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Used TMV from $29,374
You can look up MSRP and invoice right here on Edmunds. Porsche had $2k in dealer money on left over 2010 Caymans, so invoice - $2k would be POSSIBLE. Anything less is losing money on the deal for the dealer. If / when Porsche increases the incentive the lower prices would be possible. I have seen some dealers with new 2009 or 2008 models still stuck on the lots. They don't ... Read More
It might be a good purchase.... I still don't think you'll find a lease program for it, that will make much sense.. It's 2011... it will be a six year old car, after a 36 month lease... That's going to be a pretty low residual... Figure a residual on a 3yr/36K lease to be somewhere around $15K-$18K... With a $40K purchase price, you'll probably have a lease payment of $900-$1000 per ... Read More
Porsche isn't going to have a lease program for a 2008 vehicle. If you wanted to lease it, you'd have to go through an independent bank, and consider it a used car... I wonder why a 2008 model is still on the lot? Dealerships that hang on to older models, usually don't have a realistic price.. that's why they still have the car. Also, used cars don't lease well.. It may ... Read More
Welcome bimmerlovr. Porsche Credit's current buy rate lease money factor and residual value for a 24 month lease of a base 2008 Cayman with 15,000 miles per year are .00270 and 54%, respectively. If you choose to go with a 36 month lease, Porsche is running a special conquest promotion for current owners of competitive vehicles which provides a money factor of .00208 (57% residual value). I am not personally familiar ... Read More
hi guys, i'm thining of embarking on my first porsche lease!! Does anyone know what a good lease (mf, residual, etc) for 24 months on a Cayman 2008 should be? i'm looking at one with an msrp of about 55k with a cap cost of 51k. thank you!!
Welcome vmichael. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. The best way to get a good deal on a leased vehicle is to negotiate its selling price and then have the dealer that gives you a price that you are comfortable with calculate your monthly payment using its buy rate lease money factor. Porsche Credit's current ... Read More
Hello! This will be my first Porsche and I'm very excited, but would appreciate a little help from someone who knows more about leases (Porsche leases, to be exact) than I do. So thanks in advance for your help! I am considering leasing a 2008 Cayman (in California) with a MSRP of $51,845. I haven't gone in to see the car yet, but plan to do so this weekend and if ... Read More
My Cayman has now accumulated 4k+ miles. One annoying area I have constant experienced is its subtle but audible rear rattling noise. The dealer tried almost everything in their book, such as replacing rear light assembly and removing the plastic luggage cover (a real flimsy piece in my opinion). Nonetheless, the noise continues when driving on rough surface. Finally the Porsche district representative told me that it is common for all ... Read More
I haven't followed up with the development of 09' Cayman new feature problems, such as DFI carboning. Curiously, double clutch is a rather new technology that has only been made available by auto manufacturers in the last 2 years, including Porsche. It is certainly reasonable for these technologies to go through teething and maturity cycle. However, DFI has been around much longer and it begs the question why Porsche has such ... Read More
You should feel pleased that you have a 2008 Cayman. The 2009's with DFI have serious problems with carboning. I understand that the problem is so bad that severe damage occurs...not covered by Porsche of coarse.
There is a site on the web where you can find a Club of Cayman people who can tell you what Porsche has up their sleeve and prevent you from buying something you don't want to buy. :) Well at least they can make good recommendations. All you need to do is Google search for the site (not allowed to post link here). Now with respect to your 2008, it is ... Read More
After seeing the new 2009 Cayman S with PDK double clutch & 25 extra horses, my heart sank to bottom since I bought a 2008 model last year. I thought I did all the research needed before buying it and I was totally wrong. Who would know what new improvements Porsche have in their sleeve every year?
