Cayman R Chat

[Jamie Summers]

ATM said:

This is largely driven by the economy.

If the economy starts to struggle and lots of companies start laying people off while mortgage rates are going up and house prices start to come down, then surely you see a world where car prices don't just keep marching upwards?

At its most basic level it's, self-evidently, a simple case of supply and demand - the second supply begins to outstrip demand it's a race to the bottom. Anecdotally, I fear this has already started........ A couple of weeks ago I tried to put my heavily modded Cayman S onto the market so called a few dealers with a view to putting it on sale or return. Without naming names, a number of dealers were not buying cars for stock at all, and not really willing to take cars in for SOR due to full showrooms. If you do a quick surf of all of the main Pork dealers you will see inventory at levels we've not seen in maybe 10 years. There are a lot of cars trying to find new homes - most of them (and maybe that's because it's what the trade think they can sell) 997 or newer.

There will always be exceptions that people use to point to a "still buoyant" market, and low-number "special" cars are always likely to fare better than volume models, but it feels very much that the market is heading into more difficult territory.........

[ATM]

Jamie Summers said:

A couple of weeks ago I tried to put my heavily modded Cayman S onto the market

Tell us more

[julian987R]

ATM said:

julian987R said:

There are exceptions to the rule, but the general direction of travel for R prices is upwards.

This is largely driven by the economy.

If the economy starts to struggle and lots of companies start laying people off while mortgage rates are going up and house prices start to come down, then surely you see a world where car prices don't just keep marching upwards?

On the whole I agree, but goes without saying some models are always going to go up no matter what ....and the R is one of those models.

[julian987R]

Jamie Summers said:

At its most basic level it's, self-evidently, a simple case of supply and demand - the second supply begins to outstrip demand it's a race to the bottom. Anecdotally, I fear this has already started........ A couple of weeks ago I tried to put my heavily modded Cayman S onto the market so called a few dealers with a view to putting it on sale or return. Without naming names, a number of dealers were not buying cars for stock at all, and not really willing to take cars in for SOR due to full showrooms. If you do a quick surf of all of the main Pork dealers you will see inventory at levels we've not seen in maybe 10 years. There are a lot of cars trying to find new homes - most of them (and maybe that's because it's what the trade think they can sell) 997 or newer.

There will always be exceptions that people use to point to a "still buoyant" market, and low-number "special" cars are always likely to fare better than volume models, but it feels very much that the market is heading into more difficult territory.........

Is there mass appeal for a heavily modded S though? Don't get me wrong, I am sure it is epic and lovely but its ones like this that will sell....

https://www.pistonheads.com/buy/listing/14232490

... so your experience could be an edge case, and not a barometer of the S market.

[tighnamara]

Polished and covered for winter, need to do do more miles next year.

[Edmundo2]

Interesting comments...

I had a heavily modded 987S which I loved but sold up to buy a Caterham..

Said 7 is now sold and I think another Porsche is on the cards but having recently driven a few 996/7 I can't help thinking the Cayman is a better car as a weekend toy vs 911..

Part of the reason I sold the Cayman was that I'd taken it about as far as I could but felt like another 50 bhp and a bit of weight loss was the only way to properly nail it but that meant 3.9 Hartech if staying NA and I just couldn't justify the cost/diminishing returns..

I now have the option to buy it back and accept it for what it is or poss save a few more pennies and hope the R market softens a little so I can get in to one..

I can't believe an R will be twice the car of my modded S but they really appeal and i figure havi g £35k + in one is prob better than £18k in a hot rod with the balance in the bank..?

I imagine the best cars will still be £40k+ for a while, ( forever ), but I'll be keeping my eyes peeled for slightly leggier cars..

Edited by Edmundo2 on Thursday 24th November 22:10

[Jamie Summers]

julian987R said:

Is there mass appeal for a heavily modded S though? Don't get me wrong, I am sure it is epic and lovely but its ones like this that will sell....

https://www.pistonheads.com/buy/listing/14232490

... so your experience could be an edge case, and not a barometer of the S market.

Julian, my comment was not really related to the sale of my Cayman - (the ease or otherwise of selling my car has limited relevance to the R per se. Incidentally I sold it quickly and privately for a price not a million miles away from the lower end of the R market.......) What I was really trying to point out is that the exercise of talking to several dealers and looking around the internet suggested a general level of stock currently for sale that is, to my mind at least, a forebear to a softening market.
I applaud your unwavering view on the future of R prices, but I think ALL Porches will gap down, but some more than others. I'd love to believe that an R will be worth £100k as that bodes very well for my similarly rare mk1 GT3 (which prompted the sale of my Cayman), but I think you might be waiting a long time !

[IanB_76]

I notice that the lovely Guards Red example on AT for £54.9k seems to have been snapped up. Would be interesting to know what it actually went for.

Nice spec having the main wishlist items, but no PDLS, Nav or Bose and PDK.

