When will the 911 bubble pop???

[A horse with no name]

Originally Posted by LeeH

This is a different '72 911 than the one referenced in my signature. The tangerine car in the pic had the original 2.4L with mechanical fuel injection.

Hmmmm? -

Quote:

'Lee'
'72 911 3.0L - SOLD Now a resident of the UK

[LeeH]

Originally Posted by A horse with no name

Hmmmm? -

Quote:

'Lee'
'72 911 3.0L - SOLD Now a resident of the UK

Yep... the car in my signature was the last 911 (out of 7) that I owned... a red '72 with a 1982 3.0L engine. Prior to that, I owned the tangerine '72 with a 2.4L MFI engine as seen in the pic.

[Rinty]

Originally Posted by Rick Lee

Time to get the 993 ready for sale.

I put mine on the market in August and it sold in 2 days. I was a bit apprehensive about having to sell a special interest car, but the deal turned out to be easy, and the car has gone to a good home.

I do think buyers have to move very quickly in this market.

It will be interesting to see whether the current market corrections have an impact on consumer buying.

[Rick Lee]

I've blown off some minor repairs on my car because I always figured I'd never sell it. So I don't care that the driver's seat won't move due to a bad drive cable. No one else drives it. I haven't bothered to replace the passenger seat adj. switch because it's all the way back and Mrs. Lee says it's comfortable. Now I'm thinking of attcking every little thing on this car and then reassessing whether I want to sell it. If I do, it should bring top dollar. If I don't, then I'll still have a perfect-condition 993. Taking the fan and housing to be powder coated today. Thinking about having the Big Reds redone, as they look ratty with chips, scrapes and stains.

[vash]

i dont think there is a bubble.

supply and demand, right?

[911SauCy]

My thought is...get ready... WHO CARES!?

I own, wrench-on, detail, and drive the ischt out of my 911 because I love it...not because I'm concerned about how much it will be worth some day and whether or not it's the time to sell.

[Rinty]

Originally Posted by Rick Lee

Now I'm thinking of attcking every little thing on this car and then reassessing whether I want to sell it.

I think it's not a bad idea to stay on top of the repairs, and then you can move quickly when the decision comes to sell. Also, it spreads the costs out over time.

The seat on my car stuck shortly after I bought it. It fixed itself in the shop, but my tech removed it, cleaned and lubed the drives, and moved the rails back one hole. That was 6 years ago. On the day my buyer picked up the car, the seat stuck in the full rear position!

I was able to unstick it by rocking the seat forward while working the control, and I'm sure that was due to my tech having serviced the mechanism way back when.

[PaulBrown]

One day I'm gonna own one of these babies...when I win the lottery

[Grimm]

Well, the bid on the '74 Carrera the orig poster mentioned hasn't moved in 6 days, with 2 days to go on the auction. I wonder if the bids are legit?? Porsche 911 US Carrera | eBay

There is another '74 Carrera on eBay with a bid currently at $50K. I thought I saw this same car on eBay last week with the bidding around $90K? The miles listed look suspect. Porsche 911 Carrera | eBay

And there is yet another '74 Carrera on ebay with a bid at $95K, and the reserve has not yet been met. I'm rooting for this one to keep going because my '75 Carrera is very similar and has fewer miles. I've been following this one closely and the bidding on this one looks legit. Porsche 911 Carrera Coupe 2 7 Ltr 69K Orig Miles | eBay

But the car I don't understand is the '74 911S listed here on Pelican for $58K. I haven't seen non-Carreras carrying that kind of price tag before. 1974 Porsche 911 2.7

[motion]

Originally Posted by Rick Lee

I've blown off some minor repairs on my car because I always figured I'd never sell it. So I don't care that the driver's seat won't move due to a bad drive cable. No one else drives it. I haven't bothered to replace the passenger seat adj. switch because it's all the way back and Mrs. Lee says it's comfortable. Now I'm thinking of attcking every little thing on this car and then reassessing whether I want to sell it. If I do, it should bring top dollar. If I don't, then I'll still have a perfect-condition 993. Taking the fan and housing to be powder coated today. Thinking about having the Big Reds redone, as they look ratty with chips, scrapes and stains.

Don't do it!

I don't think the bubble has reached 993s yet... with the possible exception of Turbo S's and 4's. I see plenty of drivers for sale in the low 30s. Me thinks the 993's will ultimately be extremely desirable, but we're 5-10 years or more from that point. I can pretty much guarantee you that your 993 will be worth over 100K in 10 years time. Why not enjoy it till then?

[GH85Carrera]

To answer the question in the OP.

It will pop the month before I decide I need to sell my 911. I have no plans to sell anytime soon so the market is safe for now.

[Shaun @ Tru6]

Originally Posted by GH85Carrera

To answer the question in the OP.

It will pop the month before I decide I need to sell my 911. I have no plans to sell anytime soon so the market is safe for now.

Could you pretend you want to sell it?

[SilberUrS6]

Originally Posted by Shaun 84 Targa

Could you pretend you want to sell it?

The market knows when you're faking it.

[Shaun @ Tru6]

I've learned to spot that myself unless they're really good at it.

[BRPORSCHE]

*Update*

Car sold for $132,500. A simply insane amount of money 85,000 mile Carrera.

[SilberUrS6]

Originally Posted by Shaun 84 Targa

I've learned to spot that myself unless they're really good at it.

Wait, we're still talking about the market here, right?

[Shaun @ Tru6]

hmmm

[Nathans_Dad]

I bought my second 1984 Carrera at just the right time (luckily). My first 1984 Carrera was a blue Targa with only 85k miles on it. Bought it for $12,500 about 10 years ago, sold it about 7 years ago for $14000. Then I bought my current 1984 Carrera coupe with 105k miles on it for $14500 four years ago. It's all original except a respray in the last 10 years. I figure it's worth $28-30k as it sits. I'm not planning on selling it but it does make it easier to talk the wife into approving some cash for things like suspension refreshes.

[Rick Lee]

$100k for a plain jane C2? I don't think so. Besides, there's the opportunity cost of having money tied up in a car I never drive and always feel bad about it.

Quote de Rick Lee

I've blown off some minor repairs on my car because I always figured I'd never sell it. So I don't care that the driver's seat won't move due to a bad drive cable. No one else drives it. I haven't bothered to replace the passenger seat adj. switch because it's all the way back and Mrs. Lee says it's comfortable. Now I'm thinking of attcking every little thing on this car and then reassessing whether I want to sell it. If I do, it should bring top dollar. If I don't, then I'll still have a perfect-condition 993. Taking the fan and housing to be powder coated today. Thinking about having the Big Reds redone, as they look ratty with chips, scrapes and stains.

Don't do it!



I don't think the bubble has reached 993s yet... with the possible exception of Turbo S's and 4's. I see plenty of drivers for sale in the low 30s. Me thinks the 993's will ultimately be extremely desirable, but we're 5-10 years or more from that point. I can pretty much guarantee you that your 993 will be worth over 100K in 10 years time. Why not enjoy it till then?

[porsche4life]

Rick if you want to sell the 911 I'll buy it. . 25k and I'll have it out of your hair. No little crap to fix.