964 prices

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Discussion

IMI A

9,410 posts

202 months

Wednesday 2nd January 2019
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anonymous said:
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Always good to look at what else you can buy for the same money but with newer Porsches its like comparing a Swiss Army knife with a cheaper copy when comparing air cooled to water-cooled.

Materials, build quality, old school engineering methodology on both so different although the basic driver dynamics philosophy similar at least up to the early 996 models with no driver aids or electronics.

Was quite difficult replacing my old 964 C2 and 3.2 Carrera after I sold them back in 2016/17. amongst a few other cars I considered were a 997 GT3 with 30k miles and 993 RS evocation with 91k miles (both exactly the same money and GT3 the obvious blue chip place to park your cash if thats how you're looking at things). Also on most performance metrics the 993 loses but just as a cool place to be, see touch etc to me its a bit like comparing a Rolex submariner to a Swatch. I'm sure the Swatch better in almost every way but I still went for the 993.

The mint green 964 turbo below is a cat d write off. Owner was toying with idea of selling and I believe I valued the car at circa £85-90k early last year subject to the repairs having been carried out to a high standard. Owner didn't even bother calling me back as he obviously felt my valuation was way out. His valuation methodology was the car as a cat d should be discounted 20-25% to current asking prices so he's looking for £120k. Be interesting to see what PH Porsche nuts feel the car below is worth as I thought I was a bit mad being prepared to pay up to £90k for a cat d 964 3.6 turbo. With the market softening probably a good thing the owner didn't email me back from a financial perspective but I really love that particular 964 in mint green cloud9







Steve Rance

5,448 posts

232 months

Wednesday 2nd January 2019
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I guess that most of us accept that these days speed capability in it's own right is becoming largely irrelevant on the road. The iconic aircooled bodyshape is synonomous with retro cool, they also happen to be a lot of fun to drive. Also, the brilliant engineering pedegree means that they are all pretty much bolt on upgradable with factory parts from later or racing derivatives. They are a realistic regular weekend driver, even a daily. Add that to the fact that they wont be anymore made and I think that these cars are only going to increase in value. It is a shame that they are no longer accessable to the real enthusiast.


g7jhp

6,969 posts

239 months

Wednesday 2nd January 2019
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No right or wrong just choice.

IMI A was that Cat D 964 turbo "Minty"?

SignalGruen

630 posts

201 months

Wednesday 2nd January 2019
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IMI A said:
The mint green 964 turbo below is a cat d write off. Owner was toying with idea of selling and I believe I valued the car at circa £85-90k early last year subject to the repairs having been carried out to a high standard. Owner didn't even bother calling me back as he obviously felt my valuation was way out. His valuation methodology was the car as a cat d should be discounted 20-25% to current asking prices so he's looking for £120k. Be interesting to see what PH Porsche nuts feel the car below is worth as I thought I was a bit mad being prepared to pay up to £90k for a cat d 964 3.6 turbo. With the market softening probably a good thing the owner didn't email me back from a financial perspective but I really love that particular 964 in mint green cloud9

I'm no expert on prices but I'd imagine the price would be somewhere in the middle of the 2 valuations. For early last year, I don't think £120k was massively unreasonable imo assuming correctly repaired etc.

IMI A

9,410 posts

202 months

Wednesday 2nd January 2019
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g7jhp said:
No right or wrong just choice.

IMI A was that Cat D 964 turbo "Minty"?
Yes the original Porsche GB demonstrator. I believe the only mint green 964 turbo in the UK and its a rare 3.6. What do you think the right money is if a good car with no stories is say £160k-£250k depending on mileage?

IMI A

9,410 posts

202 months

Wednesday 2nd January 2019
quotequote all
SignalGruen said:
IMI A said:
The mint green 964 turbo below is a cat d write off. Owner was toying with idea of selling and I believe I valued the car at circa £85-90k early last year subject to the repairs having been carried out to a high standard. Owner didn't even bother calling me back as he obviously felt my valuation was way out. His valuation methodology was the car as a cat d should be discounted 20-25% to current asking prices so he's looking for £120k. Be interesting to see what PH Porsche nuts feel the car below is worth as I thought I was a bit mad being prepared to pay up to £90k for a cat d 964 3.6 turbo. With the market softening probably a good thing the owner didn't email me back from a financial perspective but I really love that particular 964 in mint green cloud9

I'm no expert on prices but I'd imagine the price would be somewhere in the middle of the 2 valuations. For early last year, I don't think £120k was massively unreasonable imo assuming correctly repaired etc.
Remember Minty's a cat d. The issue for me at £120k is that you could buy a mint 3.3 964 turbo for far less. Some friends in the trade picked up a mint original panel FPSH 3.3 964 turbo with 60k miles last year for £75k recommissioned her (she'd been in storage for 6 years) and she sold for £110k same time last year.

jakesmith

9,461 posts

172 months

Wednesday 2nd January 2019
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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?
If the economy implodes then all bets are off with values of uneccesary items that cost a lot to maintain
Doesn't matter how few there are, if the whole class drops, the ones at the top will too
A lot of current owners have got them as an appreciating asset class and have no interest in cars (or art etc) per se
What do you think these people will do if the market starts dropping & what will that do to values of other similar cars

IMI A

9,410 posts

202 months

Wednesday 2nd January 2019
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anonymous said:
[redacted]
That is certainly one way of looking at it although I'd say its amazing, how relatively modern a 72 RS feels let alone a 964 C2. If you track your car the Swiss Army knife analogy becomes even more pertinent as cooking 911s from 996 onwards don't have dry sump engines.

ras62

1,090 posts

157 months

Wednesday 2nd January 2019
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Cmoose. Soory fella but what a load of pretentious old twaddle.

