Is the 911 Super Carrera the next Big Thing?

[belly dancer]

There seems to be a growing interest in 911's of the late '70's and '80's
as reflected by recent private sales and salivating coverage by industry publications.

I recently heard of a German SC going for $55,000 US,
and a veteran collector recently told me, "The 911 SC will be the next big thing".

Maybe we should get in on the ground floor.

[gliding_serpent]

They are sll going up. Sc and 3.2 production numbers were too high for the big money... But they are not a bad investment either.

[Oh Haha]

I didn't buy my SC as an investment but it's nice to know I could probably get more than I paid after 14 years.

EDIT--like others, mine is driven like the good doc intended but maintained. It isn't a garage queen by any means and I like it that way.

[chrisbruck]

Till mine crosses the $50k mark it's getting treated like a regular car... driven in the rain, parked next to the soccer moms at the grocery store, kids can eat snacks in it... it's part of my daily life so going to enjoy it as such!

[merlinfe]

There was no "bad" 911. Just buy the one you can afford and drive it. Looking at these cars as an investment is taking away the very thing that made them great in the first place, which is to say they were excellent drivers cars and deserve to be driven.

-Steve

[ROW911SC]

I've had my '81 ROW Targa since '86. Second owner w/ 65K original miles. Just had a glass-out respray + SSI backdate and Hagerty recently quoted me $54K for a Condition 1 car. Selling? No way...

[doublebuffle]

If you check out the "Marketplace Discussion" forum here you will find that many people agree this is already happening. "The $xx,xxx dollar SC/3.2/etc is here!"

[78SCRSMAN]

Originally Posted by LenS

I've had my '81 ROW Targa since '86. Second owner w/ 65K original miles. Just had a glass-out respray + SSI backdate and Hagerty recently quoted me $54K for a Condition 1 car. Selling? No way...

Pffft! Well if someone offers me $54K for mine... SOLD!

[77Targa0912]

Too many made

[86 ssinit]

Not so sure on to many made. Just looked at the Simon site and production numbers for 1970 worldwide was about 15,000. Numbers for 1983 were around 13,000 and in 1986 around 15,000. For the latter years that's not including turbos. Are these numbers correct because those are very low numbers when you consider the numbers made of any american sports cars.

[bhmkv]

I'd sell mine today for 40k...... any interest.

[Tspringer]

I would say that both SC's and 3.2 Carrera's very well may be the new flavor of the month and values could skyrocket further and faster.

It would not surprise me to see these cars selling for $250K+ within 3 years.

For several years now the air cooled 911 market has been in an all out frenzy. The majority of buyers (despite what they may be telling themselves and others when attempting to justify purchases) are buying these cars as investments. That is what they are now - speculative investments.

Very few players in the market today have ever seen a collector car market that reversed and crashed. The general consensus is that values can only go up and any delay in purchasing an early 911 ( or any air cooled 911 ) merely means a lost opportunity for gain and having to pay far more for the same car later. It's " Buy now - RIGHT now - or else! "

The current market is completely driven by fear. Currently, the fear of missing out on soaring values is trumping the fear of losing your butt as values crash. I expect this to continue, possibly for some time. Early 911S values for very nice and correct cars could exceed $1 million within the next couple of years as the investor frenzy gains momentum.

How this ends is no mystery. Those of us who were playing with old Ferrari's, Jag's, Healey's and other European collector cars in the late 1980s to early 1990s have seen this movie before. But like any speculative investment bubble, timing how fast and far it will grow is all but impossible.

[93nav]

"But like any speculative investment bubble, timing how fast and far it will grow is all but impossible." +++++1

[74-911]

Originally Posted by 93nav

"But like any speculative investment bubble, timing how fast and far it will grow is all but impossible." +++++1

But it's different this time......

[ASD]

I don't see 64-67 Mustangs going down much in price and there a lot more of them made than 911sc.
If you call it a bubble you might miss out.

[88coupe]

It's a tough call. The Hagerty value chart for classic 911's was fairly flat until the giant spike in 2013-2014. It looks to be still rising but I can't see it keeping this pace. Once the entry price gets high enough the amount of potential buyers decreases.

I'd love to make money with my car, but that would involve selling it.

Ughhhhh. All this thinking requires more beer. Cheers

[2cam]

Originally Posted by Tspringer

I would say that both SC's and 3.2 Carrera's very well may be the new flavor of the month and values could skyrocket further and faster.

It would not surprise me to see these cars selling for $250K+ within 3 years.

Early 911S values for very nice and correct cars could exceed $1 million within the next couple of years as the investor frenzy gains momentum.

Not a chance. Name another car - any car that has had a production run of 10,000 plus units that is pulling that kind of coin. It hasn't happened. Anything that brings those kind of dollars have production runs in the triple digits or less. Essentially there isn't enough supply to keep up with the demand in those cases.

2cam

[Starless]

From Paul Frere's Porsche911 Story: 1978-1983 SC, 57,972 made. 1984-1989 Carrera, aprox. 85,000 made. That's quite a few, but how many unmolested ones are left?

[Pstallo]

I think a lot of the early 911's are being put in collector garages and will continue to disappear from the market just like the 356's. As they become harder to get, their price will exclude many people from buying them and they will look for the next most affordable option which will be the SC and the 3.2.

I don't think SC's and 3.2's will reach the prices of the pre-impact bumper cars (and certainly not the 356), but I definitely think they will go up in value.

In fact, that's exactly why I bought a 3.2. I always wanted a 356, but by the time I had any disposable income I was squeezed out as the prices skyrocketed. The older 911s looked great but I didn't have a $65,000+ budget. The 3.2 has classic looks, power windows, A/C (theoretically), and made me a Porsche owner.

[Humdaddy]

A new turbo S is almost $200,000. In about 4 years it'll be worth about $80,000. For only 25% of that you can buy the original. In three years it might be worth 3x that or it might retain the current value. Such a bargain.