Gateway Sportscar: 2001 Porsche 986 Boxster S 34K Original Miles – Sold!
March 7th Update: we noticed this 2001 Porsche Boxster S we originally featured in early October is still available. In the latest listing the private seller has since lowered his original asking price of $13,900 to $11,000. As long as a pre-purchase inspection doesn’t find anything negative, this is a great price that factors out the cost of a new clutch and IMS bearing that really needs to be done on this vintage of car. We’ve updated the Craigslist link and other verbiage below. If you are serious about purchasing this pretty Boxster, you can start the conversation by texting the current owner Christopher at (732) 674-5757. Good luck with the purchase!
November 20th Update: While preparing for Topless Thursday, we noticed this 2001 Porsche Boxster we originally featured in early October is still available. The private seller has since lowered is asking price from $13,900 to $12,500. We’ve updated the Craigslist link and other verbiage below.
This gorgeous Forest Green over Black leather 2001 Porsche Boxster S with only 34K original miles was listed on Craigslist in Lincroft, New Jersey where the private seller is currently now asking $11,000 which is nearly three thousand less than his original asking price last fall of $13,900. Using the Hagerty Insurance Online Valuation Tool as a guide indicates the current caretaker now has his Boxster S priced $200 below the #3 “Good” estimate of $11,200, so based on the low mileage the seller is factoring out the estimated $2,000 cost needed to replace the Intermediate Shaft Bearing (“IMS”) bearing we will outline below.
The original 986 Porsche Boxster launched in the model year 1997 and remained in production through 2005 when the mildly updated 987 version arrived. In typical Porsche fashion, the company released a more potent “S” version in 1999. While the base version makes do with a 217 horsepower 2.7 liter flat-six, the “S” version kicks it up a notch with a 3.2-liter motor producing 250 horsepower. The bigger motor alleviated the single biggest criticism of the 986 base Boxster: not enough power. The “S” version also came with a six-speed manual version of the standard five-speed in the base model as well as a third center-mounted radiator and red-painted brake calipers.
The Guys With Rides crew is very fond of this generation of Boxster as the sound of the flat six at your back combined with the extremely well-balanced handling and the practicality of two decent-sized trunks make these the perfect weekend getaway car. Its no secret we love our ’98 and take it out every chance we get.
The private seller says their Boxster 2001 S is in solid shape with no accidents. He reports recent improvements to include new cv joints, tires, stainless steel brake lines, upgraded brake fluid, and that all work has been performed by Porsche specialists. Candidly we’re a bit surprised by the CV boot replacement and the need to replace a vibrating passenger side mirror for such low mileage. Those items combined with the brake line and fluid upgrades have us wondering whether this example has seen the track and/or autocross duty. While not a deal killer, you need to clarify that with the seller and maybe another reason he’s priced his Boxster more towards the “Good” than the “Excellent” level. The full leather interior appears to be in a like-new condition consistent with the low mileage.
Despite this is a great example of a first-generation 986 Boxster, we highly recommend the new caretaker immediately has the car’s Intermediate Shaft Bearing (“IMS”) and clutch replaced. While the early 2.5L powered Boxsters engine featured a double-row IMS with an extremely low failure rate, starting in 1999 Porsche switched the IMS bearing in both the 2.7 and 3.2 liter engines to a single-row unit designed to lower engine noise. Consequently, the IMS failure rate among 3.2L cars such as the example presented here increased significantly, particularly among low mileage, lightly-driven examples and/or those that follow the 15K mile oil change interval (5K mile intervals are highly recommended now in the aftermarket community). The car for sale here is a prime candidate for that potential failure and consequently the price for having the bearing replaced ($1,000 added to the cost of a clutch replacement as the labor is the negligible at that point) is already factored in by the seller. Although rare, since the failure occurs without warning, we caution anyone from driving this car until the bearing gets upgraded.
We also recommend a pre-purchase inspection by a Porsche-certified mechanic to ensure everything is in order. Once complete, you’ll have a beautiful Boxster for less than $15K than gains you entry into any Porsche event and that’s why we call this Boxster the Gateway Sportscar. Good luck with purchase!
We’d love to hear your thoughts about this vehicle. Comment below and let us know!