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2007 Excellence 968 Values
#1

Well, Bruce Anderson has published his latest shot. As always, take these at face value as one part of the valuation question. Generally his numbers show a depreciation from last year of $1,000 to $1,500 for coupes and $1,500 to $2,000 for cabriolets.



I have only posted the 2006 'excellent' condition values - mostly out of laziness.



Coupe

1992 $14275

1993 15225

1994 16513

1995 18225



Cabriolet

1992 $18200

1993 19575

1994 21600

1995 23338



Interestingly, or annoyingly, 951 and 944S2 values are starting to creeping up.
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#2

Damn..those cab prices are way into Boxter territory
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#3

yeah - we'll continue to see this happen to the average 968



the other thing that will happen though, as these cars are fairly rare, is that the lower mileage (sub 40k) and extremely clean cars will start to go up in value - this is the norm for collectable cars - the timing of the event is different from car to car, given variables like age, attrition, parts availability, etc, but it does happen with any car of notable interest - many cars, even ones with high production numbers, have actually gotten to the point of being more expensive now than when they were new - look at the mustang and the mgb - hundreds of thousands of them built - fairly average cars - now collector's items - pretty common tale



so, you have your choice, mothball the car and wait 20 years to see the value go up, or drive the piss out of it and forget about the money



another good reason though to go to stated value on your insurance, and not rely on blue book
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94 Midnight Metallic Blue Cab Porsche 968 w/deviating cashmere/black interior and WAY too many mods to list - thanks to eric for creating www.968forums.com



"It isn't nearly as expensive to do it right as it is to do it wrong."
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#4

However, at the end of the article, as in the past, he says the 968 is still the most desireable and adds that due to the limited numbers imported, they are hard to find. That sounds like it should be worth some appreciation. <img src="/forum/images/smilies/968/laugh.gif" class="smilie" alt="" />



Perbal
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#5

[quote name='flash' post='30463' date='Feb 1 2007, 12:37 PM']so, you have your choice, mothball the car and wait 20 years to see the value go up, or drive the piss out of it and forget about the money

another good reason though to go to stated value on your insurance, and not rely on blue book[/quote]



at current prices, you have another choice - buy a second one, mothball it ( or mothball your current one ) for 20 years and hope the value goes way up, and drive the piss out of the other one ! And hey, if the value does not go way up, you still get to drive around in your " classic / collector's 968 " when the curent one dies ... how bad can that be ?!



why don't I do that ? one single reason : my wife doesn't understand me <img src="/forum/images/smilies/968/rolleyes.gif" class="smilie" alt="" />
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#6

roflmao - my problem is the exact opposite - my other half DOES understand me - therefore i can't have another one just yet
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94 Midnight Metallic Blue Cab Porsche 968 w/deviating cashmere/black interior and WAY too many mods to list - thanks to eric for creating www.968forums.com



"It isn't nearly as expensive to do it right as it is to do it wrong."
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#7

understanding partners or not, as much as I love the 968, I'm not spending precious relationship "bullets" , "points" , "kitchen passes" , or whatever you want to call it, on making a case for simultaneously owning two 968s, no matter how inexpensive and alluring prospect it may be to buy another one.



ALL those bullets have to be saved for the DB9 buying initiative ( no, not to replace the 968, but an addition to.. ) a few years from now. Whether the added expense of a divorce has to be factored in addition to the cost of the car remains to be seen.. <img src="/forum/images/smilies/968/tongue.gif" class="smilie" alt="" /> <img src="/forum/images/smilies/968/unsure.gif" class="smilie" alt="" />
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#8

I'd rather have the 968 as a weekend warrior, and get an early boxster as a car I can drive the piss out of <img src="/forum/images/smilies/968/wink.gif" class="smilie" alt="" /> At least if it breaks down, it'll be easy to replace hehe <img src="/forum/images/smilies/968/biggrin.gif" class="smilie" alt="" />



Speaking of DB9's, there have been a couple floating the city as of late. Gah, talk about a beautiful car! <img src="/forum/images/smilies/968/ohmy.gif" class="smilie" alt="" />

Saw a silver one that was slightly lowered, and had black 6 spoke performance rims. Yikes!
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#9

I have 140+ on my car, but I've restored it so it looks like a new car. I don't worry about miles, but use it very limited. The only value I'm concerned about is the value to me. Insured for a stated value of $30,000.
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#10

[quote name='ds968' post='30471' date='Feb 1 2007, 04:48 PM']ALL those bullets have to be saved for the DB9 buying initiative ( no, not to replace the 968, but an addition to.. ) a few years from now. Whether the added expense of a divorce has to be factored in addition to the cost of the car remains to be seen.. <img src="/forum/images/smilies/968/tongue.gif" class="smilie" alt="" /> <img src="/forum/images/smilies/968/unsure.gif" class="smilie" alt="" />[/quote]



are you going for a new one, or a slightly used example?



how is the quality/reliability/maintenance of the AM these days?
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#11

[quote name='ether_joe' post='30478' date='Feb 1 2007, 07:08 PM']are you going for a new one, or a slightly used example?

how is the quality/reliability/maintenance of the AM these days?[/quote]



oh, used one for sure. older than 5 yrs, may be as much as 10 so I definitely have to wait. the good news is that the DB9's lines, much as the DB7 has ( and to certain extent our 968s) will look in style and not "dated" whether five, ten, fifteen, or even twenty years later.. IMHO.



