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968 Turbo RS for sale!
#21

Don are you driving queenie to Hershey this year?
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#22

[quote name='ds968' timestamp='1328853221' post='121636']

But then this is not what it's all about, its decent racing capability is just an added bonus to the exclusivity of the car so it definitely warrants a premium price for that, but more than a quarter million dollars ?! Crazy, [/quote]



Back in the day a fellow car buddy, two towns over in New Haven, had a 71 Plymouth 'Cuda he would drive to our get togethers (I was driving a Dodge Challenger at the time). Back in 2006 the same car sold for $4,000,000 dollars!!!! It was a 1971 hemi 'Cuda convertible, 1 of 7. Exclusivity certainly goes a long way towards commanding a premium as cars age.
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#23

there are exceptions of course, but if you take the average cuda value today, which is about 5-7 times the value of a 968, and then factor upward for exclusivity, you will find that the formula puts max value on the rs pretty low by comparison, and it would have to be in "as delivered" condition to get that. being modified does not help it, no matter how much better it might be.



the cuda had a following and was a popular car. the 968 never had that.
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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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#24

I had a 'cuda, with a 440, and sold it " for a song " sometime in 79 or 80 IIRC ( although it was in poor shape, badly rusted inside and out ) Still' if restored it would have been worth a decent sum these days. I honestly do not see the near hysterical appeal American muscle cars of that era seem to generate, but that's just me . Maybe nostalgia compels people to spend stupid money, but anyone who pays $ 4mil for a ' cuda, even if it was just one of one, and regardless of how much money they have, is an idiot ( IMHO )

As for the 968, sadly I must agree with flash.. The car never had a following, and never will. So whereas there may be thousands of people willing to pay a lot of money for other collector cars , you'll be lucky to find a handful of folks that care about the fact that there were only four 968 Turbo RS produced.



We all know and can appreciate the greatness of the car, but few others outside our microcosmos will..and if they have a disposable quarter mil to spend they'll opt for some classic Ferrari instead.
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#25

"I honestly do not see the near hysterical appeal American muscle cars of that era seem to generate, but that's just me."



I couldn't agree more. I'm old enough to remember these beasts when they were new, and they were bloated, ill-handling, gas-guzzling, rattle-traps. At an early age, I became attracted to the light, agile imported sports cars. I shake my head at the dollars the muscle cars are bringing in today. Give me a 240Z (or a Datsun 2000 Roadster, my first car), MGB, Lotus Elan, Fiat 124 or X19, an Alfa, or a 911 (sorry, Flash) over any of these dinosaurs any day of the week. But I know we're in the small minority (although maybe not so much on this forum).
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#26

During my trip to NZ, the streets were filled with American Muscle Cars from the 60's and 70's - I saw dozens of them each day around Auckland - it was weird.
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#27

Rap,



Yep, "Queenie" will be parked in the Porsche Concours Parking area (another $10 but well worth it since you have a shot at winning an award) and I will again be Co-Chair for this PCA Central Region event. For those going to the Hershey Swap Meet on April 21, you may want to consider parking in the Concours. Remember, this year we go back to the old parking area which is not at the Giant Center.
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#28

Cloud I had a 1974 Fiat 124 sedan. Nice car but lots of issues! Ds even though we have a small following, isn't it better to lead than to follow? Lol. Don where is that in relation to last years parking?
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#29

I also had a Fiat 124 coupe. I think it was a '71, but I don't remember anymore. Sigh, old age... Anyway, I enjoyed it a lot but it did have a bunch of mechanical / electrical problems. So did the Maserati I had after the Fiat Never had issues with the 'Cuda or the Buick, or the Pontiac, or the Olds I had, so now I wonder if american cars, even muscle ones were just better mechanically-wise , in spite of being rattle traps , lousy handling, gas pigs .?? rap, it's absolutely better to lead than to follow, so all the better for those of us who could not care less about what the masses' latest flavor of the day may be, that leaves more 968s on the market for our little group, and away from the hands of those who have no clue how fantastic this car is. Does nothing for the car's value but I would doubt anyone here ( I could be wrong, of course..) bought their 968 with investment in mind, so value should not matter much unless one is in dire straits and needs to sell it . What does surprise me however, is that there is no mass appeal and demand for the car ; even if you leave the amazing handling, and the practicality, and the reliability aside, in looks alone this car ranks in the top 10 most beautiful vehicles ever made. In my

eyes, it's actually even in the top 5. So how in the world isn't there a mad rush to gobble up these cars

given the market price of one ?

