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Porsche Cayman Prices Paid and Buying Experience

122 messages,  Last post on Nov 08, 2009 at 11:08 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Porsche Cayman, Porsche Cayman S, Car Leasing, Car Buying, Coupe


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#54 of 122
Re: Porsche Cayman: Prices Paid & Buying Experience [kyfdx] by kelf
Sep 11, 2007 (5:11 pm)
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Replying to: kyfdx (Dec 27, 2006 6:58 pm)

Any 2008 model specific ordering, pricing and discount experiences?
#55 of 122
I'm looking for some guidance buying a Cayman... by falite
Sep 14, 2007 (9:26 pm)
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Hello...Ive never owned a Porsche but really like the Cayman. Im looking for some sound advice for a GOOD BUYING EXPERIENCE!!
  1. Should I shoot for around 10% off MSRP?
  2. Can my friends out there give me a breakdown of their buying experience, ie MSRP, what you actually paid, how much you put down, monthly cost, what you might do differently...thanks so much!!!
#56 of 122
Re: I'm looking for some guidance buying a Cayman... [falite] by habitat1
Sep 15, 2007 (3:16 am)
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Replying to: falite (Sep 14, 2007 9:26 pm)

A few suggestions:
 
(1) If you are ready to buy now, and want the best price, scour dealer inventories for leftover 2007's in the colors and options you want. You can get a list of all dealers within up to a 300 mile radius of your zip code via. Porsche's website (find a dealer tab): Porsche USA
 
(2) 9-10% off an in-stock 2007 Cayman would be a very good deal. 5-7% off a made to order 2008 would be a good deal. This is from my experience in my area (DC), it varies by geography.
 
(3) Study the option list via Edmunds and the Porsche brochures. It's a mile long and many of the options are excessive, IMO. Especially if you are trying to stay within a budget and want to have good resale value. Rather than load up a base Cayman with expensive options, I suggest considering a Cayman S with minimal options. The 295 hp Cayman S (and Boxster S) is a significantly elevated driving experience from the base model, IMO.
 
(4) I paid cash for my 911S, so I can't help you with financing suggestions. But, from what I've heard, Porsche leases are rather expensive (compared to say, BMW) and they offer little, if any, financing subsidies.
 
(5) What I'd do differently: Stop procrastinating on taking Porsche's Performance Driving School. Everyone I know that has taken the 2 day course says it adds considerably to their ownership experience.
#57 of 122
Re: I'm looking for some guidance buying a Cayman... [habitat1] by falite
Sep 16, 2007 (6:23 am)
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Replying to: habitat1 (Sep 15, 2007 3:16 am)

thanks for the info!
#58 of 122
Re: I'm looking for some guidance buying a Cayman... [falite] by ringleader6
Sep 16, 2007 (4:18 pm)
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Replying to: falite (Sep 14, 2007 9:26 pm)

I do not know what part of the country you are in, but the highest discounts generally offered are in the southeast. There are two Atlanta dealers who are extremely competitive as Porsche USA is also located in Atlanta. Bought my Cayman S there. The cars are ported nearby also, so they can do a lot of allocation swapping. Generally the west coast dealers offer the smallest discounts because of demand and allocation limitation.
 
I have purchased both new Caymans and Carreras, presently drive a 2007 Carrera S2 which was purchased from Brumos in Jax. They are Porsches number one dealer, not in units, but overall. They also have their own driving school at the Gainesville raceway, which comes at no charge with a purchase and instruction is by one of Porsche's race drivers. Highly reccomended. Porsches school is in Birmingham, Barber race track, also highly recommended, but not at no cost.
 
You should expect discounts in the range of 6-7%. I do not know of a 10% deal, but I had a dealer in South Carolina offer 9% on an order. Unless you want something exotic, or heavily optioned, you should be able to locate the car you want. I really do not think it matters which dealer you buy from, they all want your service business. You should surf the Porsche website for the individual dealers, and you can check their inventory. Bear in mind some of the inventory may have been sold, but this list also shows cars for the dealer which may have not been ported. If not ported, it can be transferred to another dealer before being trucked. So you can buy a west coast car on the east coast without double shipping.
 
