986 Boxster S pricing - too good to be true?
#1
Rennlist Member
Thread Starter
986 Boxster S pricing - too good to be true?
I own a 911 but I’m 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 it’s 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)?
#2
I own a 911 but I’m 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 it’s 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)?
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.
#3
Rennlist Member
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.
#4
Rennlist Member
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
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
#5
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.
#6
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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#9
Rennlist Member
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/
https://bringatrailer.com/search/986+boxster+s/
#10
Rennlist Member
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
#11
Believe it or not I just picked up a 2000 S with 50k miles for $6k. It’s beautiful. Needed IMS, new tires. Also headlights glass is burned a bit. Only 2 owners and always garaged. We are in disbelief! It’s our first Porsche and love it
#12
Rennlist Member
Hagerty's collector car insurance has selected the 986 as a top ten car to appreciate in value.
#13
Rennlist Member
I’ve 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
#14
Got my 2000 S with 60k for $9k back in July. I've put maybe $2500-$3000 into sorting it out so far doing all the work myself (mostly elective stuff like the IMS and convertible top, nothing was really "broken" except the front motor mount). Price is totally believable