981 Cayman S 2014 - Page 1 - Boxster/Cayman - PistonHeads UK

Hi guys, I bought the above vehicle brand new from OPC Solihull and have just done 20000 miles. It is high specification Basalt Black with Luxor Beige/Black interior. My question is related to depreciation, the car listed at £66k but I would assume given the mileage I would realise about £40k from it. Looking at older vehicles and the model before would it make sense to keep it for at least another year as I would assume the depreciation will flatten? Thanks in advance

Wow. £26k of depreciation is over £1k a month. I always *believed* Porsche had low depreciation until I owned a gen II CS for 19 months and only got back £34k (19k on the clock. Paid £51k for it).

I thought that too but given I use the car everyday a lot of them are only driven infrequently so I think £40k is what it is worth objectively.

Got mine from Solihull in Oct'13, also listed about £65k. Only just crossed 10k miles, but I suspect mine is only worth that or maybe £2k more? Secondhand prices in general seem steady enough, so maybe keep it another couple of years to flatten out the drop pa? I am 'intending' a 10 yr cycle for this one, so expect to see £5k pa loss at the end of it all?

nsm3 said: Got mine from Solihull in Oct'13, also listed about £65k. Only just crossed 10k miles, but I suspect mine is only worth that or maybe £2k more? Secondhand prices in general seem steady enough, so maybe keep it another couple of years to flatten out the drop pa? I am 'intending' a 10 yr cycle for this one, so expect to see £5k pa loss at the end of it all? You might do better than £5k pa if you really do keep it 10 years, especially given the new ones will be turbo fours. My 987.1S will be 10 in March; 87k miles, paid £49.5k, probably worth about £12k trade? I agree that all modern non-GT Pork tends to lose quite a bit in the first couple of years. The flipside of greater availability/affordability. But we're only here once, and Caymans are terrific things to drive.

Yeah fair enough I'm actually thinking of keeping her regardless and then just working hard to pay for something else anyway - should have an M2 in April!

Good plan - that's what I've done as well, I've got an 09-reg M3 saloon accompanying the 06-reg Cayman S with another car on the way. Enjoy the M2 when it arrives!

mc_blue said: My question is related to depreciation, the car listed at £66k but I would assume given the mileage I would realise about £40k from it. Sounds about right to me. It's just a fact of life that new cars depreciate - but nothing like as badly as clothes, furniture and jewellery. Not forgetting those shiny £10k watches advertised in car magazines!! Despite the supposed "PH wisdom" that cars are unsalable unless they are loaded with options, the normal situation is that "extras" depreciate faster than the car to which they are attached.

Ozzie Osmond said: Despite the supposed "PH wisdom" that cars are unsalable unless they are loaded with options, the normal situation is that "extras" depreciate faster than the car to which they are attached. I think the wisdom is simplistic. If Parkers (paid for) prices are to be believed extras are not created equal. Certainly I'd say some - like PCM, PSE and 20" wheels are sought after and hence retain more of their value than others. Some of the more esoteric trim options, probably PTS in most cases are worth relatively little. But over the long term a base spec car is probably the best investment.

The best "investment" --- is surely a car that somebody else has turned from new into secondhand ? I appreciate that the specification may not be perfect, but new or secondhand is just one more choice that everybody can make for themselves. We can see the expected depreciation in this example. I wonder what the depreciation would be for a second owner keeping the car for the same time and mileage ? Service costs should be the same --- so it's the new owners choice of warranty or "to be paid for" repairs ?? This is why for me, engineering integrity is fundamental --- and an example of the damage done by the Porsche water-cooled 'Gen 1' issues --- which appear to have been resolved with the Gen2 9A1 ? engines ---

ChrisW. said: The best "investment" --- is surely a car that somebody else has turned from new into secondhand ? True - but whether new or secondhand I think the points I made are valid - a base car will depreciate least, but may be harder to sell.

bcr5784 said: Ozzie Osmond said: Despite the supposed "PH wisdom" that cars are unsalable unless they are loaded with options, the normal situation is that "extras" depreciate faster than the car to which they are attached. I think the wisdom is simplistic. If Parkers (paid for) prices are to be believed extras are not created equal. Certainly I'd say some - like PCM, PSE and 20" wheels are sought after and hence retain more of their value than others. Some of the more esoteric trim options, probably PTS in most cases are worth relatively little. But over the long term a base spec car is probably the best investment. All Oz said was that options depreciate faster than the overall car, which is quite true irrespective of any variance between options. I agree with you that base makes more financial sense but I would also apply that short term.