2007 Porsche Cayman 2.7 Prices

2007 Porsche Cayman 2.7 Prices

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gtwilliams

Original Poster:

393 posts

218 months

Saturday 16th May 2015
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Hi, I'm looking to buy a 2007 Porsche Cayman 2.7 and I was wondering what I should realistically be expecting to pay for an example with about 50,000 miles on the clock?

I'm keen to buy from an established dealer as this comes with added peace of mind even if this does lead to a more expensive car overall.

I've seen several Cayman's with very few options that are retailing at about £17,000 from dealers. Is this about right? Prices definitely seem to have increased over the past year or so (I've been looking for a long time)!

I've been through many car valuation sites but the results are all over the place. Many suggest £14k as a reasonable price, but I've certainly not seen any trade Cayman's at that! But then, isn't £17,500 expensive? Or is that just the way the market's going?

Also, there's the reliability issues some Cayman's are blighted with. Namely the IMS problem which possible exists more with the bigger 3.4 engine.

Anyway, any advice would be great. I just want to know what I should realistically expect to pay for one of these beauties!

juansolo

3,012 posts

280 months

Saturday 16th May 2015
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Last year there were a couple that popped up around £14-15k. Dealers are asking a little bit more now and they seem to have crept back up to the £17-18k mark. A very low milage one is certainly going to be at the higher end of that now. Private you should be able to bag one for around £15k, would be leggy if it was much less than that. I'm really not complaining. That said, them being worth the best part of fk all these days means a lot of people with them (ie me) CBA to give them away and just keep them. After all, what out there even compares at the £15k price point? You can't even get a decent Elise for that these days!

A lot of 2.7s are pov spec. Don't let that put you off when the standard car drives just fine without squashy leather, an out of date sat nav, and a stereo that boomier the more expensive it gets. Indeed the standard spec is a bit of a peach if you don't ruin it with bling wheels.

...and for what it's worth, don't take the increase in price to mean that they're going to suddenly rocket in value either. All the damage has been done (by Porsche admittedly) with regard to the horror stories around the engines. Which in the case of the car you're looking at, are pretty non-existant.

Edited by juansolo on Saturday 16th May 16:20

gtwilliams

Original Poster:

393 posts

218 months

Saturday 16th May 2015
quotequote all
juansolo said:
Last year there were a couple that popped up around £14-15k. Dealers are asking a little bit more now and they seem to have crept back up to the £17-18k mark. A very low milage one is certainly going to be at the higher end of that now. Private you should be able to bag one for around £15k, would be leggy if it was much less than that. I'm really not complaining. That said, them being worth the best part of fk all these days means a lot of people with them (ie me) CBA to give them away and just keep them. After all, what out there even compares at the £15k price point? You can't even get a decent Elise for that these days!

A lot of 2.7s are pov spec. Don't let that put you off when the standard car drives just fine without squashy leather, an out of date sat nav, and a stereo that boomier the more expensive it gets. Indeed the standard spec is a bit of a peach if you don't ruin it with bling wheels.
Thanks for the reply. I'm not sure what you mean about the private cars being worth f**k all though? Are they not worth much as a private sale even with low mileage?

gtwilliams

Original Poster:

393 posts

218 months

Saturday 16th May 2015
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anonymous said:
[redacted]
I take it you feel Cayman's are better on 17" wheels then?! 18-19" ruin the ride?

gtwilliams

Original Poster:

393 posts

218 months

Saturday 16th May 2015
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anonymous said:
[redacted]
What about 19"s?

Trev450

6,357 posts

174 months

Saturday 16th May 2015
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19's are a no-go without PASM unless you want to make your chiropractor your new best friend. As already mentioned though, you are highly unlikely to find a 2.7 with 19's let alone PASM.

juansolo

3,012 posts

280 months

Saturday 16th May 2015
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gtwilliams said:
Thanks for the reply. I'm not sure what you mean about the private cars being worth f**k all though? Are they not worth much as a private sale even with low mileage?
A low milage, pov spec 2.7 is going to be worth £15k private or trade in. Which in my opinion as a buyer is a bloody bargain. What else can you get for that sort of money that's even close to being as good? But as a seller it smarts because depreciation has hit the Cayman VERY hard and £15k is not a lot of money for a lot of car. Them going up in value at the dealers by £3k isn't much cause for celebration either. Because I can't see it going any further. If they stay there, I suppose it'll be alright. But think how much early Boxsters are now, and I genuinely can't see that happening.

^ Also, what they say about the wheels. I'd have sold mine not long after buying it had I not sold the 18's it came with and stuck some 17's on it.

Edited by juansolo on Saturday 16th May 18:59

gtwilliams

Original Poster:

393 posts

218 months

Saturday 16th May 2015
quotequote all
So. The conclusion I'm drawing from this thread is that £17k is about right in the current market, even if that is expensive?!

jakesmith

9,461 posts

173 months

Saturday 16th May 2015
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Trev450 said:
19's are a no-go without PASM unless you want to make your chiropractor your new best friend. As already mentioned though, you are highly unlikely to find a 2.7 with 19's let alone PASM.
I read this a lot and think it's a load of rubbish that possibly causes lots of people to avoid cars o 19's or seek out the pointless PASM feature. I had a 987 on 19s withou PASM for 4 years and 50,000 and didn't find it a hard ride at all. Although I had come from a 986 M030.

mollytherocker

14,366 posts

211 months

Saturday 16th May 2015
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jakesmith said:
I read this a lot and think it's a load of rubbish that possibly causes lots of people to avoid cars o 19's or seek out the pointless PASM feature. I had a 987 on 19s withou PASM for 4 years and 50,000 and didn't find it a hard ride at all. Although I had come from a 986 M030.
And how was it at the limit of adhesion?

juansolo

3,012 posts

280 months

Sunday 17th May 2015
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anonymous said:
[redacted]
I suppose I'm comparing it to a more comparable car. The Evora for example. When I bought my Cayman 5 years ago for £30k, an Evora of similar vintage was £35k. That same Evora now is £30k vs £15k for the Cayman. In comparison to any Porsche from the 911 family the story is the same (apart from the 996, but values of them are starting to rise too). I sold an Elise to get the Cayman, that has pretty much stayed static at the price I sold it for for an equivalent car.

