The Definitive Porsche Cayman Buyer's Checklist

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Porsche Cayman Buyer’s Checklist
Check at least 50% in each section = good to go!
Money:
-High enough income to have ~$500 per month in disposable income to spend on a car
-Have enough cash saved to cover at least 20% of the price of the car.
-Or have enough saved up to pay cash.
-Have at least $1,000 in liquid savings for an unexpected repair.
-Have a backup form of reliable transportation.
-Afford $1,000+ a year in parts and service.
-Can take ~$1,000 a year in depreciation.
Lifestyle:
-Can you live with never being able to take more than one passenger?
-Have a safe place to park your vehicle at night.
-Space for a second set of tires if you intend to drive in the snow.
-Willing to sacrifice many modern car comforts.
-Willing and able to drive a manual.
-Have a good place to get serviced in your area.
-Have a good car culture in your area that you are willing to get involved with.
Personal:
-Have a specific reason or purpose for buying a Porsche Cayman.
-Have specific reasons for not buying other competitors.
-Do not buy a Cayman just because you can’t afford the car you really want yet.
-Be comfortable enough in your own skin to deal with some stigma around owning a Porsche Cayman.
-Do not buy a Cayman just for the Porsche prestige or to keep up with the Joneses.
-Do not buy a Cayman because you think it will help you attract women.
-Acknowledge and appreciate your own privilege.
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10 июл 2024

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Комментарии : 120

@Mechonomist 5 лет назад

Hi everyone, thanks for tuning in, I appreciate all of you! This video is a checklist of things I would ask or suggest to a friend if they were trying to figure out whether a Cayman was the right car for their budget, lifestyle and personality. So I hope it's helpful if that's the spot you're in. This video is not a checklist for how to find a good value Cayman if you've already decided to buy one. That could potentially be a different video in the future. This video was already long enough as it is and I think I lack the technical expertise and knowledge of the current Cayman market to write a checklist that would effectively help people find a good deal on a Cayman right now. However, if you would be interested in that kind of video as well, let me know in the comments. If there is enough demand, I would definitely be willing to do the research required to put together such a checklist and add my personal experience spin to it. Thanks again and I'll see you again in two weeks!

@admiral7922 5 лет назад

Mechonomist ADVICE NEEDED - I’ve found a cayman to buy. 2011 model and has 20k km’s on the clock. (Hardly driven). The car hasn’t been driven or started for 2 years. What do I need to do to get the car back on the road and running again? Can I just charge the battery and start it? Any help or assistance appreciated. I haven’t owned a porsche before

@Jwdude123 3 года назад

Gay.

@OtomoTenzi 2 года назад

Finally, an honest young sportscar guru who looks HANDSOME, has a CLEAR VOICE and KNOWS exactly what he's talking about!

@OtomoTenzi 2 года назад

@@admiral7922 Hey buddy, I ain't no Porsche expert but I would STRONGLY suggest that you best get like an EXPERIENCED mechanic to at least check it out 'n inspect EVERYTHING first before ya even consider to buy it... Cuz if ya don't, you could prolly end up spendin' $$$ on expensive-ass parts 'n repairs later on down the road if somethin' goes SOUTH. I've heard that cars (especially high-performance vehicles) that have been sittin' IDLE fer many years (very low milage) are not really ideal purchases, cuz lotsa BUILDUP could incur inside if the previous owner(s) haven't really been drivin' or runnin' it much. If they dun run it all that often; then chances are that they prolly also haven't been followin' up on all the routine checkups 'n maintenance procedures which is absolutely necessary on ANY car. Good luck on yer car search!

@15284750 5 лет назад

After watching reviews and dreaming about it for a over a year I have finally bought Cayman S today.

@onanthebarbarian9883 5 лет назад

Just bought my 2006 CaymanS last week. :)

@15284750 5 лет назад

@@onanthebarbarian9883 Congrats! What are your first impressions?

@bikeninja956 4 года назад

congrats, sometimes you just have to pull the trigger

@MrinalChauhan 3 года назад

What do you guys think about automatic 06 cayman s for 9.5k ? Is it a good offer?

