Porsche Cayman S: running costs
Discussion
After deliberating for what sees years, I have decided to take the jump and get a Porsche cayman s 2007/08 plate (got tired of waiting for new model & not really sure if it would affect used car prices).
I plan to keep the car for at least two years so would like to know what the running costs would be for each year (other half still needs to be persuaded).
Insurance ~ approx £1000 - £1500 per year
Road tax ~ £450 per year
Service costs ???
Tyres ????
Breaks ???
What else am I missing?
I intend to buy from OPC so will have the 2 year warranty covered in the cost of purchase, I am interested in all costs other than initial outlay and obviously petrol.
I plan to keep the car for at least two years so would like to know what the running costs would be for each year (other half still needs to be persuaded).
Insurance ~ approx £1000 - £1500 per year
Road tax ~ £450 per year
Service costs ???
Tyres ????
Breaks ???
What else am I missing?
I intend to buy from OPC so will have the 2 year warranty covered in the cost of purchase, I am interested in all costs other than initial outlay and obviously petrol.
Tyres = £1100 (rears Per 12k miles, fronts 14k ish?)
Detail = £400 (1 per year)
Rimmed wheels = £100 (2 per year)
Paint chips and touch ups = £150
Cleaning products and sundries = £100
MOT = £150
Can't comment on brakes and pads.
I was really unlucky in my first year and had someone smash my front end up and drive off. Cost me my excess and no claims. I would brace yourself or go for protected no claims.
If you have a tracker, factor in the yearly sub.
I would still go for an 09 plate if, you can stretch to it.
Detail = £400 (1 per year)
Rimmed wheels = £100 (2 per year)
Paint chips and touch ups = £150
Cleaning products and sundries = £100
MOT = £150
Can't comment on brakes and pads.
I was really unlucky in my first year and had someone smash my front end up and drive off. Cost me my excess and no claims. I would brace yourself or go for protected no claims.
If you have a tracker, factor in the yearly sub.
I would still go for an 09 plate if, you can stretch to it.
Thanks for the feedback, 2 questions though:
1. Why 2009?
2. Whats 'detail' costs?
About the front end... Sorry to hear about that. I think that's my biggest worry about getting a performance marque as I think I may constantly worry each time I park up when out for a meal or shopping at the local tescos
1. Why 2009?
2. Whats 'detail' costs?
About the front end... Sorry to hear about that. I think that's my biggest worry about getting a performance marque as I think I may constantly worry each time I park up when out for a meal or shopping at the local tescos
2009 will get you a 2nd gen Cayman with a ripping dfi 3.4 litre engine that wails like a banshee. Worth the extra cash imo.
Detail means a posh wash, rub down and polish by a professional to bring it back to showroom condition.
I get sensitive about parking my car anywhere, but your 2nd hand Cayman isn't going to be the most expensive car on the street, nor is it very big or striking. It's unlikely to be targeted but that won't make it immune. Car onwership means living with those little knocks it's sad to say.
Detail means a posh wash, rub down and polish by a professional to bring it back to showroom condition.
I get sensitive about parking my car anywhere, but your 2nd hand Cayman isn't going to be the most expensive car on the street, nor is it very big or striking. It's unlikely to be targeted but that won't make it immune. Car onwership means living with those little knocks it's sad to say.
I asked the same question before I got my 2006 Cayman S about 2 years ago.
I guess I've been lucky nothing has gone wrong with mine, so here's how it stacks up over a 2 year period...
£1200 Insurance
£1200 Service
£500 Road Tax
£1000 Tires
£80 MOTs
£350 Tracker (including installation and lifetime subs)
£6000 Depreciation Est.
£1500 Fuel (approx 4,000mls a year)
£10,830 Total
p.s. Nothing wrong with a Gen 1 Cayman S engine, it howls like a good 'un too. Driven a few Gen II's they rev a bit easier, which is nice, but don't sound a lot better unless they have the sports exhaust, and then its more noticable outside than in!
Wish I'd bought the GT3 instead to be honest, depreciation would have been about the same or less! Total cost probably not far off the same, perhaps another couple of grand.
P.S Keep an eye on Autocar, they're running a Gen II Cayman as part of fleet, they'll give you an idea of running costs too.
