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:

Porsche 911 US Carrera | eBay

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"?

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/

IMO, yes

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.

No, it has the CIS 2.7 911"S" motor in it

Exactly what I was thinking. No mention of MFI in the ad or an engine bay photo. Very curious now.

Asking and getting are two different things.

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....

Technically. Though it's pretty common to scam the system with multiple accounts. I find it interesting that the bids are all between $10k and $30k. Big jumps. Though as crazy as the air cooled cars are getting, maybe that's the going rate.

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...

I saw that Graham and agree.

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

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.

I've been saying for years that the Testarossa market is going to take off. Sadly I didn't have the cash to buy a few when they were $35k.

Bought my SC in 2005 for $15k. Sold it Jan 2013 for $13k.
Why doesn't my stuff ever go up in value???

I think we had a drop in 911 prices for a while, but barring a really serious dip in the economy, I don't think they are going to go back to gift prices.

The Boxster is the new entry level Porsche. The 911 is an iconic classic with a lot going for it. Absurd prices aside, this is the new market. Some people may still be struggling, but there are plenty of people with real money. There are only so many air cooled cars in the world.

Even the lowly Fiat Spider is rising in value. Don't forget, the 74 911 is emissions exempt in California, no matter what engine it came with. That means PMOs and twin spark heads if you wish.

Crazy pricing of a few cars on the National market only makes a 40,000 dollar car seem more reasonable. People who paid good money for good cars before the recession have hung on. They are unlikely to give their cars away now.

Pretty much any car that's not a boring econobox throwaway is going up in value it seems. Thinking about an older MGB and getting rid of one or both 944s myself... ;)

No so sure. The text below was added to the auction. I wonder if "US Carrera" automatically implies 2.7 RS engine. Just seems odd that he wouldn't stress that.

Seller's thread from earlySregistry: FS: @eBay - my 74 US Carrera


"UPDATED 10.17.14 @ 1:19PM PST

Thanks for all of the compliments and inquiries.

I wanted to add some additional information to answer some commonly recurring questions:

1. I have put a bunch of photos of Olive into a dropbox, as eBay only allows 24. There are additional car interior and exterior photos, engine compartment photos and also photos of the Panorama Article. eBay will not allow me to insert the link, as it says it does not allow non-clickable links. Therefore, just message me and I will send you the link to DropBox.

2. International Shipping: I am perfectly happy to assist in shipping of the vehicle (at buyers expense) and will include having the car professionally transported to the Port of Oakland for those of you looking to ship the car. It is approximately one hour from my home.

3. I reserve the right to end the auction early

4. The chain tensioner upgrade was done during my ownership (as well as a full leak down test and replacement of anything else the car needed, once I owned it). I have all documentation from this and also will include the original covers that were oiled and put in zip-lok bags at the time of the upgrade.

5. I am not a dealer or in the automotive business. I have several early 911s and take very good care of them. I am a member of PCA, RGruppe and EarlyS Registry, so many people have seen Olive.

6. I have really enjoyed talking to several of those bidding (or I guess considering bidding!) and welcome any and all questions. I really love this car and want it to go to a great home.

7. In fairness to everyone involved, I have replied the same way every time to the question "what is your cash price to buy the car now?" My response is that there in auction running and although I am always open to offers, I will not be naming a price.

8. The car is available to be seen by appointment."

Then there is this & this. It's a CIS car. Those bids are simply ridiculous.

http://forums.pelicanparts.com/porsche-cars-sale/834357-74-us-carrera.html

https://www.dropbox.com/sh/jfihrxvz6zw9i2g/AAAr9fk6arfLsEq0oBgv8wCPa?dl=0

Let me start by saying a no expert in this, but........

I think this Carrera is being described truthfully and not trying to scam anyone, unless the documentation doesn't apply to the car for sale, highly unlikely as surely if you're going to drop this amount of money on the car, you'll do your due diligence.

