Found a 981 Cayman Any Comments - Page 2 - Boxster/Cayman - PistonHeads UK

Looking for a Cayman, I had a 2.7 987 Cayman earlier in the year but sold it on as there were rust issues. I have seen this 981 S: https://www.ebay.co.uk/itm/325885077231?hash=item4... Obviously it could be a sod to sell on with cat n and the high mileage. Any comments appreciated before I approach the seller.

Cat N with 155,000 miles on it for £18.5k? Just doesn't make sense to me. I reckon sub 100k mile 981s will be close to £20k soon, not all, but one or two. Couple have sold for £23-24k recently.

Ed.Neumann said: Cat N with 155,000 miles on it for £18.5k? Just doesn't make sense to me. I reckon sub 100k mile 981s will be close to £20k soon, not all, but one or two. Couple have sold for £23-24k recently. Tbanks Ed, the market for this must be tiny. I emailed the vendor saying get an MOT and I will make an offer, but I was going to hit him low. I was just reading about the cost of a 981 PDK replacement, put me off a bit to say the least. 987.1 2.7 for me I think when I can find the right one.

Ed.Neumann said: Cat N with 155,000 miles on it for £18.5k? Just doesn't make sense to me. I reckon sub 100k mile 981s will be close to £20k soon, not all, but one or two. Couple have sold for £23-24k recently. My 2014 2.7 PDK is at 64k and under £20k from WBAC. Never damaged or stolen. OPC offered £21,500 if I'd wanted to p/ex against a Macan (they wanted to buy it). I'm NOT selling. Keep an eye on Autotrader. Follow the cars you like for a few weeks then if still there offer low, especially any private sales. I played with buying a 987 in 2014 but bought the 981 instead. I much prefer it. PDK very rarely fails or gives any issues. Built for 250k miles iirc.

DJMC said: My 2014 2.7 PDK is at 64k and under £20k from WBAC. Never damaged or stolen. OPC offered £21,500 if I'd wanted to p/ex against a Macan (they wanted to buy it). I'm NOT selling. Keep an eye on Autotrader. Follow the cars you like for a few weeks then if still there offer low, especially any private sales. I played with buying a 987 in 2014 but bought the 981 instead. I much prefer it. PDK very rarely fails or gives any issues. Built for 250k miles iirc. Don't rely on WBAC as a barometer of what a car is worth. At the moment they are being cut throat in the current market. I drove a high miles 981 PDK a few months back. I was very impressed they are well built and don't show the miles. As already said PDK is robust, the odd seal can leak (easy replacement) but its worth checking the transmission fluid and filter pan has been changed (@120K/12yrs) and the clutch fluid every 60k.

Armitage.Shanks said: Don't rely on WBAC as a barometer of what a car is worth. At the moment they are being cut throat in the current market. I drove a high miles 981 PDK a few months back. I was very impressed they are well built and don't show the miles. As already said PDK is robust, the odd seal can leak (easy replacement) but its worth checking the transmission fluid and filter pan has been changed (@120K/12yrs) and the clutch fluid every 60k. Agreed. Mine still feels like it's worth (to me) its £54k price when new. I did toy with doing the p/ex, having a change after 8 years' ownership, but I couldn't see anything remotely as good. It's just the perfect car for me. Wife is in love with her new Macan S.

lost in espace said: Tbanks Ed, the market for this must be tiny. I emailed the vendor saying get an MOT and I will make an offer, but I was going to hit him low. I was just reading about the cost of a 981 PDK replacement, put me off a bit to say the least. 987.1 2.7 for me I think when I can find the right one. I would also much rather a lower mileage 2.7 car. I was pretty impressed with the 2.7 when I took one out. I was expecting it to feel a bit lethargic, nothing of the kind. I wouldn't be put off by PDK either. It really does work well with them. I would happily have either on any 911 or Cayman.

Armitage.Shanks said: Don't rely on WBAC as a barometer of what a car is worth. At the moment they are being cut throat in the current market. Agreed. Earlier this year I sold my 718 Cayman to the original supplying OPC for over £7.5k more than WBAC could offer. WBAC came back the following week with an even lower offer. They are working on gullibility and desperation among sellers as far as I can see. Their margin would have been ridiculous if I had chosen to sell to them - I bet the OPC that bought it made over 15% when they sold it. Liam

Ed.Neumann said: I would also much rather a lower mileage 2.7 car. I was pretty impressed with the 2.7 when I took one out. I was expecting it to feel a bit lethargic, nothing of the kind. I wouldn't be put off by PDK either. It really does work well with them. I would happily have either on any 911 or Cayman. Agreed. I have an S but totally get the argument for a base 981. The 2.7 is a great match on British roads - you get to use more of it more often. Yes, it’s a fair bit down on power, but there’s a lot of enjoyment to be had eeking it out. I’d look out for a keenly priced 2.7 over the winter, rather than a ropey 155k CAT N S model.

