IS THE PORSCHE CAYMAN 987 A FUTURE CLASSIC? | Prices Going Up | Buying a 987.1 | Time To Buy
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- เผยแพร่เมื่อ 21 ก.ย. 2024
- Is it now time to buy a Porsche Cayman 987.1 before the values of the cars goes up in price. I am sure the Porsche Cayman 987.1 is a future classic if it is not already a classic. I bought my 987.1 S back in July 2020 and in this video I am going to cover some of the prices of the cars online in 2021 and how much I have found they have gone up by. I thought I paid quite a lot for my Cayman S but as it was a low milage car I felt it was worth it. I have noticed that over the last year and during lockdown the prices have rocketed of all Caymans including the 987.1 and 987.2 cars.
I have made a point in this video of explaining I am not a motor trader, expert or a financial advisor and that these are just some of the things I have found online. I think whichever way you look at the Cayman being a future classic car there is no denying that the prices are increasing at a rapid rate and now may be a good time to buy in to the 987.1 before it is too late.
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Joe 😊
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It's so true that you can't know how good these cars are until you drive them.
Yup. It was mocked on UK Top Gear in the dat for being a Cosxter. Nothing wrong with a Boxster and a fixed roof.
Great video... It's a proper drivers car and a timeless design from Pinky Lai. 987.1 first generation- the car that all other Caymans have evolved from. It's safe money for the future IMO.
Providing mine doesn’t blow up first😂
@@JoeTalksCars I think they call it "investing" 😀
@@1530swimmer 😂😂
Here I am in Nov 2021 and you way underestimated the value of your car. You called it Months before Demuro brought it up as well. As a 987.2 Cayman owner I say keep rising! I hope prices skyrocket!
Great video. Subscribing
Very optimistic and would love to agree. Definitely gone up, perhaps not much as you stated. Checked out mine and most similar is going for £16,750 and I got mine for £10k, but I honestly do not think I could get that asking price, maybe get £13 to £15k. I’ve only had mine 18 months and love it to bits. I think the cayman bottomed out at £10k and is increasing just like the original boxster which bottomed out at around £5k and now is around £7k. All pointless as we have no urgency to sell, these are keepers, especially the 987.1. Great informative vid
Cars seem to be selling but agreed it’s all a bit optimistic! I’m hoping they hit 20k then if I need a rebuild it will be worth doing!
Nice to know will have to check out my 2.7 2006 cayman bought it 3 years ago for £13.800 is got 70 thousand miles on now be doing 4 thousand miles a year since I got it and I love it 👍
It’s amazing how much they are now. The 2.7 are so expensive! I looked at a few around 10k but now they are 12-13k plus!
"5000 is about the average for a Cayman in a year."
Me, sitting here after a month and a bit having put 2500 miles on it 😬
Also I reckon that we're not going to hit electric cars only for a very long time. My thought is that we're going to be using hybrids most of the time, with sports car owners going around in 3 cylinder forced induction monsters with batteries to supplement. So the flat 6 of today, will be a twin turbo 3 cylinder hybrid in the future.
Nice!! That’s a good effort! Most barely do 5 🤣🤣
I hear ya...I've put 1,900 on mine in a little over 3 months and I started to worry.
It's very hard to explain, other than the post pandemic market. I have a 2006 S with 98k miles on it but super clean and never had an issue other than new wheels and fixing an electrical issue right after I bought it. (Which Porsche did at almost no charge). I have people come up to my driveway and ask me if I want to sell her. Mind you, I don't even have a for sale sign nor do I want to. A very special car indeed.
I got offered money the other week! It’s mad isn’t it! I’m hoping they they keep rising, nice to have a car not lose money for once. I have no intention of selling, would love a 911 turbo s at some point tho. The Porsche bug has well and truly bitten me! Love hearing about cars like yours with nearly 100k on it! They way it’s meant to be, drive it, add fuel and repeat!
@@JoeTalksCars my 2.7 is just coming up to 127,000 miles, it's been my every day transport for the last 9 years, summer and winter. I've got two sets of wheels, 17" with winter tyres, 18" with summer tyres. I decided early on to do my own servicing and maintenance where I could as I have no intention of selling.
Is the Porsche Cayman 987 a *FUTURE* Classic? No... it's *ALREADY* a classic. The label is just playing catch-up with what we already know ;-)
Love it! So true! The looks you get in this thing 15 years on, people love it. Thanks for the comment, love watching all your videos!
Great video Joe ! These cars will be continue to go up in value people know what's good I think the 6 speed box will be the golden egg
I think you will be right, the Tiptronic will always be worth a little less, looking at the 911 turbos the tip is always a little cheaper but not loads cheaper
This gen one costs 55k GBP in Thailand. Apparently the UK market has to keep up!
Wow! That’s insane!! Might just keep it for a few more years
R’s are now selling starting with a 5 in the price. As a test, since the first lockdown, I have monitored the quotes for my R from WeBuyAnyCar, and it has risen by £13,000 in 18months. It’s all gone bonkers
Madness! The R is one hell of a car tho!! What an investment!
Same here in Australia, my Cayman 987.1 went up about 30% in one year :)
Mad isn’t it! I can’t see them falling either
I've been looking to buy a Cayman S for the last 3 to 4 months and they price for them has gone up by 2-3K. Now looking a the 2.9L Cayman both
Bought my cayman S over 2 years ago now - defo worth more than when I bought it, only use it as a weekend car but I absolutely love it! What I don’t love is the tax price though.
Yeah road tax is a bugger! Love mine apart from the major issues its had but not long until its back.
