Uber low mileage 3.2 G50 Carrera for sale

Uber low mileage 3.2 G50 Carrera for sale

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Discussion

Wozy68

5,390 posts

170 months

Thursday 18th February 2016
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9e 28 said:
Ok they are both low mileage (and what a waste that is), and I am not one for normally stating the bubble is about to burst, but this is just plain silly pricing, profiteering and stupidity .... The stupidity might well mean the fool who would actually buy them at these prices.... They are bloody 3.2 Carreras after all, lovely cars, but hardly rare, they built thousands of them.

Just what could you do with these two if you bought them ...... unless your a millionaire you aint going to drive them because of their perceived value with such low mileage.

This can't all be down to 'investers' it does seem obvious that again like the late Eighties the dealers are well and truly getting greedier and greedier.

We surely will see a price correction soon, and hopefully quickly.


Edited by Wozy68 on Thursday 18th February 12:29

9e 28

Original Poster:

9,410 posts

201 months

Thursday 18th February 2016
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Hi Wozy. Don't disagree I'd prefer to buy one that has a few more miles i.e. a car one does not feel guilty using. Having said that i'd happily drive the wheels off the 32000 mile car at JZM. I can't imagine many of the 75000 odd variants made of this model are in the sort of condition these cars are - most of them are rust buckets. Also these are real Porsches. A new 991 C2s is what a £100k nowadays hence the 12k mile G50 Carrera doesn't look so expensive against a new Porsche and its a far more analogue/special experience. Close your eyes in any modern 911 and you could be driving any old box saloon.

As other more intelligent PHers than me have pointed out this crash isn't coming anytime soon. Far too much cash floating around in the system for this to happen. Loans at 3% etc. Banks literally giving money away at the moment.

Just playing devils advocate for a second we have all benefited from this Porsche phenomenon. What was you 993 worth a few years ago? Maybe £15k? Today £35k! I wouldn't look a gift horse in the mouth lol....

Scooty100

1,469 posts

116 months

Thursday 18th February 2016
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Wozy68

5,390 posts

170 months

Thursday 18th February 2016
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9e 28 said:
As other more intelligent PHers than me have pointed out this crash isn't coming anytime soon. Far too much cash floating around in the system for this to happen. Loans at 3% etc. Banks literally giving money away at the moment.

Just playing devils advocate for a second we have all benefited from this Porsche phenomenon. What was you 993 worth a few years ago? Maybe £15k? Today £35k! I wouldn't look a gift horse in the mouth lol....
See what your saying me old matey smile

The difference here though (to me at least) is that where my dear old 993 has indeed doubled in value, its value has gone up because of the bigger classic car market. I can't see (especially the 12K mile 3.2) going up if you start to drive it, and if you can't drive it is really ever going to be valued at more than 100K in the future? So where's the investment.

I'd agree with you on the other, if I had the money to not worrying it was losing value driving it, I'd be thrashing the babe from one end of the Continent to other and enjoying every minute of it biggrin

9e 28

Original Poster:

9,410 posts

201 months

Koln-RS

3,858 posts

212 months

Sunday 6th March 2016
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Very nice.

Agree it's pricey, but one of the nicest examples I've seen for a while, from a bona fide dealer.

The best low mileage air-cooled 3.2s/964s/993s do seem to be edging upwards.


g7jhp

6,961 posts

238 months

Sunday 6th March 2016
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9e 28 said:
This silver 3.2 with 41k was up for £50k last year at the same dealer.

It went, whether it sold or was just stored we'll never know.

It's now £85k, which is madness for a cooking 3.2. However nice it maybe.


9e 28

Original Poster:

9,410 posts

201 months

Sunday 3rd April 2016
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Scooty100 said:
JZM 1988 G50 Carrera 3.2 just sold for £74k!

ex1

2,729 posts

236 months

Sunday 3rd April 2016
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Thats astonishing. Sold a similar car for less than half that 2 years ago. They really aren't that special.


9e 28 said:
JZM 1988 G50 Carrera 3.2 just sold for £74k!

Geneve

3,859 posts

219 months

Sunday 3rd April 2016
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I had a 3.2 G50 CS for 12 years and loved it. It was always sweet and engaging to drive with the lovely build quality of that Porsche 911 era. And look at CS prices now!

