Quote:
Originally Posted by Grizzly
Now I didn't kill myself researching this but:
The 1998 Lotus Esprit's base price appears to have been $82,625. I just found a couple of examples for sale for $37,000 or thereabout. Its resale value appears to be roughly 45% of MSRP.
The 1998 Boxster appears to have had an MSRP of $40,745. Though KBB says its value is now $20,225, lets assume $18,500, a more realistic selling price for a nice '98. Let's see... that's...about... yup, 45% of MSRP.
I wonder how a more comparable 993 would have held up?
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You know what? While this is an interesting analysis, it really doesn't matter, cause you're not gonna change Minnesota Man's viewpoint of the car, and he's not going to change ours. He's going to continue to post the issue about his friend's 04 engine failure as an example to prove his point, and we're gonna continue to point at Boxsters that have had no issues at all. Different philosophies at the end of the day. I am with you 100% on your viewpoint of this whoe discussion, and personally, I expected to pay a little more to play when I bought the Porsche. Again, if I wanted 100% reliability, I would've bought a Honda or Toyota. I'm not expecting "value" in any sense of the word. I use my car only on weekends for pleasure, as I live in NYC, and I pay over $500 per month just to park my car in a massive underground parking garage. At that rate, I could change a new engine every 2 years from the parking rent costs alone. The point is, if all this stuff scares you to the point of it not making you enjoy the car anymore, then sell it. MN has every reason to move on to something different. Me personally, what I also love about a Porsche as compared to a Lotus or Ferrari is that if you do break down, you can actually find a Porsche dealer within a reasonable distance of wherever you are because there is a very good dealer service network built up here. Not so with a Lotus or Ferrari. To each his own.
YMMV and all that good stuff.