Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

968 Market Update in April Excellence
#1

in the April 2010 issue, Excellence did another market update which included the 968 - not a lot of new info, but some nice comments

hardtops:
92 ranges from a so condition of 7662 to good of 8712 to an excellent condition of 11663
93 is 8237 to 9366 to 12538
94 is 8886 to 10103 to 13525
95 is 9527 to 10832 to 14211

cabs:
92 is 9871 to 11224 to 15025
93 is 10832 to 12316 to 16448
94 is 11325 to 12876 to 17238
95 is 12187 to 13857 to 18550
Partial Post: Please Login or Register to read the full post.

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."
Reply
#2

Without digging through the mounds of info, and it could be just wishful thinking on my part, but aren't these numbers a teensie weensie bit higher than previous reports?

- Darryl
Partial Post: Please Login or Register to read the full post.
Reply
#3

i don't know, but it doesn't say how things like tip vs manual affects price, as we all know it does - nor does it say anything about options or colors, which also affect price

but, at least there is an aggregate numbers from which to begin
Partial Post: Please Login or Register to read the full post.

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."
Reply
#4

My report was part of that - and the car sold for just about right in the middle of the 93 numbers. Which was about right for miles and condition.

I have to say though that Bruce's numbers for the 996 in the email he sent to me were way high for the current market. My guess is that his numbers were for all of 2009 and did not take in to account the plunge in the market that occured last summer as the recession really deepened. But hey, if you're buying who cares? If it was 1930 I guess I would have been shopping for cut rate Hispano-Suiza H6!
Partial Post: Please Login or Register to read the full post.
Reply
#5

Here are last year's April 2009 Excellence numbers:

Model - year - so-so - good - excellent condition (loss from Apr 2009 to Apr 2010)

Cpe - 1992 - 8,180 - 9,300 - 12,450 (down 787)
Cab - 1992 - 10,627 - 12,083 - 16,175 (down 1.150)
Cpe - 1993 - 8,870 - 10,085 - 13,500 (down 962)
Cab - 1993 - 11,432 - 12,998 - 17,400 (down 952)
Cpe - 1994 - 9,518 - 10,822 - 14,488 (down 963)
Cab - 1994 - 12,368 - 14,062 - 18,825 (down 1,587)
Cpe - 1995 - 10,471 - 11,905 - 15,938 (down 1,727)
Cab - 1995 - 13,493 - 15,342 - 20,538 (down 1,988)

Darryl, it looks (at the excellent condition end) that our cars are still going down. We will still have to wait a few more years before they hit "collector status" and the prices start going up.
Partial Post: Please Login or Register to read the full post.
Reply
#6

Thanks, Don. Exactly the trend I was looking for. As to how long we have to wait before values go up...well, as much as we all love our cars, I'm inclined to agree with the majority that doubts the 968 will ever attain "collector" status. They are rare only due to limited production which makes them kinda cool, but that will most likely be the extent. Now that said, I do believe that they will slightly increase in value as more are wrecked and/or parted.

- Darryl
Partial Post: Please Login or Register to read the full post.
Reply
#7

i tend to agree that eventually (at least 10 years away) the finer examples will increase in value, but a key factor will be that those cars have a reasonable amount of miles on them to insure good running condition (at least 1.5k a year, which already means about 22.5k for the newest of them), and that the maintenance has been maintained, not the least of which is having replaced anything rubber (i.e. bushings, shocks, struts, hoses, belts, etc)

while it may have been a good thing a few years ago, now one should steer away from extremely low mileage cars and ones that are on original bushings and hoses and such - that just points to a big bill as soon as somebody wants to drive the car

also, the ones that will go up first will be the metallic colors, the oddball colors (though harder to sell), and black - white next and finally red - i'm not sure why that is, but it has been the trend on the way down, so it is likely to be the trend on the way back up

lol - of course none of this matters, as there probably won't be any gas around by the time they gain any real value
Partial Post: Please Login or Register to read the full post.

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."
Reply
#8

I think of one the factors that lowers interest in a car is the lack of any special models. The US never got the Club Sport or the Sport models like the UK or ROW did. The 944 went through S, Turbo, Turbo S, and S2 variants. Same evolution with all the other Porsche models. In the US the 968 is just plain old 968 any way you look at it, kinda boring, no choices; M030 is an option, not a model. Sure the 968 is the ultimate evolution of the 924/944 line, and as such should be higher priced than any of those other models (except the 937/938 or 968 Turbo of course). But I think some potential buyers don't understand the 968 and therefore may view it somewhat as a parallel to the regular 944 rather than a significant improvement.

Roland
Partial Post: Please Login or Register to read the full post.
Reply
#9

I think boxter and 996 prices are killers for the 968.
If someone buying their first Porsche see's '99 996 for $18k vs a '94 968 for $15k,
I would think the newbie would opt for the 996.
Heck, '99 boxters can be found for around $10k. These factors amongst others are killers for 968 pricing.
Partial Post: Please Login or Register to read the full post.
Reply
#10

let me put it in perspective - i am NOT a hardtop guy - everybody who has spent any time here knows that - that being said, even i find myself looking at the cayman - this really hurts the potential of the 968 in the collector market for the near future

were the boxster not as common as fleas, and incapable of carrying 2 sets of golf clubs, 2 cases of wine, a weekend of luggage and my wife, i would have gone that route - with guys now installing turbocharged 3.4 engines in those, this also does not bode well for the 968

i also agree that the 968 is viewed as just another 944 by many people - it just didn't stand out enough - i think this was a marketing blunder by porsche, in an effort to maintain the 911 a the flagship - given the energies now put into the panamera, i think porsche may have finally realized that the US wants a front engine big power car

too bad they didn't think of that when they had the 968 Turbo S
Partial Post: Please Login or Register to read the full post.

