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beezo
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Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 1:21 pm    Post subject: 96 C4 Coupe 6500 Miles, 97 C4 Cab 57k - What are they worth? Reply with quote

Hi Guys,

I recently purchased a 993 C4 Coupe from a local dealer.
The car is a one owner car from new and has covered 6500 miles, I have old MOT’s and service history, all the keys, manuals etc...
Unfortunately the car was at Porsche Centre Bolton at the time they had an arson attack and the car sustained smoke damage to the exterior. The whole collection of cars were claimed against regardless of the damage under the garages insurance. Therefore this car in now a Cat N on the hpi register. The car was washed and polished and returned to its former glory! It’s in amazing original condition throughout. The plate that was on the car has now been removed and is up for sale for £145k!!
What do you think the car is worth?

I believe the insurance paid out well over £100k.

I also have a 993 Cab C4 on a 1996... it’s only covered 57k. I’m torn as one will need to go. I have had the Cabriolet for 10 years and it’s quite sentimental. This is also a Cat D. It was caught in a flash flood and the water damaged the Bosch ECU’s under the seats. They were replaced at the time and the car has been used and cherished ever since! It has a full service pack and all MOTs, lots of receipts etc... in stunning condition!

I would love to keep both... where would you advise on advertising if I decide to sell?

Thanks in advance
Steve
 
  
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HSC911
Zolder


Joined: 23 Jul 2014
Posts: 5725
Location: Bedford


PostPosted: Sun Sep 23, 2018 2:21 pm    Post subject: Reply with quote

Pop Corn
 
  
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tyinsky
Nürburgring


Joined: 29 Jun 2012
Posts: 497
Location: London, UK

1997 Porsche 993 Carrera 2S

PostPosted: Sun Sep 23, 2018 3:02 pm    Post subject: Reply with quote

Proof that a 993, unlike a witch, can’t be burned or drowned. Sell them and be cursed.
 
  
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beezo
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Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 3:15 pm    Post subject: Reply with quote

Haha very true,,, and I hope not...
 
  
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beezo
Newbie


Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 3:19 pm    Post subject: Reply with quote

Here’s the little beauty....
 



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beezo
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Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 3:20 pm    Post subject: Reply with quote

The rear end too... Smile
 



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beezo
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Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 3:26 pm    Post subject: Reply with quote

My Lovely Cabby and the C4S which I have recently sold :-(
 



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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 12597
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Sun Sep 23, 2018 3:39 pm    Post subject: Reply with quote

Was that blue car George Eatons per chance Question

Reading the opening post I'm not sure if you're taking the piss or were the owner of said car and in which case the insurance will have paid out your dough to an agreed value Question
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T8
General
General


Joined: 29 Jun 2010
Posts: 14707
Location: Kent


PostPosted: Sun Sep 23, 2018 3:45 pm    Post subject: Reply with quote

Zingari wrote:
Was that blue car George Eatons per chance Question

Reading the opening post I'm not sure if you're taking the piss or were the owner of said car and in which case the insurance will have paid out your dough to an agreed value Question


Confused I'm reading it that the OP has bought the car since the insurance payout and is now looking to sell it.

If that is the case then surely it's worth about the same retail as it was when he bought it and therefore 'retail less c10%' as a private sale. Dont know
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beezo
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Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 3:48 pm    Post subject: Reply with quote

Hi. No the car did not belong to George.

Hmm well the car is certainly special... one owner and showroom inside and out. Where do you find a car like that with only 6500 genuine miles? Question

I’ve been around the 993 scene a long time and looking at some of the cars about with 150k miles on, 6-10 owners and commanding £40k, I think it’s quite realistic... thoughts??
 
  
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 12597
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Sun Sep 23, 2018 4:14 pm    Post subject: Reply with quote

beezo wrote:

Hmm well the car is certainly special... one owner and showroom inside and out. Where do you find a car like that with only 6500 genuine miles? Question

I’ve been around the 993 scene a long time and looking at some of the cars about with 150k miles on, 6-10 owners and commanding £40k, I think it’s quite realistic... thoughts??


It WAS special but now it's got a Cat N (old Cat D) status which ordinarily knocks a third off the value of a straight one. Problem is collectors won't buy it for top money because of the 'history' which sadly impacts despite how the car now looks.

How much dough was required to get it back to its former glory?

I'm throwing a figure out at c£60k-£80k given it's not gold hardbacks, grey interior on blue is not popular and not sure on wheels (hollowspokes?). It'd look better if it lost that rear spoiler, but then again some might like it but collectors would run a Colini stick over it and have everything factory original what
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Alfa Romeo’s 4C is everything a Italian sports-car should be: it’s gorgeous to the point of pornography, distinctive enough that nobody will ever mistake it for a Porsche, handles like it’s on rails and steers like a kart.
 
  
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beezo
Newbie


Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 4:23 pm    Post subject: Reply with quote

Thanks for the reply...

Yes I appreciate that Cat D/N typically knocks 20% off.

In terms of cost to return it to its former glory, not a lot for a wash and full detail..

I spoke with Bolton Porsche Centre and I believe the aero kit and wheels are standard. The tyres are the original Pirelli’s and are like new. I like the kit as it makes it a bit different than the standard ones you see about. It certainly attracts attention.
 
