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1983 Euro for sale....California registered!

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Old 05-13-2016, 12:29 PM
  #16  
docmirror
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Originally Posted by GregBBRD
Yes. I'm fairly certain your math will be.....your math.

My point was that the Euros on CL that you are talking about were $2000 cars two years ago. Now they are $6,000 cars. The market has already doubled....

If I told you, last year, that I was going to sell a 1986 928 for 52K, you would have thought I was crazy....yet one just did. Is that price double what it would have been 2 years ago?

Absolutely!

Im thinking that perhaps you should sell everything 928 now, before the price drops even more....
Hmmmm, using the outlier of the market to justify your position? How many examples do you want of my market position, cuz I can provide dozens.
Old 05-13-2016, 12:37 PM
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Originally Posted by docmirror
cuz I can provide dozens.
You can provide dozens of gray market EuroS cars that have been 100% legally certified in the state of California that have sold recently?
Old 05-13-2016, 01:46 PM
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Originally Posted by docmirror
So, he waits 8 years, and the prices does double. Now the selling price is up to $60k after 8 years of waiting. Seems like the guy is now out $40 large, and 8 years of lost opportunity on investment capital?

Do I have this right? Is my maths correct?
I think you just explained the Willhoit business model.
Old 05-13-2016, 02:38 PM
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There is math and then there is PORSCHE math !! new 911 cabriolet sells for $100,000 an 8 year old 911 is 30,000-50,000. Porsche finds about 11,000 people in the United States who see that as a "good deal" a YEAR !!! So making money on Porsches is NOT what drives the decision about what someone wants to own, drive, be seen in....If you like 928s and have the money some will opt to spend it to drive what they WANT ! And it helps to keep in mind that the average new car is now about $33,000 and in 8 years is worth maybe $5,000 that is the new NORMAL and if financed can cost more like $45,000. Most people most of the time do not make money on cars.
When the CEO of AARP makes over two million per year you can figure she drives what ever she wants ...... There are a lot of very highly compensated people today. A $100,000 car is not all that unusual. You can drop $75,000 - 85,000 on a Tesla in a flash.....with no idea what it will be worth in 8 years
Old 05-13-2016, 05:29 PM
  #20  
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Originally Posted by GregBBRD
Yes. I'm fairly certain your math will be.....your math.

My point was that the Euros on CL that you are talking about were $2000 cars two years ago. Now they are $6,000 cars. The market has already doubled....

If I told you, last year, that I was going to sell a 1986 928 for 52K, you would have thought I was crazy....yet one just did. Is that price double what it would have been 2 years ago?

Absolutely!

Im thinking that perhaps you should sell everything 928 now, before the price drops even more....
Not all 928 prices doubled. Only the cheap ****ty ones did, the rest when up by a bit. The 300hp Euros were always a lot more than $2K. The rare low mileage ones will always be worth a lot more anyways so no point bringing them into the discussion.
Old 05-13-2016, 06:52 PM
  #21  
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Bottom line to me as a newbie to 928s. Is an '83 Euro S that runs great and shifts nicely, including an original radio/wheels, and has Greg Brown's support for ownership worth it at $15k? Not sure, but Greg did point out that 15k is a soft target and guy is willing to listen/negotiate.

I think it is nice for Greg to point out certain deals to be had and I don't think he would put his reputation behind a car just because it came through his shop.

Rennlisters come first for a chance to buy it is how I interpet this thread.
Old 05-13-2016, 10:25 PM
  #22  
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Hey, I went the extra mile. I ponied up $5k when my usual price is $2-3k-ish. I thought it was a generous deal but no - all I got was shilt on, and denigrated. So - I withdraw my generous $5k offer. So there.
Old 05-15-2016, 12:38 AM
  #23  
hlee96
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Here's the car...

https://orangecounty.craigslist.org/cto/5586620510.html
Old 05-18-2016, 01:24 AM
  #24  
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Time to buy a cheap Euro was maybe 5 years ago. Makes me think twice about sending my 84 Euro with Calif BAR sticker chassis off to scrap when the last few parts are off of it.

Smog history is perfect on this car, no fails and every two years right on time, a driven car.

License or VIN: 3nrb160

Vehicle Information
STAR Certification Required Program Area
NO Enhanced
Number of Tests Found = 10
Test Records
Make Model Year Date / Time Pass / Fail Certificate
PORSC 928 1983 11/19/2014 12:24 p.m. P YL588475C
PORSC 928 1983 11/20/2012 11:06 a.m. P XN770126C
PORSC 928 1983 11/17/2010 01:43 p.m. P WP486491C
PORSC 928 1983 11/19/2008 10:57 a.m. P VV176810C
PORSC 928 1983 11/14/2006 02:29 p.m. P VB884981C
PORSC 928 1983 11/17/2004 01:56 p.m. P FQ378687C
PORSC 928 1983 11/13/2002 01:07 p.m. P EU749411C
PORSC 928 1983 11/11/2000 08:59 a.m. P DZ986609C
PORSC 928 1983 08/19/1998 03:36 p.m. P DD075403C
PORSC 928 1983 08/06/1996 10:14 a.m. P BN958707C



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