Cayman S 987.2 residuals...
Discussion
So after picking up my 987.2 2011 cayman S last week, I noticed in the old paperwork that the previous owner paid £33500 for my car in 2015 from Porsche OPC. Having a look on their website, my car with similar miles and year is......£33k! I’ve seen private examples for around £28k with similar spec/miles/year. This would indicate that the car hasn’t depreciated much over the last 3 years. Is this normal on a cayman s? I thought it was mostly 911’s that held/appreciated in value. Does anyone have an informed opinion on the matter? My car will probably do 5k miles a year, will it continue to hold its value well do you think? I’m pretty confident it has a super spec and full Porsche history. What a nice feeling to own a car, use it and not lose tons...ask me why I’m asking! (Off to mentally count how much I’ve wasted on cars over the years....)
I’m asking because I’ve just spent probably the most on any car in one go I’ve ever spent and I am trying to gauge if the type of car I’ve bought will drop £££ like a lead balloon like every other car I’ve owned or to my surprise will it hold its money well. I’m enjoying the car immensely so far and will continue to do so...
Porsche911R said:
Why you asking ?
Try and get a trade bid, the markets flat on its arse.
If you are not selling don't worry about it.
Agreed. Asking prices same as ever, possibly firming up a touch. But trade bids pretty low. Try and get a trade bid, the markets flat on its arse.
If you are not selling don't worry about it.
I think a nice 987 Cayman is a great way to spend £30k though. To me, a well cared for Porsche will always be worth more than various other options in the £20-30k bracket so ought to stay relatively strong.
Freedomfighter said:
I’m asking because I’ve just spent probably the most on any car in one go I’ve ever spent and I am trying to gauge if the type of car I’ve bought will drop £££ like a lead balloon like every other car I’ve owned or to my surprise will it hold its money well. I’m enjoying the car immensely so far and will continue to do so...
Then you should have asked before buying, it's too late now to worry about it, enjoy the car it's one of their best.md4776 said:
A useless post from me I admit, but I'm not sure. Old 986 boxsters have dropped away to sub 5k. The 981s you'd think will do go being the last of the 6cylinders, the 987.2 I'm not so sure. I've a 987.1 Cayman (2.7) , I don't worry too much about it but I expect it will drop down quite dramatically from the high teens I paid for it at the time. I'm planning on keeping mine for a period where it probably won't matter though
I’m same, gen 2 2.9. I just presume it will follow just above the early Boxster and drop from the 21k I paid for it to something like 12/13k in another 3 years, poss 7/8 grand at the year 5 point of ownership which’ll be when it’s 13 years old. I’m not bothered though and I stick 10k miles per annum on it anyway. By the year 5 point it’ll have 110k. Good times.I'd love to actually be able to personally put incredible mileage on my car. But with my work and life rota it's just not possible.
Don't worry about the miles, just enjoy the car. After all you bought it to enjoy it and not to worry about the values.
As they say. Worrying about mileage and values is like not shagging your Mrs, to keep her fresh for her next boyfriend :P
Don't worry about the miles, just enjoy the car. After all you bought it to enjoy it and not to worry about the values.
As they say. Worrying about mileage and values is like not shagging your Mrs, to keep her fresh for her next boyfriend :P
Porsche911R said:
Then you should have asked before buying, it's too late now to worry about it, enjoy the car it's one of their best.
I’m not worried mate, that’s why I bought it. Just after opinions really. Who knows what lies ahead. It’s like Rolex watches. I’ve bought and enjoyed many over the years and believe it or not as I’ve bought them at the right price, 3/4/5 years down the line I’ve always sold for more or at least what I paid. I heard some 911’s are like this. My original point was, if I could enjoy this car without taking a huge bath as per all my other cars it would have been a bonus. In the meantime I’m going to enjoy every second of ownership...Buggyjam said:
I’m same, gen 2 2.9. I just presume it will follow just above the early Boxster and drop from the 21k I paid for it to something like 12/13k in another 3 years, poss 7/8 grand at the year 5 point of ownership which’ll be when it’s 13 years old. I’m not bothered though and I stick 10k miles per annum on it anyway. By the year 5 point it’ll have 110k. Good times.
I don't really get that. "Early" Boxsters equate to IMS, bore scoring, potentially brittle interiors, and there's a heck of a lot of them about. (Before I get leapt on I know how great they are, but there's a reason for that price and that depreciation). 987.2 is (obviously) a generation apart; it's a different car and carries none of those issues.Yes, I'm bias
but similarly I am also doing 12k per annum so am not really fussed. I think the OP will be pleasantly surprised however. DavidJJ said:
I don't really get that. "Early" Boxsters equate to IMS, bore scoring, potentially brittle interiors, and there's a heck of a lot of them about. (Before I get leapt on I know how great they are, but there's a reason for that price and that depreciation). 987.2 is (obviously) a generation apart; it's a different car and carries none of those issues.
Yes, I'm bias but similarly I am also doing 12k per annum so am not really fussed. I think the OP will be pleasantly surprised however.
Ah, yes. You’re mistaking my meaning a little. You’re looking at what could likely happen. I’m managing expectations. My own expectations Yes, I'm bias
but similarly I am also doing 12k per annum so am not really fussed. I think the OP will be pleasantly surprised however. 
