Are G-50 Carrera Prices Pumping Up?

[joeclarke]

G-50 Car's Going up?

Seems aggressive - or am I out of touch?

[Drago]

That's seems pretty high. I see them advertised locally anywhere from the high teens to the mid-twenties. The higher priced cars do seem to sit for a lot longer.

[ZCAT3]

That car has some pricey upgrades though - such as a coil-over suspension (probably $3K minimum), adjustable sways, and an Autothority MAF ($2K). Plus it is a low mileage car. The price is probably fair for someone who wants those modifications.

[joeclarke]

...yeah but it's a coupe. I though even this was high:

at least it's a cab!

[RickM]

I agree....IF someone wants those mods. It's like selling a house with a built-in pool (or doing a conversion like I did on my 911).

[911Rob]

nice looking cab, but no details?
Would that tail be factory? I don't think so?

The red one looks just like the one my friend bought last fall.

We're only a week or two away from our driving season!!!

[KTL]

For some reason, some owners think these G50 cars are golden.

There's nothing overly impressive about that car when you really consider some of the "upgrades" that have been done.

---->Rear coil over suspension should be tied into a roll cage because the rear shock absorber crossmember is not strong enough to support the loading of the coilovers. This car just has a sport roll bar and thus doesn't have the proper support for the rear crossmember.

----->Boxster brakes, while cool looking, are not necessarily an upgrade depending on how you use them. On a heavy car (like this one with A/C and all sorts of other goodies) those calipers can overwhelm the stock Carrera rotors. Drilled rotors with those calipers are not helping the situation either. For street use? They're pretty cool though. And the cooling ducts are an added benefit.

And most of the other stuff done is good to have done on a car that's 17 years old. Don't get me wrong. It's a nice car. And the top end job takes care of the dreaded valve guide issue. But considering that the reserve still has not been met at $26,295? I think it's rather overpriced. I think the seller is one who thinks he can recoup a good chunk of the repair and upgrade costs. Sorry. Doesn't work that way!

For that price and with the suspension work done, i'd like to see some wider wheels and tires to take advantage of the suspension stuff. Although, the bigger rubber would test the coilovers and brakes more. That's not a good thing.

[Purrybonker]

Tail looks like standard factory issue to me...

[ZCAT3]

Well a bone stock 87 Carrera with only 50K on it has to be worth 20K at least if it is in very good condition, probably more.

eBay is not an indication of the price of these cars. Most really clean, well documented cars do not sell on eBay as the sellers are unwilling to take bargain basement prices. eBay is a good place to advertise the car and then make a deal offline. That is how I sold my 993 Cab.

[jmarenas]

Higher the better for us OWNERS!
As the price of the AVERAGE NEW cars rise out of control. Of course as these fine specimens become more valuble with supply becoming scarcer and scarcer and with Demand always for this vehicle ,on the moderate high side.

Latest New AVERAGE car cost, is over $28,000.00 IE ford tauras, buick century, etc. I sure would not pay that for a ford tauras or century, etc.....

[Wayne 962]

eBay is only useful for judging how much a car is worth when you look in the completed items section...

-Wayne

[joeclarke]

There ya go...

$26 grand for a 50k mile '89 cab

Completed.

Hm, maybe it's time to blow the dust off an item in the back of the garage.

[porschenut]

Yeah, but that one's not a run-of-the-mill '89 cab.

[trader220]

Don’t be so sure that the Ebay sale has actually taken place. He could have anyone including himself under another name bid up if he felt he had a buyer chasing the bid.

[DP935CAB]

Everyone I have read about, including Stephen at Imagine Auto, that have run coilovers on their cars for street and track, without a roll bar tied in, have had no problems with the chassis and consider the move to coilovers an improvement and upgrade to the outdated torsion bars due to the improvement in handling and adjustability of the suspension.

[MOMO3.2]

That car is "worth" MORE than it will sell for! What will $30,000 procure in the new car market? I guarentee it won't be half the car that Carrera 3.2 is. Moreover, that particular car has 50,000 miles on it. Unless there is something amiss, it will easily go another 100,000-150,000 before needing any work done to the motor. Thats 10 years of world class, exhilerating, life changing commuting. And, all for the price of a frickin Ford or Chevy.

I can't imagine the price won't climb sharply on these dependable super cars.

Mike

[nostatic]

Originally posted by MOMO3.2
That car is "worth" MORE than it will sell for! What will $30,000 procure in the new car market? I guarentee it won't be half the car that Carrera 3.2 is. Moreover, that particular car has 50,000 miles on it. Unless there is something amiss, it will easily go another 100,000-150,000 before needing any work done to the motor. Thats 10 years of world class, exhilerating, life changing commuting. And, all for the price of a frickin Ford or Chevy.

I can't imagine the price won't climb sharply on these dependable super cars.

Mike

umm...how long have you owned your car?

The engine is a small part of the cost of keeping these cars going...no matter how low the miles. For $20K I could get a new car that would drop a 3.2 like a dead chicken, have a warranty for 4 years, and the only money out of pocket would be depreciation when I went to sell. For a little more you can get even more performance.

You can argue the style points and vibe are much greater on a 911, and while there are arguments for getting a car that won't depreciate, if you buy this car for $30K and put 50K miles on it in 5 years, you will have a car worth likely $20K...about the same depreciation as a new car. And during those 50K miles, unless the car was very well sorted, you'll have spent a few $K here and a few $K there on shocks, brakes, bushings, hoses, blah blah blah. It is an old car. Things wear out from age.

Obviously since I own a low miles car that I drive every day instead of a new car, I find some special value in the 911. But it ain't financial. To pass these cars off as "reliable transportation for the price of a Honda" is kinda disingenuous, unless you do all your own work and are very lucky. And can keep from doing mods.

[epbrown]

Once you get into the 20s, you're talking Boxster prices. Similar performance, more modern suspension, tranny and brakes, all cabriolet all the time, better heat and AC, etc. Add the continuing decline of the 964 and 993, and I don't see the average G50 cab staying at these prices. Some nice low-milers for 911 collectors, but the rest are going to head back closer to the SC price range in the next 2-3 years, I believe.

Emanuel

[MOMO3.2]

umm...Nostatic:

I am not being disingenuous in any way! Nor did I ever make the assertion that a 17 year old Porsche is "reliable transportation for the price of a Honda". Those are your words. I wrote "world class, exhilerating, life changing." Those are qualties I find in my car that make it well worth the money. I don't find those qualities in any $30,000 Fords or Chevys.

I NEVER attempted to make an argument based on depreciation values or cost per mile. Don't attempt to do that for me--thank you!

Mike

[nostatic]

no offense meant Mike, but your post does intimate that a low miles 3.2 over a ten year period will give you "life changing" performance "for the price of a Ford or Chevy". I think over that time period you would spend a lot more on the 911 than you would on a new car. More like the price of a couple of Ford or Chevys.

I'm in total agreement that a 911 is *worth* the cost, but when you mention "price" that is a somewhat different ball of wax.

But the other data point is how long have you had your car, how many miles have you put on it, and how much money have you had to dump into it?

But no way I would pay $30K for a 50K miles 3.2 coupe...I paid a little more than half of that for my 40K mile SC.