How Much Have Prices Come Down?

[Matt Monson]

Pantone color of the year was just announced, it’s mocha mousse. Expect shyte browns to go up again.

[techweenie]

Originally Posted by Matt Monson

Pantone color of the year was just announced, it’s mocha mousse. Expect shyte browns to go up again.

Test case here:

Robust bidding, but not a record for a 72 hot rod:

https://bringatrailer.com/listing/1972-porsche-911t-coupe-14/

[Matt Monson]

Nice car.

[zztot]

Funny how one “individual “ can totally discount an information source……and feel they automatically have credibility based on their opinion.
Just because you disagree with what others say doesn’t mean it doesn’t have some validity.
Bubbles are real in any financial market and the concept isn’t at all confusing.
When things overheat they tend to cool. Basic economics.
I am not saying they are returning to some past level ( or bottoming out) but only that some softening is occurring. Peace!

[Rick Brooklyn]

Sorry don't want to derail the thread but... it's not that cars are more expensive, it's that dollars are worth less all the time, and that is going to continue.

May sound stupid but that's what it's all about. Bitcoin would be worth zero if that wasn't the case.

[Matt Monson]

There’s no bubble. There just isn’t.

[NYNick]

Anybody pay attention to the stock market? 30% YTD. If you're invested at all, you made a bundle.

[CANPOLU]

The prices of 911 project cars, such as the 1977 911S roller, have fallen slightly in the last year, but remain relatively stable. The demand is always present, especially for SC-type models or well-preserved cars. Fluctuations are influenced by the general economy and interest rates. Overall, this type of car remains a safe bet in the long term

Tutuapp

[Cobalt]

What I find hilarious is how a person can follow stats to buy what is 90% of the time an emotional purchase. I guess following the 911 market for nearly 45 years. Importing over 70 911's during the 80's grey market and helping nearly 1000 new 911 owners buy the right car over the past ten years is not worth anything anymore. I helped import a number of 964's since 2022. Each one has standing offers for significantly more than market value. I have another friend who is making a tidy profit selling 911's on BaT he has recently imported.

There must be a thousand threads on Rennlist regarding this. I find that maybe 33% of all buyers are on the forums it used to be closer to 55% but nobody bothers these days. I have been hearing about this bubble since 2022 yet the values kept going up. The market slowed when we waited to see the results of the election which was to be expected but what I see selling are heading back in an upward direction. The only people who keep screaming bubble are those looking for a deal that doesn't exist and they are still waiting till this day, or have bought a lesser model or another marque since they can't afford what they want. All along could have spent another $5k or so and had exactly what they wanted and is worth multiples today. But chose to use market valuations to buy and missed out. So they IMO and anyone who wants to believe there is one huge market bubble are living in one.

I can assure you that like Bruce Anderson back in Excellence days these valuations are BS and if you think that have any merit try buying a car in the condition they claim for that little. Most of the time a #4 is their #2 or #1 pricing and I would buy more if they were available at the prices they claim. This is old news and hasn't changed as I see it.

[Matt Monson]

Anthony do you remember when my running joke comment to all these threads was “winter is coming” because there were always a few references to the bubble popping. It was just always around the corner, for years.

[Cobalt]

Originally Posted by Matt Monson

Anthony do you remember when my running joke comment to all these threads was “winter is coming” because there were always a few references to the bubble popping. It was just always around the corner, for years.

Matt I was hoping those days were behind us but the same old comments keep surfacing. Leads me back to the old saying when dealing with my Government contractors.

Don't confuse me with the facts my mind is already made up.