He is clearly selling a US Carrera which this VIN indicates correctly, which would come with the 2.7 911/93 engine (175hp). The RS engine on the Euro version is the desirable 911/83 engine (210hp)

If I am incorrect on this info, please correct me, as I'm reproducing from the VIN's in the Redbook.

I have no idea on value of these cars what so ever, so glws to the owner is all I can say.

It's definitely not a scam. But it is clear that the 911 market has left me in the dust if a CIS car can fetch over $100K. The 996 headlights are looking better and better every day.

It seems the short hood MFI cars fetch at least twice what this one has bid to.

I don't see it as a scam in any way...but I don't believe the bidders will actually pay that price. I was looking at a mere $20K '76 on Ebay last night and the seller stated that he had sold it 3 times already and relisted when the buyers didn't come though.

I wish the guy luck though. Hope it makes my cars more valuable.

The Carerra is not some ordinary mid-year shorthood. These cars have been going for eye-popping prices the past two years. The fact that they are now over $100k is not surprising at all.

The mid-years that were trading hands for near $10k two years ago? It would be tough to lay your hands on a runner for that now, unless it was a really rough runner. SCs have nearly doubled. 964s have doubled and more. 3.2 cars have nearly doubled. Those of us that bough aircooled cars three or more years ago got very lucky.

There are apparently quite a few people on the world's largest Porsche board who are not familiar with the current market and they are all on this thread.

The car is not misrepresented in any way and I assume that the bidders know what a "1974 U.S. Carrera" is. No one here seems to. There is no question or debate as to what engine it has. It's the regular 1974 USA CIS 2.7. If it was a 1974 Euro Carrera in identical condition and provinence, it would be a $3-400k car. The bids are real. Sheesh...

And no, I am not affiliated with it in any way. I've never heard of this car until these threads about it.

While it is a bit more rare car, it is little different than other midyear cars...and my '74 would eat it for breakfast.

The $120K is insane and you do not convince me one bit. I also don't believe that 3.2 cars have doubled...since a nice low-mileage, G50 '89 Carrera like mine with perfect paint and interior was going for $25K a few years ago and there is no way anyone would pay me $50K ....but that is just me.

I don't believe any US '74s are actually selling for $120K.

Typing at the same time but the post above mine says essentially the same thing.

I wish you guys were right...but just don't think so. Especially regarding the typical 3.2s and Midyear. If I did, mine would be for sale.

3.2 Carrera 911s, especially coupes, have more or less doubled over the last 2-3 years. That one is true, at least for low mileage, clean/stock cars. High-milers and modified cars have not changed as much.

The market has moved quickly. G50 3.2 cars, if they are nice, are indeed selling over $40k. Not quite double, yet. If you go back and look at the For Sale forum for the last year and a half what the mid-year Carrera asking prices have been. A couple of years ago, the asking prices were in the $75k region. Add to that an interesting color (like it or don't, that color is rare in itself) on a rare car in a market that is eating these cars up? Yeah, I got my 3.2 for well under $20k three years ago. You can't touch a driver-quality 3.2 for under about $25k now. You can get a decent one in the low 30s. Nice ones? Upper thirties. Really nice ones with low miles and records? Prepare to pay over $40k. The stellar examples might actually clear $50k. One owner, low miles, records, bone stock, pristine car - investor-quality car. Oh, and M491 cars are going in the upper-40s to upper-50s. In some cases, more than a similar 930, although that gap is closing pretty fast. The longhood market is slowing down some, at least from a price increase standpoint. But all the other cars seem to be still shooting up. If you haven't been closely following the market, you have no clue how crazy it's gotten. I mean, SCs, going in the 30s???? Holy crap.

I have to agree to disagree with you guys. I don't belive folks are getting close to $50K for 3.2s (except in very rare cases)...even pristine ones...or SCs for over $30K.

Yes, they are. Look at completed listings on EBay and sold cars on here. A driver G50 Carrera is a $35k car.

Time to sell my Carrera...before it gets a rock chip in the paint. Time to move up to that 997.