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Good deal? 1990 911 C4 Cabriolet W/19,000 Actual Miles

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Old 12-08-2013, 01:54 PM
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CLASSIC MUSCLE
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Default Good deal? 1990 911 C4 Cabriolet W/19,000 Actual Miles

I have seen this car is person and it's MINT. Seller was a wholesaler but had purchased it from the original owner. I passed on this car about 2-3 months ago, mainly because my buddy, a self proclaimed Porsche "expert" told me:

1) 1990 was a bad year for the 911, especially since it was the first time all wheel drive was offered--he claimed they have a lot of issues and people stay away from these years. He said I might get "stuck with" the car if I decided to sell it.
2) He claimed the Grey Metallic over White color combo really hurt the car to Porsche lovers and was not desirable. In contrast, I was thinking it was actually a great color combo that would do well.

What's it worth? I may still be able to track down the car. Pics below:

[url=http://www.flickr.com/photos/97985730@N02/11273130765/]
http://www.flickr.com/photos/97985730@N02/11273232593/http://www.flickr.com/photos/97985730@N02/11273232593/http://www.flickr.com/photos/97985730@N02/11273967375/http://www.flickr.com/photos/97985730@N02/11273967375/

Last edited by CLASSIC MUSCLE; 12-08-2013 at 02:15 PM.
Old 12-08-2013, 02:19 PM
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vagluv
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both of your friends statements are incorrect 89 was the first year, and thats a desirable color combo.

as for what its worth... was it less than 30k?
Old 12-08-2013, 02:41 PM
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CLASSIC MUSCLE
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Seller was asking $35,900. I've bought a car from him before and he would've probably taken $33-34K for it. On eBay I see a lot of dealers asking crazy money low mileage air cooled cars and I see them asking $25-28K for a car like this with 80,000+ miles. My thoughts now are that asking $45,000 or so for this car wouldn't have been crazy.
Old 12-08-2013, 02:51 PM
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vagluv
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i haven't seen that many low mileage C4s, but they are not as desirable as C2s. $33-34k would probably be good money on this car. $45k seems high to me.
Old 12-08-2013, 02:54 PM
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CLASSIC MUSCLE
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Originally Posted by vagluv
i haven't seen that many low mileage C4s, but they are not as desirable as C2s. $33-34k would probably be good money on this car. $45k seems high to me.
So, in 964s, the C2s now bring more than the C4s, even though the C4s would've originally been an upgrade option over the C2 and more expensive? Is that correct? Why? Problems with the C4s? Does this C4/C2 price discrepancy also apply to the 993/996/997 cars?
Old 12-08-2013, 02:56 PM
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There is no such thing as a bad year for the 911 964. These are very desirable cars with limited production numbers, who's value is currently increasing. There are really not many issues with the 1990 or any other year of the 964. The AWD system was first used in 1989 in the C4 and was one of the most advanced designs for the time. You rarely hear of anyone having a problem with it, and many have said it is basically bulletproof and that Porsche did it right the first time. It makes the car much safer in all driving conditions and allows it to out perform conventional rear wheel drive when cornering. The only other issue for some is oil leaks, but for the most part it is usually very minor and doesn't affect the performance of the car. The colour combo is also rare and very desirable.

I'm sure it would be sold by now if priced right and you may regret having passed on this car.
Old 12-08-2013, 03:32 PM
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nathan1
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It looks like a nice car and would be a good example to own, but if your intent is simply to resell it I don't think there is huge upside potential there, maybe a few $$ if you market it really well and are willing to be patient.

Color combo I think is good. Slate gray is highly desirable, light interior less so but not a deal breaker. Would be better with black, but overall the outside color and low miles means that probably won't factor.

In terms of C4 vs. C2, yet C4's were more $$ when new but less desired used. People can argue all day long about the merits of the system, reliability, service costs, etc but the market speaks. C2=more valuable

The only issue is that many people would be concerned that an early 964 with that low of mileage might not have had some of the known potential issues addressed such as the clutch/flywheel, cylinder head base gaskets, etc. Google the 1989.5-mid 1991 964 problem areas and you will see these discussed in detail.

I personally like the car (minus the wheels) and if I was offered the car in the lower $30's, the motor was dry and it had all its documentation I would buy it.
Old 12-08-2013, 03:37 PM
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CLASSIC MUSCLE
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Thanks Nathan. Would you say the C2 V C4 argument would also apply to newer Porsches, like the 993/996/997, or in those cars does the C4 hold its value better versus the C2?
Old 12-08-2013, 03:57 PM
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Based on the market costs I've researched there is not much of a difference in the value between the C2 and the C4. It's really is a matter of preference.

Also, noteworthy is the 964 C2s are more common as around 70% more were produced compared to the 964 C4s.
Old 12-08-2013, 04:28 PM
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given the nice color, one owner with low miles, you wouldnt have gone wrong in the low $30s.

you can throw a C4 in any which way in confidence
Old 12-08-2013, 05:07 PM
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nathan1
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Originally Posted by CLASSIC MUSCLE
Thanks Nathan. Would you say the C2 V C4 argument would also apply to newer Porsches, like the 993/996/997, or in those cars does the C4 hold its value better versus th C2?
Market Values:
964- C2 >C4
993NB- C2=C4
993- C4S> C2 or C4
993- C2S>C4S
996NB- C2=C4
996 C4S>996NB
997 C4>997C2
997 C2S>997 C4
997 C4S>997 C2S

These #'s in no way represent the subjective merits of each configuration, merely the market pricing. Of course every car is unique so pricing is driven primarily in condition, miles, color combo, history, options, etc. This is assuming apples to apples cars.



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