What a Car Costs in Cayman
The used-car market, tracked: asking prices across every live classified listing on the island, refreshed weekly, headlined by the Honda Fit index, Cayman's budget car as a single number. Plus what motorists actually pay for insurance, from official regulator data, and the fuel and duty picture.
Car Prices and Ownership Costs in the Cayman Islands
Daily.ky tracks every live vehicle listing on ecaytrade weekly. As of the latest scan there are 1,250 priced vehicles listed (CI$2,500 and up) with a median asking price of CI$11,500. By type: cars CI$8,000 median across 716 listings, SUVs CI$23,700 across 401, trucks CI$28,950 across 102. The Honda Fit, Cayman's iconic budget import, has 109 live listings with a median asking price of CI$8,900. These are asking prices, not transaction prices.
Model-level median asking prices (14 nameplates with at least 8 live listings): Suzuki Swift CI$5,750 (10 listed, 477 registered on island); Honda Accord CI$5,800 (29 listed, 1,118 registered on island); Honda CR-V CI$6,800 (17 listed, 1,401 registered on island); Honda Civic CI$7,000 (13 listed, 508 registered on island); Honda Fit CI$8,900 (109 listed, 5,380 registered on island); Kia Sportage CI$9,995 (15 listed, 1,091 registered on island); Toyota Aqua CI$10,450 (20 listed, 218 registered on island); Toyota RAV4 CI$14,000 (10 listed, 1,019 registered on island); Toyota Yaris CI$19,500 (16 listed, 246 registered on island); Toyota Corolla CI$20,950 (16 listed, 298 registered on island); Honda Vezel CI$22,744 (22 listed, 272 registered on island); Jeep Wrangler CI$32,000 (28 listed, 522 registered on island); Toyota Hilux CI$41,500 (13 listed, 494 registered on island); Ford F-150 CI$48,750 (14 listed, 118 registered on island). Market pulse: median time from listing to delisting (a sold proxy) is about two weeks; roughly 23% of live listings have cut their price, with a median cut of 8% (about CI$1,000).
Car insurance: per CIMA's audited domestic insurance statistics, Cayman motorists paid about CI$50,611,596 in motor premiums in 2024, roughly CI$1,091 per vehicle passing inspection (ESO data), up about 22% since 2019. Import duty on most motor vehicles is 29.5% under the Customs Tariff Act. There is no vehicle sales data source in Cayman; delisting is used as a sold proxy.
The model index
Every nameplate with at least eight live listings, cheapest first, alongside how many are registered on the island (DVDL, April 2026). The strip is the middle half of asking prices (25th to 75th percentile) on a shared scale; the dot is the median. The island's two markets are visible at a glance: the budget cluster under CI$12k, and the truck-and-toys tier beyond CI$30k.
| Model | On the road | For sale now | Median asking | 10k20k30k40k50k |
|---|---|---|---|---|
| Suzuki Swift | 477 | 10 | CI$5,750 | |
| Honda Accord | 1,118 | 29 | CI$5,800 | |
| Honda CR-V | 1,401 | 17 | CI$6,800 | |
| Honda Civic | 508 | 13 | CI$7,000 | |
| Honda Fit | 5,380 | 109 | CI$8,900 | |
| Kia Sportage | 1,091 | 15 | CI$9,995 | |
| Toyota Aqua | 218 | 20 | CI$10,450 | |
| Toyota RAV4 | 1,019 | 10 | CI$14,000 | |
| Toyota Yaris | 246 | 16 | CI$19,500 | |
| Toyota Corolla | 298 | 16 | CI$20,950 | |
| Honda Vezel | 272 | 22 | CI$22,744 | |
| Jeep Wrangler | 522 | 28 | CI$32,000 | |
| Toyota Hilux | 494 | 13 | CI$41,500 | |
| Ford F-150 | 118 | 14 | CI$48,750 | |
Models are parsed from listing titles, so counts are floors rather than exact. Asking prices, not transaction prices; listings under CI$2,500 excluded.
What model year costs
Median asking price by model year. The step up after 2014 is visible in the data: a 2019 car asks roughly double a 2012.
The market's pulse
Weekly medians since tracking began (2026-07-05 to 2026-08-16). A young series: treat direction, not wiggles.
Frequently Asked Questions: Cayman Islands
How much does a used car cost in the Cayman Islands?
Daily.ky tracks every live vehicle listing on the island weekly. Typical asking prices: used cars around a CI$8,000-9,000 median, SUVs around CI$24,000, trucks around CI$35,000. Decent runabouts start around CI$4,000-6,000. Prices sit above US levels largely because import duty on most vehicles is 29.5%.
How much is a Honda Fit in Grand Cayman?
The Honda Fit is Cayman's default budget car, so Daily.ky publishes a single-model Fit index from live listings: recently around a CI$8,500 median across 80+ live listings, with pre-2015 models near CI$6,000 and 2018-or-newer imports near CI$11,500.
How much is car insurance in the Cayman Islands?
Official CIMA data shows Cayman motorists paid about CI$50.6M in motor premiums in 2024, roughly CI$1,100 per licensed vehicle, up about 22% since 2019. That is an all-market average; published guidance puts basic third-party cover on a mid-sized car at roughly CI$450-650 a year.
What is the import duty on a car in the Cayman Islands?
29.5% of the vehicle's value for most motor vehicles under the Customs Tariff Act, which is why 'newly imported, duties paid' matters in listings and why used prices in Cayman run above US levels.