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 Honda Fit Index

The Fit is Cayman's default budget car and the densest single nameplate in the classifieds, which makes it our single-model price benchmark, the used-car market in one number.

Asking Prices by Vehicle Type

TypeLive listingsMedian asking

Car Insurance: the Official Numbers

Fuel and Import Duty

Methodology and sources
  • Listing prices are asking prices from live ecaytrade classifieds, refreshed weekly, not final transaction prices. Listings under CI$2,500 (parts, scrap) are excluded from medians. A listing disappearing is our best available proxy for a sale.
  • Honda Fit index: every live listing whose title identifies a Honda Fit, banded by model year.
  • Insurance: motor gross written premiums from CIMA's audited domestic insurance statistics divided by vehicles passing DVDL inspection (ESO Compendium, Table 17.02). This is an all-market average per vehicle, including commercial fleets and comprehensive cover; it is not an individual quote. The consumer third-party range shown is Cayman Resident's editorial estimate, attributed as such.
  • Import duty: 29.5% for most motor vehicles under the Customs Tariff Act.
  • Fuel price is the live Daily.ky fuel index average (self-serve regular).

Source: Daily.ky weekly listings monitor · CIMA · ESO · OfReg fuel data

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.

ModelOn the roadFor sale nowMedian 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.

Cars · median asking by model year
10k20k30k2006 · CI$3,800 median · 27 listingsCI$3.8k062007 · CI$4,400 median · 38 listings2008 · CI$4,950 median · 30 listings2009 · CI$5,500 median · 35 listings092010 · CI$5,800 median · 42 listings2011 · CI$6,500 median · 50 listings2012 · CI$7,000 median · 47 listings122013 · CI$7,000 median · 15 listings2014 · CI$7,000 median · 22 listings2015 · CI$8,500 median · 33 listings152016 · CI$9,800 median · 31 listings2017 · CI$12,500 median · 24 listings2018 · CI$10,250 median · 28 listings182019 · CI$12,000 median · 57 listings2020 · CI$12,000 median · 47 listings2021 · CI$15,000 median · 37 listings212022 · CI$24,750 median · 6 listings2023 · CI$30,000 median · 11 listings2024 · CI$34,750 median · 8 listingsCI$34.8k242025 · CI$23,000 median · 21 listings2026 · CI$29,450 median · 32 listingsCI$29.5k26
SUVs · median asking by model year
10k20k30k40k2007 · CI$4,000 median · 7 listingsCI$4k072008 · CI$6,000 median · 13 listings2009 · CI$5,650 median · 6 listings2010 · CI$5,150 median · 8 listings102011 · CI$8,000 median · 13 listings2012 · CI$7,500 median · 11 listings2013 · CI$5,750 median · 10 listings132014 · CI$12,000 median · 11 listings2015 · CI$11,975 median · 22 listings2016 · CI$15,000 median · 9 listings162017 · CI$17,000 median · 20 listings2018 · CI$22,500 median · 16 listings2019 · CI$18,500 median · 21 listings192020 · CI$16,500 median · 11 listings2021 · CI$25,900 median · 13 listings2022 · CI$26,000 median · 19 listings222023 · CI$43,900 median · 15 listingsCI$43.9k232024 · CI$26,950 median · 24 listings2025 · CI$36,198 median · 50 listings252026 · CI$30,000 median · 81 listingsCI$30k26

The market's pulse

~2 weeks median time from listing to gone (sold proxy, 1,331 delistings)
23% of live listings have cut their asking price at least once
8% ≈ CI$1,000 median size of a price cut — the going negotiation room
Cars · weekly median
8.0k8.5k5 Jul16 Aug2026-07-05 · CI$8,5002026-07-05 · CI$8,5002026-07-12 · CI$8,5002026-07-19 · CI$8,5002026-07-26 · CI$8,5002026-08-02 · CI$8,5002026-08-09 · CI$8,0002026-08-16 · CI$8,000CI$8k
Honda Fit · weekly median
8.5k9.0k9.5k5 Jul16 Aug2026-07-05 · CI$8,5002026-07-05 · CI$8,5002026-07-12 · CI$9,2002026-07-19 · CI$9,0002026-07-26 · CI$9,5002026-08-02 · CI$9,5002026-08-09 · CI$8,8002026-08-16 · CI$8,900CI$8.9k

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.