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Porsche Cayman S

295 messages,  Last post on Aug 04, 2009 at 7:01 AM

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What is this discussion about? Porsche Cayman S, Coupe, Convertible


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#205 of 295
Cayman for commuting by dieseltaylor
Dec 10, 2006 (12:54 pm)
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I bought a Basalt Metallic Black 2.7 with the 18" wheels, Xenon headlights, all leather, PCM and 'phone, and 6 CD stack.
 
Makes me smile every time I am in the car. I think we are on 3400 miles in 8 weeks and its so pleasurable to drive. Regarding the 911 I have no doubt that within a couple of years the Caymen will be the 911 replacement as a racer. It is already awesome around the Nurburgring and adding the LSD and upping the power will see it beating 911's no problem.
 
And to think its got 20 year build quality : ) Incidentally the Valmet factory is laying off workers this week so Porsche may be taking a view that it will preserve price and cachet by building less of them.
#206 of 295
Re: Cayman for commuting [dieseltaylor] by spiritinthesky
Dec 10, 2006 (3:24 pm)
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Replying to: dieseltaylor (Dec 10, 2006 12:54 pm)

"Regarding the 911 I have no doubt that within a couple of years the Caymen will be the 911 replacement as a racer. It is already awesome around the Nurburgring and adding the LSD and upping the power will see it beating 911's no problem."
 
Since we are among friends here who share a passion for Porsche, I won't fault you for your prediction. But I will suggest you don't hold your breath. The 911 is, after all, only 40 years old and has variants that run from $70k to the $200k GT2. No matter how many physics professors have suggested to Porsche that they stop breaking the laws and come up with a mid engine design for their flagship, they have been stubbornly hanging in there with the 911 and making more profit per car than any other manufacturer, period.
 
When I was at the plant in September, I asked the very question of whether or not the Cayman was destined to be, in a more powerful form, the 911 racer replacement. Thankfully, my Turbo was already in production, or they would have kicked me out of the waiting line. I'm not defending the rear engine vs. mid engine layout. Personally, if that was the only question, I'd prefer the latter. But purely from a financial perspective, the Cayman is, so far, only a footnote to the 911 in sales and profitability. My dealer sold out his first allocation of Cayman S's 6 months in advance. He's now sitting with an "uncomfortably high" inventory of both base and S models. So I would have to agree with redsoxgirl, the initial infatuation has worn off rather quickly. That doesn't diminish the fact that it is a very nice car, but if the reaction I got in Stuttgart was any indication, the 911 will remain the Porsche flagship (racing and otherwise) until all I can drive is a wheelchair.
#207 of 295
Re: Cayman for commuting [spiritinthesky] by fedlawman
Dec 10, 2006 (3:44 pm)
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Replying to: spiritinthesky (Dec 10, 2006 3:24 pm)

For the record, the mid-engined Carrera GT is the Porsche flagship.
#208 of 295
Re: Cayman for commuting [fedlawman] by habitat1
Dec 11, 2006 (11:25 am)
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Replying to: fedlawman (Dec 10, 2006 3:44 pm)

"For the record, the mid-engined Carrera GT is the Porsche flagship."
 
For the record, the Carerra GT was the most expensive road legal Porsche. From Wikipedia:
 
Originally, a production run of 1,500 cars was slated. But Porsche announced in August, 2005 that it would not continue production of the Carrera GT throughout 2006. Porsche announced that this discontinuation was due to changing airbag regulations in the US. However, reports of diminishing sales volumes, relatively high dealer inventory levels, and dealer discounts below MSRP were reported by the automotive press as being the true factors driving an early end to the production run.
 
So if you are using price as a surrogate for "flagship", it is currently the 911 Turbo. But I think most people would look at the Carerra GT as more of an interesting experiment than a company flagship. You need more than Jay Leno and a few hundred other near billionares to be waving a flagship for it to be seen by the poor masses like us.
#209 of 295
Wow several inaccuracies going around here... by kmans
Dec 11, 2006 (12:01 pm)
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First Item - C2S is faster than Cayman S around the track. Well let's see an engine with 60 more hp and a car that costs $30K more. Surprisingly enough if you ask Hurley Haywood at the Porsche Driving Experience he will tell you that he prefers the Cayman S and that he can turn laps times in the Cayman S on par with the 997 C2S (and faster than the base 997). If you dump $6K into your Cayman S in modifications you can easily outrun the 997 C2S for still $24K LESS in price - source CaymanClub.Net
 
