Mint 930 turbo £92k - thoughts
Discussion
Amazing looking 930 turbo with 24k on the clock. My dream Porsche in the correct colour. I even like the interior.
https://www.silverstoneauctions.com/1989-porsche-9...
I personally think its an investment even if you put a few k on each year.
https://www.silverstoneauctions.com/1989-porsche-9...
I personally think its an investment even if you put a few k on each year.
Edited by pattyg on Friday 30th May 21:45
Koln-RS said:
pattyg said:
I personally think its an investment even if you put a few k on each year.
That's what they said the last time Turbo prices went loopy back in '89/90. Newish cars went to £150k +. By '91/92 you couldn't give them away 
Prices have gone that daft the bubble will burst
I sold an 89 930 for 41k about 3 yrs ago and made good money on that to say i only owned it for about 8 months.
Problem is speculators are pushing up the prices so your normal enthusiast is priced out the game, eventually they'll drop again.
When you get anything that has a practical function (thus function is an evaluating and comparable factor) and is not particularly rare, is not a unique item of abstract value like a work of art, that one can freely purchase alternatives for, and that is being purchased simply because there is a panic buying because "they can only go up" then one fine day quite a few people are going to realise that they bought an item that has an underlying true comparable value that is lower than they paid, and they will want to sell.
I.e. there will dawn a realisation that for what they spent on whatever, they could have bought something else that they now realise is overwhelmingly better and that they hence desire more.
When that happens, at the first whiff of "plenty of them for sale and they are not selling" everyone in the same boat will attempt to offload asap thus bringing the whole pack of cards tumbling down.
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
I.e. there will dawn a realisation that for what they spent on whatever, they could have bought something else that they now realise is overwhelmingly better and that they hence desire more.
When that happens, at the first whiff of "plenty of them for sale and they are not selling" everyone in the same boat will attempt to offload asap thus bringing the whole pack of cards tumbling down.
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
996TT02 said:
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
I can't see where you get the £26k-£28k value. There is nothing to compare it with in that price bracket. It is an iconic Porsche which unfortunately the stock 996/997 turbos will never be and is very rare in this condition. How it drives and it's performance is totally unrelated to its value. All IMHO.Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
Edited by pattyg on Saturday 31st May 09:51
911 virgin have a 930 with identical mileage for £30k less - so that is bonkers money http://www.911virgin.com/porscheforsale/849/930Tur...
996TT02 said:
When you get anything that has a practical function (thus function is an evaluating and comparable factor) and is not particularly rare, is not a unique item of abstract value like a work of art, that one can freely purchase alternatives for, and that is being purchased simply because there is a panic buying because "they can only go up" then one fine day quite a few people are going to realise that they bought an item that has an underlying true comparable value that is lower than they paid, and they will want to sell.
I.e. there will dawn a realisation that for what they spent on whatever, they could have bought something else that they now realise is overwhelmingly better and that they hence desire more.
When that happens, at the first whiff of "plenty of them for sale and they are not selling" everyone in the same boat will attempt to offload asap thus bringing the whole pack of cards tumbling down.
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
How do you arrive at the above. You ever owned one,? bet notI.e. there will dawn a realisation that for what they spent on whatever, they could have bought something else that they now realise is overwhelmingly better and that they hence desire more.
When that happens, at the first whiff of "plenty of them for sale and they are not selling" everyone in the same boat will attempt to offload asap thus bringing the whole pack of cards tumbling down.
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
0-60 5secs, proper 300bhp, the 4-speeds are epic 100mph in 2nd. Once set up they are a very easy to drive. Best we don't mention that it was in Guinness B of R for the quickest accelerating car on the planet..eh......easy call to 150k in the short term for the 5 speeds...
Edited by APOLO1 on Saturday 31st May 10:22
Koln-RS said:
...then we really are living in disillusioned times. A mint, delivery mileage 930 that has been cossetted away, maybe. But there's a lot of old and used 3.3s out there.
I just dont see it like that. These are special and unique cars and there are more buyers than cars for sale.Later turbos are all special in their own way, but this is the DADDY, and is more exciting.
If you want one of these, nothing else will really do.
Koln-RS said:
APOLO1 said:
......easy call to 150k in the short term for the 5 speeds...
...then we really are living in disillusioned times. A mint, delivery mileage 930 that has been cossetted away, maybe. But there's a lot of old and used 3.3s out there. Offer a mint delivery mileage car to Hexagon Classics, and take away £30k and you arrive at a ball park figure. Agree 5speed/LSD cars desirable.
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
[/quote]
How it drives has naff all to do with its value.
porkey said:
The 930 Turbo is:
Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
How it drives has naff all to do with its value.Not particularly fast by today's standards
Not easy to drive as fast as it is possible to be driven, by mere mortals (I bet a FWD medium hot hatch would kill it on any twisty road given two average drivers)
A product of the 70s with all that that entails.
Nice car, desirable, yes.
But to me, comparing to what's available, and take in the big picture, it's a car so compare it to absolutely anything out there - £26-£28k is where it's honestly at. Which is decent money all the same, taking into account the classic factor.
If you want related comparables, that's more money than what a vastly superior 996 Turbo with probably the same mileage sells for nowadays. And anyway, what 930s seem to be making, put even 997 Turbos on the same plate.
Yes the people who got in early will do well if they get out at the right time, but that's all that there is to be said.
Pretty sure I have seen that car in the flesh and it is top top top notch. If you wanted a 930 it would be considered one of the best you could find and a pretty unique buying opportunity. 89, 5 speed, the right colour, impecible condition, very low mileage. You only need two buyers for a car like this to drive a price like this.
As such I don't think this car tells you much about the general 930 market and certainly 99% of the 930s out there would not get near the price.
As such I don't think this car tells you much about the general 930 market and certainly 99% of the 930s out there would not get near the price.
Crimp a Length! said:
FFS its all speculators and everybody bites
If somebody is daft enough to spend that sort of money on a car like that let them.
Good luck to the buyers (they'll need it) and hats off to the garages ripping them off.
the problem is, that the bar is now set for the next nice car to come along....I have an 86,C, good clean car, all sorted, Mots ect...Just had a body and engine refresh..45k miles...turned down just under 60k last monthIf somebody is daft enough to spend that sort of money on a car like that let them.
Good luck to the buyers (they'll need it) and hats off to the garages ripping them off.
As the City meltdown continued through 1991, I bought a 930 5 Speed ‘F’ Reg with 3k miles, put another 8k on it and sold to OPC West London in 1992 for what I’d paid for it, which as I recall was £31k. By the standards of the day I found the suspension and ride very stiff, the turbo lag hard to manage and in the wet the combination made the handling distinctly unnerving. Certainly it was the Porsche I have liked least in a line that stretches back to a 2.4 911E in 1975 and continues today with a 968CS and 991 turbo S.
Something is worth what someone else is prepared to pay for it and in the case of the 930 that has been a fluctuating figure. Personally I wouldn’t want my old car back at a price much north of what I sold it for in 1992.
Something is worth what someone else is prepared to pay for it and in the case of the 930 that has been a fluctuating figure. Personally I wouldn’t want my old car back at a price much north of what I sold it for in 1992.
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