Tidy 987.2 for sale

[Ash131]

I bought a 911 Supersport with 113k miles showing from Cridfords back in 1996, after owning it for a few weeks I was going through all the paperwork and filling it and noticed the warranty showed the car had covered 109k miles! Maybe an error but it took the car outside the warranty cover. 
 

[MartinF6]

They get pretty mixed reviews if you do a search, that's for sure.

[futureechos]

@Martinf6, not sure if this helps as I've not read whole thread so not 100% on your preferred location/spec- but there's a variety here form 2007-2014, 2.7-3.4, manual/PDK..   

 

https://www.mortimersprestige.co.uk/used-cars/search/?make[]=Porsche&model[Porsche][]=Cayman&finance[]=price&payment-term[]=36&payment-deposit[]=1000&payment-annual-mileage[]=10000&budget-program[]=pcp&section[]=166084&order=-price&pageId=1423250

[Windymiller]

Mine came from Cridfords. I found them to be very good right from the test drive to the collection day. Best car handover I’ve ever experienced on a used car. 
 

my car had been a trade in, the previous owner had bought it from them and got his next car from them. I called him and spoke about his experience (twice) with Cridfords and he was very positive about them. 
 

they’d definitely done all the PDI pick ups on mine. 
 

and although there was no negotiating on price they did increase the warranty to 12 months and provided a ceramic coating in the price. 
👍🏻

Edited May 27, 2022 by Windymiller

[Ash131]

My experience was positive with the Supersport, kept it for 18 months and never had any issues, wish I had it now. 

[MartinF6]

For me the test of a dealer isn't the ego massaging handover experience, I don't really care about that, but what happens afterwards if you have a problem with the car down the road. It doesn't sound like you guys had cause to test that out?

 

It's not hard to find numerous less than glowing reports in that regard. Try finding negative aftersales reports about, I dunno, Ashgood, 911V or Harbour cars to choose a few examples. You'll do pretty well to find one or two for any of those outfits.

 

I don't mind paying the mark up if I'm confident the dealer has a great rep for aftersales - in fact I prefer that over saving a few grand on a private car with no protection. In this case, the reports are too mixed to have that confidence. Not saying they're awful, and all dealers will have off days including the ones I mentioned. Likewise, some punters can be a right pain and complain about the most ridiculous things. But the reports are still pointedly more mixed than for other dealers.

[jogger321]

This one has been up for literally months..and according to Autotrader is a "Great Price" ( Is that the dealers reward for spending a lot on advertising with them because I cannot fathom Autotrader price ratings)

 

So why has it been up for months and what does it say for actual Gen 2 sales prices?

 

https://www.drivemotorretail.co.uk/used-car-details/used-porsche-cayman-29-2dr-coupe-blue-manual-petrol/id-52243084910/

[Windymiller]

44 minutes ago, MartinF6 said:

For me the test of a dealer isn't the ego massaging handover experience, I don't really care about that, but what happens afterwards if you have a problem with the car down the road. It doesn't sound like you guys had cause to test that out?

My ego wasn’t massaged. 
 

it was a good practical handover, easily 45mins spent with me taking me through all the switchgear, and ‘how tos’ etc, paired my phone to the car etc. 

 

correct, no need to call upon the warranty as the car was faultless in the 12months of cover. 
 

If I was buying a used porker again I think I’d prefer to save the £000s on dealer mark up, buy from a known / verifiable private seller (ie someone whose history of their car use and ownership you can check via their OC profiles), get a damn good inspection done, bank the saving for ‘just in case’ failures, that may likely happen after the warranty expires anyway. 
 

used car warranty is typically just a 3rd party mechanical breakdown insurance (MBI) (admittedly some are dealer backed) and are really just a ‘risk protection policy’. 
 

the question then is, how much risk is one comfortable taking, and what are the range of mitigations against that, of which warranty / MBI is one option. 

you found your perfect priced, perfect specced, low-mileage, warrantied, risk-free, like-new 10-12 year old 987 yet Martin? 😜

[jc848]

1 hour ago, jogger321 said:

This one has been up for literally months..and according to Autotrader is a "Great Price" ( Is that the dealers reward for spending a lot on advertising with them because I cannot fathom Autotrader price ratings)

 

So why has it been up for months and what does it say for actual Gen 2 sales prices?

 

https://www.drivemotorretail.co.uk/used-car-details/used-porsche-cayman-29-2dr-coupe-blue-manual-petrol/id-52243084910/

Even comes with a free wheel wrench! Great deal

[Julian987]

6 hours ago, jogger321 said:

This one has been up for literally months..and according to Autotrader is a "Great Price" ( Is that the dealers reward for spending a lot on advertising with them because I cannot fathom Autotrader price ratings)

 

So why has it been up for months and what does it say for actual Gen 2 sales prices?

