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Porsche Cayman Prices Paid and Buying Experience

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Comments

  • donc6donc6 Posts: 16
    Hey, its already 2008... and the '08s have been coming in for a while... If you see a 2007 outfitted with what you want, and they have any sort of discount, you should pull the trigger! The dealers won't be as generous with the '08s for another 8 months -- that's my opinion... I bought my Cayman 07 in July just before the '08s were to start builds...and my dealer negoiated a bit... like 7%. My advice is to buy your car ... IF... they are outfitted as you would like. I think the $52K car has limited accessories.. while the $55K might be more to your liking... Mine had the PPA, 18" wheels (a must!), upgrades sound and CD changer... and was 54+ MSRP.. a nicely outfitted model. anything less would feel like a stripped down model!
    That'smy opinion.. D
  • kyfdxkyfdx Posts: 27,985
    I'm not wild about the way the 18" Cayman S wheel looks on the base model.. Something about the smaller brake calipers on the base model... to each his own. I'm sure yours looks fantastic. ;)

    However, in general, 18" look better, I agree... Not happy about replacement cost, of course.. :(

    I agree about the extra options going from $52K-$55K.. Usually, that first $3K of options on a base car is all stuff you really want.. One thing I'm surprised about, though... Most base Caymans on the lot don't have Xenons... which I generally want..

    I haven't called this dealer, but if the website prices are accurate, looking at 19%-21% off of MSRP. Both are Silver/black, so no issues there..

    Did I mention my wife? $900 car payments are a sticking point.. :surprise:

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • clucasclucas Posts: 1
    I am very excited with the Cayman S. Seriuosly planning to purchase a brand new 2008. Made an offer $500 below the invoice of $52,000. Haven't heard from the dealer. Maybe, my offer is ridicoulosly low. Any advice to get the best deal would be deeply appreciatred.
    Dealership: Michael Stead Porsche of Walnut Creek(California)
  • kmanskmans Posts: 20
    It helps to go in armed. So let me give you something.

    First you need to stop by http://www.caymanclub.net and visit the sales and leasing section to see what cars are actually going for around the country. While you can get below invoice on a 2007 I haven't seen ANY dealership go that low on a 2008 without incentives from Porsche.

    So now here is a bonus. When you go to Michael Stead ask for Mike Pardini, tell him the CaymanClub sent you and that you want the insider deal on a Cayman and he'll get you the lowest price that dealership can offer.

    You can thank me later. :)
  • donc6donc6 Posts: 16
    I hate to say it, but that offer is pretty much dead. I've not heard of anyone getting a "new" Cayman at below invoice -- especially mid model year! I bought my base 2.7, argurably a less desirable model, toward the end of the 2007 model year for that price... If the sticker price is about $65 (S + options), I would think the dealer might, might be interested at $58K -- unless the economy is getting really, really bad for Porsche dealers.

    I second kmans' comment about visiting caymanclub.net. I've been crawling that website for a few months now and it is, by far, the best source of information on Cayman around.

    Good luck, but you might be a bit more generous/realistic.
    D
  • madmanmoomadmanmoo Posts: 2,039
    You might start thinking Porsche instead of Kia. Totally different mindset. Porsche aims to make some money. Up that offer 4k and you might have a deal.

    -moo
  • I am new to the thread, and have read all the posts, but they seem to be all over the place. That being the case, I will just jump into this with some of my expereinces and thoughts.

    I bought last week the new Porsche Design Cayman S. The particular model I got was $92,000 (pretty much fully loaded, including Chrono, CCB, PASM, PCM, etc etc). I could have bought any 911 model. I also could have bought another Aston Martin (as my previous car was A-M DB7 Volante.

    People buy cars for different reasons. I did not buy the "poor man's entry level Porsche" because it was all I could afford. To me, the looks in conjunction with it flawless handling, was the basis of my decision. Is the TT faster? Well, yes it is from 0-60.but the Cayman S beat it on the 12 mile test tract by .10 second because it can out -corner the 911 by a long shot! I have seen so many people say...."hell, a Z06 can kick a Caymans butt for the same price". Yes it can. Hopefully it will last the 3 years of your purchase agreement. When your 3 years is up and you are looking to sell it ...be happy if you get 22k. Also, at the end of those three years you can hardly wait to get rid of it!

