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Price this 968 MO30

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Old 03-23-2002, 09:30 PM
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lehtola
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Post Price this 968 MO30

Found a 94 968 with MO30 option and LSD. 89k miles. Only problem is that the owner is not sure of the pinion bearings being replaced. It has 10 hours of labor on the differential from the porsche dealer service department in 96 but it doesn't mention replacement of pinion bearings. Needs new tires (17 inch) and the rear bumper cover is cracked from where it was towed once and they needed to pull it with a strap. the driver side bolster is worn to the padding and has leather repair on it. asking price is $18K. I would have been willing to offer $15,000 before I saw the rear bumper cover...also...the rotors have groves...what is the cost to turn down those? Pads cost what? and tires? only R rated...not zr this time. oh...one more thing...not sure about the clutch replacement either. HELP!!!
Old 03-24-2002, 03:29 PM
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Jeff95M030
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This is probably not a bad price for an M030 with LSD, although I would get an estimate from a bodyshop on repair/replacement of the rear bumper cover. I paid a bit more than that for mine last year (95K miles, but in excellent overall condition). My rotors were grooved as well, and were too thin to cut, so I spent about $600 replacing the rotors, and I had the calipers rebuilt. OEM replacement rotors are almost $1000, so if you are keeping the car original, be prepared for that cost.

Assuming the pinion bearing repair can be documented, and the bumper cover repair is not significant, the asking price of $18K seems reasonable.

Jeff M - 95 M030 (Track Car)
Old 03-24-2002, 05:56 PM
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Dan968
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Just my humble opinion, but if I found a '94 968 w/M030 and a limited slip running on R rated tires, I'd have some serious questions as to how that car had been maintained and cared for over it's 89,000 miles. If I had to guess, I'd say someone who knew what they were getting bought the car originally and at some point it fell into someone else's hands who had no clue what they were driving. I can't think of any other reason why you would put R rated tires on a M030 car. That person should be taken out back and beaten!
Old 03-25-2002, 09:06 AM
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John Etnier
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[quote]Originally posted by Jeff95M030:
<strong>This is probably not a bad price for an M030 with LSD, although I would get an estimate from a bodyshop...</strong><hr></blockquote>

I dunno. Seems high for a car in such questionable condition. I paid $19,500 for a non-M030 w/48kMi in excellent condition, none of the many problems he mentions. The point about the tire ratings is well worth considering.
Old 03-26-2002, 02:53 AM
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CBass
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Normally, I would say avoid a car with those sort of problems. Then again, as long as it has never been in an accident, the car is still good. The tires are an interesting point, but I'd buy it. Make a key point of the body work to get the price down, also the tires and mechanicals.

968's are a little unknown, but a few years down the line, and you never know, it could be worth $50k. The bumper isn't a big deal, $800 or so from GT, and it saves a fair bit of weight.

<a href="http://www.gt-racing.com" target="_blank">www.gt-racing.com</a>

Finding a good 968 with the M030 is difficult, so consider that before you make your final choice.
Old 03-26-2002, 10:18 PM
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Jeff95M030
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I would agree that a solid 968 M030 is a rare find. I have never been able to pin down the rarity of the M030 option on the 968, but I suspect it is scarce enough that these cars, in good shape, are more valuable than non-M030 cars. Anybody with US-Spec M030 option production figures?

Seems like some of the car rags thought the car was too rough on the road and discouraged folks from buying it unless they planned to race it.

Then again, the market is made sale by sale. Lehtola, if you end up with it, let us know what you pay for it and what kind of shape it's really in.

TKS&gt; Jeff M / 1995 968 M030
Old 03-28-2002, 02:52 AM
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CBass
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I'm pretty sure it's under a 1000. They only made 12,780 968's in total, right? For that low, it's a good buy. Even if it needs a rebuild, it's still a good buy.
Old 03-28-2002, 02:54 AM
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CBass
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Forgot to mention, the transmission in that car is worth about $5000. The suspension is worth $4000. Even if it's a junker, you can part it out for a lot.
Old 03-28-2002, 06:08 PM
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Tom Pultz
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[quote]Originally posted by CBass:
<strong>Forgot to mention, the transmission in that car is worth about $5000. The suspension is worth $4000. Even if it's a junker, you can part it out for a lot.</strong><hr></blockquote>I've never seen a 968 transmission listed for anywhere close to $5000. They normally seem to sell for $2500-3500 depending on condition and whether it has LSD.

I also don't think the suspension is worth $4000. You should be able to duplicate it with new parts for that price.
Old 03-29-2002, 01:54 AM
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CBass
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Yeah, I'm talking factory prices. You won't see that much for used parts, but you'll still see a fair bit.

The message I'm trying to convey is it's a rare car, with expensive parts, for a low price. It might pick up some value in 10 years.

Remember how much AC Cobras were worth in 1970? $5000 for a decent used car. Now, they auction for 200 - 400 thousand!
Old 04-04-2002, 12:43 PM
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H Dog
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I priced out the 968 M030 Club Sport suspension at my local (Berlin Germany) dealer. Total cost was south of $3,000 including the anti roll bars.

Regarding the "R" rating, are you sure? I thought ALL tires had a speed rating -- it just might not be on the size listing on the sidewall, but somewhere else on the sidewall i.e. 205/40R17 and then somewhere else "ZR"...especially with 17 inch tires -- these are relatively new items, introduced long after the ultra low aspect ratio Pirelli P7 came out with their Z rating in the 1980s....Even if they were bottom of the line tires (i.e. Sears Rimprotectors) they'd have at least a "T" rating for 112 mph (180 km/h)... <img src="confused.gif" border="0">
Old 04-05-2002, 01:23 AM
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AD
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I think he may have mis-read the tire. It is possible the "R" could stand for radius.
Old 04-05-2002, 07:09 PM
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CBass
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[quote]Originally posted by H Dog:
<strong>I priced out the 968 M030 Club Sport suspension at my local (Berlin Germany) dealer. Total cost was south of $3,000 including the anti roll bars.
</strong><hr></blockquote>

Yeah, and that's from Germany without a North American dealers huge markup.

I hope the guy buys the car.
Old 04-06-2002, 03:29 AM
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Tom Pultz
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[quote]Originally posted by CBass:
<strong>
Yeah, and that's from Germany without a North American dealers huge markup.
</strong><hr></blockquote>I think if you compared prices in the US to what you pay in Germany you may be surprised to see that they are less expensive in the US because we don't get stuck with the VAT.
Old 04-06-2002, 08:38 PM
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CBass
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True indeed. Do we have to pay the VAT if we get it imported from Germany?

I guess the VAT is pretty high. 18%, right? However, dealer markups can be as high as 100%, especially on rare items like M030.


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