What's the current 987 market like?
What's the current 987 market like?
Author
Discussion

jsl20

Original Poster:

28 posts

176 months

Tuesday 22nd November 2016
quotequote all
My mileage has just jumped up a bit so I'm looking at selling up. It'll be a say day when the Cayman goes but it might be time for something a little more economical. I've had a quick look on Autotrader, the prices seemed to have calmed down since last year but aren't too bad.

Has anyone sold/bought a 987 Gen 1 Cayman anytime recently? If so, have you found the car difficult to sell? Timewasters aside, I'm interested in whether Caymans are now proving difficult to sell privately despite the "its a lot of car for you money" thought.

Thanks!


g7jhp

7,022 posts

259 months

Tuesday 22nd November 2016
quotequote all
It's almost December, hold on to it until the Spring.

dreamcar

1,067 posts

132 months

Wednesday 23rd November 2016
quotequote all
Between now and March is probably the worst time of the year to sell, if you can I'd hang on until early spring.

jsl20

Original Poster:

28 posts

176 months

Wednesday 23rd November 2016
quotequote all
Current mileage is 76k, its MY2007. Its the right colour with the right options and a full OPC history which is on my side.

I could wait for spring, at which point it might have to close 80k on. Or I could trade it in and take a financial hit, but not be left with an ageing sports car that won't sell easily.

I bought it during a November so there are definitely some silly people out there that buy Porsches in the winter.


Gerber1

138 posts

113 months

Wednesday 23rd November 2016
quotequote all
I sold my 987 this month, one of the first thing private buyers asked was "is it a gen 1 or gen 2" despite the car being advertised clearly.

I do not believe there is a correct time to buy/sell a car, if its not winter then its summer holidays...and its not as if dealers shut up shop for 6 months of the year.

I'm shopping for my next Porsche right now...

Shaoxter

4,483 posts

145 months

Wednesday 23rd November 2016
quotequote all
jsl20 said:
Current mileage is 76k, its MY2007. Its the right colour with the right options and a full OPC history which is on my side.

I could wait for spring, at which point it might have to close 80k on. Or I could trade it in and take a financial hit, but not be left with an ageing sports car that won't sell easily.
4k is not exactly a huge mileage jump, hold onto it and keep driving it until the spring. And then keep driving it some more! The bid/offer spread you're incurring is going to wipe out any fuel savings unless you're doing 20k miles a year or something.

gerlewis

115 posts

250 months

Wednesday 23rd November 2016
quotequote all
I paid £12,500 for a 2006 Cayman S with 97k on the clock, 4 months ago.

The clinchers for me were: colour, delivery to my house, new discs pads tyres, recent major service.

Hopefully this gives you a bit of a guide to real world selling prices.

Good luck with the sale.

jsl20

Original Poster:

28 posts

176 months

Wednesday 23rd November 2016
quotequote all
Thanks, looks like I'll hold off for a bit. It'll need new rear discs and pads for the April MOT so at least would give prospective buyers some added confidence. A good replacement cropped up on AT this month which made me start thinking about selling the Cayman a bit earlier than originally planned.


ooid

5,883 posts

121 months

Wednesday 23rd November 2016
quotequote all
gerlewis said:
I paid £12,500 for a 2006 Cayman S with 97k on the clock, 4 months ago..
Looks like you got a pretty cool bargain there! I know a few poor souls currently oblige to buy one of those 5k worth hermes bags to their misus hehe


gerlewis

115 posts

250 months

Thursday 24th November 2016
quotequote all
ooid said:
Looks like you got a pretty cool bargain there! I know a few poor souls currently oblige to buy one of those 5k worth hermes bags to their misus hehe
Here is a thread showing mine. Last week I did need to get it towed to have new shifter cables fitted (£450), so I am at £13k now.

