Market Slowdown | Why a Porsche Cayman is Still a Financially Savvy Purchase

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Fourwheel Trader - Car depreciation analysis

Күн бұрын

Depreciation is one of the major costs that comes with owning a sports car and some models are notorious for crazy high depreciation rates, costing owners tens and thousands of dollars. The Porsche cayman is one of them, but even in this market, there are some premature sign of cracking price trends.
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The Porsche Cayman market softened slightly compared to february but that it still very much belongs to the group markets that outperformed the general market. If you are shopping in this segment and care about depreciation, it is hard to ignore the cayman. It is one the most financially savy purchases you can make. Values decreased by an average of 2.7% excluding the GT4 RS and this is less than the market average. GT4s were even flat during last year, after they bounced back from correction in the second half of 2022.
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.

Пікірлер: 71

@fourwheeltrader 6 ай бұрын

*Looking for an analysis of a different car? Let me know the name of the car or check the playlists below* *More market analyses* Porsche: kzbin.info/aero/PLkx3WmwEN66dKJQug4xwskaR8tqUEtg_i Ferrari: kzbin.info/aero/PLkx3WmwEN66fjX4_e99Lu5gN2rlOtBhrE McLaren:kzbin.info/aero/PLkx3WmwEN66dlx4PN9VpM2-gSLKB0WVFn Audi: kzbin.info/aero/PLkx3WmwEN66fTWOIizW1gGdyJNvxyLXNm Mercedes: kzbin.info/aero/PLkx3WmwEN66fljQWz7PVLNUiggjZ5FGv_&si=3dyHoeOeVE4c1uR5 Chevrolet: kzbin.info/aero/PLkx3WmwEN66c-lJQmVKZ_mEKWaln3CcRH&si=V-CHGuBXNecc3OZp General car market updates: kzbin.info/aero/PLkx3WmwEN66eE4KxbIXZHxMf637v0CsVy

@user-tj8fj8cr9m 6 ай бұрын

BMW M4 F82

@Yakman18 6 ай бұрын

Just depreciated my GTS 4.0 to the tune of 650 miles today. Pure joy! Thanks for the market update!

@MadMike991 6 ай бұрын

ICE Cayman values only going up in the future once Porsche stops ICE and moves to 100% EV Caymans. I’m sure the EVs will be faster but they will never provide the same driving experience!

@joeharris2892 6 ай бұрын

in australia may 27 was the last day to order one

@VK6AB- 2 ай бұрын

Completely agree.

@GoldPlatedCheese 2 ай бұрын

Especially now that they’ve announced MY2025 will be the last for ICE 718 models

@anthonywong5329 5 күн бұрын

Had my 718 GTS 2.5L for 7 months. Never driven the 4.0L, but love mine. Feels like a sound investment, and will likely hold its value once the EV comes out.

@ttotsbarc 6 ай бұрын

THanks for this update on the Cayman!

@tomgarland5114 6 ай бұрын

I'd be curious to see the breakdown of manual vs PDK Caymans (if possible). Just an idea for the next one. 👍

@LetsDraw12 6 ай бұрын

I agree with this!!!

@Jay-xr3sb 6 ай бұрын

Paid £30k for a fully loaded 981S, already worth 15-20% more. The 718 line up is being phased out . Very few good flat 6.

@TexasRiverRat31254 6 ай бұрын

Thank you! That's great news. I'll keep my ruby red 987.1 5spd base as it's so much fun on the twisty back roads around here. 😃

@spoolol 4 ай бұрын

Gorgeous color! Congrats

@Max-mp7lp 6 ай бұрын

I’ve been watching the Cayman market for 3 years and this is spot on. Carried over inventory is spiking in 2024. Even still, dealers aren’t cutting prices on 987.2s. I’m fairly certain when they sell after 90 days, they are being discounted at the negotiation table, but not publicly. This is keeping prices artificially flat when they are actually coming down. 987.1s continue to drop due to IMS/bore scoring scares. A local guy listed his 2006 CS for 30k but offered to sell it for 26k when we met up. 987.1 inventory is going up and private sellers seem motivated to make a deal. Here are my 987 market evaluations in 2024: 987.1 base = 20-25k 987.1 S = 25-34k 987.2 base = 24-32k 987.2 S = 32-45k As always, transmission, mileage, color, options, and overall condition play a significant role in valuation. I am also seeing an uptick in 987.2 R prices in recent months. It may be the season, or may be a trend change, but Rs are trending up towards 90k.

