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can a car be too cheap???????


ORIGINAL: djcla

i am not convinced prices will come back up in the spring , in the current financial climate car prices will keep tumbling IMO

I will put money on the fact that this 944 cab will be worth at least 30% more and will sell with ease in easter.

My hunch is that come easter, 944 S2 cabrio in reasonable nick will be able to fetch £5k

If not..

What will a 944 S2 be worth? and bellow that a 944 2.7 lux, and bellow that a 2.5 lux, and bellow that a 924S, and bellow that a pre 86 944 lux and bellow that a 924 lux.. then consider what because of those prices what every other car will be worth.

It would get to the point where every single mum on benefits in the UK will have a Porsche 924 sat outside their council flat because it gives the local chavs something to throw stones at rather than her front windows and it was cheaper than the cost of a sheet of plywood to board the windows up with.

But that isnt going to happen, because there will always be someone with a few quid, who see's a 924, who wanted one when he was young in the 80's, and thinks "its only a few hundred quid" and will buy it to tool around in... which will make the 84 944 lux worth more, the 86 944 worth more again, the S2 worth still more and the S2 cab worth more again... ONCE peoples bones have defrosted in the spring and they want a convertable car.

Not to mention, next year, because of the slump in new car sales since august, there will be potential buyers for 1 year old Porsches who will not be able to find a 1 year old Porsche, so they will buy a 2 year old one, and the buyers in the 2 year old market, will buy a 3 year old car and this effect will tumble down through the ages of Porsche, until you see the 944 prices bottom out or even lift a little.

Anyway, just my opinion... lets wait and see
 
Cars dont sell because theyre too dear, not because theyre too cheap. A car is worth what people will pay for it and no more: this is a hard economic fact seldom acknowledged by sentimental and over-valuing owners.....
 
ORIGINAL: 944 man

Cars dont sell because theyre too dear, not because theyre too cheap. A car is worth what people will pay for it and no more: this is a hard economic fact seldom acknowledged by sentimental and over-valuing owners.....

I agree, but with Jon as well...[&:]

If there are no buyers then it won't sell. Obviously. Usually you'd say drop the price, to the point where a buyer is found. In the present economy that isn't happening because people just aren't spending. I don't believe that there are dozens of buyers looking for an S2 cab, but are thinking "that one looks suspiciously cheap".

Of course there are some people who need a car, right now. They'll be playing safe, and buying a Mini, or a Focus, or all the other cheap and common cars. The guys who buy 944s, particularly cabs, tend to be looking for a weekend toy. (I know there are loads of daily-drivers out there, but I bet not many are cabs, and I bet with the huge choice of sports cars going for stupid money a lot of you would be tempted into something else if you were buying now?) The people like me, who had loads of equity and a bit of spare cash, so decided to fulfill a childhood dream and treat myself to a 944, are just not spending right now.

I think it's either wait, possibly a couple of years, for people to perceive that the economy has bottomed-out but that their job is safe, or take any low offer to be rid.

Jon has a good point about the hierachy of car values, but I'm worried about it another way. Far from the 924 becoming so cheap it's appealling again, and pushing the range up in value, I'd fear that they'll just be bought cheap and run into scrap. When a 944 has the potential to need cills, a clutch, fuel lines and four tyres, say, in a year, but only a value of £1000, it's not going to go up in value!

The good news is that the remaining, above average, cars will be rarer still post-recession. I'd guess that the values will be heading up again then. Don't forget, though, that there's a huge over-supply of cars bought in the boom of the last few years that will be competing. Ever wonder why there are so many 1984-1986 Porsches around? The same reason there are so many 2005-2007 Porsches.
 
Of course, I have the advantage (or disadvantage, depending on how you look at it) of having owned these cars in my twenties when they were a lot newer and I was enthusiastic. Now, in my thirties, I am cynical...
 
Colin.
Youve got a good few points in your favour.
Its a GOOD colour both inside + out.
It looks like its had good servicing over its life..
Its a "late" model, being a 91 plate.

Main downsides are VERY limited buyers. As im sure you well aware.. Not many buyers for anything......
I had my 968 cabrio on the market for around 14months , in that time i had ONE genuine person who actually wanted a 968 cab, the rest were just tyre kickers. The ONE genuine person actually bought it....
If i had the £4k ish that your after ide buy your car.. It looks a nice one...

A few questions,,,
Has it EVER had a new soft top fitted.???
What condition are the seat bolsters in.??
Has it EVER had a new clutch, i see youve replaced a few clutch related bits, but no mention of a clutch plate etc.??
And last but not least..
Has it had the cams checked / replaced , and the cam chain....??????

PS. Dont drop the price TOO low, as once dropped you cant then raise it again...
Yes a care can be TOO cheap...Lots of folk ask why so cheap...

I wish you well with your sale....
Looks like somebody will get a REAL bargain....
 
Hi

To answer your questions

A few questions,,,
Has it EVER had a new soft top fitted.??? Not to my knowledge
What condition are the seat bolsters in.?? Not bad ,some slight wear
Has it EVER had a new clutch, i see youve replaced a few clutch related bits, but no mention of a clutch plate etc.?? I don't know if it's had a new clutch but when it was in promax to have the clutch action sorted they checked it as far as the could and there was not problems.
And last but not least..
Has it had the cams checked / replaced , and the cam chain....?????? Again I don't know but I assume that when PCT did the belts , they would have checked and replaced if needed.

....
 