These 'time warp' cars will always look disproportionately expensive, but, if someone has the wherewithal, and wants a crisp as new air-cooled 911 in the garage, then they will pay for the privilege - in exactly the same way that some people will pay a premium for a GT4, 991RS, etc.




EGTE

996 posts

182 months

Sunday 3rd April 2016
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...then they have to spend mega-bucks rebuilding the engine, replacing the bushes and hoses that have perished, fixing the rust that's been hidden with filler and then finding the car's slower than a TD Skoda (just like the EVO editor is doing) and then being unable to drive it because of the value it loses.

Not sure why anyone would think this is a good idea, other than using the classic bubble mentality of 'some great fool will pay more'.

9e 28

Original Poster:

9,410 posts

201 months

Sunday 3rd April 2016
quotequote all
EGTE said:
...then they have to spend mega-bucks rebuilding the engine, replacing the bushes and hoses that have perished, fixing the rust that's been hidden with filler and then finding the car's slower than a TD Skoda (just like the EVO editor is doing) and then being unable to drive it because of the value it loses.

Not sure why anyone would think this is a good idea, other than using the classic bubble mentality of 'some great fool will pay more'.
Do not agree with this. I bet a time warp 60,000 or 30,000 3.2 Carrera or 964 C2 which are now a minimum of 25 years old are in far far better like for like condition than most 30,000 or 60,000 mile 996 and 997.

The JZM car is mint with zero rust. Thats why someone has just paid £74,000 for it.

The old cars if looked after properly will live far longer than us or their newer siblings. Have you ever looked round a mint air cooled car? Just pull the door handle and close the door. That will give you an idea of well built these old things are.

Geneve

3,859 posts

219 months

Sunday 3rd April 2016
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EGTE said:
...then they have to spend mega-bucks rebuilding the engine, replacing the bushes and hoses that have perished, fixing the rust that's been hidden with filler and then finding the car's slower than a TD Skoda (just like the EVO editor is doing) and then being unable to drive it because of the value it loses.
Not sure why anyone would think this is a good idea, other than using the classic bubble mentality of 'some great fool will pay more'.
That's why some people will pay a premium for the 'time warp' cars that have enjoyed minimal usage and maximum care. A 'classic' without the hassles.

g7jhp

6,961 posts

238 months

Sunday 3rd April 2016
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9e 28 said:
Do not agree with this. I bet a time warp 60,000 or 30,000 3.2 Carrera or 964 C2 which are now a minimum of 25 years old are in far far better like for like condition than most 30,000 or 60,000 mile 996 and 997.

The JZM car is mint with zero rust. Thats why someone has just paid £74,000 for it.

The old cars if looked after properly will live far longer than us or their newer siblings. Have you ever looked round a mint air cooled car? Just pull the door handle and close the door. That will give you an idea of well built these old things are.
You wouldn't own a 3.2 Carrera and 964C2 would you? wink



9e 28

Original Poster:

9,410 posts

201 months

Sunday 3rd April 2016
quotequote all
g7jhp said:
9e 28 said:
Do not agree with this. I bet a time warp 60,000 or 30,000 3.2 Carrera or 964 C2 which are now a minimum of 25 years old are in far far better like for like condition than most 30,000 or 60,000 mile 996 and 997.

The JZM car is mint with zero rust. Thats why someone has just paid £74,000 for it.

The old cars if looked after properly will live far longer than us or their newer siblings. Have you ever looked round a mint air cooled car? Just pull the door handle and close the door. That will give you an idea of well built these old things are.
You wouldn't own a 3.2 Carrera and 964C2 would you? wink
Have you ever actually looked under a 996 or 997? The corrosion on engine, suspension components will make you fall of your chair. I do have water-cooled by the way and have been looking for a nice 7 GT2/GT3 or 993 C2 for a while so not stuck on one set of cars or tother. Even started going weak at the knees of a beautiful 996 turbo X50 JZM have in Lapis Blue then came to my senses i.e. already had a turbo so why buy another but my its a time warp example they currently have smile

g7jhp

6,961 posts

238 months

Sunday 3rd April 2016
quotequote all
9e 28 said:
Have you ever actually looked under a 996 or 997? The corrosion on engine, suspension components will make you fall of your chair. I do have water-cooled by the way and have been looking for a nice 7 GT2/GT3 or 993 C2 for a while so not stuck on one set of cars or tother. Even started going weak at the knees of a beautiful 996 turbo X50 JZM have in Lapis Blue then came to my senses i.e. already had a turbo so why buy another but my its a time warp example they currently have smile
Yes.

