Quote:
Originally Posted by rp17
I hear many say that our car problems is the reason why they have depreciated so much. Some of that is obviously true but have you priced ANY german car that is 6-10 years old? Take a look at the M3 from around 2003. There is one near me selling for 15K and that wasn't the cheapest one. 04 MB SL 500s are going for 20K. I like my car but I don't think they depreciated enough to reflect this problem if its really that bad.
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+1 Agree. IMS has only a minor effect on re-sale value of the Boxster. My 2002 BMW X5 went from $58K new to $11,500 when I sold it in 2010. Just about the same depreciation as a Boxster and other similar luxury cars.
The difference is that most Porshe (i.e, early 911) owners are used to their cars holding significant value and not dropping like the rest of the used car market. The reality is that Boxsters and other water cooled Porsche's are now just like any other car (from a re-sale point of view).