Thread: Appreciation
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trader220 trader220 is offline
Former Options Trader !!!
 
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
I've owned somewhere north of 30 air cooled 911's over the past 30 years. I have no idea what my net is on the lot but I can assure you even with the nice appreciation I have had on a bunch in the last 5 years I am still in the red.

But... I bought a 36k mile RSA in 1999 and sold it in 2000 for the same price and I put 6k miles on the car. I bought a 94 Speedster in 95 and it was stolen in 97, USAA paid me what I had into the car including my tax. In 2002 I had an 89 RUF modded turbo in a stunning shade of Moss Green. Sold in 2003 for a slight loss for around $35k. I had 2 993 C4S's and 1 993 C2S all in the 2000's. Probably lost money on those. One I kept 2 years and 25k miles. An assortment on 964 coupes. 1987 to 89 Carrera's I probably owned around 15, a mix of coupes and targa's, never a cab. The real bummer is I sold off most of them long ago and then almost all of the balance in 2010/11 when I got divorced. I also bought a few in 2012. I bought a nice 87 Targa with 65k on it for $25. 18 months later a lady rolled a stop sign and t boned me. Cop saw the whole thing, her insurance company paid me $46k for it. That was a good one.

I agree they probably will sell for more in 5 years. That still does not make them a good or even decent investment. The real value is in buying one because you want one and can afford it. If it hold value or increases, thats a bonus.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
Old 07-19-2018, 12:55 PM
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