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968 vs 986 Prices: Whatca gonna do?

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Old 02-23-2006, 11:05 AM
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H2
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Default 968 vs 986 Prices: Whatca gonna do?

At the current rate, it won't be long until the price of Boxsters could be kess than many 968s. What are you going to do when the price of a Boxster drops to $14K? Won't be long....and they're nice cars...and much newer than the 968s. The vanilla Boxster already is under $20 in many places.

When this happens, not sure what will happen to 968 values but I'll bet something happens.

There will still be the diehard 968 classic/enthusiast car people but a newer driver car with new gadgets etc will be tempting to many. Maybe one of each?

Harvey
Old 02-23-2006, 11:12 AM
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Izzy
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Arguably, the prices of Boxster repairs and parts are much cheaper than 928's because they're still in production. Simpler engines to work on, Boxters pull apart more easily. But I think the factor here isn't the price of the car, even I worked out how I could sell this and that and take out a loan on this and next thing I know I'm affording a $56,000 car. If you buy a 928, MOST of the time you'll spend over the price of a boxster in purchase price and repairs, and I can guarantee you the boxster is not going to have as many problems as the 928, go ahead and argue with me if you'd like.

For most if you weigh out the purchase price of a boxster ($19000) and set it next to a 928S4 for $12000 that'll need preventative and retroactive maintenance done which might include a clutch, fixing oil leaks, belts, possibly getting the car back into decent looking shape, you arrive at about the same price. Except in this case, the 928 is a V8, and for most thats the selling point. Own a classic, highly-modifiable piece of Porsche history.
Old 02-23-2006, 11:15 AM
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Sorry about the 928 post...was in wrong list. Owning both a 968 and a 928 does have its downside. Doesn't help the dyslexic to own both 968 and 986 Porsche models. Wonder if the 968 and 986 thing was by design?

Harvey
Old 02-23-2006, 11:16 AM
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Why was the 928 thread closed?

I think the 986 values have been driving down the values of the entire 924/944/968 series since 2000. Right now, I believe that the 924/944 prices have bottomed while the 968 will come down some more. I think values will stabilized at ~$5k for a good 944, ~$7.5 for a good 951, and ~$10k for a good 968.

Just my opinion.
Old 02-23-2006, 11:20 AM
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Boxsters are going to be the next 944 - pretty soon it'll be worth peoples' while to track them - it won't be terribly expensive and they won't be afraid of "losing value" by modding the heck out of them. As such, I think the Boxster's best days as a formidable car are still ahead. . . I fully expect to see 2nd generation Boxsters (not the initial issue underpowered ones) available for under $10k in the next 3-4 years. Probably "S" models under $10k in the next 6-7 years.

I doubt it will affect 968 prices at all and personally I'd go for the Boxster first since there will be more parts available (WAY more Boxsters built than 968s). They're newer, look better, and probably handle better all things considered. Not that I don't like the 968 (I do) but have you priced parts on one? It's ridiculous. For the cost of 968 parts you might as well go all the way and get a 911 - or two or three Boxsters. Or 944s.
Old 02-23-2006, 11:21 AM
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I closed the 928 vs Boxster discussion because I meant to post it in the 928 list. By bad. You can go to that list if you wish.

I bought a 968 because it reminds me of the 928..but is newer (than I can afford in a 928) and more reliable. May be the same reason I someday buy a Boxster (S).

Harvey
Old 02-23-2006, 11:36 AM
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The simple answer is the 968 is a better car then the 986 and its faster then the early 986s. I wouldn't be supprised at all to see the boxster price fall under the 968 price. Having worked on both cars extensivly I would never buy a 986 over a 968 in the same condition at the same price.
Old 02-23-2006, 04:11 PM
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I love the looks of the 968. I wanted a cab, but the wife told me she likes the coupe better. She also wants me to get a tip instead of a stick. Since I'll have to wait another two years or so, it'll be intresting if I end up with a 968 or Boxster. The 968 turns more heads.
Old 02-23-2006, 04:21 PM
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I smell a boxster in my future Soon you can all call me 986BoxsterNut , sadly not 986boxsterSNUT due to the uber pricing still.
Old 02-23-2006, 04:25 PM
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I doubt its the next 944. the majority of us work on our own cars, and the boxster just isn't that easy to get to parts. I geuss its not all that hard since you have the top, bottom, and from the passenger compartment, but all those covers you have to remove everytime, lol. I probably won't bother with a boxster, in the next few years I'll probably just get an S2000, or maybe a used NSX as a daily (WHAT! I'm still young, no wife, I can do that!) while keeping the 951 as a project.
I also would not be interested in a boxster if its not an S, to much of a downgrade imo, not to mention unless the interior was fully optioned with leather dash etc, then ewww, cheapo interior!
Old 02-23-2006, 05:07 PM
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S or no S, I love the car. Gimme one
Old 02-23-2006, 05:15 PM
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Well,
I don't think they will be all that effected. Seems that the market is different for these cars. The entire 944 line is nearing the bottom. I believe teh 924/944/951 cars are at the bottom already. Just look at the market values in Excellence over the past 5 years. Trend is pretty flat over those years. Up one year down the next.

The 968 is nearing the bottom of the curve. Still not there year, but my guess is the 968 will slot in price wise between the 951 and 951S for the couple and a couple grand above for the cab. Reason is performace wise that is about where the fit in. Boxsters are on their own seperate curve and I don't believe their prices have a large impact on the 944 line. Just like 928 prices do not really impact the 944 why should the 986 be any different?

One day the 2.5L Boxster may become a 5k car. Hard to guess as there were so many sold and old poorly kept convertables tend to get really beat and the costs of new roofs get very high with respect to the car's value. With a bad top the cars interior gets trashed and it value drops further.
Old 02-23-2006, 06:12 PM
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I knew boxsters were getting cheap, but it didn't hit me until i looked on autotrader. their are many to be had for under $15K w/ less than 100,000 miles. try finding a nice 968 cab w/ less than 100k miles for less than 15K.
Old 02-23-2006, 06:29 PM
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SamGrant951
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Originally Posted by Eyal 951
I probably won't bother with a boxster, in the next few years I'll probably just get an S2000, or maybe a used NSX as a daily (WHAT! I'm still young, no wife, I can do that!) while keeping the 951 as a project.
ditto to that. I was looking at S2000's before buying the M3 - kinda wish I would have, but I do like the E36. My next car will be a s2k or a NSX for sure.

To 944 pricing. I disagree with some of the statements and just cannot grasp the discussion we go over every few months. Its an older but not "real old" car. Its worth whatever someone will pay. A *nice* turbo or 968 will cost upwards of 11k-15k and I feel always will. The ones in great condition with no stories will hold their value regardless of market values, boxsters, etc.. period.
Old 02-23-2006, 07:13 PM
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Originally Posted by SamGrant951
ditto to that. I was looking at S2000's before buying the M3 - kinda wish I would have, but I do like the E36. My next car will be a s2k or a NSX for sure.

To 944 pricing. I disagree with some of the statements and just cannot grasp the discussion we go over every few months. Its an older but not "real old" car. Its worth whatever someone will pay. A *nice* turbo or 968 will cost upwards of 11k-15k and I feel always will. The ones in great condition with no stories will hold their value regardless of market values, boxsters, etc.. period.
Word!


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