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hammers at $120K with 50k miles.
from the description: "An accompanying service invoice indicates oil seepage around the oil level sensor, bank one valve cover, and timing covers."
nice to see a lightly modded car bring that kind of money.
It's become a thing lately, folks seem to be expecting all of the "usual mods" - short shift / newer, lower suspension, etc. It's a nice clean example, but jeez... that price is "bananas" for black-on-black and 50K miles. The mods (5K worth of parts?) definitely don't explain the price. Reading through the service history is funny though "customer says horn goes off when going over bumps and they have removed the fuse". Seeing that, and many of the other labor charges makes me so glad I can DIY (and enjoy it).
hammers at $120K with 50k miles.
from the description: "An accompanying service invoice indicates oil seepage around the oil level sensor, bank one valve cover, and timing covers."
notice the seller is 911R who usually gets a higher hammer price than normal bc of his great reputation and his Porsche repair shop goes through everything he sells and his photographer is very talented. People pay more to purchase cars from him. His shop is about 20 miles from where I live and he's a great guy, has top quality Porsche mechanics in a great shop and he races Porsches as well.
Last edited by RockstarBruski; 06-22-2023 at 01:14 AM.
I think I probably bought my 993 back just in time.
Seller reputation can make a big difference on BaT- I’m hoping the cars and parts I’ve successfully sold there (including my Craigslist 962 nose) will help the results on the NSX I’ve just listed at no reserve.
notice the seller is 911R who usually gets a higher hammer price than normal bc of his great reputation and his Porsche repair shop goes through everything he sells and his photographer is very talented. People pay more to purchase cars from him. His shop is about 20 miles from where I live and he's a great guy, has top quality Porsche mechanics in a great shop and he races Porsches as well.
993 S models increase the average and of course a 964 C2's are much more expensive than C4's.
Tiptronics and cabrios of course bring the average down considerably. But the price difference between coupe and cabrio isn't nearly as big as it is in the States (for both models).
I'd say there's a good case to be made that if you account for inflation then all these price increases are basically zero. With the exception of the odd blip in the 993 market in late 2015 - early 2016, the above charts track pretty well to euro-zone inflation. People are effectively not valuing the cars any more today than they did in 2016 - when compared with other goods in their lives. I.e., the cars aren't more valuable, the euro (and dollar) is less valuable!
EDIT: Fixed the pasted in image!
Last edited by CosmosMoon; 06-24-2023 at 07:49 AM.
Yes that is true but on the other hand the real estate has gone down. Even the nominal values. Then add inflation on top of that.
That has been pretty dramatic. How do I know? I'm a real estate agent.
This time the inflation is just cost inflation and the purchasing power has gone down. Actually it's called stagflation as the salaries aren't keeping up.
All this considered these cars are doing well. So far.