964 C2 - Do I just generate a random number ?!

964 C2 - Do I just generate a random number ?!

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Iddingtons

Original Poster:

177 posts

218 months

Wednesday 26th August 2015
quotequote all
Hello all,

Well, I think the time has come to sell my beloved 964 C2 (Manual). I just don't seem to get much chance to use her anymore so I think I'd rather see someone else enjoy her.

Problem is, I have no idea how to value her! Looking at the classifieds the asking prices are all over the place and I can't tell what, if anything, is actually selling. For a 'normal' car I'd turn to glass' guide but not sure that really helps much in this instance so I'm just after a little advice on how other people approached it ?

I guess the answer is base my asking price against the ads up now but I'm just wondering if there is a more recognised 'guide' approach out there ?

Thanks,

Id.

Iddingtons

Original Poster:

177 posts

218 months

Wednesday 26th August 2015
quotequote all
I like the spreadsheet idea, will give that a go!

Regarding the 'value adds' that were mentioned, my car is pretty reasonable.

It's a 1991 C2 Coupe manual in Turquoise with a cream interior (Rare / special colour ?)
122,000 miles (So not super low but not unreasonable)
RWD as C2 but no air-con if that makes much difference (Does have a sun roof)
Minor mods but nothing major i.e. 17" cup alloys, strut brace, braided brake lines and lowered slightly from stock.
Full stamped up history (Mix of Porsche and recognised specialists - Project nine being used for last three years by myself)
Lots of reciepts etc. too
Condition is very good with anything that the garage said needed doing done. Therefore it's had poly bushes, recent tyres and new starter motor etc. in the last three years to make sure the car was running/driving well.

I'll attempt to add a picture.....


Iddingtons

Original Poster:

177 posts

218 months

Thursday 27th August 2015
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ray stobbs said:
nice car should sell well just had a valuation on mine of Porsche club of 35k and mine has full history and 160k miles if that helps
Thanks, that's interesting and seems to line up with my initial pricing spreadsheet so I think I am on the right track.


Koln-RS said:
Really ?

I would see it as a usable, rather than collectable, example

Having had a look at a dozen examples or so Bigunit's input doesn't seem so far removed from reality. Certainly 50k does seem high end but the cars at this end are still similar mileage/usage. I would agree my car is a clean and tidy usable car, not a display piece as such but still in very good condition. I am leaning towards the 45k bracket but will keep doing some research to be sure before I put an advert up on Pistonheads.

Thanks for the input everyone. She is a lovely car and will be missed.

  • edited to make more sense and for typo on my thinking!
Edited by Iddingtons on Thursday 27th August 10:28

Iddingtons

Original Poster:

177 posts

218 months

Thursday 27th August 2015
quotequote all
ras62 said:
Your car is in a very desirable colour, it is very rare. How much that adds to the sell price I have no idea. I know of a 130k mile C2 that recently sold quickly at mid 40's. It was a lovely car to be fair.
The colour is ultra rare I think. I've never seen another one. It is listed simply as 'Turquoise' according to the build sticker so not sure if it is a one-off or anything.

It's one of the things that makes me question selling, I know I'll never find another one!

Iddingtons

Original Poster:

177 posts

218 months

Tuesday 1st September 2015
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bigunit00 said:
Haha - mainly update on Facebook these days Boxsey. Yes needed the dosh mate and sold it to someone we both know so is being well looked after. I ended up finding a pearl white c2 manual coupe in Ireland (c16 car originally) of all places circa February. Pic below wink



That looks lovely!

Well, it's official, mine is now advertised. I updated my excel sheet and priced mine a little below the competition. Will see if I get any interest. If not, I will enjoy her for another year !

Thanks for all your input everyone.

David.


Iddingtons

Original Poster:

177 posts

218 months

Tuesday 1st September 2015
quotequote all
g7jhp said:
£48k. Was that based on current asking prices or selling prices?
Bit of both and also the comments on here plus what I've read elsewhere.

Iddingtons

Original Poster:

177 posts

218 months

Tuesday 1st September 2015
quotequote all
andy_roe said:
Good luck with the sale - it looks a nice car. It's also similar in spec to mine (mileage/rare colour/C2 etc) - if/when you do sell it would you be able to share the sale price?
Assuming it sells then you're welcome to PM me.