If you fancy a 2.7 at a good price you could reach out to this chap to see if the car is still available. https://www.ebay.co.uk/itm/126104251171 I went to see it and it drove well and overall quite presentable - some old rubber on the wheels, the usual issue with the top of the headlamps, front end painted to get rid of stone chips (expected at that mileage). I was ready to deal but went a different route in the end. I ideally wanted an S but having driven the 2.7 PDK I decided it was more than enough and the exhaust note was good enough for me not to get hung up over no PSE.

Armitage.Shanks said: If you fancy a 2.7 at a good price you could reach out to this chap to see if the car is still available. https://www.ebay.co.uk/itm/126104251171 I went to see it and it drove well and overall quite presentable - some old rubber on the wheels, the usual issue with the top of the headlamps, front end painted to get rid of stone chips (expected at that mileage). I was ready to deal but went a different route in the end. I ideally wanted an S but having driven the 2.7 PDK I decided it was more than enough and the exhaust note was good enough for me not to get hung up over no PSE. Same car here, but no eBay fees for him to pay: https://www.facebook.com/marketplace/item/34307104...

Armitage.Shanks said: Don't rely on WBAC as a barometer of what a car is worth. At the moment they are being cut throat in the current market. Would suggest that a good barometer is exactly what WBAC is. It doesn't tell you exactly what number you can expect to sell for privately in a reasonable transaction, albeit it provides something of a bare minimum backstop. What it does tell you is by how much the market has moved. If WBAC's offer moves by a given percentage over a certain timeframe, then (the odd temporary anomaly aside) you can be confident that's what the market has done. They have access to very, very good data and their offers reflect the prices traders are actually willing to pay. So, there's little to no lag in pricing, quite unlike, say, classified ads in a falling market which tend to be populated by lots of vendors who haven't woken up to reality and are setting their prices for a market that no longer exists.

That is true, but a year or so ago WBAC was paying more for Pork than most specialists and even many OPCs. They do tend to like to play the non risk game though, so only pay a lot more than others when they know they will not get their fingers burnt, as soon as things are not so sure they start pulling back and letting others take the gamble.

anonymous said: [redacted] You obviously missed the point of what I posted. But wasn't aware people are free to set prices on their own cars. Handy info!

Ed.Neumann said: They do tend to like to play the non risk game though, so only pay a lot more than others when they know they will not get their fingers burnt, as soon as things are not so sure they start pulling back and letting others take the gamble. It's all data driven. They're not doing things in a qualitative fashion when they "know they won't get their fingers burned" . The prices they offer are driven by hammer prices at BAC auctions. They tend to be ahead of other players in the market simply through volume and access to timely data. They know what traders at scale are paying for cars in real time. Of course, they can't actually be ahead of the market itself, so even WBAC is not immune to getting caught out by market movements to an extent. But as and when they are paying more for Porsches than OPCs, which does happen, it's because their auction data shows the trade are paying more for cars at auction and they will know that before the likes of OPC are aware.

esixtythree said: It's all data driven. They're not doing things in a qualitative fashion when they "know they won't get their fingers burned" . The prices they offer are driven by hammer prices at BAC auctions. They tend to be ahead of other players in the market simply through volume and access to timely data. They know what traders at scale are paying for cars in real time. Of course, they can't actually be ahead of the market itself, so even WBAC is not immune to getting caught out by market movements to an extent. But as and when they are paying more for Porsches than OPCs, which does happen, it's because their auction data shows the trade are paying more for cars at auction and they will know that before the likes of OPC are aware. Yeah of course. I don't understand why people get all upset when WBAC values are mentioned. If you are thinking of selling and WBAC is bidding you far less than any dealer, sell to the dealer quick sharp because they will be bidding you the same or less as soon as they catch up with what is really happening out there. Dealers are the last last places to judge prices on, their prices are based on what they paid for the car, not what it is worth. (When prices are falling anyway)

Thanks everyone for the comments, most helpful. The vendor said he had now put a new MOT on it, and was looking for offer close to £18,500 as he could get that as a PX. I am not sure I believe this, WBAC is £12,700 from memory not that I expect this to sell for that. I had a similar issue with a very nice racing yellow specced Boxster 981 advertised for £27k, it was local and when I got in touch he said he had offers for £28k and wanted more or he would sell in the spring. Well there is lost interest to account for if you wait for one thing and you are close to another service I suppose, and you have to tax and insure it. I am still tempted by the one I posted, but the advert wording just doesn't ring true about "trade in next week" to my mind.

