Notices
718 Forum 982 (718) 2016-Current Discussions about 718 Boxster Cayman Variants
Sponsored by:
Sponsored by:

What is going on with the 718 market?

Thread Tools
 
Search this Thread
 
Old 11-08-2019 | 01:43 PM
  #91  
rasetsu's Avatar
rasetsu
Three Wheelin'
 
Joined: Oct 2017
Posts: 1,589
Likes: 916
Default

Originally Posted by fantom
I believe it's PAG, not dealers, who are out of touch with the market in the USA, and probably elsewhere. Many of those highly optioned cars are forced on the dealers by PAG, not spec'ed by the dealers. With cars like the T's, the new GT4 and the Taycan, Porsche may have finally 'jumped the shark'.

A direct factory order concept could be interesting, however.
Good point about PAG. But when I've asked about several over spec'd cars if they were customer back outs, they say it was spec'd by the dealership GM usually. So who knows how much truth that is. The 718 GTS I test drove this summer had a slew of two-toned leather options and carried a MSRP of nearly $110K. It was on the lot for over a year with an oil change by date pop up message already. They were going to take off $18K but I still was not paying over $90K for a year old car with a bunch of stuff I had absolutely no desire for even if it was "free". They told me it was spec'd by their GM.
The following users liked this post:
michael818 (11-09-2019)
Old 11-08-2019 | 03:43 PM
  #92  
alex2364's Avatar
alex2364
Advanced
 
Joined: Feb 2012
Posts: 86
Likes: 51
Default

I don't believe these cars are over specced, my ideal Cayman GTS is around $105k. They're just not specced the way customers like them. If I'm paying $80k+ for a car, I'd want it exactly how I would spec it. Not a compromise of things missing and things I don't want. This is exaggerated by the fact that there are hundreds of different options on a Porsche. I'll never find one exactly match what I want in stock, so I have to order. But allocations haven't been available for 6+ months so people are just on the side lines.
Old 11-08-2019 | 03:52 PM
  #93  
rasetsu's Avatar
rasetsu
Three Wheelin'
 
Joined: Oct 2017
Posts: 1,589
Likes: 916
Default

Originally Posted by alex2364
I don't believe these cars are over specced. They're just not specced the way customers like them. If I'm paying $80k+ for a car, I'd want it exactly how I would spec it. Not a compromise of things missing and things I don't want. This is exaggerated by the fact that there are hundreds of different options on a Porsche. I'll never find one exactly match what I want in stock, so I have to order. But allocations haven't been available for 6+ months so people are just on the side lines.
I consider a base with $4K in wheel options alone as picked by the dealer for an inventory car to be over spec'd. I'm not saying that buyers are over spec'ing.
The following users liked this post:
k.alexander (11-09-2019)
Old 11-08-2019 | 06:49 PM
  #94  
jayely1's Avatar
jayely1
Pro
 
Joined: Aug 2019
Posts: 653
Likes: 197
Default

A 2018 brand new with a MSRP of 105k what would you guys pay?
Old 11-08-2019 | 09:01 PM
  #95  
rasetsu's Avatar
rasetsu
Three Wheelin'
 
Joined: Oct 2017
Posts: 1,589
Likes: 916
Default

Originally Posted by jayely1
A 2018 brand new with a MSRP of 105k what would you guys pay?
Depends on the specs!
Old 11-09-2019 | 12:39 AM
  #96  
pawnstar's Avatar
pawnstar
Intermediate
 
Joined: Sep 2011
Posts: 49
Likes: 10
Default

Originally Posted by Hoodoo
Well put. The local dealers seem to be doubling down on the 'charge more for less' approach to the 718 with predictable results. I love the 718s, but there's no way I'd buy a new BASE 718 when I can pick up a low mile CPO 991.2 for similar money.
Brand New 2019 BASE 718 Cayman with 60k MSRP can be had for around 53-55k. Low mileage clean 991.2 2016 are in low 70s wholesale. Where can I ‘pick up a low mile CPO 991.2 for similar money’?
Old 11-09-2019 | 09:33 AM
  #97  
k.alexander's Avatar
k.alexander
Instructor
 
Joined: Oct 2019
Posts: 134
Likes: 55
From: Philadelphia, PA
Default

Im in the market for my first Porsche. I agree with a lot of the discussion in this thread about over-specking the cars and not being able to find what you want when you’re paying $60-70-80k.

