Will Caymans be classic some day?
#31
Collectible cars are typically few in number - less than 50 - and highly desired when new. Here's are some excellent examples:
https://www.supercars.net/blog/the-t...-in-the-world/
https://www.supercars.net/blog/the-t...-in-the-world/
Last edited by fast1; 02-23-2021 at 11:48 PM.
#33
The 987.1, particularly the S model with the 3.4L suffers from bore score, as does did the 996. Bore scoring is very common among the m96 and m97 engines and as we now see with the 996, there are few survivors from a car that was massively produced (http://howtoporsche.com/911-series/9...r-and-version/). Most of these die from bore scoring, a very costly repair that is out of reach for most budgets. And because of rebuild prices, most opt-out and these cars end up being sold for parts. How many, low mile, mint condition 987.1 Cayman are left? How many will survive the next five years?
The 987.1 and especially the 987.2 came amidst the 2008 Crash. This is on par with the 1999 Market Crash that result in the low production of costly and unpopular 993s that nearly bankrupted Porsche. It is true that R models and those with special options will be more desirable, however, the 987.1 Cayman S was produced for a mere 4yrs and minus one for the 2.7L Cayman. The 987.2 production numbers are even lower, given that it was directly impacted by crash.
The fact that the 993 was extremely unpopular and most importantly unaffordable during economic turmoil should be an indication of where the 987.1/987.2 might be heading. Plus, we all know the Cayman is the better Porsche.
I sold my 1999 996 with a factory LSD, Hollow Spokes and a few other options... When sold, it was deemed as the "unloved Porsche" and even trendy automotive journalists noted that they would never grow in popularity or value. Ha!
You are posed with two options.
1) Enjoy your time on Earth and with your Porsche (maybe die happy)
2) Store it in a garage for some rich ***** in the future to enjoy (and still die)
The 987.1 and especially the 987.2 came amidst the 2008 Crash. This is on par with the 1999 Market Crash that result in the low production of costly and unpopular 993s that nearly bankrupted Porsche. It is true that R models and those with special options will be more desirable, however, the 987.1 Cayman S was produced for a mere 4yrs and minus one for the 2.7L Cayman. The 987.2 production numbers are even lower, given that it was directly impacted by crash.
The fact that the 993 was extremely unpopular and most importantly unaffordable during economic turmoil should be an indication of where the 987.1/987.2 might be heading. Plus, we all know the Cayman is the better Porsche.
I sold my 1999 996 with a factory LSD, Hollow Spokes and a few other options... When sold, it was deemed as the "unloved Porsche" and even trendy automotive journalists noted that they would never grow in popularity or value. Ha!
You are posed with two options.
1) Enjoy your time on Earth and with your Porsche (maybe die happy)
2) Store it in a garage for some rich ***** in the future to enjoy (and still die)
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#34
I have been tempted to "upgrade" from my 2011 base MT 987.2, and after almost every test drive of some excellent 911 variant the drive home convinces me to stick with my Cayman. I don't know if they will ever be "classic", but they are incredible cars.
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#35
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Personally I think they will fall into the classic/collectible category but it will take some years. By then most of the .1 should have the IMS and bore scoring issues resolved. .2 examples will command a premium.
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Super 987 (04-10-2022)
#36
It’s my thought now this market will be a “slow simmer” from here on out. Never a boil. I’ll take that though because these cars have been ignorantly under appreciated for far too long.
#37
The 987.1 and especially the 987.2 came amidst the 2008 Crash. This is on par with the 1999 Market Crash that result in the low production of costly and unpopular 993s that nearly bankrupted Porsche.
The fact that the 993 was extremely unpopular and most importantly unaffordable during economic turmoil should be an indication of where the 987.1/987.2 might be heading. Plus, we all know the Cayman is the better Porsche.
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Fresh.Sizzle (05-31-2021)
#38
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Depends. If there is rampant inflation it will definitely rise. Will it rise relative to the minimum wage, the stock market, the housing market? Damned if I know. If I knew I would have put everything into Apple or Amazon in 2000, Google when it went public at the insane price of $84 i think, or Tesla a few years ago.
#39
It's a Porsche so desirability will always be there and their appreciation will only grow as the newer models and cars as a whole move away from what makes cars so alluring to enthusiasts. You see with ever generation every brand moves further away from what they were once admired for. The 987 started a lineage of beautiful and dynamic cars, mind you there is influence as well from the Carrera GT as they are of the same period in porsche design 987.1 tail inner corners of the tail lights etc
.... I could go on enjoy your car for what it is, brilliant.
#41
The 911 is more of an occasion. Those rear "seats", a luxury. That's the car no matter what porsche does will always be the aspiration for many reasons.
#42
i am wondering if history will be kind WRT ICE cars as a whole. will they be forgotten like the stage coach and horse and buggy? sure a lot of people own classic ICE vehicles these days, but is there anything even remotely comparable WRT buggies and carriages? ...don't think so. could be that the legacy of all ICE vehicles follows a similar course. i can't see that the current generation of soon-to-be-college-graduates have much interest in cars at all.
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#43
Racer
i am wondering if history will be kind WRT ICE cars as a whole. will they be forgotten like the stage coach and horse and buggy? sure a lot of people own classic ICE vehicles these days, but is there anything even remotely comparable WRT buggies and carriages? ...don't think so. could be that the legacy of all ICE vehicles follows a similar course. i can't see that the current generation of soon-to-be-college-graduates have much interest in cars at all.
Get it and drive it now without thoughts or worries of future value. Shelby Mustangs are worth millions because millions of old guys still do lust to drive one.
When todays gen grows old enough to afford a classic I suspect it won't be my Mustang or Porsche they seek out.
#44
Instructor
I don't know that I agree that younger generations are not into cars like we were. I see a lot of young guys doing some incredible work on newer hot hatch/ WRX type vehicles as well as some older models getting new LS's in them. Some of the things these guys are doing, I would have never thought to do. Sure, you will get the ones who just want to Uber, or ride in an autonomous vehicle, but I think there will always be that niche for young kids who like to experiment and tinker with the "old" ICE cars.
My son (12 yrs old) already told me my 987 is his when I die. Just another reason to justify the engine upgrade to the wife when bore scoring eventually gets me!
My son (12 yrs old) already told me my 987 is his when I die. Just another reason to justify the engine upgrade to the wife when bore scoring eventually gets me!
#45
Racer
I don't know that I agree that younger generations are not into cars like we were. I see a lot of young guys doing some incredible work on newer hot hatch/ WRX type vehicles as well as some older models getting new LS's in them. Some of the things these guys are doing, I would have never thought to do. Sure, you will get the ones who just want to Uber, or ride in an autonomous vehicle, but I think there will always be that niche for young kids who like to experiment and tinker with the "old" ICE cars.
My son (12 yrs old) already told me my 987 is his when I die. Just another reason to justify the engine upgrade to the wife when bore scoring eventually gets me!
My son (12 yrs old) already told me my 987 is his when I die. Just another reason to justify the engine upgrade to the wife when bore scoring eventually gets me!
Lets face it - we came from the golden age of automobiles. Grab whatever you want now and enjoy it. Todays kids may or may not want your car when you are gone.