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Would you pay 55K for my 1992 c2?

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Old 01-02-2020, 03:49 AM
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911ren20
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Default Would you pay 55K for my 1992 c2?

I posted the car to for sale forum

Last edited by 911ren20; 05-18-2020 at 02:39 AM.
Old 01-02-2020, 06:33 AM
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newsboy
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With 50K on original motor, you would probably be due for at least a top end rebuild. Think 45k is more realistic.
Old 01-02-2020, 09:48 AM
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911Jetta
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Originally Posted by 911ren20
I've owned my car for 7 years. When I first bought it, I knew it was something special. This car has brought me joy in driving. Also, It had brought me many friends. I've met great people in the Porsche community. 7 years went by like a blink of an eye...
Great ownership example! Sounds like you had a strong 964 ownership experience...you got your monies' worth.
Nice write up, love the mods and look of the car.

Originally Posted by newsboy
With 50K on original motor, you would probably be due for at least a top end rebuild. Think 45k is more realistic.
Kinda of a random comment, with random numbers.
Old 01-02-2020, 10:00 AM
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spartansix
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Interior shots? Based on the condition, I think your asking price may be reasonable.
Old 01-02-2020, 10:37 AM
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cjoenck
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Maybe this will help as another piece of information. From the latest edition of Excellence-page 71
Name:  photo315.jpg
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Old 01-02-2020, 11:02 AM
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911ren20
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Originally Posted by spartansix
Interior shots? Based on the condition, I think your asking price may be reasonable.
Don't have good interior shots yet. I will do a proper photoshoot with details.
Old 01-02-2020, 12:50 PM
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cobalt
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Originally Posted by newsboy
With 50K on original motor, you would probably be due for at least a top end rebuild. Think 45k is more realistic.
Maybe if it is an early 89-mid year 91 engine but most later model (this being a 92) engines I see need little more than a reseal and is dependent on leak down and compression numbers. This engine has 165k miles so he claims so a test of the engine first would be a consideration.

Originally Posted by cjoenck
Maybe this will help as another piece of information. From the latest edition of Excellence-page 71
Attachment 1311199
I have never understood how Excellence and Hagerty come up with their numbers. I know they claim auction sales and other data points. I follow the market pretty closely and these numbers are far from what I consider accurate. They group the early and late MY cars together and we all know that a late MY 964 will command a premium over an early no matter what variation it is based on the numerous upgrades and improvements they made over the production years. IMO these numbers are about >20% low and A solid 964 coupe will command a strong premium over a solid 993 unless it is an S version and then they are still less than a comparable RSA. Find me an excellent condition needs little 964 coupe C2 for $60k and I can sell a ton of them for a profit over that price.

Depending on the car itself, If it has original paint, any accident damage, deferred maintenance etc and what was done. $55k is the going rate maybe a bit more. If leak down and compression numbers are solid I would say add $10k assuming all else is good.

They made only 655 92 C2/C4 coupes in US spec and these are harder to find in good condition. There are so few coupes left so don't sell it short. There are more lookers/lurkers than sellers but most I see are in far from decent condition irrespective of miles and usually need $20k+ in maintenance and or cosmetic work on top of their $55k+ selling price. The numbers posted In Excellence and hagerty do not reflect this and most who I see spend $55k on a coupe end up dropping another $30-50k into them eventually.

The $30k for average condition coupe is laughable and I would buy them all day long at that price assuming they aren't damaged goods.
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Old 01-02-2020, 12:54 PM
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jcsomerv
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This may help too.. currently at $55K and ending shortly... https://bringatrailer.com/listing/19...-carrera-2-27/

Also have a look here, https://bringatrailer.com/porsche/964/ ... scroll down 1 page and find results of 154 BAT 964 sales back to 2015 ... Carrera 2, 5-speed coupes are bringing strong money this year.

Last edited by jcsomerv; 01-02-2020 at 01:18 PM.
Old 01-02-2020, 01:07 PM
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cobalt
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Originally Posted by jcsomerv
This may help too.. currently at $55K and ending shortly... https://bringatrailer.com/listing/19...-carrera-2-27/

So it being an early engine 91 964 with 30k less miles than the 92 on what appears to be an original engine IMO makes it worth less than a 92 with higher miles. The 92 also has a nice selection of upgrades. If it came with the original parts it would be worth more for having both. The 91 on BaT could have any number of miles considering the fill respray. So this is strong money for a car with lots of ???. Figure if the engine needs a top end for a 91 adding another $20k min in the future on a rebuild so all in for a min of $75k.
Old 01-02-2020, 02:34 PM
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Matt Andrews
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pay a reputable shop to do a PPI. if the car truly needs nothing, and you can back that up with their 3rd party data, this is more than a $50k car. This is not questioning you, but helping you stand out from the pack. People who know these cars don't believe the "needs nothing" claims of sellers. Post it in a couple places and be patient. I sold a 94 C2 9 mos ago and several people questioned the pricing. Had several low ball offers, then 3 weeks after posting someone called and bought the car that day. It only takes 1 buyer. And there isn't a lot of inventory to choose from...
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Old 01-02-2020, 02:42 PM
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911ren20
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Thanks Matt, I was aware of your car. One of the best examples sold recently.

Originally Posted by Matt Andrews
pay a reputable shop to do a PPI. if the car truly needs nothing, and you can back that up with their 3rd party data, this is more than a $50k car. This is not questioning you, but helping you stand out from the pack. People who know these cars don't believe the "needs nothing" claims of sellers. Post it in a couple places and be patient. I sold a 94 C2 9 mos ago and several people questioned the pricing. Had several low ball offers, then 3 weeks after posting someone called and bought the car that day. It only takes 1 buyer. And there isn't a lot of inventory to choose from...
Old 01-02-2020, 02:50 PM
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911ren20
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Tony, If only everyone understands this.

Originally Posted by cobalt
So it being an early engine 91 964 with 30k less miles than the 92 on what appears to be an original engine IMO makes it worth less than a 92 with higher miles. The 92 also has a nice selection of upgrades. If it came with the original parts it would be worth more for having both. The 91 on BaT could have any number of miles considering the fill respray. So this is strong money for a car with lots of ???. Figure if the engine needs a top end for a 91 adding another $20k min in the future on a rebuild so all in for a min of $75k.
Old 01-02-2020, 02:51 PM
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misterbeverlyhills
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Add $10k for 993 door handles.......
Old 01-02-2020, 04:35 PM
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stutt911
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Originally Posted by newsboy
With 50K on original motor, you would probably be due for at least a top end rebuild. Think 45k is more realistic.

exactly, and that would even be pushing it, I’d think $40,000 from the pics and the color , $55,000 for 165,000 mile 964 is dreamer Territorry , people keep quoting BAT as if it’s simple and easy selling a car on BAT. The guys getting top dollar there are getting it based not only on their cars but on their reputation.
Old 01-02-2020, 04:41 PM
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Walt
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Nice upgrades but at 165K I think in the area of 45K would be more reasonable. I guess a lot depends on how fast you want to move it.


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