@VK6AB- 2 ай бұрын

The 987.2 R is my pick after the 981 GTS.

@Max-mp7lp Ай бұрын

@@VK6AB-Excellent choices

@naviy6722 6 ай бұрын

Love your reviews and analysis brother keep up the good work. Have to return back to the 718 spyder and lotus emira in the US market.

@HondaExige1 6 ай бұрын

Interesting how different the UK market is. 718GT4s held strong throughout 22 and most of 23 then fell hard++ in the 4th Quarter of 2023, which is when I bought. They've continued down since but not as rapidly.

@andrewsproson1410 4 ай бұрын

@@HondaExige1 it’s a strange market.I think a solid 6 cylinder Porsche will hold up well as EV’s come in.I bought a new F type V8 and prices on that now seem to be holding as more oldies go for their last hurrah ! Me included.

@VK6AB- 2 ай бұрын

Don't worry, they bottom bounce and then hold their value. Remember the next Cayman will be an EV - the name is then irrelevant.

@VK6AB- 2 ай бұрын

That was an interesting analysis, I have had the good fortune to own a lot of good sports cars and still own some great sheet metal and carbon fibre, I did however keep a 981 GTS, fabulous engine and sound track, excellent blend of power and balance - just a great deal of fun, whilst having a high quality interior. All that is good about Porsche in one complete balanced package.

@darrylgarcia9147 6 ай бұрын

718 GTS is the best bang for buck Porsche. Can’t wait for when the full EV next gen is revealed so prices can appreciate on the ICE models or at least remain steady and hold their value.

@zackvandenhouten6067 6 ай бұрын

The GTS 2.5L?

@darrylgarcia9147 6 ай бұрын

@@zackvandenhouten6067 yup, that one.

@zackvandenhouten6067 6 ай бұрын

@@darrylgarcia9147 I’m picking one up Thursday haha. I’m wondering if long term they won’t be as desirable because they will be slower than the hybrids but not as pure as the flat 6. Just a question, I really don’t know

@darrylgarcia9147 6 ай бұрын

@@zackvandenhouten6067 as pure? The 718 GTS turbo is better than the 4.0 honestly. More usable torque down low and feels snappier/quicker. That flat 6 engine ain’t worth $30-40k more just because it sounds better to the so-called purists lol. A Porsche is a Porsche.

@zackvandenhouten6067 6 ай бұрын

@@darrylgarcia9147 I don’t disagree right now. My argument is that the hybrid will be better at the positives of the turbo. The naturally aspirated engine will almost undoubtedly hold its value better long term compared to the turbo (and the hybrid!)

@ForgetfulFoot 6 ай бұрын

I got my base 981 at the start of 2024. The previous owner originally bought it mid covid at an inflated value and lost of 25% of its value in 2 years. Im glad I got once the market settled down.

@VK6AB- 2 ай бұрын

981 base with the 2.7 NA engine is a great car, my son bought one recently in guards red with 20 inch wheels in satin black - looks great, sounds great and drives great.

@IYG-x7c 2 ай бұрын

How much for 2015 base with 70k miles, manual?

@ForgetfulFoot 2 ай бұрын

@IYG-x7c in the USA? No idea. Sorry mate. I only know the Australian market.

@skippynj1979 6 ай бұрын

I just took delivery of a 24 caymen gts manual!!!

@6SpeedTA95 6 ай бұрын

YESSSSS been hoping for this for months, I hope you cover the GT4 as well! Starting now.

@MTbone7 6 ай бұрын

Great vids as always! How about an update on the Shelby GT350?

@andrewsproson1410 6 ай бұрын

Very interesting market analysis.Question, if you state 5% depreciation in 1 year what assumption on mileage for that year do you make.Also does your analysis apply to UK. Thanks

@zeblackboi 5 ай бұрын

It's good to know prices are keeping steady, but no one is taking my 981 Cayman S off me. Im driving that thing into the ground.

@a64738 5 ай бұрын

Here the prices for used cars is going up up and more up... In 2002 I did pay 500$ for a 1976 model Ascona B with 90hp, now similar car sells for 20000 to 40000$, and is is same with many other old normal family cars. Porsche prices seems to be same if you buy a 10 year old or 20 years old one, older then that and the prices go up.

@meliflu Ай бұрын

What about the 718 T vs. the base and the S?

