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Now in 993 land ...
Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,892
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A guy I know here who isn't really a car guy at all bought an early turbo to the tune of 150k as an "investment". DINK in his late 40s in the Silicon Valley. This guy also bought bitcoin and whatever else is "hot" at the moment. He is looking for places to put his money to make some more.
My point is that there is serious speculation aspect to this. BAT is a great place for the non-enthusiast to go just place a bid. Cars are well documented and the audience helps with dissecting it. I can totally see why someone like the above will buy from there and just hope that the market increases will take care of any premium they paid.
It pains me that my 993 is now worth enough where my wife refuses to drive it to work. I still run it through the motions, but am concerned about cooking it in the sun for the day etc. - something that wouldn't have crossed my mind when I bought it 12 (!) years ago at the bottom of the depreciation curve.
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97 993
81 SC (sold)
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