Quote:
Originally Posted by fivepointnine
is that the same time that Boxster values took a nose dive also?
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Boxster values are fairly consistent with other luxury cars that sold for similar prices new. Take my 2002 BMW X5 for example; $60K new and 10 years/100,000 miles later its worth about the same as a 2002 Boxster with similar mileage.
What drove Boxster (and BMW X5) prices down is simply the large number that were sold. Fast forward 10 years and now there is a glut on the market of used, good condition cars which causes the price to drop.
This is different from the 993 and previous 911 air cooled models that never sold nearly as many cars and with the advent of the water cooled engine have acheived somewhat cult status - both of which have tended to keep re-sale prices high.
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