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1991 Turbo, 25,000 Miles: £20,000 - Discuss
- Thread starter 944 man
- Start date
Nobody wanted 964s a couple of years ago and, they were all selling for 4 figure sums if at all, and now they are in the mid 30s for a decent C2.
MikeTeesside
New member
He doesn't overcharge or anything, they're just always top top top end.
He does have some stunners but some of the things he's sold have left another car forum I visit scratching their heads and wanting whatever he's smoking.
We had a look around their warehouse just to see some of the interesting cars and that 944 in absolutely mint condition, looks factory fresh and is completely original. (I wouldn't pay £20k though)
Josh
ChasR
New member
Call it overpriced for whatever you will, but it shows they are selling for more than they possibly did. On another forum, a chap was criticised for selling his S2 for £7k. People were telling him that £3.5k was closer to the mark. In the end he sold it for somewhere in between the two figures, with the buyer saying it was one of the best cars she saw for the money, especially when compared to others.
Saying that, if you are talking about overpriced (not that I like to down talk our cars), I reckon this one comes close. Sure, it looks very clean with a lovely interior and it has had care taken of it (the engine bay was one of the cleanest I have seen), with it shod on Eagle F1 GSD3s, but a slightly odd bubble in the wing (at the front; I reckon it was filler), general touching up around the car, and other issues for the money (belts were due to be changed as well)? It has been for sale a while mind you.
http://www.townsendvehiclesales.co.uk/used-cars/porsche-944-s2-fh-2dr-22-rugby-201306287530204
pauljmcnulty
Active member
Every single one of them sold for more than that at one point, so they're all cheap now!
Good point!
It's interesting that the car's has had £10K spent on it in the last 5 years. Caliper overhaul, wheel refurb, it's all things you'd have to do to a 944 with five times the mileage. What a waste of a car: the owner could have driven it thousands of miles a year instead of hundreds, and probably ended up spending less overall!
I don't think £20K is impossible for a 944, and if you're in the market for something so rare it's not going to be an issue to go £5K or more either way for the right car. My personal view is that it's mad to spend any money on a car that can only be stuck in a garage though: I'd be doubling the mileage (and halving the value) in the first few years. []
What it shows is that a really good 944 is worth a five-figure sum. That puts the restoration costs in to perspective a bit more than in the last few years, which is a very good thing. We need to get to the point where throwing £10K at restoring a £5K 944 isn't considered madness, and the people buying the really good ones for under £10K now should be rubbing their hands in glee! []
Kongsodoken
Active member
ORIGINAL: pauljmcnulty
We need to get to the point where throwing £10K at restoring a £5K 944 isn't considered madness,
Can you tell my wife that...[]
that is a yearly budget I hope[]
Ewan
New member
But the really good news is that prices are only going one way. The cars are getting rarer, and many of the youth of that era are grown up and wealthy now.Just look at the price rises of the classic 80's cars in recent years. This is the era of car to invest in if you have a limited budget to play with.
http://www.paul-stephens.com/Porsche-944-Turbo-SOLD/car5742
MRGT
New member
ORIGINAL: pauljmcnulty
and the people buying the really good ones for under £10K now should be rubbing their hands in glee! []
Having just bought what appears to be a good one for significantly under 10k, I am more than happy for everyone to talk up the prices, even though I have no intention of selling anytime soon []
ChasR
New member
ORIGINAL: 944Scott
That coolant tank is very discoloured for a car that has only done 24000 miles.
It is said that the earlier tanks discoloured very quickly. I recall Simon talking of how he once bought a header tank many moons ago and it discoloured to the same colour as his previous tank in as little as 6 months! I guess the modern items are made from a more stable plastic which does not discolour as easily.
So there are more 944s which are selling for around the £20k mark? That is good news.
MarkK
Active member
The 944/968 series cars are climbing in value, e.g good regular late turbos with lowish miles are 12-13k all day long if they are great condition and service histories up the ying yang so a super low miles one at 18-20k may not sell quickly,but it will achieve that price if it is the right car for someone in that market.You only need one guy to buy a car.
If a car is stored correctly a low miles car is nothing to be feared,dry heated garage and serviced and started and brought up to temperature etc.
My 944 cars are not everyday cars and lowish mileswise and they start on the button and do 500 mile roundtrip.
I disagree with the low miles cars seize up and implode perspective.
Neil Haughey
New member
andrew_churcher
New member
ORIGINAL: MarkK
I sold my Turbo S road legal race car for around that kind of figure in 2011..sold in a week and no haggling there,the guy that bought it has had a full rebuild on the engine and spent time and money on the underneath making that pretty aswell.People will spend money on these cars..!
The 944/968 series cars are climbing in value, e.g good regular late turbos with lowish miles are 12-13k all day long if they are great condition and service histories up the ying yang so a super low miles one at 18-20k may not sell quickly,but it will achieve that price if it is the right car for someone in that market.You only need one guy to buy a car.
If a car is stored correctly a low miles car is nothing to be feared,dry heated garage and serviced and started and brought up to temperature etc.
My 944 cars are not everyday cars and lowish mileswise and they start on the button and do 500 mile roundtrip.
I disagree with the low miles cars seize up and implode perspective.
I wish I had the £20k at the time to buy your ex maritime 944T. That was a lovely car.
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