 

https://www.drivemotorretail.co.uk/used-car-details/used-porsche-cayman-29-2dr-coupe-blue-manual-petrol/id-52243084910/

 

I think it says that a Porsche with a stamp in the service book from 'Drive Vauxhall Darlington' is probably not as inviting as others out there with more reputable dealers.

 

 

 

 

[MartinF6]

8 hours ago, Windymiller said:

 

If I was buying a used porker again I think I’d prefer to save the £000s on dealer mark up, buy from a known / verifiable private seller (ie someone whose history of their car use and ownership you can check via their OC profiles), get a damn good inspection done, bank the saving for ‘just in case’ failures, that may likely happen after the warranty expires anyway. 

 

 

Wait, hang on. Would your car be a good candidate? Who'd a thunk it! Slight issue would be the saving on the dealer markup bit, but anyway.

 

The reality is that both dealer cars and private cars can be good buys. There is no fixed rule. Each car has a different value proposition. I'm personally happy to pay a few thousand dealer premium to cover off discovery of any major issue that may not present at inspection. 

 

I'd want to be saving at least £4k and preferably more on a private car versus a one of the better dealers to compensate for the added hassle and risk. Most private cars currently don't provide that kind of savings and for the most part, they aren't selling. Possibly because, for that very reason, they don't look like value. If a good dealer car is a relatively small premium, it's a no brainer.

 

The caveat to that is that it needs to be one of the better dealers that underwrite their own cars, ideally have their own workshop etc. I agree if the warranty is just a third party insurance policy, I'd value that at close to zero. Hence my wondering about Cridfords. I'm less familiar with them, so the value proposition is a bit trickier. I'd be paying a premium, what am I getting?

 

Incidentally, I am not terribly price sensitive in that I'd go to £30k-plus for a car that ticked literally all my boxes. I've also bought three 987s since 2014 and done 150k miles total in 'em, so could hardly be accused of being a dreamer / tyre kicker. It's just proving particularly tricky to get the stars aligned this time. But I have deleted extended leather from the list of essentials as it simply narrows the pool too much.

 

I should have bought the white and black 911v car, as it was fab condition and good driving spec. But at that point I hadn't quite given up on the cow. That's how it goes sometimes! I'll get something eventually.

 

Anyway, not sure what everyone else thinks but to me the market feels like it's firmed up now, think the price slide over the last few months is done. Imagine it will be pretty steady over the summer?

[Neil_jdmr]

That 32k 987 that MR sold was a prime candidate.  By a million miles the best specced 987S I've personally ever seen but obviously it comes at a price. 

 

I had an engine light come on 7months after i bought my car. 2 coils tested bad,  he replaced all 6. For the amazing aftersales i received i was happy to contribute £100 to the diagnostics.

 

That car sold within a week and many complained about the price. 

 

I'm amazed,  this is the first owners club I've ever known where the contributers are actively trying to drive down the prices. 

[Ginginho]

8 hours ago, Neil_jdmr said:

I'm amazed,  this is the first owners club I've ever known where the contributers are actively trying to drive down the prices. 

These contributors probably aren't actually Cayman owners. I've seen it in other groups/ forums; typically previous Porsche owners who are looking to buy at pre-2021 prices.

 

As a buyer you set your budget/spec and either stick to it or not. If you are patient enough then your perfect car may come to you at your price but the good ones will likely go before that. Sellers definitely appear to be asking for stronger prices and are happier to wait and see if there is interest at that price.

 

It does get a bit tiresome reading that every car for sale is overpriced. In the poster's opinion, of course.

Edited May 29, 2022 by Ginginho
typo

[Windymiller]

10 hours ago, Neil_jdmr said:

 

I'm amazed,  this is the first owners club I've ever known where the contributers are actively trying to drive down the prices. 

I’m not!

 

If anyone wants to offer me over the £25,250 she’s on Autotrader for then they’ve just bagged themselves a deal!!! 😉👍🏻

[Windymiller]

12 hours ago, MartinF6 said:

 

 

Wait, hang on. Would your car be a good candidate? Who'd a thunk it! Slight issue would be the saving on the dealer markup bit, but anyway.

 

 

Bingo… 👍🏻😉

 

why not come and have a look at her at least and see what you think 🤷‍♂️
 

what will looking cost you other than time and fuel…

 

I know you’re looking for much lower miles, but it’s age related faults that affect these cars more so (eg coolant pipes) than mileage (if cared for). As you say, you’ve had 3 already so I’m presuming you’re well familiar with the ‘weak spots’. 
 

