CR for sale at Porsche Dealer, is this price serious????
07-09-2018, 03:09 PM
#21
That’s a true most of the time but for the person who wants a car boosted then it does add value. Look at obsessed garage, you people Throw your opinions around like certainty.
www.grandmighty.com sold his LS-FD for like 70 grand .
www.grandmighty.com sold his LS-FD for like 70 grand .
Last edited by Nfinitecc; 07-09-2018 at 03:12 PM.
07-13-2018, 01:58 PM
#22
Sponsor
The owner traded that yellow CR plus a NSX for a GT3 to the dealership from what we understand.
Market will speak to the price but the more it sells for the better for s2000 owners
Market will speak to the price but the more it sells for the better for s2000 owners
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07-16-2018, 12:59 PM
#24
Site Moderator
That link is for a regular S2000, not CR.
https://www.porschebeachwood.com/det...-17865888.html
https://www.porschebeachwood.com/det...-17865888.html
07-16-2018, 08:28 PM
#27
The thing is, at some point you also have to subtract the cost of the mods from the profit made.
Here is the best apples to apples example that I could come up with involving the sale of a stock v.s. modified S2K: A couple of 2003 models were auctioned off on Bring a Trailer earlier this year. They appeared on the site the very same week and the respective auctions completed within one day of each other. Both cars were single owner cars and appeared to be in excellent condition. Both were finished in Suzuka Blue.
The first S2000 was stock with 20K miles.
The second S2000 was modified/boosted with 45K miles.
It would have been even more of an apples to apples comparison if both models would have been closer in mileage, but still I would consider either of these to be low mileage cars. Yet the modified car only sold for $18, 638 while the stock example sold for $24,750. Add the cost of the mods (over $10K) to the difference in final bid amounts and that makes for an even bigger spread in favor of the unmolested car. I'm not surprised that the original car sold for more than the modified car, but I was surprised by just how much more it brought in return. The modified car sold about for about what I would expect, but the stock car sold for more than I would have predicted.
Here's another example over on BaT that sold recently for very little compared to how much the guy put into it. He didn't even make enough money in the sale to cover the cost of the mods, essentially giving his S2000 away for free at the price it sold for.
My question would be this: Do modified cars set up for track use hold more value for guys focusing on buying one of these cars purely for track use, or is it more that unmodified cars do not hold as much value to that particular group? Or maybe some combination of the two?
Here is the best apples to apples example that I could come up with involving the sale of a stock v.s. modified S2K: A couple of 2003 models were auctioned off on Bring a Trailer earlier this year. They appeared on the site the very same week and the respective auctions completed within one day of each other. Both cars were single owner cars and appeared to be in excellent condition. Both were finished in Suzuka Blue.
The first S2000 was stock with 20K miles.
The second S2000 was modified/boosted with 45K miles.
It would have been even more of an apples to apples comparison if both models would have been closer in mileage, but still I would consider either of these to be low mileage cars. Yet the modified car only sold for $18, 638 while the stock example sold for $24,750. Add the cost of the mods (over $10K) to the difference in final bid amounts and that makes for an even bigger spread in favor of the unmolested car. I'm not surprised that the original car sold for more than the modified car, but I was surprised by just how much more it brought in return. The modified car sold about for about what I would expect, but the stock car sold for more than I would have predicted.
Here's another example over on BaT that sold recently for very little compared to how much the guy put into it. He didn't even make enough money in the sale to cover the cost of the mods, essentially giving his S2000 away for free at the price it sold for.
My question would be this: Do modified cars set up for track use hold more value for guys focusing on buying one of these cars purely for track use, or is it more that unmodified cars do not hold as much value to that particular group? Or maybe some combination of the two?
07-17-2018, 02:34 AM
#28
The thing is, at some point you also have to subtract the cost of the mods from the profit made.
Here is the best apples to apples example that I could come up with involving the sale of a stock v.s. modified S2K: A couple of 2003 models were auctioned off on Bring a Trailer earlier this year. They appeared on the site the very same week and the respective auctions completed within one day of each other. Both cars were single owner cars and appeared to be in excellent condition. Both were finished in Suzuka Blue.
The first S2000 was stock with 20K miles.
The second S2000 was modified/boosted with 45K miles.
It would have been even more of an apples to apples comparison if both models would have been closer in mileage, but still I would consider either of these to be low mileage cars. Yet the modified car only sold for $18, 638 while the stock example sold for $24,750. Add the cost of the mods (over $10K) to the difference in final bid amounts and that makes for an even bigger spread in favor of the unmolested car. I'm not surprised that the original car sold for more than the modified car, but I was surprised by just how much more it brought in return. The modified car sold about for about what I would expect, but the stock car sold for more than I would have predicted.
Here's another example over on BaT that sold recently for very little compared to how much the guy put into it. He didn't even make enough money in the sale to cover the cost of the mods, essentially giving his S2000 away for free at the price it sold for.
My question would be this: Do modified cars set up for track use hold more value for guys focusing on buying one of these cars purely for track use, or is it more that unmodified cars do not hold as much value to that particular group? Or maybe some combination of the two?
Here is the best apples to apples example that I could come up with involving the sale of a stock v.s. modified S2K: A couple of 2003 models were auctioned off on Bring a Trailer earlier this year. They appeared on the site the very same week and the respective auctions completed within one day of each other. Both cars were single owner cars and appeared to be in excellent condition. Both were finished in Suzuka Blue.
The first S2000 was stock with 20K miles.
The second S2000 was modified/boosted with 45K miles.
It would have been even more of an apples to apples comparison if both models would have been closer in mileage, but still I would consider either of these to be low mileage cars. Yet the modified car only sold for $18, 638 while the stock example sold for $24,750. Add the cost of the mods (over $10K) to the difference in final bid amounts and that makes for an even bigger spread in favor of the unmolested car. I'm not surprised that the original car sold for more than the modified car, but I was surprised by just how much more it brought in return. The modified car sold about for about what I would expect, but the stock car sold for more than I would have predicted.
Here's another example over on BaT that sold recently for very little compared to how much the guy put into it. He didn't even make enough money in the sale to cover the cost of the mods, essentially giving his S2000 away for free at the price it sold for.
My question would be this: Do modified cars set up for track use hold more value for guys focusing on buying one of these cars purely for track use, or is it more that unmodified cars do not hold as much value to that particular group? Or maybe some combination of the two?
07-17-2018, 08:30 AM
#29
07-17-2018, 09:26 AM
#30
To an educated buyer there "molested" cars then there are tastefully modified cars.
There are buyers out there who want a "classic tuner" car like an NSX, S2000, Supra etc, but don't want to go through the hassle of modifying themselves and are looking for low mile, super clean examples - not your 150k mile college student driven beat to crap turbo's S2k with worn out body kits etc. Big difference between the two.
There are buyers out there who want a "classic tuner" car like an NSX, S2000, Supra etc, but don't want to go through the hassle of modifying themselves and are looking for low mile, super clean examples - not your 150k mile college student driven beat to crap turbo's S2k with worn out body kits etc. Big difference between the two.