Anyone Else Find Rising 911 Values Discouraging?

[Doug&Julie]

Originally Posted by Ronnie's.930

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.

I hear ya. I think, in the collector world, originality is king and will always bring the best value. And when prices go up, people can't help but think about their cars as investments rather than fun toys. But I'm with you (even if I joke otherwise), and I plan to keep my car for a long time, and I don't plan to keep it "stock".

Originally Posted by 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.

Yeah, I see it in every level of 911…remember when the 964 C4 was the ugly duckling of the 911 world? Well evidently we're over that…

Cars for Sale: 1990 Porsche 911 Coupe in PORTLAND, OR 97209: Coupe Details - 378150994 - AutoTrader.com

[SilberUrS6]

WOW, that's a really optimistic price for that car!

I was just thinking back three/four years ago - 964s like that were trading hands in the low to mid teens. LOL.

[black_falcon]

Originally Posted by Doug&Julie

Yeah, I see it in every level of 911…remember when the 964 C4 was the ugly duckling of the 911 world? Well evidently we're over that…

Cars for Sale: 1990 Porsche 911 Coupe in PORTLAND, OR 97209: Coupe Details - 378150994 - AutoTrader.com

And rightfully so. I remember when I drove my first 964 back in 2012, didn't make it two blocks before I said "holy chit this car is amazing and very underrated". Given the prices of 993's, I see no reason why the 964 shouldn't be in the same ballpark. Similar mechanics, built in smaller numbers, traditional raised headlights, etc.

That '90 Baltic Blue is stunning, hell I even like the D90's. I think it's been listed a few months now, but someone will eventually grab it.

[bonzer5]

I dig all the points about the 80's and 964s. It's all about perspective. So ya, the long hoods can be discouraging, but those 80's SCs and Carreras and 964s get a little breath of life now that it's worth the bottom line to do those engine rebuilds and restorations because of what the cars are worth.

It's all about perspective. This doesn't matter know, but I'm thinking in 10 years what would you want when all cars are "drive by wire" and PDK? I would want the closest connection to the road possible, better yet an air cooled connection!

[Doug&Julie]

Originally Posted by SilberUrS6

WOW, that's a really optimistic price for that car!

I was just thinking back three/four years ago - 964s like that were trading hands in the low to mid teens. LOL.

Well…examples like that were never trading for low to mid teens. But yes, I bought my 964 for $11k. Granted, it was high miles (around 150k) and "needed a little work" (PPI came with a $12k bill if I did everything on it). Cars like this were in the mid-high twenties, I'd say. And they are great cars. Their values evidently just skipped the $30k range and jumped right to the $40ks!

[SilberUrS6]

Originally Posted by Doug&Julie

Well…examples like that were never trading for low to mid teens.

Actually, yes they were. I drove two of them. I could have had one for 13.5 and the other for 16. Maybe lower, if I were very charming with the negotiation.

But then again, I could have had an RSA for high 20s and a 965 in the 40s.

Ahhh, where did I put that time machine....

[Doug&Julie]

Originally Posted by SilberUrS6

Ahhh, where did I put that time machine....

Tru dat, yo…

Might be an interesting topic for another thread…"Shoulda / Woulda / Coulda - What Regrets Do You Have in the Porsche World".

[SilberUrS6]

Originally Posted by Doug&Julie

Tru dat, yo…

Might be an interesting topic for another thread…"Shoulda / Woulda / Coulda - What Regrets Do You Have in the Porsche World".

Are you kidding me? I have about a dozen. I'll give you another one that I have told elsewhere:

My cousin's husband was selling his SWB 912. A little surface rust on one of the front fenders, but that was it - even the headlight buckets were good looking, and the battery area was clean! It drove well, and the suspension was good.

$8500. Why did I pass it up? I didn't have a place to put the car.

[facepalm]

[Doug&Julie]

Around 2000 - 2001 (ish) a guy with a solid driver '68 911 was offering it up for quick sale at $7500. I could have paid cash for it. But I had a '72 and thought two old 911s would have been silly…smh...

[SilberUrS6]

Originally Posted by Doug&Julie

Around 2000 - 2001 (ish) a guy with a solid driver '68 911 was offering it up for quick sale at $7500. I could have paid cash for it. But I had a '72 and thought two old 911s would have been silly…smh...

Damn.

I have a dozen stories of "the one that got away", and only one of them was due to not having the right amount of cash at the right time. All the rest were for stupid reasons.

[wgwollet]

I bought a new ��1967 Corvette Convertible for $4,200 on 12/03/1966.

[wgwollet]

Oh, and I made $3.24 hour working for GM in 1966.

[Doug&Julie]

Originally Posted by SilberUrS6

...All the rest were for stupid reasons.

Yeah…me too.

[pmax]

Another data point ... well sorted but higher mileage SC appears to have sold easily in the mid 20's

FS 1982 Porsche 911SC

[techweenie]

Originally Posted by Doug&Julie

Tru dat, yo…

Might be an interesting topic for another thread…"Shoulda / Woulda / Coulda - What Regrets Do You Have in the Porsche World".

I was visiting a friend in the Bay Area in '06 and he had a car under a cover in the front yard. Said 'look at this!' It was a white RS with red stripe. He needed $72K. I a.) didn't have it and b.) couldn't imagine tying up that much money in one 911.

[ASD]

there are a million of us who coulda and shoulda. I for one worked at a Volvo dealership, we traded in an 80 911 for 5000. Also a not sure what year 356 for 11000. This is like 15 years ago. But also there was a Mustang GT fastback / shaker hood early 70s for 6000 on our lot. Jeez. If I knew then...

[Jrboulder]

On the surface, the rising values piss me off. I probably would have blown through my 912E then a couple of 911s and and I'd still be bouncing around between junky project Porsches as I get bored with them. But in reality it's just made me hold into the car I already have and actually put in the time and the money to make it what I want.

[1975porsche]

Here's a thought for you my 1975 911 S sold in 75 for approximately $14,000 the house I live in at the same time 1975 sold for $34,000 the same Porsche now that I own would sell between 15 and 20 and the same house I live in between six and $650,000 ,with that thought the new 911 should be around 300 to 350,000

[wally509]

Wow, I think you picked the right house. The house I grew up in my parents moved into in about 1974 and they paid $30k for it IIRC. The current owners just took it off the market after a year of trying...couldn't even get $300K for it.

From what I see, 10x is more like it, which would make the 911 more like $140k. Not that far off.

[JJ 911SC]

Its all about timing/location...

When I was a kid my father bought half of a duplex for 7K and sold it 72K 5 years later.

That is 6 times and will probably never see that again in my life because I started at 200K

After 18 years my house is at 3 times but would probably max out at 4 times when ever I leave feet first...