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Forum Advice - What to list my car for?


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#1 tim944s

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Posted 04 April 2016 - 12:20 PM

Hi Everyone

 

So I am in the process of preparing my car for sale.  I would welcome some feedback from everyone as to their thoughts on fair market value.  Some details about the car below;

 

1994 Porsche 968 Coupe

Original California car

Black on black

60,000 original miles

Non-M030

Interior condition 9/10

Exterior condition 8.5/10 (Pre-paint correction)

D1R Supercharger removed, car is being returned to stock.

6 speed manual

Full service history since new including original window sticker

 

I have been watching the market lately and I would like to see what everyone thinks this car should fetch.  I do not want to be unrealistic, however I do not want the car to be given away.  I have a solid offer at the moment from a Porsche mechanic.

 

I welcome your input.

 

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#2 flash

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Posted 04 April 2016 - 12:57 PM

i moved this thread to an area where people can respond

 

from what i can see in the pics (it's pretty bright light, so things may or may not look like they do in person), in stock condition, with those wheels and the expected interior wear and fading, assuming maintenance was current (belts, etc) i would say probably as high as about $17k

 

you'll have to decide how much time you want to spend to get more.  you could, if you find the right guy.  unfortunately, there are way too many basket case cars out there going for under $12k, and most buyers only look at the ebay prices, and don't really spend any time evaluating each car and comparing them in more realistic terms.

 

good luck



#3 tim944s

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Posted 04 April 2016 - 01:04 PM

Thanks Bob for moving it....totally missed that.

 

At any rate I agree with your assessment.  There are a few maintenance items, however I have considered that into my price.  It will need tires and the steering rack has a leak.

 

Other than that the timing belt will need to be done due to age, not mileage.  This has been a relatively good car in terms of reliability too.  Only some minor things like chip repairs, thermostat and fan relay.  The nice thing about this car is that it is relatively low mileage and not abused.  The SC was only on the 5,000 kms at most.  This car was primarily a garage queen.

 

I have an offer of 15k Canadian.  Which I would be willing to consider, however it is a US car and would be easy to bring back into the US with no issues.



#4 flash

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Posted 04 April 2016 - 03:58 PM

just a thought:  if you want the best price, i would fix those issues (thermostat, relay, leaks, etc).  it's a lot easier to sell a car that doesn't need anything.  it's hard to sell a car that you already know needs things, and may need more once you get in there.

 

that being said, at today's rate, $17kUSD converts to $22kCAN.  if you deduct the cost of repair of the needed belts, thermostat, relay, power steering leak, and an average set of tires, you end up with about $14kUSD which is $18kCAN.  you will have to determine if it is worth the $3kCAN, and the time you may have to spend dealing with it, showing it, and haggling, which may cut down on that margin.

 

good luck



#5 Kaj Hallstrom

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Posted 04 April 2016 - 04:38 PM

Pricing a 968 is becoming more and more interesting. As it was mentioned earlier there are a few beat up models out there being sold at well below market price. There is also a strong market for well kept, well maintained and rare 968's like CS models and C2S units. Let me tell you what I would ask for mine since it's the same year, same miles, 6-speed but a Cabriolet. I bought mine for $13700 in 2015. Superb condition in and out and only 59000 miles.  A rare C2S (probably 1of1) but without the timing belt docs. First thing I did was replacing all belts, water pump, distributor etc etc. OK, that was $3000 on top but well worth it. I do not plan to sell mine at this point but if I had to I would ask US $22000.


Edited by Kaj Hallstrom, 04 April 2016 - 04:40 PM.


#6 flash

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Posted 04 April 2016 - 04:45 PM

what the heck is a C2S?



#7 Kaj Hallstrom

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Posted 04 April 2016 - 07:20 PM

AHHHH....not familiar with the special orders of the 92-95 968's?. C2S ( colour to sample) was offered on these models. On a 968 you would have to order your favourite  body colour (not your the basic offerings) at an additional cost of $2500. Most 968 factory offerings where in black, red, white with a few more options for each year. To give you an example: Amethyst Metallic was available on the 92-93 models but not on the 94. I have a 94 in Amethyst Metallic (F9) This car was special ordered in this colour back in late 1993. The option is still in use today though Porsche use a different code.

 

Here is a link to explain the C2S code.

 

http://968register.o...olor-to-sample/


Edited by Kaj Hallstrom, 04 April 2016 - 07:22 PM.


#8 flash

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Posted 05 April 2016 - 04:58 AM

i'm very familiar with the special order process, as well as color to sample.  i used it quite a bit on my new targa gts.  i've just never seen that acronym before.  in 11 years of doing this, it's the first time.

 

the CS (club sport) was never sold here in the states, and frankly would be questionable as to having higher value, as it would be difficult to get it legalized here.

 

as for the amethyst metallic, i've seen a few, including a 94 cab with black crested seats.  i've even worked on that car.

 

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#9 Kim

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Posted 05 April 2016 - 05:36 AM

your looks have changed Flash. For the better.



