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Old 12-19-2020, 07:14 AM   #1
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Originally Posted by Jimbo409 View Post
Is the 2004 boxster s limited edition spyder worth the premium they are asking for these cars. I found on with 60000 miles original owner and all records but they are asking 22000.00 seems high to me for a 2004 boxster .
Hi Jim,

Average sale price on BaT for 2004 550SE Boxsters was ~21,500 USD last time I checked.

Porsche Panorama #764 featured the 986 in their Market Dashboard (pg 138-141). They value the 550SE from $11,000 (4-fair condition) to $32,400 (1-concours condition).

So my answer is ‘it depends’. Lots of variables. IMHO 22k seems high for a 60k miles example. If it’s an excellent condition, one owner with complete records and current on all maintenance with ‘The Solution’ IMSB or at least a recent high quality IMSB I’d guess around $17-19k but what do I know :-) OTOH my friend who makes a really good living selling high end pre-owned says the true value of any car is what someone is willing to pay for it at a particular point in time.

Check out the Panorama article. It gives a fairly objective assessment of all 986s. Hopefully some of the other 550SE owners will offer their opinions here.
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#317 550 Spyder Anniversary Edition 2004 Boxster S, 3.8L Flat Six Innovations engine, PSS9s, etc, etc . . .
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Last edited by Oldcarguy; 12-19-2020 at 09:25 AM.
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Old 12-19-2020, 09:15 AM   #2
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Old Car Guy is wise....

....I agree completely with him, and I also own one.

Check out that article.

FWIW, I paid a premium for mine back in 2015. Many would say I overpaid a lot for my car.

There is an old saying, “Buy the best and newest Porsche you can afford.”

I wanted a 986. The 2004 SE is the best and newest 986 they built.

The car I found was a one owner and only had 25,000 mikes on her and had full service records and I actually spoke to the service writer at the Porsche dealership where the female owner brought it in for by the book service.

So, I paid top of the market money for mine five years ago.

I have now put 40,000 more miles on her. And I could probably sell her for what I paid for her.

BUT! I have spent a LOT of money on preventative maintenance.

IMS Solution, two water pumps, two AOS, two sets of spark plugs, two sets of ignition coils, cam chain tensioners, clutch and flywheel, RMS, pads and rotors, and that doesn’t count all the wear items and convertible top work and aftermarket toys and other various items.

She has NOT been cheap.

But driving her is priceless.

I’d spend it all over again.

Good luck.
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Old 12-19-2020, 10:04 AM   #3
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IMS Solution, two water pumps, two AOS, two sets of spark plugs, two sets of ignition coils,
10/10ths why did you have to replace the coil packs twice during 40k..? I am curious as my 987CS went 105k with the original coils..
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