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944 values..all models

Well if my car is worth 2k or 20k it is not going anywhere, i have it and will keep it because i love it bits, i have banged on about how underestimated they are and i have also said once or twice that the values are going to rise which is brilliant, do not for one second belly ache about the mention of prices it is a good thing is it not ?
The only downside as already mentioned is that ordinary Joe's (That's most of us ) who aspire to a 944 will miss out on owning one !
Mike Moore has probably one of the best 964 Anniversaries in the country and has been offered a silly amount of money for it and it is insured for 6 figures it is not for sale neither is his vey nice 944 Turbo, why because it's not about the money !!

Nice to know they are worth a few quid though [:D]
 
Well, my car has got 167k on the clock and I've just submitted my forms and photos to the club today for my insurance valuation. I've factored in the costs of buying another and getting it to the same standard and spec and put the reasoning and a figure in the comments section of the form. We'll see what the club say when it comes back!
 
This has created an interesting conundrum for me. I will be quite open about this, if the market for older Porsches wasn't so buoyant I probably would have sold my race car by now. I am (was) a first time buyer and thus utilised help to buy to get our house which was great but it means I am supposed to be saving roughly £10K PA to pay back the governments equity before it starts building interest (first 5 years interest free). I accepted that I will likely need to take a sabbatical from racing for a few years and even went to the lengths of buying another car as a road usable DD and part time track day car in place of the S2 (Megane R26 to wind some of you up even more!!). However its now looking more sensible to keep the S2 even if it just spends all but maybe 2 or 3 days a year sat in my garage. What is for certain is that if I sold the thing tomorrow that money sat in the bank for the next few years even in the best ISA is doing the square root of you know what compared to the inflation in classic car values.
 
It seems OPC Bristol have a 944 turbo in their showroom. If its as good as it should be to be there then I don't think its that OTT, price wise, in the current market.



1989 944 Turbo (factory Turbo S Spec.) (correct apparently)

Guards red, Black interior with Sports seats with Porsche logo, M030 Option, 10 speaker Hi-°©-
Fi Option, Lightweight Porsche 944CS Alloys with continental Sport Contact N1 Tyres.
Registered 21 April 1989. F832 LTA
Optional Equipment:
030 Sport Group Koni Adjustable 220 Locking Diff 40% LSD
288 Headlamp Wash 593 ABS
383 Sport Seat 573 Air Conditioning
490 Hi-°©-Fi Sound (10 Speaker) 650 Removable Sunroof
A rare and collectable, low mileage 944 Turbo, fitted with the later, more powerful and
desirable 250 bhp engine, this car has also received a full overhaul that includes a JMG front
engine rebuild followed by a JMG Stage 2 Chipset and Wastegate Upgrade, improving
torque, performance and economy. A Fabspeed Stainless Steel exhaust has also been fitted.




 
It is not M758 option so not a Turbo S it also has a sunroof only the yank Turbo S cars were fitted with a sunroof is specced by the buyer, it is an 89 Turbo with MO30 option which a lot of 89 cars seem to have, looks nice !
 
MartinRS2K said:
Factory Turbo S Spec? [8|]

Surely that should read 'Partial Turbo S Spec' :rolleyes:


Not Turbo S at all. Unfortunately it has become common for people to incorrectly ascribe the S name to any 250PS car now, and an OPC adding to this will only reinforce it.

A fool at PCGB called the 1989> 250PS model a 'Turbo SE' in a retrospective range overview leaflet a couple of years ago too!
 
Tell me about it, the amount of people claiming they have a Turbo S.......................No !
Made in 1988, M758 option is a Turbo S lightweight screen etc. No better than a standard Turbo really when it comes down to brass tacks, they also have modified impeller blades on the Turbo.
But they are different in subtle ways.
 
Neil Haughey said:
This has created an interesting conundrum for me. I will be quite open about this, if the market for older Porsches wasn't so buoyant I probably would have sold my race car by now. I am (was) a first time buyer and thus utilised help to buy to get our house which was great but it means I am supposed to be saving roughly £10K PA to pay back the governments equity before it starts building interest (first 5 years interest free). I accepted that I will likely need to take a sabbatical from racing for a few years and even went to the lengths of buying another car as a road usable DD and part time track day car in place of the S2 (Megane R26 to wind some of you up even more!!). However its now looking more sensible to keep the S2 even if it just spends all but maybe 2 or 3 days a year sat in my garage. What is for certain is that if I sold the thing tomorrow that money sat in the bank for the next few years even in the best ISA is doing the square root of you know what compared to the inflation in classic car values.
I ain't no financial advisor and I'd hate to see you sell your S2, but have a look at Fundsmith. Terry Smith is a (very) smart guy and he's done me quite tidily in the last 3 years. You need a horizon of 3-4 years at a minimum but I have invested with him and would happily put more in if I could.