I'm going to post this on a couple forums here that fit the question. I've been shopping for a new car particurally a Porsche. I wrote a blog about, want to see it, here it is. http://mannyljr.typepad.com/lizardslair/ Anyway, while my first "love" was a Boxster, I then switched to Cayman for overall better experience, in my mind. Though the longer I read about the engine issues along with the high yearly ... Read More
I've been shopping for a Porsche since the summer. I first drove the Cayman then the Boxster. I loved both of them, but was leaning toward the Boxster, because it was a bit less and convertible. I held off buying as the economic news worsened and I saw prices dropping. I started to keep track of the cars I was looking at and you can see how much they are dropping. ... Read More
The short answer is YES, Boxsters and Caymans from 2005 to 2008. Due to various issues like intermediate shaft failure or cracked pistons, oil starvation, oil ingestion etc. Will all of them fail? No. Will some of them? Yes. Porsche has changed the engine design for 2009 going forward to help fix some/all of these potential problems. My suggestion is buy a car with a warranty and buy an extended warranty ... Read More
I bought this Cayman S on Jan. 2008. I put in about 2000 miles so far. Having owned Bimmer, Mercedes, Lexus & Infiniti in the past, this car by far offers the most fun and exhilaration to drive. The engine puts out an unmistakable note that sounds almost like a symphony orchestra. The car averages 19.7 mpg and I couldn't be more happy given its acceleration & performance. Some complaints I ... Read More
You might start thinking Porsche instead of Kia. Totally different mindset. Porsche aims to make some money. Up that offer 4k and you might have a deal. -moo
I hate to say it, but that offer is pretty much dead. I've not heard of anyone getting a "new" Cayman at below invoice -- especially mid model year! I bought my base 2.7, argurably a less desirable model, toward the end of the 2007 model year for that price... If the sticker price is about $65 (S + options), I would think the dealer might, might be interested at $58K ... Read More
It helps to go in armed. So let me give you something. First you need to stop by http://www.caymanclub.net and visit the sales and leasing section to see what cars are actually going for around the country. While you can get below invoice on a 2007 I haven't seen ANY dealership go that low on a 2008 without incentives from Porsche. So now here is a bonus. When you go to ... Read More
I am very excited with the Cayman S. Seriuosly planning to purchase a brand new 2008. Made an offer $500 below the invoice of $52,000. Haven't heard from the dealer. Maybe, my offer is ridicoulosly low. Any advice to get the best deal would be deeply appreciatred. Dealership: Michael Stead Porsche of Walnut Creek(California)
I came very close to getting Cayman in November, but as usually, my wife jumped in and we ended up getting the "practical car", an Audi Q7 3.6 Premium to replace her Allroad. That being said, she assured me I could get my Cayman, a weekend toy, next year and she won't say a thing. Deal. And no, I did not get this in writting. Does anyone feel my pain? However, ... Read More
A few suggestions: (1) If you are ready to buy now, and want the best price, scour dealer inventories for leftover 2007's in the colors and options you want. You can get a list of all dealers within up to a 300 mile radius of your zip code via. Porsche's website (find a dealer tab): Porsche USA (2) 9-10% off an in-stock 2007 Cayman would be a very good deal. 5-7% ... Read More
Any 2008 model specific ordering, pricing and discount experiences?
First, you can check the Porsche web site for a list of dealers in your area (up to 300 mile radius) and then click on each to show their inventories. Finding car(s) in the colors and options you want is the first step. Second, on pricing, there is roughly a 12-13% markup between MSRP and invoice on the entire car, factory options included. I would think you should be able to ... Read More
Horrible idea. With a lease you want to put as little down as possible. I was considering a Cayman lease, but ended up with a 2008 Audi TT roadster and only paying fees upfront, no cap cost reduction. $5K down is crazy. It will effectively add $104/mo to your payment, meaning that you are quickly up to $700/mo. in real dollars. Moreover, the 599 car is as base as base gets. ... Read More
2007 Porsche Cayman, turned in by owner with 5K miles on it Red with tan leather Tiptronic S Preferred Package MSRP = 56K Price = $46,500 39 month lease 56% residual 12K/year mf = .00340 $2,300 negative equity from my Saab trade-in $3,700 total out of pocket at delivery payments of $799/mo I cannot figure out if this is a good deal or not. Sounds good considering the negative equity and ... Read More
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Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2008 Porsche Cayman in CA is:
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