Tom R.

at first i wanted to say your numbers were harsh, but i think you are on target. i know the 951S i bought six weeks ago is worth about 20% less than it was when i bought it. same for the S2 i have to sell. i think the 944 market took a good 20% hit since labor day.

PorscheDude1

Sucks for all of us.

Boxters start at $8k now.

87 944 C

i think that the 968(turbo's and rs' included) will be worth some money in 10-20years. only 4000 and change were brought to america, half and half on coupe/converts. what will end up happening may be the same as some early 60's ferrari's, porsche 356, and lambo miura, just up into the 100's, just maybe above 20k, with turbo's going up to 100k, rs' maybe 125k. but who knows, i'd love just a base model 968 with a 6spd and CS package

Rich Sandor

expect to pay a MINIMUM of $100,000 for a mint, unmolested REAL 968 turbo.

There are a few with 120,000+kms that are signifcantly cheaper, but are probably not original anymore at that mileage, as many parts would be replaced, refurbished or upgraded.

porshhhh951

wow you think with the current market you should still expect to pay that much?

I would think 70k would be on the high side given current economy and the likely hood one was coming up for sale all of a sudden would most likely be the very reason. Someone just trying to clean up their garage some.

The toy market is suffering badly. Have you watched BJ auction this year? Look at the drop in the market there. Ferrari's, lambos that were brining 30-40k over book for a premium and people were picking them up just for resale are now stuck.

The market is pretty flooded and anything new coming onto the market right now is going to reflect that stance. Or so I would think.

87 944 C

which barret jackson? LV, Miami, or Arizona? i didn't watch miami or much of LV. never go by BJ anyways, seriously 250g for a hemi powered car? no, never, i don't care how many memories you have of one as a kid, it's not worth it. european cars, watch RM car auctions, they are better for those types, more collectors there who know the cars.

just wondering, how difficult would it be to clone a turbo s from a base model? can you use a 89 turbo motor from a 944 and just up the power, and looks and such?

Yummybud924

It might be just me, but I don't really care how rare or collectible a car is. I don't want to spend a premium for a car just because it was made in very limited numbers.

wouldn't save a whole lot of cash buy just buying a nice 968 and building a custom turbo. sure it won't ever be a real factory 968 turbo but I don't care.

can't you buy a really nice 968 for like 20 grand? and then how much will it cost to build a custom turbo kit for it like 10 grand?

for 70-100 grand I'd much rather get a 993 turbo.

Yummybud924

just wondering what were the original prices for the 968 turbo and turbo S when new?

Rich Sandor

Uber rare cars like a factory 968 turbo, a 959, an original gmund 356, porsche 904's 906's, 908's, 917's, etc etc, are not subject to the same market adjustments as a Boxster or 993. Two totally different planets.

To come into a 968 turbo, 959, or any other serious collector Porsche, you would have to already be seriously wealthy, and you would have enough market smarts to know that now is NOT the time to dump a collector's item. It's NOT a seller's market right now.

The only people dumping super rare cars at Barret Jackson are suckers who need the cash because their stocks dropped or whatever else.

87 944 C

you gotta think, if your buying a 968n/a you can't just slap a turbo on it and get the performance of a 968 turbo. the engine compression is to high to really make it safe/reliable(how many turbo'd cars r though?). if you start by using a 968(empty for all i care) and plant a 3.0l from an 89 turbo(easier said then done), you can play games with the tuning of the 944 motor/turbo and get it up to 305hp, and do some suspension work to help it hold 305hp and make turns as well as the 968 turbo does. would it be cheaper then 100g, damn right it would be, will it be porsche factory, in a way, just a loving melting pot of design. even the guy selling his 968 as a parts car here on rennlist, that car would be a decent start, it needs a lot of work, but with patience(and money) finished it'd be a nice clone. i think he did say he was keeping the motor or something like that, so it's already gutted. i've seen 89 turbo motors for sale around 3g. if you're mechanically inclined(and have an engine lift/car lift) or are a mechanic, it'd make a fun project for you, or place of buisness/show car. if i had the skill and money, i'd do it. of course there are body differenes.

as for people dumping super rare cars at BJ, it's because they think they'll get more money by selling it at an auction with a big audience. only issue is, anyone following the BJ auctions the past few yrs relizes that anything other than american cars are really not selling for a high price. at LV an xj220 and saleen s7 tt sold for a total of 220g. both cars new cost over 600g...each!!!! at rm auction an s7 n/a sold for 250g, because the bidders knew the car, they were collectors, not hobbiests who don't know.

tifosiman

You aren't a wealthy collector. You are looking at it from a middle-class point of view.

Cars like the 968TS/TRS, 924GTS/R, CarreraGT, etc, etc do not fall into a category that are as easily affected by the downturn in the economy. The guys that have these cars in their collection know what they are worth and will hold onto them thru this turbulence.

Oops. Rich said basically the same thing. Repeater!

marky522

Well put, I deal with these customers everyday... while hard times are hurting the Boxster/base Carrera crowd, the 996/997 turbo/GT3/GT2 ETC crowd, most of them claim to be untouchable by the recession....

Mark

Tom R.

4000 is a lot of cars. i think that is more than ferrari makes in a year.

i dont see the 968 skyrocketing in price. just as i dont see the S2 which is rarer than the 968 skyrocketing in price.

the 968 is lumped in with the lowly early 924 as far as collectors go. it is just an offshoot of a mass produced car. even though it is rarer than a 911, i think it will always be the ugly red head stepchild.

the few factory 'one offs' like centerpunches 951, the 968CS, etc will always be held in a different light. i think there is a big difference in value between a factory race car and a private race car unless the private has a very winning provenance. then it is the provenance and not the car that has the value.

PorscheDude1

IIRC The 968 Turbo S sold for 72,000DM when new.
They only produced 15

Not sure of the RS.
They only produced 4

So IMHO it will take far north of $100K USD to put one in your garage, IF you can find one.
Dont forget importation problems and costs.

porshhhh951

exactly.

On the seller note, yes anyone deciding right now to dump a Porsche is going to take a hit. I assume the OP was looking at trying to find one pretty soon thus the current market will reflect that. A 968 turbo isn't even in the same league as a 959 or 904 etc.

Its why I'd have a hard time swallowing a 100k price point right even if thats asking price I doubt the are buying it. A 968 just doesn't bring out the big buyers who have money to spend regardless of the current market. Those guys will always have money, and the market on the rare Porsche's like 959's, 917s, etc will reflect that.

I just don't see a factory 968 turbo S in the same league of car. If anyone see's one of these cars bringing 100+k in the next 6 months(actually selling) let me know. I'd be interested in being proved wrong.