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Registered User
Join Date: Apr 2012
Location: Ontario, Canada
Posts: 598
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Anyone expecting Boxster values to go the way of Speedsters, or Convertible D's, or 356 A's or even early 911's should think again - as has already been pointed out, they were produced in too great a volume. However, IMO there is reason to believe that values for excellent examples of the 986 have virtually bottomed and that they will start to appreciate. Why?
1. The 986 Boxster was a seminal design for Porsche, not only because it saved the company, but because it caused huge excitement in the motoring world. For as many as they sold (new highs for Porsche), there were many more who lusted after one but could not afford them. For many young persons, it became the expensive, but not ridiculously expensive 'dream car'; the one they could imagine one day owning; the one displayed in posters on their bedroom walls. Those persons (and those who wanted one, but due to family obligations could not then afford one) still have these memories. Much like the original Mustang, which was produced in much greater numbers, that 'desireability' will ensure solid interest and demand in the years to come. Much like early Mustangs, there is very good reason to believe that in time, in spite of the numbers produced, prices will rise substantially.
2. Its design, harkening back to the 550 Spyder, made a direct connection with Porshce's roots. The 944 - an admittedly nice upgrade on the joint Porsche/VW 924, did not do the same.
3. The 986 was not only pretty, but it was a unique design: no one could confuse it for anything else. Each subsequent version of the Boxster has become more and more of a generic, mid-engined sports car design.
4. Also unlike the 944 (and 928), the 986 was the first of a model-line for Porsche that, like the 911, has not only continued, but will likely continue into the forseeable future. Consequently (and as some mid-20's friend of my son recently said), it is the ORIGINAl Boxster!
5. The 986, with its incredible mid-engined balance, is still an absolute joy to drive. The weight distribution, Brembo calipers and vented discs all ensure braking that is, especially with upgraded tires, still superior to virtually any new front-engined car. The steering is delightfully direct and provides incredible feedback - frankly, superior connection to the road than the electric power steering in most new cars, including the 981 Boxster.
6. Interest in the 986 will continue to be generated by the new 986 spec series racing.
7. The very low prices at present for the 986 ensure that the supply of good examples is rapidly diminishing - many can afford to buy one, but few can afford to maintain them. In essence, while the supply is rapidly depleted, for all of the reasons stated above, we can expect demand to remain relatively high.
8. The first 986 Boxsters (assembled in 1996) are already 17 years old and within 3 years they will be eligible for 'vintage' plates in many jurisdictions.
In sum, while the 944 was merely a footnote in the history of Porsche, the 986 was a seminal design that created huge excitement at the time of its introduction. It was the original model of a car that continues not only to be produced, but to generate excitement in the motoring press. While there are some mechanical issues, there are absolutely ZERO vices in its handling, braking, steering and engine note. It is and will remain a joy to drive and to look at. While it will likely never attain 'classic' status because of the numbers that were produced, there is every reason to believe that, like the original Mustang, it will becaome a collectible car with appreciating value.
Brad
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