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Nice '84, but $12k?

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Old 12-18-2009, 04:19 PM
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SalzundPfeffer
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Default Nice '84, but $12k?

http://www.euroltd.com/vehicle_details.php?cid=324

Listed at a car lot in my hometown. Growing up, this place had a decent reputation in town for sourcing quality vehicles. By all indications, this thing looks cherry. But could an '84 possibly be worth $12k.

I'm sure this thing has spent most of its life in a wrapper. Now it will probably get dumped on for a few months through an Iowa winter

I don't think I could ever bring myself to spend that much. Maybe for a collection.
Old 12-18-2009, 04:35 PM
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Potomac-Greg
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I doubt that there are many (if any) 944s n/a's in any car "collections." It's just not that kind of car. It is possible that they will get someone to pay $7,000 for it. Even with low miles, there's 25 year old stuff that will need attention.
Old 12-18-2009, 04:35 PM
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Tom R.
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nice 7000 car. my brother bought one with the same miles in 01 for under 7500, had sport suspension too. new three year old timing belt is worth a lot.

Is that the correct color for the overflow tank?
Old 12-18-2009, 04:58 PM
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ernie9468
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[QUOTE=Tom R.;7154733]nice 7000 car. my brother bought one with the same miles in 01 for under 7500, had sport suspension too. new three year old timing belt is worth a lot.

Is that the correct color for the overflow tank?[/QUOTE YES!
Old 12-18-2009, 05:03 PM
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SalzundPfeffer
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Originally Posted by Potomac-Greg
I doubt that there are many (if any) 944s n/a's in any car "collections." It's just not that kind of car. It is possible that they will get someone to pay $7,000 for it. Even with low miles, there's 25 year old stuff that will need attention.
Does anyone know if Seinfeld has a 944 in his stable?

I tempted to jokingly call one of the sales reps and tell him this looks like the perfect parts car for my beater $1400 '84...
Old 12-18-2009, 05:06 PM
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odurandina
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to state the obvious, the car is easily worth $7 or $8 k but getting someone to travel all the way to cedar rapids and pay... a collector will be paying out a lot in travel expenses before he even gets the oportunity to look it over.
Old 12-18-2009, 05:13 PM
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Well, to start it isn't anything special from the series, ie a cup car, turbo cup car, 937CGT(s)(r), etc, etc. And its Guards Red, the most popular colour, from the time period when many, many examples were built.

But to the right collector looking for an early 944 to complete his collection, $12K might be reasonable if the car was low, low, low (did I say low?) mileage. It would also have to be perfect cosmetically, and not molested in anyway.

This car, however, is not that. Mileage isn't low enough. Molested with that ugmo rear light thing (that only a mother could love) that has to be attached with holes drilled in the body. Rear bumper molested with holes to mount the license plate. Holes drilled into the fenders and quarters for mud-guards. Aftermarket air filter. You get the picture.

Undesirable for any collector. And too expensive for any enthusiast. Priced into 944 "no-mans-land", you might say.
Old 12-18-2009, 05:23 PM
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Not low enough miles for $12K. If it had say sub 4000 miles one might make a case for it. Also, I think many "collectors" aren't looking for $500 examples to then drop $10K into. A Collector would want an original car, in original conditions, with low miles. Not too many of us out here have such cars. And if you did, wouldn't you want to think they could be worth more?


About 2-3 years ago.. 914 die hards could NOT believe that "run of the mill" 2.0 Liter cars (4 cylinders) could pull in over $10K and some examples peaked out at over $20K. It shouldn't be hard to imagine that 944s are on a cusp of rising value. They are OLD. Many have been hacked up, cut up, stripped out, wrecked or sitting around deteriorating. Out of 120,000+ built, how many are truly out there in decent or above average condition?
Old 12-18-2009, 06:14 PM
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Potomac-Greg
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Originally Posted by racer
It shouldn't be hard to imagine that 944s are on a cusp of rising value. They are OLD. Many have been hacked up, cut up, stripped out, wrecked or sitting around deteriorating. Out of 120,000+ built, how many are truly out there in decent or above average condition?
I agree but with a couple of caveats. First, the 944 is not revered by Porsche afficionados. The old school folks hate it because the engine's in the wrong place, and there's a radiator up there. Unlike the 914, the 944 look got ripped off by Mazda, Nissan and even Chrysler, and that eroded the image.

