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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Porsche Cayman S
Valuation · Porsche · 987.2 · 2009-12

Porsche Cayman S

3.4L NA flat six · 235 kW / 370 Nm · 6sp manual · RWD
CONSIDERRated within the $30k to $100k band · 31 of 94 at this money
Model value
$69,000
Must gain each year to break even
+10.8%
The projection does not clear it, and nor does most of the library.
CarQuant score
56/100
Scored against the $30k to $100k band, not the whole library
Evidence grade
Thin
One to three recorded Australian sales
$69,000
$50,062 lowhigh $97,351
Calibrated to a thin record
Two Australian sales: $73,234 (May 2023, 65,092km, manual) and $51,000 (Nov 2023, 164,061km, PDK, encumbered). No result since 2023

Looking at a Cayman for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$69,000
At about 90,000 km. Enter an asking price to compare.

Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.

A person reads the advertisement and its photographs. Usually back within 48 hours. Read a real listing report

Price history

Today $69,000 · modelled median at five years $73,588
Solid line: the value this library has carriedDashed from 2026: modelled · even money $61,213 to $86,087
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($50,062 to $97,351). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

A defensible case with reservations. Scores 56/100, ranking 31 of 94 in the $30k to $100k band. Demand durability is the strongest input, liquidity the weakest.
Running it costs about $7,850 a year (11.4% of value), which is what the economics score measures. All in, including the projected value change, it is $7,984 a year.
The model's five year median is $73,588, a +6.6% move, with the tenth percentile at $50,062.
Value calibrated to a thin record. Treat the level as provisional.
Evidence
Thin2 recorded sales
Off its peak
-16%
Value band
wide
At least one recorded transaction plus a source. Direction is sound, the exact level less so.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$7,984 a year all in, +6.6% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$69,000

Recorded sales

Every recorded observation, and when
2 rows on record
$79k$63k$48k
202420252026
the value this record published, year by yearnow $69kwhat the model expects across 65k–164k kmsold
Every row, with its price and note (2) ↓
Library value against the sold record
2 sales · median $62,117
Value $69,000
$51,000$73,234
Nov 2023Collecting Cars$51,000Sold
SOLD. 9 Nov 2023, Alice River QLD, 164,061km. 2010 987.2 Cayman S, seven-speed PDK, Basalt Black on black alloys with darkened lenses. Sport Chrono, Eibach lowering springs, Zimmermann discs and pads, XPEL film. Twelve dated service entries from 9,701km in July 2011 to a major service at 162,285km by Porsche Centre Townsville in February 2023. A security interest was logged against the VIN on the personal property register at the time of sale
May 2023Collecting Cars$73,234Sold
SOLD. 11 May 2023, Cleveland QLD, 65,092km. 2011 987.2 Cayman S, six-speed MANUAL, silver over black leather with contrast stitching, four owners from new and three and a half years with the last. Sport Chrono, factory switchable sports exhaust, electric sports seats with memory, PCM3 navigation, 19-inch Turbo-style alloys on Michelin Pilot Sport 4S. Largely original - non-genuine Porsche door and headlight decals fitted, perishing front spring seats and an oil film at the intake manifold coupler disclosed. The better of the two Australian results and the one this value is built on
2 completed Australian sales of 2 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Score breakdown

Against the $30k to $100k band median
94 cars in band · ink tick marks the median
Ownership economics30% of total
52/100-3
Scarcity25% of total
47/100-6
Demand durability20% of total
74/100+8
Liquidity15% of total
43/100-9
Risk resilience10% of total
74/100+38
Sub-scores run 0-100 before weighting; the weighted total is 56/100. Medians are computed live from the 94 cars currently in the $30k to $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
52/100
Baseline80 pts
− 11.4% of value a year to run-28 pts
Sub-score (baseline plus drivers, clamped 0-100)52 pts
Scarcity25% weight
47/100
Baseline20 pts
+ 174 registered in Australia+27 pts
Sub-score (baseline plus drivers, clamped 0-100)47 pts
Demand durability20% weight
74/100
Baseline40 pts
+ Direct-injection engine solved IMS fear+20 pts
+ Manual mid-engine Porsche demand+14 pts
Sub-score (baseline plus drivers, clamped 0-100)74 pts
Liquidity15% weight
43/100
Baseline5 pts
+ 71 days on market+28 pts
+ 90 sales a year+10 pts
Sub-score (baseline plus drivers, clamped 0-100)43 pts
Risk resilience10% weight
74/100
Baseline90 pts
− 9% volatility-6 pts
− Bore scoring incidence low but priced-10 pts
Sub-score (baseline plus drivers, clamped 0-100)74 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 5,806 km a year

