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Is the cayman GTS worth it?

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Old Mar 29, 2014 | 11:18 AM
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Is the cayman GTS worth it?

So I am looking into getting the cayman GTS but as I option it, it comes around to 102k. I am wondering how is the value for that? Also how do the GTS depreciate? I can get around 7-8k off on the car so that helps a bit to drop it to the 94-95k range.

looking for opinions.

thanks
 
Old Mar 29, 2014 | 12:39 PM
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As far as an option stand point, if you are looking at an S model and wanted the options the the GTS has. Then I think you'll find that the GTS is not badly priced. The GTS should hold its value a little better than a standard S because of the its limited numbers. The 987.1 Caymans have suffered from the myth of the IMS failure by being tied to the earlier Boxsters and 996s which is just not been the case. The IMS was upgraded and at this point has not shown to be an issue. The 987.2 have held their valve better due to the engine change (no IMS & better oiling) and the smaller number of them due to economy and sales figures. I think if you bought the same S model with those options on a GTS you'd not get near the money in 5-10 years as a GTS.

All those added options on a used car depreciate much more than the base price of the car. If they're going to give you that much off a GTS is pretty good but I'm sure in a year or two there will be a R version that would be more desirable among Cayman buyers for about the same money.
 
Old Mar 29, 2014 | 03:28 PM
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They all depreciate...and badly. Look at the 911 GTS and Cayenne GTS, horrible. These are not investment grade cars, they are for driving and enjoying.
 
Old Mar 29, 2014 | 05:33 PM
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Never buy a car new or used and worry about resale. Cars are to be enjoyed. Look elsewhere if you are concerned with wealth preservation cause it will never be in a car. If you like it buy it. If you can't pay cash for it (not that i would advise that) you can't afford it.
 
Old Mar 29, 2014 | 05:52 PM
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Originally Posted by CALGUY
Never buy a car new or used and worry about resale. Cars are to be enjoyed. Look elsewhere if you are concerned with wealth preservation cause it will never be in a car. If you like it buy it. If you can't pay cash for it (not that i would advise that) you can't afford it.
Meh I have 70k cash I am willing to devote to it. It's not really worrying too much on resale it's just after the GTS I want to move up to a 911 (probably C4S) and I like when my existing car takes a big chunk of the payment out of the equation.

But I wouldn't compare this to a cayenne GTS, thats not a sports car.

I wonder which would be the better buy a cayman GTS or boxster GTS. My other concern is apparently the cayman is the least sold car by porsche? I don't want to go through hell to find a buyer come resale time.
 
Old Mar 29, 2014 | 05:53 PM
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Originally Posted by PNug
As far as an option stand point, if you are looking at an S model and wanted the options the the GTS has. Then I think you'll find that the GTS is not badly priced. The GTS should hold its value a little better than a standard S because of the its limited numbers. The 987.1 Caymans have suffered from the myth of the IMS failure by being tied to the earlier Boxsters and 996s which is just not been the case. The IMS was upgraded and at this point has not shown to be an issue. The 987.2 have held their valve better due to the engine change (no IMS & better oiling) and the smaller number of them due to economy and sales figures. I think if you bought the same S model with those options on a GTS you'd not get near the money in 5-10 years as a GTS.

All those added options on a used car depreciate much more than the base price of the car. If they're going to give you that much off a GTS is pretty good but I'm sure in a year or two there will be a R version that would be more desirable among Cayman buyers for about the same money.
All the options I want on a cayman S are standard or become standard once I get the GTS package with it. So it seems to be really a good deal. And as fast as a 911 C4S is impressive.
 
Old Mar 30, 2014 | 11:42 AM
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Maybe a better way to put this so people don't think I think of it is as an investment is such:

Example: a corvette stingray for 72k with all options is huge value for the money and worth it. A GTR is another example. Hell even the Macan Turbo is a good example. A base boxster is another.

So for 100k MSRP for the boxster GTS or 104k for the cayman GTS with same options is that worth it being I can get around 6-7k off bringing them to around 93-97k. Which is more worth it between the 2 as well? Is a convertible more desirable than 10 hp and a roof? Or is the cayman a way better performer?
 
Old Mar 31, 2014 | 12:20 AM
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Porsche pricing is based more on marketing & not the actual cost to make each model. Example a Cayman is roughly the same or more than a Boxster? The Cayman should be less than a Boxster. The Cayman sells more against the 911 so they can charge a little more for it. It's probably their highest profit margin.

If you're concerned about depreciation then you shouldn't be buying a new car. The Cayman is more expensive than some of it's competition like the Corvette. The price has gone up more than 10% compared to my 07S.