Second Item - While the Cayman S did set a sales record for any Porsche sports car at any time ever built in its first month of release demand has dropped from the initial spike but has held steady for the last 6 months. Meanwhile the demand for both the Cayenne and the 997 has fallen off (exception being the recently released turbo and GT3). The Cayman's monthly sales figures are publicly available for your review - source CaymanClub.Net
 
Will the Cayman replace the 911 as the factory race car? No - not accordingly to Wolfgang Porsche who said that while the engineers at Porsche recognize that it would be superior race car on the track and would beat the 911, Porsche management will not allow that to happen. He went on to suggest that if the Cayman were raced in an event where they did not compete head to head with the 911 that Porsche would consider backing such an event but he suspected that it would have to be a grass roots effort initially. - source CaymanClub.Net
 
As I said in a previous post if you are deciding between a Cayman and a 997, choose the one that best fits your style and preferences but have no preconceived notions that just because you pay more for something that it is in some way a superior car. Deciding between those two is like deciding between two supermodels to take to dinner, is there really a wrong choice?
#210 of 295
Re: Cayman for commuting [habitat1] by fedlawman
Dec 11, 2006 (5:04 pm)
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Replying to: habitat1 (Dec 11, 2006 11:25 am)

I define a "flagship" as a model that possesses the best that a company has to offer (finest quality parts, latest technology, highest level of performance, highest price/exclusivity, etc.)
 
I didn't know the Carerra GT is no longer in production, so I stand corrected. It was the flagship.
#211 of 295
2007 Cayman Preferred Package w/Tiptronic and Arctic Silver Metallic Lease by porcheinterest
Dec 12, 2006 (3:52 pm)
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Selling Price is $51,500
MSRP is $55,795
Money Factor is .00310.
Lease terms 36 MONTHS 12k miles per year
Intial money out of pocket $3,988
Monthly Payments is $737
 
Is this a good deal?
#212 of 295
Re: 2007 Cayman Preferred Package w/Tiptronic and Arctic Silver Metallic Lease [porcheinterest] by bgsntth
Dec 12, 2006 (4:33 pm)
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Replying to: porcheinterest (Dec 12, 2006 3:52 pm)

That seems a little steep. If you look on the base Cayman thread, it seems like myself and another chap got better deals. Mine's a 2yr/20K, so its not a straight comparison, but I did get significantly more off of MSRP. I copied my info below from the referenced thread:
 
MSRP: $54,350
Gross Cap: $47,650
Cap Cost Reduction: $ 2,174
Residual: $40,0185.70
License: $359
Doc Prep: $790 (!)
Monthly before Tax: $498.82
Drive-off with 1st month: $4,038
MF: I belive it works out to about 7.5%
#213 of 295
Re: 2007 Cayman Preferred Package w/Tiptronic and Arctic Silver Metallic Lease [bgsntth] by porcheinterest
Dec 12, 2006 (6:57 pm)
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Replying to: bgsntth (Dec 12, 2006 4:33 pm)

Hi bgsntth,
 
Thank you the information you provided. What really is Cap Cost Reduction? Do dealers disclose that information?
 
And by the way, what dealership did you get you car from?
#214 of 295
Re: 2007 Cayman Preferred Package w/Tiptronic and Arctic Silver Metallic Lease [porcheinterest] by habitat1
Dec 13, 2006 (5:26 am)
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Replying to: porcheinterest (Dec 12, 2006 3:52 pm)

I've never leased, so am by no means knowledgeable about what is a good or not good deal. However, in today's Wall Street Journal, there is an advertisement by Princeton Porsche for a new base Cayman lease:
 
MSRP $50,965
39 month, 10k miles per year ($.30 per mile over)
Intitial total out of pocket due $4,639
Payments: $399/month
 
By my simple math, if you amortized 100% of the entire additional cost of your options $4,800 ($123/month) over the lease term and added 2,000 miles a year $0.30 to the payment ($50/month) and added the difference in intial payment to the lease ($651 = 17/month), it would appear that the equivalent 39 month lease from Princeton on the car you want at 12k miles per year and with a $3998 initial payment would only be about $589 per month.
 
$4,000 up front and $737 for a base Caymen seems like an extraordinary amount. I know it's not a fair comparison, but I could sell my fully loaded 2005 911S Cabriolet at 15 months and 11.5k miles for about $10-12k less than I paid for it (new, cash sale). I did get a great discount up front ($10k), but the current discounts on a Cayman S are even greater in percentage terms.

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