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What would you pay???

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Old 05-15-2009, 11:11 AM
  #16  
JJK78
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Originally Posted by blown 944
+1 on that.

The repair facility next to my business has a 26k 944T in there right now, and the owner is looking to sell it. They asked me about what kind of $$ and I said he'd be lucky to get 15k. I told him to advertise highline and _shipped_ included in the CONUS so whatever was negotiated factor shipping off the top.
+1 on both of those. With this market $30K is a stretch "as-is". Your buddy could probably go ahead and invest a few thousand bucks and take care of those maintenance issues that everyone has mentioned such as timing belt, water pump etc. and then go ahead and put it out there for $30K shipped in Dupont. It sounds like a very nice car but to be realistic I think $20-$22K would be a fair price for both the buyer and seller. I have seen many nice cars with a little higher mileage sitting on Ebay and the posting boards for anywhere from $8K-$15K... and they are still there... Probably best to hold onto it or lowball him and hope you can get a deal on it
Old 05-15-2009, 11:12 AM
  #17  
M758
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Originally Posted by K964
A friend of mine has an '89 944 Turbo with 18,000 original miles. The car is absolutely perfect and has never been tracked or abused. It is white with black leather, and fully optioned.

I realize that a car, or anything for that matter, is only worth what someone is willing to pay. With that said, what is this car worth? What would a "fair" price be in today's market?

FWIW, he thinks that he can get $30k for it. I think that's way high. Thoughts???
It is a tough one. He needs to find the right buyer. The guy looking for a driver won't pay 30k for this car and realy should never buy it. If it is a 18k time capsule the buy needs to be the rare sort looking for a pristine Turbo S for a collection. For these guys 30k is not bad for something that can be very hard to find. The big problem is how many guys out there are looking for time capsue 944 turbo's. Few right now. May be more in 10 years, but not many now.

If he needs to sell it then may 15k-20k is all he will get since if all you want is "nice car" 18k miles is no better than 80k miles.
Old 05-15-2009, 11:16 AM
  #18  
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Market is bad. I'd say low 20's on the high side if he has records. If it hasn't had things like belts. hoses, waterpump, etc recently replaced then its going to be tough to get that amount of money. Low mileage sometimes means low maintaince records and that means bills for the next owner if he wants to drive it.

Give me a higher mileage example that comes from good documentation any day over a garage queen thats still rolling around on factory original brake pads. That car is going to need some money thrown at it.
Old 05-15-2009, 11:57 AM
  #19  
MAGK944
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It really SHOULD be a $25k car but finding someone who will buy it at that price is a problem. You are into 996 territory and there are many -02 996's around at the moment that would offer better motoring and lower manitenence costs for the same money. My guess is $15k for a quick sale but it should fetch $20k if he is willing to wait for the right buyer.

The way I see it is that the mantenance costs should be the ONLY expense required to keep these cars running. They should not also suffer drastic depreciation. So $15k with 18k current miles used as a daily driver for 5-years (10k/yr) = 68k miles. The car should still fetch $15 with that mileage after 5 years of good maintenence.
Old 05-15-2009, 12:27 PM
  #20  
931GT
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30K... ROTFLMAO. As someone said before, UNREAL 951s sold recently for 15K. That is the absolute top of the market for 944 series cars, period. Once you get into the 20K+ territory you can pick up 930s, really nice 964s and decent 993s... who in their right mind would by a 30K 951 over any of these cars??? The 944 Turbo is an awesome car... but they do not command the price premium of the more prestigious Porsches and its unlikely they ever will.
Old 05-15-2009, 01:38 PM
  #21  
V2Rocket
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Originally Posted by MAGK944
It really SHOULD be a $25k car but finding someone who will buy it at that price is a problem. You are into 996 territory and there are many -02 996's around at the moment that would offer better motoring and lower manitenence costs for the same money. My guess is $15k for a quick sale but it should fetch $20k if he is willing to wait for the right buyer.

