Where did all the early 911's go?
 

I always look at the early 911's for sale on ebay just for kicks. There used to be 30+ for sale, now there is 4 (plus a 912 or two) ! Its been like this for a while. Two of the cars for sale are S's in the $70K-$90K range. I would guess that not many people would be buying right now, but I would think there would be more for sale. What gives?

My guess is the current selling environment has created a "hold them" market.


Also check the way your ebay is formatted. Ebay changed the way they have the cars listed. The first cars you see when sorted lowest years first are the featured cars. You have to go in a page or so to hit the regular listed cars.

Where did they go? Dunno, I have 2.....I think the nice ones are being cared for and taken care of.....The others will slowly disappear just like every other older car.......I remember when Chev/GMC trucks were a dime a dozen, one of every street corner. Overnight, they vanished and the price was 10K on up......

Ahhh...this may be what I am seeing.

Why would anyone sell right now? Hardly any buyers. Even fewer buyers that aren't lowballers, dreamers or that won't make the transaction a nightmare.

From the buyer's side, they expect to get the deal of a lifetime right now and won't take anything less. From a seller's side, why sell in such a market if you don't have to?

Mine is in Slovakia.

A lot of them went overseas when the dollar was weak and the world economy was still booming. It was a steady stream for the last few years and also the major driving force behind the major price appreciation of them. That's over, but a lot of the good ones (911Ss) are gone.

I think $70K + is dreaming right now for an early S.

There are some very good buys out there right now!
Ohhh, it's tempting!

yes there certainly are. But I think it will get better.

Mine's next door in the fatherland.

mine is in the garage sulking because one of the used struts i bought has a battered spindle.

it's pissed.

Here's mine . . . one day.

http://forums.pelicanparts.com/uploa...1240107853.jpg

You guys are depressing. I just got back from a ride!

are you still looking for struts? I've got a set of 3.5 Koni's.

You must have missed this $8500 early 911?

http://forums.pelicanparts.com/porsche-cars-sale/469750-1973-porsche-911-e-targa-8500-a.html

Weather broke and I spent the weekend in mine. My 10yo son didn't even mind the lack of radio for once as I displayed to him the roller coaster ability on local twisties.

As far as european market; the euro is still strong at 1.30E to 1.00USD. Granted, it is down from the 1.6 to 1.0 of last year but I would love a 30% discount!

I do not know about that. I know where there is a 1970S that was sold for $90,000+. Beach front is beach front!

I think we are seeing some reality returning to the early car market. For whatever reason, they became the "cool" thing to have (in Porsche circles) about ten years ago, and prices started to climb. Then the speculators, with no real interest in (or knowledge of) these cars noticed the prices inching up, and they jumped in with both feet. Then the whole thing started to snowball, becoming some self-fullfilling prophecy, and prices skyrocketed all out of proportion to what these cars really are. The feeding frenzy was on. Everyone who wanted one (for the most part, for all the wrong reasons) felt they better move "now", or miss out forever. Guys were selling their SC's, Carrera's, 964's, 993's, and 996's to get an early car. It was nuts.

Well, now those guys have lived with their early cars for awhile. Most are finding out they can't. Or won't. Many are starting to wonder what the hell they were thinking. The honeymoon is over. Now they are finding life with a cantankerous old bytch isn't everything it was cracked up to be. They miss their creature comforts. They miss the performance of their newer 911's. The guys who cannot turn their own wrenches are finding out that it is no fun (and very expensive) bringing their cars to someone who can for every little thing.

So, they are bailing. The "drivers" prices are plummeting as the market shrinks back down to the true enthusiast, the guys who actually like (and know how) to turn wrenches. The guys who really appreciate the old cars, rather than the poseurs who merely jumped on the bandwagon. Granted, the speculators are a bit behind the curve on this, and the pristine concours cars will probably always hold at least most of their inflated value. But the "drivers" are dropping back to reality. No more average T's and E's bumping off $30k (or more); no more average S's into the $40's (or more). And I sincerely hope that the guys who helped push them to those statospheric prices lose their collective asses on them, and the rest of us can just get back to enjoying them.

Skirt wearing nancys the lot of 'em:D

PM'd!

