Should I sell my Cayman S?
Should I sell my Cayman S?
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Discussion

juggsy

Original Poster:

1,500 posts

151 months

Wednesday 3rd August 2016
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I'm debating whether to sell my 987.2 CS, had a baby recently so time is limited these days, and the CS isn't making it out of the garage as much as I hoped/expected. The last couple of months I've been thinking about this, and can't make a decision.

Should I just keep it and endure the fact it's sitting there losing a bit of value, but know I can use it the odd occasion I'm able to? Are 987.2 values relatively stable these days?

Or do I send it to a new home where it will be driven more frequently, but have to go through the potential hassle of selling privately. I've never sold a car of this value before so it's really putting me off. I'm absolutely dreading dealing with a private sale (time wasters, test drives with dodgy drivers, ensuring funds are properly cleared if I sell it etc etc). Are these fears justified? Trade in, WBAC etc are less than I'd be willing to stomach compared to the going rates on auto trader etc. Despite the hassle of a private sale these 'easier' sale routes really dont seem like good value.

Should clarify that I have another car, the CS is more of a 'toy', so I don't need it from a practical/getting around perspective. Been mulling over this for a couple of months now and need to st or get off the pot with the decision, so opinions welcome. Do I need sense talking into me?

diehardbenzfan

2,889 posts

178 months

Thursday 4th August 2016
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diehardbenzfan said:
Well it depends on what you plan to get instead, will you replace it? If you already have another car with enough space for a family, what will you do with the money if you sold the porsche? Chances are that its just going to sit in your bank account like the porsche is sitting in the garage! So the question is, would you rather have 25 grand(not sure what they go for so thats a guess)!or a porsche cayman S?

Hope that helps

griffter

4,143 posts

276 months

Thursday 4th August 2016
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Unless you need to sell it, I'd keep it. You're right, your opportunities to use it will be limited, seldom and will feel very selfish.
But when you do it'll be all the more special. Sleepless nights, stress and worry come with babies (as well as all the good stuff!) and imho it's important to indulge yourself occasionally, and allow your partner to do the same.

DJMC

3,541 posts

124 months

Thursday 4th August 2016
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I tried to sell my '62 TTS on AT last year at £25k. Not a sniff. Buyers at this level want or need finance and don't have the cash. Had to sell to Audi in the end.

My dad's A3 went to JamJar who offered more than Anycar and Audi. They seem best if desperate or don't want the hassle.

15 years ago we had a "spare" car, an E30 325i cab, mint, in Dolphin Grey. After a year and 750 miles we decided it was stupid and sold it.

Unless it is your ultimate dream car, sell it, invest the money wisely and try not to spend it. Then in 25 years time when the baby has flown the nest, buy your dream car and enjoy it every day.

Thorny

1,076 posts

231 months

Thursday 4th August 2016
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griffter said:
Unless you need to sell it, I'd keep it. You're right, your opportunities to use it will be limited, seldom and will feel very selfish.
But when you do it'll be all the more special. Sleepless nights, stress and worry come with babies (as well as all the good stuff!) and imho it's important to indulge yourself occasionally, and allow your partner to do the same.
Good advice

juggsy

Original Poster:

1,500 posts

151 months

Thursday 4th August 2016
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Appreciate all the thoughts and advice

DJMC said:
I tried to sell my '62 TTS on AT last year at £25k. Not a sniff. Buyers at this level want or need finance and don't have the cash. Had to sell to Audi in the end.
Out of curiosity, how much of a hit did you take by selling to Audi vs. the going rate?

DJMC

3,541 posts

124 months

Thursday 4th August 2016
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juggsy said:
Out of curiosity, how much of a hit did you take by selling to Audi vs. the going rate?
It was a fully loaded Black Edition with all the options. Had to fly to Edinburgh to buy it. '62 plate purchased July '14 at £28,700, sold Oct '15 for £20,500.

I'd advertised on AT at £25k due to the spec and it sat well in amongst the few other TTS BE. I did have one guy wanting to buy it for cash at £22k but he worried me as he refused to bank the money and do a BT. Can't get mixed up in money laundering.

Bluedot

3,932 posts

128 months

Thursday 4th August 2016
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juggsy said:
Should clarify that I have another car, the CS is more of a 'toy', so I don't need it from a practical/getting around perspective. Been mulling over this for a couple of months now and need to st or get off the pot with the decision, so opinions welcome. Do I need sense talking into me?
Firstly, congrats on the baby thumbup
As others have said, do you need to sell it ? The car, not the baby.
I'd be more than inclined to keep it, as you say, time is limited with the nipper but this will change once you get into more of a routine. Use it as a bit of a release on a Sunday morning and take it out for a good blast to clear the tubes, it sounds like you have the car as a hobby, just because you have a nipper it doesn't mean the rest of your life should stop.

juggsy

Original Poster:

1,500 posts

151 months

Thursday 4th August 2016
quotequote all
DJMC said:
It was a fully loaded Black Edition with all the options. Had to fly to Edinburgh to buy it. '62 plate purchased July '14 at £28,700, sold Oct '15 for £20,500.

