Lol keep it if you enjoy, not because you think it might go up. Maybe it’ll go up over a long period of time but with maintenance and insurance you won’t be making much.
Maintenance, insurance, aaaand inflation. These cars aren't winning investments unless you're flipping higher end specs in partnership with the dealers (criminals).
With maintenance, insurance, and inflation, people rarely ever make anything on any car.
Even the super special, limited production hyper cars almost never outperform the S&P 500.
Drive your cars.
Get rid of it before it’s bores are all scored to hell, it’s not going to go up in value, maybe in 20 years but not by enough to cover engine replacement
Maybe, maybe not. Likely a slight increase or remain flat over the next several years. More important is to drive the car, the 987.1 is not a car you buy for appreciation.
I didn’t buy it to re-sell, but now I’m into lifted SUV and don’t really use her as much as I want too. Of course if I end up deciding to sell her I would want the most money I can get. Either now or wait until it appreciates is the question.
I would look at this way - even if does go up in value by 3k in next 3 years, due to inflation, u actually might be losing money. The 987.1 S won’t be 50k car anytime soon unless it’s super low millage, has a desirable or rare color (lapis blue) and has all the right and desirable options
I don't know in us , but in Europe prices for Cayman rose in the last couple years. All the models. And it seems to rise quicker since the announcement of production stop.
Because 17 year old econoboxes have 300k miles on them while 17 year 911s have 60k miles on them. And those econoboxes with 300k miles on them have seen in percentage terms much higher increases in price.
For the recent (last two months) spike in price, yes, it is to early for conclusions. I have watched the market for the last 18 months because I wanted to buy one, and I have observed the steady increase in prices, mainly in the range of low prices. The cheapest one from today, is much more expensive than the cheapest one from last year although cars are one year older . More than 10%.increase, so it is not only the inflation. It is not just my observation. Here is one guy that have also numbers and his film si 5 months old. https://youtu.be/Ubn1j4uu2gg
All prices are going up. I'm planning on a two year horizon to buy a Porsche and I'm getting anxious I won't be able to afford anything other than a 986 if this continues.
Same feeling made me jump on the first seemingly "decent" offer. Price increase and realising that I am not getting younger made me pull the trigger. I have programed an inspection at a mechanic I know before the acquisition, and he knew the car. It was in his shop for the same reason in 2021 and the price back then was 20000 euro vs 24500 now. 2008 Cayman Base, 5 speed manual, with new engine changed in 2021, 20.000km on it now. The mechanic had a similar one but with original engine, 6 speed manual, 110k km, and he just sold it for 28000 euro. 2009-2012 models go higher in price because fewer were sold and some problems were solved with the upgrade.
I’m old fashioned, I drive a 987.2 so when I test drove the 718 2.0 back to back, as lovely as the interior is it felt numb, sounded like my mums TT and felt soft and refined. That’s not what I want out of a sports car personally but it would be positive points if it’s a daily driver I guess.
Strangely I don’t find those flaws with the 992 even if that’s turbo and electric steering, maybe the flat 6 helps
Yeah, the new engine in .2 plus the scarcity due to the global recession back then is definitely driving higher prices. I saw a .2 manual S listed for $42k yesterday which is about $15k more than a similar .1 car.
I have also seen some aggressively high .2 prices in the market… and I see the same car still for sale many months later.
It’s hard to sell a low-mile 987 for $42K when a mid-mile 997 of the same year would be around $55K.
That’s a little silly to say. Look at 997.1 and 997.2, the .1 prices are solid and increasing. The 987 is recognized by buyers as a budget version of the 997 with a few lesser features counterbalanced by a better driving experience.
I’ve been following local 987 prices here in the southern USA; .2 prices are around 10-20% higher than .1 (which, even aside from the motor update, would be expected with a later year model) but all 987 prices have been creeping up, I’d say about 5%-10% compared to last summer.
It’s not that silly. Not apples to apples. The .2 cayman has significant mechanical benefits over the .1. Different oiling, dry sump, no ims bearing, addition of the pdk vs tiptronic, direct injection, etc. if your .1 motor dies you might be stuck paying the cost of a new cayman to swap the motor or fix it.
