Hey Stu- chill out man. This is'nt the wwf.

Did that sound harsh? Must have left off the little smilely thingy again. Is this better?SmileWavy

I love you man.:D

Can you smell what BigB is cookin'? Can ya!

I knew ya could. It's a wonderful day in the neighborhood....

Dannov, Curious which cheap stocks you are attracted to?
I'm compiling a short list of what I consider "cheap"
Would you mind emailing me some of your picks?

You said you'd write.

stuart

I still dont like those coke dealer chromies. :confused:

Have to go along with Wayne on this one.

I thought it's now called the WWE? Stuart, you are definately the "Kurt Angle" of this BBS.

You should focus less on the years, miles, and condition and more on prospective buyers. In my observations from posts here and in the wanted adds, Targa's really eliminate buyers by at least half. Combine that with a model run 84-89 that a large improvement was made in the last half with the G50 and your car is further restricted. You will definetly need a specific buyer to sell the car. If your add was for an 87 coupe with 36, 000K and a concours winner, your phone would be ringing off the hook. Nothing personal, its just the way it is.

When you say "second place concours winner" what do you mean? Second place Parade full concours (meaningful), second place local "Wash and Shine" (not really very meaningful), or something in between?

I think your question has been answered so I'll just add a little without rehashing what others have said.

I've owned a car for every year of my life (38 cars and years). I currently own three cars. Not counting friends I've helped - I've sold 35 cars. Like selling anything, selling cars is a numbers game. Theoretically you could pick up the Atlanta phone book, start at the beginning calling people and telling them about your car. You might sell it eventually, but that's not a very efficient method of advertising.

As others have mentioned, if you want top dollar you need to advertise directly to those who are in the market for a top dollar car. Don't bother with local. Odds are your buyer will travel. Autotrader, Excellence, Hemmings, Panorama, and Porsche Market Letter are the places you need to be.

But, I just checked Autotrader.com and there are quite a few '85s with low miles for sale around $24K. Don't be shy. Call those guys up... be up front and tell them you have a similar car for sale and find out if they've had any calls or if the cars have sold. It would be a good way to judge the market.

Yep, the stock market is hurting the toy market. Personally, my porfolio is down enough that I've almost lost a new 911 Turbo. I'm sorry, I must stop typing now as I can't read my screen through the tears! http://www.pelicanparts.com/support/...s/a_frusty.gif

It's a Targa.....
 

You've probably got a very nice example of that year car. But it's a Targa..sorry, but fact. I hope you find the right buyer. If it were a coupe you'd still be playin', but you've been sidelined because of the model.

Do not get discouraged, this "stock market" correlation to Porsches is nonsense. Cookin' books has nothing to do with Porsche values... "what only people that invest in the stock market buy cars" ??? Try to buy a new 500SL ...? You're on a wait list.

Keep your head up and try a marketing approach..Good luck !!

Nonsense? Here... I'll make it simple:

People who are in good financial condition buy toy cars.

People who are in good financial position also own stocks.

The stock market is down. People don't feel so good about their personal finances.

So...

They hold on to their money instead of spending it on toy cars.

Thus, demand goes down.

If demand goes down, prices go down.

Questions?

Curtisaa has a good point.
Why are people lining up to pay $40K over MSRP for an SL, if toy car demand follows the stock market?

I think it is a different clientele. People with lots of money have lots of money no matter what the market is doing. They freely buy whatever new car they want. The buyer of an 80's P-car is probably not rich, but rather either an enthusiast, or someone that has a bit of disposable income and wants a fun car. The latter buyer is affected by the economy, as they might have an unstable job, or less cushion.

well, I guess then it depends on what he meant by "good financial condition" in his first postulate.

I guess I equate that with having more than "a bit" of disposable income or an unsteady job.

Indeed. I know that my wife and I have different definitions of good financial condition. As for job security, that is a tough call that depends on the paranoia of the individual, as well as reemployment probability. I'm not sure how much of this economy and market conditions is self-fufilling prophecy

I'm talking middle to upper middle class types. Nostatic is right on the money... no pun intended.

Very wealthy people won't change their behavior due to a slight downturn in the economy. But very wealthy people are probably not shopping for an older Porsche.

I called about a 911 that was for sale a few months ago. It belonged to an America West pilot who said he'd rather have the money in the bank right now than in the garage. How many thousands of people have been affected by lay offs around the country? Of those, how many had a $10-30K Porsche around for the weekends. How many of those went up for sale? How many people who were shopping for a 911 decided it was best to put off their purchase?

All rhetorical questions of course, but a few more cars on the market and a few fewer buyers means prices will go down.

Three problems... you're asking a lot, it's not a coupe and it doesn't have the G50. You didn't mention mileage but if it's over 80K that's another "problem".

I agree with 89911 that if it was a low mileage G50 Coupe phone would be ringing off the hook even at $30K. I know I'd be interested.

If it's low mileage and all original it would be worth up to 24K out here in LA.

Pete
86 Coupe

Yeah, I think that we are talking apples and oranges here. People with REAL money are not looking for 1985 Porsches. If they like Porsches, they had that car 17 years ago, and it was cleaner than yours. :)

The demographic we are dealing with are working people who earn enough to have toys, but toys are the first thing to go when money gets tight, or even the perception of it getting tight. Like that phrase they always use in the paper, "consumer confidence". Never got that one myself, only thing I know about money is how to spend it, but I could give lessons in that! :D