944 current valuations
- Thread starter cococola
- Start date
I think that the realisation that 944's do rust, and most have some somewhere, is a big contributing factor to market value.
Also, the market is swamped with older performance cars - Scoobies can be had for next to nothing and (on paper) seem a better buy than an old "Poor Mans Porsche" - have you seen how cheap second hand Jaguars are?
Also, the market is swamped with older performance cars - Scoobies can be had for next to nothing and (on paper) seem a better buy than an old "Poor Mans Porsche" - have you seen how cheap second hand Jaguars are?
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peanut
Active member
yes this has been happening steadily for years really but particularly this last 12 months .
I just bought my second S2 and probably paid far too much for it .I bet it has probably lost £1000 in 2 months .
More worrying though is the previous owner had filled the cills on a well maintained car so this does not bode well for the next 2-3 years. I reckon as much as half the current roadworthy cars will be broken in the next year .
I think this is partly due to there cheapness . Kids can buy a 944 for less than a couple of grand. Spend nothing on it ,thrash the nuts off it and sell it on ebay for £500-750 at the first sign of blown head gasket r failed MOT
I just bought my second S2 and probably paid far too much for it .I bet it has probably lost £1000 in 2 months .
More worrying though is the previous owner had filled the cills on a well maintained car so this does not bode well for the next 2-3 years. I reckon as much as half the current roadworthy cars will be broken in the next year .
I think this is partly due to there cheapness . Kids can buy a 944 for less than a couple of grand. Spend nothing on it ,thrash the nuts off it and sell it on ebay for £500-750 at the first sign of blown head gasket r failed MOT
Robert Edwards
New member
But we know, I think, that a good 944 has many advantages over it's on-paper, on-price rivals. The point is well-made that once prices hit a low then pikers buy them. wreck them and move them on, then they are only headed one way. But the survivors, Turbos, S2s and dropheads of both species will surely hold their price, simply because they are excellent cars.
A decent comparison is the Merc 190 Cosworth - suddenly the crap ones are gone (or nearly) and the remainders are starting to attract serious attention. Why? Because they are wonderful. It's surely no accident that the potential icons of the next 3-5 years are all four-pot four valve German cars. I include the Golf Mark 2 valver in the same category.
A decent comparison is the Merc 190 Cosworth - suddenly the crap ones are gone (or nearly) and the remainders are starting to attract serious attention. Why? Because they are wonderful. It's surely no accident that the potential icons of the next 3-5 years are all four-pot four valve German cars. I include the Golf Mark 2 valver in the same category.
Quite a few people stamped on my rose tinted specs during my 2 year ownership. I've been around these "just wait for the crap to get mashed then values will rise" before. I've really enjoyed my ownership & bought it for the specific purpose of driving to Meribel to go skiing (skis fit nicely in the boot with the back seats down). It was a fantastic trip. However, I understand the current slump in values & see little chance in an upturn. I think that 44s and 24s are seen as one & the same, & struggle to dismiss the vw engine associations. Even if someone understands the difference, why pay proper porsche money (and they are astonishingly expensive to maintain properly) to service what is "not a proper porsche"? Then with the rust issues, poor mpg, design not ageing that well, plenty available (unlike the 190 cosworth) you start to get a lowering of values.
However, believe me, I love them. They may well recover in value in 10 years, but I feel fuel will be bigger issue than classic cars by then.
However, believe me, I love them. They may well recover in value in 10 years, but I feel fuel will be bigger issue than classic cars by then.
Guest
New member
All classics go through peaks and troughs when it comes to values- you just need to look at the VW scene, where the values of beetles ( vans not so much) go up and down like a yo yo....although there does come a point where you have to accept that a car isnt going to be worth what you thought...
I think the point about kids buying these cars is completely flawed, the main reason being insurance, I bought my s2, 3 years ago and I was 29, the insurance companies took a dim view (30 seemed to be the accepted age), so I chanced an extreme excess and once I hit 30 moved my policy, my excess is still £750 (inc £250 voluntary), I sorned my car last winter and when it came to getting a new quote, most companies wouldn't offer cover until I was 35, so I've had to stay with the same company, the point of all this is that only in rare circumstances will the boy racer be able to afford the insurance.
Neil Haughey
New member
Exactly the same issue is why my Saab 9-5 is worth about 2K. Also the ppl that want these sorts of cars usually have enough disposable income to buy something much newer and flashier. This isn't helped by house prices being so high that the average well to do British car buyer has more wonga to spend on a motor then ever. How many on here if in the position to buy a Pork now having never owned one before would get an S2/turbo. I would probably get either a decent 993 carrera 2 or a boxster S since I would be spending somewhere between 15K and 30K. The idea of spending 5K on a car that may cost 1K a year on insurance and 2K a year on maintainence etc, is perverse to most ppl.
pauljmcnulty
Active member
You think these sort of kids have insurance?? [8|]
Neil Haughey
New member
That is a very scary thought. Imagine getting shunted from behind by a 944, you may feel that OK not that awful since it is a fellow Pork enthusiaist only to find the guy is a 20 yr old chav with no insurance, 12 points and currently serving a ban for "taking without the owners consent". What are the chances of getting your money back on that one in a reasonable length of time.
RC18B 911 turbo
New member
I'm only a youngster (turned 19 2 days ago) but I'm no boy racer but there again the amount I'm paying for insurance guarantees I won't anyway come to think of it also the fact that I'm not a chav probably has something else to do with it it too. Got 'n 'atchback innit does 120 in built up areas innit. So I must be the rare exception to young people being able to afford the insurance well I like to think so anyway.
Guest
New member
Hi.
Anyone able to provide me with a rough valuation/idea of what I should offer for this car http://www.pistonheads.com/sales/186567.htm . I am planning to go & see it over the weekend and, if as nice as the seller says, will probably put in an offer for it. Would really appreciate any help on putting a price on it as I don't want to get screwed!
I know it's white but I think the colour suits 944's...
Anyone able to provide me with a rough valuation/idea of what I should offer for this car http://www.pistonheads.com/sales/186567.htm . I am planning to go & see it over the weekend and, if as nice as the seller says, will probably put in an offer for it. Would really appreciate any help on putting a price on it as I don't want to get screwed!
I know it's white but I think the colour suits 944's...
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