You should give careful thought to the options on these cars, as they all are extremely expensive and you will not recover on trade or resale. One item which may affect your discount is if you want an automatic, as Porsche only makes a dribble of allocation for automatics.
 
Color choice is the most limiting on these cars, if you like silver or black, that is about half the inventories and also bring the highest dollar on trade.
#59 of 122
Re: Porsche Cayman: Prices Paid & Buying Experience [kyfdx] by ydv
Sep 17, 2007 (9:50 am)
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Replying to: kyfdx (Dec 27, 2006 6:58 pm)

I am trying to decide between a 911 carrera and cayman s. A demo or slightly used carrera (07) is mid 70s it seems while a new cayman s is mid 60s or so (maybe a little less).
 
curious to hear peoples thoughts on this.
#60 of 122
Re: Porsche Cayman: Prices Paid & Buying Experience [ydv] by donc6
Sep 17, 2007 (11:59 am)
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Replying to: ydv (Sep 17, 2007 9:50 am)

a nice problem to have. I don't recall the MSRP for '07 Carrera.. but at mid 70's, I wonder how "slightly" used the car really is. In any event, I bought a Cayman 2.7 (the extra 5-8K wasn't in my budget-- and I already heard all the arguments why no one should settle for the 2.7, please) and didn't even look for an equivalent priced 911 becasue I knew it would be really "used". But frankly, I liked the body style, mid engined layout and ability to carry luggage that a carrera wouldn't handle well, e.g. two bags of golf clubs. So, for me, the decision was easy -- the handling and utility of the Cayman trumped status of the Carrera. Now, if the Cayman wouldn't have taken the golf clubs, I hate to think what I would have ended up with !!
Don
#61 of 122
Re: Porsche Cayman: Prices Paid & Buying Experience [ydv] by ringleader6
Sep 17, 2007 (3:31 pm)
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Replying to: ydv (Sep 17, 2007 9:50 am)

Do not compare the used 911 to the Cayman unless the 911 is certified. A Porsche certified actually has a better warranty than a new Porsche. Porsche does not charge for this, but the dealers will try to add additional cost, so negeotiate this. If the extra 10 grand is not an issue, the 911 is the obvious choice. You will more than recover in trade or resale. The jump seats and the extra shoulder room is the difference, the seats will recline in the 911, but cannot in the Cayman. I have both, and the difference is there. Plus, if you are vain, the Cayman is a wanna be 911.
#62 of 122
Re: I'm looking for some guidance buying a Cayman... [ringleader6] by falite
Sep 17, 2007 (5:36 pm)
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Replying to: ringleader6 (Sep 16, 2007 4:18 pm)

I'm located north of Atlanta...what 2 Atlanta dealers were you referring to?
 I'm assuming you felt the extra 10k for the Cayman S was worth it...I haven't driven either one yet...is the extra HP a noticeable difference?
Thanks
#63 of 122
Re: Porsche Cayman: Prices Paid & Buying Experience [ydv] by habitat1
Sep 18, 2007 (1:29 pm)
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Replying to: ydv (Sep 17, 2007 9:50 am)

Two years ago, I had to decide between a Boxster S and 911 Cab. I went with the 911 for a lot of reasons, not the least of which was because it could handle my entire family (wife, two daughters 7 & 10 at the time). I also went for the Carerra S which was considerably more powerful than the then 3.2 liter 280 hp Boxster S. Even though in my case, the premium was more like $37,000, I have never looked back with any regrets.
 
However, if you are single and/or don't ever anticipate using the rear seat for passengers, a 3.4 liter 295 h.p. Cayman S is a heck of a nice car, too.
 
Hard to go wrong, either way.

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