Anyone Else Find Rising 911 Values Discouraging?

[JJ 911SC]

Originally Posted by Doug&Julie

Porsche 911 Soft Window | eBay

$225,000. That's just stupid...

Or save around $50K (after the exchange rate) and get this 930:

Porsche 911 1996 Montréal Porsche Prestige - Groupe Gabriel

['71 911E Coupe]

Yeah I think this goes both ways. Its great to have them rise in value but I look at it the other way too. I restore/own my cars because I love them. That's why I bought them. And I don't see being able to buy another long hood and a 993 (the two other 911s I really want) anytime soon. Guess I am going to have to learn how to be patient and wait for prices to drop or me to learn how to save money.

[Doug&Julie]

Sadly, I think long hoods are "long gone" from my perspective. But I've seen a fair amount of 993s at more "reasonable" prices…like this one...

1995 Porsche 911 993 Carrera C2 Manual Guards Red

[pmax]

Originally Posted by Doug&Julie

Sadly, I think long hoods are "long gone" from my perspective. But I've seen a fair amount of 993s at more "reasonable" prices…like this one...

1995 Porsche 911 993 Carrera C2 Manual Guards Red

Yeah, the long hoods are off for me as well.

When a 911T can be double or triple the price of a much "better" SC, it's just not worth the money to me.

[stealthn]

You still have to wonder when people post stupid high prices, are they A. Jumping on the bandwagon, B. Think their car is the rarest of the rare, or C. Clueless as can be.

Just look at our fir sale forum, there are a couple of prices there I wish I could reply on cough RSA cough

[GT3DE]

The high prices bring out higher prices...hidden and stored and forgotten cars just sitting now may bring a possible winfall and so why not ask for a rediculous asking price. And maybe they sell.
I got into longhoods 2.5 years ago. Got one at 23k. Then another at 36. Latest one at almost 60. All 3 drivers needing work. Thought I'd hot rod one of them but scared to do anything but restore stock - for its "value". I guess that is the part that is pissing me off most about this ever increasing prices.

[RonA.]

Doug,
I bought my first Porsche in 1970. Back then we could buy a used 356 for under $4K, have owned
several 911's including a 68 S, several 912's and several 4 cams including one 756. Am I sad about the rising prices? Yes. Mainly because that cuts off the real enthusiast who appreciates the little things and who is in on a shoestring. I recall owning a 63 2000GS as my only car that had a bad starter bushing so I always had to park it on hills. It was great fun. Looking back I am grateful for all the fun experiences with these wonderful cars. Several that I owned are now in the $250k range and one in 7 digits but it was/is always a hobby for me. I manage assets for a living so always wanted the little cars for fun. In short while it saddens some of us to see these cars out of our reach be glad you have had some fun along the way. Ron in MD.

[Ronnie's.930]

Originally Posted by GT3DE

Thought I'd hot rod one of them but scared to do anything but restore stock - for its "value". I guess that is the part that is pissing me off most about this ever increasing prices.

No offence, but what is there to be afraid of? It's your car, so why not do what you want with it?

I have a 1987 Turbo, and do whatever I want to it (that I can afford, that is)and don't give two ****s about the "stock for resale" concept.

The increasing prices are fine by me as I am not shopping for a 911 and the rise has no bearing on what I do with my current car.

BTW, plenty of people on the 930 forum have the same concerns that you do, so that's definitely something shared by others, but I guess I don't understand it.

[techweenie]

Originally Posted by GT3DE

The high prices bring out higher prices...hidden and stored and forgotten cars just sitting now may bring a possible winfall and so why not ask for a rediculous asking price. And maybe they sell.
I got into longhoods 2.5 years ago. Got one at 23k. Then another at 36. Latest one at almost 60. All 3 drivers needing work. Thought I'd hot rod one of them but scared to do anything but restore stock - for its "value". I guess that is the part that is pissing me off most about this ever increasing prices.

When I want to build a hot rod (and that's just about 100% of the time, BTW), I buy a car that has already lost its original engine. So much for the value/guilt issue. I call it a 'get out of jail free' card.

