1989 Speedsters

[whiterabbit]

Does anyone have a sense for what these are actually selling for right now? I think about $150k for a 20k mile wide body car in excellent condition but that may be too high. A good few cars for sale at high asking but I think many are on commission and not dealer stock.

[speedster911]

I know of several private party sales north of $150 with 20K+ miles. There appear to be a lot of them for sale at the moment.

[trader220]

I think it comes down to whether you want to sell the car or advertise it for sale. There appears to be a lot of cars on the market right now at very high prices. If you want to pay north of $150 for one there are plenty to choose from. My guess is of you want to sell one you need to place the asking price below all of the rest.

[matt930s]

And they have been sitting awhile..

MattR

[whiterabbit]

Thanks for the responses. I wouldn't mind buying/owning one but not sure if they are going up/down or sideways. Seems to me to be very hard to know what they are really worth right now. My sense is they have gone of the boil a little.

[trader220]

I dont think there is a whole lot of mystery in the price. I think you should be able to buy a nice lower miles car for about $150 give or take. The market for air cooleds has come off a bit in the last few months. The 89 Speedie is a car that will always hold value in the long run. At $150 you may have some short term risk but if you plan on holding it over the long haul I dont think you'll get hurt unless you rack up the miles or damage it. That being said, I like to drive my cars. If you want one to drive I'd be patient and find one with some miles on it.

This seller has a great rep and this is an interesting 89 Speedie thats a Swiss version:

1989 Porsche Speedster | Sports Car Shop

They might deal on it.

[Macroni]

Nice car.......

[thamlin000]

I saw this u-boat sell for $50k ish at B-J in Scottsdale less than 10 years ago when I was living in AZ. Wonder what it is worth now. Even with it's history, it was really clean in person.

https://www.mecum.com/lots/FL0117-269479/1989-porsche-911-speedster/

[matt930s]

Looks wrong with the tail:

[Macroni]

Agreed, I would remove it.

[cellison]

I imagine there will be several at the upcoming auctions an if they sell will be good data points.

[techweenie]

I suspect the pattern for 89 Speedsters is pretty much like the 80-86 930 market. When there were few on the market, some brought strong prices. Those strong prices brought dozens of cars to market - more than there were buyers for.

So, basically it turned from seller's market to buyer's market in a matter of months.

[trader220]

Originally Posted by techweenie

I suspect the pattern for 89 Speedsters is pretty much like the 80-86 930 market. When there were few on the market, some brought strong prices. Those strong prices brought dozens of cars to market - more than there were buyers for.

So, basically it turned from seller's market to buyer's market in a matter of months.

Well said tech...

Econ 101... when supply exceeds demand prices drop

If I were in the market for one of these I would pursue that Swiss one. If you could buy it for a decent price it would be a cool somewhat unique car. Oh, and ditch the spoiler.

[whiterabbit]

Originally Posted by trader220

Well said tech...

Econ 101... when supply exceeds demand prices drop

If I were in the market for one of these I would pursue that Swiss one. If you could buy it for a decent price it would be a cool somewhat unique car. Oh, and ditch the spoiler.

Thanks, I am actually going to be in OR early Jan so will take a look. It appeals to me more as its a ROW model.

There was a guy in Atlanta using one as a daily I met a couple of years ago, think it was already up to 90k miles.

[speedster911]

There is a 94 speedster currently for sale in the $80K range- High miles/ new motor, but looked like an interesting car and would be a fun driver.

Two 89's in Pano @ 225K - I think those are examples of someone just looking for stupid money.

As an owner of an 89 Speedster I love seeing the high prices - but I have owned mine since the early 90's- could never afford to pay today's asking prices.

[trader220]

Originally Posted by speedster911

There is a 94 speedster currently for sale in the $80K range- High miles/ new motor, but looked like an interesting car and would be a fun driver.

Two 89's in Pano @ 225K - I think those are examples of someone just looking for stupid money.

As an owner of an 89 Speedster I love seeing the high prices - but I have owned mine since the early 90's- could never afford to pay today's asking prices.

I really like the 94 Speedie, I used to own one that was sadly stolen out of my garage when I lived in Santa Monica. At the time I couldn't give it away. I did see that high miles one and thought it would be interesting. Be a great car to do a wide body conversion on.

[porschepnw]

This thread caught my eye. I'm a long time reader and a new member. I have an 1989 Speedster with 23k miles and am in Oregon. My car is not listed for sale but I would consider a serious offer.

[willtel]

Originally Posted by whiterabbit

Thanks, I am actually going to be in OR early Jan so will take a look. It appeals to me more as its a ROW model.

There was a guy in Atlanta using one as a daily I met a couple of years ago, think it was already up to 90k miles.

Was it white with a black top?

The only Speedster I've ever seen was in a Whole Foods parking lot in Atlanta (Buckhead) and was white with a black top. I was floored when I walked out of the store and saw it.

[touringteg]

Were they all red? No data point but there is one for sale at the local Porsche dealer here in Victoria BC Canada. Been for sale for a while 48,137 kms, $225k CAD ( $168k USD today)

Incredible 1989 Porsche 911 Speedster!!!!!!!!!! Victoria City, Victoria

[Nachtfalter]

They were not all red, but they are all for sale. All of them using CAPS saying how rare they are. What's rare, is finding one that isn't for sale.