Go Back   986 Forum - The Community for Porsche Boxster & Cayman Owners > Porsche Boxster & Cayman Forums > Boxster General Discussions

Post Reply
 
LinkBack Thread Tools Display Modes
Old 01-24-2007, 10:45 AM   #1
Registered User
 
Join Date: Apr 2006
Location: North New Jersey
Posts: 440
I'm sure the prices will continue to plummet
__________________
Marc Gelefsky
02 996 Carrera Coupe 6 Speed Aero
86 911 Carrera Targa

http://forums.rennlist.com/rennforum...tar14266_4.gif
EX-88 951, 87 951, 86 944na, 85.5 944na 00 Audi S4..01 Boxster S .etc..etc
Marc Gelefsky is offline   Reply With Quote
Old 01-24-2007, 10:56 AM   #2
Registered User
 
Join Date: Sep 2005
Location: Minneapolis/St. Paul, Minnesota, USA
Posts: 3,308
Hi,

I doubt it. There are several Boxsters out there in the ads which are overpriced right now, but I don't believe the market overall has somehow upticked...

Happy Motoring!... Jim'99
MNBoxster is offline   Reply With Quote
Old 01-24-2007, 11:37 AM   #3
Registered User
 
Join Date: May 2006
Location: Northeast USA
Posts: 910
The depreciation of any car slows down with age. As the Box enters its 10th year of production the rate of depreciaiton becomes small (depreciation flattens out) and it becomes comparable to the normal noise level of prices. What you have observed may be just the normal noise (variation) of prices which becomes more noticeable with flattening depreciation.
Z.
__________________
'06 Boxster S, 6sp, triple-black
http://i153.photobucket.com/albums/s...05_IMGcrop.jpg
z12358 is offline   Reply With Quote
Old 01-24-2007, 11:47 AM   #4
Registered User
 
Join Date: Nov 2006
Location: Virginia
Posts: 846
Advertised prices and Actual sale prices always differ. I doubt the '97-99 will see a rise given the bad rap the earlier cars got. Like a 914 1.7, they will always be the "least desirable" of the lot. I am not saying they are bad, just that later ones were better.
__________________
1976 914 2.0
2000 Boxster 2.7 (sold)
1978 911 SC (sold)
1970 914 w/2056 (sold)
racer_d is offline   Reply With Quote
Old 01-24-2007, 12:58 PM   #5
Registered User
 
KevinH1990's Avatar
 
Join Date: Feb 2006
Location: Virginia
Posts: 1,739
There is usually about a 10% gap between asking and selling prices, so asking prices may not provide good data upon which to draw conclusions.

I’ve checked the pricing guides for my car (2000 base bought for $21,250 in March 2006 with 30k miles) and all of them have shown a decline. Here is the data on my car when I purchased it:

MSRP - $ 48,516.00

Price Service Trade-In / Private / Dealer
Edmunds $19,218.00 / $21,545.00 / $24,112.00
Kelley $20,150.00 / $23,835.00 / $27,635.00
NADA $22,575.00 / $24,200.00 / $25,825.00
Consumer Reports $22,850.00 / $24,500.00 / $26,150.00
Average - $21,198.25 / $23,520.00 / $25,930.50


Since I paid pretty close to the Edmunds private party cost for the car, let’s use that price for a comparison. The Edmunds Private Party price is now $19,753. (It would be even less if I factored in the 7000 miles I’ve driven it.) So, I imagine my car could be purchased for about $2000 less than what I paid for it last March. I wouldn’t sell it for that amount, but someone else might sell a similar 986 for that price.

The point is that there are so many Boxsters for sale that the prices will keep declining. I think the rate of decline will slow, but it probably won’t stop going down until the cars sell in the $10-12k range.

A used Boxster is an outstanding value for a buyer. If you buy a new Boxster, you need to be prepared to absorb the depreciation.
__________________
2000 Arctic Silver/Black, Hard Top, On Board Computer
PNP Rear Speakers, HAES 6-Channel Amp, Avic Z140BH,
Painted Bumperettes, 2004 (OEM) Top, Homelink integrated in dash with Targa switch, 997 Shifter, Carrera Gauge Cluster with silver gauge faces, heated 997 adaptive sports seats, Litronics, silver console

Last edited by KevinH1990; 01-24-2007 at 01:02 PM.
KevinH1990 is online now   Reply With Quote
Old 01-24-2007, 01:13 PM   #6
Registered User
 
Join Date: Sep 2005
Location: Minneapolis/St. Paul, Minnesota, USA
Posts: 3,308
Hi,

One thing which depresses prices are cars coming off-lease. These are usually only 2 yrs. old and low-mileage. I've seen an article where Porsche estimates that Lease companies represents 25% of their Boxster sales annually. This will insure that the market is readily supplied with used Boxsters for some time to come...

Happy Motoring!... Jim'99
MNBoxster is offline   Reply With Quote
Old 01-24-2007, 01:34 PM   #7
Registered User
 
Join Date: Sep 2006
Location: chicago
Posts: 3,510
Send a message via AIM to djomlas
i think that the 986 price will continue to go down as the 987 gets older, because for instance someone may say that for a price of a 02 or something like that with low mileage u can get a 987 with higher mileage or something along those lines as more and mroe 987 accumulate mileage
__________________
http://i34.tinypic.com/157yslk.jpg
"I couldn't find the sports car of my dreams, so I built it myself." ~F. Porsche
Gemballa springs::litronics::Eurotech 18s(275/225)::B&M::MOMO wheel::
exhaust cutouts::EVOcoldair intake::OEM smoked tails & sidemarkers::

colormatched bumperettes::Top Speed Pro-1 exhaust::
my cardomain/pictures page
djomlas is offline   Reply With Quote
Post Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -8. The time now is 11:06 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website -    DMCA Registered Agent Contact Page