Is my Gen1 2.7 Cayman a keeper??
Discussion
I,ve had my first generation 2.7 Cayman from new (2007) & it now has a partner 991 Black Edition, my original thoughts were to trade the Cayman when the new Cayenne is launched next year, but the longer I still have it the more I can't bear to loose it. What are the thoughts on it holding its value, should I keep it?
Manual, 2.7 in Carrera White (not popular back in 2007 but looks ace) 19" Carrera Classics, sports seats, sports steering wheel, Ext leather, 65k miles
Manual, 2.7 in Carrera White (not popular back in 2007 but looks ace) 19" Carrera Classics, sports seats, sports steering wheel, Ext leather, 65k miles
Montcoffer said:
I,ve had my first generation 2.7 Cayman from new (2007) & it now has a partner 991 Black Edition, my original thoughts were to trade the Cayman when the new Cayenne is launched next year, but the longer I still have it the more I can't bear to loose it. What are the thoughts on it holding its value, should I keep it?
Manual, 2.7 in Carrera White (not popular back in 2007 but looks ace) 19" Carrera Classics, sports seats, sports steering wheel, Ext leather, 65k miles
So you were going to trade from a Cayman to a Cayenne (and keen the 991 Black Edition)?Manual, 2.7 in Carrera White (not popular back in 2007 but looks ace) 19" Carrera Classics, sports seats, sports steering wheel, Ext leather, 65k miles
When do you drive the Cayman?
When do you drive the 991?
Seems like a lot of similar Pork to me.
Thats right, original intention was to have 991 & Cayenne as our 2 cars & sell our Cayman, as you say a lot of similar Pork. But, Keeping the Cayman would be beneficial if perhaps it would appreciate in value over the years? Any thoughts?
g7jhp said:
So you were going to trade from a Cayman to a Cayenne (and keen the 991 Black Edition)?
When do you drive the Cayman?
When do you drive the 991?
Seems like a lot of similar Pork to me.
When do you drive the Cayman?
When do you drive the 991?
Seems like a lot of similar Pork to me.
My understanding is that the 2.7 could be desirable as it is less likely to have the engine issues that the larger ones have.
On thing to consider it that your Cayman could require a suspension refresh at some point in the future, and that may cost a good percentage of the car's value.
My friend was in a similar position before the 991 came out - he bought a 997 and decided to keep his existing 3.2 Boxster as he had spent over 4K on the suspension not that long ago, and with 90oddK miles on the clock it wasn't worth a great deal. Unfortunately it was written off by some numpty, but he would have kept it forever.
I should add that his 3.2 never had any engine or other issues - another friend's 3.4 Cayman did have a snapped suspension coil which surprised me, and had had a few non-related engine issues which would have cost a fortune to sort had he not had an OPC warranty.
tis a tricky one, though speaking as someone who has owned way more cars than he can drive in one go, cars do not like being sat around doing nowt, so I'd sell if it is hardly going to be used.
On thing to consider it that your Cayman could require a suspension refresh at some point in the future, and that may cost a good percentage of the car's value.
My friend was in a similar position before the 991 came out - he bought a 997 and decided to keep his existing 3.2 Boxster as he had spent over 4K on the suspension not that long ago, and with 90oddK miles on the clock it wasn't worth a great deal. Unfortunately it was written off by some numpty, but he would have kept it forever.
I should add that his 3.2 never had any engine or other issues - another friend's 3.4 Cayman did have a snapped suspension coil which surprised me, and had had a few non-related engine issues which would have cost a fortune to sort had he not had an OPC warranty.
tis a tricky one, though speaking as someone who has owned way more cars than he can drive in one go, cars do not like being sat around doing nowt, so I'd sell if it is hardly going to be used.
Montcoffer said:
Thats right, original intention was to have 991 & Cayenne as our 2 cars & sell our Cayman, as you say a lot of similar Pork. But, Keeping the Cayman would be beneficial if perhaps it would appreciate in value over the years? Any thoughts?
I can't see a base 2.7 Cayman appreciating by much (if anything) in the short term and it certainly won't cover the cost of servicing and maintenance over a few years.The Cayman is probably depreciating less than your 991, but you've already bought the 991.
If you prefer the 991 Black Edition to the Cayman keep that. if you prefer the Cayman to drive keep that. I'd sell the one which was least appealing.
If it was me I'd sell the Cayman. Sounds like the money tied up in it could be put to better use.
The best you can hope for is a stabilisation of prices, only in the very long term could you contemplate appreciation, say in another 15 years or so, and even this is uncertain - perhaps by that time IC engined cars would be restricted in usage, etc etc so viewed as less desirable unless truly exceptional - who knows.
One thing is for sure, older modern Porsches cost lots and lots of £££ to maintain and the amounts will never square up for an unexceptional car (not rare, not uber-desirable).
