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Hey guys, be careful about that "stupid." I remember selling my 425 hp factory offroad 65 Corvette convertible low miler in mint condition for $2200 back in 1973. Nobody wanted a big block. Then a few years later other Corvettes of the mid sixties became unobtainable for less than $3 or 4k and I said that was stupid for a plastic Camaro without a back seat.
The icons were cheap in their day as other cars were being scrapped. Think of these icons: Ford three window coupes of the 30s, the early Vettes, 60s muscle cars. The 911 is probably the all time international icon whose time is about to arrive, albeit, on the eve of a potential international economic problem. Sometime, when it gets too expensive for me, I'll sell some of my old 911s and start enjoying my old 944 Turbos which never achieved the icon status. In the meantime, I will enjoy driving and wrenching my 911 passion. Diverdan |
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I see if everyday in my business. I specialize in vintage porsche gears and transaxles. Just yesterday I quoted an FIA spec. race geared 901 for a guy in England. It came out to around $7200, and that's without an LSD. He didn't even bat an eye. Done deal. Here in the states, you've still got to sell guys on the value of it. But with what they have to work with over there, he can buy it from me for less and still air freight it and come out $1000 or more under what it would cost from a UK vendor. Furthermore, when you start to look at the pieces and the current cost to properly build a transmission or an engine, $10k starts to seem like a cheap car. I think the "you pay 20 now or pay 20 later" rule is sliding up closer to 30 and has at least hit 25k when you factor in a 10k motor... |
OK Matt, I get that. My Targa went overseas last Fall in fact. I'm just surprised at how much the prices have gone up and so suddenly. It seems like early 911s were at a certain price for such a long time. Then...boom...two - three times value!
By the way, I'd be very curious to see how your WRX transplant into the 914 goes! :) |
Is this the same matt monson that has done some interesting n/a impreza builds in the past?
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Of course I'm biased. But, I do need to defend my car's honor! |
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:) Quote: "I once heard a good quote about old 911s. "They are all $20K cars, pay now or pay later." I think that sums it up." ...or USED to sum it up....why shouldn't 911s increase in value?
Doug, sir, You have single-handedly tipped the demand in favor of the sellers. The cars are in fact worth more when YOU shop...:D |
Some people on this board think the longhood prices are due for steep decline due to the cyclical nature of markets, just like the IT stocks of the dotcom bubble, or tulips in the tulip craze.
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However it's hard to say. Just look at the market for 356 Speedsters and 4-cam Carrera. They keep going up and up. Now I would say that those cars are a slightly different demographic and may even be collected by a different generation than the 911's are, but if you hold them as an example of where the Porsche marque stands, it's very strong and they might just keep going up this year. |
Several for 10K and under on the Seattle Craigslist.......If you time it right, delivery would just cost you fuel and a plane ticket back!!
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Prices here in Seattle are about the same as as year ago I'd say. There seem to be fewer longhoods for sale, but more Carreras.
I picked up my '84 last May for $10,500 with 180,000 miles. It's a "driver" for sure, but I still think it's the bees knees. |
Don't get me started. My '83 was totaled last November, and most folks here seemed to think the insurance settlement offer of $9600 was reasonable. Admittedly, it needed paint.
After a couple of months of fairly intense shopping, I found a '79 Euro coupe for $11,500. In decent condition. The two main beliefs I have about this car are 1) It is worth the price. Coupes are not easy to find. Not at all. Targas all over the place, but coupes that are not Guards Red are rare. And 2) This car is in nowhere near the condition mine was in. In a couple of months, when I expect to have time, I'm going to take virtually ALL the parts off the '83, which had just undergone a several-year full mechanical restoration, and put them on the '79. When I finish that, it will drive better and be acceptably reliable. Southern Californians will have you believe that good SC's (like mine was) can be had for under $10K. I'd like to race those "good SC's" from here to Peru and back for money. I'd win. |
I bought my '86 Targa with 193k on the odo for exactly 10k a year ago. I've invested a few k more and had some items fixed, but am still happy with her. In the end, they are all 20k cars, as I am finding out.
http://forums.pelicanparts.com/uploa...1205889650.jpg |
Carrera Badge
tshore. When did they start putting a CARRERA badge below the Porsche crest? I know that I have never seen that before. Very Interesting.SmileWavy
http://forums.pelicanparts.com/uploa...1205889650.jpg |
Interesting the high mileage cars...there is a 3.2 Carrera locally for "only" $10,500. The ad reads:
1987 PORSCHE 911 CARRERA COUPE, 169k miles, gold, dark brown int, newer tires/alternator, new brakes & batt, looks/runs good, absolutely no joy rides, vehicle is 1985 year, call for more details, $10,500 OBO I've seen this car on eBay with a no reserve starting at $9500. Maybe I should look at it? I'm just not a fan of high mileage cars, even 911s. :p Edit: Make no mistake, I don't think there's any chance of getting a good later year 3.2 Carrera for anything like $10k, but it seems the only 911s at this price range anymore are "fixer uppers" or high mileage cars...of any vintage. This is just an illustration of that. |
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1985=915. Which is it? Sounds fishy to me. Good luck finding another Pcar though Doug! Paul. |
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Thanks! |
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