    Porsche has never been about JUST speed. Porsche, Aston, Lambro, Ferrari,m et al, offer an automotive expereince. What asp[ects of the total expereince most appeal to you, will be the compelling emotive forces behind your buying decision. All Porsches are GREAT cars, they are all easily 'daily drivers' that can just take a beating and keep giving you more. If you are willing to pay for all the luxury upgrades (and run your Cayman up to about 100k)..you also have one handsomely outfitted luxurious automobile in which the craftsmanship is impeccable. (The Vette Z-06 can never be made luxurious)!

    I wanted a Cayman since the day they came out. I loved the design. Personally, I am a little tired of the 911 look.it has been around 57 years, and i dont want a car as old as me! When I saw a picture of the Porsche Design Cayman S.....that was all it took. THe next day I bought one at Newport Auto Center, Newport Beach, California.

    When it comes to going out with friends....well..i still have my Audi A-8 (which i also love).
  • mpaigempaige Posts: 1
    My A6 lease expires in 2 months. For my next car Im seriously considering a caymen. Ive never owned a sports car and have always liked the look of Porsches. But the salesman put me off a little. The forum is full of people like me who are considering one but has anyone purchased one? What is your feeling now youve had some time to own it. Is it worth the $$$ or would you get the 911?

    My family are all sedan owners and are horrified that Im getting a porsche! lol
  • donc6donc6 Posts: 16
    Hello mpaige...
    If you want to see a really comprehensive forum, try caymanclub.net. But to your question. I went with the Cayman because of the mid-engine platform, more storage than a 911 (I can get two golf carry bags in the back !) and, frankly, more in my price range. New 911's start at over 85K.. and go up very quickly as you may have seen already. Porsche has intentially put higher horsepower into the 911 series -- it is their icon. OK, but the Cayman is a serious Porsche.. even my non-S with "only" 245 hp is scary-fast. I'm off to a trackday to let it stretch its legs even more.

    Sorry about the salesman -- try another dealer -- most of them are really professional.
  • I love this Cayman!! That statement in and of itself means little, so let me give you a background info.

    I owned 2000 Aston Martin DB-7 Volante
    2003 Jaguar XKR
    2005 Audi A-8
    2006 Lexus G350 (hate it) lol

    I have also owned Ferrari's, previous 911's, 928 Prosche, 944 Turbo....well..a lot of cars over the years. The Cayman out-handles every 911 for most drivers., The weight distribution is 50-50, making us amateurs able to drive like pros. GT3/Turbo,GT2m, etc...they can handle well too.but you better know what yoyu are doing and you work a hell of a lot harder. The Cayman beat the Turbo on 12 mile test track, because it can pull .94g on skid pad test, whereas the TT only pulls .91 g.

    Consider this (as i did). In our daily driving expereince, are you aiming to go 200 mph around town, or woudl you prefer to have the safety of the best handling car? The Cayman is no slouch, it does 0-60 under 5.0 seconds (in most TESTS, it does it in 4.6 - 4.8). It has top end of 171. (which we will probably rarely use). But when i can take corners marked 10 MPH at 75.thats FUN!

    A word of caution, an interesting note. I have the Alcantara headliner in mine. It rattles. I went to the dealership and checked every car that has similar upgraded ($1,600) headliiner. They ALL rattle. IN the standard headliner, it is foam insulated. WHen you upgrade, they take out the foam, wrap leather around some fiber board, and then stick it back up into the roof. Now, with each bump, the board hits the internal roof beams. It is irritating as hell. The mecahnic told me Porsche has problems with adhesives to keep it in place. I will take the car somewhere and have this fixed.....but in the future, I would NEVER again order the car with the Alcantara headliner...leave it stock!

