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Curious assessment, as I've owned four 911s since 2011 and affordability has never really been an issue. But value has as I've netted over $50k in profits from the sales of those previous 911s. Not anything to shout about compared to a good mutual fund over 12 years, but then again, not nearly as boring.
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Not sure I understand the quote…
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Chris 1988 911 Carrera Targa (driving project started JAN 2022) 1970 911E - Long since gone 1972 911 Targa - gone 1987 911 Carrera - gone Retired FA-18C Driver |
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
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1974 914 Bumble Bee 2009 Outback XT 2008 Cayman S shop test Mule 1996 WRX V-limited 450/1000 |
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undervalued member
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look at ol sweet-stump causing a stir by dabbling around some here..
speaking in code he says If you care about the value of your 911, then you can't afford your 911
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78SC PRC Spec911 (sold 12/15) https://www.youtube.com/watch?v=f7I6HCCKrVQ Now gone: 03 996TT/75 slicklid 3.oL carb'd hotrod 15 Rubicon JK/07.5 LMM Duramax 4x/86 Ski Nautique Correct Craft |
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Dr. Phatt Last edited by matt930s; 01-12-2023 at 07:36 PM.. |
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Speaking of values, BaT strikes again: https://bringatrailer.com/listing/1989-porsche-911-carrera-coupe-8/
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Then why are you freaking the fukk out about a 5% delta in the value of SC's ?
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1986 Bosch Icon Wipers coupe. |
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911heaven |
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His post merely pondered the rationale behind the difference in value (this is the Marketplace Discussion Forum), I read no freaking into it. The whole "then you can't afford it" comment is the kind that screams demeaning arrogance. Not sure if that was the intent, but sure comes across that way and adds nothing but smug snark to the discussion. Not everyone on here is sitting on unlimited cash to pay dealership prices for parts and repairs, that is the whole idea behind the forum in the first place. So the idea that maybe you are not welcome because you can't afford it...shaking my head.
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Chris 1988 911 Carrera Targa (driving project started JAN 2022) 1970 911E - Long since gone 1972 911 Targa - gone 1987 911 Carrera - gone Retired FA-18C Driver |
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911heaven |
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Again, the post was wondering why SCs are down in the market, when others or not. Arcadia was not panicking as if he was going to sell a stock that was going down. You really can't see that saying "If you care about the value of your 911, then you can't afford your 911" is some kind of twisted snark? Could the same be said about your house? By extension, if you worry about market value of your house you can't afford it? Did not read anything in Sugar's post about skills and knowledge. Regardless, not sure you are the arbitrating authority on judging if someone can afford the hobby. There is always a way, or it may take more time, but "out full stop"? Disagree. Not choosing sides, just didn't think Arcadia deserved the judgmental posts. I'm out.
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Chris 1988 911 Carrera Targa (driving project started JAN 2022) 1970 911E - Long since gone 1972 911 Targa - gone 1987 911 Carrera - gone Retired FA-18C Driver |
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gearhead
Join Date: Nov 2007
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There goes the neighborhood.
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1974 914 Bumble Bee 2009 Outback XT 2008 Cayman S shop test Mule 1996 WRX V-limited 450/1000 |
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Yeah, the house! That's a more long term and better investment. Still, the cars are good considering...
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911heaven |
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Troll Hunter
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1978 SC Coupe, Gris Argent Metallic Silver 1988 FJ62 Blue/Gray 2020 M2 CS |
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gearhead
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And Bernie is always quick to jump right in with him.
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I think it is just data, and what is selling recently more than a real trend. The market will likely always put a small premium on the 87-89 cars as the "last of..." but a really good SC should still bring good money. Don't get me wrong, it is far inferior to say for instance, an 88 Targa (cough, cough), but still a good car
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Chris 1988 911 Carrera Targa (driving project started JAN 2022) 1970 911E - Long since gone 1972 911 Targa - gone 1987 911 Carrera - gone Retired FA-18C Driver |
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The current crop of cars for sale, good or bad can definitely impact the graphs. I’ve seen similar with the 964’s, lots of pigs with lipstick being sold and buyers are getting more savvy so they aren’t getting the crazy high prices which trends everything down. Many of the really good cars trade privately and never get placed on Hagerty’s list and frankly Hagerty’s insurance prices are so high that they only see a small portion of the market. Even BAT doesn’t see some of the really nice examples as there’s always a handful of buyers lined up to buy the good cars before they make it to market.
I wouldn’t read into it too much at this point. Long term Air cooled cars will very likely level for a bit and then continue their climb, especially as we move away from ICE and into other types of fuel/electric.
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