Market Values

[Old Chuck]

Having looked at prices for the 986, it seems that it loses much of its value fairly quickly.

That will not deter me from a 987 purchase in the near future but was wondering if any folks have any good answers on why it loses its value more then some. I am new to the forum and realize that most of you have many more years of experience with the Boxster then I and thought that you may have some reasons why.

[Loren]

Try looking in recent issues of Excellence magazine. Every month they review market values, trends and affects on various Porsche models.

[986Jim]

Boxster is their highest producing model, they just built the 200,000 one this month. They also don't loose their value that quickly. If you buy a really good condition, one owner with options car it wont be cheap. Crappy versions of the car that have gone through a few owners and have a sketchey background are the cheap models. Whatever the cheapest one out there is, expect to pay 25% more for the one you really want.

If you can get a 2000 S for 20k then buy the one for 25k kinda thing...

[Surreal986]

I am under the impression that the boxster is in its last years. I think the Cayman will

be the car of the future, including the luxury sedan. So just maybe the boxster will begin

to gain in value. this is just my opinion

Boxster is their highest producing model, they just built the 200,000 one this month. They also don't loose their value that quickly. If you buy a really good condition, one owner with options car it wont be cheap. Crappy versions of the car that have gone through a few owners and have a sketchey background are the cheap models. Whatever the cheapest one out there is, expect to pay 25% more for the one you really want.

If you can get a 2000 S for 20k then buy the one for 25k kinda thing...

[fasterjames]

986Jim is right on target. I am finding out that the maintenance performed by previous owners is worth much much more than the money that it might take to 'catch it up' to where it needs to be. It would be worth more to find one that has good records.

Because the body hasn't changed too much since it's introduction (a common and great characteristic of German vehicles) it is perceived that it is still a newer and expensive model. So when people see the 97 Boxster with 150,000 miles many still equate it with the newer 987s. This is why it may be surprising to find a Boxster for 13-15K.

This being said, I think it is a great tribute that 10 years later it still holds 25%+ of it's original value.

Good luck in your purchasing.

[rsfeller]

Compared to most other cars and especially like cars (BMW Z3, Mercedes CLK) ect it holds about the same percentage best I can tell from my constant ebay searching.

has anyone just considered the 996 is just a bit over priced and holding it's value to well?

I'm amazed that the 996 is half the same car but can be almost three times the same price! (not including turbo and extreme models!)

Additionally other then the 911 serires is seems to me that 944 (924), 928, 968 and now 986 can be had for resonable money at 7-10 years old. It's only the mystic of the 911 that holds it's value in the same respects as other collectable cars. Like any car if it was really a garge princess it will hold it's value. I would guess more Porsches (then not) are garage princess and thus have good resale.

Supply/demand are what drive economics but fashionability aand perception are the issues at work here to. Let's face it everyone has always said the boxster was the poor man's porsche. it's the only reason I can afford a reliable one!

image. image. image.

Additionally entry level cars are not only meant to be driven, but are.

I'm not at nervous as others about unknow history and 3rd ownership. An informed consumer can just as easy buy a good car at a great price on the used market. Now if you are just one of those rich guys with more money then brains then yea go ahead and pay 33% over average market value. Chances are you will get a better car and less headaches but...

I have a buddy (weathier then me for sure) that constantly buys CPO cars (mostly european) paying 25-33% over average market and there is no question that our cars go to the repair show the same amount and mine has twice as many miles. Yes I am a bit more savey consumer and DIY'er then him cars but his CPO need just as much work on regular as mine. His last CPO lost the tranmission (BMW) 60 days out of warrenty.

[boggtown]

I bought my 1 owner, all original paint 99 Boxster at a very good price. Good deals are out there, you just have to look.