2003 Porsche Boxster S

2003 Porsche Boxster S

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snotrag

14,459 posts

211 months

Wednesday 22nd July 2020
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How old are the dampers, wishbones, bushes, engine mounts, radiators etc?

geraintthomas

Original Poster:

900 posts

107 months

Thursday 23rd July 2020
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snotrag said:
How old are the dampers, wishbones, bushes, engine mounts, radiators etc?
Dampers, wishbones and engine mounts are original.

Radiators, tuning fork arms, coffin arms and bushes are new.

Half and half I suppose. I'm guessing your argument is that these parts are still old and may bring the price down? Would totally make sense too. The suspension is something I want to refresh soon with a full coilover setup set to almost standard height.

geraintthomas

Original Poster:

900 posts

107 months

Thursday 23rd July 2020
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Anyway. I'm not selling... just a thought about its value.


Thought I'd show a tip on how I keep the paintwork the condition it is, especially the front end. It's not had a respray and as you can imagine from a 17 year old car, stone chips on black paint were a pain.

This is where this comes in:



It's not actual T-Cut. What I mean by that is, it's not abrasive in any form. It doesn't "remove" scratches, it just hides them. It's pretty much a coloured glaze/filler. It puts black into all of the defects of the paint, drastically reducing the appearance of stone chips too. You can get other products that do similar things, but this is one I've used for years and love it.

As you can see after a fresh application of it:



Obviously it's not permanent, but it takes less than 15 minutes to apply and lasts a very long time, especially with sealant/wax over the top. Thought other people with black paint may want to try it out!

Nuisance

4,438 posts

175 months

Thursday 23rd July 2020
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Good thread, just read the lot.

And your wheels look a million times better in silver.

geraintthomas

Original Poster:

900 posts

107 months

Thursday 23rd July 2020
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Nuisance said:
Good thread, just read the lot.

And your wheels look a million times better in silver.
Thank you. I totally agree, not too sure what I was thinking at the time...

Right so I've given the drop link on the O/S front a go. I've already changed the N/S front a few years back, but when I went to change the rear N/S the bolt rounded, and I had to get a new suspension strut and hub carrier.

I don't know how the hell I did the other front before, doing this one has terrified me.



I've not been able to do it. I've cut the drop link off, and it does turn with a breaker bar. Managed to get one, maybe two full turns... but the socket doesn't seem as straight on as it was at the start. It's starting to angle a little the more force I give it, so anymore and it's going to slip and round the nut. I've booked it into a garage for next Friday for them to get it out. Hopefully they'll be able to use an air gun or something.

Damn. So close too. At least it turns.

geraintthomas

Original Poster:

900 posts

107 months

Monday 27th July 2020
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This is booked into a garage Friday, so will be replaced and back on the road then.


As all good things come to an end, it may be time to sell the car.

We're looking for a house next year and are saving up for the deposit. Maddie's having an inheritance coming in soon from her Grandad who unfortunately passed away quite recently, but it's quite a substantial inheritance, and could actually pay for the deposit twice over. I've explained that there's no way she's going to pay for the deposit by herself, and that I need to at least put something towards it as it's only fair. I've been living on my own for a long time and haven't had much chance to save. I've got a little bit, but there's other things we want to do too.

Here's the dilemma.

1. I keep the car. If I keep it, we'd have to wait until I save up a few grand, and it's not fair on either of us. Maddie's incredibly understanding and knows how much the car means to me, and is actively saying "keep it and we'll wait, we'll manage something", but I know that's not fair. The other half of this decision is that I'm keeping a car that is very expensive to run and maintain, even by myself. Tyres, brakes, fuel, service parts, and any repairs are very expensive. Before last August when I repaired the car fully, its track record wasn't great and had every common fault under the sun. Since I put it back on the road and repaired it, not a single thing has gone wrong on it (aside from this drop link, which has been knocking for years and haven't got round to doing it). But because I've had a bad experience previously, I've lost trust in it. So I'd be keeping a car that I don't trust, that's expensive to keep, and causing us to wait to buy a house. But I'd keep the car. I'd keep what means a hell of a lot to me, and what I've put my heart into making what it is today.

2. I sell the car, and I buy an MX-5 NC. These cars are fantastic, cheap to run, cheap parts, incredible handling and are very reliable being Japanese. I can buy one for around £3,000-£4,000, and have a profit of £3,000-£4,000 from selling the Porsche, which can go straight towards the house. I'd also not worry about things going wrong on it, about parts being expensive, and we won't have to wait to save up - when the inheritance comes in, we can house shop straight away. If we waited (like I was going to above) on top of this, the deposit would be even bigger, and the house would be even nicer. In the future, maybe in only a few years time, I could always buy another Boxster (maybe a 987 S) and start over. But I'd loose this car, and everything I've done to it. I support Porsche and what they do, support Porsche Motorsports when I was the GT World Championship and WEC, read about them in magazines, and smile that there's one on the drive. If I sell it, I won't have that anymore. I'd have a Mazda. It's a great little car, but it's not special. It doesn't sound the way the Porsche sounds and feels the way it feels. I'd be absolutely devastated selling this car, especially since I've fixed everything on it and it hasn't gone wrong since I put it back on the road, and it may be absolutely fine for years to come now. I don't want to sell it at all, but feel like I should and maybe it's for the best.

