Tuesday, September 27, 2011

How much is a 1980 Porsche 924 worth?

I recently found a 1980 Porsche 924 for sale and it has low miles and is great condition. It has a cheap price, but it needs new seats and a fuel injector, and I am planning on repainting it if I do buy it. So basically, what is a mint condition 1980 Porsche 924, with around 50k miles, worth?|||Value is from 拢1500 - 拢3000. But as it needs new seats etc I would bid 拢1500|||You have to start by asking "How much is this car worth?" particularly if you think you've got a collectible. The NADA and other. "books," if they cover the car, will be way off.





Cars are "collectible" only if: they're a sought-after make, model, and year; they're in near perfect condition; and they have low to ultra-low miles on their odometers. This car is not a collectible. So, look at the book prices if they exist, honestly evaluating the condition of the car.





Then go look at advertisements in your region. The prices for automobiles can vary significantly by region. Examples: all-wheel drive cars, generally, are worth more in snow country and less in the desert; convertibles are worth less in snow country.





All that said, if the car has reasonable to low miles (this one does), looks great, and (VERY important) you have full documentation of its entire maintenance history (Would you have that?), careful advertising can bring in considerably above any High Book value. I know, I've sold several cars well above High Book.|||Next time, search Yahoo for how much things are worth, and you'll find a common answer.





How much something is worth, is based on supply and demand.





There IS NO SET VALUE. Repeat that a few times.





Let's say you look it up in KBB, or Nada, etc. And it says it's "valued" at $5000.





So, you list it at $5,000. Months go by, no one buys it.





Finally, you lower the price to $3,000.





It's bought the next day. So what is it worth? $3k. Because that's what it actually sold for.





So....asking what something is worth, is totally pointless. We can't tell you how much your buyers will think it's worth. You have to find that out.





So...all that said. If you want it, pay the price they're asking.





If you don't like their price, move on and find another.|||http://www.classiccarsforsale.co.uk/clas鈥?/a>|||try kellybluebook.com your best resource for this.|||join my yahoo group for all your answers to 944 questions http://autos.groups.yahoo.com/group/Pors鈥?/a>

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