@williamegler8771 5 лет назад

A $1000.00 in liquid savings really should be closer to $5k to $7k. If you have to decide between paying your rent or fixing your car you can't afford the car....

@jh1328 4 года назад

If you can’t pay for it cash, you can’t afford it.

@TheLostSpirit1 3 года назад

Joshua Aaron defo not true, i got mine with credit 7 years ago and all went well

@OtomoTenzi 2 года назад

If you even have to THINK about how much $$$ you'll be needin' to spend every month on this car, then ya prolly CAN'T afford it!

@winchcable2282 4 года назад

thank you the "-Do not buy a Cayman just because you can’t afford the car you really want yet." really hit home I been really wanting a Jaguar F Type or a Porsche 911 (997). i like the 1st gen Cayman better then a 996 911 it just looks better from profile to details. Again thanks this was a super helpful video in picking a car for fun over just cause its practical.

@z2153 4 года назад

The real reason why he bought the Cayman is because the interior matches his pants.

@OtomoTenzi 2 года назад

And it's a pretty nice color too!

@AviatorGuy 5 лет назад

I came within 2K of buying a new Shelby Cobra, but decided to go with the Porsche 718 Cayman GTS... I've taken in on multiple long trips and it is the most comfortable car I've ever driven long distance... My longest drive was 1300 miles and I wasn't sore at all... The mpg is almost unbelievable on the open road... Its thirsty in the city, but its made for the open road, I love it!!!

@klied246 5 лет назад

Tryed a base 2007 Cayman. Had to buy a Accord coupe for now but the dream still lives on!!

@dachanist 3 года назад

At 20k for a running Porsche, I Cayman my pants. I see, you also Cayman your pants. Nice pants.

@mikemccleve1330 5 лет назад

You bring up a lot of really good points that other youtubers don’t. I agree with almost everything you said. I have owned a 09 Boxster for a couple years and all your questions are good ones to consider

@Marshal2909 4 года назад

this video should be named "How to be happy with things you have" :)

@bobbymounts 5 лет назад

Thank you for this video. I have been on the fence between C7 and Cayman. This definitely has leaned me towards Porsche. I live in Cleveland Ohio working as a nurse in a prison psych ward and need a reliable fun sporty car.

@throker 5 лет назад

That thing about depreciation of 1k a year sounds like something a dealer would tell you. I have been tracking 987 prices for the last year and I have watched the S models increase in value by something like %10. You might find your base model holding its value better than you think.

@mukangwamasamba6623 5 лет назад

Great video! Enjoyed watching this one as usual!

@SummitLife 5 лет назад

Great video! Glad your still uploading!

@aarondsouza6526 5 лет назад

ahh,summit life

@alexanderdegenhardt4343 5 лет назад

dude I love your videos man. Honestly saved my ass so many times working on my Cayman. Your videos saved me thousands. Cheers!

@duanebennett832 5 лет назад

Excellent questions and comments. Thanks

@michaelbellamy3464 4 года назад

Excellent review and words of wisdom, very thought out and well constructed video, Cheers from Australia 👍

@gman68137 4 года назад

Good advice here. Glad you recommended finding a shop first. Talking to a shop that works on them can 1) get good info on a model 2) set you up for a pmi before buying, and 3) start building that loyalty. When I was in my 20's, got a Ferrari 308 with that as a start. Knew what I was getting into, knew i could trust who was going to advise and work on it. Keep up the good work.

@OtomoTenzi 2 года назад

Good call!

@throker 5 лет назад

Fair descriptions of many people perception of Porsche owners. I find there are two types of owners; the enthusiast and the dentist that just wanted a "cool", pricey (looking) car. So maybe some owners deserve the reputation. Us enthusiast just have to live with the fallout.

@AcroTielGuy 3 года назад

Thank you for sharing your thoughts on this, I especially appreciated your comments on the privilege and recognizing the root of what should be making us happy with enthusiast cars like this.

@johndbro1 5 лет назад

If you spend more than a month driving a manual in Atlanta-style stop-and-go traffic, you'll never want to drive a manual again.

