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Porsche Cayman Prices Paid and Buying Experience

112 messages,  Last post on Aug 15, 2008 at 5:38 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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#78 of 112
Re: Just how good a deal is this? [trewquis] by habitat1
Oct 30, 2007 (8:53 am)
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Replying to: trewquis (Oct 27, 2007 4:35 pm)

$7,200 off sounds like an extremely good deal if it is a brand new car (not demo). I would have thought 10-11% off (i.e. $5,500+/-) on a leftover brand new 2007 would be a very good deal.
 
Be forwarned however, that the Cayman S is a real sports car and the TT is more of a sporty coupe. If you want the former, you will never consider a TT again after a test drive. I know Audi tried to go on a diet, but depending upon the configuration, the TT can still weigh as much as the Cayman S with an large Cape Buffalo sitting in the passenger seat. I think you beter make sure what kind of car you want before you cross shop these two. They are at different ends of the spectrum of two seaters.
#79 of 112
Re: Just how good a deal is this? [habitat1] by donc6
Oct 30, 2007 (9:40 am)
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Replying to: habitat1 (Oct 30, 2007 8:53 am)

A $7200 discount is a good deal as long as you like the color and accessories... probably really wants this car off the lot. the discount may reflect a heavily loaded car.. but, forget the TT... you'll love the Cayman!
#80 of 112
Re: Just how good a deal is this? [donc6] by trewquis
Oct 30, 2007 (6:50 pm)
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Replying to: donc6 (Oct 30, 2007 9:40 am)

Actually had the numbers off a bit, the sticker is $54,110 so actually over a $9,000 discount. It's an '07 and has 150 miles on it, to me that is new. The only significant option is the preferred plus package which gives you the Bose stereo, that's nice, the other stuff I don't really care about. The color is red with black interior, the same as my current car, so obviously I like it. I'm keeping the old one for foul weather and the like, so red and black will be my team colors. The one thing it doesn't have that I'd like is an i-pod adapter (hate shuffling CDs) but that's not even an option.
 
Drove it, it's great. Worried some about practicality issues so opted for the lesser commitment of a three year lease. Got the standard Porsche MF which is lousy, and acq fee, but they upped the resid 3% over standard which was nice. So I'm looking at a depreciation of only $12K or so. I've agreed to $0 down. I know people usually say it is a bad idea to do cap reduction, but with the lousy MF and the small depreciation, does it make sense in this case? I'm due to sign and pick up tomorrow so I can still play with the terms.
 
It gets shockingly good mileage - save the planet, drive a Porsche. Insurance was reasonable too. Downside, I have to pay the annual state personal property tax and the assessed "value" will most likely be closer to MSRP.
#81 of 112
2007 Cayman S by topspin
Dec 20, 2007 (10:19 pm)
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$10,000 off 2007 Cayman S a good deal?
#82 of 112
Re: 2007 Cayman S [topspin] by kyfdx HOST
Dec 21, 2007 (5:25 am)
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Replying to: topspin (Dec 20, 2007 10:19 pm)

Is it new? Or, service loaner/demo?
#83 of 112
Re: 2007 Cayman S [kyfdx] by topspin
Dec 21, 2007 (9:15 am)
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Replying to: kyfdx (Dec 21, 2007 5:25 am)

It's new with ~150 miles MSRP $63,000
#84 of 112
Re: Just how good a deal is this? [trewquis] by donc6
Dec 21, 2007 (3:08 pm)
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Replying to: trewquis (Oct 30, 2007 6:50 pm)

I've commented on this recently in the Caymanclub.net website.. a really good one BTW. But, since the lots are full of 2008's now, the key thing is whether the car has the options that you want/are happy with. The discount is good, but 2007's are a bother to dealers right now. The only other thing to inquire about is when did they "punch" the begining of the waranty period -- it may have already started and you will not get the full time period.
 
But.. if the car is what you like.. go for it..
#85 of 112
Re: 2007 Cayman S [topspin] by kyfdx HOST
Dec 21, 2007 (8:58 pm)
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Replying to: topspin (Dec 21, 2007 9:15 am)

$10K off a relatively unladen Boxster S seems like a pretty good deal..
 
Personally, I think the lower-priced S-models are a better deal.. I've seen '07 models with sticker prices as high as $72K+...
 
The caveat about the warranty is a good one..
 
That is a lot of car for $53K.. As noted above.. if it is the one you want, it looks like a good deal..
#86 of 112
Shop around! by john200
Dec 26, 2007 (5:05 pm)
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I never really felt I was getting the whole story from my local Porsche salesman when we talked leasing a '08 Cayman. I put some refundable money down to hold a red Cayman for 24 hours, then I called several Porshe dealers in N.C. to see what they had.
 
I did feel that a couple of other dealers were more willing to deal. They both had similarly equiped Caymans. And honestly, I would have purchased the car from one of these other dealers (even 150 miles away) in N.C. after these talks. All this resulted in second thoughts and me pulling back. A good thing.
 
In general, I don't feel Porsche has very good leasing programs and I was struck by how few dealers were willing to seriously negotiate, especially late in the year. Two months later and I still see the same cars sitting on the lots.
 
I did not appreciate the pressure sales tactics and vague quotes from my local Porsche salesman. I have leased two BMW's and two Audi's and never felt uneasy. My experiences were great with them. This time, I felt I was at the local Nissan dealer. I know this was most likely the salesman's personal tact, but his tact did make me investigate dealers as far as 200 miles away for a better deal and I spoke to most of them. There also seems to be just a little too much erogance from some, not all, Porsche salesmen. Ya, it's a Porsche, I get it! Ooooo!
 
As I said, don't let your Porsche dealer tell you these cars are going fast and you need to act now and that's why they won't deal. They may not deal (their mistake), but by using Porsche's dealer locator feature on the Porsche web site you can see what each dealer has in inventory, some with pictures. Two months later I am looking at pretty much the very same inventory. Very little has moved. There's even a bunch of '07's on the lots.
 
The result... I pulled back, took my refundable deposit back and decided to wait. Which led me to leasing an '08 Audi Q7 a couple of weeks later to replace my wife's Allroad. I plan on going back next year, shopping all the N.C. Porsche dealers. The best deal wins guys. No B.S! I expected Porsche dealers to be a little classier than this most recent experience.
#87 of 112
Re: Shop around! [john200] by madmanmoo
Dec 26, 2007 (5:22 pm)
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Replying to: john200 (Dec 26, 2007 5:05 pm)

I came very close to getting Cayman in November, but as usually, my wife jumped in and we ended up getting the "practical car", an Audi Q7 3.6 Premium to replace her Allroad.
 
Well, which is it? What queered the deal? The dealership or your wife?
 
-MOO

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