#10 94SilverCab

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Posted 05 April 2016 - 06:57 AM

Bob "Kaitlyn" Larson ?



#11 Inkedupfatboy

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Posted 05 April 2016 - 07:09 AM

Mine's for sale, but won't take less than the $20K I have invested.

'94 sorted cab with under 50K miles.

I had an interested party, but life has forced him to have other priorities.

I am thinking of eBaying mine soon.

I don't have to sell it, so I can wait for the right price.



#12 Kaj Hallstrom

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Posted 05 April 2016 - 07:51 AM

I would love to get the missing 94-95 color to samples into the 968registry. Does anyone have any info on their whereabouts?. Must be true 94's, not re-VIN'ed 93's. There are about 4-5 out there.

Bob, where did you work on the 94 with the black crested seats? Do you know where it is? Where is the picture you posted taken? There are a total of 4 C2S unaccounted for and we cannot find the paint scheme on these.


Edited by Kaj Hallstrom, 05 April 2016 - 02:23 PM.


#13 flash

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Posted 05 April 2016 - 07:51 AM

good position to be in.  clean cabs will start demanding over $20 on a regular basis.  but clean means no paint fading or waves in the bodywork, minimal chips, especially on the front bumper cover, no cracking in the leather of the seats that shows any color other than the color of the seats, non-faded carpet, and all service complete and current.  once any of the above come into play, the price starts plummeting quickly, 4 digits at a time.

 

the same can be said of hardtops, though it will take a while before they start getting close to the $20k mark.

 

rarity doesn't demand nearly what many people think it does either.  just because a car has a rare option, color, or whatever, it does not translate to a higher price as easily as one might hope.  for example, the black car we have hear for sale is an early 92, complete with recessed hood badge and all that, AND has a 1 of 7 (total from all years) full leather interior.  the latter was a $4k+ option.  however, to most people, it only adds a fraction of that to the value of the car.  rare colors are usually a negative, not a positive.  it means harder to fix, and usually means poorer condition, because nobody wanted to mess with a rare color.

 

the market on these cars is changing.  i predicted it years ago, and it is following my prediction.  low mileage (sub 30k), super clean cars will see the prices go up, but not fast.  middle mileage cars (45k-80k) will hold their own for a while.  high mileage cars (over 80k) will plummet.  cars that need work, no matter how insignificant, will see prices fall very fast, as it is an overall indicator of a lack of care.  the break between the 3 groups is about $5k.  it doesn't seem to matter about much else.  aftermarket stuff can make a car easier to sell, but won't really raise the price much.  sometimes it's actually a problem.

 

if you have one of the upper tier cars, and can sit on it for at least 5 years, you might make a few grand.  right now though, we are still seeing the more used up cars spoiling the market.  when people see cars going for $10k-$12k, they think they are all worth only that much.  as a buyer they think they can haggle everybody down to that bracket.  unfortunately many owners need to sell, and end up selling for a lot less than the car is really worth.  that really messes things up.  it's going to be a while before that really changes.



#14 Kaj Hallstrom

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Posted 05 April 2016 - 02:36 PM

A clean well maintained , as you mentioned, car is the key to success. I plan to hold on to mine for at least five years, keep it in tip top shape and sell it for $ 30,000. Am I too optimistic?...well maybe. Only time will tell. Bought it spring of 2015 for $13.700 and this month I have offers over $20,000. Those where turned down.

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#15 flash

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Posted 05 April 2016 - 07:25 PM

well then, get those seat covers off of there before they act like sandpaper on your leather

 

by the way, the car in the pic i posted above is a late 94



#16 Kaj Hallstrom

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Posted 05 April 2016 - 08:44 PM

Seat covers are off most of the year. I only add them temporary in the summer when temps are high. Need more info on that late 94' in Amethyst Bob? Picture? Location? VIN?



#17 flash

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Posted 06 April 2016 - 03:30 AM

i don't know where the car is now.  pretty sure it has changed hands at least once since that shot, which was back in 2004.

 

the "database" has quite a few errors, so i would not be surprised if there were more of these out there.



#18 Kim

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Posted 06 April 2016 - 04:53 AM

FYI -

 

http://wwwa.autotrad...showcpo=ShowCPO



#19 ds968

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Posted 06 April 2016 - 05:41 AM

"Manual" transmission ? Is that because you use your hand to shift the tiptronic knob ? And a 5.9 sec
0-60 is damn fast for an automatic transmission cabrio.. ( maybe if a six speed coupe is towing it at the time ..) Very optimistic asking asking price, even with the conversion . :-) . One of these days I'm going to list my blue 968 in Autotrader or Panorame for $ 100,000 ..just for the heck of it ..

Edited by ds968, 06 April 2016 - 05:47 AM.


#20 94SilverCab

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Posted 06 April 2016 - 05:57 AM

 

$30,402 USD...did they legalize pot in Canada???

 

Jay





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