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2009
40k miles
Pretty loaded (S wheels, sports chrono, nav)
Manual
Clean PPI, exterior 9/10, interior 10/10
Currently owned by an enthusiast/colleague who's fanatical about maintenance
Asking is $23.5k, he's willing to negotiate within reason. Any advice on what a reasonable counter offer would be? He says 718 turbo stigma is keeping resale values of older Boxsters high, which seems to make sense.
Sorry, I can't help with a counter price but I do have to make a comment. As the owner of a 2011 987.2 with similar mileage, condition, and specification (ok, It's a Cayman and it's an S), this seems like tremendous value for money at the price offered. I may have to start looking for another.
I don't know the US market, but I would tentatively agree. In Germany such a car would sell for 35k €, in Switzerland for 30-35k CHF. I know this does'nt help you. But it seems to be true for 987 and 981 that they keep value since the 718 are equipped with this awful non-Porsche-like turbo-four beetle engine. In Europe it seems sales of 718 are quite behind expectations. And if you look into the 981 GTS prices - they even have climbed a bit since the release of the 718. So if you get a good price and the car is clean I assume its a good moment to buy a used 987.
I bought a 987.1 Boxster S with same mileage for $22.5K a year ago from a Buick dealer who had it in as a trade-in. Given that this is essentially an identical car except for the IMS issue, this looks like a great deal.
I do think that 987 Boxster prices stabilized and may be inching up a bit now.
2009
He says 718 turbo stigma is keeping resale values of older Boxsters high
Blowing smoke....
Lot of other factors, if it is even true that values are up/stabilized. More likely Spring being around the corner and new car prices are stabilizing the values. In any event, your only option is to scan the web for competing models to see where things are currently priced and what's available. Personally, I don't think $23.5K sounds bad. However, for me, it would depend on color/options and whether it is really the car I want or I am willing to keep looking. I really like the 987 models, but that is just me. Once you figure out what boxes you want checked, such as color, MT, sport chrono, mileage...whatever... you might see that it is not easy to find the ideal car. One or two grand may not matter that much at that point.
EDIT: Actually the more I think about it, $23.5K for a 2009 sounds cheap.
Last edited by Semitone; Feb 17, 2018 at 05:55 PM.
That's a great price. If he is asking $23.5 see if $22K cash gets his attention. But even at $23.5 it's a great deal assuming it passes a PPI and all is as represented.
I bought a 987.1 Boxster S with same mileage for $22.5K a year ago from a Buick dealer who had it in as a trade-in. Given that this is essentially an identical car except for the IMS issue, this looks like a great deal.
There is a lot more that distinguishes the 987.2 from the 987.1 than just the lack of IMS. This seems like a great price. The 2.9 is a peachy motor.