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Troll Hunter
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I think there was LSD in my lunch...
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1978 SC Coupe, Gris Argent Metallic Silver 1974 2002 Tii Polaris Silver 1988 FJ62 Blue/Gray |
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09-14-2015, 12:41 PM
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Join Date: Sep 2001
Posts: 439
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Well, you see, they aren't making them anymore, so
That Forest Green/tan is pretty sweet though. Not half-a-milly sweet, but a beautiful and unique combo. |
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09-14-2015, 12:54 PM
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calmer than you are
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It's the beginning of a new trend in sales negotiations. Here's a 550 REPLICA listed for a mere $5.2 million.
The negotiation tactic comes to light in the first sentences of the ad copy... "$5.2 Million is what collectors would expect to pay for a peace of racing history like this. Yes, we would love to sell it for $Millions, but we know that's not going to happen. However, if you're a Spyder enthusiast and would like to own this stunning and accurate Hand made Spyder Clone. We are now accepting reasonable offers." WTF?
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'03 996 Turbo X50 Past: '89 928 GT '86.5 928 S |
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09-14-2015, 03:17 PM
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
Posts: 19,394
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All 993 Turbos have an LSD but they wear out really quickly and need reconditioning after 35-50k mi...
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1974 911 Restorod 1974 914 Bumble Bee 2004 40 Jahre 2008 Cayman S Mule |
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09-14-2015, 03:32 PM
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Join Date: Aug 2015
Location: Scottsdale
Posts: 67
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 Might as well buy a Warhol or Picasso.....easier to store and you wouldn't be driving them anyway
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09-14-2015, 07:54 PM
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Join Date: Jan 2014
Posts: 88
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That's a lot of Turbo S on the market all at once. You get the feeling the 993 Turbo market has peaked and sellers are cashing out.
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09-14-2015, 09:20 PM
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Registered
Join Date: May 2006
Location: Ohio
Posts: 711
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^^^
There are 43 993 Turbo's currently on eBay. Prices are all over the map. All of the one's in the OP have been repeatedly re-listed for months. Not a great time to be selling a TT.
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1996 993 Coupe, Tiptronic, Polar Silver 1977 911S Targa - Sahara Diamond Metallic - Sold 1975 911S Targa - Copper Brown Metallic - Sold |
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09-15-2015, 04:19 AM
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Registered User
Join Date: Sep 2001
Posts: 439
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Meanwhile, back in reality...
Nice 38k-mile TT, topped at $121k in the first genuine no-reserve I've seen in a while that wasn't closed prematurely. (Granted, started at $119k.) Last edited by Skwerl; 09-15-2015 at 07:24 AM.. |
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09-15-2015, 07:18 AM
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Registered
Join Date: Aug 2015
Location: Scottsdale
Posts: 67
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Yes, reality is starting to set in.....also look how many 930 turbos are out there for sale at prices highly speculated. The market is starting to speak....as I have speculated recently, it will be interesting to see how long dealers speculate on these prices and keep the cars on their lots.
With these numbers we are experiencing more supply than demand. |
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09-15-2015, 07:42 AM
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Join Date: Sep 2001
Posts: 439
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I'm curious how dealers' books work. It seems like it would be in their best interest to sell at a lower (market correct) price and move inventory rather than wait on a sucker for months, who may never come at all. It's a lot of dollars to be tied up.
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09-15-2015, 08:03 AM
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Registered
Join Date: May 2006
Location: Ohio
Posts: 711
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Quote:
I agree that's a much more realistic price - but the bid history seems odd. Only two different bidders on a no-reserve TT? That says a lot right there about demand. And the last minute bidder let him/herself get beat out by $100 with still 5+ minutes to go? Seems weird.
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1996 993 Coupe, Tiptronic, Polar Silver 1977 911S Targa - Sahara Diamond Metallic - Sold 1975 911S Targa - Copper Brown Metallic - Sold Last edited by 2ndTARGA; 09-15-2015 at 08:13 AM.. |
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09-15-2015, 08:10 AM
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Join Date: Sep 2001
Posts: 439
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There would have certainly been more bids if it had started lower.
Also, not that this auction is necessarily the bellwether of the whole market, but part of the beginning of price deflation is smart buyers waiting for prices to settle or drop further. Seems reasonable given that, like you said, there are 43 for sale at the moment, and that's just eBay. Last edited by Skwerl; 09-15-2015 at 08:52 AM.. |
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09-15-2015, 08:27 AM
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Registered
Join Date: Mar 2004
Location: Vancouver bc
Posts: 4,315
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buddy just sold an S last week.
absolutely perfect car. low mileage. well south of 400k |
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09-15-2015, 09:07 AM
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Registered
Join Date: May 2006
Location: Ohio
Posts: 711
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But wait, just 11 months ago there was supposed to be no end to Turbo appreciation:
Quote:
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1996 993 Coupe, Tiptronic, Polar Silver 1977 911S Targa - Sahara Diamond Metallic - Sold 1975 911S Targa - Copper Brown Metallic - Sold |
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09-15-2015, 09:41 AM
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Join Date: Sep 2001
Posts: 439
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"They simply aren't making ______ anymore"
This is always my favorite line. |
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09-15-2015, 09:49 AM
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Registered
Join Date: Mar 2004
Location: Vancouver bc
Posts: 4,315
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these are "skimmer" type ads.
one cannot deny the unbelievable appreciation in values for these cars. |
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09-18-2015, 10:04 AM
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
Posts: 19,394
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Quote:
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1974 911 Restorod 1974 914 Bumble Bee 2004 40 Jahre 2008 Cayman S Mule |
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09-18-2015, 01:50 PM
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Join Date: Sep 2001
Posts: 439
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Got a chuckle out of my email this morning:
 "Hmmm...this car isn't selling for some reason. I know, let's raise the price!" |
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09-19-2015, 10:11 AM
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Join Date: Mar 2004
Location: Vancouver bc
Posts: 4,315
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link to the S that Alex just sold:
Eurosport Imports Ltd. |
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09-23-2015, 03:09 PM
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Registered User
Join Date: Sep 2001
Posts: 439
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Quote:
The reserve may have put a damper on things, but still. Last edited by Skwerl; 09-23-2015 at 06:47 PM.. |
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09-23-2015, 06:42 PM
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