I know all what you say of course and started down that avenue myself when I bought it. Mines a base 2.9 not an S. I found myself subconsciously thinking “if I could just keep it to xyz miles a year”. Then I thought “stuff that!”. I told myself to plan on a probable artificial worse case just above Boxster and anything else is a bonus
.Mine will also be a high miler 987.2 by time I sell it, if I sell it, (well high miler in Porsche buyer terms) which makes value harder to predict. I really couldn’t careless now. I drive it dawn to dusk when I can! Love it, it’s like a pet dog. Bit more expensive though.
A point of truth, technically gen2s aren’t immune to scoring. For different reasons due to clearances and prob not common (guessing here). Check out the hartech thread.
Edited by Buggyjam on Tuesday 3rd July 21:34
Buggyjam said:
Ah, yes. You’re mistaking my meaning a little. You’re looking at what could likely happen. I’m managing expectations. My own expectations
I know all what you say of course and started down that avenue myself when I bought it. Mines a base 2.9 not an S. I found myself subconsciously thinking “if I could just keep it to xyz miles a year”. Then I thought “stuff that!”. I told myself to plan on a probable artificial worse case just above Boxster and anything else is a bonus.
Mine will also be a high miler 987.2 by time I sell it, if I sell it, (well high miler in Porsche buyer terms) which makes value harder to predict. I really couldn’t careless now. I drive it dawn to dusk when I can! Love it, it’s like a pet dog. Bit more expensive though.
A point of truth, technically gen2s aren’t immune to scoring. For different reasons due to clearances and prob not common (guessing here). Check out the hartech thread.
Got it - fair play. I know all what you say of course and started down that avenue myself when I bought it. Mines a base 2.9 not an S. I found myself subconsciously thinking “if I could just keep it to xyz miles a year”. Then I thought “stuff that!”. I told myself to plan on a probable artificial worse case just above Boxster and anything else is a bonus
.Mine will also be a high miler 987.2 by time I sell it, if I sell it, (well high miler in Porsche buyer terms) which makes value harder to predict. I really couldn’t careless now. I drive it dawn to dusk when I can! Love it, it’s like a pet dog. Bit more expensive though.
A point of truth, technically gen2s aren’t immune to scoring. For different reasons due to clearances and prob not common (guessing here). Check out the hartech thread.
Yep, seen Baz mention gen2 scoring a couple of times now, worried me sick when I had my 996.2 so adopting a new approach of sticking my head in the sand and like you just enjoying the thing but point taken DavidJJ said:
Got it - fair play. Yep, seen Baz mention gen2 scoring a couple of times now, worried me sick when I had my 996.2 so adopting a new approach of sticking my head in the sand and like you just enjoying the thing but point taken
We sound like minds alike. Nice there’s plenty on here who advocate driving the wheels off them rather than the normal about “high milers” being over 60k Yep, seen Baz mention gen2 scoring a couple of times now, worried me sick when I had my 996.2 so adopting a new approach of sticking my head in the sand and like you just enjoying the thing but point taken .For anyone that’s interested, my car went in for a full service, brake fluid, drive belt, filter and pdk fluid today at an OPC. They flagged up new front and rear discs and pads and a damper plate. Let’s just say it was a bit of an eye opener and once I recovered from my heart attack I managed to get the bill substantially reduced by playing the OPC off against another. Anyhow, they also gave me a price to buy the car off of me should I wish to sell and it was £500 more than what I paid for it. Cars back home now and waiting for Sunday in anticipation of a good day out to open her up and get the new oil flowing...
sorry but to my mind that is 10x worse than thinking about depreciation, it's an easy job that is a max 40 mins labour each side, front brembo discs from design911 are about £80 per side and decent pads less than £100 for the front... Assume you are keeping up your warranty hence using OPC ?
Edited by Rocket. on Wednesday 4th July 22:04
Klippie said:
Ah so now you have first hand experience of Porsche added tax...think of a number then double it, the only downside to owning a Porsche is the OPC prices.
Does my head in paying £120 for oil and the same costs less than £60 from Costco.
Then why not buy your oil from Costco and tell your OPC it's in the boot when you take it in? They're not going to refuse the work even without the profit on the oil.Does my head in paying £120 for oil and the same costs less than £60 from Costco.
I know people that do this....
Klippie said:
Ah so now you have first hand experience of Porsche added tax...think of a number then double it, the only downside to owning a Porsche is the OPC prices.
Does my head in paying £120 for oil and the same costs less than £60 from Costco.
You do know you can buy the oil yourself and provide it?Does my head in paying £120 for oil and the same costs less than £60 from Costco.
Freedomfighter said:
Try £1k for front discs and pads....and then another £1k for the rear. That’s just for starters. Oh well, she drives and sounds like a dream now. I can see this being a slippery slope!
That's crazy!Edited by Freedomfighter on Wednesday 4th July 21:12
Did you not consider doing it yourself? Or getting the parts yourself and getting a local mechanic to do it?
It's such an easy job anyone who can pick up a spanner can do it.
I did mine recently and it cost me £600 all in for all brand new OEM parts.
Gassing Station | Boxster/Cayman | Top of Page | What's New | My Stuff