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964 Cup cars, where are they?

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Old 12-18-2010, 10:07 PM
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Minoclan
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Default 964 Cup cars, where are they?

What happened to all of the 964 cup cars? I only see one for sale on the 964 Registry for $75,000. I thought that when a lot of people moved to spec Boxster that I would find one for a reasonably low price.
Old 12-18-2010, 10:15 PM
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fapena
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I know of one in really good condition with a motivated seller. Just helping a friend. PM me if interested.

Thanks

FAP
Old 12-18-2010, 11:44 PM
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38D
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Originally Posted by Minoclan
What happened to all of the 964 cup cars? I only see one for sale on the 964 Registry for $75,000. I thought that when a lot of people moved to spec Boxster that I would find one for a reasonably low price.
Why would you think they'd drop in value? Just because many of us moved classes doesn't mean we'll dump the cars at bargain basement prices. There were only 290 of made after all.
Old 12-19-2010, 12:34 AM
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Minoclan
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I didn't think that you were going to "dump" them, but I expected to see a few of them mixed in with the plethora of 996 cups.
Old 12-19-2010, 08:40 AM
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Mine is in the garage. (ex RDM Racing Tabler car).

75 seems high, I was thinking 55 was a reasonable asking price.
Old 12-19-2010, 09:19 AM
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Minoclan
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Originally Posted by ltc
75 seems high, I was thinking 55 was a reasonable asking price.
I agree. I was thinking that based on the economy, and the 996 cup prices getting hit so hard that I would see cars in the $45-55 range. I noticed after I posted this that there are a few on the PCA website. None are on RL.
Old 12-19-2010, 10:57 AM
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The issue is that there are very few of these cars total, and even fewer in the US. In Europe, they sell in the 55k+ euros range, which is 70k USD. Add in 5k to import the car, and you're looking at 75k to get a car from europe. So that leave the ~20 964 cups that are in the US. Btw, both Jeff Burger's and Andy Jenks former cars were sold to buyers in europe.

Now that assumes a good condition, all original car: aluminum hood, original suspension components, cup engine & trans, etc. The white car on PCA may be a cup, but it has little "cup" value as its been converted to a 993 race car. The blue car on PCA appears to be in good shape, and the asking price of 69k reflects this.

Anyway, you very well may find a good deal on a car, but I personally don't think 996 cup prices have anything to do with the 964 cup market.
Old 12-19-2010, 11:23 AM
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Originally Posted by 38D
The issue is that there are very few of these cars total, and even fewer in the US. In Europe, they sell in the 55k+ euros range, which is 70k USD. Add in 5k to import the car, and you're looking at 75k to get a car from europe. So that leave the ~20 964 cups that are in the US. Btw, both Jeff Burger's and Andy Jenks former cars were sold to buyers in europe.

Now that assumes a good condition, all original car: aluminum hood, original suspension components, cup engine & trans, etc. The white car on PCA may be a cup, but it has little "cup" value as its been converted to a 993 race car. The blue car on PCA appears to be in good shape, and the asking price of 69k reflects this.

Anyway, you very well may find a good deal on a car, but I personally don't think 996 cup prices have anything to do with the 964 cup market.
Great answer, thanks.
Old 12-19-2010, 06:20 PM
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Originally Posted by Minoclan
I agree. I was thinking that based on the economy, and the 996 cup prices getting hit so hard that I would see cars in the $45-55 range. I noticed after I posted this that there are a few on the PCA website. None are on RL.
there are no 45k cup cars.
those are beat up cars.
there are many ppl talking about cup cars getting cheap. there's a difference b/n a car that's virgin and a car that's been around the block a few times.

i am not talking about winning car or not. you can have a car, retubbed, banged up on every panel, but fixed and still win

you can have a virgin car that's nice and also win.

one car is 70, the other is 100, yes, 100k for a 996 cup.
u get what you pay for.

many ppl buy 996cup as appliance
most ppl buy 964 and 993 cup as history.
i am not judging the prowess of these cars. but that's what i have observed over the last 6 years following cup prices and talking to owners.
Old 12-19-2010, 06:25 PM
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Originally Posted by mooty
many ppl buy 996cup as appliance
most ppl buy 964 and 993 cup as history.
I would 100% agree with this. There are so many more 996 cups around, they a the best value out there to go that fast. The 964 and 993 cups are rare so its hard to want to race them at 10/10ths anymore.
Old 12-19-2010, 07:16 PM
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You can spend $15-20K in a heartbeat bringing a beat up cup car back to race worthy standards...996,993 0r 964...there are no cheap ones...There are cars that have a lower initial acquisition price. Pay now or pay later. Mine gets driven a few times per year and it is in terrific shape and original. I wouldn't sell it for $55 or $75K because I stll have fun driving it now and then.
Old 12-19-2010, 07:45 PM
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Interesting thread. I'm not aware of many track cars, except the ultra rare not being impacted by the downturn in the economy. Perhaps as the economy stablizes a bit more there might be a leveling of prices. I'm not aware of anyone who's sold a car recently that didn't have to sell for less than expected or what it would have commanded a couple of years ago. The bottom line is "Value" is a relative term and is established by the market at the time one wants to dispose of ther specific asset.
Old 12-19-2010, 08:49 PM
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^ clearly all prices are down, race car, street car....
but the price drop curve is shallower on 964 993 cups simply b/c the are fewer of them.
this is the time to buy for sure, whatever it may be... from cars to real estate.
Old 12-19-2010, 11:15 PM
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If I had say $65-$70K to spend on a track car, I would grab a 964 Cup. I don't blame the guys that have them not wanting to sell them. They will only go up in value. It would look really nice sitting in the garage next to my 93.
Old 12-21-2010, 04:49 PM
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Originally Posted by 93 FireHawk 968
...I'm not aware of anyone who's sold a car recently that didn't have to sell for less than expected or what it would have commanded a couple of years ago. The bottom line is "Value" is a relative term and is established by the market at the time one wants to dispose of ther specific asset.
True. But I think the difference is that the guys that own the 964 cups will just hang on to them rather than sell them for what may be perceived as a depressed price based on the economy. There may be a 964 cup owner who is forced to sell due to their individual circumstances, but by and large, I think the 964 cup owners as a group are in for the long haul and will just sit tight through any economic downturn. Just my 2 cents from the cheap seats. I can't afford one anyway!


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