Good News For 986 & 987 Boxster Owners

[Stl-986]

In all honesty any "data" from 2020-2023 should be completely discarded. The market was very different than normal. When a used Honda Accord sells for more then what a new one is, you know the market isn't normal.

I dont think the market has stabilized yet. Throw in the recession now and it's going to go the opposite of the pandemic years. Prices are going to drop for higher valued cars for at least a year. Prior to pandemic the 986 was selling for an average of $12k. The pandemic also had the impact of cars not being removed from the market (accidents) which impacts their value overall due to supply. I know of at least 6 986 & 996 owners who are trying to sell right now and they can't get anyone to buy cause their asking prices are what they were selling for a year ago.

Overall the 986 is still a good buy under $15k, but anything over that is getting into over priced. The only exception is the Spyder as those had limited qty to start with so they will already command a higher value.

One downside to the 986 is the early models (up to 99). Porsche pushed these as company lease cars so they were sold like crazy. Basically no options, just a base model. These can be very cheap. The 2000-02 models have better value due to bigger engine & the S model with the 03/04 getting better value with their glass rear window.

Usually the value doesn't start to level off until 25 years and then sometimes go up in value.