924 Value?

mr stephen rowan · Feb 17, 2015

Good evening

I am looking at a 1986 924S 100,000 miles one owner. All stamps, Mot's. No road tax or mot it expired 14 September 2015

Half leather, alloys. What should I be paying for this? The bodywork is in very good condition as is the interior.

What would I expect to pay for this? Buying it tomorrow.

por911t · Feb 17, 2015

£3000 / £3500 - just a hunch .

Best of luck tomorrow

Cheers

John H · Feb 17, 2015

Hard to be specific without a bit more detail. Sensible mileage, one owner and good history puts the value up. No tax of MOT brings it down. I'd say the window of price stretches from £3000 to £5000. If it's less than £3000 it's either a huge bargain or it is hiding issues. If it is more than £5000 it had better be very good indeed. Somewhere between the two is about the current going value. Prices of these are pretty stable at the moment, so your money should be pretty safe, and there is a chance that they will go up in value.

Whatever you pay for it, assume you will have to spend some money on it to get it up to standard. Brakes, tyres, shocks, servicing, belts, etc etc invariably need doing and soon mount up. If you need professional assistance I'd suggest Brian Miller in Edinburgh. He is an ex-Porsche tech from the era when the 924 was current and he knows them backwards. He has been invaluable sorting niggling issues with my one.

I have owned two 924's and a 924S, so if you want any more advice feel free to email me johnh@arthurlea.com

JH

loc944 · Feb 17, 2015

Body and interior colour could make a difference to value also.
Check when timing belt was last done, should be every 4 years. Also brake pipes around back axle as it's a transaxle out to replace. As is the clutch.
If you haven't already viewed it I hope it is what you're expecting tomorrow, good luck.

Alan.

John H · Feb 18, 2015

Update?

mr stephen rowan · Feb 19, 2015

Thank you for all the feedback the owner wanted a bit too much so I passed on it, back to the drawing board.

John H · Feb 19, 2015

ORIGINAL: mr stephen rowan

Thank you for all the feedback the owner wanted a bit too much so I passed on it, back to the drawing board.

Out of curiosity, how much was too much?

vitesse · Feb 20, 2015

Our SteinGrau 1986 924S with 102k miles with us as 2nd owner from 29k miles -normally only ever driven by my wife- drives like new -has a guaranteed value of £2500 with our insurer -Norton.
Looks like I should upgrade the value if prices are rising-for sure doubt whether a similar replacement could be bought for £2500.

My red trackday /everyday S bought off e-bay for £950 3.5 yrs ago,is 1 yr newer,body is just as good except it would benefit from 2 panels resprayed,only 96K miles has a value of £1250,only because I chose that figure bearing in mind what I paid for it-perhaps that should be increased as well.

Still consider they are a cracking car for everyday practical use -both will cruise all day at 90-100 mph the grey one in comfortable quietness.
Can't really understand the massive 944 forum section c/f the minimal 924 one-& particularly the deadly quiet when I post on the 994 section as though one is an outcast-when really the 924S is just a better ,lighter,faster,less prone to rust,944 in reality.[

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pauljmcnulty · Feb 20, 2015

when really the 924S is just a better ,lighter,faster,less prone to rust,944 in reality.

I say it all the time. A good one is a real bargain, even now they're a bit more than a couple of years ago!

vitesse · Feb 20, 2015

What more can I say--case proved MiLord.[

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mr stephen rowan · Feb 20, 2015

£3500

jockmog · Feb 20, 2015

IMHO in some ways, 924 owners are their own worst enemies in devaluing the product by continually looking at 924's as very much the poor relation. I am currently "negotiating" with Heritage aka Norton Insurance for a Agreed Value figure on a tidy 1983 924 Lux with less than 60k miles and a history to support it. Norton baulked at the value I originally asked for and insisted that I get a valuation. The valuation was carried out by a highly respected individual in the field of Porsche valuations and he came in with a value which was nearly £2k more than I had originally asked for! I await Norton's response with interest.
I accept that the 924 will never be a 911 but, in its day, a 356 Damen didn't exactly set the world on fire. However, I doubt that any of us would turn down a gift of one now!
I believe that good 924 values are being dragged up by the "halo effect" of the marque and slowly by the realisation that they are a very useable classic. We owners can do our bit by pushing up agreed values with insurers and promoting the model more positively.
My thoughts for what they are worth.

Robin · Feb 20, 2015

This interest on valuations and the 924 is interesting. I bought an alpine white 1983 924 with 95K miles, in September for £600 and have spent over a month working on it and about £700 for parts. (brakes, fuel pipes, filters, cam belt, steering rack bellows, front bumper & lights etc).
I had no problem insuring it with Footman James for £2000. It has been polished almost through the paint in some parts and probably needs a full respray and I need to replace the rear wheel bearings which are grumbling. I have driven it over 2000 miles since November and am enjoying the experience. I thought it might make a good winter daily driver to keep my other car dry in the garage, but after having driven the 924 so much I think it might get quite a few outings in 2015 the year of the 40th anniversary of the 924 launch, look out for it at the many club events this year, oh and it has an A924*** registration number as well.

kitchens · Feb 20, 2015

Used to own 2 Red 924's back in the mid 90's and one also had a A924 reg From what I can remember it was o-k but was always considered the poor mans Porsche even back then Perhaps I should have kept then along with the 2/944 1/928S4 1/911SC 1/911.3.2 Carrera 1/993 1/996 C4 1/986 550 Spyder 1/987 1/356 Rep Speedster this i should never have sold ... currently 944 Lux and Boxster Spyder... Great thing hindsight and a great big garage.[

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John H · Feb 21, 2015

Nice to see the poor old 924 getting some discussion. Keep the faith, it's time will come. [

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pse_SC · Feb 21, 2015

All 924 are sadly undervalued, even in comparison with the 944.
If you know the cars and look long and thoroughly enough, you can still find a great "˜S' for much less than £3500.
Find a good car and enjoy it while you can - they're worth searching for.[

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John H · Feb 21, 2015

ORIGINAL: pse_SC

All 924 are sadly undervalued, even in comparison with the 944.
If you know the cars and look long and thoroughly enough, you can still find a great "˜S' for much less than £3500.

Not so sure that's still true. I looked long and hard to find a good 924. Sure, there were lots of cheap ones, but they were not worth buying.

pse_SC · Feb 22, 2015

Not so sure that's still true. I looked long and hard to find a good 924. Sure, there were lots of cheap ones, but they were not worth buying.

Takes a bit longer now, but you can definitely still find the occasional different one.
It's not a case of "˜cheap', necessarily...[

] and the ones worth buying too (depending on the individual's opinion of worth to them).

geoff Ives · Feb 22, 2015

I have 2 924S's. The'S' is a special car`I sold a 911 to get mine and didn't regret it.

John H · Feb 24, 2015

Out of curiosity, just looked up 924s for sale on Autotrader. None, not a single one for sale, nationwide! I think that's the first time I've ever seen that.