Amelia Island 930 sells- from Autoweek
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Amelia Island 930 sells- from Autoweek
Interesting read- thought the price new seemed low. I have a window sticker prior to Fed tax at $72K.....must have been a weak dollar in 85. Cheers- Mike
MARKET: 1979 Porsche 930 Turbo Coupe
By DAVE KINNEY
RM Auctions
Amelia Island, Fla.
March 8
3299-cc, horizontally opposed, intercooled and turbocharged six-cylinder engine. Four-wheel disc brakes. Chiffon yellow with dark cocoa interior. Factory A/C, power windows and sunroof. Owned by Al Holbert, three-time winner of Le Mans and winner of five IMSA GT titles and 10 Can-Am races. Very good paint shows no obvious flaws. Blackout trim, including soft trim, remains nice. Looks mostly stock with few owner-added enhancements. Displayed dirty, with haze on inside of windows; footwells could use complete vacuuming.
Sold at $40,700
This was one of 36,011 Porsches sold in the United States in 1979, but just 566 were 930 Turbos. Top speed was 156 mph. The 930 would disappear from the U.S. market after 1979, and it took until 1986 for the model to come back out of hiding. With a cost of $42,520 and weighing in at 2746 pounds, it was the most expensive and second-heaviest car in the lineup.
Selling for remarkably near its list price when new, this Porsche has yet to prove itself a great performer in the dollar division. With only 18,000 miles and a famous owner, this car should have brought more in its very good condition. No doubt, it will prove two things to its new owner: It's a handful to drive, and it will increase in value in the coming years. It was very well bought if left incapable adult hands with judiciously added miles.
This article was last updated on: 04/30/08, 11:40 et
MARKET: 1979 Porsche 930 Turbo Coupe
By DAVE KINNEY
RM Auctions
Amelia Island, Fla.
March 8
3299-cc, horizontally opposed, intercooled and turbocharged six-cylinder engine. Four-wheel disc brakes. Chiffon yellow with dark cocoa interior. Factory A/C, power windows and sunroof. Owned by Al Holbert, three-time winner of Le Mans and winner of five IMSA GT titles and 10 Can-Am races. Very good paint shows no obvious flaws. Blackout trim, including soft trim, remains nice. Looks mostly stock with few owner-added enhancements. Displayed dirty, with haze on inside of windows; footwells could use complete vacuuming.
Sold at $40,700
This was one of 36,011 Porsches sold in the United States in 1979, but just 566 were 930 Turbos. Top speed was 156 mph. The 930 would disappear from the U.S. market after 1979, and it took until 1986 for the model to come back out of hiding. With a cost of $42,520 and weighing in at 2746 pounds, it was the most expensive and second-heaviest car in the lineup.
Selling for remarkably near its list price when new, this Porsche has yet to prove itself a great performer in the dollar division. With only 18,000 miles and a famous owner, this car should have brought more in its very good condition. No doubt, it will prove two things to its new owner: It's a handful to drive, and it will increase in value in the coming years. It was very well bought if left incapable adult hands with judiciously added miles.
This article was last updated on: 04/30/08, 11:40 et
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$42 seems right for MSRP in 1979. That was a lot of money back then. My 79 SC was only $19k new.
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A funny thing to note is the classification of the 930 as a "mini compact" .............sure thats what it is, now please let my car into the country.
Cheers, Mike
Cheers, Mike
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Thanks cool Mike thanks for sharing.
I'm confuzed (easy) - how do you have a Monroney for a MY'85? Wouldn't that be a grey market import? If so I'd not think it'd have a sticker like that. Any insight to edumucate me? That's great you have it though.
I noted the NADA book cites MSRP for my '87 @ ~ like $63k if I recall correctly, saw it @ tax assessor's office when I got it. Maybe yours was more due to federalization and then they just built it into MSRP or something?
Think about $60-70 large in the '80s. CARAZY amount of coin. Although if you were to extrapolate to today's dollars (ignoring the recent f'n currencey devaluation, grrrr), I suppose there is parity to today's 997tt's costing ~ $120k.
I also had seen that AW auction article on that '79 ^here^, I thought the price seemed fair. Pale yellow and chocolate won't appeal to the broadest market, not something you see everyday certainly. And the 18k miles we all know isn't always a good thing, esp. on a '70s car vs. a later '80s as, well, that's more likely to be getting old and dry by then.
-Paul
www.krasusky.photos.us.com
I'm confuzed (easy) - how do you have a Monroney for a MY'85? Wouldn't that be a grey market import? If so I'd not think it'd have a sticker like that. Any insight to edumucate me? That's great you have it though.
I noted the NADA book cites MSRP for my '87 @ ~ like $63k if I recall correctly, saw it @ tax assessor's office when I got it. Maybe yours was more due to federalization and then they just built it into MSRP or something?
Think about $60-70 large in the '80s. CARAZY amount of coin. Although if you were to extrapolate to today's dollars (ignoring the recent f'n currencey devaluation, grrrr), I suppose there is parity to today's 997tt's costing ~ $120k.
I also had seen that AW auction article on that '79 ^here^, I thought the price seemed fair. Pale yellow and chocolate won't appeal to the broadest market, not something you see everyday certainly. And the 18k miles we all know isn't always a good thing, esp. on a '70s car vs. a later '80s as, well, that's more likely to be getting old and dry by then.
-Paul
www.krasusky.photos.us.com
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#8
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I do remember my first real pay check in 83 was $129 a week take home pay and I was happy to get it. IIRC I was able to commute to work 26 miles round trip a day on $5-10 gas a week.
Boy have times changed.