Used Boxsters Prices are too cheap - 986 Forum - The Community for Porsche Boxster & Cayman Owners

2000SoCalBoxsterS · 04-02-2008, 05:52 AM

I have been debating selling my Boxster S rather than investing a lot of money into it in the form of the full Fabspeed exhaust system, Recaro sport seats, BBS or OZ wheels. I figured I'd just sell my Boxster and buy a brand new one.

So I went to Edmunds and priced out a new "S" with comparable options to mine and was shocked to see that I would have to pay about $68,000 to $70,000 to replace my car with a new one. $77,000 to get it the way I'd really like it optioned.

So, my point is with Boxster S's like mine trading in the $22K to $25K range I think used Boxster's represent good relative value and their prices actually should be much higher. Yea, a new Boxster has 45 more HP than mine and upgraded technology, but not $50,000 more! My Boxster S is already faster than I need it to be on the street and handles beyond my abilities as is. So, if I set it up for DE use and add that ROW M030 upgrade + lower rear stress bar, and my above list of upgrades I will have an awesome Boxster S for a whole lot less.

Fabspeed has a tuning package they claim is dyno tested to add 34 HP. So I'd be only 10 HP less than a new Boxster S and it won't cost me $50,000 more plus the interest cost on financing which would be huge!

Bottom line is that I believe used Boxster's are very cheap, represent a great value, and their prices are actually too low.

What say you all?

Lucky · 04-02-2008, 06:01 AM

Yup. Too cheap (for a seller) == good value (for a buyer).

Last summer I set out to buy a 996 cab, but couldn't find a decent one for less than $35K. But I saw cherry 986/986S models all day long for under $22K. After driving both the 996 and 986, I couldn't understand the substantial price difference, so I bought and am enjoying a 2000 986S.

Icing on the cake is I got my (high mileage, but pristine and with on 25Kmi on a new engine) 986S for under $17K. Half of what I was prepared to spend on a 996.

Perfectlap · 04-02-2008, 06:38 AM

it's a buyer's market for uh....everything.

You know in the 90's we had "irrational exuberance" with stocks and this decade we had 'unsustainable leverage" with lending. And here we are.

I think these times make a great argument for buying used, no doubt new car purchases are going to see some of the biggest drops in depreciation we've ever seen. No doubt about it there will be fewer buyers of new and used.

Which makes me think if you are thinking of selling because you need cash well sell now. If you are not in cash crunch and have no plans for buying another car then you're better off forgetting about all that resale value stuff and enjoying your car because prices are heading south fast.

I have a feeling that well maintained, pampered Boxsters are going to do well 10-15 years from now. The 986/996 generation is going to be the one period that doesn't quiet fit into the rest of "round headlight" lineage of Porsche cars. It could become popular to "practical" vintage Porsche buyers because of its reliability and styling. I also have a feeling that although many many 996 and 986's were built only a very small % will still be in good shape in 10 years time.

baseball · 04-02-2008, 07:21 AM

I agree, used Boxsters represent great value right now.

jmatta · 04-02-2008, 07:29 AM

Used Boxsters, especially the S, represent a huge value. Also, a stock S has far more capability than 95% of their drivers; save your money on suspension mods and spend it on a few track days, along with a good set of DOT-R rated rubber.

Perfectlap · 04-02-2008, 07:49 AM

^ see I'm wrestling with the suspension mod thing right now as my shocks are on their last days (really bad rattling from the passenger side). I always said that if the shocks had to come out I would replace them with full coil overs (PSS9). But now I'm having second thoughts. The sport suspension on the 986S is first class and being lower isn't really going to produce significantly quicker lap times. The gains by spending nearly 3 grand in this department will be dwarfed by a set of street legal R-Comps like the RA-1 which can shave SECONDS.

right now I'm leaning towards just replacing the shocks with same and maybe adding ROW springs, maybe... I don't want a harsher ride.

Brucelee · 04-02-2008, 11:16 AM

Quote:

Originally Posted by 2000SoCalBoxsterS

I have been debating selling my Boxster S rather than investing a lot of money into it in the form of the full Fabspeed exhaust system, Recaro sport seats, BBS or OZ wheels. I figured I'd just sell my Boxster and buy a brand new one.