Jeff I agree with you on the speculators. 10 years ago they were just neat, older Porsches and then they got a cult following (example the 911S registry) and people got crazy over them.

I am in agreement with the market softening, but it is obvious that owners of older 911's like myself are just holding on to them and simply enjoying them. Why sell them unless your desparate or fed up! The longhoods will rebound as the economy turns and they may even enjoy a newer popularity comparable to the 356's. Its inevitable!

Please let me know when the find the next guy "bailing" out of his early 911. :D I am in the market for a second one (a SWB or LWB 911S coupe "driver").

Personally, I wish they'd crash in value by 50%. I'd buy two.

I "sold" mine for less than that...:D But I had ulterior motives...:D




http://forums.pelicanparts.com/uploa...1240254198.jpg

I think your coupe and my Targa would have made a nice pair!


http://forums.pelicanparts.com/uploa...1240256224.jpg

Indeed! :D

They're all under restoration.

http://forums.pelicanparts.com/uploa...1240277194.jpg

I remember back in '02 or '03 helping a buddy find a '73 RS. The dollar was still very strong against the euro and I was finding outstanding examples in Europe for ~$50k U.S. Great, rare colors, documented histories, etc... Not Pebble Beach concours but very, very nice drivers. And they were relatively plentiful for sale.

At some point I found him a Gulf Orange car in the U.S. that was a well-known car among collectors and r-gruppe, etc. The guy wanted around $100k for it and my friend said pass. That wound up being really cheap a year or two later. FWIW, the buyer could have bought 10 of them for that price but didn't like that sore 6-hole feeling. :cool:

http://forums.pelicanparts.com/uploa...1240316381.jpg

I believe they want $120,000 for this one...... today!

http://cgi.ebay.com/ebaymotors/1968-Porsche-911-Lightweight-911R-Racing-Concours-Track_W0QQitemZ150340302511QQcmdZViewItemQQptZUS_C ars_Trucks?hash=item150340302511&_trksid=p4506.c0. m245&_trkparms=65%3A-1%7C39%3A1%7C240%3A1318

A 911R light. Yeah they will get that kind of money.

Here she is at the NE Consours. They were VERY generous to allow mine in (sight unseen) but it was fun.


http://forums.pelicanparts.com/uploa...1240319076.jpg

very nice!

I don't think it is a 911T/R. The VIN noted on eBay is 11835422 which is a 911 coupe. I think the T/Rs of 1968 were made from a 911T (being the lighter body) with a 911S engine. And:

It looks to me to be a replica of a 1968 911T/R. There is no doubt that it is a beautifully restored car.

My replica:
http://i27.photobucket.com/albums/c1...braR/73RSt.jpg

Well nice or not, if it is not a REAL 911R it won't bring the money he wants from a discriminating buyer of collectible 911's. I just noticed it has a fender gas door too. Now that is NOT 911R stuff.
Your car is very nice, and I respect you for not trying to palm it off as a real RS.

Let me know if you guys need some more pictures....:p

I've got 2, and I'm keeping them both. 71 & 73. Probably both be 'barn finds' for someone else, in about 20 years, when I'm gone.....

Dave White had a real R that was being restored. It had been in a fire but was all there. I believe he told me he paid $20K for it as was.

Was it this one?

http://i27.photobucket.com/albums/c1...ctory911TR.jpg

http://i27.photobucket.com/albums/c1...tory911TRa.jpg

Nonetheless, many things increase or decrease the value of any car (including an early Porsche):

• Does it have the proper paperwork?
• Was it driven in anger by a famous race car driver (i.g., Peter Gregg)?
• How correct is the car?
• Is it the real deal or just a replica?

I previously posted a car with an asking price of $8500. The prices of a running cars go up from there.

I enjoy driving my car almost every weekend. It is not an investment but a passion.

My car does have a proper 1973 911S number on the engine case, and I continually try to exceed the rev boundaries:

http://i27.photobucket.com/albums/c1...raR/73RSe1.jpg

Some people worry about the preservation and show car awards, and some just drive 'em hard with little regard to the structural integrity of the body and engine.

No I do not think that is the car. It should have a gas filler neck and cap through the hood. That one also has metal front fenders. On a real R the front clip and the doors and deck were glass. The only steel was the rear fenders.

i think you guys are talking T/R vs. R.