Lowest mileage?

[moosec]

My S2 has 39000 on the clock, genuine as its was owned by my father from 1 year after it was new and i inherited it about 8 years ago. It has also been garaged for most of its life and now only its taxed for the best 6 months of the year. Its all original apart from the wheels which i changed some years ago. There no rust and the underside is very clean, last mot i had the guy couldn't believe how clean it was underneath. Im not selling and plan to keep it for a long time, but wondered how much it is worth from an insurance point of view, i cant imagine people paying for some of the prices i see some dealers offering higher mileage cars that mine for.What the most an enthusiast would pay for a car in this condition?

Ive attached a pic taken at the recent porsche day at Beaulieu Museum.

 

[Lowtimer]

For insurance purposes what you need to do is join the club and get a free Club valuation. It needs to be an independently provided valuation from an insurance-recognised source or it will have no effect if and when you make a claim.

I'm sure people will speak for themselves but my personal opinion is that the enthusiast market for 944s is more about condition and recent maintenance / refurbishment history than mileage or years. Also, to some extent, originality - that's not to say people require cars to have the original factory air in the tyres, but a top-end low mileage car will always sell better if it has all the original stuff still present and correct - handbooks, tools, boot blinds, etc etc. Have you got the original wheels, by the way? Obviously it's fine to drive around on a spare set of suitable alternative wheels but for best resale you need to be able to supply a mint set of the originals with the car.

Meanwhile if you haven't done so, I suggest you go here and put it in the 2013 mileage list:
http://www.porscheclubgbforum.com/tm.asp?m=778696

I'll let the S2 owners on here speculate on the current state of the market as they are probably better informed. It's a relatively low-volume market though, with relatively small numbers of buyers and sellers, so the urgency of a sale can have a big effect on the price obtained in any specific case.

 

[edh]

lovely car - but change the wheels! []

Proper D90's (or Cup 1's if you must..)

There's been a few threads on mileage recently - and it's clear that the more serious collectors (like our Cumbrian crew) value low mileage and originality (as well as condition). I think that's a difference with the "enthusiast" market who will buy more on condition, and will be happy with some modifications.

Join PCGB and get a valuation - in 5 figures I would have thought?

And stick some more pictures up - host on Photobucket or similar so you can decent sized ones. Is the cam cover still silver or has it gone beige? What's the interior looking like?

 

[Diver944]

If it is in true time warp condition and all the yearly maintenance is up to date then it will be worth well in to five figures for someone who wants a super low mileage show car/ weekend toy. My own 212,000 mile car has a club valuation and an agreed value insurance of £8500. If you are insured under a normal policy you would be lucky to be offered £5-6000 in a full write off situation so make sure you get a beauty like that protected asap []

PS I love those wheels - it's what I have, only painted black to match the car.

 

[944 man]

ORIGINAL: edh

lovely car - but change the wheels! []

Proper D90's (or Cup 1's if you must..)

Yes, those wheels are horrible! I should know, as theyre fitted to my Turbo too...

With regard to value: it has to reflect the vehicles rarity and condition and be sufficient for you to replace the car. This is very different to what you think people will pay.

 

[J4CKO]

We can make up whatever figures we want, the completed listing figures on Ebay are the best indicator of actual prices as are the spiffy looking dealer cars that are on there month after month at ten grand, even if an S2 has 1 mile on it and the original plastic on the seats it will only command so much, low mileage is nice but to me, it really just means it didnt get used enough not that I should pay twice or more than the going rate, not saying this one as the history is known but its a 20 odd year old car, the mileage reading in the most part is going to be pure fiction.

Cant really say I have heard of any S2's changing hands for much more than five grand as a rule, obviously a mint low mileage one will be more, but even so, at say six grand, most people start thinking Turbo, it is a brave man with plenty of cash that puts ten plus grand into an S2, much as I like them I think we need to be realistic.

 

[944 man]

Youre making the mistake of valuing for sale.

 

[PAUL RUDDY]

My S2 has 64k miles, it is as per factory and as clean underneath as it is on top, you need a £15k agreed insurance valuation on your car. I know you are not looking to sell but had it been for sale when I was looking (and probably Martin) I would have paid into 5 figures for it.

Why does it always turns to a Turbo v S2 debate when someone raises prices, gets boring.

Paul

 

[DavidL]

Various OPCs have had mint cars in their showrooms for well over 10k. It doesn't matter which model it is - last one Swindon had was a lux I think.
If someone is strolling in to order their new 991 turbo and sees it then an extra 10k for old times sake may not make much difference.

I think the point about what it would cost to replace is very valid - how insurance co are on mods would be very debatable.

I suppose a mint turbo s would be worth a bit more than a mint S2 but if you want that sort of vehicle in that condition your choice is going to be very limited so you buy the best car whatever the model.