@@JoeTalksCars ha yeah my first year of ownership I was like a paranoid wreck as mine had a rebuild previously and I was convinced it had failed again as I had smoke and what I would say high oil useage etc etc, but on long calm runs it would be ok…
but then I was reading a thread on the people who track them with similar sounding issues and talking about how the standard AOS is very weak under load all the time and I thought hangon a second - I never don’t have my foot down to the floor whenever I take it out, what if I just try and drive it normally. I changed my AOS again this time myself with a genuine Porsche one, cleaned out all the intake which seemed to have oil in.
over a year later and it Turns out that solved my issue! So now if I have one of those country lanes I will make sure I try to at least do a few miles steady driving to settle things down, and I give it a very slight blip to 2000rpm before shutdown
Long story short when you do get it back just make note the standard AOS is weak that’s why they offer the race version of the AOS
Hey Joe, really enjoying following your Cayman story and seeing both the ups and the downs. Still saving for a midlife crisis car, but it’s likely to be a 987 Cayman or a e46 M3. I agree, I think the prices will rise too. 911s are out of my price bracket and Boxters aren’t for me. Not much else out there that you would consider a fun sports car with this sort of precise handling for the £12-£20k price bracket. I think budget will mean I’ll have to go for a slightly higher mileage example. Keep up the good work, for my sake I hope they don’t rise too quickly as I’m still saving!
911s have gone crazy. Even the 996 cars are rocketing, I’d put money there if I wanted a 911 now. Even with the higher prices you are correct, nothing out there this good for such a relatively small amount of cash. Good luck with the search, don’t be put off by higher miles, just good service history and it will be fine:)
Porsche Cayman ist the best Porsche you can buy and yes the Cayman 987 has the best design classic analog and the base engine 2.7 L 245 HP is enough mid engine is the best it beats the 911 in every way !
Isn’t it just! A joy to drive. Shame about the 3.4s issues:( I’m currently having some
Gen2 2.9 manual is the sweet spot, under £20k with average miles. More reliable engine also.
I did think this when I was looking the other day. Some are quite low spec compared to an S but they are good value.
3.4 987.2 is equally as reliable
What’s happening with your oil consumption issue ? Keep up the good work
Thanks:) it’s in the garage a week tomorrow. Hoping I get to the bottom of it. Will update on here a week on Sunday :)
@@JoeTalksCars great thanks for the update, my car is a carrera 4s rag top with tiptronic - 997.1. Have to say your cayman looks great 👍
@@andrewsumner9495 nice!! Love a 997! This bore score issue is concerning. Hoping it’s good news! Sure is supping oil tho.
@@JoeTalksCars had mine rebuilt by strasse in Leeds - superb job. Fingers crossed for you that it isn’t bore scoring - I’ve found the only reliable oil level measuring time is from cold on the flat.
Oooh Strasse is where this car was bought from in 2018 by the previous owner. Did strasse upgrade the liners for you like Hartech?
How about the Boxster? It will be a good deal for future better value?
Good point! The fact they are cheaper now can only be a good thing!
Australian market is crazy. You won't find any Cayman for under $45000. Cayman S models all north of $55000.
Have they always been this way or has the prices crept up?
@@JoeTalksCars it's just the market here, even new they are well over $100k, almost double the price of the US.
Bought mine for 14k with the intention of selling when it dropped to 10k 3 years ago now what do I do still love it
Yeah it’s going to be easily back where it started. Can’t get many cars that will do that for you. Free motoring!
You keep it and enjoy it!
Is 80,000 km millage too much? Saw one that picked my interest but it has 80k in it
To be honest the higher milage may be the way to go, I hunted this low milage car 45k miles but it had bore score, sometimes the higher milage cars are the ones to go for. Plus 80K isnt many at all.
Not going through the roof anymore?
Nope:( shame haha
What happened w yours Joe? I was/am having similar oil sensor issues
Oh god are you? Mine is in the garage on Wednesday so hoping to get a video out on the weekend after it. Worrying times :(
@@JoeTalksCars hoping for the best for ya m8. curious to know what happened. Mine is doing the exact same thing. Hope it’s the sensor failing
Not really all of the second hand car market has went up 7-8 percent more people with loads of extra cash splashing out cause they cant go on holiday Lamborghini has even ran out of cars
I’ve seen bigger increases than that. Dealerships are literally changing prices on forecourts. Holidays are a big factor as most people will have been on 1 or 2. I’ve even heard lambo, Ferrari and Porsche are all offering to buy back customers cars for the same price they paid a year or 2 ago. Just to get stock. Madness.
What happened to your oil consumption??
Still through the roof! Heading to the garage a week on Wednesday. Fingers crossed it’s not bad news!!
Have you got to the bottom of the oil issue yet?
Nope:( garage next Wednesday for a thorough look. Sump off ect. Fingers crossed it’s not bad news
It looked to be running ok around Olivers, where are you taking it
@@FLATSTICK250 yeah it’s running perfect. So
Hope it’s just the sensor or AOS again!
I bought a BMW 140 3 years ago, less than 200 miles on the clock. . Car was pre registered and I got it for £32k, new price £36k. Its got 22k miles on it now and worth about £18k. So lost £14k in 3 years. Dang ! Should have bought a Cayman.
That’s mad! Always been very cautious when buying new cars, the depreciation hurts. It seems that you either need to buy old like my 2006 cayman or brand new PCP with an exit date. I bought a Megane CC 2007 for over £15k back in 2008 and it probably halved its value in a year. French cars are the absolute worst for it. German is better, Porsche is certainly the best for holding. Just look at Porsche Macans they haven’t even lost a 3rd 7 years on!
@@JoeTalksCars Full agree Joe. I fancy an M3 next but will buy one 3 to 4 years old and let someone else take the depreciation hit.
cry :(
Only sad if you are in the market for one 😉
@@JoeTalksCars well i have to wait 2 years before I can get my drivers license