Discussion
Very model dependent. Good RS and C2 Coupe aren't really ever going to go down in a meaningful way - too few good cars. On targas C4 LHD etc may be worth checking on mobile.de and buying from a good European dealer direct or speaking to someone like Williams Crawford who source v.nice LHD 964s to find something for you. You don't lose anything by waiting 2-3 months as the outlooks not going to improve for the foreseeable future. I personally feel the targas, C4 , cabs etc are still overpriced but they've been lifted by the more sought after cars. I remember checking on mobile.de when I was looking for a 964 and there were some stunning cars for sale.
Whatever happened to the lovely RS rep you looked at it? Is it still for sale?
Whatever happened to the lovely RS rep you looked at it? Is it still for sale?
I'd hold if I was you.
All cars may take a big correction depending on what happens with the economy.
If house prices tank and jobs are being lost people will start to offload assets like weekend cars and there will be less buyers/money chasing them.
Plus if prices to drop and others to want out as that "valuable Porsche" is depreciating.
But who knows, you can only look to previous market drops.
I certainly don't see any rises.
All cars may take a big correction depending on what happens with the economy.
If house prices tank and jobs are being lost people will start to offload assets like weekend cars and there will be less buyers/money chasing them.
Plus if prices to drop and others to want out as that "valuable Porsche" is depreciating.
But who knows, you can only look to previous market drops.
I certainly don't see any rises.
IMI A said:
Very model dependent. Good RS and C2 Coupe aren't really ever going to go down in a meaningful way - too few good cars. On targas C4 LHD etc may be worth checking on mobile.de and buying from a good European dealer direct or speaking to someone like Williams Crawford who source v.nice LHD 964s to find something for you. You don't lose anything by waiting 2-3 months as the outlooks not going to improve for the foreseeable future. I personally feel the targas, C4 , cabs etc are still overpriced but they've been lifted by the more sought after cars. I remember checking on mobile.de when I was looking for a 964 and there were some stunning cars for sale.
Whatever happened to the lovely RS rep you looked at it? Is it still for sale?
Yes I think it is still for sale.i did speak to the guy a few weeks ago. Lovely fellow. Drove both,so different the 964 drives fairly modern compared to the 72 car. Whatever happened to the lovely RS rep you looked at it? Is it still for sale?
evodarren said:
IMI A said:
Very model dependent. Good RS and C2 Coupe aren't really ever going to go down in a meaningful way - too few good cars. On targas C4 LHD etc may be worth checking on mobile.de and buying from a good European dealer direct or speaking to someone like Williams Crawford who source v.nice LHD 964s to find something for you. You don't lose anything by waiting 2-3 months as the outlooks not going to improve for the foreseeable future. I personally feel the targas, C4 , cabs etc are still overpriced but they've been lifted by the more sought after cars. I remember checking on mobile.de when I was looking for a 964 and there were some stunning cars for sale.
Whatever happened to the lovely RS rep you looked at it? Is it still for sale?
Yes I think it is still for sale.i did speak to the guy a few weeks ago. Lovely fellow. Drove both,so different the 964 drives fairly modern compared to the 72 car. Whatever happened to the lovely RS rep you looked at it? Is it still for sale?
I do not think that Carrera models, be it C2, C4 Coupe or Targa are going to drop significantly, particularly manual cars – As already ready stated there are not enough good ones out there and decent cars will hold firm, I also think that they are not worth enough money for people to want or need to panic sell if the economy collapses, particularly when many owners will have gotten in before the prices rocketed so in essence the cars owe them nothing.
I know a guy whom sources RHD 964 cars for Singer, Coupe & Targa, in essence they will buy as cheap as possible as little of the original car remains when they have finished, he was commenting on how its getting harder and harder to source cars, as there is less and less sub-prime cars available and what is available is expensive.
The RS on the other hand I feel prices will soften and have already started to do so, if you got into one at the peak and paid circa £200k, speculating that it may climb to 300k, you may now be thinking about cutting your losses, but again there are not many around and it would come down to your appetite for risk.
I know a guy whom sources RHD 964 cars for Singer, Coupe & Targa, in essence they will buy as cheap as possible as little of the original car remains when they have finished, he was commenting on how its getting harder and harder to source cars, as there is less and less sub-prime cars available and what is available is expensive.
The RS on the other hand I feel prices will soften and have already started to do so, if you got into one at the peak and paid circa £200k, speculating that it may climb to 300k, you may now be thinking about cutting your losses, but again there are not many around and it would come down to your appetite for risk.
