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I had my car appraised.

 
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Neil924  



Joined: 18 Mar 2003
Posts: 4225
Location: Canada

PostPosted: Mon May 12, 2003 2:10 pm    Post subject: I had my car appraised. Reply with quote

Wow! It came back with $8,594 {Canadian}. {That's about $6,200 U.S.} It is worth more than I had guessed! Now I'm getting greedy, I want to take it to another appraiser and see if I can bring a higher number. I am so happy. Hint: Get chummy with you appraisal guys before taking in your car it may not have helped but I did grease the wheels! I feel like a millionaire!
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endwrench  



Joined: 07 Dec 2002
Posts: 1631
Location: Victor, Montana

PostPosted: Mon May 12, 2003 2:14 pm    Post subject: Reply with quote

What is the appraisel for? Did you wreck it? Sorry if I should know this from a previous thread.

Todd
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Neil924  



Joined: 18 Mar 2003
Posts: 4225
Location: Canada

PostPosted: Mon May 12, 2003 2:16 pm    Post subject: Reply with quote

No, don't say stuff like that! I had it appraised because it is kind of for sale {long story}. And I just wanted to know the value. Seriously bud don't say that kind of stuff.
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81turbo  



Joined: 03 Nov 2002
Posts: 1065
Location: Oakland, CA

PostPosted: Tue May 13, 2003 12:07 am    Post subject: Reply with quote

You must remember that some people cliam to have Beanie Babies that are worth $1K+. The problem is you have to find some sucker to pay you that much.
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Stu2j  



Joined: 03 Nov 2002
Posts: 1285
Location: Virginia Beach, VA

PostPosted: Tue May 13, 2003 12:27 am    Post subject: Reply with quote

I am going to run into this myself. Prior to the restoration work, my car was valued at zero for property tax purposes and only a few hundred for insurance purposes. Because of this, I dropped collision coverage on the car.

However, once the restoration work is completed, I may have the car appraised for insurance purposes to in order to restore the collision coverage and protect the investment I made in the car.

The insurance appraisal should give a better idea of the actual value of the car. Of course, I'm not selling it but in high density areas like here in Va Beach, a car in the condition of mine would already command a higher price than what you typically see on eBay and elsewhere.

(I have already been offered $2,500 more for the 924S than what I paid for it)
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924 owner since 1988
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924Kid  



Joined: 28 Dec 2002
Posts: 148
Location: 07424, New Jersey, USA

PostPosted: Tue May 13, 2003 8:21 am    Post subject: Reply with quote

The guy who pumped my gas the other day offered $5,000 for my car. So maybe you could get $6,200 or 6K. If I were selling my car, I guess I could live with 5K....I only spent I think $1,500 to buy it and maybe another $1,500 in it.

I think 924 owners are in the clear of depreciation, as alot of our cars turn 25 and officially become antique/classic/whatever, the value starts to just climb. Right?
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Joes924Racer  



Joined: 03 Nov 2002
Posts: 11964
Location: Oregon, Denver Colorado native!

PostPosted: Tue May 13, 2003 10:14 am    Post subject: Reply with quote

Its a 77 wide body gt is it not.
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1980 porsche Turbo 931GT Replica
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Neil924  



Joined: 18 Mar 2003
Posts: 4225
Location: Canada

PostPosted: Tue May 13, 2003 10:19 am    Post subject: Reply with quote

Joes924Racer wrote:
Its a 77 wide body gt is it not.

Mine? Yes. A 1977.5 with a GT body. Plus wheels, tires, nice paint, very nice interior, fine working order with 116,000 kms.
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bluejayfan  



Joined: 29 Apr 2003
Posts: 27
Location: The Northcoast of Ohio

PostPosted: Tue May 13, 2003 10:34 am    Post subject: Reply with quote

Well, more power to you It's about time our 924's start to appreciate in value. It's tough when you spend a couple G's to fix your car up and have literally doubled its cost. Right Joe? Good thing we're in it for the fun of driving a great little car!!!
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