Would you buy a High Mileage 981BS?
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    Would you buy a High Mileage 981BS?

    Hello everyone, first post so please be nice!

    I'm looking to buy my first Boxster - and my first Porsche of any description. I've found a high-spec 2012 981 Boxster S with full Porsche Service History, 3 previous owners - but with 70,000 miles. The last service (major) was at 62,000 miles, and it has had the brake rotors and pads replaced all round. I have had it independently inspected, which included a 10 mile test drive, and it drives well with no major faults other than the need for a new rear tyre. I've negotiated a price with the (independent) dealer of £27,000, but I hesitate to pull the trigger. My concern is that there is 7 years worth of miles on a 5 year old high-performance sports car. Being new to the brand, I have no experience of the long-term durability and reliability of this model, and fear that if I go ahead, I might be hit for large imminent expense on things like, for example the suspension - the car has PASM, and the cost of replacement dampers must be scary! I'm also concerned about long term value - even though I intend to do relatively few miles, I worry that if I sold it down the line at say 80-90,000 miles, the car would be 1. hard to sell and 2. worth an awful lot less than I paid for it due to the mileage. Clearly, buying any car is a gamble and I could obviously pay much more for another car with lower mileage to improve my odds, but I am in a quandry with this one wondering whether the relatively low purchase price that reflects its current high mileage makes it worth taking the chance. I'm tempted but at the moment heart says yes and head says no ...

    Any thoughts/opinions/advice much appreciated!
    Last edited by spook; 01-15-2017 at 04:35 AM.

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    Re: Would you buy a High Mileage 981BS?

    Just like you stated, buying any used car has its risks, but these have been relatively reliable cars from everything that I've read. It sounds like you've done your due diligence, so I wouldn't hesitate buying the car you like. It'll continue to take a depreciation hit, but nowhere near what what it would take if you purchased new. Best of luck!!
    2014 Cayman S
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    Re: Would you buy a High Mileage 981BS?

    Hi

    I wouldn't personally buy one with that many miles considering it's not a massive bargain, there are a lot of wear and tear items that go once you get over 50k miles that will basically add several thousand to that price in the next year or two.

    Why not pay 30 and get a base 981 boxster from a Porsche centre with 2 year warranty, I paid 31 for mine and it had 12 grands worth of options, the service is fantastic. The base boxster is plenty fast enough and sounds fantastic.

    Last month I had a problem with a brake sensor going haywire, they picked the car up and gave me a brand new 911 for the week while they fixed it. Service advisor told me it was 8 hours labour and parts so without a warranty it would have cost 2000 quid or so.

    Also you mention it's a 987 in your post, I'm assuming we're talking 981. If it's a 987 then it's definitely not worth it mate.

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    Re: Would you buy a High Mileage 981BS?

    Quote Originally Posted by Rufus121 View Post
    Also you mention it's a 987 in your post, I'm assuming we're talking 981. If it's a 987 then it's definitely not worth it mate.
    My bad, it is a 981, original post now corrected. Thanks Rufus.

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    Re: Would you buy a High Mileage 981BS?

    No way. I would look for a low mileage car. What you save upfront in purchase will be probably be made up and more on repairs down the road.
    sold: 2013 Boxster S, manual, GR.
    Waiting for 2018 911 C4S, MT, Night Blue with chalk interior and some goodies...

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    Re: Would you buy a High Mileage 981BS?

    I bough my first Porsche this time last year and was also concerned about maintenance. I opted for a two-owner CPO with warranty through the end of 2018. It only had 20k miles on it and has been flawless in the 5k I've put on, including several AXs and a track weekend. I absolutely love driving it (even to work) and see a Porsche in my garage until I can't drive any more.

    There's a member here putting 30k a year on his 981 - look for his thread about maintenance and reliability. Sounds like the one you're looking at was a company car? It's basically been daily driven by three previous owners. I'd be most curious about routine maintenance - have all the 10k / 1 year services been done on time by a qualified shop, etc. Pay for a PPI to get an honest assessment.

    Good luck with your search!
    2013 Boxster S

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    Re: Would you buy a High Mileage 981BS?

    Hi
    My first post also. Personally, I think that is rather too high mileage for a 2012 car unless you are getting some sort of decent warranty with it. I'm new to the brand also, but decided to buy from OPC with at least 2 years warranty for peace of mind. If you do purchase the car, I would ensure that you have some decent funds for backup due to the wear and tear items that will possibly need replacing in the not to distant future.
    Hope that helps and good luck whichever way you jump

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    Re: Would you buy a High Mileage 981BS?

    Is there a 2012 981S? Wasn't 2012 the last year for the 987?
    Stan
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    981 S in Platinum Silver, with all leather Agate/Pebble two tone interior, Premium, Bose, 6 speed manual, 20" Carrera S wheels, SportDesign steering wheel, and PASM, . 3/19/13 completion, 4/22/13 delivery.

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    Re: Would you buy a High Mileage 981BS?

