Porsche mate Justin was visiting London from Sydney last week. On Friday, Justin caught the train up to Banbury and we scampered around some local Porsche hot spots, to catch up on the news here and there.
First visit of the morning was to Autofarm, where a flock of oversexed 911s had descended on the car park. In amongst them was this B-reg 930 in Black with red leather: a proper 1980s throwback.
I’ve done a few Porsche 930 insurance valuations so far this month and there’s no doubt retail asking prices have risen sharply through 2013. What’s not risen is the average condition of the cars on sale. A Porsche specialist friend went to inspect a 911 Turbo for sale at the heady price of £60k last week and rang me after leaving to describe the “painted wreck”.
Values for good impact bumper 911s are coming on strong. When you can spot a good one from the dross that will always be available, it’s important to do a quick deal and snap it up before you miss it. He who hesitates is definitely lost in the current air-cooled market, but equally he who jumps too soon can soon be broke.
I didn’t spend a huge amount of time looking at this 911 Turbo, but it seemed smart enough. Prospective buyers could easily stick the Porsche on a ramp and have a poke about. A little bit of top end noise and tiny wisp of smoke from cold start could be something or nothing, but the asking price of under £30k gives leeway for some work versus current asking prices elsewhere.