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-   -   longhoods and rising value (http://forums.pelicanparts.com/off-topic-discussions/1134473-longhoods-rising-value.html)

monoflo 02-08-2023 11:28 AM

Fellas,
All depends how you come at the hobby-- to each his own.

for some its just the garage queen-some like driving em -some see em as investments.
If I am afraid to drive it probably I ain't keeping it.. If it appreciated while I own it thats good but not why I own it. Fun in its many forms is why I like cars,

I appreciate the different points of view

PWD said it --your car your decisions.

Macroni 02-08-2023 11:44 AM

http://forums.pelicanparts.com/uploa...1675888895.jpg

In my opinion, they are fun to drive with both love and a small amount of disregard.

tadd 02-08-2023 11:45 AM

Only reason I would sell it is to fund an aviation toy.

Macroni 02-08-2023 11:47 AM

http://forums.pelicanparts.com/uploa...1675889230.jpg

jamesnmlaw 02-08-2023 12:53 PM

http://forums.pelicanparts.com/uploa...1675893182.JPG

jamesnmlaw 02-08-2023 12:56 PM

http://forums.pelicanparts.com/uploa...1675893338.JPG

Superman 02-08-2023 04:02 PM

Quote:

Originally Posted by 70SATMan (Post 11917537)
Leave your baggage at the door mate.

Completely agree.

Quote:

Originally Posted by Shaun @ Tru6 (Post 11917562)
^^^ agreed, I increased the agreed value by $30K on my car a few months ago.

TWo days ago I got a $60K agreed value policy for my '78 SC. But, as other mentioned, I could not simply replace it for that money. To me, this car is perfect as it sits.

But your comment about theft sobered me up. That is too horrific to even imagine.

Superman 02-08-2023 04:09 PM

Quote:

Originally Posted by fintstone (Post 11917587)
....It seems that you cannot leave PARF...

I don't set policy for PP and Seahawk is the sheriff here not me. But I think I can say I am very tired of this....regular routine.

Quote:

Originally Posted by Shaun @ Tru6 (Post 11917651)
....Tadd's case is going from having fun when the car wasn't worth much to worrying about it because it's valuable now. ...

I suppose I am similarly situated. The $60K policy is on a car I bought for $8K. Then improved. ;)

Then again, Tadd's car is a longhood. Those values are indeed frightening.

Shaun @ Tru6 02-08-2023 04:15 PM

Impact bumper cars have value too.

Modified 1977 Porsche 911S Coupe 3.0L

Superman 02-08-2023 04:54 PM

Whoa! It has a K&N air filter!!!!

But seriously, if that think is worth a quarter million dollars then mine is worth well north of $60K. But having looked at actual sale values, SCs actually go for $50-60K. With certain exceptions.

sc_rufctr 02-08-2023 05:13 PM

Things may be nuts over there but...

Local car... Guards Red 1981 SC that's coming up for auction.

Original Australian delivered car.
Described as: Like new, The best in the country.

Estimated at AU$240,000 - AU$260,000!

https://auctions.shannons.com.au/auction/lot/lot-283---1981-porsche-911-sc-coupe/?lot=204&so=0&st=porsche&sto=0&au=11&ef=&et=&ic=Fa lse&sd=0&pp=48&pn=1&g=1

http://forums.pelicanparts.com/uploa...1675908427.jpg

"1973 Porsche 911T 2.4 'Targa' Coupe (Project)"

Project car requiring total rebuild
Two owners past 42 years
Authentic UK-delivered 911T Targa

Estimated at AU$60,000 - AU$80,000!

https://auctions.shannons.com.au/auction/lot/lot-207---1973-porsche-911t-24-targa-coupe-project/?lot=189&so=0&st=porsche&sto=0&au=11&ef=&et=&ic=Fa lse&sd=0&pp=48&pn=1&g=1

http://forums.pelicanparts.com/uploa...1675908657.jpg

fintstone 02-08-2023 06:02 PM

Quote:

Originally Posted by Superman (Post 11918068)
I don't set policy for PP and Seahawk is the sheriff here not me. But I think I can say I am very tired of this....regular routine....

I think they are too smart to fall for that old, worn-out routine. It has been used far too often here and is a bit too obvious (like this below):

<iframe width="560" height="315" src="https://www.youtube.com/embed/cTIuzGRkunQ" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>

wdfifteen 02-08-2023 07:54 PM

Quote:

Originally Posted by Shaun @ Tru6 (Post 11917557)
Is your joy tied to driving it or to its value?

Neither, and both, for me. My joy with my Speedster is that I raced it, autocrossed it for years, took it apart down to the last nut and bolt and restored it, I taught my son to drive in - he drove it to his Prom. The car is part of my life. It's part of my family's history. And after 40 years, through no fault of my own, it's also a significant part of my net worth. So driving it is rather fraught, and it's value isn't strictly monetary.

Quote:

Originally Posted by Shaun @ Tru6 (Post 11917557)
It's just a car.

No. It's not "just a car."

Jeff Higgins 02-08-2023 08:30 PM

There are as broad a variety of approaches to long hood ownership as there are folks who own them. For some, they are investments. For some, fun driving toys. And everything in-between. There is no "right" or "wrong" or even "indifferent". We all "pays our money and makes our choices". My choices are no better than yours, yours are no better than mine. I do not enjoy my car more than you, nor you more than me, based upon those choices. The one clear thing in all of this is that if you are not enjoying your chosen niche in this great hobby, it might be time to admit that to yourself and get out. No harm no foul, no judgement. They are, really, "just cars", no matter what anyone says. If they no longer bring enjoyment, for whatever reason, find something that does. The good thing, at least right now, is that they are valuable enough to be able to trade them for lots of other things that might bring back that enjoyment.

