31 replies to this topic

[Fox944]

http://www.autotrade...;standard=false

[Anchorman]

If only I had the space for another car.

Doesn't that price seem unnecessarily low? Makes one wonder...

[Ryan]

That is a DEAL!

[rxter]

If only I had the space for another car.

Doesn't that price seem unnecessarily low? Makes one wonder...

I had the same thought. This is a tough economy and a lot of people are being forced to make some tough choices. So today there may be a free lunch or two out there, but at any price it makes sense to pay the few $hundred for a very thorough PPI. As noted in other posts it is getting harder to replace worn out bits on these cars and so the usual maintenance items, as well as those bits that wear out after 15+ years are going to be getting more expensive to replace.

[ds968]

I hate this crap - economic conditions or not , how desperate does one have to be to sell a working 968 for $ 6 k ? $ 15 k maybe I could come to terms with, but letting it go for $ 6 k is probably indicative of a rush search for a "bandaid" and whilst that may get you out of an immediate bind
it will only make you regret letting go of a car that you may never ever be able to replace again for 6k or 10k or even 20k perhaps with a near comparable vehicle, when you eventually rebound.. I am not suggesting keeping the car regardless how big the problems you're facing are, IF it happens to be a spare vehicle and IF you're in need for immediate money, but $ 6k for anything other than a salvage, non-functioning 968 ?

Sales at these prices are going to only give insurers more justification and supporting evidence to screw anyone whose misfortune may be an accident resulting in a totaled car .. good luck arguing that you car is worth a lot more that what current sales dictate ...

[gryphon]

Let's hope that the "processing fee" is around $10,000.

Sad, sad, sad.

Tom

[josephsc]

Here's one listed for $6k in NorCal -- though I predict this one has issues to be worked out:

Craigslist ad

[Fox944]

I hate this crap - economic conditions or not

its sad. Clean late model 944 Turbo's & S2's are starting to sell for more money then 968's. Even a really clean '88 924 S with low mileage will fetch 6K. Only the the best of the best 968's are commanding decent money currently.

at the end of the day, the owners are the only people to blame. Selling and letting these cars go for so little...driving the market for them down. In the last couple of months i've seen 4 diff. 968's sell ranging from $1,500-$6,000.

E30 M3's owners are a smart bunch. I bought my '90 M3 for 10K and sold it for 12.5K over a year later. If i still had it today, i could sell it for over 20K. 88-91 M3's with well over 100K miles are going for over 20K easy in todays market.

Edited by Fox944, 09 April 2009 - 02:57 PM.

[Joel]

i actually live in fairfax... dad and i are going to look at it this weekend hopefully.

[midblu]

That is just plain sad....

Ron
94 coupe/6 speed

[Darryl]

its sad. Clean late model 944 Turbo's & S2's are starting to sell for more money then 968's. Even a really clean '88 924 S with low mileage will fetch 6K. Only the the best of the best 968's are commanding decent money currently.

at the end of the day, the owners are the only people to blame. Selling and letting these cars go for so little...driving the market for them down. In the last couple of months i've seen 4 diff. 968's sell ranging from $1,500-$6,000.

E30 M3's owners are a smart bunch. I bought my '90 M3 for 10K and sold it for 12.5K over a year later. If i still had it today, i could sell it for over 20K. 88-91 M3's with well over 100K miles are going for over 20K easy in todays market.

Couldn't have said it better...let's hope that whoever bought this, (I just clicked the link and it says "car has been sold") is a true Porsche (and/or 968 specifically) enthusiast and will a.) maintain the car, b.) not sell it for awhile so they can enjoy it, and c.) join the forum so they can learn what it's all about.

There's no way on earth that we can expect any of our cars to increase in value with stuff like this. I'm not sure what the attraction is to the 944 Turbo...just as pricey to maintain and more stuff to break, but probably more parts readily available. Sub 10K Boxsters aren't helping either. I guess most people out there really don't know enough about the 968.

- Darryl

Edited by Darryl, 09 April 2009 - 04:22 PM.

[gryphon]

Here's one listed for $6k in NorCal -- though I predict this one has issues to be worked out:

Craigslist ad

"The hood needs to be aligned and secured properly and the windshield has a crack on the lower passenger side"

Like it's taken a hit?

Tom

[Johannvb]

"The hood needs to be aligned and secured properly and the windshield has a crack on the lower passenger side"

Like it's taken a hit?

Tom

Looking at the picture it seems like the hood is standing proud of the body where is meets the windshield. IMHO something is seriously wrong there.

[PorscheDude]

What do you expect for $6k?
Buy it and part it.
Or drive it like on old toyota.
For $6k with 103K miles, it its a hell of a beater.

Why bash the seller. No one here has even driven it or seen it.

[Johannvb]

I find it strange that 968 pricess are so low in the US. On average a good low mileage 968 Coupe will cost around €15 000 here in the Netherlands and Germany seems to have the same level of prices. A good CS or Carbio will get up to €20 000.

[rhudeboye]

I guess someone got it.




This car is no longer listed for sale.

The seller has removed this ad from the site.

[Fox944]

What do you expect for $6k?
Buy it and part it.
Or drive it like on old toyota.
For $6k with 103K miles, it its a hell of a beater.

Why bash the seller. No one here has even driven it or seen it.

If the car was as decribed and as clean as the pictures lead one to believe, it sold for well below the percieved market value. Quite a few of them sold for dirt in the last couple of months. At the end of the day, all this does is lower the value of our cars....one can't be happy about that. There are 87-88 924's selling for nearly the same price.

[Mark]

People criticizing the seller don't know the cars condition or the seller's economic situation. $6,000 might be a short term fix as said above but it could possibly pay the person mortgage for 2, 3 or 4 months. I'd rather have my house than my car. Sorry, I think a lot of you have a misconception of the market value of car that most people don't recognize when you can buy a 996 in the teens now.

[Fox944]

People criticizing the seller don't know the cars condition or the seller's economic situation. $6,000 might be a short term fix as said above but it could possibly pay the person mortgage for 2, 3 or 4 months. I'd rather have my house than my car. Sorry, I think a lot of you have a misconception of the market value of car that most people don't recognize when you can buy a 996 in the teens now.

the 996 is the least desirable generation of the 911. 993's have higher resale and even many 964's will fetch more then 996's. The 996 is a car that is considered ugly by many & is feared by many due to the RMS issues. naturally they wont have a high resale. Aside from that, any 996 you pick up in the teens is going to be a clapped out example with either high mileage or in very poor condition.

On the flip side, 993's & E30 M3's are fetching more today (despite the poor economic environment) then they have in a very long time.

[flash]

i agree - prices are falling all over - the only 968 prices i expect to see stabilize or go up would be low mileage (under 30k) cars - these cars are now 14 years old at best, and fast approaching 20 for some - that does not bode well for resale - cars with more miles than that will be plummeting at an ever increasing rate, and i expect them to bottom out slightly higher than the immediately preceding 944 in the next year or two