I guess I've been lucky nothing has gone wrong with mine, so here's how it stacks up over a 2 year period...
£1200 Insurance
£1200 Service
£500 Road Tax
£1000 Tires
£80 MOTs
£350 Tracker (including installation and lifetime subs)
£6000 Depreciation Est.
£1500 Fuel (approx 4,000mls a year)
£10,830 Total
p.s. Nothing wrong with a Gen 1 Cayman S engine, it howls like a good 'un too. Driven a few Gen II's they rev a bit easier, which is nice, but don't sound a lot better unless they have the sports exhaust, and then its more noticable outside than in!
Wish I'd bought the GT3 instead to be honest, depreciation would have been about the same or less! Total cost probably not far off the same, perhaps another couple of grand.
P.S Keep an eye on Autocar, they're running a Gen II Cayman as part of fleet, they'll give you an idea of running costs too.
Edited by March2008 on Monday 4th July 22:04
You should try a gen 2 car to see if the improvements are worthwhile to you, they were to many of us. The newer engines and upgraded interior sealed the deal for me. There is a definate visual edge that the Gen 2 car's also posses.
The Cayman Gen 1 Sport editions are rarer than GT3's and have held their money well, if you are worried about depreciation, have a look at one of those.
My car was not vandalised as such, CCTV showed it was a complete accident (lorry overspill) but there you go, still £1500 down the swan-e. 99% of people are positive about these car's and i would consider vandalism a rare occurrence. Most people take more care around my car and show more respect, not less.
The sports exhaust should be standard fitment to any car you consider - imo.
You can get away with one detail every 18 months rather than 12 but, you can't really avoid getting a pro to do it unless, you are one already!
Carl_Docklands said:
You can get away with one detail every 18 months rather than 12 but, you can't really avoid getting a pro to do it unless, you are one already!
??????!Other running costs to factor in:
£12.50 24 months of magic trees
£14.24 a few tins of those nice sweets in icing sugar
£19.99 for a nice tartan travel rug (should be factory fit them)
£11.20 for developing photos of your shiny new motor
£49.05 on various Porsche mags before you realise they all write the same crap
£7.58 on extra Internet posts defending why you bought a Porsche with it's engine in the middle
£758 on extra Internet posts on defending why you bought a Porsche that's cooled by water
agreed about the cayman S sports mind, holding very good money & they do look mega in green
Now 18 months in to my ownership experience and currently sitting at an OPC having the 4yr 40,000 major service done on an Oct 07 Cayman S so seemed a timely question to consider.
My car is used as a daily driver and I live in the sticks so a mixture of motorway cruising and cross country enthusiasm. IMHO it covers all bases really well
I would agree with estimated costs as posted and am replying on the basis you will have the servicing done at an OPC due to the warranty you have mentioned.
Rear tyres - c.£600 a pair about every 12,000 depending on driving style and usage (up and down motorways or track days?)
Front tyres - c.£500 a pair. Still on the ones it came on after I would guess 13,000 miles and plenty of life left.
Front discs and pads - Had them done at about 30,000 miles - Was quoted about £800 IIRC to give you an idea but that was discounted as done at the same time as 111 pt check and warranty renewal.
Rear discs and pads - quoted a range of £640 - £773 as a starting point from different OPCs. Getting these done at the major service so again agreed a discount for all the work being done at the same time.
You mentioned 2007/2008 cars. If you can get a car that's just had the 4 year service this is irrelevant, if not, very relevant as will need doing soon.
All prices I was quoted to be "discussed" with your OPC:
Major service £610
Brake fluid £150
Spark plugs £150 - £184
Drive belt check £0 - £58 (the more honest OPC said this is done as part of the service anyway so no charge, 2 others wanted to charge me)
Tyre sealant replace £0 - £46
If you keep over 2 years, warranty renewal is about £800 for a year . Porsche Assist is extra.
Other costs I haven't had but may be needed and not covered by warranty - clutch?
All I would add is do your research on desirable options and drive cars with and without to see if they are important to you - there are as many opinions as options on this site which is both helpful and confusing at the same time.
Apart from exterior and interior colours, key options as I see them to decide on (in no particular order) are:
seats, sports chrono, PASM, PSE, xenons, 18"/19" wheels, climate, cruise, PCM.