QUESTION: How are you guys tracking how long a car has been on the market?
Also, if I’m looking for a CPO car, are dealer’s sites and NationalPreownedPorsche the best places to look or are there other better places, like cars.com etc?
Old 11-09-2019 | 12:23 PM
  #98  
michael818's Avatar
michael818
Rennlist Member
 
Joined: Feb 2013
Posts: 461
Likes: 288
From: Northern Virginia
Default

Originally Posted by alex2364
I don't believe these cars are over specced, my ideal Cayman GTS is around $105k. They're just not specced the way customers like them. If I'm paying $80k+ for a car, I'd want it exactly how I would spec it. Not a compromise of things missing and things I don't want. This is exaggerated by the fact that there are hundreds of different options on a Porsche. I'll never find one exactly match what I want in stock, so I have to order. But allocations haven't been available for 6+ months so people are just on the side lines.
The cars are overspecced only if they have things you don't want in them. One dealership where I purchased told me that the GM picked the options. The old GM kept the cars on the floor fairly simple, adding only performance options and staying away form the appearance options. The cars were usually in more conservative colors and were oriented to performance. He was fired. The next GM went for the brighter colors with more emphasis on things like leather and 18 way seats. All good if that's what you want.

The only way to get exactly what you want is to place an order. My last CPO 911 had a bunch of things I wouldn't have paid for - crests on seats and console and some other things that just wouldn't have been on my list. However, because it was CPO, they were free to me and didn't particularly bother me since the main things that I wanted were there. But, this was a 911. The Boxster/Cayman market is different. My SA told me that they expected much more bargaining there than from the average 911 buyer. Since, like it or not, the Boxster/Cayman is an entry level car for Porsche, there is a large subset of people who do not want to spend $100K or more on the car. This feeling was made even worse by the change to a 4T, performance be damned.

All buyers are different. Personally, I don't need extra crests or two tone leather but I do like heated and ventilated seats. It's all personal choice. If some, like you, think $105K for the car is a good price then it is a good price for you. For others who want to spend $60K, they probably could care less about leather or 18 way seats.
Old 11-09-2019 | 12:34 PM
  #99  
rasetsu's Avatar
rasetsu
Three Wheelin'
 
Joined: Oct 2017
Posts: 1,589
Likes: 916
Default

Originally Posted by k.alexander

QUESTION: How are you guys tracking how long a car has been on the market?
Also, if I’m looking for a CPO car, are dealer’s sites and NationalPreownedPorsche the best places to look or are there other better places, like cars.com etc?
Best place to look for a CPO car is Porsche's national inventory search tool. Yes there are some CPO cars with partial warranties sold independently or other dealers but they will be on their 2nd owners at least and the buying experience may not be as good. The number of owners matters to me as I want the full CPO warranty and when you buy a CPO from a Porsche dealer, the experience is almost the same as buying new.

I've found that nearly every car available is listed on Autotrader so you may find a year old dealer inventory car that still has it's full factory warranty.
Old 11-10-2019 | 08:41 AM
  #100  
Chester7's Avatar
Chester7
Racer
 
Joined: Jun 2018
Posts: 444
Likes: 166
From: Texas
Default

Originally Posted by k.alexander
Im in the market for my first Porsche. I agree with a lot of the discussion in this thread about over-specking the cars and not being able to find what you want when you’re paying $60-70-80k.

QUESTION: How are you guys tracking how long a car has been on the market?
Also, if I’m looking for a CPO car, are dealer’s sites and NationalPreownedPorsche the best places to look or are there other better places, like cars.com etc?
Cargurus will tell you how long the car has been listed on Car Gurus. Lots of 718's listed
The following users liked this post:
k.alexander (11-10-2019)
Old 11-10-2019 | 11:18 AM
  #101  
MidEngineRules's Avatar
MidEngineRules
Burning Brakes
 
Joined: Jul 2014
Posts: 1,208
Likes: 257
From: Honolulu
Default

Originally Posted by CaymanSinAR
Look on cars.com and you'll notice nearly all of the 59 Ts available are PDK. No one wants a PDK T. Why would they? It takes away the LSD. Might as well buy a regular Carrera. The manual T is the only one to have.
A T is only comparable to base Carrera if spec'd like one. Many who spec'd the T didn't do so as the car was truly intended. It needs at a minimum, no sunroof, RAS, LWBs and yes ideally manual gearbox otherwise what's the point. Gearbox alone isn't a deal breaker. Some may just want it based on where they live or if they want others driving it who don't want to drive a manual car.