I dont think they are dropping much at all, agree there may need to be some form of market correction, depending on Bloody Brexit, and the economy, but from what i'm seeing prices have actually risen since i looked at the 964's 18 months ago, in fact by about £10K or more in some cases, same with the 993.
Manual low mileage cars are the most desirable, market seems to be fairly full of Tiptronic high mile cars.
Quite a few of the expensive cars from dealers have been for sale for some time though, you could wait see what happens, either way its a gamble at this stage. Maybe just buy what you want, own and enjoy it, does it matter what its worth in 1/2 years if you really like the car enough?
Everyone says winter is often a good time to buy though.
Manual low mileage cars are the most desirable, market seems to be fairly full of Tiptronic high mile cars.
Quite a few of the expensive cars from dealers have been for sale for some time though, you could wait see what happens, either way its a gamble at this stage. Maybe just buy what you want, own and enjoy it, does it matter what its worth in 1/2 years if you really like the car enough?
Everyone says winter is often a good time to buy though.
Market was very slow last winter without advertised prices dropping markedly....think this winter we’re now seeing prices lower and still not many cars shifting. Good or rare cars will obviously be impacted lass but will still come off just not by as much.
New car market has also slowed dramatically from what I am hearing...even for Porsche! . Dealers having to work much, much harder to shift cars. I was offered 10% off a new showroom car if I bought it before Xmas last week...ludicrous/massive spec on it but even so that’s unheard of for an OPC and was offered that straight out of the gate,
New car market has also slowed dramatically from what I am hearing...even for Porsche! . Dealers having to work much, much harder to shift cars. I was offered 10% off a new showroom car if I bought it before Xmas last week...ludicrous/massive spec on it but even so that’s unheard of for an OPC and was offered that straight out of the gate,
IMI A said:
But whats a rare 964? When i was looking 4-5 yrs ago it was harder to buy a good UK supplied RHD 964 C2 manual coupe than it was finding a good RS.
Any 964 Manual, coupe with less than 100K on clock, no oil leaks, or other major faults and under £50K! thats a rare 964 - or at least from my experience of viewing cars in the last 18 months.Andy
n12maser said:
Why does it have to be under 100k miles, I find this so random considering there's so many other much more important factors when picking a good 25+ year old car like a 964
Could be partly psychological, but to be honest for £50K+ i think thats a fair expectation to want a car with lower miles - if cars were priced at £30K then sure, maybe i'd feel a bit better about this, or with a proven engine rebuild, clutch and a v.good history, it would help, based on my findings so far this has not been the case, but given how the values have gone upward for poorer cars with a whole list of faults, a lower mile car might be perceived in better condition - maybe less likely to need a costly engine rebuild. Maybe thats not the case, but if mileage were not a factor, why would dealers like an OPC ask more for a low mile car?Honestly would anyone buy a 100K mile Ferrari? for £50K of any age? or a 100K mile 15 year old Gallardo for £50K? For me needing to be paying £50/60K for a 100K+ miles 964 just doesn't sit too well, now it might be a non issue for many, and thats fair enough, but i'm not alone with my thoughts and approach having discussed it at length with like minded car fanboys in my car clubs.
I was speaking with an owner of a 930/911 supersport during summer, and he'd had to rebuild his engine (102K miles) but the thing is it didn't owe him the £74K its valued at, he was into the car at £18K - and so here lies one of my issues with the higher mileages, if your only into the car at £18K sure you can better justify a future £10K rebuild, but could you do that at £74K? so applying the same principle with these 964's or at least for me anyway, hence preferring if possible a lower mile car.
Thats just my thoughts, and where i'm at right now, maybe i'm wrong who knows.
Andy
andyman_2006 said:
n12maser said:
Why does it have to be under 100k miles, I find this so random considering there's so many other much more important factors when picking a good 25+ year old car like a 964
Could be partly psychological, but to be honest for £50K+ i think thats a fair expectation to want a car with lower miles - if cars were priced at £30K then sure, maybe i'd feel a bit better about this, or with a proven engine rebuild, clutch and a v.good history, it would help, based on my findings so far this has not been the case, but given how the values have gone upward for poorer cars with a whole list of faults, a lower mile car might be perceived in better condition - maybe less likely to need a costly engine rebuild. Maybe thats not the case, but if mileage were not a factor, why would dealers like an OPC ask more for a low mile car?Honestly would anyone buy a 100K mile Ferrari? for £50K of any age? or a 100K mile 15 year old Gallardo for £50K? For me needing to be paying £50/60K for a 100K+ miles 964 just doesn't sit too well, now it might be a non issue for many, and thats fair enough, but i'm not alone with my thoughts and approach having discussed it at length with like minded car fanboys in my car clubs.
