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Old 10-31-2007, 10:49 PM
  #16  
Cliff Ruckstuhl
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I used this as a way to get my insurance up where it needs to be. I have my car Insured for $25K not because I think I can get that for it but for the sole purpose of settling a claim incase something bad happens. I took this issue to my Insurance company had them copy their cover and this values. My biggest worry is if something bad happened and the adjuster tried to settle the claim for $10K of less saying it is a 20 year old car. They took pictures to document the exellent condition of the car I now have something published that shows the value.

Cliff 87 S4 Murf # 44
Old 10-31-2007, 10:57 PM
  #17  
IcemanG17
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There are very few of us that could realistically sell our 928's for a "profit" (let me define profit...the purchase price of your 928 with all repairs-upgrades added in)..... Even at $20k I'm still taking it in the shorts!! I am quite confident I could sell it for what I paid for it 3 years ago.....pretty quick too

Bummer I guess I'll just keep it!! :>)
Old 10-31-2007, 11:03 PM
  #18  
Courtshark
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What are the parameters/bases for these prices? What characteristics does a "low" value car posess? If this is at all accurate, I just took it on the chin selling my 87 5spd if the low is $12k... I'd feel like an a$$ if I asked $12k for it, though. It's a project car... no way on earth it's worth $12k as is.
Old 11-01-2007, 12:49 AM
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JPTL
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These valuations are all over the map. For 2007, an '89 "Excellent" GT is valued the same as an '89 S4; and at $15,062, it's $10k less than a '91"Excellent" GT. Show me an "Excellent" '89 GT for $15k and I'm all over it.
No valuation for '90 or '91 S4's either.
Old 11-01-2007, 01:41 AM
  #20  
brutus
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Not even worth commenting on.
Old 11-01-2007, 01:58 AM
  #21  
bernard farquart
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But, I really want my car to be worth what that list says it is worth!

Can't we all just agree never to sell for less that these prices? then it would be a self fullfilling prophecy.

Oh well, I really didn't want to sell anyhow..
Old 11-01-2007, 03:39 AM
  #22  
6mil928
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I'd love my 81 to be valued at that but I too believe they are way to high. Just look at ebay for proof. What do they use to create their value sheet. Jason
Old 11-01-2007, 06:50 AM
  #23  
bronto
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Auction sales are always low and often aren't figured into valuation guides, whether you're talking about cars, houses, antiques, etc. Especially when there is no reserve. That's what's known as a desperation sale, and the buyer takes risks in bidding for a car he has probably not seen. Bids also often reflect the cost of delivery. Real valuations happen when a seller can wait the right buyer, and buyers can be fully informed about the item before making an offer or bid. ebay doesn't qualify.
Old 11-01-2007, 09:42 AM
  #24  
Courtshark
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The principles of supply & demand are the first lesson of Economics.

The second: something is only worth what someone is willing to pay for it.
Old 11-02-2007, 11:16 AM
  #25  
cobalt
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Originally Posted by Ed Hughes
I've never paid a lot of attention to Excellence prices, I think they are a bit optimistically high.
That's funny of the 5 or so different models I follow religiously they are usually 15-25% low. Although recently they showed 914's rising and I know my ex 914 74 2.0l was sold for $14,500.00. This past issue a month or so back said it should be worth that. I also would say GTS pricing IMO looks about right. They were however about 40% too low on the 94 turbos vs the 993TT's and 996TT's. So I still have no idea which hat they are pulling their prices from.

Although their pricing never included immaculate condition cars. Excellent is very relative and they consider wear and tear as part of these cars and still consider them to be Excellent. There are many cars out there that still show to be showroom new and are not part of their pricing guide.
Old 11-10-2007, 11:59 PM
  #26  
LUCKe27
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Originally Posted by cobalt
That's funny of the 5 or so different models I follow religiously they are usually 15-25% low. Although recently they showed 914's rising and I know my ex 914 74 2.0l was sold for $14,500.00. This past issue a month or so back said it should be worth that. I also would say GTS pricing IMO looks about right. They were however about 40% too low on the 94 turbos vs the 993TT's and 996TT's. So I still have no idea which hat they are pulling their prices from.

Although their pricing never included immaculate condition cars. Excellent is very relative and they consider wear and tear as part of these cars and still consider them to be Excellent. There are many cars out there that still show to be showroom new and are not part of their pricing guide.
I would have to agree. Around the Southeast, the list prices at least are much higher than the prices listed here ... and you think these are high?
Old 11-11-2007, 01:12 PM
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blitz928
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The excellence values definitely seem high, But everyone here should be happy with that. Even at these " high" values , these cars are an extraordinary value in my opinion. I'm actually glad at least Excellence believes in the value of these automobiles. But also believe that in the future the real estate investors will start unloading their toys and that may depress the sports car market again, actually it already has, here in the Panhandle of Florida. I've had friends practically give away mototrcycles and sports cars ,due to the insane property tax and insurance costs on real estate we are experiencing here right now. So in other words property values and cost of owning property here, if that's where your money lies may not afford Porsches or other "toys" for that matter.


Matt

87 S4
Old 11-13-2007, 12:18 PM
  #28  
cobalt
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Originally Posted by blitz928
The excellence values definitely seem high, But everyone here should be happy with that. Even at these " high" values , these cars are an extraordinary value in my opinion. I'm actually glad at least Excellence believes in the value of these automobiles. But also believe that in the future the real estate investors will start unloading their toys and that may depress the sports car market again, actually it already has, here in the Panhandle of Florida. I've had friends practically give away mototrcycles and sports cars ,due to the insane property tax and insurance costs on real estate we are experiencing here right now. So in other words property values and cost of owning property here, if that's where your money lies may not afford Porsches or other "toys" for that matter.


Matt

87 S4
Classic Porsche pricing cannot be grouped with newer cars. These prices are most definitely low. People buying and collecting these cars usually don't feel the pressures of the market and will continue to pay up for Excellent examples. This is not the case for newer cars motorcycles and people that have over extended themselves. If the economy gets worse it may have a slight impact but I don't see it impacting the truly exceptional examples of any vintage Porsche.
Old 11-13-2007, 12:40 PM
  #29  
Mogans
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Disappointed to see that he didn't break out the GT's in my model year. So someone looking at this would see my '89 GT at $15,062 and a '90 GT at $23,875, am I reading that right...? Guess I shouldn't care since I'm keeping it anyway.
Old 11-13-2007, 02:13 PM
  #30  
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Gary, that was my point 10 posts earlier. Grouping the '89 GT in with the S4 is what the insurance companies do. It's totally wrong, and doesn't apply to real values.
I know this, because a buddy is going rounds with his insurance company in valuing his '89 GT that had <35k and was in mint condition prior to his unfortunate accident. The insurance company is refusing to move off of using S4's as comps. This 'Market Analysis' doesn't help the '89 GT owners in making the argument of differentiation from non-GT cars.
Many people (not just the '89 GT owners)would actually value an '89 GT higher than subsequent GT's.
I can't recall seeing an "Excellent" '89 GT going for $10k less than a comparable '90 or '91 GT.
I'd love to see how a Club Sport would be valued. I'm guessing $11k or thereabouts.


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