Holy cow!

[Nick Triesch]

I just checked Hagerty and their car values have changed. An average 1985 Carrera coupe is now at $49,000 on their web site!! Finally caught up!

[Kansas]

Originally Posted by Nick Triesch

I just checked Hagerty and their car values have changed. An average 1985 Carrera coupe is now at $49,000 on their web site!! Finally caught up!

Honestly, anything aircooled that can be driven and enjoyed is a $60k ride. Anything under $60k has some issues to be sorted.

[Nick Triesch]

Holy cow!!! I was told to insure my 85 for $45,000 just over a year ago. I thought that was high!

[Kansas]

Originally Posted by Nick Triesch

Holy cow!!! I was told to insure my 85 for $45,000 just over a year ago. I thought that was high!

I bought a very well sorted, fairly low mile SC coupe for $45k in October. It’s probably a $60k today. However, I’ve only ever insured my 911s for what I paid for them. But that’s just me. I don’t play the insurance valuation game.

[KNS]

^^

So if your well sorted, low mile SC coupe is stolen/wrecked do you think you'll find another for $45,000? If you're just going to take the check that's fine but if you actually want to replace your car for a similar vehicle you'll be looking for a while and getting in line behind those who've got $60,000 in their pocket.

I don't particularly like how values have shot up but it's the reality we live with now.

[NYNick]

Two different outlooks. One wants to protect what he paid, the other wants to insure he can replace the asset
Both are legimate logic.

Sent from my SM-G981U using Tapatalk

[MichaelB]

I just played this out with my policy today. Jaguar e-type valuations are going up and I had my car rated below the current numbers. I added an additional $60,000 worth of value to the one car & that equated to a $300 a year bump in my whole policy premium.

I thought about it for a bit... Then reality set in. $300 more for that much more agreed value? Its simple math even if it is paid for years & years. I want to be made whole if it is ever a total loss.

[Nick Triesch]

I had to bump my insurance. I paid $12,000 for my 85 in 2010 . Drove it 10 years and then a top end. So I’m still way ahead. Top end was $11,000. But worth it.

[Cobalt]

They still haven't figured it out they value my 94 turbo at $260k and a 91-92 turbo at the same price. I might find a 3.3 91-92 for $260k but no way will I replace my one of one 94 for close to that little.

[Travisrt1985]

OP, looks like hagerty now lists the 1985 carrera at $69,800. 1987 carrera at $87,600

[Glenfield]

The price of run of the mill air cooled cars makes for some
interesting arbitrage I reckon. I can’t believe an SC or Carrera is ~80k, while a Carrera 2.7 MFI is $250k. Know there’s 170k between them but one could go to the moon price wise. This may be a little sacrilegious, but hell of an opportunity existed a year back, when 996 GT3s were sub 100k. Pure speculating here of course and saying nothing about what’s a better car for the money

[Kansas]

Originally Posted by Glenfield

The price of run of the mill air cooled cars makes for some
interesting arbitrage I reckon. I can’t believe an SC or Carrera is ~80k, while a Carrera 2.7 MFI is $250k. Know there’s 170k between them but one could go to the moon price wise. This may be a little sacrilegious, but hell of an opportunity existed a year back, when 996 GT3s were sub 100k. Pure speculating here of course and saying nothing about what’s a better car for the money

Most any water cooled 911 is going to be a “better car for the money”. More reliable, light years faster, light years better handling and braking, and cheaper to maintain. Air cooled values are based solely on that classic 911 look, visceral, raw feel, and fire breathing engine. And as they say “It’s got the soul!”🤣

[Glenfield]

I definitely get all that with the air cooled cars. I own an SC and love it for some of the reasons you list. But 60-100k for G body cars vs 250k for 2.7 Carrera MFI seems like a bit of a mispricing. Have 2.7 Carerra on the mind, but sure there are other examples.

As an aside, I’d be very intrigued to drive a 996 GT3. I’d wager that it’s visceral and raw enough (even though I worship at the alter of air cooled).

[Macroni]

Originally Posted by Glenfield

60-100k for G body cars vs 250k for 2.7 Carrera MFI seems like a bit of a mispricing.

The price differential is in the "rarity" (mathematical number) of the 2.7 MFI 911/83 engine. The engine was available from 1973 to 1976 in a limited number of models. I believe the engine itself is worth $65,000 to $85,000 depending upon numbers, condition and vintage with the 73RS engines value being the highest.

A buddy is restoring a 74 2.7MFI now in its original highly desirable Continental Orange and is very excited about the car's potential $300,000 BaT value.

https://bringatrailer.com/listing/1975-porsche-911-carrera-18/

[blucille]

[QUOTE=Macroni;11595841

A buddy is restoring a 74 2.7MFI now in its original highly desirable Continental Orange and is very excited about the car's potential $300,000 BaT value.[/QUOTE]

It’s hard not to question his motivation.

Would it be nice to get out and drive it. Like this? https://markmorrissey.org/?p=1717

[Glenfield]

I reckon 300k is too cheap for Carrera 2.7 MFIs. RS engine and exactly the same production numbers just about. If it had RS in the name, it would be worth 300k more. If I had 150k burning a hole in my pocket, I’d sell my SC and consolidate up. Without getting too Xs and Os, I’d rather be long that arbitrage than the market right now

[cabmandone]

Originally Posted by Kansas

Honestly, anything aircooled that can be driven and enjoyed is a $60k ride. Anything under $60k has some issues to be sorted.

Ha! Someone needs to tell that to the folks that keep asking if I'm open to offers on my car priced at 38K.

[Macroni]

Originally Posted by Glenfield

Without getting too Xs and Os, I’d rather be long that arbitrage than the market right now

Interesting thought..... There might be opportunities if you are willing to compromise on as-is condition and less desirable color in both the RS and MFI Carreras market.

Top of market RSs or notoriety cars ($1.5MM published sale) are still climbing at multiples of bottom of the market cars ($.44MM) very, very bottom.

[Nick Triesch]

I know that Porsche made many 911 3.2 cars. To me it is amazing that they do not bring even more money. Before I bought mine 12 years ago I did my homework….more horsepower, motronic for reliability , bigger brakes, lots of the stuff fixed from the SC and Nikasil lined cylinders. You would think they would be $100,000 cars.

[Kansas]

Originally Posted by Nick Triesch

I know that Porsche made many 911 3.2 cars. To me it is amazing that they do not bring even more money. Before I bought mine 12 years ago I did my homework….more horsepower, motronic for reliability , bigger brakes, lots of the stuff fixed from the SC and Nikasil lined cylinders. You would think they would be $100,000 cars.

No doubt. 3.2s are great cars, but I wouldn’t paint them as a massive upgrade from the SC. The SC is a great car as well and really should command very similar valuations, especially to the non g50 3.2s. I much prefer the mechanical fuel injection system of the SC compared to the motronic. Most of the well known problems that came with the SC have been sorted out by now, and what you have is a lighter, much rev happier car with an engine that has proven to be more robust and durable than the 3.2.