981 Price Discussion
#16
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Recent financial reports in the UK confirm that EV vehicle sales fell by twenty-five per cent in 2023 compared to 2022. Fleet/company purchases are not being renewed (yet) and private buyers appear to be falling away
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CaymanCarver (03-18-2024)
#17
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People are saying manual is so rare and is more valuable. When you go to bringatrailer more than half of the boxsters are manual. I also had a manual boxster several years ago (2017). It was a 2014 manual boxster with X73 with 47k miles on it. I bought it CPO from a Porsche dealership. It was in pristine condition. The dealership had priced it for 42k. Nobody would buy the car. I ended up getting it for 33k because they wanted to get rid of it. Later on as I wanted to sell it, it was a PIA to find a buyer because everybody wanted a PDK. So those who think the manual is sort of gold version of the 981, look closer into the market.
#18
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That’ll be because you’re in the US where autos are the norm on everything. Most everywhere else a manual (especially on a performance car) is where it’s at. The PDK was a novelty when first made available on P cars but soon lost its shine (even though it’s a fabulous semi-auto box). Here in the UK a manual tends to carry a premium. I believe the same applies throughout Europe
#19
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..and another couple things about EV's (apologies in advance for the swerve on the subject of market price but it is directly applicable.).
- Recently, the auto lease mgmt. companies were threatening to sue the manufacturers for the dramatic decrease in EV car valuations. Not sure ..but it sounds like the manufacturers countered with rebates to lease holders in the thou$and$.
- Our 981 Caymans are not connected to the interwebz/internet (are the 718's? not sure..). Therefore as recently reported, no 981 driver behavior can be sold to the insurance companies, ..which in turn could directly affect your insurance rates.
Which appears to be DEFAULT in every EV car. (see LexisNexis driver reports etc.)
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Last edited by CaymanCarver; 03-17-2024 at 11:18 AM.
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#20
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It’s worse than that. With legislation on ICE production having been moved forward five years (and likely to be moved further forward in the future), EV sales will surely continue to stall. This is catastrophic for car manufacturers due to investment already committed to electric. The real shame here is that there was never any need to rush to EV. Bio fuel was always the best medium-term solution to vehicle-generated greenhouse gas. There’s absolutely nothing wrong with the combustion engine…just the fossil based fuel that powers it
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CaymanCarver (03-18-2024)
#21
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People are saying manual is so rare and is more valuable. When you go to bringatrailer more than half of the boxsters are manual. I also had a manual boxster several years ago (2017). It was a 2014 manual boxster with X73 with 47k miles on it. I bought it CPO from a Porsche dealership. It was in pristine condition. The dealership had priced it for 42k. Nobody would buy the car. I ended up getting it for 33k because they wanted to get rid of it. Later on as I wanted to sell it, it was a PIA to find a buyer because everybody wanted a PDK. So those who think the manual is sort of gold version of the 981, look closer into the market.
#22
Racer
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I would not use bring a trailer as the norm for prices. Those are typically very clean low mile cars. Prices are also higher there than I other sites. 81k is pretty high cost. 1.5 years ago I passed on two CGTS that were 67k and 73k.
I think prices will level off. Mine is a base 14 cayman with PDK, so I will just drive the snot out of it and not have a concern in the world for resale.
I think prices will level off. Mine is a base 14 cayman with PDK, so I will just drive the snot out of it and not have a concern in the world for resale.
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brake_late (03-22-2024)
#23
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Crazy talk!
Sales of electric cars are in the toilet.
Ford, GM, Volvo, Mercedes, VW are acknowledging losses in the BILLION$ and are significantly curtailing production numbers. Fisker is about to go bankrupt. Rivian, Lucid, Polestar etc.. all bad news. Huge losses.
Not many more people are going to buy a car that can spontaneously combust ..that cannot be driven on long trips ..takes hours to charge up under normal conditions and won't charge at all when freezing.
EVs have lost the propaganda war and their luster. My sympathies to everyone that bought an EV early-on, considering their value has been slashed by about 50%.
See the story of the Ford F-150 Lightning and what happened with the Tesla Cyber Truck?? Nobody cares.
Wait for it.. the tax payer funded subsidies are drying up and EV road taxes are about to be levied because the added weight has accelerated road damage (more bigger pot holes).
The current state of the electric grid is woefully inadequate for the EV's sold today and there is no info. on upgrading the grid to accommodate increased EV capacity.
Edit (3-17-2024): News this morning the CEO of Hertz resigned after big EV bet goes bust. Massive investment in EV fleet prior to devaluation of EV's.
Not to mention the added weight makes them ridiculous on a road course. They certainly can go fast in a straight line but not in the twisties where they chew up tires, brakes and suspension bits.
Hybrids and Hypercars are where its at! Trying to watch a Formula-E race is weird.. they can only manage a lap or two..
WEC ditched Formula-E altogether.
Sales of electric cars are in the toilet.
Ford, GM, Volvo, Mercedes, VW are acknowledging losses in the BILLION$ and are significantly curtailing production numbers. Fisker is about to go bankrupt. Rivian, Lucid, Polestar etc.. all bad news. Huge losses.
Not many more people are going to buy a car that can spontaneously combust ..that cannot be driven on long trips ..takes hours to charge up under normal conditions and won't charge at all when freezing.
EVs have lost the propaganda war and their luster. My sympathies to everyone that bought an EV early-on, considering their value has been slashed by about 50%.
See the story of the Ford F-150 Lightning and what happened with the Tesla Cyber Truck?? Nobody cares.
Wait for it.. the tax payer funded subsidies are drying up and EV road taxes are about to be levied because the added weight has accelerated road damage (more bigger pot holes).
The current state of the electric grid is woefully inadequate for the EV's sold today and there is no info. on upgrading the grid to accommodate increased EV capacity.
Edit (3-17-2024): News this morning the CEO of Hertz resigned after big EV bet goes bust. Massive investment in EV fleet prior to devaluation of EV's.
Not to mention the added weight makes them ridiculous on a road course. They certainly can go fast in a straight line but not in the twisties where they chew up tires, brakes and suspension bits.
Hybrids and Hypercars are where its at! Trying to watch a Formula-E race is weird.. they can only manage a lap or two..
WEC ditched Formula-E altogether.
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#24
Racer
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All Motorsports will be worse for the people watching as they go to EV. Sure they can make some fake noise but anyone who has been to F1 or NASCAR knows the sound is something. Think about an air show with planes that make no sound. Not as much fun. Now for the drivers it’s still fun, but for me no sound, no fun.
Personally, I think someone will make an EV that mimics shifting and the accompanying sound for enthusiasts.
Personally, I think someone will make an EV that mimics shifting and the accompanying sound for enthusiasts.
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CaymanCarver (03-22-2024)