[Edmundo2]

IanB_76 said:

I notice that the lovely Guards Red example on AT for £54.9k seems to have been snapped up. Would be interesting to know what it actually went for.

Nice spec having the main wishlist items, but no PDLS, Nav or Bose and PDK.

Looks nice but if it didn't have these desirable options why was the price so high..? Was it just ultra low mileage/rare colour/buckets?

Apologies but can't see the advert but hope there's something exceptional about it otherwise it looks like my hopes that a nice car with 50k ish on the clock for £35k ish might be wishful thinking, ( seen some high milers in low thirties so hopefully I'm not dreaming )

[julian987R]

IanB_76 said:

I notice that the lovely Guards Red example on AT for £54.9k seems to have been snapped up. Would be interesting to know what it actually went for.

Nice spec having the main wishlist items, but no PDLS, Nav or Bose and PDK.

Seems to be there still.

https://www.autotrader.co.uk/car-details/202209089...

[julian987R]

When I open my passenger door I always notice that water has ingressed the sill where the logo is along that piece. But drivers side never.
Strangely I had same observation with my 944T and wondered could it be either that I push the wing mirror in and rain is finding its way in onto that sill? god know how though.....or is it that that the Drivers of the car is always parked pavement side, and that cars passing are kicking up water and it is hitting that passenger side more?

Anyone else ever notice this outcome?

[freedman]

@Frayz

Yours I believe?

Pics from late 2011 when I had it as a weekend loan from Porsche East London

Over 600 miles in the snow from Friday to Monday

[julian987R]

julian987R said:

Nice Peridot one listed a few days back. Magazine featured! anyones here?

https://www.pistonheads.com/buy/listing/14206221

Deposit taken - that didn't stick around long.

[frayz]

freedman said:

@Frayz

Yours I believe?

Pics from late 2011 when I had it as a weekend loan from Porsche East London

Over 600 miles in the snow from Friday to Monday

Ha, that’s epic.
Yeah that’s my old girl, it is indeed a Porsche East London car. It’s changed quite a bit since then. Great to see it out there getting used properly too.

The day I collected it from RPM Technik. Was purchased from (Old Bob via SoR).



Love it!

[julian987R]

This one looks nice. I bet it sells quick as ones through reputable dealers like RPM always seem to go fast. The stripe looks nice huh, not seen that before on an R, but suits it, especially on a white one.

https://www.pistonheads.com/buy/listing/14246402

[freedman]

julian987R said:

This one looks nice. I bet it sells quick as ones through reputable dealers like RPM always seem to go fast. The stripe looks nice huh, not seen that before on an R, but suits it, especially on a white one.

https://www.pistonheads.com/buy/listing/14246402

Just my opinion but I’d make them take the stripe off before buying that car

[julian987R]

freedman said:

julian987R said:

This one looks nice. I bet it sells quick as ones through reputable dealers like RPM always seem to go fast. The stripe looks nice huh, not seen that before on an R, but suits it, especially on a white one.

https://www.pistonheads.com/buy/listing/14246402

Just my opinion but I’d make them take the stripe off before buying that car

One reflection it could be one stripe too many.

[julian987R]

julian987R said:

When I open my passenger door I always notice that water has ingressed the sill where the logo is along that piece. But drivers side never.
Strangely I had same observation with my 944T and wondered could it be either that I push the wing mirror in and rain is finding its way in onto that sill? god know how though.....or is it that that the Drivers of the car is always parked pavement side, and that cars passing are kicking up water and it is hitting that passenger side more?

Anyone else ever notice this outcome?

Any takers? much appreciated in advance.

[PaulD86]

julian987R said:

julian987R said:

When I open my passenger door I always notice that water has ingressed the sill where the logo is along that piece. But drivers side never.
Strangely I had same observation with my 944T and wondered could it be either that I push the wing mirror in and rain is finding its way in onto that sill? god know how though.....or is it that that the Drivers of the car is always parked pavement side, and that cars passing are kicking up water and it is hitting that passenger side more?

Anyone else ever notice this outcome?

Any takers? much appreciated in advance.

Your post implies that your car is out in the rain, and thus outside. Cayman R's which are left outside are worth significantly less than garaged ones. Indeed, some forecasts have them being worth £25-30k less than a garaged example. Rear wipers are seen as evidence of a car being an "outdoor" example and buyers either avoid these or make an automatic price deduction. It is thought by 2030 outdoor cars will be worth a similar amount to their Corgi equivalent.

Open your doors. Observe where weather seals are. Observe where water is. If water has passed a weather seal to get there, investigate. If it hasn't, close door and go back to getting excited about the cars value as clearly nothing else matters. Alternatively, set yourself a challenge of going a week without posting anything on what you think these cars are worth.

[frayz]

Also not a big fan of the OTT strip on the 987 body, I agree id take it off to sell it as i think it may put quite a few off.
As said above, i bought my car via RPM Technik and they have always been excellent to deal with.