GOBOGIE

Prices are up nicely for the turbos. I'm still amazed at how the majority of the article gets reprinted year after year. Still throws the jab in there about seeing $20K+ cars adverstised but doubts they go for that much. He really doesn't watch e-bay does he. There has been several low mileage pristine example '86's going for 20+ in the last 6 months. Hard telling what an '89 turbo would go for with ultra low mileage and pristine shape

KLR

That is funny -- I can't wait to read it. The sentence about some sellers asking for $20k but probably not getting it dates to about 1997. He really does reprint it every year; I have the back issues to prove it. Many people have talked about worrying that these cars are depreciating over the 5-6 years that I've been reading rennlist. However, if you actually look back at the ads in Excellence, you realize that 951s pretty much hit the bottom of the depreciation curve around 1997 or so, if not before. If anything, cars in the similar condition have appreciated since then as they have become rarer.

xsboost90

excellent! my plan is woooorking...huhhuauaaahahhahahaha.....

step 1. steal underpants

step2.

step 3. profit!

PCA 944

Photo of the figures?

I'd like to see how much normally aspired 944s and 931s are going for. I'm probably crazy, but I think 924s will start rising in value.. one day.

yellowline

I want to see if 83s keep rising. Good examples were at $4000+ last year (up a good $500+ in one year), and Excellence data is taken from completed sales.

If you 951/S2 guys raise the prices too much, I might have to resort to a late model BMW.

MM951

PHEW already got one

white924s

I would also be curious about how the 924/931/944na prices are looking nationally because I think that eventually, these cars will follow the trend of the 356's and 912's insomuch as examples in good condition will appreciate in value. Also, I don't know if we really get a good cross section of the market here on rennlist because we don't really have a good cross section of the buyers posting here - there might be people out there who don't necessarily know as much about these cars that would pay more than a lister might (or vice versa...someone who might sell for less than a lister)

FRporscheman

Where do they get this data? DMV records...? Because I bought my 968 for a different amount than what we put on the bill of sale...

Yabo

gobogie, did you give up / decide not to sell your car or do you just not have it listed in your signature anymore?

epbrown01

According to them, they get the numbers from readers writing in, auctions (regular, not eBay), and published ads like in Panorama and Excellence itself. This is spotty, yes, but he's proven willing to accept input. Not long ago he asked 928 owners to send in fresh data on prices, and used it. I'm sure he'd be willing to accept input from 944 owners as well.

Dan87951

He still has it. He knows the punishment if he sells it..

TheRealLefty

While Bruce doesn't seem to be able to stir his typewriter into action and revisit his seemingly decade-old market analysis, the sample sales documented elsewhere in the mag consistently show buying prices well above the obligatory ranges included in the very same column.

IMO, the large number of water coolers sold new from 83-86 distorts the overall average selling price analysis in two ways. First is the simple math that poorly maintained examples sell for pennies on the dollar every day driving down the averages. Second is the supply and demand curve for good examples. As long as there are fairly abundant sellers willing to part with nice cars between $10K and $13K, there will always be a bargain sale out there to balance the $20K deal reached between a discriminating buyer and a savvy seller. Top cars really do sell for $20k, but the averages mislead.

Excellence similarly misses the mark on the 968. Great car, don't get me wrong, but Bruce continues to suggest that the relatively high price of newer 968's is a function of their superior bits, but ignores the more powerful fact that they are the newest available examples of our water cooler platform and were produced and sold in much lower numbers than 951s.

If only a couple thousand 951s were made each year between 86 and 89 their prices would be much closer to 968 asks. Partial proof being found in the fact that the price of an excellent 951S is much closer to 968's than more abundant bretheren. When an 86-88 951 is modded to the level of 951 performance it's price acts more like the S model and can match same if the car is both fast and clean.

Long story short (too late), it is difficult to distinquish between scarcity and desirability as market forces and I think Excellence as a tendency to confuse the two.

johnny1423

yes its good for us that own one..but really i feel it is the fact that this particular segment is "maturing" and "thinning".
What i mean is that there is less and less cars each year(parted/totaled/etc), and the ones left are getting nicer(thanks to those of us that keep putting $$ into 20 year old cars).
In the end there is a much bigger "gap" between the old P.O.S. cars and ones owned by those reading this post.... thus the law of econonmic averages sends values "slightly" up...
please remind yourselves..we did not buy these cars as investments...they are still money pits...but fun ones none the less!!!

I love porsche

i thought the values he had on the 924 and 924S were a bit high...but hey...maybe someday

jgporsche

I wished I would have bought a few 944s last year. Prices lately are much higher than over last summer. Take for example the S2 cabrio NickG had, that he couldn't give away. i should've pulled the cash outta somewhere.