Converted Porsches - selling them on

Converted Porsches - selling them on

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Discussion

toppstuff

Original Poster:

13,698 posts

247 months

Wednesday 18th February 2004
quotequote all
Whats the opinion of the posse regarding Porsches that have been re-engineered/ improved?

I am thinking of examples such the the excellent supercharged conversions from 9m, as well as similar offerings from G force. And then there are the German tuners (Ruf, Gemballa etc ) .

I have yet to drive a 9m fettled 911, and look forward to it.

But the cost of conversion can be £5k-£10k. Expensive, but in the context of improving an older car or a project, still less than the cost to change at a OPC in many cases !

But my question is - how do they resale? Are they just too off the wall to sell to a wider market? Are they viewed with suspicion by those outside of the enthusiasts circle, and so hard to sell on?

I'd be interested in your views.

Cheers

clubsport

7,258 posts

258 months

Wednesday 18th February 2004
quotequote all
The assumption is a modified car will be altered to improve the performance. Then it will be driven harder than a regular car. The thing for resale is you never know why it is being sold...did the extra 50bhp added end up putting strain in the transmission components, potentially resulting in big bills? Was everything correctly modified that should have been?

I would actually look to pay less for a modified car than standard, there is also the consideration that the insurance costs will be higher.
I think the above factors limit the number of buyers for such cars.

many owners who modify cars are not concerned with cost or re-sale, which is fine..i have seen quite a few modified porsche some better than others, but most owners seem to be of the view that they will never sell.

lightweight

1,165 posts

248 months

Wednesday 18th February 2004
quotequote all
Thanks guys you have just put me of the supercharged C4S option...
just kidding.
paul is right I guess you do this to a car you are going to keep and are less concerned with the resale value. The attraction of some kits ie the american one is they are bolt ons using the original ecu etc.. but can simply be removed and voila you have a standard car when its time to sell(not ethical but it has been done a lot)

toppstuff

Original Poster:

13,698 posts

247 months

Wednesday 18th February 2004
quotequote all
Thanks clubsport,

Thats a pretty depressing perspective though, is it not?

I have a lot of respect for the work of 9m , for example, where the degree of engineering skill applied is considerable.

I would suggest that 99% of owners will at some stage move on to something new , so the idea that only cars that are permanent keepers are converted probably does not bear out in practice.

I wonder how well a supercharged 964, for example, resales or whether they take an age to shift. Depends on who it is being targeted at I suppose. No doubt something like a 964RS with a supercharger might do well - because any buyer understands that it is a performance car and would check out its integrity. Or not?

Taking a 23/24k 993 , for example, and then having the engine motec'd and supercharged would create an awesome machine. And the mechanicals would effectively be "zero rated". All for , what, 30K?

I suppose we are the victim of a wider market here. There are plenty of non-enthusiasts who play their part in holding up prices. When they fail to understand the value of a car, the available market reduces and values come under pressure I suppose.

Unless someone else thinks otherwise. Any supercharged 911 stories out there?

clubsport

7,258 posts

258 months

Wednesday 18th February 2004
quotequote all
I have seen a few 964 Rs for sale...at prices with and seperate prices for the supercharger. Approx £5k difference.

The thing is with 964/993 RS for example, some owners are of the view that there will be no more air cooled cars so you may as well get one how you want it and keep it...Only the other day i saw a 993 Rs that had £20k worth of "improvement" by the owner. Considering you are looking at £60k investment all in, what do you compare it with ? a 996 Gt3 mk1 ???

welshchris

1,179 posts

254 months

Wednesday 18th February 2004
quotequote all
I would have thought that because so many of these mods are 'bolt on', you'd never know whether or not you were buying a car that had been previously modified.

The seller could easily remove supercharger/exhausts etc. and return the car to original factory spec prior to selling to get a better price (?)

On the other hand, if the car came with proper documentation showing that it had been breathed on by someone who knows the score (Ninemeister for example) then you'd have nothing to worry about, and any warranties etc. would be transferred.

Chris

neon_fox

342 posts

284 months

Wednesday 18th February 2004
quotequote all
My take on mods is: don't plan to recoup _any_ money you spend on mods. If you plan to sell your car at a later date it will take _much longer_ to sell as for every mod you make you narrow the target market - unless it's underbody neons of course

Some hard-core cars (e.g. 964RS) have a pretty narrow target market anyway, and even for a performance oriented car like this mods make them harder to sell (drop collectors from the target market for a start...)

So if you mod, plan to keep!

Fox
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964C2 have car, will mod!