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I think we had a drop in 911 prices for a while, but barring a really serious dip in the economy, I don't think they are going to go back to gift prices.
The Boxster is the new entry level Porsche. The 911 is an iconic classic with a lot going for it. Absurd prices aside, this is the new market. Some people may still be struggling, but there are plenty of people with real money. There are only so many air cooled cars in the world.
Even the lowly Fiat Spider is rising in value. Don't forget, the 74 911 is emissions exempt in California, no matter what engine it came with. That means PMOs and twin spark heads if you wish.
Crazy pricing of a few cars on the National market only makes a 40,000 dollar car seem more reasonable. People who paid good money for good cars before the recession have hung on. They are unlikely to give their cars away now.
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