2020 GT4 - why is the 2016 price so sticky

KnowsamKnowsam Member Posts: 2
edited July 2019 in Porsche
Hi,

Looking at my first porsche and considering a GT4. My work situation makes leasing a good option, so likely to go new, but with the new 2020 coming out I thought it might be a great time to pick up a 2016 GT4 as the value crashes against the new 2020 offering ( understanding that it might have to be financed at that age). What I don't understand is why the prices for the 2016 are staying so high (more than a reasonably optioned out 2020 GT4) - anyone in the industry able to explain the economics of that? Also, and rumours on whether they will start a lease program for the 2020, the MV and RV? I'm in Canada if that makes a difference. Thanks in advance.
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  • kyfdxkyfdx Moderator Posts: 208,792
    Used car values are market driven. Supply and demand.

    I'm sorry, but we wouldn't have any lease info for Canada.

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  • KnowsamKnowsam Member Posts: 2
    Thx kyfdx,

    I guess my question is, why this there continued demand for the 16 at over MSRP of the 2020, is there something I'm missing about the 16 that makes it more desirable than the 2020?
  • kyfdxkyfdx Moderator Posts: 208,792
    Knowsam said:

    Thx kyfdx,

    I guess my question is, why this there continued demand for the 16 at over MSRP of the 2020, is there something I'm missing about the 16 that makes it more desirable than the 2020?

    Sorry, but I don't follow Porsche pricing. Sellers can ask whatever they want.

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