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Khal
Joined: 26 Sep 2003
Posts: 4872
Location: Sunny and lovely interior BC, Canada
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 Posted: Mon Mar 03, 2008 6:19 pm Post subject: Excellence Magazine Market Update |
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Just FYI, the April '08 issue of Excellence magazine has a market update on the 924/944/968.
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'80 924 Turbo |
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Chrenan
Joined: 15 Jan 2003
Posts: 3903
Location: Canada
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| Posted: Tue Mar 04, 2008 1:14 am Post subject: |
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Last month called, they want their thread topic back.
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1987 951 - M193 Version for Japan |
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Rasta Monsta
Joined: 12 Jul 2006
Posts: 11733
Location: PacNW
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tuurbo
Joined: 08 Aug 2007
Posts: 1446
Location: East Windsor, New Jersey
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| Posted: Tue Mar 04, 2008 2:36 am Post subject: |
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Yeah people get grumpy about these cars and the prices.
Personally I don't care. If it's worth a dollar or $5K or $10K I still like it and it'd take a whole whack of cash to pry the steering wheel from my hands.
What would I replace it with for $3K or $6K or $10K? A Subaru? Celica? Honda? Sunfire?
I'd rather be flayed. |
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Chrenan
Joined: 15 Jan 2003
Posts: 3903
Location: Canada
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| Posted: Tue Mar 04, 2008 2:43 am Post subject: |
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The people that get upset usually find a "Porsh" for a great price and buy it thinking they will flip it and make huge profit.
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1987 951 - M193 Version for Japan |
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Rasta Monsta
Joined: 12 Jul 2006
Posts: 11733
Location: PacNW
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| Posted: Tue Mar 04, 2008 2:47 am Post subject: |
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I agree tuurbo, I love my 931. It's beautiful, comfortable, fast, relatively practical, and handles like a dream. My favorite part? I have never seen another one on the road while I have been out for a drive in Shaggy.
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Toofah King Bad
- WeiBe (1987 924S 2.5t) - 931 S3
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Maybe924
Joined: 14 Aug 2007
Posts: 412
Location: New London, CT
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| Posted: Tue Mar 04, 2008 3:09 am Post subject: |
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| Rasta Monsta wrote: | | I agree tuurbo, I love my 931. It's beautiful, comfortable, fast, relatively practical, and handles like a dream. My favorite part? I have never seen another one on the road while I have been out for a drive in Shaggy. |
Agreed, but I think your last point is usually a pretty good indicator of a possible increase in value coming in the future... the 931's rarity. I personally expect there will be a modest increase in value... nothing worth "flipping" for but enough to let the Porsche community know 931s have been grossly underrated.
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1981 931 GT (CGT Intercooled)
1985 911 Targa Carrera (Sold) |
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PORSCHEV
Joined: 02 Nov 2002
Posts: 1901
Location: Cedar Lake Nova Scotia, Canada
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| Posted: Tue Mar 04, 2008 3:21 am Post subject: |
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Who cares what excellence says. What matters to me is what the insurance will pay if the car is "written off". My yellow V8 is appraised for 20K and the Neil's car was appraised for 7.5K.
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1976 924
5 lug conversion, 17'C2 wheels,custom body work,327 vette engine.
1978-#53 "D" track racer. |
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Chrenan
Joined: 15 Jan 2003
Posts: 3903
Location: Canada
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| Posted: Tue Mar 04, 2008 3:56 am Post subject: |
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| PORSCHEV wrote: | | Who cares what excellence says. What matters to me is what the insurance will pay if the car is "written off". My yellow V8 is appraised for 20K and the Neil's car was appraised for 7.5K. |
This is a very good point. My 924 is appraised at 12K, if I write it off that is the cheque the company will cut me, end of story.
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1987 951 - M193 Version for Japan |
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Khal
Joined: 26 Sep 2003
Posts: 4872
Location: Sunny and lovely interior BC, Canada
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| Posted: Tue Mar 04, 2008 5:32 am Post subject: |
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| Chrenan wrote: | Last month called, they want their thread topic back.
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 Sorry, didn't notice it was listed previously...
EDIT: I didn't actually read it. Was it good or bad?
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'80 924 Turbo |
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924aussie
Joined: 02 Feb 2006
Posts: 1009
Location: Chinchilla Queensland Australia
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| Posted: Tue Mar 04, 2008 12:22 pm Post subject: |
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only just purchased the March issue 
But there was a set of headlights on a 944 in a write up that looked different, anyone know if he is going to be selling them ?
Alan
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green 924 .. 1980 rego 924PSH
1998 Mopar Neon ... sick
2003 Challenger / Montery 4WD
1995 Hyundai Scoupe ... sold
1998 Nissan Silvia ... sons back from OS he has taken it
BIG BLOODY MOTORHOME 300zx Sold
1980 Fire truck Sold |
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Maybe924
Joined: 14 Aug 2007
Posts: 412
Location: New London, CT
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| Posted: Tue Mar 04, 2008 11:02 pm Post subject: |
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Lol... I just read the article included with the market analysis and it appears that I'm dead wrong.
I'm quoting the offending excerpt word for word.
"I have owned both the 924 and 944. My 924 was a project car, while my 944 has served as a daily driver and has returned great service over the years. Having said that, I likely would not buy either of these models again. The only 924 I would consider is an 87' or 88' 924S. If you MUST have an earlier 924, I recommend avoiding the 924 Turbo as maintenance for these cars has always been costly."
So you see 931s are THE LEAST desirable 924s. You learn something new everyday. 
BTW I wonder how his project 924 turned out???
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1981 931 GT (CGT Intercooled)
1985 911 Targa Carrera (Sold) |
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Chrenan
Joined: 15 Jan 2003
Posts: 3903
Location: Canada
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| Posted: Wed Mar 05, 2008 1:14 am Post subject: |
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| Khal wrote: | Sorry, didn't notice it was listed previously...
EDIT: I didn't actually read it. Was it good or bad? |
I'm just teaasing, I'm not sure anyone posted about it, I got that Excellence a while ago so I thought everybody had seen it by now.
"I have owned both the 924 and 944. My 924 was a project car, while my 944 has served as a daily driver and has returned great service over the years. Having said that, I likely would not buy either of these models again. The only 924 I would consider is an 87' or 88' 924S. If you MUST have an earlier 924, I recommend avoiding the 924 Turbo as maintenance for these cars has always been costly."
This text has been reprinted faithfully in the 924/944 market update year-after-year for at least 5 years. The market updates in excellence are sort of a running joke from what I can tell.
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1987 951 - M193 Version for Japan |
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Neil924
Joined: 18 Mar 2003
Posts: 4225
Location: Canada
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| Posted: Wed Mar 05, 2008 8:21 am Post subject: |
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I don't think adding fact and logic to a thread is an "angry outburst". |
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Rasta Monsta
Joined: 12 Jul 2006
Posts: 11733
Location: PacNW
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| Posted: Wed Mar 05, 2008 9:24 am Post subject: |
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Now Neil, what made you think I was referring to you?
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Toofah King Bad
- WeiBe (1987 924S 2.5t) - 931 S3
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