Notices

New vs. Used

Thread Tools
 
Search this Thread
 
Old May 9, 2014 | 09:20 PM
  #16  
lauranceyap's Avatar
lauranceyap
Instructor
 
Joined: Sep 2007
Posts: 114
Likes: 0
Default

Everybody responding above regarding depreciation, etc., is right. But the 2014 Cayman S I gave back a few weeks ago was the nicest company car I've had since joining Porsche - even better than the Boxster Spyder I drove for eight months.

(I don't suppose the one you were looking at was grey on grey with platinum silk wheels?)
Reply
Old May 9, 2014 | 09:28 PM
  #17  
twosheds's Avatar
twosheds
Advanced
 
Joined: Jun 2012
Posts: 58
Likes: 0
From: Vancouver
Default

The Cayman's are beautiful. I was looking for a secondhand one, but I was talked into going with a 911 because it's Porsche's iconic car and should hold it's value better. Also, we're planning to get a dog and the Cayman has no room for one other than in someone's lap.


Geoff.
Reply
Old May 9, 2014 | 10:06 PM
  #18  
Imo000's Avatar
Imo000
Captain Obvious
Super User
 
Joined: Aug 2003
Posts: 22,846
Likes: 348
From: Cambridge, Ontario, Canada
Default

Dogs have no place in a Porsche.
Reply
Old May 9, 2014 | 11:13 PM
  #19  
destro's Avatar
destro
Rennlist Member
 
Joined: Jun 2011
Posts: 450
Likes: 11
From: Toronto
Default

Unfortunately we don't have the roads to take advantage of the Cayman's agility (have a friend in California who showed me what a Cayman S is capable of), so you're always going to feel like its "slower" than what you could have gotten on our straight roads. 911 has a better presence, these cars are not a very rational choice, aesthetics are a big part of it, the Cayman can look nice, but with contemporary proportions (safety) it will always look dinkie. Obviously price is a factor but you should get what you really want and don't settle. Not sure what you're looking for, but I'd say sport seats and S-PASM are a must.
Reply
Old May 9, 2014 | 11:30 PM
  #20  
CamsPorsche's Avatar
CamsPorsche
Thread Starter
Race Car
15 Year Member
 
Joined: Apr 2009
Posts: 4,496
Likes: 592
From: Taxronto
Default

Originally Posted by lauranceyap
Everybody responding above regarding depreciation, etc., is right. But the 2014 Cayman S I gave back a few weeks ago was the nicest company car I've had since joining Porsche - even better than the Boxster Spyder I drove for eight months.

(I don't suppose the one you were looking at was grey on grey with platinum silk wheels?)
Bingo! I heard it was the LY special...
Reply
Old May 9, 2014 | 11:36 PM
  #21  
lauranceyap's Avatar
lauranceyap
Instructor
 
Joined: Sep 2007
Posts: 114
Likes: 0
Default

LOL. God, I loved that car. Great revvy engine, brilliantly agile in the city, beautifully balanced, amazing gearbox, and, surprisingly, exceptional ride quality even on the 20s.

I wish I could swap the C4S PDK I'm in now for another one just like it. Though I'd probably do silver on blue next time, with the Sport Techno wheels...
Reply
Old May 9, 2014 | 11:36 PM
  #22  
CamsPorsche's Avatar
CamsPorsche
Thread Starter
Race Car
15 Year Member
 
Joined: Apr 2009
Posts: 4,496
Likes: 592
From: Taxronto
Default

Originally Posted by PbPedis
The last brand new Porsche I bought was a 997 Turbo. Sold it after a little more than 2 years and lost close to $50K even though it was in totally mint condition. Never again. Get the used one and let the first guy take the hit.
Exactly...I'm worried that the Cayman will continue to lose way more than a 911 would.

I've noticed an 09 Carrera 4 almost identical to mine asking $64k w/30,000kms in B.C.

Lots to ponder and think about this weekend...
Reply
Old May 9, 2014 | 11:37 PM
  #23  
CamsPorsche's Avatar
CamsPorsche
Thread Starter
Race Car
15 Year Member
 
Joined: Apr 2009
Posts: 4,496
Likes: 592
From: Taxronto
Default

Originally Posted by lauranceyap
LOL. God, I loved that car. Great revvy engine, brilliantly agile in the city, beautifully balanced, amazing gearbox, and, surprisingly, exceptional ride quality even on the 20s.

