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Thanks for the replyExpensive technology and reduced orders. Originally it was planned to have several thousand Boxers in NATO service. The Boxer is the result of a military procurement programme of four countries (France, UK, Netherlands, Germany). The French government decided to drop out of the programme, after the French prototype (made by the state owned GIAT) lost in the trials to the Boxer (which is a co-development of Germany and the Netherlands). The UK later decided also to drop out because they decided to copy the American idea of a Future Combat System with their FRES (Future Rapid Effect System) programme. In the FRES programme they still considered the Boxer as one of the possible wheeled ground vehicles, but later decided to favour the Piranha V, just to decide a few months later that the Piranha V is not meeting their requirements (and since then there hasn't been any attempts to procure a new wheeled plattform).
This resulted in the Germans and Dutch having to pay most of the development and procurement costs by themselves, even though it was planned originally that all four countries would pay them. But the most important factor is the downsizing of the contracts. It was planned that the initial order (after France dropped out) would be a minium of 600 vehicles (instead of 472) and possible be above 800. The total required amount of Boxers was believed to be more than 1,000 vehicles per country - iirc. the UK was estimated to need 1,500 6 x 6 Boxers and some 600 8 x 8 Boxers (but the 6 x 6 version was canceled after the UK dropped out of the programme).
Follow-on orders for the Boxer from Germany and the Netherlands were/are very unlikely, so the whole development cost for a programmed planned to create more than 4,000 vehicles were distributed on just 472 vehicles, But apparently Saudi-Arabia and Qatar have shown interest in the Boxer. It has been claimed in various newspapers that the Saudi-Arabian order alone would be 800 to 1,000 newly built Boxers. But the German export laws have slowed down (and possibly even prevented) this sale.
So these are the possible reason for such an expensive cost.
Boxer is Good but how Good is Lazar 2 when compared with Boxer?