@briancoleman971 4 года назад

John Brothers Exactly why I am shopping for an auto. I live in Atlanta.

@swanfruitet462 4 года назад

Just get an pdk one then, not the tiptronic

@grntsndrs730 3 года назад

i live in Atlanta, my last 3 Porsches were all manual, my current VW is also manual, it's mostly the stiff suspension that I hate in downtown

@aarondsouza6526 5 лет назад

love ur work

@antd3467 5 лет назад

I do like your comment about owning a Porsches in general...…...good job

@vasudevgawde4767 5 лет назад

Great time to watch this video

@onanthebarbarian9883 5 лет назад

>>-Do not buy a Cayman because you think it will help you attract women.

@MartinAston00 2 года назад

Depends on the year… if it’s got the PDK , then “getting the full Porsche experience” would be by that, not the manual.

@eliasromero2203 4 года назад

Awesome videos man! I just sold my Audi A5 got me a Tacoma TRD but I’m missing my 2 door sports car, I’m leaning towards Porsche it’s always been my dream car

@idrivearttabletennis 5 лет назад

I would suggest you look for a really clean 2009 (and up) and avoid any potential engine bearing issue (and get PDK versus tiptronic if you want automatic). An 09 is usually just a few thousand dollars more than say an 08 or 07. Oil changes are cheap but some other service that you are suppose to do per owners manual (over time and miles) is not and may be a rude awakening when you need to do those services.

@threebigideas3488 5 лет назад

I like that you put yourself out there and put numbers on things...and since it's a video for general audience I think it is good. But I would also caution millennials to look beyond the month-to-month (netflix style) cost. Think about opportunity cost and the longer term. The 5 year cost of ownership for this possibly unreliable car is 30-50k between insurance, maintenance, gas etc. Is there any other investment you would rather put that money towards? Do you have a 6 month emergency fund in place? If you make 6 figures and have no other investment ideas just understand that you are likely stuck in the rat race chasing luxury goods or if you make a great income and like your job--buy it and enjoy. Depends what you value.

@PorscheTech 5 лет назад

Well done 👍🏻

@Detz0325 5 лет назад

I think a somewhat important thing about cayman verses any other 2 door is that it's not a front engine car so just basic oil changes I think are slightly more complicated and would probably cost more. And maybe some shops are a little more basic and wont do it properly because it takes a little more work.

@RyanSmith-op5el 4 года назад

Oil changes are quite expensive for Porsches however Caymans are extremely easy to diy. Several YT videos you can check out

@BuckMcAntlerson 5 лет назад

Well let's see what I did wrong... Lol Edit: Watched it. I think I nailed them all! Except maybe the compensating for "something" which I of course am. Seriously though this video was great and more in depth / insightful than maybe any other comparable one I've seen. Title is not clickbait.

@Mechonomist 5 лет назад

Thank you! You never know how people will receive “advice” videos even if you put a lot of work into them so it’s great to hear that some people find it useful!

@drowinwasteland 4 года назад

Where I live, if you can afford almost any new cheaper car, you can afford a used Cayman. Cayman's are 20-40k depending on year. That's Mustang, Camaro range, or used mid-top trim level truck range. I personally want a Cayman because I want a 2 seater that's a great deal for the price that I can use on weekends in the summer when I'm not going places with my family, since I have an F150 Supercrew for family outings and daily driving, and I have a winter beater Explorer to use on snow days to keep the salt off my F150. And depreciation isn't a concern since I plan on keeping the car for a long time, decades likely.

@rodrigosanroman5858 4 года назад

That is not true. A lot of people fall into that mindset that if you can afford a new Honda or something like that you can afford a used Porsche. Completely wrong. I know tons of people with new cars that would be buried in debt if they bought a used Porsche. You're completely forgetting about maintenance and high cost repairs. Get a dent in a new mustang boom 300 will cover that or heck you can buy a new bumped and won't even be all that much. On a Porsche you're lucky to be around $1,000. Mustang 50 bucks tops on oil changes. Porsche closer to 300-400. Tires way more.... ect. I think you get the picture. Also insurance eats me away personally.