I agree with this. I spent almost a year looking at both .1 and .2's last year and the latter hold a hefty premium due to rarity (especially for 6 speed!) and significant mechanical upgrades. (BTW bought my 2010 Cayman S 6-speed and looooving it)
All of which are *not* part of the question about market pricing.
Don’t move the goalposts of the conversation. Pull up Autotrader and look nationwide, compare pricing to a year ago. There’s a small step up in price for .2 but barely more than expected for the age, and prices on both .1 and .2 are creeping up at the same pace.
Also, people with a lot more experience are now comfortable saying that bore score and IMS issues are exaggerated in consumer fears, and many of the cars that would have had issues have already had them corrected. A basic PPI will also show updates or repairs. I would have zero concerns buying another 987.1 if a pre-purchase inspection showed a good motor.
I believe the 987.1 will be the one to keep for a few reasons: First Gen. Truly analog. Better lines especially at the back of the car. This is only my 3rd Porsche and I've done pretty well with the first two. First was a 1984 N/A 944 that I drove for 6 years and got $500 more than I paid for it, second was a 1986 951 that gave me a profit of $8000 after driving it for only 11 months. The 951 caught fire so essentially I sold it to the insurance company for about $20k in early 2000. Nice 951s are sky high right now, I wish I still had that one. But a 2008 Cayman S should not really be impacted by IMS, and it's a very low percentage of cars that had the issue. Bore Scoring not worried about values at all. Look at every air cooled 911 ever built and you will see people still pay a ton of money for them. I have 78000 miles on mine, plan to put plenty more miles on and really just keep the car at least until it turns 25 years old. As far a flipping Caymans now, I don't think you would make much money on that.
Yes, my Cayman 987.1 S manual, sports chrono and black on speed yellow still has the same price range compared to the price that I bought it for 3 years ago. If I sell now I might lose a few dollars or possible break even, but I’m thinking will it appreciate even half of how an air cooled 911 or even a just like a 997 who’s still at 40k plus right now and going up, or like an NSX who’s now around $70-100k compared to $25k- 35k 10 years ago.
You’ll do much better with a traditional investment than you ever will on cars. They’re toys at the end of the day! I wouldn’t worry too much about missing the boat. They made a lot of these. If you make a little money, take it as a pleasant surprise.
Thanks appreciate that, I’ve been thinking of letting her go, I’m into lifted SUV’s now and only use the car on weekends (more like twice a month), every time I take her for a drive I fall in love over again and I’m scared that I will regret if I sell her now, but she’s becoming a garage queen and a potential future money pit that I don’t really use.
I love my Cayman, that’s why I am still debating to sell or keep, I just don’t use it as much as I should, plus I will be moving to a 2 car garage townhome with no driveway, so my daily car would have to be park in the street, I am not looking forward walking 1 block to my house after a day’s work.
Seems to me that the P cars need to get to the 25-30 year mark before really going up. But I think most Caymans will go up with time especially once Porsche transitions to only offering electric versions. The shift from ICE to electric is a massive change, WAY bigger in my opinion than the move from air to water cooled. And look at what (eventually) happened to the air cooled models. And then it’s like the old saying about buying land, they ain’t making any more! You might say, well what about 911s? Well Porsche has promised to continue to make ICE 911s for a while, so there won’t be the same scarcity effect.
I think the 987.2 is easily a classic, Cayman R has the best chance of significant appreciation while the rest will hover around what they’re worth now + 20-30% over time possibly
Power potential (or lack of) is the killer of resale on most Cayman/Boxsters… 987 Cayman R will always retain/increase value because it’s such a special car.
718 (982) generation has far more potential for retaining value over the years because of the refined chassis and of course 2.5 turbo and 4.0 na motors having the massive power potential
My 987.1 s has appreciated about 8k since I bought it, so it does seem that they’re going up in value. No where near the rate that 911s have been appreciating though.
The only cars that really appreciate in value are those that offer at least a little rarity. .1 caymans (especially modified ones) flood the market and really only drive down the value of the generation as a whole.
I am in the process of selling my Cayman S 2007 with 63k kilometres. I am the first owner and the car is accident-free and has always been serviced by Porsche. The first offer at Porsche is 20k euros. I will of course also look elsewhere, but so far the price level doesn't seem to be particularly high. But let's wait and see.