I've made my decision. I made it long ago. Mine isn't going anywhere, at any price. One of my kids will inherit it. For now, I'll keep driving it as much as possible. I've personally rolled the odometer over twice in just over 20 years of ownership. It sees a dozen track days every year, gets driven halfway across the country every year, and is driven with a combination of pure joy and reckless abandon. There is literally not a single piece of it that I have not held separately in my own two hands, some of them many, many times.

I have been deeply involved in R Gruppe for over 20 years, and have served as our Pac West region "Chaptermeister" for 18 of those years. A couple of years ago I stepped up a bit more, accepting the position of Vice President of the club. After many years in the motorcycle club scene, the car club scene, I truly found my home with my R Gruppe family. My car was the gateway into that family, long before anyone thought these cars were "worth" anything. In it, I am accompanied by like minded enthusiasts who continue to absolutely drive the schitt outa these cars, their "value" be damned. Their "value", to us, is purely that they are the means to the end, the vehicle through which we have found one another. That, to us, is a "value" we cannot measure.

In the words of one of our late, great members, we are just going to continue to "drive these pigs!!!" and enjoy them. Everyone else can enjoy them as they like as well. It's a big hobby, with lots of room for everyone to do what brings them the greatest enjoyment.


http://forums.pelicanparts.com/uploa...1675920310.jpg

http://forums.pelicanparts.com/uploa...1675920310.jpg

http://forums.pelicanparts.com/uploa...1675920310.jpg

McLovin 02-08-2023 10:55 PM

I used to be into low mile, all original (including paint) cars. Had some really mint 80s 911s in the 20k mile range, and a 5k mile Ferrari on 25 year old original tires, for example.
Truthfully, I never really fully enjoyed them. It might not make sense, but I felt responsible for preserving, say, a 6000 mile all original 30 year old “collector” car.
Because to me, if it’s damaged, no amount of money can bring it back to what it was.
For that reason, in my older years I’ve not bought a single original paint fun car. Or any really low mile ones. And I’ve driven them all. For fun, to the grocery or hardware store, etc. They’ve all been super nice, very clean cars. But just not all original.
My enjoyment of cars has been much higher after I broke the garage queen habit.

Macroni 02-09-2023 02:43 AM

They are more fun to drive HARD than to look at.....

Shaun @ Tru6 02-09-2023 03:26 AM

Quote:

Originally Posted by wdfifteen (Post 11918225)
Neither, and both, for me. My joy with my Speedster is that I raced it, autocrossed it for years, took it apart down to the last nut and bolt and restored it, I taught my son to drive in - he drove it to his Prom. The car is part of my life. It's part of my family's history. And after 40 years, through no fault of my own, it's also a significant part of my net worth. So driving it is rather fraught, and it's value isn't strictly monetary.



No. It's not "just a car."

Everyone's car and situation is unique. I've just done all of the cadmium plating and bumperette anodizing for the very first production Speedster from 1954, going to Amelia Island in 3 weeks. That's not just a car for obvious reasons. And your car is not just car for the reasons you lay out. But all the stories I read here about people's cars over the many years, the vast majority are just cars. Which IMHO should be used and not angstified (made up word) over, and since they are asking, that's my $.02.

astrochex 02-09-2023 03:57 AM

Quote:

Originally Posted by Shaun @ Tru6 (Post 11918306)
Everyone's car and situation is unique. I've just done all of the cadmium plating and bumperette anodizing for the very first production Speedster from 1954, going to Amelia Island in 3 weeks. That's not just a car for obvious reasons. And your car is not just car for the reasons you lay out. But all the stories I read here about people's cars over the many years, the vast majority are just cars. Which IMHO should be used and not angstified (made up word) over, and since they are asking, that's my $.02.

I will have to look for it. What color is it (since they don't seem to do the provenance placards anymore)?

Shaun @ Tru6 02-09-2023 04:11 AM

it is orange if you can believe it.

I'm going down to see it and take pics, and pick up a set of sport seats.

GH85Carrera 02-09-2023 05:53 AM

http://forums.pelicanparts.com/uploa...1675953359.JPG
This in in northern Utah, after driving all day in the rain.

http://forums.pelicanparts.com/uploa...1675953392.JPG
Returning from a long trip. Kills bugs fast!

I bought my car back in 1995, and it is worth over triple what I paid for it. From the front bumper to the rear bumper, I have touched, and put blood sweat and tears into the maintenance and upgrades to make it the perfect 911. Or certainly my vision of the perfect 911. I have driven it to Key West, northern Maine, Canada, Savannah, GA in August, and this year Palm Springs, CA. It will be the 4th visit to California in that car.

I will be really close to 190,000 miles when I return to Oklahoma. My car is to be driven. I will never own a garage queen. Just not my style. I don't understand NOT driving a car to save it for the next owner. It just does not compute in my brain. Porsches are meant to be driven.

Replacing it with a market value check would be near impossible. The full Griffith's system AC is what makes the car driveable and comfortable on 100+ degree days. The factory heater is astonishing and keep me warm in zero degree temps.

I have driven it multiple times for 12 hour days and 900+ mile trips. What other car on the planet from the 1980s can do that? When I stop anywhere I get compliments on the car. I have won a few car shows and a few on this forum have seen it in person and will tell you it is a nice car.

I refuse to stop driving it because it would be impossible to replace. I have not had an accident or a ticket since the 1970s. I plan to keep that streak alive.


http://forums.pelicanparts.com/uploa...1675954286.JPG


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