I'd advertised on AT at £25k due to the spec and it sat well in amongst the few other TTS BE. I did have one guy wanting to buy it for cash at £22k but he worried me as he refused to bank the money and do a BT. Can't get mixed up in money laundering.
Can certainly see your rational, that's my fear as well that I get stung somehow, if the transaction smells a bit iffy there's probably good reason why. Cheers for sharing the figures though, seems the PX numbers are about right then.

Bluedot said:
Firstly, congrats on the baby thumbup
As others have said, do you need to sell it ? The car, not the baby.
I'd be more than inclined to keep it, as you say, time is limited with the nipper but this will change once you get into more of a routine. Use it as a bit of a release on a Sunday morning and take it out for a good blast to clear the tubes, it sounds like you have the car as a hobby, just because you have a nipper it doesn't mean the rest of your life should stop.
Many thanks! Certainly a life changer, but agree it would be a shame to give up the hobby. Given today's announcement with the interest rate cuts, can't see how banking the money is going to make a huge amount anyway. I'd rather bank on values holding depending on how well the 4-pot 718 does.

Speaking to my local dealer, apparently you can get an isofix kit for the front seat too, just not sure where to put the missus.... biggrin


Dr S

5,092 posts

247 months

Thursday 4th August 2016
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If you can somehow afford it, keep the car. A guilty pleasure - but a pleasure nonetheless

turboteeth

354 posts

183 months

Friday 5th August 2016
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I have debated selling my gen 1 (which I bought shortly after having our second child!) many times but despite having a Merc E63 daily driver - every time I drive my Cayman I remember why I bought it...i think you should keep it !!!

Congrats on the baby by the way !

DJMC

3,541 posts

124 months

Friday 5th August 2016
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How much is your OH pushing you to sell it?

A good ploy, over time, is to buy your OH a good many Chanel handbags. She will then struggle to justify why you should get rid of something you love, but don't use often, when she has too many bags to use at one time. Plus, Chanel always goes up in value if looked after.

Win win.


juggsy

Original Poster:

1,500 posts

151 months

Saturday 6th August 2016
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turboteeth said:
I have debated selling my gen 1 (which I bought shortly after having our second child!) many times but despite having a Merc E63 daily driver - every time I drive my Cayman I remember why I bought it...i think you should keep it !!!

Congrats on the baby by the way !
Many thanks! smile. I have a capable but far less interesting Golf GTD as the daily, debated a C63 as the daily and Cayman replacement before I decided to keep the Cayman and get a more sensible, practical car for the kid.

Dr S said:
If you can somehow afford it, keep the car. A guilty pleasure - but a pleasure nonetheless
Thankfully it's affordable, insurance/tax/servicing aren't too painful to keep it on the road, guess that's when the internal debate started on whether I should be paying those costs for a car I'm not driving as much. But as you say, a guilty pleasure that makes me smile every time I hop in.

DJMC said:
How much is your OH pushing you to sell it?
Thankfully this is my own problem, I'm lucky to have an OH who is very supportive of my love of cars despite not really understanding it herself, and also doesn't really care for fancy handbags! As long as the bills are paid and the bubba has what he needs she's cool smile

DJMC

3,541 posts

124 months

Saturday 6th August 2016
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griffter

4,143 posts

276 months

Saturday 6th August 2016
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DJMC said:
Bet he hasn't got kids.

Bluedot

3,932 posts

128 months

Saturday 6th August 2016
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griffter said:
Bet he hasn't got kids.
laugh

DJMC

3,541 posts

124 months

Saturday 6th August 2016
quotequote all
griffter said:
Bet he hasn't got kids.
He?

Hugh74

83 posts

185 months

Tuesday 9th August 2016
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I'd vote to keep. I sold my Cayman last year as I needed to 4 seats to take my 2 kids to nursery. Got a sensible family car, 330d of course wink but now trawling through the classifieds looking for my next boxster/cayman/911. I wished I'd just kept it.

n12maser

663 posts

113 months

Tuesday 9th August 2016
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KEEP IT.

I put a deposit down on my first Porsche, a 993, while the mrs was in labour with our daughter - no regrets! She's 18 months old now...my daughter that is smile

Clapped out old BMW 330 is the daily family car, full of mud stains, half-chewed baby food etc.

The 993 gets regularly driven on evenings & weekends mostly me on my own. Occasionally the mrs & daughter come on a ride but realistically 5% of the time.

Perfect, don't fall into the trap of trying to cover both bases with one car e.g. a Maserati GranTurismo - it will get filthy with family/baby stuff and then when you want it for countrylane blasts it will be heavy and compromised.

How old is yours? Remember, if you successfully sleep train them, then you're free in the evenings while they sleep...then it's just down to negotiating when you go out in the Cayman and when the mrs goes out to wherever she wants to go. When the little one's old enough, you get a babysitter and both go out in it - date night. You have the odd weekend road trip away, UK or otherwise, in the Cayman with fellow enthusiasts....she gets spa weekends away on other weekends & you stay look after the baby.

It can work!!

Onetrackmind

817 posts

234 months

Tuesday 9th August 2016
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Could always sell and get a 911 for the rear seats. Bit of a squeeze with a rear facing seat but once your kids is forward facing you're sorted. Or sell and get a more 'special' high-days and holidays type car - one that won't sit there depreciating like a Cayman.2