What is going on with 986 and 996 prices?

[Perfectlap]

Originally Posted by southernstar

As I have said before, the low cost of admission now is bringing in purchasers who will be unable to afford to maintain their cars. The end result is that most of the 986's will end up as basket cases/parts cars once the cost of required repairs apporaches the value of the car..

Which makes me wonder if it will be rare to see one of these on the road in the future. Even now with all this over-supply of decently running Boxsters how often do you see one every time you park your car in shopping mall parking lot? Still a pretty rare sight here. Now imagine how many you'll see after 10 years of neglect.

Someone might say "Boxster? Bigh whup. You can get one $5K".

Sure you can....

Now what about after you've spent all the money to get brakes, suspension, cooling and engine in order? There will never be any such thing as a $5K Porsche unless you are in that small minority of buyers that do his own work.
Suspensions/control arms are still going to run $2-4K installed. A clutch/ims/rms/flywheel job is still going to run $3K and paint work will only get more expensive over time. $5K just turned into $12K and counting..