@themockalove 4 года назад

Lol $200 for insurance. That's funny to a person living in Toronto ahah. I pay $250 monthly for my civic si insurance.

@SOCAL_SHORTS_FACTORY 5 лет назад

Your point about the manual transmission part doesn't apply to all. 987.2 does have PDK option which isn't as good as future PDKs, but is miles better than tip-tronic transmission and compelling enough to make you consider over manual transmission, for various reasons to lot of people. btw keep up the videos. In the market for Cayman right now and your videos helped me understand a bit more about the car.

@bilbobaggins7095 4 года назад

Does the tan dashboard reflect badly off of the windshield?

@559GreenGuilmonX 4 года назад

My credit score is 641(dealer told me)on experian and the dealer surprisingly approved me. I got it for zero down and the car is a 2007 Porsche Cayman with 41k miles on it. 20.5k is what its listed for. Funny enough i got denied for a 10 mazda rx8 r3 for 13k because the dealer in the state of washington doesnt finance out of state. I make 32k a year currently as a part time LVN and part time caregiver. I work about 38 hours a week with both jobs combined. My payments are 603 a month for 4 years aka 48 month loan term. Also the main reason i got this car is because its manual and the budget performance. I must say this isn't my first purchase of a car. Im 32 and have 4 paid off cars on my credit history. Im sure that played a part in me getting approved. Im looking forward to modding mine for track racing. I like your vids bruh. Keep up the great work.

@esotarek6174 4 года назад

Worth buying an 06 Cayman S that’s been borescoped and has 6 months warranty at 136k miles for

@savariaxa 5 лет назад

The Ur - Porsche Cayman 987.1 the base 2.7 l 245 HP has still the best design and can run easily 150.000 miles with no issues and is better then a 911 only people who know Porsche well will go for the Cayman. 😉

@Spazza42 4 года назад

So we’ll talk about money and affording one, and then straight onto finance. Honestly, if you have to take finance out on a car then you can’t afford it. Save up and buy it outright, that way you’ll at least get a deal on it. Finance is just overpaying and dumb advice.

@Rico-wp7dg 5 лет назад

6:40 my car lost about $17,000 in depreciation lol (I have a BMW 😞)

@boomba4087 4 года назад

I'm about to head to Korea for 9 months as a part of my military deployment and will come back with around 20K. I'll have a good credit score and every month I save around $1,550-1,700 in cash I don't even use since that money is strictly for a car (not bragging but I save money VERY well)... I'm obviously planning to either buy it in full or pay it almost damn near full in cash. So payments won't be a problem for me. Do you think that much money I save per month could hold me down with an older cayman? Like the 2006-10 models? I usually find good ones between $20-26K.

@a.jennings4664 5 лет назад

If you have ask how much do you need to make to afford a Cayman, you probably don't make enough.

@TrackSlayers 5 лет назад

So... how much do I need? AFAF

@dirtycanvas9711 5 лет назад

I dunno, I was pleasantly surprised by how (relatively) cheap they are

@sebastiand.1305 5 лет назад

It’s worth 7-11k in his exact condition... chump change

@dougiequick1 4 года назад

BTW I was shopping for either a Vette or Porsche and my brother says "So is your midlife crisis finally kicking in" Uhhh since I am well into my sixties I said "Nope more like my end of life crisis" Ya know? The whole "you only live once" "not getting any younger" "cant take it with you" "Either spend it now or your daughter in laws will spend it for you later" etc etc...But being a cheapskate did I pop for a Cayman? Nope ...I could pay cash for a new 911 but instead I bought a used Miata say ....pretty sad huh? Don't get me wrong it is an awesome Miata 2018 Club with only 10k miles...but still I am a bit ashamed...not that I didn't try to find a great deal on a Cayman....I just wanted one I knew was well taken care of and was not abused and not over priced. Hard to find such so I gave in when such a Miata presented itself before a Cayman did .... Once I decided it was time to buy a sports car I wasjust too impatient to drive SOMETHING fun asap lol....but hey now I can relax and keep looking. for the right Porsche...who says I can't own both a Miata and a Cayman? ...But will I even want to drive the Miata with a Cayman sitting there??

