Discounts on Cayman 981

[tyrrell]

So Phil have you done a deal yet?

[Kazandy37]

Interesting re Sheffield. I saw that one too and had a November build for a BGTS. Had a change of heart a week ago - good to see they have sold it already. Amazing the demand for them. Enjoy

[blueg33]

On Friday I was offered £397 off a Cayman GTS factory order.....

[philnotts]

tyrrell said:

So Phil have you done a deal yet?

Maybe with one OPC. I am trying to weigh up whether to go 1/2 year old at about 38/40k or try for a big discount and go new build :/

Phil

[tyrrell]

Cool let us know how it goes

[tyrrell]

Cool let us know how it goes

[FarzyB]

blueg33 said:

On Friday I was offered £397 off a Cayman GTS factory order.....

Sadly, this doesn't surprise me - I looked at ordering new last year, but gave up when I saw the rubbish discounts being offered. A consolation may be that buying on finance will be cheaper than buying a used version of the same car, if you don't take the car at the end... They have every angle covered!

[philnotts]

So its come down to the following -

2.7 at around 45k

3.4 S at around 50k

GTS at around 58k

Prices on the used market for a 2014 plate Caymans seem very strong so its hard to work out which one to really go for and which one loose money the slowest!!


Phil

[bcr5784]

philnotts said:

So its come down to the following -

2.7 at around 45k

3.4 S at around 50k

GTS at around 58k

Prices on the used market for a 2014 plate Caymans seem very strong so its hard to work out which one to really go for and which one loose money the slowest!!


Phil

I'll assume we are talking similar specs here - are we even talking new?
If the 3.4 S has all the bits that you want then it looks a good deal. The general feeling is that the GTS is going to hold its value significantly better than the 3.4S - and your figures seem to bear that out. It seems that that the 3.4S has "already" depreciated more than the GTS. The 2.7 looks relatively expensive because it's not really competing for GTS buyers - whereas the 3.4 S is.

It's not valid if the 3.4S is cheaper, in part, because it doesn't have some of the things that the GTS has (PSE, PSM/SS Chronosport, big wheels in particular) which might not be fussed about - but future buyers might be.

Just my two penn'orth though.

Edited by bcr5784 on Wednesday 3rd June 12:15

Edited by bcr5784 on Wednesday 3rd June 12:38

[blueg33]

I test drove a used GTS with 4k miles on the clock and a few bits and bobs like pdk and satnav - price >£60k

[tyrrell]

philnotts said:

So its come down to the following -

2.7 at around 45k

3.4 S at around 50k

GTS at around 58k

Prices on the used market for a 2014 plate Caymans seem very strong so its hard to work out which one to really go for and which one loose money the slowest!!


Phil

Hi Phil,

I got figures from Lombard Asset Finance earlier in the year on a Cayman GTS My spec was £65K

Figures looked like this

New Car £65000 - £12000 deposit £53,000 to finance over 36 months £836.34pm or 48 months £677.74pm with a balloon payment of £29705 at the end of the agreement, this figure was the same at the end of Month 48 if you wanted to keep the monthly's down, but would leave you in the st at the end so to speak ie negative equity, however if you new you had monies coming in further down the line you can pay off the outstanding finance as and when with no penalty. The APR quoted at the time was 5.9% however I think they have since sharpened their pencils and you could get them down to 5.4% APR hope this helps in deciding what to go for or not as the case me be.

[PorscheGT4]

£72k ouch, only one winner when you buy PCP and it's not the customer.

£7k interest on a item which will loose 50% of its value in 3 years, crazy.

Or £1,170 a month to rent it if you hand it back.

How do people afford to own cars this way ?

Edited by PorscheGT4 on Wednesday 3rd June 16:10

[tyrrell]

People do all kinds of crazy things with there money, it's what makes the world go around. Can make sense if you are a sole trader ie NOT a ltd company as you would get hammered on the BIK Tax.

[bcr5784]

PorscheGT4 said:

£72k ouch, only one winner when you buy PCP and it's not the customer.

£7k interest on a item which will loose 50% of its value in 3 years, crazy.

Or £1,170 a month to rent it if you hand it back.

How do people afford to own cars this way ?

Edited by PorscheGT4 on Wednesday 3rd June 16:10

Accepting that buying new cars is a mug's game (speaking as a sometime mug), with interest rates at the current levels you only have to be a slightly bigger mug to do it on finance. And if you have investments which make more than 5.4% you can actually make money if you take finance rather than cash in your investments. The stock market has been very kind for a couple of years - and looks set fair for a while to come. You are likely to get better discounts from you OPC too. Of course that is a risky approach and not for everyone.

[philnotts]

Even the 2nd hand market seems very strong, so are you really saving there for 1 / 2 year old car :/

[cardigankid]

Yes, and if you get a new one you get it exactly as you want, fully warranted for 3 years, untouched by human hand, particularly if you pick it up in Stuttgart.

[Mario149]

cardigankid said:

Yes, and if you get a new one you get it exactly as you want, fully warranted for 3 years, untouched by human hand, particularly if you pick it up in Stuttgart.

Collecting my baby from Stuttgart on Monday all being well

[tyrrell]

So anybody bought a new or nearly new Boxster/Cayman and achieved some kind of deal from their OPC ?

[Mario149]

tyrrell said:

So anybody bought a new or nearly new Boxster/Cayman and achieved some kind of deal from their OPC ?

I got £1K off my BGTS order, but that was 6 months ago and it was fairly high spec (think I had it to £67K with no PCCBs before discount)

Edited by Mario149 on Sunday 12th July 18:58

[Zeddsded]

I sense that the demise of the 6 cylinder Boxster has put the ball even more firmly in their court. My OPC had one slot for a BGTS in 2015. I got a token gesture of £500 off (I wasn't interested in finance, which could have given me more of an opportunity) but had to grab the slot or risk ending up with a Turbo 4...