market price check
#1
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930 braintrust,
i have an opportunity to bid first on a private sale 57k miles guards red 930 in excellent running condition, good to very good paint quality, and very acceptable interior. no ppi done on the vehicle yet.
i've driven it--car pulls well, no obvious mechanical issues--some notes: the clutch pedal is very hard and it can be a bit difficult to shift into first from stop--normal for a 915 tranny vs need for clutch replace? the speedometer isn't reading properly, and the brake light on the dash lights up intermittently.
anyhow, ballpark, where would the market experts place this car's purchase price? the car belongs to a friend, so we are trying to find a "fair" price for both seller and buyer in an amicable way.
thanks in advance!
i have an opportunity to bid first on a private sale 57k miles guards red 930 in excellent running condition, good to very good paint quality, and very acceptable interior. no ppi done on the vehicle yet.
i've driven it--car pulls well, no obvious mechanical issues--some notes: the clutch pedal is very hard and it can be a bit difficult to shift into first from stop--normal for a 915 tranny vs need for clutch replace? the speedometer isn't reading properly, and the brake light on the dash lights up intermittently.
anyhow, ballpark, where would the market experts place this car's purchase price? the car belongs to a friend, so we are trying to find a "fair" price for both seller and buyer in an amicable way.
thanks in advance!
#5
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OK, so what I'm seeing on the East coast is a general leveling off in prices for these cars. My 1984 (euro model, so rare, higher hp, more aggressive suspension, etc) and is near perfect, 35,000 miles...has been on the market for a few months at $139k. I've had offers in the very low 6 figures. So let's say $100,000 is the "current value" for a perfect 911 Turbo. One with higher miles, needing either clutch or tranny work, ok paint, not as perfect all around....let's say it's worth a bit more than half that? $55,000-75,000? Depending on a PPI? Guess my guesstimate without laying eyeballs on it.
#7
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Tough to say, but ballpark, I'd say $110k or so. I've noticed the market seems to have "leveled off" which is good for really any market. However, the clean, honest West Coast examples, especially in Southern California, still command a premium. Mine is basically an heirloom at this point (lol) and I have no plans to ever sell but it was on the lot while I was grabbing lunch at my local shop and had many onlookers who passed by other beautiful Porsches to check out mine. Although it's not for sale, there have been two foreign buyers (through my shop) who inquired about if it's for sale. One individual who's purchased there before didn't blink when $150k was thrown out there (not by me). It's interesting for what it's worth I guess but who really knows the seriousness of such people until cash truly makes an appearance. Good luck
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#8
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It's staggering to see how fast these cars have appreciated. What is driving it? Speculation, or real collectors who buy, hold, use & enjoy them?
I tried to help a pal sell his here on Rennlist about 5 years ago.
Ultimately it was sold by a local (in Orange County, CA) Porsche specialty shop on consignment for around $40k.
Today, that car is probably work at least 2x, if not more.
I tried to help a pal sell his here on Rennlist about 5 years ago.
Ultimately it was sold by a local (in Orange County, CA) Porsche specialty shop on consignment for around $40k.
Today, that car is probably work at least 2x, if not more.
#9
uninformed gas bag
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(contemplating on whether gas bag is one or two words)
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930 braintrust,
i have an opportunity to bid first on a private sale 57k miles guards red 930 in excellent running condition, good to very good paint quality, and very acceptable interior. no ppi done on the vehicle yet.
i've driven it--car pulls well, no obvious mechanical issues--some notes: the clutch pedal is very hard and it can be a bit difficult to shift into first from stop--normal for a 915 tranny vs need for clutch replace? the speedometer isn't reading properly, and the brake light on the dash lights up intermittently.
anyhow, ballpark, where would the market experts place this car's purchase price? the car belongs to a friend, so we are trying to find a "fair" price for both seller and buyer in an amicable way.
thanks in advance!
i have an opportunity to bid first on a private sale 57k miles guards red 930 in excellent running condition, good to very good paint quality, and very acceptable interior. no ppi done on the vehicle yet.
i've driven it--car pulls well, no obvious mechanical issues--some notes: the clutch pedal is very hard and it can be a bit difficult to shift into first from stop--normal for a 915 tranny vs need for clutch replace? the speedometer isn't reading properly, and the brake light on the dash lights up intermittently.
anyhow, ballpark, where would the market experts place this car's purchase price? the car belongs to a friend, so we are trying to find a "fair" price for both seller and buyer in an amicable way.
thanks in advance!
#10
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#11
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It's staggering to see how fast these cars have appreciated. What is driving it? Speculation, or real collectors who buy, hold, use & enjoy them?
I tried to help a pal sell his here on Rennlist about 5 years ago.
Ultimately it was sold by a local (in Orange County, CA) Porsche specialty shop on consignment for around $40k.
Today, that car is probably work at least 2x, if not more.
I tried to help a pal sell his here on Rennlist about 5 years ago.
Ultimately it was sold by a local (in Orange County, CA) Porsche specialty shop on consignment for around $40k.
Today, that car is probably work at least 2x, if not more.
#12
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I think a lot of it is speculation and "hype". We have a few for sale near us and so far no takers. I'm close friends with one of the owners as he is in the Porsche club and even though he is asking big money he hasn't received any offers on his 33k mile gem. I feel a market correction coming once interest rates go higher.
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#13
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I respectfully disagree and agree...While I think there are clearly those speculators out there who are looking to make a quick buck or two, many have come to appreciate the 930 for what it is, a classic sports car, made not in great numbers and few remain today. From what I've observed the 930 seems to fly in the face of the usual classic car buyers' requests for "unmolested, pure stock with low miles." People who seem to have purchased these over the years want clean examples but they also want to drive them and have (more) fun. And let's be honest, a stock 930, even one well maintained, still drives "better" with upgraded turbos, etc. Also, prices on the low mile gems seem to be way too high IMO, versus ones in great shape but with higher miles and have been upgraded. As far as the market correction, I think it's already happening...I'm seeing all classics sit longer on the market. One last point- just like good real estate where I live, as long as it's priced correctly, it will sell quickly. There's literally no more room to build here. The 930s fall in the same type of box in that they're not going to be made again and many really, really want them FWIW![Cheers](https://rennlist.com/forums/images/smilies/beerchug.gif)
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#15
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