the baron Posted March 16, 2017 Report Share Posted March 16, 2017 An interesting article from Hagerty this week, "Five Concept Cars You Can Own Now". The 986 is included in the list: And is predicted to rise.https://www.hagerty.com/articles-videos/Articles/2017/03/13/concept-cars-you-can-own? Link to comment Share on other sites More sharing options...
Southy Posted March 16, 2017 Report Share Posted March 16, 2017 12 minutes ago, the baron said: An interesting article from Hagerty this week, "Five Concept Cars You Can Own Now". The 986 is included in the list: And is predicted to rise.https://www.hagerty.com/articles-videos/Articles/2017/03/13/concept-cars-you-can-own? Interesting read, they won't rise like the 911 though, the Boxster is just like the 924/944, it's not even akin to the 968 and 928 which were made in lesser numbers. I think prices will level out or they may have already, I could sell my car for more than I paid for it two and half years ago, it was partly a good deal and partly prices have held up a little. Link to comment Share on other sites More sharing options...
Jason986S Posted March 16, 2017 Report Share Posted March 16, 2017 1 hour ago, Southy said: Interesting read, they won't rise like the 911 though, the Boxster is just like the 924/944, it's not even akin to the 968 and 928 which were made in lesser numbers. I think prices will level out or they may have already, I could sell my car for more than I paid for it two and half years ago, it was partly a good deal and partly prices have held up a little. I agree on both paragraphs here too. Link to comment Share on other sites More sharing options...
kevs Posted March 16, 2017 Report Share Posted March 16, 2017 Probably right re volumes but the 924 and 944 were always tarnished by their close association with VW which may also have played a big part in holding down their values. Link to comment Share on other sites More sharing options...
mickemo Posted March 16, 2017 Report Share Posted March 16, 2017 prices of good 986 examples def firming up....it will be a very long time before they reach 911 levels (if at all) Link to comment Share on other sites More sharing options...
the baron Posted March 16, 2017 Author Report Share Posted March 16, 2017 I don't think they will ever reach air cooled 911 stuff, but they will be much more sort after than the 924/944 mentioned above. Link to comment Share on other sites More sharing options...
RCS Posted March 17, 2017 Report Share Posted March 17, 2017 I'd agree with @Southy prices are probably bottomed/bottoming, especially for good condition ones with service history etc. As said air cooled 911 prices are very strong, as such I think 996's are increasing, especially for nice ones, though there's plenty of £10/12k ones on Autotrader (including one with "front and rare break discs" ). We did consider a 996 Cab before getting another 986 last year, and in the 3/4 months or so we followed the 996 market and nice Cabs were creeping up, albeit in summer. This may mean 'sensible' buyers wanting a nice cared for Porsche with service history, but have a budget, may well now be looking at the Boxster, and so prices will start to firm up for those cars. Link to comment Share on other sites More sharing options...
mike597 Posted March 17, 2017 Report Share Posted March 17, 2017 What is holding the older Boxsters back is the fact they cost near enough 911 money to keep going in good condition. Link to comment Share on other sites More sharing options...
Southy Posted March 17, 2017 Report Share Posted March 17, 2017 15 minutes ago, mike597 said: What is holding the older Boxsters back is the fact they cost near enough 911 money to keep going in good condition. It's a good point a 996 C4 wouldn't be much more in running costs than I pay for my 986 but the 996 will always be worth more and the prices are increasing Link to comment Share on other sites More sharing options...
Boxob Posted March 17, 2017 Report Share Posted March 17, 2017 2 hours ago, mike597 said: What is holding the older Boxsters back is the fact they cost near enough 911 money to keep going in good condition. IMHO it's this which will ultimately help increase the Boxster's value. When the maintenance cost to value ratio is poor, cars will be scrapped rather than repaired and maintened. Fewer cars on the road stokes supply and demand and consequently price. Unlike earlier 911s (and other makes and models) Boxsters don't have rust helping to decrease their numbers so it'll take longer for the supply side to drop but it will! Link to comment Share on other sites More sharing options...
