QUOTE (RS4Fan @ Jan 14 2009, 09:45 PM)
<{POST_SNAPBACK}>I am a die hard 911 fan, however I got to drive a Cayman in auto-x last year and it is truly an amazing handling car. Don't know much about the Irish market, however the only 911 values going somewhat soft are the 996. For all others values have held remarkably strong. Good luck with the hunt!
I don't doubt you being a die hard 911 fan and I have driven Caymans too and also think they are a superb car (and arguably a better handling car than a 911/997) but the current market doesn't seem to care whether the car is good bad or indifferent, values are being hit very hard and the point is that Porsche are not exempt from it either in prices or sales volumes. The ones being hit hardest are Caymans and Boxsters and here are just a few real samples of owners of Caymans talking about the hits they are taking recently. I'm not sure either whether the Irish market will follow suite but I think it's important enough to highlight to Mark.
"Popped into my local OPC today for their Open Day (free car wash, coffee and valuation). I was shocked to receive news of a catastrophic plunge in Porsche values (especially Cayman). My Cayman S has depreciated ÂŁ10K in 3 months. Yes really!. Market value at present for a mint 2007 Cayman S, original price ÂŁ54K, mileage 4000 is now... wait for it.... ÂŁ30K"
"James, my Cayman S is 15 months old and has depreciated by ÂŁ24K. However, 10K of that is in the last 3 months."
"there are really big deals everywhere at the moment-try any offer in the current market.but 1yr old cars will always be the best bargains-as thats when they lose the most-some people just enjoy speccing a new car and enjoying that first owner feeling,and if you can afford it why not?!!youre a long time dead!!-my cayman was ÂŁ50k 2yrs ago now worth prob ÂŁ30k"