Just finished a 72 Sportomatic that lost both its engine and transmission before it came to me. Now has a 3.2. Next project is a rolling shell 72 I bought. Came with nothing at all. No worries.

[Patrick3000]

Originally Posted by techweenie

When I want to build a hot rod (and that's just about 100% of the time, BTW), I buy a car that has already lost its original engine. So much for the value/guilt issue. I call it a 'get out of jail free' card.

Just finished a 72 Sportomatic that lost both its engine and transmission before it came to me. Now has a 3.2. Next project is a rolling shell 72 I bought. Came with nothing at all. No worries.

I like this approach for a hot rod and use it as well. One other thing I look for are stalled track car projects that can be brought back to the street without to many modifications. A bonus is that most of the track bits can be sold for .50 cents on the dollar to keep the overall costs in check.

[GothingNC]

Wish I could travel back in time...

I found this in my late uncles garage a while back.



1957 356 Coupe for $900 in 1971 is $5,200 in today's dollars..

Aston Martin DB 4 GT 1963 $2,200 in 1971...

[CountD]

A Maserati Birdcage for $3k.

[gshiwota]

Where's Marty McFly when you need a flight to Switzerland?

[NYNick]

That list makes me seriously sick to my stomach with "if only".

[vracer]

And how much were YOU earning in 1971? With how much to spend on a toy car?

[GothingNC]

VW Beetle in 1971 was about $1,875, $400 cheaper than the Aston Martin.

[christiandk]

That doc is so cool.......**** the money!

[Doug&Julie]

Originally Posted by Ronnie's.930

BTW, plenty of people on the 930 forum have the same concerns that you do, so that's definitely something shared by others, but I guess I don't understand it.

I can't speak for them, but maybe some further insight based on this comment…

Originally Posted by Ronnie's.930

...as I am not shopping for a 911...

I am. I mean, I'm not really at the moment, but all of my life I've been able to "shop" for a 911. It's not a dissatisfaction for the car I have, it's a desire to experience more from the Porsche line-up. So I'm "always" looking for another 911…or just another Porsche. But these rising prices mean there is a very real possibility that the '86 I have now may be the last 911 I'll ever buy. I find that very disheartening.

I do agree with the "it's your car, do what you want to with it" mentality. I think some of the concern for the "value" of our cars going up has to do with replacement if something happens. It's an extreme example, but I guarantee you I'd drive a 918 Spyder differently than I'd drive a stock Cayman. I only paid $18k for my 911, but I'd be a different driver if I knew it was "worth" $100k. That may not be right, but there it is...

[Ronnie's.930]

^^^ Good points,Doug. My car behavior/experience is much different than yours. I'm 46 and have only owned 7 cars/trucks in that time (most of them inexpensive beaters), and have never bought a new one (other than one new Ducati many years ago, but that's obviously not a car). And my 930 is the only 911 I have ever owned (or driven, for that matter). I have owned two other Porsches, two 914s when I was in my early to mid twenties, but that is the extent of my Porsche buying experience. In other words, I almost never buy, or shop for, cars - I hold on to whatever I've got for decades, it seems. The only other Porsche I would possibly want to replace my current one with is a 993 GT2, and that is out of my reach, so I don't even consider it.

Very good point about replacement cost; if my car was totaled or stolen, I would not be able to buy the equivalent even with a realistic insurance payout, so I definitely agree about that.

Also, if I did not already own my 930 (bought it about 7 years ago), I could not possibly buy one now, so I definitely understand that angle.

I do not understand, or agree with, the "stock for resale value" concept simply because I do not think like that since I do not frequently buy and sell cars. I buy, I keep, and therefore do not care about resale value. But even if I did care, I would still modify to my heart's content, as that is what these cars are all about, to me.

[JJ 911SC]

40K for an 85 is getting close to/above the 993 price.

I did not think a kind of low mileage would command that much of a premium.

need help on pricing an 85 Targa with 49,000 miles