Wow you can find anything on Craig's List these days...
 

You know times are tough when Canepa is advertising on CL !

1988 Porsche 959 S

Hey, potential 959 buyers like bargains, too.

W T H... only more than $500 bucks plus 3 more digits.

Nice car. My wife approves too. I only need about 500k to make it happen ...

George

I recall this car being on & off the market for awhile over (at least) the last year or so, and links to it being made previously on this board.

Of course I agree that it is an extremely nice car, but I have to wonder whether the "upgrades" (esp. changing the turbos, engine management system, wheels, etc.) hurt its value.

Good God that's a beautiful car...

I just love those Sports seats.

http://forums.pelicanparts.com/uploa...1262785672.jpg

I don't understand why people discredit advertising on Craigslist, it is all about getting your product in front of more potential buyers.

Agreed, but the demographics of Craig's List isn't usually thought to be consistent with people who purchase cars costing $0.5 million.

IMHO, Craig's List & eBay are not really the first thing I think of for sales of used Maybach, Rolls Royce, Bentley, Bugatti, etc. After all, how many millionaires browse CL or eBay for things they want?

I believe that many people associate the selling of an item like this to less proletarian outlets (e.g. high-end auctions, brokerage-based sales, high-end dealerships), and that needing to put an item this expensive in front of the great unwashed masses is noteworthy.
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I continue to wonder if they would find it much easier to sell without their modifications, and they are trying to get someone who doesn't understand (or doesn't care about ) the modification's impact on collectability & future value.

Agreed! They have to be my favorite street seats ever.

OMFG! Beautiful car. My personal favorite car of all time... the F40 can suck it. Unfortunately its unlikely I'll ever have $500,000 just lying around for toys.

And yeah... its hard to believe there would be some multimillionaire out there typing "Porsche 959" in the craigslist search field hoping today... maybe today, after the 750 days that came before... today was his lucky day. However, someone did post the link here... so...

Didn't Canepa just get a thrashing across the hall for less than honest practices (Hearsay)?
With these cars at these prices, I'd make sure my reputation and business practices are sqeaky clean.
OTOH, the value, as a collector, is gone. Rebuild as left the factory, and put in a collection. Otherwise spend your money on more modern stuffthat'ss blow the dors off this car.
You got to love the "werks 1" steering wheel...

The ad says 0-60 in 3.2. How many modern cars out there that will "blow the doors off this car?"

I can't find anything that hints at any unsavory practices there on Google, but I still don't have the dough to go shopping there anytime soon.

The 2010 Porsche 911 Turbo with PDK will... :D

That 959 is simply awesome, and Canepa's work is flawless, but the buyer is purchasing a "Canepa 959" not a "Porsche 959" (like Wayne owns). One has to assume its value is only what someone is willing to pay... not the market value of a mint factory 959.

- Mike

Here's the thread about Canepa from Ferrarichat.

THAT doesn't sound too good at all if true.

There's another few ones on the list for Renn, by nyc123 I think. He says he got his money back when Canepa could not back out of proven lies.
Again, hearsay (or should I put it, readwrite).

The ad claims 3.2 0-60. Claims.

Other than a dedicated race car (e.g. something fueled by nitromethane, or something with a jet engine & wings, or something with only 2 wheels), I can't think of any with notably better 0-60 acceleration performance, even if the 3.2 sec. is a bit optimistic.

However, for comparable performance, there's actually more than a few cars. I would compare it to a Viper SRT10, Ford GT, 'vette ZR1, 911 GT2, several Ferraris (F40, F50, F430F1), Mercedes CLK-GTR, McLaren F1, Bugatti Veyron, several Lambo models (e.g. Diablo SE 5.7), etc.

Heck, a 993 turbo S was tested (not "claimed", but tested) at 3.7 sec 0-60 in Car & Driver (July '97 issue). There are also published reports of the old '66 427 Cobra having a 0-60 of 3.50 sec (with a top speed of 159 mph, indicating some short gearing to make that acceleration).

I hate to say it, but for roughly 1/5 the price of this modified 959, you could buy a new ZR1 that has been tested at 3.4 sec. 0-60.

Looking at the Ferrarichat link above, I now have to wonder if some of the "modifications" to this car were actually repairs. Could something happened to the original turbos, for example?

If I were to part with half a million dollars, I'd not give them to someone who has had complaints directed at him.
and 3.2sec is fine and dandy, but I would love to have some sort of warraty and service. I can see the scene:
"sorry Sir, but that thingamajig is broken, and only we know how to repair it correctly since we modified a hellishly complicated car. It'll be 50K, Sir."

To expand on my comments above regarding the 3.2 sec 0-60 performance:

Lots of less expensive vehicles can beat that time these days. But most have only 2 wheels, and take a death wish, or absolutely no knowledge of one's mortality, to ride aggressively.

For example: $13,500 for a 2009 Kawasaki Concours 14, which has been tested at 0-60 in 2.9 sec and 10.78 sec 1/4 mile.

So, really, the 0-60 performance numbers game doesn't mean all that much. If it did, a significant number of us would own something other than our beloved 911's.

It comes down to what are you really getting for you money. In this case, a disappointingly non-stock (and thus having very significantly reduced collector-car value) but still lust-worthy vehicle.

To those who know 959's better, I ask: What do you think this is really worth? 200-300K$?

I don't understand why everyone on here is starting to worry about the mods. Is it because we are too poor to imagine not worrying about the resale? It isn't like we are purists on our cars. Why not upgrade and modify a 959? I sure would, if I had .5M toy money laying around ...

George