Cayman 981 budget

Cayman 981 budget

Author
Discussion

dbr84

Original Poster:

30 posts

74 months

Wednesday 21st February 2018
quotequote all
Hi folks,

I just wanted to check I'm in the right ball park in terms of running costs.

I've been saving hard over the last 2 years and have enough to buy a Cayman 981. Most likely the 2.7 Not sure whether to go manual or PDK yet. :-)


In terms of running costs, I am budgeting approx 5k per year for servicing/tyres/repairs. Does that sound reasonable? I'll do approx 10k miles per year.



It seems these 2012+ models resolved a lot of the reliability concerns and would probably not buy an after-market warranty - unless the consensus is that it would be a wise move. There's a chance I may be able to buy from an OPC with a 2 year warranty included anyway, although I have read mixed reviews about Porsche dealerships on here.



Basically just wondering if that sounds about right financially. I've dreamt about owning a Porsche for the long time, never pulled the trigger due as the 996 and gen1 cayman engine issues put me off for a while.


Any insight appreciated, I am keen to go into this with eyes wide open.

jonttt

681 posts

171 months

Wednesday 21st February 2018
quotequote all
I think you are way over as an average annual running cost.

The 981 is two yearly servicing and on your mileage you should get 2 years out of a set of tyres, more on the fronts. So the cost would either be <£1k or something over £2k depending on whats due in what year. I would think an "average" of £2k including insurance would be closer (obviously I don't know your insurance status but assuming c£600 for the year).


Edited by jonttt on Wednesday 21st February 16:25

T1547

1,095 posts

134 months

Wednesday 21st February 2018
quotequote all
Agreed, way over provided talking servicing and repairs only, not insurance, deprecation etc.

Would have thought 2k p/a would be about right. My 987 has cost 2k in the last year and included major service including coil packs, plugs, rear discs and pads and replacement water pump so an above average amount of work you could say.

7184c

415 posts

91 months

Wednesday 21st February 2018
quotequote all
Agreed about 2k per year is fine if you buy one that’s had the four year service done.

dbr84

Original Poster:

30 posts

74 months

Wednesday 21st February 2018
quotequote all
Cool, thanks all. Glad I overestimated in a sense as this certainly sounds doable :-)


Maxym

2,033 posts

236 months

Wednesday 21st February 2018
quotequote all
Basic costs are as other posters have said. But if something goes wrong it's gonna cost. Maybe go for a warranty for peace of mind. Or if you want to 'self-insure' keep putting that 5K away just in case. That said, the 981 appears to be pretty reliable.

I'm keeping my own fingers crossed... wink

alan718s

175 posts

99 months

Friday 23rd February 2018
quotequote all
£5k? Even you have a major service every year, 4 new tyres and brakes and pads change i don’t think you hit that budget

Krobar

283 posts

107 months

Saturday 24th February 2018
quotequote all
dbr84 said:
Hi folks,

I just wanted to check I'm in the right ball park in terms of running costs.

I've been saving hard over the last 2 years and have enough to buy a Cayman 981. Most likely the 2.7 Not sure whether to go manual or PDK yet. :-)


In terms of running costs, I am budgeting approx 5k per year for servicing/tyres/repairs. Does that sound reasonable? I'll do approx 10k miles per year.



It seems these 2012+ models resolved a lot of the reliability concerns and would probably not buy an after-market warranty - unless the consensus is that it would be a wise move. There's a chance I may be able to buy from an OPC with a 2 year warranty included anyway, although I have read mixed reviews about Porsche dealerships on here.



Basically just wondering if that sounds about right financially. I've dreamt about owning a Porsche for the long time, never pulled the trigger due as the 996 and gen1 cayman engine issues put me off for a while.


Any insight appreciated, I am keen to go into this with eyes wide open.
I bought one 981 2.7 2.5 years ago and seems you are a bit over budget. If you service at an OPC then minor service all in is just under £500 and a major service about £1000 (Theses alternate so 2 years/20K miles you need a minor service and then another 2 years/20K miles you need a major service) . If you go with the standard 18" wheel then decent marked N0 Eagle F1s are approx. £500 for a full set of 4 fitted at Costco. So servicing and tyres averages about £600 per year and independent servicing would be cheaper again. Other consumables wont be cheap nor will repairs but an average of £3K per year total for all of the above seems reasonable. From what we know so far often shocks and springs go at 60-100K Miles and active engine mounts if fitted often need maintenance around then too; there probably other bits as well but £3K should be fine.