Quentin Willson on the 930 in Classic cars magazine
Discussion
SEE YA said:
Why you get what you pay for, as with any used car?
Where is that swoosh parrot? http://www.warrantywise.co.uk/SEE YA said:
Well its not one, I buy to read got it as a gift to try for a while.
He states the prices are only going up etc, and how they are under value these days.
However its nothing new, we all knew this over the last few years.
I'm old enough to garner a sense of deja vu.He states the prices are only going up etc, and how they are under value these days.
However its nothing new, we all knew this over the last few years.
Anyone remember 100k+ E Types and how "they could only go up"?
Anyone spending serious coin on a vehicle simply on the basis of "they could only go up" will eventually get their fingers burnt.
There are limits to everything, and for me, 50k on ANY 930 is already well beyond.
Yes it depends on the car, and what you think its worth I paid a bit more for my one than I wanted too.
However it was the best one, I had seen after 12 so called good ones.
You have to find the right buyer. I saw a 930 drop £10k in one day price wise.
However it was the best one, I had seen after 12 so called good ones.
You have to find the right buyer. I saw a 930 drop £10k in one day price wise.
Edited by SEE YA on Friday 23 August 16:40
I know its nice to limit your loses on any car and the idea of your car appreciating in value is a nice situation but surely it takes away from the reason you buy the car in the first place....the enjoyment of driving and the vehicle?
Articles like this cause more cars to be stored in the garage rather than driven surely!?
Articles like this cause more cars to be stored in the garage rather than driven surely!?
kel176506 said:
I know its nice to limit your loses on any car and the idea of your car appreciating in value is a nice situation but surely it takes away from the reason you buy the car in the first place....the enjoyment of driving and the vehicle?
Articles like this cause more cars to be stored in the garage rather than driven surely!?
Mainly, yes, you should buy a car because you want it. Assuming your tastes don't include anything that comes out of "Chop Shop London Garage" then what is desirable for you should also be desirable for several other persons, and you are also "safe" if you buy wisely, i.e. past the bottom of the depreciation curve.Articles like this cause more cars to be stored in the garage rather than driven surely!?
If your purchases are only made on the basis of value, present and future projected, and there are others falling into the same trap otherwise known as greed, then unfortunately you may be better off at the casino.
Somewhere around 1992 I bought an SC Targa. It was cheap at around 6k, (long story) but it was worth around 8k.
Inflation calculators say that 8k then is 14k now, 21 years on. I don't think that an equivalent (102k miles) today is worth much more. If I still had it, it probably would be worth less, what with deterioration and tens of thousands more miles, or I would have spent far more than the difference on non-routine maintenance.
But I would have enjoyed it and it would have been a reasonable proposition. Had I mothballed it or bought it because it was going to appreciate, not much sense in that.
Servicing and running a 930 are pretty horrific, obvious primitive fueling systems etc.
So based on the above the "life costs" out way any potential profits.
I was fortunate with mine and made 12k in the 8 months i owned the vehicle, bit of luck obviously.
I think a good 930 is worth 30-40k if its a late car & doubt you will see much lift from there.
So based on the above the "life costs" out way any potential profits.
I was fortunate with mine and made 12k in the 8 months i owned the vehicle, bit of luck obviously.
I think a good 930 is worth 30-40k if its a late car & doubt you will see much lift from there.
I think 930 turbos will increase in price, look at countach prices, testarossa and BB prices... Even Aston prices of the 80s. When compared with these, a well sorted 930 looks good value at £40k and you can't deny it's an iconic car in Porsches history.
I think the issue will be finding good cars....
I think the issue will be finding good cars....
There are several so called good or excellent cars that if you purchased and wanted to make perfect you will end up spending between £5,000 to £10,000 on.
I know from personal experience it does not take much to spend this sort of money if you want the car perfect and I do not mean a garage queen. A car that is mechanically and cosmetically right with all things working so you can take it away for a weekend without worrying and be proud of how well it looks.
I see many advertised with what you may consider little things to do that cost. If you look closely at the engine bay shots of advertised turbos on quite a few you can see the air-con belt missing.
To overhaul the air-con properly which usually means new compressor, pipes etc etc say goodbye to £2,000 - £2,500.
It soon adds up if you want the car right.
I know from personal experience it does not take much to spend this sort of money if you want the car perfect and I do not mean a garage queen. A car that is mechanically and cosmetically right with all things working so you can take it away for a weekend without worrying and be proud of how well it looks.
I see many advertised with what you may consider little things to do that cost. If you look closely at the engine bay shots of advertised turbos on quite a few you can see the air-con belt missing.
To overhaul the air-con properly which usually means new compressor, pipes etc etc say goodbye to £2,000 - £2,500.
It soon adds up if you want the car right.
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