The 911 Market

[Shaun @ Tru6]

This car is an interesting data point.

1967 Porsche 911S Soft Window Targa 5-Speed

[kach22i]

I guess interesting is the best adjective.

[GH85Carrera]

Wow, that is a lot of money for that car.

I saw a recent 1980 911 SC go for 66K on bring a trailer. I love the fact that my 911 is such a fun toy, and has way over doubled in value for what I paid, and almost tripled in value. It still ain't for sale for less that stupid money. Like the soft window above price range.

[javadog]

Somebody spent way too much money restoring that car. It doesn’t take that kind of dough to restore one to that standard.

[greglepore]

Well, they only built 700 some that year, who knows how many survive. But yeah, crazy BAT money. Curious to see if it actually settles.

[ckissick]

How is that price possible?

Also, what's this?

[Shaun @ Tru6]

Originally Posted by greglepore

Well, they only built 700 some that year, who knows how many survive. But yeah, crazy BAT money. Curious to see if it actually settles.

The economy is going to really open up in 2nd and 3rd quarters this year. People who did well during the pandemic are going to be doing extremely well. And will want to buy toys because there may not be a tomorrow next year.

I see toy prices increasing throughout the year.

[sc_rufctr]

Originally Posted by ckissick

How is that price possible?

Also, what's this?

That's the exhaust for the Webasto heater.

[stevej37]

Almost a half mil....and it doesn't even have a 'cool collar' on it.

[Scott Douglas]

I watched that auction close yesterday. After reading thru the receipts that were posted, I came to the conclusion that the owner must have walked into each place he had work done on the car with hundred dollar bills falling out of his pockets.
I tend to agree with javadog, it doesn't take that much to restore one of those cars. I bet he could have gotten the same result for a lot less if he'd just taken the car to Wilhoit or someone like that.

[pwd72s]

Tall dogs love seeing who can pee highest up the lamp post...

Humans love bragging that they can spend more on toys than the next guy...

At this level, that's what it's about...not the car itself.

[widebody911]

Originally Posted by stevej37

Almost a half mil....and it doesn't even have a 'cool collar' on it.

No E-Ram either - hard pass

[sugarwood]

Not a fan of that soft rear window. Looks like the car is melting.

[speeder]

What it’s all about is all of this new money being made and somehow BaT is where they all hang out and dispose of it. No one who has been in the game for over a week is spending close to a half million on a ‘67 targa. Certainly no one who worked for their money, no matter how rich.

It’s a brilliant business model for however long it lasts.

[pwd72s]

Originally Posted by speeder

What it’s all about is all of this new money being made and somehow BaT is where they all hang out and dispose of it. No one who has been in the game for over a week is spending close to a half million on a ‘67 targa. Certainly no one who worked for their money, no matter how rich.

It’s a brilliant business model for however long it lasts.

What's happening here? Again, I find myself agreeing with you.

[ckissick]

So how much is a well sorted '65/'66 912 worth?

[Shaun @ Tru6]

Originally Posted by ckissick

so how much is a well sorted '65/'66 912 worth?

$35k

[Scott Douglas]

Originally Posted by ckissick

So how much is a well sorted '65/'66 912 worth?

I'd say it depends on a number of things.
Is it all original paint?
Is it matching numbers engine/trans?
Is it rusty?
Has the engine ever been rebuilt?
If so, by whom?
Are the suspension bushings all original?

I'd say the $35k Shaun quoted is for a driver quality entry level car now days.
Check out the comments on the 912BBS where BAT cars have been talked about.

[onewhippedpuppy]

Sorry but that’s just stupid. Even if I had the money that would be a hard no.

[Bob Kontak]

Originally Posted by Shaun @ Tru6

People who did well during the pandemic are going to be doing extremely well. And will want to buy toys because there may not be a tomorrow next year.

I see toy prices increasing throughout the year.

I don't see an impending doom mentality. People want normal.

Rich folks like equities in up markets (assuming it will be strong). The unicorn ultra spend may not rise but the stuff in the middle will.

I say this primarily because of Nick Mason's 250 GTO and the car's value swings he observed because of market volatility across the decades. One day he was an idiot and the next the most savvy investor ever.