    Quote Originally Posted by StanNH View Post
    Is there a 2012 981S? Wasn't 2012 the last year for the 987?
    First-year UK 981. You colonial gentlemen are always a year late in getting the good stuff

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    Re: Would you buy a High Mileage 981BS?

    So in the USA they do 1 year service intervals ?? It's 2 years in the UK.

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    Re: Would you buy a High Mileage 981BS?

    I've negotiated a price with the (independent) dealer of £27,000, but I hesitate to pull the trigger. My concern is that there is 7 years worth of miles on a 5 year old high-performance sports car. Being new to the brand, I have no experience of the long-term durability and reliability of this model,
    $32,400 would be just about what a high mileage 2013 981BS would sell for in the US, if it were in excellent condition. The fact that you have the maintenance records is a huge plus. If you like the car I'd buy it. The car has already depreciated about 60%, so the next couple years shouldn't finding the value falling too much lower. If this were a US car I'd try to get it for around $30K. Good luck.

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    Re: Would you buy a High Mileage 981BS?

    So what makes a Boxster high mileage?

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    Re: Would you buy a High Mileage 981BS?

    Quote Originally Posted by mrg02d View Post
    So what makes a Boxster high mileage?
    I 'd say 70k makes any vehicle high-mileage, but anyone looking at the service records could do a better job of assessing the consequences of high mileage on any given vehicle. In my view, the more things that have replaced already, the better. Porsche parts ain't getting no cheaper.


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    Re: Would you buy a High Mileage 981BS?

    Quote Originally Posted by mrg02d View Post
    So what makes a Boxster high mileage?
    Anthing over 5k a year. The cars are fragile. Meant to be polished and kept in the garage. Take lots of pictures.
    Seriously, in my area, at the local dealers, I rarely see high mileage 911s/ Caymans/Boxsters. Service advisor told me 5k per year is pretty typical for a Boxster when I complained I wasn't driving enough. Of course I am driving even less than that. Maybe warm weather cars see more miles.
    sold: 2013 Boxster S, manual, GR.
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    Re: Would you buy a High Mileage 981BS?

    Quote Originally Posted by spook View Post
    First-year UK 981. You colonial gentlemen are always a year late in getting the good stuff
    No - we have a different approach on when a vehicle is a year xy model.

    The 981 Boxster was announced in March 2012 at the Geneva Auto Show with sales starting early summer 2012 - which in the US means they were sold as 2013 models.
    In Europe if a car is sold in 2012 - most of the time it's considered a 2012.

    For example all US 718 Caymans are 2017 models even if they were sold in November 2016. A 718 Cayman that was sold in Europe in November 2016 would in most countries still be considered a 2016.
    2011 Cayman S, Meteor Grey, PDK, 19" Turbo wheels

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    Re: Would you buy a High Mileage 981BS?

    The one I'm looking at is Model Year 2013, albeit registered in the UK in 2012.

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    Re: Would you buy a High Mileage 981BS?

    I'm probably the wrong guy to ask about Porsche mileage. My last 3 purchases in the past 2 years have been...
    2014 Cayman S with 2400 miles (I should also mention I walked away from a great deal on a 2010 Cayman S with 900 miles and perfect options for this one)
    2015 Macan Turbo with 138 miles
    2015 911 Carrera S with 3038 miles.
    IMO, low mileage is a big deal. Find one you want, anywhere - not just locally - and negotiate it to where you know you are getting a steal of a deal...
    But thats just me, in my early 70s in retirement. I have the time and desire to continually shop for a killer deal. Continuously...
    Last edited by PCA1983; 01-15-2017 at 08:40 PM.

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    Re: Would you buy a High Mileage 981BS?

    The car has depreciated correctly..... but for a few grand more you can get one with 50k less miles. It's a silly decision..... also the next few years will see some crazy bills for suspensions and wear and tear items.

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    Re: Would you buy a High Mileage 981BS?

    OK then - bearing in mind the above, what would sort of price would any of you be willing to pay in all the circumstances (in GBP)?

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    Re: Would you buy a High Mileage 981BS?

    I wish I could help. But my guess is the US is a bit different than the UK. Here we have a lot of garage queens, because we have a lot of garages, except maybe in older parts of cities. In the UK, I'm guessing garage space is more precious, so most Boxsters there are daily drivers. Here, 1/3 are leased, altho I have never leased, and many leases allow only 5k miles (8 km) per year, which again is low. So I'm guessing typical mileage could be higher in the UK. Having said all that, the 981 Boxsters don't seem to have any serious issues. Yet. Water pumps were an issue in 986s and 987s, because they can break an engine when they fail to pump enough because of impeller vane wear and breakage, and they typically need replacing every 50k miles, but im not sure if the 981 water pumps have this same issue seen in earlier Boxsters/Caymans. Maybe we're not hearing much of this issue here in the US with the 981, yet, because our typical annual mileage is so low. I could ask my Certified Porsche Tech acquaintance on the 981 impeller design and material, if nobody can advise on this particular issue.

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