All I would say is, the more choosy you are the longer you may have to wait or compromise on certain options. I compromised on climate and cruise and haven't massively regretted either although would still put both on the ideal shopping list.
Enjoy the search and more importantly enjoy the driving.
My car is used as a daily driver and I live in the sticks so a mixture of motorway cruising and cross country enthusiasm. IMHO it covers all bases really well
I would agree with estimated costs as posted and am replying on the basis you will have the servicing done at an OPC due to the warranty you have mentioned.
Rear tyres - c.£600 a pair about every 12,000 depending on driving style and usage (up and down motorways or track days?)
Front tyres - c.£500 a pair. Still on the ones it came on after I would guess 13,000 miles and plenty of life left.
Front discs and pads - Had them done at about 30,000 miles - Was quoted about £800 IIRC to give you an idea but that was discounted as done at the same time as 111 pt check and warranty renewal.
Rear discs and pads - quoted a range of £640 - £773 as a starting point from different OPCs. Getting these done at the major service so again agreed a discount for all the work being done at the same time.
You mentioned 2007/2008 cars. If you can get a car that's just had the 4 year service this is irrelevant, if not, very relevant as will need doing soon.
All prices I was quoted to be "discussed" with your OPC:
Major service £610
Brake fluid £150
Spark plugs £150 - £184
Drive belt check £0 - £58 (the more honest OPC said this is done as part of the service anyway so no charge, 2 others wanted to charge me)
Tyre sealant replace £0 - £46
If you keep over 2 years, warranty renewal is about £800 for a year . Porsche Assist is extra.
Other costs I haven't had but may be needed and not covered by warranty - clutch?
All I would add is do your research on desirable options and drive cars with and without to see if they are important to you - there are as many opinions as options on this site which is both helpful and confusing at the same time.
Apart from exterior and interior colours, key options as I see them to decide on (in no particular order) are:
seats, sports chrono, PASM, PSE, xenons, 18"/19" wheels, climate, cruise, PCM.
All I would say is, the more choosy you are the longer you may have to wait or compromise on certain options. I compromised on climate and cruise and haven't massively regretted either although would still put both on the ideal shopping list.
Enjoy the search and more importantly enjoy the driving.
ChipsAndCheese said:
You can see what mine has cost me in the 'My Garage' bit of my profile. I've had a few bits of servicing and maintenance done so should give you a decent idea of costs.
Just skimmed over that and have to agree with absolutely everything you have written. Good info for a prospective owner.Would be interested in a few details of what the servicing / maintenance costs are if you wouldn't mind.
Deanos CaymanS said:
Would be interested in a few details of what the servicing / maintenance costs are if you wouldn't mind.
I have written up most of it - should be under the 'Blog' tab at the top of the summary page -http://pistonheads.com/members/showServiceHistory....
Anything you want to know about the costs, ask away.
Sitting at the OPC waiting for my car to be serviced having a break from work for lunch has started me down the upgrade route. So I had a look at what OPCs are retailing used Cayman S for to give me a starting point for trade in (allowing for a healthy margin obviously).
Given the OP's potential search for a car, this struck me as a reasonable value car considering its mileage and options and 2yr warranty or am I just out of touch with values?
Good value OPC car with reasonable options?
Given the OP's potential search for a car, this struck me as a reasonable value car considering its mileage and options and 2yr warranty or am I just out of touch with values?
Good value OPC car with reasonable options?
cragswinter said:
??????!
Other running costs to factor in:
£12.50 24 months of magic trees
£14.24 a few tins of those nice sweets in icing sugar
£19.99 for a nice tartan travel rug (should be factory fit them)
£11.20 for developing photos of your shiny new motor
£49.05 on various Porsche mags before you realise they all write the same crap
£7.58 on extra Internet posts defending why you bought a Porsche with it's engine in the middle
£758 on extra Internet posts on defending why you bought a Porsche that's cooled by water
agreed about the cayman S sports mind, holding very good money & they do look mega in green
Brilliant!Other running costs to factor in:
£12.50 24 months of magic trees
£14.24 a few tins of those nice sweets in icing sugar
£19.99 for a nice tartan travel rug (should be factory fit them)
£11.20 for developing photos of your shiny new motor
£49.05 on various Porsche mags before you realise they all write the same crap
£7.58 on extra Internet posts defending why you bought a Porsche with it's engine in the middle
£758 on extra Internet posts on defending why you bought a Porsche that's cooled by water
agreed about the cayman S sports mind, holding very good money & they do look mega in green
how much it is going to cost to run depends on what year you buy,how many miles it has on the clock etc.so lets take out the fixed costs(insurance,tax and petrol).i bought my car a gen1(2009/58) new although heavily discounted i have still lost in depreciation.has to the running costs it has only cost me £600 in a service in 2.5 years.