The big ticket items on the 987.2 (engine, manual GB, electronic units) just don’t seem to fail. 
 

(and yep, I am giving her a sales push 😜😆)

[MartinF6]

Your car looks great, honestly. If it didn't have the track use and the miles, I'd be interested. Either or, I'd probably consider. But as ridiculous as it sounds, I'm looking for a car to add 150,000-200,000 miles over the long term. I've been through a load of 987s, now looking for the keeper, which is why I'm being so picky this time around.

 

Another reason why I am looking for low miles is the official service interval. Personally think the official 20k service interval is far too long (it's 10k in the US) and most cars have at least one or two intervals up around 20k as people tend to treat it as when you're meant to get it done as opposed to it being the outer limit. In the long run, some of these engines will do 150k miles without needing a rebuild, some will do 250k. I don't really know what will make the difference, but not running the think 20k miles on the same oil might help!

 

It's worth noting that by about 7-8k miles, oil viscosity has  typically fallen well below what it was. If you go to 20k miles, you're running the car on much thinner oil than the spec for an awfully long time.

 

As it happens, absolutely realise that being picky guarantees nothing. My most problematic 987 was the lowest mile car at purchase.

[MartinF6]

14 hours ago, Ginginho said:

These contributors probably aren't actually Cayman owners. I've seen it in other groups/ forums; typically previous Porsche owners who are looking to buy at pre-2021 prices.

 

As a buyer you set your budget/spec and either stick to it or not. If you are patient enough then your perfect car may come to you at your price but the good ones will likely go before that. Sellers definitely appear to be asking for stronger prices and are happier to wait and see if there is interest at that price.

 

It does get a bit tiresome reading that every car for sale is overpriced. In the poster's opinion, of course.

 

 

It equally gets tiresome when you see yet another a private car hit the market for specialist dealer money and you know it's not going to sell.

 

As for people wanting to buy at pre 2020/2021 prices, there's also the opposite problem of people trying to sell for a post pandemic peak that no longer exists.

 

The only thing one can say for sure about car pricing is that if it's not selling, it's too high. The grey one at £22k went in five days. Ashgood sold their red one. Etc. 911v have sold a couple at higher prices, but then they've spent 20 years building up a reputation for excellent prep and will cover the car for a year. Private sellers trying to get similar prices are in my view being unrealistic.

 

 

[MartinF6]

23 hours ago, Neil_jdmr said:

 

 

I'm amazed,  this is the first owners club I've ever known where the contributers are actively trying to drive down the prices. 

 

Who is doing that?

[MartinF6]

Listen, I'm not out to piss anyone off. In truth, it looks to me like there's quite a bit of wishful thinking evident in the classifieds right now and lots of private cars that haven't sold for months, likely because the market has come off the peak from late last year and demand isn't what it was. I'm not thinking of any car in particular, there are cars that have been sitting unsold for far longer than any of the ones owned by members here, none of which are among the most obvious examples of cars that look unlikely to sell / have sat unsold for months.

 

That's my point of view, it may not be right, but it's perfectly reasonable. The idea that I'm trying to 'talk the market down' is silly. I have absolutely no intention to do that and no power to do that even if I wanted to. I thought and said the white and blue car at 911v was over priced. And it sold just the same. I still think it was overpriced at £30k and 65,000 miles. So what? The buyer obviously didn't, good luck to them!

 

Likewise, I think aircooled 911s are ridiculously overvalued compared to something like a 987 Cayman, but it's of no consequence. Nothing I or anyone else posts here will make a difference to the market. Everyone here is a grown and can and will make their own decisions.

 

I think we know the form by now. Julian will declare every car a bargainous minter that will sell in 24 hours, I'm at the more pessimistic / realist end of the scale. Surely there's room for both? 

[MartinF6]

13 hours ago, Windymiller said:

Bingo… 👍🏻😉

 

why not come and have a look at her at least and see what you think 🤷‍♂️
 

what will looking cost you other than time and fuel…

 

I know you’re looking for much lower miles, but it’s age related faults that affect these cars more so (eg coolant pipes) than mileage (if cared for). As you say, you’ve had 3 already so I’m presuming you’re well familiar with the ‘weak spots’. 
 

The big ticket items on the 987.2 (engine, manual GB, electronic units) just don’t seem to fail. 
 

(and yep, I am giving her a sales push 😜😆)

 

 Incidentally, appreciate your good humour here and think your car will be a great buy for someone. It looks lovely.