Tonybandit Posted March 17, 2017 Report Share Posted March 17, 2017 All this said I'm still keeping my 84000 mile 2.7 boxster with low milage in the hope that the price of early models go up. I also think they will go up but never as high as an air cooled 911. My thoughts is to buy a 996 as they are the next classic 911 that prices go through the roof. "My next purchase" lol Link to comment Share on other sites More sharing options...
edc Posted March 17, 2017 Report Share Posted March 17, 2017 1 minute ago, Tonybandit said: All this said I'm still keeping my 84000 mile 2.7 boxster with low milage in the hope that the price of early models go up. I also think they will go up but never as high as an air cooled 911. My thoughts is to buy a 996 as they are the next classic 911 that prices go through the roof. "My next purchase" lol 84,000 miles and low mileage is a bit of an oxymoron isn't it? Let's face it, if any of us are buying our 986 with the primary focus being investment potential then 1) you wouldn't buy the car you have now 2) your maths is surely bad as the amount you will have undoubtedly reinvested in servicing and parts etc will outstrip any return. Link to comment Share on other sites More sharing options...
Jason986S Posted March 17, 2017 Report Share Posted March 17, 2017 30 minutes ago, edc said: 84,000 miles and low mileage is a bit of an oxymoron isn't it? Let's face it, if any of us are buying our 986 with the primary focus being investment potential then 1) you wouldn't buy the car you have now 2) your maths is surely bad as the amount you will have undoubtedly reinvested in servicing and parts etc will outstrip any return. I think most 986 owners will be able to sell their cars for the same as what they've paid for them in the last year for the same money over the next couple of years. If not a smudge more as they've bottomed out and we (enthusiast types) will invest decent money on keeping them tip top. Obviously anything you put into maintaining a car should never be seen as a mark up on the re-sale price. I hate it when I see modified cars with an invoice list of tacky mods and expect them to be added to a base cars value. Doesn't work like that imo. Link to comment Share on other sites More sharing options...
Tonybandit Posted March 17, 2017 Report Share Posted March 17, 2017 3 minutes ago, Jason986S said: I think most 986 owners will be able to sell their cars for the same as what they've paid for them in the last year for the same money over the next couple of years. If not a smudge more as they've bottomed out and we (enthusiast types) will invest decent money on keeping them tip top. Obviously anything you put into maintaining a car should never be seen as a mark up on the re-sale price. I hate it when I see modified cars with an invoice list of tacky mods and expect them to be added to a base cars value. Doesn't work like that imo. That's so true. I've seen so many cars that look like they have just drove through Halford window and sell because other people think they look good. Hahaha. Link to comment Share on other sites More sharing options...
Jason986S Posted March 17, 2017 Report Share Posted March 17, 2017 1 minute ago, Tonybandit said: That's so true. I've seen so many cars that look like they have just drove through Halford window and sell because other people think they look good. Hahaha. All "mods" are added to the expense and taste of the person fitting them. That shouldn't be transferred to the next potential owner. Previously I've advertised heavily modified cars with a spec list where all parts are optional. Stock car one price, basic mods (suspension exhaust etc) then extras like spoilers, bucket seats are all subject to if the buy wants them. Otherwise I've put cars back to standard and sold them for the same price and had a garage full of modifications to sell on. This chap bought my supercharged Honda for 3 times what I paid for the base car, but he was openly clear the car would be stripped of all mods at his time/expense to basically get the stock car for nothing in the long term. Fine by me as I didn't have to strip the car myself to sell it to him cheaper and have the hassle of selling the modifications myself. That car is now a different colour with a different engine too. He didn't lie or hang about! Link to comment Share on other sites More sharing options...
edc Posted March 17, 2017 Report Share Posted March 17, 2017 30 minutes ago, Jason986S said: I think most 986 owners will be able to sell their cars for the same as what they've paid for them in the last year for the same money over the next couple of years. If not a smudge more as they've bottomed out and we (enthusiast types) will invest decent money on keeping them tip top. Obviously anything you put into maintaining a car should never be seen as a mark up on the re-sale price. I hate it when I see modified cars with an invoice list of tacky mods and expect them to be added to a base cars value. Doesn't work like that imo. There's a difference between an 'enthusiast' and an 'investor' though. The fact many can sell for roughly the same price is a benefit but isn't the main factor in buying the car. I'd argue as well that selling for the same price is not an investment - that's still a loss with whatever on-costs you have in the car over the period Link to comment Share on other sites More sharing options...
