968 advice please

968 advice please

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huge

Original Poster:

1,138 posts

285 months

Thursday 3rd November 2005
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My brother has a LHD 968 cabriolet J-REG which he lavishes money and attention on.Hes convinced it will be a classic one day....is he right?

hoges11

1,011 posts

229 months

Thursday 3rd November 2005
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IMHO no he isnt. (I have one too but RHD). Its a great car and not too many made but its price will continue to drop. The 968 was the budget car of the Porsche range when it was launched, much like the Boxter today. A classic porsche of the future will be limited and expensive. Tell him to keep the car , drive it, enjoy it but dont think of it as an investment, cos it isnt.

huge

Original Poster:

1,138 posts

285 months

Thursday 3rd November 2005
quotequote all
I must admit I love the looks but I find the interior very dated,it goes well though....but then it should,the amount of love it gets

softinthehead

1,550 posts

240 months

Thursday 3rd November 2005
quotequote all
its already a classic...just very few people realise it yet. I think your bro should continue lavishing love and money on it cos its gorgeous and fast, and let the future take care of itself

Shed17

246 posts

237 months

Thursday 3rd November 2005
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I think you will find that 968 prices have peaked and are now beginning to slide. The fact that it is LHD and a cab don't help matters.

Just enjoy it.

UK952

764 posts

260 months

Friday 4th November 2005
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Good ones are getting rarer, so if he ever decides to sell and can find someone looking for a good one they may pay more. If you dont spend money on them they can go downhill quickly.

kamal996

4,226 posts

245 months

Friday 4th November 2005
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A 968 Club Sport will be a classic-but a cabriolet....I think not!

domster

8,431 posts

271 months

Friday 4th November 2005
quotequote all
In answer to the original question, no.

The 968CS is and will be a classic, but the other models won't be.

The 968 cab is a nice car tho' and plenty cheap enough these days, but it won't appreciate or be highly prized in the future. If you have a speed yellow 968CS with M030 options and low miles today it is probably worth 80-90% of its new cost, and this may climb in the future. In comparison, a 968 cab is probably worth no more than 20% of its new cost.

david968s

415 posts

231 months

Friday 4th November 2005
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968 prices are falling faster than they have in several years - hence why I sold mine. Prices will always be relatively strong for 968s as they are rare but they have to bottom out first. LHD cabs are probably the least desirable version in the UK, only could be worse if it was a tip. It won't ever increase in value substantially, but depreciation should be pretty much non-existent in a couple of years time - which is when I might buy another!

huge

Original Poster:

1,138 posts

285 months

Friday 4th November 2005
quotequote all
Thanks to all who replied....I'll tell him to keep lavishing the love and ease up on the outlay...necessities only from now on!

Paul968

179 posts

245 months

Friday 4th November 2005
quotequote all
domster said:
The 968 cab is a nice car tho' and plenty cheap enough these days, but it won't appreciate or be highly prized in the future. If you have a speed yellow 968CS with M030 options and low miles today it is probably worth 80-90% of its new cost, and this may climb in the future. In comparison, a 968 cab is probably worth no more than 20% of its new cost.


That's a tad exagerated don't you think? I can't remember what the new price of a cab was, but if you say 40k, 20% is 8k. I'm sure a nice low miles cab wouldn't hang around long at that price! The Club Sport is even more extreme - an M030 CS would have cost £31500 approx, so your low figure of 80% gives an eye watering £25200! Do you know anyone that would contempplate paying anything like that amount (let alone £28350 at 90%)?

Paul


>> Edited by Paul968 on Friday 4th November 11:08

softinthehead

1,550 posts

240 months

Friday 4th November 2005
quotequote all
Paul968 said:
That's a tad exagerated don't you think? I can't remember what the new price of a cab was, but if you say 40k, 20% is 8k. I'm sure a nice low miles cab wouldn't hang around long at that price!


yes, I thought it a tad harsh too, but no more than the usual mild undercurrent of haughtiness that comes form the aircooled brigade, especially the RS section. I prefer to think of it that my car delivers 83.33% of the acceleration of a 964RS and 84.84% of its top speed for 34.29% of the outlay!