@SalvatoreCaruso24 6 ай бұрын

I have 2 points to make: 1) it's about time the world stops considering things an asset like a stock or a house. 2) it's pretty damn sure that when i'll be able to afford a porsche the market will correct 1-2 years before and make it unaffordable (fml)

@s.gharavi1614 3 ай бұрын

Porsche Cayman, Boxter and 911 prices will fall faster than average sports cars in a few years.

@javierinigomoreno 6 ай бұрын

Thanks for the videos! How relatable are these to the European market you think?

@fourwheeltrader 6 ай бұрын

Difficult to say, there can be big differences. I will include the German market as well for future videos.

@VK6AB- 2 ай бұрын

@@fourwheeltrader What I have noticed having owned quite a few Porsche on two continents is they tend to follow similar patterns but the term can vary. The Porsche sales model is to develop supply into a market with pricing at a level that market will bear. You are very safe if you buy any NA GTS and GT div. sports cars. The other point to note owners tend to hang on to GTS/GT div. cars, largely because they're very good drivers cars and yet very useable.

@retro-wreck 6 ай бұрын

We have a 987R and will not sell it for $150k

@nlcke3265 5 ай бұрын

I have a 718 cayman s and about to trade it for a 10 year older 911 turbo. Will hold value better and has the umf of a proper engine.

@Mk6vwdriversgroup 6 ай бұрын

I have a 2009 987.2 base 6sp manual and having a hard time judging if I need to hurry up and sell it or is it ok to enjoy it for the summer. I know the car is a very small segment and hard to get a statistical average on a manual transmission car. Any insight would be helpful.

@MrRoyck10 6 ай бұрын

Car are not investments so it’s hard to predict, it cost me £11k in running / maintenance costs and depreciation for two years ownership of abase 987.2 manual. Enjoy your Cayman, it is not entirely clear why you need to hurry up and sell your car, if you are worried about depreciation then only you can judge where to cut your losses.

@muffinman4353 6 ай бұрын

Get rid of it and look for a 911.... It's what you wanted in the first place.

@ForgetfulFoot 6 ай бұрын

What car would you be moving into instead? Unless its a 997.2, 981 Cayman or your moving into a Toyota. Every other car out there will likely depreciate far worse then a Manual Cayman or 911 would.

@Mk6vwdriversgroup 6 ай бұрын

The car will go this year, it would just be now or this fall. Hence the question and with the .2 market so small it is hard to judge what is the better choice. I will get back into another sports car next year.

@muffinman4353 6 ай бұрын

@@ForgetfulFoot The iconic 911 will always hold more money than the Cayman. Own and enjoy the 911. Most, if not all Cayman owners regret their decision....wanting the iconic 911.

@acopstein 6 ай бұрын

Thanks!

@bango123able 6 ай бұрын

What’s your opinion on the SLS AMG market?

@fourwheeltrader 6 ай бұрын

I included a recent price chart for the SLS AMGs on my instragram account. Have a look.

@aymansgarage 5 ай бұрын

@@fourwheeltrader where do you see them and the Murcielago LP's going, an analysis of the Alfa 4c/8c, Aston Martin DBS/Vanquish, V8/V12 vantage's (VH platform), SRT Viper, and Maserati GranTurismo MC/Lexus RCF, and the Jaguar F type/Pace SVR would also be fascinating

@ibarragan 6 ай бұрын

I watch all your videos and subscribed. You always skip the Cayman T and Boxster T. But to add insult to injury, you put a Cayman T on the cover shot, get me all excited and again nothing about the Ts! Love the work but at least if you ignoring the Ts, then take it off the cover please. : )

@fourwheeltrader 6 ай бұрын

I see your point 😅. Usually i exclude them because the market is so small and the price uncertainty in the trend relativity high. They follow the same pattern as the base/s models

@madfemurfast 6 ай бұрын

Need an update on C6, 7, and 8 Corvette (i.e. not just new ones just like you go back to 996). Sell like crazy here.

@fourwheeltrader 6 ай бұрын

The last C8 update is not so old yet: kzbin.info/www/bejne/g5mmgKWDfL98kKMsi=P0n3PnfTRC1yqrhn I will include the C7s again in future updates, unfortnately not the C6.

@madfemurfast 6 ай бұрын

@@fourwheeltrader too bad. The 7 and 8 are to new and the 6 is definitely a different car. Is like including only the 991 and 992 and ignoring the 997 and 6. Still, enjoyable films.