Lower down the pecking order, just look at how BRZ/GT86s hold their money. They're now worth more than an equivalent Cayman. I've not looked at Z4's but I suspect they're pretty good at holding their value also.

Large luxury cars have always taken a pasting when it comes to depreciation. That's just the nature of them. Sports cars in the class of the Cayman and Boxster tend to get a better run of it, apart from the Cayman and the Boxster, which both are blighted by horror stories (same as the 996) and have paid the price for it.

juansolo

3,012 posts

280 months

Sunday 17th May 2015
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jakesmith said:
Trev450 said:
19's are a no-go without PASM unless you want to make your chiropractor your new best friend. As already mentioned though, you are highly unlikely to find a 2.7 with 19's let alone PASM.
I read this a lot and think it's a load of rubbish that possibly causes lots of people to avoid cars o 19's or seek out the pointless PASM feature. I had a 987 on 19s withou PASM for 4 years and 50,000 and didn't find it a hard ride at all. Although I had come from a 986 M030.
You have essentially grown accustomed to cars with rock hard suspension. I came from cars with much more compliant suspension (Lotus, Subaru, etc) and the Cayman is the hardest riding car I've ever owned. I would have sold it within 6 months had I not swapped the wheels. It also doesn't help that I live up north where the roads are simply not maintained.

Some people can tolerate this. It's perfectly good suspension for use in Germany where their roads are better than most of our tracks. Here, I find it impractical and it doesn't actually work. I took the Cayman and an Evora over the same country roads around Harrogate way and the Evora ate them up. The Cayman couldn't even come close and I had to back off with it in comparison. People think that building a car to feel like a track car is sporty these days, when you actually need to build them to feel like a rally car, with more compliance and longer travel... and no, I really don't think I'm exaggerating.

Trev450

6,357 posts

174 months

Sunday 17th May 2015
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jakesmith said:
Trev450 said:
19's are a no-go without PASM unless you want to make your chiropractor your new best friend. As already mentioned though, you are highly unlikely to find a 2.7 with 19's let alone PASM.
I read this a lot and think it's a load of rubbish that possibly causes lots of people to avoid cars o 19's or seek out the pointless PASM feature. I had a 987 on 19s withou PASM for 4 years and 50,000 and didn't find it a hard ride at all. Although I had come from a 986 M030.
The roads must be better where you live then than they are in S Wales!! I guess if you've not grown up on higher sidewall tyres and more compliant suspension then you wouldn't know any difference. Care to explain why you think PASM is 'pointless'.

jakesmith

9,461 posts

173 months

Monday 18th May 2015
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Trev450 said:
The roads must be better where you live then than they are in S Wales!! I guess if you've not grown up on higher sidewall tyres and more compliant suspension then you wouldn't know any difference. Care to explain why you think PASM is 'pointless'.
It's pointless to me because I didn't mind not having it before, and now I do have it I haven't noticed & never press the button

gtwilliams

Original Poster:

393 posts

218 months

gtwilliams

Original Poster:

393 posts

218 months

Monday 18th May 2015
quotequote all
anonymous said:
[redacted]
Manufacturer approved though? Pretty much the same? Also, I haven't seen many for a lot less and with the same peace of mind. Mind you, this only comes with a 6 month warranty. I'd need at least 1 year...

gtwilliams

Original Poster:

393 posts

218 months

Monday 18th May 2015
quotequote all
anonymous said:
[redacted]
So, I should only ever buy a Porsche directly from Porsche or a Porsche specialist?

Trev450

6,357 posts

174 months

Monday 18th May 2015
quotequote all
jakesmith said:
Trev450 said:
The roads must be better where you live then than they are in S Wales!! I guess if you've not grown up on higher sidewall tyres and more compliant suspension then you wouldn't know any difference. Care to explain why you think PASM is 'pointless'.
It's pointless to me because I didn't mind not having it before, and now I do have it I haven't noticed & never press the button
So it's a personal opinion, not a general one as your post suggested. smile So are you saying you've never tried it?

WallyCarrera

59 posts

171 months

Monday 18th May 2015
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jakesmith said:
It's pointless to me because I didn't mind not having it before, and now I do have it I haven't noticed & never press the button
But PASM is working all the time - there aren't just two settings, normal and sports, it is able to constantly vary the damping characteristics, per corner. The button, when activated, shifts the overall parameters to a harder level of damping, but still with variation. If you're interested then there are some wonderful techie articles describing the operation of the system. It's pretty clever and perhaps because you haven't noticed it, means that it works rather well, managing to provide a comfortable ride when not pushing on and a more taut composure when required.

shoestring7

6,139 posts

248 months

Monday 18th May 2015
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anonymous said:
[redacted]
Try looking for a car with the 'Sports Pack' which gave you PASM and the 6 speed gearbox. The PASM in 'Normal' mode gives a decent ride with with wider 18s. But be aware that the 6 speed 'box means the car just tips into the higher rate VED group for some reason.

SS7