The way I see it is that the mantenance costs should be the ONLY expense required to keep these cars running. They should not also suffer drastic depreciation. So $15k with 18k current miles used as a daily driver for 5-years (10k/yr) = 68k miles. The car should still fetch $15 with that mileage after 5 years of good maintenence.
maintenance is key..

my car had 64,000 miles on it when i bought it in 05 but i got it for $1000 because it was beat to hell lol
Old 05-15-2009, 03:20 PM
  #22  
Tom R.
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anyone see the ads in pano and on the pca site for the 23k and 25k mile 89 951 for low 20s? I know i did. i particularly liked the velvet red with linnen interior 89 951 with i think 23k miles for 25k that i believe had recent belts, etc.
Old 05-15-2009, 07:16 PM
  #23  
M758
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Originally Posted by 931GT
30K... who in their right mind would by a 30K 951 over any of these cars??? ...l.
You buy it as collector car. Why because an 89 944 Turbo represents best road going 944 ever. Plus and 89 930 vs 89 944 Turbo and the turbo was faster. Plus when was the last time you saw a "perfect" 951 with under 20 miles.

You can by low mileage 996's all day long so where is fun in that. If you want some different that you won't see all day on show circuit here is a great car.



Heck I have had my 88 Turbo S for 12 years now. I might be able to sell it for a newer car, but anyone can do that. Being the only guy with a nice driven 951 is in some ways better than just another 996 driver.
Old 05-16-2009, 12:09 PM
  #24  
931GT
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I personally wouldn't buy a 996 over a 951 but I would definitely take a 911 Turbo or a 993 over a 944 Turbo and most would. If the market is offering 911 Turbos and 993s for 22k to 30k its very unlikely you'll be able to sell a 951S for that price. I think the market has spoken recently with respect to 951s and 15K seems to be the limit, and 15K is a far cry from 30K. Sry but the owner is dreaming, he'd be lucky to get 15 for her.
Old 05-16-2009, 12:37 PM
  #25  
Jeremy Himsel
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Originally Posted by 931GT
Once you get into the 20K+ territory you can pick up 930s, really nice 964s and decent 993s... who in their right mind would by a 30K 951 over any of these cars???
I would. I don't drive a 951 because I have to, I drive it because I want to.

Considering it's a low mile, fully optioned, 89T, I think the extreme upper end reasonable for this car is 22 to 25K. It won't sell quick. 18K will move it quickly.
Old 05-16-2009, 04:39 PM
  #26  
Whisper
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Originally Posted by K964
A friend of mine has an '89 944 Turbo with 18,000 original miles. The car is absolutely perfect and has never been tracked or abused. It is white with black leather, and fully optioned.

I realize that a car, or anything for that matter, is only worth what someone is willing to pay. With that said, what is this car worth? What would a "fair" price be in today's market?

FWIW, he thinks that he can get $30k for it. I think that's way high. Thoughts???
He's dreaming.

He'd be lucky to get half that.

A well-sorted turbo in great condition, with lots of aftermarket parts, will fetch 15k. However, one that's totally stock with such a low mileage may be less tempting. If it only has 18k miles after 20 years, that creates a suspicion that it may have been sitting neglected for long periods of time.
Old 05-16-2009, 05:27 PM
  #27  
Yummybud924
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if I had 30k I wouldn't spend it on a 944 no matter how pristine it is. I want a car as a daily driver not as a show car so in a few years it will have stone chips all over it eventually the seats will rip and the dash will crack.

like others mentioned with 30k I'd find a nice 964 or 993

also if I get a 951 I'd get it to modify it and then drive the **** out of it.
Old 05-16-2009, 05:31 PM
  #28  
Yummybud924
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Originally Posted by Whisper
He's dreaming.

He'd be lucky to get half that.

A well-sorted turbo in great condition, with lots of aftermarket parts, will fetch 15k. However, one that's totally stock with such a low mileage may be less tempting. If it only has 18k miles after 20 years, that creates a suspicion that it may have been sitting neglected for long periods of time.
lol you're going to have to pay 30k then you need new tires, belts, hoses, fluids changed.

I think most porsches are overpriced anyways especially the old 911s.
Old 05-16-2009, 07:13 PM
  #29  
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I agree with what a lot of you are saying, however you are missing the point of this car in a big way!!!! This is not a car for one of us to buy, we all (for the most part) like to drive our cars. This is a car that will go to a collector, not an enthusiast, unless said enthusiast wants a show car only. This car is good for one thing, to be admired and shown. Sure it can be made to be a good driver, but that would ruin this car!!!!!!!
Old 05-16-2009, 08:05 PM
  #30  
Yummybud924
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too bad most porsche collectors are just 911 collectors.


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