Tempted by an 03' "S"

[K_Barton]

I have been tempted to move up to thr 03' "S" lately.:confused: Any one else experiencing this winter phenomenon?

The added HP, glass rear window, glove box etc.... had me seriously considering this until I visited the dealer. Offered $27,000.00 for my 01' SG/BK/BK. Original list was $49,727.00 17 months ago.:matchup:

I am still debating on the merits of moving up and I'm looking for a good lease on an 03' "S". I'll have to move the 01' by some other means.

I have been quoted a lease for $769.00 mth for 39 mths @ 10000 miles per year with a selling price of $53900.00, 57% residual value and a money factor of .00250. Payment seems high so I'll keep looking.

[CharlesGordon]

Boxster resale is really depressing, I'd never trade in my car on a new one at this point. What I would do, though, is trade it in on a similarly devalued used car, for example a 2000 911. I guess my first new Porsche will be my last new Porsche.

What I'm thinking--since I too really, really, like the '03 S, is that I should wait about 2 years, and buy an '03 when it has devalued. I'll bet the dealer will offer me, hmm, maybe $23K on my '01 2.7. That should ease the pain a bit.

It's just getting hard to financially justify a new Porsche these days if you already have one you need to trade in.

[William Harris]

Always like to look and have thought long and hard about a Boxster S. But, then the rational side intrudes and you must admit the added horsepower and options are marginal given the car we already have. I really can't justify a new car purchase. My 99 is almost paid for and the dealers won't give you anything for it (mid twenties). I agree with Charlie, the best way to go is to trade the used Boxster for a used Boxster S. I have seen several used 2000 Boxster S with an asking price of mid 30's. Now that's a more realistic trade and the value is certainly there. Just looking for the right car.