05-25-2014, 11:13 AM
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#1
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Has market value went up?
I have been looking for a replacement car for mine. Not only are we exspecting to get nearly 200% what we paid for our car based off of similar cars on autotrader, their are a plethora of cars selling for much more than i saw last year. Has the ridiculous 911 market boosted the boxster value by a few thousand? There are cars on autotrader now selling for 3 to 4k more than what I saw similar cars for last summer.
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05-25-2014, 02:01 PM
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#2
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Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
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Yes, I think that you're right about the Boxster market being slightly up and I am noticing the same in the 996 market. I think that a lot of people are finally seeing the value in the 986/996 models.
Of course, my search for an early 911 is getting to the point where I might as well look at used Ferrari's.
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
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05-25-2014, 02:20 PM
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#3
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by thstone
Yes, I think that you're right about the Boxster market being slightly up and I am noticing the same in the 996 market. I think that a lot of people are finally seeing the value in the 986/996 models.
Of course, my search for an early 911 is getting to the point where I might as well look at used Ferrari's. 
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I have seen a few Boxsters that are simple 2.5s with a good number of miles selling for 14k.
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05-25-2014, 02:23 PM
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#4
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Registered User
Join Date: Nov 2004
Location: New Jersey
Posts: 8,709
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The air cooled 911 market is not connected to Boxsters or water cooled Carreras. The latter are workhorse Porsches. Air cooled 911's are largely garage queens now, they've become too expensive to drive daily,year-round, risk totaling at a track day, etc.
If anything the new Boxster is probably raising interest in the roadster segment. But many are still leary of putting that kind of money into a fun car. Thus they're looking at the earlier Boxsters. What they're finding is that Boxsters that have been looked after well and do not have deferred repairs are becoming scarce. Owners who have put in the time and money don't have to let their cars go for nothing like did right after the financial collapse where 996 owners saw values drop nearly $20k in barely a couple of years. Boxsters weren't priced that high before the crash so they didn't fall as hard, well at least the ones you wanted to buy.
I think what you're seeing in both aircooled and watercooled Porsches is just a cyclical jump in the price action of well maintained cars. People in the income group who buy these used cars are for the most part doing better in 2014 than they were in 2009. Meanwhile these cars have racked up miles in those five years and I'm guessing very few current owners have put in the money for repairs. They've either unloaded the cars at trade in or have skipped the maintenance altogether.
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GT3 Recaro Seats - Boxster Red
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Last edited by Perfectlap; 05-25-2014 at 02:26 PM.
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05-25-2014, 02:39 PM
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#5
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Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
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Then again, a nice $7500 Boxster (only 75K miles) still isn't that hard to find...
1999 Porsche Boxster 2D ~~~ $7500 O.B .O.
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
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05-25-2014, 04:09 PM
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#6
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Registered User
Join Date: Jul 2013
Location: NJ
Posts: 311
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Quote:
Originally Posted by thstone
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that green interior though...
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05-25-2014, 04:18 PM
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#7
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by thstone
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This is more like the cars I was seeing last year, there are still a few, but now I am seeing more and more cars like this selling for 10.
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05-25-2014, 06:57 PM
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#8
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Registered User
Join Date: May 2011
Location: Greensboro, NC
Posts: 245
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Jake,
Good clean well kept Porsches will keep their values. With the price of new Porsches going through the roof, it makes the value of our older Porsches stay high. Plus I believe owners like us tend to keep their cars in much better shape both in appearance and mechanically.
I have just decided to sell my base Boxster. It is in very good condition for a 2000 model. Everything works as it should and I expect to get a good price for it. Check it out in my garage and you may like it.
Good luck with you search. As others have said, I will keep an eye out for what you are looking for.
__________________
2000 Boxster - Loved and sold
1999 911 Cabriolet - Also loved and sold.
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05-25-2014, 07:03 PM
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#9
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On the slippery slope
Join Date: Mar 2014
Location: Austin and Palm Springs
Posts: 3,797
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Quote:
Originally Posted by fullthrottle52
Jake,
Good clean well kept Porsches will keep their values. With the price of new Porsches going through the roof, it makes the value of our older Porsches stay high. Plus I believe owners like us tend to keep their cars in much better shape both in appearance and mechanically.
I have just decided to sell my base Boxster. It is in very good condition for a 2000 model. Everything works as it should and I expect to get a good price for it. Check it out in my garage and you may like it.
Good luck with you search. As others have said, I will keep an eye out for what you are looking for.
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what is on the armrest?
__________________
2004 Boxster S 6 speed - DRL relay hack, Polaris AutoTop DIY
2004 996 Targa Tip
Instructor - San Diego region
2014 Porsche Performance Driving School
2020 BMW X3, 2013 Ram 1500, 2016 Cmax, 2004 F-150 "Big Red"
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05-25-2014, 08:12 PM
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#10
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Gone
Join Date: Feb 2014
Location: NV
Posts: 249
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Prices on spyders tend to go up this time of year, too.