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."
Reply
#11

In Europe you can now get an early Boxster for less than a 968. I think that is a sign that there is a market for the 968, and I have a feeling that it is developing a cult following. But then again I didn't buy my car for it's collector status, I bought it to drive it and play with it.
Partial Post: Please Login or Register to read the full post.
Reply
#12

as did many of us - frankly, for me, being a porsche was a negative point, so the whole "status" thing associated is lost on me

i do like that it is the "red headed step child" though
Partial Post: Please Login or Register to read the full post.

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."
Reply
#13

[img]style_emoticons/<#EMO_DIR#>/laugh.gif[/img] If you're going to buy a Porsche for status, a front engined water cooler is last model you should consider.

Partial Post: Please Login or Register to read the full post.
Reply
#14

+1 for that johannvb
Partial Post: Please Login or Register to read the full post.
Reply
#15

yeah - not being a porsche fan by any stretch of the imagination, i, like many others, lumped them all together

it did not occur to me at the time that there was any differentiation or stigma attached that would alienate a front engined owner from the rest of "those" people

now that i find that "those" people have an attitude about the car, actually makes it palatable that it is a porsche, because it isn't a "real" porsche - i like that

sort of like owning a dino - not a "real" ferrari, but still i the family (except that everyone thinks that a dino is cool)

no worries - i like the car for what it is, not who made it - frankly i think the 968 cab is the only porsche worth owning, hence why i bought it - and another - and will probably be buying 2 more before too long

clearly i have a sickness, and market value has no influence
Partial Post: Please Login or Register to read the full post.

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."
Reply
#16

I like your attitude flash. I got the 968 to enjoy, drive, talk to people about uniqueness, the styling, etc: (archives are full of these opinions, don't mean to restart it now!).

There are various degrees of Porsche discriminators:
- water cooled
- front engine
- VW / audi parts
- sports cars only

Consider the following potential list (made it up):
- really pure, 356s [edit] only. (sure it has VW parts, but doesn't matter it's pure!)
- then comes only 356 and 911 are real.
- then comes only air cooled (one reason why the 993 retains a higher value).
- then comes only Porsches with an Porsche design engine (914 can't count, only the 914-6)
- then comes water cooled (recent 911s after all are acceptable because the engine is in the rear).
- then comes mid engined cars (well, maybe the Boxster is acceptable because of the 550 and 904, maybe, just barely).
- then comes front engine, water cooled no Audi parts (944/928 can count, but not 924, VW parts but .....)
- then comes SUV and Sedan (this is where I draw the line!!!!! Cayenne and Panamera are not Porsches [img]style_emoticons/<#EMO_DIR#>/biggrin.gif[/img] [img]style_emoticons/<#EMO_DIR#>/biggrin.gif[/img] [img]style_emoticons/<#EMO_DIR#>/biggrin.gif[/img] )
Partial Post: Please Login or Register to read the full post.
Reply
#17

nearly every Porsche ever built has VW parts in it.

No Porsche is a real porsche to someone. The 356 owners say the 911 isnt real because it wasnt a 4cyl, the early 911 owners say 993 arnt real becaue they werent hand built, 993 owners say the watercooled 911's arnt real porsches because they are watercooled. The watercooled 911 owners say the Cayenne isnt a real Porsche because it is an SUV. The way i see it, anything every made with a Porsche badge on it is a real Porsche. From 914's to Carrera GT's. Porsche has done it all, front, rear, mid, rwd, awd, sports car, Gt's, SUV's, and now sedans. I-4's, H4's, H6's, V8's, V10's, gas, diesel, hybrid, etc etc. They even built tractors for crying out loud.

A real Porsche enthusiast doesnt discount anything with a Porsche badge as not being a real Porsche. They only prefer one thing over another.

If i owned a farm, one of my garage queens (parked next to my John Deere beater) would be a Genuine Porsche diesel Tractor. Make mine a 1962 308L 3-Cyl Diesel.
Partial Post: Please Login or Register to read the full post.
Reply
#18

I'll take one of each on Roland's list, please! [img]style_emoticons/<#EMO_DIR#>/cool.gif[/img] But I think you meant 356, not 956. [img]style_emoticons/<#EMO_DIR#>/tongue.gif[/img]

- Darryl
Partial Post: Please Login or Register to read the full post.
Reply
#19

hey mark - that's for you babeeeee!!!!
Partial Post: Please Login or Register to read the full post.

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."
Reply
#20

Don't forget Porsche also means tank.

As in main battle tank.

If you want to say, "no friggin' way" about a hundred times, read the development and fielding of this amazing piece of Porsche lineage.
Partial Post: Please Login or Register to read the full post.
Reply


Possibly Related Threads…
Thread / Author Replies Views Last Post
Last Post by 986boxster1998
12-04-2012, 04:59 PM
Last Post by Fox944
03-15-2009, 04:46 PM
Last Post by Renalicious
09-01-2007, 12:10 AM
Last Post by sbdrivingdotcom
04-09-2007, 09:27 PM
Last Post by rhudeboye
02-17-2007, 07:07 PM
Last Post by cosimo
02-01-2007, 04:12 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)