Quote:
Originally Posted by McLovin
In a perfect world, though, I'd have a nicely set up, unmodified MFI 72 or 73, and drive that sucker every day. Unfortunately, I've been priced out of that market, probably forever.
The price of all the 89 and earlier 911s have really gone through the roof in the last year. It's weird. I've never seen 911 prices jump like this in the 25 years I've been buying, selling and owning Porsches.
I bought my perfect condition '88 for $16K a few years ago. It looks like it's a 25K car now. It doesn't look like you can get an under 90K, original, no stories G50 car for less than mid/low 20s anymore (or, at least, it would be a lot harder than it was even a year ago).
And the prices of early cars (pre-74), wow. I just can't believe the asking price on so many that I see advertised these days, for just "ordinary" stuff (halfazzed modified '70 T, etc.) It seems like asking prices (it's hard to verify actual selling) have pretty much doubled in the last 2-3 years.
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My big problem with early cars is not the prices, (although they suck), it's the fact that there are never any good ones for sale anymore. At least not in any public venues. Early cars have been steadily sucked out of the country for 10 years now and what's left is schit. All I see on eBay is 2nd and 3rd rate restored cars for crack-smoking prices. Just shiny junk, the scraps of what's left of the hobby. Original paint, unmolested low-mileage cars are non-existent in the marketplace and they used to be very common. A large percentage of Porsche owners historically have kept their cars garage queens.
My interest has shifted to newer 911s because they are better cars and under-valued rather than over-valued in the market place.
