Makes absolutely no sense to buy this right?

[Purrybonker]

Details:

"The America Roadster was built to commemorate the 40th anniversary of the 1952 356 America Roadster. Only 354 new model America Roadsters were produced for the US market, and this example is one of the approximately 45 made for the Canadian market making it truly a rare 911. It has turbo brakes, turbo body, turbo suspension, and full leather interior. Optional equipment on this car includes cruise control, on-board computer, and partial power sport seats."

Car has about 30k miles. Guy's asking 49 g's.

I'm counting on you guys backing me up here...

[Purrybonker]

cause this '97 with 20k at 50g's makes much more sense right?

[thabaer]

yeahh.......


seriously, even though it has uprated turbo parts, the anniversary rig looks tremendously overpriced.

[trader220]

Drew, If you Porsche has been a good investment in the past few years you either stole it or inherited it. These cars sans a very few have all gone down in value as the economy has slumped in the past 3 years. The huge majority will never be a good investment except for the ultra rare models.

By the way the American Roadster is way over priced, IMHO.

[thabaer]

Originally posted by trader220
By the way the American Roadster is way over priced, IMHO.

I should admit to some potential bias, as the same thought crossed my mind the day it was first available for sale by Porsche.

[imcarthur]

You can get the real thing for the same money with similar mileage:

1987 Turbo @ Sloan

Ian

[al lkosmal]

Are we talking Canadian G's or U.S. G's??

[Jeff Alton]

I have see the car in question. Hmmmm..... kinda a waste of money.
See it at www.urbangarage.com

jeff

[Por_sha911]

Do you want to be unique or just have a nice car? If you want bragging rights at the next PCA mtg then go for it. Otherwise save a ton of money and get something else. BTW remember that specialty cars like that one lose their value if you put the miles on them. Its def not a daily driver.

[Schrup]

TURBO TURBO TURBO TURBO

[epbrown]

Originally posted by trader220
Drew, If you Porsche has been a good investment in the past few years you either stole it or inherited it. These cars sans a very few have all gone down in value as the economy has slumped in the past 3 years. The huge majority will never be a good investment except for the ultra rare models.

By the way the American Roadster is way over priced, IMHO.

Actually, I'm with Drew: my mutual funds are just beginning to recover, while my SC is worth more than I paid for it in 2000. As the market recovers, I expect the capital gains to outstrip the SC easily, but for now the Porsche is still ahead.

And personally, none of the "anniversary Porsches" are worth the money people ask for them. Not the 75 silver 2.7 cars, the signature editions, not the upcoming Boxster thingie and not this one. Porsche has always sucked at making special editions - they think cute wheels and one paint color option make the cars worth thousands more, and the folks that fell for it continue that delusion, imo. These models and the 912E are textbook examples of why "rare" doesn't equal "valuable."

Emanuel

[carmaneddy]

IMHO the only porsche models worth a premium are those with improved performance; such as the 356 Carreras. 73 RS and the GT2. Amongst porsche enthusiasts premium comes from performance not bling. I would pass on the America roadster at that price go with a nice RS America and save some money.
Try this link. I dont know if its still available but make an offer on this car. http://www.rsamerica.net/market/larry-o_spec.htm

[mwbaum]

"Drew, If you Porsche has been a good investment in the past few years you either stole it or inherited it. These cars sans a very few have all gone down in value as the economy has slumped in the past 3 years"

My 65 C Cab for which I paid "full value" in 1999 at the height of the stock market bubble...has appreciated about 35% since then.

[Jeff Alton]

Lets see here, I am with you guys. Portfoilio is finally back up after a couple of recent lucky trades.
Porsches- I have had 7. The only one that I lost money on was as 89 928S4. But I made a killing on a 86 factory turbo body that I only had for 3 months back in 98! The others? modest profits. The current one. Never going to get my money back. Waaaaay to modified!

Cheers, Jeff

[K.M.Bogard]

Drew; the same folks that throw rocks at Limited Build Porsche's live to regret it. I'm old enough to remember when the same (type) nay-sayers called the 356 Speedster "over rated Volkswagen's", and the $65,000 '89 Speedsters "overpriced" when they were released. Then the '94 Speedsters were built and they bashed the lack of a Turbo Look Body & 964 chassis. Today, all of the above have approached or transcended six figures now (2x in the case of the 356). I realize this was an old post but, for those reading it today- I'd say BUY or hold on to your investment- the 'American Roadster' was indeed ( and will be) a great car to invest in and the value will excel just like the aforementioned models as magazine articles and the general public comes to realize what just might snuck by them. It was not only a poor publicity campaign (take a look at the orig. brochure) and the fact they were Overpriced new- yeh,- but, you can't change one thing- it's a Limited Build T/L Cab and the T/L Cab's ( and Coupes) are now climbing like a rocket. The original sales price, like the 356 Speedster vs. Cab, will always place them in the lead of the model value race. But, personally, I'd say buy a U.S. Version because everything I have read was the Canadian versions were not actually dubbed "American Roadster's"...and it's the historic version that puts the bite in what some of these folks are calling(in effect) an old dog. Happy Motoring !

[ivangene]

Originally Posted by georgeinhere

if i were to go back to a 993 and had your budget...it would be a 98 c2s.

ja mon !! +1