@xanderwilliams8400 3 года назад

- "do Not by a porsche to attract women"- Then you must not of heard of Joel TV or TKTV 🤣 "She belongs to the Streets"

@bikeninja956 4 года назад

depreciation is not as bad for luxury imports, for any porsche of any year, if kept in good condish, you can basically guarantee the value won't go lower than ~20k CAD, often times, depending on the model and year, the value actually goes up. It's a completely different world than with mass manufactured vehicles, which is basically like throwing money out the window....

@jh1328 4 года назад

To the first point, if you make less than 60k GAI, and especially if you have debts and living expenses, PLEASE do not buy a cayman. Buy an accord or civic for less than 5k and get your debts paid off. Just my advice.

@MORNINGSTAR190 4 года назад

Can I still get this without a credit score?

@dapperlygrungy3189 4 года назад

I thought of a 2020 Porsche 718 Spyder, but for $100,000 USD, I'd rather get an Audi RS Q8. I've owned a BMW 325i and X5. I'm much wiser now. I find it absurd to spend so much money and waste it on maintenance and repairs. I drive a Lexus GS 350. It's been trouble free and affordable to maintain.

@BuckMcAntlerson 5 лет назад

You paint your calipers? Looks good. Thinking about doing mine on my base.

@Mechonomist 5 лет назад

I did not paint them, but it could be a previous owner who either painted or replaced the standard calipers. I don’t think the original base Cayman was offered with red calipers (could be wrong there), but I also can’t find in my records where/when the calipers would have been replaced or painted.

@elenarobert 4 года назад

looks like you updated the taillights..

@admiral7922 5 лет назад

ADVICE NEEDED - I’ve found a cayman to buy. 2011 model and has 20k km’s on the clock. (Hardly driven). The car hasn’t been driven or started for 2 years. What do I need to do to get the car back on the road and running again? Can I just charge the battery and start it? Any help or assistance appreciated. I haven’t owned a porsche before

@oceanbronze8399 5 лет назад

Admiral check the battery, then try and jump it.

@oceanbronze8399 5 лет назад

I have a 2011 cayman s owner for 5 years with 39k. I thought my mileage was low but 20k for 2011 is super low. If all it needs is oil change and jump, and depending how much you will pay, sounds like a great deal.

@admiral7922 5 лет назад

Ocean Bronze thank you very much. How does the 2011 cayman s 3.4l 6 drive? Any good?

@chrisp4170 3 года назад

Noah, did you put your jacket on twice?

@paulschmidt5847 5 лет назад

Women of all ages love my 981 - and they tell me happily.

@dennislitson8651 4 года назад

Never ever go to the stealership!

@milchomarkov8158 5 лет назад

'06 S - I like danger.

@onanthebarbarian9883 5 лет назад

How so?

@milchomarkov8158 5 лет назад

@@onanthebarbarian9883 bore score, ims, rms...go for the 2.7 or the facelift if you wanna be safe.

@Nabsatark 5 лет назад

So if your annuals gross is below 60k ! You still good for brand new Kia ;)

@onanthebarbarian9883 5 лет назад

Which literally costs more than the Porsche Cayman i just bought.

@Tearial311 3 года назад

This video is for a 20 year old and never bought a real car before. I got duped

@Jmophoto_ 3 года назад

Wait.... is this Market Street?

@Bubukiki-do5qt 4 года назад

Dude, how are americans so reckless, a 1000 in savings is very little in europe. How do you guys survive ffs?

@ShaquilleOatmeal94 5 лет назад

how much do you make a month off of youtube?

@Alphack3r 4 года назад

I know this is 10 months late and you might not care now, but you can look up approximate earnings and a bunch of other stats for youtubers on socialblade. I'd wager that he makes as much or more off his merch than he does from ads on his videos (that's one reason why so many creators have merch at all).

@seivaDsugnA 5 лет назад

Now that you have a Cayman, doesn't life seem aimless and inevitably disappointing?

