Prices going up? - 986 Forum - The Community for Porsche Boxster & Cayman Owners

Jamesp · 05-12-2017, 04:54 PM

My cheap bone is becoming uncomfortable because the prices for Boxters and parts seems to be increasing. Anybody else feeling that trend?

Akjoe · 05-12-2017, 05:08 PM

In the US anyhow, I believe what you're feeling is called "Summer."

Jamesp · 05-12-2017, 05:33 PM

Quote:

Originally Posted by Akjoe

In the US anyhow, I believe what you're feeling is called "Summer."

Good Lord!,

What would anyone in Alaska know about "Summer" ?!!?!

I grew up in Michigan where summer, with luck, might be as much as six days long.

Summer in Alaska? you're looking at 7 seconds.

Akjoe · 05-12-2017, 06:08 PM

From May to July the Sun doesn't set! That's a lot of time to keep the top down and enjoy! It's Sunny and 63 today. I work odd hours and get the privilege of driving in to work at 4am with daylight and empty roads.

I only make the crack about "Summer being the reason prices seem to be going up" because the prices for convertibles here in AK triples from April to about September.

SteelStroke · 05-12-2017, 08:00 PM

After draining my savings by 8.8K on my 03...I certainly hope so!

thstone · 05-12-2017, 08:15 PM

Here is the 5-yr pricing trend showing mostly continuing decreases but there are a few upticks here and there...

cas951 · 05-13-2017, 07:16 AM

Quote:

Originally Posted by thstone

Here is the 5-yr pricing trend showing mostly continuing decreases but there are a few upticks here and there...

Nice.

I'm curious as to the source if the data?

Jgkram · 05-13-2017, 08:06 AM

It's all based on MY and presumably some level of lower mileage associated with newer cars. Not enough performance difference between base and s to drive significant price differences within the same MY. These are quickly just becoming old cars. Pulled up next to a new model base civic this week. He beat the crap out of me until I could get it up into the higher portion of the power band but by that time we had run out of road to play with. OUCH!!!!!

cas951 · 05-13-2017, 08:54 AM

Quote:

Originally Posted by Jgkram

It's all based on MY and presumably some level of lower mileage associated with newer cars. Not enough performance difference between base and s to drive significant price differences within the same MY. These are quickly just becoming old cars. Pulled up next to a new model base civic this week. He beat the crap out of me until I could get it up into the higher portion of the power band but by that time we had run out of road to play with. OUCH!!!!!

Best to just give them a thumbs up and smile. Win or lose you didn't gain anything.

Now when I was younger............

BYprodriver · 05-13-2017, 08:57 AM

Quote:

Originally Posted by Jgkram

It's all based on MY and presumably some level of lower mileage associated with newer cars. Not enough performance difference between base and s to drive significant price differences within the same MY. These are quickly just becoming old cars. Pulled up next to a new model base civic this week. He beat the crap out of me until I could get it up into the higher portion of the power band but by that time we had run out of road to play with. OUCH!!!!!

That's why you insist upon a "S" !

Jgkram · 05-13-2017, 10:32 AM

Cas951, you got that right! Oh, and by the way Byprodriver, I was in an s.

Disaster · 05-14-2017, 04:11 AM

Quote:

Originally Posted by cas951

Nice.

I'm curious as to the source if the data?

Ditto. Would love to find good source for vehicle pricing trends.

johnbplus9 · 07-24-2017, 12:35 AM

Quote:

Originally Posted by Disaster

Ditto. Would love to find good source for vehicle pricing trends.

Hi 986 forum members, nice to be joining you! I have a 2011 Boxster base, red/black, 6MT. This little Porsche pastes a smile on my face every time I drive it. To me it seems like the new 718 hasn't caught on yet. Sales are down compared to 981 last year.

I was wondering if reduced 2017 718 Boxster sales translated into increased value for previous years. I did a web search and found that "Car Gurus" has a price tracker. It seems there may be a trend, but could be seasonality so perhaps too early to tell.

In my web search I also came across this thread. I joined the forum so I could share the link with you good folks!

Hope everyone is enjoying their summer, top down and smiling all the way!

Cheers, John

Anker · 05-13-2017, 04:23 AM

Notice the big gap between 2002 and 2003! Also that the 2003 price barely changed between 2016 and 2017! Would be nice to have the base and S separated.

itsnotanova · 05-13-2017, 05:00 AM

The price I pay at auction hasn't changes in 4 years. I paid the most I've ever paid for one at auction just a month ago. Granted it was one of the nicest I've ever gotten too. For my side of the business, AKJOE is correct. Most wrecked vehicles going up for auction this time of the year were wrecked 2-5 months ago. That puts the accident happening during winter time which is when most Porsches are tucked away for winter. Fast forward to now and this is when most Boxsters are out driving around or people working on them. Supply is down but demand is up. Even on my side of the business. Fall and winter are the best time to buy Boxsters

10/10ths · 05-13-2017, 08:21 AM

These cars are geared for the moon. We will never win drag races. My '04 tops out at 165. She's no drag queen.

356Guy · 07-24-2017, 09:24 AM

All the high priced Boxsters I saw for sale this spring sat around for a long time. A few had multiple price drops. Most of those ads are gone now. Who knows what the final sale price was or if they even sold. Yes they are a bargain for what you get but I think the market is small and everybody knows about the weak links and the cost to fix.

Oldcarguy · 07-24-2017, 10:26 AM

Would you sell your Boxster today for what you initially paid for it or less? I wouldn't.

My totally subjective observation is that the 986 Boxster market is trending toward binary. Two markets, 1) pricing trending gradually upwards for the declining pool of 986 Boxsters in overall excellent condition and 2) eroding market pricing for the increasing pool of unloved, abused or neglected money pits. IMHO, forty or fifty years from now collector / restorers will be scrambling for any 986, whatever the condition.

Just my .02 cents. I really don't care what the Boxster market does. If my 986 goes belly up for whatever reason, I'll make the best of it and move on. If it keeps on keeping on, I'll hang onto it for as long as we have a symbiotic relationship, then I'll make the best of it and move on.