'99 Base on Mecum

[morgal48]

Silver '999 base just sold on Mecum Las Vegas auction for $11,500. With buyer's premium buyer paid just over $12,500.

[gman1113]

Originally Posted by morgal48

Silver '999 base just sold on Mecum Las Vegas auction for $11,500. With buyer's premium buyer paid just over $12,500.

I just saw that same thing... Pretty impressive. Did you see what the milage was?

[DWBOX2000]

Go on BAT. Some of the prices paid are crazy.

[thstone]

Originally Posted by gman1113

Did you see what the milage was?

77K miles. Its an $8,500 car. Someone had too many cocktails.

https://www.mecum.com/lots/LN1118-334361/1999-porsche-boxster-cabriolet/

[A8ked]

I was watching it too. At that price it must have been bought by someone who does not know the market.
From the photos, it's missing the fuse box cover, battery cover and frunk light. The coolant tank looks like it is yellowed and likely due for replacement soon. Cosmetically the car looks ok, but those missing pieces make me wonder about how well its been maintained. If I were selling I'd visit a local recycler and get those missing parts before I put the car up for sale.

[particlewave]

That sweet spoiler sticker obviously drove the price up.

[itsnotanova]

Originally Posted by thstone

77K miles. Its an $8,500 car. Someone had too many cocktails.

https://www.mecum.com/lots/LN1118-334361/1999-porsche-boxster-cabriolet/

That and people get stupid at auctions in general. They get too competitive and let their emotions control their wallet.

[kk2002s]

No No No, you guys have this all wrong
This is it. I've been waiting in my cellar for this moment. The Boxster is now a collectors car. Prices will start to ascend through the roof like the last Air coolers.
I'll be able to retire from the profits on my 02 S with 103k miles. Maybe even buy a 914

Lets all not put our cars up for sale at once, that will keep prices down

[Blackcloud]

Boxsters are undervalued. A well kept car should command a better price. You guys that naysay sound like MG owners. Don’t buy into the hype. I have a 1967 MGB. One exactly like mine sold at Barret-Jackson for 28K. People say the IMS is an issue. My Boxster is a 2004 with the engine and clutch replaced by Porsche at 52,800 miles. It now has 68,000 miles. I value it at 17 to 18 K. The engine was replaced. No IMS issue. As I recall, boxsters did quite well at that auction. Keep the faith.

[dghii]

Originally Posted by Blackcloud

Boxsters are undervalued. A well kept car should command a better price. You guys that naysay sound like MG owners. Don’t buy into the hype. I have a 1967 MGB. One exactly like mine sold at Barret-Jackson for 28K. People say the IMS is an issue. My Boxster is a 2004 with the engine and clutch replaced by Porsche at 52,800 miles. It now has 68,000 miles. I value it at 17 to 18 K. The engine was replaced. No IMS issue. As I recall, boxsters did quite well at that auction. Keep the faith.

I'm glad you value your car that high. Unfortunately, I'm not sure the market would agree. Maybe sell it on B-J when its time to sell!

[KevinH1990]

I think we need to be realistic about the market for our cars. There are a lot of Boxsters available and abundant supply inevitably drives down prices.

That said, I wouldn’t sell my car at current market prices. The issue for me is that I couldn’t find a desirable replacement that was available at for a price close to what I received for my Boxster. In that context I have to agree with Blackcloud.

[Geof3]

No doubt the overall values are pretty stable. We all assume there are “tons” out there, but given there were only 164k 986s (standard and S) total produced worldwide, that doesn’t pan out to huge amounts. It would be very interesting to see what the death rate is for our cars these days. Keep in mind, the 356 was considered a throw away in the early 70’s...

Think of this, there have been 350,000 Macans alone delivered since 2014. 164k over both iterations of 986s over 8 years isn’t exactly a huge number...

[MWS]

Originally Posted by Geof3

Think of this, there have been 350,000 Macans alone delivered since 2014. 164k over both iterations of 986s over 8 years isn’t exactly a huge number...

I had no idea the number of Macans was that high. We were considering (ok, my wife was) a Macan, but maybe now back to another Audi Q5...or SQ5. I did just see a teaser for the new Q8, but I bet that's just going to be crazy priced. BTW, has anyone heard about the new laser headlights Audi will be using? It appears not in the US (or at least for awhile).

Laser Headlights....remember waaay back when just full LED lights were cool? I want want want...just so I can say I have laser headlights.

[Geof3]

Originally Posted by MWS

I had no idea the number of Macans was that high. We were considering (ok, my wife was) a Macan, but maybe now back to another Audi Q5...or SQ5. I did just see a teaser for the new Q8, but I bet that's just going to be crazy priced. BTW, has anyone heard about the new laser headlights Audi will be using? It appears not in the US (or at least for awhile).

Laser Headlights....remember waaay back when just full LED lights were cool? I want want want...just so I can say I have laser headlights.

Yeah, pretty crazy. I was reading both a market report and updated info on the "new" Macan. Porsche profits were 4.8 billion/16.4% or something like that. I would say the company is pretty healthy. And to think our little runners were what turned the corner for the company is kinda cool.

[BoxMann]

Originally Posted by itsnotanova

people get stupid at auctions in general. They get too competitive and let their emotions control their wallet.

That's EXACTLY it.