Thread: Depreciation
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sammyg2 sammyg2 is offline
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Quote:
Originally Posted by Deschodt View Post
I wish you were right - well you may be, that depends on your definition of near-reasonable, but I fear the increase in publicity over those cars (the Magnus, Emory, Luftgekuhl, Rennsport etc..) created even more awareness and the internet facilitated a worldwide demand, and the supply is a fixed number.. I agree with you that those prices don't make sense on fun/$ ratio, but I fear they're not going back down to pre-madness levels... Ever... Maybe from stratosphere to troposphere (yes I looked it up)

In my book it's worse for 356s. Having sold mine and kinda sorta wanting one again, I don't see the logic of $100K for a 356SC. It's adorable, but not 100K adorable... At least the 911s go a little faster and louder... Honestly I'm a little bitter/annoyed that I've been priced out of my hobby at this point (alfa, porsche, BMW, Mercs, anything from the 60s/early 70s is now 4x what it was 5/10 y ago)
Agreed, I doubt we'll ever see 911SCs for $12k again or mid-80's carreras for $18k.

But I don't see how SCs can realistically stay in the $35k range either. no way.

I'm hoping that decent 70's carreras will eventually drop back down to mid teens and SCs will get down to $20k.
I believe that's what they are really worth.
Maybe that's too optimistic, only time will tell.

As soon as the speculators stop jacking the prices up we'll see what the market will do.
Old 07-18-2017, 07:14 AM
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