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-   -   Will there be regrets? (http://forums.pelicanparts.com/porsche-911-technical-forum/854534-will-there-regrets.html)

Shaun @ Tru6 03-05-2015 08:53 AM

Quote:

Originally Posted by Ronnie's.930 (Post 8516898)
The whole concept that we as the current car owners should preserve the machine for the enjoyment of the next owner who might be a "stock only & low mileage nerd" guy, seems upside down and backwards.


EXACTLY!

Someone wants me to preserve my car for a garage queen owner who has a few shares in the Q-Tip company?

No thanks.

Matt Monson 03-05-2015 08:56 AM

Quote:

Originally Posted by j911brick (Post 8516243)
Yes they are are, and that is a good point. But I'm not sure its the same thing. You dont see people taking a good 356B and cutting it up to make it look like a pre A car. I think most the outlaws are made by people who dont want to spend the big money on a real restoration. But I could be wrong.

Do you have any idea what an Emory outlaw or a Polo engine run? Guys are spending 6 figures making Bs into outlaws.

There's a seat for every arse. I think some people will worry about the value of their SC and resist modifying it. Others will continue to go balls to the wall with their builds.

I think part of it is demographic. A guy who bought an SC because it was his high school poster and drives a Camry or Cherokee to work every day won't want to ruin his "investment". A guy who drives a brand new Panamera or Cayenne S to work every day and has a couple toy cars will write a check to TRE or TLG or Aase and say build me an RS replica because I can "only" afford a low 6 figure car and not an actual 7 figure RS. That latter guy might also have a dead perfect concours SC at the same time.

rfloz 03-05-2015 10:40 AM

FYI, there is an actual forum here for the investors, speculators, flippers and other Philistines: Porsche Marketplace Discussion - Pelican Parts Technical BBS

Perhaps this thread belongs there?



Edit - Yes my T/L is modified and is driven, auto-crossed and even, the horror, tracked. Live with it.

tirwin 03-05-2015 11:03 AM

We've probably kicked all the farts out of this dead horse anyway...

Ronnie's.930 03-05-2015 12:13 PM

^^^^

http://forums.pelicanparts.com/uploa...1425589956.gif

gtc 03-05-2015 12:52 PM

Quote:

Originally Posted by tirwin (Post 8517114)
We've probably kicked all the farts out of this dead horse anyway...

Well said.

j911brick 03-05-2015 05:46 PM

Quote:

Originally Posted by SpyderMike (Post 8516649)
Actually you don't in many places. And if you do, it doesn't need to be a Porsche.

The house consume a much greater amount of financial resources over a greater amount of time and affects a greater amount of people (family) than a car. When cars cost as much as houses (relatively), then people start to think of the investment aspect. Wouldn't you agree?

Living in SoCal I imagine the value of a house vs car is quite a bit different than most other places in the country where a house only costs a third what is does in SoCal, but car prices are about the same.

j911brick 03-05-2015 05:54 PM

Quote:

Originally Posted by Mitch1 (Post 8516521)
Just my opinion. I think the long hood conversions values will be totally determined by quality of build. Unless we see outrageous prices for SC's in a few years I doubt many people will regret the conversions.


Supply and demand. If people keep building longhood conversions then supply will increase, values will go down. When the fad subsides supply will increase, values will go down. One of the trends that I have seen with many collectables is that when replicas are made, prices for the originals go down as well.

j911brick 03-05-2015 06:00 PM

Quote:

Originally Posted by Sicklyscott (Post 8516731)
I have been contemplating this for a while. I was on the path to do a full backdate on my '80 SC primarily because I love the look of the '73 RSR cars. My 911 already wears turbo fenders so the originality of it is not there. But the more I look at the market and understand buying patterns the cars from the '80s will become VERY popular when the generation that sought after them in the '80s hits their 50's. For example someone that went to high school in '85 would be 48 years old today. They probably are paying for their kids education, still have a mortgage, etc. Once those items are paid off they'll be looking for that ever so sweet ride that brings them back to their "prime days". That will be when you see the values of the impact bumper cars peak.

