Porsche 993 cab tip still more than £25....
Discussion
So after 3 months of looking at different Porsches I can't get away from the desire to have another air cooled car, ideally a 993 for all the reasons mentioned by various people HOWEVER what a nightmare market at the moment, I have conceded to a tiptronic and a convertible and actually after driving them think they still do it.
But the issue is price, it just amazes me the price of very average cars, I have always paid about £20k for my 3.2 Carreras and 964's but I have previously had very good cars, it seems a dodgy 993 will sell for £20k even in tiptronic.
So my question....... How much for a good tiptronic convertible ? I saw one yesterday for £19k but when I got there the history was patchy, it had actually been imported from Germany and it needed money spent on it. But I wonder if this is actually an okay deal, get it inspected and if it turns out okay then you have an okay car that you can spend money on in the future to get up to scratch.
It's a sad day when normal air cooled Porsches are in the silly money area reserved for the turbos and old crome cars
But the issue is price, it just amazes me the price of very average cars, I have always paid about £20k for my 3.2 Carreras and 964's but I have previously had very good cars, it seems a dodgy 993 will sell for £20k even in tiptronic.
So my question....... How much for a good tiptronic convertible ? I saw one yesterday for £19k but when I got there the history was patchy, it had actually been imported from Germany and it needed money spent on it. But I wonder if this is actually an okay deal, get it inspected and if it turns out okay then you have an okay car that you can spend money on in the future to get up to scratch.
It's a sad day when normal air cooled Porsches are in the silly money area reserved for the turbos and old crome cars
Well ermm yes I have noticed the rise in air cooled prices and for the right cars with the right spec I.e C2 manual coupe I can completely understand it but I wonder if other models have really gone up as much, you see a fair few cab and tiptronics for less than £20k and I never really see the £25+ convertibles selling. There have been several around advertised for ages , so I wonder to what degree you need to pay £30k to get a decent one of these.....
I'd agree.
Prices have risen across the board recently, and this spring it's all gone a bit silly - mostly perpetuated by certain dealers stimulating the 'bubble' effect.
However, I've also noticed a lot of cars not selling and languishing in the classifieds for a long time, so I would expect things to look more favourable in the coming months. Tips and Cabs do seem to be better value and Targas seem to be slow sellers.
Prices have risen across the board recently, and this spring it's all gone a bit silly - mostly perpetuated by certain dealers stimulating the 'bubble' effect.
However, I've also noticed a lot of cars not selling and languishing in the classifieds for a long time, so I would expect things to look more favourable in the coming months. Tips and Cabs do seem to be better value and Targas seem to be slow sellers.
YoungMD said:
you see a fair few cab and tiptronics for less than £20k and I never really see the £25+ convertibles selling. There have been several around advertised for ages , so I wonder to what degree you need to pay £30k to get a decent one of these.....
I think you'll have to provide the answer yourself by going to look at those cars. They could be over priced tat which is why they have not sold. In the current market I reckon you will have to pay £30K for a really good example.Good replies this is kind of what I think, if I wanted a 80k miles with full service history and 3 owners then I would be happy to pay 30k, but I am happy with a 100k + a bit miles and a car I can use but that is not iffy so I would expect to pay closer to 20k for this in a proper market. I think you are right its time and patients that is required
Problem as touched on, there has been a rise in all classic car prices.
This creates opportunities for even the poor standard cars rising.
I viewed a 3.2 recently at 27k (corrosion on inners sills/B posts-and had been inspected) i wouldn't have paid 18-20k for it.
So IMO theres a lot of buyers going to get their fingers burnt buying at over inflated prices then realising the £000's to make right.
The prices after the summer will drop for vanilla air-cooled cars especially on private sales, certain dealers will have cars marked up at inflated prices and sit on them for yrs though.
This creates opportunities for even the poor standard cars rising.
I viewed a 3.2 recently at 27k (corrosion on inners sills/B posts-and had been inspected) i wouldn't have paid 18-20k for it.
So IMO theres a lot of buyers going to get their fingers burnt buying at over inflated prices then realising the £000's to make right.
The prices after the summer will drop for vanilla air-cooled cars especially on private sales, certain dealers will have cars marked up at inflated prices and sit on them for yrs though.
Couldn't agree more, I went to see a 993 cab tip at a certain David B cars, fair enough it is now only up for £22k but it was up for £25k and the windscreen is corroded and all it other weak points like rear bumper etc, the paintwork was different colour silver on pretty much each panel and just generally a very worn uncared for car. That's a £15k car which okay may sell for 18k with 10k worth of work needed, but £25k that's not nice !!
YoungMD said:
Couldn't agree more, I went to see a 993 cab tip at a certain David B cars, fair enough it is now only up for £22k but it was up for £25k and the windscreen is corroded and all it other weak points like rear bumper etc, the paintwork was different colour silver on pretty much each panel and just generally a very worn uncared for car. That's a £15k car which okay may sell for 18k with 10k worth of work needed, but £25k that's not nice !!
Is there a Yellow cab at Strasse in Leeds?Unsure of the price but that will no doubt be a straight car.
Theres a couple of nice 3.2 cabs also on PH for a squeeze more than 25k but with a little negotiation you never know. Good luck matey.
People are forgetting old minis and triumph tr4s are now going for large sums (my old cooper s would be worth north of 25k now) and resto compared to a 911 are mostly appalling. It's not just air-cooled porsche that have risen.
Compare an old air-cooled to some of the stuff out there and you will see that suddenly they don't seem such silly prices.
Personally I think a high mileage well looked after at 22k a bit of a bargain personally.
Compare an old air-cooled to some of the stuff out there and you will see that suddenly they don't seem such silly prices.
Personally I think a high mileage well looked after at 22k a bit of a bargain personally.
