The 911 Market

[Scott Douglas]

Originally Posted by Zeke

And WTH is a "square lip exhaust tip?" Indeed, polished at that. How much did that little item run? I'll say this: you won't find that on Google.

Square lip exhaust tip is how you can tell an original exhaust tip from a repro one.
My brother gave me one when I had my 912. The lip of the exhaust tip is square not rounded. I think they made them by brazing on a square tube at the end of the pipe they were made out of.

[Gogar]

Shauny is right. $427k to a person who understands this car but doesn't want to crawl around on a garage floor is not a problem.

If you're a normal guy who's not afraid of crawling around on the floor and you want to do something else, that's also great.

But once you hit a certain threshold of financial ability the mathematics of scale kick in and it's more important to have an impeccably sorted car than a few days' worth of spending money.

[pmax]

Originally Posted by Zeke

The point is that apparently that was for paint — only. Metal finishing is somewhere else on that cost sheet. Perhaps the Porsche dealer.

However, after doing the math, I realize that $40K only pays for 400 hours at a lowly rate of 100/hr and no materials, so I concede on that.

What does mean for paint - only ?

400 hours to paint a shell ?

[Matt Smith]

Originally Posted by Aurel

For that kind of money, I would much rather have a Singer.

I’ll put it out there and say your Singer will likely have lost value in 10 years while the Softie tunes to higher notes. An octave above?

[911boost]

I agree with Gogar and Shaun, this could have been a dream for someone that has the means, so no different than buying a Toyota. Or, this is going to a museum.

I hope where ever it ends up it does get driven.

[onewhippedpuppy]

Originally Posted by Matt Smith

I’ll put it out there and say your Singer will likely have lost value in 10 years while the Softie tunes to higher notes. An octave above?

Lots of guys who spent $200k on muscle cars a decade ago would question your “prices always go up” mindset. Except for historically significant and/or very rare cars, collector car values are cyclical.

[slow&rusty]

While we are focused on the 911 market.

The Muscle Car guys are probably doing their own post-mortem on this car.

Nearly $400k was spent on it and bidding flat-lined at $92k
https://bringatrailer.com/listing/1970-chevrolet-camaro-21/

[greglepore]

Originally Posted by onewhippedpuppy

Lots of guys who spent $200k on muscle cars a decade ago would question your “prices always go up” mindset. Except for historically significant and/or very rare cars, collector car values are cyclical.

This. 911's are not Ferrari GTO's or Dusenbergs or Bugatti's. They were production automobiles. Granted, a soft window targa or an RS is a rare bird and will always command a premium, but not a crazy number. A nice driver 911t recently sold on BAT in the mid 60's, and the seller was disappointed. Well, duh. They're not all 100k plus cars.

The Camaro above? I don't know that anyone would pay over 300k for a resotmod, no mater what the seller spent to build it.

[KFC911]

My former CEO drove a new Porsche (so I heard). If she wanted an old one for half a million ... then meh, what's another week or two of "work" worth .

At some point.... the $$$ amounts just don't matter for their "toyz".

[javadog]

Face it, cars just aren’t worth the money that some of them bring now.

[sugarwood]

Originally Posted by slow&rusty

The Muscle Car guys are probably doing their own post-mortem on this car.

Most muscle car guys are close to nursing home age.
Muscle cars have been in decline for a decade or more.

[manbridge 74]

Originally Posted by sugarwood

Most muscle car guys are close to nursing home age.
Muscle cars have been in decline for a decade or more.

Why do you continually peddle this myth? Decent, near original muscle cars that a knowledgeable person would like to own start around 40K minimum. If anything they’ve gone up since I’ve been looking....

And that Camaro is hideous..

[onewhippedpuppy]

Originally Posted by manbridge 74

Why do you continually peddle this myth? Decent, near original muscle cars that a knowledgeable person would like to own start around 40K minimum. If anything they’ve gone up since I’ve been looking....

And that Camaro is hideous..

The muscle car market is a bubble that is slowly deflating as the target demographic ages out. Just like the 1950s car market did before it. They aren’t collector cars that will stand the test of time, they appeal to a certain demographic because of their nostalgic appeal. This is the cyclical nature of most collector items. A Chevelle isn’t worth $100k, just like a soft window 911S isn’t worth $400k. It’s not a 250 GTO, sorry to all the guys hoarding long hoods but it’s just not. Great car, but not a hyper rare historically significant car.

[manbridge 74]

I keep hearing this but all the ones I appreciate are still quite expensive. The Chevelle craze was like the 930 craze in 2015. Overvalued, but today they’re still not cheap.

There are many people like Sugarpants who never look at these car value questions closely. Meaning for example, there is a huge difference between an unrestored LS6 Chevelle vs a clone or even a clone being passed as the real item.

[onewhippedpuppy]

Originally Posted by manbridge 74

I keep hearing this but all the ones I appreciate are still quite expensive. The Chevelle craze was like the 930 craze in 2015. Overvalued, but today they’re still not cheap.

There are many people like Sugarpants who never look at these car value questions closely. Meaning for example, there is a huge difference between an unrestored LS6 Chevelle vs a clone or even a clone being passed as the real item.

Many are still expensive true, but they have already peaked and are on the downhill slide.

[Rodney Nelson]

This is insane.

[sc_rufctr]

"A car is worth what someone will pay for it"... Insane but there it is.

[tdw28210]

911's will never be at vintage Ferrari values. Just not rare enough (certain racey factory models excepted). However, the car appeals to an oddly wide demographic (young and old). So in the end I think 911 values fare better than '57 Chevy's, Model T's and your average muscle car.

[manbridge 74]

Originally Posted by onewhippedpuppy

Many are still expensive true, but they have already peaked and are on the downhill slide.

As we heard ad nauseam six years ago. I’m still waiting for more guys to die off or electric cars to take over so they are affordable I guess. The truth is that well documented mostly original examples have not gone down.

[greglepore]

Originally Posted by manbridge 74

I keep hearing this but all the ones I appreciate are still quite expensive. The Chevelle craze was like the 930 craze in 2015. Overvalued, but today they’re still not cheap.

There are many people like Sugarpants who never look at these car value questions closely. Meaning for example, there is a huge difference between an unrestored LS6 Chevelle vs a clone or even a clone being passed as the real item.

Yes, I'll agree with this. CPO cars etc will always have serious value, but I tend to agree with Matt that its not really cross generational in the same way that really rare boutique cars are. And the "sorta" special cars-the clones, the ordinary 396 or Mopar 440 etcs will slowly lose value. They'll never be "cheap", but not appreciating, rather depreciating.