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Old 01-17-2013, 09:09 AM   #1
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Thanks, I think $13,500 is where I'll start. Somebody's going to get a nice car.
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Old 01-17-2013, 02:55 PM   #2
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Originally Posted by George in Plano View Post
Thanks, I think $13,500 is where I'll start. Somebody's going to get a nice car.
That is probably very true. I know past repairs is not an indicator of how reliable the car will be in the future but it seems that way a lot with a Boxster. I got my 2000 'S' 26 months ago with 51k miles for $15.9 and I know I over paid some but there were no other Red ones at all in my area, however it's repair history was great and every part I took off and replaced before it could break turns out was in great shape and would have likely gone another 30k miles.

Some buyers will look at a car and say "It's been a great care, should be a great buy" others will say "well not much has been replaced, it's gonna cost me to replace them". Two schools of thought.

Don't be in a rush to sell it. The price won't drop much between now and next summer.

Post some pics for us...and welcome to the forum and good luck!
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Old 01-17-2013, 03:39 PM   #3
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Don't be in a rush to sell it. The price won't drop much between now and next summer.
I have the opposite feeling. The 981 will push down 987 prices.
If a few extra grand will get you into an early987 vs. opting for a 986 then I don't see how 986 prices hold over the next 12 months.

I think the opposite will be true for 997 Carreras. The 991 has been priced so much higher, particular the S model which is well over $120K. That will push up demand for 997's as people opt out of what will surely be steep 991 depreciation in favor of mint 997's. Which in turn will drive down 996 Carrera prices which are already down to $10K in some cases.
Point is first gen water-cooled Porsches will need a really compelling reason to sell ie. very very low miles or lots of upkeep and upgrading if getting into the next generation of Porsche is not too big a stretch. Sure some have limited budgets and can't make the stretch but those buyers don't look at Porsche to begin with for fear of maintenance costs. Chances are if they can afford a 986 then they can afford an older 987.
If I were selling, I'd be doing so at the first sign of spring.
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Old 01-17-2013, 04:08 PM   #4
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Originally Posted by Perfectlap View Post
I have the opposite feeling. The 981 will push down 987 prices.
If a few extra grand will get you into an early987 vs. opting for a 986 then I don't see how 986 prices hold over the next 12 months.

I think the opposite will be true for 997 Carreras. The 991 has been priced so much higher, particular the S model which is well over $120K. That will push up demand for 997's as people opt out of what will surely be steep 991 depreciation in favor of mint 997's. Which in turn will drive down 996 Carrera prices which are already down to $10K in some cases.
Point is first gen water-cooled Porsches will need a really compelling reason to sell ie. very very low miles or lots of upkeep and upgrading if getting into the next generation of Porsche is not too big a stretch. Sure some have limited budgets and can't make the stretch but those buyers don't look at Porsche to begin with for fear of maintenance costs. Chances are if they can afford a 986 then they can afford an older 987.
If I were selling, I'd be doing so at the first sign of spring.
I can't totally disagree I've had the same thoughts. There are also a lot of new 981 over $75k that I think are going to become harder to sell. It will be interesting to see if sales continue high. I guess my thought was $13.5k is starting to get pretty low, I'm just wondering how much a well maintained 'S' can drop...especially with the population shrinking with all the IMS failures .
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