Quote:
Originally Posted by Kansas
The 3.2s and SCs are currently going for more than they EVER have in their history, and I'm just not sure about buying something at its historical peak. I have talked to several good sources (two of the most prominent Porsche air-cooled mechanics in California and another long time air-cooled Porsche dealer) who really believe that there is a market correction coming soon on them.
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Except when they were new.
Market correction? An '89 Carrera 3.2 was $52k new. Now, almost thirty years later you can get the same car for the same price. Many people appreciate them, and many people (me included) believe that $50K for a nice 3.2 in 2018 is very good bargain.
Aircooled 911s are actually not that high - compared to other things. A 2018 Audi R8 is $170K, a new 2018 911 is $95K plus.
What people fail to see when they say these things is that an aircooled 911 Gbody is no longer a used car - it is a hobbyist, enthusiast collector car.
You ever drive a 993 vs. a 964 vs G-body 911? The 993 is heavy. It's incredibly refined and lacks a personality.
I don't see a market correction. There just aren't enough clean cars on the market at any one time. How many lowly '74 or '75 911 Coupes or Targas are on sale in the world in any given week. 20? 30? I don't think it's even that high.
There will always be buyers at the current prices - and the cars were undervalued for so long that people just got used to it.