Porsche 968 prices
Discussion
I'm think of off-loading my 968 given it's either going to be stuck in storage or a garage when i move home later this year. Looking around at the classifieds - prices are as low as £7k. My weekend drive is a blue 1993 coupe with all the usual mechanical bits sorted (belts, diff) and i've spent nearly £5k on the car since i bought it. Is the market for 968s likely to get better or shall i just get rid of it now and take the hit? Also, has anyone chopped in their car at a dealer - just to avoid hassle and time-factor i.e. weeks rather than months?
Edited by fido on Tuesday 27th March 11:58
Well i guess it's the dealer route then.majordad said:
Sorry to bear bad news Fido but 968 prices are as low as £2000. You will never see the £7000. They have become a niche, an unloved one at that. I know a number of people trying to move theirs on for a long time and no bites at all.
£2K?? That can't be for a running car can it? S2 prices are above that for anything with an MOT so 968s should be at least a bit higher. there's still demand for good 944s so why should 968s have become an "unloved niche"?Only immaculate concourse-standard 968s (for the collectors), nice cabs and, of course, CS or turbo, will hold their value over time IMO. Average coupes or tips will continue to fall in just the same way that other comperable cars are. Keep it and use it more.....
when I bought my 944 s2 (approx a month ago), I had a 3-4k budget. I kept my eyes on 968s for something a bit more modern, and nothing came up below 5k.
I've never seen one for 2k. not to say no-one has ever spent that, but at 2k I would expect it to be very broken. Most S2s for that money are a bit ropey
eta : that said theres a high mile one on ebay for £4500. Either way. I personally only see the values continuing gently down. 924s and 944s have yet to find a bottom, swapping hands below £1000
I've never seen one for 2k. not to say no-one has ever spent that, but at 2k I would expect it to be very broken. Most S2s for that money are a bit ropey
eta : that said theres a high mile one on ebay for £4500. Either way. I personally only see the values continuing gently down. 924s and 944s have yet to find a bottom, swapping hands below £1000
Edited by 5lab on Tuesday 27th March 13:22
fido said:
I'm think of off-loading my 968 given it's either going to be stuck in storage or a garage when i move home later this year. Looking around at the classifieds - prices are as low as £7k. My weekend drive is a blue 1993 coupe with all the usual mechanical bits sorted (belts, diff) and i've spent nearly £5k on the car since i bought it. Is the market for 968s likely to get better or shall i just get rid of it now and take the hit? Also, has anyone chopped in their car at a dealer - just to avoid hassle and time-factor i.e. weeks rather than months?
Can you PM me any more pics and details as well too please? Edited by fido on Tuesday 27th March 11:58
will_968 said:
I don't know Fido's car, but there's plenty changing hands for more than 7k. They're worth about 5k as parts.
I was going to say, feel free to pop round with your 968, but then i noticed your were in Hong Kong.Its not a Sport, or Club Sport, but it is a very original Coupe (aside from wiper delete) which has had all the typical 968 issues sorted. Leather seats (particularly the drivers side) need a refurb, else it's a keeper. I'll get some photos done in any case.
Edited by fido on Tuesday 27th March 13:43
ks.I just looked at your garage - 'Bought for £6,900 in May 2007 at 119,100 miles. Now worth about £8,500 at 125,000 miles.'
If its in good condition, its probably worth about £5k. Considering you bought it for £6.9k, 5 years ago, I would say you have done VERY well, even with the 5k spend, thats only 1k per annum maintenance.
£8.5k is dreaming I'm afraid. You get a nice 'Sport' for that which most prefer.
In terms of the near to medium term, I cant see these moving much, so if you can afford to keep it, then why not?
MTR
If its in good condition, its probably worth about £5k. Considering you bought it for £6.9k, 5 years ago, I would say you have done VERY well, even with the 5k spend, thats only 1k per annum maintenance.
£8.5k is dreaming I'm afraid. You get a nice 'Sport' for that which most prefer.
In terms of the near to medium term, I cant see these moving much, so if you can afford to keep it, then why not?
MTR
majordad said:
Sorry to bear bad news Fido but 968 prices are as low as £2000. You will never see the £7000. They have become a niche, an unloved one at that. I know a number of people trying to move theirs on for a long time and no bites at all.
Sorry, I would also have to agree that das ist schumakers as well. Have a look at the PH classifieds. I also just had a look at 968 prices on mobile.de. 
As mine is a lhd CS, could be sorely tempted to move it off in that direction! mollytherocker said:
£8.5k is dreaming I'm afraid. You get a nice 'Sport' for that which most prefer.
In terms of the near to medium term, I cant see these moving much, so if you can afford to keep it, then why not?
TBF I typed the '£8.5k' some years ago - probably in the good old days when Lehmans were still around!In terms of the near to medium term, I cant see these moving much, so if you can afford to keep it, then why not?
But thanks for the feedback. I'll happily it buy for £5-6k. smarmy 993 owners
Edited by fido on Tuesday 27th March 17:29
mollytherocker said:
In terms of the near to medium term, I cant see these moving much, so if you can afford to keep it, then why not?
This is the approach we are taking, from now on we will just run the car using bangernomics as it only becomes a money pit if one wants them to be perfect. It let us down the other week leaving us stranded but all it needed is a new battery and a new part in the door handle. For what they are worth now is there really anything that can touch a 968 that is mechanically sound? I don't think so. Ours has like new leather, fresh suspension and working aircon as well. Sounds crazy but I use a Fiat Panda now as my main car and mrs NJH will continue to use the 968 as an occasional shopping car. Stick it on an Admiral multi-car policy and your only looking then at a bit of RFL each year and somewhere to keep the thing.blade7 said:
Maybe a LHD tiptronic cat C, I looked for a 968 to convert to turbo for a long time, never saw a car for less than £4k,
A couple of years ago even wheezy imports were going for north of £5k, I can't see prices having tanked since then. If anyone is knocking out 968 s at £2k I might go and get my cheque book.majordad said:
Sorry to bear bad news Fido but 968 prices are as low as £2000. You will never see the £7000. They have become a niche, an unloved one at that. I know a number of people trying to move theirs on for a long time and no bites at all.
Troll....? Most cars are down at the moment its all relative, but I and many others would love to pick up a clean 968 coupe for £2k, £5k is generally the baseline for a decent car with a few miles on. A lot of car for the money.Gassing Station | Porsche General | Top of Page | What's New | My Stuff