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I've been playing with the idea of getting a GT3, so I contacted a dealer with one on the lot and asked what they would give me for my Cayman S. It's a 2006 with 8400 miles and PASM, SC, Nav, 19", the works (~$72K MSRP).
They told me I'd be looking at low $40Ks and that they would be trying to retail the car at 45-47.
Does that sound about right? If so, it seems like the Cayman market has taken quite a dip since last fall where retail for the same car seemed to be ~55.
Thoughts?
PASM - Porsche Active Suspension Management
This active damping system offers continuous adjustment of individual damping forces based on current road conditions and driving style.
The driver can choose from two setup modes, ‘Normal’ and ‘Sport’, using a separate ‘damper’ button on the center console. ‘Normal’ mode is designed for general road driving and circuits with uneven tarmac. ‘Sport’ mode is intended for smoother track surfaces, where the harder settings help eliminate pitch and roll.
In either mode, PASM continuously evaluates the current conditions while automatically selecting the corresponding damper rates from the respective set of mapped values.
A range of sensors are used to monitor the movement of the body under acceleration, braking and cornering maneuvers, as well as on poor road surfaces. The PASM control unit then evaluates this data and modifies the damping force on each individual wheel in accordance with the selected mode. The result is a significant reduction in body movement as well as a better grip on the road.
For example: if ‘Sport’ mode is selected, the suspension is automatically set to a harder damper rating. If the quality of the track surface falls below a certain threshold, the system immediately changes to a softer rating within the ‘Sport’ setup range. When the quality of the tarmac improves once more, PASM automatically returns to the original, harder rating.
Need more information about PASM? Click this link: FAQ for PASM
Hate to say it, but that sounds *about* right. Your car does have some expensive options on it and you may be able to get a little higher, but that's about it. If they put it on their lot right now they would probably ask around $50-$52k and settle for high 40's. A 2007 with the same options would probably go for the low $50s.
The market is what the market is. I'm just surprised it has gone so relatively fast with the Cayman over the past 6 months. But I guess most models have taken a trip down as well. Of course except those pesky GT3/RSes . Prices seem to be exactly the same as when I was looking 6 months ago.
I think you are suffering from a double-wammy. First, you are east of the Mississippi, and prices seem lower for new and used Caymans in the east. Here in the great northwest I think you'd be looking at 5-10% more value.
Second, I'm noticing that cars with a lot of options have a very poor relative return at resale time, especially those with NAV and 19" wheels, which is what... about $5K of your MSRP? I shopped for used Caymans before ordering new and saw four cars I queried that were sold before I cared to make a decision. These cars had some combination of full leather (this seemed like the hottest option), sport seats (adaptive or not), PASM, and the sport steering wheel. Cars with the standard interior seemed to languish. My data points are just that, and too few to really draw any but the wildest conclusions from, but I will say my own order was affected by what I noticed. Nonetheless, I'm fully aware that by ordering a high-MSRP car I'm probably asking for steep depreciation when I sell it.
PASM - Porsche Active Suspension Management
This active damping system offers continuous adjustment of individual damping forces based on current road conditions and driving style.
The driver can choose from two setup modes, ‘Normal’ and ‘Sport’, using a separate ‘damper’ button on the center console. ‘Normal’ mode is designed for general road driving and circuits with uneven tarmac. ‘Sport’ mode is intended for smoother track surfaces, where the harder settings help eliminate pitch and roll.
In either mode, PASM continuously evaluates the current conditions while automatically selecting the corresponding damper rates from the respective set of mapped values.
A range of sensors are used to monitor the movement of the body under acceleration, braking and cornering maneuvers, as well as on poor road surfaces. The PASM control unit then evaluates this data and modifies the damping force on each individual wheel in accordance with the selected mode. The result is a significant reduction in body movement as well as a better grip on the road.
For example: if ‘Sport’ mode is selected, the suspension is automatically set to a harder damper rating. If the quality of the track surface falls below a certain threshold, the system immediately changes to a softer rating within the ‘Sport’ setup range. When the quality of the tarmac improves once more, PASM automatically returns to the original, harder rating.
Need more information about PASM? Click this link: FAQ for PASM
Sounds about right, although slightly on the low side (could be your area and/or market). Options mean jack (squat) to dealers when they're buying off you. Of course, they're all too happy to bump the price up and tout the options when reselling.
Thanks for the opinions, guys. Thankfully I didn't buy the car new or my depreciation blues would be much more pronounced. I got the car for low 50s about four months ago.
But it's probably just as well. I haven't even had a chance to take the car to the track yet. It's been sitting in the garage most of the Winter. So I can chill my cravings for a GT3 a little while longer.
It's probably just an impatience to do something car related while the snow is still on the ground. I need to take a hint from the weather and chill
No ****. It's stupid too because whenever I drive the car I really, really like it . So it's just about trying to constantly aim for bigger and better things. Even though what you got is more than quite alright.
Or perhaps I was just trying to compensate for the fact that I chose to not trade my Gallardo Spider for an LP640 coupe the other day. Same story, really. Love the car I have already, but keep wanting to try bigger and "better" things. Even if they're not as well suited for what I like using them for (Spider for the top-down fun, Cayman for the around time usability).
Aight, enough confessions of a car addict for one day
I looked on Kelley Blue Book and it looks like the Trade-In value for your car is between $40K-$47K, all depending on the condition of your car. You can probably do a little better if you were to sell it yourself.
. Prices seem to be exactly the same as when I was looking 6 months ago.
Wifey traded her Boxster for a 2008 RS60 Spyder. 
Linear Mode