I haven't searched the reliability history, but I'm guessing the cost of parts make ours look we're getting them for free - that's definitely something I'll have to seriously consider before taking a serious $$ plunge.
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#12

Larry, you have a PM .
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#13

[quote name='ds968' post='30491' date='Feb 2 2007, 08:31 AM']oh, used one for sure. older than 5 yrs, may be as much as 10 so I definitely have to wait. the good news is that the DB9's lines, much as the DB7 has ( and to certain extent our 968s) will look in style and not "dated" whether five, ten, fifteen, or even twenty years later.. IMHO.[/quote]



I agree. Aside from the interior my eye detects no major changes to these works of art with in the past 8 - 10 yrs.



Got a question for you DS. Would you consider a new XK? I vaguely recall an episode of top gear where Jeremy spoke of the Aston as the same car as the Jag but for thousands more. Now in style the Aston trumps the Jag, But man would that nag at me having in the back of my mind that I paid approx 50K for a 8 year old Aston when I could of snagged a newer Jag for the same or maybe even less.





WIAT a minute, the DB9 is a 12 and the XK is an 8. I need to do a little research to find out which jag and aston he was comparing.
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#14

At first glance I like the new XK, but just not enough to put it even remotely in the same league with a DB9 in terms of looks, the sound ( and as far as sound is concerned I'll probably get a lot of dissenting opinions on this, but there's NOTHING to my ears like that DB9 exhaust and engine tune....not Lambos, not Enzos, not the Carrera GTs, not 427 Cobras.. nothing ! ) Coupled with the jaw dropping lines of the car, for me it's the ultimate automobile. Not happy about the interior aesthetics all that much, and that's a disappointing factor. I actually like the 968 dashboard lines much better. But again, all of this is subjective.



I'd consider an ( even older ) DB7 over a new XK, and DB7s are far more affordable than DB9s... but I drove a DB9 and from that moment on obsession kicked in... <img src="/forum/images/smilies/968/dry.gif" class="smilie" alt="" />

Drove a F430 also ( ok, for less than 5 minutes, but still..) great looking car, amazing sensation, but I'm hooked on the A.M. Not that I can afford an F430 anyway <img src="/forum/images/smilies/968/rolleyes.gif" class="smilie" alt="" />



However, I might give up the DB9 pursuit if I can get some shop to make my 968 to look like FLWBYU's avatar, and then work some magic to have the engine produce 350+ hp, but keeping the AC of course..
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#15

IMO this is simply breath taking!



[Image: astondbs07intdh7.jpg]
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#16

too much metal / chrome, etc.. for my taste. but that's why aesthetics are soooo subjective . <img src="/forum/images/smilies/968/smile.gif" class="smilie" alt="" />

i honestly don't like that whole center piece. not that it's deterring me from the plan to buy, but I suppose it needs to grow on me.



and now folks, we're way off topic on this thread - sorry about that. however, it's all for a good cause <img src="/forum/images/smilies/968/rolleyes.gif" class="smilie" alt="" />
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#17

Getting back to the 968 Forum <img src="/forum/images/smilies/968/wink.gif" class="smilie" alt="" />



Now that I have had time to think about these published values, such a significant difference in value by year seems unwarranted. Certainly there should be a slight rise as the cars get a bit newer... but a $4 to $5 thousand dollar difference from 92 to 95??



Sure there are some advantages of the newer cars, particularly R-134 v. R-12 as a refrigerant. However, most other changes are minimal trim and option issues. But these seem small, and after 93 not an issue. What about a 93 sold as a 94 - should it be worth more? I think not.



If I were looking for a 968 I would base value on miles, condition, and options. Whether it was a 93, 94, or 95 would be a small consideration at best. At most the year limits or enlarges the color options available.
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#18

I think a '95 may falsely be more desirable because uneducated buyers may think they are less problematic or "the bugs were worked out" in the latter years. Of the 5000 or so 968 that were around at sometime, how many do you guys think still remain? I'm sure a bunch have been turned into race cars, parted out, totaled or highly modified like mine. I would think the value would increase suddenly someday, or will they go down in sporscar obscurity?
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#19

Looks awesome, Larry. Well done. Is the carpet original or did you replace it?



[quote name='Larry Currie' post='30477' date='Feb 1 2007, 06:31 PM']I have 140+ on my car, but I've restored it so it looks like a new car. I don't worry about miles, but use it very limited. The only value I'm concerned about is the value to me. Insured for a stated value of $30,000.[/quote]
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#20

Quote:Of the 5000 or so 968 that were around at sometime, how many do you guys think still remain?




Actually, according to the Registry the number is only just over 4,000. Twelve years later the number could be down by as much as 25% between wrecks, racecars, parts cars, and other losses.
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