>> Edited by softinthehead on Friday 4th November 11:16

domster

8,431 posts

271 months

Friday 4th November 2005
quotequote all
Oh FFS stop being so reactionary. It's like the People's Front of Water Cooled Porsches or something
The figures aren't far off at all.

A cab was over 40k and they're now worth around 10k. I could get you one on mobile.de for far less, hence the 20%. In fact there's one for 8,453 GBP at today's exchange rate here: http://tinyurl.com/9wdg3

Re the 968CS, they were late 20s new, just under 30k. Johnnywishbone will know what they can fetch... he had a very nice one up for sale a year ago for the far side of 20k and prices are going up all the time. Maybe 80-90% is being generous and 70% is nearer the mark, but it still proves a point.

And as for that comment re air cooled vs water cooled and RSs, well forgive me for ever having owned or driven a car with the engine 'in the wrong end'. Obviously I forgot about ever having owned my 944 Turbo and Cab or ever having put a large number of miles on my mate's 968 CS and 968 cabriolet.

Funny how it can be steered into a 911 vs 968 thread when I wasn't having a go at 968s at all, all I was saying was that the cabs aren't classics and never will be, and the CSs are. That's as much fact as opinion.

Likewise :simoncowellmodeon: the 968 Sport will be worth far less in the future than the 968 CS, despite being fundamentally similar and a nice enough car :simoncowellmodeoff:




Paul968

179 posts

245 months

Friday 4th November 2005
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Come now - you can't cherry pick the lowest value LHD car on the continent and compare it with the highest priced RHD car in the UK. The range of values is vast! The highest valued 968 on autotrader is a cab at £18000, with club sports on Mobile.de starting at £8798 (12990 Euros), so should I deduce that Cabs are worth tice as much as Club Sports? Of course not.

The truth is that good RHD Club Sports are worth about 13-15k with M030 adding 2kish to the price. Good cabs (low mileage, RHD) are probably worth rather less than club sports, but only by a couple of thousand. M030 was a cost option btw, and added best part of 2k to the price.

Paul

PS No problem with air cooled here btw

softinthehead

1,550 posts

240 months

Friday 4th November 2005
quotequote all
now now, Dom, was only giving your chain a gentle tug, not a full blown yank. your stiff sports suspension must be making you grumpy.

domster

8,431 posts

271 months

Friday 4th November 2005
quotequote all
All fair points I suppose But it is true that the cab had depreciated much more heavily, because it isn't so valued in the marketplace. What's a few percent here and there? The Water Cooled Mafia is so picky these days

Anyway: cabs aren't classic. Clubsports are.

Question answered and job's a good 'un.



huge

Original Poster:

1,138 posts

285 months

Friday 4th November 2005
quotequote all
My brothers is a sort of violet-purple colour,looks better then it sounds,similar to BMW Techno-Violet I suppose

aasc

358 posts

234 months

Friday 4th November 2005
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los Angeles said:
... Over 80% of it was new over the outgoing 944S2.


Eh? What's this based on?

I thought the biggest difference (in terms of trivia) was that the 968 was built by Porsche & not VAG.

Thom

1,716 posts

248 months

Friday 4th November 2005
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los Angeles said:
it's stood the test of time far better than any 944


Depends if you refer to "getting old" or "getting worn".
968 side mouldings and rear bumpers do not age well, they go out of shape just like big plastic body parts usually do.
The squarish 80s character of the 944 (at least in turbo/S2 form) ages better than the periodless/dull look of the 968 IMO. Highly depends on colour too.

softinthehead

1,550 posts

240 months

Friday 4th November 2005
quotequote all
aasc said:
los Angeles said:
... Over 80% of it was new over the outgoing 944S2.


Eh? What's this based on?

I thought the biggest difference (in terms of trivia) was that the 968 was built by Porsche & not VAG.


agree 100% with LA (but then I would). i think the VAG vs porsche reference correctly refers to the difference between 924 and 944, not 944 and 968

I'd advise not provoking the water cooled mafia today - ask domster - we are feeling feisty