986 Prices

[KevinH1990]

Thanks for posting this.

How does Excellence gather its data?
Is this for cars with average mileage? If so, what is that?
Are these trade ins, private party or dealer sales?

[RandallNeighbour]

You know, I have no idea how they procure these prices. That's a very good question!

I just skimmed the article and it didn't say anything about how they determined the value. I do think it's from data of sold vehicles collected, and not suggested pricing by someone with a depreciation schedule in hand.

This is a regular feature of this magazine and each year they publish something on the 986 and 996. I'm betting they'll release something on the 987 and 997 soon and I'll post that too when it is published for all the 987 owners here.

[Grizzly]

Gee, thanks Randall. You just reminded me that I paid on the hiiiiiiggggghhhh end for my '97.

[humara]

i think i'm on the high end of that too.
2000 S
13,800 miles might have had something to do with this.

[zackwatt]

Mine was $31,000 for 2002 986S with 21000mi, thanks for reminding me too. paid on the high end

[nola mike]

$27500 for my '02 s last month with 40k on the clock--and a 100k mile warranty through 2010.

the guy i bought it from was honest and anal though; not the case with a lot of the cheaper cars which were for sale by wholesalers.

[KevinH1990]

I bought mine last year for $21250 with 30k on the clock. Since then it seems like prices for 2000 - 2002 models have softened a bit in this area. I didn't think that private party prices had fallen as low as the Excellence article suggests. That's why I'm curious about their methodology. If they are including data on cars sold at auction by dealers, that may explain some of those lower-end prices.

I haven't seen many low-mileage 2000's advertised for less than $20,000 in Virginia. Of course the selling price is what matters.

By the way Randall, you provided me with a lot of advice on my purchase.

[nola mike]

yeah, the other thing to consider is location. most of the clean cars i was looking at were on the west coast. not too many in alabama. while i ended up buying mine elsewhere (south carolina), the difference in travel time/hassle was huge; certainly not worth the $2k that i could have potentially saved.

[RandallNeighbour]

Folks, there's nothing wrong with paying the high end for a Boxster IF the car is pristine and has very low miles on it.