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6 guys have stopped me.

Hello all, I have a 1988 911 Black Cab Convertible, whaile tail and live here in New Jersey. Over the past few months I have had a number of guys, 1) while driving at 60 mph, 2) at the cleaners picking up my laundry ,3) track me for miles before I stopped 4) in traffic make me an offer 5)and leave a business card on the windshield.

Last night a mother guy pulled up as I was leaving work and asked me again if I wanted to sell. I got talking with him and asked him what gives and why so many people approaching me? Basically he said that these cars are rare and hard to find. you seldom see one. I found that strange. Its a basic 3.2 cab. that I have had for 4 years and put a lot of work into it

The guy said as I was telling him that I was looking for a turbo something in the 2000 years that I was surprised about all the online competition for even repairable Porches and their prices . Also, in the NY, NJ area these cars are hard to find. He said he buys and ships them usually to California. He asked me what I would want for the car. Dealing with so many guys coming after me I was offered the highest $35k and at the lowest $25k for the car which has 140k miles on it.

Just wondering, not that I am selling it, if this is a good offer and what gives out there?
Is this strickly a business transaction? How much could you really make on the car after shipping it to wherever and there is always something fixed by the new buyer.

Is it worth it for a few grand to these guys to move the car? And while I am at it why are allegedly rebuildable Porches online that are crap worth so much?

Old 09-25-2015, 05:37 AM
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I find these type of interactions complimentary, yet at the same time a bit off-putting. Just be careful as we all know there are bad people out there. A few months ago, a guy and his son followed me all the way HOME. Granted, he was driving a brand new Turbo S. But it still made me uncomfortable. He then proceeded to ask how much I wanted for the car. Told him repeatedly it's not for sale. And yet he kept asking. "Just give me a number". After reaffirming for the 5th time that I was hoping my car would be passed on to MY next generation, he used a expletive and launched full throttle down my street.

There air-cooled p-car market is a bit frothy, to say the least. If you wanna sell, put an ad on eBay with a reserve that would make you happy. It really comes down to what you want; make a profit or hold on to your baby. They aren't making anymore, and as such, I think you would miss your car once she was gone.

Anyhow, good luck and get out and drive her whenever you can.
toby

PS - perhaps I should have offered an even trade for the 2105 Turbo S. hah
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Old 09-25-2015, 06:01 AM
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Depending on condition 25k-35k is an okay ballpark with better examples being priced well into the 40's. Not sure what you mean by "...why are there allegedly rebuildable Porsches online that are crap worth so much?"
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Old 09-25-2015, 06:03 AM
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A dealer would list a car like yours at $50k. Would they get it? Maybe. But it's worth more than a few grand profit in their eyes.

A lot of guys will approach owners hoping they are oblivious to to run up of prices in the last 2 years. That's the guy offering you $25k. He's hoping you aren't laying attention and haven't upped your coverage.
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Old 09-25-2015, 06:26 AM
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Some guy followed me in Chicago on an old Norton. I pulled over to get gas, he came up, talked with me about the car. He had a 73, wants another old school car. He asked if I wanted to sell it, I laughed and said 60k. He gave me his card, no idea if it was legit, cfo of some sw co.. said he would pay me Monday. Kind of flabbergasted, but I'm not selling yet.
My car is the kind of car that is only liked by a few based on what I have done.
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Old 09-25-2015, 06:26 AM
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Market is popping again

Hagerty prices
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Old 09-25-2015, 06:31 AM
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I have a '90 triple black Cab with 62K on it, that I've owned for 3 years. Outside of winter months I drive it just about every day.

Last week I pulled into a parking lot and 3 guys converged on me, asking if I'd sell it. Totally caught me offguard since I'm a very active Pelican lurker and it's pretty clear these models are not held in high regard. Anyway, I like driving this car far more than my '75 Carrera, and the '73 911S I sold. It's a treat every single time I get in it.

I paid $24K for the Cab but put about $12K in it for tires, clutch, flywheel, re-seal, etc. I doubt I'll ever sell it. Made a big mistake selling the 911S and don't plan to repeat that fiasco.