My one question I have for you is a base GTS Cayman is $75k what the hell set of options gets you to $104K. The $29K of options are the issue.
 
Old Mar 31, 2014 | 06:16 AM
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Originally Posted by PNug
Porsche pricing is based more on marketing & not the actual cost to make each model. Example a Cayman is roughly the same or more than a Boxster? The Cayman should be less than a Boxster. The Cayman sells more against the 911 so they can charge a little more for it. It's probably their highest profit margin.

If you're concerned about depreciation then you shouldn't be buying a new car. The Cayman is more expensive than some of it's competition like the Corvette. The price has gone up more than 10% compared to my 07S.

My one question I have for you is a base GTS Cayman is $75k what the hell set of options gets you to $104K. The $29K of options are the issue.

It's not really the depreciation thats the problem more the worth as I said before with my examples.

I actually didn't get may options. I got all the performance ones minus CCB which adds a lot in itself. Then 18 way seats which maybe I could settle with 2 way but that saves like 2k. Carmine red which adds 2.5k. GTS package which is 3.5k
bi xenon head lights and front a rear sensors with camera. GTS package in black. carbon fiber door sills illuminated. Burnsteir audio which again could settle for bose save about 2k. And premium package. Black wheels as well.

Here if I go with 2 way seats and bose package it comes down to 99.5k. At that point really the extra 5k is not such a big deal for way better audio and adjustable seats. Unless I drop the carmine red and GTS package which would save 7k. But then the inside of the car would be pretty boring unless I opted for like a luxor beige interior with maybe a blue or brown exterior since I don't like guards red on the cayman for some reason.

If I am going to buy a porsche I am not going to buy a base car with just performance and a black boring interior and boring outside. I'm not buying it for the sake of saying oh I have a porsche or for people to see me with the badge or the keys.
 

Last edited by speedsterr; Mar 31, 2014 at 06:22 AM.
Old Mar 31, 2014 | 12:14 PM
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At $75-80k, YES.

At $100k, NO.

I believe that the base GTS is a very nicely equipped Cayman.
 
Old Mar 31, 2014 | 12:16 PM
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Originally Posted by empunker
At $75-80k, YES.

At $100k, NO.

I believe that the base GTS is a very nicely equipped Cayman.
Lol 75-80k is base with PDK practically. See that is the issue. I am now leaning towards boxster at 100k so I could grab it for around 93-94k.
 
Old Mar 31, 2014 | 12:43 PM
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Originally Posted by speedsterr
Lol 75-80k is base with PDK practically. See that is the issue. I am now leaning towards boxster at 100k so I could grab it for around 93-94k.

Honestly, what more do you need? After all, it's a sports car.

Have you looked at the BMW M cars or the AMG's? They tend to have more of the luxury options included as standard for the same price.
 
Old Mar 31, 2014 | 01:43 PM
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Originally Posted by empunker
Honestly, what more do you need? After all, it's a sports car.

Have you looked at the BMW M cars or the AMG's? They tend to have more of the luxury options included as standard for the same price.
The point of porsche is to have both and be practical. Not one or the other otherwise it is no different than other brands that have one or the other. But yea M cars are behind in quality and tech. AMG's for under 100k is the c63 because I don't want a sedan. c63 I don't care for really.
 
Old Mar 31, 2014 | 02:54 PM
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I remember reading the same questions about value and worth it when the 987 Black series came out and then the Cayman R. If you want the options that come as standard and it is close to what you would configure, it is probably worth it. If you are doing it because it will provide substantial performance benefits......maybe, maybe not it definitely gets to what is important to you/floats your boat. As an aside, I had an 08 CS and then the Cayman R. I now have the 981 Cayman 2.7L. Of the three, I find the 981 is the best balanced for my use as a DD, and, surprising to me at least, I actually liked the 08 CS more than the Cayman R.
 
Old Mar 31, 2014 | 03:42 PM
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Originally Posted by PNug
My one question I have for you is a base GTS Cayman is $75k what the hell set of options gets you to $104K. The $29K of options are the issue.
$102K is kinda steep for a Cayman. Understand its apples and oranges, but you could get a well optioned, low mileage CPO'd 2012 997 GTS for that money if not less. Guessing the C7 Z06 will be south of that number as well. Hell you could possibly get an old F430 for a few dollars more. Again, I know its apples/oranges but I tend to equate value relative to comparable purchases and you have a lot of options at that number. Personally, I just can't get my head around high dollar new car purchase and the huge depreciation hits they suffer. That and knowing Porsche is notorious for charging out they @ss for the smallest of options make that number difficult to swallow. Not liquid enough yet not to care.
 


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