Go Back   986 Forum - The Community for Porsche Boxster & Cayman Owners > Porsche Boxster & Cayman Forums > Performance and Technical Chat

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 10-25-2006, 06:51 PM   #1
Registered User
 
Join Date: May 2006
Location: Annapolis Maryland
Posts: 1,528
Quote:
Originally Posted by MNBoxster
Hi,

I've owned several Brit cars, and for the record, they don't leak, they just like to mark their territory...

C'mon now, Jim. If your British car isn't leaking, it's empty.


I wonder if this may be one reason these cars hold their value so poorly...
Now I didn't kill myself researching this but:

The 1998 Lotus Esprit's base price appears to have been $82,625. I just found a couple of examples for sale for $37,000 or thereabout. Its resale value appears to be roughly 45% of MSRP.

The 1998 Boxster appears to have had an MSRP of $40,745. Though KBB says its value is now $20,225, lets assume $18,500, a more realistic selling price for a nice '98. Let's see... that's...about... yup, 45% of MSRP.

I wonder how a more comparable 993 would have held up?
__________________
http://i84.photobucket.com/albums/k2...izzlysmall.jpg
'97 986
Cheating Death on 19" Wheels
...no catastrophic engine failure ...yet
Grizzly is offline  
Old 10-26-2006, 03:31 AM   #2
07 Carrera S Cab
 
Boxtaboy's Avatar
 
Join Date: Nov 2005
Location: New Jersey
Posts: 2,273
Garage
Quote:
Originally Posted by Grizzly
Now I didn't kill myself researching this but:

The 1998 Lotus Esprit's base price appears to have been $82,625. I just found a couple of examples for sale for $37,000 or thereabout. Its resale value appears to be roughly 45% of MSRP.

The 1998 Boxster appears to have had an MSRP of $40,745. Though KBB says its value is now $20,225, lets assume $18,500, a more realistic selling price for a nice '98. Let's see... that's...about... yup, 45% of MSRP.

I wonder how a more comparable 993 would have held up?
You know what? While this is an interesting analysis, it really doesn't matter, cause you're not gonna change Minnesota Man's viewpoint of the car, and he's not going to change ours. He's going to continue to post the issue about his friend's 04 engine failure as an example to prove his point, and we're gonna continue to point at Boxsters that have had no issues at all. Different philosophies at the end of the day. I am with you 100% on your viewpoint of this whoe discussion, and personally, I expected to pay a little more to play when I bought the Porsche. Again, if I wanted 100% reliability, I would've bought a Honda or Toyota. I'm not expecting "value" in any sense of the word. I use my car only on weekends for pleasure, as I live in NYC, and I pay over $500 per month just to park my car in a massive underground parking garage. At that rate, I could change a new engine every 2 years from the parking rent costs alone. The point is, if all this stuff scares you to the point of it not making you enjoy the car anymore, then sell it. MN has every reason to move on to something different. Me personally, what I also love about a Porsche as compared to a Lotus or Ferrari is that if you do break down, you can actually find a Porsche dealer within a reasonable distance of wherever you are because there is a very good dealer service network built up here. Not so with a Lotus or Ferrari. To each his own.

YMMV and all that good stuff.
__________________
Current: 07 Carrera S Cab in Midnight Blue

Previous: 01 Boxster in Arctic Silver, 86 944 in Guards Red
Boxtaboy is offline  
Old 10-26-2006, 04:13 AM   #3
Registered User
 
Join Date: May 2006
Location: Northeast USA
Posts: 910
Grizzly, your writing reflects enlightnment and depth. I agree 100% with your last few posts here.

Boxtaboy, agree 100% with you, too.

Without getting philosophical, it is fair to say that no design is literally perfect. All cars have their "faults", and the more exotic (expensive) they get, the "faultier" they seem to become. Except in rare occasions, sport cars are not bought as investments. They are a cost item, a toy. It all boils down to whether the joy from the toy is worth the costs of acquiring it and keeping it. The buying public seems to like the equation, hence the prices are where they are. It's not Porsche's fault that it can charge so much for its cars and their maintenance. It can, so it does. Wouldn't anyone?

What Rich and Jim seem to be proposing here is that there is some kind of a conspiracy by Porsche and the media to keep the masses ignorant about some ugly truth about their design. I find that hard to believe. Every person I talk to on the track is aware of the RMS and every possible thing that can go wrong with their cars, and some of these people have had and raced Porsches for the last 20 years AND have a brand spanking new 997 or 987 on order! Somebody must be buying these new and used Porsches and it'd be pretty arrogant to call them all ignorant, uninformed, or just poseurs, I think.

Now once in a while, a guy WILL stretch to buy their dream sports car like a used Porsche, and underestimate the total cost of ownership by a little or a lot. Happens all the time with everything else in life. It's not Porsche's responsibility to lay down the calculations for them, nor to teach them that to truly enjoy a toy they have to leave a very comfortable cushion in their $ cost estimates.

Z.
__________________
'06 Boxster S, 6sp, triple-black
http://i153.photobucket.com/albums/s...05_IMGcrop.jpg
z12358 is offline  
Old 10-26-2006, 05:29 AM   #4
Registered User
 
Brucelee's Avatar
 
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
Smile

I am not suggesting any conspiracy on Porsche's part. I simply think they should rectify a design that is faulty and that they know is faulty.

How much is that to ask of a company for a engine that is in cars costing $50-125K? If I was buying a POS Kia for $12K I have no expectation I have purchased a 250K motor. In this car, I would like to feel like the motor would be the last thing to go.

Seriously guys, read what I have been writing. I am a huge fan of the Boxster and I have never said that it should have the reliability of a Toyota.

