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Martin from Glasgow here. I'm posting on behalf of my father who will be handing his Merc CLS back to Mercedes next October and who then hopes to buy a cayman. The other car he was thinking about is the Audi TTS but he has decided that he wants to go for the Cayman.
Anyways, having lost a lot of money buying relatively expensive cars new over the years he is now determined to buy a year old cayman somewhere in the region of £34k with less than 10k miles.
My question to you guys is how much is the NEW cayman likely to cost and do you think he'll be making a mistake by effectively buying the 'old' model. Also, dealer sales seem quite high compared to similar/better cars on pistonheads and the like - can he expect any sort of discount if goes in with a sizable cash deposit?
2009/2010 have an abundance of changes. There is going to be an increase of about 25-30 HP, as well as direct injection, which is a more economical combustion, not to mention it is rumored that the engine will be comprised of roughly 40% less engine parts. If money is not an issue, I would hold out for a new Cayman S. For me, money is an issue, and therefore I took advantage of a good deal that can be found on many 08's that are currently sitting on dealers lots. The horsepower for me was not enough to wait since I traded in my 08 Corvette with roughly 450 Horsepower.
I think a one year old Cayman at 34k in USD is too low of an expectation. But I am assume you are not talking USD. If I do the currency conversion, I think your price is more than adequate. However, i also do not know typical prices in your region. As stated above, if money is not an object...wait for the new goodies!
Facelift Cayman - a local OPC has told me that cars will arrive in the UK in April / May 2009. I would think the price will be similar to the current prices with perhaps a 2-3% increase. DFI will be standard on the engine with slightly better fuel consumption and currently the OPC is not able to confirm PDK for the cars, but I woujld think it will be available.
UK Pricing - no OPC gives a discount on new cars to my knowledge. An OPC will discount a used car slightly and they are doing so in the current market but only a few %.
Depreciation - I would allow for at least £5,000 per year depreciation on a new car but could be a little more with high mileage. Pistonheads has few cars for sale at at least 10% -15% less than OPC used cars and some privately owned cars have extended warranty.
One Year old car for £34k?- easily get a Cayman for that but a Cayman S with very few options will be more like £38k - £40k. Early 2006 Cayman S cars which cost approx £48k are for sale on Pistonheads from £29k. So you would easily get a two year old Cayman S for £34k. From the first cars in November 2005 to the current 2008 model year cars there is very little difference in the specification. I would say used ones at around £30k - £35k are quite good buys currently.
All prices above are in UKP Sterling, £
Roger
DFI
Direct Fuel Injection (DFI), is a new technology that Porsche states can cut fuel consumption by up to 15 percent, while increasing power by up to 13 percent. DFI cuts emissions by warming up the catalytic converter more quickly, and ensures a sharper throttle response. Better for your right foot - and the planet, then.
DFI allows much more precise measurement of fuel supply and injection at pressures up to 120 bar; it has numerous combustion modes, with different cycles for cold-starting, low-speed driving and performance driving.
As the name suggests, DFI injects fuel directly into the individual combustion chambers, instead of the intake manifold. The injector valves have an electromagnetic mechanism that controls each injection with astonishing precision, while a high-pressure pump provides the necessary pressure—up to 1,740 psi—to accompany the rapid fire of the fuel injection.
Precise geometry of the injector’s position and its spray pattern is a key factor in helping to improve power, torque and emissions of the engines. The specific placement of the fuel as it enters each chamber creates a swirl that improves the air/fuel mixture, and therefore the overall combustion process.
At engine speeds up to 3500 rpm, a double-injection process is used. In this mode, the required fuel volume is delivered in two successive injections per working stroke. The resulting benefits include faster catalyst warm-up and increased torque in the upper load range.
By forming the air/fuel mix directly in the combustion chamber, DFI contributes to engine cooling. As a result, it is possible to increase the compression ratio and with it the power and efficiency of the engine.
The direct injection process is continuously adjusted. The engine management system reads changes to throttle inputs and performance requirements and, as you drive, the air/fuel mix is monitored and adapted as required. Oxygen sensor circuits within the exhaust system provide accurate emissions control.
MTM, I will personally vouch for Andy Lees car, if it is anything close to the spec your dad is looking for.
He is a fellow North West member, who, if there is even a chance of rain at a local meet, will turn up in his Toyota family-wagon!!! His car gets a full Zymol treatment every weekend, even if the car hasn't been out of the garage all week!! It is a truly immaculate example that is probably in better condition now than the day he took delivery of it.
He is also a thoroughly nice guy, and a Doctor. If anyone is looking for a used CS with the spec anything like Andys car, then don't even think twice.
As for OPC Caymans, my local dealer doesn't even have one to sell at the moment. 1 year old cars with average mileage look very cheep at £35-37k A lot of car for the money.