Market Slowdown | Why a Porsche Cayman is Still a Financially Savvy Purchase
Depreciation is one of the major costs that comes with owning a sports car and some models are notorious for crazy high depreciation rates, costing owners tens and thousands of dollars. The Porsche cayman is one of them, but even in this market, there are some premature sign of cracking price trends.
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The Porsche Cayman market softened slightly compared to february but that it still very much belongs to the group markets that outperformed the general market. If you are shopping in this segment and care about depreciation, it is hard to ignore the cayman. It is one the most financially savy purchases you can make. Values decreased by an average of 2.7% excluding the GT4 RS and this is less than the market average. GT4s were even flat during last year, after they bounced back from correction in the second half of 2022.
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.
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ICE Cayman values only going up in the future once Porsche stops ICE and moves to 100% EV Caymans. I’m sure the EVs will be faster but they will never provide the same driving experience!
Just depreciated my GTS 4.0 to the tune of 650 miles today. Pure joy! Thanks for the market update!
It's good to know prices are keeping steady, but no one is taking my 981 Cayman S off me. Im driving that thing into the ground.
Paid £30k for a fully loaded 981S, already worth 15-20% more. The 718 line up is being phased out . Very few good flat 6.
I have 2 points to make:
718 GTS is the best bang for buck Porsche. Can’t wait for when the full EV next gen is revealed so prices can appreciate on the ICE models or at least remain steady and hold their value.
Thank you! That's great news. I'll keep my ruby red 987.1 5spd base as it's so much fun on the twisty back roads around here. 😃
I'd be curious to see the breakdown of manual vs PDK Caymans (if possible). Just an idea for the next one. 👍
We have a 987R and will not sell it for $150k
I just took delivery of a 24 caymen gts manual!!!
THanks for this update on the Cayman!
Love your reviews and analysis brother keep up the good work. Have to return back to the 718 spyder and lotus emira in the US market.
YESSSSS been hoping for this for months, I hope you cover the GT4 as well! Starting now.
Great vids as always! How about an update on the Shelby GT350?
I got my base 981 at the start of 2024. The previous owner originally bought it mid covid at an inflated value and lost of 25% of its value in 2 years. Im glad I got once the market settled down.
I’ve been watching the Cayman market for 3 years and this is spot on. Carried over inventory is spiking in 2024. Even still, dealers aren’t cutting prices on 987.2s. I’m fairly certain when they sell after 90 days, they are being discounted at the negotiation table, but not publicly. This is keeping prices artificially flat when they are actually coming down.
Thanks!
Thanks for the videos!
Very interesting market analysis.Question, if you state 5% depreciation in 1 year what assumption on mileage for that year do you make.Also does your analysis apply to UK. Thanks