But I do think that having your engine grenade on you because the boys in Germany are too cheap or proud is asking a bit much of the Porshce "faithful."
__________________
Rich Belloff

Brucelee is offline  
Old 10-26-2006, 07:43 AM   #5
Registered User
 
Join Date: Jul 2005
Location: Denver
Posts: 740
I certainly don't think that there is a Porsche conspiracy - but it's definitely not out in the open for non-Porsche owners. The fact is that the RMS and the intermediate shaft designs are flawed and have been for some time. Period.

I guarantee that if I had checked out this site before buying my Boxster I would have either purchased new or gotten an extended warranty. Instead, I bought into the "Porsche engines are bullet proof" fallacy. So, within 28 days of ownership of a '99 with 12,240 miles I lost an engine while sitting at a stoplight. Sick to the stomach doesn't begin to describe how I felt when I found out how much it would cost to replace. Luckily for me I had a 90 day warranty and the dealer had to pick up the replacement costs.

I've been back and forth on this car. On most days I can't imagine not owning it or driving it. On other days (Engine failure, MAF, O2 Sensors, coolant problem, spoiler problem, broken center console, broken visor flappy thing, top problem) I just want to unload the damn thing.

I will say that if Porsche fixed just the RMS and intermediate shaft flaws for the 2008 versions - I'd be on the lot in a heartbeat picking out a new ride....
__________________

'06 Cayenne Turbo S, Beige Metallic/Tan

Ex - '99 Arctic Silver, Red Interior, Silver Top
denverpete is offline  
Old 10-26-2006, 08:18 AM   #6
Registered User
 
Brucelee's Avatar
 
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
Quote:
Originally Posted by denverpete
I certainly don't think that there is a Porsche conspiracy - but it's definitely not out in the open for non-Porsche owners. The fact is that the RMS and the intermediate shaft designs are flawed and have been for some time. Period.

I guarantee that if I had checked out this site before buying my Boxster I would have either purchased new or gotten an extended warranty. Instead, I bought into the "Porsche engines are bullet proof" fallacy. So, within 28 days of ownership of a '99 with 12,240 miles I lost an engine while sitting at a stoplight. Sick to the stomach doesn't begin to describe how I felt when I found out how much it would cost to replace. Luckily for me I had a 90 day warranty and the dealer had to pick up the replacement costs.

I've been back and forth on this car. On most days I can't imagine not owning it or driving it. On other days (Engine failure, MAF, O2 Sensors, coolant problem, spoiler problem, broken center console, broken visor flappy thing, top problem) I just want to unload the damn thing.

I will say that if Porsche fixed just the RMS and intermediate shaft flaws for the 2008 versions - I'd be on the lot in a heartbeat picking out a new ride....
Well said Pete. Having an engine go is sickening. My neighbor is still leery of her car. She keeps asking me "was that normal?"
__________________
Rich Belloff

Brucelee is offline  
Old 10-26-2006, 08:23 AM   #7
Registered User
 
Join Date: May 2006
Location: Northeast USA
Posts: 910
"I certainly don't think that there is a Porsche conspiracy - but it's definitely not out in the open for non-Porsche owners."

Common sense suggests that both cannot be true:

1. Either there has been a real and eggregious fault design in Porsche's engines that somehow the media (magazines, forums, publications, TV, radio, consumer advocacy groups, etc. WORLDWIDE) have conveniently "forgotten" about over the last 20 years, and kept it from the buying public, hence a consipracy, OR

2. The fault is perhaps not as big as purported by some -- both in frequency and severity, relative to what's commonly acceptable in the auto industry. Of course, personal closeness to a defect would indeed amplify the negative feelings about the event, and add extra motivation to vent the frustration on a public forum. ("It's not statistics if it happens to you.") But that's far from an objective measure of a product's quality as a whole on a global scale. For objectivity we must go to the market where informed buyers vote with their wallets. Hence the prices paid for Porsches.

Actually, there's a third option that I found not worth mentioning, as it borders on being delusional: That there are only a handful of knowledgable people aware of the full extent of the problem while the media and the rest of the buying public are simply stupid and brainwashed enough to just keep buying and driving defective Porsches.

So which one is it?

Z.
__________________
'06 Boxster S, 6sp, triple-black
http://i153.photobucket.com/albums/s...05_IMGcrop.jpg
z12358 is offline  
Old 10-26-2006, 08:59 AM   #8
Registered User
 
Join Date: Feb 2006
Location: Poway, CA
Posts: 191
I am not a "Porsche Expert" by any means, but as I recall, they have problems with many of their engines

older air cooled 911's have the head studs issue, cooling fan issue, etc. I think only the 3.2l SC engines are considered "bulletproof"

the water cooled front engined cars have the rubber timing chain which if not meticulously maintained lets valves hit piston crowns, and the 968 also had the pinion gear problem.

now the rms & intermediate shaft issue with the water cooled flat 6's

nothing is perfect, for sure Porsche isn't. But hey, its the price of admission.

You play, you pay. I love my boxster, bought it knowing full well about the problems. I love the damn car, and the smile it puts on my mug everytime I drive it. Theres no way I would trade it for a S2000, or anything japanese.

Drive it like you stole it, baby!!

I HAVE always had my eye on an esprit though. But the 8 Cyl turbo version. That car is just ********************in. I would take one of those over ANY 911.
__________________
Arctic Silver 2000 Boxster 3.4l w/Sport Design Package
Supersprint Boxster S Headers/Cats/Muffler
AASCO Lt. Wt FLywheel
Evo Intake
Partial Carbon Interior
Black Leather Sport seats
M030 Sway Bars
Litronics w/ Clear Corners
Boxster S brakes
B&M Short Shifter
PnP rear Speakers + Amp
pecivil is offline  
Closed Thread



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -8. The time now is 04:45 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website -    DMCA Registered Agent Contact Page