You are exactly right about that. That is why you almost cant give away a pre war car now. Soon all those six figure Mustangs will be going for bargain basement prices.

porsche0nut 03-05-2015 06:21 PM

I think we've all had this debate with ourselves. My 911 is in excellent shape, the interior is in fantastic condition for a car with 145k, the body is beautiful, original paint blah blah.... but the joy I get from driving it far outweighs the joy I get from looking at it (which I still enjoy) or thinking about its value. So I drive it hard, not worrying about mileage. I take care of it, I track it, I update components, change out stock pieces and sell them, and I never look back as I grin ear to ear, engine screaming all the way to redline.

j911brick 03-05-2015 06:43 PM

Quote:

Originally Posted by lsf911 (Post 8516469)

On this line, I have a question. If you owned an impact bumper car that was "updated" 12 years ago to look like a 964 and was in very nice shape (high miles), would you... a) leave it alone b) backdate it, or c) put it back to stock?

Today, I would probably put it back to stock. A few years ago probably would have built an IROC or 935 replica.

SD Swede 03-05-2015 07:25 PM

Fwiw...bought a '67 VW bus for $1,500. Made it nice (cheaply) and drove the sh*# out of it for about 15 years. Sold it for $34K year and a half ago...no regrets! Those funds were used to take a '78 SC, in less than fair shape, and morph it into a ridiculously fast, great looking hot rodded RS envy. Sold that this week for close to twice that...no regrets! Now I will buy a pre-74 911, like I wanted all along, and will hot rod that too, mildly, nothing non-reversable, but set up the way I LIKE IT...and I will, for SURE, have no regrets!
I don't play poker when I'm in Vegas...I play Pai Gow. I get hours of entertainment without loosing or winning, oh and free drinks the whole time! If you can find a way to enjoy the journey and in the end break even its all good! If you come out ahead so much the better. :p

fintstone 03-06-2015 08:51 AM

While I bought my cars to drive, both are absolutely perfect and one (an '89) is bone stock. The second (a '74), looks stock but has a hot rod 3.0 and some other almost invisible upgrades like stiffer torsion bars, 7 inch wheels and sport seats that were an available option that year). I kept the original parts except the engine. I personally prefer the stock look and most changes are easily reversible. Even though I bought the cars to drive and never thought of them as an investment (much like my home), I would hesitate to spend a lot of money making them less valuable. Some day, either I...or one of my heirs will sell them. If I want a different car, I will buy it or build it from an already modified or less well preserved example. Also, it almost seems sacrilege to cut up a perfectly preserved 40 year old car.

The Singer cars are different because they are built for folks with stupid money who could easily build a bonfire with $200K and really not impact their life. That is not me.

tirwin 03-06-2015 08:56 AM

Yea but mere mortals who can't afford Singers still try to emulate Singers. And Singer is just one example -- just look at the hotrod and outlaw builds on here. It is more than a few.

Damn there was another fart left after all...

j911brick 03-06-2015 10:57 AM

Quote:

Originally Posted by tirwin (Post 8518455)
Yea but mere mortals who can't afford Singers still try to emulate Singers. And Singer is just one example -- just look at the hotrod and outlaw builds on here. It is more than a few.

Damn there was another fart left after all...

I personally dont get excited about Singers, but I'm helping build a replica right now.

frosty2 03-06-2015 11:56 AM

I have a 73t that the PO updated to look like a mid year and now need to decide whether or not to spend the money to change it back to a long hood some day.

Matt Monson 03-06-2015 12:31 PM

Quote:

I have a 73t that the PO updated to look like a mid year and now need to decide whether or not to spend the money to change it back to a long hood some day.
Worth every cent of taking it back.

scarceller 03-06-2015 12:40 PM

If you have something very special made in limited quantities you may not want to alter it. Like a RS, M491, RS America, early turbos, ... then it may be a costly decision but for cars that have 1000s in production numbers it most like won't matter much what you do. Make it to fit your taste and enjoy!

tips 03-06-2015 10:22 PM

not a fan of backdating regardless of the impact on value. You either buy the real thing or stick to what you have. Its like putting a 600 badge on a v6 merc.

Singers could only hold some value if Singer themselves manage resale which looks like its doing so far. I know theyre booked for a number of years to come. Love everything about them except the backdate part and oo yea the price tag too.

DanielDudley 03-07-2015 01:16 AM

Quote:

Originally Posted by Bergo (Post 8516875)
Lots of cars out there that are unoriginal. I picked up a '74 that had been converted to a turbo look. Not afraid to modify the car.

If you're going to backdate a car, probably easy enough to find something that already has some modifications done to it.

Mine is lightweight and far from pristine, but mechanically it is a beast. If you have to ask the investment question, you probably already know what your answer will be.


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