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Last edited by Grimm; 09-25-2015 at 06:57 AM..
Old 09-25-2015, 06:50 AM
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Grimm,

The market holds cabs in higher esteem than the enthusiast crowd here. We can't take the opinions of Pelicans as gospel on all things.
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Old 09-25-2015, 06:58 AM
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Quote:
Originally Posted by Matt Monson View Post
Grimm,

The market holds cabs in higher esteem than the enthusiast crowd here. We can't take the opinions of Pelicans as gospel on all things.
Targas too...
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Old 09-25-2015, 07:07 AM
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Here is the market on early cars, but the latest blip carries across the entire model line.
Many have missed that we are coming out of another plateau or trough

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SOLD - 928 5 speed with phone dials and Pasha seats
SOLD - 914 wide body hot rod
My 73RSR build http://forums.pelicanparts.com/porsche-911-technical-forum/893954-saving-73-crusher-again.html
Old 09-25-2015, 08:11 AM
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Wow thanks for all the responses I too found it off balanced between being beset by these people as well as being thanked for all the hard work I put into the car. I do drive this car daily and enjoy it. Sell it never. As they say you have to to pry the key from my cold dead hand. One thing i have learned following this forum is of how many guys sold their cars and always regretted it, even years later. Not going happen.

I'm at the point in my Porsche ownership of being on the fence of getting another 911 in the 2000 years for the updated look and the electronics. Not to mention a well functioning a/c.



A repairable one is even ridiculously price. Repairable Turbos, never come up, or a bidding war happens that makes it prohibitive to by it. Anyone seeing this happen?
Old 09-25-2015, 08:50 AM
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996 turbos are appreciating. 996 Carreras are still sliding.
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Old 09-25-2015, 09:16 AM
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I never needed the recent popularity boom. Since I bought my '73T in 1987, I have always been asked by strangers if I wanted to sell it.
My wife finds it amusing how I have made many friends over the years because of the car. If the garage door is open, people stop to talk.
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Old 09-25-2015, 09:34 AM
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The Ts seem to be the exception to the rule. Every other longhood I look up has been flat for the last year or so.

Quote:
Originally Posted by wayner View Post
Here is the market on early cars, but the latest blip carries across the entire model line.
Many have missed that we are coming out of another plateau or trough

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Last edited by gtc; 09-25-2015 at 09:45 AM..
Old 09-25-2015, 09:43 AM
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Maybe we should all say thanks to Magnus
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Old 09-25-2015, 10:19 AM
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I've gotten a few notes as well. While they are flattering, I got one while my car was parked in the driveway which I think is stepping across the line. It would've been one thing if he had knocked on my door and wanted to chat, but coming up my driveway to leave a note on my car spooked me a little.

I spoke to my neighbor a couple houses up who has a red 930 that is also in the driveway on the weekends and he said he hasn't gotten anything on his car while in front of the house.
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Old 09-25-2015, 10:34 AM
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Quote:
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Maybe we should all say thanks to Magnus
i'm not sure I understand , are you implying the run up in price has something to do with him ? I would think not at all.
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Old 09-25-2015, 10:38 AM
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Originally Posted by theiceman View Post
i'm not sure I understand , are you implying the run up in price has something to do with him ? I would think not at all.
Funny story... About a month ago I drove the 911 to the airport and parked it (covered) so that I could drive it on a golf trip as soon as I got back from a business trip. (First trip with REAL A/C, but I digress...)

Anyway, when I drove up to the gate to pull a ticket one of the parking attendants ran over and said "Magnus Walker would be proud of your car!"

So, love him or hate him, he does seem to be making older 911's chic.

Now if older 911s start becoming 'hipster cool', then we might just have a real problem on our hands...
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Old 09-25-2015, 10:50 AM
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Quote:
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The Ts seem to be the exception to the rule. Every other longhood I look up has been flat for the last year or so.
I'll agree with you. I guess now that the S model has hit $400k the S market has levelled off
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73 RSR replica (soon for sale)
SOLD - 928 5 speed with phone dials and Pasha seats
SOLD - 914 wide body hot rod
My 73RSR build http://forums.pelicanparts.com/porsche-911-technical-forum/893954-saving-73-crusher-again.html
Old 09-25-2015, 11:18 AM
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check out the sc spike ! https://www.hagerty.ca/valuationtools/HVT/VehicleSearch/Report?vbe=83535

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Old 09-25-2015, 11:33 AM
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