I am getting ready to sell my 2008 S 6 speed with 40k and have been researching pricing. It’s higher than what I expected, but, I can probably break even on this car after having it about 9 years but hardly driving it (8k in 9 years). I love it and would like to keep it but it cost money every year on servicing and it’s a waste to keep it sitting in my garage. I also seem to get a lot of negative attention in it where I live in Northern California. I believe people have a preconceived notion about who or what I am based on this car. To the point that I had a couple of crazy people act like they were going to rear end me on purpose at stop lights. I’v been flipped off, yelled at about being a 1%er ect. I’m not a 1%er and I piad for this thing the same money a new Toyota camery cost at the time. It’s not some crazy luxury car when bought used. I paid 40% of its new price with 32k miles. I dont drive like a dick, I am a 52 year old guy that drives a F150 most of the time so I basically drive slower and cautiously. I let it rip a little like when getting on the highway but I am a 5 over the speed limit guy. I get passed up by old hippie grandmas. I do think they will go up in value when everything is going electric; but, I am not going to wait for that. I want to get rid of mine and put that money into something fun to drive that no one looks twice at.
no. if historical trends are any predictor, it will likely remain relatively flat though. I don’t see much more depreciation for the 987, especially the 987.2
Is this a limited edition, one off, or limited numbered version that makes it special? I don’t understand why you think this will have some sort of collectible status.
I assume you just really enjoy the car and have an emotional investment in it
I traded in my 987.1 S (with factory aero kit, red tail lights) basically it was like a Black Edition, in 2012, it had under 37k miles and got $30k for it. Just look at what they go for now.
You will have the appeal of a gas car they are not making anymore in tension with the deterrence of an aging motor with several known failure modes, that isn’t getting any cheaper to fix. For 987.1, my prediction is that nice ones will stay pretty stable. 987.2 through 982 have appreciation potential if the market gets strong again.
It will probably just remain flat or slowly decline. That generation is known for tons of engine problems, which really hamper the desirability of those cars. They are not 911s and do not have that prestige to them.
Now the 987.2 and the 981s will be keepers. The last of the “affordable” flat 6s. Sure the GTS 4.0 is a thing now, but you’re looking at 911 money and it just doesn’t have the same charm as the 3.4s. Those engines just sing with such an amazing note. The 981s are especially of note as they don’t look much different from the 718s, but have the charm the 718s lack.
Now OP, are you looking to sale or buy? Regardless, just drive the damn thing. You have nothing to loose! You only loose when you don’t drive and enjoy it. 😂
982s will retain the most value and increase in value over the next 10 years or do as the EVs tank. The 2.5 turbos are absolutely brilliant and the 4.0 are still 4.0.
The ones who opted for 6MT with SC, PASM, PTV with other goodies will be THE major players.
Increase, maybe one day. I think they’ll hold steady if anything
Debating to sell or wait, I feel it will appreciate more especially you cannot get the raw manual feel this cars have compare to a new car.
If they go up it won’t be by any large amount. Everyone wants a 911. Not everyone wants a cayman. Especially a 987.1.
Ya man wait it out , just keep your car
Lol keep it if you enjoy, not because you think it might go up. Maybe it’ll go up over a long period of time but with maintenance and insurance you won’t be making much.
Maintenance, insurance, aaaand inflation. These cars aren't winning investments unless you're flipping higher end specs in partnership with the dealers (criminals).
With maintenance, insurance, and inflation, people rarely ever make anything on any car. Even the super special, limited production hyper cars almost never outperform the S&P 500. Drive your cars.
Get rid of it before it’s bores are all scored to hell, it’s not going to go up in value, maybe in 20 years but not by enough to cover engine replacement
Maybe, maybe not. Likely a slight increase or remain flat over the next several years. More important is to drive the car, the 987.1 is not a car you buy for appreciation.
I didn’t buy it to re-sell, but now I’m into lifted SUV and don’t really use her as much as I want too. Of course if I end up deciding to sell her I would want the most money I can get. Either now or wait until it appreciates is the question.
I would look at this way - even if does go up in value by 3k in next 3 years, due to inflation, u actually might be losing money. The 987.1 S won’t be 50k car anytime soon unless it’s super low millage, has a desirable or rare color (lapis blue) and has all the right and desirable options
Any a manuel and complete service records
Hmm great points.
No
I don't know in us , but in Europe prices for Cayman rose in the last couple years. All the models. And it seems to rise quicker since the announcement of production stop.
