Hello everyone- I haven't posted much here in awhile but am now back in the saddle with another 911 adventure. I currently have an 87 Carrera which I love and plan on keeping for a long time.
With the economy being so screwed up now it seems to be a good time to buy another 911, among other things. (Yes I know I'm crazy- the wife tells me that all the time).
I am looking to spend about 15-30k depending on the car, and would like to avoid "molested vehicles" and get a relatively stock car. I don't mind having to rebuild engine or do paintwork on an older one if needed- I can budget for that if its a good price. I just don't want a car with 200,000 miles on it. It would be awesome to buy an 89 speedster but that is out of my budget.
I have been looking at:
1) early 1970's models (S,T,E) up through about 1973 or so, seems hard to find clean one without rust issues.
2) lower mileage SCs and Carreras are still relatively plentiful and seem like a real bargain right now (and have a lot of advantages from a durability/rust/parts availability standpoint)
3) lower mileage decent stock 930's - seem to be some out there with owners strapped for cash asking in the low 30k range - they seem to be slowly getting rarer due to people crashing them, "pimp my riding them", etc. Some of the stock ones have adult owners and have good maintenance histories and documentation
I know these are all VASTLY different choices and its hard to compare apples to oranges.
I believe the market/economy will rebound in the next 2-3 years just like it has before.
Anyone with a crystal ball out there with predictions on cost/relative values of these in five years? I'd like to think that a decent S, and even T/E models could have the most appreciation in five years with a now 25k car being worth 2-4 times that in a few years. I can also see that a 930 might also appreciate like that. This past weekend I looked at a 1973 RS ( only around 1500 of those made I know) at a well known dealer in San Francisco - they were asking 200k for it, it was in good shape, with approx. 70k miles, but more of a driver and not a concours winner in my humble opinion.
Option 2 (the SC or Carrera) would be a different strategy- I have one already so would drive the hell out of one and keep the other more of a garage queen for future sale.
Whatever I get would be more of a fun on the weekend car, not used for driving to work, just using it a few thousand miles a year to keep everything lubed and working.
Thoughts anyone? It would be cool to play around with another 911 for several years and the wife would never give me a hard time about my automotive endeavors if I sold one down the road for 2-3x what I paid.
Currently I'm leaning towards the 930 due to my lack on knowledge on rust repair/welding abilities, diagnostic skills needed to maintain and restore an older one.
Thanks!!!!!!