H2

My impression is that the prices for 968s may be dropping. I've seen what appear to be some pretty nice cars selling for about $10k-$14k. Looks like I'll be keeping my practically pristine baby a while. But that's no problem. These are great cars. I trust my 968 more than my 928...and my 928 is practically perfect. I do, however, want a newer 928. That's one reason I bought the '94 968, to get newer technology and a really cool body style. I may never be able to afford a '94GTS 928. You can get a brand new 'vette for about the same money as many of the GTSs are going for.

I'm assuming that the 968s that are selling are pretty high miles or need some work done to bring them up to snuff?

Harvey

saxman

I'm in the market right now, and am seeing lots of cars in that price range in pretty good shape...

i.e. I'm looking into a 92 with 60k miles that just had the 60k service done, appears in good shape(we'll see what the ppi says), etc... seller is asking $15k


I've seen some with around 100-130k going in the $12k range in good shape, etc.

RajDatta

I think in general, they have gone down approx $2-2.5K across the board. Its definitely noticeable. It only matters if you are buying or selling .
Regards.
Raj

whakiewes

While trying to sell my car, I was amazed at the offers I would recieve. My car is no pristine example, its a driver, but its also in pretty good shape for a 92' with 160k. I posted mine at 10.5K with a couple of modifications and I couldn't get a bite for anything over 8.5k. While looking at others, it seems that 92' is the worst year to own for value. KBB ups the value of a 93 over a 92 with the same miles and options $1500 in my area. When I bought my car there was nothing available with in reason to what I paid, which is one of the reasons I got it when I do. I would have waited and bought a nice 94/5 with an LSD, but at the price I couldn't pass. No problems, maitenence is perfect and I couldn't get a penny over $8.5k.

On the flip side, there are some nice examples for little money if your in the buying market. There is a pretty good looking black/tan cabrio with 60k miles on it on Ebay with a BIN of 12.9k. Via emails the owner claims its been perfectly maintained with receipts. I am in the same boat. I will hold on to mine until the values start to climb. With only some 5000 imported 968's, probably 4000 or less still on the road, they will appreciate. I am just hoping that they don't depreciate to the point where they become trash Porsches.

Wes

saxman

one thing I've noticed is that there are very few coupes for sale right now. I'm having a hell of a time finding a mid milage coupe. Lots of cabrios for sale.

BruceWard

The $12.5K Black cab on ebay has mileage issues.

See this http://65.61.16.109/forum/topic.asp?TOPIC_ID=12848

richard glickel.

Well, I just sold my white '95 coupe w/54k miles for $19.5k. Rennlist ad no. 4839. The car is very nice and everything works (also has new brakes, brake lines and battery). Needs new tires.

I'm on my way to sign over the title as soon as I sign off here.

It took a while (for sale since February) and I had to put up with various "tire kickers", but the fellow who is buying the car has owned Porsches and is somewhat knowledgeable about the cars and just fell in love with the thing after seeing it in person.

So now I'm down to two Porsches.

SD Porsche Fan

Tied to the drop in Boxster prices since most 968s are cabs?

richard glickel

Most 968's are NOT cabs.

Total production between 1992 and 1995 was 12,776, of which 4,389 were cabriolets.

A total of 4,665 968's were sold to the US market. Of those, 2,248 nearly (but not quite) 1/2 of the US cars were cabs, making the 968 coupe a fairly rare vehicle in the US.

In August a well known owner/collector/racer of 944 turbo cup cars advised against my selling the white car as he believe the 968 coupe will continue to appreciate in value and good examples are becoming more rare with each passing year. Well, I hope I won't regret this sale, but if I can put the money towards a nice (used) enclosed trailer, that will go a ways towards making my track life a lot easier.

H2

I've seen fotos of Richard's white 968 and it's one of the nicest I've ever seen. I think examples like these will hold their value in about any market. Someone who wants one in that condition will probably get a great deal. It sure beats buying a $12K-$14K beater w/high miles and throwing money at it. If you want a car that's been very well taken care of, I think Glickel's would be one of the better ones you could find. He's a meticulous buyer. I came close to buying it from him myself at one time but it was winter and getting it back to Idaho would have been a chore. Bad timing. I figured he had sold it but it sounds like he has mixed feelings like me...it's hard to part with a car you know you'd have a difficult time replacing for the money.

My black on black 968 coupe is perhaps as good mechanically, and probably the interior, but it's not as nice on the outside as the Glickel car's beautiful white's body. I'd take $17,500 for mine in order to buy another 928. I wouldn't take less than that since it's in such great shape. I'm not really advertising it much though since I know I'd kick myself for letting such a nice car go. Either way, I'm getting another 928...as soon as I can convince my wife that I have parking room for another sports car. Maybe she'll sideswipe a telephone pole with her Ricer and feel bad enough about it to let me go for another?

Harvey

richard glickel

Harvey,

The white car's been sold, signed over the title this evening as a matter of fact.

I like the purchaser, very nice guy, and he will continue to have the car serviced by the same mechanic who's worked on my other 968's, including my current red PCA "F" class racer (a/k/a "Amy").

Richard

H2

Richard,

Hope you don't regret it. No matter what the person paid for it, s/he got one fine car!

Harvey

H2

Oops...sorry...sounds like a GUY bought it. Lucky him. He's probably red-lining it right now!

H2

SD Porsche Fan

My mistake. I guess I was thinking that since a cab is considered somewhat of an upgrade from a coupe and Boxster prices dropping like a rock that is bringing the resale down. Joe Blow looking for a drop top for the wife is comparing a 968 cab to a Boxster that is a couple of years newer and has that "911 look" for about the same price or even a little less is probably going with the Boxster. That and there are a ton of them on the market.

A 968 coupe with LSD will always be valuable to a serious enthusiast.

bobbigham

Based on information I found, the later year 968's, cabs with low miles and excellent condition are very good collectibles, and should actually expect to see a small increase in price over the next few years.