- Stuttgart Market Letter
- Posts
- $26,000 Loss In 7 Years. In This Market, How?
$26,000 Loss In 7 Years. In This Market, How?
With the average sale price of 944 Turbo Cup cars hovering around $75,000 and quite a few cars selling for over $100,000, why on earth did this race-ready 1987 example sell for only $34,000?
Regarding 944 Turbo Cup cars, history, livery, and originality play a significant role in the price. Have a vehicle with multiple podiums in North America, the famous Reebok livery, matching numbers, and correct phone dial wheels? You’ll see all the money.
But if you have a car that was raced in the South African Turbo Cup series, no livery, non-original engine and transmission along with missing phone dial wheels like our Spotlight 944 Cup Car, you see a price of $34k.
The seller is said to have paid $60,000 for the car in 2015. Not many people who purchased Porsches in 2015 and sold them in 2022 took a loss. Well bought by the winning bidder.
The post $26,000 Loss In 7 Years. In This Market, How? appeared first on The Stuttgart Market Letter.