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986 Boxster S pricing - too good to be true?

Old 01-05-2019, 11:52 AM
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Maxhouse97
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Default 986 Boxster S pricing - too good to be true?

I own a 911 but Iím helping my dad shop for 986 S, found a 2001 with 80k miles for 10k. We are taking it to get a full PPI, but I feel like itís too good to be true (not just this specific car but all 986s now, especially the S). What am I missing? Are these such a good deal due to the same reason 996s are cheap (IMS and headlights)?
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Old 01-05-2019, 12:26 PM
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Starter986
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Originally Posted by Maxhouse97 View Post
I own a 911 but Iím helping my dad shop for 986 S, found a 2001 with 80k miles for 10k. We are taking it to get a full PPI, but I feel like itís too good to be true (not just this specific car but all 986s now, especially the S). What am I missing? Are these such a good deal due to the same reason 996s are cheap (IMS and headlights)?
IMHO... the 986 is a great car. Even absent the engine the vehicle is well put together. Certain of those years are absent all the technological advancements... which is good... so you can actually "drive" the car.

Are they such a good deal due to the "same reasons..."? I think they're a good deal because selling owners are either desperate to sell... the car needs a lot of work (maintenance)... or wealthy enough have enough quid to believe the cars are disposable. They're the ones that keep the prices so low.

Headlights? FFS. Yeah... a little orange drives down the price.

Good luck with your purchase.
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Old 01-05-2019, 07:05 PM
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Shawn Stanford
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That seems on the low end of reasonable for an 'S' at that mileage. I think people are starting to abandon them. You have to figure that he got his money's worth after 18 years.
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Old 01-05-2019, 11:21 PM
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joseph mitro
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Depending on geographic location, I'd say that's about right for an S model. It's also the wrong time of year to buy a convertible so theoretically prices are lower.

But I would say "yes" the 986 is quite cheap right now and will continue to be for a long time. I bought my base 99 Boxster for $3k
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Old 01-06-2019, 06:03 PM
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Given your location, not unusual to see an "S" for $10K at this time of year. Come spring time when the weather warms up, they'll demand a tad more.
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Old 01-07-2019, 01:20 PM
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The prices have become really attractive for those that would have never thought about owning a Porsche. I have a close friend that is wanting to find a super crazy deal on a Boxster and put a bigger motor in it over the stock engine. He has great mechanical skills. Rebuilt many motors. He's currently doing a LS swap on a BMW 3 series. Crazy huh? I'm trying to steer him away from putting an LS in a Porsche (e.g. Apollo 911).
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Old 01-11-2019, 06:48 PM
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AnthonyGS
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Yes they are that cheap now. I picked up a 00 S in speed yellow for 9900 recently. Sure its not perfect but what a great drive for the money.
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Old 01-13-2019, 11:53 AM
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Picked the wifeís Ď04 S 6spd(108k mi.) for $9900 last month. It needed a heater core. Thatís it. Other than the fogged up halogens, the car is beautiful.
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Old 01-13-2019, 12:13 PM
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hf1
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Recent 986 Boxster S sales on BaT. OP's car (and other's mentioned here) do seem on the low side but not by much, given options, miles, condition, and whether IMS was done or not ($2-3k mod):

https://bringatrailer.com/search/986+boxster+s/
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Old 01-14-2019, 10:21 AM
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joseph mitro
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interesting, thanks for posting. that search shows prices all over the place. some of those cars at the low end seem to be great buys, some at the higher end more desirable but not necessarily great bargains IMHO
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Old 01-14-2019, 02:52 PM
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Believe it or not I just picked up a 2000 S with 50k miles for $6k. Itís beautiful. Needed IMS, new tires. Also headlights glass is burned a bit. Only 2 owners and always garaged. We are in disbelief! Itís our first Porsche and love it
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Old 01-14-2019, 02:59 PM
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Hagerty's collector car insurance has selected the 986 as a top ten car to appreciate in value.
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Old 01-14-2019, 03:13 PM
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joseph mitro
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Iíve seen that report several times. While I would love to think my car will be worth some money someday, the sad likelihood is I think that only applies to low mileage, well maintained and well documented versions, especially limited editions
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