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Porsche Boxster and Boxster S

1175must1175must Posts: 3
edited January 19 in Porsche
I've been offered $2500 over invoice for a brand new 03 BMW M3 and $1000 over invoice for a brand new 03 Boxster S. I'm leaning toward the Boxster. Are these good offers?
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Comments

  • habitat1habitat1 Posts: 4,282
    I seriously considered both cars prior to opting for the cheap alternative of a Honda S2000 in November 2001.

    Of the deals you have been offered, I'd be tempted to go with the M3. Although it's less of a discount over invoice, I haven't heard of hardly any discounting on the M3, period. And they appear to be holding their value extremely well. The Boxster S, on the other hand, has been dropping considerably in resale value. I have seen 2001's with low milage, mint condition offered for sale in the high $30's here in the DC area. A friend looked at a 2002 with 5,600 miles for $41,900 ($60k+ sticker). And, frankly, while I think the Boxster S is an exceptional car, I didn't think it was worth $25k+ (new) over the S2000 in performance or amenities. Not to mention that my "fun" car needs to be low maintenance and high reliability. The M3 is more versitile and, although perhaps not quite the sharp edged handler of the smaller roadsters, has enormous power to spare.

    I think Porsche has been forced into discounting the Boxsters because of slack demand and overinflated MSRP's, especially with their "the steering wheel is optional" approach to options. I am not sure why a BMW dealer would need to discount the M3.

    Is the M3 deal for a new car ordered to your specifications, or one that is sitting on the showroom floor? If it's the former, I wouldn't mind that deal if you decide not to take it.
  • 1175must1175must Posts: 3
    Somebody ordered the M3 but backed out so its still sitting at the dealer. I'm not so sure about the SMG feature. I'm also considering TipS so that my better half can drive it once in a while. I can't compromise too much with a S2000 (by the way a great car!) when considering a non-manual driver. The flood of base Boxster inventory is pretty serious and as low as $48k for a brand new 03 so my thinking is that a new Boxster S with nice options (albeit eventually worthless)can be had at 1k-2k over invoice isn't too bad.
  • kevin111kevin111 Posts: 991
    With the great weather we have in California, I could see a Boxster S being sold for more used out here.

    - BTW, that is a great deal for a sports car!
  • SPYDER98SPYDER98 Posts: 239
    I would think most people in Cali would be lucky to get MSRP for anything these days..
  • 1175must1175must Posts: 3
    MSRP could be a thing of the past if the economy keeps slipping downward and in light of war. With gas prices reaching $4/gal here, people will drive less (especially gas-guzzling sports cars). Reasons I've not looked into used Boxster S are: glass rear window and minor mechanical improvements to the 03s. The dealer I'm speaking with is firm at $1150 over invoice and stated that "its the cheapest S he's ever sold." We'll see I guess.
  • habitat1habitat1 Posts: 4,282
    Not to repeat myself, but if you intend to keep a Boxster S for a long time and don't care about resale, a new 2003 at $1,150 over invoice might be a good deal. But, based upon my previous analysis on my purchase decision, the $55-60k Boxster S will depreciate $20k in the next 2 years. You can bank on that.

    There is a loaded 2002 911 C2 Cabriolet with 6,500 miles advertised in today's Washington Post for $73k (purportedly stickered for $90k+ new). I'm guessing the (private) owner would accept something in the high $60's, since they are also advertising a CLK430 convertible for sale. If you can afford an extra $10k, a near-new 911 convertible would be a better 2-3 year investment than a Boxster S, IMO.

    But again, if your heart is into a new Boxster S and you are going to keep it long enough where resale isn't an issue, cut the best deal you can.
  • tm255tm255 Posts: 7
    2500/1000 over invoice are great prices, based on what i've encountered in my shopping. where are these dealers? best i've come across (although i've primarily focused on used cars) is $1k off msrp on either the boxster S or the M3.

    the new boxster will take a depreciation hit, but for $1K over invoice it may not be too bad a way to go. you get the glass rear window, spec the car the way you want it, full warranty, and you KNOW the history of the car.