Jason986S Posted March 17, 2017 Report Share Posted March 17, 2017 1 hour ago, edc said: There's a difference between an 'enthusiast' and an 'investor' though. The fact many can sell for roughly the same price is a benefit but isn't the main factor in buying the car. I'd argue as well that selling for the same price is not an investment - that's still a loss with whatever on-costs you have in the car over the period I wouldn't call running costs a loss. That's like added the cost of fuel for a year to a cars price to sell it to cover expenses. A bit extreme I know, but I consider it similarly. Enthusiasts definitely don't buy to make money, as you say it's a happy convenience if it does happen. Ive been fortunate that I've only sold 2 cars for less than I paid for them in my life. And we're only talking a few hundred quid. Link to comment Share on other sites More sharing options...
PaulQ Posted March 17, 2017 Report Share Posted March 17, 2017 7 hours ago, Boxob said: Unlike earlier 911s (and other makes and models) Boxsters don't have rust helping to decrease their numbers so it'll take longer for the supply side to drop but it will! This is a good point. My car is now 20 years old, and I can't find any rust on it at all. I think it will be a long time before these cars start getting scrapped due to corrosion issues. Link to comment Share on other sites More sharing options...
edc Posted March 17, 2017 Report Share Posted March 17, 2017 36 minutes ago, Jason986S said: I wouldn't call running costs a loss. That's like added the cost of fuel for a year to a cars price to sell it to cover expenses. A bit extreme I know, but I consider it similarly. Enthusiasts definitely don't buy to make money, as you say it's a happy convenience if it does happen. Ive been fortunate that I've only sold 2 cars for less than I paid for them in my life. And we're only talking a few hundred quid. You're thinking like an enthusiast though. Any additional cost after your initial investment eats into your net gain. If your on costs plus initial purchase price are more than your sale price you have made a negative net gain ie a rubbish investment! Link to comment Share on other sites More sharing options...
Menoporsche Posted March 17, 2017 Report Share Posted March 17, 2017 Dear moderators, please can we have an "Air-cooled 911 values" sub-forum? Link to comment Share on other sites More sharing options...
Araf Posted March 17, 2017 Report Share Posted March 17, 2017 5 hours ago, Menoporsche said: Dear moderators, please can we have an "Air-cooled 911 values" sub-forum? I'd prefer to just lock all of the threads which even hint at price speculation. It keeps enthusiasts on a budget out of the cars that they probably deserve to experience. Link to comment Share on other sites More sharing options...
Leonard Posted March 17, 2017 Report Share Posted March 17, 2017 21 minutes ago, Araf said: I'd prefer to just lock all of the threads which even hint at price speculation. It keeps enthusiasts on a budget out of the cars that they probably deserve to experience. Link to comment Share on other sites More sharing options...
the baron Posted March 18, 2017 Author Report Share Posted March 18, 2017 To be honest I hope the cars don't go the way of air cooled metal, it will take all the fun out of them, they won't be used the way Porsche intended and will sit in air conditioned garages and only be brought out to be re sold or be displayed at shows. It's one of the reasons I bought my Boxster, it's cheap and fun and puts a smile on my face and I don't worry about driving it in any weather conditions or leaving it in the street while I go shopping. Link to comment Share on other sites More sharing options...
Southy Posted March 18, 2017 Report Share Posted March 18, 2017 If you want a 911 that 'will' go up in value and is cheap right now just buy a 996, prices are going one way only. Link to comment Share on other sites More sharing options...
EXY Posted March 18, 2017 Report Share Posted March 18, 2017 Keep your 986 fried-eggs, soon they will be worth refitting for that LEFT THE FACTORY look. Should add -£0.50 to the price. Interesting to see what EXTRAS really add/detract from real values. I am tempted to side with Jason. Link to comment Share on other sites More sharing options...
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