Steve Rance

5,448 posts

232 months

Wednesday 2nd January 2019
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Yep, when you reconcile the respective values by preformance alone, its a tough one, but the clincher perhaps is in the driving of something so iconic. It has an effect which is very tangible. Here speaks a man who by his own admission is primarily interested in the peddling intereaction between the machine and the driver, yet even for me, there is something very special about climbing into the seat of an aircooled 911. If you are lucky enough to drive one thats well set up, it really is quite an experience.

ras62

1,090 posts

157 months

Wednesday 2nd January 2019
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anonymous said:
[redacted]
I'm happy to explain. You're calling of IMIA's swiss army knife analogy 'tendentious'. Use of the word 'tendentious' is in itself pretentious. It is also wrong. Many on this thread support IMIA's view. The analogy is not controversial nor was it meant to be.
'a pure experiential perspective' is twaddle. Petentious twaddle.
Your opinion is one thing but usuing obscure words to rubbish another persons opinion while trying to sound more important or knowledgeable is unnecessary.

IMI A

9,410 posts

202 months

Wednesday 2nd January 2019
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anonymous said:
[redacted]

Steve Rance

5,448 posts

232 months

Wednesday 2nd January 2019
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I can understand your point. I think it really comes down to how much value do you add for the experience of the whole aircooled mystique/heritage/retro/SteveMqueenie - or call it what you will - thing.

g7jhp

6,969 posts

239 months

Wednesday 2nd January 2019
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anonymous said:
[redacted]
I agree.

I have an amount of money I can spend on a car.

I happen to like Porsche.

I've done the 3.2 Carrera, cool, great looks, build quality and the air-cooled sounds and smells.

I have a 996 turbo X50 which to me is sleek looking, aged well (in my eyes), comfortable and still has awesome performance.

Two very different ways of spending money, neither are wrong and it's been fun experiencing both.

It really depends on what you want/need the car to do more.






g7jhp

6,969 posts

239 months

Wednesday 2nd January 2019
quotequote all
IMI A said:
Yes the original Porsche GB demonstrator. I believe the only mint green 964 turbo in the UK and its a rare 3.6. What do you think the right money is if a good car with no stories is say £160k-£250k depending on mileage?
Well Paul Stephens have a black 37k mile 964 3.6 turbo up for £225k.

I'd say that minty is one of a kind due to the colour scheme and history (pre-crash) so as long as the repair has been done properly it's still a very desirable car.

Would I pay £120k, no, but it wouldn't surprise me if someone did as it's so unique.

v8ksn

4,711 posts

185 months

Wednesday 2nd January 2019
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IMI A said:
Mr Rance, that is one SEXY car!!! lick

IMI A

9,410 posts

202 months

Wednesday 2nd January 2019
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anonymous said:
[redacted]
I did laugh when I saw your 'tendentious' post cmoose. Couldn't understand a word so quietly moved on hehe

ras62

1,090 posts

157 months

Wednesday 2nd January 2019
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laugh That's more like it! beer

Cheib

23,286 posts

176 months

Wednesday 2nd January 2019
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g7jhp said:
IMI A said:
Yes the original Porsche GB demonstrator. I believe the only mint green 964 turbo in the UK and its a rare 3.6. What do you think the right money is if a good car with no stories is say £160k-£250k depending on mileage?
Well Paul Stephens have a black 37k mile 964 3.6 turbo up for £225k.

I'd say that minty is one of a kind due to the colour scheme and history (pre-crash) so as long as the repair has been done properly it's still a very desirable car.

Would I pay £120k, no, but it wouldn't surprise me if someone did as it's so unique.
That Paul Stephens car is at least £40k too much money. There was a similar mileage car that sold at RM in sep for £190k including commission (£165k hammer). From what I know that was a pretty punchy price too.

Steve Rance

5,448 posts

232 months

Wednesday 2nd January 2019
quotequote all
anonymous said:
[redacted]
Personally didn't find it offensive at all. I must say that driving my 964 I feel a tangible connection with Porsches racing heritage which is actually quite special. I remember as a small boy mesmerised by these beautiful machines at a race meeting at Brands Hatch that my Dad took me to one boxing day. I never thought that I'd ever own one let alone win races in them one day. Sometimes I still have to pinch myself.

I suppose we all have reasons why particular cars mean so much more to us that the sum of their parts.