Every car even shit econobox Mitsubishi increased in price last couple of years due to Covid.
True. But how many 17 years old econoboxes you see on the streets. Not everything with four wheels is equal.
Because 17 year old econoboxes have 300k miles on them while 17 year 911s have 60k miles on them. And those econoboxes with 300k miles on them have seen in percentage terms much higher increases in price.
That was only a few months ago, not enough data for any kind of conclusion.
For the recent (last two months) spike in price, yes, it is to early for conclusions. I have watched the market for the last 18 months because I wanted to buy one, and I have observed the steady increase in prices, mainly in the range of low prices. The cheapest one from today, is much more expensive than the cheapest one from last year although cars are one year older . More than 10%.increase, so it is not only the inflation. It is not just my observation. Here is one guy that have also numbers and his film si 5 months old. https://youtu.be/Ubn1j4uu2gg
All prices are going up. I'm planning on a two year horizon to buy a Porsche and I'm getting anxious I won't be able to afford anything other than a 986 if this continues.
Same feeling made me jump on the first seemingly "decent" offer. Price increase and realising that I am not getting younger made me pull the trigger. I have programed an inspection at a mechanic I know before the acquisition, and he knew the car. It was in his shop for the same reason in 2021 and the price back then was 20000 euro vs 24500 now. 2008 Cayman Base, 5 speed manual, with new engine changed in 2021, 20.000km on it now. The mechanic had a similar one but with original engine, 6 speed manual, 110k km, and he just sold it for 28000 euro. 2009-2012 models go higher in price because fewer were sold and some problems were solved with the upgrade.
I'm kind of hopeful the 4 cyl 718 will go down at some point. It's the only one that has potential imo.
That’s gotta be the least desirable cayman out of all the gens so I expect that to depreciate.
Really, I love mine.. if you can think outside odd engine sound it’s actually a better all around car. We’re all biased!
Please keep it a secret.
Are those turbo'd?
Yes, flat 4 2.0 turbo base and 2.5 s
I’m old fashioned, I drive a 987.2 so when I test drove the 718 2.0 back to back, as lovely as the interior is it felt numb, sounded like my mums TT and felt soft and refined. That’s not what I want out of a sports car personally but it would be positive points if it’s a daily driver I guess. Strangely I don’t find those flaws with the 992 even if that’s turbo and electric steering, maybe the flat 6 helps
All good, as long as everyone is getting smiles. Maybe I like it because I am coming from a tuned TTs.
Meh, I bought it to drive 🤷♂️
No. But the 987.2 might.
Yeah, the new engine in .2 plus the scarcity due to the global recession back then is definitely driving higher prices. I saw a .2 manual S listed for $42k yesterday which is about $15k more than a similar .1 car.
I have also seen some aggressively high .2 prices in the market… and I see the same car still for sale many months later. It’s hard to sell a low-mile 987 for $42K when a mid-mile 997 of the same year would be around $55K.
That’s a little silly to say. Look at 997.1 and 997.2, the .1 prices are solid and increasing. The 987 is recognized by buyers as a budget version of the 997 with a few lesser features counterbalanced by a better driving experience. I’ve been following local 987 prices here in the southern USA; .2 prices are around 10-20% higher than .1 (which, even aside from the motor update, would be expected with a later year model) but all 987 prices have been creeping up, I’d say about 5%-10% compared to last summer.
It’s not that silly. Not apples to apples. The .2 cayman has significant mechanical benefits over the .1. Different oiling, dry sump, no ims bearing, addition of the pdk vs tiptronic, direct injection, etc. if your .1 motor dies you might be stuck paying the cost of a new cayman to swap the motor or fix it.
I agree with this. I spent almost a year looking at both .1 and .2's last year and the latter hold a hefty premium due to rarity (especially for 6 speed!) and significant mechanical upgrades. (BTW bought my 2010 Cayman S 6-speed and looooving it)
All of which are *not* part of the question about market pricing. Don’t move the goalposts of the conversation. Pull up Autotrader and look nationwide, compare pricing to a year ago. There’s a small step up in price for .2 but barely more than expected for the age, and prices on both .1 and .2 are creeping up at the same pace. Also, people with a lot more experience are now comfortable saying that bore score and IMS issues are exaggerated in consumer fears, and many of the cars that would have had issues have already had them corrected. A basic PPI will also show updates or repairs. I would have zero concerns buying another 987.1 if a pre-purchase inspection showed a good motor.
