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The BMW M Coupe is perhaps the primary rival to the 2008 Porsche Cayman, if you're not counting roadster models.
Compared to the Cayman, the M Coupe doesn't have as much finesse on the road; it feels a bit heavier behind the wheel, but it's still enjoyable to drive with its good suspension design and silky straight-six engine.
Its interior is better designed than that of the Cayman, too.
For those looking for something even more exclusive and extreme in performance, without breaking the bank too much, the Lotus Elise is a possibility.
The lightweight Elise has a little 1.8-liter four-cylinder engine, yet it can reach 60 mph faster than the Cayman.
Don't plan on a lot of comfort, though; the ride is hard, the interior is loud, and appointments are basic.
You'll also be one of the lowest vehicles on the road.