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Is the 987.1 Boxster the best value sports car out there?


DavidL

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So I bought my Boxster back in November, it's a 2006 2.7 with 85K on at time of purchase.

I went for a quick trip out to Wickes to grab something earlier this evening, roof down, quiet roads and it was bliss - the handling, the sound, the feel of being in a Porsche.  As I walked back to the car, it looked fantastic and I can't quite believe I paid less than £8K for it.  It's such a huge amount of car for the money.

I'm not saying I wouldn't like to upgrade it to a 987.2, 981 or 997, but I'm pretty sure that £ for £ this car will deliver as many smiles.

I've had my eye on this 987.2 at Ashgood for a few weeks now https://www.ashgood.co.uk/vehicle-details/Porsche-Boxster-U792, it looks lovely but will it deliver much more for and additional £12k?  It's a bit of a rhetorical question as I've just bought a garden office instead (which won't be as much fun, but needs must).

So what else could you buy for sub £8K that would be more fun and equally as practical as a daily driver?  I can't think of anything.

As this is a Boxster forum, I'm guessing we're all on the same page - I just have to pinch myself every now and again at what an amazing car it is for the money.

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Hi. I gave what I considered to be a laughable amount of money a couple of years ago for a lovely 2005 3.2S in a great colour with great spec and sensible miles from a forum member. I'm not Porsche " through and through ", I have a background in the past of working in the trade for Toyota and Lexus, and am sold generally on the reliability of the products they used to offer, and in some cases still do. I just fancied a Boxster, and they weren't expensive at the age I was looking at. I've had 3 now!

It still surprises me with the latest one to think how much car I got for the money. I have considered a Gen 2 3.4 in the same colour ( cobalt blue ), that was on ebay a while back, and really, at less than 14k, with 90k miles,  I should have bought it, but the timing was bad. If that opportunity ever comes around again, I won't be so daft. If all the potential issues with common problems have been addressed, as seems the case, in principle, I'm in.

Less than 8k for a 987 is a good deal if the car behaves. People seem to have started giving the 986 a lot of attention over the last couple of years, with the benefit for the owners that the prices look to have started creeping up, it's only a matter of time before the 987 gets the same treatment. In my view it's the better car, there's now a crossover point with pricing, it has to happen.

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Hi folks, I bought my 987.1 3.4s with 53,000 miles last February and have covered a happy 7K miles since. I love the car particularly the roof down, quiet rd scenario that DavidL mentions above. Mine is a daily driver, only 10 miles each way on quiet roads. I probably only do 350 miles a month. Every drive feels like an event and in this weather the roof is down most of the time.

I paid 16K for my reasonably well speccd car in great condition and although that was probably at the top of the price range I think that it still offers value for money.

Like everyone else I read through the volume of material about IMS, Piston Slap etc etc. I still decided to buy as I take the view that with a 10 year old car if these things were going to happen the likelyhood is that they would already have done. This point seems largely overlooked in the ongoing debates.

I anticipate many years of happy driving. At my current rate another 4 or 5 years will still see the car with sub 90K miles. Whatever it is worth at that time will be a bonus.

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8 minutes ago, Bravestarr said:

 

Like everyone else I read through the volume of material about IMS, Piston Slap etc etc. I still decided to buy as I take the view that with a 10 year old car if these things were going to happen the likelyhood is that they would already have done. This point seems largely overlooked in the ongoing debates.

 

Don't Jinx it Bravestar :)

I have to agree though, my car is a recent addition to the fleet. The wife has asked me on more than one occasion the valve for the car and she can't believe it was so cheap, "How can that be...for this Porsche??". I didn't want to mention any potential problems, above average running costs can put people off. Lets just see how that goes  I thought :)

Plus I have used the usual 'wife deduction multiplier factor(usually about 10% on cars)' when asked about the cost of anything I buy that's expensive ?

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Having recently moved from a 987.1s to a 987.2 I can report that there is quite a difference. Is it 10k difference or more like 15k difference for mine ? no but I don’t regret it one bit!!

But back to the original question and yes I do agree the 987 is the best value sports car out there ?

