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

Bonhams Auction 1994 Coupe with just over 4k mi
#61

regarding low mileage being a factor, it is, to anybody who understand materials.  the chassis flexes each and every time it is driven.  this results in metal fatigue over time.  you can tell the difference between a low mileage chassis and a high mileage chassis.  it's easily discernible in the rattles and squeaks.  yes, there is an argument to be made that a certain number of miles should be put on the car regularly, so as to maintain flexibility in rubber, and seals lubed, and such, but that only requires about 1000-1500 miles a year.

 

regarding how much to spend, an average 98k cab will only get about $13-15k in any of the standard solid colors, a bit more for a metallic, and a bit more for the rarer colors.  a similar hardtop would get about $2k less.  a well maintained version will get about 20% more, if there is documentation.  you'll get about half of the amount of money you spend fixing it up, if it is done less than 3 months before the sale.  so, you have to balance that one against the cost for the work.

 

a car with between 60 and 90k will get about $2500 more.  a car with between 40 and 60k will get another $2500.  a car with less than 40k on it will get upwards of $19k

 

interestingly, porsches garner a lower price if modified.

 

these are all private sales estimates.  auctions are an odd anomaly.  sometimes they get more.  sometimes less.  it's a bit of a crap shoot.  the private auctions tend to vet the cars more, so there is a tendency for the price to be higher, and often unrealistically.

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
#62

Quote: 

interestingly, porsches garner a lower price if modified.
 You mean we have to dump all the D1R parts we put on?  Bummer.

Partial Post: Please Login or Register to read the full post.
Reply
#63

You assume the buyer knows about these issues.

Partial Post: Please Login or Register to read the full post.
Reply
#64

Quote: You mean we have to dump all the D1R parts we put on?  Bummer.
 

 

:lol:  :lol:
Partial Post: Please Login or Register to read the full post.
Reply
#65

Flash makes a good point about the effect on the integrity of the chassis of piling on the miles.  My dad was a civil engineer, and he had also pointed that out to me many years ago.

Partial Post: Please Login or Register to read the full post.
Reply
#66

rap - i assume any buyer does his due diligence.  otherwise, he gets what he deserves.  i also assume that every seller is honest for the same reason.

 

this is, however, what is the major problem in the 968 market.  there just are not enough people who know anything about these cars, to be able to give an adequate review of the car prior to purchase.  a PPI is a complete waste of money in about 3/4 of the cases.  they walk around the car, and look for obvious stuff, but don't know what to look for, and will not pick up a wrench or conduct any tests, without which it is pointless.

 

this then results in things like what we saw at the auction.  somebody told him it was a really rare car, and the low mileage sold it.  in reality, the buyer could probably have saved himself half of the cost by doing a little homework, buying a different car with an up to date history, and ended up with a better car in the end.  but, some people have more dollars than sense. 

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
#67

And, if you are selling,you love people with more money than sense. Don't spoil it.
Partial Post: Please Login or Register to read the full post.
Reply
#68

i would take the position that an anomalous high price spoils the market.  it causes people to think that their car is going to sell for such a price.  then reality sets in and when they have to sell for a more reasonable price, they are disappointed.

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
#69

That I believe is called "life."

Partial Post: Please Login or Register to read the full post.
Reply
#70

lol - fair enough

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


Possibly Related Threads…
Thread / Author Replies Views Last Post
Last Post by cosimo
05-06-2015, 02:10 PM
Last Post by lbpesq
04-24-2015, 02:04 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)