    Also, as high priced as options seem when you order the car from Porsche, if you think you will ever want them, then GET THEM NOW! For example....Porsche wants $8,800 for the composite ceramic brakes. Seems like a lot. If later you decide you want them, they will cost you $18,000 before installation! I have MOST of my interior peices painted out black, but not the door handle surrounds. I want to add that. WHen ordering, the cost woudl have been $560. I cant find anyone to do it now for less then $2,500.

    The ALL red tailights and stainless steel exhausts i recommend highly. At first I thought the all red tailights was silly waste of money. They have really grown on me. They look hot!

    Good luck!
  • I just bought my Cayman S. Porsche has all features as add ons, so it's a huge pain to get exactly what you want without doing a special order. If you do a S.O., you don't get the discount.

    I am very happy with the unexpected options (sport seats, PASM, thicker leather steering wheel) but wish I had waited for automatic seats and steering wheel radio controls. But these are minor things.

    Also, I insisted on the Bose upgrade (($950) which was a complete waste of my money. I am having the entire thing taken out this week and replaced. In addition, I opted for aftermarket Nav. You can get a great after market system that looks factory installed with real time trafic, XM radio, Ipod, etc. The quality if much better than Porsche.

    I also got dealer Clear Bra. The C.B. is great, but I now realize I pay 3xs the price. I'm going to get more put on but through a different facility.

    In terms of price, I saved more than 50% of the diference between sticker and invoice. I believe it was $800 + 50% the difference.
  • clemboclembo Posts: 253
    Congratulations. I hope you enjoy your Cayman as much as I do. It makes me smile every time I drive it.
  • RamiRami Posts: 2
    Looks like no one has posted to this forum for a while. I was hoping to find out some information on actual prices paid. Here in the Bay Area dealers are typically offering $10k off MSRP, in fact they are even advertising it. In looking at inventory levels, it looks like Caymans are moving, but it seems nobody wants a Cayman S. As we head toward year end, and with the new body and engine tweaks for 2009, I think the deals will be better. A Porsche is always a second or third car and given the economic news, folks are not spending as freely as they once did. My guess is that with declining sales in the US, more Porsches will be finding their way to other countries. But for now, the deals are good and getting better for Porsches.

    And if anybody is reading and has actually purchased a Cayman, please let us know!
  • madmanmoomadmanmoo Posts: 2,039
    Those prices are on executive demos with a few miles on them. That pricing is not available on brand new Caymans. They don't have that kind of markup.
  • donc6donc6 Posts: 16
    yea.. this forum is not well attended... I never view -- but the system alerts of a message.
    The forum you want to visit is: caymanclub.net. It is very, very active and has a whole section on buying/leasing. $10K off MSRP is about right -- especially now. I bought my Cayman at Fremont, a 2007 model, and didn't get that kind of deal, but the dealers are likely having a difficult time with the economy AND the 2009 models are on their way. I find it interesting that you are seeing the CaymanS models not moving -- that is just backwards from a year ago... Most everyone spent the extra 10K for the S... though I went with the 2.7 Cayman.
    As you consider the Caymand vs. Cayman S, you can find a lot of comparisions on the caymanclub.net site -- with the CS folks noting that the extra 50 hp and torque is worth the money, and the 2.7 folks noting that you get to use more of the car for daily driving and the extra $10K in you pocket is nice.

    I can vouch for the 2.7 being very entertaining for daily driving, and... is also very entertaining on the track -- I've tracked the car at Thunderhill (north of Sacramento, off interstate 5.). When you get your Porsche and get past the 2000 mile break in period, you just have to do a "Driver Education" event at Thunderhill -- more fun than you can believe.

    Best wishes... Don
  • kmanskmans Posts: 20
    Rami you are wrong and I tried to give you information to help you but the site admins wouldn't let me so at this point you are on your own to search for that information elsewhere on the web because you won't find it here... nuff said...
  • nyccarguynyccarguy Stamford, CTPosts: 7,464
    How are those executive demo Caymans? Are they really "good as new?" Do you see any of them come back with major problems (clutch...)?

