924Board.org

[Carrera RSR]

We keep seeing comments suggesting 924 values should be low on your side of the pond, where as in Europe we are seeing 924 values be pulled up by the wider classic car market place and by other Porsches etc.

So here are some recent examples of top condition/collector cars getting top money, potentially record breaking values

£20k, including auction fee 924 - https://auction.catawiki.com/kavels/7858733-porsche-924-signalgrun-1977

£15k 924 - http://www.silverstoneauctions.com/1981-porsche-924---10200kms

Circa £20k turbo - http://www.ebay.co.uk/itm/Porsche-924-2-0-Turbo-/301986103017?_trksid=p2047675.l2557&ssPageName=STRK%3AMEBIDX%3AIT&nma=true&si=AGLGc0yT7B2B9dXOfttoea9wn68%253D&orig_cvip=true&rt=nc .......

......which I think was a bargain when top condition 944 turbo S goes for £35k http://www.silverstoneauctions.com/1988-porsche-944-turbo-s-8431. Usual prices of 944 turbo circa £15-25k, so this one was exceptional

So if it is a beater, then its likely to be low end of the value spectrum. You simply cannot roll a turd in glitter and expect top dollar. But just shows you a top condition 924 can be highly valued and regarded in the market place. So its worth looking after your 924's
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1980 931 - forged pistons, Piper cam, K27/26 3257 6.10 hybrid turbo, 951 FMIC, custom intake, Mittelmotor dizzy & cam pulley, H&S exhaust, GAZ Gold, Fuch'ed, Quaife
Now www.924board.org/viewtopic.php?t=34690
Then www.924board.org/viewtopic.php?t=31252

[morghen]

924 world may change fairly soon.
_________________
Supercharger and EFI kits
https://www.the924.com

[pcelenta]

For a long time there has been a pretty big price difference between 924's in the states versus in Europe. It seems that recently it seems to be increasing. Take the most recent sale I am aware of of a CGT sold stateside at about 65k USD ...on the low end in Europe these are at 90k euro. Will the 924 and 924 turbo be the next 912 or 914 (two other relatively unloved until now Porsches ) I suppose we will have to wait and see. Certainly makes me feel a little better dumping tons of money into the restoration of chassis #99 turbo.
Paul

[Kenodog]

Sorry guys, not going to happen.

The 924 N/A cars were too numerous and let's be honest, shitty, to be of any real value. Ever. Most have been badly, badly neglected and are in need of tens of thousands of dollars and mechanical skill to get into what I would call reliable, daily driver status. This is indeed the reason why most are in such bunk condition to begin with, the cost of maintenance is big money.

Some small markets in Europe might an exception but that's like asking why a bottle of water in Zurich is 6 Euro when we give the stuff away here in Kanada for free. It's just a different market. (Ask my favorite Romanian why he had me ship a set of what I consider scrap bio-hazard seats from Vancouver to Aran..)

The 931's *may* rise a bit in value but unless it is a pristine example I still don't see the big money. And, to get a pristine example it will cost you $30,000-$50,000 plus months and months of labour so I really don't see how you will win if you sell.

Porsche themselves and the 911 crowd don't like us. There is no love or support and even if there was they would just want to charge us 911 prices for what are essentially crappy old VW parts. A sad reality but the sooner you come to terms with that the more at peace you will be with your choice of hobby and not constantly worry about what they are worth.

P.S. - This is all coming from someone that has been into these cars for over a decade, has bought and sold 15 or 20 so far and is onto completely rebuilding his second 931 from a stripped shell. I FULLY understand the time, money and effort it takes to make one of these cars 'Good' again.
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1979 Euro 931, Olive
1981 931, Sabine
1991 Ford Ranger XLT 4x4, Ricky
1996 Ford E-350 ex-FedEx Van
2014 Mazda CX-5 (Kinderwagon)
2019 KTM 790 Adventure
2024 KLX300
2024 KLX140

[Cedric]

The 931s are already gone..

Look at mobile.de, prices start at ca 7000eur up to 30keur for the top cars. Stuff is happening even here in Sweden which always reacts slow to European price changes.

There was a really good 931 up for 10k eur here in sweden, was sold same day. A couple of years ago you could get a mint one for 3-4k eur (if you could find one)

For me who likes modifying cars it's worrying, it really makes you think twice about changing stuff..

Compared to many other cars that are worth a lot of money, the 924 is a really good car.but i like them to not get to expensive
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1980 924 Turbo
www.instagram.com/garagecedric/

[morghen]

The 924 NA were numerous....now not so numerous...i think there are much more 944s still on the streets that there are 924s.

912 and 914 are really shit if you put things into perspective and so are the early 911s...many of them and quite shit even compared to the 924 well maybe except engine sound...the 924 NA is so much more than the 912 or the 914...so the fact that the 924 uses some vw parts matters to nobody as isnt actually a drawback...perhaps it just matters to the owners that enjoy a cheaper maintainance...as the parts themselves are good quality and the cars are good reliable cars.
Classic cars are not valued on the sum of their parts.

Its not that Porsche dont like is, its just they dont care...as most of the current 924 owners are poor people(compared to the 911 crowd) who got the cars for 500 and cant spend for oem parts...couldnt have afforted the 924 in any time, not 5 years before not now...just enjoying on a decaying car until they part it or sell it.
911 crowd dont like us because we spend much less than them and still enjoy the brand and a great drive.

