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Troll Hunter
Join Date: Apr 2013
Location: on the river
Posts: 4,736
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Quote:
Originally Posted by OK-944
I'm now on my third 944 - the first having been an '84 which, at over 300k miles, had been raced, wrecked, welded back together - and my son and I took it over and had a blast rebuilding it. Sold this and almost broke even.
Moved on to an '85.5, rebuild this and drove it for ten enjoyable years - car never left me stranded and I had a blast. Swore I'd take that car to my grave - but then sold it to help facilitate another father/son bonding experience. Could have realized a profit but the purchaser is a friend (also a great garage mechanic) and I wanted to step up to the plate and make it possible for him. Car is located in our village and it still broke my heart a little every time I saw it, so I started looking for another almost as soon as I sold it.
Now I've just acquired an '87...basically in great condition save for needing motor mounts and water pump/rollers, as well as ODO gear - which I've just been diving into recently. Other than this, absolutely everything works. Furthermore, the two owners before me are adults who generally kept up with everything, and I have service records back to day one. Previous owner wanted 8.5K for this car, which he could have easily realized, but more than anything wanted it to go to someone who would treat it with respect...so sold it to me for 5.5K.
While I do have some sense that the market for these cars (even a base level NA if kept stock and in good condition) has been climbing recently, there does not seem to be any real consistency in this with the exception of cars which are truly in concourse condition - which is exceedingly rare for a 944.
At the end of the day, although from my perspective the prospect of owning a car that, at worst, will not lose any value if I take care of it going forward, I honestly could care less about considering this car an "investment," aside from the priceless experience which it provides for me personally. At my current age of 64, my sense is that I'll enjoy this car for ten years (give or take) then pass it along to my son.
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Great story, great attitude. For me, this is what Porsches (and classic cars) are all about.
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1978 SC Coupe, Gris Argent Metallic Silver
1988 FJ62 Blue/Gray
2020 M2 CS
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04-05-2019, 10:58 AM
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