  
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nickpan
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Joined: 30 May 2016
Posts: 43



PostPosted: Sun Sep 23, 2018 4:26 pm    Post subject: Reply with quote

I’d sell it via Hexagon with that mileage if they’re not bothered about the story.
 
  
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 12597
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Sun Sep 23, 2018 4:45 pm    Post subject: Reply with quote

nickpan wrote:
I’d sell it via Hexagon with that mileage if they’re not bothered about the story.


They'll be bothered about the Cat N. Plus if it's got original tyres from 1996 it doesn't say much about the service history. Has it had a service EVERY year regardless of mileage? That is what purists want Rolling Eyes

20% is glass half full with rose tinted specs. For these cars is closer to 33% for Cat status
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beezo
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Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 4:48 pm    Post subject: Reply with quote

Thanks for the advice guys. Much appreciated Thumb
 
  
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beezo
Newbie


Joined: 24 Apr 2010
Posts: 15
Location: Nantwich


PostPosted: Sun Sep 23, 2018 9:37 pm    Post subject: Reply with quote

Hi Zingari,

I’m just looking through the history, the car covered just over 6k miles in the first 8 years with stamps and MOT’s to back this up. Then it looks to have done 30 miles each year to the MOT station and back. There is one stamp in 2012 and another in 2017. So based on this are you suggesting that the car being in a collection and not driven should be serviced every year regardless? Even if it hasn’t moved during the year?

I get the Porsche recommendation of you should have your car serviced every 12k or yearly, but being an engineer with a mechanical background this would seem a little over the top for a car that does 30 miles per year!
I would understand it if the car is being used on a regular basis, but most collectors that I see at many of the classic car shows around the U.K. trailer their cars to the MOT station and back and to and from the shows.
I also see classic cars at auctions that have not been to an MOT station or near a garage in years as they have been mothballed in a collection, these have been seen to fetch 6 figures.

Hopefully if I do decide to sell the car it won’t be to a complete purist who can’t see what’s in front of him. The car speaks for itself and will be priced realistically with the history in mind.

Thanks again for your view, it has certainly made me think and also think about what a special car I have. Regardless of its history it’s a belter of a 993 and now my pride and joy which should be at the NEC in November with any luck.

Cheers
 
  
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wozy
Österreich


Joined: 06 Feb 2013
Posts: 880
Location: Worcestershire


PostPosted: Mon Sep 24, 2018 4:27 am    Post subject: Reply with quote

They are a funny old breed 993 buyers. You miss a stamp at service time and suddenly 50% of your potential buyers run for the hills. Not another air cooled 911 suffers this to the same extent imo.

I can’t really see who’d want to buy it and so what would it’s worth be.
I can’t see a collector buying it because at the end of the day it’s on the register, whatever the mileage condition or low ownership is.

Would it be worth £60-80K? Personally, whatever the condition and history and mileage it would still have the stigma unfortunately of being a CAT car to me so I wouldn’t be interested in it if indeed I was in the market and had the money.

Difficult one.
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Porsche Cars of Great Britain launched the 993 in the UK in early December 1993 registering 12 x UK cars on the 6th & 7th of that month; mine is one of them.

993 C2. MBM. C4 mounts, RSRs, RS Short shifter. RS steering wheel. FSDs & M033s
Previous 2.7S, 3.2, 964 and 968CS
 
  
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tim993
Zolder


Joined: 22 Aug 2006
Posts: 5168
Location: Hampshire

2016 Porsche Boxster 981

PostPosted: Mon Sep 24, 2018 1:13 pm    Post subject: Reply with quote

I think you are the only one in this group who knows what it is worth, as you bought it quite recently, so have an actual price point to go by. But apologies if I got the wrong end of the stick!

Personally I think this would be a lovely car to just use and enjoy. thumbsup
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1995 993 turbo
 
  
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squelch
Nürburgring


Joined: 05 Jun 2016
Posts: 375
Location: Bucks


PostPosted: Mon Sep 24, 2018 2:18 pm    Post subject: Re: 96 C4 Coupe 6500 Miles, 97 C4 Cab 57k - What are they wo Reply with quote

beezo wrote:
The whole collection of cars were claimed against regardless of the damage under the garages insurance.

I don't believe that for a second - the insurance company would have sent assessors to quantify and qualify the claim. Sounds like someone's confusing their home contents "new for old" policy with a prestige car dealership scheme. It's hardly "spilled bleach on the carpet" or "the dog knocked over our OLED TV"...
beezo wrote:
In terms of cost to return it to its former glory, not a lot for a wash and full detail..

Insurance companies don't just pay out and issue Cat markers for a car that just needs a "wash and full detail".
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cableguy
Kyalami


Joined: 10 Sep 2007
Posts: 1774
Location: North Yorkshire


PostPosted: Mon Sep 24, 2018 2:45 pm    Post subject: Reply with quote

An equivalent car with an insurance Category mark is generally worth around 30% less than it's market value, however finding a buyer becomes a whole lot harder as the audience is very small.

Here's a thread from a couple of years ago with regard to selling/buying an insurance marked 993 that was for sale: http://911uk.com/viewtopic.php?t=110738&postdays=0&postorder=asc&start=0

The sellers (Outlander) thread: http://911uk.com/viewtopic.php?t=111469&start=0&postdays=0&postorder=asc&highlight=outlander

C.
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