Many T's were spec'd inappropriately based on above, which is unfortunate as it'll make finding a used one you want much more difficult. But it's a far better car than a Cayman and worth consideration now that prices are coming down.
Old 11-10-2019 | 06:12 PM
  #102  
Jet Jockey's Avatar
Jet Jockey
Pro
 
Joined: May 2005
Posts: 663
Likes: 269
From: Montreal
Default

Originally Posted by MidEngineRules
A T is only comparable to base Carrera if spec'd like one. Many who spec'd the T didn't do so as the car was truly intended. It needs at a minimum, no sunroof, RAS, LWBs and yes ideally manual gearbox otherwise what's the point. Gearbox alone isn't a deal breaker. Some may just want it based on where they live or if they want others driving it who don't want to drive a manual car.

Many T's were spec'd inappropriately based on above, which is unfortunate as it'll make finding a used one you want much more difficult. But it's a far better car than a Cayman and worth consideration now that prices are coming down.
What?

Having driven manual cars all my life and still driving a manual track car, if I order a “T” it is going to be with a PDK. It is faster around the track than a manual version and the chances of a missed gear shift are gone and no over revolutions of the motor too.

It is my understanding that the “T” comes standard with 20 inch wheels, Sports Chrono and PTV which includes the LSD wether it is the manual of PDK gear box.

Also I have been reading lots of comments on the sound of the flat six vs the flat four turbo and I’m not buying it. Yes they sound different and to each his own but the flat turbo in sport plus mode sound pretty good and it is not as if the flat six in the Cayman and that includes the previous gen GT4 is the end of the world. In fact the GT4’s sound is no where near the music of the high revving GT3/GT3RS’ motors so I can definitely live with the flat four turbos which btw in a GTS form is faster around a track than the previous gen GT4.

Imho, the 718 is an improvement and a better car that handles better and is faster than the previous gen Cayman.

My $0.02.

PS... The 718 market in Canada is doing just fine, not too many left over of the 2019 models. I was looking at getting one but none are speced with options or colours that I want so I am waiting to see when the “T” or the regular 2020 models becomes available to order.
The following users liked this post:
michael818 (11-10-2019)
Old 11-10-2019 | 06:53 PM
  #103  
MidEngineRules's Avatar
MidEngineRules
Burning Brakes
 
Joined: Jul 2014
Posts: 1,208
Likes: 257
From: Honolulu
Default

^^ The Carrera T is the context of this conversation, which is why most you wrote makes no sense. The Carrera T can't be ordered anymore. I contend the Carrera T is a better car than any Cayman (I've owned 3, a '12 Cayman R, '14 Cayman S, and still own a '16 GT4) including my GT4 when spec'd properly.

Do some more research on the 718 market, it's dead everywhere but China.
The following users liked this post:
S S (11-10-2019)
Old 11-10-2019 | 09:07 PM
  #104  
S S's Avatar
S S
Burning Brakes
 
Joined: Jul 2015
Posts: 1,248
Likes: 888
From: Liberty Hill, TX
Default

Weighing in from the cheap, and biased, seats here. Had a '14 981 CS and now a '19 991 CT. Both MT.

I totally agree with the superiority of the 991. But it, of course, should be given how I could spec it and what I paid for it. I absolutely miss the 6 MT, but not the tall gearing. I can choose not to use all the gears, but I can't change the wonky ergos. It's the only complaint. With RAS, and the PTV/mLSD, the T rotates just as well and nimbly as the Cayman ever did and isn't hamstrung from the factory. I loved the mid engine dynamic. I'll take the tech and hardware/software that enable the same dynamic now on the balance. Would I love what I have now in a Cayman? Absolutely, but Porsche would not build it. I don't even really miss the NA that much anymore... But none of this really matters.

In my opinion, the only thing that will save/grow the Cayman and Boxster line at this point is electrification. I think it is a brilliant move, and bravo on Porsche. A great use of this platform, a niche to fill and really exploit, and I hope they sell a ton of them.

Old 11-11-2019 | 12:56 AM
  #105  
k.alexander's Avatar
k.alexander
Instructor
 
Joined: Oct 2019
Posts: 134
Likes: 55
From: Philadelphia, PA
Default

So I’m possibly in the market for a 718 (it would be my first Porsche). Anyways, the sales rep at my local dealer (he used to be the GM for decades before retiring and then coming back to work/sell part time) told me over the weekend, after checking, that 2020 718 base/S/GTS would like become available (allocation) in the Spring. He then emailed me a few hours later to say that they won’t be available until July 2020.

To me that sounds like they will be 2021 cars by then. Sure sounds like no 718 base/S/GTS cars coming to US for 2020 MY. Anyone agree/disagree?

And with that I'm thinking that 2021 will be a 982.2 redesign.

Last edited by k.alexander; 11-11-2019 at 10:47 AM.


Quick Reply: What is going on with the 718 market?



All times are GMT -3. The time now is 09:00 PM.