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M030 968 under $9,900 (needs engine and respray)


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#41 flash

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Posted 04 October 2016 - 08:55 AM

the 968 LACKS THE KEY COMPONENT TO BECOME COLLECTIBLE.

 

it is not a fair comparison between the 911 and the 968.  the 911 has ALWAYS been a beloved car.  it has always had a very real following.  the 968 has not. it doesn't even have the same following as the 944.  it truly is the red-headed step child.  it never caught on.  in 20 years MAYBE its oddity will result in a significant increase in pricing, but who is willing to mothball a car for that long in the hope that it will?  you sure can't drive it and expect it to retain value.

 

the M030 is not a better suspension that standard.  it is far worse for all intents and purposes, with the possible exception of autocross, for the reasons i mentioned above.  as for winning on the track, a very simple swap out of swaybars, shocks, and struts to even some mid-level things that are readily available now will STOMP all over the M030 on the track.  it will do this without compromising the superior ride of the standard suspension.  total cost, including labor, about $3k. replacement cost of M030 shocks and struts is currently $2400 plus labor.   the M030 is outdated and antiquated hardware.  it is horrible on the street, and second rate on the track.  you would have to be a special kind of idiot to go out of your way to choose that today.  20 years ago, it was the best you could do.  today, it's just not.  you can have better handling and cornering, without sacrificing ride quality, for almost EXACTLY the same cost.

 

i have been carefully tracking the sales of the 968 over the last 12 years.  M030 currently adds only about $1k to the "value" of the unmodified standard car. this is down from about $3k 10 years ago.  cars with a fresh suspension, consisting of better shocks and struts are selling for about the same as M030 cars today.

 

auctions are weird things.  they have very unpredictable results.  sometimes a car will go for a lot more than it should, sometimes a lot less.  even the guys doing the predicting on tv very often get it very wrong.  i watch a lot of those shows.

 

however, the one thing that never misses is that making the jump from run of the mill pricing to "collector" pricing is that every one of those big ticket cars had a very real following.  unless and until that changes about the 968, it will never make that jump.

 

to answer your question, i sold my car for a higher price tag, by a fair margin, than any record i can find of what any other 968 has sold for in the US in the last 10 years, with the exception of the turbo S and turbo RS.  no, it did not cover what i spent on it (much of which was development cost for the product line), but i can't think of any 968 that has done that in the last 10 years.

 

buy it.  mod it.  drive it.  sell it.  that is what almost everybody who has ever come to this site has done, and for obvious reasons.



#42 94SilverCab

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Posted 04 October 2016 - 09:19 AM

I think I'll buy a Ferrari 275 GTB and install air ride, hell maybe even swap in an LS3 motor, 6 speed gear box... 

 

Maybe Peter Mullin should resto-mod all those "Old" Bugattis so they are more fun to drive.

 

You are just being dumb now,

 

Jay



#43 Kim

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Posted 04 October 2016 - 09:35 AM

I think that we should really simply abandon this discussion.  As Spock really wanted to say - "the opinions of the one outweigh the opinions of the many".



#44 Bulti

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Posted 04 October 2016 - 09:57 AM

And in this case, "the many" should be about 7 bln strong.

I am particularly glad to be a "special, new" kind of idiot. At least I'm the improved, more efficient version.


Edited by Bulti, 04 October 2016 - 10:10 AM.


#45 flash

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Posted 04 October 2016 - 10:10 AM

lol - on this particular subject, and specifically the M030, i represent the opinion of the MANY.  sales figures prove it.  a few here just haven't gotten there yet though, and are still thinking of things as they were 10 years ago.  that's fine.

 

none of that alters the value of the standard 968 in terms of driving it as it was intended by design.  none of that alters the value of the car in terms of mods that improve the drivability.  none of that alters the reality that this car, however rare it may become, will not become as collectible as the 911, and likely will never get far beyond the inflation rate in increase.

 

it is what it is.  buy it.  mod it.  drive it.  enjoy it.  sell it.  i did, and have no regrets.



#46 ds968

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Posted 04 October 2016 - 10:24 AM

While my personal take on cars, driving experience and priorities are about 90% opposite to Flash's views expressed here, I will agree with the 968 lacking a  "collectible" criteria.  Perhaps in another 25 years it will be the next Dino. But until then I think the incremental value of a M030 set up is inconsequential.  ( with the sole exception of someone who buys the car for autocross or tracking and needs to stay within the allowable class parameters ) .



#47 94SilverCab

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Posted 04 October 2016 - 01:08 PM

And in this case, "the many" should be about 7 bln strong.

I am particularly glad to be a "special, new" kind of idiot. At least I'm the improved, more efficient version.

 

Better than one of those old idiots that aren't even as stupid as the shiny new idiots...I'm an old idiot, but I have enhanced my idiocy with new components, making me more of an idiot than my original idiot self, and I am continuously adding more idiocy to my repertoire..

 

Jay



#48 968Syncro

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Posted 04 October 2016 - 01:21 PM

Don't worry guys, all this talk about idiot-this and idiot-that is simply a reflection of our presidential campaign -- it will go away in a little over a month.



#49 flash

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Posted 04 October 2016 - 01:46 PM

lol - if only



#50 az968

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Posted 04 October 2016 - 02:45 PM

So I'm one of those idiots who bought a very clean stock 968 10 years ago because it was a better car with my wife aboard than my 911SC with a highly tweaked up suspension and some engine/exhaust goodies. Yes, I ruined a perfectly good 911SC with mods and tweaks to wring as much fun out of it as I could, purists be damned I said, until my wife no longer wanted to ride it in for any length of time, oops.  The 968 offered a superior ride and comfort that she appreciates while it still has a "vintage car" feel to it and lots of space for traveling.  Now I've upgraded the suspension and other stuff, and help make Bob a wealthier person, stuck a chip and performance exhaust on it and have a list of nice winter projects to make it even nicer, while adding some "more modern features" like keyless remote, one touch windows, etc.

 

Do I hold out hope that someday my 968 will sell for Dino dollars? Naw, but I didn't buy it for that reason.  It wasn't a big seller of a car when it arrived here, due in large part to cheaper Japanese competitors and then the "Boxster rumors" killed any remaining demand.  I've spent some time and money making mine nicer to drive than it was originally and maybe closer to what Porsche would have done if it had survived.  Why? Because I like the car. Even with its quirks.  Is it as good as a Cayman GTS or a 911 GTS Targa? Not remotely. But, it sure fits my budget better.

 

I run with a group that includes 911 Turbos, Cayman GTS's and S's, plain old 911's, a Ferrari or two, and the odd Loti and the like, and I can keep up with them in the twisties, so I'm happy.  And I don't care if the car is never worth a ton of money. I'm having fun.



#51 flash

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Posted 04 October 2016 - 02:47 PM

welcome to the club - we're having jackets made next week



#52 az968

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Posted 04 October 2016 - 03:17 PM

Now, can I get my jacket with  "I Heart M030" emblazoned on the back? :P



#53 flash

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Posted 04 October 2016 - 03:21 PM

roflmao



#54 94SilverCab

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Posted 05 October 2016 - 11:21 AM

Flash,

 

See what you started?

 

7 Reasons Why New Guitars Are Better Than Vintage

 

http://web.musicafic...ampaign=fanpage





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