I was speaking with an owner of a 930/911 supersport during summer, and he'd had to rebuild his engine (102K miles) but the thing is it didn't owe him the £74K its valued at, he was into the car at £18K - and so here lies one of my issues with the higher mileages, if your only into the car at £18K sure you can better justify a future £10K rebuild, but could you do that at £74K? so applying the same principle with these 964's or at least for me anyway, hence preferring if possible a lower mile car.
Thats just my thoughts, and where i'm at right now, maybe i'm wrong who knows.
Andy
Interesting thread - I'm also on the hunt for a 964 and worrying about future prices.
In general happy to but high mileage (so I can put miles on it and enjoy it) but I worry that if the market drops it will drop more for high milers. (My general strategy is to buy to enjoy, and this is for fun, not for investment - but equally it's a hell of a lot of money for me so I'm a bit cautious.)
In general happy to but high mileage (so I can put miles on it and enjoy it) but I worry that if the market drops it will drop more for high milers. (My general strategy is to buy to enjoy, and this is for fun, not for investment - but equally it's a hell of a lot of money for me so I'm a bit cautious.)
I wouldn't get preoccupied with mileage, there are way more important issues on a 911 at this age. A car that has spent time cooking in London traffic for 20k miles will almost certainly be in worse mechanical shape than a car doing 80k miles on the open road. Get a PPI done as it should highlight any immediate costs and look at what money has been spent. A top end rebuild is also a must if the price is on the heavy side imo. Many have had money lavished on them over the last few years with owners happy to spend knowing values have increased.
IMI A said:
andyman_2006 said:
n12maser said:
Why does it have to be under 100k miles, I find this so random considering there's so many other much more important factors when picking a good 25+ year old car like a 964
Could be partly psychological, but to be honest for £50K+ i think thats a fair expectation to want a car with lower miles - if cars were priced at £30K then sure, maybe i'd feel a bit better about this, or with a proven engine rebuild, clutch and a v.good history, it would help, based on my findings so far this has not been the case, but given how the values have gone upward for poorer cars with a whole list of faults, a lower mile car might be perceived in better condition - maybe less likely to need a costly engine rebuild. Maybe thats not the case, but if mileage were not a factor, why would dealers like an OPC ask more for a low mile car?Honestly would anyone buy a 100K mile Ferrari? for £50K of any age? or a 100K mile 15 year old Gallardo for £50K? For me needing to be paying £50/60K for a 100K+ miles 964 just doesn't sit too well, now it might be a non issue for many, and thats fair enough, but i'm not alone with my thoughts and approach having discussed it at length with like minded car fanboys in my car clubs.
I was speaking with an owner of a 930/911 supersport during summer, and he'd had to rebuild his engine (102K miles) but the thing is it didn't owe him the £74K its valued at, he was into the car at £18K - and so here lies one of my issues with the higher mileages, if your only into the car at £18K sure you can better justify a future £10K rebuild, but could you do that at £74K? so applying the same principle with these 964's or at least for me anyway, hence preferring if possible a lower mile car.
Thats just my thoughts, and where i'm at right now, maybe i'm wrong who knows.
Andy
I think there are alot of cars on sale for headline prices which were bought when prices were low or haven't had the money spent on them.
No problems with a high mileage car with documented history/upkeep for a realistic price.
I think there are actually a lot of good 964C2s around. It's just that they are not and will not be for sale. There is a very strong fan club for this car and those that own them have had them for a long time and spent a lot of money maintaining them. They realize that if they sold up and regretted it, that it would be very difficult to get back in a car of the same standard that they sold. Personally I would not buy a 964 that has not had a quality engine rebuild regardless of the mileage. They're at an age now that it's the maintenance history and condition that's important, not the mileage.
Those of us that were lucky enough to buy a 964 when they were unloved (you could get one for close to £10K in 2007) were happy to spend large amounts on engine rebuilds and other maintenance. Buying one now for less than £50K would only get you a ratty one and you would easily spend half that again on a rebuild, bodywork and everything else that needs doing.
Those of us that were lucky enough to buy a 964 when they were unloved (you could get one for close to £10K in 2007) were happy to spend large amounts on engine rebuilds and other maintenance. Buying one now for less than £50K would only get you a ratty one and you would easily spend half that again on a rebuild, bodywork and everything else that needs doing.
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