2008 (987) Boxster S

[Bob Z.]

Originally Posted by erenyes

would you like to trade a mint condition 2007 White with red and black interior Honda S2000 with 6,000 miles on the odometer? ;-)

Sorry, I only do 2 wheeled Hondas, and I already have a CBRXX1100 Super Blackbird.

[Bob Z.]

Two dealer offered to buy the car - one for $40k and the other for $40.5k - they both said Manheim auction prices for 2008 Boxster S models are running $41-$42k. But mine has real low miles, lots of extras, perfect in & out, and a longer Porsche warranty than a new one off the lot...$42k is a great deal.

[Flavor 987S]

Bob, IMHO, you should drive as fast as possible to those dealerships, and unload your car. Be done with it already!

These reasons your car has not sold is because of the price and engine replacement.

[Boxtaboy]

Originally Posted by Flavor 987S

Bob, IMHO, you should drive as fast as possible to those dealerships, and unload your car. Be done with it already!

These reasons your car has not sold is because of the price and engine replacement.

Wow, I've seen this car for sale for a while now. Seems like a pristine example. Is the market that bad out there for these cars? IMHO, if the difference between what you want to sell it for and what one of those dealers is offering you is only $1.5k, then maybe Flavor is right, and you should just offload it to the dealer that offered $40.5k and be done with it.

[Bob Z.]

If I sell it to a dealer for $40.5 they are going to auction it to another dealer for at least $42k - that would be a great deal for a private person looking for a car. And I don't need the cash right now so I can afford to wait for the right person who wants a great deal.

[mikefocke]

the car continues to depreciate and is worth less as time goes by. And it is mid-August and sports cars get worth less the colder it gets.

I think you need to view the transaction of selling the car as a financial transaction and lose the emotion of selling your Porsche. Is $41.5k into your investment acccount worth more than maybe getting $42k at some future time? Sure would be to me because I'm making lots more than that on my investments.

The car is worth what someone will pay for it..no more and no less ..and your car isn't worth anything more because you owned it or had it tweaked to the way you liked it. Mod'ed cars are frequently worth less than un-mod'ed ones.

[Boxtaboy]

Originally Posted by mikefocke

the car continues to depreciate and is worth less as time goes by. And it is mid-August and sports cars get worth less the colder it gets.

I think you need to view the transaction of selling the car as a financial transaction and lose the emotion of selling your Porsche. Is $41.5k into your investment acccount worth more than maybe getting $42k at some future time? Sure would be to me because I'm making lots more than that on my investments.

The car is worth what someone will pay for it..no more and no less ..and your car isn't worth anything more because you owned it or had it tweaked to the way you liked it. Mod'ed cars are frequently worth less than un-mod'ed ones.

Well, he lives in Florida, so the weather (for a local buyer), will not be as much of a factor, but yes- the problem is that the longer he waits, the car will still be depreciating, and sooner or later, the value of the car will eventually drop below $40.5k, and then that same dealer that just quoted him $40.5k, will also no longer be offering $40.5k.