Then Maddie says "Don't sell it then!", and we're back to point 1.

It's something I'm thinking of over the next few days. My insurance runs out on the 5th August, and it's MOT is up in the next two weeks. I won't insure it for a year if I know I'm going to get rid of it, so it could be up for sale very shortly if I decide to do that.

I'm in no rush. We're not looking for a house until that inheritance comes in around Christmas time, which means if I do decide to sell it, I won't give in to any stupid offers. To be honest I'm not comfortable in settling for the normal price of a Boxster S with this miles on it, purely because of the condition as well as the work that's been done. Anyone on here knows how much I've looked after it, and I believe that reflects in the price. If it doesn't with the buyer, I'll wait. It'll sit on my drive until I get a price I'm happy with, or until next year where I feel it really needs to go.

So there we go. I'm absolutely gutted, feel like crap, don't know what to do, but I feel like I should sell it soon. It's been an incredible 5 years, and I have to remember that it's just a pile of metal and I can get another in a few years time.

Comments very welcome.

Smitters

4,003 posts

157 months

Monday 27th July 2020
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Honestly, I'd keep it, and sell the Focus when it comes to it if you still need the money. Do some maths and see if it's really cheaper to run two cars or one. If you need two, get thee to Shed-life. Aka, my 1999 Audi A4 TDI and my Caterham. One must facilitate the other.

I have to be honest, you'll probably get into the NC info, scope creep will kick in and before long the budget's £5k for a Mk3.5 Sport Tech, because metal roof, better suspension, lsd etc. Plus you're talking about selling the car when you need the money, which always puts you at a disadvantage. This closes the gap between selling price and buying price and this diminishes the deposit and thus the reason for sale.

Between now and then, save like a boss in all areas of life. You're clearly someone who can do very well at what they put their mind to, so between now and next year, frugality reigns supreme. It'll suck for a few months and then you'll have a house on your terms and a Porsche.

geraintthomas

Original Poster:

900 posts

107 months

Monday 27th July 2020
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Smitters said:
Honestly, I'd keep it, and sell the Focus when it comes to it if you still need the money. Do some maths and see if it's really cheaper to run two cars or one. If you need two, get thee to Shed-life. Aka, my 1999 Audi A4 TDI and my Caterham. One must facilitate the other.

I have to be honest, you'll probably get into the NC info, scope creep will kick in and before long the budget's £5k for a Mk3.5 Sport Tech, because metal roof, better suspension, lsd etc. Plus you're talking about selling the car when you need the money, which always puts you at a disadvantage. This closes the gap between selling price and buying price and this diminishes the deposit and thus the reason for sale.

Between now and then, save like a boss in all areas of life. You're clearly someone who can do very well at what they put their mind to, so between now and next year, frugality reigns supreme. It'll suck for a few months and then you'll have a house on your terms and a Porsche.
I can't have the Boxster as my only car when the Focus is a 5 door 78mpg reliable car. It doesn't make any sense. It's far cheaper to run the Focus than the Boxster, and more practical and reliable. I mentioned that I'd be spending around £3,000 for a NC, not £5,000. I've also said that I don't need the money now as I'm in no rush - it'll be up for sale soon, but I can wait until next year if I get stupid offers. There's no rush.

Appreciate the idea though.

Smitters

4,003 posts

157 months

Monday 27th July 2020
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geraintthomas said:
Smitters said:
Honestly, I'd keep it, and sell the Focus when it comes to it if you still need the money. Do some maths and see if it's really cheaper to run two cars or one. If you need two, get thee to Shed-life. Aka, my 1999 Audi A4 TDI and my Caterham. One must facilitate the other.

I have to be honest, you'll probably get into the NC info, scope creep will kick in and before long the budget's £5k for a Mk3.5 Sport Tech, because metal roof, better suspension, lsd etc. Plus you're talking about selling the car when you need the money, which always puts you at a disadvantage. This closes the gap between selling price and buying price and this diminishes the deposit and thus the reason for sale.

Between now and then, save like a boss in all areas of life. You're clearly someone who can do very well at what they put their mind to, so between now and next year, frugality reigns supreme. It'll suck for a few months and then you'll have a house on your terms and a Porsche.
I can't have the Boxster as my only car when the Focus is a 5 door 78mpg reliable car. It doesn't make any sense. It's far cheaper to run the Focus than the Boxster, and more practical and reliable. I mentioned that I'd be spending around £3,000 for a NC, not £5,000. I've also said that I don't need the money now as I'm in no rush - it'll be up for sale soon, but I can wait until next year if I get stupid offers. There's no rush.