It's great fun - and leaves me with money in the bank biggrin

fridaypassion

10,967 posts

249 months

Thursday 24th November 2016
quotequote all
Just be realistic with pricing it will sell. Gen 1s are a bit hard work but at the right price someone will jump on it.

jakesmith

9,489 posts

192 months

Thursday 24th November 2016
quotequote all
my mate just put his 3.4 2007 65k boxster up for 12k on trader, black but no spec apart from 19's and heated seats. didn't get a bite. traded it for 11k for a Insignia vxr but that's another story!

ooid

5,883 posts

121 months

Thursday 24th November 2016
quotequote all
jakesmith said:
traded it for 11k for a Insignia vxr but that's another story!
That's criminal. bandit

jakesmith

9,489 posts

192 months

Saturday 26th November 2016
quotequote all
ooid said:
That's criminal. bandit
He loves it, bluetooth, lower miles, 13 plate vs. 57 on the 987S. Actually makes me quite angry thinking about it. I refused to go and look at it when he first came over & shouted to my wife that her taxi had arrived! Apparently the dials glow red if you press the VXR button, and it does 35mpg whatever that means. In fact he bought the 987S 18 months ago for £16k, immediately spent about £3k on clutch, flywheel, brakes & tyres all round, then traded it for £11k against a £17k Insignia. Grrrr.

jakesmith

9,489 posts

192 months

Tuesday 29th November 2016
quotequote all
brickwall said:
That seems quite a good deal!
He somehow managed to get the previous owner to contribute half for the clutch & flywheel though, after the fact too, as it needed doing about a week after he bought it. He didn't realise it needed doing when he bought it as he didn't test it in any way. Drove it straight to my house where I pointed it out to him. Asked if he'd felt it slipping at all & he said he'd thought it was wheel spin. Mental.

Klippie

3,608 posts

166 months

Tuesday 29th November 2016
quotequote all
Screams of textbook Insignia driver to me...scary.

ooid

5,883 posts

121 months

Tuesday 29th November 2016
quotequote all
Klippie said:
Screams of textbook Insignia driver to me...scary.
This is slowly becoming like an urban legend. Never trust a guy who eats M&Ms one at a time, or trade his Cayman to Insignia hehe

griffter

4,143 posts

276 months

Wednesday 30th November 2016
quotequote all
I have a sort of reserved respect for the VXR. I wouldn't buy one, but I kind of admire anyone that does.

Does he appreciate its technical merits though?

jakesmith

9,489 posts

192 months

Wednesday 30th November 2016
quotequote all
griffter said:
I have a sort of reserved respect for the VXR. I wouldn't buy one, but I kind of admire anyone that does.

Does he appreciate its technical merits though?
It's the insignia VXR with a 2.8 twin turbo, not the Monaro with the supercharged 6 litre V8

He is one of my best mates but, as is so often the case, deeply flawed.
He rarely drove the Boxster S over 5000 RPM so didn't think it was that fast
He never bothered heel-toeing or rev matching so missed out on another satisfying element of the manual Porsches
He didn't do one iota of research on the cars and bought a boggo spec one and immediately bhed about the poor tech on board
He complained that it wasn't loud enough compared to my 997 PSE despit me telling him many times that £700 on the Carnewal mod would improve it hugely
He didn't like the fact that the car was 9 years old or had 60,000 miles on it, despite me reminding him that with new tires, geo, brakes all round, clutch and flywheel that he did in the year of ownership, that it would probably only need 2 standard services for the next 4 years at a cost of £250-£400 a time

So he changed for an Insignia VXR as he could get a 13 plate one with 27,000 miles on. He says it's stupidly fast but the 0-60 time is slower than the 987S he replaced, in gear the 2.8 V6 would probably have more grunt but then if he became a more skilled driver on gear changes & used the available power band I wouldn't think it would be faster even on straights let alone show it a bend.

The car would be of most interest to someone working in the plastics industry, due to the construction of the interior. This is a car that costs under £30k new & looks it. It is the perfect motorway patrol car, fast acceleration, cheap.

His main appreciation of it is that it gets 35MPG, (which would save a driver doing 10k a year about £500 a year on fuel), and the vxr button that makes the dash glow red, which I pointed out my wife's Evoque has too. FInally, he is considering a remap which would apparantly take it from 320BHP to 340BHP, well worth it. Basically he doesn't know a lot about cars.