£45k-£48k - New Base Cayman vs Slightly Used higher spec
£45k-£48k - New Base Cayman vs Slightly Used higher spec
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Discussion

Dreamer12345

Original Poster:

8 posts

64 months

Thursday 19th November 2020
quotequote all
Which would you put your money into?

Teetering between speccing a new base manual Cayman with minimal options (PASM/metallic colour/64 ltr tank and potentially 19" wheels)....

... but tempted by some of the higher spec new-ish Cayman Ts at some OPCs out there currently which are in similar budget such as this specimen:

https://www.jardinemotors.co.uk/porsche/used-cars/...

Thoughts? I guess I wonder for that much money is it better to go for the new car experience (cons are 3 month waiting time and potential for +10% price increase post-Brexit), or go for the better spec here and now?


julian987R

6,840 posts

82 months

Thursday 19th November 2020
quotequote all
Dreamer12345 said:
Which would you put your money into?

Teetering between speccing a new base manual Cayman with minimal options (PASM/metallic colour/64 ltr tank and potentially 19" wheels)....

... but tempted by some of the higher spec new-ish Cayman Ts at some OPCs out there currently which are in similar budget such as this specimen:

https://www.jardinemotors.co.uk/porsche/used-cars/...

Thoughts? I guess I wonder for that much money is it better to go for the new car experience (cons are 3 month waiting time and potential for +10% price increase post-Brexit), or go for the better spec here and now?
Neither. Get the Cayman R for that price and have 5-10K still in your pocket.


esuuv

1,404 posts

228 months

Thursday 19th November 2020
quotequote all
OP asks new car v lightly used - first comment - get a 10 year old car, save 10k - how very pistonheads......

I’d always go used - that T looks good but spec is a very personal thing, one mans perfect is anothers what were you thinking!!

julian987R

6,840 posts

82 months

Thursday 19th November 2020
quotequote all
esuuv said:
OP asks new car v lightly used - first comment - get a 10 year old car, save 10k - how very pistonheads......

I’d always go used - that T looks good but spec is a very personal thing, one mans perfect is anothers what were you thinking!!
What’s got your goat? Why be so antagonistic?

g7jhp

7,026 posts

261 months

Friday 20th November 2020
quotequote all
julian987R said:
esuuv said:
OP asks new car v lightly used - first comment - get a 10 year old car, save 10k - how very pistonheads......

I’d always go used - that T looks good but spec is a very personal thing, one mans perfect is anothers what were you thinking!!
What’s got your goat? Why be so antagonistic?
Agree it a POV and it's Pistonheads.

Why take a base spec new car, which will be nice but drop value when you can have a higher spec used car. Unless you want new and can afford the hit.

On used a Cayman R may be older but it's a great drive, more analogue than current models and will hold it's value being a modern classic.

A T will likely drop more value gradually in the short term.

Up to the OP what they choose.



LPC6

91 posts

65 months

Friday 20th November 2020
quotequote all
esuuv said:
I’d always go used - that T looks good but spec is a very personal thing, one mans perfect is anothers what were you thinking!!
Same here, unless you there's something very particular you want.

anonymous-user

77 months

Friday 20th November 2020
quotequote all
T is a good spec with PASM etc included and with the added benefit of already being on the lot so you could drive it way immediately (give or take some paperwork). A factory order will involve a wait of at least a couple of months if not more and potentially the alleged additional 10% charge.

I know what I'd do, but then I have no patience for waiting.


Over over under steer

787 posts

146 months

Friday 20th November 2020
quotequote all
If I were you I'd get a slightly used T. Don't rush, wait for the right spec for you.


Willwors

77 posts

151 months

Friday 20th November 2020
quotequote all
What do Porsche charge for used car finance? Are the rates on new cars much more competitive than used ones?

May find that the monthlies on the new one are lower (if not a finance purchase, then feel free to ignore!)

Dreamer12345

Original Poster:

8 posts

64 months

Saturday 21st November 2020
quotequote all
Porsche are charging 6.8% which is the best i've ever seen from them.

This is easily beatable from a bunch of places from a pure APR standpoint but some of the salespeople I've talked to are a lot more willing to talk pricing or freebies and do a deal or offer a stronger balloon and lower monthlies compared to financing the car externally.

I'm fast realising that I too am from the more impatient camp and 3 months wait is too long biggrin

churchie2856

489 posts

213 months

Saturday 21st November 2020
quotequote all
OP - I have a 718 2.0 with Silver, PASM, 64 tank, various options, but 18s. 1 year old, 5k miles. Looking to sell for under your budget. PM if interested.

anonymous-user

77 months

Saturday 21st November 2020
quotequote all
IMO the nearly-new cars at OPCs represent pretty poor value for money. You're essentially paying "new" money for a "used" car.

First owner takes a huge thump of depreciation on those expensive options.
OPC makes at least as much profit again selling the same shiny car off the forecourt for the second time.
Second owner ends up with an expensive, used car that drops to normal used value the moment it leaves the dealership.

I don't think it's worth paying the high price unless you're desperate for a new Porsche "right now" or genuinely believe those fitted options are vital within your budget.

Edit: I've just seen Churchie's post above. Smack on target. Buy privately if you can.

Voodoo Blue

1,106 posts

168 months

Saturday 21st November 2020
quotequote all
I bought my base Boxster last December and got a cracking deal as it was one of 3 base cars that were being built and delivered to my local OPC before the end of the year that hadn't been sold and they were a few cars short of hitting their quarterly target. The price I paid was within your budget.

Although things might be a little different this year with Covid and lack of new car availability it might be worth phoning around a few dealers and seeing if they have any new cars due before Christmas that they would be willing to do a deal on.

In my case I didn't have any choice on spec but chose the one that gave me as many of the options I wanted and a year later I'm still really happy with it.

Good luck.

Dreamer12345

Original Poster:

8 posts

64 months

Sunday 22nd November 2020
quotequote all
churchie2856 said:
OP - I have a 718 2.0 with Silver, PASM, 64 tank, various options, but 18s. 1 year old, 5k miles. Looking to sell for under your budget. PM if interested.
Tried to PM you if you haven’t gotten it then PM me back

davidc1

1,623 posts

185 months

Sunday 22nd November 2020
quotequote all
I like the t so that would be my choice nearly new.

davidc1

1,623 posts

185 months

Sunday 22nd November 2020
quotequote all
In fact i would order a new t lightly specced. If funds allow.

churchie2856

489 posts

213 months

Sunday 22nd November 2020
quotequote all
Dreamer12345 said:
churchie2856 said:
OP - I have a 718 2.0 with Silver, PASM, 64 tank, various options, but 18s. 1 year old, 5k miles. Looking to sell for under your budget. PM if interested.
Tried to PM you if you haven’t gotten it then PM me back
I've replied to your email (...@gmail.com) this morning. I can't send you a PM since your profile does not allow it (might need to modify your PH account options/preferences).

PKZ4M

184 posts

171 months

Sunday 22nd November 2020
quotequote all
Despite additional depreciation in most cases, there is something great about spec’ing a brand new car. You also don’t have to go crazy on options. It’s the colour and wheels people see most. Porsche still have some great free of charge colour choices IMHO. It’s all personal choice.


esuuv

1,404 posts

228 months

Sunday 22nd November 2020
quotequote all
PKZ4M said:
Despite additional depreciation in most cases, there is something great about spec’ing a brand new car. You also don’t have to go crazy on options. It’s the colour and wheels people see most. Porsche still have some great free of charge colour choices IMHO. It’s all personal choice.
There is indeed and it’s horses for courses but there’s also something about getting a car for way less stacked full of options you would never have paid for.