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1 hour ago, Menoporsche said:

Try posting this in the 986 forum, see if you still get unanimity ;)  

?

I think you’re right and even though the 986 is a great car and I loved mine I still think for the more modern looks and updated interior the 987 pips it.

But the 986 definitely gives the rawest sports car drive ?

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2 hours ago, Menoporsche said:

Try posting this in the 986 forum, see if you still get unanimity ;)  

 

1 hour ago, Lonewolfgjp said:

?

I think you’re right and even though the 986 is a great car and I loved mine I still think for the more modern looks and updated interior the 987 pips it.

But the 986 definitely gives the rawest sports car drive ?

oh, ok I see what you guys did here.

It has to be the 986.1 :) none of this fancy dancy traction control and cup holders!, raw driving as it should be although tip toe in the wet.

 

 

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Is the 987.1 Boxster the best value sports car out there?

One of the best, yes without a doubt, but I'd go on to say that the Boxster generally is the best value sports car out there. I have to say that 987.1 cars do seem particularly good value at the moment but step "back" to a 986 and I think the bang for buck is even more striking.

That doesn't mean to say that a 718 is particualrly bad value for money, you get more power, home comforts, toys, etc and residuals are obviously still high as they're so new.

17 hours ago, DavidL said:

I'm not saying I wouldn't like to upgrade it to a 987.2, 981 or 997, but I'm pretty sure that £ for £ this car will deliver as many smiles.

Totally agree, having owned a 2.7 987.1, 3.4 987.1, and now 3.4 987.2, they all return almost identical smiles per hour, just in slightly different ways. I've only had limited experience in driving 986's but I'm convinced that the same applies.

4 hours ago, Lonewolfgjp said:

Having recently moved from a 987.1s to a 987.2 I can report that there is quite a difference. Is it 10k difference or more like 15k difference for mine ? no but I don’t regret it one bit!!

Yes, but don't forget that the large price difference was partly due to your 987.2 being a Black Edition and each of those words (when taken together) commands a premium of approximately £2.5k although they do bring with them quite a unique and highly spec'd car which should also hold its value well.

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having relatively recently purchased my first Porsche i can only agree - i started off with the criteria of a 2 seater soft top, automatic with a premium badge for around £10-12k - when you get down to it, there really isn't much in this price range that has that "premium" feel - BMW z4, Audi TT, Mercedes SLK as the automatic criteria pushed a few out of the door before i started.

I did succumb to the internet tales of woe though and virtually doubled my budget to a 987.2 3.4S PDK for piece of mind more than anything else - i'm a serial car changer and the thought of a "potential" IMS issue, scoring or anything else would nag at the back of my head. That was also a reason why i chose the Boxster over a 2001 911 3.6 Cab Tiptronic, even though it was a 911!

I'm still quite surprised actually how many Boxsters are in my area and they reaction it seems to generate whenever i go - i consider it a mid priced sports car, very nice but not what i would categorise as special (That to me is Bentley GT, Maserati GT, Audi R8, Mclaren etc) - its a real mix - on the road every hot hatch driver wants a race, but pedestrians, particularly kids, still seem to give it admiring looks, thumbs up etc.

Still don't get let out at junctions often, but i make a point of saying thank you and indicating to make a small dent in the assumption that all Porsche drivers are winkers :)

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I would agree with all your observations @Mattman42 !  Never used to get any comments in the Z4

The majority of Porker drivers are actually pretty handy at the art  however the Bentley GT, Maserati GT, Audi R8, Mclaren etc brigade seem to be usually ....... posers.............. 3 2 1 light blue touch paper!

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Definitely get a nicer vibe in the 987 than do in the BMW’s owned now & beforehand. Similar to when I had 3 Subaru Impreza’s over 6-8 years, they always got a thumbs up or a nod or a nice car mister. 

Not had an negativity about the car at all yet & it’s quite refreshing in this day & age. 

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Before I bought my first Boxster, all I really wanted was a nice 2 seat convertible. Had no affinity to Porsche at all. Current car was a BMW saloon. On looking at all the choice in the UK, it became obvious used Boxsters were very much more expensive than pretty well all others. So if a 20 year old car still has some value, rather than just banger money,  must be good.