They probably wouldn't have replaced the chain unless you asked because it's not a trivial task as the cams have to come out. Nevertheless, even if one budgets for that it's still a bargain. If I had the room to keep it I'd have it like a shot.
 
I think thats a bit cheap for such a genuine car.Such a lot of car for the money. Pity you can't wait until spring.[&o]
 
I think the depressed price of Boxsters results in lower 944 Cab prices. Boxsters are cheap now, and most people with £5k to spend on a cabrio are likely to scrape another £2k together and buy a cheap Boxster, than a 944.
 
ORIGINAL: Alpine

I think the depressed price of Boxsters results in lower 944 Cab prices. Boxsters are cheap now, and most people with £5k to spend on a cabrio are likely to scrape another £2k together and buy a cheap Boxster, than a 944.

Good point. Whether a £7k Boxster is a better buy than a well-sorted S2 Cab is a whole new argument. [8|]
 
Far better, in my opinion; assuming that it is a good Boxster (and there are plenty of decent cars for sale at this price). I say that as someone who has owned some of the more desirable front engined four cylinder cars when they were a lot newer.
 
some interesting points on here, i think i will keep saving up for my first porsche in the hope i pick up a bargin next year. the boxter comment is a valid one they are comming down in price so 944 cab's will only dop while that happens IMO.
 

I think you have missed the point , The owner Colin of this 944 Cab if you read through the other posts may be willing to take as little as 3.5K for the 944 Cab unheard of ! This is the right time of year to pick up a bargain Porsche and I am gutted due to recent extravagance spending on my own 944 Turbo and Xmas round the corner , I don't have the cash to buy such fine 944 Cab . I believe the 944 S2 will reach a certain bottom price and then can only increase in value due to the car been ever more rare and sort after . Look at the MK2 Escort RS2000 now changing hands for over 10K . Each year there must be at least 3 to 4 944 S2 been involved in accidents and ending up total right off's , so potentially in 5 years time out of the 30 on the market today , maybe 10 of them will be at Douglas Valley been broken for parts and I'll be dammed if I will sell a lovely S2 Cab for less than 5K . I think if you like the 944 S2 Cab you will sink a load of money into to car with no regards to if one day you will ever get it back again .The more you spend on your 944 , can only increase the value of the car and if you advise your insurance company of all the restoration work you have carried out on the vehicle , or any parts fitted they will happily increase the insurance value of your much beloved 944 so should you be one of the unfortunate owners to be involved in an accident you can recoup a large amount of the spending cost back . I think at the end of the day you have to really like the look of your 944 and then once you drive them , it's hook line and sinker . I could not imagine a better feeling than to drive around the lake district in summer or have a drive to Nice in this lovely S2 Cab with the roof down , total stress relieve till your hair peace fly's off because you have put you foot down !
 
Here is a question for you guys and girls, I've had alot of low offers for my car, but I don't know about you even on a £4k car, I would want to view it before putting and offer in, or am I just strange?

I think alot of the offers I've had are just fishing and if I accepted one they would run a mile. What do you think?
 
ORIGINAL: colin smith

Here is a question for you guys and girls, I've had alot of low offers for my car, but I don't know about you even on a £4k car, I would want to view it before putting and offer in, or am I just strange?

I think alot of the offers I've had are just fishing and if I accepted one they would run a mile. What do you think?

Could be people looking to move it on for a profit or chavs that will ruin it before christmas.
 

Alright Colin , If the car is Hpi Clear and as per the description you have given , the mileage on your S2 Cab for it's year is not high and if you are willing to take as little as 3.5K for the car ! I just wish I had the cash ready because no one is going to get a better bargain 944 Cab this time of year . I owned a J reg S2 944 none cab and I loved it , they have great power and are great cars to drive . My S2 when I bought it had 120000 on the clock and the chain slides had not been replaced so if any one is worried about the 16V chain replacement , you still have a good 20K before that needs doing and if you average on a classic insurance policy 4K per year that gives you another 4 years before you even have to think about costly chain replacements ! If The car is Hpi clear and I had the cash readies I would buy the S2 from you Colin as I know a bargain when I see one , best of luck with the sale and I will keep trying to raise some cash !
 

You mention Chavs , check out the White 944 Turbo for sale on ebay , very similar to the description on your White 944 Turbo ! I do not think chavs tend to go for such cars as the 944 Cab's maybe pimp's ! But yes if you speculate or are willing to take a small gamble there is at least 1K to be had on this 944 Cab come Easter and summer next year.
 
ORIGINAL: J.C944TurboMan


You mention Chavs , check out the White 944 Turbo for sale on ebay , very similar to the description on your White 944 Turbo ! I do not think chavs tend to go for such cars as the 944 Cab's maybe pimp's !

[:D][:D][:D][:D][:D] I've seen the pictures of your car, I think the ebay turbo resembles that more.
 

If you think my car falls into the category of some what chav ! Then you need to get down to spec savers ! 2 for 1 offer ! People thankfully have freedom of choice and choose to slightly modify there cars , that there choice and I respect that , thou I may not like it , I do not stereo type people into categories such as chav's ! A true chav could not afford a 944 Porsche ! I am a hard working middle class person but do not look down on people thinking they are in some way inferior to me ! And for this reason people respect me . I knew from your first post that you must be a purist ! But to call people Chavs for changing there wheels on there 944 or fitting a lower lip spoiler is very sad indeed !
Let me know if there is anything you want me to change on the looks of my car to suit your taste !

1699B4CB836D4D4BB8FE8AADF8831BFE.jpg
 

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