[968Syncro]

Folks,



Here is an interesting site that collects that prices of cars that actually sold: PriceHub (http://www.pricehub.com)



A search on "Porsche 968" shows the cars in the attached image.



I believe it is just one data point, meaning I am not sure how good the information really is. It relies on individual users contributing reports. I looked at the 944s also, they seem like very low prices, maybe only those who think they got a steal will actually report something.



Roland

   

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[rxter]

Hey Synch - hot enough for you last wkend???



I've thought about the Kelly BB values as well on this topic. Private party is always reported as lower. WHy is that? Frankly I'd be willing to pay a private party more than a dealer. The conventional wisdom I think is that the dealer "MARKS IT UP" - big profits and all that. I think that the dealer makes his money on the way in the door, not the way out. Price is price in an open market place. And the used car market is an open market place, at least the part where you and I start looking for a decent car at a decent price. Dealer can't force me to do something stupid.



So the dlr makes his money be low balling the 'trade in' value or buys cars at auction, and auction is a different market place than you and I looking for a decent car etc.



I think the reason that the BB private party #s are lower is because people under-report, and grossly, in order to avoid sales tax (one of our countries most heinous taxes - was paid for by onwer #1). If 9 guys report $10K for a 94 honda accord, and 1 guy reports $5K, the magic average price is down 5%. Now imagine just how many sales are underreported by 20%, or 25%.



So bottom line is I don't buy teh BB valuation for privateers. Dealer values are likely very accurate.



Funny I saw that one in Covina. List from a bottom feeder dlr was $8900. He did OK at $8100 from what I recall of the vehicle.

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[968Syncro]

Yeah, ouch, quite hot enough, 3rd heat wave over 95 degrees in the last 3-4 weeks. Yuk! And my 944 temp driver is the first generation with air conditioning system that is about as good as flathead V8s.



Yeah, I don't believe these prices somehow. I don't mind admitting that I always lower the sale reported value when registering a car, and have made agreements with buyers who ask the same of me. I know this might be controversial with some readers here, because perhaps it is over the ethical line. However California remains one of the highest taxed, lowest service states every created, and I could go on-and-on about why each citizen should do whatever they can to push back on [...clip...]



I think the biggest flaw with this Pricehub site is that the sample is not statistically sound, and the data will be skewed by factors that aren't reported in the data --- like I mentioned before, what is the characteristic of the people who decide to report on this site? Those who got a good deal? Those who are car-guys, like the car, and know about the site? I'd like to see a comparison of this site to what the DMV records as sale values.



Roland

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