Current 930 Values are these Realistic?
#1
Current 930 Values are these Realistic?
Just saw an ebay ad for an 86 930 that referred to Hagerty scale and value of $42-57K. This car appears to be a daily driver. Are these values realistic? If so then my 930 is the best investment I have going.
http://www.hagerty.com/valuationtools/HVT/VehicleSearch
http://www.hagerty.com/valuationtools/HVT/VehicleSearch
#2
Burning Brakes
Realistic and sustainable are 2 entirely different animals. Remember the 'Internet Bubble' or the 'housing bubble' or perhaps the current 'liquidity bubble'....sure, they were realistic, but bubbles are not sustainable.
#3
uninformed gas bag
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(contemplating on whether gas bag is one or two words)
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There weren't a lot made to begin with and they aren't making any more.
I take back what I posted about 280SL's on another thread. They have taken off again as well.
I take back what I posted about 280SL's on another thread. They have taken off again as well.
#4
Thinking outside da' bun...
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I said the same thing about long-nose 911s, 914s, and 356s when they "boomed". Their prices boomed and never really came down. In about a 5yr window each of those cars double or tripled in value.
Despite the last 5 years of the economy, it still takes $200K to buy a Speedster, $75K to get a decent longnose 911 or garden variety 356, and $30k for a strong 914. Obviously there are project cars for much cheaper, just like there are $25,000 project 930s. But if you want a good one, the prices went up and stayed up. I think the fact that they stayed up in a calamity of an economy is a good sign for 930s.
Its not a guarantee, but it gives me hope that the run-up is much like those other vehicles and will sustain itself and never look back. It will create a new "bottom" in the 930 market. It might not raise the ceiling quite like those other cars just yet, but a new bottom would be a good start.
Despite the last 5 years of the economy, it still takes $200K to buy a Speedster, $75K to get a decent longnose 911 or garden variety 356, and $30k for a strong 914. Obviously there are project cars for much cheaper, just like there are $25,000 project 930s. But if you want a good one, the prices went up and stayed up. I think the fact that they stayed up in a calamity of an economy is a good sign for 930s.
Its not a guarantee, but it gives me hope that the run-up is much like those other vehicles and will sustain itself and never look back. It will create a new "bottom" in the 930 market. It might not raise the ceiling quite like those other cars just yet, but a new bottom would be a good start.
#6
Instructor
I followed a guy in a 86 turbo with a for sale sign on it. Sharp looking car and it sounded very good. Finally caught up to him. He's asking $45K. Not an original turbo car but it has wide body & turbo tail, clean but not perfect. I thought it was a high price, would have paid $35K. Now I'm thinking after looking at over 100 ads, maybe his asking price isn't unreasonable. These cars are selling at high prices & quickly too. Scary.
#7
Rennlist Member
Finally the car is getting the recognition it deserves. It's built solid, true sports car, looks great and if taken care of...reliable. Not many classics can hit all those targets. Many want old school..without all the fragility that some classics possess.
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#9
Instructor
Question ?
Is there a problem with rust with these cars ? Nowadays, new cars don't rust. Older cars, especially 82-89, may have had issues. Can anyone tell me where to specifically look in checking for rust. I'm in the hunt for another 930, likely NA.
Is there a problem with rust with these cars ? Nowadays, new cars don't rust. Older cars, especially 82-89, may have had issues. Can anyone tell me where to specifically look in checking for rust. I'm in the hunt for another 930, likely NA.
#10
Rennlist Member
Truth is rust is a problem in any car...and YES...new cars do rust. Around the windshield(the lower part especially) can be a common place for rust, door sills, where the door catch is(this is due to dirt and moisture collecting behind there)...battery area...many more places if the car has been left out in the elements for a long time. Luckily a lot of these cars have been well taken care of or problems rectified..nonetheless due diligence is priority number 1. Enjoy the hunt....
#12
Burning Brakes
Prices for nice old cars have been jumping lately, and it's great to see Porsches getting on board the gravy train.
I sold a very nice daily driver 356C that I bought from Gary Kempton to my old crew chief 6 years ago for the good buddy price of $15k. Car recently appraised at $60k. And I could kick myself in the *** for not buying a 94 3.6 Turbo a few years ago for half the current prices.
A guy made a nice offer for my 930 recently, cash and trade, but I think I will hold off for awhile. Even if the bubble bursts, my 930 is hands down the best Porsche I have ever owned, and I wouldn't mind being stuck with it.
I sold a very nice daily driver 356C that I bought from Gary Kempton to my old crew chief 6 years ago for the good buddy price of $15k. Car recently appraised at $60k. And I could kick myself in the *** for not buying a 94 3.6 Turbo a few years ago for half the current prices.
A guy made a nice offer for my 930 recently, cash and trade, but I think I will hold off for awhile. Even if the bubble bursts, my 930 is hands down the best Porsche I have ever owned, and I wouldn't mind being stuck with it.
#13
Owning a 930 today seems like a very good investment, but I am getting to the point of considering selling and buying a 996 turbo as their prices are coming down to meet the value of a decent 930. I have had my 930 for 22 years and have never even driven a 996T. So give me some feedback as to the desirability of a 996T or the insanity of this concept.
#15
Thinking outside da' bun...
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Youd probably drive a 996TT much more. Something to be said for functioning A/C, butt warmers, wipers that actually move the rain, headlights that actually light up the night, AWD, more compliant ride and more comfortable on long journeys. Its a car you can drive every day. Draws less attention -- still draws attention, but much less than a 930. You can take it to Costco and probably not draw the wrong kind of attention.
All depends on your lifestyle and driving habits. My position is always this: if you can only afford one Porsche, own the one youll drive most often.
All depends on your lifestyle and driving habits. My position is always this: if you can only afford one Porsche, own the one youll drive most often.