Crystal Ball Time - Cayman Prices

[r5gttgaz]

How long will it take (guessing) for the Cayman S to go under 30k? I quite like the car and seeming as its not as popular as the 911 I would say prices will fall in a similar fashion to the soft top version. Would prefer one of these over a Fezza.

[ADDLED]

Cos theres a ton of sub 30k Fezzas kicking about!

[r5gttgaz]

ADDLED said:

Cos theres a ton of sub 30k Fezzas kicking about!

Correct.

[K Man S]

r5gttgaz said:

How long will it take (guessing) for the Cayman S to go under 30k? I quite like the car and seeming as its not as popular as the 911 I would say prices will fall in a similar fashion to the soft top version. Would prefer one of these over a Fezza.

It's a simple supply and demand model and as the popularity of the Cayman S is quite high at the moment then i'd suggest it'll be a while yet before you'd see an "average miler" dropping below £30k - my guestimate and personal hope and opinion would be 18 months at least. Taking £40k as a price for a good 06 plate now, 25% depreciation on such a popular car over the next 12 months (getting down to your target £30k) just doesn't seem reasonable to me unless you manage to get one with high miles perhaps. Also warrantys will be running out in 18months time so maybe my guestimate is about right. The Cayman S has now started to make it's mark and the general concensus is it's a fabulous machine with great potential. With this in mind, i'd hope that demand will stay high thus holding it's 2nd hand value. This is what i want to hear but perhaps not what you want to hear .

Besides, finance packages are available taking depreciation into account so, although you may be borrowing more, your monthly outlay could be the same as a lower priced/higher depreciating asset like say a Z4M. Mine cost's me about £690 a month over 4 years with a £20k bullet (i think). I wonder what a new TT costs with a £15k bullet in 4 years - more probably!! Maybe you should be looking what you can afford monthly rather than the actual purchase price.

Edited by K Man S on Thursday 30th August 14:18

[pikey]

r5gttgaz said:

How long will it take (guessing) for the Cayman S to go under 30k? I quite like the car and seeming as its not as popular as the 911 I would say prices will fall in a similar fashion to the soft top version. Would prefer one of these over a Fezza.

Hmmm... I reckon March next year for a private sale on a low-spec one with high-ish miles. Bear in mind that these things do vary a lot in how many options that the puchaser put on and although there's no accurate way of measuring the value of options at resale, when you start comparing cars, the low-spec ones really do stand out as the ones you don't want.

K Man S said:

Maybe you should be looking what you can afford monthly rather than the actual purchase price.

Ah, now that's an assumption. Some folks feel finance is not for them and the OP may be one of them.

[willdew]

K Man S said:

your monthly outlay could be the same as a lower priced/higher depreciating asset like say a Z4M

Yeah, but the Z4M Coupe looks a lot better value for money at 6-9 months old, with 2k miles on it from BWM for £32k, with £5k of options, as there's a lot listed at at present on autotrader.

I think they look like much more inexpensive motoring for a couple of years that the Cayman S does at present.

[K Man S]

willdew said:

K Man S said:

your monthly outlay could be the same as a lower priced/higher depreciating asset like say a Z4M

Yeah, but the Z4M Coupe looks a lot better value for money at 6-9 months old, with 2k miles on it from BWM for £32k, with £5k of options, as there's a lot listed at at present on autotrader.

I think they look like much more inexpensive motoring for a couple of years that the Cayman S does at present.

The Cayman S is a better car than the Z4M but if moneys an issue go for the Z which should drop below the £30k within the next 3-4 month IMHO. I came from the M and it's a great car btw.

[Steve_M]

I think the cayman is going to go exactly the same way the Boxster did, just take a look at Boxster pricing history and you won't be far out.

[r5gttgaz]

Not a fan of finance, I think I will be keeping the 964 for a good while yet, 2 years would be ok with me to wait.

Really beginning to like the Cayman S and I would love to stay with Porsche. I just need V12 Fezza ownership out of my system sometime.

[willdew]

K Man S said:

willdew said:

K Man S said:

your monthly outlay could be the same as a lower priced/higher depreciating asset like say a Z4M

Yeah, but the Z4M Coupe looks a lot better value for money at 6-9 months old, with 2k miles on it from BWM for £32k, with £5k of options, as there's a lot listed at at present on autotrader.

I think they look like much more inexpensive motoring for a couple of years that the Cayman S does at present.

The Cayman S is a better car than the Z4M but if moneys an issue go for the Z which should drop below the £30k within the next 3-4 month IMHO. I came from the M and it's a great car btw.

Your pic appears to be of a cab. I think the coupe's a lot more focussed driving tool. And whilst the Cayman S may just have the edge dynamically, I think the one you choose is down to personal preference. I'm put off the Cayman due to it's lack of LSD and fact it could do with a bit more power (which is why I'm looking to swap from my 968). That coupled with the fact the Z4M Coupe is 25% less money used than the Cayman S. I don't think many would argue it was a significantly inferior car.

[K Man S]

willdew said:

K Man S said:

willdew said:

K Man S said:

your monthly outlay could be the same as a lower priced/higher depreciating asset like say a Z4M

Yeah, but the Z4M Coupe looks a lot better value for money at 6-9 months old, with 2k miles on it from BWM for £32k, with £5k of options, as there's a lot listed at at present on autotrader.

I think they look like much more inexpensive motoring for a couple of years that the Cayman S does at present.

The Cayman S is a better car than the Z4M but if moneys an issue go for the Z which should drop below the £30k within the next 3-4 month IMHO. I came from the M and it's a great car btw.

Your pic appears to be of a cab. I think the coupe's a lot more focussed driving tool. And whilst the Cayman S may just have the edge dynamically, I think the one you choose is down to personal preference. I'm put off the Cayman due to it's lack of LSD and fact it could do with a bit more power (which is why I'm looking to swap from my 968). That coupled with the fact the Z4M Coupe is 25% less money used than the Cayman S. I don't think many would argue it was a significantly inferior car.

I don't think i could argue that either but having owned both i'm reasonably well qualified to comment. The build quality on the Z wasn't particularly good and certainly not what i expect of a £45k car. The CS is better in most respects other than brakes. Real world (and bearing in mind i'e just spent the weekend with my Z4 club buddies), there's very little if any (and i mean if any) difference in power but there's no doubt my short shift and sport chrono make up the difference and believe me when i tell you that at 14_ mph the CS starts to pull away.

I don't miss the LSD because as far as i'm aware my Dynamic Traction Control on the Z always took over before the slip diff had chance to work it's magic. The Porsche of course has traction control so again i'm not sure what use it would be unless you turn it off and we're talking "tracking".

It's not down to roar power so don't get hung up about it. It's the whole driving experience and the CS's track times prove that 295bhp and no LSD can be quicker than those that have more and one.

Back to the original question, the Cayman S isn't a Boxster S. They are 2 separate markets and even look different. That said if we do assume the same market is interested then, looking at what's for sale on here as examples, 3 years old plus appears to be when the S go below £30k. Like i say, 18 months is my guess .

Edited by K Man S on Thursday 30th August 20:24

[Crimp a Length]

Steve_M said:

I think the cayman is going to go exactly the same way the Boxster did, just take a look at Boxster pricing history and you won't be far out.