Quote:
Originally Posted by QueWhy
Any SC that runs and has a clean title is going to be above your estimate. At $18-23k it wouldn’t last an hour, the value of its parts surpasses 20k. Rollers are 8-10k and 3.0l engine are 8-10k, doesn’t take much to get into the mid 20’s.
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I agree with you, my estimate was on the low side. So your comment reiterates my estimate on the SC that was sold. If a decent SC sells for mid 20's or above then it would not take much more to be above the mid 40's once you start adding full paint jobs, suspension, wheels, full interiors etc..etc..
I understand that many can't seem to wrap their head around some of these sale prices. I get it, I was one of those people. My first 930 was $43k (which I thought I overpaid) with all the goodies. Heck my first 85 911 was $15k back in 95. Problem is times have changed and we must accept that. Although prices have cooled somewhat, waiting for prices to come back to pre 2011-2012 values may not happen.
I had a 66 Alfa Giulia Sprint Gt that I paid $39k for. The quality and build of the Porsche is much better. I had the Alfa for a year and sold it very well (wish I had kept it though). It's not just Porsche's with the rising value. Many classic cars are finally getting their recognition.