Re: Maintenance, depreciation Comparisons between BMW Z4, 325 Coupe and Porsche Caymen
Approximate figures - Cayman has no data today for resale:
Porsche Cayman 2.7 Getrag6 PASM Sportchrono Authorised Distributor
Assuming S$200K downpayment:
Engine Size (cc): 2,687
Approximate Road Tax (yearly): $2,581
Approximate Road Tax (monthly): $215
Price: $253,000
OMV: $79,000
Minimum PARF benefit: $43,450
COE paid: $13,000
Annual straight line 10-year Depreciation $21,407
Current COE rebate^: $12,726
Current PARF rebate^: $65,175
Total "Paper" Value: $77,901
Premium paid over Paper Value $175,099
Fuel (cost per litre) $1.73
Anticipated no. of kms per litre 7.6
Anticipated annual mileage: 12,000
Monthly Fuel Cost: $228
Annual Fuel Cost: $2,732
Annual Depreciation (till year 10): $21,407 (this is WORST CASE)
Interest (Monthly): $126
Road tax (Annual): $2,581
Insurance: $2,000.00
Maintenance: $1,000.00
ERP @ per month: $60.00 $720
Total Annual Cost (10 yr outllok): $30,565
Total Monthly Cost (10 yr outlook): $2,547
Total Annual Cash Out-flow $19,376
Total Monthly Cash Out-flow $1,615
Subjective evaluation (IMHO only):
Based on Boxster stats, the Cayman would have better depreciation against the 325 and Z4 because of far lower numbers and badge desirability. Because of HUGE service intervals (30K km) the maintenance should be comparable to what's charged by BMW and Mercedes. 6 year old Boxsters still sell for S$150K+, but it is difficult to measure depreciation for this because price paid for Boxsters 6 years ago included CRAZY markup figures by Stuttgart, and this is much improved now because of PI activity. Considering that Boxster S is now 264K threabouts the modified depreciation is `only' 17K/year over 6 years ...
LOL. Actually if you look at these figures, makes little sense except in a presentation to the finance minister. Buy if you can and if you desire it.