    the SMG is really unique but from what i can tell it is not suited for everyone. it does not operate exactly like a "regular" auto in auto mode, for example because it does not have a torque converter.
  • tm255tm255 Posts: 7
    this board would benefit from an email function. i'd really like to know where he is getting those prices.
  • MrShift@EdmundsMrShift@Edmunds Posts: 43,626
    Just click on his "blue" username and the e-mail address should come up. You'll have to find one of his posts though.
  • cubanaudicubanaudi Posts: 17
    they offered me a 2003 Boxster S DEMO (2950 miles) at $5000 off MSRP, before I even opened my mouth to start negotiating. But they really weren't budging from there. I still had a few months in my current lease, and I would have to roll 6 months of payments into this car. Lease payments would be too high. Residuals also were awful. 53% for 39 months. Pretty dismal for Miami.
  • MrShift@EdmundsMrShift@Edmunds Posts: 43,626
    Oh, you don't wanna be rollin' leases unless you are really, really good with the calculator. You can get lost so easily into a bad deal.
  • starrow68starrow68 Posts: 1,142
    From C&D article on One Lap 2003:

    "The elapsed time for the Civic's standing-start three-lap run — 7:02.570 — was more than a minute and a half slower than the time posted by the session's quickest (more on that in a minute), but it was nevertheless good enough to beat a pair of Porsche Boxsters, among others."

        This was a hybrid, didn't get any more info, just found it 'interesting' ;)
  • MrShift@EdmundsMrShift@Edmunds Posts: 43,626
    Yeah, well what do you want to drive around in, a Boxster or a hybrid Civic?

    I could build any car to beat any car. Gimme money, gimme talent.
  • speeds2muchspeeds2much Posts: 164
    Can you drop the top on a sunny day in the Civic? Does it feel balanced or transmit the road through the steering wheel? Gimme a break with the ';o)'...I don't own a Boxster S, but I sure as heck know I'd rather own it than any Civic.

    Besides, I'd like to verify this claim about the Hybrid. Hybrids per se tend to have tiny engines that compete for weight with the batteries.
  • starrow68starrow68 Posts: 1,142
    One comment about Porsche except for the SUV, that is:

    http://www.caranddriver.com/article.asp?section_id=4&article_- id=6665

    Enjoy, seems the Corvette did good.
  • highenderhighender Posts: 1,362
    I loved my red Boxster "S" , it had the looks and performance, could put the top down and could carry some items after shopping. I could not sell it by myself in the SF Chronicle, Diablo Dealer or craigslist. Asking $40K for 2000 with 9000 miles. Finally Camissa Motors took it on consignment and sold it in 3 days for full price(minus $2000 commision) Well worth it, but surprised that resale value was low. The hot cars are red or yellow 6spd manuals.
  • highenderhighender Posts: 1,362
    I sold the boxster because we are a family of 4 and could not all fit. If I were single no kids, I'd stay with Boxster. Now I prefer the M3 for the space , performance, value. But definitely try both before you pass judgment. A lot of people give opinions without really knowing anything about the subject.
  • chile96chile96 Posts: 330
    After thinking I was in the market for a late model Boxster, I drove away today in a new 2003 Boxster S! Having some 2nd guesses right now but those are alieved every time I sit in the car. What a beauty. I got $4500 off sticker($2500 above invoice per kbb) but probably could've negotiated a better deal but in the scheme of life - what's $1000? Right? Looking for some moral support here! Anyway, I'll be keeping this car for atleast 5 years!

    take care
    fo
  • MrShift@EdmundsMrShift@Edmunds Posts: 43,626
    Well, the S is a pricey car that's true but I think that unlike some cars that do not age so well with styling and wear and tear, the Boxster works well for people such as you who keep a car for a while.

    Also, since we generally have to live with the new cars we buy for a while, it's important not too compromise too much. My experience has always been that if you really love your car you forgive lots of things and enjoy the good parts, but if you are lukewarm you become very critical and annoyed when there are problems or when the cupholder is in the wrong place, etc.

    My favorite parts about a Boxster (aside from its competence on the road) are the styling, which I think is the best looking of all the two seaters at that price range or below, and the Porsche heritage and prestige. True, you can't "take that to the bank" but there are lots of juicy things in life that are not bankable IMO.
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