On the other hand prices may continue to rise as the 993 was so underpriced .....................
As modern cars get larger, more and more divorced from a driver experience point of view, etc etc.... It's why I put good money in a 90s sports car compared to a much more capable modern sports car. I think there is plenty of scope for them to rise yet before the market settles.
As modern cars get larger, more and more divorced from a driver experience point of view, etc etc.... It's why I put good money in a 90s sports car compared to a much more capable modern sports car. I think there is plenty of scope for them to rise yet before the market settles.
If they were underpriced then they're now just about on par with European prices which must only be fair, but my point concerns the cars that the OP is talking about-the rough around the edges high mileage cars in dubious spec.
Good cars have always (& will continue to IMHO) command good prices, it's the not so good examples that will drop in value (all IMHO).
Good cars have always (& will continue to IMHO) command good prices, it's the not so good examples that will drop in value (all IMHO).
LaurasOtherHalf said:
Without a doubt comparing 911s to some of the cars I just looked around at the Lake District show today they're good value! However, I still suspect a correction will come when interest rates go back up & it will be these "run of the mill" classics that will feel the pinch hardest.
A very small increase in rates in the short term will make zero difference to these cars values.We are not talking rates up to a significant rate to affect the value.
Rates will not be rocketing up period so this is a nonsenses
I agree with the coments but my basic rule of thumb for now and the last 10 years has kind of been that a decent classic car will cost you £20k, look at an old lotus Elan, and the old bmw's and nice merc's all about £20k for a decent one, and the only cars to break that as a very general rule are specials like the 1970 and earlier 911 and the turbos and one off models like the speedster. Maybe it's time to up the 20k but not to 25k for a dodgy car surely. I even see dodgy 964's going for 20+ and with all respect to the 964 they are not the easiest of classics...... Correction needed at the end of the summer or beyond surely ....
Air cooled prices have me a little confused, there seems to be a lot of variability which requires going to see vehicles and seeing their history and them up close.
I paid £18k for my 107k miles silver with blue manual C2 cab with massive history at 911V bug price 18 months ago and it needed £2k to get mechanically right, so call it £20k all in....I think I got in before the rises started. I then decided to throw some money at it with new Bilstein suspension and a few other bits that weren't actually needed, none of which really add any value but they were for me so I don't care. Cosmetically there's a few hundred £ I would to do it interior wise but other than, it's all good.
I'm curious, what would people think it's worth now at 120k miles for a private sale? (Note I'm not selling, I'm actually in the middle of a 2 month euro road trip
) I'm fortunate in that I've lucked into a couple of appreciating cars (to a greater or lesser extent) - I know where the 550 is roughly at but literally have no idea about the old german girl!
I paid £18k for my 107k miles silver with blue manual C2 cab with massive history at 911V bug price 18 months ago and it needed £2k to get mechanically right, so call it £20k all in....I think I got in before the rises started. I then decided to throw some money at it with new Bilstein suspension and a few other bits that weren't actually needed, none of which really add any value but they were for me so I don't care. Cosmetically there's a few hundred £ I would to do it interior wise but other than, it's all good.
I'm curious, what would people think it's worth now at 120k miles for a private sale? (Note I'm not selling, I'm actually in the middle of a 2 month euro road trip
) I'm fortunate in that I've lucked into a couple of appreciating cars (to a greater or lesser extent) - I know where the 550 is roughly at but literally have no idea about the old german girl!Edited by Mario149 on Sunday 22 June 22:27
Mario149 said:
Air cooled prices have me a little confused, there seems to be a lot of variability which requires going to see vehicles and seeing their history and them up close.
I paid £18k for my 107k miles silver with blue manual C2 cab with massive history at 911V bug price 18 months ago and it needed £2k to get mechanically right, so call it £20k all in....I think I got in before the rises started. I then decided to throw some money at it with new Bilstein suspension and a few other bits that weren't actually needed, none of which really add any value but they were for me so I don't care. Cosmetically there's a few hundred £ I would to do it interior wise but other than, it's all good.
I'm curious, what would people think it's worth now at 120k miles for a private sale? (Note I'm not selling, I'm actually in the middle of a 2 month euro road trip) I'm fortunate in that I've lucked into a couple of appreciating (to a greater or lesser extent) - I know where the 550 is roughly at but literally have no idea about the old german girl!
I would imagine you would get £25k without too much trouble, as you say it's a funny market but clean cars are selling for that at least, especially c2 manuals which sell way way quicker than the cab or rolling green house (targa) I paid £18k for my 107k miles silver with blue manual C2 cab with massive history at 911V bug price 18 months ago and it needed £2k to get mechanically right, so call it £20k all in....I think I got in before the rises started. I then decided to throw some money at it with new Bilstein suspension and a few other bits that weren't actually needed, none of which really add any value but they were for me so I don't care. Cosmetically there's a few hundred £ I would to do it interior wise but other than, it's all good.
I'm curious, what would people think it's worth now at 120k miles for a private sale? (Note I'm not selling, I'm actually in the middle of a 2 month euro road trip
) I'm fortunate in that I've lucked into a couple of appreciating (to a greater or lesser extent) - I know where the 550 is roughly at but literally have no idea about the old german girl!It's not rocket science, as these are generally accepted as classics as the good ones rise so do the rough ones, the differential being the perceived cost to get a rough one up to scratch which is pretty static.
The only thing you can't change is mileage but we all know buy on condition so the above is still valid.
Other marks the cream rise and the dogs die as the perceived potential value won't exceed the cost / time to refresh
The only thing you can't change is mileage but we all know buy on condition so the above is still valid.
Other marks the cream rise and the dogs die as the perceived potential value won't exceed the cost / time to refresh
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