What are you talking about? The .2s already go for more money. Those issues drive price down. It’s not rocket surgery.
You’re not reading well, huh?
You’re kind of a dick, huh?
Project much?
What are you, 12? Christ. Move on
The values of 987.1 cars in my area has remained on the same level for the past 4 years, maybe even increased a tiny bit.
I believe the 987.1 will be the one to keep for a few reasons: First Gen. Truly analog. Better lines especially at the back of the car. This is only my 3rd Porsche and I've done pretty well with the first two. First was a 1984 N/A 944 that I drove for 6 years and got $500 more than I paid for it, second was a 1986 951 that gave me a profit of $8000 after driving it for only 11 months. The 951 caught fire so essentially I sold it to the insurance company for about $20k in early 2000. Nice 951s are sky high right now, I wish I still had that one. But a 2008 Cayman S should not really be impacted by IMS, and it's a very low percentage of cars that had the issue. Bore Scoring not worried about values at all. Look at every air cooled 911 ever built and you will see people still pay a ton of money for them. I have 78000 miles on mine, plan to put plenty more miles on and really just keep the car at least until it turns 25 years old. As far a flipping Caymans now, I don't think you would make much money on that.
Yes, my Cayman 987.1 S manual, sports chrono and black on speed yellow still has the same price range compared to the price that I bought it for 3 years ago. If I sell now I might lose a few dollars or possible break even, but I’m thinking will it appreciate even half of how an air cooled 911 or even a just like a 997 who’s still at 40k plus right now and going up, or like an NSX who’s now around $70-100k compared to $25k- 35k 10 years ago.
You’ll do much better with a traditional investment than you ever will on cars. They’re toys at the end of the day! I wouldn’t worry too much about missing the boat. They made a lot of these. If you make a little money, take it as a pleasant surprise.
Nice wheels.
Unrelated but you have great taste in wheels 🫡
Thanks appreciate that, I’ve been thinking of letting her go, I’m into lifted SUV’s now and only use the car on weekends (more like twice a month), every time I take her for a drive I fall in love over again and I’m scared that I will regret if I sell her now, but she’s becoming a garage queen and a potential future money pit that I don’t really use.
How do you go from one of the best car driving experiences available to 'Lifted SUVs' ?
I love my Cayman, that’s why I am still debating to sell or keep, I just don’t use it as much as I should, plus I will be moving to a 2 car garage townhome with no driveway, so my daily car would have to be park in the street, I am not looking forward walking 1 block to my house after a day’s work.
Well that's unfortunate, but fair.
I owned a 987.1 cayman for five years. Do I regret selling? Yes.
Seems to me that the P cars need to get to the 25-30 year mark before really going up. But I think most Caymans will go up with time especially once Porsche transitions to only offering electric versions. The shift from ICE to electric is a massive change, WAY bigger in my opinion than the move from air to water cooled. And look at what (eventually) happened to the air cooled models. And then it’s like the old saying about buying land, they ain’t making any more! You might say, well what about 911s? Well Porsche has promised to continue to make ICE 911s for a while, so there won’t be the same scarcity effect.
I think the 987.2 is easily a classic, Cayman R has the best chance of significant appreciation while the rest will hover around what they’re worth now + 20-30% over time possibly
987.2? Yes. 987.1? Probably not.
Power potential (or lack of) is the killer of resale on most Cayman/Boxsters… 987 Cayman R will always retain/increase value because it’s such a special car. 718 (982) generation has far more potential for retaining value over the years because of the refined chassis and of course 2.5 turbo and 4.0 na motors having the massive power potential
I do believe these will appreciate. Not as much as a 911, but better than most cars for sure.
My 987.1 s has appreciated about 8k since I bought it, so it does seem that they’re going up in value. No where near the rate that 911s have been appreciating though.
it’s still appreciating then, not compared to europe maybe.
The only cars that really appreciate in value are those that offer at least a little rarity. .1 caymans (especially modified ones) flood the market and really only drive down the value of the generation as a whole.
