Classic Sports Car Bubble — Buying Vintage Cars
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You can make almost exactly the same arguments regarding the Porsche 911 Carrera 3.2, which sold in unprecedented numbers during the Eighties and which can't stay in front of a Toyota Camry V6. Yet air-cooled 911s, even the crummy ones, are currently selling for unheard-of prices. Ten years ago, I passed up all sorts of 911SCs for 11 or 12 grand. Those same cars are now selling for $30,000. Carreras with the G50 transmission are doubling that. And if a 1984 Porsche with 100,000 miles on it is worth 60 grand, surely the Ferrari from the same era is worth more.
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...and this one.
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So the old saying might be right: You can't pay too much for a Ferrari or an air-cooled Porsche. You can only buy it a little too soon.
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I'm glad I got mine in 2012, juuuust predated the rise.
