981 the new 986 ?
Looking on Autotrader and other sites i am very surprised to see the large amount of 981 cars for sale . I have been on the lookout for a well optioned 987 mk2 S but they are rare birds compared to the 981 cars and the prices are still way up on them . It seems the 981 cars are dropping in price much more quickly than i would have thought . In another year or so you will base cars drop well below 40k . Will the 981 become the new 986 ?
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981 the new 986 ?
I bet people are just driving them a lot, what's the usual mileage? Not to mention I think there is a certain type of Porsche buyer that buys them new and sells them 2 years later to upgrade regardless of a new model available or not. Then people buy these low mileage practically new used cars and keep them for several years.
Even when looking at 986 car fax reports it seems that the first owners always have the cars sold by 2004 and then the second owner usually kept the car all the way to current or 2012 or so. Point being I think most Porsche models go on sale a year or two after production then not again until maintenance is creeping up, most 987 cars are likely in this second extended ownership right now not to mention what I would assume we're slow sells during the recession recovery. |
I'm hoping the 991 follows suit of the 996. I want to find a 50k miler for between 30 and 35k in a few years.
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Any German car sold in the tens of thousands per year for many years will eventually become a $10-$15K car. The jury is still on the 981 being a very durable car. If experience is worth anything, the first 70K miles of my second gen powered 986 proved to be nearly bullet proof. That being said, if you can swing it, a CPO 981 S with an extended factory warranty is the way to go. Then sell the car before the warranty expires and repeat the process of squandering your finite retirement investments!
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not sure about other region but northeast had many many 24 or 30 month lease deals....these are probably what you're seeing.
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Supply and demand... the 987.2 hit the mkt smack in the financial crisis. Sales during those yrs dropped to 10% of 2008 numbers (Cayman sales went from 16K to 1600 / yr). Add to it the 9a1 engine in the 987.2 and you have a desirable car in very low volume, so they'll hold their value. The 981 hit the mkt about the time the economy started to return, so sales are much higher. More 981s (lower S) to choose from, lower value. I've been amazed at the number of '14 Caymans on ebay. Seems like at least 1/3 of all Caymans listed are '14s.
I like the 981 Boxster but still haven't warmed up to the 981 Cayman. |
A 987 mk2 with sports chono and PDK would be the most desirable to me but if the 981 heads down the slope it is going they will be hard to overlook as a second hand car buyer. Even if it is a base model . With PDK and sports chrono of course .
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I've even seen 996 turbos for under 40k :eek: That would be a sweet ride! If you can get past the old looking headlights... :rolleyes: |
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P.S. I'll take the fried egg headlights over round lights all day long. I just wish Porsche would have combined both fried egg headlights and high bulging fenders like on the GT1 LMP. That would have been a very exotic looking Carrera. One you could park next to any McLaren or Ferrari. http://allcarcentral.com/porsche/Por..._Seca_2009.jpg |
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But then wouldn't this happen? http://youtu.be/_ldoGjqijCw (You hit the nail on the head about simply over supply for a used high cost sports car, it has nothing to do with looks. If it's anything specific other than a culmination of the type of car it is and supply then it's the IMS hysteria.) |
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The 2006 987 has IMS issues does it not? They didn't do away with it until mid 2009...
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As far as the IMS thing, that's a situation where people repeating misinformation is exponentially worse than the problem itself. Or YouTube bloggers and writers like Dutch Mandel who talk of m96 IMS issues to newbies without even a mention that for at least 6 years there's been a simple "day in the shop" fix that doesn't require even pulling the engine or simply an add on item when you do your clutch. According to our resident engine experts, the m97 engine in 987.1's is simply a glorified version of the 986 engine since 2000. |
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[QUOTE=986_inquiry;465450]idk, most agree, it's the ugly non-traditional headlights. Porsche has had round and oval headlights forever, the fried egg was not popular. The well documented IMS problems didn't help things.
Not sure where you are getting 'most agree'. As PL said - a sliver of a sliver. Frankly, I think the headlights look great, especially if they are de-ambered and nice and clear. They look great and distinctive. I do recognize now though that the 987's lights do look more modern...but that's because they are. Doesn't make the classic 986 lights any less attractive. Eventually the 987 lights might look old next to whatever comes next. |
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Honestly 987.1 lights look very dated particularly when matched with some wheel options.
Litronics or a projector upgrade 986 can pass as a new design, and most definitely look more modern than something you'd find on most anything else. What I find odd is that Porsche is moving away once again from round lights, everything is going for a carrera gt shape with a 4 light rectangle emphasis. The 981 particularly with the spyder or gt4 nose looks exceptionally more square than typical Porsche design language, yet the rear still holds true. http://images.tapatalk-cdn.com/15/09...910442bac5.jpg |
I think the 981 Boxster/Coxster is going to make everything before it look dated.
http://img.over-blog-kiwi.com/1/21/84/25/20150403/ob_5a4b63_porsche-boxster-spyder-ar.jpg |
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