Porsche Cayman Best-in-Price

Shopping for a Cayman right now reveals a buyer's market. $6000 and $7000 discounts are not unique any longer. I got to drive a base 2007 Cayman on Wednesday. Gery at Pioneer Porsche in San Diego called me to tell me they just got in a 2007 Black on Black Cayman in trade and I said I'd come up to see it that day. The car hadn't been detailed yet, it was so fresh. The base Cayman's 17 inch wheels are not attractive. Black on Black seems so boring. It was lightly optioned, 14K miles, CPO, $36900, drove nice. This was my first drive in a base Cayman. I've driven mostly Boxsters, both S and base. The S models are so much more fun. I don't want to describe a drive in my hopefully soon to be Porsche Cayman S, as "nice". I want to say it was great!

Yesterday, I drove a 2006 Cayman S, Gray with black interior. Outside it looked great, though I could tell the front bumper was repainted. Otherwise it looked flawless. The interior was clean, but the driver's seat had a small tear halfway down the side. I've seen this damage before. It's caused by the seat belt not retracting when you exit the car. I've seen damage to the seats and sometimes the inside doorwell. I'm certain some dealers have repaired these things under warranty. The car was listed at $36,998. It had a sticker for another $1000 off on the window when I got to the dealer. I told the salesman that I wanted a closer look and could he unlock the doors. Once inside, he offered to let me test drive. YES! Turning it on rewarded me with the deep rumble of the Porsche Boxer engine. When I pulled out of the driveway and immediately accelerated, I felt my heart skip and I uttered, "Whoah!". It'd been months since my last test drive of a Cayman and it immediately brought back the feeling of why I hold the Cayman S in such high regard. I didn't get a chance to experience the handling, but the power felt good. Personally, I would offer $32,000 if I was ready to buy.

I'm holding out for a 2007 Cayman S, Sand Biege interior, a dark metallic exterior, optioned nicely, CPO for under $40K. I think I will find one or more of these dream bargains in a month or two. Unlike the housing market, where the used home values are expected to start appreciating eventually, used cars only depriciate until they become collector cars. Caymans will have to be around for a whole lot longer to reach that status. It barely was introduced in 2006. There are no "old" Caymans around. Prices will continue to drop expectedly all year long. The new S models boast 25 extra hp to boost it to 320 hp!

I appreciate the feedback through comments and e-mails on my blog. One of my visitors asked about Cayman pricing, so here it is.

UPDATE: It's been a couple of months since I last updated this page, so I just added two new listings. One of the blog visitors sent me an e-mail requesting the contact info on a couple of the cars on this page. Those cars are not around any longer, but I put 2 new listings that matched what my reader wanted. My goal in writing my price research as a blog, was to help others in their negotiations with their local dealers or private sellers. By being an informed shopper, you'll know when a good deal is offered or know what kind of discount to ask for.

UPDATE 5-30-09: About a month between updates. I've been very seriously thinking of a new Nissan 370Z. For $40K, I can get Caymanesque performance in a new car, for half of what a new Cayman would cast me.

UPDATE 6-25-09: Prices have stabilized for the most part. So updating isn't as important anymore. All the cars listed were available and advertised at these prices. If you are shopping and find Caymans priced higher, you should use these are your starting point in offering to buy. Doing so will save you $1000's. It's still a buyer's market, there's still a lot of padding in these used car prices. My new best '07 Cayman S's listing came out yesterday. A great price of $33,995. The best price I had ever seen listed. As I check my saved car list just before blogging, I see it's new price $36,995, $3000 difference. I wish I was ready to buy right now, because I would offer $33000 and I'm sure I'd get it.

Best Overall – 2008 Porsche Cayman S

2008 Porsche Cayman S, 3K miles - $44,900

Best 2006 Porsche Cayman S

2006 Cayman S, 14K miles, Yellow (oh well) - $31,991

Best 2007 Porsche Cayman

2007 Cayman, 25K miles - $28900!

Best 2007 Cayman S

2007 Cayman S, 21K miles - $33,995

Best 2007 Cayman - Certified Pre-Owned

2007 Porsche Cayman, Certified Pre-Owned, 28K miles - $32,995

Best 2007 Porsche Cayman S, Certified Pre-Owned

2007 Cayman S, 8K miles, Certified Pre-Owned - $38,995

2008 Porsche Cayman

2008 Cayman, 5K miles - $34,900

2008 Cayman, 12K miles - $37900

Best 2008 Porsche Cayman S

2008 Cayman S, 9K miles - $43,687

Comments

[Van Sales]

I visited this blog first time and found it very interesting and informative.. Keep up the good work thanks..

[Manuel Lizarraga, Jr.]

Thanks Van for the compliment. Just curious, how did you come across my blog and that page?