Oli.
 
Thanks Oli that is a good tip for me to look into. TBH I just can't decide at the moment which car I prefer to keep as an overall package. The Megane R26 is an incredible road car for what it is, fully useable and surprisingly it rides better than our 968 did despite running 18" wheels. The quality though of everything other than the mechanicals/chassis/suspension is atrocious, even the Recaro seats wear badly compared to Porsche Recaros. My race car though was a real joy to drive last year after finally nailing all the setup niggles but even if I made it road legal again it would hardly get used which seems a waste really, I guess all I am doing at the moment is staving off of a decision until I have made my mind up. Both cars interestingly are either sticking in value or going up slightly, the Megane despite being a 2007 car is going up in value.
 
hotblack944 said:
I found Hagerty's online classic car valuation tool today:

http://apps.hagerty.com/ukvaluation/index.html?showBacklink=1

Thought it might interest you lot :)

Jim



thanks Jim
As you might expect they value un-modified cars significantly higher than modified ones!

Ive tried (not very hard) to keep my car sort of standard, but no-one can convince me that a car with KWV3 fitted is worth less than one with the original suspension!
Ceramic coating the headers to stop corrosion has to be an advantage or is rust worth more than my £1000 worth of ceramic [8|]
has my new and very expensive interior devalued the car? [:(]
if I buy a singer 911 is that then worth less than an original untouched car

Im interested to see how others see modifications good, bad or is it to do with the quality of the mod?

 
Personally I see little difference in value between standard and modified, in fact I would go so far as to say a well modified car is worth more...but, we need to accept that a modified car will attract a different type of buyer, more an enthusiast who knows cars than a true collector. The classic car valuers will always look towards standard cars for the maximum value as shown in the descriptions in the posted link, although having said that this doesn't seem to be the case across the pond, modified cars are held with a much higher esteem. Now the top values are really aimed at a car that belongs in a museum and unlikely to be driven or if it is it's only on rare occasions, this doesn't appeal to me at all, cars should be driven, performance cars should be driven hard. A well maintain daily driver will always drive better than a car that rarely moves. I also noted that for concours cars they value the older car more than the later models, including the turbo S, this doesn't surprise me as it seems to fit the formula that classic valuers seem to use.

Pete
 
Kongsodoken said:
thanks Jim
As you might expect they value un-modified cars significantly higher than modified ones!

Ive tried (not very hard) to keep my car sort of standard, but no-one can convince me that a car with KWV3 fitted is worth less than one with the original suspension!
Ceramic coating the headers to stop corrosion has to be an advantage or is rust worth more than my £1000 worth of ceramic [8|]
has my new and very expensive interior devalued the car? [:(]
if I buy a singer 911 is that then worth less than an original untouched car

Im interested to see how others see modifications good, bad or is it to do with the quality of the mod?


This has changed over the last few years, as the market for people buying good 944 turbos has changed. As soon as collecting them as an asset became attractive, originality became important again.

IMO, there are only the very few cars that a collector might invest in, though. They're all low-mileage, low-ownwers, un-molested examples, and there aren't many of those cars around.

Rightly or wrongly, you would de-value that sort of car by fitting the "wrong" suspension. Pete's comments about cars being used, not in a museum, echo my thoughts, but I'm not in the market to buy multiple cars and not use them so fair play to those who are.

Outside of those collector's cars in their own little bubble, the most valued and appreciated turbos are the ones that have been carefully restored and modified (or, as I'd put it, "improved"). They will be more desireable than a standard turbo to anyone who actually wants to use it. Don't worry, Ken, you haven't de-valued your car and ruined it! [;)]
 
your right the USA does seem to value modified cars more than the UK,
I've always hated the "modified" label reminds me of fast and furious and glowing neons[;)]

So now I'm the proud owner of a "improved 944 Turbo".........well happy[:)]
 

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