Future 911 price pedictions 2020 and beyond ??

[Bob's Flat-Six]

Where do you think the prices will be say 15 or 20 years out and why? On 70's and 80's vintage cars.

One of the things that makes it hard for me to predict is the younger generations that didn't grow up with these cars. Are they going to even want them?? Or be able to drive them??

[on-ramp]

isn't the planet going to run out of oil/gas in about 20 years?

[k9handler]

I sure hope the youth of the day still loves the WRX and EVO cars in 20 years, that way I can get me a nice 993 Turbo or even a 997.

[Bob's Flat-Six]

Originally posted by on-ramp
isn't the planet going to run out of oil/gas in about 20 years?

I'm not sure, I'll have to watch Mad Max to get the correct date

[jhoagg]

I think On- Ramp's point is valid. For the first time (at least that I am aware of), the basic question of oil availability may start to play a major role in the value of our 911's and all other collectible or desirable internal combustion cars. That potential impact seems difficult to impossible to predict. What happens to Bugatti prices in the bad-to- worst world oil supply scenarios? The price of a Ferrari GTO?

[PorscheGuy79]

Just to let you know, im a 19year old. Im a huge car guy and had many options when i was looking for a p-car. But none of them even came close to the 911 SC that i bought. But then again i dont watch Fast and Furious once a week and style my whole life around that movie. I think that people who love porsches will always love porsches and that the older the kids get the more they will grow to appricate the power and beauty that is Posrche.


i know im weird but just go with it

[Dantilla]

When I was in elementary school I was told that the Earth would be completely out of oil by 1985.

[84porsche]

Well I figured when I bought my 84 that depreciation was bottomed out so the value can only increase. I know I wanted a classic 911 because they just looked cool and because of the "connoisseur" feeling of classic cars. So as far kids of today wanting these cars I doubt it unless its a hand me down. I am 24 and I love these cars and I would happily spread this tradition down when and if I have kids. I really hope these legendary cars will be around for ever but I still really want a 993 TT being one of the last air-cooled 911s.

[Sonic dB]

When I was in elementary school I was told that the Earth would be completely out of oil by 1985.

What they actually meant to tell you was that by 1985, Michael Jackson would turn white, lose a glove and be living in a hypervaric chamber with a monkey.


Regarding the original topic. Alternate fuels will be all the rage in 20 years. As usual, the human race (if still here) will scramble at the last second to discover/develop something brilliant to replace oil.

I will still have my 86 then BTW...

[jrdavid68]

I believe the 1986 Carrera Coupes will require a hefty premium in the future. All the rest, newer and older, will be available at Pomona for $500/ea.

[Neilk]

Today's cars will be too complicated to deal with.

If we are having a hard time dealing with mechanical emissions stuff on today’s 15-20 year old car, just think how hard it will be to deal with ancient electronics to run the engines, climate control, airbags etc. I think GeorgeK mentioned that an ABS brain for an early 90’s 911 retails for at least $2k, I can’t imagine the problems we’ll have. Our only hope is that we’ll be able to plug in tiny computers with software to emulate the old ECUs.

[Wayne 962]

I have discussed this question many times with other people. Here are some of my thoughts on the issues:

- If you read a magazine like Sports Car Market Letter, then you get an idea for what drives prices up - limited quantity of production. There haven't been many low production (in the hundreds) Porsches made. Therefore, overall price appreciation levels will not increase too significantly in the future.

- Condition / Rust - when Porsche started galvanizing boddies, then they made the cars last longer. 911SCs typically don't rust. That's good for the cars, bad for appreciation. Look for the opposite on early 911s that weren't galvanized. As more boddies hit the dust, then the value of these cars will go up. However, there are still a lot of them around, so they will only go up so much.

- A good predictor of the market for 911s is to look at the market for 356s. It's horrible from an appreciation standpoint. 1960s 356 driver coupes are around the $10-$14K range and have been there for years. We're starting to see some appreciation of the cabriolets, but I believe it's mostly speculative, and will drop down to a mere 25% premium over the coupes, in a few years. In general though, the 356 market is not good from a $$$ return standpoint, as they made too many of these cars for any one of them to be called rare. Even the Speedster is a relatively common car with about 3,000+ of these made. The same holds true for the '73 Carrera RS. With about 1,500 of them made, there's a whole bunch available. The lightweight models are more rare, but even then, it's unlikely they will appreciate above levels of other really low-quantity Porsches like the 904.

- Mass market Porsches like the 911SCs and Carreras will never be super-valuable because they made too many of them. With this in mind however, prices will fluctuate wildly with preservation. Since parts will dry up and will still be expensive, good quality, good condition cars will always be sold at a premium. Look for prices for these cars to vary as much as $10K (actually they already do) depending upon condition.

- Unless you own a genuine limited production car (like the 911 Speedster), then I wouldn't look for any appreciation in the value of your car. Especially as the miles pile up (Porsche owners love to drive their cars!), it's a bit unrealistic to expect your car to appreciate in value, unless you hot-rod it and perform some major modifications that add significant value (like making an RS look out of an early 911 and adding a later engine).

- As for oil? I think that the current shortage is on paper, run up by traders. The increase in oil consumption has not warranted the super-large increase in prices lately. If you read financial newspapers, you will see that the rise is largely due to oil traders, whom I hope get burned big time when the market finally comes down.

Just my thoughts...

-Wayne

[Emission]

I don't think my car will ever be less than $25-30K, even with more miles.

In 15 years, the average entry-level economy car (Toyota Corolla/Honda Civic class) will be $30K new. My Porsche won't be less than that.

Inflation will keep the costs of our cars stable.

Keep in mind, I will spend about $45K over the next 15 years keeping it in excellent condition and on the road (that's a conservative $3K a year!).

[PorscheGuy79]

just to let you all know, the US alone has enough oil to last us 50+ years even with population expansion. there is tons of oil in the US we just havent been drilling for it.

[slater]

I agree with Sonic dB about the alternate fuel coming in at the last minute. My question is, are there people here that buy their 911 as an "investment?" Or do they just say that to convince themselves (and by "themselves" I mean their wives) that they should spend the money on one?

[Aussie]

I think 911sc and Carreras have bottomed out, however i don't think they will increase in value either just sort of stay much the same.

They will always be desirable, however there are many of these cars on the road.

Good ones might go up a bit when kids born in the 1970 and 80's turn 40 and have a mid life crisis, and want to relive some of their dreams when they were youths.

Early cars in Australia have already gone up alot, hard to get decent ones here.

Good T's are about $40,000 AU now which is about $30,000 US.

$60,000 buys you a average pre 74 911 'S' which is about the same price as a brand new Mercedes C180 Kompressor.