Should I get a Boster (987) S?
Should I get a Boster (987) S?
Author
Discussion

edb49

Original Poster:

1,652 posts

235 months

Sunday 22nd April 2007
quotequote all
I'm looking for a car to run around in until I get delivery of my E92 M3, which will be early next year. I want something good to drive, which will depreciate very little and be a no hassle ownership experience. I cycle to work so it won't notch up that many miles, and it doesn't have to be super-practical.

One of the things I'm considering is a 2005ish Boxster S. They seem to be changing hands for £30-35k privately; I would budget to lose £3k over 12 months, does this sound right? The closest dealer if I wanted to go that route is Reading. Looking from their website, all their Boxsters seem to be priced higher than other Porsche dealers. Are they being optimistic, or expecting you to knock them down considerably? Final question, are there any good independents near Windsor?

911wise

1,887 posts

239 months

Sunday 22nd April 2007
quotequote all
Lose 3k buying from a dealer. You wish. If you buy and sell private then maybe if prices remain stable.

edb49

Original Poster:

1,652 posts

235 months

Sunday 22nd April 2007
quotequote all
Sorry for not beign clearer... I was anticipating losing £3k if doing it privately (both buying and selling)

911wise

1,887 posts

239 months

Sunday 22nd April 2007
quotequote all
Just look at prices of 04 cars that should give you an idea of the sort of money you may lose.

edb49

Original Poster:

1,652 posts

235 months

Sunday 22nd April 2007
quotequote all
Looking at the classifieds on this website, prices for Boxster S models:

2005:
£33k
£34k
£34k

2004:
£25k
£27k
£27k

Which seems to indicate quite a substantial £7k loss in 12 months. Ouch... I thought Porsche had strong residuals!

edb49

Original Poster:

1,652 posts

235 months

Sunday 22nd April 2007
quotequote all
Think I may be bridging the 986/987 gap with those prices. Parkers reckons £1500 difference for a 987 S on as 54 as opposed to a 55.

911wise

1,887 posts

239 months

Sunday 22nd April 2007
quotequote all
Just done the same as you and was going to say that 5-7k loss looks likely. The days of rock solid Porsche residuals are long gone I'm afraid.

marlinmunro

3,071 posts

235 months

Sunday 22nd April 2007
quotequote all
No because when your other car is ready it will feel like shite compared to a boxster S

edb49

Original Poster:

1,652 posts

235 months

Sunday 22nd April 2007
quotequote all
The M3 and Boxster are different ownership propositions - the M3 will be substantially quicker, have a locking rear diff, and a real gem of an engine. It may not have the finesse that a Porsche has, but it will have a brutality that is entertaining in another way.

Can someone confirm/deny the above about residuals - I assume the large gap is due to different model years?

qureshia

4,772 posts

236 months

Sunday 22nd April 2007
quotequote all
be careful there is a new 3.4 engine out so the "old" 3.2 (987's) are no longer the latest and greatest and this will effect used prices later this year

if you want one for 12 months get a facelift (986) seem like a bargin at the mo. e.g.

'53 plate , 19k miles, 2 owners etc for £22.5 k - £3k per year is always going to be hard to achieve but you are much more likely with something like this.






Edited by qureshia on Sunday 22 April 19:02

Dr S

5,156 posts

256 months

Sunday 22nd April 2007
quotequote all
edb49 said:

Can someone confirm/deny the above about residuals - I assume the large gap is due to different model years?


Yes, this is 986 vs. 987. As pointed out earlier, beware of the recent update from 3.2 to 3.4 litres. Cheapest option would be to go down the 986 route, as they will have seen the big depreciation hit already. Only downside is, that it's an "old" car

sherman klump

84 posts

237 months

Sunday 22nd April 2007
quotequote all

qureshia

4,772 posts

236 months

Sunday 22nd April 2007
quotequote all
if you want a boxster try out boxa.net (sorry if i am not allowed to mention other sites)

loads of good value ones come up - there is currently lady selling a 987 8.5k miles eek 55 reg for £32.5k

hobo

6,647 posts

276 months

Sunday 22nd April 2007
quotequote all
This one looks a bargain at 34k

www.pistonheads.com/sales/154127.htm

edb49

Original Poster:

1,652 posts

235 months

Sunday 22nd April 2007
quotequote all
hobo said:
This one looks a bargain at 34k

www.pistonheads.com/sales/154127.htm


Bargain... why don't you get it yourself

erics

2,721 posts

241 months

Sunday 22nd April 2007
quotequote all
Got myself a 986 s limited edition at the week end: the 550 spyder with 266bhp.
gt silver + cocoa inside and hood. Sport chassis.
pcm, manual box, telephone. 10000 miles from porsche zentrum in germany with factory warranty.
Yes i prefer lhd.
As new and for less than £25000.

I am well chuffed.

I was also going to get 987s with pcm, pasm etc... for £35k... but having had another 986s about 2 years ago and having tasted the bitter taste of depreciation, i tried another approach...

vr6-er

2,248 posts

270 months

Monday 23rd April 2007
quotequote all
987 is going to get facelifted this year, this will mean a big slap for the current car. Its amazing what restyled bumpers and LED lights do to residuals.

As everyone else said 986 S circa 2004 is a fantastic car especially with Carrera 18" alloys.

A word of caution, once into a Boxster S, your desire for an M3 will wither.

edb49

Original Poster:

1,652 posts

235 months

Monday 23rd April 2007
quotequote all
Thanks for the advice guys - I'm going to take a look at both routes (2004/986s and 2005/987s) and see which "feels" right.