@matthewhowell1389 4 года назад

Really 60k Define and 16 Grand? You said it was 20 and you put down 4. The average new car cost at least 20 grand if not 25 and the average person is not clearing 60k. I'll take your word for it.

@rhodycars6058 3 года назад

Came for a buyers guide....left disappointed. I don’t think buyers guide means what you think it does.

@yetivanmarshall1473 4 года назад

I'm trying not to keep up with the unemployed these days.

@goons123flofy 5 лет назад

He keep calling me, gay man! Smh

@xanderwilliams8400 3 года назад

But I'm black😂🤣 if I were to get this car I could do gold digger videos from what it looks like 🤔

@bratcafe5632 5 лет назад

30 year Porsche owner here: A Porsche should always be garaged................. A Porsche should not be driven in snow (salt)................ A Porsche is not to be your only car.

@azizhachimi8744 4 года назад

Brat Cafe You said it ALL Sir!

@azizhachimi8744 4 года назад

Brat Cafe PS: I have a closed & heated garage, a 2013 Golf TDI hatchback, and am planning on getting a second hand 987.2 with 25k miles...which I will never drive on snow. Now, it's between a 2009 mx-5 GT PRHT with 23k miles (13k$), a 2009 Z4 Cayman with 25k miles (28.5k$) or a 2014 Z4 m package with 14k miles (33.5k$). The mx-5: I can pay upfront for it, the last 2 I have to finance 12K or 17k$+ taxes.....What do you recommend? Thanks

@ThePolaroid669 5 лет назад

Never get a loan for a depreciating asset.

@Mechonomist 5 лет назад

This is sound financial advice. However - and please forgive me for being pedantic - there are cases where it makes sense to borrow for a depreciating asset. For example, if you are taking out a loan for a capital asset that will increase your income/revenue. Like a construction company taking out a loan for a new machine - it may be a depreciating asset, but they will be able to increase productivity and finish more jobs in less time. In that case, it may make even more sense to finance the depreciating asset as opposed to purchasing it outright because the decreased liquidity from paying the full price up front may mean they cannot advertise their new and improved capability, or hire a trained operator to run the machine. For individuals looking to buy a car, if you replace "revenue" with "utility" there are lots of cases where taking out a loan on a car makes sense. If you're a parent who needs to taxi kids around and you want to maximize crash safety, then it would make sense to finance a large, safe vehicle even if you don't have the cash to buy it outright. Or if you just really really love driving sports cars more than anything else and you have a stable income but you're not good at saving, then a car loan can be a useful forced savings mechanism - as long as you understand and accept that you will be paying a premium for it. For this channel, I knew that the right car could help increase my revenue to the point where the car would effectively pay for itself. It was a calculated risk, but I knew that if I put enough money down I could always re-sell the car without being under water on the loan in case the risk didn't pay off. I also just get so much enjoyment out of driving it that, to me, it would be worth the interest I'm paying even if I didn't make any money off of it. All that being said, it is still a good general rule of thumb to avoid borrowing money to buy things that decrease in value. Again, I am not a financial adviser, so I may be completely off, but I do enjoy finance and economics enough that it's hard for me to pass up replying to a good comment that has room for expansion.

@milchomarkov8158 5 лет назад

unless you're into real estate pretty much anything is a depreciating asset.

@TrackSlayers 5 лет назад

@@milchomarkov8158 I'm a depreciating asset. Actually, I'm not even an asset.

@Yeoldelole 5 лет назад

@@Mechonomist Really really solid response.

@mhks68 5 лет назад

John Grieve almost EVERY “asset” is subject to depreciation. Sinking money into anything you think will make you money is a gamble.

@eddiegray793 5 лет назад

This was comedy correct ?

@raylars6986 3 года назад

... was this about a car or a dbag named Noah

@dapperlygrungy3189 4 года назад

Actually, women care if a guy has enough money to buy them Gucci bags and Louboutain shoes. It helps if you're a rapper, rock, star, actor. Goldigging women love to party.

@chrismurphy3800 2 года назад

I love how you just have to inject politics into the last few seconds of your video. Way to go on ruining a legit and interesting Cayman analysis. I'm completely done with your videos now...never again!