Whats the next 911 that appreciates?

[lateapex911]

A friend texted me, knowing I am a 911 guy.
His question:
Which is the next 911 thats going to appreciate that now costs $20K?

Kinda caught me without an answer.
I thought "82 SC". But I haven't thought along those lines at all, nor am I aware what 911s sell for...

Thoughts?
What should I tell him?

[Dan J]

Early Turbos (75-77) then (78-79) then (86-89) then 964 turbos then
any really nice original of any year

[mr911er]

Speaking as someone with a 1982 SC, I think it will definitely be a 1982 SC

[ivangene]

my car doubles in value with each day I drive it

or is that "worth"

IDK

I have seen the early 911's making huge jumps and agree that speculation says the early turbo's are about to do the same

[McLaren-TAG]

I appreciate my 86 coupe plenty.

[Boricua21]

I'll also vote for the '82 SC...why not..?

[4495]

I think that the '84 wide bodies are very valuable and should be appreciated more by you people.

[Nickshu]

My guess would be the 964's. You can get a decent C2 now for about $21-25K (at least if Ebay is any gauge of prices). They have a more "modern" look than the classic 74-89 911, but are still close to the classic appearance as far as bodylines.

[wrinkledpants]

Originally Posted by Dan J

Early Turbos (75-77) then (78-79) then (86-89) then 964 turbos then
any really nice original of any year

This. Appreciating in value won't be a function of the car, per se, but simple supply and demand. I think most of the pre-90 cars will appreciate from their current values if they're really nice and unmolested. Turbos even more.

[Nickshu]

Originally Posted by Dan J

Early Turbos (75-77) then (78-79) then (86-89) then 964 turbos then
any really nice original of any year

Can you really get a decent Turbo of any year for around $20K at this time? Most I have seen that are worth owning are more like $35K. Worth owning meaning rust free, decent looking, but not perfect. If you can then I'd better start shopping.

[911dean]

I agree, it's supply and demand. Nice cars that are modified correctly will even cost more.

[Daves911L]

I'll go out on a limb and say none of the newer cars will really appreciate. The prices may rise, but only in approximation of general inflation. The reason I believe this is the complexity of the later cars. More wires, more gadgets, more electronics equals more expense and more specialized expertise to maintain. Older, simpler cars have great appeal A lot of that is nostalgia of course. But I think a lot of it also has to do with the fact that an average guy can get his head around them. Do all, or at least a part of your own maintenance. At worst be able to understand what the shop is talking about. Lets face it, tinkering with a carburetor, ignition points, or chain tensioners is physical and sort of interesting for a lot of us. We like doing it. Figuring out why some trouble code won't clear, or tracing some intermittent short in a climate control is pretty damned tedious. Not what you look forward to on Saturday morning.

The 928 is the poster child. Phenomenal car. Unique. A watershed in automotive engineering. Nothing else quite like it has ever been built. Low production numbers. Should be a blue chip. But in reality almost worthless relative to the sticker price and no signs of appreciating faster than inflation. For the average enthusiast, its just too complicated and expensive to care for.

[BE911SC]

Originally Posted by ivangene

my car doubles in value with each day I drive it

Yeah, I don't care which one is the next hot seller. Too busy loving the one I have.

[Vereeken]

Originally Posted by Daves911L

I'll go out on a limb and say none of the newer cars will really appreciate. The prices may rise, but only in approximation of general inflation. The reason I believe this is the complexity of the later cars. More wires, more gadgets, more electronics equals more expense and more specialized expertise to maintain. Older, simpler cars have great appeal A lot of that is nostalgia of course. But I think a lot of it also has to do with the fact that an average guy can get his head around them. Do all, or at least a part of your own maintenance. At worst be able to understand what the shop is talking about. Lets face it, tinkering with a carburetor, ignition points, or chain tensioners is physical and sort of interesting for a lot of us. We like doing it. Figuring out why some trouble code won't clear, or tracing some intermittent short in a climate control is pretty damned tedious. Not what you look forward to on Saturday morning.

