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-   -   944 Turbo values are at "Rock Bottom" (https://rennlist.com/forums/944-turbo-and-turbo-s-forum/1294856-944-turbo-values-are-at-rock-bottom.html)

ElRicardo 03-25-2022 04:47 PM

944 Turbo values are at "Rock Bottom"
 
I just read through the the article on the Rennlist homepage that discusses 6 Porsche models that can be had for cheap. I can't comment on the other 5, but the 944 Turbo is quoted "Danger says that while values are rock bottom, they’re likely to rise again soon as the car confirms classic status." I don't know where the author would be finding these cars at "rock bottom", but good-to-great examples of 944 Turbos have been increasing like crazy over the past 5 years, the past 3 in particular! I would say that 10 years ago, maybe even fewer, good examples could be had all day for $6k or less. Now good examples typically go ho high teens, low to mid $20's and up from there for exceptional examples.

Glue Guy 03-25-2022 10:44 PM

I tend to agree, in that the car is undervalued. Low production numbers and great performance for its time. A drivers car. And so easily modded for better performance. Values of the 951 don’t seem to have escalated like those of other Porsches or reasonably competitive cars that offer similar characteristics.

Dan Martinic 03-26-2022 12:05 PM

If the 924/944/951 series remained as VW, they would have appreciated significantly and immediately after production, similar to the Corrado.

As a Porsche, although a 951 cost was similar to a base 911, the transaxle cars were perceptively challenged vs. the 911. Correctly or not, the perception has stuck

Millermatic 03-26-2022 06:33 PM

Not that “Bring a Trailer” is the best guide... but 951 prices there have been heading northward rather dramatically. Prices are hardly at “rock bottom.”

There’s no way I could find my car now for what I paid for it 3 years ago.

Droops83 03-26-2022 09:19 PM

I rarely wade into discussions of what cars are worth or should be worth, mostly because I find the topic stomach-churning. Cars are for driving, not speculating!

That said, a rough 944 Turbo goes for about the same amount of money that it did in 2007 when I first bought my '86. The difference is that collectors will now pay a LOT of money for really nice, original, low-mileage examples. A rising tide does not lift all boats as it seems to in the air-cooled Porsche world. And I am OK with that! I am glad that a 944 Turbo can still be a relatively affordable fun car for normal working people. Sure, they can cost a lot in parts and time and labor, but that's another topic . . . .

ElRicardo 03-26-2022 10:56 PM

I would agree that all prices are relative, but I was not speaking as an investment, just that prices have been soaring over the past 5 years, and asa previous poster stated, the last 3 years have been crazy!!!

Dan Martinic 03-27-2022 12:55 AM

I bought my 951 in 2008 for $8500 USD at 69k US miles.. it's almost 190k miles now and I recently got a re-appraisal for insurance at $20,000 CAD. I doubt I'd get that but if I could get what I paid for it, that would be something!

However.. I suspect by the time I'm done with it, it will be worth only its weight in metal lol

Turbodan 03-27-2022 04:34 PM

prices for parts for 944 turbos have skyrocketed! some of these parts are just stupid expensive! good thing they are great cars though!

BLUE952 03-28-2022 05:20 AM

Here in Australia prices are much higher probably due to the fact we only got 188 turbos here from 1986-90 inclusive.
the cheapest 86 turbo ive seen recently here was about $36,000 USD.
i know of 2 nice but not concourse 89 and 90 turbos that very recently sold for about $57,000 USD each.
we have had a muscle car boom here for 10 years with no signs of slowing which is pushing everything decent up in value.

GPA951s 03-28-2022 07:56 AM


Originally Posted by Turbodan (Post 18054053)
prices for parts for 944 turbos have skyrocketed! some of these parts are just stupid expensive! good thing they are great cars though!


ill bite what parts? Ok ill give ya water pump.. but what else?

Millermatic 03-28-2022 08:19 AM


Originally Posted by GPA951s (Post 18054846)
ill bite what parts? Ok ill give ya water pump.. but what else?

Fuel pressure regulators and dampers? Idle control valves? Oil pressure release valves? Turbo water pumps? Engine mounts?

You wouldn’t think they would be _that_ expensive.

GPA951s 03-28-2022 08:44 AM


Originally Posted by Millermatic (Post 18054858)
Fuel pressure regulators and dampers? Idle control valves? Oil pressure release valves? Turbo water pumps? Engine mounts?

You wouldn’t think they would be _that_ expensive.

ah that explains it.. all the parts that are “ not used” on my racecar… no damper.. no isv.. no turbo water pump.. i did get an oprv but those were always expensive from day 1 .. i stopped at BK for the first time in years yesterday. What was 5. 50 last time i was there in now $15.00 wow… 3x as expensive… funny , i dont remember getting a 3x raise in pay?

Turbodan 03-28-2022 12:03 PM

even the tow hooks which used to be $15 are like $180 now. all the parts have increased.

Gbos1 03-28-2022 12:13 PM


Originally Posted by Turbodan (Post 18055199)
even the tow hooks which used to be $15 are like $180 now. all the parts have increased.


Everything has increased! Try owning a 993! Parts are through the Stratosphere! I about have a heart attack if I need to order parts for that!

ElRicardo 03-28-2022 01:00 PM

I may need to export my 951 to Australia! OK, so I'll bite, what do you all think a "high good" (7-8/10 scale) 951 with high 5-figure mileage will go for in 3 years in USA? Speculate now! My 951 meets those specifications (if just barely on mileage) and I have have it insured for $25K with American National. I wonder if I should up this? That was the highest they would allow without an "appraisal".


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