One of the most anticipated Porsches in awhile, the 718 Cayman GT4, is finally starting hit dealer lots. Also it seems like owners already want to get rid of them. Naturally, that leaves us all wondering what will happen to the prices of the 981 GT4s. Some say prices will drop as current GT4 owners dump them for the new one, while others think prices will hold steady given their low production and specialness of them. Personally, I think it will be a combination of the two, with prices softening a tad, but not necessarily the huge drop that potential buyers are looking for. As of today, 981 GT4s seem to be as steady as ever. Yes, the higher mileage ones with modifications and track time have taken a little bit of a hit. But the totally stock ones with low miles are holding very strong. Case in point, this example in Sapphire Blue up for sale in Florida.
CLICK FOR DETAILS: 2016 Porsche Cayman GT4 on eBay
Year: 2016
Model: Cayman GT4
VIN: WP0AC2A82GK197201
Engine: 3.8 liter flat-6
Transmission: 6-speed manual
Mileage: 5,301 mi
Location: Vero Beach, Florida
Price: $89,900 Buy It Now
This 2016 Porsche Cayman GT4 is now available at Rosner Motorsports. The exterior is finished in “Sapphire Blue” Metallic with a contrasting Black Leather/Alcantara interior. Underneath the rear hood is a 3.8 liter H6 engine that produces 385 horsepower and 309 pound-feet of torque paired with a 6-speed manual transmission. This Cayman GT4 is loaded with desirable options including it’s Metallic Paint, Leather Interior with Alcantara, Extended Range Fuel Tank, Wheels Painted in Silver, Two Zone Automatic Climate Control, Bi-Xenon Headlights in Black including Porsche Dynamic Light System, Wind Supports in Black, Backup Camera, and Porsche Communication Management including Navigation Module. This Porsche also comes with both keys, owner’s manuals, original window sticker, an aftermarket Radar Detector system, and a clean Carfax report. MSRP for this Porsche was $91,810.
The two big options, the carbon ceramic brakes and carbon bucket seats, aren’t found on this car which kept its sticker price right at under $92,000. Four years and some 5,300 miles later, we have an asking price of $90,000. Not much of a drop it seems. Honestly, this one is overpriced given it is missing to the two big options and these are selling in the low to mid-$80,000 range regulatory with similar miles. I don’t think we’ve seen any kind of impact from the 718 GT4 as most haven’t taken delivery yet because of delays at the factory, so if you were in the market, I might give it six months. Lets circle back then to see what these are trading for then. I’m awful curious.
– Andrew
I’ve seen these pretty regularly on Manheim. MMR (average wholesale price) has been in the $70’s, which seems like a pretty good deal. For $90k I’d get a real GT3.
at least in the retail and private party sale world, the only 991 GT3 90k will get you is one that has been tracked and/or has 20k+ miles. Of course you could get a 997.1 GT3 (and it has a manual like the GT4) all day long for 90k. Even carmax regularly has low mileage GT4s with PCCBs for 85k.
This dealer is still asking 2019 prices and is going to need to knock off at least $12-15k to move this car, Porsche made lots of them and most have very low miles, and with the low spec it is nothing special. The new GT4 will push down values further as will the new 4.0L GTS. I agree with Ricky, for $90k I’d be looking for a true Motorsports (997) GT3 over a Cayman with a Carrera S engine. The PDK-only 991.1 GT3s have been dropping and will be in the $90k range soon enough.
I’m guessing that 2020 GT4 on BAT is just a seller trying to do a quick flip based on current supply versus demand. Based on the glowing magazine reviews the new GT4 is pretty awesome. The seller’s complaint about them being too quiet can be easily fixed with an aftermarket exhaust.