I wouldn’t buy the story of matching the trade price. If trade will offer anything close to what you’ll accept privately, you’d absolutely just sell directly to the trade to save all the pissing about that private selling consists of.

Can anyone hazard a guess at what sensible mileage poverty spec 981 Cayman 2.7 manuals will be going for next summer - or indeed this winter? Don't give a stuff about full leather as I got on fine with alcantara seats in my 987. A sports exhaust would be nice though.

WayOutWest said: Can anyone hazard a guess at what sensible mileage poverty spec 981 Cayman 2.7 manuals will be going for next summer - or indeed this winter? Don't give a stuff about full leather as I got on fine with alcantara seats in my 987. A sports exhaust would be nice though. Guess? £18kish? However, that is the sort of car people will want when they are jumping out of their more expensive metal. Many who are on PCP paying £600-700 a month for a car now, won't want to pay £1000 to stay in it longer or £1400 to jump into another new one. Let's be honest, You can get 90% of the fun in a base Cayman as you can in a base 992 for 20% of the price. And there is something very satisfying about enjoying a car that is paid for and was so cheap you don't need to worry about mileage etc. So, rather than buy a 922, many will use the £20k deposit they were going to put down on it to buy something outright to ride out the next few years. 981 is perfect for that.

Ed.Neumann said: Guess? £18kish? However, that is the sort of car people will want when they are jumping out of their more expensive metal. Many who are on PCP paying £600-700 a month for a car now, won't want to pay £1000 to stay in it longer or £1400 to jump into another new one. Let's be honest, You can get 90% of the fun in a base Cayman as you can in a base 992 for 20% of the price. And there is something very satisfying about enjoying a car that is paid for and was so cheap you don't need to worry about mileage etc. So, rather than buy a 922, many will use the £20k deposit they were going to put down on it to buy something outright to ride out the next few years. 981 is perfect for that. £18k really? I will have to track prices more keenly. The last time I looked was over a year ago and they were mid to high 20s. Also curious to compare to 987.2 Cayman S prices as they were also in the mid 20s when I was last looking.

Yeah, don't think they will be any less than that, but reckon they could be there. There are a couple of nice looking ones out there now for £22-23k, but then that is almost what they were going for 4 years ago. I was going to look at a really nice agate grey one with PASM and PSE with 50k miles on it back in early 2020 which was £24k and then lockdown hit, so didn't bother. Then prices started to go silly. So, seeing them at £18-19k as they hit 10 years old seems pretty reasonable.

esixtythree said: Armitage.Shanks said: Don't rely on WBAC as a barometer of what a car is worth. At the moment they are being cut throat in the current market. Would suggest that a good barometer is exactly what WBAC is. It doesn't tell you exactly what number you can expect to sell for privately in a reasonable transaction, albeit it provides something of a bare minimum backstop. What it does tell you is by how much the market has moved. If WBAC's offer moves by a given percentage over a certain timeframe, then (the odd temporary anomaly aside) you can be confident that's what the market has done. They have access to very, very good data and their offers reflect the prices traders are actually willing to pay. So, there's little to no lag in pricing, quite unlike, say, classified ads in a falling market which tend to be populated by lots of vendors who haven't woken up to reality and are setting their prices for a market that no longer exists. Let me just say that the WBAC valuation on my GT4 was £35k. I ended up selling it private for nearly double that and was offered £60k for it by an OPC. That's why I don't trust the barometer. For your average snotters it might be more on point.

Armitage.Shanks said: Let me just say that the WBAC valuation on my GT4 was £35k. I ended up selling it private for nearly double that and was offered £60k for it by an OPC. That's why I don't trust the barometer. For your average snotters it might be more on point. I don't think they want snotters either. What they want is top selling cars that are ideally at an age where there are going to be few issues, as that is what those at the auction want too. Anything outside of that and they will bid, because...well they are called We Buy ANY Car, but will let you know if they want your car or not with that bid. BCA doesn't have that many Porsche days either. So I would imagine that what they bit on GT product depends if it is going into a Porsche sale or whether it will be going through on a normal 'prestige' sale. They really do try and play it safe, but still struggle and get things wrong, £140,000,000 loss last year across the group. I would imagine that huge loss has certainly changed the way they think at the moment?

anonymous said: [redacted] I'll leave it there so that this thread doesn't go off track any further.