still don't get why Boxsters drop in value so fast

[peterbrown77]

I took a quick look at cars.com, and looked at a 2000 Carrera and a 2000 Boxster. MSRPs were, respectively, $71,000 and $41,400. Current retail $22,000 and $10,600. So the Carrera is selling for 31% of original list and the Boxster at 26% of original list. Carreras hold 15% better resale value. I guess that's for the cachet.

As Ezra Dyer wrote a few months ago in Automobile magazine, you can get a 12 year old high-end $70,000 car for Hyundai prices. Except when you go to get it serviced, it's still $70,000 car.