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Value drop when my mint '86 goes over 60,000 miles?

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Old 08-13-2006, 02:08 PM
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pologuy
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Default Value drop when my mint '86 goes over 60,000 miles?

Hey everyone,

I have an absolutely mint 1986 944 NA, it has 57,000 miles on it.

I have been previously told by people on here that it should be worth around $8,000.

My question is, how much of a price decline will the car take if it turns over 60,000 miles?

Thanks!
Old 08-13-2006, 02:20 PM
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Geo
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If you bought a 944 as an investment, you made a mistake.

Drive it. Enjoy it.

BTW, I doubt it will lose any noticeable value.
Old 08-13-2006, 03:23 PM
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hockeydude
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unless you bought it for councours, dont worry about it. i've got 188k! drive it and have fun!
Old 08-13-2006, 04:27 PM
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pologuy
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Well, I bought it for both reasons actually....

It just turned 20 years old and is now a collectors...

Everything is original and in mint condition. The inside looks like it was never driven in (but it has been and a lot of fun too!)

The outside looks new also, all original. The paint is so glossy that I have had people at the Porsche garage ask me what type of wax I used...

I was told that when it hits 60,000 miles it will deduct around $2000 from its value....
Old 08-13-2006, 04:56 PM
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Manning
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bah! Just drive the thing. If it is even worth $8000 at all now I can't imagine another 3000 miles on the clock will drop the value $2000. Besides, not to offend anybody, but this series of cars tends to attract the entry level Porsche owner, or douchebags that simply want to say Hey look at me I drive a Porsche. You will have a very limited market for a "collector" 944 no matter how many miles are on the clock.
Old 08-13-2006, 05:03 PM
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Dr.Porsche
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I always laugh when I see the "$14,000 NA 944 with only 1200 actual miles or the $24,000 SC with only 800 miles" type of cars. This is great for the one or two people who are looking for such a car. Additionally, cars must be driven to keep the seals etc. in good working order. I had a friend who had a beautiful SC and never wanted to put more miles on it. He did something very stupid one day, ended up crashing the car, and now says..."I'd wish I'd driven the car more". Please drive it and enjoy it. $.02
Old 08-13-2006, 09:17 PM
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white924s
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even if you hit 60k, you've still got a very low mileage 944....enjoy it and keep it in good condition/tkae proper care of it and you'll reward it when the time comes to sell
Old 08-13-2006, 09:31 PM
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944J
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I just want to know when the 1985.5 cars become smog exempt in California... if ever.
Old 08-13-2006, 10:46 PM
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phil74501
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I have a friend in the whole sale car business in Dallas. He told me once that when a car reaches 65k the value of it drops. It isn't that 65k is some magical number that makes things start falling off. It's just a number that people in the car biz decided makes it harder to resale. Like 100k it's a psychological thing. On 944's though I don't think it really matters. One that old with less than 100k on it is rare.
Old 08-13-2006, 10:48 PM
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yellowline
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Originally Posted by Manning
Besides, not to offend anybody, but this series of cars tends to attract the entry level Porsche owner, or douchebags that simply want to say Hey look at me I drive a Porsche.
Don't forget the adventurous kids who want something a little more unique than a used Camry.

I say drive it. I'll always have the opportunity to work for more money, but I can't drive a 944 for 20,000 miles and call it work.

Last edited by yellowline; 08-13-2006 at 11:12 PM.
Old 08-13-2006, 10:59 PM
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GOBOGIE
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I doubt there will be much difference - drive it '-)

Not that I take my own medicine much.
Old 08-13-2006, 11:45 PM
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Tom R.
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My brother bought mint 944s. yes plural. He bought an 84 with the sport suspension in 01 with 32K miles that was stored in a climate controlled garage. he also bought a mint 89 with 40k miles and the rare split rear seat in 04.

Both were purchased for under 8k, so I am not sure where you are getting your 8k from.

I bought a mint 89 944S2 with 54k miles in 04 for under 10k.

IMHO your car is a nice 7, 7500 car now, and will be a nice 7,7500 car when it has 65k miles on it. YMMV.
Old 08-13-2006, 11:46 PM
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hockeydude
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Tom- my 89 has a split seat. was that truly rare for the '89's?
Old 08-14-2006, 02:44 AM
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jjjr944
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Bought my 86 with 58k on it 12 years ago.
Now have 63k.

Drive the thing. I don't enough as it is due to time. It is not an investment.

Jerry
(part of the BeerBurner and Tom R. Miata owners club multi-car family)
"Man, I remember the 90’s like they were 10 years ago..."


Old 08-14-2006, 10:03 AM
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Tom R.
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Originally Posted by hockeydude
Tom- my 89 has a split seat. was that truly rare for the '89's?
From what i understand it was an oddball expensive (for what you got) option.


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