So if you are not planning on using it, or don't wish to because you prefer the 991 - sell. If you want something to keep it's value, buy an older, simpler Porsche instead. Or something else altogether.
One thing is for sure, older modern Porsches cost lots and lots of £££ to maintain and the amounts will never square up for an unexceptional car (not rare, not uber-desirable).
So if you are not planning on using it, or don't wish to because you prefer the 991 - sell. If you want something to keep it's value, buy an older, simpler Porsche instead. Or something else altogether.
All very valid points, I was not aware of suspension issues, but something that may help me make a choice.
Emeye said:
My understanding is that the 2.7 could be desirable as it is less likely to have the engine issues that the larger ones have.
On thing to consider it that your Cayman could require a suspension refresh at some point in the future, and that may cost a good percentage of the car's value.
My friend was in a similar position before the 991 came out - he bought a 997 and decided to keep his existing 3.2 Boxster as he had spent over 4K on the suspension not that long ago, and with 90oddK miles on the clock it wasn't worth a great deal. Unfortunately it was written off by some numpty, but he would have kept it forever.
I should add that his 3.2 never had any engine or other issues - another friend's 3.4 Cayman did have a snapped suspension coil which surprised me, and had had a few non-related engine issues which would have cost a fortune to sort had he not had an OPC warranty.
tis a tricky one, though speaking as someone who has owned way more cars than he can drive in one go, cars do not like being sat around doing nowt, so I'd sell if it is hardly going to be used.
On thing to consider it that your Cayman could require a suspension refresh at some point in the future, and that may cost a good percentage of the car's value.
My friend was in a similar position before the 991 came out - he bought a 997 and decided to keep his existing 3.2 Boxster as he had spent over 4K on the suspension not that long ago, and with 90oddK miles on the clock it wasn't worth a great deal. Unfortunately it was written off by some numpty, but he would have kept it forever.
I should add that his 3.2 never had any engine or other issues - another friend's 3.4 Cayman did have a snapped suspension coil which surprised me, and had had a few non-related engine issues which would have cost a fortune to sort had he not had an OPC warranty.
tis a tricky one, though speaking as someone who has owned way more cars than he can drive in one go, cars do not like being sat around doing nowt, so I'd sell if it is hardly going to be used.
All valid points everyone, thanks, I must say the thought process of keeping does have an element of sentiment to it, I'm sure we can all echo that when you have had a car for a number of years and loved it, letting it go is difficult. If only we could keep all the cars we have owned eh?.
996TT02 said:
The best you can hope for is a stabilisation of prices, only in the very long term could you contemplate appreciation, say in another 15 years or so, and even this is uncertain - perhaps by that time IC engined cars would be restricted in usage, etc etc so viewed as less desirable unless truly exceptional - who knows.
One thing is for sure, older modern Porsches cost lots and lots of £££ to maintain and the amounts will never square up for an unexceptional car (not rare, not uber-desirable).
So if you are not planning on using it, or don't wish to because you prefer the 991 - sell. If you want something to keep it's value, buy an older, simpler Porsche instead. Or something else altogether.
One thing is for sure, older modern Porsches cost lots and lots of £££ to maintain and the amounts will never square up for an unexceptional car (not rare, not uber-desirable).
So if you are not planning on using it, or don't wish to because you prefer the 991 - sell. If you want something to keep it's value, buy an older, simpler Porsche instead. Or something else altogether.
[quote=Montcoffer ] If only we could keep all the cars we have owned eh?.
Ha...that's how I feel.....I am in a situation where I am considering keeping my 981 C which I've owned from new and getting a cheap lease Golf GTi......but as a single chap, I can't really justify two cars and would have a parking issue too.....hmmmmm
Ha...that's how I feel.....I am in a situation where I am considering keeping my 981 C which I've owned from new and getting a cheap lease Golf GTi......but as a single chap, I can't really justify two cars and would have a parking issue too.....hmmmmm
I wish I'd kept mine. I had a 2007 2.7 which I sold in late 2014 with roughly 50k miles in immaculate condition. I replaced it with a much newer GT86 which was just slightly worse at everything than the Cayman, so I've sold it. I'm now on the look for another Cayman and it is going to cost me more than what I sold mine for to get one in similar condition. So prices over the last 18 months have slightly risen I think. A £15k car in 2014 is now going for around £16k from what I can see, watching ebay auctions and so on.
The appeal of the 2.7 to me is the more reliable engine and I actually like the 'basic' nature of the base car. I didn't like explaining to people why it's a better car than a 911 though
The appeal of the 2.7 to me is the more reliable engine and I actually like the 'basic' nature of the base car. I didn't like explaining to people why it's a better car than a 911 though
FrankCayman]ontcoffer said:
If only we could keep all the cars we have owned eh?.
