 981 to the much faster, much more capable 718. The old 6 cylinder is so slow to accelerate. I own a 718 GTS but drove a 981 and it sounded good but not much different than a 718 GTS, it was however, much less performant...er, it was slow!
718 4.3 - 5.1 secs. 981 5.1- 5.8 seconds
Are you waiting for the internet to justify your purchase?
@@jklok Nah man, my purchase is justified, the car is great. Old Porsche's are cool but newer is always better. Plus I live at altitude and the 981's are pigs to drive up there!
@@tommy516 that’s good you love your car because at the end of the day that’s all that matters. However, calling something “better” is subjective. Fast vs slow is subjective. To each their own.
Love your videos good sir. May I kindly request an analysis of GT4 981 vs GT4 781 please? Will higher spec make a difference on this type of car over time? Thanks!
Good suggestion.
I agree. That is what drove me to this video.
So I need to add the cost of depreciation per year to the depreciation per 1000 miles per year - so for a base model $4902 + $3110 for 10,000 miles driven = $8012 per year? The thing is when I look at prices compared to how they were a year or even a few years ago they have barely changed at all in the UK market. They are more expensive if anything.
When you add the depreciation per year to the depreciation per 1000 miles you overestimate the value change due to the correlation between mileage and model year. Also, used car prices increased a lot this year due to an increase in demand and decrease in supply; i have some videos on this. There is also have a more recent video on the 981 and 718 market: ua-cam.com/video/8QDFPew_Xms/v-deo.html
@@fourwheeltrader True - what would be the best way to work out expected depreciation when taking into account years owned and mileage driven then?
Not a day goes by that I regret my manual 981 S. Ask the new GT4 about emissions control and sound :D
Winners and losers in any game. I happily picked up a 2017 718S at an excellent price :-)
Great video! Is your analysis based on the European or US market?
This one is based on the US market
Bought a used 2018 718 s for 55k US in late 2020, I am starting to see prices well above 60k for similar miles/options... The GT4 would be a better investment but I love this car and it seems to be holding or even going up at this point. Perhaps the Gt4 exclusivity and price are driving others towards the 718/981s? It did for me, once I saw the cost/performance of the 718 S, GTS and added comfort I was excited to go that direction, still not sure I'd love the GT4 but it would likely go up.
55k is a steal, what was the mileage and option?
Do s2000
Why hate on the 2.5T? It outperforms.
That sound tho.
That is the reason I got the 2015 Cayman S. It sounds like a Porsche vs a Subaru
I tried to like it but the sound in the cabin was so loud and ratlty ...not good compared to my 987.2
I didn't buy a porsche to sound like my suburu. The 2.5 maybe slightly faster but they stripped away its soul
So where does the Boxster factor into this analysis? Do you combine the Cayman and Boxster into the same group or are there variances between the convertible and the hardtop?
This is video only covers the caymans.
Hmmmm are you saying the base model and s model 981 cars are just following base line long term cayman depreciation curve and only the gts 981 will be effected by the new 4.0 litre 718. I think all 918s will drop when this new 4.0 litre comes out.
Yes, i think that the s and base will follow the long term path depreciation line and end up im the area of the 987. They might not end up even end up slightly higher. The reason that i think this is that the premium for the base and s compared to the full market depreciation curve is small. Also, the new 4.0 gts is priced way above the current base and s models, so in my mind it doesn't directly affect the demand for the s and base. All of this is ofcourse speculation :)
I have a question, where do you get your "new car price" sticker price or whatever, I find that tricky to do. Furthermore there are examples of cars I know (like Nissan GTR) that changed their sticker price throughout the years and went from 70k car to a 100+ k car. Thank you :)
All of the prices are advertised prices. That means that they can change of course throughout the year and that the actual selling price might be different.
Is it strange that I can't find a 981 used at all? Am I searching up something wrong?
There are quite many for sale indeed. Perhaps something with the search criteria?
You're going to revisit the c6 c7 c8 right?
That's right. About a year after original video, then it is easy to see if the cars followed the depreciation path or deviated from that due to the c8 introduction.
@@fourwheeltrader a whole year? Not now?
@@jason200912 The c8 is not widely available yet so i think it is better to evaluate at a later point.
@@fourwheeltrader do it multiple times a year lol. They can even be low researched vids for the sake of updating and seeing how the trend forecast is going.
you should do the mx5 nd
I posted a video about the mx5 three weeks ago. Check it out.
Looking at buying a Cayman 718 gts - can anyone advise when might be the best time to purchase within the next 12 months? I'm expecting it to drop a lot of value in the next few months due to covid
There will be a video about this in two weeks.
Fantastic, I’m in the UK
@@thomasedward3077 oh dear I hope you pulled the trigger 🤣
@@danhall5761 hahaha, ofcourse i didn't :( wahhhh!
3:47 What he's saying doesn't tie to the legend at the right of the graph. I think he flipped the Base and the S.
What do you mean?
Fourwheel Trader - Car depreciation analysis You said that the Base version depreciates at $4,675 per year. The numbers and plots are in orange, which per the legend to the right, orange is the Cayman S. The Base is blue.
You are right indeed. They are switched around. Good spot.
*Which car would you like to see analysed next?*
Exige s3
911 turbo, Honda s2000
Ferrari California
Can you do Audi S5: B8, B8.5, B9?
I think this needs an update!
the 987.2 if far more expansive and rare than 987.1 Cost difference is like 20k , ouch.
Looks awful though
Macan?
4C on the score board?
Well spotted, it is not there. I wil make an update video of the 4c and then add it to the board.
This analysis is totally obsolete to today's market. Sorry.
Four cylinder versus V6, no comparison
V8 on the other hand , is a different level all together.
Bye bye four cyl.
omg another Porsche video.
Just change the name of the channel to Porsche Depreciation analysis.
Something with demand and supply :). They get requested the most and also tend to get the most views. Having said that, there are no porsches coming in the next 2/3 weeks. Which cars would you like to see analysed?
Nissan GTR, please.
There is already an older video of the gtr on the channel, check it out ;)
wow, just go and spend 2 min on autotrader. 718 4 pots are cheap as chips.
Prices indeed dropped to 981 levels.
I ended up buying a 981 GTS because of your videos! thank you so much!
instagram.com/rxshc/
Wow, we're really digging the bottom of the barrel for topics of conversation.............now we're comparing "depreciation performance" in sports cars? What a joke. My avatar has a $127K Corvette Z06/07 and a $196K NSX in it.......over $300K worth of sports cars. Do you think I give/gave a s@#t about depreciation when I bought them? Are you kidding? Maybe people who concern themselves with this issue should stick to riding a 10 speed bicycle instead.....I don't have the Vette anymore. Traded it in on a RAM 3500 Dually so we can get a 30ft+ boat.....I got to drive the car for a few years, had some fun...depreciation is the cost of fun...........stick to a 10 speed if you aren't willing to pay for it.
Good for you :)
This is the most ridiculous comment I've ever read.
Yo Douglas, some people who would like to have a sports car for a few years need to be mindful of depreciation. People who have $$$ coming out their ears, seemingly like yourself, don't have to worry about it. It looks like this was a chance for you to flex your muscles. Good for you! The smart people can have some fun, and maybe even MAKE some money! Fourwheel Trader took the time to make this video to help us all with the intent to educate us.