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Outlier or New Market Value?

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Old 05-20-2018, 06:46 PM
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Crumpler
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Default Outlier or New Market Value?

I guess I haven’t seen many listings for 928’s sitting in a dealership....

https://stlouis.craigslist.org/cto/d...591009417.html
Old 05-20-2018, 06:53 PM
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Wisconsin Joe
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Dash not cracked, seats look pretty good (can't really see a lot, though).

Reasonably low miles, engine looks pretty clean, jump post cap & cover are there.

I don't see it selling to a knowledgeable buyer for that much, but someone may pay it.

I'd want to see more interior pics and documentation on the work.
Old 05-20-2018, 07:08 PM
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NoVector
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I don't watch prices that often but IMHO I'd say new market value. Related, that S4 on BAT at $34K w/ 59K miles I think is another indicator. Someone in the BaT comments described it as due to "911 fatigue."

It seems prices have doubled over the past 10 years; and most of that bump was in the past 2 years.
Old 05-20-2018, 07:32 PM
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worf928
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Given what’s happening on BaT it’s not priced into Wacko territory.
Old 05-20-2018, 08:49 PM
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GT6ixer
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That's not a crazy asking price if it is as good as advertised and a PPI by a knowledgeable 928 mechanic bears that out.

Now if you want to see an outlier price, IMO, go no further than here...

https://www.schmitt.com/inventory/19...sunroof-coupe/

This was BC's '86.5 that sold for $52K on BaT in April of 2016 and in my opinion was single handedly responsible for kicking off a wave of 928s selling on BaT later that summer. It was an outlier then and is still the highest sale price over there for anything other than a GTS.




The current asking price? $64,900! I think cars like this will get there, but IMO it's still a few years at the current pace.
Old 10-06-2018, 11:52 AM
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Crumpler
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Still up but marked down slightly, I think original asking was 28, but I don’t remember with certainty.
Not encouraging as to new market value, but it may not be getting a lot of exposure anywhere beyond local CL.
https://stlouis.craigslist.org/cto/d...708537878.html
Old 10-06-2018, 01:07 PM
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bureau13
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Now that's an interesting business model: Buy a car on BaT that set a record for the marque and then quickly try to flip it for an additional 10-20K? Hmmm...

Originally Posted by GT6ixer
That's not a crazy asking price if it is as good as advertised and a PPI by a knowledgeable 928 mechanic bears that out.

Now if you want to see an outlier price, IMO, go no further than here...

https://www.schmitt.com/inventory/19...sunroof-coupe/

This was BC's '86.5 that sold for $52K on BaT in April of 2016 and in my opinion was single handedly responsible for kicking off a wave of 928s selling on BaT later that summer. It was an outlier then and is still the highest sale price over there for anything other than a GTS.




The current asking price? $64,900! I think cars like this will get there, but IMO it's still a few years at the current pace.



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