dnmnm

Guys,

I'm looking for a low mileage '89, but came across an opportunity for a stock '86 (silver over black) with 13,000 original miles. Assuming a clean accident record and PPI, what is a reasonable price to pay for a car like this in exceptional condition? How much of a premium would the '89 command in similar condition? Thanks!

Dave 86 930 Fl

As a price point, I purchased my 1986 with 18k miles back in late 2001 for ~36k. I would think anything in that ballpark would be reasonable.

Regards, Dave

bogey1

have them really look over the seals, belts etc.. on that car. Thats really low mileage which is not always a good thing. I speak from experience unfortunately. I bought an 84 Turbo a few years back with 15,000 miles. It was great until I started to drive it. It then sprunk leaks all over the place once it had pressure in the engine. Many thousands later it was all good, but I way overpaid when I factored in the repairs. Just my two cents.

dnmnm

Thanks for the input...good data points.

Dave - that Prussion Blue is a great color!

MUSSBERGER

Just to reinforce what Bogey said. It can be a real score to find a museum piece but if it hasn't been regularly exercised and serviced at the proper intervals it can be a long expensive journey back to the point of a reliable driver. My 930 had 66k on it when I bought it and the service invoices would take your breath away. What sold me on the car was the fact that it had been serviced by someone I trust from the time that the PO first purchased it.

RobT 394

Excellence recently updated the Turbo values. While it is not a bible, it is typically reasonably accurate and will give you a guideline. Add 10% to excellent condition for a low mileage car. Of course considering the issues others have posted re leaks.

dnmnm

Ok, thanks. Now that you mention it, I think I remember that issue - not sure if I kept it though...

Left Coast

Hi dnmnm & guys- here's the link to the Excellence page with 930 prices and if I may an observation or two. I previously owned two 911s and have been actively lurking & searching RL, PP and other sources for about 7 months for a 930 (or 996 GT3 but more on that) that shows well but I want to drive it. Not into concours nor do I have any illusions of racing it (did that with motorcycles for 20 years, cars just add another decimal place and go up from there).
I've personally seen & driven several 930s (no '89s) that were advertised as well kept, excellent condition, needs nothing, etc. with miles ranging from mid 40s to high 70s. Prices were mid $30s to mid $40s. Unfortunately (or not depending on your POV) they were modified in some way but most had stock engines. I passed on the under 30k mile cars because as Mussberger points out they're going to leak- anything rubber will need to be replaced and that's a very long list.
My challenge, and it may not be yours, is that at some point the car's going to need an engine-out overhaul along with the tranny. Budgets for that, without mods, are typically $10-15k so now my high $30s car is suddenly a low-mid $50s one. That's 996 GT2/3 range and for someone who doesn't have, nor wants a lot of cars in the garage, it becomes problematic because they're great cars to drive.
So why not look at 964T you might say? Well i started to and the same set of "rules" apply regarding maintenance. So now those low $40s cars can quickly become mid-high $50s! I guess it's that whole depreciating asset thing, eh?
So for me, the ideal 930 would be as stock as possible, between 30-60k miles, has records, I can drive it 3-4 days a week, and can be had for mid-high $20s because sure enough I'm going to have to rebuild it. Is it realistic, who knows? Of course, saying this out loud will probably **** a lot of people off but look at what's SELLING not what's being asked. BTW, this same discussion is taking place on the 996 GT2/3 forum.

http://www.excellence-mag.com/resour...uide/186787951

dnmnm

Thanks...very helpful. Although I started out innocently with a '95 C4 as a fun daily driver, my interest has grown into a desire to build a nice collection of low mileage factory-original Porsches, mainly for weekend drives and to participate (for fun/comraderie) in local car events. For me, low mileage equates to a clean undercarriage, etc., which in the case of the 930 is even more challenging as it has no wheelwell liners. Any car that sits undriven for long periods will suffer from oils leaks, so your data point on the engine-out is that much more relevant to me. I've only recently started looking. Truespeed has a nice example in their showroom, but they are asking close to $60k, and I swore i wouldn't buy another black car because they are so hard to keep clean. There is another 13k-mile example (silver/black) that has been quoted to me at approx. $53k. While I intend to be a long-term owner, and therefore am less concerned about depreciation, I am also not interested in paying more than a fair/reasonable market price. I was actually surprised at the values in Excellence - a little higher than I expected - but it tells me that $53k may not be that bad for such a low-mileage car...

jwasbury

53k is probably not unreasonable for a 13k mile car, that I expect is in as-new condition. I wouldn't buy it because I'd be afraid of ruining it by using it. Putting miles and road rash on that car is going to de-value it. That's a collector, or concours garage queen IMHO.

It all depends on what you want, I suppose.

I think "Left Coast" makes some very good observations. However, rather than look for a 930 in the 20's because you expect to incur rebuild costs, in todays market people are selling cars in the 30's that have already had all this work done (often very recently). These cars are driver-quality, and will have varying degrees of modifications from mild to wild. I've been seeing guys pour their hearts and wallets into these cars over the last few years only to let them go for .50 on the dollar. Its a good time to be a buyer with cash. I went the route of buying a car in the 20's and doing all the rebuilding/restoration on my dime, its damn expensive...it was a few years ago and market conditions have changed for sure. I have no regrets, but if I were looking to buy today, given the knowledge I have now, I'd be looking for one of these .50 on the dollar deals.

coachlee

I have a 1981 930 with almost 90,000 miles. All stock and runs perfect. Use it but don't abuse it and you can easily get 150,000 without any rebuild. It helps to have a 32 year experienced air cooled porsche repair specialist maintain your treasure. The car has never been raced or even pushed to it's max. Sort of a shame but a few minutes of dangerous thrills can cost more than money. If the 930 has at least yearly maintenance by a good porsche specialist it will probably be worth buying.
Tom

911rudy

My car has been for sale, not overly active effort, and I have gotten ONE call on it. It is an '87 with 67,000 miles. The engine and tranny have been rebuilt at 64,000 ,miles and it has been slightly modified. It comes with all factory manuals, a set of Fuchs, OEM exhaust + headers, new A/C, coilovers, B&B IC, etc and I was asking $28K. Good luck on getting $35k much less $53K.

lhd7

would that be the one listed by True speed by any chance?

dnmnm

I'm still searching. Admitedly, I'm very particular - looking for a 1976 or 1989, low mileage, bone stock (or easily returned to) example in slate gray (non-metallic), emerald green, blue or other unusual color. I've looked at all the recent 930s at TrueSpeed, including the white one currently there on consignment. They had a black on black recently that had 12k miles and was in really nice condition, as you might expect. All of theirs seem to be in the $50k range, which is pricey, but I would entertain that range for the right one, considering my criteria above...

dnmnm

lhd7: yes, the one i referred to in my original post was brought to my attention by Truspeed. It was available through a dealer auction. They ended up buying it for their inventory, and I flew down to see it about 3 weeks ago, but it was not the pristine example I was looking for (despite being a low-mileage car). The week after I was down there they did sell the car to someone else. Terry there has been very friendly and has my list of requirements should he come across a car fitting that description.