Prices to the moon

Talk and Tech about turbocharged 924/944/968 cars
AudiSport
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johnb
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$115K....that's just stupid money for a 951. I really hope it doesn't sell for that.

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AudiSport
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I already have two 89s. So I kinda hope it does ;)

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And it's sold!

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Thom
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Parts are getting pricey too, when they are even still available.
'90 944 turbo

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johnb
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Thom wrote: Fri Jun 03, 2022 10:19 am Parts are getting pricey too, when they are even still available.
Yeah that's part of it. I mean, it's true that they were undervalued before, and it's good that that will be corrected. But this is going too far imo. Maybe it doesn't matter because this was a < 10K mile car, and they probably only exist in the single digits now anyway. I just hate to see them becoming totally inaccessible the way air cooled 911s have. I always liked the idea of picking up another 944, maybe an S2, but I think it'll be too late soon.

The parts thing is a tricky one. I have benefitted greatly from cheap good condition parts from Lart over the years like everyone else. On the other hand to see some of the cars he has parted, it's absolutely criminal! Maybe cars that would once have been parted out will now be saved. Good for some people, bad for others.

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Thom
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My only gripe with prices rocketing is what sort of half decent "European sports car" the average young enthusiast may get into without breaking the bank. The 951 was always a hidden secret but is no more in the affordable range for the merely well off. Talking from a European point of view at least. Too many were produced for it to ever reach classic status but they're getting too expensive to run and maintain to trigger the interest of the average dude who may get a run off the mill US V8 car to mod the hell out of it for a lower outlay.
'90 944 turbo

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johnb
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Thom wrote: Fri Jun 03, 2022 11:10 am My only gripe with prices rocketing is what sort of half decent "European sports car" the average young enthusiast may get into without breaking the bank. The 951 was always a hidden secret but is no more in the affordable range for the merely well off. Talking from a European point of view at least. Too many were produced for it to ever reach classic status but they're getting too expensive to run and maintain to trigger the interest of the average dude who may get a run off the mill US V8 car to mod the hell out of it for a lower outlay.
Nothing lasts forever :)

There's still early Boxsters, and various BMWs (that aren't the E46 M3) that I think will be affordable for a while. And eventually early Caymans will be cheaper.

In fact while the 951 was regarded as a budget friendly Porsche when I got mine over 10 years ago, the truth was that it was already past that point. They were cheap to buy, yes, but very expensive to maintain (probably because they had been cheap for a while!). If I had bought a 996 at the time, I would had a far better car that would at all times have been worth a lot more, if I ever felt like selling it. In the end the total cost to me would probably have been much less than the 951.

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Thom
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Hmm you would have broken the 996 engine no doubt, as unless it would have been fixed and upgraded they do break like crystal. The 951 at least is I believe a far more reliable car. Mine is nearing 240k miles yet the whole car feels as if tight as it did when I bought it at 130k miles.
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The cars are also 35 years old. Nothing this old is really budget friendly anymore. The amount of work and care is high. If you want something budget. Go get something in the 10-15 year old range. Reliable with lots of accessible parts. Probably near max depreciation

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