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When will the 911 bubble pop???
Alright fellas... This is just getting ridiculous now.:eek:
I will admit that this is a fairly nice car after looking at the pictures. But just a few years ago this thing would have been worth pennies on the dollar! What the heck is going on? If this was a pre 74 E or S I could understand the 100K, but seriously for a 74 2.7? How the Heii is that even possible?:confused::confused: |
By no means am I an expert on the mid year cars, but I think this one being a "Carrera" model makes it somehow special. Not sure how or if is really all that different from a run 'o the mill 2.7 middie, but pretty sure its not run 'o the mill ('specially not for 100k)
Color is awesome too IMO. |
Baby **** brown is "awesome"?
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Nah that is Sepia. Truly an 'eye of the beholder' color
Hmmm that I think about it doesn't this car have the 2.7 MFI engine from the '73 RS? If so, then yes the 100k is reasonable. http://carreramfi.com/ |
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I love period colors and browns are beautiful to my eyes. My most favorite 930 owned by fellow Pelican is a 1978 in Cockney Brown. Stunning car, seen it in person. Over on the turbo forum we call this the "Chocolate Rocket" http://forums.pelicanparts.com/uploa...1413583859.jpg |
I would think that it would have to be an MFI car to fetch that kind of money. The tach shows red line at around 6500. Aren't the MFI 2.7's much higher than that? I wonder why there are no pics of the engine.
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Asking and getting are two different things.
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Very true Matt. I am not a hardcore eBay user but aren't bids on the car somewhat final?
Heck, even a 30% downward correction is still crazy money. |
This is the one that cracks me up:
http://forums.pelicanparts.com/porsche-cars-sale/834117-1978-911-coupe-cashmere-beige.html |
Soon...if the Ebola scare along with other global issues continue the stock market will take a dive. The bubble will go along with it....
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I found it interesting there was not a single engine compartment pic. Shot of the owner's manual, but not the engine, really?
That olive green is a really bad color for a car, unless it is a jeep or something. |
I bought my '72 for $12K and sold it for $24K. Can't imagine what it would bring today.
http://forums.pelicanparts.com/uploa...1110560149.jpg http://forums.pelicanparts.com/uploa...1110560285.jpg |
His avoidance of the engine and induction speak volumes. A '74 3.0 Carrera with MFI is indeed a rare car - more rare, in fact, than the '73 2.7 version. It's just never gotten a lot of love because it's a short hood. This guy appears to be fervently hoping that someone will mistake his car for that rare '74 3.0 Carrera and drop some serious coin on it. Deceptive at best...
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The US Carrera is a scam for sure. I've noticed that the longhood bubble has simmered down. Excellent Es aren't selling on eBay, not going past $60K-ish and not hitting reserves. Turbos are really going crazy. I just sold this 79 for a customer of the shop I used to work at, for $76K. Asking was $78K, took 5 days. Based on the market, and that this car had never been "Type R'd," the new owner did well. Seller also has a 72T Targa with a 2.7 RS-spec engine I'm cleaning up and selling in a few weeks. Downside is it's a Targa. Upside is never any rust, the MFI motor and it's 414 Olive. Time will tell. I think it will go to Europe but will probably take at least 3 weeks to sell. http://forums.pelicanparts.com/uploa...1413595340.jpg |
I don't follow long hoods but it seems like the market plateaued this summer, with the exception of cars like the RS America, Turbo Carrera, and other rarities. The run of the mill 911's seem to have leveled out with about a 10-15k bump above asking prices from a year or two ago. Feels like some of the panic buying has subsided.
The Ferrari 512/308/328/TR market has been another fun one to watch showing massive gains, and still rising quickly. Hard to believe you could pick up a driver quality Testarossa for $35-40k just last year. Those days sure didn't last long. |
Things are worth what people will pay....whether it is shrewd...or stupid
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Obviously I am out of touch. Even with the curent bubble, it looks like a $30-$35K car to me...but bidding is at $110K. I almost bought a much nicer, better optioned one for $22K a few years back...but thought it overpriced.
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