Trying to decide whether to sell my 80SC - Sunroof Delete
 

Morning all,

I have a 1980SC, Black Metallic, Sunroof delete car. I though about selling it and listed it for $39,500 and the response is high. I think I could sell it for full ask no problem.

I thought about selling it because it's a 4th car and I just don't have so much time to tinker anymore with a new baby in the house.

So my question is, what do you think this car would be worth in 10 years or 20 years? I'm sure over that time it will need an engine rebuild and a tranny rebuild and likely some interior refreshing over those years. Say $25k into it.

I love the car and don't want to sell it but hate that I don't drive it much. But if I could get a good return on it over the next 20 years, then that could change my perspective.

Thoughts on future SC prices?

Thanks,
Josh

You don't keep a car because of potential value in 10-20 years.

Consider opportunity cost of money.
A car that sits for 10 years will just rot away.

Either start driving it or sell it.
Invest the money in SPY.

Buy another one later in life, if you want.

Run the numbers what a money market fund would earn you over the next 10 or 20 years. That will answer your question. There's no comparison.

Good advice and I agree. I'm not using this thread as my only source of determining a path :)

Was just curious what you guys thought.

True, but I do enjoy the car and i do drive it some so it's not completely a numbers game... I just don't have a ton of time for it.

My wife knows all my hobby cars are special and will appreciate.

Most people here will tell you that your SC will be worth $100,000 in 20 years.
Maybe even a few million dollars.

My opinion is not a popular one here, but do the math.

You can get a nice condition Model T for $5k these days.
How hot is the market for '32 Ford or '57 Chevy? These were $100k cars at one point.
60s Muscle cars prices have been on the decline for a decade now.

https://www.hagerty.com/articles-videos/articles/2018/10/17/why-are-these-desirable-collector-cars-cooling-down
https://www.hagerty.com/articles-videos/articles/2018/12/04/muscle-cars-arent-gaining-collector-car-market

These are toys that rarely get driven.
Guess what gets sold off when people downsize or get laid off ?
Guess what people hold off on buying when they get laid off ?

Your SC just doubled in value in 5 years.
It's a great time to sell when an asset doubles at the tail end of a long bull.

You say 4 cars. I assume one for SO daily, a daily for you, and? Maybe sell the other “extras car and drive the SC more?

Very... very good points!

Grand Cherokee for the wife.

4 door Wrangler for me.

Summer/Track Car is my flavor of the month... E90 M3 currently, but have been looking for a 997.

AND I have the SC.

I enjoy track days and autocross and not sure I want to beat up the SC for that.

https://www.hagerty.com/articles-videos/articles/2018/10/17/why-are-these-desirable-collector-cars-cooling-down
https://www.hagerty.com/articles-videos/articles/2018/12/04/muscle-cars-arent-gaining-collector-car-market


The same can be said for the earlier models on the list, as Newton explained, “A lot of the '40s, '50s and early '60s domestics go along with something we've been seeing generally, that lots of '40s and '50s cars primarily appeal to buyers who are quite a bit older. Younger enthusiasts aren't taking up the mantle, so demand is shrinking. This definitely seems to be the case with the bottom spot, the Stylemaster. Values dropped quite a bit recently, and buyers don't seem to be interested in them.”

That follows the trend that Hagerty valuation specialist Andrew Newton pointed out several months ago: younger buyers are opting for newer, more affordable collector cars, leaving classic muscle and sports cars with fewer new buyers in the market. The trend of ‘40s and ‘50s cars losing popularity also continues, with the 1946-1948 Chevy Stylemaster and its contemporary Ford counterpart, the Deluxe, tied for the second-lowest score on the list.

You have one weekend, but 2 weekend cars.

If you have an M3, then just sell the SC.
There is a reason you never drive it, and that reason is not going to change.

There are tons of these cars being preserved in garages all over the country.
Most owners have grey hair. Now do the math with an actuarial table.
Guess where that leaves you in 20 years? The driver's seat. LOL.

Haha! So does mine. As well as modifications are money in the bank.

Your car probably won't be worth much in 20 years IMO. Sell it. The $40k invested wisely over 20 years will be worth a small fortune.

And don't waste your time listening to Sugar. He's a doom and gloom Chicken Little proponent who lives for people like you to listen to his worthless, uniformed, one sided opinions.

I'd probably buy another carhttp://forums.pelicanparts.com/suppo...eys/paddel.gif

My feeling is that if a person considers selling their Porsche 911 - they should sell it.

Something is telling them to sell it - it's not something that they want for the long haul. You said you were looking at a 997 - so that's pretty cool if you sell the M3 and the SC.

To me, a 997 would not even be considered to be an option for me. I would never want one. But it's an option for many people and it's an awesome modern car.

I would not sell my car, although I do get grumpy some days. To me an aircooled 911 is everything - any G-Body would have been fine (and I have said this myriad times).

If you are hanging onto it because you may think it's going to increase in value then you are hanging onto it for the wrong reasons. As it has been said, any 911 with CIS stores very poorly.

I'd sell and let it go. I would also sell the M3 and then buy a 997. If you get what you think it's worth ($39K) then I'd do it and move on.

You've got a willingness to spend $25k in the future reconditioning it. Drive it like Ferry intended. To really see what these old sportscars can do, you need to get on the track with them, IMO.

If you took the $40 grand and put it in an SandP 500 etf you'll do far better than keeping it in an SC. Especially when you consider how much money you'll have to put into the car according to you.

These cars are not great investments, period. They're reasonable holders of value in most cases.

I could go into the myriad of reasons but I have answered that questions many many times on this forum, as have others.

No you can’t. You’ve tried the model T argument before, it doesn’t work. Way way way more model T were built than all the air cooled 911 combined and they still sell for more than they did new(adjusted for inflation)

This topic has been beaten to death. Sure the car will be worth more without global economic melt down. Will it be a good investment compared to conservative stock market investments, history is clear the answer is no.

If they pass the green new deal you can bet it's no