Quote:
Originally Posted by algiorda
... The contradiction is that SOOOO many people are parting out their Boxsters. I don't understand. Are people just giving up on these cars or is it profit taking, cutting losses, etc. It's not like the parts are being sold at Porsche OEM prices making someone rich.
Why are so many parting their Boxsters?
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Considering the age of these cars and the cost and knowledge that goes into properly maintaining them, I am not surprised by how many get parted out. Having a shop repair a failure of a major component can often cost more than the current purchase price of the car.
Buy a 1999 for about $5,000, or a 2003 S for about $10,000, have a catastrophic engine failure - financially, you are better off scrapping the car and buying another if you can't do your own repair. Our classified section and Craigslist have complete or near complete rollers that go unsold. Often parting it out and scrapping it are the only affordable option to someone who is disappointed in the car/brand and just wants to move on.