So I went to Edmunds and priced out a new "S" with comparable options to mine and was shocked to see that I would have to pay about $68,000 to $70,000 to replace my car with a new one. $77,000 to get it the way I'd really like it optioned.

So, my point is with Boxster S's like mine trading in the $22K to $25K range I think used Boxster's represent good relative value and their prices actually should be much higher. Yea, a new Boxster has 45 more HP than mine and upgraded technology, but not $50,000 more! My Boxster S is already faster than I need it to be on the street and handles beyond my abilities as is. So, if I set it up for DE use and add that ROW M030 upgrade + lower rear stress bar, and my above list of upgrades I will have an awesome Boxster S for a whole lot less.

Fabspeed has a tuning package they claim is dyno tested to add 34 HP. So I'd be only 10 HP less than a new Boxster S and it won't cost me $50,000 more plus the interest cost on financing which would be huge!

Bottom line is that I believe used Boxster's are very cheap, represent a great value, and their prices are actually too low.

What say you all?

Well, the prices are the prices. How much SHOULD a boxster be worth? Well, what can you sell it for?

Brucelee · 04-02-2008, 11:18 AM

PS-EBAY is of limited value to determine values.

Too many off line transactions, too many failed purchases. These data escapte EBAY information.

23109VC · 04-02-2008, 03:54 PM

this is why I am looking at them. I looked at the S2000 and test drove one, really like it, but compared to a Boxster, it's just not as nice. you can get used Boxsters for the same as a used s2000 and the Boxster is such a nicer car.

the VTEC of the s2000, to me, is annoying. the boxster motor as you wind it up to 7000 is MUSICAL. the sound is seriously intoxicating.

I'm in a situation where I think I'd rather have a Boxster S, but I'm also price conscious. I'm married, kids, and this is a toy car. I want to get the maximum fun for the cheapest price. If I can find a base model that is nicely equipped for under $15k, but a really nice S model is going to run me 20k+, then I'd just assume save 5-8k and get a base model.

my dad is going to be selling his 2000 base and so i'm sort of temped to get his if he will sell it cheap enough.

porscheracer01 · 04-03-2008, 09:23 AM

Quote:

Originally Posted by 2000SoCalBoxsterS

I have been debating selling my Boxster S rather than investing a lot of money into it in the form of the full Fabspeed exhaust system, Recaro sport seats, BBS or OZ wheels. I figured I'd just sell my Boxster and buy a brand new one.

So I went to Edmunds and priced out a new "S" with comparable options to mine and was shocked to see that I would have to pay about $68,000 to $70,000 to replace my car with a new one. $77,000 to get it the way I'd really like it optioned.

So, my point is with Boxster S's like mine trading in the $22K to $25K range I think used Boxster's represent good relative value and their prices actually should be much higher. Yea, a new Boxster has 45 more HP than mine and upgraded technology, but not $50,000 more! My Boxster S is already faster than I need it to be on the street and handles beyond my abilities as is. So, if I set it up for DE use and add that ROW M030 upgrade + lower rear stress bar, and my above list of upgrades I will have an awesome Boxster S for a whole lot less.

Fabspeed has a tuning package they claim is dyno tested to add 34 HP. So I'd be only 10 HP less than a new Boxster S and it won't cost me $50,000 more plus the interest cost on financing which would be huge!

Bottom line is that I believe used Boxster's are very cheap, represent a great value, and their prices are actually too low.

What say you all?

Welcome back to the Big Apple...

I agree with you 100% Boxster a the best roadster for the $ but reality is there so many of them.. Supply vs Demand..
I have a 2000 Boxster S with Ruf upgrades and I doubt any stock 987 Boxsters can outperform it. Also, I don't like the new round headlights cuz it reminds me a VW bug.

Save your money for DE events.

2000SoCalBoxsterS · 04-03-2008, 09:36 AM

Quote:

Originally Posted by porscheracer01

Welcome back to the Big Apple...

I agree with you 100% Boxster a the best roadster for the $ but reality is there so many of them.. Supply vs Demand..
I have a 2000 Boxster S with Ruf upgrades and I doubt any stock 987 Boxsters can outperform it. Also, I don't like the new round headlights cuz it reminds me a VW bug.

Save your money for DE events.

I also personally like the side air vents better on our 986's as well. Yes. I really want to get involved in the DE events.