Porsche Boxster for sale in Kowloon (Hong Kong)

Are you in the market to buy (or sell) a Porsche Boxster in Kowloon? Vehiclus analyzed the used auto market of all cities in Hong Kong to establish a pricing profile of various Porsche models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your Boxster (or to be certain to not be ripped off when purchasing a Porsche Boxster) it is highly recommended to learn most price-establishing factors.

Supply and Demand of Porsche Boxster on the local vehicle market

Kowloon is a metropolitan area with currently 2019533 inhabitants. Nevertheless, there are not many Porsche Boxster on the market. Hence, the supply is small and the demand depends on a multitude of factors for example season, mileage, and used car pricing.

Price Devaluation Curve of the Boxster in Kowloon

As described in the figure below, cars of the car manufacturer Porsche and specially of the model Boxster depreciate in a very average fashion. The mean asking price of the Boxster will be decreased by 14% ($55,737) after only 1 year. After three years, the car usually costs only 61% of its initial asking price ($41,666) while it will only be valued at 31% of the original price after 7 years ($18,098). The Boxster's value after twelve years is only 11% of its original price depending on its condition of course.

Depreciation according to mileage

Another way to describe car depreciation is to study the decrease of value vs kilometers driven. The Porsche Boxster depreciation curve below shows this phenomenon for Kowloon. The Boxster looses most of its value (approximately 45%) within the first 30k kilometers of its mileage. The typical price for a Boxster at that mileage is approximately $35,446. After that the depreciation slows down: at 90,000km the Porsche Boxster is priced for $22,030 in Kowloon and for $10,244 at 180,000km .

Porsche Boxster price depending on condition (fair, good, excellent)

The last factor that heavily impacts the sell price of a used car is the technical and optical condition of the vehicle. The table below describes the deflation of a Porsche Boxster according to its year and its condition.

Vehicle Year	Porsche Boxster Condition
	fair	good	excellent
2017	$28,987	$46,962	$64,936
2016	$25,491	$41,298	$57,105
2015	$22,243	$36,036	$49,829
2014	$19,243	$31,176	$43,109
2013	$16,491	$26,717	$36,944
2012	$13,987	$22,661	$31,334
2011	$11,731	$19,005	$26,280
2010	$9,723	$15,752	$21,781
2009	$7,962	$12,900	$17,838
2008	$6,450	$10,450	$14,450
2007	$5,186	$8,401	$11,617
2006	$4,169	$6,755	$9,340
2005	$3,400	$5,509	$7,618
2004	$2,880	$4,666	$6,452
2003	$2,607	$4,224	$5,841
2002	$2,582	$4,184	$5,786