Personally I can't see the point of putting it in a museum and being afraid to use it. My cars don't do many miles as somehow there seems to be quite a lot of them but they are all used!

 

[J4CKO]

ORIGINAL: PAUL RUDDY

My S2 has 64k miles, it is as per factory and as clean underneath as it is on top, you need a £15k agreed insurance valuation on your car. I know you are not looking to sell but had it been for sale when I was looking (and probably Martin) I would have paid into 5 figures for it.

Why does it always turns to a Turbo v S2 debate when someone raises prices, gets boring.

Paul

It isnt a VS debate, the Turbo was more expensive new so it figures that there is a price difference down the line as the same rules apply as they did when new, ok some may prefer the S2 but the headline model is always, unfortunately the turbo.

It only takes one buyer with the cash that wants it I guess.

 

[Veerzigzag]

or Cup 1's if you must..

er, excuse me, but Cup 1 wheels on a 944 - voted the best combination of all time by no less a style guru than Mrs 924Nutter.....

 

[PAUL RUDDY]

ORIGINAL: J4CKO

ORIGINAL: PAUL RUDDY

My S2 has 64k miles, it is as per factory and as clean underneath as it is on top, you need a £15k agreed insurance valuation on your car. I know you are not looking to sell but had it been for sale when I was looking (and probably Martin) I would have paid into 5 figures for it.

Why does it always turns to a Turbo v S2 debate when someone raises prices, gets boring.

Paul

It isnt a VS debate, the Turbo was more expensive new so it figures that there is a price difference down the line as the same rules apply as they did when new, ok some may prefer the S2 but the headline model is always, unfortunately the turbo.

It only takes one buyer with the cash that wants it I guess.

Twenty years down the line the show room price does have some input but not a great deal, now the primary concern is shell condition, recent or full service history and to a minority it would appear the mileage.

However ,the OP really needs to ensure an adequate value on agreed value insurance, all 944's meeting the above criteria are commanding increasing prices.

Cheers, Paul

 

[pauljmcnulty]

What the most an enthusiast would pay for a car in this condition?

Assuming it's mechanically up to scratch, and you reverted to original spec, I'd say £12-£14K would be achievable. You really MUST have an agreed-value policy in place, as I'd bet book would be no more than a couple of grand if there was a claim. See the other insurance valuation thread for that!

 

[944 man]

What matters isnt what an enthusiast would pay, as the car isnt for sale - its what youd have to pay to replace it with a similarly little-used replacement and thats always a great deal more than people are suggesting here.

 

[Frenchy]

God forbid something should happen to it you will be cursing not getting agreed value, join the club and get a free valuation which if ever needed will pay for itself multiple times, mine are both on agreed value which are going to be raised as i would have a struggle replacing them for the agreed value "like for like" right now.

 

[944Turbo]

ORIGINAL: J4CKO

We can make up whatever figures we want, the completed listing figures on Ebay are the best indicator of actual prices?

Will the best cars really be on ebay though?

 

[Lowtimer]

Exactly. The cars on eBay are, frankly, forced sellers who need to dump something and get it gone. You use ebay because you know at the end of the process the car will be gone in a known timescale. A forced sale valuation is in no way a relevant valuation for agreed-value insurance purposes.

Mint, mechanically perfect cars are a tiny minority of those remaining. If such a car is written off and the owner has to replace it, he is now a forced buyer. That's the other end of the valuation scale. The valuation for insurance purposes therefore needs to be related to what it would cost to tempt one of the few owners of such a car to part with it, or to source one via one of the few genuinely reliable dealers in such things.

That's the whole purpose of agreed value classic insurance. If it were just to do with whatever any old 944 goes for on eBay we would simply stick with ordinary 'market value' car insurance.

 

[moosec]

I dont have the d90 wheels anymore, i actually don't like them so much even though they are original, but obviously there are varied views on what best! i currently have an agreed value of £9000 with my insurance company, so maybe i should look to up that as mechanically its upto date having had belts, rollers pump and chain tensioners done last year.

 

[robdimond]

I can almost guarantee you that the PCGB valuation will be higher than your current agreed value.

Send in some good photos and photocopies of the service book.

I do my own servicing so sent in a spreadsheet of all the work I had done, was accepted as 'excellent service history' which I was well chuffed with!

 

[MartinRS2K]

ORIGINAL: pauljmcnulty

What the most an enthusiast would pay for a car in this condition?

Assuming it's mechanically up to scratch, and you reverted to original spec, I'd say £12-£14K would be achievable. You really MUST have an agreed-value policy in place, as I'd bet book would be no more than a couple of grand if there was a claim. See the other insurance valuation thread for that!

Totally agree, if the the car is mechanically and body wise excellent then the above is a minimum.

It's not about the selling price it's about replacing your car if the worst was to happen []