Porsche Boxster Or Scion FR-S
Today, I was filming an episode of our upcoming, nearly daily, vlog called My Depreciated Porsche (more on that next week). In it we spotted a Scion FR-S and this brought up some conversation about if it is better to drive a new Scion FR-S / Subaru BRZ or an inexpensive Porsche Boxster.
If you look at the two cars they are very similar in many ways, at least on paper. The early 986 Boxster has about the same horsepower, weighs about the same and launches from 0-60 mph in about the same time. Both the FR-S and Boxster are good handling fun to drive cars.
Click past the jump (or scroll down if you came directly to the full article) to find out more about the 986 Boxster versus Scion FR-S / Subaru BRZ.
From a cost stand point the up front cost of a 1997-1999 Porsche Boxster is about $10,000 for a well maintained car. A new Scion FR-S starts at $24,900. So, for about $14,900 less you could be driving a Porsche.
After reading that last sentence many of you are probably thinking that is it, case closed. However, there are some more costs that you may need to think of before buying the German roadster. With an early Boxster you are purchasing a used car. If you’ve done your homework you’ll get one that is in good condition (making sure to do a pre-purchase inspection), but even at that there is likely 50,000+ miles of wear on the car.
Because it is a used car then there is no warranty, so you have to be prepared to make any needed repairs. The cost for parts and labor for a Boxster will be quite a bit more than for an FR-S (just stating the obvious here).
If you purchase the Scion then you get a warranty and you won’t have to worry about major repairs for years. You also know that the car has never been abused. Of course that is why you paid more money up front.
This argument simply comes down to new versus old. With the older car you may need to do more maintenance sooner versus a newer car. However, with an older car you may be able to pay less money when all is said and done (depending on the needs of the car and the initial price).
If you decide for an early Boxster and if you have the cash for the FR-S, then it is wise to put away the rest of the money for future maintenance (including the all important IMS bearing retrofit that should be done if it hasn’t already). Even if you are going to finance the car, if you purchase the Porsche we recommend putting the remaining payment in savings just incase. Depending on your credit the payment for the Boxster would be around $200 a month, while an FR-S would probably be around $500 per month. If this was the case then figure on putting $300 in savings each month to cover any repairs.
All in all financially it very well may be more or less a wash. Which one you choose really depends on if you want a mid-engined roadster or a drift happy coupe. Where the Porsche is a precision tool the Scion is a bit of a laugh.
Both cars are very good in their way and while similar in some ways they are also very different. Which would you prefer the older Porsche Boxster or a brand new Scion FR-S?