I wish I could swap the C4S PDK I'm in now for another one just like it. Though I'd probably do silver on blue next time, with the Sport Techno wheels...
And....comes with the 6 year/160,000km warranty...tempting.
Reply
Old May 9, 2014 | 11:41 PM
  #24  
boman993's Avatar
boman993
Rennlist Member
15 Year Member
 
Joined: Jun 2009
Posts: 2,911
Likes: 210
From: Canada
Default

I'd wait a little longer and get into a 991.
Reply
Old May 9, 2014 | 11:42 PM
  #25  
fejjj's Avatar
fejjj
Drifting
15 Year Member
 
Joined: Sep 2010
Posts: 2,383
Likes: 92
Default

Unless I win the lottery, I will never buy a new car again!

Between my 04 X3 and my 89 951, I have less than 45k invested including lots of mods and upgrades.

My 951 will run with any 80k Porsche and has classic styling to boot!
Reply
Old May 9, 2014 | 11:42 PM
  #26  
lauranceyap's Avatar
lauranceyap
Instructor
 
Joined: Sep 2007
Posts: 114
Likes: 0
Default

I won't try and sell you on the car - if you're tempted, you should test drive it. I understand the allure of a 911, don't get me wrong, but of the current-gen stuff, I think the Cayman S is the best car we're making right now.

That said, tons of options in that price range, and I'd be tempted by a 997-II as well. The 911 shape is still iconic, and I like the smaller feel of the 9x7s, with the narrower front track, thinner pillars, upright seating position.

First world problems!
Reply
Old May 10, 2014 | 12:55 AM
  #27  
StanThePorscheFan's Avatar
StanThePorscheFan
Rennlist Member
 
Joined: Sep 2005
Posts: 2,457
Likes: 0
From: Toronto, Canada
Default

Cam, I have been down that road.

The quick answer is: Do not buy a new Porsche.

The longer answer is: Don not buy a new car, unless you custom order it in paint-to-sample with all the options that your pocket can handle, and pick it up at Leipzig for a full blown BRAND NEW PORSCHE experience. European Delivery is now a free option, btw.

Buying a demo hardly ever makes sense. Unless there are manufacturer rebates for demos, the dealer cost did not change. In reality you save very little extra over the 5-7% off MSRP that you can get from either Toronto dealer on a special order car. Worst financial decision, though.
To spread the depretiation, I intended to keep mine for at least 10 years. I had hard time convincing my wife of that, as I used to get bored of cars every two-three years. I've had my C4S for almost 5 years already and I didn't even notice. I am now thinking I might keep it even longer. Thats because I ordered it to my taste: color, wheels, seats, everything. It reflects me and I feel no need to change.

If you order it now, it will be a 2015 build.

This is an 09 Cayman S in Mexico Blue. 6 years old still looks sick. Enjoy
Attached Images
File Type: jpg
porsche_cayman_blue_1_l_700.jpg (55.2 KB, 262 views)
Reply
Old May 10, 2014 | 11:41 AM
  #28  
myw's Avatar
myw
Nordschleife Master
10 Year Member
 
Joined: Jun 2013
Posts: 5,598
Likes: 762
From: richmond hill
Default

911 imo loses 50% every 5 years; cayman i would assume about the same. worst case scenario it would lose 50% every 4 years (a tad quicker then 911).

normal cars imo its 50% depreciation in 3 years.

Originally Posted by CamsPorsche
Exactly...I'm worried that the Cayman will continue to lose way more than a 911 would.

I've noticed an 09 Carrera 4 almost identical to mine asking $64k w/30,000kms in B.C.

Lots to ponder and think about this weekend...
Reply
Old May 10, 2014 | 12:06 PM
  #29  
Knight's Avatar
Knight
Drifting
15 Year Member
 
Joined: Nov 2008
Posts: 2,340
Likes: 79
From: Vancouver BC, Canada
Default

Go for a test drive, I think you'll be quite impressed with the Cayman, out of pure driving enjoyment I'd take it over a 991 and 997.2. And it's one great looking sports car too, less GT car like many think of the 991. Ok it doesn't have the HP backing it up, but for overall how fast your really driving on the streets it's def more than enough.

Nothing you can do about depreciation on new but like stated already, you keep it for a decent amount of years it's just part of ownership. Another option, wait it out and get a used 981.

If you want no depreciation, pure driving enjoyment and still keep the 911 badge in your garage, no doubt my first choice 997.1 GT3. They are holding their values strong for a reason.
Reply
Old May 10, 2014 | 12:35 PM
  #30  
petee1997's Avatar
petee1997
Burning Brakes
 
Joined: May 2006
Posts: 889
Likes: 6
From: Ontario,Canada
Default

There is only one real Porsche and that is the iconic 911. Buy a Cayman and there will always be that doubt if you made the right decision. That will not happen if you buy a 911.
Reply



All times are GMT -3. The time now is 08:34 AM.