has someone said earlier it makes sense to buy a car that has had its 4 year service done which means a 2007 plate (but if buying from a opc and it is a sept 2007/57 plate the service will be done which would make the car a 2008 model year)so no service costs for 2 years.what you then have to factor in is mileage a 30k mile car is going to need brakes at some time which will cost £1k front and rear,may be a clutch,tyres and so on.
some one suggested an early gen2 car imho thats a no no better off with a late model year(2011+) gen 2,when i purchased my car the gen2 was out but i decided to avoid for a couple of model years so any gremlins were removed(if you look on planet9 website someone with a 2009 gen2 2.9 had engine meltdown at 6k miles turns out there were 3 piston upgrades since release)yes if you want to track your car a gen2 is a better option it has better oiling but if you dont the gen1 is fine.
you dont have to buy from an opc to get a porsche warranty if buying privately get the owner to extend it,easy if the car is nearly at the end of term.
has someone said earlier it makes sense to buy a car that has had its 4 year service done which means a 2007 plate (but if buying from a opc and it is a sept 2007/57 plate the service will be done which would make the car a 2008 model year)so no service costs for 2 years.what you then have to factor in is mileage a 30k mile car is going to need brakes at some time which will cost £1k front and rear,may be a clutch,tyres and so on.
some one suggested an early gen2 car imho thats a no no better off with a late model year(2011+) gen 2,when i purchased my car the gen2 was out but i decided to avoid for a couple of model years so any gremlins were removed(if you look on planet9 website someone with a 2009 gen2 2.9 had engine meltdown at 6k miles turns out there were 3 piston upgrades since release)yes if you want to track your car a gen2 is a better option it has better oiling but if you dont the gen1 is fine.
you dont have to buy from an opc to get a porsche warranty if buying privately get the owner to extend it,easy if the car is nearly at the end of term.
Carl_Docklands said:
The Cayman Gen 1 Sport editions are rarer than GT3's and have held their money well, if you are worried about depreciation, have a look at one of those.
Interesting observation, I'm half thinking about selling mine (09 Cayman S Sport in white)which is fully specc'd (trying to remember which options it doesn't have) and has 34k miles (sadly 99% is motorway miles apart from 1 epic trip up the West Coast of Scotland Applecross etc). Though I have no idea what price I should realistically put it up for? Sorry for the sidetracking of the thread OP, my experience has been;
Road Tax 445
Service 480
Tyres (Goodyear Eagle F1's - rears lasted 27k miles as almost all motorway)
12 month OPC warranty 831
Insurance 1500 (900 first year, 600 2nd)
2 x Detail 400
Sideways Rich said:
Carl_Docklands said:
The Cayman Gen 1 Sport editions are rarer than GT3's and have held their money well, if you are worried about depreciation, have a look at one of those.
Interesting observation, I'm half thinking about selling mine (09 Cayman S Sport in white)which is fully specc'd (trying to remember which options it doesn't have) and has 34k miles (sadly 99% is motorway miles apart from 1 epic trip up the West Coast of Scotland Applecross etc). Though I have no idea what price I should realistically put it up for? Sorry for the sidetracking of the thread OP, my experience has been;
Road Tax 445
Service 480
Tyres (Goodyear Eagle F1's - rears lasted 27k miles as almost all motorway)
12 month OPC warranty 831
Insurance 1500 (900 first year, 600 2nd)
2 x Detail 400
996GT2 said:
If it's of any use mine is a 58 reg, 13,000 miles, in orange with bucket seats, PCM and most other options. I've been told today that it's retail value is 35-36, trade value 31-32. I'd say knock off around 3-4k for the extra mileage?
Thanks, that's useful as a benchmark. Would I be better off doing SOR (less hassle than private sale) with an independent, what percentage/fee does the dealer look for?
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