jnwright71

I’m looking to buy at present and most sellers have their heads buried in the sand.  The prices on AT are, in most cases, ludicrous.

I missed out on a nice’ish 981S Boxster in early July.  2014, 29k, main dealer history, good spec etc.  It was up for £32k but when I looked at it, it needed about £1-£1.5k spending to make it great rather than just tidy (alloys needed refurbing, scuff on two bumper are and a prominent trolley dink).

I offered £31k but the seller had an offer in the table from a trader at £32k.  He sold to the trader who, just a week later, put it up at £38k (for a non-main dealer advertised 2014 Boxster S 😂😂).

It’s still for sale, but now reduced to £37k.  In this market, with the summer over, it’s probably now worth £30-£31k from a good dealer.  

From what I’m seeing, prices are £5-£10k above where they need to be, and will probably be, by Christmas.

As an aside, I’ve just ordered an EV to be my daily driver and lease rates for many cars are 20-30% below the peak in 2021-22 and, even so, volumes are beginning to suffer.

Slow new sales = low new prices = rapid reduction in used car prices.

I'm lucky that my Porsche acquisition will be a weekend toy so I can wait until the market corrects itself before I buy.

it’s very quickly becoming a buyer’s market.

On 9/4/2023 at 7:27 PM, alank said:

been offered 30k for my White S, 28000m, most options, by Ashgood , which is 150£ less than WBAC did on friday ??

Hi AlanK, I might be interested in your Boxster if you are still looking to sell.  Please PM me.

I’ve been looking for a new (to me) 981 or 718 (Boxster or a Cayman) for 4 months.  Lots for sale but nothing is moving.  I’m watching circa 15 cars I like but can’t justify paying £5-£10k above true value and that’s what most are asking.

However, new listings are showing up everyday and the prices are still ludicrous (£35k for basic 2013/2014 Boxsters with 40-50k miles),  These sellers will be in for a very long wait  

The market will continue to drop, and probably heavily, with the end of summer and the current cost of living pressures.

Tough market if you are selling, but a good time to buy if you are prepared to be patient.

Hi All,

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if interested, please PM me 👍