oldskuracer said:
Thanks for the comments!
Wow! $10-15k? Have you guys seen any Boxsters go to $10k that haven't been through a fire or collisions? I would run out and buy a Boxser for $10k in good condition; even for $13k! (<-- Notice I said "in good condition")
www.edmunds.com puts the value of this car at 16,500 for good condition. The only thing is, edmunds is always high. The reason its always high is that it is only updated quarterly from data that is already a quarter old. So by the time you see it, it's six months out of date.
And convertibles do lose value in the winter, just because there are fewer people looking to buy.
I don't see many
asking prices for good condition boxsters for less than $15,000, but the asking doesn't tell you much.
Right now there are six 1997 boxsters for sale in the bay area listed on craigslist, for between $17,000 and 21,000. All of them have lower milage than yours. Four of them have been for sale for more than three weeks. If they have been for sale that long, then people aren't paying the asking price.
The $17,000 one has been for sale for three weeks and started out at $19,000. My money says he will just repost his ad next week.
There are four 1998 boxsters on craigslist from $14,600 to $24,000. I have driven the $14,600. He's been advertising that sucker for a while now too, and it hasn't moved, and it ain't gonna move until he drops it much, much further.
Maybe you'll have better luck. But the market for performance cars is soft at the moment.