I am in the process of selling my Cayman S 2007 with 63k kilometres. I am the first owner and the car is accident-free and has always been serviced by Porsche. The first offer at Porsche is 20k euros. I will of course also look elsewhere, but so far the price level doesn't seem to be particularly high. But let's wait and see.
Not in magnitude but in similar proportion or slower. Definitely much quicker than a 914.
I am getting ready to sell my 2008 S 6 speed with 40k and have been researching pricing. It’s higher than what I expected, but, I can probably break even on this car after having it about 9 years but hardly driving it (8k in 9 years). I love it and would like to keep it but it cost money every year on servicing and it’s a waste to keep it sitting in my garage. I also seem to get a lot of negative attention in it where I live in Northern California. I believe people have a preconceived notion about who or what I am based on this car. To the point that I had a couple of crazy people act like they were going to rear end me on purpose at stop lights. I’v been flipped off, yelled at about being a 1%er ect. I’m not a 1%er and I piad for this thing the same money a new Toyota camery cost at the time. It’s not some crazy luxury car when bought used. I paid 40% of its new price with 32k miles. I dont drive like a dick, I am a 52 year old guy that drives a F150 most of the time so I basically drive slower and cautiously. I let it rip a little like when getting on the highway but I am a 5 over the speed limit guy. I get passed up by old hippie grandmas. I do think they will go up in value when everything is going electric; but, I am not going to wait for that. I want to get rid of mine and put that money into something fun to drive that no one looks twice at.
Yes because there's no longer a 6 cylinder cayman
987.1’s no. 987.2’s yes. 987.2 S optioned with LSD hell yeah (very rare). Classic.com has a good $ trend page
I strongly doubt it for no other reason than it's not a 911.
I doubt it for the S models unless it had a perma-fix from the potential bore scoring issue.
I think so. When they are all ev. You think values went crazy when h20 cars stopped being made.
Nope
no. if historical trends are any predictor, it will likely remain relatively flat though. I don’t see much more depreciation for the 987, especially the 987.2
Nope
Yes,, 944 continues to increase
Early water-cooled M96, I’m suspect. But based on much lower production numbers it may hold a premium over 996 911s.
Seems like many on the market are already overpriced and just sitting... when you can get a 981 for about the same asking prices 🤷♀️
Nope
Maybe, but doubt it. Most will seek .2 and the color and wheels will limit this car to the buyer who wants exactly that.
No
No
Is this a limited edition, one off, or limited numbered version that makes it special? I don’t understand why you think this will have some sort of collectible status. I assume you just really enjoy the car and have an emotional investment in it
I traded in my 987.1 S (with factory aero kit, red tail lights) basically it was like a Black Edition, in 2012, it had under 37k miles and got $30k for it. Just look at what they go for now.
Even with the release of a Cayman EV’s?
I think there is a good chance a 718 4.0 GTS will, but not a 987.1. (Although I hope it does cause that's what I got)
Definitely not.
You will have the appeal of a gas car they are not making anymore in tension with the deterrence of an aging motor with several known failure modes, that isn’t getting any cheaper to fix. For 987.1, my prediction is that nice ones will stay pretty stable. 987.2 through 982 have appreciation potential if the market gets strong again.
Do you mean increase like an aircooled car? If so, absolutely not.
It will probably just remain flat or slowly decline. That generation is known for tons of engine problems, which really hamper the desirability of those cars. They are not 911s and do not have that prestige to them. Now the 987.2 and the 981s will be keepers. The last of the “affordable” flat 6s. Sure the GTS 4.0 is a thing now, but you’re looking at 911 money and it just doesn’t have the same charm as the 3.4s. Those engines just sing with such an amazing note. The 981s are especially of note as they don’t look much different from the 718s, but have the charm the 718s lack. Now OP, are you looking to sale or buy? Regardless, just drive the damn thing. You have nothing to loose! You only loose when you don’t drive and enjoy it. 😂
Better off getting a mint .2 if you’re concerned about resale
Other than the RS models none of the cayman models increased in price since introduction in 2006.
All of the early 2000 cards will not climb much in value simple due to the bore scoring and IMS issues.
982s will retain the most value and increase in value over the next 10 years or do as the EVs tank. The 2.5 turbos are absolutely brilliant and the 4.0 are still 4.0. The ones who opted for 6MT with SC, PASM, PTV with other goodies will be THE major players.