Iddingtons

Original Poster:

177 posts

218 months

Wednesday 2nd September 2015
quotequote all
robertpaulson said:
fwiw the red c2 at svp has sold already, i would assume at 45k
That's interesting and a good sign. I will see what offers I get. I will also approach a few dealers to see what trade-in I can get as saves a great deal of hassle.

pete a said:
When the bubble does pop i wouldn't fancy having 45-50k in a 964 C2, ouch!!! great car at 25-30k but lets face it, its not 50k worth, the only reason people are paying it is because there is the belief that it is safe money or an investment not because it drives like 50k worth of car. As soon as confidence in being safe money goes it's back to just being an old 911 again.
I don't see them dropping too much if at all really. Not beyond the normal cycles of the classic car market at least. There isn't going to be any more made after all and well maintained examples are rare.

Iddingtons

Original Poster:

177 posts

218 months

Wednesday 2nd September 2015
quotequote all
pete a said:
Straight question then and be honest, how much did you pay for it, 20k? 15K? It's the same car and they weren't making them anymore when you bought it either i expect.
True, but it was under valued then ;-)

Iddingtons

Original Poster:

177 posts

218 months

Wednesday 2nd September 2015
quotequote all
g7jhp said:
Agree I do think they were undervalued at £15-20k, but still don't think they're £50k.

But you can't blame anyone for selling high, if the market will buy at that price and your car does look like a nice example.

Your advert could do with some interior shots BTW! smile
I think my car is a nice example but then I may be a little biased....

It's early days so I'll see how the interest goes. Good call on the interior shots though, I'll get some up as soon as I get chance.

Iddingtons

Original Poster:

177 posts

218 months

Wednesday 2nd September 2015
quotequote all
mollytherocker said:
So, just to be clear, you don't think a 964C2 is worth 50k then? biggrin
I think he's on the fence on this one.

No offence taken by any of the comments btw. I appreciate they're directed at the market and not my car as such :-)

Like all markets, some people will always have differences of opinion. It's what makes the world interesting.

Iddingtons

Original Poster:

177 posts

218 months

Monday 14th September 2015
quotequote all
Well, I took another look and updated my excel file. As a result I've brought my price down.

Interestingly the 964 got tipped as a sound investment in this months classic car magazine.

Iddingtons

Original Poster:

177 posts

218 months

Monday 14th September 2015
quotequote all
pork911 said:
pop! wink
g7jhp said:
Yep, if you bought before pre-2013. wink
Have more faith ! :-)

sim16v said:
Id,

have you had (m)any enquiries about your car yet?

I'm thinking about selling mine and I don't know whether to try now or have a bit more fun with it and wait until next May/June.
I wouldn't say the enquiries I've had were very serious (Hence it's not sold!) but then it's only been a week or so.

It may be a little late in the year now but I've only really advertised to see if I got a bite or not as in no rush to sell and happy to hold until next year if required.

Iddingtons

Original Poster:

177 posts

218 months

Monday 26th October 2015
quotequote all
I've had a lot of vague / poor emails I've ignored but not much serious interest.

I lowered the price as watching the adverts made me think I was being a too optimistic before. I've also started to resign myself to selling now and think about what I can do with the money - always dangerous !


Iddingtons

Original Poster:

177 posts

218 months

Monday 14th March 2016
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I decided to stop advertising over the winter and wait for the spring.

Then I bought a Porsche child seat so I can finally take the whole family out, and started dreaming of using it more this summer.....

My three year old daughter keeps asking to be picked up from nursery in my 'brum brum' car.

I think I'm going to get the paintwork detailed and enjoy it for a while longer !

Iddingtons

Original Poster:

177 posts

218 months

Tuesday 15th March 2016
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Poorsh said:
What car seat did you get how does it fit?
After trying numerous car seats and never being happy with the over hang, belt crunch or how far the seats were pushed forward by the bulkhead I finally decided to go for a Porsche Prince from EBay such as LINKY

It was something I was hoping to avoid as I wanted a new seat really but one came up for £25 with wear on the cover (importantly the shell was fine) so I took a punt on it. Once my daughter is a bit older (4+) I'll try a booster with a back such as the Maxi Cosi Rodi. Alternatively I might keep using the Porsche shell without the front bar and combine it with a ride safer vest ( LINKY) instead. That way she gets a bit more chest protection than just a booster with a normal belt.

I'm in the UK, so note that the ride safer vests aren't approved as far as I know, so you'd have to use the shell / or a booster in combination with it to meet UK law. It's just a little extra something to help keep little ones safe.

David.