Ha...that's how I feel.....I am in a situation where I am considering keeping my 981 C which I've owned from new and getting a cheap lease Golf GTi......but as a single chap, I can't really justify two cars and would have a parking issue too.....hmmmmm
Don't let that stop you, I'm currently a one person household in London with two motors and no of road parking- peaked at three cars a couple of years ago! My neighbours love it..Ha...that's how I feel.....I am in a situation where I am considering keeping my 981 C which I've owned from new and getting a cheap lease Golf GTi......but as a single chap, I can't really justify two cars and would have a parking issue too.....hmmmmm
Montcoffer said:
I,ve had my first generation 2.7 Cayman from new (2007) & it now has a partner 991 Black Edition, my original thoughts were to trade the Cayman when the new Cayenne is launched next year, but the longer I still have it the more I can't bear to loose it. What are the thoughts on it holding its value, should I keep it?
Manual, 2.7 in Carrera White (not popular back in 2007 but looks ace) 19" Carrera Classics, sports seats, sports steering wheel, Ext leather, 65k miles
You take a big depreciation hit if you sell the car.Manual, 2.7 in Carrera White (not popular back in 2007 but looks ace) 19" Carrera Classics, sports seats, sports steering wheel, Ext leather, 65k miles
If you have the room for it and can afford it I'd say keep it.
I kept my 2002 Boxster 2.7l and the car now has over 302K miles on it. Still runs great and is still a joy to drive and gets driven quite a bit even though my other car is a 996 Turbo.
No major engine work required -- just a VarioCam solenoid and actuator -- and clutch, steering, suspension (including shocks) are just fine.
My vote is to keep the Cayman and enjoy it for as long as you can.
I had a similar situation earlier this year.
Had a 987 2.7 Boxster with a good spec owned since 2009, bought it at a year old and have done 27000 miles overall. Changed job so now on a train everyday for my commute, wife got a new Cayman last year and have a Macan as the utility. Net result was the Boxster did less than 1k miles last year, it went in for a service in March and was advised it was facing about £4ks worth of work in the near future. Then when I did want to have some fun I found the Cayman calling more than the Box. So after a lot of indecision I finally sold in in May for the same money I was offered in PX against the Macan 2 years ago.
When the sun's out I miss it but so far this year that's been a bit of a rarity anyway. I don't think they will become investor targets for a few more years if ever but I also can't see them dropping much more either based on my experience. Since you have the 991 you have 2 very similar cars so I'd probably sell the Cayman and buy something completely different. I'm thinking about getting a Morgan 3 wheeler which is completely nuts at stupidly slow speeds. Good luck whatever you decide.
Had a 987 2.7 Boxster with a good spec owned since 2009, bought it at a year old and have done 27000 miles overall. Changed job so now on a train everyday for my commute, wife got a new Cayman last year and have a Macan as the utility. Net result was the Boxster did less than 1k miles last year, it went in for a service in March and was advised it was facing about £4ks worth of work in the near future. Then when I did want to have some fun I found the Cayman calling more than the Box. So after a lot of indecision I finally sold in in May for the same money I was offered in PX against the Macan 2 years ago.
When the sun's out I miss it but so far this year that's been a bit of a rarity anyway. I don't think they will become investor targets for a few more years if ever but I also can't see them dropping much more either based on my experience. Since you have the 991 you have 2 very similar cars so I'd probably sell the Cayman and buy something completely different. I'm thinking about getting a Morgan 3 wheeler which is completely nuts at stupidly slow speeds. Good luck whatever you decide.
White with 19's, sports seats and extended leather? Sounds like a very nice spec to me. Just the right options to make it desirable, without it being over complicated and dull to look at. When the Cayman finds its stride, which undoubtedly it will, given the engine problems of the 3.4 I'd have thought a car like yours will be quite desirable and would find a buyer fast. It may always be in the shadow of the gen2, but as an early car with a spec that appeals (at least to me) considerably, I'd keep it.
SEE YA said:
There two models not mentioned on this topic.
Are boxster s and 996 turbo,now is the time to buy them.
In five years time double the money.
Yes you might, or you might end up with a money pit instead, having drained your wallet for 5 years.Are boxster s and 996 turbo,now is the time to buy them.
In five years time double the money.
One should just buy these cars, drive, look after and enjoy it..then pass it to someone or sell it, very easy.
Going back to Cayman 2.7, not sure about production numbers but I think it's a special car (design-wise). The first cayman is quite unique, it's much different than Boxster. I do love 981 caymans, I think they are super-different story but gen1 is quite unique and I do not think it's styling or design will be outdated that easily. Not sure about its technical issues, but like every other porsche, after 10 years, most of these issues should be fairly upgraded or fixed by specialists -avoiding any bad luck-
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