Well, it's like stocks. You only lose if you sell!?
True....with the amount of depreciation with the 718, it looks like I’ll be keeping it for the duration.
Back in May I started looking into selling my GTS and getting something else. I paid 95k for my highly optioned example. Vroom offered 68k for the car with 2000 miles on the clock. Couple of dealers offered even less on trade value.
After this thread, I ran it through KBB instant cash offer and they offer 59k. One of the buying dealers contacted me this morning and I entertained the salesman for a bit in discussion and he said they’d be willing to go up to 60k if it was a trade in.
I owned a Dodge Challenger Scat Pac for two years. Paid 39k for the car, two years of ownership and over 3000 miles on it and got $34,500 in an outright sale to KBB. A Dodge, mind you and only $4500 in real depreciation in two years.
I really had hoped the Cayman would hold value better than it has. With the recent release of the new GT4 and speculation about Porsche maybe rereleasing a six in the Cayman, it makes me wonder what will happen to 718 value going forward.