The 928 is the poster child. Phenomenal car. Unique. A watershed in automotive engineering. Nothing else quite like it has ever been built. Low production numbers. Should be a blue chip. But in reality almost worthless relative to the sticker price and no signs of appreciating faster than inflation. For the average enthusiast, its just too complicated and expensive to care for.

I am with you on that. look at the auction results for the 959, Veyron, etc...low production great design but loosing money. Too complex to keep.

Also compare the last results of a BMW 635CSI to that of an 850i. The latter goes down the tubes. The former through the roof.

[r-mm]

In my brief but intense search for a 78-89 I see that low-mile-one-owner cars sell for just about WHATEVER the owner asks, and fast. Of course it is tautology that these are more desirable than say 4 owner high mile cars, but the difference between the top and bottom is stunning. I regularly see less desirable but still very clean multi owner cars re-listed again and again until they presumably go for something in the mid teens. Whereas cars like this one on BaT sell in under a day for, what several commenters consider insane or at least very strong money.

http://bringatrailer.com/2013/02/07/bat-exclusive-43k-mile-1986-porsche-carrera-cabriolet/

In other words, some of these are going to be used cars. Granted, highly desirable and probably slowly appreciating used cars, but there is going to be a big delta between the top and bottom of the market. That's my prediction at least.

[hbueno]

Originally Posted by Daves911L

The 928 is the poster child. Phenomenal car. Unique. A watershed in automotive engineering. Nothing else quite like it has ever been built. Low production numbers. Should be a blue chip. But in reality almost worthless relative to the sticker price and no signs of appreciating faster than inflation. For the average enthusiast, its just too complicated and expensive to care for.

I love my 928 and honestly, for the things I am able to do, I find it easier to work on than my 911. It's more modern than my 911, and slightly more complex, but not by much. After all, it's all analog - no digital anywhere. I agree on the issue of simplicity and working on it on your own. If you pay a mechanic for repairs, you will pay the same labor rate. Parts may or may not be more expensive.

As far as appreciation, I'm glad both my cars were affordable. In both cases, I was lucky enough to buy on the low end of the curve. I hope not to sell either car, so the issue of appreciation is mostly academic. I never bought them with the intention of making a profit.

Hugo

[Scott Douglas]

Originally Posted by lateapex911

A friend texted me, knowing I am a 911 guy.
His question:
Which is the next 911 thats going to appreciate that now costs $20K?

Kinda caught me without an answer.
I thought "82 SC". But I haven't thought along those lines at all, nor am I aware what 911s sell for...

Thoughts?
What should I tell him?

Tell him he should look at 912's and see what he says.

[roblav]

1. 993's are going down rather quickly.
2. 964's are going up slowly
3. Any widebody car is going up (including all Turbos)
4. Porsche made too many SC's and Carrera's for those to go up a lot.
5. Obviously the early cars are up a lot, but if the DOW market and economy ever come back, those values will ease a little. I watched this same type thing in the 1980's.
6. To me, the real question is the 1974-1977 cars, especially the 3.0 version.

My opinions only...

[Matt Monson]

Originally Posted by Daves911L

The 928 is the poster child. Phenomenal car. Unique. A watershed in automotive engineering. Nothing else quite like it has ever been built. Low production numbers. Should be a blue chip. But in reality almost worthless relative to the sticker price and no signs of appreciating faster than inflation. For the average enthusiast, its just too complicated and expensive to care for.

I think you might want to take another look at that market. Just like 914 and 911 turds, 928 turds sell for a couple thousand dollars. But go check out the original or restored 928s changing hands. Last generation GTSs are back up over 6 figures. No, I am not joking. The hardcore 928 guys are willing to pay real money for nice examples.

Greg Brown, at Precision in Anaheim has basically dropped out of Cup Car and race work and made himself a nice little niche market as a high end 928 engine builder. He's building $25k 928 remanufactured and hot rodded engines and there is often a waiting list to get your engine onto his stand.

[lateapex911]

So what I'm reading is widebody, turbo, or unique option package car....but...are there any of those around $20??