What do you consider as big money? i have no such dreams that the 924 NA will be 50k or such nonsense...but i think that in just a couple more years a running decent 924 NA will sell for 5-7k to 10k for better cars and 15-20k for low mileage ones.
Special edition ones already sell for that money or more.
_________________
Supercharger and EFI kits
https://www.the924.com

[Johann]

I just had my 931 valued for insurance purposes. The way we do that here in the Netherlands is that the valuator looks at what it will cost to replace your car with an equal car should it be stolen or written of. The value given to my car is €16500.

This is a lot of money for a 924 and unimaginable even a year ago. My car has no history prior to me purchasing it and bringing it back to life 6 months ago and the paint is not all that great yet. So imagine what a similar car with history and perfect paint would be worth!

In the Netherlands there are only 500 924's (NA, Turbo and S) left making them very rare. To put this into perspective, there are almost 10000 911's registered in the Netherlands.

On our local Dutch forum at least 7 guys have purchased 924's as a second, third, fourth, ect. Porsche over the past year. The 924 is finally becomming cool.

The thing is though I would not be happy owning only my 931. It is my complimentary Porsche, my 964 will always be my baby. The 931 is great and a lot of fun, but if I had to choose I will always choose my 964. And that is why 924 prices wil never go stratospheric like the 911's.

[Khal]

[Strictly Attitude]

I feel if you look at the production numbers and the fact most hit the crusher or are parted then crushed I see there value going up plus they are hitting that age. The cost to maintain these cars is over priced in my eyes but I will get mine to good daily driver status and hold on to it. If I wanna go fast I have 550hp chevelle but these are fun to kick around town in

[Power Tryp]

Here's the deal rarity is just a term and I meaningless one at that. If rare was the metric people based value on then my 931 should be worth double what an equal condition 951 is because they made over double the number of 951s than they did 931.

Sadly the truth is it's all about desirability and the less aggressive, slower car is surprise, surprise not as desirable.

However, overall the price will climb but I doubt to astronomical levels. These cars, especially the most stripped down base early models epitomize fun low power motoring. On top of that they do wear the Porsche badge and will be elevated by similar car such as the 240z and the RX7 which is seeing a rise in value thanks to Toyota releasing a modern spiritual successor in the 86.


Me personally? I appreciate affordable spare parts in the form of full vehicles being sold for a pittance. On the other hand though, a lot of a vehicles social perception is hung right on the dollar sign. Let keep these cheap.
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Melanie - 1980 931
NoName - 1980 931 (seeking rebuild)

Green tartan interior, you don't see that on a Civic.

[Kenodog]

[Carrera RSR]

A $500 beater will always be a $500beater. Checkout my last paragraph in my original post regarding rolling a turd in glitter.

I was highlighting the values of potentially the best cars in the recent market place. A historically well looked after 924 does not have a $2000 ceiling anymore. There are some buyers/collectors who are willing to pay a premium price for a great 924, 931, CGT etc.

So look after your 924. Invest in maintenance and originality. If you do, you may be rewarded. Don't just bodge and make do when fixing a good car.
_________________
1980 931 - forged pistons, Piper cam, K27/26 3257 6.10 hybrid turbo, 951 FMIC, custom intake, Mittelmotor dizzy & cam pulley, H&S exhaust, GAZ Gold, Fuch'ed, Quaife
Now www.924board.org/viewtopic.php?t=34690
Then www.924board.org/viewtopic.php?t=31252

[Cedric]

performance, how good it is to drive, how durable it is etc is often not related to price so much. A 924 is a superior car in any way to a ford escort mk1 for example, probably much faster than a rs2000 which sells for 45k £. But one is a cult car (due to many reasons), especially in the uk. People tend to focus to much on the car here, but its mostly factors that surrounds it that sets future value. If the 924 had been under a different brand for example things could have been very different...
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1980 924 Turbo
www.instagram.com/garagecedric/

[morghen]

The 931 is more aggressive than the 951. Its not faster but its much more fun to drive and after may years of looking at them i say the 931 is just as cool looking as the 951, totally different style but just as cool...with a bit more oldschool

If somebody paid 40k on a 931 in europe that does not mean thats the new price...thats right, but that means that every guy selling a 931 from now on can ask more because one that is say 80-90% identical to his sold for 40k...certainly there comes a time when you consider what you get for what you pay...and if the reference stops being the bottom priced cars and starts being the top valued ones than my thinking is that if 40k is a collectible 931 and my 931 is used but still in good condition its certainly worth half that because it still brings the coolness, the driving experience, the looks and everything these cars offer and soooo many other cars dont.
_________________
Supercharger and EFI kits
https://www.the924.com

[Strictly Attitude]

Plus you really need get into the levels of a car a nice driver is different from a collector level car. These cars are nice drivers and that is what I love I am not a fan of any sort of trailer queens (except a dedicated race car). But is there a market for them yes do I feel we will see a rise in prices yes huge jumps not for a long while. When finding them becomes harder that's when you will see it more. Again the big issue here is that most cars have reached a point that unless you are able to work on the car yourself it is cheaper to find a different one then have it repaired. The low hp motors backed by little aftermarket does not help the cause at all. Reality is there are better options for a fast car c4 corvette great example not that expensive right now and 80's cars in general are not very popular or collectable. The 70's cars are seeing a rise but the car market in general is still way down from where it was. To me not worth making fast but it is a fun driver car for what it is. Here is my point no one wants a car that will cost more to fix then it is worth in the end. So there is an abundance of these just over scrap value cars to be found because of this.