When will the 911 bubble pop???

[Shaun @ Tru6]

I can't imagine my S, special ordered and the only one of its kind, even if restored by the factory, would bring more than $200K.

[126coupe]

Originally Posted by Shaun 84 Targa

I can't imagine my S, special ordered and the only one of its kind, even if restored by the factory, would bring more than $200K.

My 300SL Gullwing was worth 600-700K 4 years ago, I turned down 2 Million from a serious buyer 1400 built.

]My 1969 911S Targa Ossi Blue, original owner, numbers matching according to the Porsche Gurus will be in the 400K range, maybe more.

I can see 911S's long hooded cars appreciating exponentially like the 300SL did.
I don't doubt the S cars doing this, doesn't matter I'm not selling just enjoying the ride

[flskala]

Originally Posted by afterburn 549

Right now you can buy a pretty good 911 between 10K and 20K.

This was supposed to be in green, right?...

Over the past year I can't count how many people have stopped me on the road, while parked, etc. to ask if my 911's are for sale. I agree with the ratchet effect mentioned previously. Face it, G50's, 964/2's, 993's will all be +$50k relatively 'soon.' Anything priced between 10-20k will likely resemble a skeleton you'll have to piece together...

[motion]

Originally Posted by flskala

This was supposed to be in green, right?...

Over the past year I can't count how many people have stopped me on the road, while parked, etc. to ask if my 911's are for sale. I agree with the ratchet effect mention previously. Face it, G50's, 964/2's, 993's will all be +$50k relatively 'soon.' Anything priced between 10-20k will likely resemble a skeleton you'll have to piece together...

I think he meant '99 or newer

Wonder when those cars will have their day?

[sc_rufctr]

So the BIG question....

What will a "nice" 78 SC be worth in 10 years time? lol

[Bill Douglas]

Peter, what's your nice '78 worth in AUD$ today.

My '79 SC is about NZD$26,000 or $30,000 if the right person came along.

[sc_rufctr]

To sell right now realistically around $27,000 but again like yours maybe a bit more to the right buyer.

(My insurance policy has an agreed value of $35,000 for my 911)

The problem with local 911s is that a lot of them have been "molested" and as you know that always has a detrimental effect on value.

Someone is asking $34,900 for this 1977 Porsche 911.



1977 Porsche 911

This is a little more interesting. A LHD 1965 Porsche 356C $70,000 (but personally I wouldn't buy a LHD)



1965 Porsche 356C

[porsche4life]

Originally Posted by sc_rufctr

Someone is asking $34,900 for this 1977 Porsche 911.



]

Why is it that they always have ungodly high asking prices on these hack jobs? Even more than what the car should be worth stock?

[Noah930]

Originally Posted by sc_rufctr

Someone is asking $34,900 for this 1977 Porsche 911.

Wow. That car has just about every undesirable 911 styling cue in existence, all rolled into one! Nice find.

[maxnine11]

^ ^ ^ might have been worse ...... could have been a targa

[maxnine11]

the above comment should be in green font, or greenish font

[billh1963]

Originally Posted by motion

Wonder when those cars will have their day?

Probably never. Way to many built and, even more importantly, lost the mystique of air cooled and "hand built".

Don't get me wrong, the new cars are way superior in every quantitative way. Qualitatively (sounds, feel, etc.) they don't measure up.

[trader220]

Agreed .... look at the 997 market these days. The prices are dropping like a rock.

[Deschodt]

Originally Posted by trader220

Agreed .... look at the 997 market these days. The prices are dropping like a rock.

Depends. Porsche buying folks aren't stupid. By and large 996s and 997.1 suffer from well publicized mechanical issues (not saying it's true of all of them), but it's enough to affect their reputation and resale value. The pretty ones that are unaffected (mezger bottom end) are doing OK (GT3, turbos, ok not 996TT but I think those have hit the bottom now and are going up). I've been looking at 997.2s, and those are not dropping much at all ! GTS, ditto... 997 GT3s are going UP, and rare beasts like the 4.0 are already collectible !

I'm of the (maybe misguided) opinion that the 997.2 will become collectible because it's fast by modern standards, reliable, pretty in a 993 sort of way (arguably prettier than a 991), it still has a 6 speed box and hydraulic steering assist, and..... you can put a ducktail on it ;-) It's modern but still analog enough for us air-cooled old farts !

7 Speed manual 991s are just weird, and 911s are all about steering feel... That's just me. Please don't agree with me so I can buy one when the prices fall ! If I'm lucky I can do an even trade with my wife's 912 by then ;-)

PS: 996s are smoking deals now that people put out IMS repair kits and you can do those without a case split. But the interior remains too ugly (I had one) and those fried eggs headlights, ugh...

[onewhippedpuppy]

Originally Posted by motion

I think he meant '99 or newer

Wonder when those cars will have their day?

Never, because they were mass produced. Peak production year for the Carrera was 17074 in 1986. Peak production for the 996 was 33013 in 2002, and 38922 in 2007 for the 997. So they were making at least double the cars every single year. Some of the water cooled special editions are already appreciating like the 996 GT2 & GT3 and 997.2 GT3 4.0, but I doubt you'll ever see the normal 911s have the same collector value.

It's like my Mustang. I have a 1970 302/2 bbl, automatic, convertible, with 44k original miles. Totally restored it might be a $20k car, because they made approximately one billion of them. Now the car is worth exponentially more to me because it belonged to my grandfather, and I won't ever sell it.

Source for production numbers: Porsche 911 Production volumes

[Scuba Steve]

Originally Posted by Deschodt

PS: 996s are smoking deals now that people put out IMS repair kits and you can do those without a case split. But the interior remains too ugly (I had one) and those fried eggs headlights, ugh...

Those two things are what keeps me away from them. It's not from looking back at things that are less stylish now; I wasn't that fond of the look 15 years ago either. The 997 fixes all of that for me.

[billh1963]

Originally Posted by onewhippedpuppy

Source for production numbers: Porsche 911 Production volumes

Great link. The number of 2.7L cars was kind of low. Since they were unloved I wonder how many are left?

[wdfifteen]

Originally Posted by flskala

Face it, G50's, 964/2's, 993's will all be +$50k relatively 'soon.'

Five years ago when I was agonizing over personalizing my original my '88 Carrera most of the advice I got was, "Go ahead, there are so many of them they'll never be worth anything." So now, with rolled fenders, modified heater, and deleted AC, what have I done to it's $50k potential?

[Deschodt]

Originally Posted by wdfifteen

Five years ago when I was agonizing over personalizing my original my '88 Carrera most of the advice I got was, "Go ahead, there are so many of them they'll never be worth anything." So now, with rolled fenders, modified heater, and deleted AC, what have I done to it's $50k potential?

You're telling the guy who backdated a perfectly fine SC ! ;-) and sold a perfect 356C (admittedly in need of paint) for $15K!!! Hindsight, etc... the hell with it, you did what you did to enjoy your car. Let the chips fall where they may ;-) I saw the early cars rise coming, but I admit I did not see Midyear/SC/Carreras joining the fray.

[flskala]

Originally Posted by wdfifteen

Five years ago when I was agonizing over personalizing my original my '88 Carrera most of the advice I got was, "Go ahead, there are so many of them they'll never be worth anything." So now, with rolled fenders, modified heater, and deleted AC, what have I done to it's $50k potential?

A car is original once, only once...
IMO, some of those mods are reversible. Funny now how 3.6 upgrades (with the original engine sold) and backdates may hurt the values. History repeats itself I guess - longhoods 'updated' to impact bumper look, etc... Down the line there will be opportunists buying these modded cars and trying to return them to original condition no doubt.