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I paid $21,000 in 2007 for an '86 Carrera with 85k miles. The market was fairly strong at the time, but not crazy. A modest 6% annual increase puts me at $45,000 today. 6% is a healthy rate of appreciation, but does not warrant terms like crazy or insane. The real value seems high relative to history, but I think most people loose some perspective of how much values move over time.
An increase of 5% today is a $2,200 more next year. Inflation alone will push prices over $50k for an 'average' 911 in not too many years. Go look at the price of a TR6 or some other ubiquitous vintage British sports car, and all of a sudden 911 prices will seem more reasonable.
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Greg
86 Coupe (stock - pretty much like Butzi designed it) - gone, but not forgotten
65 Ducati Monza 250 & 66 Monza Junior (project)
"if you are lucky enough to own a Porsche, you are lucky enough"
Last edited by gregwils; 07-17-2020 at 06:29 PM..
Reason: spelling
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