Sincerely puzzled,

ds
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#30

Perhaps the production duration was too short and doesn't seem it was really supported by Porsche. I had trouble with the 124 before I totaled it. It was fixed and I got three years out of it. Push the brakes and turn right. Driving home from Capitol hill when I was interning it would overhear and I would have to work the clutch to keep the engine running. But it went fast handled well, good babe magnet and party car. Fond memories actually.
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#31

[quote name='flash' timestamp='1328848823' post='121633']

i seriously doubt they will get anywhere near that kind of money for the car. [/quote]



okay Bob, "price is right" time. What is your definition "anywhere near that kind of money"? Estimate is $250K to $325K. We'll tune in March 9th to see how you do. I think the car will sell within the estimate range.
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#32

i doubt it will actually sell at the auction, as the reserve is probably unreasonably high, but i'm guessing it will finally go, after a fairly long period, for about $150k
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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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#33

For $ 150k one should buy a 2005-2006 Ford GT instead, which chances are, will probably be worth $ 10 million in 25 years from now. There you go, investment advice ! ( and if I did not have to justify anything to the better half, were I single..yes, I'd buy one in a New York minute ) Or, buy this 968 turbo RS for $ 150k and in 25 years, it will be worth...$ 150k ( if you're lucky..) I'm sticking to my $ 75 k value opinion, for the exclusivity novelty alone. Other than that it offers little above any other 968 .
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#34

I thought almost all of the prices on that page were unattainable, the 968 included. Admittedly, I have no experience buying high-end race cars, but I've been reading Porsche magazines for 20 years, and they just don't seem "in the ballpark".
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#35

The 968 turbo S sell north of 100k. It's been a long time since an RS publicly changed hands so who knows what it will go for, especialy in auction environemnt where people over pay for stuff all the time. I woudl not eb surprised to see it sell in the estimated range but I would not be surprised if it sells short of it by 6 figures.
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#36

Just my 2c...I agree that the 968 has never really had a following but I also have a feeling that it's changing. All the new cars that have come out since 2000 or so, including Porsches, just aren't that much fun to drive. These cars are technology and numbers focused instead of driver focused and people are beginning to realize this. Over at RL I see so many guys selling 997's and going back to 993's, 964's or even 968's. There's several 993 guys in the past yr or two who have added 968's to their stables and they're all very impressed by the 968. I'm not going to speculate on value or collector car status because it seems like a crap shoot to me, but I see more passion than ever for 968's. Even last season when I raced my Boxster S there was rarely anyone interested in talking about the car, but Jared's 968 attracted 5-10 people each day because they were excited to see a 968 out there. Even a GT3 driver I spoke with while pumping gas at Seca told me how much he loved his 968 CS. That's one hell of a statement coming from a GT3 driver!
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#37

Same thoughts here in Europe , Porsche Center here has 2X968 sitting in the showroom , the yellow cs 34000$ the other one a guards red coupe 20000$

I own a 1955 chevy Nomad (the only 55 in the country as far as i know), it was a failure in it's days didn't sell , they cost a bit these days if you try to buy one in good shape .

I think there are more examples like that .
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#38

lol - i think a lot of why jared's car draws so much attention is the fact that it is a lot faster than they expect.



while i agree that there is a cult following of this car, i just don't see the values going up. in fact, i think a lot of the new attention the car is getting is due to the low entry cost. the boxster and 996 have a similar thing going on. so does the miata. they are all very inexpensive to get into and go play with. that by itself will have a certain attraction. as cool as the new attention is, that fact actually harms the values of the rarer examples.
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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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#39

Flash - but the 968 does not look like a hairdresser's car or blow up its engines (well the 3.4L anyway). As for a Miata - you will always crave more power and you can never have another male in the car with you without someone questioning your sexual orientation. Any 911 will have people questioning your manhood endowment department.
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#40

Sounds like we have the possibility of a bet going here:



Matt Drendel's Porsche 968 Turbo RS will sell at the Amelia Auction on March 10 for (not including Auction fee):



$100k -

125k -

150k - Bob

175k - Don

200k -

225k -

250k -

275k -

300k -

325k -Jeff (did I get this right?)



Closest gets a free meal at the 968 dinner this year where Jeff will present the Coupe Registry details. Takers?
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