So I've recently had a chance to drive both generations of GT4's and I figured I'd put my thoughts down.
These cars are very similar, you have to be a real Porsche nut to point out any exterior/interior differences. Here are the big ones...
718 has better aero, like 50% less lift.
718 has a more powerful, 4.0 liter motor, 415hp vs the 385hp on the 981 3.8.
718 has a better radio with Apple CarPlay.
718 can come with either a PDK/auto or a 6MT.
Ok, so how do they drive? Instantly, the biggest difference you feel is that the clutch pedal effort in the 981 is FAR higher than in the 718. Don't know what Porsche did in the 718, but the clutch is much lighter/easier to deal with in traffic. I did feel like the friction point in the 981 was more granular and easier to modulate, though. Next big observation, the 3.8 motor in the 981 sounds SO much better than the 718. Porsche had to put in particulate filters on the 718 to pass Euro emissions, and just left them on the US cars. Most people are deleting them since we don't need them for emissions, the cost for that is $1200-2400+labor. At that point, apparently the 4liter sounds good again.
Sadly, this wasn't a completely apples-to-apples comparison; the 981 had catted headers, a plenum, throttle body, and a tune. So it was likely making more power than the stock 718. I felt that the 3.8 was a snappier motor; its throttle response and ability to rev off a small blip was extraordinary. The 4 liter didn't feel that lively, and I also couldn't feel the extra power up high that people say it has vs the 3.8. Likely because of the mods the 3.8 had. Power on both was good; it was linear and pulled cleanly from off idle to 8000 rpm. You can feel the motor come on cam around 5000rpm, and it's happiest in that last 3000 rpm.
Gearing is L O N G. Every review I read/watched commented on this, and they're correct. Second gear takes you to 84mph, which is absurd. When you have a motor that spins to 8000rpm, you don't need such long gearing. It's a shame because the shift action in the car is sublime, and the motor (at least the 3.8) makes such amazing sounds that you want to play with it. Yes, you can get the transmission regeared. Guards/Sharkwerks makes a 2,3,4,5 gear set that can get swapped in, but that's probably $8-15k depending on whether you upgrade the diff, replace the clutch, etc, etc at the same time.
The balance of the car is amazing. It's got mechanical grip for days, steering feel is wonderful, and you can place the car anywhere you want. The car is very light on its feet and a willing partner. This feels like a car that you're immediately comfortable in and will do quick laps easily. The suspension is extremely compliant, the car doesn't get upset by mid-corner bumps and soaks up the crappy Colorado roads without beating you up. I was very impressed by this; the suspension truly felt like you could drive the car daily and not get your butt kicked. Suspension between the two generations is the same. Both are running GT3 in the front and quasi GT3 in the rear.
The 981 had the bucket seats, the 718 had the 18-way "sofas". I LOVED the bucket seats, but getting in/out of them was challenging, particularly if the car was parked on an incline. Once in them, though, they're very comfortable with the exception of them being too upright. Several companies make kits to lean them back some. The 18 ways were supremely comfortable and held me in place shockingly well. For a street-driven car, or one that's mostly street-driven, they're likely the way to go.
Ergonomics are excellent, it's very easy to heel/toe, and there's plenty of leg/head room. There's a surprising amount of cargo capacity between the frunk and the trunk. Not really that much room in the cabin for things, the cupholders are laughable as is the Porsche norm.
There's an enormous delta in cost between a 981 GT4 and a 718 GT4, $30-40k. After driving both of them, I just don't think that the 718 is enough better to warrant the cost difference. Particularly if you find/buy a 981 with the basic bolt-ons done. I think the 718's held value well because Porsche announced they were going electric on the next Cayman. Now that Porsche's walked that back, the 718 may depreciate some, especially if Porsche releases another GT4 with the 4-liter engine as is.
Values on the 981's seem steady, $90-100k will buy you one that you want, with pricing dependent on mileage, color, seat, and brake choice. Even if you don't want the bucket seats, that's the option most sought after and carries the most resale.
I was very taken by the car; it seems to do everything well and is an extremely cohesive package. I wouldn't kick it out of my garage at all.