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05-26-2014, 01:01 AM
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#11
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Registered User
Join Date: Dec 2008
Location: Queensland, Australia
Posts: 1,522
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While there are not too many Boxsters for sale here in Australia compared to NA, what I have noticed over the last 3 months or so are very few 986 S models offered for sale - and even fewer with manual transmission & low mileage.
So over here at least, people seem to be hanging on their S cars compared to the base 2.5 and 2.7models (not that there were very many in the first place - my 2001 S had a sticker price close to $150,000 when new).
Whether that's good or bad for Boxtsers long term remains to be seen.
__________________
2001 Boxster S (triple black). Sleeping easier with LN Engineering/Flat 6 IMS upgrade, low temp thermostat & underspeed pulley.
2001 MV Agusta F4.
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05-26-2014, 03:29 AM
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#12
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Yeast Rancher
Join Date: May 2014
Location: Englewood, FL
Posts: 95
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I've been looking at the ads in my area for a few months. Lots of cheap base models, very few S models. I've driven and made offers on a few S's and the dealers don't want to budge much on price. If the online ads are accurate, not much is moving.
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05-26-2014, 05:25 AM
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#13
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Registered User
Join Date: May 2011
Location: Greensboro, NC
Posts: 245
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Quote:
Originally Posted by Davev
Prices on spyders tend to go up this time of year, too.
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JayG
I found some metropol blue leather and covered them with it. It was a challenge to put it on but well worth it. No more black stuff on the wife's arm and great look. Also did the door pulls while I was there.
Sorry hit the wrong person. Can't delete!!!
__________________
2000 Boxster - Loved and sold
1999 911 Cabriolet - Also loved and sold.
Last edited by fullthrottle52; 05-26-2014 at 05:31 AM.
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05-26-2014, 06:37 AM
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#14
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Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
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Quote:
Originally Posted by dbansal
that green interior though... 
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Ok, I understand that the green interior might be a little too much for most people.
So here is another choice, 120K miles clean car for only $6,300!!
Porsche Boxster hard top 1999
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
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05-26-2014, 06:46 AM
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#15
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by thstone
Ok, I understand that the green interior might be a little too much for most people.
So here is another choice, 120K miles clean car for only $6,300!!
Porsche Boxster hard top 1999
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Only local car for under 7 has serious water damage. I am assuming the fact that my area had few that could afford a Porsche in the late 90s but now the economy has boomed locally so many have new Porsches and many seek old ones, makes the supply and demand in favor for higher prices.
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05-26-2014, 07:07 AM
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#16
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Registered User
Join Date: Apr 2010
Location: Canada
Posts: 3,128
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05-26-2014, 07:24 AM
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#17
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Registered User
Join Date: Jun 2012
Location: Bedford, TX
Posts: 2,734
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__________________
______________________________________________
2001 Boxster S Lapis Blue
TS Cat Bypass Pipes and exhaust
iPad Mini Dash Install
DEPO Tail Lights
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05-26-2014, 08:06 AM
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#18
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Registered User
Join Date: Dec 2013
Location: Greenville, S.C.
Posts: 2,670
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Quote:
Originally Posted by BruceH
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Leather is in great shape on that one!
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05-26-2014, 08:53 AM
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#19
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Registered User
Join Date: Jun 2012
Location: Bedford, TX
Posts: 2,734
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Quote:
Originally Posted by BIGJake111
Leather is in great shape on that one!
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The entire car is in great shape. With a little negotiation, you would have a very nice Boxster. Not an S though  Still, very nice.
__________________
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2001 Boxster S Lapis Blue
TS Cat Bypass Pipes and exhaust
iPad Mini Dash Install
DEPO Tail Lights
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06-01-2014, 11:05 PM
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#20
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Registered User
Join Date: Jan 2011
Location: Peoples Republic of Kaliforneea
Posts: 686
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I track many cars of all makes just for fun, and here is the scoop.
When a car hits a certain dollar amount that makes it very very inexpensive and a steal (such as our 986 has in the past), then people catch on to that and flock to that model.
Sure enough, the supply dwindles and demand automatically goes up--->classic basic economics! This happens to Fords, Infinitis, Ferraris, etc. The most dramatic change that I have seen in any car is the NSX (I shouldn't have sold it!!!!!!!), the 2004 NSXT is selling for the same price now compared to when I sold it in 2005 (2005 was the lowest point of the car).
Here is another word of advice, once that car is back up on the price curve, it doesn't come back down, so snatch one up quick Jake!
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02 Boxster (DD sans kids)
03 Dodge Ram Quad Cab (Stuff hauler)
06 Maserati Coupe Cambiocorsa (Personal weekend car)
06 Maserati Quattroporte (Family hauler)
08 Corvette Z06 (Track car)
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