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • madmanmoomadmanmoo Posts: 2,039
    They are in excellent condition. The ability to drive a new Porsche is a perk for the executives. They come back in great condition. No abuse, only the occasional nick or cut from backing into something. I think they are the best buys on the lot.

    I have not seen any come back with major problems.
  • the lowest I have heard is about 10-12K off MSRP. anyone getting better deal than that?
  • donc6donc6 Posts: 16
    Again check onto caymanclub.net for a very active web site. The best advice has been not to focus only on price make sure you get the model you want with the options you want and then evaluate the price. If you can get the model you want etc for $10K off take it and run.

    You will regret a car without the oprions you want even if $15K off
  • I've been shopping for a Porsche since the summer. I first drove the Cayman then the Boxster. I loved both of them, but was leaning toward the Boxster, because it was a bit less and convertible. I held off buying as the economic news worsened and I saw prices dropping. I started to keep track of the cars I was looking at and you can see how much they are dropping. I'm mainly interested in a used Cayman as the depreciation on a two year old car is around $20 - $30K. I paid $30K for my Mazda RX-8 in 2004.

    http://mannyljr.typepad.com/lizardslair/2008/12/best-in-price-porsche-cayman.htm- l
  • what are the current lease deals on an 09 cayman? i'm looking to get a basic one (pdk, heat, ipod, bluetooth) around 52-53k off of 58 msrp. zero down, 10k.
  • donc6donc6 Posts: 16
    I'm not familiar with lease arrangements.. suggest you visit "Caymanclub.net" or "PorschePlanet" -- the best blog for Cayman, bar none.
    When I bought my '07 base 2.7, I paid 52K from the 56K MSRP.. but that was then... I'd say that your only problem will be that your spec is a bit unique -- e.g. base with PDK...I don't know how many of them are out there... clearly the S with PDK will be a hot setup..

    good luck.. D
  • thanks for the feedback.

    i've already posted on planetporsche.net and not much has come from it. the spec that i listed is a common base dealer order or what is left of the rather small amount of 09s produced. i'd like bi-xenon and climate control as well, but they're hard to find.
  • Just took the plunge on a Black on Black Cayman Base and wanted to add my transaction to this forum since there haven't been any posts in a few months.

    MSRP: 57,270
    Sales price: 50,247

    Most dealers that I called were offering 8-12% discounts right off the batt on the phone.

    I leased the vehicle. If you're interested in seeing the specifics of the lease deal, see this post in the Leasing questions forum.
  • dwpcdwpc Posts: 159
    I'm looking at leasing a new 09 Cayman and would appreciate an idea of current Nov 09 pricing by dealers for new Caymans, especially in So CA. Are they still discounting as heavily as earlier in the year?
  • hannabhannab Posts: 21
    In a Costco auto program email, it lists a $6,000 dealer to incentive sometimes called "trunk money" on '09 Caymans & Cayman S. Edmunds does not list it, but does have the 1.9% finance offer. CarMan can yo confirm? Thanks
  • kmanskmans Posts: 20
    Yes Porsche has both trunk money and 1.9% financing through January and given that sales are still down (except for the new Panamera) dealerships should be willing to deal heavily on a 2009 car since the 2010's have arrived. Porsche has cut back production significantly so 2010 cars may be hard to find and harder to get discounts on, but still the incentives are there.
  • hannabhannab Posts: 21
    Thanks Kman, local do you know if the $6K trunk money and 1.9% finance can be combined? Local dealer I visited said no they cannot, however, it seems to me that a finance incentive to the customer should be independent of any incentives to from manufacturer to dealer
  • jcwemcjcwemc Posts: 2
    I have to believe this was a good deal. Base Cayman, 18" Cayman S wheels, heated seats, sound package plus, bluetooth, ipod connector, MSRP $54,965, paid $41,000. The dealer was desperate to get rid of it. Thoughts?
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