How does the 911 bubble work?

[Nate2046]

So...........you think $150k is reasonable for a long hood but you can't fathom how an SC is a $25k or better car? Really? Really!?

Originally Posted by Shaun 84 Targa

I've been pondering this recently. I understand the longhood bubble. That makes sense to me. Same with the Turbo bubble.

And I understand how those prices would trickle down a little to NA impact bumper cars, but not in the way they have.

Who is spending $25K to $30K on an SC? Who is the buyer? How many of them are there? Are they happy with their purchase after the fact?

This especially applies to midyear cars and to average 915 Carreras.

Puzzled how this works.

[GH85Carrera]

If you think the 911 bubble is crazy check out the prices for old VW vans. They are cool but painfully slow and not any fun to drive.

[widebody911]

Originally Posted by Westy

The bubble increases exponentially each week until I sell mine. Then it gets some common sense.

The bubble didn't start until I sold mine.

[widebody911]

Originally Posted by GH85Carrera

If you think the 911 bubble is crazy check out the prices for old VW vans. They are cool but painfully slow and not any fun to drive.

$125k

TheSamba.com :: VW Classifieds - 1958 23 Window Deluxe Sunroof Micro, Cool Patina!

[GH85Carrera]

Now THAT is the pure definition of a bubble. 125K for that is just nucking futz.

[speeder]

Originally Posted by look 171

Hey you used to daily drive yours, right? I might have seen your car at the new years drive a few years back. Its really clean and there aren't too many blue 930s out. What do you think your 930's worth? I have a an 88 930 cab with 45k miles and a hot motor. Other then that, its pretty damn clean. It fun to find out what I have here, not that I will ever sell it.

Yours would be the least valuable of all 930s but it's still gone up some, I'm sure.

[Shaun @ Tru6]

Originally Posted by Nate2046

So...........you think $150k is reasonable for a long hood but you can't fathom how an SC is a $25k or better car? Really? Really!?

Absolutely, yes.

[Nate2046]

Originally Posted by Shaun 84 Targa

Absolutely, yes.

Well, ok then. I suppose its better to have strong convictions than none at all........

[Shaun @ Tru6]

There were 58K+ SCs made

They were all pretty much the same car.

There's no hierarchy among them, perceived or real

They are 10 years newer than longhoods

On a subjective, asethetics level, you can argue impact bumper cars aren't as "X" as longhoods and that CIS makes the engine bay a detraction whereas MFI and carbs are art.

[GG Allin]

What I like to do for fun is search the classifieds here on Pelican. Plug in any given year on a title search and then look at the 5 or 6 year old ads.

Like this beauty:

Another Fire Sale 1973 RS Replica $18000

[LWJ]

It really is market economics. Not a lot of air cooled cars were made. They don't make them any more. The 911 has always been a dream car. Count how many mustangs and Cameros were made. More supply, and some demand. Air cooled 911s occupy a niche that is meant to appreciate. Which is unfortunate to those who don't have one yet.

[look 171]

Originally Posted by slodave

Shhhh!!!!! Don't make him think on that! I'm using his Turbo rims right now - kinda on permanent loan.

cool, Iets meet up and lunch's on me. I will take my S2000 and see if his 930 could really rev as high as 9000rpm. Rev match, right? if it breaks, just give it back

[onewhippedpuppy]

Originally Posted by GG Allin

What I like to do for fun is search the classifieds here on Pelican. Plug in any given year on a title search and then look at the 5 or 6 year old ads.

Like this beauty:

Another Fire Sale 1973 RS Replica $18000

Don't do that. It's depressing as hell. My first Porsche was a 1970 911T, bought in 2004 for $4500. It had a little cosmetic rust in the front fender corners but a strong 2.2 with Webers, nice tight suspension, good brakes, and a freshly rebuilt 901. It was my daily driver for a year. That's probably a $30k car today.

[Deschodt]

I think "the way it works" is that the bubble magic works best on you when you have never owned an example of the affected car. If you have it makes no sense to you...
We never owned a 250GTO when it was new, I bet there's some guys who think the world has gone insane when they sell for 20Mil, but we accept it as normal...

I have owned an SC and no, beyond 25K makes no sense to me either.
I have owned a 356 and no, beyond 35-40K makes no sense either.
I've owned a couple long hoods, and anythign beyond 40K I don't get either.
Etc...

But if you have never owned a speedster and they are 500K or more, well, this is what they are. In isolation if an Early S is worth $200K, then an SC is absolutely worth 30-40 ! despite the production numbers. It's pretty close in feel and performance (not identical but as close as you're gonna get for the $)

It gets funny (and somewhat self regulating) when you hit modern cars - the cayman mentioned above is a great example ! A 20-30K cayman is a lot of car vs an SC and I would not think twice about getting that over an SC if it had an IMS fix (it doesn't) or the later engine without IMS. Or a 912....

[Shaun @ Tru6]

Originally Posted by onewhippedpuppy

Don't do that. It's depressing as hell. My first Porsche was a 1970 911T, bought in 2004 for $4500. It had a little cosmetic rust in the front fender corners but a strong 2.2 with Webers, nice tight suspension, good brakes, and a freshly rebuilt 901. It was my daily driver for a year. That's probably a $30k car today.

That's the car I sent you the dash fascia plate for.

[afterburn 549]

If anyone runs across a 20K hot rod let me know
Other then that the cayman looks too inviting.

[onewhippedpuppy]

Originally Posted by Shaun 84 Targa

That's the car I sent you the dash fascia plate for.

THAT is some impressive memory! I joined Pelican when I bought that car. I also recall Vash going above and beyond to get me a new door handle in SF, and Kurt V offering to drive from central MO to help with my first engine drop due to a broken clutch pivot pin.

[Deschodt]

Originally Posted by onewhippedpuppy

My first Porsche was a 1970 911T, bought in 2004 for $4500. It had a little cosmetic rust in the front fender corners but a strong 2.2 with Webers, nice tight suspension, good brakes, and a freshly rebuilt 901. It was my daily driver for a year. That's probably a $30k car today.

$30K car these days is a nice driver 912, in terms of long hoods.
70 911T in decent shape, not concours, I'd guess 40-55 or so... Wish I was kidding, too..

[Shaun @ Tru6]

I wish some buyers of $25K-$30K SCs would chime in on this thread. I am keenly interested in their perspective.

[Westy]

My first Porsche was a 70 911T, Orange with bad leather on the seats. Came off the throttle in a turn and spun it out into a center divider. Creamed the panel in the back and bent the left rear suspension part. Used to be a recycler in Berkeley. Got the parts for about 40 bucks, had a paint store make me a spray can of closely matching paint, and was back on the road. Valve guides were worn, and traded it in on a brand new 1982 RX7 for $3500. Ended up selling the RX7 for $1500. Yup,,,I made some good decisions back then!