There are a LOT of deteriorating 944s trading hands, and they're selling for almost nothing. Those trashed 944s have to be GONE -- parted, crushed, abandoned -- so that they stop dragging down the 944 market. Galvanized steel is great, but it's keeping the beaters from melting away like old 914s do.
Old 12-18-2009, 06:28 PM
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Originally Posted by racer
Not low enough miles for $12K. If it had say sub 4000 miles one might make a case for it. Also, I think many "collectors" aren't looking for $500 examples to then drop $10K into. A Collector would want an original car, in original conditions, with low miles. Not too many of us out here have such cars. And if you did, wouldn't you want to think they could be worth more?


About 2-3 years ago.. 914 die hards could NOT believe that "run of the mill" 2.0 Liter cars (4 cylinders) could pull in over $10K and some examples peaked out at over $20K. It shouldn't be hard to imagine that 944s are on a cusp of rising value. They are OLD. Many have been hacked up, cut up, stripped out, wrecked or sitting around deteriorating. Out of 120,000+ built, how many are truly out there in decent or above average condition?
is the 944 glass half full? Before someone drops $12k of coin on a 150hp 944....

From the M3 board when someone asked about a 17k 53k mile sedan
I just paid $10K for a Dinan supercharged sedan with Dinan Stage 3 suspension, strut bars (front/rear), intake, folding seats, and 94K miles. It needed some typical maintenance items and $1500 later, it is has zero issues. My two cents.
I paid far less for mine just a few weeks ago. Mine is the same year, 4dr., and bone stock with the exception of brand new Bilsteins on all four corners. Mine had 83K miles, a boatload of receipts, all the records from the dealer, inspection 2 done just prior to delivery, new brakes all around, new drive belts, thermostat + housing, brake system flush, brand new fogs, flawless leather, new floor mats, brand new tires on the front and nearly new on the rear, new rtabs, shock tower mounts, guibo, even a new panel that covers the sunroof motor. I'm sure there were a few other things but it escapes me right now. All the usual suspects had been taken care of and the records proved it. PLUS, mine has the split fold-down rear seat, which that Dakar doesn't.

Nice car? Absolutely. But in this market it does seem overpriced.
Very nice. Is it overpriced? Definitely! I bought my 98 Dakar coupe last Feb for $11,900 with 75,000 miles. I think I got it for a great price considering it had a clean PPI and a folder full of service records.
Old 12-18-2009, 08:39 PM
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Mike C.
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$12K just doesn't seem realistic. As mentioned the mods will really detract from any concours aspirations... (car wax junkies).
Old 12-18-2009, 10:36 PM
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While I am not in the market for a car like this and I also agree it won't sell at that price, why is it folks get all "outraged" about high dollar asking prices?

What is the maximum price one would pay for an 8v NA in "excellent" original condition?

speaking of "high dollar" how about this one? http://www.highmarques.com/inventory/202.html iirc, asking price is $15K
Old 12-19-2009, 01:35 AM
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Tom R.
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Originally Posted by racer
While I am not in the market for a car like this and I also agree it won't sell at that price, why is it folks get all "outraged" about high dollar asking prices?

What is the maximum price one would pay for an 8v NA in "excellent" original condition?

speaking of "high dollar" how about this one? http://www.highmarques.com/inventory/202.html iirc, asking price is $15K
The maximum price someone should pay for an excellent 8v NA was answered above.

Maximum for a stock under 40k car is 8k, realistic is 7k YMMV.
Old 12-19-2009, 10:01 AM
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In this market max for an excellent 944 is $5000... low mileage might see a bit more but not much. Anything over 6K is dreaming.



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