Annual cost of access, excl. fuel
$7,850a year
Share of value per year
11.4%
Scheduled servicing$2,20028%
Tyres, annualised$1,05013%
Registration and CTP$75010%
Insurance$1,70022%
Sinking fund (failure table)$2,15027%
All-in annualised (a different number)
Purchase (model value plus duty)$71,760
Running costs × 5 years$39,250
Median exit, net of selling cost$71,088
All-in annualised over 5 years$7,984/yr
Share of value per year11.6%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
10.8%a year, only to get the money back
This library projects
+1.3%a year
The projection falls 9.5 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$69,000
Stamp duty$2,760
Running costs x 5 years$39,250
Selling cost at exit, 3.6% of the salescales with price
Sale price needed at +5 years$115,183
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine3.4L NA flat six
Power / torque235 kW / 370 Nm
0-100 km/h5.2 s
Transmission6sp manual
DriveRWD
Kerb weight1,350 kg
Built worldwide15,000
Delivered to Australia1,100
Effective AU survivors174
Australian sales / year90
Typical days on market71 days
Launch price$145,900

What moves the price on this model

Colour hierarchy
Guards Red+4%
Aqua Blue+4%
Basalt Black0%
Options
Manual over Tiptronic+6%
Sports exhaust and LSD+4%
Sport Chrono+2%
Odometer sensitivity±2.4% per 10,000 km vs 90,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$73,588
+6.6% on today
The model's figure. Today it is $69,000.
Even odds it lands between $61,213 and $86,087.
$50,062 lowhigh $97,351
The shaded range is even money and 41% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A stronger five year outlook than 51% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: +$4,588 across five years.
Running costs over the same period: $39,250.
Duty and expected selling costs: $5,260.
Net cost of five years of ownership: $39,920, or $7,984 a year.
The projected value rise offsets part of the running cost. It does not make the car free to own.

The case for and against

The case for

The 9A1 engine removed the 987.1 reliability discount that hangs over the earlier car, and the manual six-speed is the configuration buyers hold out for - the one Australian manual result is 44 per cent above the one PDK result. Only 174 are thought to remain registered here.

The case against

Running costs are Porsche running costs against a value that has just been cut by a fifth, which takes the annual cost of ownership to 11.4 per cent of what the car is worth - among the worst ratios in this library. Both Australian results are from 2023, both from Queensland, and one of the two was sold with a security interest logged against its VIN, so the sample is narrow as well as old.

Known faults and risks

Risk 1Bore scoring on hard-driven cars
Risk 2PDK cars cap the market
Risk 3Tyre and brake consumable cost
Bore scope inspection$450
Clutch and flywheel$4,200

Similar cars, and what they cost to run

Evidence behind this valueThin · 2 recorded sales
Carried value
$69,000
Historical price
2016 · $82,0002026 · $69,000
Thin
At least one recorded transaction plus a source. Direction is sound, the exact level less so.
Two Australian results arrive at once on a record that had none, and they are a long way under the carried figure

A six-speed manual 987.2 Cayman S showing 65,092 kilometres made $73,234 at Cleveland in Queensland in May 2023. A PDK car showing 164,061 kilometres made $51,000 at Alice River in November 2023. This record carried $89,263 - a figure no Australian transaction had ever supported, and one that sits 22 per cent above the better of these two before any adjustment for the fact that the better one is also the lower-distance car.

Read the rest of the evidence notes (6 more)
Two observations and two unknowns, so the system is exactly identified, which is both its strength and its weakness

Holding this record's 6 per cent manual premium fixed and solving the pair simultaneously for a standard-car value and a distance slope returns 2.8 per cent per 10,000 kilometres and $68,458 at the expected 90,000. There are no degrees of freedom left, so there is no error estimate and no residual to inspect: the fit is exact because it must be, not because it is right.

The slope is then deliberately softened to 2.4 rather than left at 2.8

The Alice River car is doing more than carrying distance. It is on lowering springs and aftermarket discs, and a security interest was logged against its VIN on the personal property register at the time of the sale - an encumbrance a bidder prices in whether or not it is discharged at settlement. Each of those depresses it independently of the odometer, so 2.8 is an upper bound on what distance alone costs rather than a measurement of it. At 2.4 the manual result implies $69,103, and that is where the value goes: $89,263 to $69,000.

The old distance penalty of 1.1 per cent could not have explained this pair at all

At 1.1 the two results de-adjust to $71,281 and $58,857 - a twelve thousand dollar disagreement about the same car in the same year. Whatever else is uncertain here, 1.1 was wrong.

The PDK car is the better-documented one and it still lost

Twelve dated service entries and a Porsche Centre major service eight months before the sale, against four owners and a partial book on the manual. The gearbox and the odometer beat the paperwork, which is the reverse of what this library usually finds and is worth watching for in the next result.

Both results are from 2023 and nothing has traded since,

So the value line runs flat from there rather than being carried upward. This record previously claimed manual cars appreciate about 4 per cent a year; no Australian evidence measures that, and the claim has been removed rather than restated.

What would move this record most

A manual result after 2023. Both cars here are Queensland lots sold seven months apart, and one of them is encumbered. That is a narrow window on which to hang a national value. SOURCING: aggregator-surfaced auction results, not confirmed against the auction house, the weakest evidence grade in this library.

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This model, today$69,000
Half of sales are further out than$7,714
The report$249
31×
the price of the report: what half of real sales of this model sit further from this page's number than, on this car
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