Some of the nuts and bolts used on the 996/997 are a poor quality and it's best to swap when doing work around the car. However they are fantastic in other areas and well protected from bodywork rust unlike the 3.2 and 964.

I ran my 3.2's in all weathers and they did need attention as they do rot. Likewise the 964 tends to get it around the rear lights. My 993 was a solid car, but didn't have the soul of the 3.2 that it replaced or the one that replaced it.

The 997 and 997 turbo's are fantastic and a performance bargain compared with these earlier cars.

A 996.2 C2 or still an interesting buy if you can get past worrying about the engine!







9e 28

Original Poster:

9,410 posts

201 months

Sunday 3rd April 2016
quotequote all
g7jhp said:
9e 28 said:
Have you ever actually looked under a 996 or 997? The corrosion on engine, suspension components will make you fall of your chair. I do have water-cooled by the way and have been looking for a nice 7 GT2/GT3 or 993 C2 for a while so not stuck on one set of cars or tother. Even started going weak at the knees of a beautiful 996 turbo X50 JZM have in Lapis Blue then came to my senses i.e. already had a turbo so why buy another but my its a time warp example they currently have smile
Yes.

Some of the nuts and bolts used on the 996/997 are a poor quality and it's best to swap when doing work around the car. However they are fantastic in other areas and well protected from bodywork rust unlike the 3.2 and 964.

I ran my 3.2's in all weathers and they did need attention as they do rot. Likewise the 964 tends to get it around the rear lights. My 993 was a solid car, but didn't have the soul of the 3.2 that it replaced or the one that replaced it.

The 997 and 997 turbo's are fantastic and a performance bargain compared with these earlier cars.

A 996.2 C2 or still an interesting buy if you can get past worrying about the engine!
O/T and by way of example a poor fellow recently bought a 997.1 turbo recently and it was holding back on power. Look at the corrosion on its turbos. Dealer who deals in exotics i.e. Lambs, Fezzas etc refused to replace under warranty a few days after purchase as he felt the could be refurbished! Both Indy and Porsche felt they would disintegrate on removal. Poor new owner also had to fit a new offside intercooler to replace the old leaking corroded intercooler. On top of that he needed two new inner steering rack joints (corroded), and two new rear lower suspension arms (worn and corroded). Porsche should be using quality components but instead choose to use crap. Your car probably lives in a nice cosy garage. Those that do not unfortunately do rust. Its ridiculous these modern Porsches rust more than cheap modern Japanese cars or VWs and Fords if used properly and left outside.


rubystone

11,252 posts

259 months

Sunday 3rd April 2016
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996s are so much better protected from corrosion than their predecessors. I've done a fair amount of work on air cooled 911s I've owned over the years and the 996 I own now has them beat in so many areas. Rusty captive nuts in bellows? Seized bolts in tinware?

Would I spend £74k on a low mileage 3.2? I don't think it's special enough to be honest. I'd rather spend that on a 2.4T, but that's just me, I guess? I am sure that no one buys these cars expecting them to be quick though!

9e 28

Original Poster:

9,410 posts

201 months

Sunday 3rd April 2016
quotequote all
rubystone said:
996s are so much better protected from corrosion than their predecessors. I've done a fair amount of work on air cooled 911s I've owned over the years and the 996 I own now has them beat in so many areas. Rusty captive nuts in bellows? Seized bolts in tinware?

Would I spend £74k on a low mileage 3.2? I don't think it's special enough to be honest. I'd rather spend that on a 2.4T, but that's just me, I guess? I am sure that no one buys these cars expecting them to be quick though!
For sure at that money I'd be looking at an F430