This story is from Brent. Always cool to see pricing and how things stack up when you go to sell:
I bought my first Porsche in 1987 (a red 1983 914 with black leather interior) ….. found out it had been “chopped” and rebuilt. As expected, it became more of a liability than a joy, and I sold it for at a $2,000 loss in 1989.
Second purchase was a 1987 928S, black on black …… mean, lean and not too far in between! ….. it basically roared, but had a ton of mechanical issues. I paid $8,000 for it, put another $8,000 into it, drove it for a year, and sold it for $12,500.
Then finally, in 1999 I bought a convertible 968 (black on black) with low miles (23,000). Paid $25,000 for it through a Florida dealer on an internet ad, drove it for a year (ran great but very slow), and eventually sold it for $28,000.
Love the feel of them ….. would consider buying another convertible (possibly a Boxter-S or 911 Cabriolet).
Brent
Portland, OR
Nice deals. Get to drive a Porsche for a year or two for not too big of an investment. If you buy a Porsche ‘right’ you can usually do pretty well on resale. A relative of mine bought one right and drove it for many years and didn’t lose any money.
The 968 Cabriolet is the one of Porsche’s best kept secrets – even a 15+ year old car that runs and looks great can be had for a reasonable price.
Hey, I love the city of Portland! I also like Porsches. I also like pizza. Ever added tuna fish and cream of mushroom soup to a couple of packages of macaroni and cheese? It’s really tasty!!
Thanks,
James
Heres to Porsches keeping its resale value
This is my dream car, and I live in Portland Oregon so not too far to go pick it up…..Hmmm going to Salem to pick up a winning, not the lottery but just as good…..
ah, something i am not able to say yet…
“i bought my first porsche….”
good luck on your next purchase.be sure and have it checked out first.
I have always wanted to drive a 944 or 968 convertible. they have a beautiful look.
944/968 are still headturners and reasonable.good luck on your next buy!
not much different than my story, only i havent sold mine. i paid 1500 for my 944 and have put 1500 into it so far. but i still have another 5000 worth of work to do
Actually, When you have the passion for the car you got, You never really lose any money on them. Its just experience tuition