Appreciate the idea though.
No worries. I've been there. I guess my point was if you factor the equity in the Focus versus the great running costs, what else comes close to the running costs and reliability while releasing the equity? Yes it sucks to drive something that's not shiny and new, but it comes with a good reason and reward and isn't forever. I've also spent the last two months helping a friend look for an NC, so know what the £3k cars are like. But, in the end, not spending money is the best way. Sandwiches, not bought lunches, redo all utilities etc, eat in not out/takeaway and the pennies start to mount up. I did it for two years before my first Caterham and it was absolutely worth it

sdh2903

543 posts

172 months

Monday 27th July 2020
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I had the exact same dilemma when we wanted to buy our first home 6 years ago. I was running a 320d daily and a self built westfield.

The area we were wanting to buy the properties were increasing in price by 3-5% a year. So it was keep both cars and save for another year or sell the westfield and buy the house now. With the house prices going up by 10k in that year meant we would have had to compromise on the house if we'd waited.

In the end I sold the westfield which broke my heart, however we got a house for life at a price we could afford. Then after getting the house sorted, building a new garage and past the first 2 years of high interest, I've built another westfield.

Every situation is obviously different but to me the short term loss of a toy car was totally the right thing to do.

geraintthomas

Original Poster:

900 posts

107 months

Monday 27th July 2020
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sdh2903 said:
I had the exact same dilemma when we wanted to buy our first home 6 years ago. I was running a 320d daily and a self built westfield.

The area we were wanting to buy the properties were increasing in price by 3-5% a year. So it was keep both cars and save for another year or sell the westfield and buy the house now. With the house prices going up by 10k in that year meant we would have had to compromise on the house if we'd waited.

In the end I sold the westfield which broke my heart, however we got a house for life at a price we could afford. Then after getting the house sorted, building a new garage and past the first 2 years of high interest, I've built another westfield.

Every situation is obviously different but to me the short term loss of a toy car was totally the right thing to do.
That's made me feel much better, knowing you've been through the exact same thing, even down to getting another in the future.

Selling or keeping this boxster is the difference in looking for a house with or without a garage. If I sell it, we could get one sooner with a garage. That'll be a nicer house with a garage and an MX-5 I could work on. If I keep it, I'm keeping an expensive car to run, and we wouldn't have as nice of a house.

I think my mind is already made up, it's just a very hard pill to swallow and it's going to break my heart to get rid of it.

So there we are. Accepting offers I suppose.

drdino

1,151 posts

142 months

Monday 27th July 2020
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Keep the Boxster and repay the additional deposit to your partner over the course of time you'd be saving?

geraintthomas

Original Poster:

900 posts

107 months

Monday 27th July 2020
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drdino said:
Keep the Boxster and repay the additional deposit to your partner over the course of time you'd be saving?
She has other things she'd like to put her inheritance towards. She needs a new laptop, wants to learn to drive etc. I can't ask her to do that as that'll be too much.

ATM

18,294 posts

219 months

Monday 27th July 2020
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geraintthomas said:
Accepting offers I suppose.
I'll start us off at 4000.

drdino

1,151 posts

142 months

Monday 27th July 2020
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geraintthomas said:
She has other things she'd like to put her inheritance towards. She needs a new laptop, wants to learn to drive etc. I can't ask her to do that as that'll be too much.
Fair enough smile

geraintthomas

Original Poster:

900 posts

107 months

Monday 27th July 2020
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ATM said:
I'll start us off at 4000.
Keep going... laugh

ATM

18,294 posts

219 months

Monday 27th July 2020
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geraintthomas said:
ATM said:
I'll start us off at 4000.
Keep going... laugh
Can't bid against myself that's silly

geraintthomas

Original Poster:

900 posts

107 months

Monday 27th July 2020
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ATM said:
Can't bid against myself that's silly
Good point.

Jimmy Recard

17,540 posts

179 months

Monday 27th July 2020
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I don't know how much the Focus is worth, but I think I'd sell that and replace it with something at the shed price level.

I had an NC MX-5 before my Boxster S and it's a very different car

I've got two reasons for this approach -
1) the Porsche means a lot to you
2) the Focus will depreciate more anyway
Edited by Jimmy Recard on Monday 27th July 17:04


Edited by Jimmy Recard on Monday 27th July 17:05

LanceRS

2,172 posts

137 months

Monday 27th July 2020
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My suggestion and it is just a suggestion, if you do have to sell the Porsche, buy the house and then try to save for it’s replacement.
It seems that the MX5 is a car to have because you don’t have the funds available for a Boxster rather than because you have a great urge to own one. If that is the case, it will never be the car that you want, because what you really want is the Porsche. As such any money spent on buying and running the Mazda will prolong the time it takes you to get back into the car that you really desire.
In any event, it will be a great shame to see it go and I for one will miss this thread.