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22 hours ago, Mattman42 said:

having relatively recently purchased my first Porsche i can only agree - i started off with the criteria of a 2 seater soft top, automatic with a premium badge for around £10-12k - when you get down to it, there really isn't much in this price range that has that "premium" feel - BMW z4, Audi TT, Mercedes SLK as the automatic criteria pushed a few out of the door before i started.

I did succumb to the internet tales of woe though and virtually doubled my budget to a 987.2 3.4S PDK for piece of mind more than anything else

 

can only echo @Mattman42 comments above. Was always in the Merc and BMW camps, but they didn't feel special enough when going for a 2 seater convertible. The reactions have been 99% positive , with the remaining I put down to arrogance or envy.

Is it the best value ? - I think so when depreciation is considered on a looked after example.

Personally the depreciation wasn't something i looked at when buying the Porsche. It was a "bucket list" emotional purchase for me and my wife, don't regret it for a single moment.

 

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1 hour ago, Mattman42 said:

On the plus side @Pinewood - the prices don't seem to have changed at all since we bought ours - maybe even increased slightly, which i'm putting down to the sunny weather

 

Same with mine. Dealer who supplied mine at Easter last year is selling similar cars for same price or higher right now.  This summer must be working wonders for anyone selling soft tops. 

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I traded in my 05 Tip to the same specialist  dealer I got it from. Two years after it's on sale for £1k less sticker price than when I bought it. But did need bodywork - one dent and several dings from living in London, and a full service, to bring it back to the same condition.

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I have had my Boxster S for five years. Bought it for 17k with only 12k on the clock, couldn't believe the price, what a bargain. In the five years of ownership I've put 23k on the car, touring Europe, track days etc; it has never missed a beat; it's a quality motor. I've had it lowered, remapped and had the chassis setup by chassis guru Centre of Gravity (they say the Boxster is the best Porsche Porsche make) and it is awesome. I'd never get rid of it.

My initial plan was to keep it for a few years and then buy 987.2 Spyder. Having test drove one it, was awesome but when I compared the trade in plus the price of the car I had to ask myself is the Spyder a 30k better car then my S. The answer was no and I haven't regretted the decision for one moment.

Paragon have a Boxster S 3.2 for sale at 17k with 70k on the clock and they'll probably get it as well.

One tip I would give anybody is, get a fast road setup and driving training and you'll be gob smacked what Boxster can do :).

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  • 2 weeks later...

I think the nearest smiles for money to this car is a Toyota MR2 -  Mk2 - Rev3 - T- Bar turbo that has not been meesed with. The interiors are a we bit bland but they can treck on, are less complex in the engine department and are mega reliable. 8K would get a very tidy import. Trouble is good ones are getting scarce. 

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2 hours ago, Graham Inkpen said:

I think the nearest smiles for money to this car is a Toyota MR2 -  Mk2 - Rev3 - T- Bar turbo that has not been meesed with. The interiors are a we bit bland but they can treck on, are less complex in the engine department and are mega reliable. 8K would get a very tidy import. Trouble is good ones are getting scarce. 

No good if you are 6ft or over though! Had one back in the day and once you get the speedo converted to stop it cutting at 112mph they are entertaining. I am 6ft3 though and could only drive it with the T roof off lol.

They are getting old now though and the A2A interwarmer was never a great design. For £8k I would take a decent 987 everytime.

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21 minutes ago, Bike Loon said:

No good if you are 6ft or over though! Had one back in the day and once you get the speedo converted to stop it cutting at 112mph they are entertaining. I am 6ft3 though and could only drive it with the T roof off lol.

They are getting old now though and the A2A interwarmer was never a great design. For £8k I would take a decent 987 everytime.

I am 6'-2 and I had a really mint black one and to be honest it was no worse than the Boxster for driving room. They are good for tuning without ruining the stock look. By the time the Rev3 hit the market they had sorted the handling out and it was surely the sweetspot of the range, I could really chuck that thing about.

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