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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Yeah sure an older 911 is slow by newer car standards, but you still get a ticket for going more than 70 MPH...

An Appreciating asset vs a Depreciating asset.... any newer car is a money loser..the older ones at least have potential as the depreciation curve has maxed out.

And FK you if you think that your precious little car in the garage bay ain't an investment...you gots MONEY tied up in it (sometimes lots of money) and there is a thing called highest and best use of money. So even if you get enjoyment out of it you always have to keep an eye on the money part of the equation.

The question becomes would that money in a cash flow investment make a difference in your life style. If yes then maybe it is time to cut loose.

Why people think that the prices on early 911's is a "bubble" is beyond me? This is really narrowed minded thinking. Early car prices may fluctuate to a degree, but they ain't never and let me repeat never are going to be cheap again. THEIR TIME HAS COME to be appreciated for what they are and that is a all time classic design. Prices are going to continue to rise on those cars as they have a Global appeal. Unless the world economy blows up you will be looking back and be saying, "Ohh I could have bought one for 200K..." I think 300K to 400K is not out of the realm of possibility in the next few years (exactly when are they going to be making an Early S again?).

Early cars were cheap for so long that few (911S) are still in original condition. they are special in the sense that they are light weight agile cars that are pure in their purpose. Later 911's are heavy and ponderous by comparison...
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Old 06-03-2015, 11:44 AM
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